APAC Electric Scooters and Motorcycles Market Analysis 2018-2025

The APAC electric scooters and motorcycles market is projected to reach 31.2 million units by 2025, according to P&S Intelligence.

The growth of the market is majorly driven by the rising urbanization in the growing economies of the APAC region such as India and China, the increasing demand for the means of transport in small cities in the APAC region, and the growing environmental concern and awareness.

Insights into market segments

On the basis of battery type, the APAC electric scooters and motorcycles market is segmented into sealed lead acid (SLA) and lithium-ion (Li-ion) batteries. Among these, the volume sales of the SLA category accounted for a larger share, accounting for 85% contribution in 2017. However, the Li-ion category is expected to grow at a faster rate when compared to the SLA category during the forecast period, owing to their light weight and longer expected life.

On the basis of technology, the APAC electric scooters and motorcycles market is segmented into plug-in and battery types. Among these, the plug-in category recorded higher sales by volume, accounting for more than 90% share in the market in 2017. The category is expected to continue its dominance in terms of size against the battery category during the forecast period as well, owing to ease of convenience and the lack of battery swapping infrastructure in the region.

The ever increasing urbanization in the developing nations of APAC are expected to benefit the sales of the electric scooters and motorcycles in the region during the forecast period. The developing economies like India and China primarily contribute to this rapid urbanization. In general, the travel needs of the population in such economies involve short and frequent rides, which can drive the growth of APAC electric scooters and motorcycles market.

Rising urbanization and increasing demand for lighter modes of transport expected to boost the market growthIncreased environmental concern and awareness raised by the government promoting the growth of the market

Governments of various countries in the region have been trying to raise awareness among the masses to adopt eco-friendly means of transport (electric, and hybrid-electric) through their awareness programs and initiatives. Also, the increased environmental concern for the degrading air quality by responsible institutions promoted the growth of the market in the recent past. Also, some of these nations provide subsidies for electric two-wheelers; for example, the government of India provides subsidy for the purchase of electric two-wheelers, thereby driving the APAC electric scooters and motorcycles market growth.

Some of the key players in the APAC electric scooters and motorcycles market are Yadea Group Holdings Ltd., AIMA Technology Group Co. Ltd., Zhejiang Luyuan Electric Vehicle Co. Ltd., Jiangsu Xinri E-Vehicle Co. Ltd., Dongguan Tailing Electric Vehicle Co. Ltd., and VMOTO Limited.

Read More

Automotive Regenerative Braking Systems Market - Rising Environmental Concerns Aiding Market Growth

The stringent government policies implemented for controlling greenhouse gas (GHG) emissions from vehicles and a shift toward cleaner vehicles are the key factors driving the growth of the automotive regenerative braking systems (RBS) market. In 2017, the market generated a revenue of $6,555.6 million, and it is predicted to progress at a CAGR of 18.6% during forecast period 2017–2023. These systems convert kinetic energy into electricity to charge the vehicle’s battery.

Based on storage type, the automotive regenerative braking systems market is categorized into ultracapacitors, batteries, flywheels, and hydraulics. Out of these, in 2017, the batteries category held the largest revenue share, of more than 70.0%, and it is predicted to maintain its dominance during the 2017–2023 period. This is attributed to the high installation rate of battery-based RBSs in passenger cars. However, ultracapacitors have superior charge-discharge properties, and even at –40 °Celsius, they burst high power, which is why these are anticipated to be the fastest growing category during the forecast period.

On the basis of vehicle type, the automotive regenerative braking systems market is bifurcated into passenger cars and commercial vehicles. Of the two, the passenger cars bifurcation is anticipated to lead the market during 2017–2023. This is ascribed to the accelerating sale of hybrid and electric passenger cars and extensive installation of RBS systems in these vehicles. Further, due to stringent government regulations, many automotive manufacturers have started using RBS in their vehicles to curb the GHG emission and boost fuel efficiency.

For instance, in 2015, the European Union implemented regulations focusing on a decarbonized transportation system. The policies aim at controlling the carbon dioxide emission to 95 grams per km for all passenger cars by 2021. Furthermore, as per the regulation, automakers are liable for fines (excess emission premium) which shall be levied as $105.07 for the first crossed CO₂ gram from 2019 onward. Besides, in order to encourage eco-friendly components, EU has started an incentive program, called Supper Credit, for automakers who limit the carbon emission below 50 grams per km.

Further, the surging number of vehicles on the roads have resulted in the rapid depletion of fossil fuel reserves. To check the reduction, various legislative bodies around the world have formulated regulations to control the fuel consumption per vehicle. For instance, in 2015, the European Commission regulated the fuel usage to 4.1 liters (petrol) for every 100 km and 3.6 liters (diesel) for passenger cars for each 100 km till 2021.

RBS stores around half the vehicle’s kinetic energy lost during traditional braking and decreases the fuel consumption by up to 30.0%. The retained energy is saved in energy storage units and used for various other applications, such as supplying power to headlights and phone charging units and for the start-stop process. Thus, in order to follow government regulations, the automobiles are being installed with RBS to reduce the GHG emission and increase fuel economy, thereby resulting in the growth of the automotive regenerative braking systems market. 

Hence, stringent government regulations and increasing adoption of RBS in the automobiles is augmenting the market growth...Read More

Read More

North America Is Expected to Maintain Its Dominance in the Global Market of Computed Tomography During 2016-2022

The global CT market is growing at a significant rate, due to increasing healthcare expenditure, and growing geriatric population. The increasing prevalence of chronic diseases and improving healthcare infrastructure in developing countries are also driving the growth of the global computed tomography market. However, the factors such as stringent regulatory requirements for the approval of CT devices, and side effects of ionization radiation are inhibiting the growth of the global market.

The information and data in the publication “Global Computed Tomography Market Size, Share, Development, Growth and Demand Forecast to 2022” represent the research and analysis of data from various primary and secondary sources. The bottom-top approach has been used to calculate the global market size by slice type and end user. 

Download Report Sample at:

The market numbers for countries are obtained through top-down approach. P&S Market Research analysts and consultants interacted with authorities from leading companies of the concerned domain, to substantiate every value of data presented in the report. The company bases its primary research on discussions with prominent professionals and analysts in the industry, which is followed by informed and detailed, online, and offline research.

Geographically, North America dominated the global market of CT in 2015; whereas the Asia-Pacific market is expected to witness the fastest growth, at a CAGR of 5.8%, during the forecast period.

Some of the key companies operating in the global CT market include Hitachi Ltd., Siemens AG, Toshiba Corporation, Samsung, General Electric Company, and Koninklijke Philips N.V.

Read More…

Read More

What are the market space and limitations by the industrial brakes key sellers?

The industrial brakes market is predicted to grow significantly due to the expanding construction and manufacturing industries and rising adoption of industrial internet of things (IIoT)-based sensors in manufacturing equipment. In 2016, the market valued at $830.3 million, and it is predicted to advance at a CAGR of 4.5% during the forecast period (2017–2023). Industrial brakes offer braking solutions in cranes, packaging machines, and construction machinery and equipment. These brakes, through consistent quality and automation, can increase a plant’s production capacity with minimum human supervision. 

Get a Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/industrial-brakes-market/report-sample

Based on type, the industrial brakes market is broadly classified into drum and disc brakes, spring brakes and mechanically, hydraulically, electrically, and pneumatically-applied brakes. Out of these, in 2017, electrically applied brakes led the market with a revenue contribution of more than 30.0%, and these are predicted to maintain their lead during the forecast period. This is ascribed to the fact that these brakes offer better performance and reliability over other types. Besides, these can be used for precision and accurate braking in automated packaging machines and industrial robotics. 

On the basis of application, the industrial brakes market is categorized into tension, holding, and dynamic and emergency brakes. Among these, in 2017, the holding brakes category held the largest share, of more than 55.0%, in the market, and it is expected to continue dominating it during the 2017–2023 period. The equipment and machinery in manufacturing units generally face heavy raw material loads during their processing and movement within the space. Thus, these brakes are important in hoisting and lifting payloads and platforms, as well as in material handling and lifts and escalators. 

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=industrial-brakes-market

Investments are being continuously made in the manufacturing niche for improving the production efficiency through automation. The increasing rate of industrial automation is boosting the adoption of automated equipment and machines. For instance, as per the National Association of Manufacturers, in 2016, the total contribution made by the manufacturers to the U.S. economy, as a result of automation stood at $2.18 trillion. Talking of investments, according to an India Brand Equity Foundation report, in 2016 during April–November, the manufacturing niche observed a foreign direct investment worth $16.13 billion. 

In recent years, developing economies, such as India, China, and several in Africa, have been experiencing significant growth and are anticipated to do so during the forecast period as well. The surging demand for manufacturing and construction equipment is predicted to accelerate the use of industrial brakes, thereby thriving the industrial brakes market. Furthermore, with rapid industrialization, urbanization, and electrification in developing countries, the construction and manufacturing industries are projected to grow significantly during the forecast period. 

Browse overview of this report @ Global Industry Analysis and Forecast to 2024

The penetration of industrial internet of things (IIoT) has fueled sensors’ application scope in industrial machinery. With the use of IIoT-based sensors, machines in industrial applications are able to apply emergency brakes in case of any mishap with the help of artificial intelligence-backed systems. Moreover, the proximity sensors installed near the machinery and assembly stations also improve the operation of automated brakes in different industries by improving the workstation safety. This is predicted to offer profitable opportunities to the manufacturer operating in the market. 

Thus, with the expanding construction and manufacturing industries and technological advancements in industrial equipment, the industrial brakes market is progressing.

Read More

Growing Biomedical Research and Focus on Personalized Medicine to Aid Cell Isolation Market

The global cell isolation market accounted for $4.6 billion revenue in 2017, and it is expected to attain a CAGR of 18.8% during the forecast period (2018–2023). The demand for cell isolation products and services is increasing due to the rise in requirement for biopharmaceuticals, growing research activities in personalized medicine, and increasing government funding for research. Cell isolation is the separation of one or multiple types of cells from a heterogenous cell population.

It has become an integral step in biological research, and routine diagnosis and treatment of certain diseases. Some cell types, such as blood cells, naturally exist in a separated form and thus can be isolated by employing centrifugation, whereas some others exist as solid tissues that require specific techniques to isolate the individual cell type. The global cell isolation market is witnessing growth owing to the rising demand for biopharmaceutical products derived from natural sources, such as plants, animals, and humans, that are easier to manufacture than conventional pharmaceuticals.

To learn more about this report : http://bit.ly/2mPYOoz

Biopharmaceuticals include monoclonal antibodies, recombinant proteins, and biosimilars, the manufacturing of which starts with cell separation and isolation techniques. Biopharmaceuticals are heavily employed to treat chronic conditions, mostly cancer, such as chronic myelogenous leukemia and melanoma. They are also used in various diagnostic assays, such as enzyme-linked immunosorbent assays (ELISA) and radioimmunoassay (RIA). Another major contributing factor to the growth of the cell isolation market is the increasing government funding in biomedical research.

The market is segmented by product, application, cell type, end user, geography, and technique. The product segment is categorized into instruments and consumables. During the forecast period, the consumables category is expected to attain the faster growth at a CAGR of 19.3%. This increase is attributed to the rising demand for various kits, media, beads, sera, reagents, and disposables that are required during the cell isolation process. On the basis of application, the cell isolation market is subdivided into tissue regeneration, stem cell research, cancer research, in-vitro diagnostics and therapeutics, and biomolecule isolation.

GLOBAL CELL ISOLATION MARKET SEGMENTATION

Market Segmentation by Product

·         Consumables

o    Reagents, Kits, Media, and Sera

o    Beads

o    Disposables

·         Instruments

o    Centrifuges

o    Flow Cytometers

o    Filtration Systems

o    Magnetic-Activated Cell Separator (MACS) Systems

Market Segmentation by Cell Type

·         Human Cells

·         Animal Cells

Market Segmentation by Technique

·         Centrifugation

·         Surface Marker

·         Filtration

Market Segmentation by Application

·         Biomolecule Isolation

·         Cancer Research

·         Stem Cell Research

·         Tissue Regeneration

·         In Vitro Diagnostics

·         Therapeutics

Market Segmentation by End User

·         Research Laboratories and Institutes

·         Hospitals and Diagnostic Laboratories

·         Cell Banks

·         Biotechnology and Biopharmaceutical Companies

Read More

How is Need for Less-Harmful Alternatives to Tobacco Smoking Driving South Korean E-Cigarette Market?

Growing awareness about the ill-effects of tobacco smoke inhalation and technological advancements are leading to the growth of  South Korea e-cigarette market globally. From $874.3 million in 2018, the market is predicted to expand to $3.5 billion by 2024 at a 24.3% CAGR during the forecast period (2019–2024).

Electronic cigarettes do not contain tobacco, rather come with a nicotine solution in a refill or vial, which, on being burnt, creates mist instead of smoke.

The product segment of the South Korean e-cigarette market is categorized into t-vapor, vaporizer, vape mod, and cig-a-like. Among these, vaporizers dominated the market during the historical period (2014–2018) in terms of volume and value, as these offer a similar experience provided by traditional cigarettes.

While these will keep leading the market in the forecast period, t-vapors would experience the highest revenue CAGR (30.6%), with global brands competing intensely to capitalize on their growing popularity.

The various distribution channels for e-cigarettes in the country include vape shops, tobacconists, hypermarkets/supermarkets, and online platforms. Among these, hypermarkets/supermarkets, vape shops, and tobacconists accounted for almost 65.0% value share in the South Korea e-cigarette market in 2018.

During the forecast period, online channels will experience the fastest growth as manufactures are increasingly using them to sell their products. As the health effects of such products are still unclear, the national government increased the taxes on e-cigarettes by 117.0% in 2015, making manufacturers look for alternative sales platforms.

South Korea E-Cigarette Market Segmentation

Market Segmentation by Product

• Cig-a-like
  • Disposable
  • Rechargeable
• Vaporizer
  • Open tank
  • Closed system
• Vape Mod
• T-Vapor
  • Heat-not-burn
  • Infused

Read More

Bottled Water Market is Expecting Worldwide Growth

Drinking water packed in glass or plastic bottles is referred as bottled water. Bottled water may or may not be carbonated. Bottled water continues to be a popular choice of consumers despite the carbonated soft drinks having established. Water sold in large bottles holding one to 2.5 gallons is relatively cheaper compared to carbonated water sold at higher prices per gallon. Increasing inclination of consumers from high calorie carbonated soft drinks to low calorie healthier options, such as bottled water, are driving the growth of global bottled water market.

Bottled water contributes a large portion in the global soft drinks industry. With increasing responsiveness among consumers about being hydrated by drinking safe water is driving the growth of global bottled water market. The demand and consumption of bottled water varies significantly from one region to another region. Increasing economic stability and urbanization in developing countries, such as China, Brazil, India and Mexico, is generating demand for bottled water. In emerging countries, consumer awareness towards the safe and clean water had driven the growth of the bottled water market.

Availability of convenience packaging and inability of the governments to provide reliable and safe drinking water are various other factors persuading the growth of global bottled water market. Bottled water market is less affected by fluctuating prices of raw materials. As water, which is the prime raw material used, is found in abundance, the bottlers’ sales margin depends on the price of plastic used for making the bottles.

Geographically, Asia-Pacific dominates the global bottled water market, followed by Europe. However, developing countries in Asia-Pacific such as India and China are expected to be the fastest growing regional market of the bottled water during the coming years. The expansion of bottled water market in developing countries is attributed to shifting inclination in drinking habits toward more hygienic drinking alternatives, rising disposable income, high consumption volume of water, and growing consumption of functional water in the region.

Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=bottled-water-market

Some of the major players in the global bottled water market include PepsiCo Inc., Nestle Waters, Groupe Danone, Icelandic Water Holdings ehf, The Coca- Cola Company, Mountain Valley Spring Company, LLC, Hangzhou Wahaha Group Co., Ltd., Sunny Delight Beverages Company, and Balance Water Company.

Read More

Growing Popularity of Connected Cars to Drive European Autonomous Car Market

The increasing support from the government to popularize autonomous cars, inclusion of connected car technologies, and need for increased safety on the roads are driving the European autonomous car market. Autonomous cars, also sometimes known as driverless cars, are capable of functioning without or little human intervention, by sensing the surroundings and navigating safely. Among the two types of such cars — semi and fully — fully autonomous cars are expected to register a sale of 4 million units by 2030, at a CAGR of 37.4% during 2023–2030.

The inclusion of artificial intelligence (AI) in autonomous cars is trending in the European autonomous car market. Autonomous cars development has only been possible due to this technology. Features such as driver monitoring, speech recognition, gesture recognition, eye movement tracking, natural language interfaces, and virtual assistance are essential for a car to become autonomous. Further, AI was also instrumental in the development of the advanced driver-assistance system (ADAS), which has driver condition evaluation systems, camera-based machine vision systems, and sensor fusion engine control units.

The categories of the country segment of the European autonomous car market are the U.K., Spain, Germany, Italy, France, and Rest of Europe. Among these, more than 20.0% of volume share was held by Germany due to the presence of large original equipment manufacturers (OEMs), such as BMW and Volkswagen AG. Throughout the forecast period, Germany is expected to account for the highest sales and revenue in the market. OEMs are planning to equipping autonomous cars with superior features such as smart park assist, blind spot detection, and anti-lock braking system.

The European autonomous car market players can use the deployment of such vehicles for mobility-as-a-service (MaaS) to increase their revenue. Considering that the chances of accidents are high in traditional car sharing, service providers would ultimately adopt autonomous cars for better passenger safety. As these cars are quite expensive for privately ownership, mobility services would witness an increase in their adoption. Many players have already entered the market, for instance, Navya, a French startup, which launched its first autonomous taxi in 2018.

Therefore, the market for autonomous cars in Europe is expected to grow at a steady rate due to the rising demand for such cars in the region for sharing purposes.

european investment in autonomous vehicles

Read More

Global Share of Low Speed Electric Vehicle Market to grow nearly 8.2% by 2025

Global LSEV market is projected to reach $68 billion by 2025, the growth of the market is majorly driven by rising environmental awareness and increasing government support, according to P&S Intelligence.

Insights into market segments

On the basis of voltage, the global Low Speed Electric Vehicle market has been categorised into 24V, 36V, 48V, 60V, and 72V. Of these, 48V is the most preferred voltage category due to its preference in electric scooters as it provides an optimal power to price ratio. However, the fastest growth during the forecast period is expected from the 72V category, due to the rising demand for high-speed LSEVs which use this voltage level.

By type of two-wheeler, the LSEV market is categorised into electric scooter, motorcycle, bikes, kick scooter, and mono wheel. Among these, electric bikes held the highest revenue share in the market, valuing over 50% in 2017. Electric scooters can reach top-speeds of 25-50km/hr, and are comfortable for long distance commuting. These characteristics of electric scooters, coupled with their lower price when compared to electric motorcycles, would continue to drive their market growth during the forecast period.

Asia-Pacific is the largest LSEV market

Globally, Asia-Pacific is the largest market for low speed vehicles, followed by North America and Europe. The Asia-Pacific market is led by China, which accounted for the largest share in terms of revenue in 2017, valued at more than 90%. The size of the country, population, technological advancements, and government support in the form of subsidies and regulations have made the country a big LSEV market in the region. China is also the largest exporter of these electric vehicles in the world. However, the fastest growth during the forecast period is expected from India, due to low penetration of LSEVs in the country.

E-bikes is the largest product category in Europe

Europe is the second largest Low Speed Electric Vehicle market in the world. E-bikes account for a majority of electric vehicles sold in the region. The e-bike market in Europe has seen a significant growth during the last few years; Germany, France, and Italy are the largest e-bike markets in the region.

Electric Motorcycles is expected to witness the fastest growth in North America
x

E-bikes account for the majority of electric vehicle sales in the North American LSEV market. The markets for kick scooters and mono wheels are at a nascent stage in the region. However, these categories are increasingly being seen as convenient modes of transportation for short trips. In 2018, Bird Rides Inc, a U.S. based start-up firm, raised $100 million funding for shared electric scooter services. The company plans to expand to 50 new cities in the U.S. by the end of 2018.

Competitive Landscape

Some of the major players operating in the LSEV industry are Terra Motors Corporation, Zero Motorcycles Inc., Changzhou Yufeng Vehicle Co. Ltd., Jiangsu Kingbon Vehicle Co. Ltd., Hero Electric Vehicles Pvt. Ltd., Jiangsu East Yonsland Vehicle Manufacturing Co. Ltd., ZHIDOU Electric.

Read More

How will the market drivers, restraints and future opportunities affect the MEA Specialty Chemicals Market dynamics and a subsequent analysis of the associated trends?

The increasing consumption of various types of agrochemicals owing to the advancement of agricultural practices is expected to fuel the Middle East and Africa (MEA) specialty chemicals sector growth. Agriculture is a dominant niche considering economic output and also a prominent income source in African nations. Agrochemicals are used for improving the soil fertility and preventing crop damage, mainly from weed growth and pests. 

Get a Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/mea-specialty-chemicals-market/report-sample

Further, major oil-producing nations, such as Nigeria, Saudi Arabia, and Iran, are engaging in the oilfield expansion in order to meet the rising requirement for the commodity, thereby resulting in significant growth of the sector. The MEA specialty chemicals market is witnessing rapid consolidation due to increasing merger and acquisition activities. For instance, in 2017, Saudi Basic Industries Corporation declared that it was focusing on nearly $6.0 billion business acquisition opportunities in specialty chemicals, petrochemicals, and fertilizers domains.

MEA has some of the largest oil producing countries in the world, namely, Saudi Arabia, Nigeria, and Algeria. These countries are also among the largest exporters of crude oil in the world and would continue to invest in the exploration and development of new oil fields. Owing to this, the demand for specialty chemicals used in oil fields is expected to rise in the region. Also, rising demand for specialty chemicals in the production of automotive lubricants is also expected to boost the MEA specialty chemicals market during the coming years.

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/market-analysis/mea-specialty-chemicals-market/report-sample

The demand for the product in the developed countries of the region has reached the maturity stage, owing to the saturate demand from end user industries. However, the demand of specialty chemicals in developing countries, particularly in African nations, has witnessed a rapid rise in recent years, mainly from the agriculture, electronics, and construction sectors. This allows the manufacturers to tap the potential in these developing countries and offers high growth opportunities for the MEA specialty chemicals market.

Specialty chemicals are also known as performance chemicals. They are used as ingredients in the manufacturing processes of consumer and industrial goods. These are low volume chemical products, which add significant value to different products. These chemicals can be used for producing a variety of products, including detergents, paints, electronics, and petroleum products.

Read More

Steady Growth Predicted for Structured Cabling Market Globally

The global structured cabling market generated revenue of $7669.8 million in 2017 and is expected to witness a CAGR of 5.5% during forecast period (2018–2023). Advancements in information technology (IT) are positively influencing the growth of the market.

Business enterprises are actively optimizing their IT infrastructure by adopting more efficient solutions, including structured cabling. It is a network that handles information in the form of data, voice, and videos, and can even manage complex building management systems easily.

Structured cabling offers a simple approach to manage systems with complex data transfer routes via transmission solutions that enable users to send data, voice, and signals in a manner, helping them make the most of the data transfer rate. The structured cabling market is huge and has diverse areas of growth.

Usually, the copper cables used in structured cabling are shielded twisted pair (STP), foil screened twisted pair (FTP), and unshielded twisted pair (UTP) type. In 2017, copper cable and copper components jointly held the major revenue share (60.0%) in the structured cabling market.

Request Sample Copy of Report :: http://bit.ly/2mGkEdJ

Product, wire category, application, end use, and region are the segments of the market that allow for a better understanding of the domain. On the basis of product, the market is divided into copper cable, copper components, fiber cable, and fiber components.

The increase in the number of internet users and rapid adoption of digital services have led to an exponential increase in the volume of sensitive data collected by organizations. Here, structured cabling provides the facility of data transfer at a higher speed, which is aiding the structured cabling market growth.

Read more related reports:

India Structured Cabling Market

Read More

Expanding Cement Industry Aiding the Liquid and Air Filter Bags Market Growth

Increasing disposable income, stringent government policies, expanding cement manufacturing and mining industries, and rising environmental standards on water and air pollution are the key factors driving the growth of the liquid and air filter bags market. In 2017, the market generated a revenue of $4,220.2 million, and it is predicted to attain a size of $6,144.9 million by 2023, advancing at a CAGR of 6.5% during the forecast period (2018–2023), according to P&S Intelligence. Liquid and air filter bags are used in the filtration and removal of solids from liquids and gases.

Get a Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/liquid-and-air-filter-bags-market/report-sample

On the basis of type, the liquid and air filter bags market is bifurcated into air and liquid. Of these, in 2017, the liquid filter bag type contributed more than 70.0% revenue to the market. Liquid filter bags are used in the filtration or removal of solids from liquids in areas such as adhesives, resins chemical, oils, bitumen, petroleum, food, paper, and water treatment. Hence, due to the wide range of applications, this type is expected to maintain its lead during the forecast period.

Based on bag size, the liquid and air filter bags market is classified into 7OD*32’’, 7OD*17’’, 4OD*14’’, and 4OD*8’’. In 2017, out of these, the 7OD*32’’ classification held the largest share of 30.0% in terms of sales volume and is predicted to dominate the market during the 2018–2023 period. This is ascribed to the amazing chemical compatibility, superior product quality, and cost-efficiency of such long filter bags over other bags. 

Make Enquiry Before Purchase @ https://www.psmarketresearch.com/send-enquiry?enquiry-url=liquid-and-air-filter-bags-market

On the basis of end user, the liquid and air filter bags market is categorized into mining, steel and power, water treatment, chemicals and pharmaceuticals, cement, and others. Among these, in 2017, the chemicals and pharmaceuticals category contributed more than 31.0% revenue to the market. In this sector, liquid and air filter bags are widely adopted for removing dust and other unwanted foreign substances from the equipment machinery. This is why this end user is predicted to hold the largest share in the market during the forecast period.

Further, the demand for air and liquid filter bags from the mining industry and cement manufacturing facilities is growing. With the rise in infrastructure activities across the globe, there has been an increase in the setting up of mining and cement manufacturing industries. These industries use filter bags as a medium for removing the dust particles from the components, which are ultimately expelled into the air via chimneys during manufacturing process.

Browse An Overview of this Report @ Global Market Size, Share, Development, Growth, and Demand Forecast

The government of various countries have started formulating regulations, such as the NESHAP (National Emission Standards for Hazardous Air Pollutants) in the U.S., for controlling harmful pollutants. Under this, manufacturing plants are required to attach filter bags on the equipment. If, in case the facility fails to follow the policies, it might be closed down. Thus, the rising adoption of the filtration process in the cement manufacturing and mining sector is boosting the liquid and air filter bags market growth.

Besides, the increasing usage of these bags in the pharmaceutical domain during processes such as filtration of gelatins, purification of carbon, and recovery of active ingredients, is expected to create immense opportunities for the players operating in the liquid and air filter bags during the forecast period. Another industry where these bags are used in huge amounts is automotive, with manufacturers attaching these to the engines of cars to protect them from harmful particles.

Hence, the expanding cement manufacturing and mining industries and rising adoption of these bags in pharmaceutical and automotive domains are strengthening the the market.

Read More

Digital Health Market is Predicted Substantial Growth at a CAGR of 21.1% During Forecast Period

Smartphones, tablets, and other internet platforms are the epitomes of innovation in the world. Over the last five years (2013–2017), there has been an exponential increase in the use of smartphones and tablets. The innovations have greatly helped sectors such as education, transportation, business, and healthcare reach the masses. Digitization of healthcare has considerably improved the doctor–patient interaction, thereby leading to the growth of the digital health sector.

Offering an insight into the scenario, P&S Intelligence has predicted substantial growth in the global digital health market at a CAGR of 21.1% during 2018–2023. Digital health refers to the integration of information technology into healthcare services. Individuals, hospitals, and clinics are the end-users of digital healthcare solutions. Among these, individuals are expected to constitute the largest end-user base globally, progressing at a CAGR of 21.9% during the forecast period.

To Learn More About This Report: http://bit.ly/2mXqtTZ

Smartphones and other technologies have made a major contribution to the growth of the digital health market. According to a European Union press release, among all devices, smartphones were the preferred platform to access the internet in 2016, accounting for over 79% of all internet users. With advancements in technology, the adoption of the latest mobile applications in healthcare has increased considerably. Apart from smartphones, the progress of the digital health market can be credited to the use of tablets and other internet platforms, such as desktops and laptops.

Telemedicine, mHealth, electronic health records (EHRs), and healthcare analytics are the various divisions of the technology segment of the domain. Of these, mhealth had the largest share, of 31.5%, in the market during the historical period, and it is expected to register 33.5% CAGR during the forecast period. Government initiatives toward the implementation of mhealth and rising awareness about its advanced applications have driven the digital health market growth to a great extent.

Some of the other key players in the digital health industry are Qualcomm Incorporated, Cerner Corporation, eClinicalWorks LLC, Epic Systems Corporation, McKesson Corporation, athenahealth Inc., General Electric Company, Koninklijke Philips N.V., Cisco Systems Inc., and AT&T Inc.

Read More

Increasing Infrastructure Development to Drive Chiller Market

The chiller market is witnessing swift growth due to the heavy requirement for cooling equipment in industrial settings, increasing global temperature, and surging construction activities. From valuing $7.1 billion in 2018, the market is expected to reach $9.5 billion by 2024, advancing at a 4.9% CAGR during the forecast period (2019–2024).

A compressor-based machine that takes away heat from liquids through an absorption–refrigeration cycle or vapor compression is referred to as a chiller. It generates chilled water, which is then mainly used to cool large facilities.

Request to Get the Sample Report : http://bit.ly/32QU695

The key trend in the chiller market is the growing popularity of R32 models. R32 is a type of refrigerant, which offers enhanced operational efficiency as compared to the R22 refrigerant. R32 chillers consume about 10.0% less energy and also help in reducing greenhouse gas emissions due to their extremely low global warming potential as compared to R410A and R22 chillers.

It is caused due to the increased absorption of infrared energy by the atmosphere, resulting in high temperatures. The National Aeronautics and Space Administration reported that in 2017, the average global temperature was 0.90^O C higher than the average temperature during 1951–1980.

One of the major drivers for the growth of the chiller market is the increasing temperatures across the globe. The excessive use of chlorofluorocarbons and burning of fossil fuels lead to the accumulation of greenhouse gases, such as methane and carbon dioxide, in the environment, which leads to the phenomenon of global warming.

Johnson Controls International PLC, Samsung Electronics Co. Ltd., Ingersoll-Rand plc, United Technologies Corporation, Daikin Industries Ltd., Gree Electric Appliances, Inc. of Zhuhai, Zamil Air Conditioners, Thermax Limited, Mitsubishi Electric Corporation, Petra Engineering Industries Co, S.K.M Air Conditioning LLC, and Danfoss A/S are some the key players in the global chiller market.

Chiller Market Segmentation

Market Segmentation by Product

• Screw
  • Water-cooled
  • Air-cooled
• Centrifugal
• Scroll
  • Water-cooled
  • Air-cooled
• Absorption
  • Direct-fired
  • Hot water
  • Steam
• Reciprocating
  • Water-cooled
  • Air-cooled

Read More

Mattress Market is Gaining Interest of Consumers across the Globe

Global mattress market is forecasted to attain the value of $38,976 Million by 2023, According to P&S Intelligence.

The market has been witnessing robust growth, mainly due to the factors, such as growing disposable income, increasing population and rising migration from rural to urban areas.

Insight on Market Segments

Based on product, the market has been categorized into innerspring, memory foam, latex and others, wherein ‘others’ include hybrid, gel-type, water-type, air-type mattresses. The innerspring mattress is the most popular mattress type globally, accounting for over 33% of volume sales in the mattress market. Furthermore, with growing awareness among consumers regarding health, mattresses such as memory foam, which conforms to the user’s body and helps in relieving body stress and muscle pains, the demand for memory foam mattress is expected to grow significantly, during the forecast period.

Europe mattress market is projected to register the fastest growth

During the forecast period, the mattress market is projected to record the fastest growth in Europe. The growth can be accounted to increasing purchasing power of people leading to increasing spend on home furnishing. Moreover, with increasing awareness among people about the harmful effects of chemical-based mattress, the demand for eco-friendly mattresses is on the rise, further leading to high growth in demand for latex mattresses.

Rising disposable income is the primary driving force for the mattress market

The growing disposable income coupled with various government policies related to real estate has resulted in rise in home ownership rate, which in turn is supporting mattress market growth. According to Organization for Economic Co-operation and Development (OECD), the average annual growth rate of disposable income has been over 2% globally and various government policies have led to affordable housing, a basic need for human being according to Maslow’s theory for hierarchy of needs.

Growing health awareness among consumers is set to offer remunerative opportunities for the market players

The growing health awareness among consumers has been propelling the demand for daily-use products like mattresses. With increasing disposable income, consumers are willing to pay extra amount for health-enhancing products. The sleep quality is becoming significant in the developed countries, thus leading to increasing adoption of premium mattresses. On the other hand, their Asian counterparts are increasing their mattress budget to use technologically advanced mattresses, as compared to traditional cotton-filler mattresses. These factors are posing lucrative opportunities for market players in mattress market.

Some of the key players operating in the mattress market are Spring Air International, Kingsdown Inc, Sleep Number Corporation, Simmons Bedding Company LLC, Tempur Sealy International Inc, Serta Inc, Relyon Limited, Southerland Inc, Corsicana Mattress Company, and McRoskey Mattress Company.

Read More