Coated Fabrics Market to grow at 5.1 % CAGR through 2031

The global coated fabrics market is set to be valued at US$ 19,976.7 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm. The report forecasts the global coated fabrics market to grow at nearly 5.1% CAGR during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on Coated Fabrics growth will evolve in the next decade.

Demand for coated fabrics waned in 2020, and due to the economic impact of the unprecedented COVID-19 crisis. However, the manufacturing industry is currently in recovery mode. Considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. Rising application in the transportation segment will continue supporting growth. According to FMI, above 34% of sales in terms of application will concentrate in this sector.

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Key Takeaways

  • China, Japan, South Korea and ASEAN countries are witnessing high demand for coated fabric
  • China being the largest market in the world, is also expected to hold highest share in the coated fabrics due to presence of strong local base and extensive production facilities and availability of raw materials
  • The U.S. emerges as a leading market, accounting for over 84% sales in North America.
  • Increasing automotive sales will support growth in the U.K., enabling it to exhibit 5.6% y-o-y growth in 2021
  • Germany and France too will record high growth, driven by increasing focus on workplace safety

“Upsurge in demand for protection clothing and safety measures in the transportation in recent years is expected to provide an impetus to coated fabrics sales. Safety and high demand for various purposes of coated fabrics is expected to create substantial growth prospects. Leading players are enhancing their territories. However, contract acquisitions, collaborations and partnerships are some of the key strategies which will drive market players to strengthen their market presence and to gain market share” says FMI analyst.

The COVID-19 pandemic is currently impacting the global economy at various levels and the impact is seen on coated fabrics market as well.  The market growth is projected to be affected by the COVID-19 pandemic crisis and it is expected to witness a significant drop in demand in 2021. With a number of end-use industries affected in several countries, the growth has also been impacted due to challenges in manufacturing sector. The shortage in demand are expected to result in a significant drop in Y-O-Y growth yet FMI expects Coated Fabrics to grow at 5.1% CAGR through 2031.

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Competitive Landscape

The market is moderately consolidated, with key players accounting for significant market share. Some of the key players in the market are Saint Gobain S.A, Bayer AG, PPG Industries, 3M Company, among others. These players are likely to invest in new technologies, especially customized variants, to maintain their market share.

Coated fabrics market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop specific purpose that meet personalized requirements of end users. Collaboration with regional manufacturers is framed as a prime strategy expected magnify in the forecast.

Valuable Insights into Coated Fabrics Market

Future Market Insights, in its new report, offers an unbiased analysis of the global coated fabrics market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the market on the basis of material type (rubber coated and polymer coated) and application (commercial tents, furniture, industrial, protective clothing, and transportation) across seven regions.

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Biotherapeutics Virus removal filters Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2022-2027

The biotherapeutics virus removal filters provide robust and economic solutions to stop the potential viral contaminants in a sample from the desired product. By using virus removal technique, all the non-enveloped viruses can be completely removed from the sample. The biotherapeutics virus removal filters are basically used during the manufacturing of biotherapeutic drug products or samples such as therapeutic replacement enzymes, antibodies, blood, derivatives of plasma and biopharmaceuticals. The biotherapeutics virus removal filters can be used either in vivo or in- vitro environment. In biotherapeutics virus removal filtration, the virus removability is based on size-exclusion mechanism that is those viruses which are superior to the mean pore size, they became trapped.

Biotherapeutics Virus removal filters Market: Drivers and Restrains

The global biotherapeutics virus removal filters market is anticipated to register a significant CAGR over a forecast period. The pre-determined risk of contamination in biotherapeutic products is the major factor that can upsurge the growth of the biotherapeutics virus removal filters market. The global market of biotherapeutics virus removal filters market is driven by the increasing investments in research sector by government. The lack of experience and less awareness can be the factors which can hamper the growth of the market of biotherapeutics virus removal filters.

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Biotherapeutics Virus removal filters Market: Overview

The increasing investment by the government is the major role for better healthcare is expected to drive the market. The companies are engrossed in introducing the products for combat dressing. The biotherapeutics virus removal filters market is classified by technology, application and end user. In terms of technology, the global market of biotherapeutics virus removal filters is divided into size exclusion technology and depth filtration technology. By application the biotherapeutics virus removal filters market is segmented as monoclonal antibodies, blood & plasma, enzymes and protein. By end user, the biotherapeutics virus removal filters market is segmented into biopharmaceutical companies, clinical research organizations, academic institutes and others. Among all end user, biopharmaceutical companies are expected to gain maximum value share over the forecast period.

