Friday 28 January 2022

India Bottled Water Market to Grow at CAGR of over 13% through FY2027F | TechSci Research

Lack of availability of clean water to drive Bottled Water market of India in the forecast period.

India Bottled Water Market - TechSci Research
According to TechSci Research report on, “India Bottled Water Market - By Region, Competition Forecast & Opportunities, FY2017 - FY2027F”, India bottled water market was valued at over USD2434 million in FY2021 and the market is anticipated to grow at impressive CAGR of over 13% through FY2027 to reach USD4781 million by FY2027. Rising awareness pertaining to drinking clean water and increasing disposable income are driving the demand for the bottled water market.

Due to increased focus on health and hygiene, demand for bottled water surged amid COVID-19, and therefore, people purchased more and more bottled water. Also, the number of water-borne diseases, including fluorosis, malaria, typhoid, diarrhea, and viral fever, is on the rise, further pushing the demand for India bottled water market.

In addition, flavored bottled water is gaining prominence as it contains fruit essence and artificial sweeteners; therefore, it is replacing plain water bottles. This transition is creating an opportunity for bottled water market players in India to increase their product portfolio and expand their consumer base.

Browse over 28 market data Figures spread through 83 Pages and an in-depth TOC on "India Bottled Water Market"

https://www.techsciresearch.com/report/india-bottled-water-market/7258.html

The outbreak of COVID-19 had a negative impact on the country's bottled water industry as demand for bottled water disappeared from hotels, restaurants, and corporate offices due to lockdown. This negatively impacted the volumes of bottled water as compared to pre-COVID months. Moreover, the bottled water industry reported a massive decline in revenues during the April-June 2020 quarter due to the closure of restaurants and workplaces.

India bottled water market is segmented based on stock keeping units, packaging, end user, region and competitive landscape. Based on the stock keeping units, market is further fragmented into less than 1L, 1L-2L and more than 2L. 1L-2L accounted for a share of over 45% in the India bottled water market in FY2021. Since it is the preferred volume by the majority of the customers, therefore, all the companies offer bottled water in this category, contributing to the significant share of the segment.

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Key market players operating in the Bottled Water market of India include:

  • Bisleri International Pvt. Ltd.
  • Varun Beverages Ltd
  • Coca-Cola India Pvt. Ltd
  • Parle Agro Private Limited
  • Tata Consumer Products Limited
  • Indian Railway Catering and Tourism Corporation Limited
  • RMD Foods & Beverages Pvt. Ltd.
  • United Breweries Limited (UBL)
  • Picasona Agriculture Products Private Limited
  • Narang Group (RN)

India bottled water market is highly competitive, thereby the companies need to maintain the quality of the products being delivered to consumers. Many market players are focusing on expanding their bottled water range to meet the consumers' ever-growing demand by offering products such as flavored water, fruit water, etc. Such products are gaining immense popularity among consumers. These factors are anticipated to play a significant role in attracting and expanding the consumer base of India bottled water market.

Press Release: https://www.techsciresearch.com/news/6793-india-bottled-water-market.html

“The bottled water market is witnessing an expansion in rural areas, owing to multiple factors, including a growing awareness of health and hygiene and the lack of availability of clean water. Other factors that contribute to the growth of this market are water contamination from agricultural chemicals, industry, waste disposal, lower income and technological solutions, poor community water management and so on. According to research by the National Statistical Office, the percentage of rural families using sealed bottles for drinking water increased from 0.5% in 2008 to 4% in 2018.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Bottled Water Market By Stock Keeping Units (Less than 1L, 1L-2L, More than 2L), By Packaging (Bottles, Barrels, Glasses), By End-User (Individual and Commercial), By Region, Competition, Forecast & Opportunities, FY2017-FY2027F has evaluated the future growth potential of India Bottled Water market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Bottled Water market.

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India Liquid Soap Market By Product Type (Handwash, Facewash, Body Wash, Surface Cleaner, Others) By Packaging Type (Pouch, Bottle, Tube) By Nature (Organic, Synthetic) By Application (Household, Commercial {Hospitals, Malls, Offices, Restaurants, Others}) By Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical Stores, Online Stores, Others) By Region, Competition Forecast & Opportunities, FY2027

https://www.techsciresearch.com/report/india-liquid-soap-market/7987.html

India Dairy Alternatives Market By Type (Milk, Butter, Yogurt, Cheese, Others (Ice Cream, Cream, Tofu, Smoothies, etc.)), By Formulation (Unsweetened and Sweetened), By Source (Soy, Coconut, Almond, Others (Rice, Oats, Hemp, Walnut, Hazelnut, Cashew, etc.)), By Distribution Channel (Grocery/Convenience Store, Supermarket/Hypermarket, Online, Others (Specialty Stores, Pharmacies, Direct Sales, etc.)), By Region, Competition, Forecast & Opportunities, FY2017-FY2027

https://www.techsciresearch.com/report/india-dairy-alternative-market/4084.html 

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Medical Loupes Market to Grow at a CAGR of 6.97% During the Forecast Period | TechSci Research

Growing prevalence of chronic ailments and rising minimally invasive surgeries is driving the growth in Global Medical Loupes Market in the forecast period.

Medical Loupes Market - TechSci Research
According to TechSci Research report, Medical Loupes Market - Global Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2017-2027, the Global Medical Loupes Market stood at USD356.23 million in 2021 and is expected to grow at a CAGR of 6.97% during the forecast period. This can be ascribed to the rising number of minimally invasive surgeries and chronic diseases. Availability of multiple magnifications and improved imaging are the primary reasons why end-users are shifting their interest towards advanced medical loupes.

