Commercial Refrigeration Equipment Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Witnessing an uptick of 3.4% over 2018, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 46 Bn by 2019 end. As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2019 – 2029. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

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COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS
  • Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment.
  • North America and Europe would collectively account for over half of the market value share by 2029 end.
  • The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players.
  • The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely impact the market growth.
  • The higher average unit cost of freezers & refrigerators allude lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2018.
  • Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators.
  • Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2019, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

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

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By segmentation:

The global commercial refrigeration equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Product

  • Beverage Refrigerator
    • Drinking Fountain
    • Soda Fountain
    • Beer Dispensing Equipment
    • Beverage Coolers
  • Freezers & Refrigerators
    • Freezer & Chillers
      • Blast Chiller/Stock Freezers
      • Contact Freezers
    • Refrigerators
      • Walk-in-Refrigerators
      • Reach-in Refrigerators
  • Transportation Refrigerators
    • Trailers
    • Trucks
    • Shipping Containers
  • Glass Door Merchandizers
    • Hinged Door
    • Sliding Door
  • Display Cases
    • Ice Cream Cabinets
    • Bakery/Deli Display
  • Beverage Dispensers
  • Refrigerated Vending Machine
  • Ice Machine
  • Ice Cream Machine

By Application

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

By Region

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

In 2018, the top four stakeholders including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation collectively accounted for 20-25% revenue share. The emergence of a large number of small players in developing countries has resulted into price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

Saudi Arabia Pharmaceutical Market to Reach US$ 5.2 Bn in 2016 Due to Rising Demand for Branded Drugs

The significant rise in lifestyle-related diseases and the developments in healthcare infrastructure are expected to influence the demand for pharmaceuticals in Saudi Arabia. In 2016, the Saudi Arabia pharmaceutical market is anticipated to procure value worth US$ 5,209.5 Mn at a y-o-y growth of 6.0 % over 2015. The mounting demand for branded drug products will continue to incite the growth of the Saudi Arabian pharmaceutical market in 2016.

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The demand for pharmaceuticals in Saudi Arabia is expected to register substantial growth owing to the increasing penetration of health insurance companies and the rising incidence rate of non-communicable diseases. Furthermore, the exceptional rise in the per capita income of Saudi Arabia is also expected to foster the demand for branded pharmaceutical drugs. Another key factor driving the growth of the pharmaceutical market in Saudi Arabia is the country’s strategic move to allow 100% FDI in the pharmaceuticals sector. Although, the shortage of profound indigenous research capacity in the pharmaceutical industry and the delayed registration of drug and medicine patents is expected to limit the expansion of the market in 2016 and beyond.

Based on the product type, the pharmaceutical market in Saudi Arabia is expected to witness an upsurge in the prescription-type branded drug products. In terms of market value, the branded drugs are estimated to reach US$ 2,760.8 Mn by 2016-end. The demand for generic drugs is projected to secure steady growth, attributing to the insisting promotion of generic drug adoption by healthcare insurance providers.

On the basis of the diseases, the pharmaceutical drugs used for treatment of cardiovascular diseases will continue exhibiting robust growth in 2016. The demand for cardiovascular medications will continue to surge due to the prominence of circulatory disorders in Saudi Arabia. Additionally, the rising prevalence of disorders related to body sugar levels is expected to make diabetes a rapidly growing disease-based sub-segment in the Saudi Arabia pharmaceutical market.

The pharmaceutical market in Saudi Arabia is also segmented on the basis of distribution channel, where retail pharmacies will continue to account for 80% market share compared to hospital pharmacies. The westernised modernisation of retail pharmacies in Saudi Arabia has led to the availability of a wide range drugs and medicinal products, thereby attaining a considerable growth in the retail pharmacy sub-segment in 2016 and further.

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The rising resource potential in Saudi Arabia is projected to positively reform the production environment for pharmaceutical manufacturers. In order to expand the market’s size, structuring alliances with well-established native companies is predicted to be a key strategy for global pharmaceutical leaders. The key players in the Saudi Arabia pharmaceutical market include Novartis AG, SPIMACO, Pfizer Inc., and Glaxosmithkline plc., Jamjoom Pharma,  and Tabuk Pharmaceutical Manufacturing Co. among others.

Long-term Outlook: The Saudi Arabia pharmaceutical market is expected to expand at a CAGR of 9.0% over the forecast period 2016-2026. In terms of market value, the pharmaceutical market in Saudi Arabia is estimated to be worth US$ 12,281.4 Mn by the end of forecast period.

