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Blockedge Technologies Inc. launches its ‘Plug & Play’ Blockchain-as-a-Service (BaaS) Platform for Automotive and Supply Chain Markets

October 22, 2021 Published by TheBlockchainExaminer.com

Blockedge Technologies Inc., a subsidiary of SecureKloud Technologies Ltd. announced the launch of its Blockchain Network Management Platform.

IDC is expecting enterprise blockchain spending to reach $6.6B this year, but the adoption has its own share of challenges. Identifying and agreeing on the correct use case, ability to build and deploy scalable networks, integration with existing IT systems, and high-availability network maintenance are some of the blockchain adoption challenges faced by the industry leaders.

Blockedge provides a simplified plug-and-play BaaS platform that stands in contrast with built-from-scratch manual solutions. The Blockedge platform entails zero-coding, facilitates the generation of iterative dApps, provides multi-cloud and multi-chain support. Powered by its UI-driven Blockedge Network Manager, the platform enables advanced automation and is set to accelerate business transformation for companies and consortiums alike.

Speaking at the launch, Mr. Kumara Guru, Chief Growth Officer at Blockedge, said, “Blockchain technology, with its inherent security, trust, and transparency capabilities, enables companies to collaborate and solve shared challenges. But successful adoption depends on careful implementation. And Blockedge is well-positioned at the vanguard – assisting companies to adopt trust and accountability by design. The technology will evolve tremendously in the next couple of years, and Blockedge is fully geared to play a critical role in addressing the challenges that enterprises face.”

According to MarketsandMarkets analysis, the global automotive blockchain market is projected to grow from $350M in 2020 to $5.29B by 2030 at a CAGR of 31.19%, and the global manufacturing & supply chain market is expected to grow from $253M in 2020 to $3.2B in 2026 at an impressive CAGR of 53.2%.

Raghav Rao, Head of Presales at Blockedge, added, “We are known for simplifying and delivering cloud adoption, and blockchain is a natural progression for us. Our platform — Blockedge — is purpose-built to ensure seamless blockchain adoption with zero-coding efforts. With our vast cloud expertise, we are the one-stop-shop to explore and deploy multi-cloud and multi-chain networks, and excited to launch the platform for our customers, to abridge the trust gap over business transactions.”

Automotive Filters Market worth $23.1 billion by 2026 – Exclusive Report by MarketsandMarkets™

October 1, 2021 Published by Roboticulized.com

According to the new market research report “Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket – Global Forecast to 2026″, published by MarketsandMarkets, the Automotive Filters Market is estimated to grow from USD 19.5 billion in 2021 to USD 23.1 billion by 2026, at a CAGR of 3.4% during the forecast period.

The increasing stringency of vehicle emission and fuel economy regulations are expected to drive the growth of the Automotive Filters Market. Additionally, the increasing vehicle production globally, particularly, countries such as China, India, etc. is expected to drive the demand for automotive filters.

Browse in-depth TOC on “Automotive Filters Market”

336 – Tables
52 – Figures
285 – Pages

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“Particle to be the largest segment, by material type”

Particle is estimated to be the largest segment in the Automotive Filters Market. Particle cabin filters are very cost-effective compared to activated carbon and electrostatic cabin filters and offer above-average performance. Their low cost is one of the key factors for the growth of these filters, especially in price-sensitive countries such as India and China. Particle filters have a filter barrier made of a fully synthetic non-woven fabric. Synthetic fibers are not hygroscopic and, hence, water does not cause the cabin filters to deform. Such advantages are expected to result in steady growth for particle filters market soon.

“Passenger Car to be the fastest growing market for Automotive Filters Market, by vehicle type”

Passenger vehicles account for the largest share of environmental pollution caused by vehicles. Therefore, governments in several countries have implemented stringent pollution control norms for passenger vehicles. For instance, strict vehicular emission transition norms in India, such as BS 6, will ensure better treatment and filtration of exhaust gases. This will require the installation of more efficient filters, subsequently driving the market growth for filters in the passenger car segment.