In clinical IT applications, technologies such as Augmented Reality (AR), Machine Learning (ML), and Artificial Intelligence (AI) play a crucial role. The Global Medical Loupes Market is predicted to grow due to the growing importance of such technologies in the healthcare industry.

The global medical loupes market segmentation is based on type, magnification, lens type, distribution channel, application, end-user, region and company. Based on the loupe type, The flip-up loupes segment is expected to dominate the market during the forecast period on account of their widespread use in performing emergency surgical procedures when the lighting conditions are not favorable.

Browse over 362 market data Figures and 81 market data Tables spread through 732 Pages and an in-depth TOC on "Global Medical Loupes Market"

https://www.techsciresearch.com/report/medical-loupes-market/8185.html

Flip-up loupes have the advantage of illuminating items in dark locations while performing surgical procedures such as dental cavities, which are difficult to view with standard medical loupes. The main advantage of flip-up loupes is that they provide an enlarged view as well as a nasal viewing option due to their design. Additionally, they are less expensive than their rivals.

In terms of distribution channel, the global medical loupes market can be split into offline and online. The offline segment dominated the market in 2021 with a share of around 62.11% while online segment is expected to register the highest growth through 2027. Through offline, medical loupes can be acquired directly from the manufacturer, their authorized distributors/suppliers, or a network of distributors/suppliers that sell a variety of branded medical loupes.

Medical loupes can be obtained online from companies' online digital stores. Carl Zeiss Meditec AG, for example, provides an online store where medical loupes can be purchased in countries such as Australia, India, and Canada. Other companies, such as SheerVision, Keeler, and others, are also selling products through their online shopping stores, particularly in the United States. These companies also provide profitable deals and discounts for purchasing medical loupes on their websites.

Download Sample Report https://www.techsciresearch.com/sample-report.aspx?cid=8185

Customers can also request for 10% free customization on this report.

The sudden outbreak and spread of the COVID-19 pandemic and imposition of lockdown to curtail the spread of the virus led to shutting down of the economic activities. Also, the supply chain got disrupted. This made the customers purchase products through online channels such as online stores of companies or other e-commerce platforms.

Furthermore, growing internet penetration and emergence of several e-commerce platforms is further expected to support the segmental growth. Additionally, certain loupes and their accessories can be procured online through e-commerce platforms such as Amazon, Alibaba, etc.

A partial list of leading market players, includes:

  • Carl Zeiss Meditec AG
  • Univet S.r.l
  • Heine Optotechnik GmbH & Co. KG
  • Envista Holdings Corporation (Orascoptic)
  • Halma Plc (Keeler Limited)
  • General Scientific Corporation (SurgiTel)
  • Integra Lifescience Holding Corporation
  • Thermo Fisher Scientific Inc
  • MeridentOptergo (Optergo AB)
  • HOYA Corporation

Press Release: https://www.techsciresearch.com/news/6796-medical-loupes-market.html

“The Asia Pacific region is expected to register fastest growth during the forecast period. This can be attributed to the growing healthcare awareness among the population residing in the region. Medical technology improvements have presented medical device companies in the region with a number of expansion opportunities. The increasing number of laser treatments and changing therapy needs necessitate adding new features to existing equipment. The rising number of surgeries that will necessitate the widespread usage of medical equipment will boost the market for medical loupes in the Asia Pacific region. said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Medical Loupes Market - Global Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2017-2027 Segmented By Type (Flip-Up Loupes, Through-the-lens(TTL) Loupes, Clip-On Loupes, Headband Mounted), Magnification (3.0x-5.0x ,Up to 3.0x, Above 5.0x), Lens Type (Galilean v/s Prismatic), By Distribution Channel (Offline v/s Online), By Application (Surgical, Dental, Others), By End User (Hospitals, Dental Clinics, Ambulatory Surgery Centers), By Region”, has evaluated the future growth potential of Global Medical Loupes Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Medical Loupes Market.

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Rapid Test Kit Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2016-2026 Segmented By Type (Rapid Antigen Test v/s Rapid Antibody Test), By Product Type (Over-the-counter {OTC} Rapid Test Kit v/s Professional Rapid Test Kit), By Technology (Lateral Flow Assays, Solid Phase, Agglutination, Immunospot Assay), By Duration (Less than 30 Minutes, Less than 10 Minutes, Less than 1 Hour, 1 Hour - 2 Hour, Others), By Application (Infectious Disease, Glucose Monitoring, Pregnancy & Fertility, Toxicology, Cardiology, Oncology, Others), By End User (Hospitals & Clinics, Home Care, Diagnostic Centers, Others), By Region 2026

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Global Hearing-Aid Devices Market By Device Type (Prescription-Based v/s Over-the-Counter), By Type (Hearing-Aid Devices v/s Hearing Implants), By Hearing-Aid-Devices Style (Behind-the-ear-aids, In-the-ear-aids, In-the-canal-aids, On-the-ear-aids), By Type of Hearing Loss (Sensorineural v/s Conductive), By Product Type (Wireless v/s Wired), By Technology Type (Digital v/s Analog), By Patient Type (Adult v/s Pediatric), By Distribution Channel (Offline v/s Online), By Region, Competition Forecast & Opportunities, 2026

https://www.techsciresearch.com/report/hearing-aid-devices-market/7310.html

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com/

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Thursday 20 January 2022

Global VVT & Start-Stop Systems Market Size, Share, Growth & Forecast 2027

 Global VVT & start-stop systems market is expected to grow at a substantial CAGR during the forecast period. The global VVT & start-stop systems market is driven by requirement for enhancing fuel efficiency and performance. In addition to this, initiatives taken by government across the globe in terms of implementation of strict norms for vehicle emissions. Furthermore, increasing production of vehicles is expected to bolster the growth of market over the next few years.



