Unresectable Hepatocellular Carcinoma Market Revenue Growth Predicted by 2030

Unresectable Hepatocellular Carcinoma Market Overview

This Unresectable Hepatocellular Carcinoma market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Unresectable Hepatocellular Carcinoma market.

Cancer is most common disease which has higher mortality rate. Hepatocellular Carcinoma (HCC) is an aggressive tumor disorder which occurs in patients associated with chronic liver disease and cirrhosis.  In unresectable hepatocellular carcinoma, surgical and liver-directed non-surgical treatment is not appropriate. However, systemic therapy using various methods can be used in patients suffering from unresectable hepatocellular carcinoma. Based on a study in the U.S. for every 100,000 people, there are six new cases of HCC and incidence has increased over last four decades.

Unresectable Hepatocellular Carcinoma Market: Drivers and Restraints

High incidence rate of liver carcinoma is expected to drive the unresectable hepatocellular carcinoma market. Unmet market demand for new treatment options is expected to drive the unresectable hepatocellular carcinoma market. Increasing research funding by industry players is expected to fuel the growth of table hepatocellular carcinoma market. However, the diagnosis in general population is very less and poor efficacy of current therapeutic agents may hinder the growth of unresectable hepatocellular carcinoma market.

Unresectable Hepatocellular Carcinoma Market: Regional Overview

The global unresectable hepatocellular carcinoma market is expected to be dominated by North America due to high treatment adoption rate. Europe is expected to be the second most lucrative region in the global unresectable hepatocellular carcinoma market owing to higher healthcare expenditure. Latin America is emerging region for unresectable hepatocellular carcinoma market and is estimated to show high growth owing to increasing early diagnosis of disease. East Asia and South Asia unresectable hepatocellular carcinoma market are expected to show significant growth due to improving healthcare infrastructure. Middle East and Africa is expected to be the least lucrative due to low awareness and poor economic conditions.

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Unresectable Hepatocellular Carcinoma Market: Key Players

Examples of some of the market participants in unresectable hepatocellular carcinoma market identified across the value chain include Eisai Co., Ltd, Bayer AG, Bristol- Myers Squibb Company, Sumitomo Dainippon Pharma Co., Ltd, Glaxosmithkline Plc, Exelixis, Inc, Eli Lilly and Company, Merck & Co., Inc., Incyte Corp, Novartis AG, F. Hoffmann-La Roche Ltd, Astrazeneca Plc, Pfizer Inc, Celgene Corporation, Sanofi S.A., and Others.

The research report on unresectable hepatocellular carcinoma market 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 on unresectable hepatocellular carcinoma market provides analysis and information according to market segments such as geographies, application, and end user.

The report covers exhaust analysis on Unresectable Hepatocellular Carcinoma Market:

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

Report on Unresectable Hepatocellular Carcinoma Market includes regional analysis:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina)
  • Europe (Germany, Italy, France, U.K, Spain, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, ASEAN)
  • Oceania (Australia, New Zealand)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

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

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About 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, the global financial capital, and has delivery centers in the 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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Rocking Bioreactors Market to Grow at Robust CAGR by 2030

Rocking Bioreactors Market Overview

A bioreactor is a device in which a biological reaction using culture is carried on. This bioprocess using bioreactor helps in the growth of cells or tissues. This process can be carried on aerobically or anaerobically. The concept of rocking bioreactor was first introduced in 1990. Rocking Bioreactors were used as an alternative to stirred tank bioreactor which provides proper gases exchange and growth of organisms as the process involves rocking bed surface. Xuri Cell Expansion System is first designed rocking bioreactor. As Rocking bioreactors is completely depended on digital technology, rocking bioreactors have been widely used by pharmaceutical and biotechnological industries for designing vaccines, monoclonal antibodies and various recombinant protein.

Rocking bioreactors market: Drivers and Restraints

Increasing prevalence of chronic diseases along with rising demand of rocking bioreactors for designing personalized vaccines are the primary factor driving the growth of rocking bioreactor market. Also, rising number of FDA approved orphan drugs manufacturing has increased the demand of rocking bioreactor in the forecast years. Additionally, the availability of favorable reimbursement scenario in developed economies will also propel the growth of rocking bioreactors market.  Also, rise in funding by the government for drug development using advanced technology will also drive the growth of rocking bioreactor market.  Moreover, the rocking bioreactors using hybrid technology has been widely used for waste water management which will also expand the market for rocking bioreactors. Various contract manufacturing organizations have been.  On the other hand, scale down is one of the major drawback of rocking bioreactor which can hamper the growth of rocking bioreactor. Also, the limited storage capacity in the reactors and may deter the growth of Rocking bioreactors market in under developing economies.