Biotherapeutics Virus removal filters Market: Regional overview

On the basis of geography, biotherapeutics virus removal filters market is segmented as North America, Latin America, Western Europe, Eastern Europe, Japan, Asia-Pacific and Middle East & Africa. North America is expected to dominate the biotherapeutics virus removal filters market due to the advent of advanced technologies in this region. Europe is also contributing the moderate shares to the market due to the advanced medical facilities and easy availability of the biotherapeutics virus removal filters in the market. APAC is the most lucrative market for the biotherapeutics virus removal filters due to increasing research facilities and developing biopharmaceutical industry in the region is expected to show a robust growth to the global biotherapeutics virus removal filters market. MEA is at a nascent stage to the global biotherapeutics virus removal filters market and anticipated to register a decent growth to the market over a forecast period. Overall, the global biotherapeutics virus removal filters market is expected to show significant growth over a forecast period.

Biotherapeutics Virus removal filters Market: Key Players

Some of the major players in the market are Pall Corporation, Z-Medica, LLC, Asahi Kasei Corporation, Merck KGaA, Sartorius AG and others.

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.

Biotherapeutics Virus removal filters Market: Segmentation

The biotherapeutics virus removal filters market is classified into technology, application and end users.

Biotherapeutics Virus removal filters Market is segmented, by Technology –

  • Size Exclusion Technology
  • Depth Filtration Technology

Biotherapeutics Virus removal filters Market is segmented, by Application –

  • Monoclonal Antibodies
  • Blood & Plasma
  • Enzymes
  • Proteins

Biotherapeutics Virus removal filters Market segmented, by End User-

  • Biopharmaceutical Companies
  • Clinical Research Organizations
  • Academic Institutes
  • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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Biophotonics Market is expected to register a CAGR of over 11.3% between 2021 and 2031

Future Market Insights (FMI) released its latest report on biophotonics market. The market is expected to register a CAGR of over 11.3% between 2021 and 2031. The study takes into account the impact of COVID-19 on Biophotonics Market.

The global biophotonics market is driven by factors such as Increasing ageing population, the government support in technology innovations, enhanced range of biophotonics applications, and a need for improvement in healthcare.

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Region-wise, North America was the highest contributor to the global biophotonics market, followed by Europe, the Middle East and Africa (EMEA) and Asia Pacific. However, the North America is expected exhibit a CAGR of over 10.9% during the forecast period

According to end-user type, the global biophotonics market is segmented as Medical diagnostics, Medical therapeutics, Test components and Non- Medical. The medical diagnostics is expected to dominate the global biophotonics market and register a CAGR of over 10.7%during the forecast period.

Non-medical applications are projected to demonstrate an impressive growth rate of over 15.5% CAGR between 2021 and 2031. Growth in global biophotonics market is largely attributed to growth in end use sectors, which largely include diagnostic centers, medical institutes, healthcare service providers, research institutes and laboratories, and medical & scientific instrument manufacturers.

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By application type, the Global Biophotonics market is segmented as See through imaging, Spectro molecular, Inside imaging, Biosensors, Surface imaging, Microscopy, Light therapy, and other analytic sensing. Among all the aforementioned segments, the biosensors is projected to witness over 17.2% CAGR during the forecast period. The microscopy and light therapy applications are expected to exhibit a CAGR of 15.1 % each respectively between 2021 and 2031.

The growth is attributed to implementation of the biosensors in other analytic sensing segment due to its specific biological analyte sensing capability such as pregnancy test, food toxicity, and cholesterol tests. Key players in the global biophotonics market are Becton, Dickinson & Co., Affymetrix Inc., Carl Zeiss, Olympus America, Andor Technology and Hamamatsu Photonics.

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates

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Global Linear Slide Units Market predicted to expand at a CAGR of 7.2% 2022-2028, Projected to reach US$ 3.6 Bn by 2028: FMI

Shipments of linear slide units are set to enjoy Y-o-Y growth of 4.9% in 2022 and attain a market valuation of US$ 2.4 Bn. With the market predicted to expand at a CAGR of 7.2% (2022-2028), the global linear slide units market is projected to reach US$ 3.6 Bn by 2028.

Linear Slide Units Market Size (2022) US$ 2.4 Bn
Predicted Market Revenue (2028) US$ 3.6 Bn
Forecasted Growth Rate (2022-2028) 7.2% CAGR
Dominant Regional Market Europe – 36.8%

Linear slide units mark an emerging trend in factory automation and work on the linear motion technology. Employed in various industries, such as food & beverage, retail & e-commerce, machine building & SPMs (special purpose machines), automotive and others, linear slide units assist in typical applications where medium to low payload is required at a good speed and high acceleration. These units can work efficiently in harsh environments as well.

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Linear slide units, considered under the scope of this study, have been mainly classified on the basis of pricing, drive, guide, capacity, application, end use, and region/country.

The global linear slide units market was valued at approximately US$ 2.4 Bn at the end of 2022. At an estimated CAGR of 7.2%, the linear slide units market is expected to observe robust growth in revenue over the forecast period.

Highlights – Linear Slide Units Market Segmental Analysis

By pricing, the medium range segment is expected to account for more than one-half of the market value share in the global linear slide units market as consumers in the global market prefer economical yet more efficient linear slide units for their plants. Premium linear slide units are used by consumers with high capital and customs requirements in the global linear slide unit market.