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“North America is estimated to be the largest market for automotive filters aftermarket”

The North American automotive industry is one of the fastest-growing industries in the world and is dominated by domestic OEMs, such as Ford and General Motors, along with established European and Japanese OEMs. The US is home to leading aftermarket suppliers, such as Donaldson, ACDelco, and K&N Engineering, for automotive filters in the world. Hence, it can be inferred that the US is a matured aftermarket for automotive filters. The lack of adequate public transport and the wide geographical area of the country have compelled people to travel in their own vehicles. The average miles driven in the US is, therefore, higher as compared to other countries.

Mexico does not have stringent emission and fuel economy regulations like the US or Canada. However, there is a plan to harmonize the regulations with that of the US. This would generate demand for advanced filters like air and fuel filters in the aftermarket that will be compatible with the new emission regulations. Canada has signed a free trade agreement with the US and Mexico. This has strengthened the country’s automotive industry and increased sales, thereby stimulating the demand for automotive filters in the aftermarket. Thus, the North American automotive filters are expected to witness a significant growth in the coming years.

The Automotive Filters Market is dominated by global players and comprises several regional players. The key players in the Automotive Filters Market are MANN+HUMMEL (Germany), MAHLE (Germany), Donaldson (US), Sogefi (Italy), and Robert Bosch (Germany).

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Organic Pigments Market worth $6.7 billion by 2026 – Exclusive Report by MarketsandMarkets™

August 30, 2021 Published by Roboticulized.com

According to the new market research report “Organic Pigments Market by Source (Synthetic and Natural), Type (Azo, Phthalocyanine, HPPs), Application (Printing inks, Paints & Coatings, Plastics), and Region (North America, Europe, APAC, MEA, and South America) – Global Forecast to 2026“, published by MarketsandMarkets, the Organic Pigments Market is projected to grow from USD 5.5 billion in 2021 to USD 6.7 billion by 2026. The printing inks segment accounted for a share of 36.4% in terms of value in the organic pigments market in 2021 and is projected to reach USD 2.4 billion by 2026 at a CAGR of 3.9%. The paints & coating sector is projected to witness the highest CAGR of 4.5%, growing from USD 1.7 billion in 2021 to USD 2.4 billion by 2026.

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244 – Tables
53 – Figures
205 – Pages

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Synthetic based organic pigments comprises a major share of the organic pigments market in terms of value.

Synthetic organic pigments dominate the market in terms of value, with a share of 93.6% in 2020. The high growth and market share of synthetic organic pigments are attributed to its key advantages over other natural organic pigments. Synthetic pigments manufactured using petroleum compounds, acids, and other chemicals usually under high heat or pressure for manufacturing. They are generally synthesized using ring-based aromatic compounds. These chemicals produce almost infinite variations in the molecular structure. These have added advantage of higher durability, high lighfastness and better gloss.

The Azo Organic pigments accounts for the largest market share in the global organic pigments market during the forecasted period in terms of value and volume

Azo pigments account for nearly 42.6% of all organic pigments by value in 2020. Azo pigments are among the organic compounds with a functional azo group (-N=N-). They are further classified based on their chemistry into monoazo and diazo pigments. These pigments are derived from water-soluble dyes and are the largest, as well as the most diverse group of synthetic organic pigments. Azo pigments are available in the shades of yellow, orange, red, and brown. Due to their stable nature these pigments are widely used in the printing inks and coating industry.

The printing ink application accounted for the largest market share in the global organic pigments market during the forecast period in terms of value and volume.

The printing inks application accounted for the largest share by value of the organic pigments market. This is because of increasing demand from the packaging industry, especially food packaging. Increasing regulations and restrictions on the use of inorganic pigments has further aided in the acceptance of organic pigments in the market. Organic pigments-based printing inks are also gaining wide acceptance in marketing tools publication such as brochures, magazines, and other printed tools. This is due to the high vividness and sharpness of colors based on organic pigments

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APAC is expected to account for the largest share in the organic pigments market during the forecast period.

APAC is the most lucrative organic pigments market. The growing population, rising urbanization, and increasing purchasing power are the key factors for the growth of the packaging, construction, electronics, and automotive industries in the region. Additionally, the growing demand for organic pigments and regulations on the use of environment- friendly products have led to market growth. Organic pigment manufacturers are targeting this region, as it is the strongest regional market for industries such as textiles, plastics, and construction. The manufacturers are also shifting their production base to APAC because of the low cost of production and ability to serve the local emerging markets.

