Laboratory Balances and Scales Market to Benefit from Rapid Technological Advancements During the Forecast Period 2018–2028

Laboratory Balances and Scales: Introduction

The use of balances and scales can be dated back to the period of Ancient Egypt. Then, the laboratory balances and scales in use were simplistic and their applications were limited. Today, laboratory balances and scales are much more complicated and have a multitude of applications and uses. Laboratory balances and scales find applications ranging from weighing of materials and chemicals in labs and research centers to weighing of packaged materials for shipping purposes. An understanding of the difference between weight and mass parameters of a body is required to fully understand how laboratory balances and scales operate. The process of measuring and determining these parameters using laboratory balances and scales is referred to as weighing, even though weight and mass are two different entities. Some laboratory balances and scales measure mass, which is a constant amount of matter possessed by a body. However, other laboratory balances and scales measure weight, which is the heaviness of a specimen. Manufacturers are offering laboratory balances and scales that possess the ability to measure both, weight and mass of a specimen.

Laboratory Balances and Scales: Market Drivers

The advancements in the instrumentation engineering arena are expected to drive the growth of the global laboratory balances and scales market. Availability of efficient and specialized laboratory balances and scales is also expected to boost the growth of the global market. The high presence of suppliers offering durable and high accuracy balances and scales is also expected to facilitate the growth of the global market. Governments and companies are making heavy investments in the chemical and biochemical research arenas, which is expected to be the primary driver for the global market. High adoption of laboratory balances and scales for chemical thermodynamics research is expected to provide a steady boost to the market during the forecast period. Growing utilization of specialized laboratory balances and scales in nanotechnology, aerospace, automotive, biomedical and biochemical, pharmaceutical and geological industries will push the market to register steady growth during the forecast period. Advancements in chemical, oil and gas and coal industries are expected to have a positive impact on the global laboratory balances and scales market.

Laboratory Balances and Scales: Market Segmentation

With regards to the specialization, the global laboratory balances and scales market can be segmented into: Analytical Balances,Platform Scales,Equal Arm Balances,Top-loading Balances,Spring Balances,Triple-beam Balances,Torsion Balances. Analytical balances offer extreme weight sensitivity and accurate mass measurements. These features are expected to enable the analytical balances market segment to hold the largest market share in the global market by the end of the forecast period. 

Laboratory Balances and Scales: Regional Market Outlook

The companies in APAC economies are making huge investments in the field of laboratory instrumentation and this factor is anticipated to enable the Asia Pacific balances and scales market to grow significantly during the forecast period. The high presence of vendors marketing their laboratory balances and scales in North America is the primary driver of the laboratory balances and scales market in the region. Presently, the North American laboratory balances and scales market holds the largest share of the global laboratory balances and scales market. The high diffusion of oil and gas research laboratories in the Middle East is also expected to boost the laboratory balances and scales market in the region. The laboratory balances and scales market in Latin America is also estimated to register a significant growth rate during the forecast period owing to the increasing adoption of laboratory balances and scales for experimental research purposes.

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Laboratory Balances and Scales: Key Market Players

Some of the major players operating in the laboratory balances and scales market are A&D Company, Limited; Adam Equipment Inc; Alliance Scale; Gram Precision; intelligent Weighing Technology; METTLER TOLEDO; OHAUS; PCE Instruments; Precisa Gravimetrics AG; and RADWAG Balances and Scales, among others.

Tool Holders Market Prophesied to Grow at a Faster Pace of US$ 1,604.5 Mn by 2028

Tool holders are devices which act as an interchangeable interface between a cutting tool and machine tool spindle in such a way that the efficiency of either element does not get diminished. Tool holders provide a secured way of mounting tools on machines. Furthermore, the global market for Tool Holders is expected to witness significant growth in 2018. The market will reach a value of US$ 971.6 Mn while growing at a Y-o-Y growth rate of 4.3% as compared to 2017. Furthermore, the global demand for Tool Holders will also be influenced by growing automotive production and construction activities over the next few years.

The emergence of new manufacturing centres in the region is one of the key drivers for the market. The demand growth in the region is being led by the robust increase in manufacturing and industrial output in countries, such as India and China. China, especially, is expected to register robust growth, driven by country’s rapidly expanding manufacturing base and increasing investments in high-performance cutting tools.