On the basis of a drive, the linear slide units market has been segmented into ball screw and belt drive. The ball screw segment is projected to grow at a considerable rate in the global market as Linear Slide Units are used with ball screws; however, when accuracy is not the foremost requirement, and speed with the ability to reiterate the operation is, then belt drives are the preferred option.

On the basis of capacity, the Linear Slide Units market has been segmented into less than 50 kg, between 50-100 kg, between 100-150 kg and above 150 kg. The less than 50 Kg segment is estimated to dominate the global linear slide units market with a value CAGR of 7.5% between 2018 and 2018, followed by the 50-100 kg segment. By application, the linear slide unit market has been segmented into pick & place, packaging, and inline production. The pick & place segment is expected to hold around 40% of the global linear slide units market value share by 2018 and expand at a CAGR of 6.8% over the forecast period.

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By end use, food & beverage, packaging and machine building & SPM segments are projected to collectively account for more than a 60% value share in the global market. On the basis of region, India and East Asia are estimated to grow at significant rates in the global linear slide units market, owing to rapid industrialization and the substantial growth being witnessed in automotive component and metal fabrication industries.

The intensity of competition in the linear slide unit market is medium to high. There are a large number of big and medium players in the marketplace, which makes the linear slide units market fairly consolidated. However, more than 50% of the linear slide unit market is held by organized players. Key companies serving the linear slide units market are keen on launching new products and entering into expansion agreements to meet the fast-changing tastes and demands of consumers. Some of the key players active in the global Linear Slide Units market include Bosch Rexroth, Festo Group, SMC Corporation, Parker Hannifin, Igus, Phoenix Mecano AG, HIWIN Corporation, THK CO., LTD., and Thomson Industries Inc., among others.

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Key Segments of Linear Slide Units Industry Survey

Linear Slide Units Market by Pricing:

  • Premium Linear Slide Units
  • Medium Range Linear Slide Units
  • Low Range Linear Slide Units

Linear Slide Units Market by Guide:

  • Ball Guide
  • Slide Guide
  • Wheel Guide

Linear Slide Units Market by Capacity:

  • Linear Slide Units Less than 50 Kg
  • Linear Slide Units Between 50-100 Kg
  • Linear Slide Units Between 100-150 Kg
  • Linear Slide Units Above 150 Kg

Linear Slide Units Market by Drive:

  • Ball Screw
  • Belt Drive

Linear Slide Units Market by Application:

  • Pick & Place
  • Packaging
  • Inline Production

Linear Slide Units Market by End Use:

  • Linear Slide Units for Food & Beverages
  • Linear Slide Units for Packaging
  • Linear Slide Units for Retail & E-commerce
  • Linear Slide Units for Machine Building & SPM
  • Linear Slide Units for Automotive
  • Linear Slide Units for Pharmaceuticals

Linear Slide Units Market by Region:

  • North America Linear Slide Units Market
  • Latin America Linear Slide Units Market
  • Europe Linear Slide Units Market
  • East Asia Linear Slide Units Market
  • South Asia & Pacific Linear Slide Units Market
  • Middle East & Africa (MEA) Linear Slide Units Market

Serration Balloon Catheters Market is Expanding with the TOP Key Players: Cagent Vascular, Intact Vascular, Terumo Corporation, Cordis Corporation, Bard Peripheral Vascular 2022-2027

Serration balloon catheters are mainly those catheters which are having teeth-like ridges on four sides of the balloon. The recently FDA approved Serranator Alto PTA Serration Balloon Catheter based on the percutaneous transluminal angioplasty (PTA) principal. The serranator is one of a family of peripheral artery disease (PAD) technologies which incorporates proprietary serration technology to an angioplasty balloon. The Serranator has four embedded metal strips on an angioplasty balloon designed to create multiple longitudinal lines of interrupted micro-serrations to aid arterial expansion. Material that is serrated is more responsive to directed energy. In angioplasty, the serrated lines are more responsive to the balloon’s energy, thus achieving lumen expansion in a controlled and predictable way. The serration balloon catheters are specializes while introducing a new and more effective method of vessel expansion, during angioplasty.

Serration Balloon Catheters Market: Drivers and Restraints

Increase in ageing population and changes in lifestyle leading to hypertension, obesity, and other risk factors that lead to vascular disorders is expected to propel the growth of the PTA based serration balloon catheters market. In addition, technological advancements of some PTA dilatation catheters from class III to class II device by FDA, and increase in prevalence of diseased peripheral arteries are expected to further drive the market growth. However, availability of alternative therapies, and complications associated with serration balloon catheters restrain this growth. The upsurge in demand for minimally invasive surgeries, rise in disposable incomes, and growth prospects in emerging economies of Asia-Pacific and LAMEA are expected to provide numerous opportunities for market growth during the forecast period.

