Global Market Research Reports : Ken Research

Wednesday, November 24, 2021

Global AI-Based Surgical Robots Market Projected to Augment Owing to Increased Funding for The Medical Robot Research: Ken Research

Robotic surgeries are obtaining the traction owing to the augmented proficiency and accomplishment rate delivered by such surgeries, along with the “minimally invasive” nature of the surgeries.

According to the report analysis, ‘AI-Based Surgical Robots Market: Current Analysis and Forecast (2021-2027)’ states that Accuray Incorporated, Intuitive Surgical, Inc., Medtronic, plc, Medrobotics Corporation, Zimmer Biomet, Stereotaxis, Inc., TransEnterix, Inc. (Asensus Inc., Stryker Corporation, Activ Surgical, Inc., Titan Medical, Inc., CMR Surgical, Inc., Smith and Nephew are the key entities which presently operating in the AI-Based Surgical Robots Market more proficiently for keep maintaining the governing position, registering the great value of market share, obtaining the competitive edge, ruling around the globe, leading the highest market growth, leading the highest market growth and generating the great value of market share.

In addition, a shift in trend from traditional practices of surgical processes to AI-based approaches by healthcare professionals is also propelling the market for AI-based surgical robots. There is an increase in the implementation of technologically advanced robots for countless applications by surgeons.

Based on Product, the services segment registered the market for AI-based surgical robots and registered for the largest revenue share of XX% during 2020. This great share is attributable to the greater cost of maintenance linked with the algorithms of robot-assisted surgery systems. Furthermore, tedious technological upgrades and comprehensive service contracts delivered to customers by countless companies further augments the revenue share.

Based on application, the others segment registered the market for AI-based surgical robots and dominated for the largest revenue share of XX% during 2020. Other applications majorly include general surgeries, laparoscopy, and ophthalmology, and oncology surgeries. The aspects underwriting to the high revenue share of the segment comprise increasing abdominal and oncology-based surgical processes, coupled with the growing prevalence of breast cancer. In addition, the increasing adoption of robots for minimally invasive laparoscopic processes by surgeons further indicates a greater share.

Based on End User, the AI-Based Surgical Robots market is sectored into Hospitals and Ambulatory Surgical Centers. The Hospital testing segment registered for the largest share during 2020. The large share of this application segment can commonly be attributed to the increasing incidence of lifestyle diseases around the globe. During 2020, countless hospitals are turning toward robot-assisted surgeries (RAS) for clearing the backlog of elective surgeries caused owing to COVID-19. As per a Robotic Surgery and Urology consultant around India, there is an augment in the number of patients choosing for robotic surgeries since the primary wave of the pandemic.

In addition, growth in this market is commonly driven by the benefits of robotic-assisted surgery, technological improvements in surgical robots, the growing adoption of surgical robots, and augmented funding for medical robot research. The increasing geriatric population on a worldwide level as well as dissimilar care standards between developed and underdeveloped economies, are posing a challenge to reconcile such issues. The minimally invasive surgery within the healthcare sector controls gigantic potential as it is measured as the best treatment alternative for open surgery.

For More Information, refer to below link:-

Global AI-Based Robots Market

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Global Monitor Arms Market Industry Trends, Analysis, Share, Market Size, Application Analysis, Growth Rate And Forecast 2021-2027

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Monitor arms are an adjustable, fantastic, space-saving ergonomic solution to relieve neck pain and eye strain while you work. A monitor arm is a mechanical mount that carries a computer monitor or laptop and attaches to the back of a desk/standing desk. It is structured to be changeable by the user who can physically move their computer monitor/laptop to the optimal position for their ergonomic requirements.

According to the report analysis, ‘Global Monitor Arms Market, 2021-2027’ states that Eastern Global Corporation, Ergotron, Inc., Herman Miller, Inc., Legrand AV Inc., Loctek Ergonomic Technology Corp. and many more are the key entities which presently functioning in the global monitor arms market more proficiently for ruling around the globe, obtaining the competitive edge, keep maintaining the governing position, registering the great value of market share, keep maintaining the governing position and leading the highest market growth by increasing the applications and benefits of enlargement and profit making, spreading the awareness connected to the benefits and specifications of monitor arms, establishing the several research and development programs, analysing the strategies and policies of government as well as similar entities, improving the qualitative and quantitative measures of such, delivering the better consumer satisfaction and employing the young and active personnel.

In addition, the effective growth in number of small businesses is propelling the requirement for monitor arm. For instance, according to the Chamber of Commerce, approximately 400,000 small businesses started their operations each year around the U.S. from 2009 to 2016. These businesses demand computers and other display monitors for a technologically advanced infrastructure to augment productivity, manage workload, and confirm efficiency. However, accessibility of products manufactured from low-quality raw material is unfavourably affecting market growth.

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Not only has this, the effective growth in usage of computer accessories for gaming is also predicted to fuel market growth. This has allowed manufacturers to improve their product offerings and address the varied requirement of consumers. For instance, LUMI Legend Corp. has a particular pro gaming monitor arm. Furthermore, the monitor arm can assistance both single display and multiple display monitors. Single screen monitor arm are favored at workstations in countless commercial and government spaces whereas several display monitors are utilized in private and government firms to improve the employee productivity.

Growing demand for TVs is also projected to propel market growth over the forthcoming years. Monitor arm for TV sets are broadly used in the healthcare sector to enable the patient to move the TV over the bed as per their expediency. Furthermore, countless TV manufacturers are aiming on introducing TVs with improved technologies such as 4K and 8K. Moreover, growing adoption of curved TVs is projected to drive market growth over the review duration.

Region wise, it is predicted that the North America region held the greatest share. This share is accredited to the growing number of private and corporate offices along with improved infrastructure in the educational and healthcare segments. Therefore, in the near years, it is predicted that the market of monitor arms will increase around the globe more actively over the near future.

For More Information, refer to below link:-

Global Monitor Arms Market Size and Share 2021-2027

Global Monitor Arms Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)

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Global Automotive Acoustic Materials Market 2021 End User, Industry Outlook, Share, Size and Forecast to 2027

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The automotive acoustic material is utilized in the vehicle for the interior look and to improve the comfort for the passenger. The automotive acoustic materials are also utilized for decreasing the noise inside the vehicle cabin. The role of automotive acoustic materials is to improve the passenger experience. These are the components that are utilized to advance the noise control or noise absorption features in a vehicle. Such component proficiently deal against the noise, harshness levels and vibrations.

According to the report analysis, ‘Global Automotive Acoustic Materials Market, 2021-2027’ states that 3M Company, BASF SE, Covestro, Dow Inc., Henkel AG & Co. KGaA and many others are the key entities which recently operating in the global automotive acoustic materials market more proficiently for obtaining the competitive edge, leading the highest market growth, registering the great value of market share, keep maintaining the governing position, ruling around the globe, and generating the high percentage of revenue by implementing the policies and strategies of enlargement and profit making, improving the qualitative and quantitative measures of such, establishing the several research and development programs, analysing the strategies and policies of government as well as similar entities, delivering the better consumer satisfaction and employing the young and active personnel.

By product, the global automotive acoustic materials market is segmented into bonnet liner and door trim. By application, the global automotive acoustic material market is classified into LCVs, MCVs & HCVs, and passenger cars.

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Although, the Door trim is predicted to be the greatest market when it comes to the component segment. It attracts countless suppliers and producers for business investments. This market is exponentially growing owing to its good strength and healthier aesthetical properties. ABS, polypropylene, and polyurethane are the foremost materials utilized for this component.

The door trim is one of the indispensable interior applications utilized in all vehicle categories. Thus, OEMs aim on its toughness, higher strength, design flexibility, and cost competitiveness. The mixture of dissimilar materials proposes proficient acoustic performance in automobiles. Hence, it is predicted to be the greatest contributor to the 'Global Automotive Acoustic Materials Market'.

The producers are introducing the automotive acoustic materials, which have proficient installation and enlarges to wholly fill interior cavities in the vehicle, is predicted to boost requirement for the automotive acoustic materials market around the globe. The government contribute in the public transport is probable to propel the requirement for the automotive acoustic materials market.

The requirement for improved interior, safety and comfort feature from the customers is predicted to propel the automotive acoustic materials market around the globe. The introduction of the electric vehicle and autonomous car in the countless regions is predicted to propel the requirement for the automotive acoustic materials market. The growing requirement for acoustic proficiency in automobiles for improved cabin comfort is the foremost factor which will propel the acoustic materials market. Therefore, in the near years, it is predicted that the market of automotive acoustic material will increase around the globe more actively over the near future.

For More Information, refer to below link:-

Global Automotive Acoustic Materials Market Analysis and Forecast, 2021-2027

Automotive Acoustic Materials Market Status and Trend Analysis 2017-2026 (COVID-19 Version)

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Global Aesthetic Medicine Market- 2021 Business Opportunities and Future Outlook till 2027

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Aesthetic medicine majorly aims on altering the cosmetic appearance of the person as per his/her expectation. It is broadly conducted to cure the situations likewise skin discoloration, excess fat, scars, skin laxity, moles and wrinkles amongst the others. Aesthetic medicine utilizes broad range of invasive, non-invasive cosmetic and minimally invasive processes.

According to the report analysis, ‘Global Aesthetic Medicine Market, 2021-2027’ states that AbbVie Inc. (AlLergan Plc), Ipsen S.A., Johnson & Johnson, Medy Tox Inc, Sientra, Inc. and many more are the key companies which recently operating in the global aesthetic medicine market more proficiently for ruling around the globe, obtaining the competitive edge, keep maintaining the governing position, generating the high percentage of revenue, registering the great value of market share, and leading the highest market growth by delivering the better consumer satisfaction, spreading the awareness connected to the benefits and applications of aesthetic medicine, implementing the policies and strategies of enlargement and profit making, analysing the strategies and policies of government as well as similar companies, improving the qualitative and quantitative measures of such, increasing the applications and advantages of aesthetic medicine and employing the young and active personnel.

By product, the global aesthetic medicine market is segmented into invasive procedures and non-invasive procedure. By applications, the global aesthetic medicine market is classified into beauty center, clinic, hospital and medical spa. Whereas, the requirement for cosmetic processes across the world is growing. It is predicted to further influence the aesthetic medicine market. Requirement for countless non-invasive or minimally invasive services such as laser resurfacing, aesthetic injectable, and several other services is growing alongside an augmented the consumer interest in skin texture and tone advancement.

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Aesthetics has been obtaining importance in all factors of everyday life during the last few years. It is a greatly innovative branch of medicine. The focus of aesthetic medicine is to advance the physical appearance and satisfaction of a patient by utilizing the minimally invasive or non-invasive processes. Aesthetic medicine is suggested to healthy individuals who are discontented with some minor deficiencies. Aesthetic medicine is also used to treat situation such as eczema, allergies, and acne. Furthermore, the aesthetic treatment comprises dermal fillers, microdermabrasion, venous treatment, body countering, cellulite treatment, and chemical peels.

Moreover, the effective rise in awareness and requirement for preventative processes meant to propose anti-aging benefits of injectable products during early life is further predicted to boost the aesthetic medicine market. Not only has this, aim of market players on R&D investments is predicted to lead to modernizations in aesthetic medicines, thereby boost their requirement.

Region wise, the North America is projected to account for a foremost share of the 'Global Aesthetic Medicine Market' throughout the forecast duration due to availability of advanced healthcare infrastructure, implementation of cosmetic processes, and augmenting the prevalence of skin disorders. The aesthetic medicine market around Asia Pacific is probable to enlarge at a speedy pace during the forecast duration. This is attributed to increasing consumer knowledge and augmented interest in cosmetic processes, rising medical tourism, and broadened acceptance of aesthetic medicines.

For More Information, refer to below link:-

Global Aesthetic Medicine Market Research Report

Global Anaesthetic Medicines Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

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Global Ceramic Knife Market is predicted to Augment Owing to Increase in Number of Restaurants and Eateries: Ken Research

The ceramic knife appeared to be prominent with the customers since ordinary kitchen knives and general metal tools are not enough to meet individual’s requirement. The ceramic knife is well-known as a “noble knife”, which has the benefits that ordinary steel knives cannot match, likewise sharpness, fashion, health, safety and environmental protection. The ceramic knife is a new type of knife made of nano-technology which is more than ten times as sharp as a steel knife. Therefore, the ceramic knives have the characteristics of high hardness, high-temperature resistance, high-density, magnetization and oxidation resistance.

According to the report analysis, ‘Global Ceramic Knife Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread)’ states that Mitsubishi, Zwilling JA Henckels AG, Kyocera Corporation, Keramikos Kitchen, Oliver and Klin, MoiChef, Jaccard Corporation and many more are the key entities which recently operating in the ceramic knife market more proficiently for generating the high percentage of revenue, obtaining the competitive edge, keep maintaining the governing position, ruling around the globe, leading the highest market growth and registering the great value of market share.

On the basis of types, the global ceramic knife market is segmented into 3-inch Paring Knife, 4-inch Fruit Knife, 5-inch Utility Knife, 6-inch Utility Knife, 8-inch Utility Knife, and many others. On the basis of applications, the global ceramic knife market is classified into residential, commercial and industrial. It is predicted that the residential application was the greatest segment during the recent past years and is probable to enlarge further at a steady CAGR. This growth is accredited to the growing awareness concern to the prevalence of advanced products and customer disposable income levels, particularly in underdeveloped regions such as India and China.

In addition, the increasing popularity of the reality shows, likewise MasterChef, Top Chef, Hell’s Kitchen, Iron Chef, and Chopped, which have renewed the arena of cooking, is the foremost growth-propelling aspect for the market. Furthermore, cooking has become a prevalent career choice, which is predicted to have a positive impression on the requirement for the ceramic knife.

Not only has this, the effective growth in importance of visual appeal dishes will propel the product requirement over the next few years. Additionally, usage of knifes to generate the uncommon shapes comprising chiffonade, brunoise, julienne, and macedoine has become a primary trend due to the speedy globalization. This will boom up the product requirement. The introduction of improved product will also have a positive impression on the market growth during the coming years.

Cooking has become a prevalent career choice, which is predicted to have a positive impression of the product requirement. Augmented importance of the visual appeal in countless food dishes will propel the product requirement over the next few years. Product development is predicted to remain a critical accomplishment aspect for the market participants. Therefore, foremost entities have augmented their spending on new product improvement. Thus, it is predicted that the market of ceramic knife will increase around the globe more actively over the near future.

For More Information, Click on the Link Below:-

Global Ceramic Knife Industry

Related Reports:-

(COVID-19 Version) Global Ceramic Knife Market Status (2015-2019) and Forecast (2020-2025) by Region, Product Type & End-Use

Global Ceramic Knife Market Status and Future Forecast 2015-2025

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Ankur Gupta, Head Marketing & Communications

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Tuesday, November 23, 2021

Rise in Demand for Pickles among Consumers as a Flavourful Product Expected to Drive Global Pickles Market: Ken Research

Pickles are rich source of fundamental nutrients including iron, vitamins, calcium and potassium and possess various anti-oxidant properties. They are prepared to preserve the fruits, vegetables or a mixture of both, or to extend shelf life, either through anaerobic fermentation in brine or soaking in vinegar. They are known for a variety of health benefits for instance supplying essential minerals & vitamins, improving digestion and reducing the ulcers. Pickles are commonly sweet or sour in the taste and are often spicy. They attain the taste of key ingredient which is the fruit or vegetable of which the pickle is made. Increased promotional activities by the main manufacturers have increased the popularity of cross-cultural cuisine, which is an important factor for cucumbers around the world.

As per analysis, Global Pickles Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread). Few of the key companies operating in the global pickles market include Del Monte Foods, Gundelsheim, Van Holten's Pickles, Vlasic, ADF Foods, Kraft Heinz., Bluebonnet Creek Farms, Sucker Punch Gourmet, Maille, McClure's Pickles, Del Monte Foods, Best Maid Products, Mt. Olive Pickle Company, Gundelsheim, Pickle Juice and among others. These major companies form joint ventures or enter into the partnerships for specific projects, mergers & acquisitions to achieve technological advances. They strive to develop end products & services that are unique, profitable, competent in their work and can provide precise solutions to the respective problems.

Based on types, pickles market can be segregated as kosher dill pickles, polish-style pickles, brined pickles and others. In addition, based on application, market can be segregated as online retailers, retail store, wholesale markets and others.

The pickles market is primarily driven by increase in health benefits of pickles include reducing ulcers, improved digestion, source of anti-oxidants that help the body from free radicals attack and rise in awareness about GMO products & longer shelf life. Apart from this, decrease in usage of preservatives in organic pickles and rise in awareness about the harmful effects of GMO products may impact the market.

Based on regional analysis, the North-America is a leading region in global pickles market owing to growth in consumption of cucumber pickles & olives across the region. The Europe and Asia-Pacific regions are estimated to witness higher growth rate due to easy availability of seasonal fruits & vegetables with which pickles are made and increase in acceptance of different & new cuisines and continually changing the eating behavior of consumers over the forecast period. Furthermore, increase in use of a variety of pickled fruits, vegetables, seafood and meat in the meal accompaniment form is likely to pave the way for mushrooming growth of pickles market in the Asia-Pacific region. It is anticipated that future of the global pickles market will be bright because of rise in demand for pickles among consumers as a flavourful product and also as the food enhancers during the forecast period.

For More Information, Click on the Link Below:-

Global Pickles Market

Related Reports:-

Global Pickles and Pickle Product Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025

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Ken Research

Ankur Gupta, Head Marketing & Communications

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Decoding the landscape of International remittance Industry in Saudi Arabia: Ken Research

November 2021

The Saudi Arabia Remittance market is anticipated to grow at a CAGR of 2.8% during the forecast period FY’20-FY’25.
Growth of digital payments solutions, along with rising fintech ecosystem are further expected to give a boost to numerous entities that facilitate online payments in the country.
Opening of the market to allow foreign MTOs will encourage entry of new players in the oligopolistic remittance market

Saudi Arabia is one of the most economically prosperous country in Asia and hence is a prominent emigration destination to a many South Asian countries. Of the current population of 33 Million, more than 37% of population comprises of expats with India, Pakistan, Nepal, Philippines, Bangladesh, Sri Lanka and Egypt being key source countries. This results in a high contribution of outbound remittance in the industry as the expats send money to their home country periodically.

Due to increased focus on hiring Saudi nationals at higher level posts, more and more people are looking to move from Saudi Arabia. This led to a decline in the remittance industry size by value. However post-COVID the scenario has reversed due to higher propensity to save.

Until 2019, the foreign MTOs were not allowed to set up business independently. But based on G20 National Remittance Plan, Saudi Arabia has opened the markets for foreign MTOs which will boost the industry growth.

How is the competitive landscape in International Remittance Industry of Saudi Arabia?

The Saudi Arabian Remittance market is dominated by major 7-8 which are providing remittance services from a very long back. A very high amount of capital would be required to make any position in the oligopoly remittance market of Saudi Arabia. More than 95% of the remittance market is hold by 8 firms and the competition has been growing largely since the increase in penetration of digital channels. Entry of STC pay has gained a substantial market share since it begin their operations and all other banks are now focusing on strengthening their digital channels.

In Saudi Arabia, foreign MTOs were not allowed to open their branches and providing remittance services independently in the Kingdom. Since 2019, the plan have been introduced but there are many rules and regulations which are to be followed for the foreign money exchanges. The paid up capital has not been standardized for the foreign players and it is to the discretion of Saudi Central Bank SAMA. This means that the entry barriers are high for the remittance industry in the Kingdom.

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What is the future takeaway for industry players?

Given the backdrop of increase in volume and value of outbound international remittance transactions, analysts at Ken Research expect a growth of 4.5% during 2020-21 and CAGR of 2.8% during 2020-25F.

During this period, value of transactions is expected to peak in 2025 which will be driven by the opening of the market for foreign MTOs and growing adoption of digital solutions.

Analysts at Ken Research further expect that digitalization of services and corresponding marketing campaigns are expected to drive the revenue of remittance industry at a CAGR of 3.1% during 2020-25F

Key Topics Covered in the Report

Overview of International Remittance Industry in Saudi Arabia (Statistics on Corridor wise Transaction volume and value)

Industry segmentation (By Type of Transfers, Corridor wise)

Cross Comparison of Major players on Operational and Financial Parameters (December 2020)

Company Profile of Major Players (Overview, Products and Services, USP, Business Strategies, Branch wise Operational Performance, Cumulative Financial Performance, Recent Developments)

Growth Drivers and Challenges to Saudi Arabia International Remittance Market

Industry trends and developments

Risk factors in the industry

Rules and Regulations by Government Bodies

Impact of COVID-19 and Future Outlook of Industry

Indonesia Domestic and International Remittance Market Outlook to 2023 - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Income Level Group and By Inflow and Outflow Remittance Corridor

Singapore International Remittance Market Outlook to 2023 - By Inbound & Outbound Remittance, By Banking and Non-Banking Channel, By Inflow & Outflow Remittance Corridors

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249

Global Heat Exchangers Market 2021 by Application, Size, Technology, Opportunities, End Users, Regions And Forecast 2027

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A heat exchanger is specific type of system, generally used to transfer heat between two or more liquids, mainly between hard surface and a liquid with different temperatures and thermal contact. Heat exchangers don’t use external heat or working communications. Some of the factors that will drive the heat exchanger market are increased investments in the chemical, petrochemical and fuel processing industries, rising energy demands, technical improvements, and strict environmental standards & regulations. Due to benefits such as low price, the heat exchanger market is becoming widespread in various industries. However, the power generation industry is the main end-use industry for the global heat exchanger market.

Referring to the study, “Global Heat Exchangers Market, 2021-2027” the key companies operating in the global heat exchangers market include Paharpur Cooling Towers Private Limited, Alfa Laval AB, Kelvion Holding GmbH, SPX FLOW, Inc., Baltimore Aircoil Company and among others. The leading companies have pursued various organic & inorganic growth strategies to strengthen their market positions. The introduction of new products is the main growth strategy of these leading companies in order to strengthen their regional presence and develop the product-portfolios to meet the rising demand for heat exchangers from emerging countries.

Based on product type, heat exchangers market can be segmented as cooling tower systems, shell & tube heat exchangers, air-cooled heat exchangers, gasketed plate & frame heat exchangers, brazed plate heat exchangers and others. Shell & tube heat exchanger segment dominates the global market owing to ease of servicing & their compatibility for use with various types of seawater coolants. In addition, based on application type, market can be segmented as power, chemicals, HVAC, oil & gas, refrigeration and others. The chemicals segment is predicted to witness higher growth rate as their application in the complex series of processes for instance heating, cooling, evaporation, condensing, separation, and others during the forecast period.

Rise in HVACR deployments & growth in construction activities, followed by rapid industrial expansions in developing economies, growth in technological advancements in heat exchangers market and stringent environmental regulations are some major factors, which are responsible for growth of the heat exchangers market. Apart from this, lack of awareness about buildings’ energy efficiency and regulations pertaining to fluorinated greenhouse gases may impact the market. Moreover, large aftermarket for heat exchangers and surge in nuclear power generation are leading opportunities for market.

Based on regional analysis, the Asia-Pacific is a leading region in “Global Heat Exchangers Market” owing to increase in number of power projects under construction across the region. The North-America and Europe regions are estimated to witness higher growth rate due to rise in preference for heat exchangers in oil & gas industries and increase in focus to reduce carbon footprint over the forecast period. It is predicted that future of the global heat exchangers market will be bright as a result of rise in demand for centralized heating systems coupled with growth in the economy of various countries during the forecast period.

For More Information, refer to below link:-

Global Heat Exchangers Market Size 2021-2027

World Plate Heat Exchangers Market by Product Type, Market, Players and Regions-Forecast to 2026

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Ankur Gupta, Head Marketing & Communications

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Global Brazed Plate Heat Exchangers Market Industry Trends, Analysis, Share, Market Size, Application Analysis, Growth Rate And Forecast 2021-2027

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Brazed plate heat exchangers are commonly designed to provide unmatched performance at the lowest life cycle cost by using the most efficient type of heat transfer. These types of heat exchangers are maintenance free, resist high-temperatures and can maintain extremely high design pressures. One of the main drivers of the market for brazed plate heat exchangers is the properties of BPHEs such as high efficiency, compactness, flexibility and economy. In addition, heat transfer rate is high with these heat exchangers, because of the large conductive surface area that is likely to increase fluid turbulence, which in turn increases the demand for brazed plate heat exchangers across the globe.

As per analysis, “Global Brazed Plate Heat Exchangers Market, 2021-2027” the key companies operating in the global brazed plate heat exchangers market include Danfoss A/S, Kelvion Holding GmbH, Alfa Laval AB, Dover Corporation, Xylem Inc., Boyd Corporation, HYDAC Group and among others. Manufacturers are mainly dedicated to optimize the performance of brazed plate heat exchangers through the development of advanced and proprietary technologies for instance Equalancer system and Dualaced technology.

Based on product type, brazed plate heat exchangers market can be segmented as single circuit and multi-circuit. Single circuit segment dominates the global market due to rise in demand for use in heat pumps & water heating applications. Additionally, multi-circuit segment is predicted to witness higher growth rate as it provides various advantages such as low maintenance cost, smaller footprint, and energy efficiency during the forecast period. In addition, based on application, market can be segmented as industrial and HVAC. The HVACR industry is projected to grow fast caused by rise in demand from the global construction sector. The global construction sector is growing due to urbanization, globalization, rise in living standards, and growth in infrastructure development, increase in purchasing power parity (PPP) and rise in demand for megacities in the countries.

Increase in number of construction activities, followed by growth in technological advancements, rise in demand of the product due to high efficiency, compactness and flexibility, increase in use of HVACr systems and surge in usages of the product in economizers, condensers, floor heating, super-coolers and other industrial applications are some major factors, which are responsible for growth of the brazed plate heat exchangers market. Apart from this, non-movable nature of the product may impact the market. Moreover, rapid industrialization, growth in number of technological development and increase in research & development (R&D) activities are leading opportunities for market.

Based on geographic analysis, the Europe region is a prevalent region in the “Global Brazed Plate Heat Exchangers Market” owing to increase in levels of investment for the development of infrastructure across the region. The North-America and Asia-Pacific regions are anticipated to exhibit substantial growth rate due to growth in development of advanced infrastructure and rise in usages of the product in HVAC & industrial applications over the forecast period. It is projected that future of the global brazed plate heat exchangers market will be bright because of increase in number of construction activities coupled with rise in the per capita income of people during the forecast period.

For More Information, refer to below link:-

Global Brazed Plate Heat Exchangers Market Research Report

Global Nickel Brazed Plate Heat Exchangers Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023

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Ankur Gupta, Head Marketing & Communications

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Global Body Control Module Market - Application, Industry Analysis, Size, Demand Forecast 2027

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The Body Control Module (BCM) is a specific type of electronic control-unit, which is responsible to monitor & regulate the electronic devices that are installed in an automobile. It interacts with the on-board processors by the vehicle bus, an internal communication-network that interconnects segments inside the vehicle whose prime application is commanding the load drivers – actuating relays that in turn perform various actions in the vehicle for instance securing the doors and dimming the salon overhead lamp. BCM enables the linking of inputs & outputs via powerful microprocessors. The most important functions of the BCM include the control of electrically adjustable mirrors, power windows, air conditioning, central locking, immobilizer and various other functions. Rising demand for small & reliable BCMs is a vital aspect of the growth in the market revenue of body control module as well as the integration of novel features in BCM and maturing the autonomous vehicles concept will foster market growth.

Referring to the study, “Global Body Control Module (BCM) Market, 2021-2027” the key companies operating in the global body control module market include Hella KGaA Hueck&Co., Robert Bosch GmbH, Continental AG, Aptiv PLC, Infineon Technologies AG and among others. The renowned players have strong distribution networks at worldwide level. Additionally, these players provide an extensive product range. Key strategies adopted by these players to maintain their market position are collaborations, new product developments, and contracts & agreements.

Based on product type, body control module market can be segregated as local interconnect network (LIN) bus and Controller Area Network (CAN) bus. The CAN bus dominate the global market owing to growth in internet of things (IoT) & connected car and growth of cloud computing technologies. In addition, based on application, market can be segregated as MCVs & HCVs, LCVs and passenger cars. Passenger car segment is anticipated to witness higher growth rate due to rise in demand for passenger cars in developing and developed countries during the forecast period.

Rise in demand for automotive components, followed by stringent safety regulations set by government for automotive industry, increase in body electronic functions in modern vehicles and rise in demand for advanced safety, comfort, and convenience features in vehicles are some major factors, which are responsible for growth of the body control module market. Apart from this, increase in complexity of module may impact the market. Moreover, increase in need for advanced driver assist features and rise in demand for electric & hybrid vehicles across the globe are leading opportunities for market.

Based on regional analysis, the Asia-Pacific is a leading region in “Global Body Control Module Market” owing to high adoptive rate of new technology across the region. The North-America and Europe regions are estimated to exhibit substantial growth rate due to proactive government support for development of novel technology over the forecast period. It is projected that future of the global body control module market will be bright because of large-scale demand for passenger & heavy commercial vehicles and growth in production of automotive vehicles as well as inclusion of more numbers of electronic units during the forecast period.

For More Information, refer to below link:-

Global Body Control Module Market Forecast 2021-2027

Body Control Module Market by Type (CAN and LIN), Vehicle Type (Passenger Car, Commercial Vehicle, and Electric Vehicle), and Application (Interior and Exterior): Global Opportunity Analysis and Industry Forecast, 2020-2027

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Ken Research

Ankur Gupta, Head Marketing & Communications

support@kenresearch.com

+91-9015378249