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From the Sky to the Field: How Drones are Transforming Farming Practices
"Drone technology is revolutionizing agriculture by providing farmers with real-time data and imagery, enabling them to make informed decisions about crop management, irrigation, and pest control. This level of precision helps to optimize yields and reduce resource use, ultimately leading to more sustainable farming practices."
Henry Gordon-Smith, CEO of Agritecture, on the use of drones in agriculture:
Introduction
Drones have revolutionized various industries, and agriculture is no exception. Drone farming represents the cutting edge of agricultural technology, promising efficiency, precision, and sustainability. The agricultural drone market is expected to grow from $1.2 billion in 2019 to $4.8 billion by 2024.
From scouting to security, drones are becoming common on both large and small farms. In many areas, drone use is already essential for large-scale precision farming operations. Data collected by drones help farmers optimize planting and treatments, potentially increasing yields by up to 5%. This blog explores the benefits, applications, challenges, and future prospects of drone farming, highlighting its transformative impact on modern agriculture.
What is Drone Farming?
Definition: Drone farming, or UAV (Unmanned Aerial Vehicle) farming, involves the use of drones to perform agricultural tasks such as monitoring crops, spraying pesticides, and analyzing soil.
Historical Context: Initially used for military and recreational purposes, drones have found significant applications in agriculture over the past decade, driven by advancements in technology and the need for precision farming.
Benefits of Drone Farming
Increased Efficiency: Drones can cover large fields quickly, performing tasks like spraying and monitoring in a fraction of the time it takes using traditional methods.
Precision Agriculture: By using sensors and GPS technology, drones can apply fertilizers and pesticides with pinpoint accuracy, reducing waste and environmental impact .
Cost Reduction: Although the initial investment in drone technology can be high, the long-term savings from reduced labour and input costs can be substantial.
Environmental Impact: Drones help reduce the overuse of chemicals and water, contributing to more sustainable farming practices .
Applications of Drones in Agriculture
Crop Monitoring: Drones equipped with multispectral and thermal sensors can monitor crop health, detect disease, and assess plant growth .
Soil and Field Analysis: Before planting, drones can create detailed 3D maps to analyze soil health, moisture levels, and nutrient distribution, aiding in better planning and resource management .
Planting: Some drones can plant seeds by shooting them into the soil with compressed air, which is especially useful in difficult-to-reach or hazardous areas .
Spraying: Drones can spray pesticides and fertilizers more evenly and precisely than traditional methods, reducing the amount of chemicals needed and minimizing human exposure to harmful substances .
Irrigation Management: By identifying areas of the field that are too dry or too wet, drones help farmers optimize irrigation and conserve water .
Sensor Technologies in Agricultural Drones
Agricultural drones are equipped with advanced sensor technologies that revolutionize farming practices. These sensors provide detailed insights into crop health, soil conditions, and more. Here are some key sensor technologies used in agricultural drones:
RGB Cameras: Capture high-resolution images for detailed crop analysis.
Multispectral Cameras: Is used to detect Nutrient deficiencies and early signs of disease.
Thermal Cameras:
Detects heat to identify plant stress and pests.
LiDAR: Create 3D terrain maps for topographical analysis.
GPS: Enables autonomous flight, accurate mapping, and issue identification.
Real-World ExamplesCase Studies:
Case Study: Enhancing Agricultural Efficiency with Krishi
Background
Modern agriculture increasingly relies on technological advancements to improve productivity and sustainability. One such innovation is the use of drones for various farming tasks, including crop management and irrigation.In this case study we will explore the impact of Krishi, a high-efficiency agricultural drone, on a medium-sized farm.
Challenge
Farmers often face the challenge of managing large areas of crops with limited resources and time. Traditional methods of spraying and monitoring can be labour-intensive and time-consuming.
Solution
The introduction of Krishi, an advanced agricultural drone, aimed to address these challenges by offering high efficiency and outstanding capacity.
Implementation
Krishi was deployed on a 50-acre farm to assist with crop management and irrigation tasks. The drone's capabilities were tested over a growing season, focusing on its efficiency and capacity.
Krishi was designed for maximum efficiency, covering 2-3 acres in a single flight. This exceptional capability saved considerable time and improved the overall effectiveness of crop management and irrigation systems. For instance, tasks that would typically take several hours were completed in just a fraction of the time, allowing for more precise and timely interventions.
Krishi's substantial 10-litre capacity enabled extended operation without frequent refills. This feature allowed the drone to cover large areas before requiring additional inputs, significantly enhancing convenience for the farmers. During peak spraying season, the drone managed extensive fields with fewer interruptions, ensuring consistent application of fertilizers and pesticides.
