Suspended Ceiling System Market Assessment and Key Insights Analyzed Till 2029

Suspended ceiling system are certain secondary ceilings which are suspended above the structural floor slab, which creates a void between the top of the suspended ceiling and the underside of the floor slab. Along with the concealment of the underside of the floor slab, this void can provide a useful space for the distribution of heating, ventilation and air conditioning (HVAC) services and plumbing and wiring services, as well as providing a platform for the installation of smart speakers, light fittings, wireless antennaCCTV camera, fire and smoke detectors, motion detectors, sprinklers, and others. The void can also be used as an air ‘plenum’, in which the void itself forms a pressurized ‘duct’ to supply air or extract it from the occupied space below.

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Suspended ceiling system can allow easy access for equipment servicing by the removal of tiles, or through access panels and can allow flexibility of layout of spaces below. However, it results in some loss of headroom (generally at least 100mm). Typically suspended ceiling system are hung from a bracket fixed to the underside of the floor slab supporting a series of interlocking metal sections that form a grid into which panels such as ceiling tiles can be fitted. Suspended ceiling system are also available, in which tiles are laid between parallel beams rather than a grid, and there are a wide range of different grid profiles and tile edge details that can be used to allow the grid to be exposed, flush, recessed or concealed.

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
  • Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, and Rest of Europe)
  • East Asia (Japan, South Korea, and China)
  • South Asia (India, Indonesia, Malaysia, Philippines, Thailand, Rest of South Asia)
  • Oceania (Australia, and New Zealand)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Market Participants

Some of the market participants operating in the global Suspended Ceiling System market identified across the value chain include AWI, Knauf, SAS International, USG, Menards, Chicago Metallic Corporation, CertainTeed, Rockfon, Chicago Metallic, Saint-Gobain, Foshan Ron Building Material Trading, Grenzebach BSH, Guangzhou Tital Commerce, Haining Chaodi Plastic, Shandong Huamei Building Materials, New Ceiling Tiles, Odenwald Faserplattenwerk, Techno Ceiling Products, among the others. Key market players are pitching the unique properties of suspended ceiling system such as superior acoustic insulation properties, easy installation and dismounting etc. to win over new customers in the market.

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By Segmentation:

On the basis of material, the global suspended ceiling system market has been segmented as:

  • Mineral wool
  • Metal
  • Gypsum

On the basis of type, the global suspended ceiling system market has been segmented as:

  • Ceiling
  • Grids

On the basis of application, the global suspended ceiling system market has been segmented as:

  • Commercial Construction
  • Residential Construction
  • Industrial Construction

Opportunities for Participants in the Suspended Ceiling System Market

Recovery of the commercial construction across major countries has propelled the new construction, as well as repair & maintenance and renovation activities. Moreover, adoption of interior solutions that exhibit better noise absorption features in offices, departmental stores, public utility areas, and educational institutions is considered to boost the consumption of suspended ceiling system in the next couple of years. This in turn is expected to enhance the use of eco-friendly and light-weight materials such as mineral wool, metal, and gypsum ceilings in the suspended ceiling system, so as to maintain and improve the indoor air quality and efficiencies of energy, water, and other resources. Technological advancement in manufacturing low VOC material based ceiling panels is likely to provide lucrative opportunities in the suspended ceiling system market.

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

World Lead Acid Battery Market Value to Grow by Almost $90.5 Billion During 2021-2031

The lead acid battery market valuation is expected to reach US$ 54.3 Bn in 2021. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2021 and 2031. According to the study, the overall market valuation will top US$ 90.5 Bn by 2031.

As per FMI, the demand for AGM battery is expected to increase at a high pace, exhibiting 6.2% CAGR in 2021.

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Growth can be attributed to the increase in the demand for energy-efficient solutions across the globe. The demand for lead acid battery has increased consistently with the advent of the electric and hybrid vehicles over past few years.

Key factors fueling the demand for lead acid battery include initiatives undertaken to introduce green energy solutions in the automotive industry. Leading lead acid battery manufacturing companies are focusing on expanding their production and distribution capacities in various countries. To improve their industrial research activities, some companies are collaborating directly with regional manufacturers.

