A Market Place Research – Page 1351

Omega-6 Fatty Acid Market Competitive Landscape, Current and Future Trends by Leading Players

Omega-6 fatty acids are essential polyunsaturated fatty acids, which are not produced by the human body and hence must be obtained from the diet. They are unsaturated fatty acids and are a special type of “good fat”. They are crucial for the development, functioning, and maintenance of brain and other nervous tissues, bone health, metabolism, growth of skin and hair, and reproductive system health. Omega-6 fatty acids are essentially found in vegetable oils such as safflower, corn, soybean, and sunflower.

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According to the World Health Organization, there is an increase in the burden of chronic diseases such as cardiovascular diseases, obesity, and diabetes worldwide. In 2001, chronic diseases contributed approximately 46% of the global burden of disease and is expected to increase to 57% by 2020. With this increase in rates of diseases, the use of omega-6 fatty acids in pharmaceutical products has witnessed multifold growth, thereby boosting the market for omega-6 fatty acids. Furthermore, these healthy acids promote remarkable skin benefits such as building blocks of healthy cell membranes and keeps skin hydrated. In addition, there is a rise in the demand for use of natural ingredients in manufacturing cosmetics. This ultimately has a positive impact on the market for omega-6 fatty acids. However, new players are facing tuff competition from the existing established international players as they struggle with quality issues, reliability, and technological innovations.

On the contrary, rise in demand in the emerging countries for dietary supplements which contain the essential fatty acids and their increase in application through R&D are expected to remain opportunistic for the manufacturers to expand the market base.

The market is segmented based on source, application and region. Based on source, it is classified into nuts, cereals, vegetable oils, whole grains, and others. Based on application, it is divided into dietary supplements, pharmaceuticals and functional foods and beverages. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the market include DSM, Omega Protein, FMC Corporation, Cargill, Incorporated, The Dow Chemical Company, Omegavia, BASF, Koninklijke DSM NV, Enzymotec Ltd., and Croda International PLC.

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KEY BENEFITS FOR STAKEHOLDERS

The report provides an in-depth analysis of the current trends, drivers, and dynamics of the omega 6 fatty acids market to elucidate the prevailing opportunities and tap the investment pockets.
It offers qualitative trends as well as quantitative analysis of the global market from 2018 to 2025 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments demonstrates the sources of omega-6 fatty acids and its applications.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
Key market players are profiled to understand the competitive outlook of the market.

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Global Water Purifier Market Size Poised to Register $92.1 Billion, by 2031 at 10.1% CAGR

Allied Market Research published a report, titled, “Water purifier Market by Technology (Uv, Ro, Gravity Based), by End User (Commercial, Residential), by Distribution Channel (Retail Stores, Direct Sales, Online), by Portability (Portable, Non Portable): Global Opportunity Analysis and Industry Forecast, 2020-2031″. According to the report, the global water purifier industry generated $29.9 billion in 2020, and is anticipated to generate $92.1 billion by 2031, witnessing a CAGR of 10.1% from 2022 to 2031.

Prime determinants of growth

Increase in disposable income, demand for water purification systems, and rise in concerns toward health and well-being among the global population drive the growth of the global water purifier market. Moreover, surge in incidence of waterborne diseases presents new opportunities in the coming years.

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The global water purifier market is anticipated to witness notable growth in the recent years. This is attributed to the fact that sales have surged in the past few years in Asia-Pacific, making it the largest revenue generator. Moreover, presence of huge population base and scarcity of clean drinking water drive the market in developing countries, such as India and China. The penetration rate of relatively lower priced products, such as gravity-based water purifiers is higher in developing countries of Asia-Pacific and LAMEA. These markets also witness increase in adoption of high-end products and increase in the number of international players, such as Panasonic, Amway, and others. Thus, the demand for portable water purifiers is expected to increase at a considerable rate in developed countries of Europe and North America, as these markets are nearing maturity.

Based on end user, the residential segment held the highest market share in 2020, accounting for nearly three-fourths of the global water purifier market, and is estimated to maintain its leadership status throughout the forecast period. This is owing to deteriorating water quality, rise in urbanization, and surge in incidence of waterborne diseases. However, the commercial segment is projected to manifest the highest CAGR of 10.6% from 2022 to 2031, owing to rise in the number of offices, schools, restaurants, and hotels all around the globe.