Results
The deployment of Krishi resulted in notable improvements in farm operations:
Increased Efficiency: The time required for crop management tasks was reduced by 60%, allowing farmers to allocate more time to other critical activities.
Higher Yields: The precision and timeliness of interventions led to a 15% increase in crop yields.
Cost Savings: Reduced labour and operational costs due to the drone's efficiency and capacity contributed to overall savings.
Krishi's high efficiency and outstanding capacity demonstrated significant benefits in enhancing agricultural productivity. This case study highlights the potential of advanced agricultural drones to transform farming practices, making them more efficient, cost-effective, and sustainable.
InJapan, drones are used extensively for rice cultivation, where they spray pesticides and monitor crop health . In the United States, large agricultural firms use drones for precision agriculture to improve crop yields and reduce costs .
Innovative Companies:
Companies like DJI, drone ,PrecisionHawk, and AgEagle are at the forefront of developing drone technology for agriculture, offering solutions that range from crop monitoring to automated spraying systems.
Challenges and Limitations
Regulatory Issues: The use of drones in agriculture is subject to strict regulations regarding airspace, privacy, and safety, which can vary significantly between countries .
Technical Limitations: Drones have limited battery life and may face difficulties operating in adverse weather conditions. The complexity of managing and analyzing the vast amounts of data they collect is another challenge .
Cost and Accessibility: The high initial cost of purchasing drones and the need for specialized training to operate them can be barriers for small-scale farmers.
Future Prospects
Technological Advancements: Future advancements in drone technology, such as improved battery life, AI integration, and better sensors, will likely enhance their capabilities and reduce costs .
Global Adoption: As drone technology becomes more affordable and accessible, its adoption is expected to grow globally, potentially transforming agricultural practices and improving food security.
Conclusion
Drone farming offers numerous benefits, from increased efficiency and precision to cost savings and environmental sustainability.The adoption of drone technology in the agriculture sector has the potential to revolutionize the way farmers manage their crops and improve yields. While challenges such as concerns about job displacement and a lack of knowledge and training persist, there are ongoing initiatives to promote the use of this technology and provide support to farmers looking to implement it.Despite challenges, its future looks promising with ongoing technological advancements
Final Thoughts: Embracing drone technology can significantly enhance agricultural productivity and sustainability, making it a vital tool for the future of farming.
ResourcesLinks:
PrecisionHawk: Drone Solutions for Agriculture
DJI Agriculture: Drones for Farming
Key Sessions at AgriNext Awards Conference & Expo
The AgriNext Awards Conference & Expo is not just a platform for showcasing innovations but also a hub for insightful sessions on cutting-edge agricultural technologies. One such noteworthy session is:
Standalone Session 2: 'Drones and Robotics in Precision Agriculture'
Date: 14 November 2024
Time: 12:15 PM - 12:45 PM
Venue: Crowne Plaza Dubai - Festival City
This session will delve into the latest advancements in drone and robotics technology, demonstrating their applications in precision agriculture. It’s a must-attend for anyone interested in understanding the future of farming technology.
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Compressed Air Treatment Equipment Market 2019 to Witness High Growth in Near Future | Top Key Players like Airfilter Engineering, Atlas Copco
This report on the Global Compressed Air Treatment Equipment Market consists of an elaborate executive summary, including market status, which provides information on the various sectors of the market. The report also provides global market intelligence and data analysis with regard to segments based on products, tests and end users. The Market Overview section provided a detailed qualitative analysis of the drivers, restrictions and market opportunities in the market. In addition, this section consists of a competition matrix and company profile with a business overview for planning the competitive environment of the market.
Top Key Vendors involved in this report are: Airfilter Engineering, Atlas Copco, Aerzener Maschinenfabrik GmbH, Beko Technologies Corp, Emerson Climate Technologies, Inc, etc.
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This Global Compressed Air Treatment Equipment Market statistic report provides extensive research into in-depth insights, including the competitiveness of key players and trend players. Mergers, acquisitions, partnerships, collaborations, and contracts are the most important business tactics that are adopted by the most important players, recognized and scrutinized in the report.
By Application: Plant air shop air, Instrument air, Process air, Breathing air
Market Value, by End-user: Chemical, Paper, Food & beverage, Healthcare
North America: U.S., Mexico, Europe, Germany, U.K, Asia Pacific, China, India, Japan, RoW Brazil
This report provides a comprehensive assessment of the Compressed Air Treatment Equipment market. We do this with in-depth qualitative insight, historical data, and verifiable predictions of market size. It also provides key details such as production capacity, manufactured product type, gross margin, global product production share, production value, company contact information and manufacturing process. A key factor driving market growth is the growing demand for efficient energy solutions.