The countries, including China, Japan, India, and South Korea, are the major organic pigments markets in the region. China is the leading producer and consumer of organic pigments in APAC. The market in this region has many small and domestic manufacturers, providing customized products and services to clients that demand organic pigments in small quantities. All these factors have made APAC the largest and the fastest-growing organic pigments market.

The major players active in the Organic Pigments Market are BASF (Germany), Clariant (Switzerland), DIC Corporation (Japan), Heubach GmbH (Germany), Sudarshan Chemical Industries Ltd. (India), Ferro Corporation (US), Trust Chem Co. Ltd (China), Dainichiseika Color & Chemicals Mfg. Co. Ltd. (Japan), DCL Corporation (Canada), and Toyocolor Co. Ltd. (Japan).

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Food Enzymes Market worth $3.1 billion by 2026 – Exclusive Report by MarketsandMarkets™

May 7, 2021 Published by Roboticulized.com

According to the new market research report “Food Enzymes Market by Type (Carbohydrases, Proteases, Lipases, Polymerases & Nucleases), Source, Application (Food & Beverages), Formulation, and Region (North America, Europe, Asia Pacific, and South America) – Global Forecast to 2026“, published by MarketsandMarkets, the Food Enzymes Market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The growing demand for diverse range of food products, clean label trend, and increase in disposable income are the factors that are projected to drive the growth of the food enzymes market globally.

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The microorganism segment is projected to witness significant growth during the forecast period.

Based on source, the food enzymes market is segmented into microorganism, plant, and animal. The microorganism segment is projected to witness the fastest growth during the forecast period, as enzymes obtained from microbial sources lead to low production costs and are stable than other sources. They can be produced through fermentation techniques in a cost-effective manner with less time and space requirement, and because of their high consistency, process modification and optimization are easily done.

The carbohydrases segment is projected to account for a major share in the food enzymes market during the forecast period

By type, the food enzymes market is segmented into carbohydrases, proteases, lipases, polymerases & nucleases, and other enzymes (such as catalases, laccases, oxidases, phosphatases, kinases, esterases, and pectinases). Carbohydrases are classified into amylases, cellulases, and other carbohydrases (such as pectinases, lactases, mannanases, and pullulanases). Amylase is used in the baking industry as the addition of amylase to the dough, enhances the fermentation rate which results in the reduction of the viscosity of dough, further improving the volume and texture of the product. Due to easy modification and optimization processes, there is a huge usage of amylase in the food & beverage industry.

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435 – Tables
46 – Figures
383 – Pages

The North American region dominated the food enzymes market with the largest share in 2020, whereas Asia Pacific is expected to witness the highest growth rate.

The food enzymes market in North America was dominant due to the increasing demand for enzymes in food applications. Technological innovations in machinery, optimization of production, logistics, and globalization of business have made the food & beverage industry one of the essential sectors in North America. However, the shift of food operations from developed regions, such as North America and Europe, to Asia Pacific, has further contributed to the growth of the food enzymes market in the Asia Pacific region.

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Key players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as DuPont (US), Associated British Foods plc (UK), DSM (Netherlands), Novozymes (US), CHR. Hansen Holdings A/S(Denmark), Kerry Group (Ireland), Jiangsu Boli Bioproducts Co., Ltd. (China), Biocatalysts Ltd. (UK), Puratos Group (Belgium), Advanced Enzyme Technologies Ltd (India), Amano Enzyme Inc. (Japan), Enzyme Development Corporation (US), ENMEX, S.A. de C.V. (Mexico), Aumgene Biosciences (India), Creative Enzymes (US), SUNSON Industry Group Co., Ltd (China), AUM Enzymes (India), Xike Biotechnology Co. Ltd. (China), and Antozyme Biotech Pvt Ltd (India).

