Author: louiswane

Global Advanced Bipolar Direct Energy Devices Market Share, Size, Growth, Analysis, Report and Forecast Period Of 2023-2031

The new report by Expert Market Research titled, ‘Global Advanced Bipolar Direct Energy Devices Market Trends, Size, Share, Growth, Analysis, Report and Forecast 2023-2031’, gives an in-depth analysis of the global advanced bipolar direct energy devices market, assessing the market based on its segments like products, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2031)

  • Historical Market Size (2020): USD 1.7 billion
  • Forecast CAGR (2023-2031): 13.4%
  • Forecast Market Size (2031): USD 5.2 billion

Advanced bipolar direct energy devices have various advantages, including the ability to treat skin damage and the ability to treat gynaecological and gastrointestinal operations. As a result, increasing surgeon knowledge of these benefits and demand for bipolar electrosurgical devices are projected to be the primary drivers of the market.

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Product demand is expected to rise as the number of laparoscopic procedures conducted rises. The market for advanced bipolar direct energy devices is expected to rise in tandem with the growing demand for less invasive surgeries.

Advanced Bipolar Direct Energy Devices Industry Definition and Major Segments

Advanced bipolar direct energy devices can be utilised to treat skin injuries as well as gynaecological and gastroenterological procedures.

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The market is divided on the basis of product into:

  • Electrosurgical Generator System
  • Bipolar Electrosurgical Device

The market is divided on the basis of application into:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Others

The global regions for advanced bipolar direct energy devices market include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Advanced Bipolar Direct Energy Devices Market Trends

The market is likely to develop as the number of laparoscopic operations rises. The electrosurgical generator system sector is one of the fastest-growing categories in the market, owing to factors such as the debut of new products by leading market players and its safety features.

The hospitals sector is expected to lead the market in the projected period, owing to an increase in the number of gynaecological and gastrological operations performed in health care settings. The Asia Pacific region, which is expected to develop at the quickest rate in the next years, will benefit from the rapid growth of the medical tourism business, support for public programmes, and the availability of educated surgeons.

Key Market Players

The major players in the market are Bovie Medical Corporation, Medtronic, (NYSE: MDT), B.Braun Melsungen AG, Xcellance Medical Technologies Pvt Ltd., Olympus Karl Storz, and Others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Global Food Grade Alcohol Market Share, Size, Growth, Analysis, Report and Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Global Food Grade Alcohol Market Trends, Share, Size, Outlook, Report and Forecast 2023-2028’, gives an in-depth analysis of the global food grade alcohol market, assessing the food grade alcohol market based on its segments like types, sources, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along withanalyzingthe market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2020): USD 7.35 billion
  • Forecast CAGR (2023-2028): 5.4%
  • Forecast Market Size (2026): USD 10.1 billion 

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The rising applications of food grade alcohol in the beverage sector is driving the growth of the market. The increasing prominence of alcoholic drinks like beer, whiskey, and wine raises the demand for food-grade alcohol, thereby driving the market. In addition to this, the demand for food grade alcohol in the food sector is enhancing the market growth owing to the diverse range of flavours and several uses of the product in food processing applications.

This can be associated with the coating, sweetening, bulking, anti-crystallising, and stabilising properties of food grade alcohol. The trends supporting the flourishing food and beverage sector include rising per capita disposable incomes, rapid urbanisation, and rising standards of living.

Food Grade Alcohol Industry Definition and Segmentation

Food grade alcohol refers to an ingredient that is popularly used in end-use industries like food, beverage, and pharmaceuticals. Also known as non-denatured alcohol, food grade alcohol is safe for human consumption owing to its purity which is attributable to a lack of additives.

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Based on type, the market can be distinguished into:

  • Ethanol
  • Sorbitol
  • Xylitol
  • Others

On the basis of source, the market can be divided into:

  • Sugarcane
  • Sugar Beet and Molasses
  • Grains
  • Others

Based on application, the market segmentations include:

  • Food
  • Beverage
  • Pharmaceutical and Nutraceutical

The regional markets for food grade alcohol include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Food Grade Alcohol Market Trends

In addition to applications in the food and beverage sector, the market growth of food grade alcohol is expected to be driven by applications in the pharmaceutical and nutraceutical sectors in the coming years.

