Global Argon Market

The electrosurgical devices market consists of sales of electrosurgical devices and related services. Electrosurgical devices include surgical generators and electrosurgical instruments Electrosurgical instruments include monopolar, bipolar and ultrasonic instruments. These devices deliver high-frequency electrical currents and voltages through an active electrode. They are used for cutting, sealing, and coagulating tissue during a variety of open and laparoscopic surgical procedures. The main products of the electrosurgical devices are electrosurgery generators, electrosurgery instruments and accessories, argon, and smoke management systems. Electrosurgery generators facilitate therapeutic endoscopy by supplying the high-frequency electrical current required to use endoscopic accessories. The applications involved are general surgery, gynecology surgery, urologic surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, and neurosurgery. The various end-users are hospitals, specialized clinics, and ambulatory surgery centers. The global electrosurgical devices and equipment market size is expected to grow from $7.93 billion in 2021 to $8.65 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global electrosurgical devices market size is expected to grow to $11.54 billion in 2026 at a CAGR of 7.5%. The increasing prevalence rate of chronic diseases contributed significantly to the growth of the electrosurgical devices and equipment market. The electrosurgical devices are used in the surgery of many life-threatening diseases such as skin cancer, small basal cell carcinomas, squamous cell carcinoma, wound surgery, skin surgery, non-cancerous moles, dentistry, and others. There has been an increase in the number of skin diseases worldwide. For example, in the year 2019, according to one study conducted by the American Society of Clinical Oncology, around 2,000 people in the USA are diagnosed with Merkel cell carcinoma each year and this number has rapidly increased from past decades. According to WHO, the global burden of major chronic diseases currently accounts for 43% of all diseases and is set to rise to 60% by 2020. According to a United Nations’ report on world population aging, globally the 60+ aged population is projected to grow by 56% to reach 1.4 billion. The growth of the aging population and rising chronic disease incidence will contribute to increased hospitalization. The increase in the patient pool is expected to rise the demand for electrosurgical devices and equipment. The high incidence of product recalls is one of the factors restraining the electrosurgical devices and equipment market growth. The medical device industry is seeing a significant spike in product recalls during recent years due to defective devices, software issues, mislabeling issues, and quality issues. The electrosurgical devices and equipment market is a minor part of the medical device market and hence, product recall in the electrosurgical market is quite often. For example, in March 2019, Covidien, PLC, recalled its class 2 Covidien Force Traverse electrosurgical device due to bad sterile packaging. Zimmer Biomet, a medical device company recalled it is class 1 SPF PLUS-Mini and SPF XL IIB Implantable Spinal Fusion Stimulators due to high levels of potentially harmful chemicals which may be toxic to tissues and organs. FDA Safety Communication notice was Magellan Diagnostics and LeadCare of Meridian Bioscience, Inc. for its LeadCare Testing Systems for giving inaccurate test results. Electrosurgery is the application of a high-frequency electric current on biological tissue to create. Technological advances have led to the development of modern ESUs that deliver the medically useful thermal effect. This system is capable of continuously monitoring current and voltage, deriving parameters such as power and tissue resistance, and analyzing them. Depending on the desired treatment outcome, these devices can also keep the operating parameters constant or change them in a targeted manner through control and regulation. Electrosurgical equipment manufacturers should consider investing ESUs to increase market share in the market. The regulatory changes related to customer data protection such as the European Union's General Data Protection Regulation (GDPR), changes to equipment approval procedures, and other regulatory changes are leading to increased costs of electrosurgical equipment product development and supply to healthcare services organizations. The GDPR is an EU law on the data protection and privacy of individuals residing in the European Union and the European Economic Area (EEA). It also regulates the export of personal data outside the EU and EEA areas. According to a report by Ernst and Young, Fortune 500 companies are spending $7.8 billion to comply with GDPR. In the USA, the U.S. Department of Health and Human Services and Center for Devices and Radiological Health are regulating electrosurgical devices under US FDA. There are two main ways that manufacturers can follow for premarket approval. One way consists of conducting clinical studies and submitting a premarket approval (PMA) application that includes evidence providing reasonable assurance that the device is safe and effective. The