3D Printing Ceramics Market worth $384 million by 2025 – Exclusive Report by MarketsandMarkets™

April 15, 2021 Published by Roboticulized.com

According to the new market research report “3D Printing Ceramics Market by Material type (Oxide based, non-oxide based), Form,End-use Industry (Aerospace & defense, healthcare, automotive, consumer goods and electronics, construction), Application and Region – Global Forecast to 2025“, published by MarketsandMarkets, the 3D Printing Ceramics Market is projected to grow from USD 116 million in 2020 to USD 384 million by 2025. The aerospace & defense segment accounted for a share of 39.7% in terms of value in the 3D printing ceramics market in 2020 and is projected to reach USD 172 million by 2025 at a CAGR of 30.2%. The healthcare sector is projected to witness the second highest CAGR of 26.5%, growing from USD 25 million in 2020 to USD 82 million by 2025.

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Browse in-depth TOC on “3D Printing Ceramics Market“

114 – Tables
49 – Figures
157 – Pages

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Oxide based 3D printing ceramics comprises a major share of the 3D printing ceramics market in terms of value.

Oxide-based ceramics dominate the market in terms of value, with a share of 60.0%. This is due to the fact that these ceramics have wide applications in the aerospace & defense, healthcare, electronics, and consumer goods industries, among others. Oxide-based ceramics are economical and hence, are widely used for prototyping and by hobbyists for personal use as well. It is because of the same reason that oxide-based ceramics have 69.0% market sharein terms of volume.

The powdered form of 3D printing ceramics accounts for the largest market share in the global 3D printing ceramics market during the forecasted period in terms of value and volume

Powdered ceramics are dominating the 3D printing ceramics market. The main reason is their ease of use and machinability. With new technologies such as laser sintering and binder jetting, powdered ceramics are gaining momentum. Presently, liquid and filament forms hold a small share of the market, and the share of filament is expected to decline in the coming years as powdered and liquid ceramics offer better technical capabilities in printing higher quality products and are widely accepted in the 3D printing ceramics industry.

The commercial/manufacturing application accounted for the largest market share of the global 3D printing ceramics market during the forecast period in terms of value and volume

Industries have adopted 3D printing for part production i.e. a small component of a bigger assembly. This has opened new frontiers in the 3D printing landscape, with companies developing their printing capabilities in terms of speed, material utilization, and printing. Commercial manufacturing of 3D printing ceramics is gaining traction. The US military recently made a contract to buy portable 3D printing factories built in shipping containers.

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The aerospace & defense end-use industry accounted for the largest market share in the global 3D printing ceramics market during the forecast period in terms of value and volume.

The advantages of 3D printing ceramics, such as high strength, high stiffness, bio inertness, excellent corrosion resistance, and high thermal stability, have boosted the market in aerospace & defense, automotive, and healthcare industries. Aerospace & defense is the largest end-use industry of 3D printing ceramics. The demand for ceramics in this end-use industry has increased in the last few years due to the growing demand for commercial aircraft from Boeing and Airbus.

Healthcare is the second-largest end-use industry of 3D printing ceramics with a share of 20.6%, in terms of value, in 2019. The demand for stable bio-implants is rising. Ceramics present a viable, stable, and economical option. 3D printing ceramics are also agile and flexible to meet the design constraints of bio-implants.

Europe is expected to account for the largest market share in the 3D printing ceramics market during the forecast period.

The global 3D printing ceramics market is expected to grow at a significant rate during the forecast period. The market in Europe accounted for the largest share of 35.0% in 2019 in terms of value, followed by North America with a share of 32.6% in terms of value in 2019. APAC is estimated to be the fastest-growing market between 2020 and 2025. However, the global 3D printing ceramics market witnessed slower growth in 2020 due to COVID-19 that forced companies to temporarily shut down their operations in various regions to prevent the virus spread. The pandemic adversely affected various end-use industries, including aerospace & defense, construction, and automotive, which weakened the demand for 3D printing ceramics in 2020.

The key players in the 3D Printing ceramics market include 3D Ceram (France), ExOne (USA), 3DResyns (Spain), Admatec Europe (Nehterlands) and Tethon 3D (USA) are some of the key players in the 3D printing ceramics market. Steinbach AG (Germany), 3D Systems (USA), Johnson Matthey (UK), Aon Inni (Korea) and CeramTec (Germany) are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the 3D printing ceramics market. These players have taken different organic and inorganic developmental strategies over the past five years.

