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The global permanent magnet market size is expected to reach $34.70 billion by 2026 owing to the rising need for energy and the use of strong magnets for power generation. A permanent magnet is a device that can retain its magnetic properties despite being in an atmosphere with no magnetic field. A permanent magnet can also be called a hard magnet due to properties such as large magnetic moment, and low permeability. Permanent magnets are used in various kinds of loudspeakers, and other home appliances, and are available in variety such as ferrite magnets, alloy magnets, bonded magnets, and others. According to a recently published report by Fortune Business Insights titled, “Permanent Magnet Market Size, Share & Industry Analysis, By Type (Neodymium Iron Boron (NdFeB), Ferrite, Samarium Cobalt (SmCo), Aluminum Nickel Cobalt (Alnico), and Others), By Application (Consumer Electronics, Automotive, General Industrial, Medical Devices, Energy, and Others), and Regional Forecast, 2019-2026,” the market value stood at $17.85 billion in 2018 and will exhibit a CAGR of 8.7% in the forecast duration set between 2019 to 2026.

SMMV Manufacturing Plant in Vietnam to Strengthen Portfolio by Increasing Production Capacity

Shin-Etsu Magnetic Materials Vietnam Co., Ltd. (SMMV) completed constructing a manufacturing plant for rare earth magnet in Hai Phong Province of Vietnam in the year 2016 and started operating from June 2017. Rare earth magnets are used for a variety of applications such as electric and hybrid automobiles, hard disk drives, and energy-saving air conditioners. The SMMV aims at multiplying the production capacity by two times up to 2,200 tons of earth magnet on an annual basis. The magnets produced in this plant will be shipped t0o end-users after processing them in other plants located in different nations across Southeast Asia. Such initiatives taken by market vendors are likely to aid in the expansion of the market in the future years.

Browse Complete Report Summary: https://www.fortunebusinessinsights.com/permanent-magnet-market-102776

Increasing Use of Neodymium Iron Boron Will Add Impetus to Market

The increasing demand for consumer electronics is a major permanent magnet market growth. This includes gadgets such as Music systems, computers, laptops, mobile phones, and others. In addition to this, the increasing use of neodymium iron boron (NdFeB) with its beneficial properties such as repulsion, attraction, and energy conversion will also aid in the expansion of the market in the coming years.

On the negative side, the fluctuating prices of raw materials such as alloys, and increasing prices of energy may cause major hindrance to the overall market in the coming years.

Players Aiming at Setting up Bases in China to Gain Competitive Edge

China holds an estimate of more than 70% of the market share. Therefore, players are aiming at expanding their geographical base in this nation and investing heavily in the same for gaining an upper hand on resources and production while cutting down the export cost. Besides this, vendors are engaging in mergers and acquisitions, contracts and agreements, joint partnerships, and other collaborative efforts to attract high revenue to the market in the forthcoming years.

Significant Industry Developments of Market include:

May 2018 – A consolidated subsidiary of Santoku Corporation was acquired by Hitachi Metals Ltd. for turning it to a wholly-owned subsidiary to strengthen the cooperation between companies and accelerate the process of decision making.

February 2019 – A new research and development facility was formed by Arnold Magnetic Technologies at the MGE Innovation Center complex located in Wisconsin, United States.

List of Notable Market Manufacturers are:

• Hangzhou Permanent Magnet Group • Electron Energy Corporation • Anhui Earth-Panda Advance Magnetic Material Co., Ltd. • TDK Corporation • Tengam Engineering, Inc. • Daido Steel Co., Ltd. • Bunting Magnetics Co. • Arnold Magnetic Technologies Corp. • Alpha Magnet • Shin-etsu Chemical Co., Ltd. • Tridus Magnetics and Assemblies • Adams Magnetic Products Co., Inc. • Ningbo Yunsheng Co. Ltd. • Hitachi Metals, Ltd. • Integrated Magnetics Further Report Findings

• Asia Pacific held the dominant permanent magnet market share with a revenue of USD 13.82 Billion in 2018, attributed to increasing demand for consumer electronics and applications running on energy.

• Based on segmentation by application, the market is dominated by the consumer electronics segment on account of 36.7% share on account of the demand for various devices such as smartphones, laptops, speakers, and others.

The global window films market size is expected to reach USD 2.90 billion by 2027, exhibiting a CAGR of 5.71% during the forecast period. The introduction of new windows films with high aesthetics will foster healthy growth of the market, states Fortune Business Insights, in a report, titled “Window Film Market Size, Share & COVID-19 Impact Analysis, By Type (Sun Control Films, Decorative Film, Safety & Security Film, Privacy Film, and Others), By Application (Automotive, Building & Construction, (Residential and Commercial), Marine and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 2.44 billion in 2019. The occurrence of coronavirus has caused enormous damage to various businesses across the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.

