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In terms of operating power, electric fire pumps market will gain the higher ground in comparison to other pumps such diesel pumps. A key differentiator between electric and diesel pumps is the cost factor, with the former proving comparatively more inexpensive than the latter.

The International Association of Fire and Rescue Services calculated that there were more than 1.3 million reported fire cases in the United States and almost 3 million cases in France.

Governments are enforcing strict fire safety regulations in factories and mandating the installation of adequate fire escape and firefighting equipment in all industrial facilities. To this end, countries such as the United States are appropriating their budgets to install fire pumps across industrial and household sectors respectively.

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As manufacturing industries expand, fire hazards at industrial sites have heightened in equal proportion. The risks of fire outbreaks are especially high across chemical manufacturing, petroleum extraction and oil & gas industries.

Furthermore, fire hazards resulted in direct economic losses amounting to US$ 23 billion as of 2016. On the back of these trends, the demand for fire pumps across these sectors is anticipated to be the maximum in the next half-a-decade’s forecast period.

Electric Fire Pumps to Tower over Others due to Cost & Operational Benefits

While electrical pumps require dedicated servicing and may have high electrical costs, diesel pumps require constant inspection of its batteries, oil intake, cooling system, engine and hose maintenance, in addition to a weekly run test.

This puts electric pumps at a higher pedestal, leading to heightened demand across the upcoming forecast period. Recently, however, usage of dual fire pumps has experienced an upward thrust. While electric pumps do result in major cost savings, several difficulties may arise while using it. The most important barrier to using electric pumps is the constant electricity supply it requires.

In case of power failure, electric pumps cannot be used. In this scenario, a combination pump which runs on both electricity and diesel is highly desirable. Whenever there is a power outage, users can simply switch over to the diesel mode, rendering it in working condition should an emergency arise.

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Oil & Gas Spearheads Global Fire Pumps Market due to Increased Fire Hazard Vulnerabilities

When it comes to fire hazards, there is probably no industry which is as vulnerable as the oil & gas industry. While undertaking exploration and drilling activities, workers are constantly at the risk of severe injuries from fires induced by explosions due to ignition of flammable vapors or gases.

Volatile gases such as hydrogen sulfide are released from trucks, wells, production and surface equipment.When in close proximity to ignition sources such as cigarettes, lightning, static electricity, matchsticks, lighters, frictional heat and cutting and welding tools, these can easily vaporize and catch fire.

To prevent such hazards, oil and gas companies have made fire safety a top priority, thereby augmenting spending on the installation of fire pumps at various exploration facilities.

Regional Insights

Amongst all the regions profiled in this report, the North American fire pumps market is expected to remain the hegemon throughout the forecast period. Growth is majorly attributed to a rise in fire accidents across the industrial and residential sectors.

According to the National Fire Protection Association, in 2018, the U.S fire departments responded to approximately 1.3 billion fire incidents, which resulted in over 3,500 civilian fatalities and over 15,000 injuries. A loss of US$ 25.6 billion in property was recorded, most of them arising from the Californian wildfires. This has prompted government agencies to augur their spending on fire safety measures.

Significant growth opportunities exist in the Asia-Pacific region, with South Asia recording the highest number of industrial and residential fire hazards. Most of these incidents occur in India and Bangladesh.

This is largely ascribed to hazardous working conditions in factories, with no fire safety mechanisms in place. Most factories are not even equipped with basic fire extinguishers or exits, often causing immense fatalities on an annual basis. In September 2016, a massive fire at Tampaco Foils, a food and cigarette packaging factory, situated north of Dhaka, killed at least 34 people while injuring dozens. There have been worse incidents than this tragedy.

Fortunately, the government has been taking major steps to improve working conditions and ensure safety of its workers, thus increasing spending on fire pumps.

The COVID-19 pandemic has adversely affected the industrial automation & equipment industry, which also incorporates the fire pumps market within its ambit. Several fire pump manufacturers have recorded a slump in their sales and production due to ceasing business activities induced by mandatory social distancing protocols. Employees are being encouraged to remain indoors, leading to limited production on-site.

Logistical impediments are rendering it difficult for factory workers to travel to their workplace, inducing further downturns in the market.Governments have realized the importance of firefighting and have been taking measures to ensure that the market functions without hindrances. After all, firefighting is categorized as an essential service, putting it on an equal pedestal as healthcare & pharmaceuticals, food & agriculture, information & communications technology and power generation.

