Robotic Welding Market – Industry Analysis, Size, Share, Growth, Key Trends and Forecast To 2023
The robotic welding market is expected to grow at a CAGR of 8.91%, from 2018 to 2023, to reach a market size of USD 5.96 billion by 2023. Increasing implementation of Industry 4.0 revolution and rising need for scalability in manufacturing units in developing economies to meet the growing demand for various products would contribute to the growth of the robotic welding market.
The robotic welding...
Power-to-gas Market Analysis, Business Revenue Forecast, Size, Leading Competitors and Growth Trends 2024
The power-to-gas market is expected to grow at a CAGR of 10.1% from 2019 to 2024, to reach a market size of USD 42 million by 2024. Effective utilization of renewable energy resources and integrated management of power and gas network are the primary drivers of the power-to-gas market.
Key Market Players
The major players in the power-to-gas market are Hydrogenics (Canada), ITM Power (UK),...
Growth Opportunities in the Feed Acidifiers Market
The feed acidifiers market is estimated to grow from USD 2.7 billion in 2018 to USD 3.5 billion by 2023, at a CAGR of 5.1% during the forecast period. The major factors driving the feed acidifiers market include the rising consumption of livestock by-products, high threat of diseases in livestock, growing government aids or funds promoting the wellness of the feed industry, and ban of antibiotics...
Medical Alert Systems Market – It’s Opportunities & Challenges
The
medical alert systems market is estimated to be worth USD 6.5 billion in 2020
and is projected to reach USD 9.6 billion by 2025, at a CAGR of 7.9% from 2020
to 2025.
The
global medical
alert systems market exhibits a lucrative growth potential for the
next several years. The major factors driving the growth of the medical alert
systems market are rising elderly population, inclination of senior...
Global Drilling Tools Market Industry Analysis, Size, Share, Growth, Key Trends and Forecast To 2022
The drilling tools market is expected to grow at a CAGR of 4.75%, from 2017 to 2022, to reach a market size of USD 8.61 billion by 2022. Increase in drilling activities and development of unconventional hydrocarbon resources along with rising energy demand from Asia Pacific would contribute to the growth of the drilling tools market.
Market Ecosystem:
Drilling tools market is dominated by players...
Lead Acid Battery Market Future Trends 2019 – By EnerSys, Exide Industries, GS Yuasa, Clarios, Panasonic, Chaowei Power, Narada Power
The global lead acid battery market is projected to reach USD 52.5 billion by 2024 from an estimated USD 41.6 billion in 2019, at a CAGR of 4.7% during the forecast period. This growth can be attributed to factors such as the rapid expansion of data center infrastructure, and increase in the 2022 renewable energy generation target leading to a growing requirement of integration of energy into the...
Asia-Pacific to be the Fastest-Growing Regional Market for Feed Preservatives
The feed preservatives market is projected to reach USD 3.57 billion by 2022, at a CAGR of 9.2% from 2016 to 2022. With the growing awareness about customized formulations and feed management practices to reduce production costs and improve livestock health, the meat processors and livestock farmers have been investing in nutrient-rich and high quality feed products. With the development of regulatory...
Promising Future for Food Stabilizers (Blends & Systems) Market Predicted in the Coming Years
The food stabilizers (blends & systems) market is estimated at USD 2.3 billion in 2018, and projected to grow at a CAGR of 4.0%, to reach USD 2.8 billion by 2023. The growth of the food stabilizers (blends & systems) market is driven by the rising demand for healthier and natural food ingredients from the food industry. The key drivers for the market’s growth are the increase in consumption...
Growing Consumer Demand For Customized Products And Naturally Sourced Ingredients To Widen The Growth Prospects For Manufacturers In The Global Food Stabilizers Market
Stabilizers are substances that help in maintaining the physico-chemical state of a foodstuff. They include substances that enable the maintenance of a homogenous dispersion of two or more immiscible substances in foodstuff and substances, which stabilize, retain, or intensify an existing color of a foodstuff. The broad classification of stabilizers cover substances that increase the binding capacity...
Asia-Pacific: Important Market for Lecithin & Phospholipids Market
The global lecithin market was valued at USD 1.15 billion in 2018 and is projected to reach USD 1.59 billion by 2023, at a CAGR of 6.7% during the forecast period. Lecithin is a multipurpose ingredient that is primarily used as an emulsifier, releasing agent, and instantizing agent. Owing to its multifunctionality, the demand for lecithin is projected to be on the rise, owing to factors such as the...