Browse In-depth Summary of This Research Insight@ https://www.fortunebusinessinsights.com/window-film-market-102081

The Report lists the Key Companies in the Window Films Market: • 3M Company • Eastman Chemical Company • American Standard Window Film • Madico Inc • Hanita Coatings • Solar Gard Performance Plastics • Toray Plastics (America) Inc. • Armolan Window Film • Reflectiv • Jupiter International • Other The report on thewindow film marketfeatures: • Exceptional insights into the market • All-inclusive facts and figures • Latest industry development • Data about the prominent players • Dominating regions in the market • COVID-19 Impact

Regional Analysis: Window Retrofitting Activities to Promote Market in North America The market in North America is expected to hold the largest share in the global market during the forecast period owing to the high demand for sun control films to limit the penetration of sunlight vehicles in the region. Moreover, increasing window retrofitting activities will influence the healthy growth of the market in the region. Europe is expected to hold a significant share owing to the increasing demand for automotive films in various countries such as Germany, France, the UK, and Russia. Furthermore, the demand for glass facades and curtain walls will fluence a healthy growth of the market in Europe. Asia Pacific is expected to witness a high growth rate owing to increasing constriction activities in the developing nations. Key Development: August 2018: XPEL, Inc., a supplier for paint protection and windows films, acquired three franchisees of Protex and also the assets from E-shields Heaths. The company aims to re-brand and commercialize the products as a part of the company’s version of the architectural business through this acquisition. Market Driver: Emphasis on Energy Efficient Buildings to Stimulate Growth The growing focus on eco-friendly and energy-efficient buildings will enable speedy expansion of the market. The high demand for energy-efficient constructions is due to increasing global warming and climate change, in turn, augmenting the growth of the market. Furthermore, the utilization of window films reduces energy consumption by 35% while also improving ambient cooling drastically. Films are designed to diminish energy consumption and CO2 emissions of buildings, thus benefiting the environment. Moreover, increasing infrastructure development can spur opportunities for the market in the forthcoming year. Likewise, the stringent government regulations for the construction of green buildings will consequently aid the expansion of the market. Slashed Car Sales to Badly Affect Market During COVID-19 The massive drop in car production and sales has negatively impacted the global market. The disruption caused by coronavirus on manufacturing plants and factories will dampen the growth of the market. The stringent regulations implemented by governments will further thwart the development of the market. The declined footfall in car showrooms is expected to inhibit the growth of the market amid coronavirus. Additionally, the deteriorating demand for passenger cars in various regions of the world will simultaneously dwindle the market. However, the businesses are expected to recover in the coming months, which, in turn, will aid the retention of the market.

The global advanced ceramics market size is projected to reach USD 1, 80,463.4 million by 2028. Fortune Business Insights™ presented this information in a new report, titled, “Advanced Ceramics Market, 2021-2028.” The report further mentions that the market stood at USD 82,972.9 million in 2020. It will exhibit a CAGR of 10.2% during the forecast period between” 2021-2028. The ongoing technological advancements and rising demand for modern consumer electronic appliances are expected to propel the need for electro ceramics. Advanced ceramics is extensively used in such products because of their possession of multiple beneficial properties, such as compressive strength. Report Coverage- The research report of the advanced ceramics industry offers a comprehensive analysis of existing companies that can affect the market outlook throughout the forthcoming years. In addition to that, it provides an accurate assessment by highlighting data on multiple aspects that may contain growth drivers, opportunities, trends, and hindrances. It also represents the overall market size from a global perspective by analyzing historical data and qualitative insights. Browse Complete Report Summary: https://www.fortunebusinessinsights.com/advanced-ceramics-market-105073 Competitive Landscape- Key Companies Aim to Participate in Acquisition Strategy to Compete with Their Rivals The market houses several prominent manufacturers that are focusing on various organic and inorganic strategies to compete with their rivals. Among them, acquisition is the most significant strategy. International Syalons, for instance, is a leading producer of silicon nitride and sialon-based ceramics. It often participates in mergers and acquisitions to broaden its footprints and generate more sales.

Shutdown of Manufacturing Plants amid COVID-19 Pandemic May Impact Growth Numerous companies in the U.S. and other countries have closed their manufacturing plants temporarily amid the COVID-19 pandemic. It has also disturbed supply networks in developing economies, such as India and China. Also, electronics and automotive sectors showcased a decline in revenues backed by work-from-home norms. But, regulatory bodies are striving to bring everything back to normalcy by encouraging companies to start production. It would help in surging the demand for advanced ceramics in the next couple of years. Kyocera Corporation Acquires 100% Shares of H.C. Starck Ceramics GmbH In February 2019, Kyocera Corporation, a multinational ceramics and electronics manufacturer based in Japan, announced that Kyocera Fine ceramics GmbH, its Germany-based European headquarters signed an agreement to acquire 100% shares of H.C. Starck Ceramics GmbH. This acquisition will help Kyocera to introduce its state-of-the-art fine ceramic manufacturing assets, innovative technologies, and production lineup in Europe. Such initiatives by prominent companies are likely to surge the demand for advanced ceramics worldwide.