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Serration Balloon Catheters Market: Overview

The global market for serration balloon catheters is expected to witness moderate growth over the forecast period due to increasing adoption of serration technology which intended to prove to be effective in more complex lesions and for vessel dilatation. In coming next few years, the serration balloon catheter will develop its clinical benefit as a vessel preparation tool with new technologies such as drug coated balloons. Among two material types of serration balloon catheter, semi-compliant material is expected to contribute the largest share in the global market. Among delivery platform of serration balloon catheters, over-the- wire balloon catheter is expected to contribute highest value share in the global market due to increasing applications of serration balloon catheter, indicated for dilatation of lesions in the iliac, femoral, iliofemoral, and popliteal arteries and for the treatment of obstructive lesions of native or synthetic arteriovenous dialysis fistulae.

Serration Balloon Catheters Market: Regional Outlook

Geographically, global serration balloon catheters market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America clearly dominates the global serration balloon catheters market due to increasing number of patient suffering from obstructive lesions. Europe is expected to be the second largest market however, the market is expected to witness. Sluggish growth due to cost-saving measurements being taken by the European Union. Asia Pacific serration balloon catheters market is expected to be one of the fastest growing markets.

Serration Balloon Catheters Market: Key Players

The market for serration balloon catheters is consolidated with a presence of few strong players. Some of the players identified in global serration balloon catheters market include Cagent Vascular, Intact Vascular, Terumo Corporation, Cordis Corporation, Bard Peripheral Vascular, Cook Medical, Boston Scientific Corporation, Covidien, Abbott Laboratories.

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.

Serration Balloon Catheters Market: Segmentation

Tentatively, global serration balloon catheters market has been segmented on the basis of material type, delivery platform, and geography

Based on material type, global serration balloon catheters market is segmented as below:

  • Semi-compliant material
  • Non-compliant material

Based on delivery platform, global serration balloon catheters market is segmented as below

  • Over-the-wire (OTW) balloon catheter
  • Rapid exchange (RX) / Monorail balloon catheter

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
​United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Wood Pellet Heating Systems market has witnessed growth from US$ 5.33 Bn to US$ 6.83 Bn from 2022 to 2029

Wood Pellet Heating Systems Market research report covers detailed company profiling enables users to evaluate manufacturer shares analysis, emerging product scope, pricing strategies, opportunities assessment, innovation possibilities and much more. It provides market overview, research methodology, market landscape and its growth prospects over the coming years. The report also includes analysis of top key players with Covid-19 impact – ETA Heiztechnik, Erwin KOPPE – Ceramic Heaters GmbH, HARGASSNER GmbH, Windhager Zentralheizung GmbH, BioCurve.

A new market research report by Future Market Insights on the wood pellet heating systems market includes Europe industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the wood pellet heating systems market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the Europe wood pellet heating systems market is expected to experience substantial growth during the forecast period due to multiple driving factors, such as smart technologies & mobility heightening attractiveness of wood pellet heating systems over conventional ones and limited emission of air pollutants.

Europe Wood Pellet Heating Systems Market Size (2022) US$ 5.33 Bn
Revenue Forecast (2029) US$ 6.83 Bn
Europe Market Growth Rate (2022-2029) 3.6% CAGR
Italy Market Share 31.4%

Sales of wood pellet heating systems in Europe currently account for around US$ 5.33 Bn. Detailed industry analysis reveals that the Europe wood pellet heating systems market is anticipated to progress at a CAGR of 3.6% to reach a valuation of US$ 6.83 Bn by 2029.

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The Europe wood pellet heating systems market was valued at US$ 5.33 Bn in 2022, and is estimated to increase at a CAGR of 3.6% during the forecast period of 2022-2029. This growth is majorly driven by the increasing consumption of wood pellet heating systems in commercial, residential, as well as industrial sectors.

With the emergence of smart technologies and convenience trends among consumers, manufacturers of wood pellet heating systems are focused on incorporating advanced control panels and add-on features to their products to maintain innovation supremacy in the market, according to FMI’s analysis.

Rising Market Attractiveness of Nordic Countries

Italy is projected to hold significant value share in the Europe wood pellet heating systems market due to rising prices of fossil fuels and federal environmental sustainability strategies. However, the Nordics region, followed by Benelux, is expected to project lucrative growth in the Europe wood pellet heating systems market during the forecast period of 2022-2029. Denmark market is estimated to be prominent in Nordics, by holding ~20% of the market value share, and is expected to remain prominent till 2029.

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Commercial Sector – Key End-use Area of Wood Pellet Heating Systems

The Europe wood pellet heating systems market has been segmented on the basis of product, end use, and countries such as Germany, Italy, France, the U.K., Spain, Nordics, Benelux, Russia, and Rest of Europe.

