Recycled Thermoplastic Market 2020 Overview, Top Key Players, Industry Growth and Forecast to 2025

Recycled Thermoplastic Market

Global Recycled Thermoplastic Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Recycled Thermoplastic Market size was estimated at USD 45 billion in 2017 and is projected to surpass USD 95 billion by the year 2025.

Regionally, the Asia Pacific belt is proclaimed to emerge as one of the most lucrative growth grounds for recycled thermoplastic industry, given the increasing proliferation of construction activities across this region. Driven by countries like China, the regional market is estimated to procure more than 35% of the global share by 2025.  In fact, as per estimates, the construction industry output in Asia Pacific region would reach USD 4.8 trillion by 2021. This would invariably upscale the demand for recycled thermoplastics for window panels, railings, insulation, and structural decorations, leaving a perpetual impact on regional recycled thermoplastic industry share.

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While delivering major benefits, the current plastic economy has major drawbacks that are becoming more apparent day by day. Recycled thermoplastic market, however, with its penetration, is sending out waves of anticipation across a plethora of industry domains, subject to its unrivalled functional properties and reduced cost. Estimates depict, more than 90% of plastic packaging material value after a short first use life cycle is lost to economy, accounting for a loss of more than USD 100 billion annually.

Nearly 30% of the plastic packaging escapes the collection system which ultimately leads to a significant economic cost, due to loss in productivity of vital natural systems such as ocean. The cost of such post-use externalities in addition to the cost associated with the GHG emission from plastic production are compelling most of the end-use sectors to incline toward recycled thermoplastic industry. Statistics further testifying the declaration – the global recycled thermoplastic market garnered a remarkable revenue of USD 45 billion in 2017.

Global Growth drivers

  • Growth in electrical & electronics industry

Regional Growth drivers

  • Increasing construction activities in Asia Pacific region
  • Growth in automotive sector in developing economies

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The industry space, despite encompassing an all-inclusive application terrain, is deemed to accumulate maximum monetary benefits from building and construction sector. The substantially escalating demand for interior designing, window frames, piping, and building insulation materials which meet the corrosion resistivity, durability, cost-effectiveness, and ease of installation and maintenance criterions is a primary factor contributing to the growth of recycled thermoplastic industry growth in this vertical. As per reliable estimates, building & construction applications accounted for almost 15% of the overall recycled thermoplastic industry share in 2017. Industry players are also utilizing the material in some of the most exemplary construction innovations, which would undeniably contribute to the market size.

Recently, Rex Nichols Architects announced the launch of a breakthrough glass home featuring composite wood, which is a recycled form of wood with thermoplastic components, insulated low-e glass, and energy efficient heating pumps. Reportedly, this 4000 sq. ft residency is awaiting for an approval to begin the construction in Florida. As per estimates, this absolutely groundbreaking glass home would cost around USD 5 million, once it gets complete by the mid of next year. Needless to mention, this is one of the significant projects underlining the high-grade developments in recycled thermoplastic market over the recent years.

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Crawler Crane Market Growth Forecast 2020-2024 By Regional Manufacturers

The global crawler crane market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The size of crawler crane market was registered at USD 1.8 billion in the year 2017 and is anticipated to cross USD 3 billion by 2024. The rising demand for high-capacity lifting solutions coupled with the flourishing construction sector across the globe is anticipated to drive the crawler crane market growth. Heavy lifting and material handling requirements at the construction and mining sites result in huge deployments of these machines.

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Increasing demand for fuel-efficient machines creates an awareness to improvise the crane manufacturing processes. Manufacturers in the crawler crane market are enhancing the production process to offer machines with increased fuel capabilities. Additionally, the need of controlling harmful emissions from high-intensity activities in the energy & power sector, eco-friendly initiatives across various sectors, the crawler crane market is witnessing the production of low fuel consuming machines.

The implementation of innovative control technologies in these machines required to control the heavy lifting operation drives the crawler crane market growth. Intelligent control systems in modern crawler cranes include the combination of hardware and software components to facilitate lifting operations. The functions include display and control instructions for the crane operator, monitoring of all control sensors, and the overload protection. Manufacturers offer increased user-friendliness and operator safety benefits by deploying these control technologies, further developing the crawler crane market. For instance, The Liebherr Group offers its 300 tons crawler cranes implemented with intelligent control systems, which provide several operator control functions such as vertical line finder, user-friendly display, and precise load transport.

