Tuesday, 12 September 2017

2017 Cleanroom Technology Market Growth, Trends up to 2022: Orbis Research

Latest Report Available at Orbis research Cleanroom Technology Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.

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The Global Cleanroom technology market is valued at USD 3.14 billion in 2016 and is expected to reach a value of USD 4.215 billion by the end of 2022, growing at a projected CAGR of 4.98% during the forecast period of 2017 – 2022. A clean room is a controlled environment, typically used for manufacturing and scientific facilities. It has low levels of pollutants, such as airborne microbes, chemical vapors, dust and aerosol particles. The level of contaminants, in a clean room, are controlled to be exact, which is specified by the number of particles per cubic meter of air of a specific particle size.

Cleanrooms are practically used in every industry where pollutants can affect the manufacturing process, from pharmaceuticals and semiconductor manufacturing to industries where the critical manufacturing process is common, such as aerospace, defense, optics and energy.
Some of the major drivers for the cleanroom technology market are technological advancements, rise in safety concerns and high healthcare expenditure in the developed regions. Demand for quality products, growing semi-conductor industry (especially in Asia-Pacific) and the expansion of pharmaceutical and biotechnological industries are further propelling the demand in this market. However, some of the major challenges for the global cleanroom technology market are the lack of skilled workforce and high costs of installation. The quality of products is foremost essential in this market and maintenance of quality over a long period is challenging. Moreover, the market is also witnessing a change in regulations that are becoming increasingly stringent.

In terms of equipment, HVAC systems were occupying the major share of the market in 2015, followed by HEPA & ULPA Filters and Fan Filter Units (FFUs). These three segments together comprised of a share, which was close to 60% in 2015. In terms of overall clean room technology components, cleanroom consumables are projected to witness the highest growth rate (of more than 5.3%) during the forecast period, 2016 - 2021. By end-user industries, pharmaceuticals and biotechnological industries currently occupy the major share of the market, while semi-conductor manufacturing industry is expected to witness a very high relative CAGR over the next five years.

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The market is dominated by North America, followed by the European region, which is benefitting from the technological advancements and innovations taking place in the healthcare industry. However, the growing healthcare/pharmaceutical market, with the continued initiatives taken by the governments towards the safety of products, and the increasing demand for better quality healthcare products, will generate significant growth in the emerging economies by 2020. India and China will have the fastest growing markets in cleanroom technology during the forecast period (2016 - 2021).
Some of the important players of the cleanroom technology market are Royal Imtech N.V, Azbil Corporation, Taikisha Ltd, Kimberly-Clark Corporation, Ardmac, Ltd and Ansell Healthcare.
WHAT THE REPORT OFFERS

Market definition for the global cleanroom technology market, along with identification of key drivers and restraints.
Market analysis for the global cleanroom technology market, with regional-specific assessments.
Identification of factors instrumental in changing the market scenario and in offering prospective opportunities.

Identification of key companies that can influence the market on both the global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect the global cleanroom technology market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.


Some points From TOC:

1. Introduction
1.1 Study Deliverables
1.2 Market Definition
1.3 Review and Forecast Period Years
1.4 General Study Assumptions

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview
5.1 Introduction
5.2 Market Drivers
5.2.1 Technological Advancement
5.2.2 Rise in Healthcare Spending
5.2.3 Rising Safety Concern and Demand for Quality Products
5.2.4 Expansion of Pharmaceutical and Biotechnology industries
5.2.5 Stringent Regulatory Requirements
5.3 Market Restraints
5.3.1 Changing Government Regulations
5.3.2 High Cost of Installation
5.3.3 Lack of Skilled Workforce
5.4 Market Opportunities
5.4.1 Growth in Demand for Hardwall Cleanroom
5.4.2 Rising Demand for Energy Efficient Cleanrooms
5.4.3 Growing markets of Asia-Pacific
5.5 Porter's Five Forces Analysis
5.5.1 Bargaining Power of Suppliers
5.5.2 Bargaining Power of Buyers
5.5.3 Degree of Competition
5.5.4 Threat of Substitution
5.5.5 Threat of New Entrants
5.6 Value-Chain Analysis

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