  • On the basis of product, wood pellet stove is estimated to hold significant shares of the Europe wood pellet heating systems market in terms of value. By the end of 2029, sales of wood pellet boilers are likely to take over the stove variants.
  • By end use, the residential sector is projected to hold significant share of the Europe wood pellet heating systems market. Residential adoption of wood pellet heating systems is expected to be prominent across all countries, owing to the increasing inclination towards biomass heating systems, advanced technologies, and optimum efficiency of wood pellet heating systems over conventional systems. However, the usage in industrial sector, followed by commercial, is expected to grow at a high CAGR.

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Wood Pellet Heating Systems Market: Vendor Insights

The report lists some of the prominent market players, who are recognized as leaders in the Europe wood pellet heating systems market. Some of the key players in the Europe wood pellet heating systems market are Ferroli S.p.A., BioCurve, ÖkoFEN Research and Development Ges.mbH, Linea Trovata, HAAS + SOHN OFENTECHNIK GMBH, Erwin KOPPE – Ceramic Heaters GmbH, Fröling GmbH, Biotech Energietechnik GmbH, KWB – Kraft und Wärme aus Biomasse GmbH, Gilles Energie- und Umwelttechnik GmbH & Co KG, Solarfocus GmbH, Windhager Zentralheizung GmbH, Guntamatic Heiztechnik GmbH, ETA Heiztechnik, HARGASSNER GmbH, and Burkhardt GmbH.

Key Segments of Europe Wood Pellet Heating Systems Industry Survey

Europe Wood Pellet Heating Systems Market by Product:

  • Boilers
    • 1- 10 kW
    • 10- 50 kW
    • 50 kW -200 kW
    • 200 kW -500 kW
    • 500 kW- 1,000 kW
    • 1,000kW – 5,000kW
  • Stoves
  • Fireplace
  • Biomass Gasifiers

Europe Wood Pellet Heating Systems Market by End Use:

  • Residential Wood Pellet Heating Systems
  • Commercial Wood Pellet Heating Systems
  • Industrial Wood Pellet Heating Systems

Europe Wood Pellet Heating Systems Market by Country:

  • Germany Wood Pellet Heating Systems Market
  • Italy Wood Pellet Heating Systems Market
  • France Wood Pellet Heating Systems Market
  • U.K. Wood Pellet Heating Systems Market
  • Spain Wood Pellet Heating Systems Market
  • Nordics Wood Pellet Heating Systems Market
  • Benelux Wood Pellet Heating Systems Market
  • Russia Wood Pellet Heating Systems Market
  • Rest of Europe Wood Pellet Heating Systems Market

India Construction Chemicals Market will expand at CAGR of 13.6% through 2031

Primary application of construction chemicals is to improve strength, durability, and workability of construction chemicals. The robust expansion of the Indian real estate sector and increasing investments in commercial and residential construction projects will fuel the demand in the India construction chemicals market.

As per Future Market Insights’ analysis, the India construction chemicals market is anticipated to reach a value of US$ 21.7 Bn by 2031 end, expanding at a CAGR of 13.6% during 2021-2031.\

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Commonly used construction chemicals in India includes admixtures, water proofing chemicals, adhesives and sealants, protective coatings, and asphalt additives. The demand for construction chemicals is largely driven by affordable housing residential projects, in addition to infrastructure projects initiated by the government. Foreign direct investments are also likely to boost the sales in the country over the coming years.

However, the ongoing crisis caused by COVID-19 virus, has resulted in a short-term slump of production and distribution chains in the industry. Raw materials required for the production of construction chemicals are manufactured by chemical companies, which experienced a downturn during the pandemic as the supply chains were disturbed due to strict lockdown restrictions.

Furthermore, the construction sector in India was highly impacted by the pandemic, as ongoing and upcoming construction projects have been delayed or cancelled.

Key Takeaways from India Construction Chemicals Market Study

  • India Construction Chemicals Market will continue expanding, reaching a valuation of US$ 21,642 Mn by 2031, primarily driven by infrastructure investments.
  • Water proofing and protective coatings collectively holds more than 50% of the market share in the country’s market, with impetus provided from renovation and repair applications.
  • Governmental spending in the construction chemical sector has risen by approximately 1.8 times owing to the “Make in India” scheme for infrastructure and industrial development.
  • North and South India account for 30% of the overall Indian construction chemicals market each, with major investments into smart city projects.
  • The COVID-19 outbreak has resulted the construction industry in India coming to a standstill. As such, the construction chemicals market experienced a CAGR of -12.6% in 2020.

“The India construction chemicals market has a highly fragmented vendor landscape, which has resulted in fierce competition in the market. However, demand for construction chemicals in the country is likely to rise with increasing urbanization and subsequently rising demand for urban residential construction projects through the end of 2031,” said an analyst at FMI.

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Who is Winning?

The India construction chemicals market will remain fragmented due to strong presence of local players. Leading players are focusing on strengthening their product portfolio and expanding their market footprint through acquisition of smaller companies in the market.