Various alcohol-based ingredients find extensive use in the pharmaceutical and nutraceutical sectors as dietary supplements, functional food and beverages, and sanitisation products, among others, hence contributing to the market.

Key Market Players

The major players in the market are Cargill Incorporated, Spectrum Chemical Manufacturing Corp., Manildra Group, Wilmar International Limited, and Grain Processing Corporation, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Global Ventilators Market To Be Driven By The Rise In Geriatric Population And Novel Coronavirus (Covid-19) In The Forecast Period Of 2023-2031

The new report by Expert Market Research titled, ‘Global Ventilators Market Analysis, Share, Size, Scope, Trends, Report and Forecast 2023-2031’, gives an in-depth analysis of the Global Ventilators Market, assessing the market based on its segments like application, end user, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2031)

  • Historical Market Size (2022): USD 3.8 billion
  • Forecast CAGR (2023-2031): 10.3% 
  • Forecast Market Size (2031): USD 9.1 billion

The market for global ventilators has grown as the most common respiratory ailments worldwide are chronic obstructive pulmonary disease (COPD) and asthma. According to the World Health Organization (WHO), chronic obstructive pulmonary disease (COPD) is the third biggest cause of death worldwide, with roughly 3.23 million deaths projected in 2019.

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Lung disorders are on the rise because of changing lifestyles and increased air pollution. People are turning to smoke and drugs because of their increased stress levels because of their professional lives. Lung disorders are caused by all these harmful behaviors and air pollution
Market Segmentation.

A ventilator is a machine that blows air into a patient’s lungs to help them breathe (exchange of oxygen and carbon dioxide). Ventilation is a type of artificial respiration.

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Based on mobility, the market is divided into:

  • Intensive Care Ventilators
  • High-End ICU Ventilators
  • Mid-End ICU Ventilators
  • Basic ICU Ventilators
  • Portable/Transportable Ventilators

Based on the interface, the market is divided into:

  • Invasive Ventilation
  • Non-Invasive Ventilation

Based on the type, the market is divided into:

  • Adult/Pediatric Ventilators
  • Infant/Neonatal Ventilators

Based on the mode, the market is divided into:

  • Combined-Mode Ventilation
  • Pressure-Mode Ventilation
  • Volume-Mode Ventilation
  • Others

Based on the end use, the market is divided into:

  • Hospitals and Clinics
  • Home care
  • Ambulatory Care Centres
  • Emergency Medical Services

The regional markets for ventilators include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Ventilators Market Trends

The demand for ventilators had risen dramatically during the COVID-19 outbreak, as corona-infected persons typically have breathing problems. Another important factor driving the market is the growing geriatric population; the global geriatric population is increasing.

Key Market Players

The major players in the market are Philips Healthcare, ResMed Corp., Medtronic plc, Vyaire Medical Inc., Smiths Group plc, and others.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact : 

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Global Silicones Market Size To Grow At A CAGR Of 5% In The Forecast Period Of 2023-2028

The ‘Global Silicones Market Analysis, Size, Share, Growth, Outlook, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global silicones market, assessing the market on the basis of its segments like type, application, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Silicones Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2022): 2.52 million metric tons

The silicones market has been growing rapidly owing to its increasing use in the industrial processing of gas, pulp, oil, and paper. It helps in the production of silicone rubbers and oil and greases, and in the bonding and sealing of lacquers and materials which thereby increases the silicone demand from such industries.

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Further, the healthcare sector is also contributing to the growth of the market by increasing the demand for silicones for use in the production of catheters, silicone hydrogen lenses, implants, and dressings.

Silicone being a natural ingredient, friendly to the skin, and non-toxic is widely used in the personal care products. Derivative of silicones act as humectants, film formers, viscosity controlling agents, binding agents, emollients, surfactants, anti-foaming, and antistatic which makes it viable for use in these personal care products.

Products made using silicones are usually easy to use, aesthetically pleasing, and long lasting and these advantageous properties are increasing its demand from transportation, construction materials, and industrial processing sectors, among others.

