Breast Feeding Accessories Market Latest Innovations 2019 by Global Analysis Size, Share, Technology Advancement, Industry Trend with Business Growth by 2024

Breast Feeding Accessories Market Latest Innovations 2019 by Global Analysis Size, Share, Technology Advancement, Industry Trend with Business Growth by 2024

Market Research Future
Market Research Future Added a Very Unique and Huge Research Report “Breast Feeding Accessories Market” This Research Report Show the Information by Product Breast Pumps, Breast Milk Bottles, Nipple Care Products, Breast Shells, Breast feeding Pillow and Cleaning Products, End User Hospitals & Clinics and Personal and Region Till 2024

Breast Feeding Accessories Market Highlights:

Over the past few years, the breastfeeding accessories market is growing rapidly, mainly due to the rising uptake of these equipment. Also, the increasing disposable income and the adoption of modern lifestyle is boosting the growth of the market. The growing awareness about the advantages that breastfeeding accessories offer and increase in women employment rates drive market growth predominantly.

According to Market Research Future (MRFR), the global breast feeding accessories market is expected to demonstrate a spectacular growth by 2024. In its recently published analysis, MRFR also asserts that the market would register a CAGR of 7.8% throughout the forecast period (2018 – 2024). Favorable policies promoting breastfeeding and improving healthcare infrastructure are boosting the growth of the market.

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The wellbeing of children is of the utmost priority for parents. Researches indicate that nowadays, parents are more inclined towards breastfeeding accessories that are made using green, innovative, and recyclable materials. Manufacturers are efficiently meeting the demand for emphasized care by making recyclable products. After all, it is an essential factor that will increase sales and extend their sales networks.

On the other hand, after-use effects such as rashes/ lesions and high cost associated with the use of breastfeeding accessories are some of the key factors hampering the growth of the market. Nevertheless, an increase in awareness towards advantages of hygiene, light-weight material, and easy to carry & reusability properties would support the growth of breast feeding accessories market. 

Global Breast Feeding Accessories Market – Competitive Analysis

Highly competitive, the breast feeding accessories market appears to be fragmented due to the presence of several large and small-scale key players. These players incorporate strategic initiatives such as collaboration, mergers & acquisitions, expansion, and product & technology launch in order to gain a substantial market share. Players compete based on pricing, innovation, product differentiation, and category extension. Manufacturers strive to find ways to reduce raw material prices. Raw material suppliers determine the prices of raw materials, which has an impact on the business.

Major Players:

Players leading the breastfeeding accessories market include Koninklijke Philips N.V. (UK), Medela LLC (US), Ameda (US), Pigeon Corporation (Japan), Nuby (USA), Artsana S.p.A. (UK), Handi-Craft Company (US), Medline Industries Inc. (US), NNUK USA LLC (US), and Tommee Tippee/Mayborn Group Limited (UK), among others.

Industry/Innovation/Related News:

September 11, 2019 —- Carolina’s Home Medical Equipment, Inc. (CHMEI – the US), a leading provider of various medical equipment, announced the launch of its new division – CHMEI BreastPumps. The new unit would be solely focusing on helping breastfeeding mothers get their breast pumps while enjoying their insurance benefit.

CHMEI BreastPumps work in simple three-step process – alleviating the stress moms experience while navigating the insurance world and allows them to get their breast pumps covered by insurance & shipped right to their doorstep. The company wanted to expand this line of business and improve the ease and access for new moms.

Global Breast Feeding Accessories Market – Segments

The report is segmented into three market dynamics to widen the scope of understanding,

By Product     : Breast Pumps, Breast Milk Bottles, Nipple Care Products, Breast Shells, Breast feeding Pillow, and Cleaning Products, among others.

By End-user    : Hospitals & Clinics and Personal, among others.

By Regions      : Europe, North America, APAC, and the Rest-of-the-World (RoW).

Global Breast Feeding Accessories Market – Regional Analysis

North America dominates the global breast feeding accessories market with the largest market share. Factors such as the development in healthcare infrastructure, increasing demand for advanced breastfeeding accessories, and favorable policies promoting breastfeeding in this region drive the regional market growth. Besides, the increasing awareness about breastfeeding equipment and the presence of a number of milk banks support the growth of the market.