European machine tool builders’ investment strategies abroad vary from strategic alliances and joint ventures to acquisition of foreign companies and opening of production facilities in third-world countries. Increasing investments by global car manufacturers in emerging countries, such as India, China and Brazil, and large publicly funded energy and infrastructure projects in these countries make them attractive to European machine tool builders.

Growing R&D activities by leading manufacturers of tool holders are estimated to create several growth opportunities in the tool holders market in the coming future. Furthermore, owing to the fact that automation indirectly impacts the manufacturing market, developments in advanced tool holders are expected to surge in the coming decade.

Based on taper type, the BT flange taper segment is expected to remain dominant in terms of market value share and will account for a share of around 30% by the end of 2028 in the global tool holders market. However, the HSK segment is expected to be the most attractive segment and is also expected to grow at a healthy pace during the forecast period in the global tool holders market.

Based on tool holders type, the collect chuck segment is expected to remain the dominant segment in the global tool holders market and will account for more than 32% of the revenue by 2028 end. Moreover, the hydraulic tool holders segment is projected to witness higher CAGR growth during the forecast period. On the other hand, automotive and general machining & fabrication segments are estimated to collectively account for around 47% value share in the global tool holders market by the end of 2018 owing to growing manufacturing centres and hubs across Asia Pacific region.

In 2017, North America was the most attractive region in the global tool holders market and accounted for nearly 24% share in the global tool holders market. Furthermore, China, followed by SEA and other APAC, is estimated to register substantial growth in the global tool holders market during the forecast period.

Sandvik AB, Kennametal, Guhring, Inc, CERATIZIT S.A., KYOCERA UNIMERCO, Kemmler Präzisionswerkzeuge GmbH, Haimer GmbH, Collis Toolholder Corp., Ingersoll Cutting Tool Company, T.M. Smith Tool, F L Tool Holders, BIG KAISER among others are some of the key players involved in the manufacturing of tool holders in the global market.

In terms of market value, the global Tool Holders market is expected to register 5.1% CAGR and create absolute $ opportunity worth US$ 632.9 Mn during the forecast period. China is projected to remain one of the most prominent market, expanding at a CAGR of 7.0 % over the forecast period.

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Global Albumin Analyzers Market to Exhibit Significant Opportunity Assessment During the Forecast Period 2018–2028

Albumin Analyzers Market: Introduction

Albumin analyzers are laboratory instruments that are adopted for detecting and testing albumins. The test of albumins carried out with albumin analyzers` enables the end user to analyze kidney damage, and further assists in protecting against the same. The continuous implementation of advanced technologies has led to the introduction of fast and portable albumin analyzers in the market. Owing to this, numerous types of albumin analyzers are now available in the market. 

The albumin analyzers market has witnessed considerable traction in the past four years in developed countries such as the U.S. and the U.K., in terms of value. In addition to this, the albumin analyzers market is expected to exhibit a moderate single-digit growth rate during the forecast period. Out of all the types, automated portable albumin analyzers are expected to exhibit the highest growth rate in the global albumin analyzers market, due to the ease associated with their functionality, and the small form factor associated with them.

Albumin Analyzers Market: Dynamics

The increasing incidences of kidney diseases and increasing awareness about the ill-effects associated with the same are increasing the demand for solutions that enable their testing and detection. As a result, this is expected to be the primary driving factor for the global albumin analyzers market. In addition to this, increasing automation in developed and various developing countries, such as the U.S., the U.K., Germany, China, Japan, and India, is also boosting the adoption of automated electronic and digital measurement instruments and equipment, which, as a result, is impelling the adoption rate of albumin analyzers in the market. Furthermore, the establishment of technologically advanced laboratories, pharmaceutical labs, and clinical institutes are also assisting the growth of various advanced measurement devices, such as albumin analyzers, market. The primary intention of expanding their product portfolio by launching new albumin analyzers is one of the recent trends being witnessed amongst albumin analyzer manufacturers in the market. However, in contrary to the above situation, lack of awareness amongst end users and the absence of resources across various under-developed and developing countries for the implementation of albumin analyzers has been witnessed to be the primary restraining factor for the global albumin analyzers market.

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Albumin Analyzers Market: Segmentation

On the basis of analyzer type, the albumin analyzers market has been segmented as:

  • Benchtop
  • Automated
  • Discrete

On the basis of end use, the albumin analyzers market has been segmented as:

  • Healthcare
  • Pharmaceutical
  • Biotechnology
  • Research Institutes

Albumin Analyzers Market: Key Players

Some of the key players in the albumin analyzers market are HemoCue AB, Beckman Coulter, Inc., Radiometer Medical ApS, EKF, Cellmic, LLC, Henry Schein, Inc., and various others.

Various albumin analyzer manufacturers are focusing on expanding their sales and strengthening their position in the global market by partnering with various end customers, distributors, and resellers, globally.

Regional Analysis:

  • North America market (U.S; Canada)
  • Latin America market (Mexico, Brazil, Rest of Latin America
  • Western Europe market (Germany, France, U.K., Spain, Italy, Nordic, Benelux, Rest of Western Europe)
  • Eastern Europe market (Poland, Russia, Rest of Eastern Europe)
  • SEA and other Asia Pacific countries market (India, Indonesia, Oceania, Singapore, Philippines, Malaysia, Thailand, Rest of SEA and other Asia Pacific countries)
  • Japan market
  • China market
  • Middle East and Africa market (GCC Countries, Turkey, North Africa, South Africa, Rest of MEA)

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The report covers exhaustive analysis on:

  • Global Albumin Analyzers market segments
  • Global market dynamics
  • Historical actual market size, 2013-2017
  • Global market size & forecast 2018-2028
  • Supply & demand value chain for market
  • Global market current trends/issues/challenges
  • Competition & companies involved in the market
  • Technology
  • Value chain in Albumin Analyzers
  • Global market drivers and restraints

Christmas Tree Valves Market Detailed Analytical Overview by 2027

Increasing number of oil & gas operations and the growing demand for oil & gas from numerous industries are collectively surging the demand for Christmas Tree Valves. These valves witness high demand from both onshore as well as offshore applications in the oil & gas industry. The global demand for Christmas Tree Valves is predominantly driven by the increase in remote drilling operations, and offshore exploration, drilling and production operations. The global Christmas Tree Valves market is expected to register substantial growth in 2018 with a value of US$ 2,560.5 Mn.

With recovery in crude oil prices post the crisis in 2017, the oil & gas industry has once again been gaining momentum. This has been creating opportunities for equipment and components, such as Christmas Tree Valves, that find application in the oil & gas sector. The installation of a Christmas Tree Valve depends upon the oil & gas and the operating conditions.

Increasing investments in alternative or renewable sources of energy such as solar and wind energy are expected to negatively impact the oil & gas industry and subsequently, the adoption of Christmas Tree Valves, specifically in developed regions such as the European Union. The establishment of new manufacturing units and distribution centres for Christmas Tree Valves, coupled with increasing investments in Thailand, India, Indonesia, Malaysia, Argentina, Brazil and Nigeria, is expected to provide impetus to the growth of the market in the coming years.

On the basis of the type of Christmas Tree Valve, automatic valves are expected to account for nearly an 80.5% market share in terms of value by the end of the forecast period. Among the different applications of Christmas Tree Valves, the onshore oil and gas industry is expected to hold a substantial share and account for US$ 3,316.2 Mn by the end of 2027. The demand for Christmas Tree Valves in onshore application is anticipated to witness rapid growth in China and emerging countries from APEC.

As of 2018, North America is a lucrative market for Christmas Tree Valves and the region is expected to account for over a 39% market share by 2027. In addition, advancements in valve technology, material selection and remote oil and gas operations are expected to drive the demand for Christmas Tree Valves in North America, APEC and China.

The increasing demand for Christmas Tree Valves is expected to create opportunities for manufacturers to gain new orders in the coming years. With the aim of business expansion and enhancing sales, players in the market are seeking strategic collaborations with regional suppliers and distributors. Some of the noteworthy players identified in the Christmas Tree Valves market are Schlumberger Limited, TechnipFMC Plc, Aker Solutions, Dril-Quip, Inc., General Electric (Baker Hughes), Worldwide Oilfield Machine, Stream-Flo Industries Ltd, National Oilwell Varco, Kingsa Industries and The Weir Group PLC. Players in the Christmas Tree Valves market face intense competition, specifically from the numerous regional players operating around the globe.

The global Christmas Tree Valves market is expected to register a value CAGR of 3.7% during the forecast period. It is estimated to create an absolute $ opportunity worth US$ 996.2 Mn between 2018 and 2027. Among all regions, China, APEC and North America are expected to witness high adoption of Christmas Tree Valves with CAGRs of 4.3%, 4.1% and 3.7% respectively during the forecast period. Countries such as Thailand, India, Argentina and Indonesia are expected to further drive sales over the assessment period.

