3D Bioprinting Market Forecast and Opportunity Assessment till 2026 [news]
February 22nd,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 3D Bioprinting Market.
3D Bioprinting 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.
Market Insights
The 3D Bioprinting Market is estimated to grow from USD 1.4 billion in 2020 to USD 3.8 billion by 2026 at a healthy CAGR of 18.2% during the forecast period.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/2070/3D-Bioprinting-Market.html#form
Market Dynamics
The limited number of organ donors and an increasingly senior population with chronic respiratory diseases are expected to boost the demand for 3D bioprinting.
Some other factors augmenting the market growth are-
• Increasing R&D investment
• Growing incidence of chronic diseases
• Rising technological advancement
Moreover, a surge in public and private funding to support bioprinting research activities further offer immense growth opportunities to the industry players in the coming years.
Regional Trends
By region, the North American market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly attributed to a growing demand for 3D bioprinting as this technology has been reconnoitered for drug testing and organ transplantation. Also, the highly advanced health care industry, presence of major market players, robust research & development infrastructure, growing awareness of 3D Bioprinting, and technological developments in the region, further proliferate the regional market growth.
COVID-19 Impact on 3D Bioprinting Market
The COVID-19 outbreak has positively influenced the 3D bioprinting industry. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly. The pandemic resulted in increasing coronavirus patients across the globe, putting a strain on the healthcare sector with limited hospital staff. Hence, as a reaction to the increasing cases of coronavirus, several 3D bioprinting companies are responding to the crises by offering their respective skills to ease the burden on the supply chain and governments. Due to the ever-increasing COVID-19 cases, the demand for 3D bioprinters is surging and the market for 3D bioprinting.
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 3D Bioprinting 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
3D Bioprinting 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.
Market Insights
The 3D Bioprinting Market is estimated to grow from USD 1.4 billion in 2020 to USD 3.8 billion by 2026 at a healthy CAGR of 18.2% during the forecast period.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/2070/3D-Bioprinting-Market.html#form
Market Dynamics
The limited number of organ donors and an increasingly senior population with chronic respiratory diseases are expected to boost the demand for 3D bioprinting.
Some other factors augmenting the market growth are-
• Increasing R&D investment
• Growing incidence of chronic diseases
• Rising technological advancement
Moreover, a surge in public and private funding to support bioprinting research activities further offer immense growth opportunities to the industry players in the coming years.
Regional Trends
By region, the North American market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly attributed to a growing demand for 3D bioprinting as this technology has been reconnoitered for drug testing and organ transplantation. Also, the highly advanced health care industry, presence of major market players, robust research & development infrastructure, growing awareness of 3D Bioprinting, and technological developments in the region, further proliferate the regional market growth.
COVID-19 Impact on 3D Bioprinting Market
The COVID-19 outbreak has positively influenced the 3D bioprinting industry. The pandemic has turned the lives of people worldwide, with the number of cases increasing rapidly. The pandemic resulted in increasing coronavirus patients across the globe, putting a strain on the healthcare sector with limited hospital staff. Hence, as a reaction to the increasing cases of coronavirus, several 3D bioprinting companies are responding to the crises by offering their respective skills to ease the burden on the supply chain and governments. Due to the ever-increasing COVID-19 cases, the demand for 3D bioprinters is surging and the market for 3D bioprinting.
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 3D Bioprinting 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
Radome Market to Record Significant Revenue Growth During the Forecast Period 2020-2025 [news]
Stratview Research has published a new report titled “Radome Market” which is segmented by Application Type (Ground-Based Radome [Telecom Tower, Air Traffic Control, Air Defense Radome, and Ground Vehicles], Airborne Radome [Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, and UAV], and Shipboard Radome [Commercial Ships and Military Ships]), by Offering Type (Radome Body [Nose Radome, SATCOM Radome, and Others] [Glass Fiber Radome, Quartz Fiber Radome, and Others], Accessories, and Services), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, it is extrapolated that the radome market continues to blossom at a healthy pace and will reach an estimated value of US$ 1.6 billion by 2025.
A radome is one of the pith systems of an aircraft as it is designed to protect the antenna system from harsh environments, preserve the aerodynamics of the vehicle, provide lightning strike protection, and maintain stealthy attributes. Composites have been the perennial choice of materials over the eons as these materials are transparent and interfere with the sign industry’s market dynamics.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Offering Type
The market is segmented into radome body, accessories, and services. The Radome body is further bifurcated based on the material type glass fiber radome, quartz fiber radome, and other radomes; structure type as solid laminate, sandwich construction, and others; and as radome type as nose radome, SATCOM radome, and others.
Radome body is likely to maintain its unassailable dominance in years to come, whereas services are likely to witness the highest growth.
