A needle that is used to carry out the amniocentesis test is known as the amniocentesis needle. This amniocentesis test is a type of a prenatal test, in which a small amount of the amniotic fluid is removed from the sac that surrounds the foetus. The fluid is then used for testing purposes and a fine needle used to remove the fluid, which is inserted into the abdomen being guided through ultrasound. After this, a laboratory analysis of the fluid is carried out.
The ultrasonic scan that is used to guide the guide the need le foe the extraction of the fluid and makes the use of high frequency sound waves in order to produce an image of the womb. It allows the doctors and the healthcare professionals to check the position the baby is in, facilitate in the finding of the best place, from where the amniotic fluid can be removed and lastly, ensure that the needle can be pass safely through the walls of the abdomen and the womb.
The first step in carrying out the test is the cleaning of the abdomen and then a syringe is used to insert a long and thin needle, called the amniocentesis needle to remove the sample of amniotic fluid then the next step is the lab analysis and observation the fluid is being sent for. However, in some of the women, that is around six women out of every hundred women, a problem does occur in extracting the fluid. Therefore, the needle then has to be inserted again to facilitate the proper removal of the fluid.
The importance of the test in the detection of various defect and diseases that pose a risk
Amniocentesis test is basically carried out in order to detect any birth defects that might be present in the baby, such as the Down syndrome, which is an abnormality that rises due to chromosomes. In addition, the amniocentesis test is able to detect other conditions such as sickle cell disease, cystic fibrosis or muscular dystrophy, and even Tay-Sachs among other diseases.
Amniocentesis test is used for the detection of neural tube defects, which are defects in which the brain and spinal column do not develop properly, such as spins bifida and anencephaly. Therefore, to limit the number of deaths that are caused due to congenital defects the demand for the amniocentesis needles, so that defects can be detected faster and thus, this is causing a surge in the development of the healthcare industry.
Measures to be taken before and after the test
One of the most important and essential parts of the test is to clean the abdomen, to minimize the risks of getting infections, then the next important step is to numb the desired are where the needle is to be injected with the amniocentesis needle. This procedure may or may not be necessary, but that depends on the condition of the patient.
After the test, the appropriate measures must be taken to avoid the pain, painkillers or over the counter drugs can be taken to quell the pain such as Paracetamol, but not Ibuprofen.
Product Offerings by Industry Players in Amniocentesis Needle Market
There are an increasing number of market players, involved in the provision of the enhanced and advanced products to cater to the demands for amniocentesis needles from different end-users such as hospitals, and diagnostic centres so that they can cement their market position further and increase their market share over the forecast period. For instance, Cooper Surgical Inc., provide amniocentesis needles that for single use and are packaged with full sterilization in sterilized packs. The product that they provide is called “Wallace Amniocentesis Needles” and have spiral tips to provide a much clearer visibility of the inner abdomen under the guidance of the ultrasound test. The parts and accessories that are available with this product are a 90 mm needle that weighs just 22g, a 120mm needle that weighs 21g and a 150mm needle weighing 21g, with 10 present in each of the box of this product. Laboratoire CCD, offers a product that is able to provide enhanced control over the procedure. The needle that they provide is sandblasted distal tip, which also sports a triple-bevels for facilitating an easier insertion. A stylet is used in order to increase the rigidity of the product, and the product is developed under strict adherence to Class IIa medical devices in packaged in sterile conditions.
Cook, another company that deals in the provision of medical devices and products offer their product called the “EchoTip Disposable Amniocentesis Needles” , which are used for the extraction of the fluid safely from the amniotic sac present in the abdomen. The EchoTip technology that the product makes use of is able to enhance the visualization of the needle tip under ultrasound screening, the needle also has a distal side port in order to get rid of the debris that may be accumulated on the needle during the test. In addition, the product is for single use and should be disposed after use in the test. LabIVF Asia Pte Ltd., is a company dealing in the provision of different types of equipment in order to cater to the rising demand from various end-users involved in provision of healthcare services. They offer their product called the “Amniocentesis Needles”, which are provided with stylets, are sterile and easily visible in the ultrasound and used for the sampling the amniotic fluids. The most valuable feature of the product is that the hubs of the needles are colour coded so that they can easily provide identification of the needle gauge and the needle length and the stylets of these needles can locate them selves so that blockages are prevented effectively. Therefore, the provision of these products, by the market players, is contributing to the increase in the amniocentesis needle market sizeover the forecast period.
