Global Organoid Technology Market is projected to boom at a CAGR of 28.11% during the forecast period

Organoid refers to grow organs under lab conditions. It can also be referred to as 3D cell culture technology which leads to the formation of organs that can be used to replace or regenerate any diseased tissue or organs.

This report provides forecast and analysis of the global organoid technology market which is projected to fuel at an impressive CAGR of 28.11% during the forecast period of 2018-2024. The growth of the market is majorly attributed to the significantly growing healthcare industry throughout the globe. The increasing investments in healthcare research coupled with the growth in the biotech industry are also considered as the driving factors for the growth of the market during the forecast period. Moreover, growing ethical concerns regarding animal testing is further leading to a ban on animal testing is also anticipated to positively impact the growth of the market. The global organoid market has been segmented on the basis of type, application, and geography. North America and Europe are projected to hold a major market share on account of increasing investment towards research and development for the organoid technology, and the availability of a well-developed healthcare system coupled with stringent regulations against animal testing which have significantly encouraged the use of organoids for research purposes. Asia Pacific is projected to grow at a noteworthy CAGR throughout the forecast period owing to the growing support of the government for the drug development projects coupled with increasing investments in the healthcare sector and high economic growth.

On the basis of application, the market is segmented on the basis of cancer research, biomedical research, regenerative medicine, personalized medicine. Cancer research is expected to show promising growth as the organoid technology further helps to develop more physiological cancer models which are essential for a more efficient study of cancer and help develop novel treatment regimens for patients with cancer. Furthermore, the rising investments and participation of key players and new partnerships will also play a role in augmenting the market growth. For instance, in July 2019, the UK-based pre-clinical and clinical research services company, Epistem Limited, signed an agreement with Hubrecht Organoid Technology (HUB) to expand its in vitro model portfolio by delivering an increased range of multi-species organoid models. Similarly, in March 2019, Yamaha Motor Co., Ltd entered into a collaborative research project with the Netherlands-based leading organoid research center, Hubrecht Organoid Technology (HUB), to accelerate technology development while jointly analyzing business opportunities in this research field.

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Some of the major players covered as part of the report are Cellesce Ltd, StemCell Technologies, Organoid Technologies GmbH, QGel SA, Trevigen Inc., and CORNING Incorporated among others.

This report segmented the global organoid technology market on the basis following terms:

By Type 

Cerebral Organoid

Thyroid Organoid

Thymic Organoid

Testicular Organoid

Hepatic Organoid

Others

By Application

Cancer Research

Biomedical Research

Regenerative Medicine

Personalized Medicine

By Geography

  • North America

   USA

   Canada

  • South America
  • Europe

   Germany

   France

   United Kingdom

  • Middle East and Africa
  • Asia Pacific

   China

   Japan

   Australia

Automated Material Handling Market estimated to grow at a CAGR of 9.43% to reach US$40.958 billion by 2024

Automated material handling (AMH) refers to any automation that reduces or eliminates the need for manual labor to do a certain task. Automated Material Handling system is an integrated system which involves activities such as handling, storing, and controlling of materials. The system is properly designed to ensure the minimum cost and compatibility with other manufacturing equipment while meeting the safety concerns. Automated material handling solutions eliminate the need for manual labor to perform different tasks such as sorting and optimizing among others.

According to the report, the Automated Material Handling Market is projected to increase at a CAGR of 9.43% over the forecast period.

Growing focus on the workforce safety in hazardous working environments is the major driver of automated material handling market. Stringent government regulations to ensure proper safety of workers in different countries is significantly encouraging employers to opt for automation solutions at workplace. For example, in the U.S., OSHA (Occupational Safety and Health Administration) ensures that employers must comply with all applicable standards while employees work in a safe and healthy environment.  High number of workplace injuries has also led to the adoption of automated material handling solutions across various industries. According to the U.S. Bureau of Labor Statistics, workplace injuries have declined by 25 per cent in 10 years due to the advent of advanced technologies at workplace. Growing e-commerce industry is another major factor that is boosting the demand for automated material handling systems and solutions. This has been on account of additional requirement of warehouses and solutions which can assist in improving business process efficiency while lowering the operational cost.

Geographically, automated material handling market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. North America and Europe hold significant market share on account of early adoption of automated solutions across various end use industries on account of strict regulations and standards regarding workers’ safety. Labor shortage is another factor that is driving the demand for automated material handling systems in countries like U.S. and Canada. APAC will witness a significant market growth rate during the forecast period owing to the booming e-commerce industry in countries like China and India.