Europe takes the second-leading position in the global breast feeding accessories market. Rising working woman populations, increasing government support for improving child health from the beginning, and growing numbers of hospitals & milk bank are fostering the growth of the market in this region.

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The breast feeding accessories market in the Asia Pacific region has emerged as a profitable market, globally. High birth rate, increasing consumer awareness, and increasing disposable income are factors augmenting the market demand in the region. Moreover, increasing woman employment and innovations brought by manufacturers of breastfeeding accessories to meet varying consumer needs are influencing the growth of the regional market. The rapidly growing market in developing economies like India, China, and Australia, alongside the rising government support, will boost the market growth in this region.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Brake System Market and Its Key Opportunities and Challenges

Brake System Market and Its Key Opportunities and Challenges

Brake System Market
Brake System Market by Type (Disc & Drum), Electronic Brake System (ABS, TCS, ESC, & EBD), Off-Highway Vehicles (Construction & Agriculture), Vehicle Type (Passenger Car, Light & Heavy Commercial Vehicle), and Region – Global Forecast to 2021

The Brake System Market is projected to grow at a CAGR of 6.94%, to reach $31.94 Billion by 2021, during the forecast period as per a report by MarketsandMarkets. 

What are the opportunities offered by the brake-by-wire system?

Brake-by-wire system is one of the latest technologies that help to achieve weight reduction targets. The brake-by-wire system eliminates the mechanical linkages between a system and replaces them with electric wires, motors, and actuators to help reduce the weight as well as to improve the response time of the system. In traditional brake systems, hydraulic pressure is generated by pressing down on the brake pedal, which then used to activate brake shoes or pads. On the other hand, brake-by-wire replaces the hydraulic and physical linkages between various components of a system and uses electrical signals to actuate the brakes. Several attempts have been made to create a feasible brake-by-wire system over the years, but the technology is yet to be commercialized in mass production levels. The major cause for the failure of this technology is the associated risk of the ECU failing or a misinterpretation of the data received through sensors.

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One of the pioneers of this technology is Mercedes-Benz (Germany), which launched its Sensotronic brake system. Toyota (Japan) introduced an electro-hydraulic brake system in 2001 for its Estima Hybrid. Brake-by-wire technology is predominantly used in hybrid and battery electric vehicles. Bosch (Germany) has developed a vacuum independent, electromechanical brake booster for the efficient braking system. The potential widespread adoption of this technology in the mainstream vehicle will present an opportunity for various automotive OEMs as well as brake manufacturers.

How Brake emissions are a challenge to the Brake Systems market?

Reducing the emissions from brake wear is the biggest challenge for the brake industry. Exhaust and non-exhaust vehicular emission sources are estimated to contribute almost equally to particulate matter (PM) emissions. The frictional contact between the disc and the pad generates particles of various sizes. 

Brake wear is a substantial contributor to particulate matter emission among the non-exhaust vehicular sources. It is significant in areas having high traffic density and braking frequency. On the contrary, its emission contribution is lower on freeways due to lower braking frequency. According to a study published in American Chemical Society, brake wear can contribute up to 55% by mass to total non-exhaust traffic-related PM10 emissions and up to 21% by mass to total traffic-related PM10 emissions in urban environments. According to EPA estimates, approximately 60% of the total brake wear is emitted as airborne PM. Some constituents of airborne brake wear particles are potentially dangerous to human health. 

In general, braking emission rates are higher during braking, low-speed coasting, and medium speed coasting. According to a study done by EPA for heavy heavy-duty (HHD8), emission rates are the highest among all vehicle types during braking and low and moderate speed coasting. For light-duty vehicles, the emission rate is the lowest in every operation mode. OEMs are tackling this challenge with the development of brake friction material to produce reduced wear.

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Some of the key manufacturers operating in the Brake System Market are Continental AG (Germany), ZF Friedrichshafen AG (Germany), Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Wabco Holdings, Inc. (U.S.), and Knorr-Bremse (Germany).