Top Industry Players –

  • Action Construction Equipment Ltd,
  • BG Lift,
  • Böcker Maschinenwerke GmbH,
  • EFFER S.P.A.,
  • The Escorts Group,
  • Furukawa UNIC Corporation,
  • Henan SPT Machinery Equipment Co. Ltd.,
  • Hitachi-Sumitomo Heavy Industries Construction Crane Co. Ltd.,
  • Hoeflon International BV,
  • Jekko s.r.l.,
  • Kato Works,
  • Kegiom Lifting,
  • Kobelco Construction Machinery Co. Ltd.,
  • Komatsu Ltd.,
  • Konecranes Oyj,
  • Liaoning Fuwa Heavy Industry Machinery Co. Ltd.,
  • Liebherr Group,
  • Link Belt Cranes,
  • Maeda Seisakusho Co. Ltd.,
  • Manitex International,
  • Manitowoc,
  • Palfinger AG,
  • R&B Engineering,
  • Sany Group,
  • Sennebogen Maschinenfabrik GmbH,
  • Sunward Equipment Group,
  • Tadano Ltd.,
  • Terex Corporation,

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The 250 to 450 capacity machines in the crawler crane market are expected to witness a considerable demand due to their utilization in building construction, nuclear power generation, and water conservancy operations. These machines offer powerful lifting capacities and improved traveling traction while carrying heavy loads at the energy generation sites. Additionally, the increasing focus of various governments worldwide on providing enhanced public infrastructure is creating demand for these machines in the crawler crane market. For instance, SANY Group announced the deployment of its machine SCC500 in the Noida Crossroad Project in India by the Delhi Metro Railway Company.

In the crawler crane market, the energy sector is expected to witness a substantial growth due to the essential operations in wind power generation. These cranes are used in the transportation and assembly of wind turbines, mixing plant operations, and lifting works. The high-capacity cranes also perform the erection of wind turbines and provide increased operator safety during these operations. Precision control and high flexibility are the major factors that increase the deployment of these machines in the production of oil & gas, wind energy, and power. For instance, in November 2017, Demag, a Terex Corporation brand, announced the deployment of four crawler cranes in the Beatrice Offshore Windfarm project in Germany.

Asia Pacific crawler crane market is anticipated to witness growth owing to the emerging construction and rental sectors in countries including China and India. The growth of equipment rental providers in the region will lead to a high machinery demand. Global companies are expanding their business operations in the region by collaborating with local manufacturers due to increased commercial and residential construction activities in the region, thereby supporting the industry demand. For instance, in December 2016, Jekko s.r.l. collaborated with Lee Hyun Soo and Dennis Shin for establishing the new subsidiary Jekko Korea in Seoul.

Industry Growth Drivers:

  1. Increasing infrastructure investments globally
  2. Implementation of advanced technologies
  3. Rising demand from the energy sector
  4. Growing rental companies in Asia Pacific and North America
  5. Increasing rate of urbanization in the North America & Europe
  6. Emergence of new manufacturing companies in Europe
  7. Rapid infrastructure development in BRIC countries
  8. Recovering construction sector in Latin America
  9. Rising number of public private partnership projects in MEA
  10. High demand for crawler cranes from the utility sector in MEA

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Key players operating in the crawler crane market include: Terex Cranes, The Liebherr Group, Komatsu Ltd., Kobelco Construction Machinery Co,. Ltd., Tadano Ltd., SANY Group, The Escorts, Hyundai Construction Equipment, Manitowoc, and ACE. These companies have developed application-specific and high lifting capacity machines that support eco-friendly development initiatives. Furthermore, the major players in the crawler crane market focus on developing long-term supplier and dealer partnerships to address various regional requirements.

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Electrical Safety Personal Protective Equipment Market 2020 Growth analysis and forecast to 2025

Electrical Safety Personal Protective Equipment Market

Global Electrical Safety Personal Protective Equipment Market report provides in-depth information about Industry overview, top vendors, Key market highlights, drivers, challenges, trends, industry landscape, size and forecast.

Electrical Safety Personal Protective Equipment Market size was estimated at USD 10 billion in 2018 and is projected to surpass USD 20 billion by the year 2025.

The global electrical safety PPE market is poised to garner substantial growth in the ensuing years, owing to development in the automotive industry worldwide. In addition to its uses across construction and manufacturing, electrical safety PPE products are excessively used in the automotive industry. The industry often requires complete respiratory, hearing, hand and eye protection devices due to the number of potential hazards present within the automotive manufacturing plants.

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The Asia-pacific battery electric vehicles market is also growing as dominant players like China’s BYD Auto continue to successfully compete in the international market against contenders like Tesla Inc. The rising demand for electric vehicles is also persuading manufacturers to set up new plants to ramp up production, which will create new manufacturing jobs, thereby propelling Electrical Safety Personal Protective Equipment Market share.