other way involves submitting a 510(k) notification demonstrating that the device is substantially equivalent to a device already on the market (a predicate device) that does not require a PMA. The FDA is requesting more clinical data to support claims, therefore increasing the time to process 510(k)s by over 55% over the last decade. The delays in product releases and additional costs incurred due to stringent approval processes put a strain on investments relating to electrosurgical equipment new product development resulting in potential loss of revenue. Major players in the electrosurgical devices market are Bovie Medical Corporation, Johnson & Johnson Private Limited, B. Braun Melsungen AG, Medtronic PLC, Smith and Nephew, Boston Scientific, Stryker Corporation, ATMOS Inc, Heal Force Bio-Meditech Holdings Limited, and Erbe Elektromedizin GmbH. North America was the largest region in the electrosurgical devices market in 2021. Western Europe was the second-largest region in the global electrosurgical devices market. The regions covered in the global electrosurgical equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electrosurgical devices market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia. The global electrosurgical devices and equipment market is segmented - 1) By Product: Electrosurgery Generators, Electrosurgery Instruments and Accessories, Argon and Smoke Management Systems 2) By End-User: Hospitals, Specialized Clinics, Ambulatory Surgery Centers 3) By Application: General Surgery, Gynecology Surgery, Urologic Surgery, Orthopedic Surgery, Cardiovascular Surgery, Cosmetic Surgery, Neurosurgery

The gynecology medical lasers market consists of sales of gynecology medical lasers and related services by entities (organizations, sole traders, and partnerships) that manufacture gynecology medical lasers. Gynecology medical lasers are used in the treatment of diseases in the female reproductive system. Only goods and services traded between entities or sold to end consumers are included. The gynecology medical lasers market covered in this report is segmented by product type into CO2 laser, KTP–argon laser, and Nd:YAG laser. CO2 laser helps in removing thin layers of skin with minimal damage to the surrounding structures. The various applications involved are colposcopy, laparoscopy, and hysteroscopy that are used by end-users such as hospitals, specialized clinics, ambulatory surgical centers, and medical centers. The global gynecology medical lasers market size is expected to grow from $0.15 billion in 2021 to $0.22 billion in 2022 at a compound annual growth rate (CAGR) of 42.8%. The global gynecology medical laser market is expected to grow to $0.93 billion in 2026 at a CAGR of 43.9%. Rising obesity is expected to drive the gynecology medical lasers market. Overweight women have a higher incidence of gynecology disorders. Overweight and obese women are at high risk of reproductive health-related issues. They have a higher risk of infertility, conception rates, miscarriage rates, and increased risk for pregnancy complications. They have poor reproductive outcomes in natural as well as assisted conception. Increasing obesity in women across the globe is driving the demand for gynecology treatment, hence driving the gynecology medical lasers market. The high costs associated with gynecology lasers are a major issue faced by patients across the globe, especially in developing countries. The pressure to contain costs and demonstrate value is widespread. Political uncertainty and persistent economic stress in numerous countries are calling into question the sustainability of public health care funding. Carbon dioxide laser is the system most commonly used in gynecology and the main indications are a disease of the uterine cervix, vagina, vulva, or perineum. The only disadvantage is their high cost. For instance, CO2 laser therapy costs more than $500 per treatment, with three treatments required initially, followed by annual treatments. Therefore, the high cost of gynecology laser treatment and the lack of skilled technicians in developing countries hamper the demand for such lasers and impact market growth. Gynecology medical laser manufacturers are constantly investing in technologies for faster diagnosis and efficient treatment of gynecological conditions. Areas of technological advances include new wavelengths, more rugged setups, lower-cost systems, and other advancements are being combined with minimally invasive techniques. For instance, FDA cleared the use of the Dynamis PRO laser system for treatments in gynecology and genitourology, which uses two complementary wavelengths, for fast and precise treatments. Major players in the gynecology medical lasers market are Quanta System S.p.A, Cynosure, biolitec AG, Boston Scientific Corporation, DEKA Medical, Limmer Laser, Linline Medical Systems, Fotona, GIGAA Laser, and LISA laser products. North America was the largest region in the gynecology medical lasers market in 2021. Asia Pacific was the second largest region in the global gynecology medical lasers market during the forecast period. The regions covered in the global gynecology medical laser market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the gynecology medical lasers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global gynecology medical lasers market is segmented - 1) By Product Type: CO2 Laser, KTP–Argon Laser, Nd:YAG Laser 2) By Application: Colposcopy, Laparoscopy, Hysteroscopy 3) By End-User: Hospital, Specialized Clinics, Ambulatory Surgical Centers, Medical Centers

