Category: Business

Business

Growth in Food Industry is Estimated to Propel Growth Avenues in Non Thermal Pasteurization Market

The significant development of the convenience food industry that includes products, for instance, ready-to-eat foods and frozen foods and thus fuels expansion opportunities in the non thermal pasteurization market. Further, advancements in the food industry reduced the overall time that is required to process and thus augment the production rate in facilities in order to satisfy growing demand in the industry.

Non-thermal pasteurization is basically alternative technology that is used in food processing and offers higher sustainability and efficiency during conversion of the raw food products into the finished products.

Trend of Food Preservation Drives Avenues in Non Thermal Pasteurization Market

Rapid growth in the non thermal pasteurization market is attributed to the rising demand for the preservation of seafood, vegetables, meat, fruits, and various types of packaged food. Further, constant changes in people’s lifestyles and busy schedules have been compelling consumers to opt for packaged, frozen, and ready-to-eat foods. Growing requirement for food products of healthier and quality ingredients owing to the growing bariatric population. These factors are likely to bolster revenue generation opportunities in the non thermal pasteurization market.

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On the flip side, the growing requirement for high capital expenditure is estimated to bring challenges for players serving in the non thermal pasteurization market. Moreover, the requirement for food products with longer shelf-life has been anticipated to emerge as a noteworthy trend in the non thermal pasteurization market.

The players operating in the non thermal pasteurization market include Hiperbaric Espana, American Pasteurization, Dukane Corporation, Stansted Fluid Powder Ltd., Thyssenkrupp AG, Hain Celestial, Universal Pure, Nordion, Chic Freshertech, Avure Technologies, Pulsemaster, and Symbios Technologies.

North America to Lead in Non Thermal Pasteurization Market

North America is estimated to hold a dominating position in the non thermal pasteurization market owing to the presence of various large manufacturers serving in the food industry in the developed countries. Along with this, the regional population consumes meat at an increased rate which further propels sales opportunities in the non thermal pasteurization market.

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Near-Eye Display Market Projected to Grow with Adoption of Industry Solutions in VR Devices

Growing adoption of the near-eye display in VR devices or virtual reality has been expected to drive revenue generation opportunities in the near-eye display market in the coming years. The affordability of the computing platforms due to the rising adoption of VR devices and their mass production is also likely to bolster expansion opportunities in the near-eye display market. Virtual reality and augmented reality are considered great technologies that use the solutions from the near-eye display market and thus propel growth avenues in the industry.

On the flip side, the usage of AR devices for a longer duration is likely to result in health issues due to long-term exposure to some harmful electromagnetic frequency radiation. Along with this, the lenses used for near-eye display are also expected to result in optical distortions and it further hinders growth impetuses in the near-eye display market.

The key players serving in the near-eye display market are TriLite technologies GmbH, Sony Group Corporation, JBD Xianyao Display Technology, eMagin Corporation, Plessey, Himax Technologies Inc., Syndiant Inc., Kopin Corporation, BOE Technology Group Co. Ltd., and Microoled Technologies.

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Geographical Insights of Near-Eye Display Market

Based on region, the near-eye display market has been segmented into Latin America, Europe, North America, Asia Pacific, and the Middle East & Africa. These regions are further classified on the basis of countries. Of these, Asia Pacific has been projected to account for the maximum share in the near-eye display market owing to increased adoption of VR and AR technologies in highly populated regional countries. Further, the lightweight nature and cost-effectiveness of these bear eye display devices have also been expected to stimulate companies to adopt technology from the near-eye display market. These factors are likely to serve as revenue generators in the near-eye display market.

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Industrialization and Urbanization to Bolster Growth Avenues in Hook Lifts and Skip Loaders Market

The hook lifts and skip loaders market has been anticipated to grow with the increasing rate of industrialization and urbanization that further propel requirements for construction activities. Further, growing expenditure on landscaping activities that are supported by government initiatives in order to reuse land has also been predicted to fuel expansion opportunities in the hook lifts and skip loaders market.

In recent years, there has been an increasing requirement for the latest equipment that further propels OEMs to increase expenditure on different novel equipment that further bolsters sales opportunities in the hook lifts and skip loaders market.

The key players serving in the hook lifts and skip loaders market are Volvo Construction Equipment, Meiller Group, West-Trans Equipment, SwapLoader USA Ltd., Stellar Industries, PALFINGER Group, Marrel Corporation, Cargotec Corporation, and VDL Containersystemen B.V.

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COVID-19 Pandemic and Hook Lifts and Skip Loaders Market

The COVID-19 pandemic has brought various challenges in the hook lifts and skip loaders market based on the imposition of stringent lock regulations. These restrictions have further put a halt on the construction activity across the globe. Moreover, the removal of these restrictions and requirements for economic growth is estimated to increase the count of construction activities and thus propel sales avenues in the hook lifts and skip loaders market.

Asia Pacific to Lead in Hook Lifts and Skip Loaders Market

Based on geographical locations, Asia Pacific is estimated to hold the largest share in the hook lifts and skip loaders market. The growth in the market is attributed to the growing count of construction activities, especially across the residential vertical. Further, the growing count of home construction activities and the increasing rate of the population have also been anticipated to bolster revenue generation opportunities in the hook lifts and skip loaders market in the years to come.

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Rising Adoption of Body-Worn Cameras Projected to Propel Growth Opportunities in High Precision Asphere Market

Growing adoption of body-worn cameras around the world has been anticipated to bolster revenue generation opportunities in the high precision asphere market in the coming years. Further, the rising use of various high precision Asphere in mobile phones and automotive industries has been estimated to work as a noteworthy revenue generator in the high precision asphere market in the years to come.

The increasing popularity of innovative and latest technologies, for example, body cameras and drones and some other equipment that are used in defense and security verticals are also predicted to fuel growth opportunities in the high precision asphere market. In addition to this, rising popularity along with increased adoption of cameras, tablets, and mobile phones is also projected to fuel expansion opportunities in the high precision asphere market.

The key players dealing in the high precision asphere market are GeniuS Electronic Optical Co., Ltd., Kinko Optical Co., Ltd., Panasonic Corporation, Seiko Holding Corporation, Tokai Optical Co., Ltd., Asia Optical Co., Ltd., AGC Inc., Largan Optical Co, Ltd., Carl Zeiss AG, and Tamron Optics Co., Ltd.

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Geographical Insights of High Precision Asphere Market

Based on geographical locations, the high precision asphere market has been bifurcated into North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. All these regions are further classified into different countries. Of these, North America has been anticipated to account for the maximum share in the high precision asphere market in the coming years. The growth avenues in the regional market are owing to the presence of various prominent industry players. In addition to this, the growing use of aspherical lenses across the automotive industry has also been expected to fuel demand opportunities in the high precision asphere market in the following years.

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