A new analysis report on the Medical Coating Market, which is forecasted between 2021 and 2028, has been published by Knowledge Sourcing Intelligence.
The growth of the medical coating market is propelled by increasing cases of hospital-acquired infections and chronic diseases. Additionally, the market is expected to experience significant expansion driven by the demand for versatile, customized coatings. Ongoing research and development efforts lead to innovative coating solutions, while product advancements and strategic initiatives by key players open doors for expansion into new application areas.
The medical coating market is predicted to grow at a CAGR of 9.48% from US$13.784 billion in 2021 to US$25.980 billion by 2028.
Medical equipment, implants, and devices require specialized coatings to enhance their functionality and safety. These coatings are essential for ensuring the safety and effectiveness of medical devices. They serve as protective layers that prevent contamination, increase durability, and improve biocompatibility.
The medical coating market is primarily fueled by the increasing incidence of hospital-acquired infections and chronic diseases, often linked to extended hospital stays. For instance, in 2021, Surmodics, a worldwide provider of medical devices and in vitro diagnostic technologies, introduced Serene™, a hydrophilic coating designed for medical devices. Serene™, which is applied as a spray coating, enhances the lubricity and biocompatibility of devices like catheters and guidewires. This innovation aims to enhance device performance and enhance patient comfort during medical procedures. Hospital-acquired infections, caused by medical equipment like catheters, central lines, and ventilators, pose a significant health risk, with over 98,000 deaths and 1.7 million infections annually in the United States, particularly affecting ICU patients, where infection rates can reach 51%. Despite its growth potential, this market faces challenges, including rising raw material costs and the risk of coating failures, especially with hydrophilic and hydrophobic coatings on medical equipment. However, the prevalence of chronic diseases is boosting the demand for medical coatings, aligning with increased healthcare spending. For example, healthcare expenditure in the U.S. reached $4.3 trillion in 2021, averaging $12,914 per person, contributing to the expansion of the medical coating market.
Based on the coating type, the Medical Coating Market is bifurcated into Antimicrobial Coating, Lubricant Coating, Hydrophilic Surface coating, Drug-Eluting Coating, and Others. The hydrophilic coatings category is projected to dominate the medical coatings market, holding the largest market share. This segment’s significant share can be attributed to the strong demand for medical devices coated with hydrophilic materials, due to their benefits, including reduced friction, enhanced lubrication, and excellent compatibility with blood and other bodily fluids.
Based on the material type, the Medical Coating Market is bifurcated into polymer, ceramic, and metals. The polymers segment is anticipated to dominate the market due to its effectiveness in enhancing durability, providing corrosion resistance, and ensuring better biocompatibility.
Based on the technology, the Medical Coating Market is bifurcated into Spray Coating, Pulsed Laser Deposition (PLD), Inkjet Printing, Chemical Vapor Deposition, and Spatter Coating. The spray coating technology segment in the medical coating market is poised for growth, offering customizable solutions that enhance the performance and functionality of medical devices in a cost-effective manner. This drives the demand for spray coatings in the market.
Based on the application, the Medical Coating Market is categorized into medical devices & instruments, medical implants, and other applications. The medical devices segment is poised to hold the largest market share. This is attributed to the growing demand for medical devices like guidewires, endotracheal tubes, catheters, and more. Medical coatings play a pivotal role in enhancing patient safety and reducing the risk of infections in these devices.
Based on Geography, the Medical Coating Market is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Asia Pacific holds a substantial share of the global medical coating market, with significant growth expected in the Indian medical coating market during the forecasted period. This growth is attributed to factors such as the aging population in India, which leads to increased demand for medical devices and, consequently, medical coatings. Additionally, the rising prevalence of chronic diseases in India is linked to lifestyle changes, urbanization, and an aging population.
As a part of the report, the major players operating in the medical coating market that have been covered are Endura® Coatings, DSM, Hydromer, Precision Coating Company, Inc., Surmodics, Inc., Specialty Coating Systems, Inc., Biocoat Incorporated, Applied Medical Coatings, Miller-Stephenson, Inc., Materion Corporation, Fredudenberg Medical, Medicoat AG.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/medical-coating-market
This analytics report segments the Medical Coating Market on the following basis:
- BY COATING TYPE
- Antimicrobial Coating
- Lubricant Coating
- Hydrophilic Surface Coatings
- Drug-Eluting Coating
- Others
- BY MATERIAL TYPE
- Polymers
- Ceramics
- Metal
- Others
- BY TECHNOLOGY
- Spray Coating
- Pulsed Laser Deposition (PLD)
- Inkjet Printing
- Chemical Vapor Deposition
- Spatter Coating
- BY APPLICATION
- Medical Devices & Instruments
- Medical Implants
- Others
- BY GEOGRAPHY
- North America
- South America
- Europe
- Germany
- United Kingdom
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Others
Telepresence Robot Market Expected to Thrive with Booming 5G Services
Press ReleasesA new analysis report on the global telepresence robot market, which is forecasted between 2021 and 2028, has been published by Knowledge Sourcing Intelligence.