Conclusion:
Currently, there are different lengths and gauges of amniocentesis needles are being used, but the 100-150mm needles are most common and are expected to hold a significant share in this market and is anticipated to witness a fast growth rate in the upcoming years due to the burgeoning demand from the hospitals and diagnostic centres. With respect to current market trends, it is anticipated that the Echotip and the colour coded hub needles will flourish in the upcoming years with demand being generated owing to the high amount of usage in the diagnostic centres. There is a growing need for a well-developed and good-quality product, which has good durability, reliability an efficiency among other essential characteristics. This is one of the major factors, which will continue to play a role in driving this market. In addition, it will attract many new entrants who will bring new and better changes and enhancement in amniocentesis needles. Thus, the market will remain competitive and it is projected to show modest growth in the upcoming years.
The Global Digital Signage Market is predicted to hold a market value of USD25.804 billion in 2024
Press ReleasesKnowledge Sourcing Intelligence announces the publication of a new report on “Digital Signage Market – Forecasts from 2019 to 2024" to their offering.
Digital signage is denoted as a sub-segment of signage by utilizing technologies like LCDs for displaying digital images and videos. It is further utilized for streaming media or gathering knowledge and information in a public space, transportation systems, exhibitions, museums and many more.
According to the report, the Digital Signage Market is projected to increase at a CAGR of 6.50% over the forecast period 2018-2024.
The augmenting retail sales is fueling the market growth in the forecast period
The increasing requirement of digital signages across all the industry verticals is driving the growth of global retail sales in the forecast period. At present, the offline sales channel is dominating over the online sales channel, with the internet penetration worldwide, the online mode is also gaining traction growing at a high CAGR in the forecast period. The construction of shopping malls, brick and mortar stores are growing at a sustainable pace and are quite successful in holding on to the interests of a range of people at the global level; hence, the in-store sales will never fade even if the online shopping is growing at a fast pace. According to the National Retail Federation, Washington DC, there are more than one million retail establishments throughout the United States and the retail sales have grown to almost 4% every year from 2010. The retail is further contributing USD2.6 trillion to the country’s GDP annually.
On the basis of Geography, North America is projected to hold a significant share in the forecast period
The early adoptions of technology and innovation are driving the market growth in the North American region which is predicted to hold a large market share in the global digital signage market. Also, the presence of various end-use industries requiring digital signage is further propagating the market demand in North America over the next five years. On the other hand, the APAC region is estimated to be the fastest-growing market owing to the growing tourism industry in the region and growing application in several retail stores, hospitals, and corporate offices. The growing urbanization has led to the development of various shopping malls in order to satiate the needs of the evolving urban population, further propelling the market demand.
The major players covered as part of the report are Samsung, Panasonic Corporation, SHARP Corporation, and Sony Electronics Inc. among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-digital-signage-market
This report has segmented the digital signage marketon the basis following terms
By Product
By Solutions
By Industry Vertical
By Geography
Medical Devices Packaging Market is estimated to grow at a CAGR of 5.39% to reach a value of US$31.153 billion by 2025
Press ReleasesThe primary function of global medical device packaging apart from the very meaning that is derived from the name itself is of paramount of importance due to a few factors that range from the ability to maintain sterility of medical devices across the supply chain; the ability to protect medical devices from contamination as well as mechanical damage during transportation and storage thereby contributing to the sustenance of overall product quality & integrity.
According to the report, the medical device packaging market is projected to grow at a CAGR of 5.39% to reach over the forecast period 2019-2025. Moreover, with the above-mentioned benefits of medical devices packaging solutions, various technological developments in the medical packaging; continuous investment in research and developments that are giving rise to several advanced medical devices which in turn is giving rise to specialized packaging as well as the growing awareness leading to increase in healthcare spending will lead to an exponential growth in the medical devices packaging market. From a regional perspective, the medical device packaging market in North America is expected to account for the largest share in the market due to the presence of a large number of medical device companies that facilitate expeditious innovations in the medical device industry.
The latter is also the case for European markets. The number of exports to other countries is also other factors that have resulted and will also lead to healthy growth in the medical device packaging market during the forecast period. From the perspective of the USA, it is important to note that, the country retains its global position of being the largest medical device market of the world that accounted for US$156 billion (40 % of the global medical device market in 2017). By 2023, it is expected to grow to the US $208 billion. Medical devices exported by the U.S. according to the key product categories as identified by the Department of Commerce exceeded US $43 billion in 2018. R&D spending continues to represent a high percentage of medical device industry expenditures, averaging 7 percent of revenue. Compared to several other industries including automotive, defense, and telecommunications, the medical device industry invests a higher percentage of yearly revenues into product innovation.
This sheds a lot of light on the competitive nature of the industry as well as constant innovation and improvement of existing technologies [Source: The International Trade Administration (ITA), U.S. Department of Commerce]. For Instance, in April 2019, Tekni-Plex (Wayne, PA) had announced its intention to expand its medical packaging portfolio by formalizing the definitive purchase agreement to acquire three manufacturing facilities from Amcor’s Flexible Packaging business unit. The facilities are located in Madison and Milwaukee, WI, and Ashland, MA. These facilities produce a range of sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical-grade laminates, and die-cut lids and label.
The major players covered as part of the report are Amcor PLC., DuPont De Nemours, Inc., WestRock Company, Berry Global Inc., ProAmpac, Mitsubishi Chemical Holdings Corporation, Wihuri Group, and Eagle Flexible Packaging, among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/medical-devices-packaging-market
In this report the medical device packaging market has been segmented based on the following:
o North America
o South America
o Europe
o The Middle East and Africa
o Asia Pacific
Amniocentesis Needle – Instrumental in Detecting Congenital Defects
BlogA needle that is used to carry out the amniocentesis test is known as the amniocentesis needle. This amniocentesis test is a type of a prenatal test, in which a small amount of the amniotic fluid is removed from the sac that surrounds the foetus. The fluid is then used for testing purposes and a fine needle used to remove the fluid, which is inserted into the abdomen being guided through ultrasound. After this, a laboratory analysis of the fluid is carried out.
The ultrasonic scan that is used to guide the guide the need le foe the extraction of the fluid and makes the use of high frequency sound waves in order to produce an image of the womb. It allows the doctors and the healthcare professionals to check the position the baby is in, facilitate in the finding of the best place, from where the amniotic fluid can be removed and lastly, ensure that the needle can be pass safely through the walls of the abdomen and the womb.
The first step in carrying out the test is the cleaning of the abdomen and then a syringe is used to insert a long and thin needle, called the amniocentesis needle to remove the sample of amniotic fluid then the next step is the lab analysis and observation the fluid is being sent for. However, in some of the women, that is around six women out of every hundred women, a problem does occur in extracting the fluid. Therefore, the needle then has to be inserted again to facilitate the proper removal of the fluid.
The importance of the test in the detection of various defect and diseases that pose a risk
Amniocentesis test is basically carried out in order to detect any birth defects that might be present in the baby, such as the Down syndrome, which is an abnormality that rises due to chromosomes. In addition, the amniocentesis test is able to detect other conditions such as sickle cell disease, cystic fibrosis or muscular dystrophy, and even Tay-Sachs among other diseases.
Amniocentesis test is used for the detection of neural tube defects, which are defects in which the brain and spinal column do not develop properly, such as spins bifida and anencephaly. Therefore, to limit the number of deaths that are caused due to congenital defects the demand for the amniocentesis needles, so that defects can be detected faster and thus, this is causing a surge in the development of the healthcare industry.
Measures to be taken before and after the test
One of the most important and essential parts of the test is to clean the abdomen, to minimize the risks of getting infections, then the next important step is to numb the desired are where the needle is to be injected with the amniocentesis needle. This procedure may or may not be necessary, but that depends on the condition of the patient.
After the test, the appropriate measures must be taken to avoid the pain, painkillers or over the counter drugs can be taken to quell the pain such as Paracetamol, but not Ibuprofen.
Product Offerings by Industry Players in Amniocentesis Needle Market
There are an increasing number of market players, involved in the provision of the enhanced and advanced products to cater to the demands for amniocentesis needles from different end-users such as hospitals, and diagnostic centres so that they can cement their market position further and increase their market share over the forecast period. For instance, Cooper Surgical Inc., provide amniocentesis needles that for single use and are packaged with full sterilization in sterilized packs. The product that they provide is called “Wallace Amniocentesis Needles” and have spiral tips to provide a much clearer visibility of the inner abdomen under the guidance of the ultrasound test. The parts and accessories that are available with this product are a 90 mm needle that weighs just 22g, a 120mm needle that weighs 21g and a 150mm needle weighing 21g, with 10 present in each of the box of this product. Laboratoire CCD, offers a product that is able to provide enhanced control over the procedure. The needle that they provide is sandblasted distal tip, which also sports a triple-bevels for facilitating an easier insertion. A stylet is used in order to increase the rigidity of the product, and the product is developed under strict adherence to Class IIa medical devices in packaged in sterile conditions.
Cook, another company that deals in the provision of medical devices and products offer their product called the “EchoTip Disposable Amniocentesis Needles” , which are used for the extraction of the fluid safely from the amniotic sac present in the abdomen. The EchoTip technology that the product makes use of is able to enhance the visualization of the needle tip under ultrasound screening, the needle also has a distal side port in order to get rid of the debris that may be accumulated on the needle during the test. In addition, the product is for single use and should be disposed after use in the test. LabIVF Asia Pte Ltd., is a company dealing in the provision of different types of equipment in order to cater to the rising demand from various end-users involved in provision of healthcare services. They offer their product called the “Amniocentesis Needles”, which are provided with stylets, are sterile and easily visible in the ultrasound and used for the sampling the amniotic fluids. The most valuable feature of the product is that the hubs of the needles are colour coded so that they can easily provide identification of the needle gauge and the needle length and the stylets of these needles can locate them selves so that blockages are prevented effectively. Therefore, the provision of these products, by the market players, is contributing to the increase in the amniocentesis needle market sizeover the forecast period.
Conclusion:
Currently, there are different lengths and gauges of amniocentesis needles are being used, but the 100-150mm needles are most common and are expected to hold a significant share in this market and is anticipated to witness a fast growth rate in the upcoming years due to the burgeoning demand from the hospitals and diagnostic centres. With respect to current market trends, it is anticipated that the Echotip and the colour coded hub needles will flourish in the upcoming years with demand being generated owing to the high amount of usage in the diagnostic centres. There is a growing need for a well-developed and good-quality product, which has good durability, reliability an efficiency among other essential characteristics. This is one of the major factors, which will continue to play a role in driving this market. In addition, it will attract many new entrants who will bring new and better changes and enhancement in amniocentesis needles. Thus, the market will remain competitive and it is projected to show modest growth in the upcoming years.
Data Center Logical Security Market is estimated to grow at a CAGR of 6.57% to reach a value of US$4.880 billion by 2025
Press ReleasesData Center logical security is defined as a set of methods and policies adopted to prevent data breaches or unauthorized access and manipulation of the resources of a data center. It particularly includes password access, user identification, access rights, authenticating process, and protocols, etc. which safeguards for software of a system for an organization.
According to the report, the Data Center Logical Security is projected to increase at a CAGR of 6.57% over the forecast period 2019-2025.
Owing to the increasing number of cyber-crime activities like data breaches and data manipulation of the large amounts of data generated by data centers, which are encouraging the datacenters to adopt better and effective solutions to prevent any unauthorized access and protect this informationis expected to drive the data center logical security market growth over the forecast period. Moreover, the driving factor for the growth of the market over the forecast period also stems from the initiatives and steps being taken by the government to strengthen the security measures to protect data in various sectors such as BFSI, and that of Government and Public are also.
The access control and compliance solutions, which falls within the ambit of Data Center Logical Security Market, has the key characteristics namely: the ease of implementation, the capability of restriction and prevention of unauthorized access to the vulnerable data as well as the aspect of rendering the data next to impossible to be duplicated thereby limiting the chances of any data breaches. Therefore, catapulting the market to a new zenith is also a segment that is poised to hold a significant amount of share in the market. Besides, from the perspective of end-user perspective, the BFSI sector is expected to hold a considerable amount of share in the market owing to the fact that there has been an increase in case of frauds, data breaches, unauthorized access of customer information in the various sectors comprised in BFSI such as banking, finance among others.