A crucial element of any electric vehicle’s price is the cost of its batteries. According to credible reports, China is already manufacturing over half of the world’s electric vehicle batteries. Within a span of few years, Chinese firms have become some of the world’s major lithium producers, which is an important raw material for batteries. Indeed, China, driven by government initiatives, is said to account for an appreciable proportion of the global lithium ion battery industry.

Growth drivers are –

  • North America: Rising incidences electrocution mainly in U.S. will promote product demand
  • Europe: Stringent certification standards promoting high product quality will favor industry growth
  • Asia Pacific
  • China: Expanding power generation industry will drive need for electric safety PPE, thus promoting industry growth
  • India: Upcoming construction and electrical industry projects will promote electric safety PPE demand
  • Oceania: Growth in mining industry generating high job opportunities mainly in Australia will boost Electrical Safety Personal Protective Equipment Market growth
  • South East Asia: Presence of large number of oil refineries engaging in capacity expansion will boost electrical PPE market growth

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Besides the aforementioned factors promoting electrical safety PPE products demand, government efforts to impose strict occupational safety guideline will also push manufacturers to equip their employees with proper safety products.

For instance, India’s new government is set to prioritize labor reforms in its second term. Successful implementation of labor laws will generate massive electrical safety PPE requirements in not only the Asia Pacific but other regions worldwide as well. Furthermore, a research report by Global Market Insights, Inc. estimates the Electrical Safety Personal Protective Equipment Market to exceed $20 billion by 2025.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Positive Displacement Blowers Market To Generate USD 3 Bn Revenue During Forecast Period

The global positive displacement blowers market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The positive displacement blowers market is set to grow from its current market value of more than USD 2 billion to over USD 3 billion, as reported in the latest study. Positive displacement blowers (rotary lobe blowers) market shall be driven by growing demand from oil & gas industry, it is one of the biggest and steadily growing industry in recent times. Increasing consumption of oil & gas for transportation, industrialization and energy generation has increased rotary lobe blowers demand over the past few years.

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The Positive Displacement Blowers Market is projected to register a CAGR of 6% during the period 2018 -2024.  The Positive Displacement Blowers Market report coverage is inclusive of various parameters such as the market size, regional growth opportunities, major vendors in the market, drivers and constraints, segmental analysis, as well as the competitive landscape.

Oil & gas industry is anticipated to grow at 4% CAGR during the forecast period this can be attributed to the increasing demand from countries including the U.S. China and India. On the other hand, U.S.A., OPEC, Iran and Russia which are major producers of oil & gas globally are increasing their production due to the ongoing trade race between them, this will fuel the rotary lobe blowers market growth over the forecast timespan.

Another major growth driver in positive displacement blowers market is chemical industry, which has experienced healthy growth in past few years. In 2017, global chemical industry was valued close to USD 4 trillion and is projected to grow at a promising CAGR in the near future. This gigantic size and prominent growth rate of this industry shall propel product demand in the coming years.

Top Industry Players –           

  1. Busch SE,
  2. Eurus Blowers,
  3. Gardner Denver,
  4. Hitachi Ltd.,
  5. Howden Group,
  6. Aerzen,
  7. Kaeser Kompressoren,
  8. Tuthill Corporation,
  9. AMCL Machinery Limited,
  10. Airtech Blower Industries,
  11. KPT Blowers,
  12. Greatech Machinery Industrial Co. Ltd.,
  13. Blowvacc Transmission Private Limited,
  14. HR Blowers

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High product and raw material cost shall restrain the product demand during the forecast timespan. Moreover, availability of numerous other blowers having better performance indices than rotary lobe blowers may pose challenge to positive displacement blowers Market growth over the forecast timespan. Rotary lobe blowers are regulated by local and regional government bodies through general pollution regulations, these regulations are likely to hamper the product demand in coming years.

Tri-lobe blowers will be the booming segment in positive displacement blowers market over the forecast period. European and North American countries use tri-lobe blowers at large scale which can be attributed to the advance nature of the industries in those countries. Economies in Asia Pacific including India, Bangladesh and Indonesia are the biggest consumer countries for twin-lobe blowers and are likely to create major demand for it in the coming years.

Asia Pacific has been the biggest market for rotary lobe blowers from last few years and it is anticipated to witness significant CAGR over the forecast period. Growing chemical, manufacturing and power generation sectors in Asia Pacific shall accelerate rotary lobe blowers demand over next few years. Europe was another major market for positive displacement blowers owing to its speedily growing chemical and water & wastewater treatment industries.

Split by product type, the market has been divided into

  1. Twin Lobe,
  2. Tri Lobe

The report includes a lot of details pertaining to the production, growth rate of each segment, remuneration, price, as well as segmental market share.