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Sales of Vortexers Market to Increase from Top End-use Industries During the Forecast Period 2018–2028

Vortexers Market: Introduction

As a response to the complexities associated with the application and adoption of finger vortex, such as inefficiency, inadequate processing and high time consumption, vortexers or electronic vortex mixers were introduced in the market. Vortexers are electronic laboratory equipments which are widely used across bioscience, biochemical and analytical laboratories to mix variable contents of vials of liquid. After its inception, limited adoption of vortexers was witnessed due to the relatively high cost associated with it. However, with the progression of time, increasing demand for the same has been witnessed in the market. Declining prices, increasing awareness about the features of the product and increasing competition amongst vortexer vendors are some of the factors further expected to boost the demand for vortexers in the global market.

Vortexers Market: Dynamics

Increasing demand for automated electronic laboratory components and equipment across technologically-advanced laboratories of developed countries, such as the U.S. and the U.K., has led to increased adoption of vortexers in these regions. This, as a result, has driven the overall market, in terms of value, and has contributed to increasing awareness about the same in the global market. Besides this, increasing establishment of various biochemical and bioscience laboratories across the globe has been the primary driving factor for the growth of the vortexers market. However, lack of awareness and resources for the implementation and application of vortexers in laboratories of under developed and developing countries are restraining the global market. That apart, high cost of vortexers across these regions due to lack of availability is another important factor challenging the growth of the market.

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Vortexers Market: Segmentation

On the basis of operating mode, the vortexers market has been segmented as:

  • Continuous
  • Touch
  • Hybrid

Of all the aforementioned segments, the hybrid segment is expected to exhibit highest growth rate during the forecast period in the global vortexers market.

On the basis of tube capacity, the vortexers market has been segmented as:

  • 0 ml – 25 ml
  • 25 ml – 50 ml
  • Above 50 ml

On the basis of application, the vortexers market has been segmented as:

  • Immunochemical Reactions
  • Enzyme and Protein Analysis
  • Microarray Analysis
  • Others

On the basis of vertical, the vortexers market has been segmented as:

  • Healthcare
  • Chemical
  • Pharmaceuticals
  • Academics
  • Others

Chemicals and Pharmaceuticals segments, in conjunction, are expected to dominate the market, throughout the forecast period, in terms of value, owing to their maximum applications across respective verticals.

Vortexers Market: Key Participants

Some of the key players operating in the vortexers market are Corning Incorporated, Thermo Fischer Scientific, Eppendorf AG, Fisherbrand, Heathrow Scientific, Heidolph Instruments GmbH & CO. KG, IKA, OHAUS, Troemner and various others.

Various vortexers manufacturers are focusing on expanding their sales and strengthening their position in the global Vortexers market by partnering with various channel partners with the intention of boosting the indirect sales of their products in the market. For instance, Thermo Fischer has partnered with distributors and suppliers, such as VWR and Cole-Parmer.

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 excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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The report covers exhaustive analysis on:

  • Global market segments
  • Global market dynamics
  • Historical actual market size, 2013-2017
  • Global market size & forecast 2018-2028
  • Supply & demand value chain for market
  • Global market current trends/issues/challenges
  • Competition & companies involved in market
  • Technology
  • Value Chain
  • Global market drivers and restraints

Fiber Laser Market to Hold a High Potential of 9.8% CAGR for Growth by 2027

A fiber laser is a type of industrial laser, typically solid-state laser, where the active medium is an RE (Rhenium) doped optical fiber developed by the optical pumping of diode lasers. These fibers are called active fibers and are comparable in diameter to a human hair. The laser emission is created within optical fibers and delivered through a flexible optical fiber cable. In addition, fiber lasers free end-users from fine mechanical adjustments and the high maintenance costs that are typical for conventional lasers. Attributing to their design and components, fiber lasers are more compact, reliable, efficient, robust and easier to operate than conventional lasers.

Manufacturers are focusing on enhancing their production capabilities. That apart, high demand is being witnessed from aerospace and automotive industries, which has been fuelling the growth of the fiber laser market. As a result of these factors, the global market for fiber laser is expected to witness significant growth in 2018 and reach a market value of US$ 2,215.1 Mn while registering a Y-o-Y growth rate of 8.4% as compared to 2017. Furthermore, the global demand for fiber laser is also expected to be influenced by industrial developments and rising urbanisation in various regions. Moreover, price reduction and technical advancements in fiber laser equipment have also led to their application in 3D printers for material deposition, primarily for the aerospace industry.