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Prepreg Market worth $10.2 Billion by 2025 – Exclusive Report by MarketsandMarkets™

March 12, 2021 Published by Roboticulized.com

According to the new market research report “Prepreg Market by Type of Reinforcement (Carbon Fiber Prepreg, Glass Fiber Prepreg), Resin Type (Thermoset Prepreg, and Thermoplastic Prepreg), Form, Manufacturing Process (Hot-melt, Solvent Dip), Application, Region – Global Forecast to 2025″, published by MarketsandMarkets, the Prepreg Market size is expected to grow from USD 6.2 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 10.5% during the forecast period.

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Browse in-depth TOC on “Prepreg Market”133 – Tables 62 – Figures 187 – Pages

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Prepreg is extensively being used in the aerospace & defense, wind energy, automotive, sporting goods, electronics, and other end-use industries. The increasing wind energy projects support the demand for prepreg in the wind energy end-use industry.

Carbon Fiber Prepreg comprises a major share of the prepreg market in terms of value.

The carbon fiber prepregs find wide applications in various end-use industries. Some of the major applications includes aerospace & defense, wind energy, sporting goods, automotive, electronics (PCB), and others. The increasing demand from these applications is expected to drive the carbon fiber prepreg market during the forecasted period.

The COVID-19 pandemic resulted in a decline in industrial activities in the first half of 2020 across the globe. It resulted in reduced demand for prepreg from various end-use industries.

The Thermoset prepregs accounts for the largest market share in the global prepreg market during the forecasted period in terms of value and volume

Thermoset prepreg is the largest type of prepreg used for variety of applications. Thermoset prepreg is a rigid material that has high mechanical strength and high-temperature stability. The most commonly used resin in thermoset prepreg is epoxy. It is widely used in wind, automobile, electronics, and sporting goods applications. Thermoset prepregs are made by solvent impregnation and hot-melt technology. The wide applications and acceptance of thermoset prepregs is expected to drive the demand during the forecasted period. The COVID-19 pandemic has resulted in reduced demand for prepreg from major applications such as caerospace & defense, and wind energy. These factors are expected to reduce the demand for thermoset prepreg in 2020. The prepreg consumption is expected to recover post the pandemic.

The aerospace & defense application accounted for the largest market share in the global prepreg market during the forecast period in terms of value and volume.

The aerospace & defense application holds the dominant market share in the global prepreg market, both in terms of value and volume. The aerospace & defense industry has increased demand for prepreg in manufacturing various structural parts of aircrafts with high tensile strength and lightweight. The demand for prepregs from aerospace & defense end-use is expected to decline in 2020 due to halts in the first half of 2020. Also, major manufacturers temporarily closed their plants during the lockdown. The demand is expected to recover after the COVID-19 pandemic is under control.

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APAC is expected to account for the largest market share in the prepreg market during the forecast period.

APAC accounts for the biggest share of the global prepreg market. The aerospace & defense, and wind energy applications are the major consumers of prepregs in the region. The China is a manufacturing hub of various commercial, military, and passenger automotive vehicles. North America is the second major consumer of prepregs aerospace & defense, and wind energy are the major industries fueling the growth of the prepreg market in this region.

However, the COVID-19 outbreak has affected the demand for prepregs in the region. On the positive side, support packages offered by governments of various countries will help to maintain the liquidity in prepreg market. Such initiatives coupled with recovery in the application industries will increase the demand for prepregs in APAC and European region.

The key players in the prepreg market include Solvay Group (Belgium), Hexcel Corporation (United States), Toray Industries, Inc. (Japan), Teijin Limited (Japan) and Mitsubishi Chemical Holdings Corporation (Japan), are some of the key players in the prepreg market. SGL Group (Germany), Axiom Materials (United States), Gurit Holding AG (Switzerland), Park Aerospace Corp. (United States) and Plastic Reinforcement Fabrics Ltd. (United Kingdom) are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the prepreg market. These players have taken different organic and inorganic developmental strategies over the past five years.