Rocking bioreactors market: Overview

Among all capacity of rocking bioreactors, the 155l will hold the highest revenue share as the bioreactor will hold the maximum culture capacity and is highly adopted by the biopharmaceutical industries. Amon, the molecule type, monoclonal antibodies will capture the highest revenue share. Monoclonal antibodies gain over USD 270.0 million in 2018 and is expected to gather more in the coming years. Also, the monoclonal antibodies have been widely used in the treatment of breast cancers, rheumatoid arthritis, psoriasis, leukemia etc. Among all end user, the biopharmaceutical industries segment is anticipated to grow at a significant rate over the forecast period due to increased funding by the government for drug development and increasing FDA approval will also help to drive rocking bioreactor the market growth.

Rocking Bioreactor Market: Impact of COVID 19

COVID-19 which, originated in the city of Wuhan, Mainland China, has spread aggressively to evolve into a global pandemic involving more than 170 countries. This pandemic has affected lives across the economic, social and political sphere. Rocking bioreactor aids in vaccine development, which is the primary focus of biopharmaceutical industries and researchers alike at the moment, as this infection has no available cure. A breakthrough at this moment can benefit the stock prices of pharmaceutical industries including rocking bioreactor market growth.

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Rocking bioreactors market: Key Players

Examples of some of the market participants in rocking bioreactors market identified across the value chain include GE Healthcare, Sartorius AG, Thermo Fisher Scientific, Merck KGaA, Eppendorf AG, Danaher Corporation, Bioforce, Fermentec and others.

The research report on Rocking bioreactors market 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 on Rocking bioreactors market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on Rocking bioreactors market:

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

Report on Rocking bioreactors market includes regional analysis:

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

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

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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, the global financial capital, and has delivery centers in the 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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Cosmid DNA Isolation Market:Technological Growth Map over Time

Cosmid DNA Isolation Market Overview

The Cosmid DNA isolation is a simple process of purification of DNA from samples employing a mixture of physical and chemical methods. Scientists isolate cosmid DNA for various applications in the field of genetic engineering, molecular diagnostics, life science research and for other various diagnostic purposes. Many cosmid DNA isolation kits have developed by global players which are fast and easy to use for various analysis such as food, microorganism and other purposes. Further, the isolated cosmid DNA can be used in various techniques such as PCR and electrophoresis which increases the demand for cosmid DNA isolation.

Cosmid DNA Isolation Market: Drivers and Restraints

Increasing prevalence of cancer, infectious diseases, and others provide high usage value to the cosmid DNA isolation market. Besides, advancement in automation technologies for being easy to use, accurate and fast have also led to increase the cosmid DNA isolation market. In addition, growing number of prenatal testing, fingerprinting has also lead to increase in the application of isolation of cosmid DNA at a considerable rate in hospitals and diagnostic centers.  This has led to increase the growth of cosmid DNA isolation market. Also, continuous technological advancement in agriculture science and introduction of multiple traits in GM crops through genetic engineering is expected to spur the growth of cosmid DNA isolation market.

However, high-cost of automated instruments is expected to hinder the growth of cosmid DNA isolation market. Further, increasing number of market consolidation is expected to restraint the growth of cosmid DNA isolation market.

Cosmid DNA Isolation Market: Overview

Cosmid DNA isolation market is segmented into product, methods, application, and end user. Among all product, kits segment will generate maximum revenue in cosmid DNA isolation market due to low cost and used in various applications such as gene-sequencing, gene cloning and molecular diagnostics. Further, on the basis methods, magnetic bead -based isolation is anticipated to increase the growth of cosmid DNA isolation market. This method is widely used and adopted because it is cost-effective, simple, easy to handle and can be automated. In addition, the Bio-On -Magnetic-Beads is a new source for magnetic bead-based methods that supports diverse range of cosmid DNA experiments. On the basis application, diagnostic segment is expected to increase the growth of cosmid DNA isolation market due to increasing genomic sequencing in the diagnosis of diseases. Among all end user, the Hospitals and diagnostic centers segment is anticipated to grow at a significant rate over the forecast period due to rise in the number of cosmid DNA based therapeutics for accurate and early diagnosis.