Recovery in global manufacturing value added is pulling in significant capital investments across the fiber laser market. With the general growth rate of various industrial sectors, such as aerospace and automotive, hovering at a number higher than the overall global economic growth number, new manufacturing capacity additions at a macro level are expected to come up in the coming years. This, in turn, is expected to support the growth of the fiber laser market across the globe.

  • On the basis of laser type, CW (continuous wave) type fiber laser is expected to hold a substantial share of the global fiber laser market. This is can be attributed to the fact that CW fiber laser emits one constant beam, which facilitates its application in metalworking. CW (continuous wave) fiber laser is designed to work with reflective metals
  • High power fiber laser, ranging from more than 2,000 W, is expected to observe 8.3% growth in the coming years. Supply of fiber laser to the end-use industries in Asia, and specifically in China, hastened a price war that boosted fiber laser sales volumes and reduced supplier profit margins

China is estimated to account for nearly 34.4% of the global fiber laser market in 2018. Furthermore, being at the forefront of the fiber laser market, China has launched various strategies in an attempt to boost manufacturing activities in the country; subsequently, benefiting the manufacturers of fiber laser. However, the global fiber laser market is expected to face certain challenges. Political uncertainty in Europe and the Middle East & Africa is expected to slow down the consumption of fiber lasers. Moreover, the lower rate of installation and lack of consumer awareness about fiber laser are the other important factors that will impede the growth of the fiber laser market.

Additionally, the fiber laser market has been experiencing a decline in average selling prices, which has been eroding gross margins and harming the operating results of players. The introduction of new products and technologies, intensifying competition and price pressures from customers are among the other challenges faced by manufacturers.

IPG Photonics Corporation, TRUMPF GmbH + Co. KG, Maxphotonics Co., Ltd., Coherent Inc., Newport Corporation, Wuhan Raycus Fiber Laser Technologies Co., Ltd., Lumentum Operations LLC, Fanuc Corporation, Furukawa Electric Co., Ltd., Keopsys S.A., Fujikura Ltd., and nLIGHT, Inc. are some of the key players involved in the global fiber laser market.

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Long-Term Outlook: In terms of market value, the global fiber laser market is anticipated to expand at a 10.0% CAGR and create significant opportunities for value chain participants during the forecast period. Further, the India fiber laser market is set to observe a robust growth rate due to rapid industrialization in the country, which in turn will trigger the demand for specialized industrial lasers such as fiber lasers.

Rheometers Market to Witness an Outstanding Growth of US$ 398.5 Mn During 2018 – 2027

Future Market Insights (FMI) recently published a report titled “Rheometers Market – Global Industry Analysis 2013-2017 and Market Forecast 2018-2027.” Rheometers are the precision instruments that measure and study the flow of materials, mainly soft solids and fluids. Furthemore, rheometers are also widely used in various industries for determination of flow behaviour, separation & sedimentation behaviour, these are very crucial tests which determine the performance of paints & other fluids.  

The global rheometers market is expected to grow at a CAGR of 3.5% during the forecast period. The rheometers market was valued at US$ 282.5 Mn in 2017, and is projected to grow significantly to reach US$ 398.5 Mn by 2027 due to high usage of rheometers in conducting various pivotal tests, increase in expenditure on Research & Development , high adoption of rheometers in various industries such as paints and coatings, food, petrochemical and others.

Market Segmentation: Capillary Rheometers market to gain traction owing to its ease of operation at high shear rates and fast processing time

In this report, FMI has segmented the global rheometers market on the basis of product type, sales channel, end-use industry and region. By product type, the market is segmented into capillary rheometers, oscillatory rheometers, rotational rheometers and accessories. The capillary rheometers sub-segment is expected to capture significant market share of the global rheometers market due to the growing demand for capillary rheometers to measure the shear viscosity and elasticity of viscous materials at high shear rates

High Adoption of Rheometers due to need for crucial rheological measurements while evaluating the quality of the fluids

High demand for rheometers in paints and coating, petrochemicals is one of the most important factors boosting the growth of the market during forecast period. Various raw materials such as binders, solvents, pigments, additives which are used from production to end use application in paints & coatings should be mixed properly and remain stable during pumping processes and storage. Rheological measurements for paints and coatings are vital for evaluating its quality. Moreover, the growing demand for rheometers in other industries such as petrochemicals, food & beverages for the control of the pumping and flow behaviour during production is also creating potential growth opportunities for the rheometers market.

