GreatMarketInsights

Water Heater Market size is estimated at $28.5 billion in 2020, projected to grow at a CAGR of 4.8% during the forecast period 2021-2026. Water Heater is an Electric Heater appliance that heats water for a variety of uses. Water heaters are available because of their energy efficiency and small scale. Electric Heater geysers have become very common for home use. Moreover, the Water Heater industry is growing, owing to the rising demand and widespread domestic applications such as hot water for cooking, bathing and cleaning. The water heater market would benefit from rising demand for energy efficient systems and geysers, as well as favorable regulatory policies on carbon emissions. For instance, in 2016, the United Arab Emirates invested $3Million in the area to introduce green strategies. Besides this, the growing number of strategies adopted by key players such as partnership, acquisition and collaboration to expand their presence and innovation in water heating technology to gain t...

The global market for Satellite Network Equipment is projected to reach $10.6 billion by 2026, progressing at CAGR of 9.4% from 2021 to 2026. The rising demand for various applications such as audio broadcasting and voice communications in end-user industries is analysed to fuel the growth of satellite communication industry. The significant adoption of Direct to home(DTH) in media and entertainment applications is set to positively impact the growth of the market as satellite communication plays a crucial role in the communication in providing the subscribers with the high-quality content. Increase in use of High Throughput Satellite (HTR) and Low Earth Orbit Satellite for high speed broadcasting satellite services, cellular backhaul and other value added services such as video conferencing, VOIP is set to be the major driver for the growth of the market. The rising adoption of satellite telemetry, automatic identification system and Very Small Aperture Terminal markets with improved...

Ceramic Foams Market size is forecast to reach $540.3 million by 2026, after growing at a CAGR of 5.1% during 2021-2026. Ceramic foams are a tough foam with high porosity cellular structure of open-cell or closed-cell foam made from ceramics. These foams have lightweight, high strength, and low thermal conductivity materials properties. The growing use of ceramic foam in medical applications due to its ability to sustain and encouraging the growth of human cells is driving the market. Moreover, increased use of ceramic foam-based products like acoustic insulation, solid oxide fuel cells, Molten Metal Filtration, and Automotive Exhaust Filters to control environmental pollution, due to its excellent absorption and surface filtration properties are driving the growth of the market. Whereas, the growing urbanizations in the emerging nations is also contributing to the growth of Ceramic Foams Market share globally. COVID-19 Impact The COVID-19 pandemic continues to unfold every day with se...

Rail Composites Market size is forecast to reach $1.5 billion by 2026, after growing at a CAGR of 8.1% during 2021-2026. Rail composites like Fibre reinforced Plastics, Glass wool, Thermoset Composites, and Carbon fiber provide considerable flexibility in train design and helps in the optimization of train performance. Rail composites have been identified as potential materials for the global transportation industry, which will propel the growth of the market. Moreover, benefits associated with the reduction of locomotive weight enhances stability, and the ability to achieve high-speed travel, which reduces the travel time for the commuters. Furthermore, the growing demand for High-Speed Rail (HSR) is also driving the growth of the rail composites market share during the forecast period. Covid-19 Impact The COVID-19 pandemic continues to unfold every day with a severe impact on people, communities, and businesses. The pandemic has reduced the demand for Rail Composite Market. The grow...

OmniChannel Retail Software Market size is analyzed to grow at a CAGR of 19.5% during the forecast 2021-2026 to reach $13.8 billion by 2026. The OmniChannel Retail Software aims at delivering seamless customer experience across any brick-and-mortar store and online shopping platform. In order to provide a unified omni-channel experience, the OmniChannel Retail Software solution integrates comprehensive operations such as customer relationship management (CRM), point of sale (POS), customer service experience, chat support, Warehouse management System (WMS), business intelligence (BI), merchandise and inventory management, product listing, marketing and promotions planning and others. The OmniChannel Retail Software industry is majorly driven by the surge of e-commerce sectors, advent of omnichannel retailing, along with the growing preference of online shopping. For convenient online shopping experience, retailers are investing significantly to incorporate multiple established sales c...

Biofuel Additives market size is forecast to reach US$12.5 billion by 2026, after growing at a CAGR of 12.9% during 2021-2026. Biofuels are developed from lignocellulosic feedstock. Biofuel additives are specialty chemicals that are used to enhance biofuel properties. Biofuel additives improve engine performance and also reduce brake-specific fuel consumption (BSFC). Biofuel additives play a crucial role in addressing different issues such as low oxidation stability, high foaming tendency, and corrosion in IC engines. Biodiesel and bioethanol are the commonly used biofuels among end use-industries. The growing demand for clean & efficient fuel among end-users is driving the market growth for biofuel and further driving the market for biofuel additives. The growing automotive sectors and increasing transportation activities globally are the major factors supporting the market growth between 2021-2026. The various government-supporting regulatory policies and tax incentives across d...

Polyurethane Injections Market is forecast to reach US$ 1.5 billion by 2026, after growing at a CAGR of 5.2% during 2021-2026. Globally, the polyurethane injections market is primarily driven by an increase in the demand for resins in the building & construction industry. Owing to its low viscosity and short curing time properties, it is also increasingly being used to restore manufacturing or warehouse flooring that has been damaged by heavy machinery such as forklifts over time. Rising demand for injection fillers made of thermoplastic materials because of their outstanding mechanical characteristics is also driving the market growth. Furthermore, the growing demand for polyurethane injection resins in the marine and mining industries owing to its exceptional properties is anticipated to create new opportunities for the growth of the polyurethane injections industry in the forecast era. Impact of Covid-19 Due to the Covid-19 pandemic in the year 2020, the demand for polyurethan...

The Global Cryogen Free Dilution Refrigerators market size is forecast to reach $210 million by 2026, growing at a CAGR of 9.2% from 2021 to 2026. Cryogen-free dilution refrigerators use Helium-3 and Helium-4 isotopes for excessive, continuous cooling need. Cryogen-free dilution refrigerators (DR) are quickly becoming the dominant technique for reaching millikelvin temperatures because they avoid the requirement for on-site helium liquefaction and are easier to use than traditional dilution units. A 2-stage pulse tube cooler capable of reaching temperatures about 3 K at its cold end replaces the pre-cooling typically supplied by a liquid helium bath and a 1 K pot. These refrigerators are used to cool critical computer components such as computer chips, photonics, spintronics, and other condensed matter. These are also useful in areas including quantum computing and nuclear research, where product cooling is critical. The employment in areas such as space and innovation, among others, ...

Laminating film market size is forecast to reach US$27.7 billion by 2026, after growing at a CAGR of 6.4% during 2021-2026. Laminating film made up of polypropylene, polyester, and nylon is expected to continue to witness rapid expansion as numerous trade finishers use it as a new service to existing laminating services. Laminating film and a pre-adhesive plastic film are available, and the lamination process is identical to foil stamping. The demand is growing due to an increase in R&D activities to develop new products with shorter cure times, lower emissions, and higher bond power. Furthermore, across sectors there is a broader trend of packaging shifting from rigid to flexible formats. In the near future, this pattern is expected to promote many developments in barrier laminates for shelf life and aesthetic pouch designs. During the forecast period, however, high manufacturing costs and volatile raw material costs can limit this development. COVID-19 Impact Due to the COVID-19...