Produced Water Treatment Systems Market Competitive Growth Strategies Based on Type, Applications, End User and Region

The global oil and gas industry was a major victim of the COVID-19 pandemic due to a drastic slump in energy demand. Such was the impact of the pandemic on the oil industry that benchmark Brent crude oil prices plummeted to a historic low of under US$ 20 per barrel in April, 2020.

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This led to most major oil producing countries such as Saudi Arabia, Russia, Iraq, UAE, etc. resorting to production cuts to stabilise global crude prices. These production cuts still continue. The net result of this downturn for the market was a reduction in demand for produced water treatment systems.

  1. The global produced water treatment systems market size in 2018 was ~US$ 6 Bn.
  2. The demand for water treatment systems is expected to grow at a CAGR of ~6% during the forecast period of 2019-2029.
  3. Upsurge in the demand from the oil and gas industry, and stringent government regulations has been recently driving the sales of produced water treatment systems.
  4. Collectively, South Asia Pacific and East Asia are likely to account for half of the revenue shares in the produced water treatment systems industry by the end of 2029.
    • South Asia Pacific, attributing to the strong presence of the oil & gas industry, is expected to continue to be a prominent regional market for produced water treatment systems manufacturers.
  5. The offshore reinjection segment is expected to remain a prominent application area to invest in, for major players involved in produced water treatment systems.
    • The oil & gas industry has witnessed significant growth over the recent past, and rapid oil & gas exploration activities has been particularly noteworthy.
    • Noteworthy application potential of produced water treatment systems has been identified in the offshore reinjection category.

On the basis of technology, FMI has segmented the produced water treatment system into primary, secondary, and tertiary.

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Onshore crude oil industry in North America represented 49.14 Bn barrels or 79.1% of produced water in 2012. FMI expects this to reach 116.29 Bn barrels, or 70.6% in 2020. On the other hand, offshore natural gas segment is projected to reach a volume of 7.66 Bn barrels by 2020.

Crude oil and natural gas market has a direct impact on the demand for produced water treatment systems. According to FMI’s analysis, natural gas production in North America is anticipated to expand at a CAGR of 1.1% during the period 2014-2020, whereas, growth of crude oil production is set to increase at a CAGR of 4.8% between 2014 and 2020.

The produced water treatment systems market in Europe is expected to reach a valuation of US$ 1,191.6 Mn by 2020. FMI estimates the market in Europe to expand at a CAGR of 4.6% during the forecast period. Demand for secondary treatment systems is anticipated to expand at a moderate rate during the forecast period, however, FMI expects it to remain the dominant segment through 2020. On the other hand, stringent regulation on part of the governments in Europe is expected to fuel the development of tertiary treatment technologies in the near future.

Asia Pacific produced water treatment systems market, valued at US$ 960.7 Mn in 2014, is anticipated to increase at a CAGR of 4.8% during the forecast period and reach a valuation of US$ 1275.2 Mn. In terms of revenue, primary produced water systems technology is expected to be the largest contributor in Asia Pacific by the end of forecast period, owing to the growing number of new produced water treatment installations in the region. According to FMI, the growth of the market in Asia Pacific is expected to be driven by a large number of new installations.

By Segmentation:

By Capacity (thsnd bl/day)

  • Less than 100
  • 100 to 500
  • Above 500

By Technology

  • Primary
  • Secondary
  • Tertiary

By Application

  • On Shore
  • Off Shore

By Region

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

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Competitive Analysis:

The key stakeholders in the global produced water treatment system market can be broadly categorised into treatment systems, mobile systems and rental service, and commissioning and consulting services. Schlumberger, Cetco, and Miox, Ovivo, and Global Water Engineering are companies that have a presence in all of the above-mentioned three categories.

Interleukin-6 (IL-6) Inhibitors Market : The Trends Driving Growth And Shaping The Future 2030

Interleukin-6 (IL-6) inhibitors are the inhibitors of cytokine Interleukin-6 (IL-6) to curb the diseases and symptoms induced by Interleukin-6 such as fever, inflammations, and autoimmune diseases including arthritis, asthma and cancer.

Interleukin-6 (IL-6) inhibitors are inhibitors of IL-6 and IL-6 receptors (IL-6Rs) to curb rheumatoid arthritis, Castleman’s disease (CD), cancers and asthma.

According to the World Health Organization, the globally 18% of women of above 80 years and 9.6% of men are suffering from arthritis. The American Cancer Society has stated the surge of 4,300 to 5,100 of CD in the U.S.