Some of the major players covered as part of the report are BEUMER Group, Daifuku Co., Ltd, Swisslog Holding AG, Siemens AG, Konecranes Plc, and Murata Machinery Ltd. among others.

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This report segmented the automated material handling market on the basis following terms

  • By Product
    • Automated Guided Vehicle
      • Towing Vehicle
      • Unit Load Vehicle
      • Pallet Trucks
      • Fork Trucks
      • Hybrid Vehicles
      • Light Load
      • Assembly Line Vehicles
      • Custom AGVs
      • Others
    • Automated Storage and Retrieval System
      • Unit Load
      • Mini Load
      • Horizontal Carousels
      • Vertical Carousels
      • Robotic AS/RS
      • Others
  • By Industry Vertical
    • Manufacturing
    • Healthcare
    • Chemical
    • Paper
    • Food and Beverage
    • Warehousing
    • Others
  • By Geography
    • Americas
      • USA
      • Canada
      • Brazil
      • Mexico
      • Others
    • Europe Middle East and Africa
      • Europe
        • United Kingdom
        • Germany
        • France
        • Italy
        • Spain
        • Others
      • Middle East and Africa
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • South Korea
      • Others

 

Global Feed Enzymes Market is estimated to augment at a CAGR of 9.26% over the forecasts period

SUMMARY:

Enzymes, exogenous enzymes, supplemented with animal feed, are commercially available in the market worldwide and aid in enhancing the digestion processes. These enzymes are considered naturally safe and are important for animal nutrition.

This report provides forecast and analysis of the global feed enzymes market which is projected to fuel at an impressive CAGR of 9.26% to attain a market size of USD1,611.612 million by the end of 2024.

The market is expected to propel in the forecast period owing to the increasing demand for adequate animal nutrition keeping in view the growing animal population worldwide. Feed form an important part in livestock farming, accounting for more than 50%. Hence, the demand for feed enzymes holds immense market opportunity, burgeoning the growth of the global feed enzymes market during the forecast period and in the coming years. However, certain strict regulations in the regions of Europe and North America are expected to impede the market growth in these regions during the forecast period. This is because, the rules and regulations regarding animal welfare and food safety are highly regulated, and this require constant approvals for the sale of feed enzymes here. Based on enzyme type, the market is segmented into carbohydrase, phytase, and protease. Among these, phytase is the most used enzyme and is expected to hold a significant market share as this assist in better and efficient growth of the animals.

On the other hand, the carbohydrase enzyme is accounted for showing good growth in the forecast period. This is due to the fact that these include enzymes such as amylase and xylanase and helps in improving the digestibility of carbohydrates in animals. On the basis of livestock, the market is categorized into ruminants, swine, poultry, aquatic animals, and others. Poultry is accounted to hold a significant market share and is expected to continue to hold a dominant market share during the forecast period. As per the OECD and FAO estimates for agriculture for the time period 2018-2027, poultry is projected to bolster its position in the meat industry and is poised to hold over 40% share in the meat produced during the same period. While swine is also expected to hold a good market share owing to the presence of market players offering feed enzymes to this segment of livestock.

Geographically, the Asia Pacific region is expected to hold a significant share in the global feed enzymes market, especially in emerging economies such as India and China. This is because of the fact that these countries are the largest provider of meat and thus account for a major share of farm animals. Hence, increasing the market demand for feed and feed additives like feed enzymes in the forecast period. Additionally, the demand for locally-grown meat like pork is further fueling the market demand here.

Some of the major players covered as part of the report are BASF SE, DuPont de Nemours, Inc., and DSM.

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This report segmented the global feed enzymes market on the basis following terms:

  • By Enzyme Type
    • Carbohydrase
    • Phytases
    • Proteases
  • By Livestock
    • Ruminants
    • Swine
    • Poultry
    • Aquatic Animals
    • Others
  • By Form
    • Liquid
    • Dry
  • By Source
    • Plant
    • Animal
    • Fungi
  • Geography
    • North America
      • USA
      • Canada
      • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Others

 

 

The Growing Role of Access Control Systems

The global access control market is expected to grow from a market size of US$6.410 Billion in 2018 to US$9.194 Billion by 2024 with a CAGR of 6.20%. Access Control tools monitor access to environment, system or data to prevent any unauthorized intrusion or misuse of resources. It includes tasks starting with identifying the users’ credentials, checking their credibility through passwords, personal identification numbers, biometric scans, etc. in order to grant entrance to the user. Data, turning to be the biggest asset of the enterprises, demands to be protected from attacks by hackers or cybercriminals who have developed a keen interest and requisite skills to breach the security rules and escape unnoticed.

Factors such as technological advancements (encompassing homes and offices to industries and manufacturing), urbanization and globalization are major demand drivers for the access control market. Parallel to this, cybercrimes are also escalating. Digitalization of processes demands to protect the digital channels and the need to adhere to the safety compliances, imposed by the regulators, make it obligatory for the service providers to keep a robust access control system in place. Citizens’ Right to Privacy can be used as a tool to provide for punitive judgments to the offenders. The ultimate aim is to ensure safe and secure access to any resource.

Access Control Market Analysis by Product    

By product, the access control market is segmented into two broad categories: software and hardware. Hardware dominates the market with more than 80% share by dealing with bio-metrics, cards & readers, mobile phones, electric door lock, control panels etc. The software segment would see high increment owing to the technological innovations over the forecast period via Cloud and Internet of Things based access control systems.

Access Control Market Analysis by Geography

By geography, the access control market has been segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Asia Pacific region holds a notable share of the market and is expected to witness a healthy CAGR. The proliferation of the IT Industry due to urbanization and globalization in many countries like India is boosting the demand for access control systems. With the data getting accumulated and leveraged rapidly for a variety of reasons, more and more compliance policies and procedures are getting added to the laws framed by different regions such as North America and Europe. Some regions are more prone than their counterparts to fall prey to such malware or ransomware attacks.

According to the President’s Budget FY 2019 (United States), cybersecurity-related activities’ funding (CFO Act Agencies) saw an increase of 4.1% over FY 2018 by $583.4 million to reach an enormous corpus of $15 billion. The Department of Defence, which is highly susceptible to the data security breach, contributes $8.5 billion to it.

Trends that will matter

The market for Information Security or the amount estimated to be expensed on consultation or implementation of services revolving around data security is expected to grow at a lofty rate. Organizations not only suffer from loss of data or data integrity, but they also face impairment of their goodwill causing the share price to the tank (as in the case of Facebook). A data breach can leak passwords, credit card details, location and other private details. Having said that, this leaked data can be used to manipulate the people for the bad.
The latest tools that will be employed to attack the sanity of the data would be artificial intelligence and machine learning on mobile-based or cloud-based data. Also, as infrastructure technology moves into the 5G spectrum, there exists a possibility of a threat to the new technology and this calls for inspection and detection of the loopholes in this new technology which would involve more spending from the service providers’ end. Within a country, most vulnerable sectors are government, retail and technology.

Demand for jobs in Information security will be facing an upward trend. According to the US Bureau of Labour Statistics, the number of Information Security Analysts Job in 2018 was 112,300 but is expected to rise by 32% (average rate of all occupations is 5%) from 2018 to 2028. Information Security Analysts are involved in planning, developing and maintaining the security measures for safeguarding the networks and facilities of the organizations, and in case of a security breach, they are obligated to renovate the IT Structure which was taken advantage of. They also need to be cognizant of the state-of-the-art technology which can be employed to shield the information.

Analysis of the access control market makes it evident that this is going to be a sector that would be demanding as well as yielding at the same time. Accelerated advancement in access controls would make it even more complicated to manage.

Feed Additives Market estimated to grow at a CAGR of 4.53% to reach US$40.108 billion by 2024

Feed additives are non-nutritive substances that are added into animal feed to improve growth performance. These are specialty ingredients that provide nutritional value and preserve the feed from deteriorating too rapidly while adding a nutritious dimension for livestock including pigs, cattle, fish, and poultry. Feed additives provide essential nutrients in the concentrated form to enhance the nutritional level of the feed and lead to eco-friendly livestock production.

According to the report, the Feed Additives Market is projected to increase at a CAGR of 4.53% over the forecast period 2018-2024.

Growing global consumption of meat is the major driver of global feed additives market. According to the FAO, global meat consumption is projected to increase from 41.3kg per capita in 2015 to 45.3kg per capita in 2030. Rapid shift towards protein-rich diet is encouraging people to consume animal products including eggs, meat, fish, and pork. Growing concerns regarding environmental sustainability issues is another major driver of growing global feed additives market. According to the data provided by the United Nations, livestock generate 14. 5 per cent of global greenhouse gas emissions. The use of feed additives results in feed efficiency and thus, on animal as well as environmental performance.

Global warming has led to a rise of new animal diseases which is further boosting the demand for efficient feed additives in order to maintain proper health of livestock species. High livestock trade and animal movements during festive periods are commonly associated with the increased probability of disease spread (such as H5N1 HPAI) in countries like China and Vietnam. However, stringent government regulations regarding the use of certain feed additives is currently restraining the growth of global feed additives market. For example, the use of antibiotics in animal feed is completely banned in the U.S. and Europe. Another factor that is expected to hamper the growth of feed additives market during the forecast period is the emerging popularity of vegan diet and other protein-rich food items including plant based protein and insect protein.

Geographically, the market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. APAC is projected to witness a significant CAGR during the forecast period owing to the rapid rise in the livestock production in countries like China and India. Growing adoption of innovative agricultural and animal husbandry practices in APAC countries further contributes to the growth of feed additives market in APAC.

Some of the major players covered as part of the report are Cargill Incorporated, BASF SE, Novozymes, Adisseo France SAS, Nutreco, Chr. Hansen, Evonik Industries, Archer Daniels Midland Company, ALltech Inc., and DSM among others.

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This report segmented the Feed Additives market on the basis following terms

  • By Product Type

    • Antibiotic

      • Tetracycline
      • Penicillin
    • Enzyme

      • Carbohydrates
      • Phytases
      • Others
    • Vitamin

      • Vitamin A
      • Vitamin E
      • Vitamin B
      • Vitamin C
      • Vitamin D
    • Amino Acid

      • DL-Methionine
      • L-Lysine HCL
      • L-Threonine
      • L-Tryptophan
    • Antioxidant

      • Ethoxyquin
      • BHA
      • BHT
    • Acidifiers

      • Inorganic
      • Organic
      • Compound
    • Minerals

      • Micro
      • Macro
      • Others
  • By Livestock

    • Aquatic
    • Poultry
    • Swine
    • Cattle
    • Others
  • By Form

    • Dry
    • Liquid
  • By Source

    • Synthetic
    • Natural
  • By Geography

    • North America

      • USA
      • Canada
      • Mexico
    • South America

      • Brazil
      • Argentina
      • Others
    • Europe

      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa

      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific

      • China
      • Japan
      • South Korea
      • India
      • Others

 

 

The Global Demand for Enterprise Server Market Continue to Propel With the Growing Number of Data Centers With an Improved It Infrastructure

The market for the enterprise server market is expected to surge with a double-digit growth rate owing to a wide adoption of cloud computing among enterprises. Additionally, enterprise servers hold importance in mission-critical applications which usually fault-tolerant and utilize customized hardware and software having low failure rates, thus, maximizes the server uptime. Key features of an efficient enterprise server include data conflation, improved connectivity through effective network management, expedites streaming data connections via UDP broadcast and IP multicast technologies, provides benefit to organizations by making the most out of the limited IT resources, resulting in enhancing the IT productivity.

enterprise server market

Key Trends in 2019:

             1. Adoption of cloud-computing worldwide

Companies and organizations across the globe require an effective, secure and cost-effective solution to manage their data. Cloud storage solutions help companies and organizations reduce their operational costs by saving money on many fronts such as server maintenance, power and cooling costs, and software licensing and upgrade expenses. Many SMEs (Small and Medium Enterprises) with low budgets across the globe are adopting cloud computing solutions owing to the greater access to the internet. According to EuroStat, 26% of EU enterprises used cloud computing in 2018, which rose from 19% in 2014 and 21% in 2016.

Cloud-based solutions improve connectivity among employees and save time, resulting in increased efficiency of business operations. According to Flexera Software LLC, headquartered in the Itasca, Illinois, United States, the multi-cloud strategy is the most preferred choice among the enterprises accounting to around 80%. The adoption of public cloud increased from over 85% in 2017 to over 90% in 2018. Thus, the demand for cloud computing is increasing significantly among enterprises with the growing public cloud spending.

2. Growing IT investment

With cloud storage and cloud computing gaining traction and are being adopted by large and small businesses, the IT spending is also rising simultaneously. This is further providing an impetus to IT services in staying ahead in the current technology era. Modern digital technologies such as artificial intelligence (AI), virtual reality (VR) are coming into practice and the sector is being dominated by the cloud infrastructure. With more than half of the activities in most of the business enterprises are on the cloud-based platforms, the IT spending continues to soar with the surge in demand for these cloud-based solutions. Therefore, cloud computing, big data, and IT security have already been prioritized as the top drivers for IT spending. Many developing countries are investing heavily in information technology in order to achieve higher economic developments. The United States has invested the maximum of its total spending on information technology. Moving on to the Middle East region, the Kingdom of Saudi Arabia is also showing interest in investments in information technology on an international level.

3. Rapid growth of internet of things and big data

There will be an increasing number of connected devices in the coming years with the rapid adoption of the internet of things and this will create trillions of data every hour that needs to be handled, and here comes the big data which can easily solve the problem. Big data has the capacity to handle huge and complex data, Hadoop is the open-source software ecosystem which has the provision for an immense data storage and high processing power with the ability to manage virtually n number of tasks from the IoT devices. Thus, providing assistance in coping up with the increasing volumes of data and, in turn, fueling the market growth.

4. Growing number of data centers

As the number of data generated every year continues to soar showing no signs of slowing in the future as well, the companies are moving on to the expansion of their data storage capabilities with the growing adoption of cloud computing. Thus, the growth in the number of data centers provides an excellent option for managing huge volumes of data. Hence, with the increasing global demand for huge data storage, the number of data centers is also continuing to surge, propelling market growth as well. Additionally, the focus is being laid towards the hyperscale data centers, resulting in demand for servers. This is because of the fact that these hyperscale data centers rely on specialized infrastructure scaling cloud computing to achieve high performance, thus, contributing to reducing power consumption and lowering of carbon footprint. Europe houses the tech hubs in a number of major cities which include Dublin as the center of tech excellence with booming data centers, Netherlands as the fastest growing data center market, Germany having a high internet bandwidth capacity and London, which is referred to as the tech capital of Europe and one of the world’s largest data center markets. The City of London has one of the largest and the most comprehensive financial centers globally and is regarded by the investors because of its solid regulatory, legal and tax environments, known for its supportive market infrastructure and highly skilled and dynamic workforce.

Future Prospects:

Growing trend towards the adoption of AI and Machine learning in cloud computing

With technological advancements in the IT industry, AI and machine learning are proving to be a disruptive technology, providing benefit to enterprises across various industry verticals. As the companies are moving on to the adoption of cloud computing, AI is benefiting the companies in increasing the computation power with more sophisticated algorithms. The technology is becoming crucial in managing huge data overload with network devices carrying billions of gigabytes each day. With growing digitalization, AI along with cloud computing will further enhance the abilities of the cloud forming an “intelligent cloud” and will be helpful in predicting and analysing situations, thus serving as an intelligent platform for task performance without human intervention, thus avoiding human error.

The 3D Metrology Market is anticipated to attain a market size of US$15,748.559 million by 2024, growing at a CAGR of 9.79%

Knowledge Sourcing Intelligence announces the publication of a new report on “3D Metrology Market – Forecasts from 2019 to 2024" to their offering. 3D metrology solutions enable the measurement of different components that allows the manufacturers to adhere to industry standards and regulations.

The 3D metrology market is estimated to be valued at US$8,993.104 million in 2018 and is projected to expand at a CAGR of 9.79% to reach a market size of US$15,748.559 million in 2024. The growing focus by the manufacturers to optimize the cost of operations along with improving the development cycle is propelling the growth of the 3D metrology market. For instance, the automotive industry has to comply with regulations aiming to reduce environmental emission which is leading to automotive manufactures using different construction materials and new material combinations. As a result, the new materials must be tested so that it meets the requirement on performance, crash safety, and durability.

By industry vertical, the automotive industry is estimated to dominate the market in 2018 and is projected to continue to do so throughout the forecast period. Similarly, in the aerospace and defense industry, the number of commercial aircraft production is anticipated to increase on account of the growing demand for air travel. The 3D metrology solutions are used to provide the information regarding the load, fatigue, and damage tolerance of the material used while manufacturing aircraft. Moreover, it tends to reduce the cost of manufacturing aircraft by reducing the time for scanning the different components, thus providing the benefit of enhanced speed and throughput along with accuracy. Moreover, the healthcare industry has also been witnessing an increasing adoption of 3D metrology technology. It allows designing a significantly improved treatment package for the patients by giving more accurate scanning results. In fact, the manufacturers of medical devices are increasingly adopting 3D metrology solution due to its ability to provide high precision required for the production of medical devices.

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Some of the major players covered as part of the report are Faro Technologies, Inc., Hexagon AB, Nikon Corporation, Zygo Corporation, Advantest Corporation, and GOM GmbH among others.

The 3D metrology market has been analyzed through the following segments:

By Solution Component

Hardware

Software

Services

By Product

Optical Digitizer and Scanner

Coordinate Measuring Machine

Video Measuring Machine

By Industry Vertical

Automotive

Aerospace and Defense

Healthcare

Construction

Energy and Power

Consumer Electronics

Others

By Geography

Americas

North America

South America

Europe Middle East and Africa

Europe

Middle East and Africa

Asia Pacific

Global Biosimulation Market is projected to soar with an impressive CAGR of 16.54% over the period 2019-2024

Biosimulation holds immense opportunity for the market to thrive during the forecast and coming years with the growing curiosity among the healthcare professionals and patients regarding prevention against chronic and many other diseases.

This report provides forecast and analysis of the global biosimulation market which is estimated to propel at a CAGR of 16.54% to reach a market size of US$4,673.474 million by the end of 2024.The market is expected to foresee a significant growth during the forecast period owing to the growing geriatric population worldwide where biosimulation may be helpful in finding an effective cure for the treatment of age-associated diseases, contributing towards healthy aging. Additionally, with the increasing number of chronic diseases worldwide, the market for biosimulation is further projected to grow at a significant rate during the forecast period. The growing investment in research and development along with technological advancements in the drug development processes is fueling the market demand in the forecast period and in the coming years. Also, with the trend of personalized medicine gaining traction owing to the emergence of new diseases is further creating a favourable environment for the market to thrive in the forecast period and in the coming years in order to find targeted therapies for diseases. 

However, stringent regulatory procedures for the development and approval of drugs and medical devices may pose a threat in hampering the growth of the global biosimulation market in the forecast period. Increasing collaborations and partnerships among many organizations in the world for drug discovery and drug development via biosimulation is further bolstering the market growth in the forecast period and in the coming years. Geographically, North America is expected to hold a significant market share in the global biosimulation market owing to the early adoption of innovations and a shift from the volume-based care to the value-based care. Additionally, the highest health expenditure of the United States from the North American region is further burgeoning the market demand in this region.

Some of the major players covered as part of the report are Certara USA, Inc., Schrödinger, LLC, and Simulations Plus.

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This report segmented the global biosimulation market on the basis following terms:

  • By Type

    • Software
    • Services
  • By Application

    • Drug Development
    • Drug Discovery
    • Others
  • By End-User Industry

    • Pharmaceutical Companies
    • Academic Institutions
    • Research Organizations
    • Others
  • Geography

    • North America

      • By Type
      • By Application
      • By End-User Industry
      • By Country

        • USA
        • Canada
        • Mexico
  • South America

    • By Type
    • By Application
    • By End-User Industry
    • By Country

      • Brazil
      • Argentina
      • Others
  • Europe

    • By Type
    • By Application
    • By End-User Industry
    • By Country

      • Germany
      • France
      • UK
      • Spain
      • Others
  • Middle East and Africa

    • By Type
    • By Application
    • By End-User Industry
    • By Country

      • Israel
      • Saudi Arabia
      • Others
  • Asia Pacific

    • By Type
    • By Application
    • By End-User Industry
    • By Country

      • China
      • Japan
      • South Korea
      • India
      • Others

 

 

 

4D Printing : A Revolutionary Change In Additive Manufacturing

4-D printing which is also called as 4- dimensional printing or active origami uses the same techniques that are used in 3-D printing which is made possible through computer programmed deposition of materials in successive layers to create a 3D object. However, 4D printing adds the dimension of time which means the printed product changes it’s form after reacting to various environmental factors such as pH, temperature, water, light and some other forms of energy and factors. 4D printing also requires some special materials such as hydrogels, shape memory polymers which can reacts to triggers. 4D printing makes use of different materials which possess different properties and react to different environmental factors, those materials include thermo-responsive, moisture-responsive, photo-responsive and other materials. Basically 4D printing is an extension of 3D printing technology which provides users with the benefits such as enhanced efficiency, quality and performance capabilities.4D printing also improves the overall speed of the manufacturing cycle. 4D printing technology has many uses in different industries and can revolutionize the way they work. It finds applications in automotive, aerospace and defense, healthcare and other industries.  

Current Scenario in 4D printing Space:

1) The need for 4D printing to rise in coming years

3D printing technology has been is use for quite some time now and has applications in many industries providing with quality and efficient solutions 4D printing, which belongs to the semiconductor category, is relatively new and a significant improvement over 3D printing. 4D printing holds immense potential to grow over the coming years. The demand for better and efficient materials and improving the efficiency and speed of the manufacturing cycle are some factors which will play a role in the growth of the 4D printing market. Moreover, unlike 3D printing which is used for making static structures, 4D printing can be used to create structures whose shape and form can be altered and can be used for a wide variety of applications according to the requirement of the process.

2) Research and development in 4D printing to unlock more possibilities

Major companies, industries, and sectors are starting to prefer and demand the more advanced 4D printing due to that fact that they are very useful in optimizing various manufacturing lifecycle and improving the quality of the product. This demand is facilitated by all the advancements and improving technologies 4D printing in the past few years and investments made in the market.  Thus, increasing the participation of big players along with the entry of new players to research and develop 4D printing further to better understand and make use of  it is set to propel the 4D printing market growth. For example, The United States Army Research Office has provided around $855,000 in grants to the researchers of Harvard School of Engineering and Applied Sciences (SEAS), the University of Illinois and the University of Pittsburgh Swanson School of Engineering to develop 4D materials for military advancements. In 2018, BMW and MIT developed an inflatable material that changed shape and size under the effect of air pulses for use in automotive applications. Doctors at the University of Michigan’s CS Mott Children’s Hospital have developed a 4D printed airway splint for infants suffering from tracheobroncomalacia, a condition that cause the windpipe to collapse, so in this situation the airway splints can keep the trachea open can open up to twice their size and aid children until the children are strong enough. Also, Airbus is working with MIT to develop a component for the inlet of air that would be made using carbon fiber, that would automatically adjust to control the airflow which can be used to cool the engine, due to which the fuel consumption will decrease , thus improving fuel efficeincy and also the heavy mechanical control required will be removed.

3) Different Sectors to show growth

There are some industries which will benefit from the use of 4D printing technology which would enhance and increase the efficiency of products and processes. Like in the healthcare sector, the 4D printing technology can be used for the development of intelligent devices, implants, tissue engineering, self assembling biomaterials, and nanorobots for chemotherapy. As there is increasing demand for development of some implants which grow with the patient or implants which can change it’s shape and body size according to the changing environment of the body can effectively aid in patient treatment will help bolster the market growth. Moreover, as the investment in regenerative medicine is increasing, it will also boost the market growth of 4D printing.  In the aerospace and defense industry, 4D printing facilitates different applications such as self-deploying structures for air ventilation, engine cooling and other purposes, it can also be used to create advanced materials and composites that take a definite shape or perform a particular function.  In fact, the market analysis shows that the 4D printing is finding it’s way into every major sector slowly and gradually which means that in a few years there 4D printing would find it’s way in numerous industries making different processes easier and improving the qualities and properties of products.

Conclusion:

Currently, thermo-responsive 4D printing holds a significant share in this market and is anticipated to witness a fast growth rate in the upcoming years due to the burgeoning demand from many countries and industries.  With respect to current market trends, it is anticipated that the software-based robotic vision systems will flourish in the upcoming years with demand being generated from various regions and sectors. The growing need for better printing and manufacturing technology such as 4D printing which ensure that a process is completed efficiently, with reduced labor costs and within the least time and produces high quality end product  will continue to play a central role in driving this market and will attract a lot of new entrants who will bring new and better changes in 4D printing. Thus, the market will remain competitive in the upcoming years and it is projected to show modest growth in the upcoming years. 

Industrial Safety a Way to Safeguard Human Life

Industrial Safety Market is projected to expand at a CAGR of 7.72% to reach $7.103 billion by 2024, from $4.545 billion in 2018. Industrial Safety Market comprises of sensors, logic solvers, and final control elements to ensure process safety in a plant when predetermined conditions are violated. The growth of the market is influenced significantly by government regulations such as EU Machinery Directives and North America’s OSHA standards. Apart from government regulations, technological advancements and increasing demand from developing nations are driving the growth. However, the major limiting factors are the complexity of standards, lack of awareness and the high cost of Industrial Safety products.

Industry safety products help in creating a safe and secure working environment for workers in an industry. Industry safety product is segmented into Fire and Gas monitoring and Control, Burner Management System (BMS), Turbomachinery Control (TMC), High Integrity Pressure Protection Systems (HIPPS) and Emergency Shutdown Systems (ESD). Industrial safety products are required for personnel and asset protection.

Industrial Safety Product Market, by Segments

  • Burner Management System

BMS is a safety solution for power generation facilities that enables the safe start-up, operation, and shut down of the multiple burner furnace sections of a boiler. It reduces maintenance, improves uptime, and provides a safe environment for the boiler and plant personnel. Multiple-burners are typically used in dryers, incinerators, and in almost all chemical heating appliances. Gas-powered burners are utilised more due to their operating efficiencies and easy availability of natural gas.

  • Fire and Gas Monitoring and Control (F&GM)

The F&G safety system continuously monitors for abnormal situations such as a fire. Or a combustible or toxic gas release within the plant and provides an early warning and mitigations actions to prevent escalation of the incident and protect the process and environment. Oxygen analyzers, detectors and monitors are widely used in automotive, smart cities & building automation, food & beverages, and other industrial applications.

  • High Integrity Pressure Protection Systems (HIPPS)

A high integrity pressure protection system is a type of safety instrument system (SIS) designed to prevent over-pressurization of a plant, such as a chemical plant or oil refinery. The HIPPS will shut off the source of high pressure before the design pressure of the system is exceeded, thus preventing loss of containment through the rupture of a line or vessel. HIPPS market is increasing due to  government imposition of regulatory norms for the protection of environment, equipment, and personnel.

  • Turbomachinery Control (TMC)

TMC controls the speed of stream, hydro, and gas turbines while ensuring over-speed protection. Surge protection for compressors, enabling users to operate closer to the surge curve safely. Load balancing between compressors or generators to allow for more efficient use of resources.

  • Emergency Shutdown Systems (ESD)

ESD is designed to minimize the consequences of emergency situations, related to typically uncontrolled flooding, escape of hydrocarbons, or outbreak of fire in hydrocarbon areas or areas which may otherwise be hazardous. Recovering oil and gas prices and increasing upstream activity is going to increase the demand for ESD. New refinery projects across India, Norway, Denmark, Uzbekistan, and Kuwait among other potential customers will increase the demand for ESD systems.

Industrial Safety Product: Use, Trends, and Opportunities

  • Growing demands for ESD systems (Emergency Shutdown Systems) in process and discrete industries. Oil and Gas plants are prone to incidents that can adversely affect people and the environment.
  • The industrial safety system ESD can reduce the risk of accidents in Oil and Gas plants.
  • ESD systems are widely used in petrochemicals, pharmaceuticals, manufacturing, power, and healthcare industries.
  • Safety sensors are used in automatic safety barriers, edges, electronic safety sensors, palm buttons, mats, optoelectronic devices (single and multiple beams), lights curtains, etc.
  • Safety sensors are used for ensuring safe and logic-based outputs in case a measurement or signal transmission does not occur.
  • HIPPS are used to safeguard pipelines, vessels and process packages against overpressure.
  • Fire and gas monitoring system provide early warnings to prevent escalations and it continuously monitors fire or combustible/Toxic gas leakages.
  • The market for programmable safety systems is expected to grow substantially due to its end-use and interoperability with other systems.

What The Future Holds

  • The rising demand for industrial safety systems in the oil and gas, automotive, and construction sectors are reasons for huge demand and for the evolution of the market.
  • The stringent laws and regulations implemented by the government for the safety of the industrial workforce and for protection of the environment from hazard.
  • The government's focus on creating a safer work culture has given rise to creating safety systems as a mandatory part.
  • Increasing awareness about occupational hazards and way to counter them will help to increase the market.
  • Emerging economies like India and China are implementing are adopting industrial safety mechanisms.
  • A growing number of businesses in end-use industries are making industrial safety a crucial part of employee policies.
  • The implementation of workplace safety and health standards in numerous industries is uplifting the industrial safety market.
  • Increased implementation of Automation systems, combined with safety awareness, is driving the market.
  • Demand for safety equipment and the need for simplified configuration.
  • China’s has surges sharply due to expansion of the petroleum industry, improvement in living standards, and the development of gas infrastructure.
  • Recovering oil and gas prices and increasing upstream activity is going to increase the demand for ESD.
  • New refinery projects across India, Norway, Denmark, Uzbekistan, and Kuwait among other potential customers will increase the demand for ESD systems.