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Electrical Testing Services Market Comprehensive Research Study and Strong Growth in Future 2031 | FMI

The global electrical testing services market witnessed year-on-year (YoY) growth of 6.3% in 2021. It is projected to grow at a CAGR of 7.1% between 2021 and 2031, reaching US$ 13.4 Bn by the end of the assessment period.

15 to 18% of the testing, inspection, and certification market was made up of this market as of 2020. In the same year, testing services for transformers, circuit breakers, motors, and generators accounted for 50 to 55 percent of all sales in the electrical testing services market.

The electrification initiatives of emerging economies are advancing the market for electrical testing services. The nations’ electricity infrastructure is expanding quickly with the goal of delivering dependable and reasonably priced electricity to numerous locations throughout the world. Transformers and other power transmission equipment must be installed as a result, which will have a direct impact on the market for electrical testing services.

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The surge in demand for green energy or renewable energy sources like wind, solar, and hydro is another factor supporting the market’s expansion. Electrical testing services will experience a significant increase in demand in the near future along with the rise in demand for green energy.

Rapid Urbanization to Help MEA Mark Highest Growth Rate in Coming Years

With greater scope for development, MEA stands out to be the fastest growing region in the global electrical testing services market. Growing industrialization and urbanization will support the growth of electrical testing services in the global market over the forecast period. Thus, emerging regions that are still going under the installation processes provide a better scope for electrical testing services market. According to the International Energy Agency (IEA), by the end of 2030, 600 million out of the total 674 million people without the access to electricity live in Sub-Saharan Africa, a majority of them in the rural areas.

Attributing to this, Africa provides immense opportunities for service providers to augment their business capabilities in the region. India stands out in terms of growth in electrification rate across the country. According to IEA, half a billion people have gained electricity since 2000. In India, the electrification rate is nearly about 82% and with ongoing government initiatives, India will achieve universal access to electricity by 2020s. This is expected to open up new horizons for the augmentation of the electrical testing market in India.

Certification by Testing Services Bolsters Market Presence of Companies in the Global Market

Regular testing of the huge electric equipment becomes necessary as steel plants, and other heavy industrial equipment are particularly large in size and cumbersome to handle with. Replacement of these equipment on the account of failure usually takes months or sometimes years based on the original specifications, whereas regular testing helps avoiding failures.

The testing services work in accordance with the testing standards laid down by reputed national and international accreditation bodies. The testing service providers can significantly improve its service quality and leapfrog other players in market recognition if it complies and provide certifications of InterNational Electrical Testing Association (NETA), Bureau of Indian Standards (BIS), and Electrical Research & Development Association (ERDA).

Some recent trends such as growth of transmission and distribution network are also capable of bringing in revolutionary growth of global electric testing services market. The coming years will give a clear picture of many such influencers of electrification and electrical testing services market.

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Competitive Landscape

Companies operating in global electrical testing service market are aiming at expanding their service range for precise end use. To achieve this, they are investing increasingly in R&D activities.

Electrical testing service providers are targeting end users by providing AMC for good consumer relationships. Companies are focusing on strategic collaborations and partnerships with electrical and electronic device manufacturers to expand their service and testing network.

Schneider Electric, Siemens AG, Eaton Corporation plc, General Electric Company, ABB Inc., Power Products & Solutions, American Electrical Testing, Haugland Group LLC, Dekra, TCS Electrical Co., Phase One Electric, Intran, GEM Electrical Services, Electric Power Systems, DNV GL, Dobel Engineering Company, Inel Power, Inser Hitech Engineers Pvt. Ltd., RESA Power LLLC, Voltech Engineers Pvt. Ltd.

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Sleep Studies Market Growth, Business Opportunities, Share Value, Key Insights and Size estimation by 2032

Over the projection period, the market for sleep studies market share is anticipated to grow at a 12.8% CAGR, reaching US$ 18.9 Bn by 2032. According to an estimate by Future Market Insight, in-lab testing services will command 61.9% of the market in 2021.

Polysomnography, also known as a sleep study, is a technique used to diagnose sleep problems. Brain waves, heart rate and respiration, blood oxygen levels, as well as eye and leg movements, are monitored during a sleep study.

Sleep study is usually performed in a lab or clinic, but it can also be performed at home. Sleep studies are used to diagnose narcolepsy, unexplained chronic insomnia, REM sleep behavior disorder, sleep apnea, and other sleep disorders.

Globally, demand for a proper scientific diagnosis for an individual’s sleep disorder is increasing because of the use of proven techniques like brain wave activity, leg movement monitoring, and breathing monitoring.