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Many multinational and local companies are operating in the positive displacement blowers market. Some major global players are Aerzen, Universal Blower Pac, Kaeser, Shandong Zhangqiu Blower Co., Ltd, Kay International, Howden, Busch SE, Siemens, Eurus blowers, Hitachi Ltd. And Gardner Denver. Geographical expansion in terms of production facility is majorly adopted by global companies. For example, In June 2014, Hitachi America Ltd. Announced its new subsidiary in Mexico, Hitachi industrial Equipment Mexico. It is engaged in the sale and after sale services of Hitachi industrial equipment Systems Co. Ltd. Products.

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Smoke Pressure System Market to Register 5% CAGR by 2024

The global smoke pressure system market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

Smoke pressure system market share was valued at USD 400 Million in the year 2018 and is projected to surpass a revenue of USD 590 million by the year 2024. The growing data center industry is demanding enhanced smoke pressure and fire suppression solutions to prevent the loss of sensitive data due to fire accidents. The complexity and sensitivity of the electronic equipment used in the current data centers coupled with the losses caused due to interruptions are stressing on the significance of fire protection solutions in data center risk assessment.

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The worldwide Smoke Pressure System Market to register a CAGR of 5% over the period of 2018–2024. Analysis of the report based on competitive landscape, evolving technologies, current business trends, key industry players, growth pattern, and demand projections by the year 2024. The report also includes an in-depth analysis of the market based on its segments and sub-segments.

The construction sector in the Middle East, Asia Pacific, and Europe is experiencing rapid growth due to rapid urbanization and several infrastructure refurbishment activities, thereby providing ample growth opportunities to the smoke pressure system market growth. With urbanization becoming an unrelenting trend, the limitation for space is leading to the construction of more midrise to high-rise buildings. Stringent government regulations to ensure the safety of people and property in high-rise buildings will further support the stairwell pressurization system market demand.

Complexities in designing the pressurization units within the code-specified pressure differential limits are expected to hamper the smoke pressure system market growth. Numerical simulations are conducted for these systems aimed at the adherence to the standards postulated by the International Building Code (IBC). Designing these solutions for high-rise buildings involves the evaluation of the vertical air movement due to the temperature difference between the conditioned building air and the ambient outside air, which further increases the complexity of the overall design.

Top industry players –

  • Air Pressure Solutions Ltd.,
  • Belimo Aircontrols, Inc.,
  • Blauberg Ventilatoren GmbH,
  • Colt,
  • Crossflow,
  • Kingspan Group,
  • Fantech Pty. Ltd.,
  • Fla?ktGroup,
  • GSBmbH,
  • Greenheck Fan Corporation,
  • Priorit AG,
  • Sodeca,
  • Strulik GmbH,
  • Systemair AB,
  • TROX GmbH

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Wall installation solution is expected to witness a steady growth over the forecast timespan. The growth can be attributed to the rugged construction that ensures the longevity. Single point injection systems that are less complicated can use wall-mounted propeller fans. Easy accessibility of the electrical components that facilitate fast maintenance is an important factor aiding the wall installation stairwell pressurization system market growth. These systems also guarantee cost savings as opposed to the roof-mounted solutions that require the construction of a separate duct.

The presence of several manufacturing companies in Germany and France generates a huge amount of data and leads to an increase in the number of data centers in these regions, thereby supporting the stairwell pressurization system market growth. The flourishing construction industry of Europe following the government efforts to expand and upgrade the existing infrastructure demands for enhanced smoke control units to ensure the safety of people. For instance, in Germany, the Berlin Building Regulations mandate for the installation of smoke alarm devices effective from January 1, 2017.

Market Growth Drivers – 

  1. Growing utilization across data centers
  2. Increasing demand to provide smoke-free stair passages during a fire
  3. Rising demand across residential applications in the U.S.
  4. Growing construction activity and increase in building code requirements and in Europe
  5. Growing urbanization and safety concerns in India
  6. Economic expansion in Southeast Asia
  7. Rise in commercial construction activities across the Middle East market

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Key players operating in the smoke pressure system market include Greenheck Fan Corporation, Flakt Group, Colt International Ltd, Systemair AB, NOVENCO Building & Industry, Aldes Aeraulique S.A, Nuaire, Sodeca SLU, Air Pressure Solution, Essmann Group, and Strulik GmbH. The industry is consolidated owing to the presence of a few players owning the majority of the market share. Intense competition among major players to offer technologically-advanced solutions also contributes to the smoke pressure system market growth.