Some of the key manufacturers of construction chemicals in India are BASF SE (Master builder Solutions), Pidilite Industries, The Dow Chemical Company, RPM International Inc., Mapei S.P.A., Magicrete Building Solutions pvt. Ltd., GCP Applied Technologies Inc., Akzo Novel N.V., Sika AG, Chembond Chemicals Ltd., Flowcrete India Ltd., Fosroc Holdings U.K. Limited, MC-Bauchemie, Balmer Lawries & Co. Ltd., Cera-Chem Pvt. Ltd., Choksey Chemicals Pvt. Ltd., MYK LATICRETE India, CICO Technologies Limited, Ardex Endura, KERAKOLL India Pvt. Ltd., and Saint-Gobain S.A. among others.

Want to Know More?

Future Market Insights has published a market research report on the India Construction Chemicals Market that contains global analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides insightful analysis of the India Construction Chemicals Market through five different segments- Gas type, by End Use Equipment, by application, By End Use and region.

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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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DNA Sequencing Services Market Overview & Analysis on Current Trends/Issues/Challenges, Competition & Companies involved, Technology & Value Chain-2022-2027

The DNA sequencing determines the sequence of the four DNA bases, Adenine, Thymine, Guanine, and Cytosine. Adenine (A) always pairs with thymine (T); cytosine (C) always pairs with guanine (G). The sequencing of the DNA base pairs are important to establish the genetic information to be used further in determining regulatory instructions, gene positioning and other. The DNA sequencing has been used as an important tool in the diagnosis of various chronic diseases as it highlights changes in the gene that causes disease. During the time of cell division, the base pair are copied and this is the fact that most of the experiments are carried out on the DNA bases. Different sequencing methods such as Sanger sequencing method Pyrosequencing, are used while sequencing the base pairs. The advancement in the DNA Sequencing will advance the research process, drug designing, protein interaction, and study of diagnosis, treatment of different medical conditions.

Manufactures and service providers in DNA sequencing market are engaged in the development and commercialization of cost-effective kits, reagents, sequencing equipment and other consumables required for various clinical and medical applications. Clinical laboratory are highly equipped with assay and sequencing instrument systems used for the detection and classification of various disease type such as cancer, risk of cancer progressions, cancer predisposition, rare genetic diseases and others. The advancement in the molecular genetics, increasing number of infection rate & healthcare-acquired infections (HAIs) is prompting manufacturers and hospitals to seek newer methods of research for reducing cross-contamination, has led to the revenue growth over the forecast period.

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Improvements in nucleic acid prep processes have led to a greater demand for high quality reagents, kits and associated products

Several companies with product offerings have developed in-house capabilities to generate high quality products with short turn-around times to meet varying research requirements. Technological advancements in DNA sequencing such as Next-generation sequencing has boost research activities in molecular biology field, growing demand for research and development. Investment in basic research, especially by academic and research institutes over the past several decades have led to a solid understanding of the fundamental pathways through which various proteins implicated in disease development are either upregulated or down regulated

DNA Sequencing Services Market: Drivers and Restrains

Increased demand for research and development for early detection and diagnosis of disease, increased expenditure on healthcare sector, growing number of hospitals and clinical diagnostic laboratories, increased demand for personalized medicines requires the study of individual cell structure and function, rise in prevalence of cell based diseases such as cancer and autoimmune diseases requires the detection and diagnosis of specific cell and tissue, rise in number of biopsy procedures. Technological advancement in the diagnostic and treatment process of infectious diseases, increase in life science research funding and public grants, custom product offerings for specific needs, advancement in molecular techniques are the factors fueling the demand of DNA sequencing services market in the near future.

DNA Sequencing Services Market: Overview

The DNA Sequencing Services market is segment based on product type, application, end-user and geography. Based on the product type, DNA Sequencing Services market is segmented on the basis of Maxam – Gilbert Sequencing, Chain-termination Methods, Large-Scale Sequencing, New Sequencing Methods, High Throughput Sequencing and others. Based on application type, the market is segmented as molecular diagnostic study, clinical diagnosis, reproductive health, personalized medicine and others. On the basis on end user, the DNA Sequencing Services market is segmented into hospital, diagnostic centers, biotechnology and pharmaceutical industry, academic research institutes. Increase in the number of patient population will lead to rise in the diagnostic procedures, growing demand for early diagnosis of rare disease will reduce the healthcare cost burden. Growth opportunities such as increasing market share through mergers and acquisitions and investing in emerging economics, technological advancement in DNA sequences that will reduce time in sequencing with high accuracy level is boosting the growth of the target market.

DNA Sequencing Services Market: Regional Overview

Region wise, the global DNA Sequencing Services market is classified into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is estimated to account for major share followed by European countries. Mainly the U.S. & European markets, owing to its innate nature of developed healthcare infrastructure adopts advanced technology at early stage as compared to developing economies, increase in cancer incidence rate, that follows advanced diagnostic procedure in United States. According to Word Health Organization, it is estimated that by 2030, about 23.6 million new cases of cancer will prevail worldwide, increasing government spending on healthcare in the United States. Significant economic development has led to an increase in healthcare availability in Asia Pacific region, growing number of multi-specialty clinics and hospitals and penetration of global players in Asia is expected to fuel demand for DNA Sequencing Services for research and development and advancing the diagnostic and treatment process

DNA Sequencing Services Market: Key Players

Some of the key players in global DNA sequencing service market are Thermo Fisher Scientific, Inc., Abbott Laboratories, GE Healthcare, Merck KGaA, Agilent Technologies Inc., Roche Holding AG, Pacific Biosciences, Illumina Inc., Raindance Technologies Inc., Microchips Biotech, Inc. and others

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.

DNA Sequencing Services Market: Segmentation

The global DNA Sequencing Services market has been classified on the basis of product type, application, end user and geography.

Based on Product Type, the global DNA Sequencing Services market is divided into following:

  • Maxam – Gilbert sequencing
  • Chain-termination methods
  • Dye-terminator sequencing
  • Automation and sample preparation
  • Large-scale Sequencing
  • New Sequencing Methods
  • High Throughput Sequencing
  • Parallel Signature Sequencing (MPSS)
  • Polony Sequencing
  • Pyrosequencing
  • Illumina (Solexa) Sequencing
  • SOLiD Sequencing
  • Others

On the basis of end use, FTIR gas analysers market segmented into:

  • Automotive
  • Chemical
  • Agriculture
  • Oil and Gas
  • Research and Development
  • Others

On the basis of end use, FTIR gas analysers market segmented into:

  • Hospital
  • Diagnostic Centers
  • Biotechnology and Pharmaceutical Industry
  • Academic Research Institutes
  • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:
Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
​United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Commercial Refrigeration Equipment Market is estimated to be  US$ 51.8 Bn in 2022 and is projected to reach US$ 68.3 Bn by 2028

The global commercial refrigeration equipment market is estimated to be  US$ 51.8 Bn in 2022 and is projected to reach US$ 68.3 Bn by 2028, at a CAGR of 4%, from 2022 to 2028. The commercial refrigeration equipment market is expected to shift towards natural refrigerant-based systems because of the potential for large energy savings, and implementation of stringent regulations worldwide for phasing out ozone-depleting substances, such as hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs).

The demand for NH3/CO2 cascade systems is also slated to go up gradually due to the advantages they offer for food processing and low-temperature distribution facilities. These benefits include low operating costs (as they use less energy per ton of refrigeration compared to other systems), lower capital and compliance costs, optimal food quality, and increased throughput.

With sales of commercial refrigeration equipment enjoying Y-o-Y growth of 3.9% in 2022, the market is expected to be worth US$ 51.8 Bn by the end of the year. The global commercial refrigeration equipment market is anticipated to reach a valuation of US$ 68.3 Bn by 2028 while progressing at a CAGR of 4% (2022-2028).

Commercial Refrigeration Equipment Market Size (2022) US$ 51.8 Bn
Projected Market Value (2028) US$ 68.3 Bn
Global Market Growth Rate (2022-2028) 4% CAGR
Dominant Regional Market North America (28.5%)

Witnessing an uptick of 3.4% over 2021, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 51 Bn by 2022 end. As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2022 – 2029. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

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Sustainable and energy-efficient refrigeration systems are set to become a norm across the end-use industries, which should compel manufacturers to increase their investments in R&D and product innovations. Leveraging energy-efficient technologies to offer low global warming potential (GWP) products with rich functionalities will be the ticket to capturing significant market share in the long run.

COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS

  • Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment.
  • North America and Europe would collectively account for over half of the market value share by 2029 end.
  • The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players.
  • The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely impact the market growth.
  • The higher average unit cost of freezers & refrigerators allude lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2021.
  • Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators.
  • Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2022, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

Manufacturers who are keeping the innovation quotient high and providing turn-key solutions to meet regulatory requirements, with safety to end users at the core, will be rewarded in the long run.

Chinese Players Striving to Win Home Market​

In developed markets, rapid acceptance of alternative refrigerants to benefit from regulatory standards along with expansion of F&B processing industries continue to contribute to the development of the commercial refrigeration equipment market.

The growth of Asia Pacific’s commercial refrigeration equipment market was influenced by a shift of Asian eating habits towards western-style convenience food. With the ability to manufacture their own compressors, Chinese companies are gaining competitive edge to reign supreme in their home market with indigenous brands.