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The research report closely examines market orders that perform SWOT analysis for key players in the Compressed Air Treatment Equipment market. Charts, statistics, graphs, and tables have been included to provide clear information. The study is also reviewed geographically. All the key factors that drive the market towards growth are provided.
- Influence of the Compressed Air Treatment Equipment market report:
-A Comprehensive assessment of all opportunities and risk in the Compressed Air Treatment Equipment market.
-Recent innovations and major events.
-A detailed study of the business strategy for the growth of the player leading the Compressed Air Treatment Equipment market.
-A definitive study of the market's growth plot over the next few years.
-In-depth understanding of market drivers and key micro markets.
-Facilitating important technologies and market latest trends that hit the market.
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#Compressed Air Treatment Equipment#Compressed Air Treatment Equipment market analysis#Compressed Air Treatment Equipment market growth#Compressed Air Treatment Equipment market size#Compressed Air Treatment Equipment market research report#Compressed Air Treatment Equipment market trend#Compressed Air Treatment Equipment market insights
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Global Pneumatic market Research Report, Size, Share, Growth and Future Outlook : Ken Research
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The global Pneumatic market was valued at 138.47 Million USD in 2020 and will grow with a CAGR of 6.89% from 2020 to 2027, based on HNY Research newly published report.
The prime objective of this report” Global and Regional Pneumatic Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027” is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Pneumatic are the components that use a source of compressed air to power moving parts. Pneumatic use compressed air to transmit and control energy. Pneumatic systems commonly use compressed atmospheric air, as it is abundant and inexpensive.In the coming years there is an increasing demand for Pneumatic in the regions of United States and Europe that is expected to drive the market for more advanced Pneumatic. Growth in government budgets in the principal countries, increasing of machinery fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Pneumatic will drive growth in United States and Europe markets.
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By Market Verdors:
SMC
Festo
Parker
Norgren
Bosch Rexroth
Camozzi
CKD
AirTAC
EASUN
Fangda
Wuxi Huatong
JELPC
Dongsheng
CNSNS
Yaguang
By Types:
Pneumatic Cylinders
Pneumatic Calves
Air Treatment Components
By Applications:
Machinery
Chemical Industry
Electronic
Spinning
Package
Car
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market's competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Medical Vacuum System Market To Surpass US$ 1.9 Billion By 2026 - (CMI)
The Global Medical Vacuum System Market, by Product Type (Standalone, Centralized, Portable, and Others), by Technology (Dry Claw Vacuum Pump, Oil-Sealed Liquid Ring, Water-Sealed Liquid Ring, Oil-Sealed Rotary vane, and Others), by Application (Diagnostics, Wound Care, Anesthesiology, Gynecology, and Others), by End User (Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Hospitals, Academic and Research Institutes, Pharmaceutical and Biotechnological Companies, and Others), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), was valued at US$ 1,176.4 million in 2018, and is projected to exhibit a CAGR of 6.6%, during the forecast period (2019-2026), as highlighted in a new report published by Coherent Market Insights.
Increasing product launch activities by key players is expected to drive the global medical vacuum system market growth. For instance, in February 2018, BeaconMedaes Lab launched new MSV Rotary Medical Screw Vacuum System. It offers large and efficient vacuum service to medical and laboratory applications. The systems can help to reduce costs associated with multiple vacuum demands mostly in hospital and laboratory setting. Furthermore, expansion of business by key players is expected to drive growth of global medical vacuum system market. For instance, in January 2016, RGS launched its new subsidiary branch RGS Vacuum Solutions S.r.l. RGS Vacuum Solutions produces industrial vacuum cleaner, powder transfer system, centralized vacuum system, and accessories. Hence, business expansion activities related to manufacturing of vacuum systems will support the global medical vacuum system market growth.
* The sample copy includes: Report Summary, Table of Contents, Segmentation, Competitive Landscape, Report Structure, Methodology.
