LONDON--(BUSINESS WIRE)--Global market research company Technavio has published a new report on the global industrial evaporators market. In this report, Technavio covers the market outlook and growth prospects of the global industrial evaporators market for the forecast period 2017-2021. Technavio has segmented the market based on the end-user, which includes food and beverage processing and water treatment and by region covering APAC, EMEA, and the Americas.
Technavio expects this market to grow at a steady CAGR of over 7% during the forecast period, owing to innovation in designing falling film evaporators to reduce fouling and the growing popularity of flavored milk. One of the industry’s major trends expected to gain traction over the next five years is the growing demand for e-beam evaporators.
“The process of physical vapor deposition involves an evaporation system where an intense electron beam is directed to strike the source material (e.g., gold pellets) via electric and magnetic fields. This system is known as an e-beam evaporator system. The major end-user of these evaporators is the semiconductor industry. Increasing demand from this industry will induce manufacturers in this market to focus on the development of these evaporators,” says Gaurav Mohindru, a lead analyst at Technavio for research on unit operations.
In addition to the market’s emerging trends, Technavio’s global industrial evaporators market report also provides in-depth expertise of the overall market landscape and growth drivers, potential opportunities, biggest challenges, new market entry strategies, competitive landscape, and more. These actionable insights will help organizations and industry professionals build sustainable growth strategies and make strategic business decisions.
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Key questions answered in the report include:
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global industrial evaporators market?
- What are the key market trends impacting the growth of the global industrial evaporators market?
- What are the challenges to market growth?
- Who are the key vendors in the global industrial evaporators market?
- What are the market opportunities and threats faced by the vendors in the global industrial evaporators market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global industrial evaporators market?
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This report can also be customized for your company’s needs. Technavio’s analysts will work directly with you to assess your specific market needs, providing customized data in the report to fit your requirements. Receive USD 1,000 worth of free customization at the time of purchase.
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