The prime factors propelling the global telepresence robot market growth are increasing demand for remote work and collaboration, growing adoption of telemedicine, advances in technology, and government initiatives.
The global telepresence robot market was US$327.611 million in 2021, and it is expected to reach US$729.509 million by 2028, growing at a CAGR of 12.12% over the forecast period.
Telepresence robots are remote-controlled robots that allow users to interact with their environment from a distance. They are typically equipped with cameras, microphones, and speakers, and can be used for a variety of purposes, such as attending meetings, giving presentations, and providing customer service. Telepresence robots have the potential to revolutionize the way we work, learn, and receive healthcare. As these robots become more sophisticated and affordable, they are expected to gain even wider adoption in the coming years.
The market is witnessing multiple collaborations and technological advancements, for instance, in March 2022, the Dallas Cowboys introduced the Cowboys Starbot, a unique telepresence robot. This robot allows Dallas Cowboys players, cheerleaders, alumni, executives, and others to visit patients remotely in a safe and innovative way.
Based on type, the global telepresence robot market is segmented into stationary and mobile. The mobile telepresence robot market is expected to have higher growth in the coming years. Mobile telepresence robots can be moved around freely, making them more versatile than stationary robots. This makes them ideal for a wider range of applications, such as remote inspections, customer service, and healthcare. It allows users to participate in meetings and other events from anywhere in the world, without having to travel.
Based on components, the global telepresence robot market is divided into camera, display, speaker and microphone, power source, sensor and control system, and others. The camera component is expected to have the highest growth in the global telepresence robot market in the coming years due to increasing demand for high-quality video conferencing and remote collaboration, development of new camera technologies, such as 4K and 8K cameras, which offer sharper and more detailed images, integration of artificial intelligence (AI) and machine learning (ML) into cameras, which enables new features such as facial recognition and object tracking.
Based on end users industry, the global telepresence robot market is divided into healthcare, education, homecare, enterprise, and others. The healthcare industry is expected to be the largest end-user industry for telepresence robots in the coming years. By enabling remote care, telepresence robots can make healthcare more accessible and affordable for patients in rural and underserved areas. Telepresence robots can also help to reduce the workload on healthcare professionals and improve the quality of care.
Based on Geography, Asia Pacific is expected to capture a significant share of the global telepresence robot market. Telemedicine is becoming increasingly popular in the Asia Pacific, and telepresence robots are being used to provide remote healthcare services to patients in rural and underserved areas. Telepresence robots are also being used in education in Asia Pacific, to provide remote instruction and collaboration between students and teachers. Governments in the Asia Pacific are supporting the development and adoption of telepresence robots, recognizing the potential benefits of these technologies for productivity, healthcare, and education.
As a part of the report, the major players operating in the global telepresence robot market, that have been covered are Ava Robotics Inc., AMY Robotics, Blue Ocean Robotics, Mantaro Networks Inc., Double Robotics, VGo Communications Inc., OhmniLabs, Inc., SuperDroid Robots, Inbot Technology Ltd., Wicron, AXYN Robotics.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-telepresence-robot-market
This analytics report segments the global telepresence robot market on the following basis:
Global X-Ray Inspection Systems Market is estimated to grow at a CAGR of 7.74%
Press ReleasesThe global X-ray inspection systems market is experiencing significant growth driven by increasing consumer awareness of the aerospace industry’s quality standards. This expansion is further propelled by the growing utilization of X-ray inspection devices in manufacturing and a rising demand for 3D X-ray inspection systems in the automotive sector. Moreover, X-ray inspection systems are finding increased adoption in diverse industries, including food & beverage, which is contributing to the market’s overall growth.
As per the report, the global X-ray inspection systems market is estimated to grow at a CAGR of 7.74% from US$629.735 million in 2021 to US$1,061.250 million by 2028.
X-ray inspection is a non-destructive process employing radiography, primarily focused on detecting Corrosion Under Insulation (CUI). This technique has diverse applications, ranging from identifying material cracks to detecting foreign substances in various industries, such as automotive, food, and pharmaceuticals. X-ray inspection systems offer multiple advantages, including reduced risk of production recalls, easy identification of missing items in sealed packages, enhanced sensitivity for metal detection, detection of external contaminants, improved quality management, and more effective data collection.
The growth in the X-ray inspection systems market is primarily driven by the adoption of this technology in the food and beverage industry. Technological advancements have made X-ray inspection systems more precise, effective, and user-friendly, with innovations like high-resolution imaging, 3D capabilities, and faster scanning times. A notable example is OMRON Corporation’s VT-X750-V3 system, recognized as the fastest CT-type X-ray inspection device, introduced in November 2021. The market is expected to expand further, driven by the growing use of 3D X-ray inspection systems in industries ranging from semiconductor manufacturing to automotive production. Moreover, the increasing adoption of X-ray inspection systems in the food & beverage and other sectors is expected to drive market growth. These systems help maintain product quality, ensure authenticity, and address issues related to counterfeiting, fraud, and food safety. This has prompted food companies to invest in X-ray inspection systems to safeguard their product quality and brand reputation. For instance, in 2020, Mettler-Toledo launched its X34 X-ray inspection system for packaged products, contributing to the rising demand for X-ray inspection systems.
Based on the type, global X-ray inspection systems are bifurcated into 2D X-ray inspection system and 3D X-ray inspection system. The 3D X-ray Inspection System market to Grow in the projected period. The utilization of 3D X-ray inspection systems in a wide range of industries, including semiconductor manufacturing and automotive production, is significantly contributing to the growth of the X-ray inspection system market. These systems are essential for quality control, enabling manufacturers to detect issues like metal bridges, foreign objects, and structural flaws within 3D planes.
Based on the industry vertical, global X-ray inspection systems are segmented into automotive, defense, medical devices, food, and others. The food segment holds a dominant position in the market, Food companies are progressively making investments in technologies like X-ray inspection systems to guarantee the safety and quality of their products while safeguarding their brand reputation. X-ray inspection systems represent sophisticated equipment that employs X-rays to identify and scrutinize foreign objects, impurities, and imperfections within food products. This technology plays a crucial role in enhancing food safety and quality control.
Based on Geography, global X-ray inspection systems are divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. North America holds a significant share of the global X-ray inspection systems market. The North American market is primarily driven by the increasing demand for food safety and quality control. There’s a growing need to detect foreign bodies such as metal, glass, and bones in food products, and X-ray inspection systems play a crucial role in this regard. They aid in the detection of foreign bodies, reducing the risk of contamination and ensuring food safety and quality control. X-ray inspection systems in the food industry are instrumental in preventing product recalls and maintaining the safety of food products.
As a part of the report, the major players operating in the global X-ray inspection systems market that have been covered are General Electric, North Star Imaging Inc. Golden Engineering Inc., AVONIX IMAGING, Virtual Media Integration, Gopel Electronic GmbH, QSA Global Inc., Thermo Fisher Scientific Inc., Visiconsult GmbH, CXR Company, Vidisco Ltd., and Sesotec GmbH.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-x-ray-inspection-systems-market
This analytics report segments the global X-ray inspection systems market on the following basis:
Global Intelligent Flow Meter Market is estimated to reach US$2.562 billion by 2028
Press ReleasesA new analysis report on the global intelligent flow meter market, which is forecasted between 2021 and 2028, has been published by Knowledge Sourcing Intelligence.
Throughout the forecast period, the worldwide market is anticipated to increase as a result of the rising need for flow rate measurement in applications related to oil and gas management all over the world. The oil and gas industry is the major focus of the market participants for intelligent flow meters, and they are investing heavily to provide cutting-edge products and solutions to monitor the flow rate of liquids, gases, and vapours. Rapid urbanization in emerging nations combined with technological improvements like wireless monitoring and control and sophisticated sensors will promote market expansion.
As per the report, the intelligent flow meters market is predicted to grow at a CAGR of 5.62% from US$1.748 billion in 2021 to US$2.562 billion by 2028.
A tool used to gauge a system’s fluidic level is known as an intelligent flow meter. By measuring the liquid’s velocity, the gadget calculates the volume of the fluid. Most frequently employed to detect the fluid content in pipes, the intelligent flow meter uses contactless measurement. Intelligent flow meters are unaffected by viscosity, temperature, density, and any suspended particles. In contrast to mechanical flow meters, intelligent flow meters use electrical technology instead of moving parts. One of the main factors propelling the growth of the global intelligent flow meter market is the rising need for metrologists to minimize uncertainty to increase the calibration standards for flow. The worldwide market is boosted by the high precision, stability, and dependability given by intelligent flow meters. The need for intelligent flow meters has risen since they are more sophisticated, precise, and accurate, and offer a superior diagnostic approach than traditional flow meters.
The market is witnessing multiple collaborations and technological advancements, for instance, The OpreXTM Magnetic Flowmeter CA Series was introduced by Yokogawa Electric Corporation in September 2022. The new products in the line are all capacitance-type magnetic flowmeters, which can measure the flow of conductive fluids via a measuring tube without the fluids coming into contact with the device’s electrodes.
