PP Jumbo Bags Market growing at a steady 5.4% CAGR | Future Market Insights Inc.   

In 2022, it is anticipated that the market for PP jumbo bags would be worth US$6.3 billion. The market valuation is anticipated to reach US$ 8.5 Bn over the assessment period thanks to sales growth that is increasing at a steady 5.4% CAGR. Increasing demand for eco-friendly packaging options across a range of end-use industries is anticipated to support market expansion. The use of these bags has improved efficiency and effective transportation, and this trend is expected to continue in the upcoming years in the chemical and agricultural industries.

These bags are also simple to handle and store, which facilitates efficient inventory and logistics management.

Will Surging Demand for Sustainable Packaging Solutions Boost PP Jumbo Bags Sales?

PP jumbo bags are considered as eco-friendly, as the raw material used in the production of these bags is not biodegradable, but it is reusable. The production of PP materials is an environment friendly process with low carbon emissions generated.

Growing concerns regarding greenhouse gas emissions worldwide are compelling organizations to adopt these bags. The manufacturing process does not emit hazardous pollutants in the environment, making them an ideal choice for sustainable packaging solutions.

Further, general properties of these bags are lightweight, greater packing weight to packing material ratios, and reusability. These properties are environment friendly, which are not present in other packaging products such as plastic bags, which cannot be recycled and reused.

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What Is Driving the U.S. Market for PP Jumbo Bags?
The United States will continue to have high demand over the evaluation period, according to FMI, and will become a profitable market. In 2022, sales of PP jumbo bags in North America are anticipated to represent 25% of the overall market share.

The substantial presence of pharmaceutical, chemical, and agricultural industries in the United States is anticipated to support market expansion. Reusable and environmentally friendly, PP jumbo bags make it possible to transport large products efficiently.

Sales will continue to be driven by the nation’s expanding desire for environmentally friendly packaging options in the years to come. In addition, strict rules governing carbon emissions are pressuring industries to use eco-friendly manufacturing and production methods.

Competition Landscape

Leading players operating in the global PP jumbo bags market are investing in research and development to expand their product portfolios. In addition to this, players are aiming to gain a competitive edge by investing in mergers, acquisitions and collaborations. For instance:

  • In March 2018, Conitex Sonoco, a manufacturer and distributor of flexible packaging solutions, released a new customer portal to serve their flexible products division called BulkSak. The portal will enable customers to access new orders, order history, tracking and other aspects to streamline communication and distribution.

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PP Jumbo Bags Market by Category

Capacity:

  • 250 kg-750 kg
  • 750 kg-1500 kg
  • 1500 kg and above

Bag Type:

  • Type A
  • Type B
  • Type C
  • Type D

Bag Design:

  • U-Panel Bag
  • Four Side Panel
  • Baffle
  • Circular/Tabular
  • Cross Corner

End Use:

  • Chemical & Fertilizer
  • Agriculture & Food
  • Building & Construction
  • Pharmaceuticals
  • Mining

Table of Content
1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Opportunity Analysis

2. Market Introduction

2.1. Product Definition & Specifications

2.2. Market Taxonomy

3. Market Viewpoint

3.1. Global Packaging Industry Outlook

3.2. Macroeconomic Indicators

3.3. Forecast Factors

3.4. Porter’s Analysis

3.5. PP Jumbo Bags: Certifications & Standards

3.6. Cost Tear-down Analysis

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Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Dental Chairs Market is expected to rise to US$ 851 Mn by 2032 | FMI

[250 Pages Report] The global dental chair market is valued at US$ 516.5 Mn in 2022 and is expected to reach US$ 851 Mn by 2032, expanding at a CAGR of 5.1% between 2022 and 2032. According to Future Market Insights, a market research and competitive intelligence provider, global dental chair sales has increased at a CAGR of 4.9% over the last half-decade.

The improvement of technology has led in an increase in the adoption rate of dental chairs. The modern dental chair has unrivaled characteristics that assist both the dental expert and the patient in operating and remaining calm during the operation. Recently, dual-position touchpad controls have been installed on both sides of the top backrest for convenience of access. There is an option to add a unit-mounted touchpad, wireless foot control, and distant wireless touchpad to the twin touchpad controls. Advanced features are expected to drive further demand for dental chairs.

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Market growth is expected to be boosted by oral health diseases. The oral illness affects roughly 3.5 Bn people worldwide, according to the Global Burden of Disease Study, with caries of permanent teeth being the most frequent. Caries of permanent teeth affect an estimated 2.3 Bn individuals worldwide, whereas caries of primary teeth affect more than 530 Mn children. The rising frequency of oral problems is expected to raise the demand for dental examination and treatment chairs.