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Stationary air compressor market is set to record 3% CAGR during 2018-2024

The global stationary air compressor market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

The stationary air compressor market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of US$ 30 billion by 2024, with an anticipated CAGR of 3% through 2024. Increasing demand for household refrigerators and air conditioners will be a major growth enabler for the stationary air compressor market as the product is an integral part of these household appliances. Home appliances demand has been increasing at a fast rate, mostly in emerging economies of Asia Pacific and Latin America. Rising income levels of consumers in these regions has been the main reason behind a spurt in home appliances demand. In 2016, Asia Pacific accounted for more than 40% of the global consumer appliances sales in terms of volume with India, Indonesia and Vietnam registering stronger demand than other countries.

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Global automotive industry growth will also positively impact the stationary air compressor market development till 2024. Increasing vehicle production in the Asia Pacific region will boost stationary air compressor’s demand as they an integral part of every car air conditioner. The product is also used to power air brakes of heavy duty automobiles as well as commercial vehicles. Asia Pacific accounted for more than 50% of the worldwide production of automotive in 2016. Automotive production rates have been rising in several countries of Asia Pacific such as India, China, Vietnam, etc. These factors will result in increased product demand in the Asia Pacific region for use in automotive manufacturing and will augment the stationary air compressor market development during the study period.

Rotary stationary air compressor market segment will witness a favorable growth rate in the study period and will account for approximately two-third of the overall industry by 2024. The increasing usage of rotary types in the manufacturing industry owing to their advantages over other product types will be a major factor behind its market development.

Top Players Player –

  • Atlas Copco,
  • Sullair, LLC,
  • Gardner Denver, Inc.,
  • Kaeser Kompressoren SE,
  • Ingersoll-Rand plc,
  • Rolair Systems,
  • Sullivan-Palatek, Inc.,
  • Hubei Teweite Power Technology Company Limited,
  • Ciasons Industrial, Inc.,
  • Quincy Compressor,
  • Zen Air Tech Pvt. Ltd.,
  • Bauer Compressors, Inc.,
  • KULMEC,
  • Saylor-Beall Manufacturing Company,
  • Gen-Tech

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Oil-filled stationary air compressors market will be augmented by their increasing usage in a wide range of end-user industries such as power plants, mining, oil & gas, etc. The segment’s revenue in 2024 will exceed USD 14 billion as their advantages over oil-free stationary air compressors such as low maintenance costs and high efficiency & capacity will result in a substantial growth rate in the study period.

Food & beverage is a key application segment in the stationary air compressor market which is likely to grow by a CAGR of around 3% in the forecast period. Mostly the oil-free types are employed in this industry as they lower the chances of food contamination.

North America will be an important region in stationary air compressor market owing to the rise in oil & gas exploration in the region. A mature manufacturing sector in the U.S. will also be a major growth enabler for the regional industry. The North America stationary air compressor market revenue exceeded USD 2.5 billion in 2017 and will grow by a stable rate during the study period.

Market Growth Drivers

  1. Technological advancement in the industry
  2. Upsurge in the household appliances market

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Some of the major stationary air compressor market participants include Atlas Copco, Ingersoll-Rand, Kaeser, Rolair Systems, Gardner Denver, Bauer Compressor, Sullivan-Palatek, etc. The industry is also characterized by the presence of several medium-scale manufacturers spread across the globe.

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Edible Insects Market Driven By ncreasing sports & dietary supplements consumption by sportspersons & athletes owing to presence of protein, vitamins, and amino acids

Insects in general have high protein content as well as exceptional product efficiency as compared to other conventional food groups. The most commonly eaten insects are bees, ants, locusts, beetles, grasshoppers, and caterpillars. In places like Nigeria, Zimbabwe, and Zambia, edibles insects are most commonly available in open markets, and school cafeterias, thereby forming a profitable business. Up to 50% of dietary protein is obtained from insects, and these insects have a higher market value than other protein sources.

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Company Profiles

  1. Ÿnsect
  2. Micronutris
  3. AgriProtein
  4. Entomo Farms
  5. Protifarm
  6. Bugsolutely
  7. EnviroFlight, LLC
  8. Exo Protein
  9. Chapul
  10. Thirty Six Foods Nigeria Ltd
  11. Gathr Foods
  12. Flukers Cricket Farm Inc
  13. fr (Entotech SAS)
  14. Crowbar Protein Company
  15. Edible, Inc. A Daniel J. Edelman Company
  16. Bugeater Foods
  17. Crik Nutrition
  18. NUTRIBUG LTD
  19. Crickers
  20. BenSBugS
  21. ECOBARS Pty Ltd
  22. Thailand Unique

Rapid penetration of bee extracts is manufacturing high protein enriched honey and changing dietary needs for low calorie products is further boosting the bees, ants, and wasps segment share.

The other product segment includes larva, house fly, and edible spiders. Share of other segment was 4% in 2019 and is further expected to register continuous growth during the analysis timeframe. Edible spiders are prepared as fried snacks in Cambodia, sold in restaurants as well as local markets.

Browse key industry insights spread across 210 pages with 151 market data tables and 36 figures & charts from the report, “Edible Insects Market” in detail along with the table of contents:

 

https://www.gminsights.com/industry-analysis/edible-insects-market

Insect protein gummies are also sold specifically for kids, where insects are grounded up before being mixed into a liquid mixture of fruit flavors, gelatin, corn syrup, sugar, and food coloring. The finished product resembles the insect that they contain.

From a regional frame of reference, the Middle East & Africa edible insects market is set to witness gains owing to increasing cases of livestock diseases along with rapid adoption of insect powders in snacks. People across Africa have been eating insects since a long time, since insects are a healthier alternative to red meat, and could contain up to three times more protein than chicken or beef.

Rise in consumption of insects has resulted in increase of sustainable food due to low environmental effect. Sustainable foods are safe and healthy, inexpensive, nutritious and easily available for consumption. Insects have great nutritional value which includes fatty acids, protein, dietary energy, vitamins, minerals and fibres. Intake of minerals increases resistance power of the body against diseases. Further, eatable insects are source of oils & fats rich in polyunsaturated fatty acids. As per reports of FAO (Food & Agricultural Organization) of United Nations (UN), insects emit low proportion of greenhouse gases and can be consumed as sustainable diet. All these aspects are predicted to drive the industry growth during forecast timeframe.

Bug consumption has led to rise in demand due to reasonable price of raw materials, transportation and deployment. Low raw material price can result in production increase and directly affect edible insect market price trend. Capital investment by firms to increase their product portfolio can drive the industry demand. Insects can be hazardous if not harvested properly. Limited guidelines and rules for edible insects rearing can hinder the industry expansion.

APAC was the biggest region which produced more than $10 million revenue for 2015. It was led by Thailand and China edible insects market. In Thailand, more than 201 insects are consumed while in China produces raw silk as sericulture is originated there. Both these countries sell both fresh and cooked eatable insects in local as well as wholesale markets.

Europe edible insects market share, dominated by France, UK and Holland is predicted to experience high rate of expansion during forecast timeframe. Most of the European Union nations consume or intake mealworms and crickets in their pet or regular diet.

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Latin America, dominated by Brazil, is predicted to expand substantially in future. Brazil is predicted to register more than 42.4% of CAGR and surpass $55 million mark by end of forecast timeframe.

Key industry participants profiled in the report include Chapul Incorporation,Bugsolutely, Insectitos, Bodhi, Exo Protein, Gathr Foods, Six Foods,ECOBARS, Edible Incorporation,Crik Nutrition, Bitty Foods, EnviroFlight, Micronutris, HaoCheng Mealworm Incorporation, Thailand Unique, Proti-Farm, GetSharp, Kreca, Cricket Flours, Entomo Farms, LaViewEye, Nutribug,Bugeater Foods, AgriProtein Technologies,Crickers,Bensbugs and Fluker farms.

 

 

 

Aerospace Cold Forgings Market 2020 In Depth Analysis of Industry Share, Growth Outlook Up to 2025

The aerospace cold forgings market stands to gain in Asia has been underlined by the recent event where Bamboo Airways of Vietnam ordered ten 787-9 Dreamliners from Boeing while VietJet ordered one hundred 737 Max planes. While the former order was priced at $3 billion, the latter came with a price tag of $12.7 billion. Remarkably, the orders come at a time when President Donald Trump of the United Sates, had been visiting Vietnam to meet with the North Korean leader, Kim Jong-Un.

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Apart from APAC however, North America also stands as one of the most vital regional contributors to the global aerospace cold forgings industry. As per reports, North America aerospace cold forgings market will register a highly exponential growth rate over 2019-2025, driven by the rising presence of numerous aircraft manufacturers in the region in conjunction with the increasing demand for aircrafts subject to the enhanced service portfolio of low cost carriers. Equally important is the fact that U.S. regulators recently approved Vietnam’s air-safety system, making its airlines eligible to begin direct flights to the U.S.

With the stellar growth of the aviation industry, the aerospace cold forgings market is anticipated to record inevitable expansion in the years ahead. Current affairs indicate such a trend as well when in 2019, British Airways placed a massive order for 42 Boeing 777 jets. The deal comes at a time when IAG, which also owns other airlines like Aer Lingus and Iberia, said that the net profits for the group soared by 45% to €2.9 billion due to lower costs and higher passenger numbers.

