Demand from Various Applications Heightens Growth Prospects of Reference Thermometer Market

The reference thermometer market expects good prospects through the forecast period of 2018-2028 with the technological innovations in the sector growing at a rapid rate. Reference thermometers are largely used for the measurement of temperature-sensitive chemicals such as petrochemicals. Accurate measurement is important for industrial manufacturing processes. Thus, increasing preference for resistance temperature detectors sensors may bring a paradigm shift in the growth of the reference thermometer market. The reference thermometer market is segmented into handheld and desktop by device type.

Increased Demand from Industrial Application to Boost Growth Rate of Reference Thermometer Market

The increasing demand from various applications such as medical, industrial, research and development activities, and others may bring stellar growth for the reference thermometer market. The industrial sector may prove to be a boon for the reference thermometer market to maximize its growth rate. This is because of the rise in manufacturing industries across the globe. Even if the COVID-19 pandemic has slowed industrial processes, the post-lockdown scenario may record a considerable rise in the demand for reference thermometers from industrial applications.

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The use of reference thermometers in the medical industry is also estimated to grow at a faster pace with the rising threat of COVID-9. High fever is a vital COVID-19 symptom. Thus, this factor can increase the need for reference thermometers. In addition, the increase in investments in medical research and development activities, as well as the need for advanced diagnostic technologies for identifying disease complexity, is paving the way for increasing the growth rate.

Hence, these aspects can sow the seeds of growth in the reference thermometer market.
The use of good quality sensors in reference thermometers is important for a boost in sales. Key players in the reference thermometer market are focusing on innovative advancements that make their product stand different and efficient from other products. The addition of features such as low battery indication and hold function increase the efficiency of the product, thus bringing great growth opportunities for the reference thermometer market.

A considerable increase in the initiatives and introduction of regulations to decrease the use of mercury in thermometers are the factors than can invite good growth prospects for the reference thermometer market.

Handheld devices may record good growth with portability being the unique selling point. In addition, these devices are less costly than desktop devices. They are used on a large scale by technicians due to the efficiency and benefit of carrying them in inaccessible areas.
Frequent mergers and acquisition activities by key players are expected throughout the forecast period to strengthen their market position. Further, huge investments and the launch of new products and services will have a positive impact on the reference thermometer market. Some of the major players in the reference thermometer market are Dostmann Electronic GmbH, ISOTECH, Fluke Corporation, and AccuMac Corporation.

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Asia Pacific to Offer Hotbed of Opportunities for Growth of Reference Thermometer Market

The reference thermometer market can be regionally segmented into the Middle East and Africa, Europe, Asia Pacific, North America, and Latin America. Asia Pacific expects to record exponential growth during the reference thermometer market owing to the presence of a large number of hazardous places across the region as well as the increasing industrialization due to the increasing foreign direct investments in the region. Japan is also investing heavily in industrial research and development activities, thus giving insight for increased growth in the near future. North America may come second in the race for maximum growth of the reference thermometer market due to the increasing steps by industries to ensure safety. Other regional markets such as Latin America, the Middle East and Africa, and Europe may observe steady growth during the forecast period.

New Bionic Eye pins hope for Visually Impaired

As recently reported in the academic journal Nature, a group of researchers from China, Hong Kong, and the US have introduced the prototype of a bionic eye which mimics the human eye for shape as well as function.

The prototype consists of a hemispherical artificial retina composed of a high-density array of nanowires, mimicking the photoreceptor cells present in the human visual organ. And, the electrochemical eye is capable to capture and relay images in real time.

Device potent to Produce High Resolution Images

Currently, with its 100 pixels, all that a bionic eye can do is produce a low resolution image. Nonetheless, the group of researchers is confident as the technology evolves, eventually, the device will become greatly superior in its functionality.

The design of the device bears high degree of structural similarity with the human eye. It has the potential to attain high imaging resolution when individual nanowires are electrically addressed, penned the researchers in the paper.

Whilst the electrochemical eye is already suitable to be implanted in terms of its overall shape, to ensure proper communication with the brain will be a significant hurdle to be overcome in the years to come. The research group is lining up trials in humans as well as animals.

The process of making electrochemical eye for real-world applications could take up to 5 years, nonetheless, the device could soon be deployed in robotics without need of much adjustment, says one of the co-authors of the paper from Hong Kong University of Science and Technology.

And, the new device is first of its kind to successfully replicate the dome-shaped retina of the human eye. It retains most, if not all, desirable qualities of the human retina.

Increased Research Activities Open New Avenues that Drive Demand for Bacteriophage Market

The global bacteriophage market is projected to witness remarkable avenues for growth during the forecast period of 2018 to 2028, states the recent report published by TMR Research. In recent period, the companies engaged in the manufacturing of biotechnology products, food products, and chemicals have increased the use of bacteriophage. Key factor for this scenario is growing importance of bacteriophage in the bacterial fermentation process. As a result, the global bacteriophage market is witnessing new avenues for growth.

The report titled, “Bacteriophage Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028” highlights all the key factors supporting the growth of the market for bacteriophage. Thus, the latest report covers all the important growth factors, major trends, and key challenges of the global bacteriophage market in the upcoming period. Besides, size, share of key segments, factors shaping competitive landscape, and technological advances are systematically discussed in the report for the global bacteriophage market. This data intended to help all the key entities active in the market for bacteriophage.

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Increased Use in Diverse Applications Spurs Market Demand

In recent times, bacteriophages are high in demand in a wide range of industries. This scenario can be attributed to the increased use of bacteriophages in fresh cut fruits and vegetable, ready-to-eat meals, and dairy products. As a result, the market for bacteriophage is witnessing rising growth avenues. This aside, many research institutes are focused on comprehending the phage microbiology. This effort is expected to open up present applications of these species, including in drug discovery and development. All these factors signify diverse avenues fueling the growth of the global bacteriophage market during forecast period of 2018 to 2028.

Increased Research Activities Open New Avenues for Market Growth

The global bacteriophage market is fairly fragmented in nature. While the market holds the presence of many well-established players, there is increase in the number of entry of new vendors in the recent period. The players in the global bacteriophage market are chasing various strategies to deal with this highly competitive landscape. Many vendors are growing their efforts to strengthen their production capabilities. Besides, many vendors are growing their investments in developing advanced bacteriophage platforms. All these moves are supporting the growth of the global bacteriophage market.

Growing research activities are helping vendors to advance the quality of their products. By executing these moves, enterprises engaged in the global bacteriophage market are successfully meeting the requirements of the medical communities. Thus, the increased research activities will help the market for bacteriophage to expand its applications.

The list of key players in the global bacteriophage market includes VersatileBio, AmpliPhi Bioscience Corporation, Fixed-Phage Limited, Pherecydes Pharma, Microgen, and EnBiotix, Inc.

North America and Europe Lead Market for Bacteriophage

The global bacteriophage market is spread across five key regions, namely, Asia Pacific, North America, Middle East and Africa, Europe, and Latin America. Of them, North America is one of the key regions in the market for bacteriophage. One of the key reasons for the lucrative opportunities for the market growth is increased occurrence of antibiotic-resistant infections in this region. In addition, growth in efforts to develop drug pipelines based on phage therapy is expected to drive the demand for bacteriophage market in the developed regions including Europe and North America.

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In recent times, governments of many countries in the developing economies including Asia Pacific are taking initiatives to develop biotechnology infrastructures in these regions. This factor is projected to stimulate the growth of the bacteriophage market in Asia Pacific in the forecast period of 2018 to 2028.

Rising Impact of Climate Change Drives Demand for Air Handler Used in HVAC Systems

The global air handler market will show remarkable growth avenues during forecast period of 2019 to 2029, states the recently published report by TMR Research. The market for air handler will show stupendous increase in sales owing to increased demand for the heating, ventilation, and air conditioning (HVAC) systems. These systems are gaining traction because of their ability to offer comfort or desired air condition. To achieve this result, the system manipulates air by heating and air conditioning by using air handler unit. Thus, increased use of HVAC systems is driving the growth of the global air handler market.

The latest report titled “Air Handler Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2029” is intended to offer in-depth analysis of the important elements supporting in the growth of the air handler market. In addition, the report discusses all the information including size, volume, shares, and key vendors of this market. Similarly, it talks about diverse business tactics used by major players in the global air handler market. Thus, the report works as a helpful guide for all entities working in the market for air handler.

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The latest report performs the segmentation of the global air handler market on the basis of type, end-user, and geographical regions.

Remarkable Features of Air Handler Drive Market Growth

The ability of air handler unit to make the HVAC systems energy efficient is driving the growth of the air handler market. These units enable the system to take the air from the effective region and re-condition it according to the requirements. Air handler unit does not require continuous operation of its components to process the air. This helps HVAC system to consume less energy. All these factors are driving the demand for air handler units from all across the world. Thus, the global air handler market is projected to witness remarkable increase in sales during the forecast period of 2019 to 2029.

Increased demand for cold chain in the developed and developing countries is projected to spur the demand in the air handler market in the years ahead. Air handlers are widely used in the manufacturing of deep freezers, chillers, and pre-coolers. Thus, increased use of these products in the cold chain logistic companies and cold warehouses is projected to spur the demand for air handler unit, thereby drive the growth of the global air handler market.

Players Executing Diverse Strategies to Gain Leading Position in Market

The global air handler market is moderately consolidated in nature owing to presence of few well -established players. Owing to this situation, the competitive landscape of the market for air handler is highly intense. To withstand in this highly competitive atmosphere, the small and medium-sized vendors in the global air handler market are executing numerous strategies such as mergers, acquisitions, and collaborations. Besides, many players have focused on lowering their production cost. In emerging economies, several enterprises are growing investments in the mass production. This move is helping them to capitalize the easy availability of raw material and low labor expenses.

Some of the prominent players in the global air handler market are Trane, Carrier Corporation, GEA Air Treatment, Wolf GmbH, BPS CLIMA, and SABIANA.

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The global air handler market is spread across five key regions, namely, Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Of them, Asia Pacific is one of the key regions supporting the growth of the air handler market. Some of the key reasons attributed to this growth are rapidly growing economies and lifestyle aspiration in the higher and lower middle income countries in Asia Pacific such as East Asia, South Asia & Oceania. Besides, the air handler market in this region is projected to witness remarkable growth owing to increased impact of the global warming and climate change.