Other properties such as versatility, conditioning benefits, high permeability, biocompatibility, and low surface tension are increasing its demand in home and personal care products thereby fuelling the growth of the silicones market.

Silicones Industry Definition and Major Segments

Silicones are also known as polysiloxanes and are a type of polymer that consists of inert and synthetic compounds made up of units of siloxanes. They are colourless oils or rubber-like substances whose molecules consist of chains comprising of alternating oxygen and silicon that are combined with carbon and hydrogen.

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On the basis of type, the market has been classified into:

  • Elastomers
  • Fluids
  • Gels
  • Raisins

Based on application, the market has been divided into:

  • Industrial Process
  • Construction Materials
  • Home and Personal Care
  • Transportation
  • Energy
  • Healthcare
  • Electronics
  • Others

On the basis of region, the market has been classified into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Silicones Market Trends

The easy availability of the raw materials are a key trend in the global silicones market. Due to the availability, prices tend to be lower for silicones which is subjected to enhance the demand for silicones from various industries. Increasing use in the construction industry because of high stability, water repellence, weather resistance, and inert properties is also increasing the demand for the market.

Increasing population and urbanisation have also enhanced the need for silicones in construction materials for the development of residential and commercial infrastructure. Characteristics such as moisture resistance, electrical insulation, heat and chemical resistance, weatherability, tear strength, and high strength are further enhancing the growth of the market.

Asia Pacific has held a significant share in the silicones market, further supported by the presence of low cost raw materials in countries like China. Presence of large number of end users such as building and construction, transportation, industrial processing, electronics, and personal care and consumer products industries is helping in the growth of the market in the region. Silicone elastomers are highly in demand in the region, from various end-user industries.

Key Market Players

The major players in the global silicones market report are :

  • Elkem ASA
  • The Dow Chemical Company
  • Wacker Chemie AG
  • Shin-Etsu Chemical Co., Ltd.
  • Ferroglobe PLC
  • others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Global Microcrystalline Cellulose (MCC) Market Share, Price, Growth, Trends, Report and Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Global Microcrystalline Cellulose (MCC) Market Price, Share, Size, Trends, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global microcrystalline cellulose (MCC), assessing the market based on its segments like source, applications and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 5%
  • Forecast Market Size (2026): USD 1.36 billion

In the microcrystalline cellulose (MCC) industry, Asia Pacific is emerging as the market leader. This is due to the rapidly increasing population in developing economies.

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Household disposable income has been rising in countries such as India and China, resulting in a surge in demand for personal care products in the region, propelling MCC market growth. Because of the large population base of obese people in North America, significant growth is expected.

This is expected to increase demand for low-fat, healthy foods, thereby propelling the microcrystalline cellulose industry forward.

Microcrystalline Cellulose (MCC) Industry Definition and Major Segments

Microcrystalline cellulose (MCC) is pure cellulose that has been partially depolymerized. Acid hydrolysis, reactive extrusion, and steam explosion are just a few of the processes that use the cellulose precursor. MCC is used in a variety of industries, including food and beverage, pharmaceuticals, and personal care.

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Based on source, the microcrystalline cellulose industry is segmented into the following:

  • Wood Based
  • Non-wood Based

On the basis of application, the industry is divided into the following:

  • Pharmaceutical
  • Food and Beverage
  • Cosmetics and Personal Care
  • Others

On the basis of regional markets, the industry is divided into:

  • North America
    • United States of America
    • Canada
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Others
  • Latin America
    • Brazil
    • Argentina
    •  Mexico
    • Others
  • Middle East & Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others

Microcrystalline Cellulose (MCC) Market Trends

MCC is used as a fat-free substitute for foods that are unhealthy by nature. Because it is high in fibre, microcrystalline cellulose can help with digestion. MCC is an excellent source of a variety of nutrients. In recent years, there has been a surge in public awareness about personal health and fitness, which has boosted the market for microcrystalline cellulose. The global market demand for microcrystalline cellulose has been bolstered by the high prevalence of obesity and the demand for healthy eating habits.

MCC is also used in the pharmaceutical industry for fillers, disintegrating agents, anti-sticking agents, adsorbents, and capsule diluents, among other things. The MCC market will be boosted even more by the growing pharmaceutical industry. MCC is also increasingly used in cosmetics and personal care products for its role in improving product quality and effectiveness. This will have a positive impact on MCC’s market.

Key Market Players

The major players in the market are DuPont de Nemours, Inc., Asahi Kasei Corporation, Sigachi Industries Limited, Accent Microcell Pvt. Ltd., DFE Pharma GmbH & Co.KG.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.\

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Global Legal Cannabis Market Share, Price, Growth, Analysis, Report and Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Global Legal Cannabis Market Growth, Share, Size, Scope, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis global legal cannabis market assessing the market based on product type, application, distribution channel and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 23%

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The growing geriatric population that requires treatment for chronic conditions, as well as technological developments in cultivation, are all contributing to the expansion of the legal marijuana market around the world.

Legal Cannabis Industry Definition and Major Segments

Cannabis is a psychotropic substance made from the cannabis flower. In addition to being used medicinally, cannabis is eaten for its calming and relaxing properties. It is made up of marijuana and hemp and is used in industries like food and textiles. Cannabis and cannabis-based goods are legal now.

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The major products derived from legal cannabis are:

  • Marijuana
  • Industrial Hemp

The market can be broadly categorised on the basis of its application into:

  • Marijuana
    • Medical
      • Migraine
      • Arthritis
      • Cancer
      • Others
    • Recreational Use
  • Industrial Hemp
    • Personal Care
    • Hemp CBD
    • Food
    • Consumer Textile
    • Others

Based on distribution channel, the market is divided into:

  • Regulated Dispensary
  • Recreational Stores
  • Stand-Alone Retailer
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Legal Cannabis Market Trends

Increased demand for marijuana as a pain reliever in disorders including cancer, AIDS, seizures, and other ailments, as well as an increase in research into the therapeutic properties of marijuana are largely responsible for this market’s sizeable position. But the recreational application category is predicted to increase rapidly over the projection period. This increase is mostly due to the rise in the number of people who use marijuana now that it has been legalised, as well as the rising popularity of marijuana use as an alcohol substitute.

Following North America, Latin America, Europe, and Asia-Pacific each held a sizable portion of the worldwide legal marijuana market. Cannabis production and processing technology, a huge marijuana consumer base, and a shift in attitudes regarding marijuana use for both medical and recreational purposes are all factors that contribute to this region’s rapid growth.

Key Market Players

The major players in the market are Canopy Growth Corporation, Aurora Cannabis Enterprises Inc., Maricann Inc. and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Global Process Automation Market Share, Size, Trends, Outlook, Report and Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Global Process Automation Market Price, Size, Share, Growth, Trends, Scope, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global process automation market, assessing the market based on its segments like applications and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Value (2020): USD 167.2 Billion
  • Forecast CAGR (2023-2028): 6.6%

The global process automation market is fuelled by rapid technological advancements and a growing focus on productivity. North America and Europe are high-maturity regions of the industry, while the Asia Pacific is a medium-maturity market.

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Europe is the leading market in terms of future expansion, accounting for a significant proportion of the global process automation market share in 2020. The rise of the industry in Germany, the United Kingdom, and France is driving the demand in Europe, with Germany becoming the region’s leading exporter of process automation.

Process Automation Industry Definition and Major Segments

The use of automated technologies to execute a procedure or procedures in order to complete a workflow or function is referred to as process automation. Digital process automation is often referred to as “business process automation.”

A broad range of business procedures and operations can be automated, or at least partly automated, with human involvement at key points in workflows. Digital process automation benefits sales, marketing, manufacturing, supply chain, quality control, administration, IT, and management processes.

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The market can be divided based on application into:

  • Oil and Gas
  • Chemicals
  • Mining
  • General Industries
  • Consumer Goods
  • Pharma and Biotech
  • Power
  • Others

The regional markets for the product include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Process Automation Market Trends

In the forecast period, the global process automation market is expected to be led by a rising focus on increasing efficiency and eliminating dangerous manual activities.

North America’s market is mature, making it a better place to absorb advanced technologies, strategic alliances, and product collaborations from industries such as oil and gas, metals and mines, pharmaceuticals, chemicals, and others, boosting process automation’s growth.

Because of its proximity to North America, Latin America has the ability to expand process automation contracts in the oil and gas and mining sectors, boosting the market growth in the long run.

Key Market Players

The major players in the marketare Siemens, ABB, Emerson, Schneider Electric, Rockwell Automation, Inc., Mitsubishi Electric, Danaher Corporation, Yokogawa Electric Corporation, and Endress+Hauser, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact : 

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
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Address: 30 North Gloud Street, Sheridan, WY 82801, USA
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Global Positive Displacement Pumps Market To Be Driven By Growing Product Utilisation In Wastewater Treatment Facilities In The Forecast Period Of 2023-2028

The new report by Expert Market Research titled, ‘Global Positive Displacement Pumps Market Growth, Share, Size, Trends, Price, Analysis, Report and Forecast 2023-2028’, gives in-depth analysis of the global positive displacement pumps market, assessing the market based on its segments like product type, capacity, pump characteristics, raw material, end-use and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028): –

  • Historical Market Size (2022): USD 13.23 billion
  • Forecast CAGR (2023-2028): 4.80%
  • Forecast Market Size (2028): USD 17.53 billion

The positive displacement pump market is being driven by factors such as rising environmental consciousness, spiralling costs, and dwindling resources. A large number of water-dependent industries are installing water treatment systems to boost efficiency, increase profitability, and preserve the sustainability of their operations.

Furthermore, increased activity in the oil and gas industry following the downturn is boosting demand for positive displacement pumps, especially in North America. During the forecast period, however, increasing raw material costs and issues with positive displacement pump maintenance are expected to restrain the market.

Positive Displacement Pumps Industry Definition and Major Segments

Positive displacement (PD) pumps, also known as constant flow machines, are used to move fluid from the inlet pressure portion to the discharge channel. They assist in maintaining a steady liquid flow regardless of backpressure. Positive displacement pumps, unlike conventional centrifugal pumps, ensure the fluid advances at a steady rate regardless of pressure.

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On the basis of product type, the global positive displacement pumps market is divided into:

  • Rotary Pumps
  • Vane
  • Screw
  • Lobe
  • Gear
  • Progressing Cavity (PC)
  • Others
  • Reciprocating Pumps
  • Piston
  • Diaphragm
  • Plunger
  • Others
  • Peristaltic
  • Others

Based on capacity, the industry is segmented into:

  • Low Capacity Pumps
  • Medium Capacity Pumps
  • High Capacity Pumps

On the basis of pump characteristics, the industry is divided into:

  • Standard Pumps
  • Engineered Pumps
  • Special Purpose Pumps

The various raw materials available in the industry are:

  • Bronze
  • Cast Iron
  • Polycarbonate
  • Stainless Steel
  • Others

The product finds end use in various sectors like:

  • Oil and Gas
  • Water and Wastewater
  • Automotive
  • Chemicals and Petrochemicals
  • Others

Based on region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Positive Displacement Pumps Market Trends

Increased wastewater treatment industry demand necessitates adequate and timely testing and monitoring due to comprehensive regulatory controls of newly discovered contaminants. Water shortage is still a major concern, and desalination technology is still expensive, so wastewater treatment is becoming more important to meet the demand for clean and healthy drinking water. During low-flow/high-head operation, reciprocating pumps can have an efficiency of more than 90%, while centrifugal pumps can only have an efficiency of 40%.

As a result, a reciprocating pump helps end users to save a significant amount of energy. High-pressure water blasting, seawater reverse osmosis, washing and cutting, mine de-watering, metal de-scale, hydraulic charge, hydrostatic examination, chemical processing, and pressure mixing are just a few of the industrial applications for these pumps.

Countries in Asia-Pacific, such as India and China, are seeing a rise in industrial activity, which is driving up demand for crude oil, chemicals, and pharmaceuticals, among other things. Due to China’s rapid industrialization and economic development in the past, the market studied has seen significant growth. The country’s strong industrial infrastructure provides numerous opportunities for the positive displacement pump industry.

Key Market Players

The major players in the market are Flowserve Corporation, Grundfos Pumps Pty. Ltd, ITT Inc., KSB SE & Co. KGaA, ALFA Laval, Schlumberger Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us :

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact :

Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com