Automotive parts remanufacturing can be defined as the process of rebuilding of automobile components to the specifications of original manufactured product using a combination of reused, repaired and new parts. The concept of automotive parts remanufacturing started in 1940’s in the North America and Europe regions.
An extensive portfolio of vaccines and constant rising demand has rendered the vaccine contract manufacturing market to be highly competitive with vast presence of key players across geographies. Along with safety and effectiveness of vaccines, flooding the market with one’s product clutches equal importance. In order to cater to the rising demand for vaccines and maintaining uniform quality, leading industrial players tend to outsource manufacturing of vaccines to third parties to expedite market entry.
Smart furniture market was valued at US$ 135.2 Mn in 2017 and expected to grow at a CAGR of 21.8% (2018 to 2026) and reach US$ 794.8 Mn in 2026. Smart furniture combines smart home technology along with network-connected household goods such as dressing tables, chairs, shelves and cabinet doors.
Globally, the specific gravity bench apparatus market is expected to grow with a CAGR of 2.1% during the forecast period from 2019 to 2027. At present, the specific gravity bench apparatus market showing lucrative growth throughout the forecast period. The specific gravity bench apparatus is designed to determine the specific gravity of a test liquid comprising refractory bricks, concrete, and other materials. These apparatus uses a filling drop method to describe the gravity of the liquid.
The global foundation repair services market is growing competently, expected to grow at a CAGR of 7.2% during the estimated period from 2019 to 2027, starting from US$ 2.82 Bn in 2018. The adoption of foundation repair services has been growing worldwide with increasing needs for restructuring and repair of the foundations of commercial, residential, and industrial buildings. Furthermore, the foundation repair services are engaged in fixing cracks over basement walls, concrete slabs, bricks & blocks, and chimney settlements.
Globally, the check engine light market is projected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027. The check engine light in a vehicle is set up to warn the drivers about the problems or issues with the engine of the vehicle. Check engine light is a computerized system, which keeps a track of the engine and notify about any malfunctions caused to the engine. It is considered a diagnostic tool that increasingly help in maintaining the performance of the vehicle, engine speed, and ignition time.
The global bio-engineered stent market is growing proficiently, expected to grow at a CAGR of 7.1%. Globally, growing prevalence for coronary heart diseases and other hear related disorders will drive the market growth. Growing awareness about new medical technology along with the launch of advanced bio-engineered cardiac stents or coronary stents with integrated biological solutions and enhanced biomaterials are factors driving the overall growth of bio-engineered stent market on a global scale.
The global beer cans market accounted for US$ XX Bn in 2018 and is anticipated to grow to US$ XX Bn growing at a CAGR of 3.5% during the forecast period from 2019 to 2027. Increasing consumption of craft beer across various regions coupled with recreational and environmental benefits are major factors driving the beer cans market growth. Customers are inclined towards craft beer brewed by both small and large breweries.
The global aseptic packaging market is increasing substantially, projected to expand at CAGR of 11.3% during the estimated period from 2019 to 2027, starting from US$ 42.93 Bn in 2018. The global aseptic packaging market volume is growing significantly, anticipated to expand at CAGR of 5.5% throughout the projected period from 2019 to 2027, starting from 355 Bn units in 2018.
Global increase in production of sustainable products derived from renewable sources is anticipated to remain a key factor for cellulose films market growth over the next five years. Polypropylene film is a thermo softening plastic polymer film extensively used in labeling and packaging application. This is the lightest of all plastic films that possesses high-tensile strength.
The global surface disinfectant market has been expected to reach $596 million in terms of revenue by 2022 with a healthy CAGR of 12% during 2016-2022. Factors stimulating the growth of surface disinfectants market are increase in the healthcare expenditure, rising incidences of nosocomial infections and growing number of surgical procedures. Geriatric population is increasing all over the world and this has been leading to large number of chronic diseases cases and surgical procedures. Thus, the management of these diseases and surgical procedures will be in a great need of surface disinfectants and these will lead to the market growth of these products.
The global roll-to-roll technologies for flexible devices market is expected to grow at the CAGR of 14% during 2015-2022. Globally roll-to-roll technologies for flexible devices market has generated more than $14.6 billion in 2015 and is expected to reach $29 billion by 2022. The drivers which help to increase the market are increasing demand for flexible electronic devices, adoption of touch screen display technology for electronic devices and increasing demand of roll to roll based flexible temperature sensors in industrial sector.
The global market and manufacturing technologies for protein drugs is expected to grow at the CAGR of 16% market during 2015-2022. In 2015 the protein drug market generated more than $705.5 million and is expected to generate revenue more than $1500 million by 2022. The key factors that drives the market are increasing consumption of protein drugs, increasing rate of life style diseases, increasing capital for protein drugs technology, among others.
The global smart manufacturing technology market is expected to grow at the CAGR of 10.4% during 2015-2022. Globally, smart manufacturing technology market generated more than $37.42 billion in 2015, and is expected to reach $85.4 billion by 2022. The drivers that helps to increase the market are increasing factory viability and proactive viability; improving process efficiency and increasing pivot on energy saving; and, rapid advancement in machine to machine communication technology in the industrial sector.
High demand for energy efficiency in process industries is the key driver for the bearing market globally over the forecasted period. The high demand in end-use industries such as automotive, machinery, construction, oil and gas etc. are the key factor for growing demand of bearing globally. Also technological advancement also boost the demand of bearing in global market.
The global manufacturing market is constantly innovating and reinventing itself. It relies heavily of effective industrial design and efficiency is the manufacturing process. The construction industry is seeing a mature phase in developed market and a high growth one in developing markets. For emerging markets, a robust manufacturing and construction market is crucial in the transition.
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