Coronavirus has surged the market of Interleukin-6 (IL-6) inhibitors with its demands to ameliorate severe pneumonia, alveolar damages. Tocilizumab and Sarilumab are in active use against Coronavirus and siltuximab are under investigation.

Current augmentations of improving healthcare industry, increasing therapeutic demands, active development of Interleukin-6 (IL-6) inhibitors and Coronavirus anticipates for the further future growth of global Interleukin-6 (IL-6) inhibitors.

Interleukin-6 (IL-6) Inhibitors Market: Drivers and Restraints

The driver of global Interleukin-6 (IL-6) inhibitors market includes the high target specificity and affinity of Interleukin-6 (IL-6) inhibitors and its availability, rising cases of rheumatoid arthritis, Castleman’s disease, cancer, arteritis and several other autoimmune and inflammatory diseases.

The global Interleukin-6 (IL-6) inhibitors market drivers include the availability of highly specific and efficient Interleukin-6 (IL-6) inhibitors, increasing autoimmune diseases and cancer, raising awareness, key market players, advancing research and healthcare expenditures.

The available Interleukin-6 (IL-6) inhibitors are highly efficient and target specific. Interleukin-6 (IL-6) inhibitors are primarily used for the treatment of Rheumatoid Arthritis, Castleman’s disease and cancers.

The positive outcomes of R&D, clinics trials and FDA approvals potentiate the lucrative growth spurt of Interleukin-6 (IL-6) inhibitors market, supported by government aids and awareness campaigns.

The manufactures and vendors are working with the key focus of improved efficacy, target specificities of the Interleukin-6 (IL-6) inhibitors, also strategic collaborations and alliances, and biologic development in the Interleukin-6 (IL-6) inhibitors domain are propelling the market.

However, the global Interleukin-6 (IL-6) inhibitors market decelerates by the adverse reactions, high cost and stringent regulations. Despite these restraints, the global Interleukin-6 (IL-6) inhibitors market is poised to grow lucratively by the supportive reimbursement policies for cutting down the cost and expenses, and the several potential including Olokizumab, Elsilimomab, Sirukumab, Clazakizumab and many more.

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Interleukin-6 (IL-6) Inhibitors Market: Overview

The global Interleukin-6 (IL-6) inhibitors market is poised to grow at a lucrative rate by the rising autoimmune diseases, improved Interleukin-6 (IL-6) inhibitors and advancing healthcare and research.

By disease type, Rheumatoid Arthritis dominates the segment with its rising cases and the active use of Interleukin-6 (IL-6) inhibitors (Tocilizumab) for treatment. By Interleukin-6 (IL-6) inhibitors type, the Tocilizumab rules the segment with its massive application for Rheumatoid arthritis, Systemic juvenile idiopathic arthritis Castleman’s disease (CD), giant cell arteritis and lung carcinomas.

Siltuximab segment is growing at a faster rate with its application for prostate cancer, renal cancer and CD. By distribution channels type, retail pharmacies segment holds the largest market of Interleukin-6 (IL-6) inhibitors distributions, driven by its convenience, drug availability and increasing numbers of retail pharmacies globally.

Interleukin-6 (IL-6) Inhibitors Market: Regional Outlook

North America leads the global Interleukin-6 (IL-6) inhibitors market with the increasing autoimmune diseases and cancer, supportive campaigns and programs for patients, recent Interleukin-6 (IL-6) inhibitors approvals and the key players.

Europe holds the second largest global Interleukin-6 (IL-6) inhibitors market due to the advanced healthcare infrastructure, expenditure and high demands. The Asia-Pacific Interleukin-6 (IL-6) inhibitors market are anticipated with further growth, driven by the rising awareness of diseases and treatments, advancing technology, healthcare and R&D.

Latin America Interleukin-6 (IL-6) inhibitors market is experiencing growth with the increasing research studies of Interleukin-6 (IL-6) inhibitors in the viral disease treatments. MEA & Africa is also growing with active research and clinical developments of Interleukin-6 (IL-6) inhibitors as therapeutics.

Interleukin-6 (IL-6) Inhibitors Market: Key players

The key players of global Interleukin-6 (IL-6) inhibitors market include

  • Roche
  • Sanofi
  • GlaxoSmithKline
  • Janssen
  • Tiziana Life Sciences
  • Regeneron
  • Novimmune
  • Vitaeris and Chugai Pharmaceutical.