Based on the end-use industry, the rheometers market is sub-segmented into pharmaceutical, paints & coating, food & beverages, petrochemicals, cosmetics, polymers and others. In terms of value, the paints & coating sub-segment is expected to capture the largest market share as well as grow at a relatively higher CAGR during the forecast period in the global rheometers market.

North America Leading the Global Rheometers Market Owing to the High Demand from Petrochemicals Sector

On the basis of geography, the rheometers market is sub-segmented into North America, Latin America, Europe, Japan, APEJ (Asia Pacific Excluding Japan) and Middle East & Africa. The rheometers market in North America is expected to dominate the global market owing to the high expenditure on research & development. Europe is also expected to capture a substantial market share of the global rheometers market owing to stringent regulations in the region to meet the required quality of the fluids in various industries such as petrochemicals, paints & coatings. APEJ is expected to grow at a relatively higher CAGR during the forecast period in the global rheometers market due to the presence of various key players in the region as well as a large number of research laboratories.

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Competitive Landscape: Strengthening of distribution network and increasing localized equipment manufacturing are effective strategies adopted by leading manufacturers

As per FMI analysis, leading players in the rheometers market are TA Instruments; Thermo Fisher Scientific, Inc.; Antor Paar GmbH; Shimadzu and AMETEK, Inc which account for a market share of more than 60% of the global rheometers market.

Leading players in Rheometer market are strengthening their distribution network to expand their presence in untapped regions along with strategic acquisitions. These manufacturers are also constantly improving their portfolio to offer equipments with better testing capabilities.

Some of the other market participants in the global rheometers market report include Malvern Panalytical Ltd.; A&D Company; Instron; Goettfert; Fann Instruments; Freeman Technology and Brabender GmbH.

Industrial Agitators Market Poised to Expand at a Robust Pace of 7.8% CAGR Over 2017 – 2025

Future Market Insights (FMI) has recently published a report titled ‘Industrial Agitators Market – Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027.’ Industrial agitators are simple instruments used for the mixing of two types of liquids together. However, with time, industrial agitators are being used in more applications and for performing different functions such as keeping the homogeneous liquid bulk during storage, increasing the heat transfer and promoting the reaction between chemicals. Industrial agitators work on the basic principle where the rotation of the impeller is used for the blending of the liquids.

The global industrial agitators market is expected to grow at a CAGR of 7.8% during the forecast period. The industrial agitators market was valued at US$ 2293.4 Mn in 2018, and is projected to grow significantly to reach US$ 4487.6 Mn by 2027 due to the flexibility provided by industrial agitators to work in multiple industries and the increasing number of small and medium manufacturers across the world, which receive funding from venture capitalists as well as help from the governments of their countries of operation.

In this report, FMI has segmented the global industrial agitators market by type, by model, by end user and by region. By type, the industrial agitators market is sub-segmented into top entry industrial agitators, side-entry industrial agitators and bottom-entry industrial agitators. The top-entry industrial agitators sub-segment of the global industrial agitators market is projected to register a 69.0% market share at the end of 2018. In addition, in terms of volume, the top-entry industrial agitators sub-segment is also expected to register a CAGR of 7.8% during the forecast period.

Based on model, the industrial agitators market is sub-segmented into large-tank agitators, drum agitators, portable agitators and tote agitators. Due to the increasing demand from the paints & coatings industry as well as the inks & pigments industry, the tote industrial agitators sub-segment is expected to register a CAGR of 8.7% during the forecast period. In the recent years, industrial agitators have been gaining traction in the developing countries as there is an increase in the number of chemical industries where the industrial agitators find applications. It has been observed that an increase in the number of laboratories and research institutions is also driving the industrial agitators market due to an increase in the number of industrial agitators at research laboratories of the food, pulp & paper and similar other industries in the recent times. Due to these factors, the tote industrial agitators sub-segment is projected to create potential growth opportunities for the manufacturers of industrial agitators.

Based on end user, the global industrial agitators market is segmented into chemical, pharmaceutical, food & beverages, paper & pulp, waste & wastewater treatment, and oil, gas & petrochemical. In terms of value, the chemicals sub-segment is projected to register a CAGR of 8.8% during the forecast period, and, in terms of volume, the paper and pulp sub-segment is expected to register a CAGR of 8.5% during the forecast period. In addition, advancements in technology have resulted in an increase in the demand for application-specific customised industrial agitators, which is among the key factors expected to boost the market during the forecast period. Owing to these factors, the chemicals sub-segment of the global industrial agitators market is projected to register a 22.3% market share at the end of 2018.