The energy and government sector is an equally important end-use industry when it comes to data security and subsequent loss prevention. By geography, Asia Pacific is expected to hold a significant amount of share in the market which is attributable to the fact that there is a rapid increase in urbanization with many data centers coming up in order to properly and effectively manage the growing amount of data generated through various sectors such as Healthcare, Retail, BFSI among others. Amongst the aforesaid, the growing need for maintaining a data repository due to the increasing convenience of wearable healthcare devices is making the end-use verticals of Healthcare a sector that is expected to be at par with the other sectors which employ Data Center Logical Security measure in profusion.
The major players covered as part of the report are Bosch Security Systems, Inc., Check Point Software Technologies Ltd., Cisco Systems, Inc., Fortinet, Inc., Hewlett Packard Enterprise Development LP, IBM, Intel Corporation, Italtel S.p.A., Juniper Networks, Inc., Trend Micro Incorporated, and VMware,among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/data-center-logical-security-market
In this report the Data Center Logical Security Market has been segmented based on the following:
Hand Sanitizer – A New Way of Hand Hygiene
BlogThe rising outbreaks of deadly diseases coupled with the growing health concerns regarding the use of hand sanitizers are the prime factors that are significantly driving the hand sanitizer market growth in the coming years. Furthermore, the rising prevalence of communicable diseases is also projected to bolster the hand sanitizer market growth during the next five years. The awareness regarding well-maintained hygiene is gaining a lot of traction these days and the burgeoning adoption of convenience products is also driving the demand for hand sanitizers, as sanitizers are considered more convenient than hand washes. This, in turn, is booming the use of hand sanitizers and adding up to the market growth during the next five years. Hand Sanitizers are liquids that are used for decreasing infectious agents especially on the hands. These are alcoholic formulations that are expected to be more efficient over soaps which are leading to the growing importance of sanitizers across the globe.
The expansion of distribution channels also plays an important role in booming the hand sanitizer market growth around the globe as the rising internet penetration is leading to a notable growth of the e-commerce business and shifting consumer preferences towards online shopping is also propelling the growth opportunities for the market to surge throughout the forecast period and beyond.
Rapid disease outbreaks are boosting the demand
The growing number of communicable diseases is one of the major factors which is propelling the adoption of hand sanitizers and boosting the market growth. Furthermore, the recent outbreaks of deadly diseases such as COVID-19 (Coronavirus) is leading to the growing government focus towards the promotion of hand care and hand hygiene products, primarily with an aim to mitigate the health issues and spread the awareness are some of the factors positively impacting the market growth during the coming years. For instance, according to the reports from the WHO, the total positive COVID cases in Italy increased to 181,228 as of 21st April 2020 from just 47,021 on 21st March 2020. Also, the growing number of cases around the world is further instigating the demand for hand sanitizers due to continuously growing awareness regarding its uses and benefits. In addition, organizations like the FDA and WHO are taking various initiatives to promote the use of hand sanitizers, especially in the underdeveloped economies where good healthcare facilities and treatments are not available.
Gel type to hold a notable share
On the basis of product type, the global hand sanitizer market has been classified into gel, foam, spray, and others. The market for gel type hand sanitizers is anticipated to hold a notable share in the market on account of ease of availability and higher convenience offered by gel-based sanitizers.
The foam segment is projected to grow at a decent rare owing to the rising adoption of foam-based hand sanitizers in the coming years as foam-based sanitizers are considered more reliable due to the longevity after its application on the hands.
Online sales projected to show robust growth
On the basis of the distribution channel, the global hand sanitizer market has been segmented on the basis of online and offline. The offline segment has been further classified into departmental stores, pharmacy stores, and others. The online distribution channels are projected to grow at a notable rate throughout the forecast period owing to shifting h preferences towards online shopping. In addition, the rising penetration of various online platforms particularly focused on pharmaceutical and health and wellness products is also supporting the growth of this segment over the coming years.
The offline segment is projected to hold a noteworthy share owing to the fact that still, a large proportion of the population prefers offline shopping due to personal touch. The growing number of hypermarkets and supermarkets in the developing economies is also supporting the share of this segment over the next five years.
Asia Pacific to show robust growth
On the basis of region, the global hand sanitizer market has been segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. The Asia Pacific region is projected to show notable growth over the forecast period due to the growing healthcare sector in the major developing countries of the region such as India, China, and Indonesia among others. Furthermore, the recent outbreak of COVID-19 also supports market growth in the APAC region. North America is projected to hold a significant share as hygiene maintenance is one of the top priorities of the people in this region. Furthermore, the presence of key players in the market also supports the market share of the region during the next five years. Similarly, the recent outbreak of coronavirus along with its growing intensity is one of the major factors which is projected to drive the hand sanitizer market growth across every region for the coming years.
Competitive scenario
The growing investments by key market players as well as small players in the market in the form of R&D for developing new products and expanding the product portfolio along with facility expansions in order boost the production to cater to the rising market demand also shows the potential for the market to surge during the next five years. For instance, in April 2020, Zydus Group, India’s leading one of the leading pharmaceutical companies announced the launch of its new business segment of hand sanitizers under the brand, Nycil. Furthermore, in March 2020, the University of Rhode Island Pharmaceutical Development Institute announced that they have started the production of hand sanitizers with an aim to meet the growing demand of hand sanitizers and help to reduce the spread of COVID-19. Similarly in Bangladesh, a state-owned company, Carew & Co announced an expansion on the production of hand sanitizers as the demand is growing at a high pace.
Hand Sanitizer Market estimated to grow at a CAGR 11.68% to reach US$2,548.984 million by 2025, from US$1,313.756 million in 2019
Press ReleasesA Hand sanitizer is used to decrease the risk that is posed by infections as it is able to effectively able to kill the diseases carrying bacteria and is available in gel, liquid or foam forms. They have alcohol content present in them differs.
According to the report, the Hand Sanitizer Market is projected to increase at a CAGR of 11.68% over the forecast period.
The growing demand due to the COVID-19 pandemic and increasing efforts by the governments, and organizations.
The COVID-19 pandemic, which started from a meat market in Wuhan, China has spread throughout the world, racked up many reported cases, and led to an increased number of deaths drastically in major countries, thus pushing the governments and other organizations to take faster and strict actions. For example, the World Health Organization (WHO), to make the usage of hand sanitizers among other products necessary for cutting the chances of contracting the dangerous and life-threatening virus. This has led to a major outcry from many industries an workers and the demand for hand sanitizers has skyrocketed, leaving the medical stores and pharmacies in a dearth of hand sanitizers, to effectively cater to the shooting demand, which is also pushing the market growth at a significant pace.
Increasing investments in order to accelerate the development of healthcare facilities
There are increasing influx of investments in the healthcare industry in order to enhance the face of the healthcare settings and healthcare facilities so as to develop the healthcare industry of the countries globally and mini eth risk of series diseases by following simple and effective measures that are required for proper sanitization and proper disinfection. This is also encouraging the newer players to launch new and enhanced products and enter the market in order to improve their market position and contribute to the market growth.
The growing use of online distribution channel to order medicines and other pharmaceuticals
The increasing number of individuals are preferring to order the sanitizers from online channels, such as e-pharmacies and e-commerce platforms due to the easy availability of a wide variety of products at lucrative discounts, and the convenience online ordering provides. In addition, the online segment is further boosting the market growth and increasing its share owing to the COVID-19 pandemic, which has led to a lot of pharmacies being out of stock.
The major players covered as part of the report are Reckitt Benckiser Group, The Himalaya Drug Company, Unilever Plc., ITC Limited, Godrej, and Henkel AG & Company among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/hand-sanitizer-market
This report has segmented the Hand Sanitizer market on the basis following terms
Position Sensor Market estimated to grow at a CAGR 8.88% to reach US$8.981 million by 2025, from US$5.391 million in 2019
Press ReleasesA position sensor is a sensor used for measuring the distance that has been traveled by a body from the starting position of the object to the reference position of the object. The sensor is also used to detect the presence or absence of the object.
According to the report, the Position Sensor Market is projected to increase at a CAGR of 8.88% over the forecast period.