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Browse 37 Market Data Tables and 32 Figures spread through 167 Pages and in-depth TOC on "Medical Vacuum Sysetm Market, by Product Type (Standalone, Centralized, Portable, and Others), by Technology (Dry Claw Vacuum Pump, Oil-Sealed Liquid Ring, Water-Sealed Liquid Ring, Oil-Sealed Rotary vane, and Others), by Application (Diagnostics, Wound Care, Anesthesiology, Gynecology, and Others), by End User (Hospitals and Clinics, Diagnostic Centers, Ambulatory Surgical Hospitals, Academic and Research Institutes, Pharmaceutical and Biotechnological Companies, and Others), by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Forecast to 2026"
Increasing number of merger and acquisition activities by key players is expected to drive the global medical vacuum system market growth. For instance, in July 2015, Nilfisk Group acquired Kerrick, a provider of industrial and commercial cleaning equipment, for distribution of cleaning equipment such as vacuum cleaners. Nilfisk Group is a supplier of cleaning equipment including vacuum cleaner for industrial as well as commercial market. Kerrick is a supplier of industrial vacuum equipment. Furthermore, in March 2018, Atlas Copco acquired Walker Filtration Ltd, manufacturer of equipment for the treatment of compressed air, gas and vacuum.
Under this acquisition, the business of Walker Filtration Ltd, has been operated as a part of the Medical Gas division in Atlas Copco’s Compressor Technique business area. Moreover, increasing number of approval activities by regulatory authorities for medical vacuum system is expected to propel growth of global medical vacuum system market. For instance, in October 2018, ConvaTec Group Plc. received U.S. Food and Drug Administration (FDA) approval for its negative pressure wound therapy system Avelle. Avelle is a small, portable, and disposable vacuum system, which is used for wound healing.
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Key Takeaways of the Global Medical Vacuum System Market:
The global medical vacuum system market is expected to witness a CAGR of 6.6% during the forecast period (2019–2026), owing to increasing collaboration activities by key players. For instance, in November 2018, Busch LLC collaborated with the Pfeiffer Vacuum Technology AG. Under this collaboration, Busch LLC focuses on developments of various segments such as sales & services, research and development, and improve the vacuum product line.
Among regions, Asia Pacific is expected to witness significant growth in the medical vacuum system market, owing to high presence of key manufacturers and suppliers of medical vacuum systems in the region. For instance, majority of key manufacturers and suppliers of medical vacuum system such as Medical Corporation, Olympus Corporation, RGS Vacuum Solution, Hunan Eter Electronic Medical project Co, Ltd., and Weifang Km Electronics Co, Ltd, belong to Japan, India, and China.
Major players operating in the global medical vacuum system market include, Asahi Kasei ZOLL Medical Corporation, INTEGRA Holdings, Medela AG, Precision Medical, Inc., Dregerwerk, AG & Co KGaA, Allied Healthcare Products Inc. Gardner Denver Holdings, Busch Holdings GmbH, Laerdal Medical, and Air Techniques
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District Cooling Energy System Market Top Companies, Business Growth & Investment Opportunities, Share and Forecasts 2027
The report titled “Global district cooling energy system market: Global Demand Analysis & Opportunity Outlook 2027”delivers detailed overview of the global district cooling energy system in terms of market by region, by heating, by cooling, by end-user
Global District Cooling Energy system Market Segmented (By heating Heat-only Boilers, Combined Heat & Power, Geothermal Heating, Solar Heating and Heat Pumps By cooling-: Free Cooling, Absorption Cooling, Compression Cooling By End-User-: Residential, Commercial, Industrial) Global Demand Analysis & Opportunity Outlook 2027
Normal air conditioning system produces/emits more co2 gas and pollutes the environment, which causes global warming and giving rise to the greenhouse gases. While, district energy cooling system is eco-friendly and emits almost 50% less co2 gas when compared to normal air conditioning system. District energy cooling system components involves chillers, towers, condenser, control system and others.
District cooling energy system can be used in residential, commercial and many other sectors to provide cooling in the district area or required room by the effect of low temperature from insulated pipes undergrounded at that particular location.
District cooling energy system uses the un ground piping system to cool the required area by transferring chilled water from water treatment plant into the pipes, which further provides the cooling effects into the walls of required rooms.
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Market Forecast
Global district cooling energy system market is expected to grow around USD19 billion at a CAGR of 16% till expected forecast period i.e. 2018-2027. Rise in demand for cooling energy system owing to increase in temperature is anticipating the district cooling energy system market to grow in a symbolic manner. Growing world population and rise in the consumption of air cooling conditioner units anticipates the positive growth of market and is expected to follow the same trend in future also.
North America and Asia Pacific also holds the large market share across the region with rising demand of cool air conditioning unit over the district area or room to provide cooling effect.
Growth Drivers
Increase in the awareness amongst the people of world for non-polluting energy system, which reduces greenhouse effect by low emission of co2 as compared to the emission of co2 gas in. Moreover Middle East and Africa’s population demands for more cool energy system owing to rising temperature across the region is the growth driver for district energy cooling system in the market.
