▶ 調査レポート

パルスジェット電磁弁の世界市場2023年:ポートサイズ:1インチ、ポートサイズ:1.5インチ、ポートサイズ:2インチ、ポートサイズ:2.5インチ、ポートサイズ:3インチ、ポートサイズ:4インチ

• 英文タイトル:Global Pulse Jet Solenoid Valve Market Research Report 2023

QYResearchが調査・発行した産業分析レポートです。パルスジェット電磁弁の世界市場2023年:ポートサイズ:1インチ、ポートサイズ:1.5インチ、ポートサイズ:2インチ、ポートサイズ:2.5インチ、ポートサイズ:3インチ、ポートサイズ:4インチ / Global Pulse Jet Solenoid Valve Market Research Report 2023 / MRC23Q34300資料のイメージです。• レポートコード:MRC23Q34300
• 出版社/出版日:QYResearch / 2023年3月
• レポート形態:英文、PDF、90ページ
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レポート概要
本調査レポートは世界のパルスジェット電磁弁市場について調査・分析し、世界のパルスジェット電磁弁市場概要、メーカー別競争状況、地域別生産量、地域別消費量、タイプ別セグメント分析(ポートサイズ:1インチ、ポートサイズ:1.5インチ、ポートサイズ:2インチ、ポートサイズ:2.5インチ、ポートサイズ:3インチ、ポートサイズ:4インチ)、用途別セグメント分析(産業、製造、その他)、主要企業のプロファイル、市場動向などに関する情報を掲載しています。主要企業としては、Envirofiltech、Mantra Filtration Products、Pentair plc、Zhejiang Shinefine Filtration Technology Co., Ltd、Uflow Automation、Rotex、VB VALVES &AUTOMATION、XHnotion Pneumatic、GSE Filter Pvt Ltd、Green Environment Technologiesなどが含まれています。世界のパルスジェット電磁弁市場は、2022年にXXX米ドル、2029年にはXXX米ドルに達すると予測され、予測期間中の年平均成長率はXXX%です。COVID-19とロシア・ウクライナ戦争による影響は、パルスジェット電磁弁市場規模を推定する際に考慮しました。本レポートは、パルスジェット電磁弁の世界市場を定量的・定性的な分析により包括的に提示し、読者がビジネス/成長戦略を策定し、市場競争状況を把握し、現在の市場における自社のポジションを分析し、パルスジェット電磁弁に関するビジネス上の意思決定に役立てることを目的としています。

・パルスジェット電磁弁市場の概要
- 製品の定義
- パルスジェット電磁弁のタイプ別セグメント
- 世界のパルスジェット電磁弁市場成長率のタイプ別分析(ポートサイズ:1インチ、ポートサイズ:1.5インチ、ポートサイズ:2インチ、ポートサイズ:2.5インチ、ポートサイズ:3インチ、ポートサイズ:4インチ)
- パルスジェット電磁弁の用途別セグメント
- 世界のパルスジェット電磁弁市場成長率の用途別分析(産業、製造、その他)
- 世界市場の成長展望
- 世界のパルスジェット電磁弁生産量の推定と予測(2018年-2029年)
- 世界のパルスジェット電磁弁生産能力の推定と予測(2018年-2029年)
- パルスジェット電磁弁の平均価格の推定と予測(2018年-2029年)
- 前提条件と制限事項

・メーカー別競争状況
- メーカー別市場シェア
- 世界の主要メーカー、業界ランキング分析
- メーカー別平均価格
- パルスジェット電磁弁市場の競争状況およびトレンド

・パルスジェット電磁弁の地域別生産量
- パルスジェット電磁弁生産量の地域別推計と予測(2018年-2029年)
- 地域別パルスジェット電磁弁価格分析(2018年-2023年)
- 北米のパルスジェット電磁弁生産規模(2018年-2029年)
- ヨーロッパのパルスジェット電磁弁生産規模(2018年-2029年)
- 中国のパルスジェット電磁弁生産規模(2018年-2029年)
- 日本のパルスジェット電磁弁生産規模(2018年-2029年)
- 韓国のパルスジェット電磁弁生産規模(2018年-2029年)
- インドのパルスジェット電磁弁生産規模(2018年-2029年)

・パルスジェット電磁弁の地域別消費量
- パルスジェット電磁弁消費量の地域別推計と予測(2018年-2029年)
- 北米のパルスジェット電磁弁消費量(2018年-2029年)
- アメリカのパルスジェット電磁弁消費量(2018年-2029年)
- ヨーロッパのパルスジェット電磁弁消費量(2018年-2029年)
- アジア太平洋のパルスジェット電磁弁消費量(2018年-2029年)
- 中国のパルスジェット電磁弁消費量(2018年-2029年)
- 日本のパルスジェット電磁弁消費量(2018年-2029年)
- 韓国のパルスジェット電磁弁消費量(2018年-2029年)
- 東南アジアのパルスジェット電磁弁消費量(2018年-2029年)
- インドのパルスジェット電磁弁消費量(2018年-2029年)
- 中南米・中東・アフリカのパルスジェット電磁弁消費量(2018年-2029年)

・タイプ別セグメント:ポートサイズ:1インチ、ポートサイズ:1.5インチ、ポートサイズ:2インチ、ポートサイズ:2.5インチ、ポートサイズ:3インチ、ポートサイズ:4インチ
- 世界のパルスジェット電磁弁のタイプ別生産量(2018年-2023年)
- 世界のパルスジェット電磁弁のタイプ別生産量(2024年-2029年)
- 世界のパルスジェット電磁弁のタイプ別価格

・用途別セグメント:産業、製造、その他
- 世界のパルスジェット電磁弁の用途別生産量(2018年-2023年)
- 世界のパルスジェット電磁弁の用途別生産量(2024年-2029年)
- 世界のパルスジェット電磁弁の用途別価格

・主要企業のプロファイル:企業情報、製品ポートフォリオ、生産量、価格、動向
Envirofiltech、Mantra Filtration Products、Pentair plc、Zhejiang Shinefine Filtration Technology Co., Ltd、Uflow Automation、Rotex、VB VALVES &AUTOMATION、XHnotion Pneumatic、GSE Filter Pvt Ltd、Green Environment Technologies

・産業チェーンと販売チャネルの分析
- パルスジェット電磁弁産業チェーン分析
- パルスジェット電磁弁の主要原材料
- パルスジェット電磁弁の販売チャネル
- パルスジェット電磁弁のディストリビューター
- パルスジェット電磁弁の主要顧客

・パルスジェット電磁弁市場ダイナミクス
- パルスジェット電磁弁の業界動向
- パルスジェット電磁弁市場の成長ドライバ、課題、阻害要因

・調査成果および結論

・調査方法とデータソース

The global Pulse Jet Solenoid Valve market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Pulse Jet Solenoid Valve is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Pulse Jet Solenoid Valve is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Pulse Jet Solenoid Valve include Envirofiltech, Mantra Filtration Products, Pentair plc, Zhejiang Shinefine Filtration Technology Co., Ltd, Uflow Automation, Rotex, VB VALVES &AUTOMATION, XHnotion Pneumatic and GSE Filter Pvt Ltd, etc. In 2022, the world’s top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Pulse Jet Solenoid Valve, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pulse Jet Solenoid Valve.
The Pulse Jet Solenoid Valve market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Pulse Jet Solenoid Valve market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Pulse Jet Solenoid Valve manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Envirofiltech
Mantra Filtration Products
Pentair plc
Zhejiang Shinefine Filtration Technology Co., Ltd
Uflow Automation
Rotex
VB VALVES &AUTOMATION
XHnotion Pneumatic
GSE Filter Pvt Ltd
Green Environment Technologies
Segment by Type
Port Size: 1 Inch
Port Size: 1.5 Inches
Port Size: 2 Inches
Port Size: 2.5 Inches
Port Size: 3 Inches
Port Size: 4 Inches
Segment by Application
Industry
Manufacturing
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Pulse Jet Solenoid Valve manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Pulse Jet Solenoid Valve by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Pulse Jet Solenoid Valve in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

レポート目次

1 Pulse Jet Solenoid Valve Market Overview
1.1 Product Definition
1.2 Pulse Jet Solenoid Valve Segment by Type
1.2.1 Global Pulse Jet Solenoid Valve Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Port Size: 1 Inch
1.2.3 Port Size: 1.5 Inches
1.2.4 Port Size: 2 Inches
1.2.5 Port Size: 2.5 Inches
1.2.6 Port Size: 3 Inches
1.2.7 Port Size: 4 Inches
1.3 Pulse Jet Solenoid Valve Segment by Application
1.3.1 Global Pulse Jet Solenoid Valve Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Industry
1.3.3 Manufacturing
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Pulse Jet Solenoid Valve Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Pulse Jet Solenoid Valve Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Pulse Jet Solenoid Valve Production Estimates and Forecasts (2018-2029)
1.4.4 Global Pulse Jet Solenoid Valve Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Pulse Jet Solenoid Valve Production Market Share by Manufacturers (2018-2023)
2.2 Global Pulse Jet Solenoid Valve Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Pulse Jet Solenoid Valve, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Pulse Jet Solenoid Valve Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Pulse Jet Solenoid Valve Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Pulse Jet Solenoid Valve, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Pulse Jet Solenoid Valve, Product Offered and Application
2.8 Global Key Manufacturers of Pulse Jet Solenoid Valve, Date of Enter into This Industry
2.9 Pulse Jet Solenoid Valve Market Competitive Situation and Trends
2.9.1 Pulse Jet Solenoid Valve Market Concentration Rate
2.9.2 Global 5 and 10 Largest Pulse Jet Solenoid Valve Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Pulse Jet Solenoid Valve Production by Region
3.1 Global Pulse Jet Solenoid Valve Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Pulse Jet Solenoid Valve Production Value by Region (2018-2029)
3.2.1 Global Pulse Jet Solenoid Valve Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Pulse Jet Solenoid Valve by Region (2024-2029)
3.3 Global Pulse Jet Solenoid Valve Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Pulse Jet Solenoid Valve Production by Region (2018-2029)
3.4.1 Global Pulse Jet Solenoid Valve Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Pulse Jet Solenoid Valve by Region (2024-2029)
3.5 Global Pulse Jet Solenoid Valve Market Price Analysis by Region (2018-2023)
3.6 Global Pulse Jet Solenoid Valve Production and Value, Year-over-Year Growth
3.6.1 North America Pulse Jet Solenoid Valve Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Pulse Jet Solenoid Valve Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Pulse Jet Solenoid Valve Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Pulse Jet Solenoid Valve Production Value Estimates and Forecasts (2018-2029)
4 Pulse Jet Solenoid Valve Consumption by Region
4.1 Global Pulse Jet Solenoid Valve Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Pulse Jet Solenoid Valve Consumption by Region (2018-2029)
4.2.1 Global Pulse Jet Solenoid Valve Consumption by Region (2018-2023)
4.2.2 Global Pulse Jet Solenoid Valve Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Pulse Jet Solenoid Valve Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Pulse Jet Solenoid Valve Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Pulse Jet Solenoid Valve Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Pulse Jet Solenoid Valve Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Pulse Jet Solenoid Valve Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Pulse Jet Solenoid Valve Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Pulse Jet Solenoid Valve Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Pulse Jet Solenoid Valve Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Pulse Jet Solenoid Valve Production by Type (2018-2029)
5.1.1 Global Pulse Jet Solenoid Valve Production by Type (2018-2023)
5.1.2 Global Pulse Jet Solenoid Valve Production by Type (2024-2029)
5.1.3 Global Pulse Jet Solenoid Valve Production Market Share by Type (2018-2029)
5.2 Global Pulse Jet Solenoid Valve Production Value by Type (2018-2029)
5.2.1 Global Pulse Jet Solenoid Valve Production Value by Type (2018-2023)
5.2.2 Global Pulse Jet Solenoid Valve Production Value by Type (2024-2029)
5.2.3 Global Pulse Jet Solenoid Valve Production Value Market Share by Type (2018-2029)
5.3 Global Pulse Jet Solenoid Valve Price by Type (2018-2029)
6 Segment by Application
6.1 Global Pulse Jet Solenoid Valve Production by Application (2018-2029)
6.1.1 Global Pulse Jet Solenoid Valve Production by Application (2018-2023)
6.1.2 Global Pulse Jet Solenoid Valve Production by Application (2024-2029)
6.1.3 Global Pulse Jet Solenoid Valve Production Market Share by Application (2018-2029)
6.2 Global Pulse Jet Solenoid Valve Production Value by Application (2018-2029)
6.2.1 Global Pulse Jet Solenoid Valve Production Value by Application (2018-2023)
6.2.2 Global Pulse Jet Solenoid Valve Production Value by Application (2024-2029)
6.2.3 Global Pulse Jet Solenoid Valve Production Value Market Share by Application (2018-2029)
6.3 Global Pulse Jet Solenoid Valve Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Envirofiltech
7.1.1 Envirofiltech Pulse Jet Solenoid Valve Corporation Information
7.1.2 Envirofiltech Pulse Jet Solenoid Valve Product Portfolio
7.1.3 Envirofiltech Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Envirofiltech Main Business and Markets Served
7.1.5 Envirofiltech Recent Developments/Updates
7.2 Mantra Filtration Products
7.2.1 Mantra Filtration Products Pulse Jet Solenoid Valve Corporation Information
7.2.2 Mantra Filtration Products Pulse Jet Solenoid Valve Product Portfolio
7.2.3 Mantra Filtration Products Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Mantra Filtration Products Main Business and Markets Served
7.2.5 Mantra Filtration Products Recent Developments/Updates
7.3 Pentair plc
7.3.1 Pentair plc Pulse Jet Solenoid Valve Corporation Information
7.3.2 Pentair plc Pulse Jet Solenoid Valve Product Portfolio
7.3.3 Pentair plc Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Pentair plc Main Business and Markets Served
7.3.5 Pentair plc Recent Developments/Updates
7.4 Zhejiang Shinefine Filtration Technology Co., Ltd
7.4.1 Zhejiang Shinefine Filtration Technology Co., Ltd Pulse Jet Solenoid Valve Corporation Information
7.4.2 Zhejiang Shinefine Filtration Technology Co., Ltd Pulse Jet Solenoid Valve Product Portfolio
7.4.3 Zhejiang Shinefine Filtration Technology Co., Ltd Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Zhejiang Shinefine Filtration Technology Co., Ltd Main Business and Markets Served
7.4.5 Zhejiang Shinefine Filtration Technology Co., Ltd Recent Developments/Updates
7.5 Uflow Automation
7.5.1 Uflow Automation Pulse Jet Solenoid Valve Corporation Information
7.5.2 Uflow Automation Pulse Jet Solenoid Valve Product Portfolio
7.5.3 Uflow Automation Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Uflow Automation Main Business and Markets Served
7.5.5 Uflow Automation Recent Developments/Updates
7.6 Rotex
7.6.1 Rotex Pulse Jet Solenoid Valve Corporation Information
7.6.2 Rotex Pulse Jet Solenoid Valve Product Portfolio
7.6.3 Rotex Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Rotex Main Business and Markets Served
7.6.5 Rotex Recent Developments/Updates
7.7 VB VALVES &AUTOMATION
7.7.1 VB VALVES &AUTOMATION Pulse Jet Solenoid Valve Corporation Information
7.7.2 VB VALVES &AUTOMATION Pulse Jet Solenoid Valve Product Portfolio
7.7.3 VB VALVES &AUTOMATION Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.7.4 VB VALVES &AUTOMATION Main Business and Markets Served
7.7.5 VB VALVES &AUTOMATION Recent Developments/Updates
7.8 XHnotion Pneumatic
7.8.1 XHnotion Pneumatic Pulse Jet Solenoid Valve Corporation Information
7.8.2 XHnotion Pneumatic Pulse Jet Solenoid Valve Product Portfolio
7.8.3 XHnotion Pneumatic Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.8.4 XHnotion Pneumatic Main Business and Markets Served
7.7.5 XHnotion Pneumatic Recent Developments/Updates
7.9 GSE Filter Pvt Ltd
7.9.1 GSE Filter Pvt Ltd Pulse Jet Solenoid Valve Corporation Information
7.9.2 GSE Filter Pvt Ltd Pulse Jet Solenoid Valve Product Portfolio
7.9.3 GSE Filter Pvt Ltd Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.9.4 GSE Filter Pvt Ltd Main Business and Markets Served
7.9.5 GSE Filter Pvt Ltd Recent Developments/Updates
7.10 Green Environment Technologies
7.10.1 Green Environment Technologies Pulse Jet Solenoid Valve Corporation Information
7.10.2 Green Environment Technologies Pulse Jet Solenoid Valve Product Portfolio
7.10.3 Green Environment Technologies Pulse Jet Solenoid Valve Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Green Environment Technologies Main Business and Markets Served
7.10.5 Green Environment Technologies Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Pulse Jet Solenoid Valve Industry Chain Analysis
8.2 Pulse Jet Solenoid Valve Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Pulse Jet Solenoid Valve Production Mode & Process
8.4 Pulse Jet Solenoid Valve Sales and Marketing
8.4.1 Pulse Jet Solenoid Valve Sales Channels
8.4.2 Pulse Jet Solenoid Valve Distributors
8.5 Pulse Jet Solenoid Valve Customers
9 Pulse Jet Solenoid Valve Market Dynamics
9.1 Pulse Jet Solenoid Valve Industry Trends
9.2 Pulse Jet Solenoid Valve Market Drivers
9.3 Pulse Jet Solenoid Valve Market Challenges
9.4 Pulse Jet Solenoid Valve Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer