Future Prospects of Global Laboratory Proficiency Testing Market

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Laboratory Proficiency Testing Market  The global Laboratory Proficiency Testing Market is estimated to be valued at US$ 1.29 billion in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Laboratory proficiency testing involves evaluating the performance of laboratories for a given scope of testing through inter-laboratory comparisons. It helps assess the quality and competence of laboratories by determining reproducibility and accuracy of test results. Proficiency testing products are used by laboratories to determine method validity and accuracy, and improve testing processes. Market Key Trends: One of the major trends in the laboratory proficiency testing market is the growing number of accredited medical laboratories. Accreditation assures compliance with ISO 15189 and ISO/IEC 17025 standards, which require participation in proficiency testing programs. Acc...
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Cooling Towers Market Overview, Opportunities and Impact of Coronavirus (Covid-19) Pandemic

A cooling may be a heat rejection device that removes waste heat from a water stream by chilling it to a lower temperature then releasing it into the atmosphere. The water circulating within the cooling system is cooled by a cooling. it is a heat rejection device that eliminates waste heat from the cooling system and discharges it into the atmosphere. Evaporation or blowing air through the nice and cozy water cools the flowing water. Open cooling towers and closed-circuit cooling towers are the 2 varieties of cooling towers. Cooling towers are utilised during a kind of industries, including chemical, oil and gas, food processing, power plants, and other air-conditioning applications.

 

Market Opportunity

Western European governments are enacting legislation to manage the discharged plume, which is projected to spice up demand for plume abatement towers during the projection period. Hybrid cooling towers are introduced as a results of technological improvements to minimize the general impact of plume. However, these towers are often two to a few times dearer than ordinary towers. As a result, the Cooling Towers Market has yet to determine a surge in demand. In November 2012, the electrical Power Research Institute (EPRI) within the launched the long-term Technology Innovation Program to preserve water.

 

Cooling Towers Market
Cooling Towers Market

Cooling Towers Market - Impact of Coronavirus (Covid-19) Pandemic

In HVAC systems, cooling towers are commonly employed. This technique provides air-con to both corporate offices and personal residences. The company headquarters are closed thanks to the nationwide lockdown imposed by countries like India and Spain. For instance, the Indian Department of Communications asked Indian IT companies to increase their work-from-home policies for its staff until day, 2020. Within the years 2020-2021, as more IT offices close, the demand for cooling towers is probably going to fall.

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