Metal Casting Market Is Expected To Grow On Account Of The Rapid Industrialization And Development In The Manufacturing Sector By 2022

The global metal casting market is expected to grow on account of the rapid industrialization and development in the manufacturing sector. The metal casting process reduces the overall cost of the metal produced than the metal produced by the machining process. The material property being the same in both processes, the casting method is expected to be cheaper in terms of cost involved in producing finished product. The machining process of shaping a metal takes lesser amount of time but at the same time is costly in terms of investment required to bring out a finished product. This cost can be save from metal casting process as the major investment involvement involved in this process is that of the mould in which the molten metal is poured. However, government intervention to impose strict environmental laws on the manufacturing companies in order to reduce pollution is expected to be a hindrance in the growth of the market in future.

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Growing demand in sculptures, forming precious metals and weapons, planes, trucks, cars, trains, construction equipment and mining, oil wells, toys, pipes, space shuttles, nuclear plants and wind turbines will fuel industry growth over the forecast period. Rising demand for the process in various countries including China, the U.S., Germany, Japan, India and Brazil will stimulate industry expansion in the near future. Increasing automotive production mainly in China, Indonesia, Mexico, U.S., Germany, South Korea, Japan, Malaysia and Taiwan is major driver for market growth. In addition, rapid economic growth, increasing government spending, advancements in the road infrastructure coupled with increasing inclination of consumers towards personal conveyance are expected to propel market growth.

The global market can be segmented into expandable and non-expandable casting in terms of mould usage. On the basis of the method the market is segmented into ferrous, non-ferrous and simulation casting. The most advanced technology in the employed in the market is simulation casting and is expected to grow at a significant rate in the near future. The metal casting simulation process provides a quantitative analysis about the thermal properties, mechanical properties and distortion effects of the metal undergoing casting by numerically calculating its cooling attributes, solidification attributes and the mould properties. Growing process demand as it offers high precision which will propel industry expansion. The non-expandable casting is expected to rise on account of high usage in industrial sector. The method is expected to witness growth over the forecast period as it has lower cost as compared to the other process.

North America is expected to grow in the near future on account of high raw material availability, proximity to customers, technological developments, engineering skills and increasing productivity mainly in the U.S. and Mexico. The development of aviation sector in the North America has driven the demand for the cast aluminium alloys for the usage in the aviation sector, which in turn will drive industry expansion. Europe account for significant market share over the forecast period in light of cheap raw materials with numerous number of metal extraction sites in the region. Asia Pacific will witness tremendous industry growth over the next seven years on account of rapid industrialization along with growing heavy work industries including automotive, foundry, aviation, aerospace and construction mainly in China and India.

The usage of casting methodology saves a considerable amount of money and holds the metals chemical properties making it suitable for use in automotive and aerospace industries. Key market players in the global metal casting market are Alcoa, Hitachi Metals, Precision Castparts, Bharat Forge, Amcol Metal Casting, Georg Fischer, Schuler Group and ThyssenKrupp. In February 2016, Bharat Forge announced its first shipment of titanium flap-tracks forgings for Boeing aircrafts improving its reputation in the metal casting industry as a major supplier in aviation sector. In July 2013, Amcol Metal Casting launched their new product under the brand name of AMCO-M, catering to the demand levels of the U.S. market and to meet the supply demand in rest of America.

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Lateral Transfer Devices Market – Rising Demand For Home Healthcare Services Is Driving The Industry Growth By 2022

Global Lateral Transfer Devices Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. The lateral transfer devices main function is to provide a safe means of transferring patients from one surface to another such as, stretcher to stretcher, bed to bed, or bed to stretcher, and minimize the risk factors that may cause or lead to a caregiver or patient injury.

The factors that are playing a major role in the growth of Lateral Transfer Devices Market are the application of guidelines to reduce manual patient handling, rising demand for home healthcare services, and use of advanced technological devices to reduce the high risk of injuries to caregivers during manual handling of patients. On the other hand, lack of training to the caregiver for the handling of devices during operation is restraining overall market growth.

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Lateral Transfer Devices Market is segmented based on product type, application, and region. Product types such as Half Mattress, Regular Mattress, Split Legs Mattress, and others classify Lateral Transfer Devices Market. Applications into Clinics, Hospitals, and others classify Lateral Transfer Devices Market. Lateral Transfer Devices Market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.

Globally, North America accounts for the largest market share of Lateral Transfer Devices Market and is estimated to lead the overall market in the years to come. Europe and Asia Pacific follow suit. On the other hand, Asia Pacific is estimated to grow at maximum CAGR in the upcoming years. Developing economies such as India, China, and Japan are the major consumer of Lateral Transfer Devices Market and projected to grow at fastest pace in the upcoming years. This is mainly due to the implementation of policies to prevent patient injuries while transferring and lifting.

The key players of Lateral Transfer Devices Market are Blue Chip Medical Products, Inc., Getinge AB, Samarit Medical AG, Hovertech International, Haines Medical, Airpal, Inc., Scan Medical, Stryker Corporation, Hill-Rom Holdings Inc., Sizewise, Air-Matt, Inc., Patient Positioning System LLC, Mcauley Medical, Inc., Medline Industries, Inc., and EZ Way, Inc. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Kinase Inhibitors Market Is Expected To Witness A Double Digit Growth Due To Incidental Rise Of Different Types Of Cancer Patients By 2022

In pharmaceutical sector, anti – cancer drugs form the most lucrative segment. From the past market trend it has shown that this anti – cancer drugs or kinase inhibitors has accounted over 10% of the global market. In the forecasted year of 2015 to 2022, Kinase Inhibitors Market CAGR is expected to witness a double digit growth.The factors identified which are driving the growth of the Kinase Inhibitors market are incidental rise of different types of cancer patients, rise in the aging population and increase in the focus to launch innovative medicines by the pharmaceutical companies. These key factors combined with competition from several pharmaceutical and oncology associations to paunch new product are propelling the growth of the market exponentially. Kinase inhibitors are basically a type of enzyme of protein base. Use of Kinase enzyme helps to shuffle the protein structure by the transfer of phosphates. These phosphates get collected from ATP. ATP is Adenosine Triphosphate. Kinase on protein bases has several functions. These functions includes regulating variety of cell cycles and their phases, cell differentiation, cell proliferation, and apoptosis. These functions helps to regulate various activities of cancerous cell.

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Kinase inhibitors are now considered to be the novel therapeutics. This is because these inhibitors are targeted to improve the patients survival rate by several preventive measures which will hinder the growth of tumors selectively as opposed to the classical chemo therapy which indiscriminate the cell death. Reports from American cancer association say that in the year 2014, the global sales for small molecule kinase inhibitors generated USD 18.49 billion of revenues for manufactures. This trend is expected to see a phenomenal growth till the forecast period of 2022. The sales growth is expected to exceed the wider cancer treating drug market in the upcoming years. This is because of huge expansion of kinase inhibitors in terms of clinical usage among stratified patient as an end user. Growth of this market is expected to improve by launch and uptake of the advanced version of breakthrough therapies such as a marketed product, imbruvica (Ibrutinib), candidate drugs pablociclib, Idelalisib and ABT – 199.Market trend also quotes that there will more incidental rise of cancerous patients in the upcoming years. These is validated mostly the global associations related to oncology treatment. So the manufactures for kinase inhibitors have a potential opportunity in the near future. This is mainly because the kinase inhibitors are are being considered as a key medication to prevent proliferation of cancerous cells. Most of the drugs which are going to be used to oncology treatment in clinical trials phase are expected to be launched in the next five to six years based on the strength of kinase activities of these drugs. However it has also been identified that healthcare cost containment issues and cost cutting in research funding are the major restraints for the growth of this market. For example, the cost of Tyrosin Kinase Inhibitors (TKI) was approximated to be USD 26400 in non pharmaceutical spending in the year 2012 as per American Cancer Society.

The global market for Kinase Inhibitors are segmented on the basis of types, by geography and by target end users. The target end users for this market are mainly pharmaceutical companies, private and government research institutes, healthcare institutes and academic institutes. By types the global market is further segmented into Tyrosine Kinase Inhibitors (TKI), Receptor Tyrosine Kinase Inhibitors which includes EGFR, PDGFR, VEGFR,HER2 which is a type of Non Receptor Tyrosine Kinase Inhibitor (RCTKI), BCR – ABL, Janus Kinase Inhibitor (JAK), Mesenchymal Epithelial Transition Growth Factor (c – MET), Speen Tyrosine Kinase (SYK) Inhibitors which is again further divided into classes such as Mulikinase Inhibitors, Threonine Kinase Inhibitors, m TOR Kinase Inhibitors, B RAFM, RHO Kinase Inhibitors, Cyclin Dependent Kinase Inhibitors, Aurora Kinase Inhibitors, MAP or MEK Kinase Inhibitors, JNK Inhibitors, Protein Kinase c Inhibitors, PI3K Inhibitors, others ( Monoclonal Antibody Kinase Inhibitors) which is again classified into Humanized Monoclonal Antibody, Chimeric Monoclonal Antibody, Humanized Monoclonal Antibody.

By geography the global market is segmented into major regions which include North America, Europe, Asia Pacific and rest of the world (R o W). As with other medicines for cancer the dominant countries for the growth of Kinase Inhibitor market are Japan, the European Union countries and the United States. These countries generate the highest revenue the Kinase Inhibitor market. However over the next five to six years this market is expected to see an exponential growth from BRIC countries. This is because of increase in the number of health insurances, healthcare reforms, and increase in the affluence segment from this region. In the forecasted period of 2015 to 2022 the first generation of Kinase Inhibitor drug is also expected to lose intellectual property which includes patents and trademarks protection and competition from low cost generic substitutes. This will temporarily restricted the expected expansion in many lucrative submarkets.The key players in Kinase inhibitors market are Bristol Meyers Squibb, Boehringer Ingelhgeim, Cytrx Corporation, Eisai Inc., Eton Bioscience Inc., Novartis International Ag, Glaxosmithkline, Merk Serona Sa, Osi Pharmaceuticals Llc., Pfizer. These major leaders face a stiff competition to retain their sustainable foothold in this market measured on different competitive market dynamics. For example Novartis’s Gleevec for leukemia treatment is amongst the best selling Kinase Inhibitors.

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Helicopter Simulators Market Is Expected To Witness Highest Growth Owing To Rising Aviation Industry By 2022

Helicopter simulator market is expected to witness growth owing to rising aviation industry. The aviation industry is projected to grow more than 10% CAGR over the forecast period majorly due to the increasing air traffic passenger market. The need of helicopter simulation arises from the increasing applications of helicopters services in oil & gas, defense, tourism, training, firefighting, corporate, and commercial. Rising technological advancements, demand of air transportation, ability to saving fuel costs, and demand of trained pilots are the key drivers that are expected to propel the helicopter simulator market over the forecast period. The real flying training by using visual and motion systems has effectively replicated the helicopter experience that resulted in the evolution of sophisticated helicopter simulator in the market.

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Continuous R&D endeavors and performance evaluation of pilots in aerospace technology are expected to encourage flight simulator market growth. The growing importance of substantial flight training, aircraft safety, government mandate, shortage of trained aviation professionals, and growing end user demand are the few other factors that are projected to fuel the market growth over the next seven years. Many private and public organizations in developed as well as in developing markets have made simulation and training programs necessary to get pilot certification after full course.

Growing security concerns and increasing government expenditure are projected to drive the use of helicopter services in the defense sector and commercial sector. Hence the helicopter simulator service market is expected to witness high growth owing to the demand of better handling and safety operating activities over the forecast period. The key restraint that is expected to slightly pull down the market is the high cost of simulators and complex flight training simulation system. Lack of interoperability is also one of the reasons that may challenge market growth by 2022. However, with growing awareness about the importance of simulator training exercise, rising investments by government and continuous innovation in the market, has increased number of players participating in providing services, due to which over the next seven years the cost and the complexity of the system is expected to come down.

Growing demand of air transportation and rising investments in the R&D efforts have enabled the US to account for more than one third market share in the North American region. The US is highly responsive in adopting the advanced technologies that is projected to boost demand of helicopter simulator services. The market for helicopter simulators in Canada is expected to hold an attractive share owing to the presence of one of the largest simulator manufacturers, CAE Inc., in the region. The European region accounts for the second highest market share mainly due to the rising demand of helicopter handling and safety operations. In particular, Germany, Italy, and the UK are the major countries that have invested heavily in the market, thus expecting high market growth over the forecasted period.

The Asia Pacific region is projected to witness fastest growth due to the high economic development, increasing per capita income, growing security concerns, and high industrial advancements in automotive, infrastructure, defense, manufacturing, and petrochemical sectors. Particularly countries such as India, China, Japan, and Singapore accounts for major market share primarily due to the rising globalization and stringent government policies in mandating pilots training licenses. Middle East & African region is a high potential market as the countries have high gross domestic product and increasing demand of air transport, but due to lack of awareness about significance of helicopter simulation training through simulators, the market needs penetration by large market players. Over the next seven years, the region is expected show a substantial growth.

The key players in the helicopter simulator market are L-3 Communications, CAE Inc., Lockheed Martin, and Rockwell Collins dominating the global market through strategic mergers and acquisitions. L-3 Communications acquired the civil fixed-wing flight simulation business of the Thales Training & Simulation Ltd. for a cash consideration of approximately USD 130 million. Rockwell Collins announced a definitive agreement to acquire ARINC Inc., a communications and information processing solution provider for the commercial aviation industry for a cash consideration of USD 1.39 billion. The other players in the flight simulator market include Mechtronix, FRASCA International Inc., Softeks, Moog Inc., Command Sims. Pvt. Ltd., Simteq B.V, and ATC Flight Simulator.

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Glass Fiber Composites Market – Asia Pacific Region Is Expected To Register Fortuitous Growth Near Future

The global glass fiber composite market is underlying to project highest growth with a relatively high CAGR during forecast period. Glass in its simplest form is the largest industry in the segment and glass fiber is made from glass and is light-weight and is an extremely strong and robust material. Growth is extraordinary in composites being the most significant and largest in composite segment — momentum of composite is largest as compared to other composite segments. The resurrection of the global economy and diverse growth of end-user markets drives growth in markets. Alternative markets such as wind-energy and the ever–resilient defense sectors are drivers to growth of the market.

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The GPRF market is expected to evince high growth at nearly high rates. Restraint to the markets exists and includes availability of raw materials, increasing prices of energy and changing regulations. A drive to meet increasing expectations from Growing CRPF composites market is being followed. Glass fibers are made from molding process and are used as raw material for composite materials. Glass fibers account for nearly hundred percent of global glass consumption in market. The property of low-weight, strength and corrosion resistance drive growth in transportation, construction, infrastructure, electrical and electronics, consumer goods, marine, aerospace and defense and wind energy segments.

Most of the glass fiber reinforced plastics (GFRP) composites are used in construction and transportation sectors. The demand for renewable energy in the form of wind turbines, demand from light-weight and fuel efficient cars and other corrosion resistant equipment are major drivers to the market. Asia pacific is expected to register fortuitous growth because of rapid construction activities undertaken on large-scale and infrastructure activities. The US and Europe are considered to be leaders of research and development of high-glass fiber products for transportation, defense and aerospace, construction and maintenance, electrical and electronics and consumer goods, marine and wind energy segments.

Segmentation of glass fiber market by region includes North America, Europe, Asia pacific, MEA and Latin America. China and India are the largest consumer of GFRP composites and are the highest in Asia pacific with maximum potential in both nations. Germany, France, Italy, Spain, England, and EU are the most important markets and constitute majority of the market size. The Key players include AZDEl Inc., CPI Binani Inc., Continental Structural Plastics, Core Molding technologies, CTL Aerospace, Inc., QDow Corning Corporation, Fiber Concepts, Fiber Incorporated, Fiber Reinforced Plastics, Glasforms, Inc., The Composites Group, Washington Penn Plastic Companies, and Premix Incorporated.

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CCTV Lens Market To Gain Tremendous Demand Owing To Rising Safety Concerns By 2022

Closed circuit television (CCTV) also known as video surveillance transmits video signals to remotely located monitors. The lenses that are used in the CCTV are either interchangeable or fixed which is further decided on the basis of aperture, focal lengths, mounting & viewing angle. The CCTV lens is different from the photographic camera lens with respect to the opening of the shutter as well as its speed. The exposure is controlled with the help of iris opening and shutter speed, however in the CCTV lens, the exposure time as well as amount of light passing is adjusted with the help of iris openings. The user specified focal length as well type of iris control needs to be taken care of while selecting the lens. Rising concerns regarding safety is one of the major drivers of the CCTV lens market. The companies, government organizations as well as households are using the CCTV for security and surveillance purpose. The government has made it mandatory for the manufacturing units, retail shops and other industries so as to maintain 24*7 surveillance and ensure security. In developed regions like North America, the rate of utilization is quiet high which makes it the fastest growing market for the CCTV lens market.

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Asia Pacific is expected to account for fastest growth over the forecast period primarily due to the growing awareness regarding CCTV lens and its advantages so as to reduce crime and miss happenings. India, China, and Japan are anticipated to witness the highest share in the region majorly owing to the rising disposable income, rising concerns of security and growing government initiatives to make the installation of CCTV in all commercial as well as domestic constructions. Owing to the CCTV installations at a large scale, there has been cost reduction. As there is no more need of park keepers, bus conductors, toilet attendants. Everything is being controlled by the machine. The CCTV is being used as a crime fighting tool by the defense sector Hence, the market of CCTV lens is expected to boom at a significant rate. Levels of violent crime, which involves rational thinking and is impulsive, haven’t gone down much in the recent years. This has proven to a major challenge which needs to be tackled strategically. However, the instrumental offences like property crime & robbery has reduced in number. Technological advancements in the CCTV industry are expected to boost the CCTV Lens market growth in the years to come.

Different techniques are used to mount the CCTV lens so as to maintain precision in the video quality. The CCTV lens market can be segmented based on end-use verticals, mounting types as well as type of lens. The lens type comprises of super wide fish-eye lens, 3CCD lens, fixed focal length lens, zoom lens, megapixel vari-focal lensand telephoto lens. The lens mount plays an important part as it helps in varying the axial distance and setting focus of the lens. It can be segmented as CS mount, C mount, D mount, F mount & manual iris. The major CCTV lens market players include Feihua Optoelectronic Technology, Fujifilm Holdings Corporation, Myutron Inc., Olympus Corporation, Samsung Electronics Co., Ltd. and Seiko Holdings Corporation.  The aforementioned market players through continuous R&D endeavors focuses in building a wide distribution network that supports the overall CCTV lens market to report significant growth over the forecast period. Companies through strategic expansions and mergers & acquisitions, have been trying to cater large volume of customers with steel couplings that are cost-effective and high quality. The CCTV Lens market report covers each aspect of the global market for CCTV lens, beginning from the basic market information and progressing further to several significant criteria, based on which, the sector is segmented. Key application areas of the CCTV Lens market are also evaluated on the basis of their performance.

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Bulk Acoustic Wave Sensors Market Research Study, Analysis Of Types And Applications By 2022

Global Bulk Acoustic Wave Sensors Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. An electromechanical device in which a standing acoustic wave is generated by an electrical signal in the bulk of a piezoelectric material is referred to Bulk Acoustic Wave Sensors. The factors that propel the growth of the Bulk Acoustic Wave Sensors Market include increasing demand, technological innovation, rapid urbanization & industrialization and wide range of applications.

Bulk Acoustic Wave Sensors Market is classified on the basis of product type, applications, distribution channel and geography. Bulk Acoustic Wave Sensors Market is classified by product type as QCM-TSM and FBAR-SMR. Bulk Acoustic Wave Sensors Market is segmented based on applications as aerospace and military, industrial, telecommunications, consumer electronics, and others. Bulk Acoustic Wave Sensors Market is segmented by distribution channel as online store, specialty stores and others. Bulk Acoustic Wave Sensors Market is classified based on geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East and Africa.

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The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.

By geography, Asia Pacific accounts for a major share of the Bulk Acoustic Wave Sensors Market. Some of the key players that fuel the growth of the Bulk Acoustic Wave Sensors Market include API Technologies, Broadcom, Qorvo, Qualtre,RF360,TAIYO YUDEN, Teledyne, Vectron, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Brown Sugar – New Study to Understand Market Variation Across The World.

Global Brown Sugar Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. Brown sugar is made of crystalline sucrose combined with a small amount of molasses, which imparts its characteristic colour and rich flavour. It is manufactured by a different chemical process than white sugar and therefore differs in the chemical structure. The primary uses of brown sugar include sweetening baked products, sauces, beverages, etc.

Brown sugar has a number of health benefits. As compared to white sugar, brown sugar contains a slightly higher mineral contentdue to the presence of molasses. Moreover, it is a good source of dietary potassium and contains small amounts of magnesium, calcium and iron. In addition, it helps in preventing obesity due to low calorie content.

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The factors that propel the growth of the Brown Sugar Market include increasing demand, wide range of applications, easy availability, and several health benefits as compared to white sugar. Brown Sugar Market is classified by product type, applications, distribution channel and geography. Brown Sugar Market is segmented based on product type as light brown sugar and dark brown sugar. Brown Sugar Market is classified based on applications as bakery, ice cream and dairy, beverages, confectionery, and others. Brown Sugar Market is segmented by distribution channel as online stores, specialty stores, supermarkets, and others. Brown Sugar Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.

The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.

Some of the key players that fuel the growth of the Brown Sugar Market include Sudzucker, C&H Sugar, Cargill, Wholesome Sweeteners, American Crystal Sugar, Domino Sugar, Nordic Sugar A/S, Imperial Sugar, Tate & Lyle, Lotus Health Group, Taikoo, Ganzhiyuan, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Automotive Heat Exchangers Market To Gain Huge Demand From Automotive Component Industry By 2022

Automotive heat exchanger market is expected to witness a growth over the forecasted period owing to increasing demand of automotive component industry. There is increase in demand of automotive component industry owing to increasing demand of automobiles in different part of world. There is increase in demand of automobile owing to increasing disposable income in different part of world. Automotive heat exchanger market is expected to witness rise owing to increasing demand of energy efficient systems. Different companies of this field are investing heavily on their research and development part to make more energy efficient heat exchanger as the cost of energy is also increasing. The major drivers which are expected to propel growth over the forecasted period are increasing demand of small cars with turbochargers. Since, with increase in turbo charging of the engine cooling the compressed air in compressor becomes necessary. So for doing which heat exchanger is needed? In this way increasing demand of turbochargers will fuel the growth of automotive heat exchanger market. Increasing industrial activities in the field of automobiles is also driving the growth of Automotive Heat Exchanger Market. Since the automobile companies are expanding themselves worldwide which in turn is increasing the demands of automobiles round the world?

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The main challenge in this market is to provide most energy efficient solution because competition is expected to increase due to entry of new vendors. Another thing that can pose challenge for Automotive Heat Exchanger Market is, when new vendors offer low prices than the market which ultimately erodes the profit margin of big players. The Automotive Heat Exchanger Market is expected to thrive owing to technological advancements and incremental upgradatiion in automobile industry. The growth of Automotive Heat Exchanger Market also depends on growing focus on energy efficiency, reducing envoi mental pollution and climate. On the basis of type it can be segregated on hot side heat exchanger and cold side heat exchanger. Hot side heat exchanger is designed in such a way that there is no distortion in the flow of exhaust gases.There is any back pressure developed. It is placed between catalytic converter and muffler. Cold side heat exchanger are designed in a way that they don’t develop the back pressure .There is distortion of air conditioning system. On the basis of region it can be segmented into Asia pacific, North America and Europe. Europe is expected to be the biggest market for automotive heat exchanger market owing to huge demand and presence of the most of the global leader in Europe.

 

The demand in this region is propelling due to increasing replacement demand for the heat exchanger. Europe is one of the “sell abroad” base heat exchanger market. Manufacturers from East Europe are expected to reduce the import dependence of other countries which will further fuel up the automotive industry market. The Asia Pacific reason is expected to see the increase in demand owing to increasing disposable income in the countries of Asia which has further increased the demand of automobiles. This increase in demand of vehicles has given a surge in the growth of Automotive Heat Exchanger Market in Asia.  There is increase in demand of energy efficient Automotive Heat Exchanger .due to which companies are manufacturing Automotive Heat Exchanger with aluminium as metal .This is done owing to high thermal conductivity of metal. The demand of aluminium has brought huge surge in demand of range of aluminium alloys so that it can comply with different design specification of Automotive Heat Exchanger .Growth in this reason is led by different economic factors, rapid urbanization, growing population of middle class ,favourable conditions of demographics Countries like china ,India, Japan are expected to witness extensive growth. Asian countries are putting energetic efforts to for the development of strong base in their respective countries. In the field of Automotive Heat Exchanger, many renowned companies have set up their base in china by joint ventures. China market is driven by huge automobile demand and replacement demands.

 

the basis of automotive components Automotive Heat Exchanger Market can be segregated into following part that are, exhaust gas recirculation, air coolers, evaporators, oil coolers, radiators and condensers.EGR coolers and pressurized intercoolers will continue to propel the growth of automotive heat exchanger market in China. The five key vendors are automotive heat exchanger are Wuxi Guanyun Heat Exchanger, Mahle Gmbh, Visteon, Denso and Valeo. Other prominent members are G&M Radiator, Seasonair Malaysia, Weifang HengAn Radiator, NingBo LuRun Cooler, Climetal, Banco Products (India) Limited, Pierburg China(KSPG), Jiangsu Jiahe Thermal Systems, Spectra Premium Industries Inc., Delphi Automotive plc, Modine Manufacturing Co., Calsonic

 

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Atherectomy Devices Market 2021 – Rising Prevalence Of Peripheral Artery Disease Is Expected To Drive The Growth

Global Atherectomy Devices Market is expected to witness rapid growth over the forecast period. Increase in prevalence of Peripheral artery disease (PAD) and Deep vein thrombosis (DVT) is expected to drive the market growth over the forecast period. Increase in aging population in the US and in economically developed countries resulting in high requirement of medical devices for chronic illness. This is expected to escalate the market growth of Atherectomy devices. Major factors such as rising life expectancy declining fertility rates play a major role in Atherectomy Devices Market growth in the foreseeable future. Change in lifestyle trends and eating habits increase Consumption of cholesterol and fatty foods among individuals and lack of exercise which has been a major reason for coronary artery disease and high risk of heart attacks. Depending on the severity of the health issue atherectomy devices are used in the surgery by the doctors.

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Diabetes, high blood pressure, obesity and smoking causes the blood arteries to marrow and limit the blood supply to the heart. It is estimated that 382 billion people throughout the world have diabetes. Environmental factors such as foods, viruses, toxins and unbalanced work life play a role in development of diabetes. Growing number of patients with these vascular diseases are expected to proliferate the demand for atherectomy devices. Adopting advanced technology by using laser, ultraviolet radiation and recombinant issue technology and 3D image generation provides a better scope for the Atherectomy devices market. Added benefits such as minimal incisions, higher surgical restoration rate, low postoperative complications increase more patients opting for atherectomy devices.

New technological advancements and the recent FDA approval of Two drug coated balloons are increasing atherectomy procedural volume and driving growth in the demand for atherectomy devices Recalls of medical devices has beena major issue in pharmaceutical industry. Every device should maintain the standard quality and safety measures set by the Food and Drug Administration (FDA). All the manufacturing firms should ensure that the products are safe and do not endanger the end consumer. Athrectomy devices face a tough competition from Catheter (Tornus) which has been developed for chronic total occlusion recanalization. However, Catheter has a lower success rate of only 77% as compared to the traditional atherectomy devices with 95%. Tornus catheter is also associated with longer procedural duration time with 144 minutes versus the atherectomy devices 115 minutes.

Lack of product differentiation forms a major challenge in the atherectomy Devices market. Most companies trying to enter the market find it hard to overcome the product differentiation because they require high investment and lack resources to create products that can compete with the existing ones. High cost and limited awareness in certain regions of the world act as a restraint for the market growth.  Atherectomy technique is a popular substitute for stents and angioplasty treatments. In stents and angioplasty, the deposited plaque is pushed inside the blood vessel, however in atherectomy the plaque is removed by using surgical methods. The technique has advantages over the other methods by providing increased wound healing rate  The Atherectomy Devices Market has been classified on the basis of its device functions such as rotational, orbital, excimer laser, excisional, directional and Jetstream atherectomy. The largest share of the market is occupied by orbital and directional atherectomy due to minimal invasive treatment, blood flow restoration, reduction in procedure time and application in more complex cases. Market players are coming with better techniques and products to meet the requirement of the consumers.

The Atherectomy Devices Market is segmented on the basis of geography such as North America, Europe, Asia pacific. North America is the leading player in the market followed by Europe. Peripheral artery disease affects nearly 10 million people and around 720,000 die every year due to heart attack in US making it the potential market for the devices. Higher number of surgeries are being performed in US and Europe due to better awareness among people and also availability of resources making them the leading regions in the market. Asia pacific can be a potential market for atherectomy devices since countries such as India and china possess the largest number of cardiac patients with an annual incidence of 7 million strokes. Tobacco consumption is rapidly increasing in south Asian countries in conjunction with economic expansion increasing their risk of artery diseases.

Reduction of abdominal obesity through lifestyle measures can improve all components of the metabolic syndrome and likely delay the development of both diabetes and atherosclerosis. Beyond lifestyle intervention, optimal management of risk factors to evidence-based targets is essential. High awareness of health problems caused due to change in lifestyle and optimal management of risk factors can improve the metabolic syndrome and likely reduce the development of both diabetes and atherosclerosis and hence reducing the demand for the atherectomy devices. The major companies of the Atherectomy Devices Market include Bayer AG, Cardiovascular systems, St. Jude medica, Boston scientific corporation, Abbott laboratories, C.R Bard Inc., Volcano Corporation. The competition in this Atherectomy Devices Market usually depends on the technology used in manufacturing of the devices and also the pricing strategies. Medtronic’s is leading competitor in peripheral atherectomy devices. Medtronic acquired Covedian in 2015 and is expected to remain in the leading position however it will face increasing competition from cardiovascular systems Inc.

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