Global Pipeline Strainer Market 2020-2024 | Evolving Opportunities with Armstrong International Inc. and Eaton Corp. Plc

 

The pipeline strainer market is poised to grow by USD 550.69 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period.

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The market is driven by the adoption of automatic strainers. In addition, the emergence of IoT for pipeline management is anticipated to boost the growth of the pipeline strainer market.

Periodic maintenance of permanent strainers that are fitted between pipelines proves to be tedious task as the flow between pipelines needs to be often stopped. To overcome such drawbacks, vendors have introduced automatic self-cleaning strainers in the market. These strainers are backed with tubular backwashing and mechanical cleaning technologies that require less maintenance and thus help to improve the efficiency of the fluid process. Owing to such benefits, end-users are increasingly adopting automatic strainers despite their high costs compared to standard pipeline strainers, which will boost the market growth.

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Major Five Pipeline Strainer Companies:

Armstrong International Inc.

Armstrong International Inc. operates the business across various segments such as Steam & Condensate, Hot Water For People, Hot Water for Industry, Humidification, Flow Measurement, Heat Transfer Products (Coils), Packaged Solutions, and SAGE by Armstrong. The company offers Y-type strainers and T-type strainers for various pipeline straining requirements.

Eaton Corp. Plc

Eaton Corp. Plc operates the business across various segments such as Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace, Vehicle, and eMobility. The company offers a wide range of simplex basket strainers for various end-user applications.

Hayward Industries Inc.

Hayward Industries Inc. operates the business across various segments such as Thermoplastic valves, Actuation, Pressure and flow control, Instrumentation, Strainers, Filters, Pumps, and Accessories. The company offers Y-strainers such as YS Series Y-Strainers and Y-Strainers screen replacements. It also provides basket strainers such as SB Series Simplex Basket Strainers, DB Series Basket Strainers, and basket replacements.

IFC Islip Flow Controls Inc.

IFC Islip Flow Controls Inc. operates the business across segments such as Stocking products, Fabricated products, and Replacement baskets. The company offers a wide range of pipeline strainers such as cast Y Strainers, cast basket strainers, fabricated tee strainers, fabricated basket strainers, fabricated Y strainers, among others.

Keckley Co.

Keckley Co. operates the business across various segments such as Ball valves, Pipeline strainers, Fabricated strainers, Check valves, Knife gate valves, Float and lever valves, Control valves, Pump accessories, and Line blinds. The company offers a wide range of pipeline strainers. Some of the products offered by the company include Y-strainers, simplex basket strainers, duplex basket strainers, fabricated tee strainers, among others.

Pipeline Strainer Market Application Outlook (Revenue, USD mn, 2020-2024)

·         Industrial - size and forecast 2019-2024

·         Commercial - size and forecast 2019-2024

·         Residential - size and forecast 2019-2024

Pipeline Strainer Market Geographic Outlook (Revenue, USD mn, 2020-2024)

·         APAC - size and forecast 2019-2024

·         Europe - size and forecast 2019-2024

·         MEA - size and forecast 2019-2024

·         North America - size and forecast 2019-2024

·         South America - size and forecast 2019-2024

·         Key leading countries

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Global Automotive Engine Oil Level Sensor Market - APAC to Drive Growth 2020

The global automotive engine oil level sensor market predicts a CAGR close to 5% during the period 2017-2021.The report segments the global automotive engine oil level sensor market by end-user, including OEMs and aftermarket, and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Here are some key findings of the global automotive engine oil level sensor market, according to Technavio automotive researchers:

·         Rapidly increasing electronic content per vehicle: a major market driver

·         In 2016, the OEMs segment dominated the market by occupying almost 85% share

·         APAC dominated the global automotive engine oil level sensor market with 50% share in 2016

·         Bosch, Continental, Delphi Automotive, and HELLA are the leading players in the market

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Rapidly increasing electronic content per vehicle: a major market driver

OEMs have been trying to include advanced features in vehicles due to the growing consumer concerns about the safety, comfort, performance, and stability. This evolution has increased the growth of electronics and reduced the utility of mechanical components in the automotive industry.

Technological advances and increasing adoption of the same by end-users of cars will increase the percentage of electronic content in cars and commercial vehicles. Such developments are expected to drive the market for automotive sensors such as automotive engine oil level sensors. They may also enhance powertrains and transmissions, which will further drive the market for sensors and electronic content in vehicles.

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APAC: largest automotive engine oil level sensor market

Countries such as China and India are witnessing promising economic growth which is boosting the number of market opportunities for passenger cars, thereby attracting global automobile manufacturers to this region. The demand for automotive sensors is increasing as key players are investing in technology and modern mass production systems. The key countries in this region includes China, India, Japan, and South Korea, with China leading the market for passenger cars. Significant investments in infrastructure and industrialization have proved to be instrumental in the growth of the commercial vehicles market. This has led to the largest per unit installation of automotive engine oil level sensors.

According to Ganesh Subramaniam, a lead analyst at Technavio for research on automotive electronics, “OEMs witness significant cost benefits when a supplier base is established in APAC, as it enables them to collaborate on working models which may lead to innovation in drivetrain technologies for future vehicles. Such a development may expand the market for sensor manufacturers in APAC.”

Competitive vendor landscape

The global automotive engine oil level sensor market consists of many international players. However, owing to differentiated and efficient product offerings, the market is concentrated with top players accounting for the maximum portion of the market. Due to the growing competition among automobile manufacturers, the market is expected to grow at a rapid pace in the future, with vendors offering efficient systems as a differentiating factor. Emphasis of automobile manufacturers on autonomous technology is also expected to drive the market growth during the forecast period.

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Global Aero Structure Equipment Market 2020-2024 | Evolving Opportunities with Ascent Aerospace LLC and Broetje-Automation GmbH

 

The global aero structure equipment market is poised to grow by USD 306.59 million during 2020-2024, progressing at a CAGR of over 9% during the forecast period.

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The market is driven by the influence of nanocomposites in airframe manufacturing. In addition, the implementation of composite materials is anticipated to boost the growth of the aero structure equipment market.

The preference for and production of efficient airframe aero structures is increasing due to the growing demand for lightweight and fuel-efficient aircraft. The airframe is the mechanical structure of an aircraft that includes undercarriage, fuselage, and wings. These lightweight structures are nanocomposite-based aircraft parts. OEMs in the aviation industry use carbon nanotube reinforced polymer (CNRP) as the composite material to develop the airframe structure. These aircraft parts have high multifunctional and mechanical properties. Thus, the influence of nanocomposites in airframe manufacturing is expected to drive market growth during the forecast period.

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Major Five Aero Structure Equipment Companies:

Ascent Aerospace LLC

Ascent Aerospace LLC operates the business under various segments such as Tooling, Automation, and Integration. The company offers simple semi-automatic solutions. The company also provides products for intelligent tooling, assembly tooling, additive manufacturing, facility tooling, and other purposes.

Broetje-Automation GmbH

Broetje-Automation GmbH offers products through the following business units: Automated Assembly, Drilling and Fastening, Sealing, and Software. The company offers Composite Handling System. They also provide automated fastening and positioning solutions and customized software solutions.

Electroimpact Inc.

Electroimpact Inc. operates under various business segments, namely Riveters, Drilling Machines, Accurate Robot Technology, Specialty Products, and Others. The company offers products such as Electromagnetic Dent Remover, Boeing 767, Boeing 737, and others. They also provide different types of drilling machines.

KUKA AG

KUKA AG offers products through the following business segments: Systems, Robotics, Logistics Automation, Healthcare, and China. The company offers Standardized Cells, Industrial Robots, Smart Software, and Customized Manufacturing Cells. They also provide automation solutions and customized solutions.

Lisi Aerospace SAS

Lisi Aerospace SAS offers products through the following business segments: Aerospace, Automotive, and Medical. The company offers products such as turbine cylinders, lockbolts, and latches, and expandable bolts. They also provide safety mechanical components and metallic and plastic assembly solutions.

 

Global Plant Based Protein Products Market 2023| Expanding Vegan Population Base to Boost Demand

 

The global plant-based protein products market to grow at a CAGR close to 9% during the forecast period, according to their latest market research report.

Increasing health consciousness is one of the major trends being witnessed in the global plant-based protein products market 2019-2023. The increasing instances of obesity and related diseases is making consumers more health conscious and they are demanding food and beverage products that are natural and low in fat and calorie content. To cater to the changing consumer demands, players have started coming up with new plant-based products that have lower fat and calorie content. The health and wellness trend is gaining popularity among consumers, especially young consumers in the age group of 18-32 years. Many consumers are also ready to pay a premium price for healthy products that offer various functional benefits. The increasing demand for healthy food and beverage products will thus help in the growth of the global plant-based protein products market during the forecast period.

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According to Technavio analysts, one of the key factors contributing to the growth of the global plant-based protein products market is the expanding global vegan population base:

Global plant-based protein products market: Expanding global vegan population base

The expanding global vegan population base is one of the primary growth drivers of the global plant-based protein products market. With rising awareness about the various health benefits of vegan diets, the number of people adopting vegan lifestyles is increasing across the globe. It is estimated that the number of consumers who are opting for plant-based diets over animal-based diets is increasing, and the trend is more common among millennials. The number of vegan consumers is increasing in countries such as the US and Canada. The vegan lifestyle is gaining popularity among the young population in Mexico and is expected to increase further during the forecast period. The number of people adopting a vegan lifestyle is also increasing in European countries such as the UK, Germany, and France. Thus, the growing global vegan population will help in the growth of the global plant-based protein products market during the forecast period.

According to a senior analyst at Technavio, “Apart from the growing vegan population, other factors boosting the growth of the market are celebrity endorsements of plant-based products, increasing number of product launches, and the emergence of private label brands.”

Global plant-based protein products market: Segmentation analysis

The global plant-based protein products market research report provides market segmentation by product (soy protein, wheat protein, pea protein, others), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The Americas held the largest share of the market in 2018, accounting for close to 53% share, followed by the EMEA and APAC respectively. Although APAC held the smallest share of the market, it is expected to witness the maximum increase in its market share over the forecast period followed by the EMEA region.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

·         Market ecosystem

·         Market characteristics

·         Market segmentation analysis

Market Sizing

·         Market definition

·         Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

·         Regional comparison

·         Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

·         Vendors covered

·         Vendor classification

·         Market positioning of vendors

·         Competitive scenario

 

Global Whey Protein Ingredients Market 2023 | Increasing Use of Whey Protein in Clinical Nutrition to Boost Growth

 

The global whey protein ingredients market is expected to post a CAGR of over 8% during the period 2019-2023, according to the latest market research report by Technavio.

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The increasing awareness about the health benefits of whey protein among consumers is one of the key factors that will help in the growth of the global whey protein ingredients market during the forecast period. As people are becoming more health-conscious, their emphasis on healthy and balanced diets, physical exercise, and active lifestyle has increased. This has intensified the demand for whey protein products as it aids in weight management, boosts immunity, helps lower blood pressure, lowers cancer risk, and promotes muscle growth. Thus, increasing awareness about the health benefits of whey protein will help improve the sales of whey protein products and have a positive influence on the overall growth of the global market.

As per Technavio, the increasing use of whey protein in clinical nutrition, will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Whey Protein Ingredients Market: Increasing use of whey protein in clinical nutrition

Currently, whey protein is becoming a popular ingredient in various clinical applications owing to its rich nutrient content, which includes amino acids and several other bioactive constituents. The nutrients present in whey protein help in the treatment of various common conditions such as sarcopenia, obesity, and malnutrition. They expedite post-illness recovery as well. Moreover, the high leucine content in whey protein helps boost muscles synthesis even in the absence of physical activities. Thus, such application of whey protein in clinical nutrition can positively influence the growth of the market during the forecast period.

“Apart from the increasing use of whey protein in clinical nutrition, the wide application of whey protein across industries is another factor that will aid in the growth of the global market. At present, whey protein is being used in the food and beverage, cosmetics, and animal food products industries. Thus, the wide-spread applications of whey protein across various industries will aid the growth of the global whey protein ingredients market during the forecast period,” says a senior analyst at Technavio.

Global Whey Protein Ingredients Market: Segmentation Analysis

This market research report segments the global whey protein ingredients market by product (whey protein concentrate, whey protein isolate, hydrolyzed whey protein, and others) and geographical regions (North America, Europe, APAC, South America, and MEA).

The North American region led the market in 2018, followed by Europe, APAC, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to the increasing awareness among consumers about the health benefits of whey protein in the region.

