China Outbound MICE Tourism Market and Forecast

China Outbound Meetings, Incentives, Conferences and Exhibitions (MICE) tourism market is expected to surpass US$ 28 Billion by 2025.
 
“China Outbound MICE Tourism Market Report, Analysis and Forecast to 2025” offers the most up–to–date industry data on the actual market situation and future outlook for China outbound MICE tourism market. The report uses data and analysis to discuss potential lucrative opportunities and future trends related to China outbound MICE travelers flow, revenue and main destination markets. The report provides clear insight into current and future tourism developments of the China outbound MICE tourism market. Furthermore, this report uses country focused analysis to explore China outbound MICE tourism market.
A detailed country-wise analysis of the market is provided, covering a total of 21 countries. The research study limelight growth drivers and investigates market inhibitors of China outbound MICE tourism market.
The countries included in this report are Hong Kong, Thailand, South Korea, Macau, India, Singapore, Malaysia, Japan, United States, Philippines, Vietnam, Cambodia, Indonesia, Germany, France, Italy, Switzerland, Russia, United Kingdom, Spain, Australia and Other Countries
Further key findings from the report suggest:
• China is one of the fastest growing outbound MICE tourism markets
• Chinese MICE travelers made nearly 5 million trips in 2017.
• United States and Hong Kong generates the highest revenue in the market
• Japan is anticipated to register fastest growth rate over the forecast period
The Latest Industry Data Included in this Report:
• Market Size & Analysis: China Outbound Travelers Visitation & Spending (2013 – 2025)
• China Outbound Travelers Visitation & Forecast (2013 – 2025)
• China Outbound Travelers Spending & Forecast (2013 – 2025)
• Market Size & Analysis: China Outbound MICE Travelers Visitation & Spending (2013 – 2025)
• China Outbound MICE Travelers Visitation & Forecast (2013 – 2025)
• China Outbound MICE Travelers Spending & Forecast (2013 – 2025)
• China Outbound MICE Travelers Visitation & Spending Share & Y-o-Y Growth (%) (2013 – 2025)
• China MICE Travelers Visitation to Major 21 Countries & Forecast (2013 – 2025)
• China MICE Travelers Spending to Major 21 Countries & Forecast (2013 – 2025)
• Identification of Key Market Drivers and Inhibitors of the China Outbound MICE Tourism Market

3D Scanning Market analysis and growth drivers by 2023

According to the new market research report by IndustryARC titled “Cooling Towers Market: By Type (Natural, Mechanical, Hybrid); By Construction (Field Erected, Factory Assembled); By Method of Heat Transfer (Evaporative, Dry, Plume Abatement, Others); By Application (Pharmaceutical & Laboratories, Food & Beverages, Others); By Geography – (2015-2021)”, the market is driven by the increasing demand for electricity coupled with rising industrial investments.

APAC held the largest market share and Growth Rate in the Cooling Towers Market

Asia Pacific region holds the largest market share in the Cooling Towers Market and is anticipated to reach $1.01 billion by 2023 at a CAGR of 8.73%. The market is mainly driven by the regulatory restrictions on discharge of heat water in waterways. Other factors such as increasing demand for electricity and power along with growing industrialization also influences the buyer inclination. The key applications in this region includes Pharmaceutical and Laboratories, HVAC, Food and Beverages, Process Cooling, Chemical and Petrochemical Plant, Refineries among others.

Selected Value Chain Analysis done in the Cooling Towers Market report

• Firstly, the value addition starts from raw material suppliers, namely the suppliers of wood, plastic, graphite and others. After extracting the raw materials from the suppliers comes the Cooling tower design for various parts. These parts include nozzles, fans, drift eliminators, gear reducers and many more. After component manufacturing, these parts are integrated as a whole.
• Many cooling towers are also manufactured according to its end user such as cooling towers for power plants, chemical and petrochemical plants, refineries and many more.
• The equipment are made available to the customers generally through regional sales networks or through distributors. Major companies such as Evapco Inc., SPIG S.P.A operate through regional sales representatives, whereas smaller companies operate through distributors. This is because setting up a regional sales office in each country would require large investments. Smaller companies which generally have smaller profit margins do not have the resources to set up regional offices in every country. Hence, operating through distributors is relatively easy in such situations.
• After manufacturing, the distributors supplies the product to the end user industry. The major end users of cooling towers consists of power plants, chemical and petrochemical plants, refineries and pharmaceutical laboratories. Different industries install required cooling towers either directly from the OEMs or from the distributors.

To access / purchase the Cooling Towers Market report browse the link below

https://industryarc.com/Report/15885/cooling-tower-market.html

Excerpts on Cooling Towers Market Growth Factors
• With the advancements in combination of flue gas discharge system with cooling towers, the natural draft cooling tower market is set to witness significant growth during the forecast period.
• Stringent regulations to adopt efficiency standards for cooling towers resulted in the growth of cooling towers market in the U.S.
• The growth of the cooling tower market is attributed to the increase in energy demand, increasing urbanization, specifically from countries like Brazil.
• HVAC is the major application of cooling tower market. These systems are primarily employed in industrial, residential, commercial sectors such as hotels, shopping malls and few more.
• Higher adoption of smart technologies including smart lighting system, ventilation and air conditioning systems in residential and commercial building has accelerated the HVAC market, which in turn is elevating the growth of cooling tower market during the forecast period.
• Globally, stringent environmental regulations, growing demand from developing markets namely China and India, HVAC deployments and demand from nuclear power generation plants coupled with increase in investments are the major growth drivers for the cooling tower market.

Key players of Cooling Towers Market:

• Cooling Towers Market is in its maturity phase. Companies are focusing on natural draft cooling towers installation due to their low operational cost. Further, the integration of gas discharge system in these towers are lowering the capital investment by excluding the need for discrete chimneys in power generation sector, resulting in the growth of new cooling tower installations in existing thermal power plants.
• Various Cooling tower manufacturers include SPX Corporation, SPIG S.P.A, Baltimore Aircoil Company and many more. Hamon Axisparc is analyzed to be the third highest revenue in the market.
• Other Key players including Enexio, Spig S PA etc.

Cooling Towers Market Report is segmented as indicated below

• Cooling Towers Market By Type:
1. Natural Draft
2. Mechanical Draft
3. Hybrid Draft
• Cooling Towers Market By Construction
1. Field Erected
2. Factory Assembled
• Cooling Towers Market By Method Of Heat Transfer
1. Evaporative Tower
2. Dry Tower
3. Plume Abatement Tower
4. Water Conversation Tower
5. Others
• Cooling Towers Market By Application
1 Pharmaceutical and Laboratories
2 Food and Beverages
3 HVAC
4 Process Cooling
5 Chemical and Petrochemical Plant
6 Refineries
7 Others
• Cooling Towers Market By Geography (Covers 12 + Countries)
• Cooling Towers Market By Entropy

Companies Cited/Referenced/Interviewed:
• Delta Cooling Towers
• Harrison Cooling Towers
• Johnson Controls Inc;
• Kemrock Industries and Exports
• Kuken Kogyo Co, Ltd
• United Cooling Systems Pvt Ltd

What can you expect from the report?
The Cooling Towers Market is prepared with the Main Agenda to Cover the following 20 points:
1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services.

Media Contact:
Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Or Email 2: venkat@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC:
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

Global Cooled Infrared Imaging Market Trends and Outlook 2018

In the Report “Cooled Infrared Imaging Market: By Spectrum Ranges (Short, Mid, Long, Far Wave IR); By Focal Plane Arrays (Indium Antimonide (InSb) FPAs, Others); By Industry Verticals (Industrial, Medical, Commercial, Others); By Geography – (2018-2023)” published by IndustryARC, the market is driven by the demand for low-priced, high resolution thermal imaging systems that are more affordable and practical, which is driving manufacturers to introduce new innovations into their products to stand out from their competitors.

Presently America dominates and APAC foreseen to lead in the Cooled Infrared Imaging Market

Going on to data, America reportedly generated revenue of $2204.2 million for the year 2017, and is expected to grow at a CAGR of 4.32%, amounting to revenue of $2882.82 million by 2023, because of growing use of IR imaging technology in thermal camera sensor of conveyor systems, couplings, insulation integrity, hydraulic systems, piping systems, process equipment air transport systems, HVAC heating and cooling airs, etc. There are several technological advancements going on in America, and due to the growing demand, various developments are taking place in IR images, carried out by the leading manufacturers of infrared camera in America.Asia Pacific and Europe generated revenues of $1745.65 million and$1306.05 million, respectively, for 2017.The growing demand for advancements in security equipment in various other sectors will help the market to grow at a higher growth rate of 13.97% and 9.17%, and revenues amounting to $3655.65 million and $2190.23 million, respectively by 2023.In the coming years,Asia-Pacific will be seen as the region to gain highest amount of revenue due to the increasingly growing demand in the field of IR Imaging technology.

Selected Spectrum Range Analysis done in the Cooled Infrared Imaging Market Report:

IR imaging market is the fastest and largest growing market,in terms of shipment and technology. The overall market is expected to increase as the demand for consumer electronics applications is slated to be high in the coming years. The value of short wave IR market value is estimated to be $ 392.52 million by 2023, with a growing CAGR of 7.84%, this is mainly due to low cost and wide application range. Also, with the entry of new products with advanced technologies and developments, these products are finding wide range of application in various areas. The value of mid wave IR market is expected to grow fast, which is due to new launches and technical developments. Zafiro640 introduced by DRS technologies has significant competitive edge in the market space.Far wave IR is seen to grow at the lowest CAGR of 4.08%, but wide applications in various fields and upcoming research will help the Far Wave IR to grow steadily.

To access / purchase the Cooled Infrared Imaging Market report browse the link below

https://industryarc.com/Report/32/global-cooled-infrared-imaging-market-analysis-report.html

Excerpts on Cooled Infrared Imaging Market Growth Factors

• The advances in technology have led to the production of cost-effective innovations in the market that are more useful and affordable to a wide customer base.The significant amount each company is spending to improve its product portfolio will significantly drive the use of IR imaging cameras across various industries, as new features like motion detection and cloud-based video solutions like Axis Video Hosting System (AVHS), are being added to existing products.
• The technological innovations are resulting in the reduction of size and cost of the end product as the product methods are evolving continuously.Specifically, adoption of low-cost images and optic technologies, and the shift to high volume manufacturing are a few changes that are expected to bring down the manufacturing cost.The newer IR cameras are highly integrated, compact and cost-effective, and this will drive the market significantly.
• Growing competition is another driver of thermal IR imaging market, which is forcing manufacturers to increase their manufacturing efficiency, and also resulting in the demand for technological innovations in the field of optics, sensor size, pyro electrics, thermopiles and many others. This demand is expected to be a key factor for the continuous reduction in cost of thermal imaging systems, along with the increase in adoption of thermal imaging camera across various commercial markets.
• With growing demand for integrated technologies, many original equipment manufacturers are also producing in-built thermal images for smartphones, and also providing additional innovative accessories with their products to enhance user experience and integration capabilities. With increasing mobile penetration, such technologies are expected to grow in the market significantly.

Key players of the Cooled Infrared Imaging Market

Top companies that hold major market share are FLIR Systems, Testo AG, Fluke, NEC Avio, Wuhuan Guide Infrared Co., Ltd, and others. FLIR Systems is the top company with a highest figure of market share, followed by Testo AG. The research says FLIR will remain the market leader for thermographic cameraapplications during the forecast period. The top companies in vision enhancement, are Axis Communications AB, Samsung Techwin, Pelco and Bosch Security Systems. In camera systems in the security arena, Axis Communications AB is expected to perform better in the future and capture a larger market share.

Cooled Infrared Imaging Market report is segmented as below

A. Cooled IR Imaging Market by Spectrum Ranges

1. Short Wave IR (SWIR)
2. Mid Wave IR (MWIR)
3. Long Wave (LWIR)
4. Far Wave (FWIR)

B. Cooled Infrared Imaging Market by Focal Plane Arrays (FPAs)

1. Mercury Cadmium Telluride (HgCdTe) FPAs
2. Indium Antimonide (InSb) FPAs
3. Lead Sulfide and Lead Selenide (PbS and PbSe) FPAs
4. QWIPs (Quantum Well Infrared Photodetectors) FPAs
5. nBn Detectors FPAs
6. Extrinsic Silicon (Si:X) FPAs
7. T2SL (Type II Superlattice) FPAs
8. Others

C. Cooled IR Imaging Market by Industry Verticals

1. Industrial
2. Commercial
3. Medical
4. Automotive
5. Defense

D. Cooled Infrared Imaging Market by Geography (covers 10+ countries)
E. Cooled Infrared Imaging Entropy Market

Companies Cited / Interviewed

1. Apc
2. Axis Communications Ab
3. Current Sales Corporation (Dba Current Corporation)
4. Zhejiang Dali Technology Co Ltd.
5. Drs Technologies, Inc.
6. E.D. Bullard Company
7. Flir Systems, Inc
8. Fluke Corporation
9. General Dynamics Corporation
10. Guangzhou Sat Infrared Technology Co., Ltd
11. Infrared Integrated Systems Ltd (Irisys)
12. L-3 Communications Holdings, Inc.
13. Necavio Infrared Technologies
14. Pelco Inc.
15. Qioptiq Ltd.
16. Raytheon Company
17. Robert Bosch Gmbh
18. Safran S.A.
19. Samsung Techwin
20. Teradyne Dalsa Corp.
21. Testo Ag
22. Ulis
23. Vigo System S.A
24. Wuhan Guide Infrared Co., Ltd.
25. Zhejiang Ulirvision Technology

What can you expect from the report?
The Cooled Infrared Imaging Market Report is Prepared with the Main Agenda to Cover the following 20 points:

1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
2. Market trends & Relevant Market Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis

Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Media Contact:
Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Or Email 2: venkat@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.