Competition Trends

In 2021, the top four stakeholders including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation collectively accounted for 20-25% revenue share. The emergence of a large number of small players in developing countries has resulted into price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

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Global Commercial Refrigeration Equipment Market By Category

By Product Type :

  • Beverage Refrigerator
    • Drinking Fountain
    • Soda Fountain
    • Beer Dispensing Equipment
    • Beverage Coolers
  • Freezers & Refrigerators
    • Freezers and Chillers
      • Blast Chillers/Stock Freezers
      • Contact Freezers
    • Refrigerators
      • Walk-In Refrigerators
      • Reach-In Refrigerators
  • Transportation Refrigerators
    • Trailers
    • Truck
    • Shipping Container
  • Glass Door Merchandizers
    • Hinged Door
    • Sliding Door
  • Display Cases
    • Ice Cream Cabinet
    • Bakery/Deli Display
  • Beverage Dispensers
  • Refrigerated Vending Machine
  • Ice Machine
  • Ice Cream Machine

By Application :

  • Food Services
  • Food & Beverage Retail
  • Food & Beverage Production
  • Food & Beverage Distribution

By Region :

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

Global Extreme Ultraviolet (EUV) Lithography Market is expected to register a 21.5% CAGR over the forecast period from 2022 to 2029

The Extreme Ultraviolet (EUV) Lithography Market is expected to register a 21.5% CAGR over the forecast period from 2022 to 2029. EUV lithography makes the usage of light with a wavelength of just 13.5 nm, which is a reduction of almost 14 times the wavelength of the other lithography techniques in advanced chipmaking, Deep Ultraviolet lithography, which uses 193 nm light. ASML, which is the dominant player in the market, has been exploring ways to reduce transistor sizes and has made considerable strides in the field of EUV lithography, which enables more precise and efficient production of semiconductors at small transistor scales around 7nm node size or even 5nm.

The global EUV Lithography sales were valued at around US$ 4,648.6 Mn by the end of 2021. The market is projected to register 21.5% CAGR between 2022 and 2029 reach a value of US$ 22,978.6 Mn by 2029.  EUV stands for extreme ultraviolet which refers to light’s wavelength. Increasing advance lithographic systems is one of the key factors accelerating the sales of this technology in the market.

Global EUV Lithography Market Value (2021A) US$ 4,648.6 Mn
Global EUV Lithography Market Analysis Estimation (2022E) US$ 5,879.6 Mn
Global EUV Lithography Market Analysis Projection (2029F) US$ 22,978.6 Mn
Value CAGR (2022-2029) 21.5%
Collective Value Share: Top 3 Countries (2022E) 60.8%

Miniaturization of integrated circuits and microchips, elevated wafer production, and consistent growth of the semiconductors industry are anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe. EUV lithography market is estimated for a staggering CAGR of 21.5% during the forecast period of 2022-2029.

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Key Takeaways

  • Reduction of microchip sizes to incorporate them into shrinking semiconductors is one of the prime factors that resulted in the development of EUV lithography technology.
  • Emergence of artificial intelligence (AI), machine learning, industrial IoT (IIoT), and autonomous driving has been driving miniaturization of microchips, subsequently creating the need for EUV lithography in chip manufacturing.
  • Constant innovation, R&D, and retrofitting of installed systems to improve wafer production, are anticipated to remain key trends in the EUV lithography market.
  • Integrated device manufacturers (IDM) and foundries are projected to create bulk of the demand for EUV lithography systems, as they are responsible for majority of the microchip and integrated circuit (IC) demand across industries.
  • Acquisition of stakes in key technology-based companies to complement product development is anticipated to remain a prominent trend in the market.

Currently, many IDMs and foundries are cautious in the adoption of EUV lithography in chip manufacturing, given the infancy of the technology and high upfront costs. However, with continuous innovation and R&D, products are expected to become more efficient and cheaper.

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EUV Lithography Market – A Monopoly

The EUV lithography market is led by a single manufacturer. ASML is the sole manufacturer of EUV lithography systems in the world today and holds a monopoly in the market. The company is focused on acquiring stakes in key companies, which provide supporting technology for the manufacturing of EUV lithography systems. It is also engaged in collaborations with solution providers to help in R&D and development of future generations of EUV lithography systems.

Will EUV Dominate Lithography Systems?

In the present lithography market, EUVs are a new and upcoming technology, with the first commercial product being sold in 2016. Given their ability to process light onto microchips of very small surface and with the growing adoption of technologies demanding miniaturization of microchips, EUV lithography market is anticipated to capture a huge market share of lithography systems in the coming years.

Know More About Report Inclusions

Future Market Insights’ new market research report on the EUV lithography market includes global industry analysis for 2014–2021 and opportunity assessment for 2022–2029. The report details EUV lithography market demand by end use across three different regions, Americas, EMEA, and Asia Pacific.

The research report also offers global consumer electronics demand trend, impact of wide-scale 5G technology and IoT adoption, wafer production trends, installed base of EUV lithography systems as well as market demand patterns across the mentioned regions.

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Global EUV Lithography Market by CategoryBy End Use :

  • Integrated Device Manufacturer (IDM)
  • Foundry
  • Memory

By Region :

  • Americas
  • EMEA
  • Asia Pacific