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Brewery Equipment Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

Rise in beer consumption, rapidly growing micro-breweries, and continuous innovation of brewery equipment are some of the key factors driving the global brewery equipment market growth. Brewery equipment comprises a set of instruments and processing systems used in production of beer.

The brewing process consists of several steps such as milling, malting, cellaring, mashing, boiling, cooling, wort separation, conditioning, fermentation, filtration, carbonation, and filling.

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Various equipment used in these steps of the process would boost the brewery equipment market. Rise in consumption of beer is a major factor that drives the demand for brewery equipment. Due to changing lifestyle of populace around the world, presently beer drinking in bars or house parties has become a part of the sociocultural context.

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In addition, increasing disposable income of individuals in developing countries, such as India, China, and Australia, has increased the demand for beer. For instance, beer consumption in India is expected to grow at the rate of round 6.9% for next three years.

 

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Smart Glass Market | Analysis, Post Covid-19 Impact | Potential Business Impacts for Key Players

Increasing demand for smart glass in the automotive and construction sectors is a major factor driving the growth of the smart glass market. Smart glass is used in mirrors, windows, windshields, and in display systems of automobiles.

Due to growing demand for luxury cars in the U.S., China, and in many other countries, the demand for smart glass is increasing. Further, smart glass offers users to control the amount of light entering into vehicles and buildings, as well as helps to control the level of privacy within their cars.

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This market research report provides a comprehensive overview of the smart glass market

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
  • Major players operating in the market and their service offerings
  • Recent strategic developments by the major players in the market

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The use of smart glass in aircraft increases passenger comfort by providing them with multilayer configuration of interlayers and films, which offer quieter, cooler, and more comfortable environment for traveling. Hence, due to this, the demand for smart glass in the aerospace industry is increasing, globally.

 

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Covid-19 Impacts on Handheld Laser Distance Meter Market to Witness Robust Expansion Throughout the Forecast Period 2030

Increasing demand for digital measuring devices for getting accurate measurement results, and growing demand for handheld laser distance meter from construction industry, are the key factors driving the growth of handheld laser distance meter market across the globe.

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With increasing digitization in the field of metrology, and due to growing demand for accurate measurements in different applications such as in construction of buildings, and roads the demand for handheld laser distance meter is increasing globally.

A laser distance meter is accurate in measuring large distances, and displays faster measurement result as compared to traditional tapes used in measurement applications. Increasing demand for digital measuring device is a key factor driving the growth of handheld laser distance meter market.

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Further, laser distance meter has on-board processing capability that allows the device to triangulate and calculate and can easily measure distance, and could also calculate area and volume. Hence, due to various features offered by handheld digital measuring device, the demand for this device over tapes is increasing globally.

 

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Esports Market Growth Rate, Developments In Major Areas, Market Size, Dynamics, Opportunities, & Forecast With Demographic Data Till 2030

The global esports market is expected to record a rapid growth during the forecast period. Major factors impacting the growth of the market include increasing worldwide mobile internet penetration, rising smartphone penetration, inclination of youth toward online video games, growing online gaming industry, increasing investments by game publishers in the esports industry, and rising awareness toward esports.

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Increasing awareness toward esports is one of the major factors driving the growth of the esports market. This is primarily due to increasing mobile internet penetration and rising number of campaign launches. According to GSMA Intelligence, the mobile internet penetration rate is expected to reach 61%, with 5.0 billion mobile internet subscribers by 2025.

This market research report provides a comprehensive overview of the market

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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Additionally, the launch of various campaigns to promote esports is also impacting the market growth positively. For instance, in April 2018, a Korean-based esports team, Hanwa Life Esports, launched a public campaign, the Beautiful Game, to raise awareness for esports.

 

 

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Display Driver IC Market Industry Survey & Competitive Trends Forecast

Rising smartphone penetration is a major driving force observed in the DDIC market across the world. Increasing disposable income, changing lifestyle of the people, and rising consumer spending on media and entertainment are the major factors propelling the smartphone penetration, globally.

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Smartphone users are expected to reach over 3.8 billion by 2021, as compared to 3 billion in 2018. Moreover, surging demand for high-resolution images and energy-efficient lighting is also supporting the growth of the market.

This market research report provides a comprehensive overview of the market

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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On the basis of display type, the DDIC market is categorized into liquid crystal display (LCD), light-emitting diode (LED), OLED, and others, wherein others category includes thin film transistor (TFT), cathode-ray tube (CRT), and vacuum fluorescent display.

