Wireless Security Camera Market 2021 Outlook, Current and Future Industry Landscape Analysis 2030

Market Overview

Wireless Security Camera: Market outlook

Wireless security camera are closed circuit television (CCTV) cameras designed to protect commercial and residential area from any attack. The importance of wireless security camera is tremendously increasing day by day due to rising crime.

Thus to monitor commercial & residential property and to cease unauthorized crime there is an increasing demand for wireless security camera.

In addition, wireless security camera are majorly use to carry out the transmission of audio/video surveillance, fire access system or firewall, access control protocols, building management system/operator by using a radio band on the real time basis to the wireless receiver.

The popularity of wireless cameras are increasing in verticals industry, as many companies are installing wireless security camera for maintaining the video/audio records for their offices and production unit for safety purposes.

In addition, integrated wireless security camera with the use of mobile application data is trending as data can be recorded or transferred in mobile phone or any other data communication devices.

Furthermore, the use of camera is increasing the popularity of wireless security camera in human monitoring applications such as in old age home, schools, hospitals and child day care centre.

With such increasing applications manufacturers of wireless camera are more focusing on innovation with more advance feature in wireless security camera. The applications of the wireless security camera is increasing specially for indoor surveillance and to locate family members such as grandparents, kids in safety perimeter.

Installation of wireless security camera is sustainable solution than wire camera

The installation of wireless camera is easy compared to wire camera. Wireless camera has more flexibility available in the required premises than wire camera.

The cost of hardware material required for wired camera while installing is more than wireless camera, thus the total expenditure required for wireless camera is far less compared to wired camera.

The wireless security camera has many advantage over wire camera, as it has higher digital image quality, video access that can be searched immediately by time, date or event.

In addition, it also has advance feature such as motion-detection, HD resolution, infrared night vision, motion detector, and ability to view study sites remotely by Internet connection, among others.

Wireless security cameras mounted or integrated with Digital Video Recorder (DVR), can improved versatility and reduced complexity during installation.

Developing countries are main attraction for security market

Rising demand for smart infrastructure technologies with modernization & digitization, smart city plan, various program on employee safety and others factors such as community safety in the developing countries are some of the key factor that is boosting the demand for wireless security camera.

The application of wireless camera for outdoor system for property monitoring and surveillance in public as well as private sector is also increasing the demand for wireless camera.

Security issues in developing countries are the major factor that is driving the growth of wireless security camera or home security camera.

Increasing enormous investments in innovations of wireless security camera such as in the field of artificial intelligence area and ongoing research activities globally has attracted many manufacturer and companies of developing countries for adopting new latest technologies for security.

Expansion of stores and offices in developing countries is also a leading factor boosting the demand for wireless security camera.

Wireless CCTV cameras system communicate to security services for quick interventions and it has emerged in area of research and in the artificial intelligent domain. Decreasing cost for internet infrastructure has also boosting the demand wireless security camera.

Global wireless security camera: Key Players

Some of the key players operating their business in the global wireless security camera market are

  • FLIR Lorex
  •  Inc.
  •  LLC
  • Teklink Security Inc.
  • Revo
  • CCTV Cameras Pros
  • AtomsLabs
  •  Night Owl Security Products
  • Q-SEE
  • Crystal Vision Ltd.

Increasing opportunities for wireless security camera as manufacturers are more focusing on solar power integration

Wireless security camera has more advantage than security camera, as security camera are more dependent on co axial cables which increases the cost and the installation is time consuming. This factors drives the wireless security camera market.

Solar panel integration with wireless security camera are one of latest technology trend that is building the strong market for wireless security camera. Manufacturer are more focusing on powering camera with solar energy and connecting them with wireless system.

Thus companies like Micro Power Technologies have developed Helios camera system camera that is primarily used for perimeter security, which can operate continuously for 5 days and be recharged upward 3,000 times.

The wireless security camera market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.

