Market Research Blog

The global orthopaedic bone cement and casting materials market is expected to enjoy a valuation of US$ 2.7 Bn in 2022. Sales in the market are projected to expand at a CAGR of 6.3% over the forecast period (2022-2032). Demand in the market is expected to surge by 2.1x, surpassing a valuation of ~US$ 5.1 Bn by 2032.

The global orthopaedic bone cement and casting materials market is also likely to witness a few trends in the near future. Growing research and development activities in the field of orthopaedics and increasing use of casting materials to treat orthopaedic injuries are expected to increase in the next few years, impacting the global market for orthopaedic bone cement and casting materials significantly.

In a recent global market study, the analysts of Future Market Insights examined the various factors impacting revenue growth of the global orthopaedic bone cement and casting materials market. An increasing prevalence of orthopaedic disorders and patient preference towards quality treatment for a better lifestyle are primarily responsible for fuelling market demand for orthopaedic bone cement and casting materials.

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Future Market Insights analysis reveals the various factors that are likely to boost the growth in adoption of orthopaedic bone cement and casting materials. A growing number of people suffering from bone diseases such as osteoporosis, an increasing number of sports injuries and accidents leading to fractures of the bone, and the availability of advanced treatment options for severe back pain are some of the factors likely to drive the market towards high revenue growth in the coming decade.

Global Orthopaedic Bone Cement and Casting Materials Market: Regional Analysis & Forecast

Future Market Insights has tracked the performance of the global orthopaedic bone cement and casting materials market across the key geographies of North America, Latin America, Western Europe, Eastern Europe, Japan, APEJ, and MEA. Unsurprisingly, North America is the dominant regional market with estimated revenues in excess of US$ 1,400 Mn by the end of 2027, witnessing a CAGR of 5.1%. The APEJ orthopaedic bone cement and casting materials market is estimated to be valued at almost US$ 940 Mn by the end of 2027, recording an impressive CAGR of 9.7% – the highest among all the regional markets. The Western Europe regional market is slated to register a CAGR of 7.1% during 2017 – 2027.

Global Orthopaedic Bone Cement and Casting Materials Market: Segmental Forecasts

Forecast by Product Type:

The global orthopaedic bone cement and casting materials market is segmented on the basis of product type into Bone Cement and Casting Materials. The Bone Cement segment is expected to be the most lucrative product type segment with an attractiveness index of 1.1 and a CAGR of 6.9% in terms of value.

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Forecast by Application:

The global orthopaedic bone cement and casting materials market is segmented on the basis of application into Joint Arthroplasty, Trauma Cases, Sports Injury, Spine Surgeries, and Others. Joint Arthroplasty is the most lucrative segment by application and also the largest, estimated to reach a market valuation of US$ 1,458.6 Mn by the end of 2027, registering a CAGR of 7.3%.

Forecast by End User: 

The global orthopaedic bone cement and casting materials market is segmented on the basis of end user into Hospitals, Ambulatory Surgical Centres, and Orthopaedic Clinics. Hospitals is the largest end user segment, estimated to reach a market valuation of just under US$ 2000 Mn and witness a growth rate of 7.0% between 2017 and 2027.

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Global Orthopaedic Bone Cement and Casting Materials Market: Competitive Landscape

• DJO Global, Inc.,
• Heraeus Holding,
• Zimmer Biomet,
• BeneCare Medical,
• BSN medical,
• Stryker,
• 3M Health Care Ltd.,
• DePuy Companies (Sub. Johnson & Johnson Services, Inc.),
• Smith & Nephew Plc,
• Exactech, Inc.,
• Medtronic, Inc.,
• Braun Melsungen AG,
• Cook Medical,
• SOMATEX® Medical Technologies GmbH,
• TEKNIMED,
• T-Tape Company B.V.,
• Lohmann & Rauscher GmbH & Co. KG,
• MIKA MEDICAL,
• Össur,
• Innovation Rehab LTD.

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The global mechanical seals market is anticipated to be valued at US$ 3,267.1 Million in 2022, forecast a CAGR of 4.1% to be valued at US$ 4,876.5 Million from 2022 to 2032. Growth is attributed to the growing manufacturing as well as industrial sectors. From 2016-2021 a CAGR of 3.8% was registered for the mechanical seals market.

Due to the rapid growth of end-use industries like oil and gas, chemical, and power and the subsequent use of mechanical seals in these sectors, according to FMI, North America will account for a 26.2% share of the global market for mechanical seals during the forecast period. About 9,000 independent oil and gas power plants are located in the US alone.

Mechanical seals also aid in preventing leaks in pressure-contained systems. Mechanical packaging was used prior to mechanical seals, but it wasn’t as efficient as seals. Since the frictional characteristics of the seal have a significant impact on the amount of power consumed by the machinery on which it is used, mechanical seals frequently use energy

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Global Mechanical Seals Market: Region-wise Outlook

The highest growth is expected to be witnessed in the Americas due to increase in adoption of mechanical seals to ensure precise and prefect sealing of pipelines. Demand for mechanical seals is anticipated to remain stable in Middle East & Africa. Asia Pacific excluding Japan (APEJ) is expected to offer growth opportunities to key players during the forecast period.

Global Mechanical Seals Market: Key Players

The major players involved in the manufacturing of mechanical seals are AW Chesterton Company, EagleBurgmann India Private Limited, Flowserve Corporation, Flex-a-seal, John Crane Group, Bal Seal Engineering, Cooper-Standard, Federal-Mogul, Flexitallic Group, Garlock Sealing Technology, Henniges Automotive Sealing Systems, Hutchinson Sealing Systems, Timken AB, Freudenberg Sealing Technologies GmBH and Co. KG., Dana Corporation, Telleborg Industries and others.

About Mechanical Seals

Mechanical seals are those leakage control devices which are deployed on rotating equipment like mixers and pumps to avoid the leakage of liquid and gases from escaping into the environment. Mechanical seals ensure that the medium stays in the system circuit, protecting it from external contaminations reducing environmental emissions.

Only a flat and smooth finish on mechanical seals is eligible to prevent leakage to its full efficiency. Mechanical seals are usually made by using carbon and silicon carbide but mostly carbon is used in the manufacturing of mechanical seals because of its self-lubricating properties. The two principle components of a mechanical seal are the stationary arm and the rotatory arm.

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

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
• 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 Mechanical Seals Market: Segmentation

The global mechanical seals market can be segmented on the basis of types, end use and geography.

On the basis of types, the global mechanical seals market can be segmented into

• O-ring seals
• lip seals
• rotary seals

On the basis of end use industry, the global mechanical seals market can be segmented into

• oil and gas industry
• general industry
• chemical industry
• water industry
• power industry
• others.

On the basis of region, the global mechanical seals market can be segmented into

• North America
• Latin America
• Eastern Europe
• Western Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• The Middle East and Africa (MEA)

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The global market for modular energy control systems is anticipated to be worth US$ 3.6 billion by 2022 and continue to expand at a CAGR of 8.4% from 2022 to 2032. By the end of 2022, the top 3 countries are projected to hold 56.8% of the market, as sales of modular energy control systems are expected to soar.

An energy consumer can more effectively balance the production, consumption, and storage of electrical energy by using a modular energy control system. Additionally, it enables the energy user to store electrical energy produced by various sources, including PV (photovoltaic) panels, batteries, etc. By tracking energy supplies and predicting energy demands, consumers can use energy resources more effectively when using conventional modular energy control systems.

However, the use of alternative sources of technology has been restricted for a number of reasons, including the unpredictability of alternative energy sources (such as water, sun, and wind), the challenge of recovering costs, and the challenge of integrating all the sources and devices into a single conventional electrical control system.

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As demand for energy is increasing worldwide along environmental conservation measures and volatility in energy prices, there is urgent need for development of alternative energy sources and energy conservation. Some of the developments include automatic timers and programmable thermostats which turn off lights when not needed and control their heating and cooling systems to reduce consumption.

A modular energy control system is a wireless base unit which communicates with one or more wireless load manager units to receive power supply and demand projections from one or more loads connected to the wireless load manager. In case of dynamic variables such as change in electricity prices, the base unit transmits the message to the load manager to reduce power consumption by one or more loads or to shut it off if required. New load managers can be added to the system with a scalable cost and minimal configuration.

For instance, a business pays electricity bills on perkilowatt-hour basis. The company bears an additional charge for peak hours during the billing period. Using modular energy control systems, the instantaneous energy usage can be monitored. The system can then be adjusted so as to discourage peaky consumption because of high cost, for a short period. If the demand exceeds a threshold, demand from the grids can be reduced using batteries or critical energy users like freezers, which can be easily unplugged or disconnected using direct controls, controllable relays or sensors.

The need for efficient energy generation, consumption and storage is the major market driver for modular energy control systems. The use of renewable energy resources for generation of electrical power on a large scale is one of the major challenges for the modular energy control systems, as the stability of the grid is affected. The market for modular energy control system can be segmented into software and hardware solution providers. Top ten EMS (Energy Management Software) providers are JouleX Energy Manager, Utilities Direct, SAPSE, EnergyCAP, Schneider Electric,PowerLogic ION EEM, CRedit360, eSight Energy, C3 Energy, Hara EEM and CA Technologies.

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The research report presents a comprehensive assessment of the modular energy control system market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, geographies, types, technology and applications.

Global Modular Energy Control System 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

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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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A recent research study predicts that the market will grow steadily between 2021 and 2031. Crane motor sales are anticipated to grow at a CAGR of 5 to 6% from 2021 to 2031. In the short term, demand for crane motors will stabilise, and long-term growth prospects appear bright. There will soon be significant opportunities due to increased demand from the growing construction industry.

The demand for crane systems has significantly increased as a result of the steadily expanding industrial and construction projects, and it is anticipated that this growth will continue over the next ten years. promoting the use of crane motors over the anticipated time period.

For both underground and underwater operations, crane motors are widely used in the mining, oil, and gas, and construction industries. It is anticipated that ongoing developments in the mining and oil and gas sectors will favourably affect market expansion.

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The majority of the time, crane systems are exposed to intense heat while operating in continuous cycles. Additionally, the motors’ core losses result in higher operating temperatures, which shortens their useful lives. This is the primary obstacle to the market’s expansion.

Diamond-shaped coils, which offer more efficient turns than conventional round-end turns, are one example of the high-efficiency products on which manufacturers are concentrating their efforts (mush wound). Additionally, market expansion is anticipated to benefit from research and development efforts to implement smart automation for real-time monitoring and control of crane motors.

Sales to Recover Sharply post the Containment of Pandemic

With the looming effect of COVID-19 pandemic across the globe and with imposed restrictions on civic movement, the industrial sector and commercial business operations rate have been affected and caused complete halt in the manufacturing activities and restrictions in the supply chains.

Furthermore, the shutdown of construction activities across the globe resulted in significant decline in the short term demand. However, as the economic activities resumes the crane motors market is expected to recover sharply post the containment of pandemic.

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North America Crane Motors Market Overview

North America is expected to hold leading share in the crane motors market on the back of substantial increase in mining exploration activities in the region. It is also expected to witness significant growth rate during the forecast period.

Asia Pacific Market Growth Outlook

Asia Pacific is expected to witness a robust growth rate over the coming years. The growth is attributable to the prevalence of large number of manufacturers in the region.

Moreover the leading global market players are also poised for shifting their manufacturing facilities in the countries such as China, India and ASEAN etc. in order to gain benefits of cheap labors and availability of raw materials in the region. This is further expected to ascend the growth of the market in the region.

Europe Market Positioning

Europe is also expected to hold significant share in the global crane motors market throughout the forecast period owing to the substantial increase in the industrial activities in marine, oil & gas domains from prominent countries such as Germany, U.K.,  Italy and Russia, etc.

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Who are the Key Manufacturers and Suppliers of Crane Motors

Some of the leading manufacturers and suppliers of crane motors include

• Toshiba Corporation
• ABB Ltd
• Siemens AG
• WEG SA
• Regal Beloit
• Hyosung Ltd
• Nidec Corporation
• TECO- Westinghouse
• Kollmorgen Inc
• Lafert Group
• Brook Crompton
• Wolong Inc
• Jiamusi Electric Machine among others.

Many leading manufacturers and suppliers have longstanding contracts with end-users to supply crane motors. Further, manufacturers are focused on establishing their manufacturing facilities in the countries from Asia Pacific such as India, China, Thailand, and Taiwan to cater increasing demand in the region.

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.

Key Segments

By Motor Type:

• DC Motors
• AC motors

By Safety Type:

• EXd Type
• Increased-Safety Type
• Others

By Crane Type:

• Single Girder Overhead
• Double Girder Overhead
• Workstation
• Others

By End Use Industry:

• Construction
• Oil & Gas
• Mining
• Chemicals & Petrochemicals
• Industrial Processes
• Others

By Region:

• North America
  • US & Canada
• Latin America
  • Brazil, Mexico, Others
• Western Europe
  • EU5
  • Nordics
  • Benelux
• Eastern Europe
• Asia Pacific
  • Australia and New Zealand (ANZ)
  • Greater China
  • India
  • ASEAN
  • Rest of Asia Pacific
  • Japan
• Middle East and Africa
  • GCC Countries
  • Other Middle East
  • North Africa
  • South Africa
  • Other Africa

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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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By 2032, the electronic expansion valves market is projected to generate US$ 1.6 billion. Sales of electronic expansion valves are expected to increase during the forecast period due to the rising demand for them in air conditioning and refrigeration applications.

The most recent market report on electronic expansion valves from FMI projects that the market, which was valued at US$ 695.99 Mn in 2022, will expand at a CAGR of 8.4% from 2022 to 2032.

The global market share for electronic expansion valves is anticipated to increase over the anticipated period due to the combination of electronic valve flexibility and a wide range of product customization options.

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The market for electronic expansion valves is anticipated to expand as a result of the expanding use of air conditioning systems in commercial settings such as workplaces, hotels, airports, educational institutions, hospitals, museums, and other places.

Electronic expansion valves are very popular because they have many advantages over traditional thermal expansion valves, including better performance and a reduction in energy use from the refrigeration system.

Additionally, electronic expansion valves make it possible for refrigeration systems to operate more precisely and effectively, which is a key factor influencing the market outlook for electronic expansion valves.

Increased awareness of carbon emissions in many parts of the world has led to an increase in the adoption of electronic expansion valves in a variety of end-use sectors.

Future trends in electronic expansion valves market include expansion of the automobile industry and increased use of electronic expansion valves as air conditioning systems to become the primary vehicle accessory.

This factor is likely to increase demand for electronic expansion valves and result in new growth opportunities for the electronic expansion valves market.

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How is the Demand Outlook for the Electronic Expansion Valves Market?

Refrigerators, air conditioners, water chilling facilities, deep freezers, and water coolers are just a few of the products that use electronic expansion valves.

Due to increasing industrialization and urbanization and emerging economies, the sales of electronic expansion valves is rising steadily during the forecast period.

Consumers in emerging countries choose convenience products, which is projected to propel the electronic expansion valves market share during the forecast period.

During the projection period, demand for electronic expansion valves is likely to be driven by the construction of commercial spaces such as hotels, hospitals, retail malls, educational institutions, and offices.

Similarly, rising consumer spending and the creation of low-cost items have made a wide range of end products more available to customers. During the forecast period, rising car demand and the introduction of electric vehicles are expected to fuel the sales of electronic expansion valves.

As the world’s population grows, so does the demand for food. Countries and businesses all across the world are employing cutting-edge food storage and waste prevention techniques.

The electronic expansion valve market size is likely to be fueled further by the development of cold storage systems and the rising popularity of frozen foods, as well as an increase in the number of cold storage stores.

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Which Factors are likely to Hinder the Electronic Expansion Valves Market Growth?

Electronic expansion valves are more expensive than thermostatic expansion valves, which may have an impact on demand for electronic expansion valves.

Increased refrigerant flowing from electronic expansion valves to the condenser, which causes some liquid to enter the compressor and harm cooling equipment, may hinder electronic expansion valve market growth.

Which Region is likely to Dominate the Electronic Expansion Valves Market?

East Asia is predicted to lead the electronic expansion valves market, owing to rising electronic expansion valves consumption and manufacturing.

China is the most important country in East Asia, fueling demand for electronic expansion valves (EEVs), which are extensively used in refrigerators and air conditioners in homes.

The electronic expansion valves market in Europe is predicted to grow rapidly, owing to rising industrialization and a growing number of end-use sectors, which is likely to have a substantial impact on the electronic expansion valves market share in Europe.

As the adoption of electronic expansion valves over conventional thermal expansion valves grows, North America is likely to see double-digit growth in the electronic expansion valves market.

Furthermore, the electronic expansion valves market outlook in this region is being driven by various advantages of EEVs over TXV and increasing awareness about environmental effect.

Due to the existence of numerous rising countries such as India, Indonesia, and others, South Asia is predicted to grow rapidly and become an important area for the electronic expansion valves market growth.

The global electronic expansion valves market is predicted to develop moderately in Latin America, the Middle East, and Africa.

Market Competition

Some of the leading companies operating in the global electronic expansion valves market include Sanhua Europe, CAREL INDUSTRIES S.p.A., VOLGA, Danfoss Group, Fujikoki Corporation, Zhejiang DUNAN Artificial Environment co., LTD, Parker-Hannifin Corporation, Emerson Electric Co., and others.

Electronic expansion valves manufacturers are investing in research and development in order to introduce more improved goods. The expansion valve market was hit by COVID-19, and the market is also impacted by geopolitical crises and raw material price variations.

Electronic expansion valves manufacturers and distributors in the global market have benefited greatly from the growth of the eCommerce industry. Manufacturers’ improvements in product offerings and services, combined with penetration in developing countries, is projected to drive the electronic expansion valvesmarket forward.

Key Segments Profiled in the Electronic expansion valves Industry Survey

By Flow Type:

• Electromagnetic expansion valves
• Electric expansion valves

By Application:

• Air Conditioning
• Refrigeration
• Others

By Region:

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

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Major constituents of household dust are dust mites, their feces and other allergens. Mining and material processing operations is another major source of fugitive airborne particulate. For instance, coal dust is hazardous because it causes black lung disease among coal miners. When dispersed in air, coal dust is an explosion hazard. Dust produced from stone, sand and gravel processing contains silica responsible for the disease called silicosis. Dust produced by vehicles on unpaved roads at construction and mining sites, industrial areas is also a major contributor to air pollution. All these demand for the need of dust control systems market.

The first thing which strikes our mind when we think of dust, is the dust found on our shelves when we haven’t cleaned them for a while. Unless its magnitude is high, this nuisance does not have much of an effect on our lives.
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The term dust control is a misnomer. It should be better termed as dust suppressant. The reason being that many people perceive dust control means not having any dust. The real fact is that you have less dust with the treatment than you would have without it. Dust control systems are the systems used to suppress or collect the dust produced by industrial processes involved in the cement manufacturing, steel production and mining activities. Primarily there are two types of systems used to control these dusts, dry collection and wet suppression. Dry collection systems use bag houses with fabric filters that vacuum dust from the source and collect it in a hopper for disposal. Wet suppression systems use water sprays that are commonly engaged in controlling of the fugitive dust from roads, piles and processing operations. Water spray systems are the most common wet suppression technology. These technology is widely used to maintain mining and industrial facilities in compliance with local, state and federal laws that regulate dust emissions. Few wet suppression systems use foams or surfactants for specialized application to improve performance, especially for materials like petroleum or coal that are difficult to wet.

More than 50 percent of US roadways are gravel roads, making them a vital part of the transportation system. One of the major drawback about the gravel roads is the dust they produce when vehicles drive over them. Dust can also have adverse effects on air quality and the environment and reduce the safety for drivers due to impaired vision. Dust suppression is of critical importance in the mining business. South Africa holds immense potential for dust control systems, to be deployed in the mining sector.

Dust Control Systems Market: Drivers & Restraints

Awareness in the cement industry for dust control products, increasing investments in civil structures, smart manufacturing are some of the key factors driving the growth of the global dust control systems market.

The economic growth in the industry and exploring new markets for dust collection products have been one of the catapults to the growth of the global dust control systems market.

Lack of funding, traffic volume, high maintenance costs, effectiveness in all terrain are some of the key barriers negatively impacting the growth of the global dust control systems market. Compliance with the dust standards, availability of proper explosion protection devices to counteract with the hazards involved re few more probable factors restraining the growth of the global dust control systems market.

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Dust Control Systems Market: Segmentation

The global dust control systems market is broadly classified on the basis of product type, filter cleaning, applications and geographies.

Based on product type, the global dust control systems market is segmented into:

Central dust collectors
Silo dust collectors
Mobile dust collectors
Based on filter cleaning, the global dust control systems market is segmented into:

Online cleaning
Impact cleaning
On-demand cleaning
Offline cleaning
Reverse-jet cleaning
Based on application, the global dust control systems market is segmented into:

Cement
Steel
Non-ferrous Metallurgical
Power plants and Process boilers
Tyres & Tubes
Pulp & Paper
Chemicals and Petrochemicals
Textiles
Food & Beverages
Dust Control Systems Market: Overview

Though dust control systems were in use since years, but with the soaring population and heavy industrialization this market is gaining grounds.

With developing new technologies in emerging economies, rapid urbanization and increasing housing and security investments, the acceptance of dust control systems is gaining popularity. The global dust control systems market is expected to expand at a promising CAGR during the forecast period (2015-2025).

Dust Control Systems Market: Region-wise Outlook

The global dust control systems market is expected to remain quite optimistic for the forecast period. Depending on geographic regions, global dust control systems market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global dust control systems market in terms of market revenue. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global dust control systems market value exhibiting a robust CAGR during the forecast period, 2015?2025.

Dust Control Systems Market: Key Players

Some of the key market participants in global dust control systems market are New Waste Concepts Inc, EnviroSystems LLC, Colliery Dust Control (Pty) Ltd, United Air Specialists Inc, Camfil APC, National Environmental Service Company, Dust Control Systems Ltd, Sealpump Engineering Limited, Dustcontrol Canada Inc, C&W Manufacturing and Sales Co, Piian Systems, Dust Solutions Inc.

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An element of a dock system is a floating dock, also referred to as a dry dock. It has the capacity to sink to a depth that is both sufficient and appropriate, allowing cargo or a vessel to coast in, anchor in a location close to the entryway, and push out the water. A floating dock also eliminates the need for owners to tie up the dock systems at the harborfront.

They could instead erect it on the floating dock. Floating docks are used for a variety of purposes in residential, commercial, and industrial settings, including ferry landings, cargo loading and unloading, helicopter landing pads, and others. They also work on large cargo tankers, carriers, and icebreakers to maintain and repair them.

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Dock systems, such as floating docks, are crucial because they facilitate tasks for the export and import industries, such as loading or unloading, repair, and maintenance. The export and import industries, which are expanding annually and are driving up demand for these docks, have always been concerned with the efficient transportation of goods.

Floating Docks Market: Drivers and Challenges

The to or fro movement of cargo can cause the separation of the cargo from the doc, in which case, these docks help stabilise the cargo or the ship, thus offering the smooth transition of goods or passengers from the ship/cargo to the dock or the shore.

In addition, these docs eliminate the necessity of hiring either expensive skilled labour or economical less-qualified manpower, which is likely to result in hampering the quality of port operations. Moreover, these docs offer cost-efficiency as they provide a solution that is safer, offers better performance and can also be considered a good return on investment.

With state-of-the-art design features, floating docks are built to last and deliver maximum performance in minimum downtime, hence, the aforementioned factors are expected to significantly drive the market during the forecast period.

The supply chain scenario for floating docks market can be perceived both strong as well as weak. In the recent years, the integration of the supply chain has emerged as a trend in the import-export business. Terminal operators, shipping companies and logistics providers are going global and gaining more bargaining power.

In addition, globalisation and the developing world economy are estimated to fuel the growth of the global freight transport market in the years to come, which is, in turn, expected to drive the market.

Moreover, these docks are replacing old dock systems, which is, in turn, stipulated to drive the demand for the same during the forecast period.

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Floating Docks Market: Regional Market Outlook

European standard EN 1398 focuses on the quality of products during handling as well as the safety of employees. Hence, the usage of floating docks is estimated to gain significant traction over the forecast period in the region.

The Middle East Africa is expected to witness a higher CAGR by value as compared to Japan over the forecast period. Furthermore, the growing e-commerce industry in North America and the role of freight forwarding for the transportation of goods via the sea is estimated to fuel the growth of the market in the coming years.

Moreover, increasing private-public partnerships in Latin American, countries, such as Colombia and Ecuador, has resulted in the expansion of the coastal lines, which is contributing to an increase in the unit sales of these docks. Asian countries, such as India, China and Japan, are expected to witness above-average market growth owing to an increase in export and import businesses.

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Floating Docks Market: Key Market Players

Examples of some of the market participants in the global market identified across the value chain include:

• Bellingham Marine Industries
• EZ Dock, Inc.
• SF Marina Systems
• Marinetek
• WALCON MARINE AUSTRALASIA
• INGEMAR S.r.l.
• Flotation Systems Aluminum Boat Docks
• Technomarine
• Wahoo Docks

The Floating Docks research report presents a comprehensive assessment of the Floating Docks 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 Floating Docks research report provides analysis and information according to market segments such as geographies, application, and industry.

The Floating Docks report covers exhaustive analysis on

• Floating Docks Market Segments
• Floating Docks Market Dynamics
• Floating Docks Market Size
• Floating Docks Supply & Demand
• Current Trends/Issues/Challenges in Floating Docks market
• Competition & Companies involved in the Floating Docks market
• Floating Docks Technology
• Value Chain of Floating Docks market

Floating Docks 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 Countries, S. Africa, Northern Africa)

The global Floating Docks 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 Floating Docks report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Floating Docks market attractiveness as per segments. The Floating Docks report also maps the qualitative impact of various market factors on market segments and geographies.

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Floating Docks Market: Segmentation

On the basis of type, the global market can be segmented into the following:

• Concrete Floating Docks
• Metal Floating Docks
• Wood Floating Docks
• Plastic Floating Docks

On the basis of application, the global market can be segmented into the following:

• Residential
• Commercial
• Industrial

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Future Market Insights (FMI)’s upcoming research study on the global Air Pressure Sensor market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Air Pressure Sensor market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Air Pressure Sensor market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the industrial automation & equipment industry. The Air Pressure Sensor market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Air Pressure Sensor market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Air Pressure Sensor market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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Air Pressure Sensor Market: Segmentation

To analyze the Air Pressure Sensor market effectively and efficiently, the information has been segregated into key segments and sub-segments.

Key Highlights

Report Metric	Details
Base year considered	2019
Actual estimates/Historical data	2014 – 2018
Forecast period	2020 – 2030
Forecast units	Value (USD) Bn
Segments covered	Region
Market Outlook	Global air pressure sensor market to surge at a CAGR of 4% Advanced sensing technologies to drive market Asia Pacific to lead as manufacturing remains integral to growth of developing economies
Regions covered	North America, the Middle East and Africa, Europe, and Central and South America, Asia Pacific
Key Players	ABB Ltd., Analog Devices, Inc., Analog Devices, Inc., Analog Devices, Inc., Emerson Electric, General Electric, Freescale Semiconductor, Honeywell International, Robert Bosch GmbH and others
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Air Pressure Sensor Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Air Pressure Sensor market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Air Pressure Sensor market report.

Crucial Questions Answered in the Report

• Which end-use industry remains the top consumer of Air Pressure Sensor in different regional markets?
• At what rate has the global Air Pressure Sensor market been expanding during the forecast period?
• How will the global Air Pressure Sensor market look like by the end of the forecast period?
• What innovative technologies are the Air Pressure Sensor market players adopting to stay ahead of the pack?
• What are the restraints affecting the growth of the global Air Pressure Sensor market?

Key Offerings of the Report

• Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
• Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
• Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
• Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
• Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Air Pressure Sensor market

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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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