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Energetic competition amongst the key players of market and innovations for eco-friendly energy cooling system is the growth driver of market. Additionally, government additions to the policy for greenhouse gas effect drastically demands for district cooling energy system and is driving the growth of market.
Challenges
One of the challenging factor which is hampering the growth of this market, is high initial set up cost for installing the district energy cooling system network.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model. This report also provides the existing competitive scenario of some of the key players of the gl0bal district cooling energy system market which includes company profiling of ADC Energy Systems LLC, Emirates Central Cooling Systems Corporation (EMPOWER), Emirates District Cooling LLC (Emicool), Emirates National Central Cooling Company PJSC (Tabreed), Keppel DHCS Pte. Ltd., Logstor A/S, Shinryo Corporation, Vattenfall AB, Fortum Oyj and Statkraft AS..
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of global district energy cooling system market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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Compressed Air Treatment Equipment Market Competitive Analysis and Forecast Report till 2025
May 26, 2021: The global Compressed Air Treatment Equipment Market is expected to value at USD 11.2 billion by 2025. The market is subject to witness a substantial growth due to the growing concerns related to air pollution and increasing number of application in industrial sector. Growing awareness level among general population regarding air quality and development of sophisticated devices in manufacturing sector is expected to favor market growth over the next seven years. Globally, the compressed air treatment equipment industry is predicted to grow at CAGR of 6% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market.
Major applications of compressed air treatment equipment include air purification and air treatment in various end-user industries across the globe. In addition, increasing demand for compressed air treatment equipment from food & beverages sector for processing application and limit contamination of food due to poor air quality is anticipated to drive the growth of compressed air treatment equipment market over the forecast period. Accumulation of moisture, hydrocarbon and particulate in air can contaminate end-product during the various manufacturing activities.
Use of compressor also contributes to the contamination of air in form of carryover and wear particles. These factors are expected to fuel market demand over the next seven years. However, lack of awareness among manufactures and lower maker penetration is estimated to limit market growth over the coming years. Yet, swift decline in the cost of compressed air treatment equipment and rising number of promotional activities by industry players is expected to offer future growth prospects for compressed air treatment equipment industry players in the upcoming years.
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Growing adoption of compressed air treatment equipment for air treatment helps to maintain compressed air system in optimized shape and removes humidity. Complete removal of humidity from compressed air system along with highly efficient cooling ensures low energy costs that supplements the lifecycle of tools and equipment. Compressed air treatment equipment plays a vital role in removing residual humidity, thus obtain dry air for several end use applications. Compressed air treatment helps to enhance the system efficiency and prolong product lifecycle by limiting effect of corrosion and rust.
The compressed air treatment equipment market is broadly categorized into five major segments based on the application type such as chemical industry, paper& paperboard sector, food & beverages industry, pharmaceutical sector and healthcare industry. The chemical segment is growing rapidly in the compressed air treatment equipment industry with substantial revenue generation in the last few years.
Growing popularity of compressed air treatment equipment in the chemical segment is attributed to the increasing use of compressor and to curb industrial air pollution. The food & beverages segment has also witnessed substantial growth owing to the growing requirement for sophisticated devices to minimize end product contamination.
The compressed air treatment equipment market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in air treatment sector, massive boom in manufacturing sector, rise in number of research & development activities in the region and existence of well-established infrastructure.
Asia-Pacific region is estimated to hold major market share in compressed air treatment equipment with massive growth in forecast period.
Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, increasing manufacturing activities, rising awareness level regarding air pollution, stringent government laws & regulation by local governments to curb industrial pollution, and significant investment by leading industry players considering potential growth opportunities in the region.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/compressed-air-treatment-equipment-market
The key players in the compressed air treatment equipment industry are Parker Hannifin Co., Ingersoll-Rand plc, Atlas Copco Ltd., Donaldson Company, Inc., Emerson Climate Technologies, Inc., Ingersoll-Rand plc, Parker Hannifin Co. and Gardner Denver, Inc.
Market Segment:
Compressed Air Treatment Equipment Product Outlook (Revenue, USD Million; 2014 - 2025)
• Filters
• Particulate filter/pre-filter
• Coalescing filter/oil removal
• Adsorber filter/oil vapor removal
• Filtered centrifugal separator
• High temperature afterfilters
• Moisture separators
• Dryers
• Refrigerated dryers
• Desiccant dryers
• Membrane dryers
• Deliquescent dryers
• Aftercoolers
• Others
Compressed Air Treatment Equipment End-use Outlook (Revenue, USD Million; 2014 - 2025)
• Chemical
• Paper
• Food & beverage
• Pharmaceutical
• Healthcare
• Others
Compressed Air Treatment Equipment Regional Outlook (Revenue, USD Million; 2014 - 2025)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• Japan
• South America
• Brazil
• Middle East & Africa
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Methyl Methacrylate(MMA) Market 2021-2028 | Comprehensive Study Covid19 Impact Analysis | GET FLAT 20% OFF ON THIS REPORT
GET FLAT 20% OFF ON THIS REPORT
Methyl Methacrylate(MMA) Market Report Coverage: Key Growth Factors & Challenges, Segmentation & Regional Outlook, Top Industry Trends & Opportunities, Competition Analysis, COVID-19 Impact Analysis & Projected Recovery, and Market Sizing & Forecast 2021-2028.