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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The report covers exhaust analysis on:

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

Regional analysis includes:

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

Report Highlights:

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

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Interleukin-6 (IL-6) Inhibitors Market: Segmentation

The global Interleukin-6 (IL-6) inhibitors market is segmented into diseases, IL-6 inhibitors types, distribution channels and regions.

disease type:

  • Rheumatoid Arthritis
  • Castleman’s disease
  • Cancers (Renal cancer, prostate cancer )
  • Arteritis

IL-6 inhibitors types:

  • Tocilizumab
  • Siltuximab
  • Sylvant

distribution channels :

  • Retail Pharmacies
  • Hospital pharmacies
  • Online pharmacies

Steel Pipe Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Pipes are a prominent and integral part of every human being’s everyday life, which include transporting water, oil & gas, sewage & sanitation, etc. Steel pipes are one of the types used in the pipe industry for both industrial and housing purposes. Steel pipes are categorised as carbon steel pipe, stainless steel pipes and others. These pipes are mostly used in the water supplying and sewage systems due to its durability and low cost.

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Global Steel Pipe Market: Region-wise outlook

Asia Pacific is estimated to have a major share in the global steel pipe market. China has many manufacturers in the steel pipe industry, which makes it a dominating player in the Asia Pacific market. The countries in North America, such as the U.S. and Canada with developed steel manufacturing industries, represent as prominent regional markets.

Moreover, the U.S. has produced a wide range of products related to carbon and stainless steel. The U.S. president Mr. Donald Trump also signed a memo for new steel pipelines with the use of U.S.-manufactured raw steel. Based on these factors, the U.S. is estimated to have a hefty market share in the steel pipe market globally. The replacement of ageing pipelines in Europe is expected to gain high market growth over the coming years. Latin America has sluggish growth in the global steel pipe industry market. The Middle East and Africa is estimated to show sustainable growth due to rising oil and gas industries.

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 steel pipe market can be segmented on the basis of material type and application:

Based on the material type, the global steel pipe market is segmented as:

  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Tool Steel

Based on the application, the global steel pipe market is segmented as:

  • Automotive industry
  • Construction and mining
  • Textile Machinery
  • Chemicals
  • Pharmaceuticals
  • Energy industries
  • Refinery Petrochemicals
  • Oil and Gas Processing
  • Water treatment facilities

Global Steel Pipe Market: Drivers

As the oil and gas industry is growing rapidly, the demand for steel pipes is also increasing. Features such as reliability and durability are some of the prominent factors driving the global demand for steel pipes. Steel pipes have a wide range of usability, they are used in the automotive, mining and construction industries, which drives the manufacturing steel pipe industry. The available range of steel pipes becomes one of the reasons surpassing the demand of residential and non-residential sector of steel pipes. The replacement of ageing pipelines also increases the global demand of steel pipes.

Global Steel Pipe Market: Restraints

Substitutes such as iron and plastic pipes, which create diversions for the manufacturer towards other material pipes, are estimated to restrain the market growth. The corrosive behaviour of carbon steel pipes is one of the restraining factors, and the high cost of stainless steel also hinders the growth of the global steel pipe market.

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Market Participants

Examples of some of the participants of the global steel pipe market are:

  • Arcelor Mittal
  • American Cast Iron Pipe Company
  • Baosteel Group corporation
  • Evraz Plcevraz plc
  • Anhui Tianda Oil Pipe Company Limited
  • Hyundai Steel Company
  • JFE Holdings Corporation
  • Zekelman Industries
  • Arabian Pipes Company
  • Nippon steel & sumitomo metal corporation
  • TMK Group
  • United States Steel
  • VALLOUREC
  • Steel Authority of India (SAIL)
  • Tata Iron and Steel,
  • Jindal Vijaynagar Steel (JVSL),
  • Essar Steel and Ispat Industries

Ball screw Market Competitive Growth Strategies Based on Type, Applications, End User and Region

A screw can be described as an inclined plane around a cylinder made of various material. Screw is a cylinder with a head (solid top) at one end and a pointed tip (like a nail) at the other end. More importantly, it has ridges winding around it. The ridges or grooves around the shaft or cylinder is the thread. Ball screw is one of such type screw utilized for specific industrial purposes.

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Ball screw serves the most critical and one of its kind purpose of converting rotatory motion into linear motion required in various operations.  Ball screw assembly consists of a ball screw and a ball nut as an assembly with recirculating ball bearings.  The interface between the ball screw and the nut is made by ball bearings which roll in matching ball forms. The ball nut and ball bearing determines the load and life of the ball screw assembly.  With expansion of various industries and rise in complex machines as well as industrial operations it can be anticipated that ball screw market will grow over the forecast period with a significant growth over the forecast tenure

Ball screw Market: Regional Outlook 

Regarding geography, the global automotive Ball screw market has been categorized into seven key regions including North and Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Japan, and the Middle East & Africa. The ball screw market is globally expected to register healthy CAGR during the forecast period.

Western Europe and Eastern Europe is also a prominent market for ball screw as both these region is well inundated with various type of industries. Japan has also a large no. of industry which creates demand of such ball screw MEA & Latin America both these region has been witnessing growth in oil & gas industry as well as other industries which is providing room for the demand of ball screw in this region as well

Regional analysis includes

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

Based on the end user industry, Ball screw market is segmented into:

  • Aviation
  • Energy & Utilities
  • Fabrication

Based on its applications, Ball screw market is segmented into:

  • Pipelines
  • PAXWAY
  • Industrial Robotics

Based on its sales channel, Ball screw market is segmented into:

  • OEM
  • Aftermarket

Ball screw Market: Drivers & Restraints

Ball screw are primarily used in cutting edge technology products. Ball screw has an extensive usage in airplane flaps. Further ball screw are also used in other operations such as aircraft passenger boarding bridge, PAXWAY, at airports, in control system for chemical plant piping, in control system for control rods used in nuclear power plants and a pressure tube inspection system. Aforementioned products and industries are indispensable part of today’s world and it has been gradually increasing which will subsequently fuelling the demand of ball screw. Across globe implementation of industrial automation as well as use of industrial robotics is rising for convenience of human, this type of system are also key consumer of ball screw.

High price of ball screw can only be a possible restraint for ball screw market in developing countries otherwise the requirement and usage of ball screw has limited substitute which makes it a demanding product.

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Market players 

Few of the key players of ball screw market are as follows

  • NSK
  • THK
  • HIWIN
  • SKF
  • Bosch Rexroth
  • TBI Motion
  • Schaeffler
  • Kuroda

Industrial Gauges Market Competitive Growth Strategies Based on Type, Applications, End User and Region

As automation becomes a vital step to match the pace of industry 4.0, numerous industries are embracing novel technologies that ease out their processes, which otherwise require supervision. An industrial gauge is one such innovation that accurately keeps a tab on the standard pressure or temperature, as per the need of the process. Surging the need for measurement of gaseous or liquid media to allow a seamless functioning of manufacturing systems has been boosting the adoption rate of industrial gauges.

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Government regulations, focused on ensuring labor safety, have incited the shift of industrialists towards industrial gauges in numerous industries including but not limited to dairy, power, chemical, refining, and food. Accuracy is of utmost importance to gauge the pressure or temperature of a media, manufacturers are expanding efforts in the development of digital industrial gauges to obtain precise measurements.

Industrial Gauges Market – Notable Developments

The leading players of the industrial gauges market are striving to increase their market share by investing in research and development activities to innovate the industrial gauges landscape. In addition, market players also resort to merger and acquisition activities to boost their presence in other geographies. Some of the key players operating in the industrial gauges market include Granville – Phillips Company, Grainger, Inc., Baumer Holding AG, KOBOLD Messring GmbH, ENFM USA. Inc., and H.O. Trerice Co.

  • In April 2019, Ashcroft Inc. averred that it has acquired Rüeger Holdings SA and STIKO Meetapparatenfabriek B.V. The underlying aim behind this transaction is to emphasize on protection of the workforce, processes, and profits of Ashcroft’s clientele. Both the acquired companies specialize in the manufacturing of temperature and pressure measurement instruments.
  • In February 2019, MKS Instruments announced the acquisition of Electro Scientific Industries, a leading laser-based manufacturing solution provider to the micro-machining industry. The transaction will help these companies expand their solutions for advanced markets and accelerate their innovation capabilities.

Pyrosales Pty Ltd

Founded in 1976, Pyrosales Pty Ltd is headquartered in Australia. The company specializes in the development of industrial instruments as well as measuring, displaying, and transmitting products. It has operational facilities in Brisbane, Melbourne, Sydney, South America, China, and the U.S. The company enjoys its reputation as one of the largest manufacturers of calibration devices, sensors and instrumentation, level and flow measurement gauges, and precision temperatures.

WIKA Instrument, LP

Established in 1946, WIKA Instrument, LP is based in the U.S. It operates as a subsidiary of WIKA Alexander Wiegand GmbH & Co. KG. The company boosts its competence in manufacturing pressure gauges, pressure transmitters, diaphragm seals, and thermometers. The broad product portfolio of the company includes meters and displays, level measurement products, pressure gauge mechanical and electrical temperature products, high precision and calibration test products, and similar accessories.

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Winters Instruments Limited

Found in 1953, Winters Instruments Limited is based in Toronto, Canada. The company focuses on the manufacturing of industrial instrumentation products for temperature and pressure measurement. It has an excellent global reach with its distribution partners being in over 90 countries.

North America to Remain a Lucrative Industrial Gauges Market

The North American industrial gauges market remains benefitted by the demand ascending from numerous manufacturing plants of end-use industries such as paper and pulp, chemical, dairy, and food and beverages, among others. However, Asia Pacific is anticipated to witness a significant surge in the demand for industrial gauges, as a large number of companies have been shifting their manufacturing facilities in the region to leverage the emerging opportunities. The Middle East and Africa also contribute to the growing adoption of industrial gauges as numerous petrochemical industries remain at the forefront of the demand for pressure and temperature gauges.

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 of the global Industrial Gauges market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with Industrial Gauges market attractiveness as per segments. The report also maps the qualitative impact of various factors on Industrial Gauges market segments and geographies.

By segmentation:

The industrial gauges market has been bifurcated based on:

  • Gauge Type
  • Application
  • End-use Industry
  • Region

Industrial Gauges Market Segmentation – By Gauge Type

  • Pressure
  • Temperature

Industrial Gauges Market Segmentation – By Application

  • Hydraulic systems
  • Boilers
  • Pumps
  • Compressors
  • Others

Industrial Gauges Market Segmentation – By End-use Industry

  • Chemical
  • Power
  • Dairy
  • Refining
  • Petrochemical
  • Pharmaceutical
  • Others

Industrial Gauges Market Segmentation – By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • The Middle East and Africa
  • Japan

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Industrial Gauges Market – Dynamics

‘Digital’ to Remain a Key USP of Industrial Gauges

With automation fuelling industrial advancements, end-use industries have been seeking instruments that optimize process efficiency and reduce overhead costs. As the perception of ‘digital’ being synonymous with ‘time-efficient’ penetrates deeper, industrialists are moving past their analog industrial gauges to adopt digital industrial gauges. In addition, digital industrial gauges can minimize the workforce required to interpret the readings, owing to their precision even during high vibration, which helps manufacturers control their operational costs. Driven by accuracy, the adoption of digital industrial gauges is likely to remain high in the upcoming years.

Krill Meal Market Current Impact To Make Big Changes 2027

Krill meal is a specialty feed ingredient, which is made up of small shrimp-like crustacean, Krill. Ithas been manufactured by the companies for more than 10 years. Krill meal is a rich source of protein and more than 200,000 tons of krill meal is transported worldwide. Although there are more than 80 species of krill and currently only 6 species of krill are fished,but the two major species of krill meal is Euphausia superba and Euphausia Pacifica.

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Species that is used to make high valued krill meal is the South Antarctic krill belongs to Euphausia superba species. Although krill is one of the most abundant creatures in the world, its industrial usage is still on the growth phase. Unlike fish meal, krill meal has more fat content, ethoxyquin and a natural stabilizing substance. Krill meal has negligible amount heavy metals and PCB’s. Krill meal is also a rich source of essential polyunsaturated fatty acids and amino acids. It krill meal helps in the promotion of growth, helps in increasing weight gain and feed conversion rates.

Market Segmentation:

Krill Meal market is segmented on the basis of use, distribution channel and region. On the basis of use market is segmented into human consumption, aquarium and aquaculture feed. Among all these segment application in aquaculture feed is expected to grow enormously in the coming future, ongoing research in krill meal will also boost the growth of pharmaceutical segment. The demand for Krill Meal is more due to the value it offers as well as ease of availability of its product in the market. On the basis of distribution channel the market is segmented into supermarkets/hypermarkets, convenience stores, medical stores and online stores. Convenience stores is expected to hold a relatively high share in the krill meal market.On the basis of region Krill Meal market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan.

Market Regional Outlook:

Regional segment for the market of Chromium polynicotinateisdivided into seven different regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, MEA and Japan. Among these segment North America is expected to have the major market share globally, as it is the largest producer and consumer of Chromium polynicotinate. In Asia Pacific region the countries like China and India are generating the major revenue. In terms of revenue Asia Pacific is the second prominent contributor in theChromium polynicotinatemarket.