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Global Software-Defined Storage Market 2020-2024| Surge in Cloud Adoption to Boost Market Growth

 

The global software-defined storage market size is expected to grow by USD 42.79 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth, according to the latest market research report by Technavio.

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The adoption of cloud solutions has increased significantly, owing to their benefits including a reduction in costs, enhanced scalability, and higher efficiency. This increases the demand for software-defined storage as it simplifies storage management, and addresses data management challenges in cloud computing. Thus, the increasing adoption of cloud solutions will fuel the growth of the software-defined storage market during the forecast period.

As per Technavio, the rise of hyper-converged technology will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Software-Defined Storage Market: Rise of Hyper-Converged Technology

The adoption of hyper-converged technology is increasing significantly as it helps enterprises avoid dependency on multiple storage, compute, and networking systems as all three systems can be run in a virtualized environment to enhance resource utilization. Furthermore, it reduces power consumption and optimizes space, resulting in increased speed, and efficiency of data centers. Software-defined storage is available via multiple options, such as hyper-converged infrastructure software, hypervisor, scale-out storage, containers, and distributed file systems. Thus, the rise of hyper-converged technology is expected to be one of the key trends that will fuel the growth of the software-defined storage market during the forecast period.

Software-Defined Storage Market: Segmentation Analysis

This market research report segments the software-defined storage market by end-user (BFSI, telecom and IT, government, healthcare, and others) and geography (North America, APAC, Europe, South America, and MEA).

The North American region led the software-defined storage market in 2019, followed by APAC, Europe, South America, and MEA respectively. During the forecast period, the North American region is expected to register the highest incremental growth due to factors such as the increasing demand for data center connectivity network from enterprises, the imminent launch of 5G, and the adoption of advanced technologies.

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Insights on the Global Ophthalmology PACS Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats

 

The ophthalmology PACS market and it is poised to grow by USD 59.9 million during 2020-2024, progressing at a CAGR of 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

·         At what CAGR is the market projected to grow during the forecast period 2020-2024?

·         Growing at a CAGR of almost 9%, the market growth will accelerate during the forecast period of 2020-2024.

·         What is the key factor driving the market?

·         Surging demand for telehealth & m-Health solutions is one of the key factors driving market growth.

·         What are the top players in the market?

·         Agfa-Gevaert NV, Carestream Health Inc., Carl Zeiss AG, EyePACS LLC, FUJIFILM Holdings Corp., INFINITT Healthcare Ltd., International Business Machines Corp., Mach7 Technologies Ltd., Topcon Corp., and Visbion Ltd. are some of the major market participants.

·         Which region is expected to hold the highest market share in the market?

·         North America

·         What is the major trend of the market?

·         Number of smart hospitals is a major growth factor for the market.

·         What is the year-over-year growth rate of the global market?

·         The year-over year growth rate for 2020 is estimated at 8.40%.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agfa-Gevaert NV, Carestream Health Inc., Carl Zeiss AG, EyePACS LLC, FUJIFILM Holdings Corp., INFINITT Healthcare Ltd., International Business Machines Corp., Mach7 Technologies Ltd., Topcon Corp., and Visbion Ltd. are some of the major market participants. The surging demand for telehealth & m-Health solutions will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Ophthalmology PACS Market 2020-2024: Segmentation

Ophthalmology PACS Market is segmented as below:

·         Type

o    On-premise PACS

o    Web/cloud-based PACS

·         Geographic Landscape

o    Asia

o    Europe

o    North America

o    ROW

Ophthalmology PACS Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our ophthalmology PACS market report covers the following areas:

·         Ophthalmology PACS Market size

·         Ophthalmology PACS Market trends

·         Ophthalmology PACS Market analysis

This study identifies number of smart hospitals as one of the prime reasons driving the ophthalmology PACS market growth during the next few years.

Ophthalmology PACS Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the ophthalmology PACS market, including some of the vendors such as Agfa-Gevaert NV, Carestream Health Inc., Carl Zeiss AG, EyePACS LLC, FUJIFILM Holdings Corp., INFINITT Healthcare Ltd., International Business Machines Corp., Mach7 Technologies Ltd., Topcon Corp., and Visbion Ltd. Backed with competitive intelligence and benchmarking, our research reports on the ophthalmology PACS market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.