In addition, the report covers the trends that drive all the segments and offers insights & analysis about the growth potential of the industrial agitators market in various regions, which include Europe (Germany, Italy, France, Spain, U.K. & the rest of Europe), Latin America (Brazil, Mexico & the rest of Latin America), APEJ (China, India, Malaysia, Australia, Singapore & the rest of APEJ), North America (U.S. & Canada), MEA (GCC Countries, Israel, South Africa & the rest of MEA) and Japan. The revenue contribution of APEJ is estimated to increase at a CAGR of 8.4% over the forecast period due to consistent innovations as well as an increase in the number of research activities at laboratories, which is fuelling the adoption of industrial agitators in this region.

According to FMI analysis, strategies such as product innovations, improvements in durability and others are estimated to boost the revenue, due to which the vendors of industrial agitators are likely to be able to reach new growth markets. Xylem Inc. is one of the prominent vendors in the industrial agitators market. The company offers industrial agitators for different end-users such as chemicals, pulp and papers etc. As per FMI analysis, Xylem Inc. plans to upgrade its existing products to enhance its customer base by providing an improved user experience. Some of the key players featured in the global industrial agitators market report include Xylem Inc., Silverson Machines Ltd., Dynamix Agitators Inc., EKATO HOLDING GmbH, Philadelphia Mixing Solutions, Ltd., Tacmina Corporation, SPX FLOW, Inc., Sulzer Ltd, Statiflo International Ltd., MIXEL Agitators, Mixer Direct Inc., Alfa Laval AB.

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Industrial Transceivers Market to Witness a Healthy Growth of 6.7% CAGR during 2018 – 2027

Recently, Future Market Insights (FMI) published a market report titled ‘Industrial Transceiver Market – Global Industry Analysis 2013-2018 and Opportunity Assessment 2019-2027.’ Industrial transceivers are most commonly used in the telecommunication, data management & data processing, and industrial automation sectors. The transmitting component as well as the receiving component are integrated into a single housing and are made to share the same circuitry. The resultant component is known as a transceiver. Ethernet, telephony and radio transceivers are some of the common industrial transceiver designs available in the market.

Most of the established industrial transceiver solution providers in the market are offering specialised industrial transceivers for different applications, such as smart grid, lighting, renewable energy, electric vehicles and motor control & drives, among other applications.

The global industrial transceiver market is projected to register at a CAGR of 6.7% during the forecast period. The global industrial transceiver market is estimated to be valued at US$ 2,234.0 Mn by the end of the forecast year 2020, and is expected to continue growing steadily to reach a market value of US$ 3,518.0 Mn by the end of the forecast period. This growth in the global industrial transceiver market can be attributed to an increase in the number of smart city projects and an ever-rising demand for low-power industrial automation.

In the industrial transceiver market report, FMI has segmented the global industrial transceiver market by application, by technology and by region. By application, the industrial transceiver market is segmented into smart grid, renewable energy, power management, electric vehicles, motor control & drives, lighting, telecommunication & data processing and automation. The low assessment and power consumption expenses related to the industrial transceiver technology are motivating industries to procure industrial transceivers. Owing to these factors, the power management applications of industrial transceivers are expected to record the highest growth rate of 8.1% during the forecast period of 2019 to 2027.

On the basis of technology, the industrial transceiver market is segmented into wavelength division multiplexing technology, multi-mode industrial transceivers and single-mode industrial transceivers. Multiple mode-transmissions are supported by the multi-mode industrial transceiver technology and feature a larger core as compared to single-mode and wavelength division multiplexing technologies. This factor is encouraging industries to accelerate the procurement of multi-mode industrial transceiver technology.

With respect to the geographical markets, the presence of a large number of providers of industrial transceiver solutions in the North America region is estimated to enable the North America industrial transceiver market to register a prominent market share by the end of the forecast period. The market in Europe is expected to hold the second largest share of the global industrial transceiver market by the end of the forecast year 2027. The industrial transceiver market in the Latin America region is expected to record the highest CAGR of 9.3% during the forecast period. The widespread deployment of industrial automation-enabling equipment in the telecommunication and data management sectors is expected to drive the Latin America industrial transceiver market in the coming years.