The metal working machinery market consists of sales of metalworking machinery by entities (organizations, sole traders, and partnerships) that produce metal working machinery. The main types of metalworking machinery are special die and tool, die set, jig, and fixture, machine tool, industrial mold, rolling mill, and other metalworking machinery, and cutting tool and machine tool accessory. Industrial mold refers to the molding or shaping of a liquid or raw material. The various capacity includes small, medium, and large. These are used in automotive, manufacturing, and other applications. The global metalworking machinery market size is expected to grow from $230.48 billion in 2021 to $254.79 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The global metalworking machinery market size is expected to grow to $364.92 billion in 2026 at a CAGR of 9.4%. The metalworking machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the metalworking machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the metalworking machinery manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy. Machinery manufacturers are offering advanced 6-axis CNC milling machines to efficiently fabricate complex components. CNC milling is a specific type of computer numerical controlled (CNC) machining. This involves the use of computers to control machine tools like lathes, mills, routers, and grinders. The 6-axis CNC machine converts a raw metal bar into the final product by turning from both ends of the fixture. This offers high-quality products while minimizing errors. CNC milling helps in the short-run production of complex parts and the fabrication of unique precision components. Major companies manufacturing 6-axis CNC milling are Yamazaki Mazak, DMG MORI, ERLO, Giben International, Haas Automation, Knuth Machine Tools, IMSA. Major companies in the metalworking machinery market include Sandvik AB, Berkshire Hathaway Inc, TRUMPF Group, Mitsubishi Heavy Industries Ltd, Amada Co. Ltd, Toyota Tsusho, Colfax Corporation, Fanuc Corp, Okuma Corporation, and Taiyo Nippon Sanso Corporation. Asia Pacific was the largest region in the metalworking machinery market in 2021. Western Europe was the second largest region in the global metalworking machinery market. The regions covered in the global metalworking machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metalworking machinery market report include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global metalworking machinery market is segmented - 1) By Type: Special Die and Tool, Die Set, Jig, and Fixture, Machine Tool, Industrial Mold, Rolling Mill and Other Metalworking Machinery, Cutting Tool and Machine Tool Accessory 2) By Capacity: Small, Medium, Large 3) By Application: Automotive, Manufacturing, Others Subsegments Covered: Dies, Stamping and Other Tools, Jigs and Fixtures, Metal Cutting Tools, Metal Forming Tools, Metal Molds, Other Material Molds, Wire Drawing and Fabricating Machinery, Coil Winding and Cutting Machinery, Rolling Mill Machines, Other Rolling Mill and Other Metalworking Machinery, Metalworking Knives and Bits, Measuring Attachments, Metalworking Drill Bits, Machine Tool Taps and Dies

The semiconductors and other electronic components market consists of sales of semiconductors and other electronic components by entities (organizations, sole traders and partnerships) that produce semiconductors and other components for electronic applications. Examples of products made by these establishments are capacitors, resistors, microprocessors, bare and loaded printed circuit boards, electron tubes, electronic connectors, and computer modems. The main types of semiconductors and other electronics are semiconductors and related devices and general electronic components. A semiconductor is a material product made mostly of silicon that conducts electricity more than an insulator like glass but less than a pure conductor like copper or aluminum. Their conductivity and other properties can be changed by introducing impurities, a process is known as doping, to meet the specific needs of the electronic component in which they reside. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used for automotive, manufacturing and other applications. The global semiconductor and other electronic component market size is expected to grow from $959.88 billion in 2021 to $1,039.71 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The semiconductor and other electronic component market is expected to reach $1,378.33 billion in 2026 at a CAGR of 7.3%. Semiconductor companies across the globe are seeking to enhance their competitiveness by increasing investment in green semiconductors. The trend mainly aims to reduce the energy consumption as well as limit data usage. For instance, Samsung’s green DRAM is DDR4, which has reduced operating voltage and doubled bandwidth compared to DDR3. Samsung’s DDR4 offers 40 percent increased performance and up to 