Market Insights
The global Methyl Methacrylate(MMA) market report provides comprehensive product analysis which includes its expected performance, pricing factors, and potential developments during the forecast period 2021-2028. The report confers information about the market’s overall performance, challenges, threats, and opportunities that reflects the present and future market scenario.Along with this, it lays out details on the latest government regulations and norms that impact the growth of the market.A new informative report on the Methyl Methacrylate(MMA) Market was recently published by Ordient Market Research and added to its extensive database for creating better strategic business decisions. It uses various proven research methods like primary and secondary research methods to gather data from various sources. It includes an in-depth analysis of the worldwide segments and sub-segments of the market that contributes to understanding the present status of the Methyl Methacrylate(MMA) market.
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The Global Methyl Methacrylate(MMA) Market Report offers extensive knowledge and information about the Methyl Methacrylate(MMA) market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global Methyl Methacrylate(MMA) market further validated and verified by the industry experts and professionals. The Global Methyl Methacrylate(MMA) Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Methyl Methacrylate(MMA) market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Market Analysis
The Methyl Methacrylate(MMA) market research report offers in-depth research and analysis of the key aspects of the Methyl Methacrylate(MMA) industry. The report offers holistic marketing research that permits companies to form decisions supported by changing market trends. It includes a market overview that gives a basic understanding of the market. This market is split into different segments, e.g., B. Type, applications, end-users, and sales channels. Additionally, the report includes a competitive analysis and a corporation profile of the key market players.
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Segmentation Outlook
The report gives an extensive analysis of various segments of the market by studying the product range, applications, major regions, and leading companies in the industry. Additionally, the report also dedicates an individual section to give a detailed analysis of the manufacturing process, which includes information collected through both primary and secondary sources of data collection. The primary source of data collection contains interviews of industry experts who offer accurate insights into the future market scenario.
Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.):
ACH Process
C4 Direct Oxidation
MAN Process
C4 DOE Process
New ACH Process
C2 BASF Process
Application Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
Acrylic sheet
Moulding/ extrusion compounds
Surface coating
Other
Regions covered in Methyl Methacrylate(MMA) market report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Years Considered to Estimate the Market Size:
History Year: 2015-2020
Base Year: 2020
Estimated Year: 2021
Forecast Year: 2021-2028
Detailed TOC of Methyl Methacrylate(MMA) Market Report 2021-2028:
Chapter 1: Methyl Methacrylate(MMA) Market Overview
Chapter 2: Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Methyl Methacrylate(MMA) Market Forecast
Continued……
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Global Methyl Methacrylate(MMA) Market Report provide in-depth information about the Leading Competitors involved in this report:
Mitsubishi Rayon
Evonik
Sumitomo Chemical
LG MMA
Asahi Kasei
Arkema
Kuraray
Mitsubishi Gas Chemical
BASF
Dow
Formosa Plastics
Jilin Petrochemical
Longxin Chemical
Shandong Hongxu
What market dynamics does this report cover?
The report shares key insights on:
Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape
Study Objectives of Methyl Methacrylate(MMA)
1.The purpose of the market study is to include evidence, estimates, statistics, historical data, and market data verified by the industry, as well as the appropriate methodology and evaluation for a full market assessment.
2.The market research also helps to understand structure by evaluating the dynamics of the market segments.
3.Market segmentation is split based on content, form, end-user, and region; the global market size of Methyl Methacrylate(MMA) is expected.
4.The major points considered in the Global Methyl Methacrylate(MMA) Market report include the leading competitors operating in the global market.
5.The report also contains the company profiles of the players operating in the global market.
6.The manufacture, production, sales, future strategies, and the technological capabilities of the leading manufacturers are also included in the report.
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On the other hand, it is essential to recognize the previous and ongoing circumstances to form a great future. Data regarding the present and past market trends assists in forecasting upcoming trends in the market. At Ordient Market Research, we offer customized solutions as per given circumstances. Our company’s partnership with leading publishers has enabled us to access detailed and latest datasets in various business sectors. The association also includes a wide array of market analysis documents that can offer you crucial data about your business. All in all, you will get the latest, up-to-date reports at Ordient Market Research.