The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the wireless security camera market, including but not limited to: regional markets, grade, and application.

The study is a source of reliable data on:

  • Wireless security camera market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Middle East and Africa

The wireless security camera market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).

The report also features a complete qualitative and quantitative assessment by analysing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the wireless security camera market report projects the attractiveness of each major segment over the forecast period.

Highlights of the wireless security camera market report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of wireless security camera market
  • Recommendations to companies for strengthening their foothold in the wireless security camera market

Global Wireless Security Camera: Market Segmentation

By Basis of Camera Technology:

  • Analog/Direct
  • Digital
  • IP/Network

By Basis of Camera Type:

  • Dome Camera
  • Bullet Camera
  • Cube Camera
  • PTZ IP camera

By Basis of Industry Verticals:

  • BFSI
  • Manufacturing
  • Education
  • Hospital & Healthcare
  • Defence and Aerospace
  • Real Estate
  • Transportation
  • Safe City
  • Household
  • Others

By Basis of Applications:

  • Car Dash Cameras
  • Security
  • Communication
  • Drone-mounted camera
  • Mobile phones
  • Hidden cameras
  • Home surveillance
  • Baby and adult monitoring
  • Other

Display Cabinets Market 2021 Outlook, Current and Future Industry Landscape Analysis 2030

Market OverviewGlobal Display Cabinets Market Outlook

In previous decades, retailers are focused on increase their spending on showroom infrastructure for better representation of products. This trend has significantly boosted the adoption of display cabinets in commercial stores across the world.

Moreover, display cabinets have high penetration in both residential and commercial sectors. The display cabinets market is expected to register growth in the coming years due to increasing applications in the commercial sectors.

There is a availability of display cabinets under the name of display cases in various countries and retail stores. Display cabinets are used in sectors like the bakery industry, restaurants, hypermarkets and supermarkets, and many other retail stores. However, the rising demand for refrigerated display cabinets is further expected to fuel market growth.

Apart from this, the extensive use of display cabinets in museums and exhibitions are further expected to facilitate growth. The growing rented cabinet display business is also expected to positively impact market growth in the coming years.

The players in the market are currently providing personalized solutions in terms of size designs and styles that best match the requirements of end-users.

Global Display Cabinets Market: Market Dynamics

Drivers for Display Cabinets Market

The demand for display cabinets from the retail businesses and foodservice centers are expected to drive the market growth. The increasing demand for grab-N-Go display cabinets with a rising number of self-service food chains are expected to fuel market growth.

The visual merchandising strategy, opted by the retail businesses, to encourage purchases has played a significant role in facilitating the market growth. This is one of the factors that will continue to fuel display cabinets market growth in the coming years.

Trends for Display Cabinets Market

A key trend adopted by the key players in the display cabinets market includes offering personalized solutions to the customers on the basis of end-use. The players are providing personalized cabinet displays in terms of styles, design, a size that can best match the end-use requirements and décor.

The personalization is also done in terms of technology like temperature and humidity control features and hydraulic designs and many others. Offering such personalized solutions is helping companies gain a competitive advantage in the market.

Opportunities for Display Cabinets Market

The development of eco-friendly cabinets will open up new opportunities for the payers in the market due to the transformational shift in consumer preferences towards sustainability.

The eco-friendly concept is also prominent in foodservice industries which have prompted high demand for eco-friendly display cabinets in the market. Considering such aspects while product development will help open up new opportunities for the players in the market.

Challenges for Display Cabinets Market

The recent pandemic outbreak has caused an economic downswing. The outbreak of novel coronavirus has impacted the regular operations in the market. The decline in market demand and production has impacted investments, consumption, and exports.

This economic decline has impacted the financial position of many hard-hit sectors few of which include food-service sectors and other retail industries. To overcome this, the foodservice and retail sectors have reduced their discretionary spending directly impacting the temporary sales of display cabinets in the market which is the current big challenge faced by the display cabinet players.

Global Display Cabinets Market: Key Players

Some of the key players operating in the global display cabinets market are

  • Ikea Group Corporation
  • Welbit inc
  • Turbo Air Inc
  • Vollrath Company LLC
  • AHT GmbH
  • True Manufacturing Company
  • Illinois Tool Works
  • Standex International Corporation
  • Aichinger GmbH
  • Omcan Inc
  • Hubert Company
  • Dover Corporation

These players are expected to positively influence growth of the display cabinets market during the forecast period. Growing online penetration has also facilitated display cabinets market growth during the forecast period.

Display Cabinets Market: Regional Outlook

High penetration of foodservice industries and retail sector has facilitated market growth in North America and Europe in the past years.

Other regions like Asia-Pacific, and Oceania are also expected to register growth in the coming years. This is attributable to the fact of high adoption of visual display marketing tactics in the physical retail stores in these regions. Other regions like Latin America and Oceania are expected to register stable growth due to high penetration of foodservice industry where display cabinets are most preferred.

Display Cabinets Market: Market Segmentation


  • Refrigerated Display Cabinets
  • Non-Refrigerated Display Cabinets


  • Wood
  • Glass
  • Metal
  • Steel
  • Others


  • Household
  • Bakery
  • Supermarkets/Hypermarkets
  • Bars, restaurants, and cafes
  • Others

price range

  • Mass
  • Premium


  • Small
  • Large

sales channel?

  • Direct Sales
  • Online Retail Sales
  • Specialty Stores
  • Multi-Brand Stores
  • Wholesalers and Distributors
  • Other Sales Channels

Electric Motor Market 2021: Revenues Projected, Trends, Key Companies & Growth

Global sales of electric motors are set to be valued at over US$ 104 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at over 5.1% CAGR from 2021 to 2031.

According to Future Market Insights (FMI), increasing automation and robotics in industrial production sector have fuelled the demand for electric motors. The market also is gaining from rapid technological advancement and advent of industrial 4.0.

The electric motors market however registered moderate decline in its sales volume in FY2020 due to the unforeseen COVID-19 pandemic. Demand from major end-use industries like automotive, oil & gas, and other waned. Contrary to this, sections of medical sector were not affected due to increase in demand amid the adoption of COVID-19 precautionary measures.

Demand for alternating current (AC) electric motors has been steadily increasing. This can be attributed to operating advantage linked with it, its prime advantage is its speed torque characteristics which has raised the application for electric motors in various end uses, owing to which the AC electric motors has secured a prominent share in the global Electric motors market.

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The growing requirement for pumping application from agriculture, water treatment plants, oil & gas sector and other industries is expected to drive the electric motors market in the forecast period.

Increasing number of players are focusing on research and development related to electric motors, which is anticipated to contribute towards market growth in the years to come.

Key Takeaways from Electric Motors Market Study

  • <1HP. Power output electric motors are projected to hold over 80% volume share of the global market in 2021, owing to robust demand for various applications.
  • The AC Electric motors are set to hold over 71.6% of the market share on value basis by the end of forecast period.
  • East Asia will remain a primary market, backed by rising demand from the automotive & residential sector. It is expected to account for over 22.7% of the demand registered in globally in 2021.
  • Electric motors for robotics application set to surge at CAGR of approximately 5.9% over the coming decade.
  • The U.K. is emerging as a key market in Europe, with a valuation of over US$ 5.4 Bn in 2021, and anticipated to grow with 5.4% CAGR in the forecast period.

The electric Motors market is anticipated to grow at a strong pace driven largely by increasing demand for innovative and energy-efficient products across industries. Raising automation and digitalization in various end-use sectors are key factors fuelling the demand for electric motors. Industry participants are investing in expansions, strategic alliances, and cost effective solutions to gain a competitive advantage,” says a Future Market Insights analyst.

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Who is winning?

The electric motors market is highly competitive with more than 1,000+ players consisting of tier-1, tier-2 and local based vendors across the region, key players accounting for around 20-30% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to General Electric, Robert Bosch GmbH, Hitachi, Ltd., Nidec Corporation, WEG S.A., Siemens AG, ABB Group, Regal Beloit Corporation, Toshiba Corporation, Johnson Electric, Hyosung Corporation, Schneider Electric SE, Bonfiglioli Riduttori S.p.A., Kirloskar Electric Company Ltd., Allied Motion Technologies Inc., East West Manufacturing, LLC, Hyundai Electric Co. Ltd.

Large Industrial Displays Market Outlook 2020 Sales Revenue, Strategy to 2031

Future Market Insights (FMI), in its latest study, outlines the growth trail of large industrial displays market for the forecast period 2021-2031. According to the report, large industrial displays sales reached will surpass a valuation of US$ 2.65 Bn in 2021. By 2031, overall volume sold is expected to stand at ~110,000 units. As large industrial displays defy the concepts of ‘one-size-fits-all’, manufacturers are hard pressed to offer highly customised and personalized products.

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Surging demand for tracking the manufacturing process and reducing the supervisor workforce has been spectated in a multitude of industries. However, emerging technologies such as screen-less displays and projectors are likely to represent a threat to the steady growth of the large industrial displays market.

Screen-less certainly stands as the strongest threat to large industrial displays. Technological innovations are flooding the screen-less display mechanism, and FMI analyses that its portability, energy & space efficiency, and convenience will be instrumental in creating a solid market value”.

OLED Over LED – The Shift Is Underway

Future Market Insights’ study finds that the large industrial displays market is likely to grow at a CAGR of approximately 6% through 2031. One of the key growth drivers is the loosening of budget strings of manufacturers for the development of organic light emitting diode (OLED) displays, which matches consumers’ demand for lighter, thinner, and flexible displays.

As innovation spawns in the landscape, curved OLED and transparent displays surface are likely to penetrate even cost-sensitive markets. However, during the course of the forecast period, LED-based large industrial display sales will continue to account for a major share of manufacturers’ bottom-lines.

Opportunities galore for large industrial displays as identified by FMI’s report with the emerging applications of flexible displays at commercial spaces, sports events, and governmental institutions for facilitating effective communication in ‘high resolution’.

As ‘interactivity’ remains at the forefront to attract the attention of target audience, digital signage technology has been increasingly incorporated for the display of crucial information in public spaces, corporate buildings, transportation systems, retail stores, and restaurants.

Key Players’ ‘Just-In-Time Manufacturing’ Approach To Drive Sales Opportunities

Growth prospects for the large industrial displays, as the report opines, are high in the US. In addition, the integration of large industrial displays to ensure accuracy and efficiency in the electronic and automotive industry is likely to incite manufacturers to intensify the production capability.

High concentration of key players in the US and their adoption of ‘just in time’ manufacturing approach – aimed at deploying custom-developed large industrial display in a shorter timeframe – is emerging as a strategic move.

The study identifies restraints that could possibly hamper the lucrative stride of the large industrial displays market. The high price tag attached to the OLED and LED displays is likely to cause reluctance among mid and small-sized industries for their adoption. Besides high acquisition cost, the study finds that large industrial displays also demand frequent maintenance cost for the detection of virus and malfunctions.

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As design innovation sparks in, screen-less displays and projectors emerge as space-saving alternatives to large industrial displays. Projectors have a lower operational energy requisite as compared to large industrial displays, which further is likely to impede their adoption rate.

The business asset further offers an incisive outlook of the competitive landscape by discussing the key strategies of the market players. As per the study, there are a handful of key players and a large number of regional players, which leaves a wide window of opportunity for the new entrants. Manufacturers and suppliers of the large industrial displays emphasize on building a loyal clientele base since a majority of long-term contracts are likely to form from this segment.

In store signage Market Application, Innovations, Geography and Global Forecast 2028

Future Market Insights upcoming report on global In store signage market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the In store signage market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of In store signage market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the In store signage market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the In store signage market has picked up the pace.

The FMI’s recent report talks about the market scenario in the chapter on the Covid-19 impact analysis to aid the market players for the upcoming years. The report gives a detailed market analysis surrounding the market condition and its impact on the In store signage market.

Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global In store signage market in upcoming years?
  2. What are the factors that will influence the In store signage market demand?
  3. Which region will be the most lucrative for In store signage market throughout the forecast period?
  4. How will evolving regulatory policies impact the market growth?
  5. What is the impact of Covid-19 on the In store signage market?

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In store signage Market: Segmentation

By Region

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

Detailed analysis on the geographical region and country wise insights are offered in the latest In store signage market report with established market players as well as incumbents in the region.

On the basis of material used, the global in-store signage market has been segmented as:

  • Plastic
  • Metal
  • Wood

On the basis of product type, the global in-store signage market has been segmented as:

  • Headers & merchandisers
  • Product displays
  • Floor standing displays
  • Directional & departmental signage

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

  • Doyle Signs, Inc.
  • Walton Signage
  • North American Signs
  • Jones Sign Company

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important market study including the historical revenue prospects, pricing strategy, and marketing strategy adopted by these players in the In store signage market

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Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the In store signage market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

Digital Printing Packaging Market Growth Probability, Leading Vendors and Future Scenario up to 2031

Future Market Insights delivers vital insights on the digital printing packaging market, in its published report, which includes global industry analysis during the forecast period 2021-2031

In terms of revenue, the global digital printing packaging market is projected to expand at a CAGR of ~6.5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report.

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Quicker Turnaround Compelling Adoption

Digital printing packaging is a type of printing technology, which predominantly prints packaging materials by using electronic control laser and ink jet printers.

Digital printing packaging also reduces turnaround time as it requires minimal press setup. Furthermore, digital printing packaging provides quicker response time for printing as compared to the conventional printing technique.

Application of digital printing technology for short print runs with customized marketing communication in packaging, offers benefits to print service providers and packaging converters in the form of controlled inventory levels. This makes digital printing packaging desirable for high-quality graphic packaging applications.

The global digital printing packaging market has been segmented on the basis of print technology type, product type, and end use.

The global digital printing packaging market is anticipated to expand 2x in terms of volume by the end of 2031.

Europe Being Touted As A Highly Profitable Market

North America holds more than 1/4th share of the global digital printing packaging market, and is estimated to uphold its eminence in the global market.

China is also one of the leading manufacturers of digital printing packaging solutions and accounts for more than 10% of the global market.

In the South Asia region, India has emerged as one of the key markets for digital printing packaging. Owing to the presence of several unorganized players, the Asian digital printing packaging market has developed as a competitive market and is anticipated to expand at a considerable rate during the forecast period.

Though a matured market, Europe represents a substantial incremental opportunity for the digital printing packaging market. This can be attributed to the upsurge in demand for aesthetic printing solutions in the region.

Label and tape manufacturers usually prefer short printing runs to digitally print packaging solutions.

Furthermore, digitally printed folding cartons are widely used in several end-use industries such as food, beverages, personal care & cosmetics, etc., which is driving the growth of the digital printing packaging market.

In Europe, the UK is expected to witness high growth in the digital printing packaging market, while Germany is anticipated to be prominent, in terms of market value share and incremental opportunity both, in the European market.

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The digital printing packaging market is expected to benefit the most from the demand produced by label and tape applications.

In 2019, the U.S. is expected to be prominent in the North American digital printing packaging market with more than 90% value share.

Moreover, Canada is anticipated to witness growth of more than 5% in the North American digital printing packaging market during the forecast period 2021-2031.

Key market players that have been profiled in the report on the digital printing packaging market include HP Inc., Landa Corporation Ltd, Xeikon N.V., Mondi Group, Eastman Kodak Company, Quad/Graphics, Inc., Reynders Label Printing, Tailored Label Packagings, Inc., DS Smith Plc, Creative Labels Inc., Traco Manufacturing, Inc., Thimm Group, Elanders, Ws Packaging Group, Inc., and Colordruck Baiersbron, among others.

Several unorganized and regional market players are anticipated to contribute to the global digital printing packaging market during 2021-2031.

Conveyor System Market Worldwide Prospects, Share, Crucial Players, Size & Forecast 2021 – 2031

The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecast the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in material handling solutions.

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Conveyor systems demand s significantly increasing from the mining industry. Mining requires transportation and handling of large volume of heavy goods and debris. Low cost of conveyor system and minimum maintenance make them ideal choice for long distance transportation.

Rising per capita income and rapid economic growth in developing countries like India and Brazil are driving the manufacturing industry. This coupled with automation in fast-moving consumer goods (FMCG), baggage handling, and manufacturing industries will positively influence the market growth over the forecast period.

Industries are looking towards optimizing their manufacturing process to improve efficiency and production rate. This has encouraged advancements in conveyor system development and integration of automation in material handling system.

Automated conveyor systems eliminate human error, improve safety and boost the production volume with high repeatability. Owing to such benefits, companies are adopting modern conveyor system for material handling processes.

Surge in online retailing activities along with increasing demand for high quality goods will drive the adoption of conveyor and sortation systems in the retail industry. Companies are installing conveyor system to optimize warehouse spacing, sorting and cross-docking products, and automating their distribution process. Increase in online shopping in India, China, Brazil, and Chile will positively influence the market growth in upcoming years.

Key Takeaways from FMI’s Conveyor system Market Study

  • North America conveyor system market is forecast to expand at 3.5% CAGR due to rapid growth in online retail sector.
  • Growing adoption of automation in automotive and manufacturing industry, surging mining and construction activities along with growing e-commerce industry in the U.K. and Germany are the key factors driving the market in Europe.
  • Population surge, increase in demand for processed food, and presence of e-commerce giants like Alibaba group will drive the demand for conveyor systems in FMCG and packaging industries in China.
  • India is expected to offer lucrative opportunities as home to one of the leading the retail sectors after U.S. and China. Steady consumer demand and rising investment towards expansion of retail infrastructure will boost the demand for advanced material handling systems, such as conveyor systems.

 “Increasing penetration of automation in material handling and distribution system and increase in number of supermarkets and distribution centers will boost the demand for conveyor system in upcoming years,” says the FMI analyst.

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Who is Winning?

Future Market Insights discusses the key trends shaping conveyor system market and highlights the strategies adopted by leading market players in the study.

Top players, including Daifuku Co., ltd., Schaefer Systems International, Inc., Interroll Holding AG, BEUMER GROUP, and Dematic Company accounted for 23.5% of the market in 2020. Some of the leading companies are investing in research and development activities to drive product launches.

For instance, SideDrive Conveyor Co. launched configurable side drive conveyor system in January 2021 for modular sanitary applications.

In response to pandemic, Multi-Conveyor collaborated with East Coast representatives to develop a hand-pack conveyor system to effectively follow social distancing in work place and launched “Barrier Spaced Conveyor” in July 2020.

Dürr Group introduced automated guided vehicle designed for paint shops as a part of its intelligent production initiative in May 2019.

Prominent players operating in the conveyor system market are:-

  • Daifuku
  • Interroll Holding AG
  • Murata Machinery
  • Schaefer Systems International
  • Dürr Group

Industrial Valves Market 2021 Revenue, Opportunity, Forecast and Value Chain 2029

Up from the revenues worth US$ 61 Bn registered in 2018, the global market for industrial valves is projected to witness modest growth by the end of 2019. A new market research report by Future Market Insights (FMI) suggests that the increasing exploration activities for new water sources will predominantly favor the growth of market over the course of coming years.

The steady expansion of chemical industry and revival of oil & gas industry are also likely to play a crucial role in pushing sales of industrial valves at a global level. Furthermore, FMI’s report indicates that abundant opportunities exist in chemical, and water & wastewater industries.

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industrial valves market pr image

With the onset of Industry 4.0 and the reciprocating shift of industries towards automation, the industrial valves landscape is compelled to move beyond its traditional, old-school valve engineering models. Although manually operated valves still account for almost 2/3rd of total sales, FMI foresees a rapidly progressing market scenario for automated valves in the next few years. 

By type, the gate type of industrial valves segment is expected to hold prominent value shares of the global industrial valves market. Furthermore, the globe valve segment is expected to be the prominent segment throughout the forecast period. Gate valves, closely trailed by globe and ball valves, are identified to remain the sought-after industrial valve types throughout the forecast period. A number of manufacturers are however focusing on investments in globe industrial valves. FMI’s research also highlights visibly growing market attractiveness of butterfly valves across industries.

The analysis of industrial valves market on the basis of materials reveals that cast steel, carbon steel, and stainless steel remain the preferred materials among manufacturers of industrial valves, which collectively account for ~85% shares in the revenues. Bronze is likely to emerge lucrative as a material of choice, over the years to come, as indicated by report findings.

Market in APEJ Projected for Remunerative Growth

The market in Asia Pacific excluding Japan (APEJ) is expected to exhibit lucrative growth potential in the global industrial valves market over the forecast period of 2019-2029. According to the report, this growth is propelled by the rapid growth in the oil & gas industry in countries of APEJ such as India and China, and ASEAN Countries, among others. The economic condition of these countries have been positively developing.

Furthermore, owing to the effects of macroeconomic factors such as growing population, urbanization, and rapid industrialization, the confidence of investors and investments in housing and other residential projects across APEJ has increased drastically. Consequently, the region’s chemical has considerable momentum over the past few years. This overall scenario is translating into modest growth in the demand for valves across the multiple industries, eventually pushing the market growth potential of APEJ.

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Industrial Valves Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global industrial valves market such as GE Company, Emerson, Flowserve Corporation, Schlumberger Limited, TechnipFMC Plc, KSB SE & Co. KGaA, x KITZ Corporation, Alfa Laval Corporate AB, Curtiss-Wright Corp., CIRCOR International, Inc., IMI Plc, Mercer Valve Co., Inc., National, Oilwell Varco, Inc., Weir Group Plc., Neway Valves, AVK International A/S, Flowserve Corporation, and LESER GmbH & Co. KG, among others.

The global industrial valves market is significantly consolidated with some players holding prominent shares of the market. These players are offering industrial valves under their popular brands such as Cameron, and World Valves, among others.

Commercial Refrigeration Equipment Market Scenario Highlighting Major Drivers & Trends 2019-2029

Witnessing an uptick of 3.4% over 2018, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 46 Bn by 2019 end. As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2019 – 2029. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

Sustainable and energy-efficient refrigeration systems are set to become a norm across the end-use industries, which should compel manufacturers to increase their investments in R&D and product innovations. Leveraging energy-efficient technologies to offer low global warming potential (GWP) products with rich functionalities will be the ticket to capturing significant market share in the long run.

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  • Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment.
  • North America and Europe would collectively account for over half of the market value share by 2029 end.
  • The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players.
  • The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely impact the market growth.
  • The higher average unit cost of freezers & refrigerators allude lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2018.
  • Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators.
  • Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2019, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

Manufacturers who are keeping the innovation quotient high and providing turn-key solutions to meet regulatory requirements, with safety to end users at the core, will be rewarded in the long run.

commercial refrigeration equipment market share by region 2019

Chinese Players Striving to Win Home Market​

In developed markets, rapid acceptance of alternative refrigerants to benefit from regulatory standards along with expansion of F&B processing industries continue to contribute to the development of the commercial refrigeration equipment market. The growth of Asia Pacific’s commercial refrigeration equipment market was influenced by a shift of Asian eating habits towards western-style convenience food. With the ability to manufacture their own compressors, Chinese companies are gaining competitive edge to reign supreme in their home market with indigenous brands.

Competition Trends

In 2018, the top four stakeholders including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation collectively accounted for 20-25% revenue share. The emergence of a large number of small players in developing countries has resulted into price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

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Learn More About What the Report Covers

This FMI report is an extensive analysis of the global commercial refrigeration equipment market that offers actionable insights on how the market growth will unfold over the forecast period, 2019 – 2029. The market for commercial refrigeration equipment has been categorized into various segments, for analysis, on the basis of the type of refrigeration equipment, application area, and region. The study provides valued information on key competition trends and most preferred developmental strategies of leading market brands.

Coated Fabrics Market Latest Technology and Market Trends & Forecast 2021 – 2031

The global coated fabrics market is set to be valued at US$ 19,976.7 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights, an ESOMAR-certified research and consulting firm. The report forecasts the global coated fabrics market to grow at nearly 5.1% CAGR during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on Coated Fabrics growth will evolve in the next decade.

Demand for coated fabrics waned in 2020, and due to the economic impact of the unprecedented COVID-19 crisis. However, the manufacturing industry is currently in recovery mode. Considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. Rising application in the transportation segment will continue supporting growth. According to FMI, above 34% of sales in terms of application will concentrate in this sector.

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Key Takeaways

  • China, Japan, South Korea and ASEAN countries are witnessing high demand for coated fabric
  • China being the largest market in the world, is also expected to hold highest share in the coated fabrics due to presence of strong local base and extensive production facilities and availability of raw materials
  • The U.S. emerges as a leading market, accounting for over 84% sales in North America.
  • Increasing automotive sales will support growth in the U.K., enabling it to exhibit 5.6% y-o-y growth in 2021
  • Germany and France too will record high growth, driven by increasing focus on workplace safety

“Upsurge in demand for protection clothing and safety measures in the transportation in recent years is expected to provide an impetus to coated fabrics sales. Safety and high demand for various purposes of coated fabrics is expected to create substantial growth prospects. Leading players are enhancing their territories. However, contract acquisitions, collaborations and partnerships are some of the key strategies which will drive market players to strengthen their market presence and to gain market share” says FMI analyst.

The COVID-19 pandemic is currently impacting the global economy at various levels and the impact is seen on coated fabrics market as well.  The market growth is projected to be affected by the COVID-19 pandemic crisis and it is expected to witness a significant drop in demand in 2021. With a number of end-use industries affected in several countries, the growth has also been impacted due to challenges in manufacturing sector. The shortage in demand are expected to result in a significant drop in Y-O-Y growth yet FMI expects Coated Fabrics to grow at 5.1% CAGR through 2031.

Competitive Landscape

The market is moderately consolidated, with key players accounting for significant market share. Some of the key players in the market are Saint Gobain S.A, Bayer AG, PPG Industries, 3M Company, among others. These players are likely to invest in new technologies, especially customized variants, to maintain their market share.

Coated fabrics market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop specific purpose that meet personalized requirements of end users. Collaboration with regional manufacturers is framed as a prime strategy expected magnify in the forecast.

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Valuable Insights into Coated Fabrics Market

Future Market Insights, in its new report, offers an unbiased analysis of the global coated fabrics market, analyzing historical demand from 2016-2020 and forecast statistics for 2021-2031. The study reveals growth projections on the market on the basis of material type (rubber coated and polymer coated) and application (commercial tents, furniture, industrial, protective clothing, and transportation) across seven regions.