On the other hand, Airbus has been setting wheels in motion to assemble its latest A330neo wide-body jet in China. The company is trying to capitalize its business in the world’s fastest-growing aviation markets. China itself is not far behind in the race and has already tested the first China manufactured full size commercial aircraft in 2017, a line that is anticipated to rival giants like Boeing and Airbus. Considering such a widespread growth in the aerospace manufacturing industry, it can be very decidedly concluded that the aerospace cold forgings market will earn substantial profits as the industry mainly deals in the manufacturing of airframes, landing gears and nacelles.

To present a brief overview of the burgeoning aviation industry and therefore the expanding aerospace cold forgings market, it is necessary to demonstrate the air travel pattern observed across the globe. Air travel has growth exponentially in the Asia Pacific region which would present the aerospace cold forgings industry with unprecedented opportunities and challenges. A staggering 3.8 billion air travelers had been reported by Air Transport Association (IATA) to have travelled in 2016 and this number has been predicted to reach 7.2 billion passengers by 2035 with most of the boost coming from Asia Pacific. China is set to overtake the U.S. as the largest aviation market in the world by 2024 while India will displace the U.K. at the third place near 2025.

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With new areas of business opportunity opening up rapidly, the aerospace cold forgings market is anticipated to grow exponentially and will continue an upward trend over the coming years. As a matter of fact, the overall aerospace cold forgings industry is anticipated to surpass USD 5.5 million by 2025.

List of Charts & Figures from Aerospace Cold Forgings Market Report:

FIG 1    Industry segmentation

FIG 2    Industry landscape, 2013 – 2025 (Kilo tons) (USD Thousand)

FIG 3    Industry ecosystem analysis

FIG 4    Growth potential analysis

FIG 5    Porter’s analysis

FIG 6    PESTEL analysis

FIG 7    Global market share by application, 2018 & 2025

FIG 8    Global market share by platform, 2018 & 2025

FIG 9    Global aerospace cold forgings market share by region, 2018 & 2025

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Aircraft Communication System Market Share Worldwide Industry Growth, Trends, Opportunities and Forecasts Up to 2025

SATCOM, one of the pivotal products in aircraft communication system market, has proved itself to be rather crucial in air traffic management. Its increased deployment in military aircrafts is likely to upscale its demand, thereby stimulating aircraft communication system industry from SATCOM.

The commendable expansion of the aviation space can be aptly credited for the significant proceeds that aircraft communication system market has been accumulating in the recent years. According to a study conducted by IATA, the average global citizen now undertakes air travel once every 21 months – a significant increase from the 43-month duration in 2000. Not to mention, military expenditure has also observed a rise lately, with governments setting aside a major portion of the national budget for the defense sector.

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Driven by surging military spending and the rising number of defense aircraft, aircraft communication system market will inevitably propel over the coming years. In order to remain aligned with the exponential demands of the current consumer base, innovative products are also being introduced in aircraft communication system industry.

With air travel becoming more affordable, a new generation of jetsetters have come into being, leading to increased air traffic. In consequence, pilots are under tremendous greater pressure to navigate in the congested air space. As the demand for real-time satellite access and air traffic data to undertake rapid decisions increases, aircraft communication system market is likely to receive commendable momentum. For instance, the EU has adopted the SANDRA project that integrates different plane communication systems in a single system. This unit facilitates faster data connectivity and replaces banks of radio hardware with state-of-the-art software systems. Thus, data like weather conditions and air traffic situation that used to be verbally communicated earlier, can now be accessed by pilots in real time through flight computers.

One of chief drivers for the aircraft communication system market is the exponential growth of the commercial aircraft industry. Considering an instance of Airbus, one of the pioneers of the aerospace industry, the firm has set its goal of tripling its revenues within the next seven years to enable its commercial aircraft business reach $10 billion. It also plans to target measures worth $555 million in 2018 to improve productivity. Furthermore, in the year 2018, Airbus commercial aircraft deliveries rose to 800 – an 11% surge compared to 2017.

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With cutting edge innovations being brought forth rapidly in aircraft communication system market, it is rather overt that this business space would thrive commendably in the ensuing years. NASA has recently developed The Aircraft Access to System Wide Information Management that is capable of replacing the underground cables airport communication system with wireless communication. This is one of the instances of high-grade technological advancements prevalent in aircraft communication system industry. As per reliable estimates, aircraft communication system industry is anticipated to cross USD 2.9 billion by 2025.