15% reduced energy consumption compared with DDR3. The Korean tech giant is also planning to develop magneto resistive random-access memory (MRAM) and Phase-change Memory (PRAM) as next-gen green memory solutions. For instance, some of the major companies manufacturing green semiconductors include Samsung Electronics Co. Ltd, Intel Corporation and QUALCOMM Inc. Major companies in the semiconductor and other electronic component market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co ltd, SK Hynix Inc, Qualcomm, Micron Technology Inc, LG Display Co Ltd, Intel Corporation, Hon Hai Precision Industry, Broadcom Ltd, and Advanced Semiconductor Engineering Inc. Asia Pacific was the largest region in the semiconductor and other electronic component market in 2021. North America was the second largest region in the semiconductor and other electronic component market. The regions covered in the semiconductors and other electronic components market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the semiconductor and other electronic component market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The global semiconductor and other electronic component market is segmented - 1) By Type: Semiconductor and Related Devices, General Electronic Components 2) By Application: Automotive, Manufacturing, Others 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Integrated Circuits, Memory Chips, Microprocessors, Other Semiconductor and Related Devices

The semiconductors and related devices market consist of sales of semiconductors and related services. Semiconductors are materials which have an electrical conductivity falling between conductor and an insulator. Semiconductor devices are the components made out of material which is neither a good conductor nor a good insulator material and are useful because their behavior can be easily manipulated by the addition of impurities, known as doping. Conductivity of the device can be controlled, by exposure to heat, introducing electric or magnetic field or by the mechanical deformation. These devices have wide applications in power devices, light emitters, lasers and optical sensors due to their reliability and compactness. The main types of semiconductors and related devices are intrinsic semiconductors and extrinsic semiconductors. Intrinsically semiconductors are chemically pure semiconductors, that is, free of impurities. The number of holes and electrons is thus determined by the material's properties rather than by impurities. The various products include integrated circuits; memory chips; microprocessors and others that are used by information technology, aerospace & defense, consumer electronics, automotive, healthcare and other end users. The global semiconductor and related devices market size is expected to grow from $474.88 billion in 2021 to $497.76 billion in 2022 at a compound annual growth rate (CAGR) of 4.8%.The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The semiconductors and related device market is expected to reach $572.45 billion in 2026 at a CAGR of 3.6%. Rising penetration of mobiles, tablets and other electronics and rising data consumption drives the semiconductors and related devices market. An increase in sales of electronic devices such as smartphones and tablets lead to an increase in generation and consumption of digital content and requires memory chips to store data. For example, the total number of smartphone devices across the world reached 6 billion in 2020, i.e., eight people out of 10 own a smartphone in 2020, eventually driving the revenues of semiconductors manufacturing companies. Therefore, increasing use of smartphones is expected to drive the semiconductors and related devices market. Corruption of memory chips restrains the growth of the semiconductors and related devices market. The corruption of the memory chip leads to loss of all the data stored in the memory cards. Sudden power surge, formatting, virus attacks, and sudden removal of memory card from any device are some common factors responsible for corruption of memory card. Additionally, reasons such as uploading and deleting files rapidly when the card is full and capturing photos when the camera is on the low battery could lead to the corruption of memory card ultimately leading to loss of the data stored in the chip. Therefore, the risk of losing data due to the corruption of memory chips hampers the growth of the market. Companies in the memory chip market are developing chips with major technological changes that contribute to the growth of demand for memory chips. Researchers are creating memory chips that can store and process the data, reducing the time and energy required to transfer data and increase the speed of processors. For instance, Samsung Electronics announced the mass production of fifth-generation V-NAND memory chips that transfer data faster and additionally has the fastest data write speed at 500-microseconds (µs). This write speed is a 30% improvement over the previous generation, and the read-time has significantly reduced to 50µs. Technological advances reducing the data transfer time and energy contribute to the growth of the market. In January 2019, Micron Technology Inc., a company engaged in the production of computers, semiconductors, and