The transportation segment is among the leading end users of lead acid battery. Regionally, China has emerged as a highly lucrative market for the production and export of lead acid battery. This can be attributed to increasing demand from the country’s automotive industry, coupled with the adoption of the advanced technology and higher production capacity.

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By Segment:

By Product Type:

  • Flooded Battery
  • AGM Battery
  • Gel Battery

By Application:

  • Transportation
    • Passenger Cars
    • LCV
    • HCV
    • Two wheelers
    • Others
  • Motive Industrial
  • Stationary Industrial
  • Commercial
  • Residential
  • Grid Storage
  • Others

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

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

Competitive Landscape:

Companies operating in the lead acid battery market are aiming at strategic collaborations and partnerships with other manufacturers to expand their manufacturing capacity. For instance:

  • In March 2019, GS Yuasa Corporation has announced that GS Yuasa International Ltd. launched a new automotive lead-acid storage battery plant operated by equity method affiliate inci GS Yuasa Akü Sanayi ve Ticaret Anonim Sirketi (“IGYA”) in Manisa Province, Turkey.
  • In February 2020, the company has announced the launch of its SNS-TN series of valve-regulated stationary lead-acid batteries.
  • In July 2020, Blink Charging and Enersys collaborate To Develop High Power Inductive/Wireless and enhanced DC Fast Charging Systems with energy storage options for the automotive market.
  • In January 2021, EnerSys is teaming up with TravelCenters of America (TA) to offer Odyssey Performance and NorthStar PRO Group 31 batteries for heavy-duty applications in all TA locations throughout the United States.

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Major Key Player:
  • Furukawa Electric Co., Ltd.
  • Hitachi Chemical Company, Ltd.
  • Narada Power Source Co. Ltd.
  • SiteTel Sweden AB (NorthStar)
  • Clarios
  • Leoch International Technology Ltd.
  • Yokohama Batteries Sdn. Bhd.
  • Enersys
  • Exide Industries Ltd.
  • GS Yuasa Corporation
  • Hoppecke Batterien GmbH & Co. KG.
  • Crown Battery Corporation
  • C&D Technologies, Inc.
  • Coslight Technology International Group Co. Ltd.
  • East Penn Manufacturing Co.
  • Chaowei Power Holdings Limited.
  • Zhangzhou Huawei Power Supply Technology Co., Ltd.
  • B. B. Battery
  • Camel Group Co., Ltd.
  • Shandong Sacred Sun Power Sources Co. Ltd.

Histoplasmosis Treatment market Insights with Upcoming Trends Segmentation, Opportunities and Forecast to 2031

The Histoplasmosis Treatment market is looking forward to grow at a higher rate in the forecast period of 2021-2031.

The rising investment by the government and public organizations to provide better healthcare quality is expected to augment the market demand.

Furthermore, the increasing focus towards better healthcare system and the increasing geriatric populations, cancer cases and AIDS cases are the major drivers for the histoplasmosis market growth.

What is Driving Demand for Histoplasmosis Treatment Market

The demand for histoplasmosis treatment market has seen at a higher rate at a global level as there has increase in the number of chronic disease.

Furthermore, the rising ageing population and lack of hygiene is expected to drive the market. According to CDC 90% of the population in the US was infected as Histoplasmosis is common in the humid environment.

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The incidence rate in adults about 65 years were in the ratio of 3.4 in 10,000 population. Globally, this disease is seen common in people with low immunity.

The demand of histoplasmosis treatment market is on to the higher rate as malignant cases are never ending. These reasons have said to be the driving factors for histoplasmosis market in the given forecast period 2021-2031.

U.S. Histoplasmosis Treatment Market Outlook

U.S. is said to be the most dominating in terms of disease growth rate and will be the top one to boost the histoplasmosis treatment market.

This is due to the rising number in the malignant diseases, and immunocompromised patients.

According to CDC histoplasmosis is the commonest disease seen in HIV/ AIDS patients and due to their immunocompromised state 30% of them result in death.

This can be an opportunistic driving factor for the treatment market to grow. In addition, rising R&D and technological advancement in the region are some of the drivers of histoplasmosis treatment market.

Europe Demand Outlook for Histoplasmosis Treatment Market

The European market is considered the second largest market for histoplasmosis treatment at a global level.

The increasing focus on the healthcare facility, increase in the population of above 65 age group is likely to drive the market growth. Furthermore, the growing chronic diseases which diminishes the immunity of a person and AIDS in the region are boosting the demand for histoplasmois treatment market.

Who are the Key Manufacturers and Suppliers of Histoplasmosis treatment market.

Some of the key players operating in the Histoplasmosis Treatment Market are

  • Bristol Myers Squibb
  • Sigma tau pharmaceuticals Inc.
  • Three rivers pharmaceuticals
  • Astellas pharma US Inc.
  • Abbott laboratories
  • Abraxis pharmaceutical products
  • Teva parenteral medicines Inc.
  •  X gen pharmaceuticals Inc.
  • Middle East and Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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Malaria Ag rapid Testing Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2031

According to the latest research by Future Market Insights, Malaria Ag rapid Testing Market is set to experience 5% growth during the year 2021-2031.

Malaria Ag rapid testing kits allows for quick detection of malarial antigen present in human body without the use of microscopes or in lab set-ups.

Primary advantage of using a rapid testing kit is its ease of collection, cost effectiveness, safety and user friendly.

What is Driving the Demand for Malaria Ag Rapid Testing Market

Malaria Ag rapid testing or rapid diagnostic test are lateral flow immunochromatographic antigen detection test, usually available in test strip or cassette form. These test detect the presence of malarial parasite antigen, in an infected human blood giving results within 15 minutes. Such procedures are simple, safe and easier for quick diagnosis of malaria at an initial stage and does not require special equipment or training.

An increasing number of cases of malaria in tropical countries along with increasing travelers visiting these countries, and in turn getting infected by malaria, can be seen rising in recent years.

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Also the unavailability of lab testing for diagnosis of malaria in most endemic countries has further increased the necessity for the malaria antigen rapid tests.

A per the 2019-20 report by World Health Organization (WHO), an estimated 229 Mn cases of malaria was found globally in 87 malaria-endemic countries in 2019.

Of which, 05 countries in Africa region namely, Nigeria (27%), the Democratic Republic of the Congo (12%), Uganda (5%), Mozambique (4%) and Niger (3%), accounted for about 51% of the global cases.

Thus, the demand for the Malaria Ag rapid testing market is likely to provide incremental opportunity in the forecasted period.

Which Factors are likely to Augment the Growth of the Malaria Ag Rapid Testing Market

The field of malaria Ag rapid testing market is witnessing series of advancements and is further expected to offer effective diagnostic solutions for infections caused by malaria.

An increasing number of deaths caused due to non-diagnosis of malaria at early stages and increased resistance of parasite especially

P.falciparum to anti-malarial drugs has increased the need for these rapid diagnostic tests to diagnose the disease at the earliest and provide for treatment of same.

As per the 2019-20 report by World Health Organization (WHO), 67% (274,000) of the total deaths caused by malaria, at global level, consisted of children below 5 years of age, in 2019.

Investment in malaria programs and research & development for malaria control and elimination are being undertaken by government and industry players in various regions. Various Public and private sector organizations are also playing major role in promoting and supporting the clinical development of key products.

A per the 2019-20 report by World Health Organization (WHO), an estimated US$ 3 Bn was the total funding provided for malaria control and elimination.

Out of this total, US$ 900 Mn (31% of total funds) of funding was contributed by the government of endemic countries.

It is thus, expected for the malaria Ag rapid test market to seek a growth in the forecasted period.