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Cosmid DNA Isolation Market: Key Players  

Examples of some of the market participants in Cosmid DNA Isolation market identified across the value chain include Thermo Fisher Scientific, Agilent Technologies, Takara Bio, Bio-Rad Laboratories, Danaher Corporation, Promega Corporation, Merck KGaA, Illumina and others. The research report on Cosmid DNA Isolation market 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 on Cosmid DNA Isolation market provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on Cosmid DNA Isolation market:

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

Report on Cosmid DNA Isolation market includes regional analysis:

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

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

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About 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, the global financial capital, and has delivery centers in the 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:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
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Advance Wound Care Market is projected to generate a revenue of US$ 15.4 Billion by the end of 2031

According to a recent study by Future Market Insights (FMI), the advance wound care market is expected to grow from US$ 10.7 Bn in 2021 to US$ 15.4 Bn by 2031. The market is poised to expand at a CAGR of 3.7%over the forecast period (2021-2031).

Rising prevalence of chronic wounds has created a significant socioeconomic impact. The treatment of chronic wounds requires advance wound care therapies and generally takes long time to heal. The prevalence of diabetic ulcers is rising by 9% annually.

Growing patient pool for diabetic foot ulcer is increasing as compared to the available advance wound care management technologies. Currently, there are more than 4.5 million pressure ulcer patients in the world that require treatment.

More than 9.7 million venous ulcer patients and roughly 10.0 million diabetic ulcer patients require treatment across the world. Annually, over 5 million chronic leg ulcer cases occur in Brazil, while approximately 2.7 million chronic leg ulcer cases occur in Mexico.

Hence, with rising need for advance wound care products for the treatment of various chronic disorders, adoption within hospitals and ambulatory surgical centers is expected to increase. Thereby, bolstering market growth.

Number of pressure and venous ulcer patients has grown from approx. 7% in developed countries, such as the U.S., Germany, and the U.K., which is further expected to drive the growth of the market for advance wound care products.

Focus on collaboration with surgeons for better wound management, improvement and streamlining of regulatory processes and inter and intra-departmental collaboration between surgeons and their support staff for wound management plays a key role in ensuring better wound management and promotes the growth of the advance wound care market.

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Key Takeaways from Advance Wound Care Market Study

  • By product, wound cleansers segment is likely to grow at a CAGR of 4.6% in the projected period, occupying a market share around 30% by 2031.
  • By distribution channel, the institutional sales are projected to capture over 70.2% market share of the global advance wound care market by 2031.
  • North America is the largest revenue-generating region for the global advance wound care market, with the U.S. accounting for nearly 90% market share in 2031.
  • China is expected to spearhead the growth in East Asia advance wound care market and is poised to expand at an impressive pace of 7.0% CAGR over the decade.
  • East Asia is the third most lucrative market, acquiring a market share of more than 15%, for the advance wound care market.

Who is Winning?

Some of the leading manufacturers of advance wound care market are focusing on product launch and expansion strategies for global expansion objectives, thereby, enhancing their market presence.

  • In June 2021, Mölnlycke started a new surgical glove factory in Malaysia to increase its production capacity. The new surgical glove reduces the risk of allergic contact dermatitis for surgeons and nurses.
  • In Feb 2021, Coloplast A/S launched Biatain® Fiber portfolio to contribute positively to the market’s growth in France and Germany. Technology is an absorbent gelling fiber, for highly exuding wounds, sloughy wounds and cavity wounds including undermining and facilitates autolytic debridement and desloughing which promotes the wound healing process.
  • In June 2021, Ethicon Inc. launched the ENSEAL X1 Curved Jaw Tissue Sealer, a new advance after-surgery wound healer. It’s a   Bipolar energy device increases procedural efficiency and provides stronger sealing of wound.

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About 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, the global financial capital, and has delivery centers in the 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:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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Vacuum Blood Collection Devices Market are forecast to reach US$ 4.2 Billion by the end of 2031

According to a recent study by Future Market Insights (FMI), the global vacuum blood collection devices market is expected to witness high growth during the forecast period. The market is expected to grow from US$ 2.2 Bn in 2020 to over US$ 2.3 Bn through 2021. It also is expected to register cumulative CAGR of around 6.3% over the forecast period (2021-2031).

Vacuum blood collection devices are closed tubes for blood collection and thus reduces the direct exposure of blood to the environment thus lowering risk of contamination. These tubes have improved sampling by allowing sample collection through single venipuncture. Ease in the process of blood collection, processing and the lowering risk of contamination to the patients are the major factor driving the market growth.