All firefighting personnel are being provided with personal protective equipment and being asked to maintain strict social distancing on-premises, keeping the industry afloat. Hence, the fire pumps market sales will rebound in the long-term forecast.

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Competitive Landscape

Some prominent market players in the fire pump market include Xylem Inc., Grundfos Pumps Corporation, Pentair Ltd, CET Fire Pumps Mfg Inc, Eaton, Waterous, NAFFCO, Armstrong Fluid Technology and Canariis Corporation. Acquisition of certifications, product launches and research and development are the key expansion strategies resorted to by the vendors.

For instance, CET Fire Pumps Mfg Ltd., manufactures the PFP-9HPNHND-EM High-Volume Portable Fire Pump, the PFP-9HPHND-M and PFP-9HP-DSL pumps. Likewise, Waterous manufactures the PB18 and E500 portable fire pumps.

Global Fire Pump Market Segmentation:

By Power for Operating 

• electric fire pumps
• diesel fire pumps
• steam turbine
• dual fire pumps

By Product Type

• horizontal split case
• vertical split case
• vertical in line
• vertical turbine
• end suction

By Application

• irrigation
• sludge handling
• wastewater
• boiler feed
• stormwater handling
• others

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The global animal nutrition chemicals market size is expected to reach US$ 20.14 Bn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at 5.7% CAGR between 2019 and 2029. According to the report, the rising demand for animal protein product will stoke growth in the market.

The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.

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The increasing demand for livestock products across the globe is driving the market. Also, it is expected to gain from the increasing incidence of diseases in animals. However, the use of in feed enzymes and stringent regulations on products such as these are limiting the growth of this market.

Animal nutrition chemicals are supplements given to animals to correct deficiencies in feed .In addition to this, animal nutrition chemicals improve animal immunity, pregnancy outcome, fertility, new born survival and growth, meat quality, and feed efficiency. The increasing demand for pets and their health insurance will create growth opportunities for this market.

Increasing Use of Milk, Meat and Related Animal Products Worldwide will Boost Growth

Animal nutrition chemicals are essential feed additive products to boost the growth in animal and to maintain their health. These are widely used in the feed industry to improve the quality of product and ensure better nutrition quality. Increase in domesticated animals and livestock population drives the animal nutrition chemical market. Moreover, rise in pet health care centres and veterinaries is expected to fuel the market growth.

Furthermore, rapid industrialization of livestock farming, increase in health problems among animals, and rise in meat demand are some of the major factors boosting the animal nutrition chemicals industry. The upsurge in consumer demand for performance and nutrition solutions on account of rising pet and cattle population is one of the primary factors driving the market.

Who is Winning?

Some of the leading players operating in the Animal Nutrition Chemicals market are BASF SE, Dow Chemical Company, DuPont, Kemin Industries, Tata Chemicals, Novozymes, Royal DSM, and Balchem Corporation.

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As a result of the rising demand for animal protein products and the rising trend of ownership of pet animals. Moreover, the rising incidences of epidemics of animal diseases, rising livestock population and the rising concerns of pet owners regarding their pets’ health are triggering the demand for safe and healthy pet foods, which in turn is stimulating the growth of the global animal nutrition chemicals market. Moreover, the growing consumption of meat across the globe is augmenting the market.

On the downside, increase use of in-feed enzymes and probiotics as an alternative are the restraining factors for the growth of the animal nutrition chemicals market. The U.S. will emerge as a major contributor owing to the increasing spending on their pets. This has led to the growing demand for nutritional products. In Europe, countries such as Germany, France, the U.K., and Switzerland are the sights of high growth rate owing to strong domestic consumption.

ANIMAL NUTRITION CHEMICALS MARKET TAXONOMY

The Animal Nutrition Chemicals market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• Amino Acid
• Vitamin
• Mineral
• Enzyme
• Fish Oil & Lipid
• Carotenoid
• Eubiotics
• Others (Vacuum Salts and Organic Food)

Application

• Animal Food Manufacturer
• Farm
• Household
• Veterinarian
• Others (Domestic Animal Feed and Aquaculture)

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Region

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

By Species

• Poultry
• Swine
• Ruminant
• Pet
• Others (Aquaculture and Euqines)

Significant Contributions of the Report

• Key Trends and Challenges: Detailed analysis on the ‘ins and outs’ of the market with qualitative research and quantitative insights
• Recent Drivers and Opportunities: Detailed assessment on the key growth drivers, technological developments, and factors affecting the market over the forecast period.
• Segmental Analysis: Extensive research on each segment and sub-segment, compiled by expert research analysts of FMI
• Regional Market Forecast: Thorough analysis of each regional market to provide market players with real-time data and reliable statistic to gain a competitive edge in the industry
• Competitive Landscape: Comprehensive analysis on prominent players and new entrants eyeing to improve their revenue prospects in the industry

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The concentrated milk fat market is expected to rise at ~5% CAGR between 2020 and 2028, as it is cheapest source of milk solids available to manufacturers apart from other base ingredients such as milk itself.

The latest technology used by several manufacturers has made it easier to produce large quantities of concentrated milk fat in no time. For example- Uelzena, a manufacturer of concentrated milk fat products, provides very special and high quality products using unique fractionalization technologies. The company is known for its customized milk fat products and innovations. It made cream filled candies with taste of nuts offering consumers mouth-watering products.

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Key Companies Profiled:

• Darigold, Inc.
• Grassland Dairy
• Lactalis Ingredients
• Pine River Dairy
• MCT Dairies
• Fonterra
• Campina Original
• Hoogwegt U.S.
• G&R Foods Inc.
• California Dairies, Inc.
• JLS Foods and FIT

 “As the demand for organic products from consumers is increasing, this will increase the demand for concentrated milk fat as the product offers various health benefits. The market for concentrated milk fat is expected to arise with a good return. Moreover, the increased shelf life and convenient storage is another property that will accelerate its market growth in the forecast period.” says the FMI analyst.

Key Takeaways from Concentrated Milk Fat Market Study

• High demand from end- use industries owing to its numerous benefits that includes better consistency, flavor support, plasticity, and improved elastic texture.
• Product availability in organic nature has helped the concentrated milk fat market to increase its consumer base to a much larger extend.
• As compared to developing regions, the sales value of the concentrated milk fat market is envisaged to be higher in countries of Europe, Australia, and New Zealand.
• New product development, acquisitions of local players and creating awareness about the welfare and application of concentrated milk fat through marketing activities and programs are some of the key drivers assisting the growth of the market.

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Product Innovation Focuses on Health and Product Functionality

The concentrated milk fat market is still at its infancy, with plenty of room for improvement. Concentrated milk fat are widely accepted over milk owing to its easy storage and convenient transportation. Owing to its easy packaging property.

• Many existing as well as many startups are investing in the concentrated milk fat market owing to its steadily expanding market.
• SA Corman acquired the top position in the concentrated milk fat market owing to its great innovations that have revolutionized the concentrated milk fat market and now gives butter plasticity and recovery capacity.

Moreover, concentrated milk fat prevents various life threatening diseases such as- cancer, diabetics, atherogenic and long-term affecting health issues like obesity. This is possible because of the presence of conjugated linoleic acid, which is intentionally increased by manufacturers by the alteration in cow’s diet. Also, by separating milk fat into fractions spreadability of butter, meltability of module chocolate, and texture of low-fat cheese have been increased to a better quality and standard.

Concentrated Milk Fat Market Taxonomy

The global concentrated milk fat market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

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Nature

• Organic
• Conventional

Application

• Bakery & Confectionery
• Dairy Products
• Soups & Sauces
• Others

Form

• Dry
• Liquid

Distribution Channel

• Direct Sales/ B2B
• Indirect Sales/ B2C

Region

• North America
• Latin America
• Europe
• APEJ
• Japan
• Middle East & Africa

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Newly released data from the fertility supplements market analyzed by FMI estimates that the fertility supplements market enjoyed year-on-year (YoY) growth of 8.3% in 2021 to total 243,820 MT. The fertility supplements market is expected to witness a prominent growth rate of a CAGR of 8.3% to reach the value of US$ 4,382 Mn in 2031.

Fertility supplements business research performed by FMI covers crucial findings such as the latest developments by key producers and projected production capacity, the current pricing of various levels of the supply chain, and price optimization plan across the value chain, as well as an economic evaluation of fertility supplements manufacturing.

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The report discusses some of the more crucial factors chalking the market’s growth trajectory. It makes observation on prevailing trends and gauges the impact of the same on the overall market. This observation is supported by relevant data, graphs, infograph and expert opinions to offer a holistic study on the global fertility supplements market.

It includes in-depth insights into the market. Some of these are:

• The estimated value of the market was at US$ 1.47 Bn in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
• Regionally, North America is the largest market for fertility supplements in the world.
• Asia Pacific follows closely, emerging as second-leading regional market.
• Through the course of the forecast period, the APEJ market is expected to report growth at the highest pace.
• In terms of ingredient, consumers seem to prefer natural ones more than the rest.

Rising Awareness about Importance Overall Well-being among Consumers is Enabling Growth

Lifestyle prevalent today does more harm to common man than ever before. According to the American Society for Reproductive Medicine, a considerable section of both men and women of reproductive age in the U.S. smoke cigarettes. Cigarette smoking has harmful impact on the overall health and wellbeing of an individual.

It also may adversely impact their fertility. Even the latest technologies might find it difficult to help a women conceive if she is exposed to excessive smoking. A rising awareness about the ongoing situation, coupled with information on potential cures will favour the expansion of the fertility supplements market.

The same factor, which is rising degree of awareness, is likely to pave way for the market’s growth in emerging economies as well.

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Who is Winning?

Some of the leading players operating in the fertility supplements market are

• Fertility Nutraceuticals LLC
• Exeltis USA, Inc.
• TTK HealthCare Ltd.
• PregPrep LLC
• Orthomol pharmazeutische Vertriebs GmbH
• Active Bio Life Science GmbH
• Fairhaven Health, LLC
• Lenus Pharma GesmbH
• ZenithNutrition, and INVO Bioscience.

As a result of increasing competition, leading manufacturers are focusing on expanding their product portfolio and improving sourcing process. Their expansion strategies include investment in research and development activities and product launches. These companies are particularly focusing on catering to changing consumer preference across various nations.

In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

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Get Valuable Insights into Fertility Supplements Market

Future Market Insights, in its new report, presents an unbiased analysis of the global fertility supplements market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. In terms of ingredient, the market can be categorized into natural, synthetic and blend.

On the basis of product, the market covers capsules, powders, soft gels, liquid and others. Men and women make the key end users in the market. Based on distribution channel, the market can be bifurcated into prescribed and over the counter. Regionally, the market can be segmented into North America, Europe, Latin America, Asia Pacific excluding Japan, Japan, and the Middle East and Africa.

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Activated charcoal will garner increasing consumer demand on the back of increasing end-use industry applications and awareness about its medical properties. The market is set for an astounding growth trajectory of more than 11% from 2019 to 2029. Major drivers of this growth are multiplying consumer traction from millennial as well as geriatric population, and government regulations on industrial wastewater treatment.

Activated charcoal supplements are effective in treating indigestion, diarrhea, and flatulence conditions. It is manufactured from eco-friendly raw materials such as coconut shells, olive stoners, peat, fruit pits, and saw dust.

Surging intestinal diseases coupled with eco-friendly properties of activated charcoal will drive growth for activated charcoal supplements between 2019 and 2029. The activated charcoal supplements market will grow at an astounding CAGR of more than 11% during the forecast period.

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Raw materials used in manufacturing charcoal such as coconut shell, olive stones, peat, fruit pits, and saw dust are organic in nature. Diseases such as acute indigestion, diarrhea, and flatulence are effectively treated with activated charcoal supplement tablets and capsules. On top of these factors, the rising awareness about the benefits of activated charcoal will drive growth through the end of 2029.

Key Takeaways of Activated Charcoal Supplements Market Study

• Powder product types will gain maximum growth owing to its highly soluble nature. The segment exhibits continued share-wide dominance through the end of 2029.
• Tablets are second most demanded product type owing to the popularity of tablets among geriatric population which forms a majority of activated charcoal supplement consumers.
• North America holds over 1/4^th of the market share, followed by Latin America and Europe which collectively account for more than 1/4^th of the total market value.
• East Asia offers the most remunerative growth opportunities with an astounding 13% CAGR during the forecast period.
• Drug stores generate maximum sales which makes this sales channel a leader in the segment. This is followed by health & beauty stores that cater to the millennial audience.

Industrial Use-Cases Bolster Sustainable Growth

Industrial purification employs activated charcoal to effectively control mercury levels. Governments around the world are introducing stringent regulations to keep industrial pollution in check. In the near future, it is expected that activated charcoal will bolster growth in many industrial use-cases such as coal-fired power plants, clinker cement plants, and other industries that use large boilers in the manufacturing process. Market players stand to gain from this industrial trend, given they are prepared with innovative applications of activated charcoal supplement in various applications such as water treatment, hydrogen sulfide removal, chlorine removal, and air purification.

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Who is winning?

Winners in the activated charcoal supplements market strategically position their R & D centers, adopt innovative development strategies, and embrace industry 4.0 technologies such as Industrial Internet of Things, cloud computing, artificial intelligence, and machine learning. Market players that embody this winning personality in different capacities are ADA-ES, Inc., Boyce Carbon, Jacobi Carbons AB, Cabot Corporation, Calgon Carbon Corporation, CarboTech AC GmbH, Evoqua Water Technologies LLC, Osaka Gas Chemicals Co, Oriental Trading Co., Ltd., and Kalpachar Products Pvt.

Market Segmentation

The global activated charcoal supplement market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

Product Type

• Capsules
• Tablets
• Powder
• Others (Granules, Gel, etc.)

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By Sales Channel

• Drug Stores
• Health & Beauty Stores
• Modern Trade
• Third-Party Online Channels
• Company Online Channels
• Practitioner Channels

By Primary Function

• Antidiarrheal
• Detoxification
• Anti-Bloating

Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East & Africa

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About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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The global gesture control market is expected to reach a market value of US$ 10,222.4 Million in 2022 and a market value of US$ 48,454.2 Million by 2032, with a CAGR of 16.8% from 2022 to 2032. Technological advancements and increasing digitization in industries such as automotive, consumer electronics, and healthcare are driving the growth of the gesture control market. In the historical period 2016-2021, the market for gesture control grew at a CAGR of 15.2%.

Gestures are natural and common form of communication for human beings. In today’s digital era of human machine interface (HMI) gesture control has become a primitive part of interaction. Gesture control is a technique to communicate with or without touching machines. Gesture control finds wide applications from electronics to medical industry. One of the leading companies in gesture control technology developed NUIA software (award winning) which uses gestures to control computer operation.

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Global Gesture Control Market: Drivers and Restraints

Gesture control market is primarily driven by growth in consumer electronics such as smart phones, smart TV, smart wearables, etc. Similarly, gesture control technology is combining with the growing virtual reality (VR) and augmented reality (AR) technologies which is anticipated to significantly drive growth of gesture control market. Surge in the health care and automotive industries is also contributing towards the growth of gesture control market.

However, the gestures used by users differ and is causing problems to understand the output and also the motions are not being accurately read due to improper background (light and noise) which is challenging for growth of the global gesture control market. Devices with gesture control technology are relatively expensive which might restrain the advancement of the global gesture control market.

Global Gesture control Market: Region Wise Outlook

The global gesture control market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). Among the aforementioned regions, North America holds the largest share in the global gesture control market with U.S. and Canada representing high consumer demand for gesture control technology. Mergers and acquisitions further augments growth of the global gesture control market. For instance, Facebook acquired Oculus VR thus strengthening its virtual reality platform.

Western Europe is the second largest market in terms of value with the presence of leading companies such as gestigon GmbH, a human machine interface company. Western Europe is followed by Japan, a key market for gesture control companies such as Leap Motion Inc., a major influencer in the region due to its strategic partnership with BB Softservice Corp, a multi-channel retailer and distributer. APEJ market is expected to register high growth rates in the global gesture control market due to rapid adoption of gesture control technology, increasing demand in electronics market, entertainment etc.

MEA market is anticipated to be boosted by advance research studies in human machine interface. eyeSight Technologies Ltd is a company based in Israel which has an expertise in gesture control technology and aims for expansion during the forecast period.

Global Gesture control Market: Key Players

• GestureTek
• gestigon GmbH
• Leap Motion, Inc.
• eyeSight Technologies Ltd
• Thalmic Labs Inc.
• Intel Corporation
• Apple Inc.
• 4tiitoo GmbH
• Logbar
• PointGrab
• Nimble VR
• apotact labs
• ArcSoft, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.

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The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Rest Of Latin America)
• Western Europe (Germany, France, U.K, Nordic countries, BENELUX)
• Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC countries, S. Africa, Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Gesture Control Market: Segmentation

On the basis of input devices, gesture control market is segmented into:-

• Wearable based
• Vision based
• Infrared based
• Electric field based
• Ultrasonic based

On the basis of dimension, gesture control market is segmented into:-

• 2- Dimension
• 3- Dimension

On the basis of application, gesture control market is segmented into:-

• Consumer Electronics
• Automotive
• Gaming and Entertainment
• Healthcare
• Defense
• Others

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

The global stone crushing equipment market is estimated to create an absolute dollar opportunity of US$ 5.5 Bn by the end of 2022. The sales of stone crushing equipment are expected to exceed US$ 11 Bn by 2032, accelerating at a remarkable CAGR of 10% over the forecast period 2022-2032. Increasing application across the artificial store and sand manufacturing sector is anticipated to augment the demand for stone crushing equipment in the market.

According to the need and use for the stone size, stone crushing equipment is a type of machine made to reduce the size of large rocks into smaller rocks, aggregates, sand, gravels, and other materials. By separating the stones into uses for construction, railways, canals, beaches, and other application-specific uses, they are also used to alter the shape of raw material mixtures.

These crushing machines work by applying compressive strength to the rocks and crushing them through collisions between the rock and the machine. They have a thick metal surface and can break and crush a wide range of materials, including quartzite, stones, coke, rocks, marbles, irons, and others. Attributed to this, stone crushing equipments are finding a wide range of application across sectors such as mining, building materials, metallurgy, railway, and highway among others.

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In addition, rapidly growing mining activities and increasing introduction of advanced crushing machineries integrated with innovative technology such as telematics and artificial intelligence is projected to propel the demand for stone crushing equipments market.

Which are Some Prominent Drivers Spearheading Stone Crushing Equipment Market Growth?

As the trend of urbanization continues to surge, a swift rise in building and construction activities is being witnessed, especially across countries such as China, the U.S., Germany, India, Australia, and others. Also, growing emphasis on sustainable development and upgrading nation’s infrastructure is encouraging governments in several countries to undertake a number of initiatives.

For instance, according to a report by the India Brand Equity Foundation (IBEF), the Government of India plans to construct over 100 smart cities across the country and has announced sanctioning nearly US$ 868 Mn under the country’s Smart City Mission for 2021-2022.

Stone crushing equipments are extensively used for producing stones, aggregates, sand, gravels from larger rock based on the requirement by the type of construction activities such as buildings, bridges, roads, canals, and others. Thus, growing construction activities and implementation of such initiatives are estimated to create lucrative growth opportunities in the market.

However, rapidly expanding building & construction sector and increasing extraction of sand & gravels from water bodies has resulted in depletion of inland as well as marine reserve of stones and sand. This has led to a shift in construction industry players towards using artificial sand and stone for construction activities. As these artificial materials are made using stone crushing equipments, growing shift towards artificial sand and stone is expected to bolster the sales in the global market.

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What are the Challenges Faced by the Stone Crushing Equipment Market?

Stone crushing equipments are needed to locate close the demand centers such as cities canal, construction sites, bridges, and others. As these equipments causes a lot of noise pollution and release dust particles in the air, implementation of stringent regulations regarding noise and air pollution is compelling the operator to set up the plant away from cities, resulting in increased cost of hauling.

Also, need for large manpower for the operation, consumption of huge amount of electricity, and extravagant cost of stone crushing equipments are other factors hindering the growth in the market.

Why is Asia Pacific Excluding Japan Emerging as an Opportunistic Stone Crushing Equipment Market?

Future Market Insights reveals that Asia Pacific excluding Japan is estimated to register the fastest growth in the global stone crushing equipment market from 2022 to 2032.

With surging demand for materials such as stones, aggregates, sand, gravels, owing to the rising building and construction activities across Asia Pacific, leading players in the market are increasingly aiming at launching novel machines to capitalize on the existing opportunity.

For instance, in 2019, Mesto, an Indian manufacturer, and supplier of construction equipments announced launching its latest addition to the versatile MX Multi-Action cone crusher series, MX3. It assists in lowering the operating costs and improving crusher productivity with a design optimized especially for mid-sized quarrying. A slew of such new product launches is estimated to augment the demand for stone crushing equipments in the market.

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How is North America Contributing to the Growth of the Stone Crushing Equipment Market?

As per FMI, North America is estimated to exhibit growth at a rapid CAGR in the stone crushing equipment market during the forecast period 2022-2032.

Government in countries across the region are launching massive construction and railway projects to strengthen their transportation infrastructure citing the trend of urbanization. For instance, the U.S. has announced its plan to sanction nearly US$ 53.8 Bn under the Sound Transit 3 (ST3) Construction Project for expanding the country’s existing link light railway system starting from the suburbs of Tacoma to West Seattle.

In addition to this, increasing mining and metallurgy activities across the countries such as the U.S. and Canada is estimated to bolster the sales of stone crushing equipments in the North America market.

Market Competition

Some of the leading players in the global stone crushing equipment market are BUCY International, Sandvik AB, Metso Oyj, Terex Corporation, CNH Global N.V., Komatsu Ltd., Caterpillar Inc., and Joy Global Inc.

The market for stone crushing equipment is highly competitive, due to large number of participants and increasing investment in development and introduction of novel crushing machines by leading players.

Key Segments Profiled in the Stone Crushing Equipment Market Survey

By Product:

• Cone Crusher
• Jaw Crusher
• Impact Crusher

By Application:

• Mining
• Quarrying
• Recycling
• Building & Construction
• Others (Agriculture, Railway)

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa

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The Asia Pacific Manufacturing Execution Systems (MES) market share is projected to reach US$ 27,601.4 Mn in 2032. The growing worldwide manufacturing sector & industrialization has been increasing the demand for Manufacturing Execution Systems (MES).

According to FMI, the Asia Pacific Manufacturing Execution Systems (MES) market is estimated to be valued at US$ 12,435.0 Mn in 2022 and is projected to increase at a CAGR of 8.3% in the forecast period from 2022 to 2032.

It manages and monitors work in process on a factory floor. The goals of MES are to make the manufacturing process more efficient and improve productivity by reducing the cycle time. MES has replaced manual operations into paperless operations for faster transfer of information and improve the process of decision making.

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Based on the applications, MES can be segmented into two segments as discrete manufacturing industries and process manufacturing industries. The various process manufacturing industries include chemical, oil and gas, pulp and paper, food and beverages, waste water management etc.On the other hand various discrete manufacturing industries include automotive, healthcare, aerospace and defense. MES has been nowadays accepted across various segments.

Key benefits of MES include reduced work in process inventory, support for stock keeping unit, labour tracking and ability to review efficiency by work centers, operators and equipment.

Manufacturers can benefit from the integration of MES with product lifecycle management (PLM), supply chain management (SCM) and enterprise resource planning (ERP) to transform the manufacturing processes in terms of control and synchronization.

The global MES market is expected to grow two fold from 2014 to 2020, at a CAGR of 10-12%.The global market is expected to grow significantly, as manufacturers are looking to manage complex processes and products more efficiently.Europe and North America are the largest contributors in the global MES market, capturing almost equal amount of share. APAC on the other hand is expected to register higher growth as it is attracting investors to manufacture.

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APAC is transforming into a manufacturing hub. All the major players of the market are focusing on the APAC region, due to rapid growth expected in the industrial and infrastructural sector. In order to cater the growing demand from Association of Southeast Asian Nations (ASEAN), the MES manufacturers are shifting their manufacturing plants to this region, to attract more consumers and gain a competitive advantage. With foreign direct investment increasing in this region manufacturing execution system is expected to witness potential growth in the region.

Key players in MES industry are Invensys operations management, Honeywell Processes Solutions, and ABB, which account for major portion of the market. Companies are getting into alliances & acquisitions to expand their business operations and increase their investment through foreign direct investment, which are expected to boost the growth of MES market.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• Greater China
• India
• ASEAN
• Australia & New Zealand
• Others

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

Asia Pacific Manufacturing Execution Systems Market

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
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