other related products, acquired the remaining 49% stake in IM Flash Technologies, LLC, a semiconductor company, from Intel Corp for $1.5 billion. Following the transaction, Micron Technology holds 100% stake in IM Flash Technologies. IM Flash Technologies develop and manufacture 3D XPoint memory chips. This acquisition enables Micron to accelerate its research and development (R&D) and optimize its manufacturing plan for 3D XPoint. Major players in the semiconductors and related devices market are Intel, Qualcomm, Samsung Semiconductor, Broadcom, Taiwan Semiconductor Manufacturing Company Limited, NXP Semiconductors N.V., STMicroelectronics N.V., SK Hynix, Micron, and MediaTek. Asia Pacific was the largest region in the semiconductors and related devices market in 2021. North America was the second-largest region in the semiconductor and related devices market. The regions covered in the semiconductors and related devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the semiconductors and related devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global semiconductor and related devices market is segmented - 1) By Product Type: Integrated Circuits, Memory Chips, Microprocessors, Others 2) By End-Use Industry: Information Technology, Aerospace and Defense, Consumer Electronics, Automotive, Healthcare, Others 3) By Type: Intrinsic Semiconductor, Extrinsic Semiconductor

The solar photovoltaic panel manufacturing market consists of sales of solar photovoltaic panels for residential or commercial purposes. Photovoltaics (PV) is the technology for converting sunlight into electricity by using semiconductors which are present in PV cells. These PV cells are interconnected to form an array and are mounted to a frame. When the PV cells receives the sun rays, the electrons in the semiconductors are released and their movement generates an electric current. These PV cells are packaged behind glass to form photovoltaic modules with an average service life of 20-40 years. The main grid types of solar photovoltaic panel manufacturing are grid-connected and off-grid. An installation that is not connected to the electricity grid is referred to as an off-grid solar photovoltaic system. This means that the entire amount of energy generated is stored and used on-site. Off-grid photovoltaic systems rely on energy stored in a battery bank to operate. The various technologies involved are thin-film, crystalline silicon and others that are used by residential, commercial and utility-scale end-users. The global solar photovoltaic panel manufacturing market size is expected to grow from $177.20 billion in 2021 to $209.90 billion in 2022 at a compound annual growth rate (CAGR) of 18.5%. The change in the solar photovoltaic panel market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $416.87 billion in 2026 at a CAGR of 18.7%. Favourable government initiatives such as tax subsidies and huge investments favours the growth of the solar photovoltaic panel manufacturing market. In India, MNRE (Ministry of New and Renewable Energy - Central Government) has set the target to achieve 227 Gigawatts (22,70,00,000 kilowatt) of electricity production from solar PV cells by 31 March 2022. To achieve this target, the Indian government is promoting solar PV cell production through huge investments and policies that influence the solar PV panel manufacturing market directly or indirectly. For instance, the government of India has sectioned an amount of $0.71 billion (5000 crores) for solar subsidies. The Jawaharlal Nehru National Solar Mission scheme is being implemented by IREDA (Indian Renewable Energy Development Agency Ltd.) through NABARD (National Bank for Agriculture and Rural Development). The scheme provides 40% subsidy on capital costs of solar PV systems for units located in both urban and rural areas in India. India is also supported by Asian Development Bank (ADB), which announced a grant of USD 500 million towards rooftop solar PV panel systems, which will help the Indian government increase its renewable energy penetration by using solar energy. Another such example is the Swedish government, under Regulation No. 2009:689, authorizes grants for the installation of on-grid photovoltaic that started in July 2009 or later and is proposed to be completed by 31 December 2020. The growth of the solar photovoltaic (PV) panel manufacturing market is restricted by unfair trade and sales practices in the market. The unfair trade practices hamper the growth of local industries as well as industries which are trading at a global level. For instance, the entry and sales of solar PV panels manufactured in China into North American and European markets at extremely low prices has led to complaints of unfair trade practices. In the US, the Trump administration have imposed a 30% one-year tariff on the import of solar PV cells to compensate for unfair trade practice, In Europe, the European Commission and the major Chinese manufacturers reached an agreement on the minimum prices and the shipping volume. Further, to curb the losses because of unfair trade practices, the US Department of Commerce established anti-dumping and anti-subsidy duties on Solar PV modules from China. The solar photovoltaic panel manufacturing market is experiencing a number of significant trends that are focused on improving the rate of power production from the panels. Photovoltaic manufacturers are shifting towards monocrystalline cell technology from the more common multi crystalline cells and modules is a prominent trend faced by the solar photovoltaic panel manufacturing industry. These cells form the building block of photovoltaic panels. Monocrystalline panels have a high-power output, occupy less space, and last long because of the formation of cells in these panels allows more freedom for the electrons to move, resulting in a higher efficiency compared to multi crystalline cells. Many large-developers of solar photovoltaic panels manufacturing market have already increased their production of monocrystalline panels. For instance, monocrystalline solar, with an overall growth rate of 11.1%, is expected to hit $20.5 billion in 2020-2027 marking the emerging trend. Companies such as LONGi Solar, a subsidiary of LONGi Green Energy Technology is leading the mono-crystalline solar module manufacturers market. The company has experienced an increase in sales in the high-efficiency monocrystalline panels’ module segment. Further, companies such as LG Solar and JinkoSolar have also started investing more towards the manufacturing of solar photovoltaic panels with monocrystalline cell technology. The entities in the solar photovoltaic panel manufacturing market has to abide by the regulatory framework decided by the government of the geographic region they are operating in. Such regulations are created to promote transparency, good faith, and understanding among the players in the market. Solar Energy Industries Association is one such regulatory body that provides guidelines for industries in the US solar energy industry. The SEIA Solar Business Code provides guiding principles for companies to conduct business without any unfair, deceptive, or abusive acts or practices, guidelines related to advertising of the solar products of the company, guidelines related to sales and marketing of the company, and regarding the ownership of Renewable Energy Certificate (“REC”). In March 2020, LONGi Solar, a Chinese manufacturer of high-efficiency mono-crystalline solar cells and modules acquired Ningbo Jiangbei Yize New Technology for $252.8 million. Through this acquisition LONGi Solar enhances the production capacity to over 10 GW. Ningbo Jiangbei Yize New Technology, a China-based solar manufacturer that develops, manufactures, and distributes solar photovoltaic products. Major players in the solar photovoltaic panel manufacturing market are Trina, Canadian Solar, Jinko, Hanwha Q-Cell, SunPower, Panasonic Corporation, Q.ANTUM technology, Mitsubishi Electric, Suntech Power Holding Co. Ltd., and Vikram Solar. The regions covered in the solar PV panel manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the solar photovoltaic panel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The global solar photovoltaic panel manufacturing market is segmented - 1) By Technology: Thin Film, Crystalline Silicon, Others 2) By End-Use: Residential, Commercial, Utility-Scale 3) By Grid Type: Grid Connected, Off-Grid

The metals manufacturing market consists of sales of metals by entities ((organizations, sole traders and partnerships) that operate iron and steel foundries, iron and steel mills, and/or ferroalloy manufacturing businesses, and/or entities that undertake alumina and aluminium production and processing. The main types of metal manufacturing are iron and steel mills and ferroalloy manufacturing, nonferrous metal production and processing, alumina and aluminium production and processing, foundries, and steel product manufacturing. Steel product manufacturing refers to the products rolled, formed, shaped, drawn, extruded, forged, cast, fabricated or processed, or processed by a combination of two or more or such operations, from steel made by the open heath, basic oxygen, electric furnace, Bessemer or other steel making process. The metal types are aluminium, beryllium, bismuth, cadmium, cerium, chromium, cobalt, and other metal types. The various end-users involved are construction, manufacturing, and others. The global metal manufacturing market size is expected to grow from $3,023.2 billion in 2021 to $3,425 billion in 2022 at a compound annual growth rate (CAGR) of 13.3%. The global metal manufacturing market size is expected to grow to $4,542.55 billion in 2026 at a CAGR of 7.3%. Industrial robotics is gaining traction among companies in the metals industry. This is mainly because industrial robotics aids companies in reducing labour costs, improving workplace safety, and driving productivity and efficiency. Industrial robots have widespread applications in the metals industry performing tasks such as material handling, arc welding, spot welding, cutting, and press tending. According to a KPMG report, 42% of executives of global metals companies are willing to invest significantly in robotics. Examples of companies offering industrial robots to metals companies include FANUC, KUKA, ABB, and Motoman. Major players in the metals manufacturing market are Arcelor Mittal, POSCO, Nippon Steel & Sumitomo Metal, JFE, and TATA Steel Group. Asia Pacific was the largest