Key Takeaways from Market Study

Global dental chairs market is expected to witness an absolute dollar opportunity of US$ 334.6 Mn between 2022 and 2032 Among key types, powered dental chairs account for the largest share and revenue through this segment is projected to grow at a CAGR of 5.8% during 2022 – 2032 Among product type, revenue through ceiling mounted design of dental chairs is projected to witness a CAGR growth of 5.8% during the forecast period North America led the dental chairs sales worldwide with a share of over 35% in 2021

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Winning Strategy

Increased frequency of dental infections and periodontal diseases, surged need for dental care facilities, and dental surgical treatments, as well as technological improvements, are driving the growth of the dental chair market. However, the industry is expected to be hampered by high prices associated with modern dental chairs and worries about dental insurance payment. Emerging economies, on the other hand, are likely to provide considerable profit prospects for market participants due to developments in the healthcare industry.

Competitive Environment

The global dental chairs market is fragmented and tremendously competitive for major competitors. To retain their positions, key market actors are emphasizing the quality of their products while releasing new things more often.

Existing technology advancements, product development and launches, and public awareness campaigns all contribute to a more competitive climate. Some of the most well-known players in the global dental Chairs industry are as follows: Austin Dental Equipment Company (A-Dec, Inc.), Midmar, Craftsmaster Contour Equipment, Inc., XO CARE A/S, and Sirona are among the companies involved.

• In June 2019, A-dec, announced the launch of the A-dec 500 dental chair brand. The company’s customer base is expected to increase as a result of the launch.

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More Insights Available

Future Market Insights, in its new offering, presents an unbiased analysis of the Dental Chairs Market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.

The study reveals extensive growth in Dental Chairs Market in terms of Type (Powered Dental Chairs, Non-powered Dental Chairs), by Product Type (Ceiling Mounted Design, Mobile Independent Design, Dental Chair Mounted Design), by Application (Examination, Surgery, Orthodontics, Other Applications) across five regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

About FMI:

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

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Biomaterials Market is expected to reach US$ 654.4 Billion by 2032

[306 Pages Report] The global biomaterials market is expected to reach a market valuation of US$ 156.2 Billion by the year 2022, accelerating with a moderate CAGR of 15.4% by 2022-2032. Biomaterials market size is anticipated to be valued at about US$ 654.4 Billion by 2032 end.

Attributes Value
Biomaterials Market Size (2022) US$ 156.2 Bn
Biomaterials Market Projected Size (2032) US$ 654.4 Bn
Biomaterials Market Value CAGR (2022-2032) 15.4%

The demand for implantable devices is expected to rise as the incidence of cardiovascular disorders, orthopedic replacements, arthritis, and sports injuries increase. Chronic health issues are also brought on by poor habits, inactivity, and an ageing population.  This is changing the biomaterials market outlook.

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As per the biomaterials market analysis, over the past few years, biomaterials have become more in demand and used in a variety of medical applications. Numerous government agencies and academic institutions have offered their assistance by way of investments, finances, and grants to advance study into the creation of innovative biomaterials.

The biomaterials market study indicates that the devices made of biomaterials must go through a rigorous clinical and regulatory process to assure their effectiveness and quality. Because of this, the biomaterials market participants are reluctant to invest in this market. These are the elements that are anticipated to limit the biomaterials market expansion over the prediction period.

The demand for biomaterial-based implants is anticipated to increase due to the increased prevalence of musculoskeletal and chronic skeletal medical disorders, which will fuel biomaterials market expansion. The growing elderly population, who are at a higher risk of osteoarthritis, osteoporosis, and other musculoskeletal problems, is another factor driving up demand for orthopedic implants.

During the anticipated period, the biomaterials market in emerging nations is anticipated to expand significantly. This is mostly due to the growing patient population, rising implanted device usage, more CVD awareness, rising disposable income, improved healthcare infrastructure, and the existence of less strict regulatory rules (in comparison to developed countries) in these countries.

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Key Takeaways from Market Study

  • Due to the broad range of product applications, the polymer product category led the biomaterials market in terms of revenue in 2021 with a share of 28.2 percent and is predicted to maintain its dominance throughout the forecast period.
  • With a revenue share of 23.0 percent in 2021, the orthopaedic application segment dominated the biomaterials market in terms of revenue.
  • Due to the rise in aesthetic surgeries and the use of biomaterials during these operations, the plastic surgery application segment is anticipated to expand significantly over the next several years increasing the sales of
  • Because of several public and private organisations’ initiatives, North America dominated the biomaterials market and had the highest revenue share of 38.2 percent in 2021.
  • During the anticipated period, Europe is anticipated to hold the second-largest biomaterials market share. Market expansion in the region is largely due to key companies launching more cutting-edge items on the market.

