Advanced Composites Market to Witness Robust Expansion by 2028 [news]
February 8,2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Advanced Composites Market.
Advanced Composites Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Advanced composites market is likely to witness an impressive CAGR of 10.6% during the forecast period.
Drivers
• The prime factor that is contributing to the growth of the advanced composites market is mainly the surging demand for composites from the rapidly expanding aerospace & defense and automotive industries,
• Increasing usage of lightweight materials in sports, consumer electronics, and vehicles.
• Properties such as, high strength and reduced weight offered by advanced composites are the major factors behind the increasing penetration of advanced composites in the aerospace & defense, marine, sporting goods, transportation, and wind energy industries.
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Segments' Analysis
By Fiber Type
Based on the fiber type, the market is segmented as carbon fiber, aramid fiber, s-glass fiber, and others. The carbon fiber segment held the largest share of the market in 2019, and is expected to register the fastest growth during the forecast period. The growth of the segment is mainly driven by its excellent benefits such as high tensile strength, high stiffness, low weight, high chemical resistance, high temperature tolerance and low thermal expansion.
By End-Use Industry Type
Based on the end-use industry type, the advanced composites market is segmented as transportation, aerospace & defense, wind energy, sporting goods, electrical & electronics, civil engineering, pipes & tanks, medical, marine, and others. The aerospace & defense segment dominates the market, owing to the increasing demand for advanced composites for a wide array of aerospace applications such as air wings, rudders, and landing gears for developing lightweight and fuel-efficient aircraft.
By Region
In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the growing consumption of advanced composites in various applications such as aerospace & defense, wind energy, and transportation. The growth of the USA’s advanced composites market is attributed to the establishment of a number of new carbon fiber production plants in the country and increased investments by various Europe-based companies dealing in the aerospace & defense, wind energy, and transportation industries.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Advanced Composites Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Advanced Composites Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Advanced composites market is likely to witness an impressive CAGR of 10.6% during the forecast period.
Drivers
• The prime factor that is contributing to the growth of the advanced composites market is mainly the surging demand for composites from the rapidly expanding aerospace & defense and automotive industries,
• Increasing usage of lightweight materials in sports, consumer electronics, and vehicles.
• Properties such as, high strength and reduced weight offered by advanced composites are the major factors behind the increasing penetration of advanced composites in the aerospace & defense, marine, sporting goods, transportation, and wind energy industries.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/836/advanced-composites-market.html#form
Segments' Analysis
By Fiber Type
Based on the fiber type, the market is segmented as carbon fiber, aramid fiber, s-glass fiber, and others. The carbon fiber segment held the largest share of the market in 2019, and is expected to register the fastest growth during the forecast period. The growth of the segment is mainly driven by its excellent benefits such as high tensile strength, high stiffness, low weight, high chemical resistance, high temperature tolerance and low thermal expansion.
By End-Use Industry Type
Based on the end-use industry type, the advanced composites market is segmented as transportation, aerospace & defense, wind energy, sporting goods, electrical & electronics, civil engineering, pipes & tanks, medical, marine, and others. The aerospace & defense segment dominates the market, owing to the increasing demand for advanced composites for a wide array of aerospace applications such as air wings, rudders, and landing gears for developing lightweight and fuel-efficient aircraft.
By Region
In terms of regions, North America is estimated to be the largest market during the forecast period, with the USA, Canada, and Mexico being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the growing consumption of advanced composites in various applications such as aerospace & defense, wind energy, and transportation. The growth of the USA’s advanced composites market is attributed to the establishment of a number of new carbon fiber production plants in the country and increased investments by various Europe-based companies dealing in the aerospace & defense, wind energy, and transportation industries.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Advanced Composites Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Automotive Turbocharger Market Size, Share, Growth, Forecast, & Competitive Analysis - (2022-2028) [news]
February 8,2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Automotive Turbocharger Market.