The global VVT & start-stop systems market is segmented based on vehicle type, camshaft type, fuel type, starter type, company, and region. Based on vehicle type, the market can be categorized into passenger cars, light commercial vehicles and heavy commercial vehicle. Out of which, the passenger car is expected to be the largest segment during the forecast period which can be attributed to increasing purchasing power in the developing countries present in the Asian countries. Regionally, the Asia Pacific region is estimated to be the largest market for VVT & start-stop system during the forecast period on account of presence of growing markets such as India and China, the two most populated countries in the world.

The major players operating in the VVT & start-stop systems market is Robert Bosch GmbH, Continental AG, Borgwarner Inc., Aisin Seiki Co., Ltd., Valeo, Denso Corporation, Hitachi Ltd., Schaeffler AG., Delphi Technologies, Eaton Corporation and others.

Browse Full Report : https://www.techsciresearch.com/report/global-vvt-start-stop-systems-market/1608.html

Objective of the Study:

  • To analyze and estimate the market size of global VVT & start-stop systems market from 2017 to 2020.
  • To estimate and forecast the market size of global VVT & start-stop systems market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global VVT & start-stop systems market based on vehicle type, camshaft type, fuel type, starter type, company and regional distribution.
  • To identify dominant region or segment in the global VVT & start-stop systems market.
  • To identify drivers and challenges for global VVT & start-stop systems market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global VVT & start-stop systems market.
  • To conduct pricing analysis for global VVT & start-stop systems market.
  • To identify and analyze the profile of leading players operating in global VVT & start-stop systems market.
  • To identify key sustainable strategies adopted by market players in global VVT & start-stop systems market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global VVT & Start-Stop Systems market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • VVT & start-stop systems manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to VVT & start-stop systems

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         Camshaft Type

·         Fuel Type

·         Starter Type

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia;

Key companies profiled

Robert Bosch GmbH, Continental AG, Borgwarner Inc., Aisin Seiki Co., Ltd., Valeo, Denso Corporation, Hitachi Ltd., Schaeffler AG., Delphi Technologies, Eaton Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies, and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global, and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Web:  https://www.techsciresearch.com

Global Refrigerated Transport Market Size, Share, Growth, Trend & Forecast 2027

 Global refrigerated transport market is expected to grow at a steady CAGR during the forecast period. The global refrigerated transport market is driven by growing demand for temperature-controlled food, worldwide. Continuous improvements in terms of refrigerated systems technology is expected to bolster the growth of market over the next few years. Additionally, on account of certain benefit it offers including transport of fresh products, protection from spoilage, and weather conditions, is further driving the market growth through 2027.



The global refrigerated transport market is segmented based on mode, product type, technology, temperature, and region. Based on mode, the market can be categorized into road, sea, rail and air. The road segment is anticipated to dominate the global refrigerated transport market during the forecast period. The road segment is further categorized into refrigerated LCV, refrigerated MHCV and refrigerated HCV. Out of which, the refrigerated LCV segment is projected to lead the market in the years to come which can be attributed to high demand for home delivery services and developments in the foodservice industry and food processing sector. Additionally, increase in delivery of dairy products and pharmaceuticals by vans for short-distance transportation, is further aiding the segmental growth over the coming years.

The major players operating in the refrigerated transport market are Nestle Tyson Foods, Inc., Kerry Group, Del Monte Pacific Ltd, United Technologies Corporation, Daikin Industries, Ingersoll Rand Inc., The Kraft Heinz Company, General Mills Inc., Smithfield Foods., Kellogg Co. and others.

Browse Full Report : https://www.techsciresearch.com/report/refrigerated-transport-market/2244.html

Objective of the Study:

  • To analyze and estimate the market size of global refrigerated transport market from 2017 to 2020.
  • To estimate and forecast the market size of global refrigerated transport market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global refrigerated transport market based on mode, product type, technology, temperature, company and regional distribution.
  • To identify dominant region or segment in the global refrigerated transport market.
  • To identify drivers and challenges for global refrigerated transport market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global refrigerated transport market.
  • To conduct pricing analysis for global refrigerated transport market.
  • To identify and analyze the profile of leading players operating in global refrigerated transport market.
  • To identify key sustainable strategies adopted by market players in global refrigerated transport market.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global refrigerated transport market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Refrigerated transport manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to refrigerated transport

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Mode

·         Product Type

·         Technology

·         Temperature

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia;

Key companies profiled

Nestle Tyson Foods, Inc., Kerry Group, Del Monte Pacific Ltd, United Technologies Corporation, Daikin Industries, Ingersoll Rand Inc., The Kraft Heinz Company, General Mills Inc., Smithfield Foods., Kellogg Co.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies, and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global, and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Web:  https://www.techsciresearch.com

3D Mobile C-Arm Market - Global Industry Size, Share, Trends, Opportunity and Forecast 2027 | TechSci Research

According to #TechSci Research report on Global 3D Mobile C-Arm Market, the dynamic investments in the research are driving the growth in the market in the forecast period, 2022-2026.