By Application Type
The market is segmented as ground-based radome, airborne radome, and shipboard radome. The ground-based radome market is further segmented into telecom towers, air traffic control (ATC), air defense radome, and ground vehicles. Similarly, the airborne radome market is segmented into commercial aircraft, regional aircraft, general aviation, military aircraft, helicopter, and UAVs, and the shipborne radome market into commercial ships and military ships.
The airborne radome is likely to remain the most dominant as well as the fastest-growing segment of the market in the coming five years. In airborne radome, commercial aircraft is anticipated to remain the growth engine in the foreseen future. UAV, a relatively small segment, is expected to generate impressive growth opportunities for market participants in the coming years, mainly governed by the USA.
Which Region is expected to remain the largest market?
North America is projected to remain the largest market during the forecast period. The USA is the growth engine of the North American radome market. The country is the hub for the aerospace industry with the presence of several aircraft OEMs, tier players, radome manufacturers, and raw material suppliers.
Most of the major radome manufacturers have their presence in the region to address the emergent needs of the OEMs to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.
Asia-Pacific is likely to depict the highest growth during the forecast period. The region is likely to remain the most eye-catching market in the foreseeable future, mainly driven by the opening of assembly plants of Boeing and Airbus in China for the B737, A320, and A330 aircraft programs.
Upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ); rising aircraft fleet size; and increasing military spending by countries such as China and India further assure the region’s attractiveness in the long haul.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the Radome Market:
• General Dynamics Mission Systems Inc.
• Saint-Gobain Performance Plastics
• Meggitt Plc
• Airbus SE
• L3 Essco
• Cobham plc
• FACC AG
• CPI International Holding
• Jenoptik AG
• Kaman Corporation
• Aviation Industry Corporation of China
• Northrop Grumman Corporation
• Nordam LLC
• Royal DSM.
Key questions answered by the report.
• What is the projected CAGR for revenue from the Radome Market during the forecast period?
• What would the market be valued at by 2025?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Radome Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
As per the study, it is extrapolated that the radome market continues to blossom at a healthy pace and will reach an estimated value of US$ 1.6 billion by 2025.
A radome is one of the pith systems of an aircraft as it is designed to protect the antenna system from harsh environments, preserve the aerodynamics of the vehicle, provide lightning strike protection, and maintain stealthy attributes. Composites have been the perennial choice of materials over the eons as these materials are transparent and interfere with the sign industry’s market dynamics.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Offering Type
The market is segmented into radome body, accessories, and services. The Radome body is further bifurcated based on the material type glass fiber radome, quartz fiber radome, and other radomes; structure type as solid laminate, sandwich construction, and others; and as radome type as nose radome, SATCOM radome, and others.
Radome body is likely to maintain its unassailable dominance in years to come, whereas services are likely to witness the highest growth.
By Application Type
The market is segmented as ground-based radome, airborne radome, and shipboard radome. The ground-based radome market is further segmented into telecom towers, air traffic control (ATC), air defense radome, and ground vehicles. Similarly, the airborne radome market is segmented into commercial aircraft, regional aircraft, general aviation, military aircraft, helicopter, and UAVs, and the shipborne radome market into commercial ships and military ships.
The airborne radome is likely to remain the most dominant as well as the fastest-growing segment of the market in the coming five years. In airborne radome, commercial aircraft is anticipated to remain the growth engine in the foreseen future. UAV, a relatively small segment, is expected to generate impressive growth opportunities for market participants in the coming years, mainly governed by the USA.
Which Region is expected to remain the largest market?
North America is projected to remain the largest market during the forecast period. The USA is the growth engine of the North American radome market. The country is the hub for the aerospace industry with the presence of several aircraft OEMs, tier players, radome manufacturers, and raw material suppliers.
Most of the major radome manufacturers have their presence in the region to address the emergent needs of the OEMs to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.
Asia-Pacific is likely to depict the highest growth during the forecast period. The region is likely to remain the most eye-catching market in the foreseeable future, mainly driven by the opening of assembly plants of Boeing and Airbus in China for the B737, A320, and A330 aircraft programs.
Upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ); rising aircraft fleet size; and increasing military spending by countries such as China and India further assure the region’s attractiveness in the long haul.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the Radome Market:
• General Dynamics Mission Systems Inc.
• Saint-Gobain Performance Plastics
• Meggitt Plc
• Airbus SE
• L3 Essco
• Cobham plc
• FACC AG
• CPI International Holding
• Jenoptik AG
• Kaman Corporation
• Aviation Industry Corporation of China
• Northrop Grumman Corporation
• Nordam LLC
• Royal DSM.
Key questions answered by the report.
• What is the projected CAGR for revenue from the Radome Market during the forecast period?
• What would the market be valued at by 2025?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Radome Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