Automotive Turbocharger Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Automotive turbocharger market was estimated at USD 12 Billion in 2021 and is likely to grow at a CAGR of 10.44% from 2022-2028 to reach USD 24.28 Billion in 2028.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/138/turbocharger-market.html#form
Segment Analysis
By Vehicle Type
The market is segmented as On-Highway Vehicles: Passenger Car, Light Duty Vehicle, Medium & Heavy Duty Vehicle, and Off-Highway Vehicles: Tractor and Construction Equipment. Passenger Car dominated the overall market with share of more than 58% in 2021.
By Fuel Type
The market is segmented as gasoline and diesel. Gasoline fuel type segment share more than over 49.5% in 2021 and is likely to expand at a CAGR nearly 8.5% over the forecast period.
By Technology Type
This market is segmented as VGT/VNT, Wastegate, and Twin Turbo. VGT / VNT is more efficient than traditional wastegate turbochargers and will continue to gain market share during the forecast period. VGT / VNT is well suited both for diesel as well as gasoline powered engines.
Regional Insights
Asia-Pacific is likely to remain the largest market share of 11% CAGR for automotive turbochargers in the next five years, driven by demand in emerging economies, such as China and India. European market is likely to witness a market share of around 51.11% in 2021. This region owns the world’s largest turbo diesel fleet and the highest turbocharger installation rates worldwide.
• China is the world’s fastest growing automotive market and is projected to increase the turbocharger installation rates in its new vehicles from current 25% to 47% in the year 2028. This will lead to almost twofold increase in the demand of turbochargers in China in a span of five years.
• North America is another growing market for turbochargers, driven by the demand for light weighting and engine downsizing in new vehicles to meet the CAFÉ standards.
• Most of the major turbocharger manufacturers have already set up their manufacturing plants in China to tap the regional growth potential. India, Japan, and South Korea have also joined the row and are projected to increase installation rates of turbochargers in the new vehicles. Apart from China, significant demand of turbochargers is expected to be generated from these countries in the next five years.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Automotive Turbocharger Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Automotive Turbocharger Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Automotive turbocharger market was estimated at USD 12 Billion in 2021 and is likely to grow at a CAGR of 10.44% from 2022-2028 to reach USD 24.28 Billion in 2028.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/138/turbocharger-market.html#form
Segment Analysis
By Vehicle Type
The market is segmented as On-Highway Vehicles: Passenger Car, Light Duty Vehicle, Medium & Heavy Duty Vehicle, and Off-Highway Vehicles: Tractor and Construction Equipment. Passenger Car dominated the overall market with share of more than 58% in 2021.
By Fuel Type
The market is segmented as gasoline and diesel. Gasoline fuel type segment share more than over 49.5% in 2021 and is likely to expand at a CAGR nearly 8.5% over the forecast period.
By Technology Type
This market is segmented as VGT/VNT, Wastegate, and Twin Turbo. VGT / VNT is more efficient than traditional wastegate turbochargers and will continue to gain market share during the forecast period. VGT / VNT is well suited both for diesel as well as gasoline powered engines.
Regional Insights
Asia-Pacific is likely to remain the largest market share of 11% CAGR for automotive turbochargers in the next five years, driven by demand in emerging economies, such as China and India. European market is likely to witness a market share of around 51.11% in 2021. This region owns the world’s largest turbo diesel fleet and the highest turbocharger installation rates worldwide.
• China is the world’s fastest growing automotive market and is projected to increase the turbocharger installation rates in its new vehicles from current 25% to 47% in the year 2028. This will lead to almost twofold increase in the demand of turbochargers in China in a span of five years.
• North America is another growing market for turbochargers, driven by the demand for light weighting and engine downsizing in new vehicles to meet the CAFÉ standards.
• Most of the major turbocharger manufacturers have already set up their manufacturing plants in China to tap the regional growth potential. India, Japan, and South Korea have also joined the row and are projected to increase installation rates of turbochargers in the new vehicles. Apart from China, significant demand of turbochargers is expected to be generated from these countries in the next five years.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Automotive Turbocharger Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Global Glaucoma Treatment Market to Witness Mounting Growth in Approaching Time [news]
February 8, 2023/Industry News Global/ -- This new report from Stratview Research analyses the Global Glaucoma Treatment Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2026. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.
Global Glaucoma Treatment Market Overview:
The Global Glaucoma Treatment Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 7.4% during the forecast period.
Segment Analysis
Drug Class Trends
Based on drug class, the global glaucoma treatment market has been categorized into prostaglandin analogs, beta-blockers, alpha agonists, carbonic anhydrase inhibitors, others.
• Among these, the prostaglandin analogs segment garnered the highest market share in 2020 and is likely to register a healthy CAGR during the review period.
• This is mainly attributed to the growing number of geriatric patients with glaucoma and prostaglandin analogs are administered as an eye drop, thus ease of using the drug is likely to augment the growth of prostaglandin analogs.
Regional Trends
By region, the North American market witnessed the highest market share in 2020 and is projected to grow at a robust CAGR during the review period.
• This can be attributed to rising healthcare expenditure, the presence of major healthcare companies, and the increasing senior population, promulgate the product region in the region.
• Moreover, growing cases of glaucoma in the region coupled with better healthcare infrastructure further boost the regional growth.
COVID-19 Impact on Global Glaucoma Treatment Market
The ongoing COVID-19 pandemic has significantly affected the glaucoma treatment industry due to the shift of medical treatment from glaucoma and other health condition towards the treatment of coronavirus-affected patients. Many government healthcare facilities have recognized glaucoma as an elective. Thus, all the surgeries associated with this condition were postponed or canceled across the globe due to the outbreak of the COVID-19 pandemic.
Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/1711/glaucoma-treatment-market.html#for
Regional analysis:
Regional Trends
By region, the North American market witnessed the highest market share in 2020 and is projected to grow at a robust CAGR during the review period.
• This can be attributed to rising healthcare expenditure, the presence of major healthcare companies, and the increasing senior population, promulgating the product region in the region.
• Moreover, growing cases of glaucoma in the region coupled with better healthcare infrastructure further boost regional growth.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Global Glaucoma Treatment Market Overview:
The Global Glaucoma Treatment Market is projected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 7.4% during the forecast period.
Segment Analysis
Drug Class Trends
Based on drug class, the global glaucoma treatment market has been categorized into prostaglandin analogs, beta-blockers, alpha agonists, carbonic anhydrase inhibitors, others.
• Among these, the prostaglandin analogs segment garnered the highest market share in 2020 and is likely to register a healthy CAGR during the review period.
• This is mainly attributed to the growing number of geriatric patients with glaucoma and prostaglandin analogs are administered as an eye drop, thus ease of using the drug is likely to augment the growth of prostaglandin analogs.
Regional Trends
By region, the North American market witnessed the highest market share in 2020 and is projected to grow at a robust CAGR during the review period.
• This can be attributed to rising healthcare expenditure, the presence of major healthcare companies, and the increasing senior population, promulgate the product region in the region.
• Moreover, growing cases of glaucoma in the region coupled with better healthcare infrastructure further boost the regional growth.
COVID-19 Impact on Global Glaucoma Treatment Market
The ongoing COVID-19 pandemic has significantly affected the glaucoma treatment industry due to the shift of medical treatment from glaucoma and other health condition towards the treatment of coronavirus-affected patients. Many government healthcare facilities have recognized glaucoma as an elective. Thus, all the surgeries associated with this condition were postponed or canceled across the globe due to the outbreak of the COVID-19 pandemic.
Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/1711/glaucoma-treatment-market.html#for
Regional analysis:
Regional Trends
By region, the North American market witnessed the highest market share in 2020 and is projected to grow at a robust CAGR during the review period.
• This can be attributed to rising healthcare expenditure, the presence of major healthcare companies, and the increasing senior population, promulgating the product region in the region.
• Moreover, growing cases of glaucoma in the region coupled with better healthcare infrastructure further boost regional growth.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