The growing adoption in different industries such as automotive and manufacturing
There is an increasing requirement for position sensors in the manufacturing industry in order to cater to different applications such as laser cutting, welding, and other production operations for facilitating the proper and precise products with perfect dimensions and increase the production. In addition, there is an increasing demand from the automotive industry, for determining the position of the steering wheel, pedal positions, seat positions, and it is also used for facilitating the measurement of the position of the various knobs, valves, and some actuators. This is increasingly important as there are growing concerns among the individuals to improve and increase vehicle safety as well as pedestrian safety. Thus, this is causing a surge in the demand for position sensors and pushing the market growth.
The North American region holds a considerable market share over the forecast period and the Asia Pacific region is estimated to increase its share over the forecast period
Geographically, the North American region is expected to hold a significant market share over the forecast period, which is attributable to the increasing investments in the R&D of better and enhanced sensors and the flourishing semiconductor industry. In conjunction, with the presence of market players such as Texas Instruments, and CTS Corporation, which are involved in the provision of top quality products. The Asia Pacific region is estimated to increase its share over the forecast period owing to the fact, that the automotive industry is well established in countries such as India and China and the well-positioned electronics industry in countries such as China.
The use of a rotary position sensor to gain traction rapidly
The rotary position sensors are gaining rapid traction among the end-users for different applications such as providing quality industry control, damper control, and valve control, which are increasingly important as they are able to reduce the lead times and able to improve the efficiency and streamline the operations by cutting losses.
The major players covered as part of the report are Texas Instruments Incorporated, CTS Corporation, TE Connectivity, MTS Sensor Technologie GmbH & Co. KG, Honeywell International Inc., Infineon Technologies AG, and NXP Semiconductors among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/position-sensor-market
This report has segmented the Position Sensor market on the basis following terms
Caps and Closures Market is estimated to grow at a CAGR of 4.60% to reach a value of US$66.612 billion by 2025
Press ReleasesThe primary function of caps & closures is preserving products and extending their life.
According to the report, the global caps and closures market is projected to grow at a CAGR of 4.60% to reach over the forecast period.
The demand for global caps and closures is poised to increase due to its application in-home care products and cosmetics industries, its growing application in the pharmaceutical sector as well as child care products. The other segment is that of food and beverage which is poised to drive the growth of this market to exponential heights. Further segments pertaining to paper, rubber, and cork are going to gain more currency due to the extent of research and development to bring about more environment-friendly caps and closures in the market. Caps and closures made out of plastic is the segment that is going to grow at a faster rate during the forecast period owing to its relatively lower cost in comparison to that of metal caps. Nevertheless, increasing consumer awareness concerning its carcinogenicity and biodegradability along with strict regularity policies are going to hinder the growth of this segment.
From the regional perspective, the APAC is going to witness an exponential growth during the forecast period, due factors like increasing availability of disposable income, rising government policies and incentivization towards self-reliance, increasing urbanization as well as the increasing investment by secondary segment market like bottling and packaging industries. The North America and European market to are poised to witness significant growth due to the increasing number of food and beverage variants that are emerging as successful alternatives to their traditional counterparts like plant-based milk.
The South American continent is poised to witness steady growth of its currently untapped potential is identified and invested on time. Further considering the low capital investment the market is dominated by regional players. Market participants are often involved in strategic agreements, joint ventures, and M&A to penetrate regional markets. For example, in 2018 Luxembourg-based family company UNITED CAPS that is known to manufacture caps and closures for the global market had announced its acquisition of the Spanish closure manufacturer Embalatapbased in Sopelana, Spain, was founded in 1973, to extend the former’s product portfolio and cater to closures for edible oils typically used in the Southern European market. Besides, the current pandemic has proved it to be extremely challenging to maintain the supply chain for caps and closures for essential products such as antibacterial soap and hand sanitizers, due to which the market is witnessing a recycle drive initiated by the supply side.
The major players covered as part of the report are Amcor PLC, AptarGroup, Inc., Crown Holdings, Inc., WestRock Company, Ball Corporation, Saint-Gobain, Silgan Holdings, Closure Systems International, Berry Global, Inc. and BERICAP Holdings GmbH among others.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/caps-and-closures-market
In this report, the caps and closures market has been segmented based on the following:
Global Pyrometer Market estimated to surge at a CAGR of 5.20% to reach a value of US$742.707 million by 2025 from US$547.843 million in 2019
Press ReleasesA pyrometer is a device that measures the temperature of the surface of an object. It is a remote-sensing device and is contactless to facilitate the measurement of those areas which are inconvenient to reach. The device is inexpensive and guarantees the efficacy of production equipment and machinery.