The growing demand for self-healing materials market size in the automobile sector is expected to enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Self-Healing Materials Market Size, Share & Industry Analysis, By Type (Coatings, Polymers, Asphalt, Fiber-Reinforced Composites, Ceramic, Metal), By Application (Energy Generation, Building & Construction, Automotive & Transportation, Electronics & Semiconductors, Medical, Others), By Technology (Reversible Polymers, Microencapsulation, Shape Memory Materials, Biological Material Systems, Others) and Regional Forecast, 2021-2028.” The growing use of elastomers and polymers is expected to foster the healthy growth of the market. The whole world is battling with the novel coronavirus, leaving numerous industries in distraught. The authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly. The report on the self-healing materials market accentuates: • All-inclusive study of the market • Important insights into the segments • Comprehensive information about regions • Valuable data about prominent players • Latest developments in the market Browse In-depth Summary of This Research Insight@ https://www.fortunebusinessinsights.com/self-healing-materials-market-102947 Regional Analysis: Accelerating Pharmaceutical Industry to Encourage Growth in Europe The market in Europe is expected to experience high growth during the forecast period owing to the rising demand from the UK, Germany, France, Italy, Spain. The elevating pharmaceutical industry in Europe coupled with rapid business developments are factors expected to aid growth in the region. The increasing application in the existing automotive and transport sector is expected to further bolster the healthy growth of the market in Europe. North America is the second-largest consumer of self-healing products. The growth in the region is attributed to the strong demand from the domestic sector and manufacturing base. The government initiatives to improve infrastructure is expected to spur business opportunities for the market. The market in Asia Pacific is expected to witness rapid growth due to the improving construction industry. The increasing per capita income, urbanization, and a large population can further encourage growth in the region. Key Development: April 2019: Arkema announced the 30 percent capacity extension of its photocure liquid resin development plant in Nansha, China. The Report Lists the Key Companies in the Self-Healing Materials Market: • AkzoNobel N.V. • Arkema SA • Autonomic Materials Inc. • Avecom N.V. • BASF SE • Covestro AG • Critical Materials S.A. • I. Du Pont De Nemours • Company • Evonik Industries • Sensor Coating Systems Ltd. Market Driver: Expansion of BASF’s Chemical Industry to Promote Growth The growing focus of companies towards expanding their production capacity can create opportunities for the market. For instance, in September 2019, BASF, a major in the chemical industry announced that it will increase the production of ethylene oxide and ethylene oxide derivativesat its Verbund site in Antwerp, Belgium. The total capacity for the project adds up to 400,000 metric tons a year to BASF's manufacturing potential for relevant materials with an annual investment value of over € 500 m. furthermore, the prospering automotive industry is expected to aid the expansion of the market. Self-healing materials are chemically produced substances that have the characteristics of self-healing without any external force. The growing focus of OEMs towards healers as an external cover to cars is expected to enable the growth of the market. Besides, the reduction of repairs by the use of healers can spur its demand in the automotive industry, thus aiding the growth of the market. Nevertheless, the high cost of healers combined with the availability of a variety of alternatives is expected to restrict the growth of the market.

The global homeland security and emergency management market is likely to gain momentum from the rising utilization of cloud-based services and applications. Besides, the outdated equipment and infrastructure are being upgraded persistently. This information is published by Fortune Business Insights™ in a recent study, titled, “Homeland Security and Emergency Management Market Size, Share and Industry Analysis by System (Modeling And Simulation, Communication System, Rescue And Recovery Systems, Intelligence And Surveillance System, Detection And Monitoring System, Weapon System, Command And Control, And Others), By End Use (Cyber Security, CBRNE Security, Aviation Security, Maritime Security, Law Enforcement and Intelligence Gathering, Critical Infrastructure Security, Risk and Emergency Services, and Border Security), and Regional Forecast, 2020- 2027.” The study further mentions that the homeland security and emergency management market size was USD 549.40 billion in 2019 and is projected to reach USD 777.0 billion by 2027, thereby exhibiting a CAGR of 4.43% during the forecast period. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. Browse In-depth Summary of This Research Insight@ https://www.fortunebusinessinsights.com/homeland-security-and-emergency-management-market-102743

