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Friday, March 12, 2021

Industry Verticals: Automated Analyzer Market Set For Rapid Growth & Trend, By 2027

The massive coronavirus transmission has created a significant impact on the global automated analyzer market, during the analysis period. Moreover, the Immuno based analyzer type has substantial growth in the global marketplace. Clinical analysis application shall witness lucrative market growth, over the forecast period. The Healthcare sector is anticipated to grow at a healthy CAGR, in the analysis timeframe. The Asia-Pacific region shall create huge opportunities for the investors during the analysis period. The key manufacturers of the automated analyzer market are focussing on multiple effective strategies to sustain in the COVID-19 chaos.

The outbreak coronavirus disease (COVID-19) has positively impacted the growth of automated analyzers in the global market. The driving factors of the global market are increasing shift towards lab automation, rising prevalence of blood & infectious disorders, and technological innovations. Though the markets across the economies are following complete lockdown in order to curb the spread of coronavirus, the automated analyzer market has shown considerable growth, in the year 2020. Global leaders of the automated analyzer market are following various business strategies such as product development, strategic alliances, and technological advancements to sustain and to strengthen the footprint in the global market. For instance, in June 2020, Siemens Healthineers collaborated with BARDA (Biomedical Advanced Research and Development Authority) for the development of an automated SARS-CoV-2 total antibody test. The test is performed for detection of the presence of SARS-CoV-2 antibodies, including IgG and IgM in blood, for the identification of patients who have developed an adaptive immune response. In addition to this, in May 2020, Ortho Clinical Diagnostics, a leading leader of in vitro diagnostics, has received the CE mark for the Ortho’s Total antibody test. These initiatives may offer massive opportunities for the automated analyzer market, during the COVID-19 pandemic crisis. The report is designed to guide key-players in strategic, operational, and financial planning over the next coming years.

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Our report consists of:

• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

according to the study of research dive, the global automated analyzer market is set to generate huge revenue by 2027, at a healthy cagr throughout the forecast period.

The segmentation of the global automated analyzer market has been done on the basis of type, application, end-user, and region. The report provides valuable insights on drivers, restraining factors, vital segments, future opportunities, and key players of the market.

• The Factors Affecting Market Growth

As per our analyst estimates, technological innovation along with the rising prevalence of blood disease is propelling the global automated analyzer market growth. On the other hand, the higher prices of automated analyzers are projected to obstruct the growth of the global automated analyzer market, during the period of analysis.

• Immuno based Analyzer type shall have an Extensive Market Growth During the Analysis Period

Based on the type, the global automated analyzer market is broadly categorized into hematology analyzer, immuno based analyzer, routine biochemistry analyzer, and others. The immuno based analyzer is expected to rise at a healthy CAGR, throughout the forecast period. The immuno based analyzer is a strong diagnostic tool and it has the capability to measure drug in the blood, fertility disorders, and other applications. These elements may drive the global automated analyzer market, over the analysis period.

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• Clinical Analysis application will have a significant Growth During the projected timeframe

Based on the application, the global automated analyzer market is classified into drug discovery, clinical analysis, chemical analysis, industrial analysis, and others. The clinical analysis application will have major market growth and is projected to rise at a remarkable CAGR, throughout the projected period. An increase in the adoption of lab automation is one of the key factors for the growth of the segment, over the forecast period.

• Healthcare Sector Will be the Most Lucrative

Based on the end-user, the global automated analyzer market is segmented into oil & gas, healthcare, chemical, and others. The healthcare segment will have the fastest growth, in the global market, during the analysis period. The growing emphasis on the development of healthcare infrastructure, increasing prevalence of chronic diseases, and initiatives towards medical and clinical laboratory automation; these factors are propelling the growth of the segment.

• Geographical Analysis and Major Market Players

Depending on the region, the global automated analyzer market is classified into North America, Asia-Pacific, Europe, and LAMEA. The Asia-Pacific automated analyzer market is expected to grow at a significant growth rate during the analysis period. The enormously growing patient of blood infections, increasing expenses on the technological innovation, and rising number of pharmaceutical organizations particularly in India, China, Japan, and South Korea is expected to surge the demand for the automated analyzer, throughout the forecast period.

The leading players of the global automated analyzer market consist of Thermo Fisher Scientific Inc., Cadmus Distribution Group Ltd, Danaher., F. Hoffmann-La Roche Ltd, Siemens, ELITechGroup, Ortho Clinical Diagnostics, Hudson Robotics, BD., and Abbott.

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Emerging Trends: Non-Volatile Dual In-Line Memory Module (NVDIMM) Market Sees Promising Growth in 2020

The chaos of novel coronavirus has considerable impact on the global non-volatile dual in-line memory module (NVDIMM) market in 2020. NVDIMM-N product type accounted for evident market size in 2019 and enterprise storage & server segment held the significant revenue share in the previous years. Also Asia-Pacific region is anticipated to rise at a notable rate in the upcoming years. The major manufacturers are continuously adopting growth tactics to rise their market share in the global industry.This emergency of COVID-9 has negatively affected the global non-volatile dual in-line memory module (NVDIMM) market growth in 2020. The ongoing epidemic of coronavirus is continuously obstructing the manufacturing, sales as well as trades of several semiconductor and consumer electronics companies across the globe. This is majorly owing to the temporary stoppage of manufacturing facilities and production activities along with shutdown of international borders across the major production hubs such as China, India, U.S. and many other countries. These factors resulted there is a considerable decline in demand and sale of non-volatile dual-in line memory systems, which is expected to hamper the NVDIMM market growth during the pandemic time.

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However, some of the government are implementing various initiatives to help the organization to sustain in the crisis period. For example, in recent times, Canada government has released a fund of $15.8 million for Canadian youth to create jobs in natural resource sectors. This fund helps to generate jobs in the areas of science, technology, engineering and math (STEM) in the forestry, energy, mining, clean technology and science sectors.

During this unexpected situation, we are providing our clients in understanding the impact of COVID19 on the non-volatile dual in-line memory module (NVDIMM) market.

Our report includes:
• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

as per new study conducted by research dive, the global plasma therapy market is predicted to reach up to $432.8 million by 2026, growing at a cagr of 16.3% during the forecast years 2019 to 2026.

The global market is classified into type, source, application, end use and region. The study provides complete overview of drivers, opportunities, restraints, segmental analysis and significant players in the global market.

• Factors affecting the market growth

As per our analysts, increasing demand for NVDIMM systems to provide improved performance to data centers along with continuously increasing technological developments are the major drivers for the growth of the market. However, huge initial investments are requited for the NVDIMM systems and low storage capacities are significantly restraining the market growth.

• NVDIMM-N product type and enterprise storage & server segment are accounted for major market share in 2019

By product type, the global market is segmented into NVDIMM-F and NVDIMM-N. In both of these, NVDIMM-N product type generated for highest market size in the previous years and is estimated to continue its trend in the forecast period. This dominance is majorly owing to its advantages of NVDIMM-N product such as low latency and quickness over NVDIMM-F product. NVDIMM-N delivers latency of approximately 10-8 to restore the systems date and information during the power loss, which will enhance the market growth in the forecast years.

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Based on application, the global market has been categorized into networking equipment, high-end workstation, enterprise storage & server and others. In these, enterprise storage & service segment accounted for majority of the non-volatile dual in-line memory module (NVDIMM) market share in the previous years and is expected to remain its growth in the forecast period. Extensive utilization of NVDIMM systems for enterprise storage & service application due to this segment requires high speed operating systems, this will drive the demand for NVDIMM systems in the forecast years. The market for networking equipment application is expected to experience a noteworthy growth and is estimated to rise at faster rate in the projected period.

• Non-Volatile Dual In-Line Memory Module (NVDIMM) Market, Regional insights

The global non-volatile dual in-line memory module (NVDIMM) market has dominated by North America region in 2019 and is expected to remain its dominance over the global market in the estimated time. Presence of well-established technology infrastructure has increased the adoption of NVDIMM software’s by the many enterprises is expected to boost the market growth in the forecast years. Asia-Pacific region is anticipated to experience a significant growth and is estimated to rise at a faster rate in the coming years. Increasing the adoption of cloud based NVDIMM systems to reduce operational costs is estimated to fuel the market growth in the coming years.