 

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Impact of COVID-19 on Wired Interface Market Growth, Segments, Size, Industry Analysis and Opportunities 2030

The global wired interface market is expected to register notable growth during the forecast period on account of the increasing use of smartphones and laptops, which require wired interface; rising concerns over data security, growing demand for data transferability, and existing dependency on wired networks in the commercial and government sectors.

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Additionally, the increasing adoption of new consumer electronics, such as augmented reality and virtual reality (AR and VR) headsets and cameras, is expected to propel the market growth.

On the basis of cable, the wired interface market is categorized into universal serial bus (USB), high-definition multimedia interface (HDMI), video graphics array (VGA), display port, and others, wherein others include thunderbolt and digital visual interface (DVI).

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Of these, USB held the largest share in the market in 2018, which can be mainly attributed to the introduction of high-capability USB cables in the market and their wide adoption for better connectivity between electronic devices. Besides, USBs have low power consumption, which contributes to their high market demand.

 

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Cryogenic Pump Market By Trends, Growth, Regions size and Forecast up to 2030

Major trend identified in the global cryogenic pump market is the rising deployment of these pumps in metallurgy, electronics, and chemicals industries.

Besides this, the factor trending in the market is rising investment across power generation sector coupled with inclination toward electricity production from natural gas and renewable resources to cut carbon footprint.

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This market research report provides a comprehensive overview of the market

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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Cryogenic pumps are submersible motor pumps used at cryogenic temperatures to transfer cryogenic liquids. These pumps operate on the principle of closed cycle refrigeration and capture gas through surfaces, which are cooled to temperatures below 120 K.

 

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AC Drives Market Outlook By Size, Demand Status Of Type, Applications And Future Forecast

Major trend identified in the global alternate current (AC) drives market is the transforming manufacturing industry with high adoption of industrial internet of things (IoT). With the adoption of this technology, manufacturers can increase productivity and efficiencies of their operations to stay competitive on a global scale.

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This factor makes a positive environment for the demand of servo drives and motors, which in turn, will also augment the demand for these drives, as these are used in motors to attain energy efficiency. AC drive is an electronic device that is used for regulating the speed of an electric motor by fluctuating the frequency, magnetic flux, and voltage in a motor circuit.

This market research report provides a comprehensive overview of the market

  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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In energy-intensive sectors, optimal usage of energy and efficient utilization of its consumption are important for managing the overall operating costs. These drives can optimize the energy usage and at the same time help in the reduction of operative costs by monitoring the speed and torque of electric motors.

 

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HVAC Market Outlook By Share, Demand Status Of Type, Applications And Future Forecast

The heating, ventilation, and air conditioning (HVAC) market is being driven by increasing government initiatives for the adoption of such equipment and the expanding construction industry across the world.

The market, which valued at $240.8 billion in 2019, is projected to progress to $367.5 billion in 2030, at a 3.9% CAGR during the forecast period (2019–2024).

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HVAC systems provide cooling, ventilation, and heating, either individually or as all-in-one equipment. Ventilation, cooling, and air conditioning are the three market categories under the HVAC type segment.

In 2018, the market was dominated by cooling systems, in terms of sales volume as well as revenue, owing to the rising global temperatures and increasing disposable income, both of which pushed AC sales.

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This category is also predicted to observe the highest value and sales volume CAGRs in the HVAC market during the forecast period. Additionally, the governments in various nations are taking initiatives to support HVAC equipment installation.

With the increasing concerns on climate change as a result of fossil fuel burning, to produce electricity among other purposes, the demand for energy-efficient appliances, including HVAC systems, is growing.

 

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Electric Motor Market Trends, Segmentation, Key Players, Application And Forecast

One of the biggest factors fuelling the rise in the sales of electric motors is the soaring adoption of electric vehicles across the globe. Due to the rising concerns raised over the surging pollution and global warming caused due to the emissions from the fossil-fuel powered vehicles, the governments of many countries are enacting various initiatives and policies for promoting the adoption of electric vehicles.

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According to many surveys and reports, 1 million electric vehicles were sold throughout the world in 2017, out of which 580,000 units were sold in China during the same year.  The burgeoning need for reducing the energy consumption by the heavy power consuming industries is another major factor propelling the demand for electric motors all over the world.

Electric motors hold almost 70% share of the total energy consumption in a manufacturing industry. In addition to this, electric motors play a major role in reducing the operational costs in industries and are therefore, being increasingly adopted in various industries across the globe.

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Electric motors are widely adopted in industrial machinery, motor vehicles, transportation sector, households, and heating, ventilation, and air-conditioning (HVAC) equipment. Amongst these, the utilization of electric motors is expected to be the highest in motor vehicles during the forecast period.