Who are the key Manufacturers and Suppliers of the Malaria Ag Rapid Testing

Some of the key players of Malaria Ag rapid testing include

  • Abbott
  • Accuquik™ Test Kits (USA) Advy Chemical Pvt. Ltd.
  • Arkray Healthcare Pvt Ltd
  • CTK Biotech Inc.
  •  Biotrol laboratories Pvt. Ltd.
  • malarex Limited (UK)
  • Alere
  • Ameritek Inc.
  • Apacor ltd.
  • Atmo Diagnostics

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Repositioning and Offloading Devices Market Perspective, Comprehensive Analysis, Growth and Forecast 2021-2031

According to the latest research by Future Market Insights, the repositioning and offloading devices Market is set to experience 6% growth during the year 2021-2031.

Repositioning and offloading devices are particularly used for the treatment of diabetic foot ulcers.

These ulcers in the diabetic person are caused due to poor circulation in a particular area, hyperglycaemia or any nerve damage. During the treatment of diabetic foot ulcers, pressure modulation also known as offloading is used to mitigate the pressure from a particular area.

What is the Driving Demand for Repositioning and Offloading Devices

The main aim of offloading devices is to mitigate the pressure and promote healing. The drivers for this market can include the recurrence of ulceration in the diabetic foot.

The growth of this market is anticipated due to the rise in the prevalence of diabetes. According to research, diabetes-related foot ulceration (DFU) affects 26 million people annually worldwide and results in large mortality.

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The increasing geriatric population are more prone to diabetes and DFU. According to a UN report, the geriatric population is expected to increase by 16% by 2050. This may act as a driver for the market. Apart from DFU, different pressure ulcers are caused majorly due to immobility. This is particularly seen in elderly people and patients with spine or back injuries.

These injuries restrict the movement of the patient, due to which pressures are created on specific body parts.

The increase in the number of surgeries and the development of pressure ulcers will drive the market.

The repositioning devices are particularly used to move the patient from one place to another. This may include shifting them from one department o hospital to another. For example, shifting them from outpatient department to inpatient department or ICU. The rise in the prevalence of accidents and injuries drives this market.

Impact of Covid on Repositioning and Offloading Device Market

In March 2020, WHO declared the outbreak of Covid-19 as a pandemic. Like any other sector, the healthcare sector was also tremendously impacted by it.

Due to restrictions, the lifestyle of the people changes and became sedentary. This sedentary lifestyle has led to an increase in chronic disorders, diabetes and the occurrence of pressure ulcers.

To combat the deadly virus, the hospitals were asked only to perform essential surgeries. For the movement of patients post-surgery repositioning devices were used. Hence, COVID-19 had a positive impact on this market.

Who are the Key Manufacturers and Suppliers of Repositioning and Offloading Devices

Some of the key players operating in the repositioning and offloading devices Market are

  • Mölnlycke Health Care AB
  • Beechfield Healthcare Ltd
  • Next Health
  • LLC
  • Sage Products LLC
  • Stryker
  • Seneca Devices Inc.
  • Guldmann
  • Hill-Rom Services
  • Frontier Medical Group
  • Walgreen Health Solutions
  • LLC Arjo
  • Next Health LLC.

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Retinal Vasculitis Treatment Market  Trend 2021, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2031

According to the latest research by Future Market Insights, the Retinal Vasculitis market will witness growth during 2021-2031.

Retinal Vasculitis is condition where the blood vessels in the ocular region get inflammated due to associated conditions like auto-immune disorder, inflammatory disorders, infective disorders and neoplastic disorders.

Prevalence of this inflammatory condition is increasing day-by-day as per the statistics given by CDC and Statista.

This will directly affect research and development in finding ways to effectively treat it and hence boosting the market growth.

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What is Driving Demand for Retinal Vasculitis Treatment Market

The foremost driver which is increasing demand for this treatment market is application of Intravitreal Aflibercept injections in treating the vasculitis of retina.

These injections assist in reducing the oedema at the inflammation site. Study published in PubMed in Feb 2020 concluded that indeed use of these injections in management of a rare syndrome called as IRVAN (Idiopathic Retinal Vasculitis, Aneurysms and Neuroretinitis) syndrome. Retinal vasculitis is a part of this syndrome.