Based on valve type the global intelligent flow meter market is divided into linear (globe valves, pinch valves and Others) and rotary valves ( ball valves, plug valves and butterfly valves). Among these two segments, the ball valve under the rotary valve segment dominated the market. The market dominance can be explained by the versatility of the ball valves since they can be used in a variety of industries such as oil and gas, chemical processing, water treatment, HVAC systems, and more
Based on technology the global intelligent flow meter market is divided into intelligent ultrasonic flowmeters, intelligent vortex flowmeters, intelligent electromagnetic flowmeters and others. During the anticipated period, the electromagnetic flow meter segment is expected to have the greatest market share. The oil and gas sector, which makes up the majority of end users in the global market for intelligent flow meters, mostly uses electromagnetic flow meters. The effectiveness and precision of these flow meters allow them to precisely measure the forward and backward flow of fluid or gas in pipes. Due to the lack of any mechanical parts, electromagnetic flowmeters have low maintenance expenses. These advantages over other types have led to the wide adoption of electromagnetic flow meters in the sectors driving the need for them.
Based on industry vertical the global intelligent flow meter market is divided into chemicals, oil and gas, pharmaceuticals, water and wastewater, paper and pulp and others. The greatest CAGR is anticipated for the oil and gas sector over the projection period. The growth of shale gas reserves is anticipated to increase demand for intelligent flow meters in the chemical, petroleum refinement, and oil and gas industries. In the oil and gas, chemical, and custody transfer sectors, intelligent flow meters offer an efficient way to monitor the flow rate of upstream and downstream operations, custody transfer, and liquid hydrocarbons.
Based on Geography the North American region is expected to grow significantly over the forecast period. The growth of the North American market for intelligent flow meters is significantly influenced by the increase in infrastructure development projects and spending by industrialized nations in the region. The region is also seeing a lot of intelligent flow market installations since several companies, including the chemical and wastewater treatment sectors, require accurate fluid calibration.
As a part of the report, the major players operating in the global intelligent flow meter market that have been covered are Emerson Electric Co., Endress+Hauser Group Services AG, CIMTEC Automation LLC (General Electric), KROHNE Messtechnik GmbH, Yokogawa Electric Corporation, ABB, Azbil Corporation, Brooks Instrument, Sierra Instruments, Inc., Siemens AG.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/intelligent-flow-meters-market
This analytics report segments the global intelligent flow meter market on the following basis:
Medical Coating Market projected to reach US$25.980 billion by 2028
Press ReleasesA new analysis report on the Medical Coating Market, which is forecasted between 2021 and 2028, has been published by Knowledge Sourcing Intelligence.
The growth of the medical coating market is propelled by increasing cases of hospital-acquired infections and chronic diseases. Additionally, the market is expected to experience significant expansion driven by the demand for versatile, customized coatings. Ongoing research and development efforts lead to innovative coating solutions, while product advancements and strategic initiatives by key players open doors for expansion into new application areas.
The medical coating market is predicted to grow at a CAGR of 9.48% from US$13.784 billion in 2021 to US$25.980 billion by 2028.
Medical equipment, implants, and devices require specialized coatings to enhance their functionality and safety. These coatings are essential for ensuring the safety and effectiveness of medical devices. They serve as protective layers that prevent contamination, increase durability, and improve biocompatibility.
The medical coating market is primarily fueled by the increasing incidence of hospital-acquired infections and chronic diseases, often linked to extended hospital stays. For instance, in 2021, Surmodics, a worldwide provider of medical devices and in vitro diagnostic technologies, introduced Serene™, a hydrophilic coating designed for medical devices. Serene™, which is applied as a spray coating, enhances the lubricity and biocompatibility of devices like catheters and guidewires. This innovation aims to enhance device performance and enhance patient comfort during medical procedures. Hospital-acquired infections, caused by medical equipment like catheters, central lines, and ventilators, pose a significant health risk, with over 98,000 deaths and 1.7 million infections annually in the United States, particularly affecting ICU patients, where infection rates can reach 51%. Despite its growth potential, this market faces challenges, including rising raw material costs and the risk of coating failures, especially with hydrophilic and hydrophobic coatings on medical equipment. However, the prevalence of chronic diseases is boosting the demand for medical coatings, aligning with increased healthcare spending. For example, healthcare expenditure in the U.S. reached $4.3 trillion in 2021, averaging $12,914 per person, contributing to the expansion of the medical coating market.
Based on the coating type, the Medical Coating Market is bifurcated into Antimicrobial Coating, Lubricant Coating, Hydrophilic Surface coating, Drug-Eluting Coating, and Others. The hydrophilic coatings category is projected to dominate the medical coatings market, holding the largest market share. This segment’s significant share can be attributed to the strong demand for medical devices coated with hydrophilic materials, due to their benefits, including reduced friction, enhanced lubrication, and excellent compatibility with blood and other bodily fluids.
Based on the material type, the Medical Coating Market is bifurcated into polymer, ceramic, and metals. The polymers segment is anticipated to dominate the market due to its effectiveness in enhancing durability, providing corrosion resistance, and ensuring better biocompatibility.
Based on the technology, the Medical Coating Market is bifurcated into Spray Coating, Pulsed Laser Deposition (PLD), Inkjet Printing, Chemical Vapor Deposition, and Spatter Coating. The spray coating technology segment in the medical coating market is poised for growth, offering customizable solutions that enhance the performance and functionality of medical devices in a cost-effective manner. This drives the demand for spray coatings in the market.
Based on the application, the Medical Coating Market is categorized into medical devices & instruments, medical implants, and other applications. The medical devices segment is poised to hold the largest market share. This is attributed to the growing demand for medical devices like guidewires, endotracheal tubes, catheters, and more. Medical coatings play a pivotal role in enhancing patient safety and reducing the risk of infections in these devices.
Based on Geography, the Medical Coating Market is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Asia Pacific holds a substantial share of the global medical coating market, with significant growth expected in the Indian medical coating market during the forecasted period. This growth is attributed to factors such as the aging population in India, which leads to increased demand for medical devices and, consequently, medical coatings. Additionally, the rising prevalence of chronic diseases in India is linked to lifestyle changes, urbanization, and an aging population.
As a part of the report, the major players operating in the medical coating market that have been covered are Endura® Coatings, DSM, Hydromer, Precision Coating Company, Inc., Surmodics, Inc., Specialty Coating Systems, Inc., Biocoat Incorporated, Applied Medical Coatings, Miller-Stephenson, Inc., Materion Corporation, Fredudenberg Medical, Medicoat AG.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/medical-coating-market
This analytics report segments the Medical Coating Market on the following basis:
Global Farm Equipment Market size worth US$192,280.893 million by 2027
Press ReleasesThe global farm equipment market is estimated to reach a market size worth US$192,280.893 million by 2027
The increased demand for agricultural goods is driving the demand for planting and fertilizing technologies, as compared to hand planting and fertilization techniques. The market for planting and fertilizer equipment is expected to grow considerably as well. Furthermore, technologically advanced agricultural robots, such as remote operations and surveillance drones, to aid farmers in growing food at low costs to fulfill rising food demand, are predicted to create stronger market growth potential during the projection period. Due to all these factors, the market for farm equipment is anticipated to rise.
As per the report, the market about the global farm equipment market is anticipated to rise at a steady pace.
The market is gaining substantial traction on a worldwide basis as a result of the growing world population and the resulting requirement for higher output to fulfill the demand for food. Demand for high-end packaged goods, as well as the rapid pace of urbanization and rising consumer spending power, are all improving the market picture. These devices ensure that fertilizers and protections are spread equally, lowering total costs and increasing crop yields. These instruments help in reducing labor needs, improving crop quality, and reducing the amount of time necessary for agricultural operations.
Growing agricultural mechanization, along with a rise in farmer income, is expected to be a substantial driver of growth. Favorable weather circumstances for food production, as well as government assistance with loan waiver initiatives for farmers of all levels of income, are expected to boost market development. Furthermore, precision farming promotes sustainability in farming activities, boosts profitability, and preserves land resources, resulting in increased agricultural production.
Based on formula type, the global farm equipment market offers combines, plows, sprayers, planters, and others. According to China’s Ministry of Agriculture, combine harvesters harvested 95.5% of the country’s wheatland, which accounts for 80.0 percent of the total. Increased emphasis on agricultural mechanization, in addition to the government’s objective of fully automating wheat, corn, and rice fields over the next 10 years, might boost sales and stimulate innovation. As a result, this market sector is likely to fuel market expansion.
Based on form, the global farm equipment market is segmented into plowing & cultivating, sowing & planting, plant protection & fertilizing, and harvesting & threshing. There has been a considerable amount of rise in the sowing and planting segment which has been beneficial for the market. According to the latest figures from the Ministry of Agriculture & Farmers’ Welfare, Indian farmers have harvested wheat on 4.5 million hectares since October 2022, when the current seeding season began, an increase of 9.7% over the previous year. Therefore, such a rise in the plantation segment will propel the market to surge during the projected period.
Based on geography segmentation, the global farm equipment is segmented into North America, Europe, South America, the Middle East and Africa, and Asia Pacific regions. During the projected period, North America is anticipated to hold a significant amount of share the market. The presence of extensive farmland has fueled expansion, resulting in great demand for farm mechanization. Furthermore, the inclusion of robotic systems and GPS in tractors and harvesters, rising demand for machinery due to big farms, and the growing popularity of auto machines are all likely to boost regional market expansion during the projection period.
As a part of the report, the major players operating in the global farm equipment market, that have been covered are key players in the global farm equipment market including Deere & Company, CNH Industrial N.V., Mahindra & Mahindra Ltd, Escorts Ltd., Tractors and Farm Equipment Limited, Sonalika Group, Tong Yang Moolsan (TYM), Exel Industries, Bucher Industries.
This analytics report segments the farm equipment on the following basis:
View a sample of the report or purchase the complete study at: https://www.knowledge-sourcing.com/report/global-farm-equipment-market
Global Hydrophobic Coatings Market projected to reach US$1,670.602 million by 2028
Press ReleasesA new analysis report on the Global hydrophobic Coatings Market, which is forecasted between 2021 and 2028, has been published by Knowledge Sourcing Intelligence.
Global Hydrophobic Coatings Market is projected to experience a CAGR of 6.08%, with the market expanding from US$1,105.194 million in 2021 to US$1,670.602 million by 2028.
The market is expected to thrive due to the extensive utilization of hydrophobic coatings in various industries, readily available raw materials, and heightened research and development endeavors aimed at innovating new types of hydrophobic coating products. Furthermore, the advancement of hydrophobic coating technology for use in solar panels, coupled with the growing need for sustainable energy solutions, is a significant factor poised to boost the hydrophobic coatings market in the foreseeable future.
Hydrophobic Coatings Market serves as protective shields, primarily utilized on a variety of surfaces like glass, concrete, metal, ceramics, and polymers across diverse industries.
The Global Hydrophobic Coatings Market is significantly influenced by the diverse applications of hydrophobic coatings across various sectors. For instance, Malco Products, Inc., a US-based chemical manufacturing company, introduced Epic Pro, a new ceramic hydrophobic coating in March 2022. These coatings find substantial demand in the pharmaceutical industry due to their biocompatible, abrasion-resistant, lubricious, and nonchromogenic properties, aiding in the maintenance of cleanliness in surgical instruments, medical equipment, and other devices. Ongoing research and development initiatives in different fields further contribute to market expansion, exemplified by the creation of ATL, a biocidal hydrophobic coating with nanocomposites, by scientists at India’s International Advanced Research Centre for Powder Metallurgy and New Material in February 2023. Additionally, researchers at Egypt’s National Research Center developed a novel hydrophobic coating for thin films in November 2022 to extend the shelf life of harvested fruits. As a result, fast advancements in hydrophobic coating technology, powered by various research initiatives, are likely to propel the production and consumption of hydrophobic coating products over the forecast period.
Based on substrate type, the Global Hydrophobic Coatings Market can be categorized into glass, concrete, metals, ceramics, polymer, and others. The glass segment holds the major shares of the concrete substrate segment and is expected to dominate the hydrophobic coatings market, driven by robust growth in the building and construction industry. Hydrophobic coatings are applied to concrete surfaces to prevent issues such as cracking, expansion, scaling, and crumbling.
Based on the property, the Global Hydrophobic coating Market is segmented into anti-corrosion, anti-microbial, anti-icing, anti-fouling, and self-cleaning. The anti-microbial coatings are forecasted to experience the fastest growth in the market. These coatings inhibit the growth of microorganisms on various surfaces, making them particularly sought-after in medical and optical applications during the projected period.
Based on the end-user industry the Global Hydrophobic Coatings Market is categorized into medical, aerospace, automotive, building & construction, electronics, textiles, and others. The automotive sector is projected to dominate the market during the forecast period, primarily due to the rising vehicle production, which fuels demand for hydrophobic coatings in the automotive industry.
Based on Geography, the Global Hydrophobic Coatings Market is divided into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Asia Pacific region plays a substantial role in the hydrophobic coatings market and is anticipated to witness growth in the coming years. This growth is attributed to the expansion of the electronics, automotive, and pharmaceutical industries in major Asian economies, driving the consumption of hydrophobic coatings in the region.
As a part of the report, the major players operating in the Global hydrophobic Coatings Market that have been covered are 3M, BASF SE PPG, Nippon Paint Holdings Co., NEI Corporation, Surfactis, Aculon, Cytonix, NeverWet, Ltd., Drywired,
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-hydrophobic-coatings-market
This analytics report segments the Global Hydrophobic Coatings Market on the following basis:
Access Control Market size worth US$11.029 billion by 2027
Press ReleasesThe access control market is anticipated to grow at a CAGR of 7.52% reaching a market size of US$11.029 billion in 2027 from US$6.637 billion in 2020.
The key factors propelling the growth of the Access control market are rising cybersecurity issues and data breach incidences, coupled with innovations in technology.
As per the report, the Access control market is projected to grow steadily throughout the anticipated period.