Some Points From Table Of Content: –

Chapter 4 Aircraft Communication System Market, By Product

4.1 Global aircraft communication systems industry share by product, 2018 & 2025

4.2 SATCOM

4.2.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.2.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.3 HF

4.3.1 Market estimates and forecast, 2013 – 2025, (Units) (USD Million)

4.3.2 Market estimates and forecast, by region, 2013 – 2025, (Units) (USD Million)

4.4 VHF

4.5 UHF

4.6 Data Link Communication

Chapter 5 Aircraft Communication System Market, By Component

5.1 Global aircraft communication systems industry share by component, 2018 & 2025

5.2 Antenna

5.3 Transponder

5.3.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.3.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.4 Receiver

5.4.1 Market estimates and forecast, 2013 – 2025, (USD Million)

5.4.2 Market estimates and forecast, by region, 2013 – 2025, (USD Million)

5.5 Transmitter

5.6 Transceiver

5.7 Display & Processor

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AI in Education Market Analysis by Model, Deployment, Technology, Application and End Use Analysis to 2024

The AI in education market is dominated by North America, with over 60% share globally. The regional growth is fueled by the early adoption of AI technology in education and immensely developed infrastructure. Added to this, the presence of IT giants such as Google, Microsoft, AWS, IBM, Pearson and others has laid a strong foundation for the AI in education market expansion.

The global AI in education market has ascended as one of the primary AI application verticals owing to the limitless potential in innovations and ability to accelerate the learning process. Growing reputation of AI applications has created a platform for facilitating the knowledge acquisition and decision-making systems that support the educational institutions in effecting student development. Continuous improvements in technology and the increasing availability of advanced infrastructure has further propelled the artificial intelligence (AI) in education market.

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The incredible progress of AI in education market can be emphasized by China’s recently implemented plans to achieve global leadership in AI research and development, including AI application in schools. A report revealed that a high school in Eastern China has installed a facial recognition system for real-time analysis of student engagement, by registering their behavior and facial expressions. Termed as the intelligent classroom behavior management system, its cameras are placed in front of the classrooms above the blackboard and scans the class every 30 seconds. The system can detect various kinds of moods and behavioral pattern of the students.

To elaborate further, this innovative AI system is reportedly assisting to track student attendance and refining teaching methods. It is expected to help in maximizing student engagement by making the students conscious of the system. The experiment with the intelligent classroom behavior management system comes on the heels of other AI applications implemented in schools across China, such as using the technology for grading papers and argumentative essays.

Evidently, the artificial intelligence (AI) in education market is exceedingly delivering positive outcomes while bridging the gaps between learning and teaching. E-learning platforms infused with virtual and augmented reality technologies have contributed heavily to the market growth. The learning platform and virtual facilitators application held 55% of the total revenue in 2017. These applications have provided effective support to learning and knowledge transfer outside the classrooms, across all grades and socio-economic levels, minimizing the dependency of students on parents and teachers who can only be available for limited periods of time.

The AI in education market is characterized by a massive demand for virtual classrooms and tutors, owing to their cost-effectiveness and efficient delivery methods. Educational establishments are collaborating with EdTech (educational technology) companies to develop degree programs on virtual platforms and also a multitude of open courses to encouraging free education.

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The advent of AI in education has initiated a change in the dynamics of teaching and will transform the way students learn and acquire skills. Worldwide, the market positions of multinational companies and growing venture capital investments in start-ups has turned the AI in education market into an extremely competitive landscape, with expected CAGR of more than 45% over 2018-2024.

Some Points From Table Of Content: –

Chapter 5. AI in Education Market, By Model

5.1. Key trends, by model

5.2. Learner model

5.2.1. Market estimates and forecast, 2013 – 2024

5.2.2. Market estimates and forecast, by region, 2013 – 2024

5.3. Pedagogical model

5.3.1. Market estimates and forecast, 2013 – 2024

5.3.2. Market estimates and forecast, by region, 2013 – 2024

5.4. Domain model

5.4.1. Market estimates and forecast, 2013 – 2024

5.4.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 6. AI in Education Market, By Deployment

6.1. Key trends, by deployment

6.2. On-premise

6.2.1. Market estimates and forecast, 2013 – 2024

6.2.2. Market estimates and forecast, by region, 2013 – 2024

6.3. Cloud

6.3.1. Market estimates and forecast, 2013 – 2024

6.3.2. Market estimates and forecast, by region, 2013 – 2024

Chapter 7. AI in Education Market, By Technology

7.1. Key trends, by technology

7.2. Machine learning

7.2.1. Market estimates and forecast, 2013 – 2024

7.2.2. Market estimates and forecast, by region, 2013 – 2024

7.3. Natural language processing (NLP)

7.3.1. Market estimates and forecast, 2013 – 2024

7.3.2. Market estimates and forecast, by region, 2013 – 2024

7.4. Deep learning

7.4.1. Market estimates and forecast, 2013 – 2024

7.4.2. Market estimates and forecast, by region, 2013 – 2024

7.5. Others

7.5.1. Market estimates and forecast, 2013 – 2024

7.5.2. Market estimates and forecast, by region, 2013 – 2024

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