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Compressed Air Treatment Equipment Market Worth $ 12.5 Billion by 2027 at 6.5% CAGR - Report by Market Research Future (MRFR)
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Global Medical Gases Market Statistics, Development and Growth 2027
Summary - A new market study, titled “Medical Gases Market, By Products (Pure gases, Medical Gas Mixtures, and Medical Gas Equipment), By Application (Therapeutic, Diagnostics, and Others) And Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2016 – 2027- COVID- 19 Updated” has been featured on Wise Guy Reports.
The medical gases market is estimated to represent a global market of USD 7.7 billion by 2019 with growth rate of 7.1%. Medical gases are pharmaceutical molecules, specifically used for the medical, biotechnology and pharmaceutical industries. These are widely used for the treatment of patients in hospitals, clinics as well as in emergency services. Additionally, these are used to synthesize, insulate or sterilize medical products. Increasing prevalence of lifestyle and chronic diseases stimulate the market for medical gas during the future period. According to the WHO, the chronic diseases (chronic respiratory diseases, heart disorder, stroke, cancer, and diabetes) are responsible for 38 million deaths (around 68% of all deaths worldwide) in 2012. Each year, 16 million people die from NCDs before the age of 70. Additionally, constant aging population, growing demand for home care, and technological advancements will support the market growth to great extent. However, medical gases and its associated equipment are highly regulated by the Center for Drug Evaluation and Research and the U.S. Food and Drug Administration. A violation of the act leads to court-enforced trials including seizure of the finished product, ingredients, and the equipment; a permanent or temporary ban on the manufacturing or filling of compressed medical gases; and criminal prosecution. Such facts will hamper the market growth.
ALSO READ: https://icrowdnewswire.com/2020/08/06/medical-gases-market-2020-global-industry-leading-players-market-volume-trends-opportunities-market-study-and-foresight-to-2026/
Product Takeaway
Pure gases, Medical Gas Mixtures, and Medical Gas Equipment are the product segments of the market. Among which, medical gas equipment accounted for the largest share of the market, more than 52% share in 2019. The pure gas segment is divided into Oxygen, Medical Air, Helium, Carbon Dioxide, Nitrogen, and others. These gases are used in variety of medical applications. For example, oxygen is a medical gas, used in all healthcare setting. It is also used for inhalation and resuscitation therapy. Oxygen is used for the treatment of conditions such as cyanosis, COPD, carbon monoxide poisoning, shock, hemorrhage, trauma, respiratory arrest, and cardiovascular disorders.
COVID-19 Impact and Recovery Analysis
The novel COVID-19 has put the world on a standstill, affecting major operations, leading to an industrial catastrophe. This report presented by AnalystView Market Insights contains a thorough analysis of the pre and post COVID-19 market scenarios. The report includes all the recent development and changes recorded during the COVID-19 outbreak and comprehends the analysis of top performer segments and marginal growth segment in blood culture test sector.
Application Takeaway
Application of medical gases in therapeutic field captured the largest share of the global market. In 2019, the therapeutic application recorded 47.23% share of the total market. Therapeutic medical gases offer huge impact as a new and innovative therapeutic tool for unmet medical requirements. There is a broad range of medical gases that are used in treatment such as oxygen, carbon dioxide, nitrogen, oxygen-nitrous, oxide mixtures, helium-oxygen mixtures and laser gas mixtures. For example, the traditional medical gases such as oxygen and nitrous oxide play protective roles in various disease conditions such as respiratory, cardiovascular and blood vessel-related problems. Diagnostic purpose of medical gases is expected to grow at highest growth rate owing to its wide application area. The increase in demand for high-end diagnostics technology and the rising blood gas analysis and lung function testing is further expected to drive the growth of this particular segment.
Regional Takeaway
Regionally, North America and Europe accounted for the largest share, captured more than 70% share of the global market, collectively. Growth of these regions is majorly attributed to the increasing demand for medical gases coupled with rising research and development activities.
Key Vendor Takeaway
The market is competitive in nature. Companies such as BeaconMedæs, Air Liquide, The Linde Group, the H.A.C. Group, Matheson, and a few others present in this market. Companies are investing rigorously to develop new or more efficient medical gas products. For example, SCI Analytical manufacture and supplies a wide range of medical gases and products that can be used by medical devices and pharma distributors as well as manufacturers. The company employs professional engineers, specialized gas scientists and research and development technicians to design new technology integrated medical gas products.