According to the report, the Global Pyrometer Market is projected to increase at a CAGR of 5.20% over the forecast period 2019-2025. The market is poised to surge at a noteworthy CAGR throughout the forecast period primarily on the account of the growing demand for industrial automation worldwide. Rising expansion of industries such as ceramic, glass, and metal processing is significantly bolstering the market growth of the global pyrometer market. Since metal processing industry caters to a wide variety of sectors such as agriculture, automotive, industrial equipment, and construction, the growth of these sectors is further fueling the demand for pyrometers, thus positively impacting the global market growth.
By type, the global pyrometer market has been segmented based on fixed and handheld. By technology, the market is has been segmented as optical and infrared. By end-use industry, the global pyrometer market has been segmented as ceramic industry, glass industry, and metal processing industry. Glass industry accounted for a substantial market share in 2019 owing to the growing beverage and pharmaceutical sectors. Increasing demand for premium alcoholic beverages and beer is leading to a surge in the demand for glass bottles which, in turn, is driving the market for pyrometer in the glass industry. The glass processing industry is also growing due to the rising production of ampoules and vials to keep medicines. As such, the sale of these medicines is further contributing to the market growth of pyrometer across the glass industry.
Geographically, the global pyrometer market has been classified into North America, South America, Middle East and Africa, and Asia Pacific. North America and Europe hold decent shares in the global pyrometer market. Growing metal processing and ceramic industries, supported by the presence of major market players in these regions is propelling the market growth across these regions. However, APAC is projected to witness the significant CAGR during the forecast period owing to the booming sectors including construction, agriculture, and pharmaceuticals in countries like China and India. Supportive government policies and initiatives to ramp up the growth of these industries is also driving the market growth of pyrometer in APAC region.
Some of the key players covered as part of the report Accurate Sensors Technologies Ltd., Calex Electronics Limited, Optris GmbH, DIAS Infrared GmbH, and PCE Deutschland GmbH among others.
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This report segmented the Global Pyrometer market on the basis following terms:
Global Green data center Market estimated to surge at a CAGR of 20.90% to reach a value of US$160.557 billion by 2025 from US$51.416 billion in 2019
Press ReleasesA green data center is a computer facility to store, manage, and operate data. Thee data centers are designed to maximize energy efficiency while minimizing the environmental impact by way of reducing operational cost and carbon footprint.
According to the report, the Global Green Data Center Market is projected to increase at a CAGR of 20.90% over the forecast period.
The Growing adoption of digitalization across various industries is leading to a tremendous rise in the volume of big data. As such, the rising number of data center facilities is putting pressure on the environment by causing a greater carbon footprint. This, in turn, is augmenting the demand for green data centers worldwide. Stringent government regulations regarding environmental sustainability are also boosting the market growth of green data centers in various regions. Market players are continuously investing in setting up of green data centers in order to maintain their market position while expanding their reach in new markets. This will continue to bolster the market growth of green data centers during the next five years.
The global green data center market has been segmented by product, end user, enterprise size, and industry vertical. By industry vertical, BFSI accounted for the significant market share in 2019 owing to the rising adoption of digitalization across this sector. People are constantly using digital banking services which, in turn, is fuelling the demand for green data centers across this industry vertical. The Education sector will also experience decent market growth during the forecast period owing to the increasing demand for online education services.
Geographically, the global green data center market has been classified into North America, South America, Middle East and Africa, and Asia Pacific. North America held a significant market share in 2019 owing to the presence of big data-driven companies and constant government efforts to reduce the carbon footprint. APAC green data center market will witness a noteworthy CAGR during the forecast period owing to the rising interent penetration, supportive government policies, and initiatives to boost the adoption of digitalization across various industries, and rising trend of cloud computing in the region.
Some of the key players covered as part of the report Cisco, IBM, Hewlett-Packard Development Company L.P, Eaton, Schneider Electric, and Huawei Enterprise among others.
View a sample of the report or purchase a complete study at https://www.knowledge-sourcing.com/report/green-data-center-market
This report segmented the Global Green data center market on the basis following terms: