Artificial Intelligence
Global Cleanroom Technologies Market Expected to Reach USD 8 Billion by 2026 – Facts & Factors
New York, NY, Dec. 03, 2020 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Cleanroom Technologies Market By Product (Equipment, Consumables, and Controls), By Construction Type (Drywall/Standard Cleanrooms, Hardwall Cleanrooms, Softwall Cleanrooms, and Pass-Through Cabinets), By End-User (Pharmaceutical Industry, Biotechnology Industry, Medical Device Manufacturers, Hospitals, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.
According to the research study, the global Cleanroom Technologies Market was estimated at USD 5 billion in 2019 and is expected to reach USD 8 billion by 2026. The global Cleanroom Technologies Market is expected to grow at a compound annual growth rate (CAGR) of 7% from 2020 to 2027.
Global Cleanroom Technologies Market Growing On The Back Of Rising Technological Advancements Along With The Rising Demand For Better Quality Products From Several Industries Including Pharmaceuticals, Biotechnology, And Medical Devices, And Electronics.
Cleanroom Technology refers to a room where particulate matter (such as hair, pollen, bacteria, and fungus) is regulated through the accumulation of airborne matter. Such a facility is generally for any scientific research or the production of any specialized industrial routes such as LCD, CRT, integrated circuits, and pharmaceutical products. For prohibiting the introduction and preservation of particles inside the room, a cleanroom is constructed. Protection from such outside unwanted particles is achieved by maintaining sufficient conditions of temperature, pressure, and humidity.
Browse through 28 Tables & 93 Figures spread over 180+ Pages and in-depth TOC on “Cleanroom Technologies Market”.
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Some of the key factors fueling the cleanroom technology industry are technical innovation, rigid regulatory requirements, and increased demand from pharmaceutical and biopharmaceutical companies to produce premium goods. The sterility of the finished product and the overall processing processes can be assured by the increasing use of clean-room technologies. It is an integral part of the healthcare industry and, according to regulatory requirements, serves the purpose of creating standardized goods. Cleanroom developments have changed from conventionally constructive to scalable modular cleanrooms. Some of the key factors that fuel demand for modular cleanrooms in multiple industries are benefits such as reconfiguration as per necessity, fast implementation, and cost-effectiveness. For instance, Telstar produced a standardized version of the BioVanguard biological safety cabinet in September 2017, which belongs to Class 2 with low power consumption, maintenance costs, and noise levels.
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During the upcoming years, the stringent regulations imposed by the governments and several other institutions along with the rising demand for certified products with several quality certifications such as National Safety and Quality Health Standards (NSQHS) and ISO checks for guaranteeing the standards followed during the manufacturing process. However, to a certain degree, the shortage of professional experienced professionals associated with cleanrooms is likely to curb business expansion. Nevertheless, growing demand in developing countries and a growing emphasis on energy-efficient cleanrooms are both projected to deliver substantial business growth opportunities in the coming years. The customization of the cleanroom technologies based on the customer requirement and product specialization provides several challenges for the cleanroom manufacturers for meeting the demands of their clients.
Top Market Players
Some of the leading and top cleanroom technologies companies in the global Cleanroom Technologies market include Parteco Srl, Kimberly-Clark Corporation, Taikisha Ltd., Azbil Corporation, COLANDIS GmbH, Ardmac, Terra Universal Inc., Clean Air Products, Connect 2 Cleanrooms Ltd., Labconco Corporation, Camfil, Exyte AG, OCTANORM-Vertriebs-GmbH, Dynarex Corporation, Bouygues Group, Airtech Japan Ltd., Clean Rooms International Inc., DowDuPont Inc., ABN Cleanroom Technology, and Illinois Tool Works Inc. The leading five players of the global Cleanroom Technologies market includesConnect 2 Cleanrooms Ltd., Dynarex Corporation, Clean Rooms International Inc., and Labconco Corporation.
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Market Drivers:
The primary reasons expected to boost the global Cleanroom Technologies market is the strict government rules and regulations and also the development taking place in the biologics area. In addition to this, the rising demand for sanitized pharmaceutical formulations along with the immense technological improvements in cleanroom technology is expected to bolster the growth of the Cleanroom Technology market during the forecast period. Furthermore, the growing requirement for medical equipment in hospitals, clinics, homes, etc. is also likely to supplement the global Cleanroom Technology market expansion.
Market Segment Dominance:
- Consumables are anticipated to dominate the global Cleanroom Technologies market
Consumables are estimated to exhibit the highest market value in the global Cleanroom Technologies market owing to the increasing number of biotech, pharmaceutical, and medical equipment firms that use more disposable protective clothing. Apart from this, the mounting number of R&D activities in the healthcare sector is also attributing to the growth of the Cleanroom Technologies market.
- Hardwall cleanrooms are expected to grow at a significant rate
By construction type, the hardwall category is predicted to dominate the global Cleanroom Technologies market owing to the mounting requirement for hardwall cleanrooms as they are more flexible in terms of design, stress-free to expand or reconfigure easy installation, and freestanding for easy portability.
- Pharmaceutical industry end-user category is expected to lead the global Cleanroom Technologies market
The pharmaceutical industry end-user category is expected to dominate the market owing to the industrial developments, growing pipeline of injectable formulations, and increasing demand to maintain the quality of healthcare products.
Browse the full “Cleanroom Technologies Market By Product (Equipment, Consumables, and Controls), By Construction Type (Drywall/Standard Cleanrooms, Hardwall Cleanrooms, Softwall Cleanrooms, and Pass-Through Cabinets), By End-User (Pharmaceutical Industry, Biotechnology Industry, Medical Device Manufacturers, Hospitals, and Others), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026″ report at https://www.fnfresearch.com/global-cleanroom-technologies-market-by-product-equipment-consumables-590
Based on product type, the worldwide cleanroom technologies market can be segmented into Equipment, Consumables, and Controls, They are further bifurcated into HVAC systems, laminar airflow systems & biosafety cabinets, HEPA filters, fan filter units, air diffusers, and showers, and others for equipment and safety consumables and cleaning consumables for consumables. with the consumables category having the leading market share in the worldwide cleanroom technologies market share. In terms of construction type, the global cleanroom technologies market can be segmented into drywall/standard cleanrooms, pass-through cabinets, softwall cleanrooms, and hardwall cleanrooms. Based on end-user, the market can be bifurcated into the pharmaceutical industry, medical device manufacturers, hospitals, and biotechnology industry, and others. In terms of geography, the North America region held the leading market share among other regions such as Europe, Asia Pacific, Latin America, and Middle East & Africa in the global cleanroom technologies market.
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This report segments the global Cleanroom Technologies market as follows:
Global Cleanroom Technologies Market: Product Segmentation Analysis
- Equipment
- HVAC Systems
- HEPA Filters
- Fan Filter Units
- Laminar Air Flow Systems & Biosafety Cabinets
- Air Diffusers and Showers
- Others
- Consumables
- Safety Consumables
- Cleaning Consumables
- Controls
Global Cleanroom Technologies Market: Construction Type Segmentation Analysis
- Standard/Drywall Cleanrooms
- Hardwall Cleanrooms
- Softwall Cleanrooms
- Pass-through Cabinets
Global Cleanroom Technologies Market: End User Segmentation Analysis
- Pharmaceutical Industry
- Biotechnology Industry
- Medical Device Manufacturers
- Hospitals
- Others
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Artificial Intelligence
Computime announces the launch of one of the first true Matter thermostats
HONG KONG, May 27, 2024 /PRNewswire/ — Computime Group, a leading innovator in manufacturing, branded products and technology solutions, is proud to announce the upcoming launch of one of the first true Matter thermostats. This milestone highlights our commitment to pioneering smart home technology and providing our OEM and ODM customers with state-of-the-art solutions.
Matter is set to revolutionize the Internet of Things (IoT) landscape as the next-generation standard for connected devices. Developed by the Connectivity Standards Alliance, Matter offers an open, universal protocol that is not bound to any single ecosystem, providing consumers with unparalleled freedom and flexibility. It ensures privacy-sensitive, secure, and reliable local controls without the need for cloud dependency, addressing the growing demand for enhanced privacy and security in smart home devices.
The key principles driving Matter’s development include simplicity, reliability, interoperability, and security. By ensuring that all Matter-certified devices work seamlessly together, Matter eliminates the complexities often associated with smart home technology. This leads to greater compatibility, easier setup, and more robust user experiences across various device types, including thermostats.
Computime’s Matter thermostat represents a significant advancement in smart home technology, providing our customers with cutting-edge solutions and a short lead time to market, to meet the growing demand for interconnected and efficient home environments. We invite our customers to explore the capabilities of our new thermostat solutions. Computime’s extensive expertise in developing and manufacturing smart home devices ensures that our customers receive high-quality, reliable products with a short lead-time that stand out in the competitive market.
CONTACT: Computime Group, [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/computime-announces-the-launch-of-one-of-the-first-true-matter-thermostats-302155918.html
Artificial Intelligence
GVG featured on the 2024 Africa RegTech Horizon-100 list
MADRID, May 27, 2024 /PRNewswire/ — Global Voice Group (GVG) now features as one of the top 100 Africa-focused innovative RegTech organizations that are set to power Africa to a $1 billion market size by 2025.
This acknowledgment bears witness to GVG’s compliance monitoring capabilities within the Mobile Money (MM) ecosystem. GVG developed the Mobile Money Monitoring (M3) solution, an intelligent data platform that supports East African regulatory authorities in monitoring the fast-expanding MM market. Through M3, the authorities can ensure the security and integrity of the related financial transactions, as well as transparency and compliance, for enhanced revenue assurance. M3 currently monitors approximately 25% of the financial flows passing through MM platforms in East Africa, verifying over 90 billion USD worth of transactions annually.
Moreover, the platform is also in use in Central and West Africa, in the Republic of Congo and in Ghana. In Congo, M3 has brought the local telecommunications regulator, the ARPCE, 100% visibility and control over all utility payments made via Mobile Money to the government. In Ghana, it has contributed to an average annual growth of 20% in revenue since its deployment. Overall, M3 has captured, verified and analyzed 1 trillion USD in MM transaction value since 2014.
After demonstrating the relevance, effectiveness, and innovation of the M3 solution to the jury, composed of recognized leaders of the Regtech industry, GVG was shortlisted and, following the voting phase, earned a place on the prestigious list. The M3 platform uses machine learning to ensure effective oversight of the MM market, ensure regulatory compliance and detect suspicious transactions. Since its first implementation in 2013, GVG’s M3 solution has provided the relevant regulatory authorities with reliable MM ecosystem metrics to support data-driven decision-making, promote compliance within the market, and reduce fraud and revenue leakage.
Responding to the announcement, James Claude, GVG’s CEO, declared: “It is with a great sense of achievement that I see GVG featuring among the 100 top RegTech providers in Africa. On behalf of the whole company, I sincerely thank Africa RegTech Horizon, as well as our voters, for supporting us in what we do best: providing governments and regulatory authorities with the market insights they need to address the challenges related to the fast-expanding financial ecosystem.”
The Africa RegTech Horizon-100 list is a directory of African RegTech companies and solution providers compiled to showcase the products and services of the latter, as well as assist financial institutions, regulators, and governments in identifying high-performing and trustworthy RegTech providers.
About GVG
Founded in 1998 and present in 11 countries, Global Voice Group is a global provider of ICT and RegTech solutions for governments and regulatory bodies. GVG assists governments and authorities, through Big Data analytics, in their digital transformation and the effective promotion of compliant and truly inclusive digital ecosystems. The company monitors, collects and analyses data from crucial economic sectors and turns it into actionable information. We promote data-driven decision-making.
Discover GVG’s website: www.globalvoicegroup.com
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View original content:https://www.prnewswire.co.uk/news-releases/gvg-featured-on-the-2024-africa-regtech-horizon-100-list-302155235.html
Artificial Intelligence
Unlock an Exclusive Olympic Experience: Celebrating Live4Well’s Sold-Out Genesis NFT
HONG KONG, May 25, 2024 /PRNewswire/ — The buzz surrounding Live4Well’s successful Genesis NFT membership launch on May 23 has captivated both traditional and web3 communities. Combining the power of AI technology and decentralized physical infrastructure (DePin) concept, Live4Well has infused new life into the NFT market. The overwhelming response to their first NFT sales, showcases the project’s immense potential. Renowned web3 community leaders from Azuki, Bored Ape, Pudgy Penguins, WELL3, etc have joined forces with Live4Well, propelling the Genesis NFT membership collection to its resounding success.
Live4Well aims to transform the wellness industry by creating a reward-based infrastructure that connects global fitness data, enhances their AI database, and drives the development of sports and wellness. Backed by a multi-billion family office, which recently invested $20 million in Live4Well, the project has gained support in both web3 and traditional spaces. The team believes that every drop of sweat and effort toward better health should be rewarded, fostering motivation and integrating exercise into daily lives for enhanced well-being.
Live4Well’s announcement of an Olympic-themed raffle for Genesis NFT holders reflects their commitment to connecting wellness between Web2 and Web3 platforms. This testament to Live4Well’s demand and innovative vision solidifies their position as a promising leader in the industry. Their integration of the Olympic signifies their determination to inspire a global audience, leveraging blockchain technology to create an immersive ecosystem that revolutionizes how individuals engage with fitness on a daily basis for better health. Live4Well’s dedication to bridging the gap between traditional practices and the digital landscape sets them apart as pioneers in promoting well-being on a global scale.
What is Genesis NFT membership?
The Genesis NFT unlocks a multitude of benefits for holders, including the opportunity to cash out their sportive income and access a range of exclusive physical products and services. In addition to future airdrops and angel round whitelist privileges, Genesis holders will receive VIP tailor-made product packs from an innovative German sportswear company, elevating their exercise performance to new heights. With over 400 million sweat points farmed by their users, they are eager to redeem through the Genesis NFT membership. These enticing incentives explain why there was a widespread eagerness to participate in this thrilling event.
Unlike typical projects that raise funds before launching products or services, Live4Well has already released its AI-powered app, amassing over 250,000 users as a community base actively engaging in daily exercise. This early success has fostered a promising community within the wellness industry, as users trust Live4Well’s roadmap and collaborative ventures. The growing traction from both ordinary individuals and web3 enthusiasts has intensified the demand for redeeming and cashing out sweat points, the project’s exercise-based rewards. Obtaining the Genesis NFT membership is now seen as an essential step for accessing the highest tier of benefits and cashing out sportive income.
What’s next for Live4Well?
Following the Genesis sales, Live4Well’s team will shift their focus to the upcoming token generation event (TGE) and a series of farming events. They also have exciting plans for partnerships and other collaborations in the global wellness and fitness industries. If you missed the initial launch, be sure to stay updated on Live4Well’s journey and join this extraordinary revolution.
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View original content:https://www.prnewswire.co.uk/news-releases/unlock-an-exclusive-olympic-experience-celebrating-live4wells-sold-out-genesis-nft-302155644.html
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