Access control is an important component of data security that looks over who is allowed to access and use the company information and resources. Access control rules ensure users are whom they claim to be and have authorized access to company data through authentication and authorization. It is primarily a security technique. In computing, access control refers to the process through which users are granted specific permissions as well as authorization to access systems, resources, or data. By analyzing login credentials such as passwords, PINs, biometric scans, security tokens, and others, these control systems carry out user identity authentication and authorization. The main goal is to restrict access to a facility or system to authorized individuals.
The Access control market has been categorized based on product, deployment, end-user industry, and geography.
By product, the Access control market has been classified into hardware, software, and services. According to the analysts, the hardware segment holds a dominant share of the access control market. Additionally, the software category is anticipated to expand rapidly. One of the main factors driving the increased use of access control systems is the growing demand for better security and access control management in a variety of business sectors, governmental organizations, and other settings to monitor, permit and restrict access to diverse entities. Furthermore, based on the deployment, the classification has been done into the cloud and on-premise.
By end-user industry, the Access control market is divided into telecommunication, BFSI, government, healthcare, and others. Due to the sensitivity of the data, access control has become even more crucial in the BFSI sector. One of the main contributing factors to the increase in demand for various access control solutions has been this. The healthcare industry is a major driver of demand for access control systems as part of patient security. For hospitals, having a physical access control system is essential because it makes it easier to put important rules and regulations into practice for both staff and doctors as well as patients and visitors. As a result of the increased acceptance of linked healthcare in both developed and emerging countries, it is expected that the healthcare sector would expand at a significant rate.
Geographically, the market is divided into North America, South America, Europe, the Middle East and Africa, and Asia-pacific. During the forecast period, the Asia-pacific region is anticipated to hold a considerable share of the market and is expected to grow at a notable rate owing to globalization and rapid urbanization in the growing industries in the region.
The COVID-19 pandemic had a significant impact on the Access control market. The travel restrictions and the closure of offices to prevent the spread of the virus gave birth to new concepts such as online work and online education.
As a part of the report, the major players operating in the Access control market, that have been covered are Vanderbilt Industries, Gemalto NV, Honeywell International Inc, IDEMIA, Matrix Comsec Pvt. Ltd., Brady Corporation, Tyco International, Protection One, a division of ADT LLC, NEC Corporation, Siemens, Hangzhou Hikvision Digital Technology Co., Ltd., HID Global Corporation, an ASSA ABLOY Group.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/access-control-market
This analytics report segments the Access control market on the following basis:
Scintillator Market size worth US$851.309 million by 2027
Press ReleasesGrowing demand for scintillators in a variety of sectors is likely to drive market expansion over the estimated period. Growing demand for new and existing radiological medical applications, as well as expenditures in radiation monitoring devices for homeland security, is likely to fuel market expansion in the coming years. Furthermore, the high degree of customization and effectiveness of these scintillators are expected to be important drivers of increasing competition in this market. Therefore, growing demand for scintillators in a variety of sectors is likely to drive market expansion over the estimated period.
As per the report, the market in Scintillator Market is expected to grow at a steady pace.
As additive manufacturing of detectors gains hold in the academic research community, advances in 3D technology are also having an innovative influence on scintillator discoveries. Moreover, governments throughout the world are enforcing rigorous laws on the use of medical equipment, putting pressure on hospitals and healthcare institutions to employ technologically sophisticated scintillation and radioactivity detectors.
Based on the material type, the market of scintillators is segmented into organic and inorganic. They aid in the conversion of accumulated energy into visible or ultraviolet photons for identification by photomultipliers and photodetectors. Because inorganic materials are the most promising for use in radiation-detecting devices, they dominate the market.
Based on the product, the market of scintillators is segmented into pocket-size instruments, hand-held instruments, and, fixed or installed systems. Pocket-size instruments are becoming more popular as a larger number of people choose this sort of merchandise since it is easier to carry and handle.
Based on the end-user industry, the market of scintillators is segmented into healthcare, energy and power, manufacturing, defense, and others. Scintillators are used in the healthcare business to identify and diagnose cardiovascular and neurological illnesses, therefore this segment is anticipated to rise during the projected period.
Based on geographical segmentation, the market for Scintillator is segmented nose North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Because of escalating security concerns and nuclear dangers, North America is expected to dominate the market.
As a part of the report, the major players operating in the scintillator market, that have been covered are Saint-Gobain, RMD, Hitachi, Hamamatsu Photonics, Mirion Technologies, Siemens, Zecotek Photonics Inc, Ludlum Measurements, Amcrys, Scintacor.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/scintillator-market
This analytics report segments the Scintillator Market on the following basis
Global 3D Sensor Market size worth US$5.576 billion by 2027
Press ReleasesThe key factors propelling the growth of the 3D sensor market are the growing demand for 3D sensor-enabled consumer electronics, increased demand for 3D gaming technology, and falling prices of sensors.
As per the report, the 3D sensor market is projected to grow at a moderate pace throughout the anticipated period.
A 3D sensor is an electronic device that is used to collect data from the surrounding. Hence this is a depth-sensing technology that has amplified the camera capabilities for better object and facial recognition. During the forecast period, the increasing demand for 3D-enabled consumer devices coupled with the falling prices of sensors are acting as some of the prime factors driving the demand for the 3D sensor market. Moreover, the widespread use of 3D sensors combined with nanotechnology in different industry applications is also supporting the growth of the 3D sensor market. Furthermore, the widespread acceptance of this technology in consumer electronic devices like smartphones and cameras is yet another factor for the growing 3D sensor market.
The 3D sensor market has been categorized based on technology, type, end-user industry, and geography
By technology, the 3D sensor market has been classified into structured light, stereo vision, ultrasound, and time of flight. The benefits of using Time to Flight (ToF) such as accurate pedestrian detection, authentication of users based on facial features, and environment mapping among others are expected to propel the ToF technology segment during the forecast period.
Based on type, the 3D sensor is segmented into an image sensor, pressure sensor, position sensor, temperature sensor, and others. The 3D image sensor technology is anticipated to hold a significant share of the 3D sensor market during the forecast period, due to its widespread application in a digital camera, camera modules, and other imaging devices.
By end-user industry, the 3D sensor market is divided into manufacturing, healthcare, military and defense, consumer electronics, automotive, and media and entertainment. According to the analysts, the consumer electronics segment is expecting a higher CAGR during the forecast period owing to the growing demand for smart wearables.
Geographically, the market is divided into North America, South America, Europe, the Middle East and Africa, and Asia-pacific. During the forecast period, the North American region is anticipated to hold a considerable share of the market and is expected to grow at a steady rate owing to the early technological adoption by the end-user industries operating in this region. The analyst anticipates that the Asia-Pacific region will witness the fastest regional growth in the 3D sensor market owing to the growing consumer electronics industry prevailing in this region.
The COVID-19 pandemic had a significant impact on the 3D sensor market owing to a large-scale impact on the OEMs that were engaged in manufacturing, research, and development. The pandemic’s effects on the supply chain resulted in revenue losses for several North American 3D sensor producers.
As a part of the report, the major players operating in the 3D sensor market, that have been covered are OmniVision Technologies, Inc., Infineon Technologies AG, Sony Depthsening Solutions, Cognex Corporation, IFM Electronic GmbH, ASUSTeK Computer Inc., Microchip Technology Inc., Ebay Inc., Panasonic Corporation, LMI Technologies, Inc.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/3d-sensor-market
This analytics report segments the 3D sensor market on the following basis:
Safety Switches Market size worth US$3.062 billion by 2027
Press ReleasesThe prime factor driving the growth of the Safety Switches market is the capability of these safety switches to find a potential application in service entrances for protecting against susceptible faults.
As per the report, the market for Safety Switches Market is expected to grow at a steady pace.
The growing concerns regarding the safety and security of the industry personnel across various verticals have been providing acceleration to the growth of the market in the analysed period. As a result, there has been a growing presence of stringent rules and regulations pertaining to the safety of equipment and personnel, which is projected to provide substantial growth to the safety switches market.
Based on type, the Safety Switches Market offers fusible safety switches and non-fusible safety switches. The fusible switches are known to provide higher protection against overcurrent than the non-fusible ones.
Based on installation type, the Safety Switches market provides switchboard safety switches, powerpoint safety switches and portable safety switches. The increasing installation of these switches across various industry verticals is expected to propel market growth.
Based on product type, the Safety Switches market offers electromechanical safety switches, non-contact safety interlock switches, safety locking devices, safety command devices and others. Non-contact safety interlock switches are expected to show substantial growth due to their extensive use across industries, owing to their compactness.
Based on application, the Safety Switches market is segmented into light-duty applications and heavy-duty applications. Heavy-duty safety switches are expected to hold a substantial share due to their usage across industrial and commercial applications.
Based on the end-user, the Safety Switches market caters to industrial, commercial and residential. The industrial segment is expected to show considerable growth due to the rising adoption of safety switches in industrial automation.
Based on geography segmentation, the Safety Switches market is segmented into North America, Europe, South America, the Middle East and Africa, and Asia Pacific regions. Geographically, the Asia Pacific region is likely to account for a sizable market share and to experience quick expansion due to the increasing usage of complex machinery in the region and also, having a huge consumer base.
As a part of the report, the major players operating in the Safety Switches market have been covered. The key players in the Safety Switches Market include OMRON Corporation, ABB, Schneider Electric, SICK AG, Panasonic Corporation, Honeywell International Inc., Rockwell Automation, Inc., IDEC Corporation, Siemens, Leuze electronic GmbH.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/safety-switches-market
This analytics report segments the Safety Switches Market on the following basis: