Compound Semiconductor Materials Market will grow at 7.2% CAGR through 2030

Compound semiconductor materials are critical building blocks for next-gen electrification technologies, and are slated to be at the core of nearly every prominent industrial sector of the 21st century. Recent analysis by Future Market Insights (FMI) reveals that global compound semiconductor material market will grow at 7.2% CAGR through 2030.

Think tanks in various regions are striving to develop new materials and device technologies to keep pace with rapidly emerging gallium nitride (GaN) power device industry.

The semiconductor manufacturing space has been progressing considerably over the past decade, owing to advancements in nanotechnology. At present, nanoparticles are utilized in doping process to develop semiconductor sensors accenting substantially high scales of accuracy.

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Compound Semiconductor Materials Market

  • Market to grow at 7.2% CAGR over 2020-2030
  • Adoption of silicon carbide (SiC) based compound semiconductor materials to surge in coming years
  • LED epitaxial wafers and lasers to remain key application areas
  • Presence of well-established technology space to drive markets in North America and Europe

COVID-19 Impact on Compound Semiconductor Materials Market

As the COVID-19 pandemic rages across continents, market players are swiftly changing their manufacturing practices and focusing on priorities to fulfil the demand of pandemic that has capped the need for market-centric semiconductor materials.

Export-reliant regions are already at the wrong end of the COVID-19 curve, amid uncertainties in global economy. While various manufacturers of compound semiconductor materials are either shutting down or reducing their production due to inadequate downstream demand, some have suspended their production units as a preventive measure by the governments of respective countries to battle the COVID-19 contagion.

  • Samsung Electronics shut down its operations in South Korea in March 2020, and for about 45 days in India from March through April 2020.
  • Qorvo reduced its manufacturing for Q1 of 2020 and anticipates the revenue to dip as the COVID-19 pandemic is affecting smartphone production and consumer demand more than expected.

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 “Nanotechnology is broadly used in production of compound semiconductor materials with significantly huge surface area to volume ratio, leading to materials with greater surface area depending aspects, which are leveraged for manufacturing electronic devices. In addition, the technology is commonplace in manufacturing of semiconductor devices for smartphones and automotive industry,” says analyst at FMI.

Compound Semiconductor Materials Market – Competitive Intelligence

The global compound semiconductor materials market is highly fragmented, given presence of tech-driven players emphasizing on product differentiation. Majority of players are zeroing in on capacity expansions and product launches in order to cater to rising demand, for instance,

  • With silicon carbide (SiC) wafers running short in supply, Cree is striving to boost its capability by almost 30X by 2024 and to allocate huge investments for its GaN business.
  • OSRAM has rolled out novel OSRAM 24V TEC Flex pipeline that provides consistent illumination for wide array of outdoor and indoor use cases.
  • Sumitomo Electric Device Innovations Inc. (SEDI) has procured MOCVD system from Aixtron in a bid to stretch its production capability of GaN-on-SiC radio frequency (RF) equipment for wireless use cases such as satellite communication, radars, and base stations for swiftly growing 5G networks.

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To Know More About Compound Semiconductor Materials Market:

A new market research report published by Future Market Insights (FMI) on the global compound semiconductor materials market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the compound semiconductor materials market through three different segments – material type, application and region. The compound semiconductor materials 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 compound semiconductor materials and product adoption across several end-use industries.

Curling Irons Market to grow at above 5% CAGR between 2020 and 2030

The curling iron market is driven by consumer interest for achieving salon-like hairstyle at home. The launch of economical versions curling irons has been stoking their sales in the last couple of years. In its recent study, Future Market Insights (FMI) offers exclusive insights into the market, covering factors enabling its expansion.

The report also highlights potential threats and examines strategic moves adopted by the market players to gain competitive advantage. The report forecasts the curling iron market to rise at above 5% CAGR between 2020 and 2030. The market will significantly gain from the rising willingness among consumers to spend on ongoing fashion trends.

Social media influencers had a big role to play in spurring sales of curling irons. Videos on how to achieve celebrity or salon-like hairstyling at home and tools required to achieve them have been trending in social media ever since the YouTube revolution.

Among various hairstyling tools, curling iron brands too are riding the wave, which unfortunately was hindered by the unprecedented COVID-19 outbreak. Sluggish sales of curling irons are reported around the world as retails stores remain shuttered amid lockdown orders.

Consumers in pandemic hit nations have been showing inclination to stay at home. Even with government easing lockdown orders, people are likely to adopt work from home as an integral part of the new normal. The lack of reasons to step out as consumers continue avoiding public gatherings and social events to contain the spread of the novel coronavirus has been adversely affecting the curling irons market.

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A significantly large number of consumers are unlikely to spend on styling tools and focus primarily on essential commodities, which might hamper sales. Nonetheless, once the pandemic passes the market is expected to set on the path of recovery since consumers are unlikely to eliminate their fashion preferences any time soon.

FMI’s report offers a comprehensive overview on the curling irons market. Some of the key takeaways from the report are:

  • Portable and travel-friendly curling irons are expected to be appealing to consumers
  • To attract consumers, some of the leading brands have been launching curling irons with features such as anti-oxidant and vitamin coatings
  • Focus on innovation will increasing with time as companies look for methods of outsmarting competition. Companies primarily intend to offer multiple attributes. For instance, Revlon’s Nutrifusion line has curling irons infused with moringa and macadamia extracts to offer hair conditioning
  • Commercial applications of curling irons are expected to account for the primary share of revenue generated in the market. Demand witnessed in the household sector is forecast to rise considerably in the coming years

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Competition in the global curling irons market is expected to get fiercer in the coming years. The launch of advanced products will spoil consumers with choices, while their preferences are already expected to evolve and get more dynamic. Aiding competitive trends will be the entry of several smaller brands.

Investing in innovations will therefore remain a key strategic move among companies operating in the market. Besides this, FMI projects ample focus on branding and promotional activities. These companies are expected to collaborate with social media influences to leverage their online presence.

According to FMI, some of the leading companies operating in the market are Koninklijke Philips N.V., Conair Corporation, Helen of Troy, Curlingiron.org., Spectrum Brands, Inc., Lunata Beauty, Dyson, Revlon, Inc., Andis Company, Geloon, among others.

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Get Valuable Insights into Curling Irons Market

Future Market Insights, in its new report, presents an unbiased analysis of the global curling irons market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study reveals persuasive insights into growth witnessed into the market. In terms of product, it bifurcates the market into curling tongs and curling wands. Based on material type, the market is segmented into ceramic, plastic, titanium, steel, iron, and others. In terms of price range the market can be categorized into economy, mid-range, and premium. By type, the market covers corded and cordless. Based on application, the market is segmented into household and residential. Based on sales channel, the market can be segmented into hypermarkets/ supermarkets, convenience stores, discount stores, specialty stores, multi-brand stores, independent small stores, and online retailers. Regionally, the market encompasses North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa.

Embolic Prevention Systems Market Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

Embolic Prevention Systems are used during percutaneous cardiac procedures which helps to reduce the complications due to debris released into the bloodstream and causes blockage in small vessels. Embolic prevention systems are designed to remove debris which is dislodge during procedures. Increasing importance of angioplasty and stenting in the treatment of carotid artery disease will further increased the demand of embolic prevention systems. The number of carotid devices, both for stents and embolic prevention systems has risen steadily in the past few years have increase the use of embolic preventions systems which reduces distal embolization during vascular interventions. Embolic stroke is one of the principle risk of carotid artery stenting and embolic prevention systems reduce the risk through proximal or distal occlusion or filtration. Advancement in the carotid artery stenting continues with the introduction of equipment such as embolic protection systems, and improvement in the stent design will fuel the market growth in the near future.

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Embolic Prevention Systems Market Dynamics

Rising incidence of cardiovascular disease and neurovascular disease, increasing use of embolic prevention systems (EPS) for carotid stenting increase the demand further propel the growth of Embolic Prevention Systems market. Introduction of technological advanced embolic prevention systems and ongoing research on improving embolic prevention systems is expected to propel the demand and drives the growth of the global embolic prevention systems market over the forecast period. Increasing strategic collaborations among major players is one of the factor which drive the growth of the embolic prevention systems market revenue over the forecast period.

Despite many advantage of Embolic Prevention Systems, some factor which restraint the growth of market include high procedural cost, longer procedural time and lack of adoption especially in under developed and developing countries.

Embolic Prevention Systems Market: Overview

With the innovation in the new technology for the peripheral interventions, less invasive treatment creates a huge opportunity for the embolic prevention systems to propel in the near future. Increasing options for endovascular surgeons and interventions continue to expand with the introduction of embolic prevention systems which further spur the market growth for embolic prevention systems over the forecast period. The innovative options offered by endovascular techniques for safe, less invasive, alternatives to carotid endarterectomy provide ample opportunity for the embolic preventions systems market to grow in the forecast period. The developing medical infrastructure and advanced services in developing and under developed nations is expected to drive the demand for the embolic prevention systems market over a long run.