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Global Autonomous Underwater Vehicle Market Size, Share, Growth & Forecast 2027

 Global autonomous underwater vehicle market is expected to grow at double digit CAGR, in value terms, to reach $ 550 Million by 2027, on the back of increasing defence spending, growing energy needs, growing need for scientific research applications, and emerging economies.



The market in the developing regions is expected to observe high progress in the automatic underwater vehicle (AUV) market especially in APAC and MEA regions while developed regions are matured and thereby witnesses constant growth.

Moreover, growing demand of AUV technology in automotive industry and increasing requirement from the research segment are the major opportunities for autonomous underwater vehicle market to grow during the forecast period.

Some of the major players operating in global autonomous underwater vehicle Market BAE Systems, Columbia Group, Festo, Liquid Robotics Kongsberg Maritime, Teledyne Technologies., Subsea 7, ACSA – ALCEN, Atlas Elektronik, Stone Aerospace, OceanServer Technology, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Browse Full Report : https://www.techsciresearch.com/report/autonomous-underwater-vehicle-market/4755.html

Objective of the Study:

  • To assess the demand-supply scenario of autonomous underwater vehicle, which covers production, import, export, demand, supply, and net inventory status of autonomous underwater vehicle market globally.
  • To analyze and forecast the market size of autonomous underwater vehicle, in terms of value as well as volume.
  • To classify and forecast global autonomous underwater vehicle market based on vehicle type, End Users and regional distribution.
  • To identify drivers and challenges for global autonomous underwater vehicle market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global autonomous underwater vehicle market.
  • To conduct the pricing analysis for autonomous underwater vehicle market.
  • To identify and analyze the profile of leading players involved in the manufacturing of global autonomous underwater vehicle market.

Click here to download the sample

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of autonomous underwater vehicle manufacturers and suppliers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major autonomous underwater vehicle supplier across the globe.

TechSci Research calculated the market size for global autonomous underwater vehicle market using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Autonomous Undersea Vehicle Application Center, Association for Unmanned Vehicle Systems International (AUVSI), Ministry of Earth Sciences,  AUVSI foundation, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Technology investors
  • Governments and financial institutions
  • End users of Small Electric Vehicle Markets
  • Research organizations and consulting companies.
  • Research Institutes
  • Associations, organizations, forums and alliances related to Small Electric Vehicle Market.
  • Electric Vehicles manufacturing Companies
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as autonomous underwater vehicles manufacturers, distributors and dealers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Vehicle Type

·         End User 

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Thailand; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Iran; Egypt; Nigeria; Algeria; Brazil, Argentina, Colombia;

Key companies profiled

BAE Systems, Columbia Group, Festo, Liquid Robotics Kongsberg Maritime, Teledyne Technologies., Subsea 7, ACSA – ALCEN, Atlas Elektronik, Stone Aerospace, OceanServer Technology.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies, and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global, and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Web:  https://www.techsciresearch.com

Tire Testing Market to be dominated by Passenger Car through 2027

 Improvement in tire testing machine compatibility and the flourishing automotive industry are driving the growth of global tire testing market in the forecast period, 2023-2027.



According to TechSci Research report, Tire Testing Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, the global tire testing market is anticipated to grow at a significant rate in the forecast period, 2023-2027. Tires play a vital role in the automobile's movement from one place to another. Tires must perform under extreme weather and road conditions and travel considerable distances before getting worn out. The tire testing machine has dynamic abilities to check the extent of wear and tear on tires. An increase in the focus for efficient tire performance, maintaining safety requirements, and following the regulatory framework and mandate to ensure the safety of highways is expected to accelerate the growth of the global tire testing market. Before launching novel tires in the market, tire manufacturers have to undergo research and development activities for product innovations and technological advancements, patent filing, and tire testing processes. Growing efforts made by the market players to improve the tire testing capabilities, better performance, and faster output are significantly expected to boost the market growth.  Major players in the tire testing machine are actively indulged in forming partnerships with automobile manufacturers and original equipment manufacturers for the expansion of their consumer base. An increase in partnerships is bolstering the speed of the product development process to improve the life cycle and product value, which is expected to fuel market growth.

The United States is one of the significant markets for tire testing machines. It is the home of several major market players who serve the automotive OEMs, tire manufacturers, and aircraft industry. The presence of strict regulatory norms, including the FMVSS 119, which is North American requirement based on the National Highway and Traffic Safety Administration (NHTSA), is creating growth opportunities for the market in the country. 

However, existing tire testing machine industries have to be upgraded to meet the current requirements, which is a costly process for tire testing companies that are expected to restrain the growth of the global tire testing market in the forecast period.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Tire Testing Market"

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The global tire testing market is segmented on the basis of testing type, sourcing, vehicle type, regional distribution, and company.

On the basis of vehicle type, the global tire testing market is divided into two-wheeler, passenger car, light commercial vehicle, medium & heavy commercial vehicle, and OTR. The passenger car segment is expected to hold the largest market share in five years. The surge in the number of sales of passenger cars due to changing preferences for vehicle ownership and the growing disposable income are influencing the market demand. The rise in the number of market players, the introduction of superior and advanced models to attract buyers, and the adoption of attractive marketing strategies by the automotive market players are boosting the sales of passenger cars around the globe.

On the basis of regional analysis, the Asia-pacific region is expected to witness the fastest incremental growth in the forecast period, 2023-2027. Major economies such as China, India, Japan are driving the demand of the tire testing market. With the growing population, rise in automobile production, and increase in production facilities, the tire testing market is expected to grow significantly in China. Similarly, in India, the presence of defense vehicles, laboratories, tire retailers, and specialist shops which utilize tire testing machines, the growing middle class, and the flourishing automotive industry is expected to accelerate the demand in the country.

Major operating companies operating in global tire testing market are:

  • Calspan Corporation
  • The Smithers Group Inc.
  • A&D Technology
  • TÃœV SÃœD
  • Dufournier Technologies

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“An increase in awareness about the adverse effect of carbon emission on the environment and the depleting traditional energy sources fuel the adoption of electric cars worldwide. Electric vehicles have distinct needs from traditional vehicles. The battery of electric vehicles puts increased load on the wheel of electric vehicles leading to the reduced range and more tread wears, therefore requiring tire testing techniques. Tire testing market players provide customized solutions to the automotive tire manufacturers according to their needs. Growing adaptability according to the changing market and adopting measures to meet the market standards is expected to propel the global tire testing market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Tire Testing Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, has evaluated the future growth potential of global tire testing and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global tire testing market.

 

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Global Automotive Fabric Market By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium and Heavy Truck, Bus and Coaches) By Application (Floor Covering, Upholstery, Pre-assembled Interior Components, Tires, Safety-Belts, Airbags) By Fabric Type (Polyester, Vinyl, Leather, Nylon and Others) By Company, By Region, Forecast & Opportunities, 2026

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India Two Wheeler Tire Market By Vehicle Type (Motorcycle, Scooter and Moped), By Demand Category (OEM Vs Replacement), By Radial Vs Bias, By Rim Size (10”-12” and 15”-19”), By Tire Size (80/100-18, 90/90-12, 2.75x18, 90/100-10, 80/80-17, Others), By Price Segment (Budget, Ultra Budget, Premium), By Aftermarket Demand Rim Size (10”-12” and 15”-19”), By Region, By States, Competition, Forecast & Opportunities, FY2027

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Electric 4 Wheel Drive Car Market to be dominated by Narrow-body Aircraft segment through 2027

 driving the growth in global electric 4 wheel drive car Market in the forecast period, 2023-2027.



According to TechSci Research report, Electric 4 Wheel Drive Car Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, the global electric 4 wheel drive car market is anticipated to grow at a rate steady CAGR for the forecast period, 2023-2027. The front and rear wheels of an electric 4 wheel drive car are powered by a motor, and these may or may not be powered by the same motor. Torque is divided among the four wheels of an electric vehicle by the two motors used for each axle. The rise in demand for better traction control and vehicle handling capacity is contributing to the market demand. Electric 4 wheel drive cars save energy during low load running by efficiently distributing the power between two or more motors, enhancing power, and lowering energy loss. The growing demand for increased vehicle mileage is expected to drive the demand of the global electric 4 wheel drive car market. The rise in the number of the launch of models of electric vehicle SUVs and the growing use of intelligent electric 4 wheel drive car systems is fueling the sales of electric vehicles.

Electric vehicles have lower maintenance costs and produce no noise while traveling. They have lower running costs than conventional four-wheeler vehicles and conveniently charge them at home. The electric vehicle offers storage space and comfortable cabin space and is environment-friendly, which is one of the major reasons for its high sales across the globe.

However, the increased cost of maintenance and the extra equipment adds complexity and weight to the vehicle, which may restrain the growth of the global electric 4 wheel drive car market in the forecast period. 

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Electric 4 Wheel Drive Car Market"

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The global electric 4 wheel drive car market is segmented on the basis of propulsion, vehicle type, battery capacity, competitional landscape, and regional distribution.

Based on the propulsion, the global electric 4 wheel drive car market is divided into BEV, HEV, and PHEV. BEV is short for battery electric vehicles, and these are powered entirely by electricity and do not use fuel tanks or exhaust pipes. The presence of large onboard battery charges one or more motors, and the users can charge the battery by using an external outlet. Hybrid electric vehicle (HEV) uses two types of power sources that a fuel-based engine and an electric motor with a larger battery. It also supports regenerative braking, which charges the engine every time the brake is applied. Plug-in hybrid electric vehicle (PHEV) consists of an electric motor charged by an electric plug and a fuel-based ICE. PHEV can travel longer distances by using electric power owing to the increased battery size and ability to recharge from the grid.

Based on the vehicle type, the global electric 4 wheel drive car market is divided into hatchback, sedan, and SUV. The hatchback segment is expected to witness the fastest incremental growth in five years. Hatchbacks are smaller electric vehicles and can hold four to five passengers. They are more affordable than their counterparts which is one of the major reasons for their high demand worldwide.

Based on the regional analysis, the Asia-pacific region is expected to hold the largest market share in the forecast period. Ongoing technological advancements and the booming automotive industry fuel the shift of vehicle operations from complex mechanical systems to electronically control systems. Shift to the adoption of the advanced system is accelerating the adoption of 4 wheel drive car systems, therefore significantly contributing to the market growth.