Global burden of chronic diseases such as, cardiovascular disorders, cancer, and diabetes has increased at a rapid pace. High prevalence of these diseases has enforced adherence to the regular health checkups and growing importance of markers for early diagnosis via blood tests.

As blood tests are primary mode of diagnosis for these diseases, the rise in number of chronic diseases will positively drive the demand for vacuum blood collection devices, augmenting the market growth.

Rising advancements in the field of biotechnology have enabled the establishment of several non-invasive approaches for disease diagnosis. Amongst other favorable diagnostic tools, liquid biopsy has emerged as a promising and versatile non-invasive cancer diagnostic tool. Liquid biopsy analysis based on circulating cell-free nucleic acids, circulating tumor cells or other diseased cells from organs, and exosomes or other micro vesicles in blood offer new means for non-invasive diagnostic applications.

With growing number of stabilizing reagents and dedicated vacuum blood collection tubes available in the market, it has become possible to perform the post-collection preservation of circulating cell-free DNA (cfDNA) profiles in whole blood.

This has certainly increased the demand for non-invasive diagnostic procedures. Such advancements are expected to provide lucrative growth opportunities for the vacuum blood collection devices market.

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Key Takeaways from Vacuum Blood Collection Devices Study

  • By product, serum separator tubes will account for the largest share of 23.2% in 2021, and is expected to remain dominant throughout the forecast period.
  • Based on material, plastic/PET material will hold mammoth’s share of 84.5% in 2021
  • In terms of application, routine chemistry is expected to account for the largest share of 34.2% in 2021 of vacuum blood collection devices market and is expected to continue to grow at the same trend during the forecast period.
  • Diagnostic laboratories are expected to be the primary end-user of vacuum blood collection devices, holding total market share of 46.6% in 2021
  • The U.S. is expected to emerge as the most lucrative market across North America, capturing 87.3% of market share.
  • India will lead the growth of South Asia’s vacuum blood collection devices market, contributing for over 74.6% of sales through 2031

Who is Winning?

Some of the leading manufacturers of vacuum blood collection devices market are focusing on product launch collaboration and partnership strategies for global expansion objectives, thereby, enhancing their market presence.

  • In February 2021, Greiner Bio-one introduced Vaccuate FC Mix Tube that provides effective glycolysis inhibition for precise determination of the in vivo blood sugar content.
  • In November 2020, Intervactechonlogy OU introduced new packaging system for its blood collection devices set. This packaging sets are available for pack of 1, 2, and 5 tube pack.
  • In June 2018, Poly Medicure acquired Plan 1 Health S.R.L., one of the prominent medical device player operating in Italy. This acquisition will help company to expand its geographical reach as well as enhance its portfolio in the medical device industry region. Further, as per agreement, Plan 1 Health S.R. L. will now operate as a subsidiary of Poly Medicure B.V, and indirect subsidiary of Poly Medicure Limited.
  • In December 2017, Becton, Dickinson, and Company (BD) acquired C.R. Bard, Inc. As per the agreement, followed by acquisition C.R. Bard will operate as a wholly owned subsidiary of BD. Further, this acquisition, enabled company to expand their foot print I the global Life science, and medical devices segment.

The key market players covered by FMI include Becton, Dickinson, & Company, Greiner Bio-One GmbH, Guangzhou Improve Medical Instruments Co.,Ltd, AB Medical, Inc., SARSTEDT AG & Co. KG, Cardinal Health, Poly Medicure Ltd, FL Medical , InterVac Technology, CHENGDU RICH SCIENCE INDUSTRY CO., LTD., Zhejiang Gongdong Medical Technology Co., Ltd., Aptaca Spa., Hindustan syringes & Medical Devices.

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About 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, the global financial capital, and has delivery centers in the 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:
Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
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United Arab Emirates
MARKET ACCESS DMCC Initiative
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Global Oil and Gas Terminal Automation Market to Be Valued at US$ 850 Mn by 2016 End

According to a recent market report titled “Oil and Gas Terminal Automation Market: Global Industry Analysis and Opportunity Assessment, 2016-2026” published by Future Market Insights, revenue from the global oil and gas terminal automation market is estimated to be valued at US$ 850 Mn in 2016. It is projected to exhibit 7.1% value CAGR during 2016-2026, and is forecast to be valued at US$ 1,693 Mn by 2026 end. The market is expected to witness nearly 2X growth between 2016 and 2026.

Growing need for liquefied natural gas, coupled with surplus oil and gas production in certain regions of the globe including North America has resulted in increasing focus on development of storage terminals across the globe. Accordingly, increase in investment towards development of oil and gas terminals is likely to be witnessed during forecast period. This, along with the existing demand-supply scenario is expected to boost revenue growth of the global oil and gas terminal automation market in the next 10 years. Growing emphasis on adoption of Wireless technology and Internet of Things (IoT) based terminal automation systems is anticipated to be witnessed during forecast period.

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Growing concerns pertaining to cyber security and safety coupled with relatively higher initial capital investment associated with building a completely automated oil and gas terminal are likely to serve as impediments to growth of the global oil and gas terminal automation market between 2016 and 2026.

oil and gas terminal automation market_Image for preview analysis

Segmentation highlights

Global oil and gas terminal automation market has been categorically divided into key market segments based on category and regions. On the basis of category, the market has been segmented into software, hardware, and services segments. These in turn are divided into key sub-segments.

  • The Software category segment is projected to dominate the global oil and gas terminal automation market during the forecast period, accounting for a market share of nearly 38% in terms of value by the end of 2026. On the other hand, the hardware segment is estimated to witness 7.0% CAGR during forecast period to account for a market share of 33.7% in the overall oil and gas terminal automation market by 2026 end. Within the hardware segment, the HMI segment is likely to witness fast growth during 2016 –-2026.

Key Segments

On the basis of categories, the global oil and gas terminal automation market is segmented into:

Hardware

  • ATG
  • Blending Controllers
  • SCADA
  • PLC
  • DCS
  • HMI
  • Safety; Security & Others

Software

  • Terminal & Inventory Management
  • Business System Integration
  • Transaction Management
  • Reporting
  • Others

Services

  • Commissioning
  • Consulting Services
  • Project Management
  • Operations Services
  • Training Services

Regional projections

The North America and Asia Pacific excluding Japan (APEJ) markets are anticipated to emerge the dominant regional markets in the global oil and gas terminal automation market throughout the assessed period. Asia Pacific is estimated to project 8.8% CAGR in the forecast period, 2016–2026. The oil and gas terminal automation market in countries in Eastern Europe is also likely to witness steady growth in the next 10 years.

Vendor insights

The global oil and gas terminal automation market is dominated by a few top market companies such as Honeywell International Inc., Emerson Electric Co., ABB Group, Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, FMC Technologies, Inc., and Schneider Electric SE. Certain key market companies are increasingly focussing on acquiring smaller players with specialised offerings – for instance, wireless technology based advanced systems – to better cater to the steadily growing global market demands so as to gain an edge over competition.

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Global Barcode Printers Market Projected to Register a CAGR of 7.4% Between 2016 and 2026 Primarily Driven by Factors Affecting End Use

According to a recent market report published by Future Market Insights titled, “Barcode Printers Market – Global Industry Analysis & Opportunity Assessment, 2016-2026,” revenue generated from sales of barcode printers globally is estimated to be valued at US$ 2,758.0 Mn and pegged at 3,086.8 ‘000 units by 2016 end. It is expected to increase at a CAGR of 7.4% over the forecast period (2016–2026), to be valued at US$ 5,656.1 Mn by 2026 end. In terms of volume, the global barcode printers market is projected to be pegged at 5,384.3 ‘000 units by 2026 end, expanding at a CAGR of 5.7% over the forecast period.

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Barcode printer is defined as an electronic device designed specifically for printing of barcodes. The working principle and built of a barcode printer is slightly different from computer printers as it uses ribbons and labels working in tandem to get a barcode printed. Barcode printers usually don’t have programmable logic controllers on their own, but rely on an external computer system.

Growth in the manufacturing sector is reviving after the 2008 economic crisis. Automation and streamlining of manufacturing processes are being adopted by a large number of manufacturing companies worldwide to reduce time and material wastage, thereby improving efficiency and output. Barcoding is one such technique that is increasingly being adopted. This process has reduced production time considerably in the manufacturing process, thereby driving demand for barcode printers.

Barcodes have become the de facto standard for product information storing and labelling. Retailers worldwide use barcodes for hassle-free recording of supplies and commodities and their sale to customers. Barcodes imprinted on labels are stuck to the products and they record information about the product count, date of manufacture, date supplied to the retailer, selling price, etc.

When these products are scanned, the information is retrieved and monitored. This entire process, which is achieved within a matter of seconds, not only increases efficiency but also minimizes errors. This has helped retailers record their products and inventory on shop floors and warehouses.

However, threat of RFID tags as substitutes to barcode labels and low compatibility of barcode printers with different operating systems act as restraints in the global barcode printers market.

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Segmentation highlights

The market is categorically divided into six segments based on printer type, printing technology, consumables, application, distribution channel, and region. The printer type segment of the barcode printers market includes Desktop Barcode Printer, Industrial Barcode Printer, Mobile Barcode Printer and Others.

On the basis of printing technology, the market has been divided into Thermal Transfer, Direct Thermal, Dot Matrix, Laser and Ink Jet. On the basis of Distribution Channel, the market is segmented as Direct-to-End User, Direct-to-OEM, Dealer/Distributor and Systems Integrator. On the basis of application, the market has been divided into industrial/manufacturing, transportation/logistics, retail, healthcare, government and commercial services.

  • The Industrial Barcode Printer segment holds the highest market share of 46.1% closely followed by Desktop Barcode Printer in the Barcode Printers Market. The Industrial Barcode Printer segment is also expected to dominate in the forecast period with a CAGR of 8.3% due to a preference of sturdy and rugged barcode printers with higher productivity.
  • Thermal Transfer segment holds the highest market share amongst all with 62.8% and is expected to improve further in the forecast period owing to very less cost involved, while Dot Matrix, Laser and Ink Jet printing technologies are least preferred technologies and are on the verge of being phased out.
  • Dealer/Distributor is the most preferred supply channel and is expected to dominate in the future due to higher distribution efficiency, low supply costs and faster delivery times.

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Regional projections

North America and Western Europe are the most promising regions for the growth of the market owing to higher preference of barcoding technology in different applications, while the market in the Latin America region is on a slow and stagnant growth due to low adoption of barcoding technology. The growth of the Barcode Printers market in APEJ region may also grow at a slower pace due to saturation and slow down of manufacturing sector in China.

Vendor insights

Major players identified in the Barcode Printers market are Zebra Technologies Corporation, Avery Dennison Corporation, Oki Electric Industry Co., Ltd., Toshiba TEC Corporation, and Honeywell International, Inc. committing a combined market share of over 50%. Other major players are SATO Holdings Corporation, Printronix, Inc. and TSC Auto Id Technology Co., Ltd. supplying to various end use industries and sectors.

Shunt Reactor Market Evolves as End-users Turn to Renewables amidst COVID-19 Crisis

The growth of global shunt reactor market is linearly associated with energy demand worldwide, states a new study by Future Market Insights (FMI). Consumption of primary energy stood globally at 576 exajoules in 2019, with China, the US, and India leading the way. Alerted by increasing carbon footprint, the industrial sector is rapidly investing in renewables, which made up for around 40% of worldwide growth in primary energy in 2019, finds the study.

The FMI report further opines that market players must innovate shunt reactors to meet the needs for power quality and voltage stability with grid integration of renewable energy sources.

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Shunt Reactor Market Size Study

Air-core dry type shunt reactors to witness greater traction through 2030
Adoption of variable shunt reactors (VSR) to accelerate in near future
High demand for shunt reactors to come from industrial sector over following decade
Single phase shunt reactors to gain momentum
Market players to turn to Asia Pacific excluding Japan (APEJ) for potential growth avenues
“The networks for distributing and transmitting electrical energy is confronting new demands owing to changes in load structure and power generation. Both environmental and commercial drivers are contributing to this demand, so does power quality. As complexity of these systems is scaling up, adoption of shunt reactors is surging as they are reliable and cost-effective solution,” says analyst at FMI.

COVID-19 Impact on Shunt Reactor Market

The global demand for shunt reactors has been severely affected as over half of the global population is following stay-at-home orders, resulting in steep collapse in electricity consumption.

The International Energy Agency (IEA) reveals that consumption generally dropped by up till 20% for every month nationwide lockdowns continued. Usage in China – the first country to enact lockdown – fell by 6.5% during Q1 2020.

Countries such as India, the US, France, and the UK witnessed demand fall by at least 15% during lockdowns, while electricity demand in Italy – during peak of COVID-19 outbreak – fell down by about 75% at times.

Although residential demand has scaled by up till 40% as customers are working from home, the upsurge is nowhere close to reversing the impacts of shutting down businesses, particularly in service sector.

Realizing depressed electricity demand, priority access to grids, and low operating expenses, several countries are turning to renewables. In the US, natural gas continues to lead the pack, followed by renewable, having outshone the contribution of coal-based power generation projects.

Share of renewables in India continue to rise in power mix, and the gap between coal and renewables has narrowed down during lockdown timeframe. In China, renewables are maintaining greater share in power mix after relaxation of lockdown measures. These trends will create fertile breeding for shunt reactor manufacturers in coming years.

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Key Segments Covered

Product

Air-core dry Type
Oil Immersed
Phase

Single Phase
Three Phase
Rating

Fixed Shunt Reactor
Variable Shunt Reactor
Application

Residential
Industrial
Region

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East & Africa (MEA)
Shunt Reactor Market – Competitive Intelligence

The global shunt reactor market is highly competitive, as leading players are striving to capture value at stake. Manufacturers are focusing on designing innovative solutions to serve diverse applications. For instance,

Trench Group develops air-core shunt reactors that stretch from small kVAr units for use cases including, limiting capacitor bank inrush, to large power reactors for myriads of use case including, shunt reactors that are over 100 MVAr per coil.
Zaporozhtransformator PJSC is developing magnetically controlled shunt reactors (MCSR) in order to implement flexible AC transmission systems (FACTS) projects.
Siemens AG has developed 100 MVAr variable shunt reactor for HOPS to address the challenges of excess reactive power regulation and high transmission voltages.
To Know More About Shunt Reactor Market:

A new market research report published by Future Market Insights (FMI) on the global shunt reactor market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the shunt reactor market through five different segments – product, phase, rating, application and region. The shunt reactor market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of shunt reactor and product adoption across several end-use industries

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Global Solar Micro Inverters Market to Reach US$ 488.2 Mn in 2016; Falling Prices and Rising Small Scale PV Installations to Drive Demand

[220 Pages report] The global solar micro inverter market is expected to reach US$ 488.2 Mn by 2016 end and expand at a 16.6% CAGR over the forecast period (2016-2026).Solar Micro Inverter is a DC to AC inverter used with photovoltaic installations. Unlike conventional string/central inverters, a micro inverter works on Module Level Power Electronics i.e. power conversion takes place at individual module level. This mitigates the negative effect of module mismatch and improves the overall efficiency of the system. Micro inverters also enable module level monitoring, easier installation, enhanced design flexibility and better safety than conventional inverters

 

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Increasing preference towards more efficient systems is fuelling the demand for micro inverters. Along with this, rapidly falling prices of micro inverters is also assisting the product to gain significant penetration in the global solar micro inverter market.

The demand for solar micro inverters is expected to witness a significant upsurge on account of increase in the number of photovoltaic (PV) installations and the need to improve overall system efficiency and safety. In 2016, the global solar micro inverters market is anticipated to register a y-o-y growth of 11.4% over 2015, and reach US$ 488.2 Mn in terms of market value. The escalating demand for solar micro inverters will continue to penetrate the market for module-level power electronics, owing to falling prices and upcoming products.

The higher adoption of photovoltaic installations is a key factor driving the growth of the global solar micro inverters market. Moreover, rising preference for fully integrated PV modules or AC Modules, is anticipated to fuel the demand for solar micro inverters. The U.S. National Electric Code (NEC) also favours the usage of micro inverter technology and is driving the demand for micro inverters in the North American market. However, the use of power optimisers as an alternative to micro inverters can restrain the growth of the global solar micro inverter market.

On the basis of system type, the global market for solar micro inverters is expected to be dominated by Stand Alone system sales, followed by micro inverter systems sold for developing AC Modules, named as integrated systems. In 2015, the stand alone solar micro inverter systems procured global market share of 96.7%, and are expected to attain estimated revenues of US$ 471 Mn by 2016-end.

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By end-user type, the residential segment of the global market will continue dominance over the commercial segment by attaining a market share of 76.2% in 2016. Among residential end-users, changing consumer preference for more efficient and safe inverter alternative will prompt the replacement of conventional inverters with solar micro inverters. Dropping prices and rising commercial scale PV installations will incite extensive growth in the demand for solar micro inverters among the commercial segment as well.

Due to the varying use of micro inverters across the world, global players are concentrating on regions where awareness about using renewable energy resources is higher. Robust adoption of PV storage systems in the U.S. will continue to fuel demand for solar micro inverters in North America, and the region is expected to attain market value of US$ 282.2 Mn in 2016. Moreover, Asia Pacific excluding Japan (APEJ) is expected to be a lucrative region for the growth of the global market. The growing trade of inexpensive inverters in China and India will boost the demand for solar micro inverters in APEJ region. The key players contributing to the growth of the global solar micro inverters market include, SMA, Darfon Electronics, ABB, APSytems, Chilicon Power, iEnergy, Enphase, NEP, SunPower, and Sparq Systems among others.