Market Drivers:

The market of Krill Meal is driven by the increasing awareness among the consumers about the health benefits associated with it. Krill Meal is not only a rich source of protein but it also exhibits some special properties such as anti-inflammatory property, anti-cancerproperty and anti-oxidant property. Companies are producing Krillproducts for human consumption and will continue to do so because of the properties it exhibits.  These versatile properties of Krill Meal is attracting the pharmaceutical segment a lot and will defiantly drive the krill meal market in the forecast period. Factors that hamper the growth of krill meal market are availability of various alternate protein feeds which includes fish meal and soybean meal.

Market Key Players:

Some of the key players in Krill mealmarket are SipCarp, Qrill, Shandong Keruier Biological Company, La Merced, CYT INTERNATIONAL PTE LTD, Sunflower Enterprise, NUTRAFEED, SEAPRO, Qingdao Kangjing Marine Biotechnology Co, Beijing Jin-Ye Bioengineering Co., Ltd., A-Bank Co.,Ltdand INTERRYBFLOT among others.

The report covers exhaustive analysis on:

  • Krill Meal Market Segments
  • Krill Meal Extract Market Dynamics
  • Historical Actual Market Size, 2015 – 2016
  • Krill Meal Market Size & Forecast 2017 to 2027
  • Krill Meal Market Supply & Demand Value Chain
  • Krill Meal Market Current Trends/Issues/Challenges
  • Gin Krill Meal Market Players Competition & Companies involved
  • Krill Meal Market Technology
  • Krill Meal Market Value Chain
  • Krill Meal Market Drivers and Restraints

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Regional analysis for Ginkgo Biloba Extract Market includes:

  • North America
    • US & Canada
  • Latin America
    • Brazil, Mexico, Others
  • Western Europe
    • EU5
    • Nordics
    • Benelux
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts and inputs from industry experts. 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 regions.

Krill Meal Market

Report Highlights:

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

Floor Grinding Machine Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Grinding is the way toward removing metal by the utilization of abrasives which are bonded to form a rotating wheel. At the point when the moving rough particles contact the workpiece, they act as tiny cutting tools. The floor grinding machine is utilized for roughing and finishing flat, cylindrical, and cone-shaped surfaces; completing inward cylinders or bores; framing and sharpening tools, catching or expelling rough projections from castings, and stampings; cleaning, polishing, and buffing surfaces.

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Floor grinding is used for the removal of adhesives, imperfections, rain damage, coatings. Machines that granulate concrete floors are made to deal with much more anxiety and will have more power to drive the unit as concrete has substantially higher sliding friction than marble or granite which is likewise worked wet, along these lines with less friction. Some sorts of marble will spark when it is ground dry, making profound damage to the marble surface.

Concrete grinding and polishing have recently become famous in industrial settings, because of the number of favorable circumstances and benefits that it brings. The floor grinding machine smoothens the down rough concrete surfaces to uncover a smooth and shiny surface. Essentially, an overwhelming obligation granulating machine is utilized on the surface of the concrete slab, to polish it and make it look significantly more attractive. The floor grinding machines are made in a simple and robust but yet stylish and functional design.

Regional Outlook:

The global floor grinding machine market is segmented into seven geographic key regions includes North America, Eastern Europe, Latin America, Japan, Western Europe, Asia-Pacific excluding Japan and The Middle East, and Africa. The developing economies such as the Asia-Pacific region lead to a growth of floor grinding machines near future owing to the development of industries is followed by North America, Japan. The demand for global floor grinding machines is expected to rise shortly.

Key Players:

The few prominent key players of global floor grinding machine are:

  • Husqvarna AB
  • HTC Group
  • Blastrac
  • Klindex
  • Shanghai Tuomi
  • Xingyi Polishing
  • Scanmaskin Sverige AB
  • Superabrasive
  • Linux
  • Terrco
  • ASL Machines
  • Substrate Technology
  • Shanghai Qing
  • Roll Gmbh
  • Bartell Global
  • Weijie Environmental

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 geography, technology, and applications.