• Significant market players in the global non-volatile dual in-line memory module (NVDIMM) market

The significant players in the global Non-Volatile Dual In-Line Memory Module (NVDIMM) Market are AgigA Tech, Inc., Netlist, Rambus.com, Intel Corporation, SAMSUNG, Viking Technology, Micron Technology, Inc., SMART Modular Technologies, SK HYNIX INC. and Hewlett Packard Enterprise Development LP among many others.

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Opportunities: Home Security Solutions Market Scope by Demand, Trends to Expand Significantly by 2027

The outbreak of coronavirus has notable impact on the global security solution market. Cameras segment is expected to hold highest revenue share in the forecast years and video surveillance segment accounted for evident market size in the previous years. Also, independent homes segment is expected to experience a noteworthy growth in the estimated period. North America region held the global market share and is expected to remains its dominance in the forecast time. Key manufacturers are adopting business growth tactics to increase their market share in the global market.The world is experiencing a devastating impact due to coronavirus and most of the profitable industry such as security sector is experiencing challenging situation in 2020. During this unpredicted situation, increasing the unemployment and less sources for income, there will be surge in robberies, theft and murder incidents are happening in recent time, these factors are creating threat to the property and life. This aspect is expected to drive the demand for security systems, which will accelerate the market growth in this pandemic period.

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Moreover, the significant manufacturers are continuously increasing their efforts on product new technology introductions, collaborations and partnerships to strengthen their position in the overall industry. For instance, in January 2020, Nortek Security and Control has announced a new strategic partnership with PowerHouse Alliance to expand into Single-Room Control Market. This partnership has made to deliver a high performance and affordable price single-room solutions with cloud deployment. Single-room control solution can used to control door lock systems, lighting, security systems and temperature in the homes.

During this crisis period, we are supporting the market players in understanding the impact of COVID-19 on the global home security solutions market.

Our report includes:

• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

according to a new study done by research dive, the global home security solutions market will account for $114.4 billion by 2027 and is expected to grow at a significant rate during the forecast time 2019-2027.

The global market has been classified into product, solution, home type and region. This study provides complete information about drivers, opportunities, restraints, segmental analysis and top gaining players of the market.

• Factors impacting the growth of the market

According to this study, increasing invasions in residential and commercial places and rapid growth in the remote monitoring techniques are major driving factors for the home security solutions market growth. However, huge expenditure is required for the installation and maintenance of security systems are expected to hamper the market growth.

• Cameras product and video surveillance segments are generated highest market size in 2019

Based on product, the global market is classified into wireless locks, electronic locks, sensors, 7.5 panic buttons, fire sprinklers & extinguishers, cameras and alarms. Electronics locks segment is further classified into keypad locks, magnetic strip locks, biometric locks, electric strip locks and electromechanical door locks. Among these, cameras segment accounted for the highest home security solutions market size in 2019 and is projected to remain its constant growth in the estimated timeframe. Wide utilization of cameras for security solutions due to it allows continuous monitoring of homes from anywhere in the world through remote access and helps in visual crime deterrent to robbers and criminals. This factor will drive the market growth in the forecast years.

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Based on solution, the global market is classified into access control & management solution, medical alert system, intruder alarm solution, video surveillance solution, integrated security solution, intercom system and fire protection system. Among these, video surveillance solution segment held the global market share in 2019 and is expected to continue its trend throughout the forecast time. Video surveillance technique is most trending technology for home security, it is effective solution in gathering of real-time videos of any incident and transfers to computers and mobile phones. These videos play a significant role in crime detection, which is expected to increase demand for video surveillance solutions. Also, increasing trend for incorporation of artificial intelligence technology in video surveillance systems is further estimated to drive the market growth in the coming years.

• Independent homes segment will have a lucrative growth in the coming years

Based on home type, the global market is segmented into condominiums, independent homes and apartments. Among these, apartment’s home type accounted for more than 40% of the global market share in the previous years and is expected to grow at a healthy rate during the forecast years. Growing number of residential apartments across the globe due to increasing people preference is driving the demand for security systems. Thereby, most of the society builders are incorporating integrated security solutions and amenities with affordable prices to provide home security and remote access control of security systems is expected to drive the market growth in the forecast years. Independent home type segment is expected to grow at a faster rate in the forecast years. Stringent regulation on incorporation of fire protection systems and increasing awareness among the people about advanced safety systems are expected to drive the market growth in the coming years.