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Automotive Safety System Market by Technology (Active (ABS, ESC, BSD, LDWS, TPMS) and Passive (Airbag, Pedestrian and Whiplash Protection)), On-highway (PC, LCV, Buses, Trucks), Off-highway, EV, Offering (Hardware, Software) – Global Forecast to 2025

 

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Automotive Glass Market and Its Key Opportunities and Challenges

Automotive Glass Market and Its Key Opportunities and Challenges

Automotive Glass Market
Automotive Glass Market by Type (Laminated, Tempered), Application (Windshield, Sidelite, Backlite, Rear Quarter Glass, Side & Rear-View Mirrors), Material (IR-PVB, Metal Coated, Tinted), ICE & EV, Aftermarket, and Region – Global Forecast to 2025

The Automotive Glass Market is projected to grow at a CAGR of 4.80% during the forecast period, to reach a market size of USD 23.59 billion by 2025 from USD 16.21 billion in 2017 as per a report by MarketsandMarkets. 

How lightweight & energy-efficient smart glasses will be a major opportunity?

New technologies and applications in the automotive glass market such as smart glass and Gorilla glass are aimed at enhancing comfort and efficiency. Smart glass such as thermos chromic glass reduces heat buildup in the cabin, thus reducing the load on air-conditioning, which in turn reduces carbon emissions and improves fuel efficiency. The electrochromic glass allows the passengers to adjust the transparency of glass as per their needs. Suspended Particle Device glass uses electricity to switch between dark and light shades and is generally used in sunroofs.

Tinted glass is used for absorbing solar radiation. Solar control glazing not only absorbs but also reflects solar radiation, thus regulating cabin temperature. This, in turn, increases the fuel efficiency as the air-cooling load is taken off the engine.

In 2017, Corning launched Gorilla glass for the automotive industry. The glass is treated with additional materials to protect it from extreme conditions such as severe winter cold or summer heat. The glass is stronger and lighter than conventional auto glass. The gorilla glass is also 40% lighter than laminated glass, which leads to better fuel efficiency. The glass also supports higher clarity and a wide viewing area for HUD. Ford GT and BMW i8 are the early adopters of Gorilla glass. Smart glass and Gorilla glass provide an excellent opportunity for glass manufacturers to not only reduce emissions but also increase their revenues.

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How low-cost glass in the independent aftermarket will impact the automotive glass market?

The automotive glass suppliers in the aftermarket provide economical alternatives to consumers as compared with glass fitted by OES, especially for windshields. According to Glass Doctor, aftermarket manufactured windshield is cheaper by about USD 100 and requires 30 minutes lesser for installation as compared with OES manufactured windshield. However, the safety of automotive glass manufactured in the Independent Aftermarket (IAM) is generally lesser than that offered by OES due to various factors. It is thinner than OES made glass, has an improper fit and does not undergo stringent safety inspections. The glass manufactured in IAM is locally produced, which reduces the transportation costs for the manufacturer and lowers its price. These factors make IAM glass cheaper than glass supplied by OES. Consumers, therefore, prefer IAM glass, especially in developing countries such as India and China. Independent aftermarket players thus have a price advantage over OES due to localized production and low product realization costs.

Thus, independent aftermarket glass manufacturers pose a significant challenge for OES as they provide consumers a variety of price points. They present a greater challenge in emerging economies where consumers are more price-sensitive than their counterparts in developed countries.

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The major players in Automotive Glass Market are Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Samvardhana Motherson (India), Webasto (Germany), Xinyi Glass (China), Nippon Sheet Glass (Japan),  Gentex Corporation(US), Corning (US), and Magna International (Canada)

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Dental Equipment Market Technology Advancement 2019 to 2023 | By High Growth Industry Size, Share, Top Manufactures, Competitive Landscape by 2023

Dental Equipment Market Technology Advancement 2019 to 2023 | By High Growth Industry Size, Share, Top Manufactures, Competitive Landscape by 2023

Market Research Future
Global Dental Equipment Market Research Report Information by Product (Dental Radiology Equipment, Dental Lasers, Systems & Parts, Laboratory Machines, Hygiene Maintenance Devices and others), by Treatment (Orthodontic, Endodontic, Periodontics and Prosthodontic), by End User (Hospitals & Clinics, Dental Laboratories and others) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) – Forecast till 2025

Dental Equipment Market – Overview

Market Research Future (MRFR) announces the publication of its research report global dental equipment market, 2019–2025. The global dental equipment market was valued at USD 8,236 million in 2018 with the CAGR of ~5.20% during the forecast period of 2019–2025.

Dental equipment are devices used by dental professionals to treat dental conditions. This includes tools to manipulate, examine, procure, and remove teeth as well as its surrounding oral structures. Dental caries and periodontal diseases are the dental conditions that will affect the major population.

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Key Players

Some of the Key Players in the global dental equipment market are Sirona Dental Systems, Henry Schein, Inc., Dentsply International, Inc., Biolase Inc, Patterson Companies Inc., KaVo Dental, A-dec Inc., Midmark Corporation, 3M, Bien-Air Medical Technologies, GC Corporation, Carestream Health Inc., Danaher Corporation.

Segmentation

The global dental equipment market has been segmented based on product, treatment, end user, and region.

The market, based on the product, has been bifurcated into dental radiology equipment, dental lasers, systems & parts, laboratory machines, hygiene maintenance devices, and others. Dental radiology equipment has been sub-segmented into intra-oral and extra-oral. Dental lasers has been further sub-segmented into diode lasers and carbon dioxide lasers. Systems & parts has been further sub-segmented into CAD/CAM, cast machine, and others. Laboratory machines has been further sub-segmented into ceramic furnaces and others. The systems & parts market is expected to hold a major share in the market. As there has been an increase in the demand for CAD/CAM system as it minimizes the time for dental procedures and diagnostic improvement. Additionally, various laboratory technicians, as well as dentists, use new tools that are useful and developed for computer-aided design and digital impression.

The market, by treatment, has been classified as orthodontics, endodontics, periodontics, and prosthodontic. Among these, the prosthodontic segment is the largest as well as fastest in terms of value and is predicted to achieve more revenue in the upcoming market. For example, as per the World Health Organization (WHO), in February 2018, between 2015- 2050 the proportion of old age population will increase exponentially from 12% to 22%.

The market, by end user, has been divided into hospitals & clinics, dental laboratories, and others. The hospitals segment is the largest end user of dental equipment and is expected to have a major market share all around the globe as most of the dental conditions are being performed at hospitals. The dental laboratories segment is expected to be the fastest growing owing to the rise inpatient population.

Regional Analysis

The market has been divided by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The dental equipment market in the Americas has further been branched into North America. The European dental equipment market has been sub-divided into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, Italy, Spain, the UK, and the rest of Western Europe. The dental equipment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia Pacific. The dental equipment market in the Middle East & Africa has been divided into the Middle East & Africa

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On a regional basis, the dental equipment market in Asia-Pacific is expected to register a fast CAGR during the forecast period. The North American region holds the largest share of the global market. This is due to the adoption of innovative technologies, lenient regulations, an increase in medical tourism, and the demand for dental procedure increasing in various countries are anticipated to propel market growth.

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Reservoir Analysis Market and Its Key Opportunities and Challenges

Reservoir Analysis Market and Its Key Opportunities and Challenges
The reservoir analysis market is expected to grow from an estimated USD 7.32 Billion in 2017 to USD 8.95 Billion by 2022, at a CAGR of 4.11% from 2017 to 2022.

The global Reservoir Analysis Market is estimated to be USD 7.32 billion in 2017, and is expected to grow at a CAGR of 4.11%, from 2017 to 2022 as per MarketsandMarkets. 

Why exploring unconventional reservoir continues to offer more opportunities?

Reservoir analysis of unconventional plays is based on same principles and workflows as in conventional plays, but requires additional specialized knowledge. The flow regime, fluid properties, and petro physics in unconventional reservoir vary from conventional reservoir. The well stimulation (i.e. fracking) and completion technology need to be separately designed for these types of reservoirs. Due to continuously growing energy demand, operators are now developing more complex and costly unconventional oil & gas plays. Understanding the geo-mechanical behavior of such systems throughout the production lifetime then becomes inevitable. Planning successful completions and production of unconventional plays requires a detailed knowledge of reservoirs heterogeneity and anisotropy. Reservoir analysis services aids to understand these effects by measuring and modeling horizontal and vertical variations in mineralogical and mechanical properties, as well as the distribution and characterization of faults and natural fractures that influence hydraulic fracturing and production rates.

