Market Overview:
The global photobioreactor light shroud market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for biopharmaceuticals and life science research products. In addition, the growing awareness about the benefits of using photobioreactors is also contributing to the growth of this market. On the basis of type, non-explosion proof shrouds are expected to dominate the global photobioreactor light shroud market during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy installation as compared with explosion proof shrouds.
Product Definition:
A photobioreactor light shroud is an apparatus used to cover or surround a photobioreactor in order to improve the uniformity of illumination. The importance of a photobioreactor light shroud is that it allows for more even lighting throughout the reactor, which can improve the efficiency and growth rate of the microorganisms being cultured.
Explosion Proof:
Explosion proof is a material that can sustain the pressure of an explosion and protect the people around it. It's major applications are in industries such as petrochemical, oil & gas, power generation and mining. The global market for explosion proofing materials is expected to witness significant growth over the forecast period owing to its increasing demand in manufacturing industries across various countries including India, China, Japan and South Korea.
Non-explosion Proof:
Non-explosion proof and it's usage in photobioreactor light shroud market? Non-explosion proof materials are used to make the outermost layer of a photobioreactor. It acts as an insulation barrier against heat transfer from the reactor core to the external environment.
Application Insights:
The life science research application segment accounted for the largest revenue share in 2017 and is anticipated to maintain its lead over the forecast period. This is attributed to increasing government support for bioprocessing in laboratories. The explosion proof light shrouds are designed and manufactured according to international safety standards set by IEC 61501-3, which ensures safe operations of photobioreactor systems at high temperatures.
The others application segment includes food & beverage processing, chemical manufacturing, petroleum & petrochemical processing and metal treatment applications where heat or pressure cannot be applied directly to a system being studied owing to safety concerns or regulations imposed on these processes. In such cases, photobioreactors are used as an alternative method of illumination that produces higher quality products with less energy consumption compared with traditional methods of lighting systems using flame retardant gases or hazardous chemicals known as H2SO4 (sulfur dioxide).
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to the presence of a substantial number of pharmaceutical and life science research organizations in this region. The U.S., being one of the most developed nations, has many biopharmaceutical companies that are engaged in drug discovery activities using various micro-environmental conditions such as photobioreactor (PBR). This is expected to drive regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government funding for R&D activities and rising awareness about advanced technologies among potential investors from other developing countries such as China and India, which would further boost industry expansion across this region during the estimated time span.
Growth Factors:
- Increasing demand for photobioreactors in the food and beverage industry for the production of high-quality products
- Growing popularity of photobioreactors among academic researchers and hobbyists for culturing microalgae
- Rising demand from biotechnology and pharmaceutical companies for large-scale production of recombinant proteins
- Technological advancements that have led to the development of more efficient and compact photobioreactors
- Growing awareness about the benefits of using photobioreactors for sustainable agriculture
Scope Of The Report
Report Attributes
Report Details
Report Title
Photobioreactor Light Shroud Market Research Report
By Type
Explosion Proof, Non-explosion Proof
By Application
Life Science Research, Biopharmaceutical, Others
By Companies
Electrolab, Sartorius, INFORS HT, Industrial Plankton Inc., Dutt Instrumentations India, Visilume, Innova Bio-Meditech, Biostream, Bioengineering AG, Eppendorf, BIONET
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Photobioreactor Light Shroud Market Report Segments:
The global Photobioreactor Light Shroud market is segmented on the basis of:
Types
Explosion Proof, Non-explosion Proof
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Life Science Research, Biopharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Electrolab
- Sartorius
- INFORS HT
- Industrial Plankton Inc.
- Dutt Instrumentations India
- Visilume
- Innova Bio-Meditech
- Biostream
- Bioengineering AG
- Eppendorf
- BIONET
Highlights of The Photobioreactor Light Shroud Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Explosion Proof
- Non-explosion Proof
- By Application:
- Life Science Research
- Biopharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Photobioreactor Light Shroud Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A photobioreactor light shroud is a device that helps to reduce the amount of light that enters a photobioreactor. This can help to improve the efficiency of the bioreactor and increase its production capacity.
Some of the key players operating in the photobioreactor light shroud market are Electrolab, Sartorius, INFORS HT, Industrial Plankton Inc., Dutt Instrumentations India, Visilume, Innova Bio-Meditech, Biostream, Bioengineering AG, Eppendorf, BIONET.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photobioreactor Light Shroud Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Photobioreactor Light Shroud Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photobioreactor Light Shroud Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Photobioreactor Light Shroud Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Photobioreactor Light Shroud Market Size & Forecast, 2020-2028
4.5.1 Photobioreactor Light Shroud Market Size and Y-o-Y Growth
4.5.2 Photobioreactor Light Shroud Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Explosion Proof
5.2.2 Non-explosion Proof
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Life Science Research
6.2.2 Biopharmaceutical
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photobioreactor Light Shroud Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Photobioreactor Light Shroud Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Explosion Proof
9.6.2 Non-explosion Proof
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Life Science Research
9.10.2 Biopharmaceutical
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Explosion Proof
10.6.2 Non-explosion Proof
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Life Science Research
10.10.2 Biopharmaceutical
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Explosion Proof
11.6.2 Non-explosion Proof
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Life Science Research
11.10.2 Biopharmaceutical
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Explosion Proof
12.6.2 Non-explosion Proof
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Life Science Research
12.10.2 Biopharmaceutical
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Explosion Proof
13.6.2 Non-explosion Proof
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Life Science Research
13.10.2 Biopharmaceutical
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Photobioreactor Light Shroud Market: Competitive Dashboard
14.2 Global Photobioreactor Light Shroud Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Electrolab
14.3.2 Sartorius
14.3.3 INFORS HT
14.3.4 Industrial Plankton Inc.
14.3.5 Dutt Instrumentations India
14.3.6 Visilume
14.3.7 Innova Bio-Meditech
14.3.8 Biostream
14.3.9 Bioengineering AG
14.3.10 Eppendorf
14.3.11 BIONET