Major market players operating in the global electric 4 wheel drive car market are:

  • Volkswagen Group
  • BMW AG
  • Hyundai Motor Company
  • Daimler AG
  • Tesla INC
  • Toyota Motor Company

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“Increasing demand for fuel-efficient, high-performance vehicles fuels the demand for electric vehicles across the globe. Market players are investing heavily in upgrading the existing infrastructure and finding innovative technologies to enhance the consumer experience. The development of fast-charging stations to charge electric vehicles, reduce the cost of electric vehicle batteries, and the government's support is boosting the demand for electric vehicles. Change in preference of consumers to cover long distances via road trips and the growing consciousness of consumers about the benefits of traveling by electric vehicles are expected to propel the global electric 4 wheel drive car market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

Electric 4 Wheel Drive Car Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, has evaluated the future growth potential of global electric 4 wheel drive car and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global electric 4 wheel drive car market.

 

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Sand Trap For Oil & Gas Market To Grow With an Impressive CAGR During The Forecast Period

 Global Sand Trap For Oil & Gas Market is driven by increasing demand for petroleum products in clearer form, in the forecast period, 2023-2027.



According to TechSci Research report, Sand Trap For Oil & Gas Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, The global sand trap for oil & gas market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR value. The market growth can be attributed to the factors like growing demand for the cleaner crude oil production. Rapidly increasing demand for the oil and petroleum products is further driving the growth of the global sand trap for oil & gas market in the upcoming five years. Drilling equipment and related safety equipment and tool are highly sophisticated and require specific designing and manufacturing. Increasing demand for such sophisticated tools cannot be fulfilled by other equipment and tools and thus support the growth of the global sand trap for oil & gas market. Oil reservoirs are often present in fragile environment or in areas where excavation of oil is not simple. After the drilling is conducted in such environment, produced crude oil often carries slurry and mud with it. To separate the mud a sand trap is setup just beside the shaker, thus providing cleaner crude oil.

Dependency of major economies over the oil and gas production further leads the growth of the global sand trap for oil & gas market in the future five years. Increasing number of market players, increasing investment from the government, private fundings, along with the favorable schemes from the government toward oil production and the industry further aids the growth of the global sand trap for oil and gas market in the forecast years, until 2027.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Sand trap for oil & gas Market"

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The global sand trap for oil & gas market segmentation is based on type, application, well type, regional distribution, and competitive landscape. Based on type, the market is divided between gravity and centrifugal. Gravity sub-segment is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of its prolonged life and cost efficiency. This gravity equipment provides good separation of mud from the oil across a wide range of flow regimes and operating pressures. These gravity sand traps have no mobile parts but still has long years of operations and requires minimum maintenance. Centrifugal type of sand trap is complicated equipment utilized for the sand separation. The basic principle of the functioning of this type of sand trap is that it works on the centrifugal force. The process traps mud and sand and heavier slurry at the bottom of the pit and moves cleared oil to the top. Due to the complexity of the equipment and difficult maintenance, the machinery is comparatively less preferred.

Well type segment of the market is also fragmented into horizontal and vertical well type. Horizontal well type may lead the market segment in the upcoming five years and assert their dominance in the upcoming five years since horizontal well types require sand traps more as the oil drilling in the horizontal wells carry higher content of slurry along with the oil. Difficulty in the oil excavation from the horizontal wells further substantiated the growth of the global sand trap for oil and gas market in the next five years.

Some of the market players, dominating the global market are:

  • National Oilwell Varco
  • Sunry Petroleum Equipment Co. Ltd.
  • Cajun energy, Novomet
  • Forum Energy Technologies Inc.
  • Kasravand Co.
  • RK Industries LLC

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“North America is anticipated to dominate the market segment with largest revenue shares in the upcoming five years due to increasing demand for the oil and gas. Increasing number of onshore oil rigs is further supporting the growth of the market in the region. Oil reserves in the United States, and Mexico also has increased capacity, and the difficult terrain demands for the sand traps, mostly in the Gulf of Mexico region, thus aiding to the growth of the global sand trap for oil & gas market in the next five years. New market players may focus on the consistent research and advanced product development for their brand establishment. Increasing investment for the product development would also aid in the future endeavors,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Sand Trap For Oil & Gas Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Type (Gravity, Centrifugal), By Application (Cased Hole, Open Hole), By Well Type (Horizontal, Vertical), By Region”, has evaluated the future growth potential of global sand trap for oil & gas and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global sand trap for oil & gas market.

 

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Coaching Pressure Electric Toothbrush Market - Global Industry Size, Share, Trends & Forecast 2026 | TechSci Research

According to #TechSci Research report on Global Coaching Pressure Electric Toothbrush Market, the surge in awareness regarding the benefits of dental hygiene and rapid urbanization is expected to drive the demand of the market.

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Extended Reach Drilling Market to Grow with Advancing Technology During the Forecast Period

 Global Extended Reach Drilling Market is driven by surge in demand for oil & gas production in the forecast period, 2023-2027.



According to TechSci Research report, Extended Reach Drilling Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027”, The global extended reach drilling market is projected to showcase impressive CAGR in the next five years, on account of increasing demand for oil and growing usage of technologies like rotary steerable systems and friction reduction tools, among other for faster drilling process. Expansion in the automotive industry, construction industry, and other manufacturing units is expected to drive the growth of the global extended reach drilling market in the upcoming five years. Also, rising demand for oil excavation from the fragile environment to support the increasing oil & gas demand in the world is further supporting the growth of the global extended reach drilling market. Increasing demand for advanced tools and technologies for increasing capacity of oil excavation and avoiding oil loss during production are positively influencing market through 2027.

Other factors like increasing investment from the government and private sector along with development of innovative tools are also aiding the growth of the global extended reach drilling market in the forecast years, until 2027F.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Extended Reach Drilling Market"

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The global extended reach drilling market is segmented on the basis of type, well type, technology, application, regional distribution, and competitive landscape. Based on type, the market is fragmented into shallow, intermediate, deep, and ultradeep. Shallow type of extended reach drilling is anticipated to hold the largest revenue shares of the market and dominate the market segment in the forecast period on account of increased oil excavation projects in the fragile environments. The reservoirs marked as non-commercial due to higher cost of excavation since the environment is too fragile or if the drilling process causes heavy wear-tear to the equipment and tool making it an expensive option, extended reach drilling is a viable option in these cases. Extended reach drilling used a directional drilling process with extended reach is anticipated to support the future growth of the sub-segment in the future five years.

The market based on well type is segmented into 3D wells, deviated wells, and others. Deviated wells are anticipated to hold the largest revenue shares of the market and dominate the market in upcoming five years on account of increasing dependency on extended reach drilling processes. The deviated well is minimum 10 degrees more than vertical bore lining but less than 80 degrees, making it an intermediate between vertical wells and horizontal wells. These wells are often dug for extended reach drilling process or in case vertical drilling is difficult and horizontal drilling is very expensive.

On the basis of technology, the market is sub-segmented into rotary steerable systems, measurement-while-drilling, and logging-while-drilling. Rotary steerable systems are a directional drilling technology that specializes in downhole equipment over the traditional directional technology & tools. The equipment is priorly programmed by the driller with available measurements and is then steered into the desired direction. Added advantages like improved transportation of drilled cuttings to the surface, better weight transfer, reduced well bore porosity to avoid oil loss during excavation, are expected to drive the growth of the sub-segment and the growth of the global extended reach drilling market in the next five years. Measurement-while-drilling is a type of well logging where measurement tools are incorporated with drill string such that it provides real-time measurements for successful drill steering.

Some of the market players, dominating the global market are:

  • China Oilfield Services Limited
  • HXR Drilling Services
  • K&M Technology Group
  • Schlumberger Limited
  • Baker Hughes
  • Halliburton Company
  • Weatherford International
  • Mubadala Petroleum Ltd.

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“Regions like Gulf of Mexico, and other onshore reservoirs in the United States are actively utilizing extended reach drilling procedures and thus driving the growth of the North America global extended reach oil drilling market. The government is also actively investing in the directional drilling processes like extended reach drilling such that oil can be produced from even the non-commercial zones and thus commercialized to generate higher profits. Also, the US and Canada are major economies where shale gas exploration is upsurging and thus driving the market growth. New market players may focus on technological advancements to generate profits,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Extended Reach Drilling Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2017-2027, Segmented By Type (Shallow, Intermediate, Deep, and Ultradeep), By Well Type (3D Wells, Deviated Wells, Others), By Technology (Rotary Steerable Systems, Measurement-while-Drilling, Logging-while-Drilling), By Application (Onshore, Offshore), By Region”, has evaluated the future growth potential of global extended reach drilling market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global extended reach drilling market.

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Power Slip Lifter Market To Grow With an Impressive CAGR During The Forecast Period

 Global Power Slip Lifter Market is driven by rising concerns regarding oil spills in the forecast period, 2023-2027.



According to TechSci Research report, Power Slip Lifter Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, The global power slip lifter market may show a robust growth in the forecast years, 2023-2027 with an anticipated CAGR value. The market growth can be attributed to the factors like increasing demand for the safer oil rig equipment. Demand for more efficient drilling equipment, pipe handling equipment, and safer to handle tools is driving the growth of the global slip lifter market in the upcoming five years. Oil drilling equipment are quite specific and perform integrated and specialized functions. Surging demand for the sophisticated drilling and handling system further supports the growth of the global power slip lifter market in the net five years. Increased investment and governmental funding in the oil and gas industry such that better equipment and tools can be utilized, and oil production can be increased. Surging demand for increasing oil production to insatiate the increasing oil consumption from various end use industries is also responsible for the further growth of the global power slip lifter market in the future five years.

Furthermore, increasing research and innovative product development and increasing market player involvement for the advancement of the equipment and tools also substantiate the growth of the global power slip lifter market in the forecast years, until 2027. Oil and gas industry is ever expanding, therefore not too concerning factors are present that may hold back the future market growth.

Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on " Global Power slip lifter Market"

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The global power slip lifter market segmentation is based on type, bushing, location, holding component, regional distribution, and competitive landscape. Based on type, the market is divided between hydraulic and pneumatic. Hydraulic power slip lifters are anticipated to hold the largest revenue shares of the market and dominate the market segment in the next five years on the account of increasing offshore oil drilling sites. Demand for power slip lifter for offshore sites is also increasing due to concerns over oil spills, and rig blowouts. Oil spills in the ocean further creates hazard for the marine life and destroys the marine ecosystem altogether. The losses incurred affects environment on multiple level, pollution of water bodies, loss of food, and loss of marine life all upsurge the demand for better safety equipment and thus drives the growth of the global power slip lifter market in the upcoming five years. Pneumatic power slip lifter is also expected to register significant growth in the future five years on the grounds of increasing number of onshore riggs. Rising concerns regarding oil spills on oceanic water has further shifted the drilling sites to offshore oil riggs. Increasing onshore rigs in the United States are also responsible for further demands of power slip lifters. Presence of oil riggs in fragile environment like arctic circle is also driving the growth of the global power slip lifter market in the forecast years.

Location segment is bifurcated between offshore and onshore. Offshore locations are anticipated to hold the largest revenue shares of the market and dominate the segment in the upcoming five years on the grounds of availability of the offshore oil production sites. Moreover, the oil production from the offshore location is easier to drill and also riskier, thus demand for power slip lifter is higher for these location and thus substantiate the growth of the global power slip market in the forecast years, until 2027.

Some of the market players, dominating the global market are:

  • Imenco Smart Solutions
  • Weatherford International
  • Forum Energy Technologies Inc.
  • Janki Oil Tools
  • Keystone Energy Tools
  • Den•Con Tool Co

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“North America region is anticipated to dominate the regional analysis in the upcoming five years on the grounds of increasing oil rigs. Countries like the United States and Mexico have several offshore drill rigs. Also, Gulf of Mexico has largest oil production capacity, and gets exploited for the extraction of oil. Safety concerns on these lands are high due to risks of oil spills or drilling accidents on the drill floor. Rising concerns over the safety and security of the oil production units and the members involved further substantiate the demand and growth of the global power slip lifter market in the next five years. New market players may focus on research and product development for the effective functioning, and higher safety standards would help in future brand establishment. Future growth can also be achieved by merger and acquisitions with the global giants already established in the market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Power Slip Lifter Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, Segmented By Type (Hydraulic, Pneumatic), By Bushing (Casing Bushing, Master Bushing), By Location (Offshore, Onshore), By Holding Component (Drill Pipe Slips, Drill Collar Slips, Casing Slips, Others), By Region”, has evaluated the future growth potential of global power slip lifter and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global power slip lifter market.

 

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Monday 17 January 2022

Seismic Services Market to be dominated by Data Acquisition type through 2027 – TechSci Research

 Increasing use of seismic technology in shale has exploration and surge in energy requirements are driving the growth of global seismic services market in the forecast period, 2023-2027.

According to TechSci Research report, Seismic Services Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027, the global seismic services market is anticipated to witness moderate growth in the forecast period, 2023-2027. Seismic services are crucial to finding the geographical properties of the earth, such as elastic, thermal, gravitational, magnetic, and electrical properties that are used to explore natural gas, petroleum, and mineral deposits. By utilizing the seismic tools, lateral and depth variations and hydrocarbon can be detected, which simplifies the process of oil and gas exploration and production. Rapid urbanization and the proliferation of smart devices are increasing oil and gas exploration activities as they require energy for functioning properly. Development of deepwater and ultra-deepwater water reserves to boost production as the land-based and shallow oil fields have reached maturity stages are expected to boost the growth of the global seismic services market.

However, the seismic services take the help of seismic surveys. Offshore seismic surveys create a lot of noise which is considered harmful for marine mammals. Strict government regulations controlling seismic survey noise in several countries may restrain the global seismic services market growth in the forecast period.



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The global seismic services market is segmented on the basis of service, technology, location of deployment, application, regional distribution, and company.

On the basis of type, the global seismic services market is divided into data acquisition, data processing, and interpretation. The data acquisition segment holds the largest market share and is expected to dominate the next five years. Data obtained helps explore new reserves with longer production lifecycles. The use of data in finding new oil and gas reserves is expected to accelerate the growth of data acquisition.

On the basis of technology, the global seismic services market is divided into 2D imaging, 3D imaging, and 4D imaging. The 3D imaging segment is expected to account for a substantial market share in the forecast period. 3D imaging is in high demand from oil and gas companies as it helps solve problems and lower the risk in production, development, and exploration operations.

On the basis of the location of deployment, the global seismic services market is bifurcated into onshore and offshore. The offshore segment is expected to witness growth opportunities to grow at a robust rate in the next five years. Recovery in the oil prices and the data obtained from the offshore locations is much higher in quality are driving the growth of the offshore segment. The presence of a large number of offshore locations compared to onshore locations and the availability of favorable conditions to obtain information by using seismic services are expected to fuel the growth of the global seismic services market.  

On the basis of application, the global seismic services market is divided into construction, oil & gas, mining, and others. The oil & gas segment is projected to grow at the fastest incremental rate in the forecast period. An increase in the number of industries and manufacturing units using oil and gas as a power source and the flourishing automotive industry is boosting the energy requirements around the globe. The rise in government officials' efforts for infrastructure developments and the huge number of ongoing construction activities significantly contributed to the surge energy requirements worldwide. The demand for more energy generation and the substantial investments made by market players are expected to magnify the global seismic services market demand.

Major operating companies operating in global seismic services market are:

·         Agile Seismic LLC

·         Amerapex Corporation

·         Asian Energy Services Ltd

·         China National Petroleum Corporation

·         China Oilfield Services Limited

·         Echo Seismic Ltd.

·         Halliburton Company

·         Pulse Seismic Inc.

·         Schlumberger Limited

·         SeaBird Exploration

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“North America is witnessing a surge in offshore exploration activities. The region has tremendous growth potential due to the presence of untapped resources, which is expected to create growth opportunities for the global seismic services market. Recent discoveries in the Mexico and United States offshore are attracting huge foreign investments along with the growing use of advanced technology for oil exploration activities are expected to propel the growth of the global seismic services market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Seismic Services Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, has evaluated the future growth potential of global seismic services and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global seismic services market.

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