These injections will prove beneficial and provide more insight for end stage management of this syndrome.

Study from Ophthalmology Retina explored the application of Fluorescein Angiography (FA) in detection of retinal vasculitis in children from Children’s Medical Center in Dallas who were suffering from Paediatric Uveitis. Conclusions of this study made FA another important driving factor in this treatment market.

Researchers concluded that,” Evaluation of paediatric patients through FA is very beneficial in confirming the suspicion of involvlement of RV in it.

As failing in controlling this vasculitis may be a contributing factor poor prognosis of these patients as it can lead to long-term complications. Such studies help improve ailment management which assists in market growth.

Detection of Retinal Vasculitis Through Swept-Source OCT Angiography

Patients with retinal vasculitis treatment were selected for this study and were sent for an ss-OCTA (swept source- ocular coherence tomography angiography).

Thickening of the structure of retina along with showing the leakage in its vascular system due to inflammation.

Even though further in depth studies are required to authenticate if ss-OCTA can prove to be beneficial than FA, this study will propel further research into this application and hence boost the market growth.

U.S. and Canada Retinal Vasculitis Treatment Market 

As per CDC, 4.2 million Americans suffer from some form of ophthalmic ailment indicating that prevalence of retinal disorders is rising in US.

A new roster of ophthalmic treatments being launched in the country will drive the market towards a positive side. Authorities here are now focusing more on investments in R&D to improve the management and treatment of these retinal disorders.

This collectively makes US a front runner in the retinal vasculitis treatment market in North America Region.

Europe Retinal Vasculitis Treatment Market 

According to data published on Statista, as of 2020, 3.6% eastern-European people suffer from some kind of visual ailment. Owing to this, demand for advanced and swift treatment for retinal disorders is increasing.

Furthermore, the rising technological advancement and increasing investment in R&D is expected to drive the market growth during the forecast period.

Who are the key Manufacturing and Supplying Companies in Retinal Vasculitis Treatment Market

Key players:

  • Regeneron Pharmaceuticals, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Shire (Takeda Pharmaceutical Company Limited)
  • Bayer AG
  • Santen Pharmaceutical Co., Ltd.
  • Pfizer, Inc.
  • Allergan plc
  • Graybug Vision, Inc.
  • Novartis AG
  • Acucela Inc.
  • Merck & Co., Inc.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

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

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Dehydrated Culture Media Market Analysis (COVID-19 Analysis) – Industry Insights, Drivers, Top Trends, Global Analysis, Forecast and Opportunities to 2031

According to the latest research by Future Market Insights, Dehydrated Culture Media market is expected to grow at a CAGR of 7.7% during the forecast period. During the forecast period, the demand for Dehydrated Culture Media will progressively rise, which will provide manufacturers with numerous favorable development opportunities in the near future.

What are the key Drivers of Dehydrated Culture Media Demand Outlook?

Due to recent technological advances, the demand for regenerative drugs has increased sharply in the media market. This has led to the development of new biomedical techniques such as targeted differentiation in the development of regenerative drugs.

In addition, new technologies for rejuvenating worn body parts by injecting new cells have led to the widespread use of regenerative drugs. It also has many uses in the treatment of cardiovascular disease. These events help a global, drained cultural media market to strengthen the growth base, thus opening up new opportunities.

The current COVID19 outbreak has had a positive impact on the growth of the market, as biopharmaceutical innovators are at the forefront of in vitro research and development to find vaccines and antiviral drugs.

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In vitro evaluation of vaccines and antiviral agents usually requires a medium in which the target virus or bacteria can be grown and the response determined. The increasing focus on R&D in the pharmaceutical industry is driving the demand for dehydrated cultural media.

The dehydrated culture media demand outlook is anticipated to grow at a higher rate due to the increasing R&D investments by the private as well as publically listed companies for various vaccines and drugs that work against various microorganisms. These increased R&D activities are fueled by the rising problem of viral infections amongst the population, globally.

Advanced Granulation Technology (AGT): The Latest Technology to Transform Dehydrated Culture Media Demand Outlook.

Thermo Fisher Scientific has launched the most advanced cell culture media format available in the industry. With today’s high application requirements for productivity, efficiency, and safety, the researchers need an advanced media format that has better performance than traditional dry formats and is available in commercial products Success, thereby speeding up time to market.

The Advanced Granulation Technology has many advantages over the traditional dry media problems like complex culture preparation, difficult filtration process along with multi-step process and batch inconsistency. The Gibco AGT media is set to overcome all these shortcomings and achieve more goals in the culture media industry.

US and Canada: Dehydrated Culture Media Market

The US and Canada region dominates the market on account of recent advancements in medical technology. It is expected to hold 43% of the market’s share during the forecast period. Many other factors that attribute to the global domination of this region is due to increased R&D activities by various manufacturers, technological advancements in the culture media market.

The industry is investing heavily in innovative solutions to improve pipeline design to support improvements in patient care. The federal government (US) is the primary source of funding for the biotechnology sector.

Europe: Dehydrated Culture Media Market

Large-scale research activities in countries such as Denmark, Switzerland, the Netherlands, Sweden, and Belgium have supplemented the cultural media market in Europe.

The existence of non-profit organizations such as Swiss Life Sciences (LS2), the University of Basel, and the University of Zurich, which carry out a wide range of molecular life science research activities, will promote the development of dehydrated cultural media market in Europe.

Who are the key Players in the Dehydrated Culture Media Demand outlook?

The Dehydrated Culture Media market is fragmented with numerous key players. Some of the major contributors to this industry are

  • Condalab
  • Thermo Fisher Scientific
  • Sigma Aldrich
  • Merck Millipore (Merck KGaA)
  • Sisco Research Laboratories Pvt. Ltd.
  • Biomark Labs
  • Titan Biotech Ltd
  • Neogen Corporation
  • Himedialabs
  • Central Drug House (P) Ltd

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Global Marine Hatch Covers Market Assessment and Key Insights Analyzed Till 2027

Hatch covers are used to cover and prevent the interior fabrics and wood from fading and damaging from sun rays and reduces interior cabin temperature as well. The interior temperature in the cabin makes the interior plastic-like material brittle over time. Also, it prevents heating of cabin and helps the air-condition system run more efficiently. 

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The marine hatch covers and protects the cargo and cargo spaces by making it watertight. Closing off the hatch opening to prevent the entrance of water into the cargo, protects the goods from being damaged and dumped and further can also be compared to the lid on a box. Hatch covers also act as a barrier for the entrance of green water loads in extreme weather condition to prevent ship’s internal structure from damage due to corrosion. The types of hatch covers mainly used on the ships on the basis of requirements are lifting type, folding type, rolling type, roll stowing type, sliding type. Where lift away type and lifting type hatch covers are mainly used in container ships. In general, in cargo ships folding type hatch covers are mainly used. Rolling type marine hatch covers are further subdivided into piggy back & telescopic, side rolling and end rolling type and are mainly used in bulk carriers.

Market Participants

Examples of some of the market participants in the global marine hatch covers market, identified across the value chain are:

  • Cargotec Corporation
  • IKNOW MACHINERY CO., LTD.
  • Baier Hatch Company, Inc.
  • COOPS & NIEBORG BV
  • Chongqing Guanheng Technology Development Co.
  • Macor Marine Solutions GmbH und Co. KG
  • TTS Group ASA

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

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Increasing international trade in this era of globalization is expected to boost the shipping industry giving a positive growth to the marine hatch cover market in the forecast period. The growth in the shipbuilding industry across the globe will also contribute towards the growth of the marine hatch cover market. The marine hatch cover market is also aided by the growth of fishing industry and marine tourism, wherein large fishing boats and cruise ships are made for this purpose.

However, the shipbuilding and shipping industry is highly depended on the international economy and the downward shift in the economy may restrain the market of marine hatch cover over the forecast period. Also, the regulations related to the concentration of emission of harmful gases which are emitted by the marine vessel such as CO2, SOx, NOx in various countries may hamper the growth of shipbuilding industry restraining the market of marine hatch covers over the forecast period.

Regional Outlook

In terms of consumption of marine hatch covers, Asia Pacific is expected to have extensive growth over the forecast period owing to high investment in the shipbuilding industry. In terms of production of marine hatch covers, North America and Europe are expected to dominate the global marine hatch covers market owing to established infrastructure and technical expertise related to the shipbuilding industry. Rest of the world market is estimated to account for a relatively small share of the marine hatch covers market.

Regional analysis includes:

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

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

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By Segmentation 

The global marine hatch covers market can be segmented on the basis of type of vessel:

  • Service Vessels
  • Passenger Vessels
  • Cruise Ships
  • Ferries
  • Cargo Carriers
  • Tankers
  • Container Ships
  • Bulk Carriers
  • Other Cargo Ships
  • Fishing Vessels
  • Personal Watercraft & Sailboats
  • Others

The global marine hatch covers market can be segmented on the basis of type:

  • Sliding type
  • Rolling type
  • Roll stowing type
  • Lifting type
  • Folding type

The global marine hatch covers market can be segmented on the basis of material used:

  • Aluminium Hatches
  • Steel Hatches
  • Others

Global Industrial Weighing Equipment Market Assessment and Key Insights Analyzed Till 2030

Weighing equipment is the instrument used to measure the weight of a product. Industrial weighing equipment is used to measure the weight of various products such as instruments, chemicals, and machines in industries. Industrial weighing equipment is present everywhere in the industry from the initial stage that is raw materials stage to the final stage, distribution of finished products, and its applications across a wide range of industries will continue to uphold demand for the product, ultimately boosting the growth of the global market for industrial weighing equipment.

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Region-wise Analysis

The industrial weighing equipment market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific is anticipated to be the fastest-growing industrial weighing equipment market with a CAGR expected to be around 6% in the coming years. In the region, the demand is mainly triggered by increasing applications of weighing technologies in many industrial activities, and thereby, industrial growth is among the biggest drivers of growth for the market in the Asia Pacific.

Sales are also likely to remain healthy in the North American region, as manufacturers are introducing next-generation and technologically advanced ranges of their products under the category of industrial weighing equipment. Tightening quality standards and safety regulations are triggering the adoption of highly accurate and high precision weighing equipment in the industrial setup across the region, and this will incur the trend of product innovation in the industrial weighing equipment market in the Americas.

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Segment Analysis

The industrial weighing equipment market can be segmented based on the following:

Product Type

  • Checkweighers
  • Counting Scales
  • Floor Scales
  • Rail Scales
  • Other

End-use Industry

  • Chemicals
  • Manufacturing
  • Mining
  • Food & Beverage
  • Other industries

Competitive Landscape

  • Avery Weigh-Tronix
  • RADWAG WagiElektroniczne
  • CI Precision Ltd.
  • A&D Weighing
  • Atrax Group NZ Ltd,
  • Avery Weigh-Tronix.
  • Thompson Scale Company
  • Eastleigh Limited
  • Bilwinco AS
  • D Brash &Sons Ltd
  • Sartorius AG Ohaus Corporation
  • Maguire Products Inc.
  • Mettler Toledo International Inc.

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The global market for industrial weighing equipment is highly fragmented as the number of smaller companies entering the market is increasing. Nevertheless, leading manufacturers, as well as small industry players, are concentrating on offering utmost levels of accuracy through innovative features, and modifying their strategies to sync with the changing business environments.

Radio Frequency Identification Market 2021-2028: Industry Size & Share, Segmentation, Growth Opportunities, Regional Analysis

The global RFID market is expected to register a CAGR of 14.5% during 2018 – 2028 with SEA and Others of APAC, Western Europe and North America accounting for significant market value shares by the end of the forecast period.

FMI delivers key insights on the global RFID market in its report titled “RFID market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2018 – 2028.” Growth in the value of the global RFID market is estimated to remain attractive as the market is expected to grow continuously at a CAGR of 14.5% in terms of value during the forecast period 2018 – 2028. On the basis of components, the RFID software and middleware segment is expected to register attractive growth over the forecast period. Based on application, the agriculture segment is estimated to gain high penetration in terms of market share during the forecast period.