Drivers & Restraints- High Demand for Situational Awareness to Propel Growth There is a high demand for situational awareness as it is capable of analyzing and identifying complex data regarding the battlefield scenarios. It is very helpful of the decision makers and hence, a significant factor in land, naval, and air-based operations. Cutting-edge technologies also provide maritime, ground, and air solutions with unique command, control, communication, computers, combat, intelligence, surveillance and reconnaissance (C5ISR) services for providing access to real-time database. However, in the field of cybersecurity, lack of proactive measures may obstruct the homeland security and emergency management market growth in the coming years. Segment- Rising Usage in Military System to Favor Growth of Detection and Monitoring System Segment In terms of system, the market is divided into intelligence and surveillance system, modeling and simulation, command and control, rescue and recovery systems, weapon system, communication system, detection and monitoring system, and others. Out of these, the detection and monitoring system segment held 25.87% homeland security and emergency management market share in 2019. This growth is attributable to their increasing usage in various military equipment and systems. Regional Analysis- Upgradation of Conventional Equipment to Favor Growth in North America Based on geography, the market is fragmented into South America, the Middle East and Africa, Asia Pacific, Europe, and North America. Amongst these, North America procured USD 208.77 billion homeland security and emergency management market revenue in 2019. This growth is attributable to the rising military expenditure and upgradation of airborne, air, and land systems in the U.S. In addition to that, the country houses several prominent companies, namely, Lockheed Martin Corporation, Raytheon Company, and Northrop Grumman Corporation. It would also contribute to the growth of the market in this region. Asia Pacific, on the other hand, would remain in the second position owing to the military modernization programs and spending in the developing countries, such as South Korea, India, and China. Also, the increasing rates of cybercrime and cross-border conflicts would boost growth. Europe is set to hold the third position backed by the presence of many renowned homeland security manufacturers in this region. Competitive Landscape- Key Companies Aim to Win New Contracts to Strengthen Positions The companies are following inorganic and organic strategies, such as novel product launches and mergers and acquisitions to intensify competition. They are also trying to get new orders and contracts from reputed firms to deliver their products and gain a competitive edge. Below are a couple of the key industry developments: • January 2019: General Dynamics Information Technology (GDIT) bagged the Navy Cyber Mission Engineering Support contract from the U.S. Navy’s Space and Naval Warfare Systems Center. The total value of this contract is worth USD 898 million. It consists of one six-month option-to-extend-services option, one two-year option ordering period, and a five-year base ordering period. GDIT will be able to provide innovative solutions catering to the warfighting needs of the Navy and Marine Corps. • January 2018: Serco Inc. acquired BTP Systems, a technology services contractor for USD 20 million. It would help the former in broadening its defense sector and include new federal consumers. Fortune Business Insights™ provides a list of all the organizations present in the homeland security and emergency management market. They are as follows: • BAE Systems • CACI International Inc. • Collins Aerospace • Elbit Systems Ltd. • General Dynamics Corporation • IBM • L3Harris Technologies Inc. • Lockheed Martin Corporation • Northrop Grumman Corporation • SAAB AB • Thales Group

The global aroma chemicals market size is projected to reach USD 6,968.3 million by 2028. As the demand for natural ingredients is increasing, various manufacturers are trying to create novel technologies to prevent environmental damage or pollution. For instance, Privi Speciality Chemicals Limited utilizes agrochemicals from by-products and high-value aroma chemicals from Crude Sulphate Turpentine (CST) to improve eco-friendly operations and reduce emissions. Fortune Business Insights™ published this information in a new study, titled, “Aroma Chemicals Market, 2021-2028.” As per the study, the market stood at USD 4,976.0 million in 2020. It is set to exhibit a CAGR of 4.5% during the forecast period between” 2021 to 2028. Eternis Fine Chemicals Acquires Tennants Fine Chemicals to Expand Its Product Portfolio In February 2021, Eternis Fine Chemicals announced the acquisition of Tennants Fine Chemicals, a provider of specialty chemicals based in the U.K. This buyout would help Eternis to leverage multi-location distribution and manufacturing platforms, as well as broaden its range of these type of chemicals. As per one of the company officials, “The 100% acquisition of Tennants would help the former to expand its position in India’s specialty and aroma chemicals industry.” Browse In-depth Summary of This Research Insight@
https://www.fortunebusinessinsights.com/aroma-chemicals-market-105142 Declining Sales of Beauty and Cosmetics Products to Obstruct Growth amid COVID-19 The sales of cosmetics and beauty products have fallen drastically owing to the COVID-19 pandemic across the globe. Givaudan, for instance, declared that the sales of fine fragrances declined by 16.4% during the first half of 2020 backed by closure of retail channels and travel bans. Besides, consumer goods companies mentioned that they experienced mixed financials across numerous divisions. Procter & Gamble (P&G)’s net sales in grooming and beauty segments went down by 3% and 1% in the third quarter of 2020.

Report Coverage- We have conducted primary and secondary research to gather information about various aspects of this report. Our special interviews with end-user respondents and supply side respondents helped in gaining insights into the average pricing, per capita consumption trend, average spending on products, growth rate, market size, and dynamics. We have also taken information from reputed industry journals, articles, and press releases of organizations operating in the field of aroma chemicals. Drivers & Restraints- Rising Need to Maintain Formulations and Quality of Products to Aid Growth Aroma chemicals are extensively used in toiletries and cosmetics, such as hand washes, lipsticks, gels, shampoos, body lotions, aftershaves, moisturizers, soaps, and others. Manufacturers are striving persistently to maintain the quality and formulations of these products by inducing natural scents. Hence, they are inclining rapidly towards organic ingredients. However, the Environmental Working Group (EWG) declared that around 75% of fragrance ingredients hidden in the list provided in labels contain phthalates that can cause disruptive hormonal activities, breast cancer, reproductive malformation, and reduction in sperm count. This factor may hinder the aroma chemicals market growth in the near future. Segments- Fine Fragrances Segment to Dominate Stoked by Rising Technological Advancements By source, the market is categorized into synthetic and natural. Based on the product, it is divided into terpenes/terpenoids, benzenoids, musk chemicals, and others. Lastly, by applications, it is fragmented into food & beverages, fine fragrances, cosmetics & toiletries, soaps & detergents, and others. Out of these, the fine fragrances earned 53.18% and 51.62% in terms of the aroma chemicals market share globally and in the U.S. in 2020. This segment is anticipated to remain at the forefront because of the ongoing technological advancements in this field. Regional Insights- Increasing Spending on Premium Perfumes to Help Europe Dominate in Upcoming Years Regionally, Europe held USD 1,807.3 million in 2020 in terms of revenue. It is anticipated to lead the market in the forthcoming years fueled by the high consumer spending on premium and luxurious perfumes, especially in developed countries, such as Germany, U.K., and France. In North America, the market is set to grow steadily because of the rising health-consciousness among consumers. Asia Pacific would grow significantly in the upcoming years on account of the increasing demand for fragrances in India, Japan, and China. Competitive Landscape- Key Companies Aim to Gain Competitive Edge through Acquisitions and New Launches The global market possesses several renowned companies that are majorly focusing on developing sustainable, premium-quality, and cost-effective products to meet the high demand worldwide. Some of the others are participating in the acquisition strategy to gain a competitive edge. Below is one of the latest industry developments: • January 2020: Solvay unveiled a unique high purity synthetic eugenol called Eugenol Synth featuring olfactory properties for fragrance applications. It will act as an alternative to help meet the demand from the flavors & fragrance (F&F) market. A list of reputed manufacturers present in the global market: • Privi Speciality Chemicals Limited (Navi Mumbai, India) • BORDAS S.A. (Sevilla, Spain) • BASF SE (Ludwigshafen, Germany) • DSM (Heerlen, Netherlands) • Hindustan Mint & Agro Products Pvt. Ltd. (Uttar Pradesh, India) • International Flavors & Fragrances Inc. (New York, the U.S.) • Kao Chemicals Europe (Barcelona, Spain) • Symrise (Holzminden, Germany) • Givaudan (Vernier, Switzerland) • Solvay (Brussels, Belgium) • Takasago International Corporation (Tokyo, Japan) • Keva (Mumbai, India) • Eternis Fine Chemicals Ltd. (Mumbai, India) • Other Key Players

The global micro irrigation systems market size is expected to register figure of USD 12.40 billion by 2027, while exhibiting a promising CAGR of 6.92% during the forecast period. According to a report by Fortune Business Insights, titled “Micro Irrigation Systems Market Size, Share & Industry Analysis, By Type (Drip Irrigation and Sprinkler Irrigation), Crop Type (Field Crops, Orchard Crops, Landscape & Turf, and Others), Application (Agriculture and Industrial), and Regional Forecast, 2020 – 2027.” Increasing use of advanced techniques and supportive government policies to produce good quality crops will be the driving factors for the growth of market in the forthcoming years.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. 

Micro-irrigation technique is a type of irrigation method that requires less pressure and flow of water when compared to other traditional irrigation techniques. It is also known as localized irrigation, low-flow irrigation, trickle irrigation, and low volume irrigation, among others. In addition to this, a scientific method that requires sufficient amount of water and nutrients, this type of irrigation yields better quality and surplus crops. Furthermore, it is most suited to terrains that suffer from inferior quality of crop owing to high rate of alkalization ad salinization. Micro-irrigation involves two type of techniques such as drip irrigation and sprinkle irrigation.

 Browse Summary

https://www.fortunebusinessinsights.com/micro-irrigation-system-market-102839

What does the Market Report Include?

The market report includes detailed information on the growth parameters such as the drivers, challenges, opportunities, and restraints that the market will go through during the forecast period. Furthermore, it provides qualitative and quantitative details about the regional demographics present in the market. Moreover, the competitive landscape includes in-depth information of the companies proliferating in the market and the strategies such as mergers and acquisitions, product launches, and collaborations adopted by them to gain market presence between 2020 and 2027.

Drivers and Restraints:

Large-Scale Adoption of Land under Micro-Irrigation amid COVID-19 Threat to Drive the Market

With depleting water sources and increasing demand for good quality crops, the growers are adding more area under micro-irrigation across the globe. Factors such as easy mechanization and efficiency in growing wide range of crops is the driving factor that is propelling the acceptance of the technique by commercial property owners. This is expected to boost the market during the forecast period. For instance, in turbulent times where every sector is reeling downward owing to the global effects of novel coronavirus, COVID-19, farmers in Tamil Nadu, India brought cheers to the agriculture sector. In the just concluded financial year 2019-2020, Tamil Nadu topped the all-India level for area under micro-irrigation. Under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), the state covered about 2, 06,853.25 Hectares of land during the aforementioned financial year. Increasing adoption of land under this technique owing to its several positive benefits for crops will contribute to the growth of the market during the forecast period.

Regional Analysis:

Asia-Pacific to Remain Dominant; Adoption of Smart Farming Techniques to Fuel Growth

Among the regions, Asia-Pacific will be at the forefront during the forecast period. With a market share of USD 2.97 million in 2019, adoption of smart farming techniques will further propel the market growth during the projected horizon. Moreover, increasing investment by major players owing to lucrative opportunities to gain maximum micro irrigation systems market revenue will bode well for the growth of the market during the forecast period. North America, on the other hand, is anticipated to register exponential growth during the forecast period. This is attributable to factors such as high awareness among the people for advanced farming techniques in countries such as the U.S. and Mexico.

Competitive Landscape:

Merger and Acquisition by the Private Players to Promote Growth

According to the micro irrigation systems market report, there are several companies striving to gain major market share and outshine their rivals during the forecast period. Adoption of strategies such as expansion of facilities, partnership, merger and acquisition, and collaboration by the key players will drive the market growth in the forthcoming years. For instance, in April 2017, Jain Irrigation Systems, an India-based irrigation solution provider, announced its acquisition of two U.S. companies- Irrigation Design, Construction Inc. (IDC), and Agri-Valley Irrigation Inc. (AVI). With an investment of about USD 48 million, the company plans to acquire 805 stakes in the two other companies. Moreover, government policies to promote micro irrigation technique is expected to bode well for the market during the forecast period.

Industrial Development:

February 2020: Lindsay Corporation, a pioneer in irrigation market, announced its launch of new product, Zimmatic poly pipe. According to the company, the product is favourable for farms wherein the water environment is most corrosive. This launch is anticipated to boost the strategic position of the Company in the marketplace.

List of the Companies Operating in the Market:

Lindsay Corporation (U.S.) Jain Irrigation Systems Ltd. (India) Valmont Industries (U.S.) Rain Bird Corporation (U.S.) Reinke Manufacturing Co. Inc. (U.S.) Netafim Limited (Israel) The Toro Company (U.S.) Hunter Industries (U.S.) Nelson Irrigation Corporation (U.S.) Rivulis Irrigation Ltd. (Israel)

The global ultrasonic testing market size is projected to reach USD 3,671.9 million by 2027, exhibiting a CAGR of 9.43% during the forecast period. The burgeoning startup culture in the non-destructive testing (NDT) domain will play a central role in fueling this market, postulates Fortune Business Insights™in its report, titled “Ultrasonic Testing Market Size, Share & COVID-19 Impact Analysis, By Type (Time-Of-Flight Diffraction, Phased Array, Immersion Testing, Guided-Wave Testing, Acoustography, and Others) By Equipment (Flaw Detectors, Thickness Gauges, Transducers & Probes, Industrial Scanners, Tube Inspection Systems, Bond Testers, Imaging Systems, and Others), By Service (Inspection Services, Equipment Rental Services, Calibration Services, and Training Services), By Vertical (Manufacturing, Oil & Gas, Aerospace, Public Infrastructure, Automotive, Power Generation, and Others) and Regional Forecast, 2020-2027”. Testing and inspection are critical functions that operators and owners of capital have to perform to ensure the safety and reliability of equipment, machinery, and other assets. Startups have been steadily emerging over the past few years to fulfill these functions using NDT and ultrasonic testing (UT) technologies. For example, the Indian startup AAVRTTI has developed RUDI (Radar for Utility Detection and Imaging) to detect, identify, and map buried utilities. The company also offers other services, such as the localized detection of cable faults and underground pipe leakages. Inductosense, a startup domiciled in the UK, has been engaged in developing NDT solutions using ultrasonic testing. The company manufactures ultrasonic sensors to facilitate accurate monitoring of internal corrosion & erosion in pipelines and vessels. These advancements in asset testing technologies, heralded by fledgling startups, will create massive opportunities for this market. The report states that the value of the market was estimated to be USD 2,297.2 million in 2019 and also shares the following: • Holistic evaluation of the various market drivers and trends; • Granular understanding of the challenges facing the market; • Unmatched segmentation of the market; and • Microscopic study of the competitive milieu and regional prospects of the market. Browse Complete Report Sample PDF: https://www.fortunebusinessinsights.com/ultrasonic-testing-market-104865

Restraining Factor Revenue Shortfalls amid the COVID-19 Crisis to Quell Market Growth With the coronavirus-induced global economic and health crisis unfolding with increasing intensity, the aviation industry is set to experience unprecedented revenue shortfalls. According to the International Civil Aviation Organization (ICAO), in the first half of 2021, airlines are likely to face potential gross passenger operating revenues between USD 163 billion and USD 194 billion. This is in addition to the USD 391 billion worth of losses faced by airliners in 2020. The ultrasonic testing market growth is also expected to suffer setbacks as a result of these financial stresses as the pandemic has severely disrupted investment plans of aircraft manufacturers and aviation technology providers. Furthermore, travel restrictions and the cancelation of flights have delayed the adoption of advanced UT technologies. For example, a recent report by the Organization for Economic Cooperation and Development (OECD) points out that a combination of supply shocks and negative demand has created widespread uncertainty in the aviation industry, thus delaying the deployment of next-generation technologies, such as ultrasonic testing, by airline companies. As a result of these developments, this market will display a negative CAGR of -14.9% in 2019 and reach a value of USD 1,954.4 million in 2020. Regional Insights North America to Register Sterling Growth; Asia Pacific to Progress Promisingly In 2019, the North America market size stood at USD 893.7 million, and the region is expected to bolster its growth trajectory during the forecast period on account of the rising employment of UT methods in the inspection of railway infrastructures. In addition, growing adoption of advanced testing technologies in the region’s robust aerospace industry will further boost the regional market. Asia Pacific is anticipated to showcase the fastest growth in the ultrasonic testing market share in the forthcoming years owing to the huge investments in ramping up public infrastructure in India and the rapid expansion of the manufacturing industry in China. In Europe, the regional market growth will be aided by the increasing demand for these ultrasonic type of testing solutions in the automotive industry in Germany. Competitive Landscape Lucrative Collaborations to Characterize Market Competition The competitive landscape of this market is experiencing a period of prolific dynamism due to the increasing number of lucrative partnerships between aviation industry giants and key players in the UT market. These collaborations are aimed at developing inventive testing solutions for aircraft components, which in turn will entrench the market position of the collaborating entities. Industry Developments: • September 2020: Element Sheffield announced the bagging of approval from the aircraft engine maker, Safran, for destructive testing services. The agreement follows the recent clearance from Safran to Element to deploy ultrasonic testing techniques for Safran’s components and materials. • January 2020: Novosound, a Scottish startup, secured a USD 4.3 million investment to develop and launch its first flexible thin-film ultrasound sensor for inspecting curved surfaces in June. The startup will be targeting the field of inspection and maintenance of aircraft with the introduction of this device.

The global glass packaging market size is projected to reach USD 81 billion by the end of 2027. The rising demand for glass material across the world will aid the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Glass Packaging Market Size, Share & Industry Analysis, By End-use Industry (Alcoholic beverages, Food, Non-Alcoholic beverages, Pharmaceuticals, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 60.32 billion in 2019 and will exhibit a CAGR of 3.95% during the forecast period, 2019-2027. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

The rising demand for glass and glass material is consequential to the lesser environmental effects it has. The exceptional properties of this material including rigidity and durability will contribute to the growing demand. The high investment in the research and development of efficient glass material, coupled with the presence of several large scale manufacturers across the world will aid the growth of the overall market in the coming years. The adverse effects of plastic and the strict regulations imposed by governments of several countries towards the use of plastic will lead to a huge adoption of glass as alternative solution to plastics. The product is most widely used in the food and beverage industry for beverage supply and distribution. The increasing consumption of bottled and packaged beverages will aid the growth of the overall market in the foreseeable future. Browse Complete Report Sample PDF: https://www.fortunebusinessinsights.com/glass-packaging-market-102812 Increasing Efforts to Maximize Glass Packaging Use Will Aid Growth The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the growing efforts put in to maximize the use of glass by major companies as well as governing bodies across the world will have a huge impact on the growth of the market. This will also influence the companies operating in the market towards making large investments in the development of efficient products. In March 2020, BG Container Glass announced that it has allocated USD 92.2 million for the acquisition of 3 companies engaged in manufacturing of glass packaging. The company claims that it will look to decrease its dependency on external sources and in-house capabilities. These three firms are associated with labels, lids, and boxes for glass packaging. Through the acquisition of these three companies, BG Container will look to establish a stronghold in the market. List of companies profiled in the market: • Ardagh Group S.A. (Ireland) • Anchor Glass Container Corporation (BA Glass B.V.) (U.S.) • Verallia (U.S.) • Owens-Illinois Inc. (U.S.) • TOYO GLASS CO., LTD. (Japan) • Heinz Glas GmbH (Germany) • Vetropack Group (Switzerland) • AGI Glasspack Ltd. (India) • Yantai NBC Glass Packaging Co., Ltd. (China) • Yantai Changyu Glass Co., Ltd. (China) Asia Pacific Accounts for Dominant Share; Huge Consumption of Bottled Beverages will Aid Growth The report analyzes the ongoing market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, the market in Asia Pacific is projected to emerge as the dominant region in the coming years. The increasing consumption of bottled beverages in several countries across this region will aid the growth of the regional market. The rising consumption of alcoholic beverages and the use of glass packaging material in the beverages industry in India will contribute to market growth. Furthermore, strict government regulations regarding the use of plastic and plastic bans in several countries will emerge in favor of the growth of the market in this region. As of 2019, the market in Asia Pacific was worth 22.20 billion and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the presence of several large scale companies in this region. Industry Developments: March 2020: BG Container Glass (BGC announced that it has allocated USD 92.22 million for the acquisition of three major companies in the glass packaging chain to decrease its dependence on external sources and increase in-house capabilities.

The global kombucha market size is projected to reach USD 10.45 billion by 2027, exhibiting a CAGR of 23.2% during the forecast period. The increasing presence of small-scale kombucha companies will redefine the contours of innovation in this market, postulates Fortune Business Insights™ in its report, titled “Kombucha Market Size, Share & COVID-19 Impact Analysis, By Type (Natural and Flavored), Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, Health Stores, and Online Retail), and Regional Forecast, 2020 – 2027”. Kombucha is a type of fermented tea and has been gaining rapid popularity worldwide as it offers the ideal alternative to alcoholic beverages. To capture the burgeoning market for this beverage, several small-scale companies have cropped up over the past few years that have been providing innovative flavors to kombucha enthusiasts. For example, Delhi-based Atmospheric Kombucha, launched in April 2018, offers completely raw and organic fermented tea infused with fruit flavors and dried herbs. Their teas are also available in unique flavors such as lavender blueberry, mango, and guava. Similarly, US-based Health-Ade was started in 2012 and is today one of the largest and the most innovative kombucha-making company in the US, offering flavors such as jalapeño-kiwi-cucumber, cloves, and chocolates. The deepening presence of these kombucha-specializing entities is opening expansion portals for this market.

Humanity is reeling under the unexpected eruption of the COVID-19 pandemic that has severely damaged the global economy, triggered widespread supply-demand disturbances, and has caused unprecedented social, political, and economic anxiety worldwide. Several sectors, industries, and markets are experiencing a period of deep stress and unbearable apprehension. In such dire circumstances, businesses are in desperate need of holistic insights into the impact of the coronavirus outbreak on different markets. At Fortune Business Insights™, we aim to provide just that. Based on our experience and expertise, we offer market research reports with high-quality market analysis to enable your business to tide over these challenging times.

List of Key Companies Profiled in the Kombucha Market are:

Revive Kombucha (California, United States) Humm Kombucha, LLC (United States) Reed’s Inc. (Connecticut, United States) Molson Coors Beverage Company (Chicago, United States) The Hain Celestial Group (New York, United States) Health-Ade Kombucha (United States) PepsiCo, Inc. (New York, United States) The Coca Cola Company (Georgia, United States)

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/industry-reports/kombucha-market-100230

The report states that the global market value was at USD 1.84 billion in 2019 and shares the following:

A detailed assessment of the trends, drivers, and restraints influencing market growth; Holistic analysis of the regional developments impacting the market; Thorough research into the key players’ profiles and their strategies; and A comprehensive study of all market segments.

Driving Factor

Multiple Health Benefits of Fermented Tea to Ensure Stable Market Growth

The health benefits of kombucha have been proven through several scientific studies and the growing awareness about these benefits is expected to further augment the adoption of this beverage. For example, a study by researchers from University College Cork in Ireland found that since kombucha is fermented, it contains a large amount of lactic acid bacteria that can function as a probiotic. As a result, this drink can be made part of regular diets as probiotics are known to strengthen gut health, improve digestion, and even aid in weight loss. Further, evidence gathered by researchers from the University of Toulouse in France shows that kombucha prepared from green tea can stimulate calorie-burning processes in the body, improve cholesterol levels, control blood sugar, and reduce belly fat. With consumers becoming more health conscious, especially in urban areas, the demand for this beverage is likely to spike as its visibility increases in retail stores and supermarkets around the globe.

Regional Insights

Rising Demand for Alternative Beverages to Accelerate Market Growth in North America

North America, with market size of USD 0.97 billion in 2019, is expected to retain its leading position in the kombucha market share throughout the forecast period. The changing dynamics of the market in North America have backed by the increasing preference of drinkers in the region towards healthy beverage alternatives to regular soda and soft drink products. Europe is set to emerge as the second-largest region for this market owing to the booming popularity of probiotic drinks in major economies such as the UK and Germany. In Asia Pacific, rising disposable incomes of consumers is leading to a steady increase in the demand for unique and premium beverages.

Competitive Landscape

Promotion of Novel Preparations to be the New Growth Strategy of Key Players

Recognizing the broad scope for creativity in the kombucha category, key players in the market are aggressively promoting novel preparations of this beloved drink among consumers. Additionally, companies, especially large organizations, are adopting innovative design strategies to expand the visibility of their products across supermarkets, departmental stores, and retail outlets.

Key Industry Developments:

September 2020: UK-based Woodies announced the launch of a new line of kombuchas infused with cannabidiol (CBD). The drink will combine the health benefits of CBD and fermented tea and will be available in Hibiscus & Raspberry, Orange, and Ginger flavors. March 2020: KeVita unveiled the new, enhanced look for its kombucha bottles, promoted by the company’s new owner, PepsiCo, to enable the brand to gain prominence on store shelves. The move is being advocated by PepsiCo to boost the slow sales of the company in the fermented tea category.

Detailed Table of Content:

Introduction Research Scope Market Segmentation Research Methodology Definitions and Assumptions Executive Summary Market Dynamics Market Drivers Market Restraints Market Opportunities Emerging Trends Key Insights Overview on the Global Ready-to-Drink (RTD) Beverages Market Market Dynamics of the Global Fermented Tea Market Overview on Emergence of Small Players and its Impact on the Market Supply Chain & Regulatory Analysis Recent Industry Developments – Policies, Mergers & Acquisitions, and New Product Launches Market Analysis and Insights (in Relation with COVID-19)  Impact of COVID-19 on the Market  Supply Chain Challenges due to the Pandemic  Potential Opportunities to Support the SNaturals during the Calamity Global Kombucha Market Analysis, Insights and Forecast, 2016-2027 Key Findings / Summary Market Size Estimates and Forecast  By Type (Value) Natural Flavored By Distribution Channel (Value) Supermarkets/ Hypermarkets Convenience Stores Health Stores Online Retails By Region (Value) North America Europe Asia Pacific South America Middle East & Africa

TOC Continued…!

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