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, and Rest of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg, and Rest of Western Europe)
  • Eastern Europe (Poland, Russia, and Rest of Eastern Europe)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, and Rest of MEA)

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 an 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

By Segmentation:

Based on applications, the global floor grinding machine market is segmented into:

  • Grinding and Polishing
  • Concrete
  • Marbles
  • Limestone
  • Cement plate
  • Wood-parquet floor coatings
  • Removal
  • Grease
  • Machine Oil
  • Paintings
  • Cleaning
  • Floor coatings
  • Removal of mud
  • Treacle and other loose dirt
  • Buffing and stripping

Based on floor type, the global floor grinding machine market is segmented into:

  • Marble
  • Concrete
  • Granite
  • Limestone
  • Others

Based on end-use, the global floor grinding machine market is segmented into:

  • Industrial
  • Commercial

Based on the regions, the global floor grinding machine market is segmented into:

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Japan
  • Asia-Pacific excluding Japan
  • The Middle East and Africa

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Global Floor Grinding Machine: Market Dynamics:

Mainly industrial purpose drives the global demand of the floor grinding machine market. The floor looks attractive, increases the durability of the floor, is environment-friendly, and saving a lot of money are the factors that further leads to a rising demand for floor grinding machine. Simple design, robust construction, single-speed, high quality, functional, and price competitiveness are the factors that also propel the growth of the floor grinding machine market.

2021 Key Players – Covance(Labcorp), Eurofins Global Central Library, ICON Central Labs, Medpace Reference Laboratory

Pharmaceutical companies are seeking for ways to reduce cost of development and manufacturing their products. Central lab services are one of the most commonly outsourced services by these companies. Apart from reduced cost, the use of central labs also accelerates the drug development process. Central labs are generally fully outsourced by pharmaceutical and biopharmaceutical companies. Many CRO’s have become interested in central lab services, since they provide bundled services that allows them to take a broad range of services.

Some of the key strategies that the central lab market players impose are, bundling services and adopting advance technology solutions. Due to large volume of clinical trial study data and increasing complexity, bundled services offers a variety of services to pharmaceutical and biopharmaceutical companies at a discounted rate. Furthermore, adoption of advance technology and software to automate some process, aids in reducing time duration for some services, thereby reducing the cost of the clinical trial.

The pharmaceutical industry is evolving and strategic partnerships have become significantly more common across the industry. A number of companies sign multiyear, fixed price based service agreement with either a single central lab or multiple labs. For an instance, in 2016, Pfizer established relationship [p with its fourth strategic partner inventive Health. The company has already been in a partnership with ICON, Parexel and PPD.

Thus central lab market is expected to grow at a significant rate owing to the increase in number and complexity of clinical trials, increase in prevalence of diseases and increasing need to reduce the cost of trails along with the rising trend of outsourcing across the world.

Central Lab Market: Key Players

There are a number of large players in the central lab market. Some of the players that offer central lab services include, Covance(Labcorp), Eurofins Global Central Library, ICON Central Labs, Medpace Reference Laboratory, PPD Central Lab and Q² Solutions among many others.

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Central Lab Market: Drivers and Restraints

Increase in the complexity of clinical trials and its environment has led to the emergence and growth of a number of central labs across the world. Increase in number of clinical trials, reduced cost of trials, advancement in new therapies and drugs are some of the factors that argument the growth of the central lab market. However, regulatory challenges may hinder the growth of the market during the forecast period.

Central Lab Market: Overview

Central Lab market is segmented into service type, end users and regions. Central lab service provides have a number of services that may be bundled or singular services. These services can be broadly categorized as genetic services, biomarker development services, microbiology services, histology services, specimen management and storage services, specialty chemistry services including coagulation, electrophoresis, liquid chromatography and toxicology among other services.

Central Lab Market: Regional Outlook

North America combined with Europe take the maximum share of the radiation protection market. This is due to advancement in technology, increased healthcare budget, rise in awareness, and increasing number of interventional cardiology procedures in the regions. However in regions such as China and India, the growing demand for interventional cardiology procedures, ageing population and limited number of healthcare professionals has created an opportunity for the growth of the Central Lab market in such regions. Thus, the Central Lab market is expected to grow with a significant CAGR in the APAC region.

The report covers exhaustive analysis on:

  • Central Lab Market Segments
  • Central Lab Market Dynamics
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific Excluding China and Japan (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. 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 an in-depth analysis of parent market trends, macroeconomic 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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Central Lab Market: Segmentation

The global Central Lab market is segmented by service type, end users and region:

Based on the service type, the global Central Lab market is segmented into:

  • Genetic Services
  • Biomarker Services
  • Microbiology Services
  • Anatomic Pathology/Histology
  • Specimen Management & Storage
  • Special Chemistry Services
  • Others

Based on the end users, the global Central Lab market is segmented into:

  • Pharmaceutical Companies
  • Biotechnology Companies
  • Academic and Research Institutes

Report Highlights:

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

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