region in the metal manufacturing market in 2021. Western Europe was the second-largest region in the global metal manufacturing market. The regions covered in the global metal manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the metal manufacturing market are Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Iran, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, Ukraine, USA, Vietnam. The global metal manufacturing market is segmented - 1) By Type: Iron and Steel Mills and Ferroalloy Manufacturing, Nonferrous Metal Production and Processing, Alumina and Aluminum Production and Processing, Foundries, Steel Product Manufacturing 2) By Metal Type: Aluminum, Beryllium, Bismuth, Cadmium, Cerium, Chromium, Cobalt, Others 3) By End-User: Construction, Manufacturing, Others Subsegments Covered: Crude Steel, Pig Iron, Ferroalloys, Nonferrous Metal (except Aluminum) Smelting and Refining, Copper Rolling, Drawing, Extruding, and Alloying, Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding, Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum), Aluminum Product Manufacturing from Purchased Aluminum, Secondary Smelting and Alloying of Aluminum, Alumina Refining and Primary Aluminum Production, Ferrous Metal Foundries, Nonferrous Metal Foundries, Iron and Steel Pipe and Tube Manufacturing, Rolling and Drawing

The metal-organic framework (MOFs) market consists of sales of metal-organic frameworks by entities (organizations, sole traders, and partnerships) that have physical and chemical properties and also have features such as high surface area, easily adjustable structure, and flexibility. MOFs is a class of nanoporous crystalline materials that consist of a regular array of positively charged metal ions surrounded by organic linker molecules. The main types of MOFs are zinc-based, copper-based, iron-based, aluminium-based, and magnesium-based. A zinc-based organic framework is a framework in which zinc is present as the metal ion which is synthesized through the hydrothermal method and used as a selective nano adsorbent for the extraction and preconcentration of trace amounts of cadmium. The applications involved gas storage, gas and liquid adsorption, catalysis, and drug delivery. The various end-users included are construction, manufacturing, and other end users. The global metal-organic framework market size is expected to grow from $222.3 million in 2021 to $304.75 million in 2022 at a compound annual growth rate (CAGR) of 37.1%. The global MOFs market size is expected to grow to $742.49 million in 2026 at a CAGR of 24.9%. The growing production of industrial gases for different applications is expected to propel the growth of the MOFs market. Industrial gases are gasses that are at room temperature and pressure such as oxygen, hydrogen, and nitrogen, and they are used in various industrial applications such as in the production of chemicals, power, medicine, electronics, aerospace, and food. MOFs are used for industrial gas storage and separation along with catalysis. According to Entrepreneur India, the Indian industrial gases market is expected to surpass $3.9 billion in the year 2023 because of the growing demand for the metal industry. Therefore, the increasing production of industrial gasses for different applications drives the growth of the MOFs market. Technological advancement in material science is an emerging trend in the MOFs market. Metal-organic frameworks are a new class of crystalline materials that are porous and can capture compounds in their molecular cavities. Some MOFs can be transformed into glass by cooling their liquid state. For example, some liquid and glass MOFs can exhibit properties of luminescence that demonstrate porosity, ion conductivity, and optical properties. They can also store heat in energy devices for gas permeation. For instance, in August 2020, EnergyX and ProfMOF had entered a partnership to promote the use of MOFs. Both the companies are looking for ways to implement nanotechnology materials that are suitable in the development of projects involving renewable energy and large-scale lithium-ion production and battery storage. In April 2021, Ascensus Specialties LLC, a US-based chemical company acquired Strem Chemicals, Inc. for an undisclosed amount. Strem Chemicals Inc. is a company that specializes in MOFs and Ligands for MOF Synthesis. Through this acquisition, Ascensus Specialties LLC further amplifies its new product and application development efforts. Strem Chemicals, Inc. is a US-based chemicals company that manufactures offers MOF products. Major players in the MOF market are BASF SE, GS Alliance Co. Ltd, MOF Technologies Ltd, MOFWORX, Mosaic materials LLC, Nanoshel LLC, novoMOF AG, Numat Technologies Inc, ProfMOF, and Promethean Particles Ltd. North America was the largest region in the MOF market in 2021. The regions covered in the MOF market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the MOF market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global metal-organic framework market is segmented - 1) By Product Type: Zinc-Based, Copper-Based, Iron-Based, Aluminium-Based, Magnesium-Based 2) By Application: Gas Storage, Gas and Liquid Adsorption, Catalysis, Drug Delivery 3) By End-User: Construction, Manufacturing, Others