The market size and forecast for each segment has been provided for the period 2016 to 2027, considering 2019 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2021 to 2027 for every reported segment.
The years considered for the study are:
Historical Year – 2016 to 2018
Base Year – 2019
Estimated Year – 2020
Projected Year – 2027
The proposed reports analyse and evaluates the COVID-19 impact, and anticipated change on the future market scenario on this industry, by taking into the account the economic, political, technological, and social, parameters.
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Medical Gases and Equipment Market, By Product Type (Medical gases (Pure Gases, Gas Mixtures), Medical equipment (Manifolds, Outlets, Hose Assemblies and Valves, Alarm Systems, Cylinders and Accessories, Flowmeters, Regulators, Medical Air Compressors, Vacuum Systems, Masks)), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Medical air, carbon dioxide, oxygen, nitrogen, nitrous oxide, and helium are some of the gases used in the healthcare sector during the treatment and management of various diseases. Medical air compressor are used to supply contamination- and particle-free air to patients all the time.
Statistics:
The global medical gases and equipment market is estimated to account for US$ 18,090.7 Mn in terms of value by the end of 2027.
Global Medical Gases and Equipment Market: Drivers
Increasing home healthcare expenditure is expected to propel growth of the global medical gases and equipment market over the forecast period. For instance, according to the Centers for Medicare & Medicaid Services, the U.S. is expected to spend US$ 108.8 billion in home health care in 2019.
Moreover, establishment of industry focused associations such as Compressed Gas Association, Medical Gas Association, and Gases and Welding Distributors Association is also expected to aid in growth of the market. Such associations help in laying out strategies that would ultimately help the market thrive and flourish.
Statistics:
North America held dominant position in the global medical gases and equipment market in 2019, accounting for 41.3% share in terms of value, followed by Europe and Asia Pacific, respectively
Figure 1: Global Medical Gases and Equipment Market Share (%) Value, By Region, 2019
Global Medical Gases and Equipment Market: Restraints
Increasing theft of medical gases and cylinders is expected to hider growth of the market. Medical gas thefts especially for nitrous oxide and ENTONOX (nitrous oxide-oxygen) cylinders cause unnecessary expenses for healthcare organizations. However, the impact of this restraint will remain low throughout the forecast period as organizations are becoming increasingly diligent and are also taking help from consultancy firms
Moreover, contamination of medical gases with harmful substances is also expected to limit growth of the market. Crossed-pipeline accidents also have adverse effects on growth of the market.
Global Medical Gases and Equipment Market: Opportunities
Regular inspection of medical gas supply line is expected to offer lucrative growth opportunities for players in the global medical gases and equipment market. These inspections should also be conducted by trained personnel. Medical gas and vacuum systems should be inspected during each step of construction and a third-party certification should be mandatory.
Moreover, increasing number of surgeries is also expected to aid in growth of the market. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.
Statistics:
The global medical gases and equipment market was valued at US$ 9,759.0 Mn in 2019 and is forecast to reach a value of US$ 18,090.7 Mn by 2027 at a CAGR of 8.0% between 2020 and 2027.
Figure 2: Global Medical Gases and Equipment Market Value (US$ Mn), 2016 - 2027
Market Trends/Key Takeaways
Major governments are focused on allowing industrial gases manufacturer to supply gas for medical use to meet huge demand due to the COVID-19 pandemic. For instance, in April 2020, The Government of India permitted industrial oxygen manufacturers to manufacture and sell gas for medical use.
In April 2020, the U.S. Department of Health and Human Services warned that over 300 hospitals in the U.S may suffer from supply shortages of medical gases.
Global Medical Gases and Equipment Market: Competitive Landscape
Major players operating in the global gases and equipment market include, Air Liquide S.A., Praxair, Inc. (The Linde Group), BeaconMedaes LLC, Air Products and Chemicals Inc., Medical Gas Solutions, Airgas Inc., and MATHESON Tri-Gas Inc.
Global Medical Gases and Equipment Market: Key Developments
Major players in the marker are focused on increasing production capacity to meet increasing demand for medical gases and equipment. For instance, in April 2020, Air Liquide S.A. announced that CryopAL, the company’s subsidiary that manufacturers Freelox line of liquid oxygen vessels for medical use, increased the production capacity for its Freelox vessels from 100 vessels a week to 300 vessels a week.
Major players in the market are also focused on launching new products to expand their product portfolio. For instance, in January 2020, BeaconMedaes LLC launched new dMED Medical Air Purification Module, a model that frees up to 65% of the floor space and is 35% lighter compared with the previous design, according to the company.
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