According to the American Academy of Sleep Medicine (AASM), over 2500 sleep centers are running in the U.S. with their accreditation. This alone signifies the increasing demand among the population.

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With various innovative technologies like portable devices, smartphone applications, and telehealth making their way through, sales will increase at a considerable pace. The expansion of telemedicine may help to alleviate the unmet demand for sleep specialists.

Several illnesses, such as obstructive sleep apnea, have data-driven diagnostic and therapy algorithms that enable effective clinical decision making even in the absence of a physical examination. Unlike many other specialists, sleep physicians rely less on distinct physical examination findings. Telemedicine has the potential to reduce some of the traditional hurdles associated with other devices.

“Increasing adoption of sleep testing devices and rising prevalence of sleep-related disorders will drive the sleep studies market over the forecast period,” says an FMI analyst.

Key Takeaways:

By testing services, sales in the in-lab testing segment are expected to grow at a CAGR of 11.9% during the forecast period.
In terms of indication, obstructive sleep apnea (OSA) accounted for 41.9% of the total market share in 2021.
Based on end user, sleep testing centers segment dominated the market by holding a 57.7% in 2021.
The U.S. sleep studies market will expand at a 9.7% CAGR over the assessment period.
Demand in the Germany sleep studies market will grow at a 9.3% CAGR through 2032.
China will account for a dominant share in the East Asia sleep studies market, with sales growing at a 15.5% CAGR over the forecast period.

Competition Landscape

Leading players operating in the global sleep studies market are focusing on the launch of new products and services to cater to the growing demand. Key players are also aiming to expand their global presence by opening new service centres to deliver specialized care. For instance:

In August 2021, ResMed launched the AirSense 11 PAP series, which is a digital health device used in sleep apnea treatment.
In January 2020, Sleep Dynamics Company expanded its service offering for narcolepsy treatment.

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Key Market Segments Covered In Sleep Studies Market Research

By Testing Services:

Home Sleep Testing
In-Lab Testing
- Polysomnography (PSG) Testing
- CPAP/ BiPAP Titration
- Split Night Polysomnography
- Multiple Sleep Latency Test (MSLT)
- Maintenance of Wakefulness Test (MWT)
- Epilepsy Monitoring

By Indication:

Obstructive Sleep Apnoea
Insomnia
Restless Leg Syndrome
Circadian Rhythm Sleeping Disorders
Narcolepsy
Rapid eye movement (REM) Sleep Disorders
Periodic Limb Movement Disorders
Bruxism

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By End User:

Hospital Settings
Sleep Testing Centres
Home Care Settings

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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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Automotive Light Bars Market Future Trends, Industry Size and Forecast to 2029 – FMI

Automotive light bars are cost-effective vehicle lights that are substantially fitted in commercial vehicles. Automotive light bars, as considered under the scope of the research, have been mainly categorized on the basis of vehicle type, technology, installation, sales channel, and region/country.

Future Market Insights’ study, titled, ‘Automotive Light Bars Market: Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029’, analyses the global automotive light bars market, and offers an in-depth analysis of the concerned market for the upcoming ten years.

In 2014, the global automotive light bars market was pegged at US$ 664.3 Mn. It is expected to be valued at over US$ 800 Mn at the end of 2022. The automotive light bars market is expected to grow at a CAGR of more than 5% during the projected period of 2022-2029, and reach a value of nearly US$ 1,400 Mn by 2029 end.

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Front Installation Applications Continue to Generate Substantial Demand for Automotive Light Bars

Light commercial vehicles (LCVs) are expected to account for over half of the global automotive light bars market, as commercial vehicles run more miles and late nights, thus, visibility and cost-efficiency are important factors. Also, the inclination of long distance commuters towards commercial vehicles is anticipated to strengthen the unit sales of automotive light bars during the forecast period.

Technology-wise, HID xenon and LED type automotive light bars will reportedly hold over 25% of the global automotive light bars market share. LED automotive light bars offer powerful illumination that is particularly optimum for off-road applications.

On the basis of installation, the automotive light bars market has been segmented into front, side, rear, and interior. Since automotive light bars are mostly used as headlamps or fog lights, front installation of automotive light bars is anticipated to retain prominence in the global automotive light bars market.

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East Asian Markets Emerging Highly Lucrative for Key Players

According to the report, East Asia will account for over a fourth of the market share in the global automotive light bars market owing to the growing vehicle commercial fleet because of increasing export and import activities. In terms of market value share, Europe is expected to be next in the run in the automotive light bars market.

By country, China and India are expected to be the emerging countries in the automotive light bars market as a result of enhanced economic conditions, increasing passenger and driver safety regulations, and expanding vehicle fleet.

The automotive industry is highly competitive, owing to the presence of several established players, which makes the automotive light bars market fairly consolidated. Due to the presence of a number of local and regional automotive light bar manufacturers, the automotive industry is exceedingly competitive.

The global automotive light bars market is estimated to be considerably fragmented. Manufacturers of automotive light bars are likely to remain focused on R&D investments, particularly in emerging countries such as China and India.

Automotive Light Bars Market by Category

Vehicle Type:

Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles

Technology:

Halogen
HID
LED

Sales Channel:

OEMs
Aftermarket

Installation:

Front
Side
Rear
Interior

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa (MEA)

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Some of the key players active in the global automotive light bars market are HELLA GmbH & Co. KGaA, OSRAM Licht AG, FEDERAL SIGNAL CORPORATION, Truck-Lite Co., LLC, Grote Industries, Inc., Whelen Engineering Company Inc., ECCO SAFETY GROUP, PIAA Corporation, Putco Inc., KC HiLiTES Inc., Whacker Technologies, and Haztec International Ltd, among others.

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Medical Protective Equipment Market Size, Share & Forecast | USD 41.6 billion by 2030

Global medical protective equipment market share will experience a major upturn in 2022 and onwards, amid the global COVID-19 pandemic, reaching a projected valuation of over US$ 41 Bn through 2030.

The growing pandemic of community infections owing to emergence of new pathogens is expected to increase the demand of medical protective equipments in the global market. This rising number of community and hospital acquired infections will drive market growth in the near future, says a new Future Market Insights (FMI) report.

Key manufacturers operating in the market offer a wide range of products such as medical masks, gloves, protective clothing, gowns and other products. Owing to non-availability of treatment for new pathogen infections and significant lag phase between the emergence of new pathogen and development of effective treatment, there has been an increasing demand for medical protective equipment, creating an absolute opportunity for growth of the medical protective market.

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Covid-19 Pandemic Crisis Fosters Demand

Sudden virus pandemic situation has created huge gap between supply and demand of medical protective equipments. Recently in December 2019, Covid-19 pandemic has been emerged across the global geographies. This highly-transmissible respiratory disease has significantly rise the unmet demand of medical masks, gloves and other protective equipments.

For instance, according to WHO study, WHO has advised personal protective equipment industry and governments to increase manufacturing by 40% to meet rising global demand of personal protective equipment (PPE) amid global Covid-19 outbreak.

Key Takeaways of Medical Protective Equipment Market Study

Medical gloves segment is expected to contribute more than 40% of revenue share in the medical protective equipment market.
Owing to use of gloves in prevention of primary infections and to perform surgical procedures by healthcare workers, medical gloves segment is the most dominated product type.
Disposable medical protective equipment will gain more than 75% of market share in the medical protective equipment market throughout the forecast period.
Hospitals and NGO’s/ government organization segments are expected to collectively gain more than 60% of market share in the medical protective equipment market during 2022-2030.
Europe is the highest revenue generating market by region due to aging population and high rate of new pathogenic infections. North America is expected to offer lucrative opportunities owing to higher incidence of new infections and increasing volume of innovative surgical procedures.

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Manufacturing Collaborations Preferred to Tackle Massive Demand Growth

Leading manufacturers in the medical protective equipment market are extensively focusing on expansion of their manufacturing capabilities in the disruptive demand. Government is actively encouraging local manufacturers to prioritise an emergency demand of medical protective equipments in the public hospitals and other healthcare set-ups.

For instance, in March 2020, the 3M Company, the U. S. based global leader in medical protective equipments has collaborated with giant automobile manufacturer Ford to transform auto manufacturing facility into respirators manufacturing plant.

Medical Protective Equipment Market by Category

By Product:

Gloves
Protective Clothing
Gowns
N95 Respirators
Surgical Masks
Goggles
Face Shields
Head Cover
Shoes Covers

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By Usage:

Disposable
Non-disposable

By End User:

Hospitals
NGO’s/ Government Organization
Ambulatory Surgical Centers
Specialized Clinics
Diagnostic and Research Laboratories

By Region:

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East and Africa (MEA)

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Portable Wheel Jack Market Study: An Emerging Hint of Opportunity by 2029 – FMI

Portable wheel jacks are devices that are used to lift heavy loads and equipment. There are numerous types of jacks available in the market, used for a variety of applications in diverse business segments. The scope of this research covers mechanical, hydraulic, electric, and pneumatic jacks. This research has a primary goal to analyse the current scenario of the portable wheel jack market and perspective of various end users, and preference of various users belonging to various segments, and also the adoption of different types of jacks by users in industries such as railways, aerospace, automotive, construction, mining, and marine.

The global portable wheel jack market is anticipated to witness noteworthy growth in 2022, and reach a market value of around US$ 5,000 million, while registering a Y-o-Y growth rate of nearly over 3%. Additionally, the global demand for portable wheel jacks is expected to be influenced by the safety standards implemented by almost every end-use industry. In addition, the efficient and fool proof work of portable wheel jacks is expected to increase their use across various industries.

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Mining & Construction Generating Significant Demand

On the basis of end user, the automotive segment is foreseen to experience substantial growth. However, the construction and mining segment is anticipated to account for a prominent volume share in the global portable wheel jack market. The floor jack/service jacks sub-segment under automotive end use is expected to witness a growth of 4.0 percent during the forecast period, mostly driven by increasing garages and car service stations across the globe.

Based on product type, the hydraulic portable wheel jacks segment is expected to be a prominent segment in the portable wheel jack market, accounting for more than 50% of the market share. Hydraulic portable wheel jacks are less likely to get affected by rust, which provides these jacks great working life. This will lure customers who are looking for a long-term solution for heavy lifting operations. Mechanical jacks are ideal for lifting light and moderate weights, but these jacks are incapable of lifting heavy loads and cannot sustain multi-toned weights, which can be easily lifted using hydraulic jacks. This factor is surging the demand for hydraulic jacks in target regions.

East Asian Market Emerging Lucrative

East Asia, against the backdrop of growing utilization and sales of end-use products, is set to act as one of the most lucrative regions in the portable wheel jack market during the forecast period. Furthermore, Europe and North America are likely to be prominent portable wheel jack markets over the coming years, mainly driven by the U.S. and EU-5. Automobile production in China and Germany is increasing at great pace every year, and the users of these automobiles will need lifting jacks or portable wheel jacks as a vehicle accessory.

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PORTABLE WHEEL JACK MARKET TAXONOMY

The global portable wheel jack market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach in front of the reader.

By End Use

Automotive
- Floor Jacks/Service Jacks
- Bottle Jacks
- Scissor Jacks
- Hi Lift Jacks
- Trailer Jacks
Marine
- Swivel Jacks with Wheels
- Round Jacks (Swivel) with Foots & Others
Aerospace
- Axle Jacks
- Tripod Jacks
Railways
- Heavy locomotives Jacks
- Railcar Jacks
- Transit Jacks
Construction and Mining
- High tonnage mining Jacks
- Scaffolding Jacks
- Hydraulic Jacks
- Mechanical Jacks

By Product Type

Hydraulic Portable Wheel Jacks
Pneumatic Portable Wheel Jacks
Electric Portable Wheel Jacks
Manually Operated Portable Wheel Jacks

Region

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

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Portable Wheel Jack Market: Key Participants

Some of the key manufacturers involved in the portable wheel jack market are Horizon Global Corp., Curt Manufacturing LLC, Lippert Components, Inc., Gray Manufacturing Company Inc., Osaka Jack Co. Ltd., Tronair Inc., Kubanzheldormash Co., Dutton-Lainson Company, Vestil Manufacturing. HYDRO Systems KG, Autolift Gmbh, and Jiaxing Datong Machinery Co., Ltd., among others.

Within the global portable wheel jack market, players need to focus on pneumatic and electric portable wheel jacks. The increasing and booming railway industry and airplane transport industry automatically creates a great potential customer base for portable wheel jacks. Due to the intense and aggressive competition between hydraulic jack manufacturers, companies are compelled to manufacture quality products in the least price possible.

In terms of market value, the global portable wheel jack market is foreseen to increase at a moderate CAGR of more than 3%, and is set to provide opportunities to all stakeholders in the portable wheel jack market during the forecast period.

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Power Stacker Market to be US$ 3.3 Bn by 2032 | Future Market Insights

The power stacker market is expected to grow at a CAGR of 5.5 percent between 2022 and 2032. The market is expected to grow due to the increasing use of power stackers in distribution units, general material handling, and warehousing. According to the study, the power stacker market will be worth more than $2 billion by 2022.

Future Market Insights, in its latest business report, elaborates on the current situation of the Power Stacker market in terms of volume, value, production, and consumption. The report scrutinises the market into various segments, end uses, regions, and players on the basis of demand patterns and future prospects.

The market study depicts an extensive analysis of all the players running in the Power Stacker Market report based on distribution channels, local networks, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers and acquisitions associated with the players are enclosed in the Power Stacker Market report.

Some of the market participants in the global power stacker market are Toyota Industries Corporation, Godrej Material Handling, MAINI Materials Movement Pvt. Ltd., Gloline Equipment Pvt. Ltd., Jungheinrich AG, CROWN, EP Equipment Co. Ltd., CLARK EUROPE GmbH, Jost’s Engineering Company Limited, Presto Lifts, Linde Material Handling GmbH, Vestil Manufacturing Corporation, Reliable Storage System, PROLIFT Handling Ltd.

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Power Stacker Market: Segmentation:

The power stacker market can be segmented into type, application, load capacity, maximum lifting capacity, and region.

On the basis of type, the global power stacker market is segmented into:

Pedestrian-operated Power Stacker
Stackers with a driver platform
Stand-In Power Stackers Stackers
Rider-Seated Power Stackers

On the basis of application, the global power stacker market is segmented into:

Lifting equipment
Placing equipment
Transporting loads
Shifting equipment

On the basis of load capacity, the global power stacker market is segmented into:

less than one tonne
1 – 1.5 tons
5 – 2.0 tons
More than 2.0 tonnes

On the basis of maximum lifting height, the global power stacker market is segmented into:

1.5 metres or less
5 to 3 metres
3 to 4.5 metres
5 to 6 metres
more than 6 meters.

Key insights does the Power Stacker Market research provide?

Revenue from related Power Stacker market players in previous and current years has been analysed at the regional level.
One by one, company profiles of prominent stakeholders.
An analysis of the power stacker market size on the basis of product type and end-use type
Power Stacker Market forecast in terms of value and volume in numbers and percentages that are accurate.
Demand forecasts for each of the report’s segments

Our advisory services are aimed at helping you with specific, customised insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you at https://www.futuremarketinsights.com/askus/rep-gb-9568

The Power Stacker Market research gets rid of the following queries:

What is the market for power stackers expected to look like in the coming ten years?
What strategies are the Power Stacker Market vendors implementing to stay ahead of their rivals?
Why are consumers shifting towards alternative Power Stacker market products?
What innovative technologies are the Power Stacker Market players using to get an edge over their rivals?
What are the restraints affecting the growth of the power stacker market?

The Power Stacker Market Study considers the following years to project the overall market growth:

Data from 2014 to 2018
2018 is the starting point.
2019 is the estimated year.
Year of Forecast: 2019-2029

Why choose Future Market Insights?

Modern technologies, such as artificial intelligence, provide updated industry trends.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective.
Interaction with research scientists and development heads to understand the nature of the market more precisely.
three-step quality check process: data collection, triangulation, and validation.
24/7 availability of services.

About Future Market Insights (FMI)

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

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With Rising Demand, The Paper Moisture Metre Market Is Projected To Grow At An Impressive 8.1%

By 2022, it is anticipated that the market for paper moisture metres will be worth US$2.1 billion. It is anticipated to have a market value of US$ 5.2 billion and grow at a CAGR of 8.1% from 2022 to 2032. The demand for paper moisture metres is likely to increase in the coming years due to the urgent need to determine the best drying times and spot moisture streaks in the paper-making process.

The humidity of paper and paper products can be measured using paper moisture metres. One of the key factors expected to propel the growth of this market is the increasing use of these metres to prevent the costly damage that frequently results from paper shrinking or expanding.

Additionally, relative humidity or absolute humidity can be used by paper moisture metres to calculate the moisture content. The temperature has an impact on relative humidity, whereas temperature has no impact on absolute humidity.

The demand for paper moisture metres is anticipated to increase in the near future due to the growing use of these metres by paper mills, paper manufacturers, and paper producers. To promote the use of these metres, governments and private organisations are expected to run public awareness campaigns. They aid in regulating humidity and moisture because too much of either can lead to paper roll warming.

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Some of the Major Factors Influencing the Growth of the Paper Moisture Meter Market

Paper absorbs moisture that is proportional to the environment’s humidity whether it is stacked in paper bales, sheets, or rolls in paper-converting facilities or in commercial printing warehouses. Flat paper products may develop waves, buckling, or curling as a result of this moisture, which can be problematic. Additionally, during processing and printing, it might stop coatings, inks, paints, and dyes from adequately saturating and covering papers.

It is anticipated that the paper moisture metre market will grow during the assessment period due to the rising adoption of digital metres for measuring the moisture content in paper and paper products, such as brown packaging paper, cardboard, coated paper, wrapping paper, craft paper, recycled paper, corrugated boxes, butcher paper, and paperboard.

Another important factor that is anticipated to contribute to the growth is the accessibility of a wide range of metres that offer a variety of paper moisture measurement techniques. A lot of manufacturing firms are developing destructive and nondestructive techniques to measure moisture content. The demand for standard pinless paper moisture metres, which allow for nondestructive moisture measurement, is expected to increase.

The Asia Pacific Emerges as an Opportunistic Paper Moisture Meter Market

By capturing the largest market share for paper moisture metres in the near future, Asia-Pacific is predicted to maintain its leadership position. The market is expected to benefit from India’s newspaper industry’s ongoing expansion.

Newspapers are expected to be printed in all regional languages thanks to the rising import activities related to new printing equipment and the quick technological advancement in the field of machinery. The Asia-Pacific market will benefit from India’s increased demand for moisture metres due to the accessibility of newspapers in a variety of languages.

Contributing to the growth of the paper moisture metre market.

The market for paper moisture metres in North America is anticipated to expand steadily over the ensuing years. Numerous well-known paper product companies, including NewPage, Sonoco, RockTenn, Graphic Packaging, and Kimberly-Clark, are present in the United States, which has contributed to this growth.

Another important factor that is likely to spur the growth of the paper moisture metre market in North America is the ongoing development of the e-commerce sector in Canada and Mexico due to the rising penetration of smartphones, easy access to the internet, and availability of a wide range of products at discounted prices. Since December 2019, the COVID-19 pandemic has also helped the market in the United States thanks to a rise in panic buying, particularly for tissues and toilet paper.

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Key Segments Profiled in the Paper Moisture Meter Industry Survey

By Groups:

Absolute Paper Moisture Meter
A Relative Paper Moisture Meter

By paper type:

Cartons
Writing Paper
Copperplate Paper
Other (Newsprint Papers)

By Region:

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

Market Competition

Some of the most renowned companies present in the global paper moisture metre market are Electromatic Equip’t Co., Kett, Acmas Technologies Pvt. Ltd., Schaller, Delmhorst, and Extech Instruments, among others.

The majority of the leading players are focusing on partnering up with domestic and small-scale firms to co-develop new products and cater to the high demand from various end-use industries worldwide. A few other key players are investing huge sums in capacity expansions to manufacture more products to boost sales and compete with their rivals.

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Market Growth For Prefabricated Buildings To Grow At A Value CAGR Of 6.1%-FMI

The Market Growth For Prefabricated Buildings is expected to grow at a healthy CAGR of more than 6.1 percent between 2022 and 2032, reaching more than US$ 18.5 billion by 2032. The fast expansion of the building and construction industries around the world has contributed to growth.

Significant intrinsic properties of skeleton prefabricated building system and increasing demand for the new houses has been driving the product’s growth during the forecast period.

High strength coupled with low weight and volume are the vital features supporting the increasing sales of skeleton prefabricated building system. Economically viable and cost-effectiveness are other features that is expected to stimulate the growth of skeleton prefabricated building system in the near future.

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Asia-Pacific to Offer High Growth Potential to Prefabricated Building System Market

Asia-Pacific prefabricated building system market is likely to witness significant growth during the forecast period on account of rapidly increasing demand from residential sector of India, China and Japan. Heavy investments in infrastructure development by India and China is anticipated to significantly drive the growth of Asia-Pacific prefabricated building system market.

Growing inclination towards remote workforce accommodation administration structures and safe portable storage solutions is likely to open new valves for growth of prefabricated building system market. Key players are planning to explore the usage of new and innovative materials coupled with fabrication technologies, turning out prefabricated building system easier and lighter to assemble, however high on strength quotient.

Prefabricated systems or structures are frames, modular structures, or assembly of parts and components which are used in construction industry. Types of pre-fabricated systems include skeleton systems, panel systems, cellular systems, and combined systems. Skeleton systems include structural elements such as columns, beams, and roofing elements.

Panel systems include wall or flexible partition elements, cellular systems include three dimensional structures, whereas combined systems include combination of aforementioned system types. These systems are designed based on load bearing requirements and applications such as residential, commercial, or industrial. Various types of materials used for manufacturing of these systems include wooden panels, metal panels, composites, plastics, glass, and other reinforced plastics.

Global Prefabricated Building System Market: Drivers & Restraints

Some of the underlying drivers for the industry are identified as rising number of corporate offices or special economic zones, urbanization trend, rapid industrialization, developing infrastructure prospects in Asian region, and increasing real estate investments across the globe. The growth of prefabricated building system market is expected to be in-line with development of real estate and housing sector across the globe with high growth potential expected to come from Asia-Pacific and GCC region.

Global Prefabricated Building System Market: Key Players

Major players over the global prefabricated building system market include Algeco Scotsman, Modern Prefab Systems Pvt. Ltd., Ritz-Craft Corporation, Inc., Lindal Cedar Homes, Inc., and Champion Home Builders, Inc.

Global Prefabricated Building System Market: Overview

Advancements in super elastic, actuator and other industrial applications are likely to drive the demand for shape memory alloys. Shape memory alloys are sub set of high performance alloys or advanced materials. Advancements in technologies and widening scope of applications set firm platform for new alloys to exhibit healthy double digit growth in the 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 market segments such as geographies, types and applications.

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)
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, S. Africa, N. Africa)

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.

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Global Prefabricated Building System Market: Segmentation

On the basis of dimensions, the global prefabricated building system market is segmented as,

Skeleton system
Panel System
Cellular System
Combined System

On the basis of application,the global prefabricated building system market is segmented into:

Residential
Commercial
Industrial

On the basis of weight,the global prefabricated building system market is segmented into:

Light Weight (less than 2 tons)
Heavy Weight (more than 2 tons)

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Between 2022 And 2032, The Market For Water Desalination Equipment Will Reach US$25 Billion.

By 2022, it is anticipated that the market for water desalination equipment will have grown to a value of over US$ 13 billion. During the forecast period, a CAGR of 9% is anticipated. The market is anticipated to reach US$ 25 billion by 2032 as a result of the world’s increasing lack of potable water resources.

Brackish water, seawater, or any other type of water can be purified using water desalination equipment, a type of industrial device. Desalination technology makes it possible to separate salts and minerals from a variety of water sources, including industrial feed, wastewater, wells, and others, and then transform those waters into freshwater or potable water. As a result, the machinery is frequently used in many different industries, such as oil and gas, mining, agriculture, chemicals, and public settings.

The demand for water desalination equipment is expected to increase due to the expanding population and their rising water needs. Desalination machine sales have increased due to the disruption of the water cycle caused by climatic changes, which is also causing a shortage of water.

Additionally, due to the increasing use of water in various end-use industries as a result of rapid industrialization, there is an increased need for desalination facilities and equipment in a variety of industries.

Droughts and a lack of freshwater resources are driving up the demand for water treatment, particularly desalination, in arid areas.

The removal of toxic metals, such as boron and mercury, during the desalination process to create potable water was described in a study led by Berkeley Lab and the University of California, Berkeley, and published in the journal Science. The new method aids in the recovery of priceless metals like gold. This kind of research is intended to raise awareness of the water desalination technology available today.

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latest trends Boosting Water Desalination Equipment Market Growth

Reverse osmosis technology is becoming more widely known for efficiently treating all types of water feed, which is likely to increase demand for desalination equipment in developing nations like Saudi Arabia, China, and India.

As a result, it is anticipated that in the years to come, the use of water desalination equipment will increase due to the global population growth’s impact on groundwater reserves.

The management of operations, process control, parameter monitoring, and risk detection through the use of digital technology in desalination plants is likely to support the market expansion. Additionally, it will increase freshwater yield and decrease brine output.

In addition, the deployment of water purification and desalination technologies is mandated by the prevalence of strict government regulations on the release of effluent water from growing manufacturing facilities.

The World Health Organization (WHO) estimates that each year diarrhea-related deaths will total close to 829 000 due to poor sanitation, hand hygiene, and unsafe drinking water. To support the market’s expansion, the government is focusing on establishing water treatment facilities in the municipal sector.

The Middle East and Africa Meet the Needs of the Expanding Water Desalination Equipment Market

Due to the rising demand for potable water from nations like the UAE, Israel, and Saudi Arabia, the Middle East and Africa are expected to dominate the market.

There will be a huge demand for water desalination equipment due to the expanding construction industry and utility activities in Saudi Arabia, Qatar, Kuwait, the United Arab Emirates, and Qatar.

Desalination technology sales in the area are also anticipated to rise as a result of expanding industrial and municipal markets in the energy, chemical, pharmaceutical, and oil & gas sectors.

Algeria and the Gulf Cooperation Council (GCC) both have a growing understanding of desalination, which will expand the market’s opportunities for making money.

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Key Segments Profiled in the Water Desalination Equipment Industry Survey

Application:

Municipal
Industrial
Others (hospitality, etc.)

Technologies:

Reverse Osmosis
Nanofiltration
Multi-Stage Flash
Electrodialysis
Vapour Compression
Multi-Effect Distillation
Others

Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
The Middle East & Africa

Market Competition

Doosan Heavy Industries and Co., General Electric, Acciona SA, Genesis Water Technologies, Degremont Sas, Koch Membrane Systems, IDE Technologies, Biwater, Hyflux Ltd., and Cadagua are a few of the major companies that compete in the global market for water desalination equipment.

The market consists of local and international companies that develop, produce, and sell water desalination machinery. A competitive market environment is anticipated to result from the increase in players. In addition, it is predicted that a number of companies, including General Electric, Doosan Heavy Industries and Co, and Hyflux Ltd, will hold a sizable portion of the market.

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Automotive Display Units Market Demand, Scope and Future Estimation until 2029 – FMI

The rising global demand for passenger vehicles is expected to drive the automotive display units market during the forecast period. With safety being the number one priority among drivers, the global automotive display units market is expected to grow at an 8.3% CAGR between 2022 and 2029.

The automotive display units market is expected to be worth US$ 15,607.8 million in 2022. By 2029, the automotive display units market is expected to be worth US$ 27,329.0 Mn.

East Asia to continue to be a key market during the forecast period due to increased innovation and development in autonomous vehicles. The automotive display units market in the region is expected to grow at a CAGR of 9.2%.

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On-Road Automotive Fleet is Aggressively Growing:

The rapid proliferation of the on-road automotive fleet is one of the major factors determining demand for automotive display units. Automotive displays are a differentiating factor in modern vehicle interiors and the paramount interface for driver-vehicle interaction. Changing consumer demands and the introduction of new technologies are critical factors in the market’s expansion.

Display Unit Personalization

Customization of display units to OEM specifications is another important factor in display unit sales. These are some of the major drivers of increased demand for automotive display units during the forecast period.

With a resolution and screen size that can be customised based on OEM requirements, as well as communication functions and Bluetooth connectivity, the unit combines a wide range of information in a single device that is designed to drive the market.

Perspectives for the Region

Manufacturers of automotive display units in the United States are embracing new technologies by advancing display solutions to improve vehicle safety. Manufacturers in the United States aim to provide a comprehensive range of display units that improve driver safety and convenience.

Manufacturers in the United States are focusing on providing superior, high-resolution, and immersive displays. They intend to provide next-generation vehicle interiors with higher-resolution displays in larger sizes than current displays. Growing sales of luxury cars and premium SUVs are also important factors driving the growth of automotive display units in the United States market.

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Key Takeaways:

The automotive display units market in East Asia is expected to grow at a 9.2% CAGR.
During the forecast period, the US automotive display units market is expected to grow at a 7.3% CAGR.
The German market is expected to have a 7.2% value CAGR in the Europe automotive display units market during the forecast period (2029).
China automotive display units market throughout the forecast period with the Value CAGR of 10.4%.
During the forecast period, the full digital segment in product type is expected to generate an absolute dollar opportunity of more than US$ 7,044.0 Million.
During the forecast period, the mid-size vehicle type is expected to generate an absolute dollar opportunity of more than US$ 3,904.0 Million.

Competitive Landscape:

The prominent competitors in the automotive display units market are concentrating on collaborations and acquisitions to increase their market share and expand geographically. They also intend to conduct development and research for innovative products in order to expand their product portfolio and customer base.

Robert Bosch GmbH, Continental AG, Panasonic Corporation (Japan), Continental AG, LG Display Co. Ltd., Magna International Inc., Delphi, Automotive PLC, Valeo SA, and Kyocera Corporation are a few of the significant players in the automotive display units market.

Automotive Display Units Market

By Product Type:

Full Digital
Navigation Display
HUD
Digital Side Mirror
Digital Rear View Mirror
Rear Seat Display
Rear Seat Control

By Vehicle Type:

Compact Car
Mid-Size Car
SUV
Luxury Car
LCV
HCV

By Display Size:

<1- Inch
1.x Inch
2.x Inch
3.x Inch
4.x Inch
5.x Inch
6.x Inch
7.x Inch
8.x Inch
9.x Inch
10.x Inch
11.x Inch
>12.x Inch

By Touch Type:

With touch
Without touch

By View Type:

By Technology Type:

TFTLCD
PMOLED
PMLCD
AMOLED

By Screen Format:

Standard
Wide

By Sales Channel:

OEM
Aftermarket

By Resolution:

Pixel formats
Pixel numbers

By Region:

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

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Recent Development:

Date	Company	Strategy	Details
January 2019	Panasonic Corporation	Collaboration	Panasonic Corporation announced in January 2019 that it has formed a joint venture with Toyota Motors to manufacture automotive prismatic batteries.
2019	Bosch Company	Product Launch	The Bosch Company introduced advanced solutions to the new Nikola Two Truck in 2019. The Nikola trucks include Bosch innovations such as the mirror cam system, perfectly keyless operation, and servo twin steering.
2019	LG Display	Announcement	LG Display announced in 2019 that it sold 100 million Automotive Display Units in the first quarter of fiscal year 2019.
2018	Magna International	Acquisition	Magna International acquired VIZA Geca SL in 2018 to bring seat-structure expertise and a product portfolio that included patented floor-latch systems and foldable seats.

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