The annual revenue of the global RFID market was US$ 12,912.0 Mn by the end of 2017, which is expected to grow at a steady pace over the coming years. The dominating regions, i.e., North America, SEA & Others of APAC and Western Europe, are expected to collectively account for a majority share in the global RFID market. These regions are likely to dominate the global market over the forecast period.

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Over a decade ago, RFID technology was used by large enterprises.  With improvements in technology and economical cost, this technology has been adopted by small and medium enterprises. RFID technology is widely used by all tier companies to streamline operations and enhance the visibility of their supply chain and logistics operations. The usage of RFID technology in automated item identification systems is gaining importance in the retail sector.

The increasing need for RFID tags across the globe is driven by robust opportunities in the healthcare sector. In the healthcare sector, an increasing focus on RFID technology for the tracking and classification of medical instruments has been driving the demand for RFID tags worldwide. This technology holds immense potential for improving supply chain efficiency and ensuring patient safety while reducing human errors in healthcare processes at the same time. Healthcare management and monitoring of critical care equipment represent other interesting areas of application for the RFID market. The automotive and aerospace industry is adopting the RFID technology especially for the tracking of vehicles, inventory management of spare parts and visibility in logistics operations. Also, Vendor management has become smoother with use of RFID technology since it provides detailed performance metrics.

On the basis of FMI analysis, the RFID tags in the component segment are expected to dominate the market due to the high penetration of advanced technologies such as RAIN RFID tag in various industry verticals. The High Frequency (HF) sub-segment in the RFID tags segment is estimated to remain dominant in terms of market share during the forecast period. On the basis of applications, the agriculture segment will be a dominating segment due to the wide adoption of RFID technology for the tagging of animals through which the farmers can easily trace them and improve supply chain efficiency.

The North America RFID market is expected to dominate the global RFID market due to the large automotive tires market in the country. The market has huge potential in China owing to major technological advancements in the healthcare, retail and consumer goods markets. The SEA and Others of APAC RFID market will be a target market for market participants looking to penetrate the retail and consumer goods segment. Latin America is estimated to grow with an above-average CAGR over the forecast period. Brazil is expected to hold a major revenue share in the Latin America RFID market over the forecast period.

Key Segment

By Component

  • RFID Tags
  • Low Frequency (LF)
  • High Frequency (HF)
  • Ultra-High Frequency (UHF)
  • Microwave Frequency
  • Ultra Wideband (UWB)
  • RFID Readers
  • RFID Software and Middleware

By Application

  • Logistics and Transportation
  • Aerospace and Defense
  • Automotive
  • Retail and Consumer Goods
  • Agriculture
  • Healthcare
  • Government
  • Others

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According to FMI analysis, long-term contracts with business partners are estimated to help increase revenue and new innovation strategies are likely to enable RFID vendors to reach new growth markets. Some of the market participants in the global RFID market report include Zebra Technologies Corporation; HID Global Corporation; Thin Film Electronics ASA; Invengo Information Technology Co., Ltd.; GAO RFID Inc.; Impinj, Inc.; Xerox Corporation; Omni-ID; Alien Technology, LLC and Molex, LLC.

Key developments in the RFID market

  • In January 2017, Zebra Technologies Corporation launched Zebra SmartSense RFID for application in the retail sector for identifying and tracking the location of merchandise, associates and shoppers in a retail store in real-time
  • In May 2017, HID Global Corporation launched IoT solutions to offer enterprises solutions for asset management and equipment management. HID Location Services is used for item management, and it monitors the location and movement of assets & equipment across multiple locations or in a particular area
  • In February 2017, Impinj, Inc. entered into a partnership with STANELY Healthcare, a leading provider of healthcare products, to integrate Impinj’s Platform with MobileView Real-Time Location Systems (RTLS) software platform to offer RFID products for application in the healthcare industry.