According to FMI analysis, long-term business contracts and partnerships are estimated to enable the manufacturers and suppliers of industrial transceivers to increase their sales and revenue generation. These business partnerships are also estimated to facilitate the development of new products and technology innovation strategies. The addition of electronic components, which are developed with a focus on customisation requirements, to the product portfolios of companies in the industrial transceiver market will enable them to generate demand for their products and boost their customer base. Texas Instruments Incorporated and Infineon Technologies AG are expected to hold a prominent market share of the global industrial transceiver market during the forecast period. Some market leaders and participants profiled in the global industrial transceiver market report are Fujitsu Optical Components Limited; ZTE Corporation; Huawei Technologies Co., Ltd.; Cisco Systems; Finisar Corporation; AMS Technologies; Analog Devices, Inc.; MaxLinear; Nordic Semiconductor; Renesas Electronics Corporation; Maxim Integrated; Microsemi; STMicroelectronics; Texas Instruments Incorporated and Infineon Technologies AG.

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Safflower Oil Market to Witness Robust Expansion throughout the Forecast 2018 – 2027

Future Market Insights (FMI) delivers key insights on the global safflower oil market in its forthcoming outlook titled, Safflower Oil Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027‘. In this report, FMI offers insights on the dynamics of the safflower oil market, such as its medicinal value, demand for high oleic and linoleic oils amongst the health conscious consumers, and other factors such as changing agricultural landscape, and the way these dynamics have influenced the safflower oil market to project a CAGR of 5.1% over the forecast period.

The renowned link between oil and obesity is deemed more important than ever for the safflower oil market, which is a major driver for the demand for safflower oil across various end use sectors. Consumers, especially in regions such as North America, Europe, and Japan, are well aware of the nutritional profile of safflower oil, which boasts of a high linoleic acid content (low bad cholesterol and high good cholesterol). Hence, these consumers are increasingly including safflower oil in their daily diets. These are the same consumers who demand organic and healthy products, compelling many key manufacturers in the safflower oil market to switch raw material procurement from conventional to organic. This has paved the way for the greater availability of organic safflower oil in the market.

The appearance of high oleic and linoleic oil ingredients on packaged snack food labels and consumers’ high regard for these ingredients has also obliged manufacturers to include safflower oil in their products. Hence, the nutrient profile alone is a highly favourable factor driving the growth of the safflower oil market. The area under safflower cultivation is declining in major producing countries such as India, due to the growth in competition in the Indian market. Consequently, the production of safflower oil has also declined. However, with safflower oil being a traditional culinary agent, some Indian farmers continue to grow it, resisting the competition and positioning safflower oil as a unique alternative to traditional edible oils. It is the medicinal value of safflower that is bracing the hopes of these farmers. This is also reflected through the product offerings of some of the key Indian manufacturers who are strategizing on health product positioning in the safflower oil market. Moreover, over the past few years, organic safflower oil product offerings have been on the rise by India-based producers, which highlights the importance of safflower oil’s perceived health benefits by consumers.

Increasing urbanization in developing regions has led to a severe decline in the agricultural acreage. Since safflower is grown and safflower oil is processed in large quantities in these regions, this factor is impacting the safflower oil market in a major way. This factor is further burdened with low safflower oil yield, all of which are making the cultivation of safflower particularly difficult.

The report lays major emphasis on the market trends and restraints impacting each segment, and offers analysis and acumens of the potential of the safflower oil market in terms of value and volume, and average pricing analysis in various regions. APEJ is expected to register high growth rates between 2018 and 2027, while it is expected to be an important region in the safflower oil market, closely followed by North America through to 2027. Significant growth can be expected in the regions such as Western Europe, with a projected CAGR of 5.2%.

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The report also includes details of some of the manufacturers operating in the safflower oil market. The overview of the company, along with their strategies and key product offerings are the central component of the detailed company profiled in the safflower oil market report. Some of the key safflower oil players include Marico Limited, Gustav Heess Oleochemische Erzeugnisse GmbH, SunOpta, Connoils LLC, Oilseeds International, Ltd., Adams Group Inc., Centra Foods, Henry Lamotte OILS GmbH, Spectrum Organics Products, LLC, Moksha Lifestyle Products, Victor & Summat General Trading, Aryan International, Austrade Inc., Altınyağ Combine, Inc., and Stoney Creek Oil Products Pty Ltd, amongst others.