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Long-term Outlook: The global solar micro inverters market is expected to expand at a CAGR of 16.6% during the forecast period 2016-2026. Over the forecast period, North America and APEJ will continue to be the most profitable regions for the growth of the global market for solar micro inverters.

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Vapour Recovery Units Market expected to register a decent CAGR of more than 5% during the forecast period of 2019-2029 : FMI

[230 Pages Report] Vapour Recovery Units Market was valued at US$ 878 Bn in 2018 and is expected to register a decent CAGR of more than 5% during the forecast period of 2019-2029. Vapor recovery units based on the adsorption principle will continue to shape the market landscape in the coming years. While considering cost and operational efficiency, adsorption-based VRUs are a universal choice among end-users. Moreover, these vapor recovery units would near revenue worth around US$ 1 Bn towards the end of the projection period. However, VRUs based on membrane separation technology are likely to witness greater demand growth owing to their straightforward installation and usage.

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Vapour recovery units arrest vapour escaping from storage tanks, and help reduce VOC emissions by nearly 90%. Growing government restrictions and new regulations on the levels of VOC emissions are anticipated to elevate the sales of vapour recovery units across the world. These units also play a major role in reducing loss of crude oil through storage tanks in upstream and downstream operations.

As a result, notable growth in crude oil storage tanks across the globe is projected to fuel the sales of vapour recovery units over the coming years. According to a recent research report published by Future Market Insights, the vapour recovery unit market was valued at US$ 878 Bn in 2018, and expected to register a decent CAGR of more than 5% during the forecast period of 2019-2029.

“North America and Europe are anticipated to retain their prominent shares in the market throughout the forecast years, due to their established markets for upstream and downstream applications. However, APEJ and MEA are anticipated to provide lucrative growth opportunities on the back of development of the oil & gas sector in these regions.”

Key Takeaways of Vapour Recovery Unit Market Study

  • Growing production and consumption of oil has resulted in a rise in the number of oil exploration units and refineries across the globe. Increment in storage batteries and tanks, in turn, is anticipated to propel the demand for vapour recovery units during the foreseen period.
  • Price volatility of crude oil and increasing loss of oil due to vapour escape from storage vents will to fuel the requirement for vapour recovery units. These units restrict crude oil wastage due to vapour loss; hence, their utilization is anticipated to increase in upstream as well as downstream applications in the coming years.
  • Environmental regulations regarding VOC emissions have become stricter across the European Union and North America. Increasing greenhouse emissions and commitment of various organizations towards sustainable development are anticipated to further motivate end users to ensure strict adherence to guidelines and regulations. The use of vapour recovery units helps these manufacturers meet these standards of emissions.
  • North America and Western Europe are anticipated to hold substantial share in the market. The prominence of potential VRU manufacturers in these regions will spur market growth.

Vapour Recovery Unit Market: Competitive Landscape

The vapour recovery unit market is highly fragmented, with the presence of numerous players across the globe. Different players in the market have substantial sales footprint in specific regions. These players include John Zink Company LLC, Zeeco Inc., and Gardner Denver Holdings Inc. Key players are adopting market strategies such as sales channel development, business partnerships with prominent players, as well as development of more advanced and efficient products that can meet emission standards.

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VAPOUR RECOVERY UNITS MARKET TAXONOMY

The global vapour recovery units market is segmented in detail to cover every aspect of the market, and present complete market intelligence to readers.

Technology

  • Membrane Separation
  • Adsorption
  • Condensation
  • Absorption

Application

  • Marine Loading
  • Truck Loading
  • Railcar Loading
  • Pipelines
  • Storage Tank Vents

Process

  • Upstream
  • Downstream

End Use

  • Oil & Gas Compressors
  • Landfills
  • Brewery and Food Processing
  • Others

Region

  • APAC
  • Americas
  • Europe
  • MEA

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Know More About Vapour Recovery Unit Market Report

The research report provides analysis of sales by total volume (Units) and value (US$ Mn), with the market being bifurcated according to technology, application, process, and end use, across four regions. The report also includes global competition analysis with the sales footprints of key players, regional competition landscape, and competition dashboard, and provides a competition analysis section that includes market footprint analysis, structure analysis, competition development, competition dashboard, and other crucial information about global and regional players in the vapour recovery unit market.

Future Market Insights also includes forecast factors such as GDP forecast, oil and gas industry upstream production, downstream production, as well as developments and technology advancements by market participants.