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Residential Energy Management Market Worth $4.1 Billion by 2025 – Exclusive Report by MarketsandMarkets™

February 8, 2021 Published by Roboticulized.com

According to the new market research report “Residential Energy Management Market by Component (Hardware (RTU, Relays, LCS, DR devices, Control Devices, In-house Displays), Software(EMP, Energy Analytics, CEP); Communication Technology (Wired, Wireless); Application; Region – Global forecast to 2025″, published by MarketsandMarkets, the global Residential Energy Management Market size will grow to USD 4.1 billion by 2025 (forecast year) from USD 2.2 billion in 2020 (estimated year), at a CAGR of 12.9% during the forecast period. The rising energy consumption in residential sectors of OCED and non OCED nations, government initiatives and policies toward energy efficiency in residential buildings, are the driving factors for the Residential Energy Management Market, globally. Increasing investments for modernizing aging grid infrastructures upcoming smart city projects in developing economies to enhance residential sector, which creates opportunities for growth of the market.

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The hardware segment is expected to dominate the Residential Energy Management Market, by component, during the forecast period.

Based on component, the Residential Energy Management Market has been segmented into hardware, and software. The hardware segment accounted for the highest share of the Residential Energy Management Market in 2019. Hardware help grid operators for voltage regulation, advanced fault detection, automating power restoration, reduce the power waste and increased energy efficiency in residential buildings.

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100 – Tables
50 – Figures
191 – Pages

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Wireless segment projected to register a higher CAGR than the wired segment during the forecast period

Based on communication technology, the market has been segmented into wired and wireless. The wireless segment is expected to witness a higher CAGR during the forecast period. Residential energy management uses wireless communication due to its ease in accessibility and increased efficiency. This wireless communication technology provides integral support to the utilities by offering high bandwidth and covering a large area.

Asia Pacific estimated to fastest growing market for the Residential Energy Management Market during the forecast period

Asia Pacific is estimated to be the fastest growing market for residential energy management during the forecast period. For the market analysis, the region has been segmented into China, Japan, India, Australia, and the Rest of Asia Pacific. The demand for residential energy management in this region is driven mostly by the increasing electricity consumption and the need to upgrade aging infrastructure. Countries in this region are shifting toward energy efficiency in residential buildings to meet the growing energy demands.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Residential Energy Management Market.

Some of the key players are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Honeywell International (US), and Siemens (Germany). The leading players are adopting various strategies to increase their share in the Residential Energy Management Market. Partnership & collaboration, and new product launches have been a widely adopted strategy by the major players in the Residential Energy Management Market.

Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting

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https://www.marketsandmarkets.com/Market-Reports/smart-meter-366.html

Power Monitoring Market by Component (Hardware, Software, Services), End-User (Manufacturing & Process Industry, Datacentres, Utilities & Renewables, Public Infrastructure, Electric Vehicle Charging Stations), and Region – Global Forecast to 2024

3D Metrology Market Worth $13.4 billion by 2026 – Exclusive Report by MarketsandMarkets™

February 5, 2021 Published by Roboticulized.com

According to the new market research report “3D Metrology Market with COVID-19 Impact by Product Type (CMM, ODS, VMM, 3D AOI, 3D X-ray &CT), Application (Quality Control & Inspection, Reverse Engineering, Virtual Simulation), Offering, End-user Industry, and Geography – Global Forecast to 2026”, published by MarketsandMarkets, the market is estimated to grow from USD 9.6 billion in 2021 to reach USD 13.4 billion by 2026; it is expected to grow at a CAGR of 6.8% from 2021 to 2026. A few key factors driving the growth of this market are increased R&D spending on 3D metrology, focus on quality control while manufacturing goods, and demand for higher productivity by electronics manufacturing services companies. Factors such as increasing adoption of cloud computing services and surging demand for industry 4.0 are expected to provide growth opportunities to players in the 3D metrology market.

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3D metrology market for hardware offering is expected to hold largest share during forecast period.

Hardware is expected to hold largest share of 3D metrology market from 2021 to 2026. The increasing adoption of 3D metrology equipment in industries such as aerospace & defense, automotive, architecture & construction, medical, electronics, energy & power, and heavy machinery to maintain product quality is the major driver for the growth of the hardware market.

CMM is expected to hold largest share of 3D metrology market during forecast period.

CMM is expected to hold largest share of 3D metrology market from 2021 to 2026. Better rigidity and higher accuracy are the major factors for the adoption of bridge CMMs for 3D metrology. The CMM market is growing rapidly and mainly focusses on quality control to capture large volumes of 3D data for modeling and analysis. The captured data are then shared with production scheduling, design, purchasing, and many other manufacturing company functions to ensure the accuracy of manufactured products. Other drivers of the CMM market include growing interest in Industrial Internet of Things (IIoT) and superior quality inspections.

The 3D metrology market for automotive industry is expected to hold largest share from 2021 to 2026.

3D metrology is used in the automotive industry in the early stages of the design, production, and installation of single components and finished products, and the installation of automated production lines. The process of quality control and inspection is vital for production as it enables faster response to quality issues, thereby leading to the growing demand for 3D metrology systems in the automotive industry.

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154 – Tables
48 – Figures
229 – Pages

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3D metrology market in APAC to grow at highest CAGR during forecast period.

The key countries contributing to the growth of the 3D metrology market in APAC include Japan, China, India, and South Korea. Countries in APAC are involved in the manufacturing of defense aircraft, which is expected to increase the scope of 3D metrology inspection applications in the aerospace & defense industry. The demand for automobiles and electronic products in APAC is likely to grow in the coming years, which would result in an increased production of vehicles.

Hexagon (Sweden), FARO Technologies (US), KEYENCE Corp. (Japan), Jenoptik (Germany), Nikon Corp. (Japan), Mitutoyo Corp. (Japan), ZEISS Group (Germany), KLA Corp. (US), Perceptron (US), Renishaw (UK), Creaform (Canada), Baker Hughes Company (US), CyberOptics Corp. (US), Trimble, Inc. (US), 3D Systems, Inc. (US), Automated Precision, Inc. (US) and Metrologic Group (France) are few major players in 3D metrology market.

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Fluid Transfer System Market worth $24.7 billion by 2025 – Exclusive Report by MarketsandMarkets™

January 29, 2021 Published by Roboticulized.com

According to the new market research report “Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel, Stainless Steel), On & Off-Highway, EV and Region- Global Forecast to 2025″, published by MarketsandMarkets, the Fluid Transfer System Market is projected to grow at a CAGR of 6.7% from 2020 to 2025, and the market size is expected to grow from USD 17.8 billion in 2020 to USD 24.7 billion by 2025. Stringency in emission norms and demand for enhanced fuel economy are projected to drive the Fluid Transfer System Market.

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148 – Tables
49 – Figures
229 – Pages

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AC lines segment will hold the largest share of the Fluid Transfer System Market

Increase in superior cabin experience has propelled to ever-increasing the growth of the AC lines market. Today, almost all the vehicles that are manufactured are equipped with an air conditioning system. Thus, there is tough competition between automakers to provide enhanced comfort. This competition has increased pressure on OEMs to deliver technologically advanced automotive air conditioning systems. Also, the increasing popularity of premium vehicles, has driven the adoption of rear AC system. Thus, the increasing demand for rear air conditioning has also driven the growth of AC lines and is expected to grow further in coming years.

PC is the fastest-growing segment for fluid transfer system as it is witnessing increasing usage of SCR and DPF

The passenger car segment is estimated to hold the largest market share of the Fluid Transfer System Market during the forecast period. In addition, the implementation of Euro 6 and EPA Tier 3 norms for passenger cars demands a 100% DPF deployment. Alternatively, the demand for SCR has increased in developed countries to comply with existing emission standards for NOx gases.
Also, the growing demand for cars equipped with TGDI is expected to significantly drive the sales of passenger car turbo coolant lines. Thus, with upcoming regulations like China 6 a and 6b and India’s BS-VI, the markets for turbochargers, DPF, and SCR are expected to grow at a prominent rate in the coming years and boost the market for fluid transfer systems in passenger cars.

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Asia Pacific is estimated to be the largest geographical segment of the Fluid Transfer System Market

The upcoming emission norms in Asia Pacific are the most prominent driving forces for the Fluid Transfer System Market. For instance, China implemented China 6a & 6b, India implemented BS VI norms in 2020. Also, At the same time, the demand for luxury cars has increased considerably. The increase in demand for vehicles, especially premium passenger cars, has accentuated the need for cabin comfort and luxury and enhanced the demand for better air conditioning systems and suspension technologies. OEMs are also shifting focus on direct injection engines for gasoline cars (TGDI) to meet the upcoming emission norms, and this trend is expected to grow rapidly during the forecast period. Thus, the market for fluid transfer systems in the region is expected to grow significantly in the coming years.

The Fluid Transfer System Market is dominated by global players and comprises several regional players as well. The key players in the Fluid Transfer System Market are Cooper Standard (US), Kongsberg (Switzerland), TI fluid systems (UK), Contitech (Germany), Akwel (France), Hutchinson (France), Lander automotive (UK), Tristone (Germany), Castello Italia (Italy), and Gates (US).

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Dairy Alternatives Market worth $40.6 billion by 2026 – Exclusive Report by MarketsandMarkets™

January 26, 2021 Published by Roboticulized.com

According to the new market research report “Dairy Alternatives Market by Source (Soy, Almond, Coconut, Oats, Rice, Hemp), Application (Milk, Yogurt, Ice creams, Cheese, Creamers), Distribution Channel (Supermarkets, Health Food Stores, Pharmacies), Formulation, and Region – Global Forecast to 2026″, published by MarketsandMarkets, the global Dairy Alternatives Market size is estimated to be valued at USD 22.6 billion in 2020. It is projected to reach USD 40.6 billion by 2026, recording a CAGR of 10.3% in terms of value. The increasing demand for lactose-free food and beverage products is driving the global dairy alternatives market.

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The soy segment accounted for the largest share in the dairy alternatives market

Based on source, soy dominated the dairy alternatives market. Soy-based dairy alternative products are popular among consumers owing to their nutritional content. They are a rich source of proteins and calcium, which makes it suitable for lactose-intolerant consumers.

The yogurt segment is expected to grow with the highest CAGR in the forecast period

Based on application, yogurt is the fastest-growing segment in the overall dairy alternatives market. The growth of the yogurt segment is majorly driven by the rising demand for new varieties by the consumers. Dairy-free yogurts act as a healthy replacement for vegans and lactose-intolerant consumers, having similar taste and texture as dairy yogurts. Innovation in this market is expected to further lead to the growth of this segment.

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112 – Tables
60 – Figures
196 – Pages

The supermarkets & hypermarkets segment is projected to account for a major share in the dairy alternatives market during the forecast period

By distribution channel, the dairy alternatives market is segmented into supermarkets & hypermarkets, health food stores, pharmacies, convenience stores, and online stores. Supermarkets & hypermarkets segment accounted for the largest market share in the overall dairy alternative market in 2019. Consumers prefer supermarkets and hypermarkets as they have many options available at one place and they can easily compare products on various factors such as price, nutritional content, allergens and others. The rising trend of consumers reading packaged labels is further driving sales of products through supermarkets.

The Europe region is the fastest-growing in the dairy alternatives market in the forecast period

Europe will be the fastest-growing region in the global dairy alternatives market in the forecast period. An increasing number of flexitarians in the region are driving the demand for dairy alternatives. Manufacturers in the region are also focusing on new product developments that include fresh soy drinks. The increasing demand for healthy & nutrition products, along with changing eating habits, environmental concerns, and sustainability factors, drive the growth of the European dairy alternatives market.

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Key Players:

This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as The Hain Celestial (US), Blue Diamond Growers (US), SunOpta (Canada), Sanitarium Health and Wellbeing Company (Australia), Danone (France), Freedom Foods Group (Australia), Earth’s Own Food Company (Canada), Triballat Noyal (France), Valsoia S.P.A (Italy), Panos Brands (US), Melt Organic (US), Oatly (Sweden), Living Harvest Foods (US), Ripple Foods (US), Kite Hill (US), Califia Farms (US), Hudson River Foods Inc. (US), Daiya Foods Inc. (Canada), Pureharvest (Australia), Yoconut Dairy Free (US), and Yumbutter (US).

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Dairy Alternatives Market worth $40.6 billion by 2026 – Exclusive Report by MarketsandMarkets™

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