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Why identifying small scale reservoir compartments remain a major challenge?

Reservoir compartments deal with faults, fractures, and thin layers in any reservoir. Reservoir compartmentalization can be caused by sealing faults or depositional discontinuities in any reservoir. It can have an adverse effect on oil or gas recovery factors by reducing the efficiency of production well. Many under-performing field developments had unidentified compartments as a root cause. Thus, it is a huge challenge for reservoir analysis market to characterize reservoir compartments as early as possible. One factor which leads to reservoir compartmentalization is disequilibrium in the fluid system in different parts of the reservoir, caused by variations in pressure, fluid contacts, fluid chemicals, or physical properties.

 

Key players in the reservoir analysis market include Schlumberger Limited (U.S.), Halliburton Company (U.S.), Baker Hughes Incorporated (U.S.), Weatherford International, PLC (Switzerland), Roxar Software Solutions AS (Norway), SGS SA (Switzerland), Core Laboratories (U.S.), ALS Oil & Gas (Australia), CGG SA (France), Expro International Group Holding, Ltd. (U.K.), and Trican Well Service Limited (Canada) among others.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
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Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

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Antifreeze Market and its key opportunities and challenges

Antifreeze Market and its key opportunities and challenges

Antifreeze Market
Antifreeze Market By Product (Ethylene & Propylene Glycol, Glycerin), Additive Technology OE & Aftermarket (IAT, OAT, & HOAT), Vehicle Type (Passenger Car, Light & Heavy Commercial Vehicle, Construction Equipment) & Region – Global Forecast to 2021

The global Antifreeze Marketfor original equipment was valued at USD 687.5 million in 2016 and is projected to grow at a CAGR of 5.18% during the forecast period as per a report by MarketsandMarkets. 

How environment-friendly and bio-based coolants and antifreeze will be a major opportunity?

The commonly used base fluid in coolants is ethylene glycol. It is a by-product of crude oil and is widely accepted, given its low manufacturing and refining costs. Ethylene glycol is toxic in nature and has resulted in several cases of animal poisoning. Reasons such as these have compelled manufacturers to explore other bio-based coolants that can be used as an alternative for ethylene glycol and would also contribute to environment protection. The next less toxic option is propylene glycol, which is being used today in various countries. Propylene glycol is labeled as “pet safe” and is comparatively safe to use than ethylene glycol. Both glycols are manufactured using natural gas, which is a nonrenewable resource. The engine coolant and antifreeze suppliers are working toward the use of bio-based resources to decrease the harmful effects of glycols on environment. For instance, DuPont Tate & Lyle Bio Products (U.S.) has a brand named Susterra, which is a bio-based glycol named 1, 3-Propanediol (PDO); this is completely manufactured using renewable and bio-based materials. This engine coolant and antifreeze is used in passenger cars and other light and heavy-duty vehicles. This bio-based, glycol-based coolant offers lower maintenance, prevention from early degradation, and increased replacement miles. Glycerol is also made from renewable resources and is environment friendly. Glycerol is a by-product of bio-diesel. Increase in biodiesel production since 2004 has led to an increase in the production of glycerol. Thus, the demand and supply of glycerin has increased, presenting an environment-friendly solution to the world.

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How engine downsizing will impact the demand for engine coolant and antifreeze?

With the rising demand for improved fuel economy and stringent emission regulations, the demand for downsized engine is increasing. With engine downsizing and the need for higher power, the heat generated in the system has increased. Removing excess heat with the help of engine coolant and antifreeze has become a challenge for the Tier-2, Tier-1 companies, and OEMs. For instance, BASF SE has developed an engine coolant—GLYSANTIN G64—for downsized engines. This coolant is specifically designed for high performance small size engine with tremendous heat flowing continuously. On the other hand, developments are going on in the field of nano fluid or nano coolant. Nano fluid is used as a coolant for smaller size engines and it provides better radiator positioning. Nano coolant has nano-scale particles suspended in carrier liquid and these coolants transfer heat efficiently with the help of advanced thermo physical properties.

Key Players:

The ecosystem of the Antifreeze Market for automotive industry consists of antifreeze manufacturers such as BP PLC (U.K.), Royal Dutch Shell PLC (Netherlands), Total (France), and Chevron Corporation (U.S.). Antifreeze is supplied to major OEMs in the automotive industry including Nissan (Japan), Ford Motor Company (U.S.), Honda (Japan), and others.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/automotive-antifreeze-market-241952403.html

Automotive Suspension Market and its key opportunities and challenges

Automotive Suspension Market and its key opportunities and challenges

Automotive Suspension Market
Automotive Suspension Market By Architecture (MacPherson Strut, Double Wishbone, Multi-link, Twist Beam, Leaf Spring, Air Suspension), System Type, Actuation, Component OE & Aftermarket, Vehicle (ICE, BEV, HEV, PHEV), and Region-Global Forecast To 2025

The global Automotive Suspension Marketis projected to grow at a CAGR of 3.88% during the forecast period, from an estimated USD 49.17 billion in 2016 to USD 68.84 billion by 2025  as per a report by MarketsandMarkets. 

How the use of lightweight material in suspension systemswill be an opportunity?

Manufacturers are consequently experimenting with a variety of material combinations to reduce the weight of the suspension and chassis components. A lightweight design can be made by downsizing and reducing the length of the suspension system without impacting its performance.

Aluminum is generally preferred by manufacturers for weight reduction, and further refinement in the design of multilink systems aids handling and improves ride comfort. However, owing to its high strength and ductility, recycling of aluminum continues to be a matter of concern. According to the European Aluminum Association, “A European car’s chassis and suspension system contain, on an average, 30% of total aluminum content (40–45kg) of the vehicle.” On the other hand, in North America and South-East Asia, the percentage of aluminum content is around 25%. The aluminum content varies significantly in different vehicle models. The application of aluminum in chassis and suspension will continue to grow, owing to the increasing demand for light weighting.

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The other option is to use composite leaf springs. Ford has used these springs in its Fusion model and has reduced the total vehicle weight by 25%. This has helped to reduce the mass of suspension and unsprung parts by 30%. Audi has also introduced a lightweight suspension spring composed of GFRP. This polymer achieves weight savings of 40%. Tier- 1 manufacturers are also focusing on the use of ultralight steel for automotive suspension systems. Designs made of this steel help in reducing cost as well as the overall weight of suspension system of the vehicle.

Why counterfeit suspension products in the aftermarket are a major challenge? 

The presence of counterfeit suspension components in the independent aftermarket is a growing concern for the organized suppliers. The products in the counterfeit market are cheap and made of low-quality materials, resulting in frequent failures and lower life of suspension. Owing to the low cost, customers are attracted to these products and purchase the same without checking their quality.

As these parts do not adhere to the OEM specifications, they lead to severe mechanical problems and system breakdown. The Asian region is known as the largest supplier of counterfeit products (2/3rd products are manufactured in China only). Along with China, the leading producers of counterfeit auto parts are Russia, India, Pakistan, and Uruguay. The OES, which supply the genuine suspension aftermarket parts, are seriously concerned about the counterfeit market, as they generate a key portion of their profits from the aftermarket, and a large chunk of their profits is lost to the players involved in the counterfeit market. While cheaper products affect the OEM’s profit margin, they also harm the performance of the suspension system and its products and lead to safety concerns. Suspension parts, such as shock absorbers, bushings, sway bars, and springs, are available in the counterfeit market at cheaper prices. Hence, the presence of counterfeit products poses a challenge for the OES operating in the aftermarket.

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Key Players:

The ecosystem of the automotive suspension market consists of manufacturers and Tier 1 suppliers such as ZF (Germany), Tenneco (US), KYB (Japan), Continental (Germany), Magneti Marelli (Italy), Mando (South Korea), NHK Spring (Japan), ThyssenKrupp (Germany), Sogefi (Italy), and Benteler (Austria).

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Air Suspension Market – Forecast to 2025
by Vehicle Type (LDV, Truck, Bus), Component (Air Spring, Shock Absorber, Compressor, ECU, Tank, Solenoid Valve, Height & Pressure Sensor), Technology (Electronic, Non-Electronic), Cab Suspension, Aftermarket, & Region

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.
630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: sales@marketsandmarkets.com

Media Contact
Company Name: MarketsandMarkets
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Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/automobile-suspension-systems-market-939.html

Shunt Reactor Market and its key Opportunities and Challenges

Shunt Reactor Market and its key Opportunities and Challenges

Key companies to provide shunt reactors are GE (US), Siemens (Germany), ABB (Switzerland), Fuji Electric (Japan), Mitsubishi Electric (Japan), CG (India), Nissin Electric (Japan), Zaporozhtransformator (Ukraine), TBEA (China), Toshiba (Japan), and Hilkar (Turkey).
The major drivers of the shunt reactor market include increasing demand for electricity, upgradation of the aging technology, and modernization of the T&D network.

The global Shunt Reactor Market was valued at USD 2.46 billion in 2016 and is projected to reach USD 3.19 billion by 2022, at a CAGR of 4.56%, from 2017 to 2022 as per a report by MarketsandMarkets. 

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Why increase in power generation capacity continue to offer more opportunities?

With the increase in world population, the demand for electricity is also increasing. Various developing nations are engaged in expanding their power generation capacity to provide electricity to a wider population. Because of industrialization and urbanization, demand for electricity increases, with increasing number of power plants. As more number of power plants are being constructed to cater the demand, investment toward strengthening the grid along with supporting infrastructures such as transformers and reactors would also grow.

Why low-quality products and development of alternate technologies remain a major challenge?

Established market players are currently facing issues due to the presence of grey market players. Grey market players, primarily from the North Asian regions such as China and Korea, are posing as a threat due to their competence of supplying cheap and low-quality products. These market players overpower the key players in terms of price competitiveness and the local supply network maintained by them, which is difficult for global players to achieve.

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Growing focus toward grid reliability and energy loss minimization during transmission, led to the introduction and development of alternate technologies such as FACTS (Flexible AC Transmission System), HVDC systems, and so on. Conventional methods of grid stabilization (using devices such as capacitors) have their own imbibed limitations in terms of effective performance and speed and are gradually paving the way for more efficient technologies such as FACTS and HVDC systems.

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Distribution Automation Market by Component (Field Device (Smart Meters, Voltage Regulators, and Smart Sensors), Software & Services, Communication Technology (Wired, and Wireless)), Type of Utility (Public, Private), and Region – Global Forecast to 2023

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
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Website: https://www.marketsandmarkets.com/Market-Reports/shunt-reactors-market-88691138.html

Laminated Busbar Market and its key opportunities and challenges

Laminated Busbar Market and its key opportunities and challenges
The laminated busbar market is projected to be USD 743.2 Million by 2017 and expected to grow at a CAGR of 6.21%, during the forecast period, to reach a market size of USD 1,004.5 Million by 2022.

The laminated busbar market was valued at USD 723.6 million in 2016 and is expected to grow at a CAGR of 6.21%, from 2017 to 2022, to reach a projected USD 1,004.5 million by 2022 as per a report by MarketsandMarkets.

Why growing number of smart cities continue to offer more opportunities?

The development of smart cities across the globe is paving the way for the growth of the laminated busbar market. Smart equipment installation helps to increase energy efficiency and results in energy savings. Smart equipment such as energy meters, parking meters, and intelligent traffic management systems use laminated busbars as their prime component. Commercial and residential construction, especially high-rise buildings, use busbars as they save space and eliminate the need for complex cabling. According to a research paper published by the Department for Business Innovation & Skills (UK), the global market for smart city solutions and the additional services required to deploy them is estimated to reach USD 408 billion by 2020. Various measures are being adopted by cities for increased efficiency, economic stability, optimization of energy, and higher environmental protection. In addition, government policies in favor of creating more smart cities are also driving the market. For instance, the government of India plans to construct 100 smart cities by 2020, for which USD 1.2 billion has been allocated during FY 2014 to 2015.

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Why instability of raw material prices remain a major challenge?

The price of raw materials such as copper insulating material (germanium or silicon) is dependent on the market subtleties within the insulation material segment. Copper or aluminum bars form the base of laminated busbars and have a significant impact on the busbar manufacturing sector. According to the IMF outlook 2015, in 2014 the average price of copper was USD 6,863.4 compared to USD 5,510.5 in 2015. As there is no product differentiation and the price of a product determines the dominance of a supplier in the market, absorbing cost variations upstream in the supply chain becomes critical for manufacturers.

 

Some of the top players in the laminated busbar market include Rogers Corporation (US), Amphenol Corporation (US), Mersen (France), Idealec SAS (France), and Sun King Power Electronics Group Limited (China). 

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Busbar Market – Global Forecast to 2021

The global busbar market is projected to grow at a CAGR of 5.48% from 2016 to 2021, to reach a size of USD 16.55 Billion by 2021.

https://www.marketsandmarkets.com/Market-Reports/busbar-market-181939364.html

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/laminated-busbar-market-211931233.html

In Vitro Diagnostics Market : Opportunities and Challenges

In Vitro Diagnostics Market : Opportunities and Challenges

The prominent players in the global in Vitro Diagnostics Market include Roche Diagnostics (Switzerland), Siemens Healthineers (Germany), Danaher Corporation (US), Abbott Laboratories (US), Thermo Fisher Scientific (US), Johnson & Johnson (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US)
With an increase in the demand for high-priced specialist therapies and safer drugs, the market for companion diagnostics has high growth potential. The growing importance of companion diagnostics is also providing growth opportunities for the diagnostics segment and, in turn, the IVD market.

The global In Vitro Diagnostics Market is projected to reach USD 87.93 Billion by 2023 from USD 68.12 Billion in 2018, at a CAGR of 5.2%, as per a report by MarketsandMarkets. 

How growing significance of companion diagnostics presents an opportunity?

Companion diagnostics include tests or assays intended to assist healthcare providers in making treatment decisions for patients, based on the best response to therapy. The co-development of companion diagnostics with therapeutic products has the potential to significantly alter the drug development process and commercialize drug candidates by yielding safer drugs with enhanced therapeutic efficacy quickly and cost-effectively. With an increase in the demand for high-priced specialist therapies and safer drugs, the market for companion diagnostics has high growth potential. The growing importance of companion diagnostics is also providing growth opportunities for the diagnostics segment and, in turn, the IVD market.

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Pharmaceutical companies are increasingly collaborating with diagnostic companies to make safer and more effective drugs. For instance, in October 2016, HTG Molecular Diagnostics Inc. (US) and Merck KGaA (Germany) entered into a comprehensive companion diagnostics master agreement. Similarly, in November 2015, Thermo Fisher Scientific Inc. (US) entered into an agreement with Novartis International AG (Switzerland) and Pfizer Inc. (US) to develop an NGS companion diagnostic oncology test.

Why operational barriers faced in conducting diagnostic tests is a challenge?

Clinical laboratories across major markets are still evolving; technicians face operational challenges in ensuring effective sample procurement, storage, and transportation, especially while adopting novel technologies such as NGS and lab-on-a-chip PCR devices. Laboratory space also needs to be reconfigured to meet the requirements of conducting specific molecular diagnostic tests used for pathogen detection, as a means of avoiding cross-contamination and ensuring efficient time management. This results in considerable cost escalation to maintain and operate advanced molecular diagnostic instruments, particularly those capable of handling a single sample type. Furthermore, due to the rapid mutation of microbes and the increasing outbreak of epidemics, clinical laboratories need to adopt innovative technologies capable of rapid sample diagnosis. However, the dearth of skilled and technically knowledgeable laboratory technicians to operate advanced molecular diagnostic products has hindered their overall adoption, particularly in emerging markets.

In addition, a reluctance to move from manual operations towards automation is another challenge for market growth. Many providers find it difficult to make the transition to IT-based approaches from manual or traditional approaches, or may not prefer to make the shift at all.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/ivd-in-vitro-diagnostics-market-703.html