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Embolic Prevention Systems Market: Region-wise Outlook

The North America is expected to dominate and contribute major share in the market for Embolic Prevention Systems, owing to presence of major players and high adoption of new technology. According to CDC, About 610,000 people in the United States die of heart disease every year and coronary heart disease (CHD) is the common heart disease, which kills over 370,000 people annually. Europe accounts for the second largest market share and register healthy growth in the global embolic prevention systems market, due to developed medical infrastructure, favorable reimbursement scenarios and rising research and development in cardiac artery stenting. Asia Pacific is anticipated to show huge potential in the Embolic Prevention Systems market due to increasing adoption of technically advanced devices such as embolic prevention systems, increasing medical tourism and developing medical infrastructure. China is expected to register significant growth in the embolic prevention systems market, due to growing geriatric population who are more prone to cardiac artery disease and rising adoption of technologically advanced devices Latin America and Middle East & Africa are projected to exhibit moderate growth in embolic prevention systems market, due to developing healthcare facilities and growing awareness.

Embolic Prevention Systems Market: Key Players

Some of the key players present in the global embolic prevention systems market are InspireMD Inc., Boston Scientific, W.L. Gore & Associates, Medtronic Plc, and Cardinal health among others.

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Embolic Prevention Systems Market: Segmentation

The global Embolic Prevention Systems Market is segmented on basis of drug type, distribution channel and geography.

Segmentation by Type

  • Distal Occlusion Devices
  • Distal Filters
  • Proximal Occlusion Devices

Segmentation by Material Type

  • Nitinol
  • Polyurethane

Segmentation by Application

  • Cardiovascular Diseases
  • Neurovascular Diseases
  • Peripheral Diseases

Segmentation by End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Clinics

Critical Care Drugs Market Development Status, Competition Analysis, Type and Application 2028

Critical care drugs are the drugs used in an emergency, which helps to treat major injuries and illness. Critical care drugs are generally used in specific care units such as intensive care unit (ICU), coronary care unit (CCU) or any other specific healthcare or trauma centre. Critical care drugs are generally used to treat major complications or they are majorly used during surgeries. There are various life-saving drugs such as adrenaline, calcium gluconate, Sodium bicarbonate etc., which are included in the critical care drugs.

Commonly used critical drugs are opioids, sedatives, benzodiazepines etc. Critical care drugs can be used for various indications such as chest pain, Cardiac arrest, injuries etc. The well-establishing healthcare infrastructure can be an important factor, which can fuel the critical care drugs market.

Critical care drugs play a major and important role in performing surgeries. In the U.S., the rate of surgeries is increasing per year, which is expected to increase the usage of critical care drugs.

Increasing research and developmental activities and the number of clinical trials are being performed by the researchers and can lead to the development of many more new critical care drugs for some specific treatment.

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Critical Care Drugs: Market Dynamics

An increasing prevalence of chronic diseases such as cardiovascular disease, brain disorders etc. is the major factors, driving the critical care drugs market. The increasing number of road accidents, leading to increased cases of injuries, is expected to increase the usage of critical care drugs. This is expected to increase the growth of the critical care drugs market. An increasing number of surgeries can also increase the growth of the critical care drugs market. Other factors such as the presence of a large number of hospitals, changing lifestyle of the people, intake of poor diet, can cause chronic disorders, which can fuel the critical care drugs market.

Side effects of the drugs or allergic reaction caused due to some of the critical care drugs can hinder the growth of critical care drugs market. Unavailability of a few critical care drugs can also hinder the growth of the critical care drugs market.

Critical Care Drugs Market: Overview

The Critical care drugs market has been segmented into opioids, Benzodiazepines, Sedatives, and Anesthetics. Apart from these drugs, there are many other critical care drugs which are used to treat chronic disorders and many complicated injuries. These critical care drugs are life-saving drugs. The critical care drugs are generally used in operation theatres and intensive care unit. Other critical care drugs include Nitroglycerine, Amlodipine, captopril, Succinyl Choline etc. Most commonly used critical care drugs are opioids and are expected to hold a large revenue share in the overall critical care drugs market. Based on the end user, operation theatres and intensive care units are expected to hold a large revenue share in the critical care drugs market.

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Critical Care Drugs Market: Region-wise Outlook

On the basis of geography, the global Critical Care Drugs market has been divided into different regions viz. North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa. North America is expected to hold the largest revenue share in the global Critical Care Drugs market due to the presence of a large number of research and developmental activities and the availability of well-established healthcare infrastructure. Europe is expected to hold the second largest market share in Critical Care Drugs market due to increasing population and the presence of a large number of hospitals. However, Asia-Pacific is expected to register the fastest growth in revenue generation for Critical Care Drugs market due to a large population in countries such as Japan, China and India and also due to increasing healthcare awareness among the people and a large number of surgeries performed per year.

Critical Care Drugs Market: Key Players

Critical Care Drugs market has many key players.  Some of the key manufacturers of the global Critical Care Drugs market are Pfizer Inc., Abbott, Cadila Pharmaceutica, Triveni chemicals, Haffkine Bio-Pharmaceutical Corporation Ltd., Neon Laboratories Limited, Cambrex Corporation and many more.

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Critical Care Drugs Market: Segmentation

The global peri-implantitis market is segmented by drug type and end user:

Segmentation by Drug Type

  • Opoids
  • Morphine
  • Pethidine
  • Naloxone
  • Fentanyl
  • Benzodiazepines
  • Diazepam
  • Midazolam
  • Lorazepum
  • Flumazenil
  • Sedatives
  • Anesthetics
  • Others

Segmentation by End User

  • Intensive care unit (ICU)
  • Coronary Care Unit (CCU)
  • Operation Theatres
  • Trauma Centers

Automotive Oil Strainer Market 2022 Development Status, Competition Analysis, Type and Application 2029

Automotive oils strainer solutions are integrated into automobiles to capture large-sized contaminants. These large-sized contaminants refer to impurities larger than 40 Microns. Automotive oil strainer solutions having a 60 mesh strainer container possess the ability to capture contaminants of sizes exceeding 240 Micron level. 100 mesh automotive oil strainer solutions capture impurities of sizes exceeding 150 Micron level. The automotive oil strainer mesh to Micron correlation can be determined by the total number of square-shaped gaps across a linear inch. Automotive oil strainer modules are less flow restrictive as compared to the automotive oil strainers. Mostly they are employed in the suction pumps.

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Automotive Oil Strainer: Market Dynamics

Automotive oil strainers are more capable of eradicating metal and other waste from the oil which enhances the engine life by saving it from unnecessary damage. Thus, automotive oil strainers prolong engines life as it removes dirt and debris that can affect other engine parts, such as pistons & cylinders. Hence, over the forecast period, the automotive oil strainer market is predicted to foresee an optimistic growth. Further, the automotive oil strainer enables an apt flow of air to the engine, thus, maintaining the air-fuel ratio, which in turn, reduces the emission from the vehicle.

Additionally, various regions including Europe, have imposed stringent regulations on the carbon footprint of each vehicle. Consequently, the aforementioned factors are stipulated to drive the market of automotive oil strainers over the forecast period. Further, installation of automotive oil strainers reduces the chance of spark plug ignition risks that can cause drivability issues coupled with consumer’s inclination towards safe driving to boost the growth of the automotive oil strainers market in coming years.

Furthermore, the prime trend in the automotive industry; emission control by reducing fuel consumption, to propel the market share of the automotive oil strainers in the industry.

Among the vehicle type, the passenger cars segment is estimated to hold a significant share in the automotive oil strainers market owing to the huge fleet size of passenger cars in the industry. However, the heavy commercial vehicle sub-segment is anticipated to witness comparatively high year over year growth as they run for long miles and long hours which need frequent replacement.

Automotive Oil Strainer: Regional Market Outlook

North America and Europe automotive oil strainer markets may continue to dominate the global automotive oil strainer market during the forecast period. Moreover, the emergence of rigorous regulations, especially due to growing awareness about health issues and the environmental impact of air pollutants, is the principal driver for the automotive oil strainer market in both the regions. The China automotive oil strainer market is estimated to be next owing to the swift adoption of advanced automobile auto parts. The automotive oil strainer market in the Middle East & Africa and Latin America are estimated to grow at above-average pace over the projected period.

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Automotive Oil Strainer: Market Key Players

Some of the major participants operating in the global Automotive Oil Strainer market include:

  • Parker Hannifin Corp
  • Delphi Auto Parts
  • DaikyoNishikawa Corporation
  • ELOFIC INDUSTRIES LIMITED
  • Lucas Industries Ltd
  • Champion Laboratories, Inc.
  • Triple R America
  • Anhui Meiruier filter co.,ltd
  • TECNECOFILTRATION
  • ALCO Filters Ltd.
  • VANTECH CO.,LTD.

The Automotive Oil Strainers report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Automotive Oil Strainers market
  • Competition & Companies involved in the Automotive Oil Strainers market
  • Automotive Oil Strainers Technology
  • Value Chain of market

Automotive Oil Strainers regional analysis includes:

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

With respect to the vehicle category, the global Automotive Oil Strainer market can be segmented into the following,

  • Passenger Cars
  • Compact Cars
  • Mid-Sized Cars
  • Luxury
  • SUVs
  • Commercial Vehicles
  • LCVs (Light Commercial Vehicles)
  • HCVs (Heavy Commercial Vehicles)

With respect to the cover type, the global Automotive Oil Strainer market can be segmented into the following,

  • Floating Type Automotive Oil Strainer
  • Fixed Type Automotive Oil Strainer

With respect to the sale channel, the global Automotive Oil Strainer market can be segmented into the following,

  • OEMs
  • Aftermarket

Automotive Oil Strainers Report Highlights:

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

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Automotive License Plate Light Market 2022 | Scope of Current and Future Industry 2029

Automotive license plate lights illuminate the license plate uniformly and substantially. Usually, an automotive license plate comprises a light source, a group of lens, and a lamp body that is installed on the neighboring portion of the license plate which is installed at the rear end of a vehicle. The light source could be either LED or bulb. These automotive license plate lights are impact, chemical & UV resistant, and water proof with a fully sealed body. Automotive license plate lights mostly have clear lenses with white light.

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Automotive License Plate Light: Market Dynamics

The automotive license plate light market year over year growth is almost the mirror image of the automotive industry growth trend. In recent years, the automotive industry has witnessed a reasonable growth of above 3% CAGR, and it is predicted to remain same or optimistic over the stipulated period. Thus, the automotive license plate light market is expected to have healthy growth in coming years. The growth of the automotive license plate light market is also attributed to the various regional government regulations. For instance, according to the National Judicial Appointments Commission (NJAC), every vehicles certification is approved only if the vehicle has an operative license plate light. Also, the National Highway Traffic Safety Administration’s (NHTSA) has imposed regulations mandating the installation of license plate lights, especially in trucks and trailers. Hence, aforementioned regulations are expected to significantly drive the demand for automotive license plate light market over the forecast period.

Between the product types, LED type automotive license plate light is estimated to gain noteworthy traction as compared to its counterpart as LED lights they are cost effective and energy efficient. Also, OLED (organic light-emitting diode) with properties such as light weight and less power consumption is expected to emerge as a new trend in the global automotive license plate light market during the forecast period.

Conversely, the automotive license plate light market is expected to be severely affected by the ploys of counterfeit automotive license plate light manufacturers which jeopardizes the brand image of original equipment manufacturers, which in turn, is estimated to disturb the market structure of the global automotive license plate lights market.

Automotive License Plate Light: Regional Market Outlook

China is predicted be the dominating region in the automotive license plate light market as the country accounts for over one-fourth of the global vehicle sales, and it is estimated to remain the pillar in the market over the stipulated period. The automotive license plate light market in North America and Europe is primarily driven by the stringent government regulations, especially for commercial vehicles. Japan, Latin America, the Middle East & Africa, and Rest of Asia Pacific are predicted to have sustainable growth in the automotive license plate light market over the projected period.

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Automotive License Plate Light: Market Key Players

The global automotive license plate light market is estimated to be fragmented owing to the huge presence of local manufacturers. Some of the major participants operating in the global automotive license plate light market include Fiat Chrysler Automobiles, GOTO PLASTIC co., ltd., Innotec, HELLA Group, ICHIKOH INDUSTRIES, LTD., KOITO MANUFACTURING CO., LTD., and Grote among other manufacturers.

The Automotive License Plate Light research report presents a comprehensive assessment of the Automotive License Plate Light 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 Automotive License Plate Light research report provides analysis and information according to market segments, such as geographies, application, and industry.

The Automotive License Plate Light report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Automotive License Plate Light market
  • Competition & Companies involved in the Automotive License Plate Light market
  • Automotive License Plate Light Technology
  • Value Chain of market

Automotive License Plate Light regional analysis includes:

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

On the basis of product type, the global automotive license plate light market can be segmented into the following,

  • Bulb
  • LED

On the basis of vehicle, the global automotive license plate light market can be segmented into the following,

  • Passenger Cars
  • Compact Cars
  • Mid-Size Cars
  • SUVs
  • Luxury Cars
  • Commercial Vehicles
  • Heavy Commercial Vehicles
  • Light Commercial Vehicles

On the basis of sales channel, the global automotive license plate light market can be segmented into the following,

  • OEMs
  • Aftermarket

Automotive License Plate Light Report Highlights:

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

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Automotive Cowl Screen Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029

An automotive cowl screen is a hood shaped covering surface in every vehicle made up of first coefficient thermal expansion material. An automotive cowl screen has double air vents which regulate the air to and fro in the vehicle for distribution of air to the interior of the vehicle’s HVAC (Heating, ventilating, and air condition) system. The automotive cowl screens are covered with an air permeable material that prevents the transfer of liquids. Usually, automotive cowl screens are made of polymer, fiber glass, stainless steel, aluminium, and carbon fiber which also gives the vehicle a better aesthetic.

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Automotive Cowl Screen Market: Market Dynamics

Growing vehicle PARC and production capacity are expected to be the prime drivers of the automotive cowl screen market owing to the fact that all the vehicles require an automotive cowl screen. The automotive cowl screen market has been segmented on the basis of sales channel among which OEMs segment is predicted to be a lucrative segment as compared to the aftermarket segment due to the low replacement rate of automotive cowl screens. Amidst the vehicle types, of the total vehicle production passenger cars holds about three-fourth of the total vehicle fleet which implies that the segment is more likely to create significant opportunities for the automotive clown screen market players.

Conversely, the global auto components aftermarket is expected to be over a trillion dollar. Various players are engaged in the sales of automotive cowl screen, which are refurbished or reworked or are the duplicates of OEM products. This is a major setback to OEM manufacturers due to infringement in their supply chain. Also, this jeopardizes the brand image in the local market due to the failure of locally-made components. Further, local players offer products at relatively low costs, resulting in high market competition, which compels manufacturer to sell at lower costs. This is expected to hinder the growth of the automotive cowl screen market during the forecast period. However, since they are inexpensively made, the automotive cowl screen market is projected to foresee an optimistic growth over the projected period.

Automotive Cowl Screen: Regional Market Outlook

The automotive cowl screen market growth will not be evenly distributed across the regions due to the significant difference between automobile trade in regions, and consolidation of automotive production facilities in emerging markets. China being the core of inexpensive manufacturers, it is predicted that the country will witness a notable year over year growth. Additionally, the booming economy of the country, is the foremost factor driving the passenger cars ownership, which in turn, is fueling the demand for automotive cowl screen market.  The automotive industry accounts for 4% of Europe’s GDP while in Americas the industry accounts for 3% of the region’s GDP hence this sector is crucial for their prosperity, thus, the regions are stipulated have a positive growth over the forecast period.

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Automotive Cowl Screen: Market Key Players

The global automotive cowl screen market is predicted to be highly fragmented due to the presence of numerous player in the market, especially in the Asia Pacific region. Some of the major participants operating in the global Automotive Cowl Screen market include:

  • Bright Brothers Ltd.
  • Alsons Group
  • Valeo
  • Sherman & Associates Inc.
  • Original Equipment Reproduction
  • RESTOPARTS
  • Dorman Products

The Automotive Cowl Screens report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the Automotive Cowl Screens market
  • Competition & Companies involved in the Automotive Cowl Screens market
  • Automotive Cowl Screens Technology
  • Value Chain of market

Automotive Cowl Screens regional analysis includes:

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

On the basis of vehicle type, the global Automotive Cowl Screen market can be segmented into the following,

  • Passenger Cars
  • Compact Cars
  • Mid-Sized Cars
  • Luxury Cars
  • SUVs
  • Commercial Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)

On the basis of material type, the global Automotive Cowl Screen market can be segmented into the following,

  • Fiber Glass Automotive Cowl Screen
  • Carbon Fiber Automotive Cowl Screen
  • Polymer Automotive Cowl Screen
  • Aluminum Automotive Cowl Screen
  • Stainless Steel Automotive Cowl Screen

On the basis of sales channel, the global Automotive Cowl Screen market can be segmented into the following,

  • OEMs
  • Aftermarket

Automotive Cowl Screens Report Highlights:

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

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Plant Derived Proteins Market is reaching a value of around US$ 185 Million By 2029

Production and commercialization of biopharmaceutical proteins with higher therapeutic efficacy have formed a progressive landscape that continues to push the growth of plant derived proteins market. A new Future Market Insights (FMI) report forecasts that the plant derived proteins market will experience a major upturn towards 2029, reaching a value of around US$ 185 Mn. Production of three main therapeutic protein classes, including antibodies, vaccines, and replacement proteins such as albumin, insulin, growth factors, and cytokines will remain industry’s prime focus area. Plant derived proteins are recognized as natural and environmentally-sustainable than microbial and mammalian cells. Owing to these benefits, there has been an increasing demand for such proteins from biopharmaceutical companies, as raw materials for therapeutic drug production, creating an absolute opportunity for growth of the plant derived proteins market.

Key Takeaways of Plant Derived Proteins Market Study

  • The production of therapeutic proteins for disease treatment will gain traction, contributing more than 70% to global market revenues in 2029.
  • Owing to low setup cost, transient plant expression systems (carrot or tobacco) remains preferred among protein manufacturers.
  • Regenerative medicine-therapeutic agents continue to be the leading application area, on the back of their relatively cheap price point.
  • Biopharmaceutical companies represent the leading consumer industry of plant derived proteins, with over 50% share in market throughout the forecast period.
  • North America continues to lead, whereas East Asia holds the promise of lucrative opportunities, owing to several healthcare programs.

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Acquisition Key Strategy Followed by Leading Market Players

Leading manufacturers in the plant derived proteins market are focusing on regional acquisition strategy to enhance their product portfolio and expand their regional presence.  For instance, in 2017, Denka buys pharming pioneer Icon Genetics, which is a leading manufacturers of therapeutic proteins in plants. In 2014, Kentucky BioProcessing, Inc. was acquired by Reynolds American Inc., which is a wholly owned subsidiary of tobacco manufacturing company British American Tobacco plc.

Interested in more insights on the build-up of plant derived proteins market?

Plant derived proteins market, a new study from future market insights, opines on the production of plant derived proteins from 2014 – 2018 and presents demand projections from 2019 – 2029 on the basis of; plant type (tobacco, carrot, rice, barley and others), protein type (industrial proteins & enzymes, therapeutic proteins cell culture functional proteins and others), application (regenerative medicine-therapeutic agents, regenerative medicine-functional material, cell culture application and others), platform (in-vitro culture system, whole plants and others) and end user (biopharmaceutical companies, academic & research institutes, contract research organization (CROS), contract manufacturing organization (CMOS)) across seven prominent regions.

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The global plant derived proteins market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

Plant

  • Tobacco
  • Rice
  • Carrot
  • Barley
  • Others

Protein

  • Industrial Proteins& Enzymes
  • Therapeutic Proteins
  • Blood Proteins
  • Cell Culture Functional Proteins
  • Others

Platform

  • In-vitro Cell Culture Systems
  • Whole Plants
  • Others

Application

  • Regenerative Medicine-Therapeutic Agents
  • Regenerative Medicine-Functional Material
  • Cell Culture Application
  • Others

End User

  • Biopharmaceutical Companies
  • Academic & Research Institutes
  • Contract Research Organization (CROs)
  • Contract Manufacturing Organization (CMOs)

Region

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

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About Future Market Insights (FMI)

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

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Magnetic Resonance Imaging (MRI) Contrast Agents Market is expected to exhibit a CAGR of 4% during 2019-2029 | Future Market Insights Exclusive Report

The magnetic resonance imaging (MRI) contrast agents market is expected to grow rapidly in the foreseeable future, due to surging demand for image-guided surgical procedures. Advancements in diagnostic imaging and growing number of diagnostic centers offering magnetic resonance imaging (MRI) services create a significant opportunity for players operating in the MRI contrast agents market.

Increasing investments in the magnetic resonance imaging contrast agents market by key market players and new product launches are major factors expected to boost growth further. The global magnetic resonance imaging contrast agents market was valued at US$ 765 Mn in 2018, and is expected to exhibit a CAGR of 4% during the forecast period (2019–2029).

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Key Takeaways of MRI Contrast Agents Market Study

  • Extracellular fluid (ECF) agents contributed more than three-fourth value share of the magnetic resonance imaging contrast agents market in 2018. This can be attributed to the availability of more patient-compliant products, and better clinical outcomes due to their brief vascular phase, rapid distribution in the extracellular space, and faster elimination through renal systems than other contrast agents.
  • Hospitals represented the highest market value share, followed by diagnostic centers, due to higher installed base of MRI units in hospitals and substantial visit to outpatient departments for the treatment and diagnosis of several disorders.
  • North America holds the highest revenue share in the global magnetic resonance imaging contrast agents market, owing to significant number of MRI scans performed with contrast agents.
  • Government initiatives towards the development of modern healthcare centers and financial support towards the growth of medical imaging technologies in Asian countries are expected to drive the growth of the magnetic resonance imaging contrast agents market in the region.

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New Product Launches – Imperative Strategy for Market Players

Increasing introduction of new MRI contrast agents is the major factor responsible for intense competition among market players. Several companies are focusing on launching new magnetic resonance imaging contrast agents to increase their product sales and expand market share. For example, in March 2017, GE Healthcare launched Clariscan (gadoteric acid), a new macrocyclic MRI contrast agent, in Europe, and in July 2018 in South Korea.

What else is in the report?

Future market insights offers a unique perspective and actionable insights on the magnetic resonance imaging contrast agents market in its latest study, presenting historical demand assessment from 2014–2018 and projections for 2019–2029, based on product type (paramagnetic contrast agents and superparamagnetic contrast agents) and end user (hospitals, ambulatory surgical centers, and diagnostic centers) across seven key regions.

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the keyword market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

More from Healthcare, Pharmaceuticals and Medical devices Market Insights :

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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Corneal Ulcer Treatment Market is poised for a healthy CAGR over Forecast Period up to 2029 | Future Market Insights

Increasing contact lens usage, emerging new treatment options such as anti-amoebic drugs, and well-established supply chain operations are expected to fuel the growth of the corneal ulcer treatment market. Various initiatives by global as well as regional organizations, governments, etc., to eliminate avoidable blindness caused due to contact lens use, are helping to increase awareness about corneal ulcer among the general public as well as ophthalmologists.

Further, universities and non-profit organizations arranging eye check-up camps further aids in enhancing awareness about corneal ulcers.

FMI – a well-established name in the market research domain – forecasts that, the corneal ulcer treatment market will experience a major upturn in the coming years, reaching a valuation of US$ 1.3 Bn by 2029.

“Low-cost drugs being offered by generic drug manufacturers, especially in emerging countries, has substantially lowered treatment cost, and is giving tough competition to key players in the global corneal ulcer treatment market.”

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Key Takeaways of Corneal Ulcer Treatment Market Study

  • Treatment of broad-spectrum corneal ulcers using antibiotics is expected to gain traction and contribute more than 75% of revenue share during the forecast period.
  • Growing bacterial keratitis requiring antibiotics for treatment will contribute significantly to the revenue share of the segment.
  • Eye drops or eye ointments dominate the market by form type, as these are relatively cheaper and do not require other interventional and oral route for drug delivery.
  • By distribution channel, retail pharmacies are expected to gain more than 50% of market share during the forecast period.
  • North America is dominating the global corneal ulcer treatment market, while East Asia is expected to offer lucrative growth opportunities, owing to rising healthcare infrastructure and industrialization.

Acquisition – Key Strategy Followed by Leading Manufacturers

Leading manufacturers in the corneal ulcer treatment market are focusing on geographical expansion as well as increased product offerings through partnerships and acquisitions. In order to evaluate cost effective therapy for corneal ulcer treatment, manufacturers are evaluating new drugs via clinical trials For example, in Dec. 2019, Mallinckrodt plc enrolled the first patient in the company’s Phase 4, multi-center, multiple-dose, open-label study to assess the effects of Acthar Gel as a therapy option in patients with severe keratitis.

Want more insights?

A new study by Future Market Insights opines on the evolution of the corneal ulcer treatment market from 2014–2018, and presents demand projections for 2019–2029 on the basis of drug class (antibiotics, antifungals, antivirals, anti-amoebic drugs, corticosteroids, and NSAIDs), indication (bacterial keratitis, fungal keratitis, viral keratitis, and acanthamoeba keratitis), form (tablets, eye drops, and vials), and distribution channel (hospital pharmacies, retail pharmacies, drug stores, and online pharmacies), across seven prominent regions.

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Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

Explore Wide-ranging Coverage of FMI’s Healthcare Market Insights Landscape

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

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

For Sales Enquiries: sales@futuremarketinsights.com

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Press Release: https://www.futuremarketinsights.com/press-release/corneal-ulcer-treatment-market