The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm
The global viral vector manufacturing market size is projected to reach USD 815.8 million by 2023 from USD 327.8 million in 2018, at a CAGR of 20.0%. Rising prevalence of target diseases, availability of funding for gene therapy development, the effectiveness of viral vectors in gene therapy delivery, and ongoing research into viral vector-based gene therapies are the major drivers of this market. In this report, the market is segmented by type, disease, application, end user, and region. By type, the viral vector manufacturing market is segmented into retroviral vectors, adenoviral vectors, adeno-associated viral vectors, and other viral vectors. The adeno-associated viral vectors are expected to grow at the highest rate during the forecast period. The growth of this segment can be mainly attributed to the applications of these vectors for many cell-based gene therapies for inherited disorders and neurodegenerative diseases. Download PDF Brochure: https://www.marketsandm