• Home security solutions market, Regional Outlook

North America has dominated the global home security solutions market share in the previous years and is expected to continue its dominance over the global market throughout the forecast years. This region is the early adopters of home security technologies such as fire protection systems and video surveillance systems for better safety solutions, this factor will drive the market growth in the North America region. Along with North America, Europe region accounted for subsequent position in the global market share and is expected to grow at a healthy rate during the forecast years. Increasing government initiatives security infrastructure development to provide safe environment is expected to rise the demand for security systems, which will drive the market growth in the coming years.

• Home security solutions market, significant players

The significant players in the global home security solutions market are Raytheon Technologies Corporation, Robert Bosch GmbH, Allegion plc, Wirepath Home Systems, LLC, dba Control4, Alarm.com, Nortek Security and Control, Godrej.com, Ingersoll Rand, ASSA ABLOY and Honeywell International Inc. among many others.

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In-Depth Analysis: High Resolution Dispensing Systems and Equipment Market Expand their Businesses with New Investments

The coronavirus transmission has created a significant impact on the global high resolution dispensing systems and equipment market, throughout the forecast timeframe. Moreover, the automatic segment has exponential growth in the global marketplace. The electronics segment will have a substantial market share, during the analysis period. The Asia-Pacific region will create massive opportunities for investors over the forecast period. The leading organizations of the global market are concentrating on multiple strategies to sustain in the COVID-19 crisis.The pandemic of coronavirus disease (COVID-19) has significantly impacted the global high resolution dispensing systems and equipment market. The key factors of the global market are high accuracy, enhanced control, and customization. The increasing adoption of dispense systems and equipment in industries such as oil & gas, aerospace, defense, and automotive may lead to drive the demand for dispensing systems, during the forecast period. However, the businesses across the world are following a shutdown in order to prevent the communal spread of coronavirus, the global high resolution dispensing systems and equipment market has shown major growth, in the pandemic period. Leading manufacturers of the high resolution dispensing systems and equipment market are implementing strategies such as product innovations, and strategic tie-ups to acquire a prominent position in the global marketplace. For instance, as per the news published in May 2020, BioDot, leading integrated dispensing systems providers, has increased the production of ‘novel lateral flow dispensing platforms’ to fulfill the COVID-19 testing demand worldwide.

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In addition to this, in April 2020, Rourkela Steel Plant (RSP) has developed a body sanitizer dispensing system to fight against COVID-19 disease. Above-stated factors may lead to a surge in the growth of the global high resolution dispensing and equipment market, during the outbreak period. The report is designed to guide key-players in strategic, operational, and financial planning over the next coming years.

Our report consists of:

• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

as per the recent publication of research dive, the global high resolution dispensing systems and equipment market is set to register a revenue of $3,578.3 million by 2027, at a healthy growth rate during the analysis period.

The segmentation of the global high resolution dispensing systems and equipment market has been done on the basis of type, application, and region. The report provides key insights on drivers, vital segments, restraining factors, opportunities, and key manufacturers of the market.

• The Factors Affecting Market Growth

As per our analyst estimates, the technological evolution of dispensing technology from manual to robotic dispensing over time is one of the key factors propelling the global market, during the analysis period. Contrary to this, the higher prices and low product penetration in the low- middle-income countries are anticipated to decline the growth of the global high resolution dispensing systems and equipment market.

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• The Automatic Dispensing Systems will be the Most Lucrative

On the basis type, the global high resolution dispensing systems and equipment market is segmented into semi-automatic and automatic. The automatic dispensing systems will have rapid market growth and are projected to increase at a healthy CAGR, during the analysis timeframe. On the other hand, the Semi-automatic dispensing systems held the dominating market share and are anticipated to increase at a remarkable growth rate, throughout the forecast period.

• Electronics segment will have a Substantial Market Share During the Analysis period

Depending on the application, the global high resolution dispensing systems and equipment market is classified into electronics and others. Further, electronics segment is broadly categorized into glue dispensers, powder dispensers, adhesive and sealant dispensers, and liquid material dispensers. The adhesive and sealant dispensers held the largest share during the forecast period. Adhesive and sealant dispensers offer long term operations along with the longevity of the product. These elements lead to a surge in the growth of the segment, during the forecast period.

• Geographical Analysis and Major Market Players

Depending on the region, the global high resolution dispensing systems and equipment market is classified into North America, Asia-Pacific, Europe, and LAMEA. The Asia-Pacific high resolution dispensing systems and equipment market is anticipated to rise at a massive growth rate throughout the forecast period. The existence of large scale consumer electronics manufacturers such as and increased automation activities particularly in China, India, and Japan are projected to drive the market in the region.0

The leading players of the global high resolution dispensing systems and equipment market consist of Besi, Franklin Electric Co., Inc., AptarGroup, Inc., Nordson Corporation, Musashi Engineering Inc., Illinois Tool Works Inc., Graco Inc., Dover Corporation, Mycronic, and Jensen Global.

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Advancement: Head Mounted Display (HMD) Market : Huge Growth Opportunities, Trends and Forecast to 2027

The COVID-19 pandemic is anticipated to impact the global head mounted display (HMD) market in a positive way. The helmet product type will observe lucrative growth in the forecast period. The training and simulation application type is anticipated to rise with a healthy CAGR till 2027. The consumer end-user will dominate the market in terms of revenue. North American region dominated the market shares and is anticipated to hold the largest market shares in the forecast period

The world is facing an unpredicted change and many of the industries are experiencing thought hard situations due to the COVID-19 pandemic. The COVID-19 outbreak has a positive impact on the global head mounted display market. HMD are the devices that are worn on head that has small display utilized for various applications such as in aviation, engineering, medicine & research, and others. Several advancements such as development of high-resolution insert HMD devices (HRI-HMD) has improved visual quality owing to the presence of high-resolution insert. Moreover, these devices are used in medicinal and research purpose that uses predictive visual tracking and radiographic data which in turn enhances the surgeon’s natural view during operations. Several technological advancements are carried out which is anticipated to drive the demand of the HMD market in the forecast period. For instance, University of Cambridge has developed a new HMD device that is operated by AR that offers realistic 3D view without side effects such as nausea or eye strain. During this coronavirus crisis situation, we are helping our clients in understanding the impact of COVID-19 on the global head mounted display market.

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according to a new report published by research dive, the global head mounted display market is anticipated to garner a revenue of $121.6 billion by the end of the forecast period.

The global head mounted display market is divided on the basis of product, application, end-user, and region. The report provides detailed information about drivers, opportunities, restraints, segmental analysis, and competitive players of the market. As per our analysts, mounting utilization of HMD in engineering, medicinal research, gaming, video, and training has increased the demand of the global head mounted display market.

• The Helmet Mounted Display type is will observe Lucrative Growth in the Forecast Period

Based on the product, the global head mounted display market is segmented into helmet mounted display and wearable glass. Among these, helmet mounted display segment is anticipated to observe a lucrative growth in the forecast period. This type of HMD device is capable of providing enhanced view and rising use of these devices in military & defense are the major factors that are anticipated to offer lucrative growth in the forecast period.

• The Training and Simulation Application type is anticipated to Rise with Healthy CAGR and expected to observe Lucrative Growth in the Forecast Period

Based on the application, the global market is divided into imaging, security, tracking, training & simulation, and others. Among these, training & simulation application type is anticipated to rise with healthy CAGR and is expected to observe lucrative growth in the forecast period. HMD plays crucial role in training and simulation of trainee in a condition that is dangerous to replicate or expensive to operate.

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• The Consumer End-User is Expected to Dominate the Market in terms of Revenue Generation

Based on the end-user, the global head mounted display market is divided into defense, consumer, and others. Among these consumer end-users accounted for the largest market shares and is anticipated to dominate the market in terms of revenue generation till 2027. There is a lucrative growth in the number of smart phone users and increasing awareness about VR and AR owing to its compatibility has dominated this end-user segment in the predicted time.

• Regional Outlook and Major Market Players

The global market is studied across North America, Europe, Asia-Pacific, and LAMEA. Among these, the North America region holds the largest market shares and Europe region is anticipated to rise the demand of the market with faster CAGR. North America utilizes this device in military & defense and healthcare sector. While, technological advancements in Europe region have enhanced the demand of the market in Europe region.

Major key-players in the global head mounted display market are Trivision, Sony Corporation, Google, Syndiant, NEC Corporation, Innovega Inc, BAE Systems, eMagin Inc, Facebook Technologies LLC, Seiko Epson Corporation, and others.

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Competitive Landscape: Cable Management System Market Set For Rapid Growth & Trend, By 2027

The abrupt occurrence of COVID-19 has created a positive impact on the development of the cable management system market. Increasing adoption of cable management systems in industrial and commercial sectors is predicted to boost the global market in the forecast period. IT and Telecom segment is predicted to have maximum share in the estimated period. North America region is predicted to be the most lucrative segment in the projected timeframe.Pandemic have impacted positively to the cable management system market in the forecast period. Increasing demand of cable management in industrial and commercial sector due to various advantages offered such as flexibility and safety is predicted to boost the global cable management system market in the forecast period. In addition, increased investment in developing of a robust technological advancement is predicted to be the biggest driving factor for the market in the forecast period. The raw material that are used for manufacturing of these cables are aluminum, rubber, copper and plastic. The lack of availability of these raw material for the manufacturing of cable is predicted to be the biggest restraints for the market in the forecast period. Production innovation with the development of urbanization is predicted to create more growth opportunity for the market. For instance, in June 2020, EllaLink & EMACOM launch the “EllaLink GeoLab” SMART submarine cable initiative. Submarine cable initiative is considered to the first dedicated facility of its kind as part of a telecom submarine cable. During this unpredicted situation, we are helping our clients in understanding the impact of COVID19 on the global social commerce market.

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Our report includes:
• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

according to a study conducted by research dive, the global cable management system market is expected to register a revenue of $32.46 billion by 2027.

The global market is classified on the basis of product type, material, and end-use industry. The report offers the complete information about drivers, opportunities, restraints, segmental analysis and major players of the global market.

• Factors Affecting the Market Growth

As per our analyst, increasing demand of cables for the industrial development is predicted to be the major driving factor for the cable management system market in the forecast period. On the other hand fluctuation of the raw material is predicted to be the biggest restraints for the market in the forecast period.

• Cable Conduits is Predicted to Grow Enormously

On the basis of product, the cable management system market is further bifurcated into cable trays, cable trunks, cable conduits, boxes, connectors and distribution boards and others. Increasing demand and the installation activities by various sectors such as manufacturing, public infrastructure, oil & gas, healthcare is predicted to drive the segment market in the forecast period.

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• Metallic Segment is Predicted to Have the Highest Market Share

On the basis of material, the cable management system market is further bifurcated into metallic and non-metallic. Metallic segment is predicted to have the maximum market share in the forecast period. Increasing use of metallic segment in various end use industries is predicted to boost the segment market in the forecast period.

• IT & Telecom is Predicted to Have Maximum Growth Rate

On the basis of end use, the cable management system market is further bifurcated into IT & telecom, manufacturing, energy & utilities, healthcare, oil & gas, public infrastructure, commercial, residential and others. IT & Telecom segment is predicted to grow enormously with highest growth rate. Increasing investment in cable management in development of IT and telecom sector is predicted to drive the segment market in the forecast period.

• Regional Breakdown of the Market

On the basis of region, the cable management system market is further bifurcated into North America, Asia-Pacific, Europe and LAMEA. North America region market is predicted to have the highest market share in the forecast period. Government initiative with better telecom facilities and increasing customer purchasing power is predicted to boost the region market in the forecast period.

• Top Companies Leading the Market

The major key players in the cable management market are Eaton, Prysmian Group, Panduit, Leviton Manufacturing Co., Inc., Atkore International, NEXANS, Chatsworth Products, Schneider Electric, ABB and LEGRAND among others.

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Business Overview: Servo Motors & Drives Market Sees Promising Growth in 2020

The COVID-19 pandemic is anticipated to impact the global servo motors and drives market marginally. Hardware offering segment is expected to harvest highest revenue in the predicted period. The fieldbus communication protocol type is anticipated to dominate the market. The stainless-steel material of construction segment is anticipated to be highest revenue generator in the forecast period. The automotive and transport industry segment is expected to be the lucrative growth segment. Based on region, the Asia-Pacific region is anticipated to enhance the market demand in the forecast period.The world is facing an unpredicted change and many of the industries are experiencing thought frustrating situations due to the COVID-19 pandemic. The COVID-19 outbreak has impacted global servo motors and drives market marginally. The enforcement of lockdown in different parts of the world has ceased functioning and disrupted the availability of raw materials used in the manufacturing of servo motors and drives. Thus, during this pandemic it is anticipated that global servo motors and drives market will be affected marginally. However, increasing use of servo motors & drives in attaining position control in robots, automation, and others is expected to enhance the development of the market after the end of pandemic stress. For example, a servo motor is used in every joints of robots that helps to move which in turn aids for precise angle. During this coronavirus crisis situation, we are helping our clients in understanding the impact of COVID-19 on the global servo motors and drives market.

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Our report includes:

• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

according to a new report published by research dive, the global servo motors and drives market is anticipated to generate a revenue of $19.06 billion by 2027.

Servo motors and drives are utilized to attain position control to improve system disturbances and errors in various gadgets such as robots, conveyor belts, automotives, and others. These motors and drives are small in size that are energy efficient and has remote control facility. The global servo motors and drives market is segmented on the basis of offering, communication protocol, industry, and region.The report provides detailed information about drivers, opportunities, restraints, segmental analysis, and competitive players of the market. As per our analysts,mounting use of servo motors and drives for position control in robots, automotive, conveyer belts, and others is anticipated to drive the demand of the global market in the projected time.

• Hardware Offering Segment is anticipated to be Highest Revenue Generator in the Global Market

Based on the offering, the global servo motors and drives market is divided into software & services and hardware. Among these, hardware segment is to be highest revenue generators in the market due to utilization of servo motors & drives in hardware applications, drive parts, and developments. For instance, recent developments in AI, cloud computational methods, and IoT has enhanced the development of servo motors and drives.

• Feildbus Communication Protocol Segment is anticipated to be Dominating in the Projected Period

On the basis of protocol segment, the global servo motors and drives market is classified into industrial ethernet, fieldbus, and wireless. Out of these, fieldbus communication protocol segment is predicted to be dominating in the global market. This communication protocol requires low investment; low operation cost, with enhanced network productivity, and helps to increase the productivity of the machinery.

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• Stainless Steel Construction Material Segment is anticipated to be Highest Revenue Generator in the Global Market

Based on the construction material, the global servo motors and drives market is divided into stainless steel and others. Among these, stainless steel segment is anticipated to be highest revenue generator in the global market owing to the reduced effort by servo motors and drives that are fabricated using these materials. In addition, servo motors and drives that are manufactured using non-hardened steel material are able to withstand high-pressure wash down, erosion, and dust.

• Automotive and Transport Industry Vertical is predicted to be Fastest Growing Segment in the Forecast Period

On the basis of industry, the global servo motors and drives market is classified into packaging, petrochemicals, textile, automotive and transport, pharmaceuticals and healthcare, printing and paper, food processing, semiconductors, electronics, and others. Out of these, automotive and transport industry segment is predicted to be fastest growing segment in the market owing to the controlled frameworks, fuel infusion frameworks, and others such as advancements and adoption of hybrid and electric automotives.

• Regional Outlook and Major Market Players

The global servo motors and drives market is studied across North America, Europe, Asia-Pacific, and LAMEA. Among these, the Asia-Pacific region is anticipated to generate highest revenue in the market. Rising investment in industrial automation to improve the operations has enhanced the demand of the servo motors and drivers in this region.

The most prominent players in the global servo motors and drivers market are Uponor Corporation, Honeywell International Inc, Mitsubishi Electric Corporation, REHAU AG ABB Ltd., Yaskawa Electric Corporation, Schneider Electric, Siemens AG, Mitsubishi Electric Corporation, Rockwell Automation Inc., Delta Electronics, Inc., FANUC Corp., Kollmorgen Corp., Bosch Rexroth AG, and others.

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Wednesday, March 10, 2021

Competitive Scenario: Protective Relay Market Revenue, Growth Rates, and Industry Challenges in 2027

The Covid-19 pandemic has negative impact on the global protective relay market. The medium segment will garner a considerable amount of the global market share. The feeder protection relay is expected to witness high growth rate in the forecast period. The Asia-Pacific region will generate huge investment opportunities in the forecast period. The key players of the market are concentrating on various strategies to sustain in these trying times.The world is facing an unexpected change and many of the industries are experiencing thought provoking situation due to the COVID-19 pandemic. Previous to the COVID-19 pandemic, there was high growth rate in protective relay market owing to the increase in usage in various industries includes power, industrial, and others. But, since the occurrence of COVID- 19 outbreak, it has been witnessed that above mentioned industries have faced negative impact due to shortage in supply of raw materials that slow down the production and hampers the demand of protective relay devices. More than 41% electricity are consumed by industrial for operating machineries, followed by 25% for domestic and 18% for agricultural purposes. Though the business across the world is completely in the lock-down, majority of the industrial and commercial activities in the country, have seen a considerable decline in demand for electricity. Which eventually reduced the need of protective relay devices. In the course of this chaos, we are offering complete support to our clients in understanding the influence of COVID-19 on the global protective relay industry.

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Our report consists of:

• Technological Impact
• Social Impact
• Investment Opportunity Analysis
• Pre- & Post-COVID Market Scenario
• Infrastructure Analysis
• Supply Side & Demand Side Impact

according to a recent report published by research dive, the global protective relay market is anticipated to garner $2.92 billion by 2027, growing at a health cagr from 2019 to 2027.

The report segments the global market on the basis of voltage, application, end use and regions. This report is a comprehensive analysis of recent drivers, key segments, opportunities, restraints, and major players of the market.

• Factors Affecting the Market Growth

As per the report, growing population and usage of machinery are expected to greatly fuel the growth of the protective relay industry, during the forecast period. On the other hand, high installation and maintenance cost is likely to hamper the development of the global protective relay market.

• The medium segment will be the most lucrative till 2026

Based on voltage, the global protective relay market is divided into low, medium, and high. Among these, the medium segment will have a dominating share in the global market and they are expected to register a significant revenue during the forecast timeframe. Medium voltage protective relay systems are increasingly being used in substations and power systems. Further, they are majorly used in residential settlements, shops, and showrooms.

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• Feeder Protection segment expected to register maximum growth

Based on application, the global protective relay market is divided into feeder protection, generator protection, bus-bar protection, capacitor bank protection, breaker protection, transformer protection, and others. Among these, the feeder protection relay segment is anticipated to register significant growth during the forecast period owing to have the capability to protect the overhead lines and power cables. These overhead power transmission lines are usually lengthy and are operated in harsh open environments which majorly increase the chances of faults and abnormality.

• The power segment will grow exponentially over the forecast period

Based on end use, the global protective relay market is divided into industrial, government, power and others. Among these, the power segment as an end-use industry will grow exponentially during the forecast period. The significant rise in population and increased electricity consumption in households are the major factors driving the growth of the power segment.

• Regional Breakdown of the Market

Regionally, the report evaluates the global market across North America, Europe, Asia Pacific, and LAMEA. Among these, Asia Pacific region is expected to hold the largest market share in the protective relay market during the forecast period. Growing infrastructural development in the power industry and a significant rise in investments related to the renewable energy sector are the major factors driving the growth of protection relay systems in the region.

• Top Companies Leading the Market

The major players of the global protective relay industry are Siemens, Doble Engineering Company, GENERAL ELECTRIC, Fanox, NR Electric Co., Ltd., ABB, Eaton, Schneider Electric, TOSHIBA CORPORATION, and Mitsubishi Electric Corporation. These players are implementing various business strategies like mergers and acquisitions, collaborations & partnerships in order to gain a major market share in the global industry.

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