The retail stores segment to maintain its lead position during the forecast period

Based on technology, the retail stores segment accounted for the largest share in 2020, contributing to nearly three-fourths of the global water purifier market, and is projected to maintain its lead position during the forecast period. This is owing to higher affinity of consumers toward physical stores. Moreover, the online segment is expected to portray the largest CAGR of 11.6% from 2022 to 2031, because brands in water purifiers that use retail stores and direct sales are now expanding their channel into online divisions to attract more customers.

Asia-Pacific, followed by Europe & North America to maintain its dominance by 2030

Based on region, Asia-Pacific, followed by Europe & North America held the highest market share in terms of revenue 2020, accounting for more than two-third of the global water purifier market. This is due to increase in urbanization, surge in income levels, and rise in health awareness among people in this region. However, the LAMEA region is expected to witness the fastest CAGR of 12.3% from 2022 to 2031, owing to rise in penetration level of water purifiers, upsurge in population, and deterioration in quality of water.

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Leading Market Players: –

Amway Corporation
A. O. Smith Corporation
Best Water Technology
Eureka Forbes Limited
Halo Source Inc.
Kent Ro System Ltd.
LG Electronics
Panasonic Corporation
Suez Water Technologies & Solutions (SUEZ)
Tata Chemicals Ltd.

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Air Humidifier Market : https://www.alliedmarketresearch.com/air-humidifier-market
Body Dryer Market : https://www.alliedmarketresearch.com/body-dryer-market
Smart Connected Washing Machine Market : https://www.alliedmarketresearch.com/smart-connected-washing-machine-market

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals,

Agritourism Market Share is to Register 13.4% Growth by the End of 2027

As per the report published by Allied Market Research, the global agritourism market was pegged at $42.46 billion in 2019, and is projected to reach $62.98 billion by 2027, growing at a CAGR of 13.4% from 2021 to 2027.

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In the last few years, there’s been a steep incline in demand for farm stays across the world along with growing curiosity about rural activities, especially among the young generation. This, in turn, has driven the growth of the agritourism market in more than one way. At the same time, travel agents in agritourism are also playing an important role in vending the agritourism packages since there is not really enough knowledge about ecotourism and associated concepts among individuals.

Government authorities have been taking steps to promote agritourism activities in their counties, districts, and regions. From allocating budgets to stocks, different initiatives have been taken by provincial tourism departments. An agritourism farm has been inaugurated in Ramian county, northern Golestan province in Iran. The province allocated the budget of 160 billion rials ($608,000) for development of the farm in one hectare. Moreover, it generated job opportunities for five people. In the farm, there are daffodil farms, medicinal plant gardens, fruit trees, and reception hall.

Along with allocation of budgets for development of farms and promotion of agritourism activities, governments have been offering startup stock to farmers. The Botswana government began a pilot project in which it aims to provide wildlife startup stock for farmers. This stock will be kept in ploughing fields of farmers. Kabelo Senyatso, the Director at Botswana’s National Parks and Wildlife, outlined that the stock of five animals per species will be allocated to each farmer. The farmers who are willing to adopt the stock need to meet space, fencing, and water requirements for availing the species they want. As Botswana is one of leading tourism destinations in Africa, this initiative is expected to boost the local economy by providing resources to attract agritourists.

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The market for agritourism is expanding as a result of rising demand for activities for families, interest in regional cuisine, and farm stay experiences. Agritourism facilities are also in demand as young people’s interest in agriculture and rural life grows. One such opportunity for people to obtain tranquilly and relaxation that they rarely find in urban settings is through agritourism. The entire tourist and agritourism industry was severely hit by COVID-19, but fewer incidences of the virus and the discovery and use of the corona virus vaccine around the world are likely to help the industry reclaim its position.

The activity, sales channel, and geographic regions are used to segment the worldwide agritourism market. The market is segmented based on activity into on-farm sales, outdoor recreation, agritourism, entertainment, educational tourism, lodging, and others. In 2019, the market was dominated by the on-farm sales sector, which accounted for over three-fifths of the market. However, during the projected period, the lodgings segment is anticipated to have the greatest CAGR of 18.0%.

Based on outdoor recreation, the market is split into direct and travel agent divisions. With more than two thirds of the market, the travel agency sector had the largest market share in 2019. But throughout the course of the forecast period, the direct category is expected to increase at the highest CAGR of 14.0 percent.

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The examination of the worldwide agritourism sector takes a number of regions into account, including North America, Europe, Asia-Pacific, and LAMEA. The market in Asia-Pacific is anticipated to see the highest CAGR of 16.9% during the projection period. But in 2019, North America held the largest part of the market, accounting for nearly 50% of it.

Key Learnings

The market for agritourism, which was valued at $42,460.3 million in 2019, is anticipated to expand to $62,982.6 million by 2027, at a CAGR of 13.4%.
By activity, it is predicted that the lodgings segment would expand at the fastest rate, with a CAGR of 18.0% over the course of the projected year.
Depending on the sales channel, the travel agency market in 2019 had a value of $28,678.3 million, or 67.8% of the global agritourism industry.
The largest market in Europe in 2019 was Italy, which is expected to increase at a CAGR of 12.6% from 2019 to 2027 to reach $3,351.1 million.

The global agritourism market report includes an in-depth analysis of the major market players including Agricultural Tour Operators International, Bay Farm Tours, Agrilys Voyages, Farm to Farm Tours, Blackberry Farm, LLC, Harvest Travel International, Greenmount Travel, Select Holidays, Field Farm Tours Limited, and Stita Group.

Trending Report

Domestic Tourism Market : https://alliedmarketresearch.com/domestic-tourism-market-A13033
Business Travel Lodging Market : https://www.alliedmarketresearch.com/business-travel-lodging-market-A15875
Europe Travel Retail Market : https://www.alliedmarketresearch.com/europe-travel-retail-market

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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Omega-3 Market Growth, Share, Size, Trends Analysis Report, Region, and Segment Forecasts, 2022

The omega-3 market is expected to reach $6,955 million by 2022, with a CAGR of 14.9% from 2016 to 2022.

Docosahexaenoic acid segment (DHA) dominated with three-fourths market share, in terms of revenue, in 2015. Dietary supplement application accounted for three-fifths of the global omega-3 market share, in terms of volume, in 2015 and is anticipated to grow at a CAGR of 14.1%.

Omega-3 market is driven by factors such as rise in awareness among consumer about healthy & balanced diet and its health benefits. Moreover, omega-3 supplements such as eicosapentaenoic acid (EPA) and DHA reduces the risk of prostrate, colon, and breast cancer. An adequate amount of EPA decreases risk of depression and related health problems. The regulatory barrier limiting the consumption of omega-3 over certain range may restrain the market growth in the near future. Omega-3 obtained from plant origin, a good source of alpha-linolenic acid (ALA) for vegetarians, provides an opportunity for omega-3 market growth.

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The world ALA omega-3 market accounted for over $234 million in 2015. North America dominated the world ALA omega-3 market, in terms of revenue, generating $96 million in 2015. According to Eswara Prasad, Team Lead-Chemicals & Materials at Allied Market Research, “The global ALA market has great potential as compared to DHA and EPA as consumers constantly look for alternatives of fish oil”.

Omega-3 has a wide range of applications such as dietary supplement, pharmaceutical, infant formula, food & beverage, pet food, and fish feed. Dietary supplement is the major application and accounted for three-fifths of the global omega-3 market volume in 2015. Pharmaceutical is expected to grow (in terms of revenue) at CAGR of 18% from 2016 to 2022. The consumption of omega-3 (in terms of volume) in pharmaceutical and infant formula is estimated to increase at a higher CAGR of 18.8% and 16.3%, respectively, during the forecast period.

Fish and krill oils are two major marine sources for omega-3 fatty acid. Fish oil is applicable in aquaculture and nutraceuticals. Algal oil is one of the important sources of omega-3 fatty acid ingredients. Algal oil is the major alternative for production of omega-3; however, its relatively high price restricts its anticipated market penetration into the food and dietary supplement.

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The omega-3 market for infant formula witnesses’ high growth rate, in the packaged food category, due to developments in Asia (particularly China), East Europe markets, and in some parts of Middle East and Latin America. Increase in the global omega-3 production and rise in its demand are the major reasons for the higher growth rate in countries such as Mexico, The Netherlands, Poland, India, and Brazil.

The companies in this market adopt expansion and acquisition as their key strategies to develop distinguished products and reduce competition by capturing additional market share. The prominent players profiled in this report include Cargill, Incorporated, FMC Corporation, Croda International Plc, Royal DSM, OLVEA Fish Oils, Omega Protein Corporation, GC Rieber Oils, Luhua Biomarine (Shandong) Co., Ltd., Pharma Marine AS, and Polaris.

Key findings of the study:

North America was the dominant region in 2015 both in terms of value & volume and is expected to continue this trend throughout the forecast period.
Revenue generated by nuts & seeds is estimated to grow at a CAGR of 25.8%.
Dietary supplement accounted for three-fifths of the global omega-3 demand in 2015.
Fish & krill oil sources dominated, in terms of revenue, in 2015 and is projected to grow at a CAGR of 14.2%.
DHA segment is expected to remain dominant throughout the period under consideration.
U.S. contributed to one-third of the market revenue in 2015.

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North America and Europe together contributed more than 60% of the world omega-3 market revenue in 2015. North America dominated the world omega-3 market in pharmaceutical application, in terms of volume; whereas Asia-Pacific is the fastest growing region with a CAGR of 16%, owing to the consumer awareness in the developing countries. China and India together account for three-fifths share (in terms of revenue) of the total Asia-Pacific omega-3 market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Wafer Level Packaging Market Overview and Outlook 2022 to 2030 | Applied Materials, ASML Holding

Allied Market Research published an exclusive report, titled, “Wafer Level Packaging Market by Technology (Fan in wafer level packaging, Fan out wafer level packaging), by Type (3D TSV WLP, 2.5D TSV WLP, WLCSP, Nano WLP, Others), by End User (Consumer Electronics, IT and Telecommunication, Automotive, Healthcare, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030”.

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The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The wafer level packaging market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Research Methodology

The research operandi of the global wafer level packaging market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

• By Technology
o Fan in wafer level packaging
o Fan out wafer level packaging

• By Type
o 3D TSV WLP
o 2.5D TSV WLP
o WLCSP
o Nano WLP
o Others

• By End User
o Consumer Electronics
o IT and Telecommunication
o Automotive
o Healthcare
o Others

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Highlights of the Report

Competitive landscape of the wafer level packaging market.
Revenue generated by each segment of the wafer level packaging market by 2030.
Factors expected to drive and create new opportunities in the wafer level packaging market.
Strategies to gain sustainable growth of the market.
Region that would create lucrative business opportunities during the forecast period.
Top impacting factors of the wafer level packaging market.

COVID-19 Impact Analysis

The outbreak of the pandemic affected the global economy to a considerable extent. Citing a micro- and macro-economic analysis, the report presents a sizeable impact of the global health crisis on the market in detail. The exhaustive study focuses on the market share and extent, which depicts the impact that the pandemic has had on the global market all throughout 2020 and is likely to have in the coming years. Last but not the least; the report also portrays the strategy incorporated by the frontrunners in the industry, so as to combat the downfall.

The report provides the SWOT analysis of the key market players including, Amkor Technology Inc, Applied Materials Inc, ASML Holding N.V, Deca Technologies, Fujitsu, Jiangsu Changjiang Electronics Technology Co Ltd, Lam Research Corporation, Qualcomm Technologies Inc, Tokyo Electron Ltd, and Toshiba Corporation, which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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Key Questions Answered In The Report

Q1. At what CAGR, the Global wafer level packaging market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of wafer level packaging market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in wafer level packaging market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of wafer level packaging market?

Q8. What are the key growth strategies of wafer level packaging Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

About Us

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Asteroid Mining Market Size, Share, Statistics, Trends, Types, Applications, Analysis and Forecast, Global Industry Research 2030

Allied Market Research published an exclusive report, titled, “Asteroid Mining Market by Phase (Space-craft Design, Launch, and Operation), Asteroid type (Type C, Type S, Type M, and Others), and Application (Construction, Resource Harvesting, 3D Printing, and Others): Global Opportunity Analysis and Industry Forecast, 2017 – 2025”.

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The asteroid mining market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Research Methodology

The research operandi of the global asteroid mining market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

By Phase
• Spacecraft Design
• Launch
• Operation

By Asteroid Type
• Type C
• Type S
• Type M
• Others

By Application
• Construction
• Resource Harvesting
• 3D Printing
• Others

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Highlights of the Report

Competitive landscape of the asteroid mining market.
Revenue generated by each segment of the asteroid mining market by 2030.
Factors expected to drive and create new opportunities in the asteroid mining market.
Strategies to gain sustainable growth of the market.
Region that would create lucrative business opportunities during the forecast period.
Top impacting factors of the asteroid mining market.

COVID-19 Impact Analysis

The report provides the SWOT analysis of the key market players including, Asteroid Mining Corporation Limited, Bradford, Ispace, Kleos Space S.A., Moon Express, Planetary Resources, Spacefab.Us, Sierra Nevada Corporation, Offworld, Virgin Galactic, which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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Key Questions Answered In The Report

Q1. At what CAGR, the Global asteroid mining market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of asteroid mining market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in asteroid mining market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of asteroid mining market?

Q8. What are the key growth strategies of asteroid mining Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

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Substation Automation Market Next Big Thing Trends, Growth Demand, Opportunities & Forecast To 2030 | ,Ingeteam, ABB Ltd, Schneider Electric SE

Allied Market Research published an exclusive report, titled, “Substation Automation Market by Component (Reclose Controller, Programmable Logical Controller, Capacitor Bank Controller, Digital Transducer/Smart Meter, Load Tap Controller, and Communication Channel), Module (SCADA, IED, and Communication Network Technology), and Communication Channel (Ethernet, Power Line Communication, Copper Wire Communication, and Optical Fiber Communication) – Global Opportunity Analysis and Industry Forecast, 2014-2022”.

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The laser interferometer market is evaluated based on its regional penetration, explaining the performance of the industry in each geographic regions covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Research Methodology

The research operandi of the global laser interferometer market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.

Key Market Segments

By Module

SCADA
IED
Communication Network Technology

By Component

Reclose Controller
Programmable Logical Controller
Capacitor Bank Controller
Digital Transducer/Smart Meter
Load Tap Controller
Communication Channel
Digital Relays
Others

By Communication Channel

Ethernet
Power Line Communication
Copper Wire Communication
Optical Fiber Communication

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Highlights of the Report

Competitive landscape of the laser interferometer market.
Revenue generated by each segment of the laser interferometer market by 2030.
Factors expected to drive and create new opportunities in the laser interferometer market.
Strategies to gain sustainable growth of the market.
Region that would create lucrative business opportunities during the forecast period.
Top impacting factors of the laser interferometer market.

COVID-19 Impact Analysis

The report provides the SWOT analysis of the key market players including,Ingeteam, ABB Ltd, Schneider Electric SE, Siemens AG, Amperion Inc, GE Grid Solutions, Cisco Systems Inc, Eaton Technologies Pvt. Ltd, Honeywell International and Schweitzer Engineering Laboratories, Inc. , which gives the business overview, financial analysis, and portfolio analysis of products and services. The latest news related to industry developments in terms of market expansions, acquisitions, growth -strategies, joint ventures, collaborations, product launches, market expansions etc. are included in the report for the better understanding of the stakeholders in framing strategic decisions to gain long term profitability and market share.

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Key Questions Answered In The Report

Q1. At what CAGR, the Global laser interferometer market will expand from 2022 – 2030?

Q2. What will be the revenue of Global industry by the end of 2030?

Q3. How can I get sample report of laser interferometer market?

Q4. Which are the factors that drives global industry Growth?

Q5. Who are the leading players in laser interferometer market?

Q6. How can I get company profiles of top ten players of Global Market?

Q7. What are the segments of laser interferometer market?

Q8. What are the key growth strategies of laser interferometer Players?

Q9. By Application, which segment is expected to exhibit the highest CAGR during 2022 – 2030?

Q10. By Region, which segment holds a dominant position in 2022 and would maintain the lead over the forecast period?

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Hydraulic Power Market Estimated to Experience a Hike in Growth By 2031

Hydraulic power is a basic technology that is widely utilized in various industries. The surge in the urban population led to the demand for residential and commercial buildings which led to the demand for hydraulic equipment in construction sector. The surge in the construction sector has positive impact on the mining industry due to surge in demand for cement and iron. The increasing utilization of automation in small, medium and large scale industries will have positive impact on the hydraulic power market.

Hydraulic power is a vital part of a hydraulic system as it can generate a significant quantum of power to initiate mostly any type of hydraulic ram. They draw power using Pascal’s law, i.e., through ratios of area and pressure. The hydraulic power industry includes applications such as machine tools, aerospace test equipment, automation systems, meat processing machinery, mobile equipment, rolling mill machinery, and material handling equipment. Also, they are applied in agricultural equipment, paper mill machinery, oil exploration, oil spill clean-up equipment, industrial process, marine equipment, construction equipment, and theatrical & production equipment.

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The rise in construction and increase in production capacities of oil fields coupled with a surge in stress on the agricultural sector is projected to drive the demand for hydraulic equipment. It had witnessed considerable growth in the past decades since its implementation in hydraulic machinery. The rise in demand for these types of machinery and rapid industrialization across the globe are the factors expected to foster the growth of the hydraulic power market. However, an increase in demand for alternative power systems such as electromechanical and electric drives with efficient clean, and shorter lead times are some of the factors hampering the hydraulic power market growth.

Hydraulic power consists of various components, such as a hydraulic motor and pump, reservoir/accumulators, and other accessories, such as filters, valves, tubes, regulators, and instruments used to monitor the performance of a hydraulic system. In 2021, there was a rapid increase in construction across the United States and Canada. The residential sector was a key driver of the increasing demand for more housing units needing hydraulic power. For instance, construction spending in the United States registered significant growth in 2021 compared to 2020. As of 2021, the average construction spending in the private sector was around USD 1230 billion and over USD 346 billion in the public sector, thus creating significant market demand for hydraulic power. Also, construction projects in Europe like Crossrail1, Crossrail2, Heathrow airport expansion, Hinkley Point C nuclear plant (UK), and Fehmarn Fixed Belt link (Denmark) are likely to increase the need for hydraulic power during the forecast period. In January 2020, there were nearly 343 pre-construction coal-powered thermal power plants worldwide. The pre-construction plants are estimated to have a capacity of around 299 GW, which may drive the hydraulic power market considerably.

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The hydraulic power market forecast is segmented on the basis of operating pressure, component, application, end-user, and region. On the basis of the operating pressure of hydraulic power, the market is segmented into 0-750 PSI, 750-2000 PSI, 2000-3000 PSI, and more than 3000 PSI. On the basis of components, it is classified into power components, a control component, and an auxiliary component. On the basis of application, the market is divided into cutting, grinding, milling, multi-tooling, forming, rubber & plastic, handling, simulation & testing, and others. On the basis of end-use, it is segmented into mobile, industrial, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest share of the market, followed by Asia-Pacific and Europe.

The major companies profiled in this report include Bosch Rexroth AG, Brevini Fluid Power S.p.A, Nachi-Fujikoshi Corporation, Parker Hannifin Corporation, Weber Hydraulik GmbH, Hydac International GmbH, Hydro-Tek Co Ltd., Bailey International LLC, Eaton Corporation, Energy Manufacturing Company Inc., Hydromega, Branch Hydraulic Systems Ltd., Related Fluid Power Ltd., HCS Control Systems Ltd., Danfoss, Siemens AG, and Daikin Industries. The rapid development of industrialization, modernization, and investment in the development of the tourism industry has led to a surge in the construction and other sectors; which in turn has fueled the demand for hydraulic power. Additional growth strategies such as the expansion of production capacities, acquisition, partnership, and research & innovation in the application of hydraulic equipment in various sectors will provide a suitable platform for the development of hydraulic power market trends.

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Key findings of the study

Japan contributes around 3.9% of the total hydraulic power market share and would exhibit a CAGR of 5.7% during 2022-2031.
South Korea contributes around 2.51% of the total market share and would exhibit a CAGR of 7.0% during 2022-2031
As per global hydraulic power market analysis, by operating pressure, the 2000-3000 PSI segment accounted for the largest share of 46.2% in 2021.
By component, the auxiliary component was the leading segment in 2021 comprising 47.6% of the market share 2021.
By application, the cutting segment occupied a market share of 27.5% and is the leading segment in 2021.
By end use, the mobile segment was the highest revenue contributor in 2021 contributing a market share of 45.2% in 2021.
By region, North America was the leading segment in 2021expected to possess a CAGR of 5.2% during 2022-2031

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Increase in Demand for Frozen Food Packaging Market Will Grow High CAGR During Forecast Period

Rise in consumption of frozen ready meals and packaging as a tool for product differentiation are factors that drive the growth of the frozen food packaging market globally. However, stringent government regulations towards frozen food packaging impede the market growth.

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Frozen Food Packaging Market, by Type, Product Type, and Material: Global Opportunity Analysis and Industry Forecast, 2020-2031″ The frozen food packaging market was valued at $38,826.20 million in 2020, and is estimated to reach $63,980.50 million by 2031, growing at a CAGR of 5.03% from 2022 to 2031.

Various types of packaging, such as boxes, bags, cups & tubs, trays, wraps, pouches, and others are used to package frozen food products. Packaging not only extends the shelf life of the product but maintains its nutritional value as well. Rapid rise in popularity of convenience, increase in the purchasing power, and changes in lifestyle in emerging economies (China, India, and others) largely supplement the growth of the frozen food products, such as frozen vegetables, fruits, potatoes, meats, sea food, ready meals, and soup, which in turn, fuel the growth of frozen food packaging market. Moreover, the growth in demand for attractive and innovative packaging in the food industry for product differentiation is also one of the factors that drives the frozen food packaging market growth.

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Increase in popularity of fast-food restaurants, also known as the quick service restaurants (QSRs), majorly boosts the growth of the global frozen food packaging market. China and India stand out in terms of frozen food consumption, owing to their large population base and growth in number of QSRs such as McDonalds, Burger King, Wendy’s, Subway, and Dunkin’ Donuts, which contribute to the growth of the frozen food packaging industry. The business of QSR chains in India is expected to grow eight-fold, owing to rise in disposable income and increase in urbanization, which lead to higher consumption of packaged frozen food. According to the India Brand Equity Foundation (IBEF), by 2025, about 530 million people in India are anticipated to reside in urban areas, which offers an attractive opportunity towards the global QSR chains. This is expected to open potential opportunity for the manufacturers of frozen food packaging. Increase in demand for frozen ready meals due to increasing female participation in the workforce and changing family dynamics in developing regions, such as Asia-Pacific accelerate the growth of the frozen food packaging market. Sustainable packaging, low cost of manufacturing, and implementation of advanced technologies are few of the Frozen Food Packaging Market Trends suppoting the growth of the market worldwide.

The key players profiled in the report include Amcor Ltd., Ball Corporation, Bemis Company, Inc., Crown Holdings, Inc., Graphic Packaging International, Inc., International Paper Company, Pactiv LLC, Sealed Air Corporation, Sonoco Products Company, and WestRock Company. The other key market players (not profiled in this report) in the value chain include American Packaging Corporation, Berry Plastics, Caraustar Industries, CM Packaging, Emmerson Packaging, Flair Flexible Packaging Corporation, Graham Packaging Company Huhtamaki N.A., LINPAC Group, and Sabert Corporation.

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Key findings of the study

Frozen food packaging market analysis predicts that Asia-Pacific is expected to grow at the highest CAGR of 7.8% during the forecast period, followed by LAMEA.
Frozen food packaging for the ready meals segment accounted for the highest market share in 2021.
Plastics-based frozen food packaging accounted for the highest Frozen Food Packaging Market Share in 2021 and is expected to grow at the highest CAGR of 5.7%.
Europe generated the highest revenue, accounting for approximately two-fifths share of the market in 2021.
North America frozen food packaging market size is anticipated to grow at a decent CAGR from 2022 to 2031.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Gas Turbine Service Market to Surge at a Robust Pace in Terms of Revenue Over 2031

Rapidly growing modernization and industrialization across the globe have led to increase in the demand for power hence leading to the demand for gas turbine in the oil & gas industry and power generation industry. The increase in the population and growing awareness regarding the negative impact of the utilization of coal based power generation plants especially in North America and Europe region have boosted the demand for the gas turbine service market due to the shift from coal fired power plants to gas fired power plants.

A gas turbine is a combustion engine at the heart of a power plant that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces the electrical energy that moves along power lines to homes and businesses. The continuous utilization of gas turbine in the power generation and oil gas industry causes wear & tear of certain parts which lead to the demand for maintenance and repair to prolong the life of the equipment. The above-mentioned is one of the major factors driving the growth of the gas turbine service market.

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The demand for gas turbines is rising in the power generation industry with new emission control regulations. The industrial sector, including chemicals, metals, and manufacturing industries, is a major contributor to the escalating demand for industrial gas turbines. The production of natural gas, which is required for the functioning of gas turbines, is growing at a significant rate. For instance, in 2019, according to IEA Natural Gas Information, natural gas production hit a new high of 4,088 billion cubic meters. Gas turbines are less expensive, environmentally friendly, reliable, and efficient than engines based on other fuel sources, which is propelling their demand. According to Eurostat, natural gas accounts for 36% of the EU energy consumption High use in applications such as heating, electricity generation, and marine vehicle functioning is bolstering the demand for natural gas turbines, which in turn boosts the demand for the gas turbine service market growth.

The electric power, manufacturing, and marine transportation industries, among others, in developing countries, are highly dependent on fossil fuels. The rise in population and the lack of supporting infrastructure for electric technologies are the major factors supporting the growth of the gas turbine industry. The presence of alternative power generation sources which are eco-friendly to the environment compared to gas-fired power systems will hamper the development of the market.

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The global gas turbine service market forecast is segmented on the basis of turbine type, turbine capacity, service type, sales channel, end-use, and region.

On the basis of turbine type, it is segmented into heavy-duty, industrial, and aero-derivative. On the basis of turbine capacity, the market is segmented into less than 100 MW, 100-200 MW, and more than 200 MW. On the basis of service type, it is segmented into maintenance & repair, overhaul, and spare parts supply. On the basis of sales channel, the market is bifurcated into OEM and aftermarket. In addition, on the basis of end-use, the global gas turbine service market is segmented into power generation, oil & gas, and others.

Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Presently, North America accounts for the largest gas turbine service market share, followed by Asia-Pacific and Europe.

The major companies profiled in this report include Siemens AG, General Electric, Mitsubishi Heavy Industries, Ansaldo Energia, MAN Energy Solutions, Kawasaki Heavy Industries, Baker Hughes Company, Caterpillar, Opra Turbines, MTU Aero Engines AG, EthosEnergy, PROENERGY, MJB International LLC, Sulzer, and Centrax Gas Turbines. Due to the rapid development of industrialization, modernization has led to the development of demand for power from heavy manufacturing industries, and light manufacturing industries which in turn has fuelled the demand for gas turbines. The presence of the demand for gas turbines and the ongoing Upgradation of various thermal power plants in developing countries is driving the demand for the gas turbine service market. Additional growth strategies such as the expansion of production capacities, acquisition, partnership, and research & innovation in the gas-fired power generation systems have led to attaining key developments in the global gas turbine service market trends.

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Key findings of the study

North America would exhibit a CAGR of 4.7% during 2022-2031.
As per global gas turbine service market analysis, by turbine type, the heavy-duty segment accounted for more than ½ market share in 2021.
By turbine capacity, more than 200 MW possess a market share of 42.5% in 2021.
By service type, the spare parts supply and maintenance & repair segment in total contributed a market share of 88.4% in 2021.
By sales channel, the aftermarket segment is expected to possess a CAGR of 5.5% from 2022 to 2031
By end use, the power generation segment has the largest market share in 2021.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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