Competitive Landscape

The main methods used by the prominent companies to maintain their biomaterials market dominance are the expansion of product portfolios through various new product developments and inorganic growth through acquisition, mergers, and partnerships. Additionally, a focus on strategically growing their global footprint through a network of global distribution channels is expected to provide them a strong foothold in the biomaterials industry.

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Recent Developments in Global Polycarbonate Market

In order to meet the unique requirements and demand for care in ambulatory surgery centres (ASCs) and office-based laboratories, Medtronic and GE Healthcare established a partnership in April 2022. (OBLs). As a result of this new agreement, customers will have access to a wide range of products, financial solutions, and excellent support.

A biomanufacturing platform is being developed by US-based startup Transfoam. The startup’s bioprocess turns plastic waste into totally biodegradable polyhydroxybutyrate using engineered microorganisms (PHB). After disposal, PHB only leaves a small amount of carbon dioxide and water behind. It also has characteristics with conventional single-use plastics. As a result, producers are better equipped to replace single-use plastics and lessen environmental damage, which helps with the shift to a circular economy.

Key Players :

  • Medtronic plc
  • Evonik Industries AG
  • Carpenter Technology Corporation
  • Berkeley Advanced Biomaterials
  • Invibio Ltd.
  • Zimmer Biomet Holdings, Inc.
  • BASF SE
  • Covalon Technologies Ltd.
  • Stryker
  • Johnson & Johnson
  • Dentsply Sirona
  • CoorsTek Inc.
  • Corbion

Biomaterials Market by Segmentation

By Product:

  • Metallic
  • Natural
  • Ceramics
  • Polymers

By Application:

  • Cardiovascular
    • Sensors
    • Stents
    • Guidewires
    • Implantable Cardiac Defibrillators
    • Pacemakers
    • Vascular Grafts
    • Others
  • Ophthalmology
    • Synthetic Corneas
    • Intraocular Lens
    • Contact Lens
    • Ocular Tissue Replacement
    • Others
  • Dental
    • Tissue Regeneration Materials
    • Dental Implants
    • Bone Grafts & Substitutes
    • Dental Membranes
    • Others
  • Orthopedic
    • Joint Replacement Biomaterials
    • Orthobiologics
    • Bioresorbable Tissue Fixation Products
    • Viscosupplementation
    • Spine Biomaterials
    • Others
  • Wound Healing
    • Fracture Healing Device
    • Adhesion Barrier
    • Skin Substitutes
    • Internal Tissue Sealant
    • Surgical Hemostats
    • Others

About FMI:

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

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Transcatheter Mitral Valve Market is projected to reach a valuation of US$ 933.9 Mn by 2022 | FMI

[250 Pages Report] As per the latest industry analysis by Future Market Insights, valuation of the global transcatheter mitral valve market was around US$ 831.1 Mn in 2021 and is projected to exhibit a CAGR of 13.5% over the forecast period. The market is expected to reach US$ 3.3 Bn in 2032.

Following the success and widespread use of transcatheter aortic valve replacement (TAVR), physician-investigators have turned their attention to percutaneous replacement of a diseased mitral valve (MV).

Attribute Key Statistics
Global Transcatheter Mitral Valve Market Estimated Size (2022E) US$ 933.9 Mn
Projected Market Valuation (2032F) US$ 3.3 Bn
Value-based CAGR (2022-2032) 13.5%
Collective Value: Top 5 Countries (2021E) 80.1%

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However, while transcatheter aortic valve replacement (TAVR) has already established itself as the gold standard for treatment of aortic stenosis (AS) in patients who are at high risk for conventional surgery, transcatheter mitral valve replacement (TMVR) is yet to reach the same level.

MV disease is more frequent than AS, and surgical treatment for degenerative mitral regurgitation is still considered to be the gold standard. TMVR may evolve as a promising treatment alternative for patients with high surgical risk who are denied surgery and for whom medical therapy is insufficient.

Transcatheter mitral valve repair is a rapidly developing field that has the potential to be embraced as a viable alternative to surgery among certain patients. The targeted section of MV apparatus helps to recognize TMVR devices.

Need to transform a transapical treatment to a fully transcatheter (transfemoral and transeptal) procedure is set to surge in the upcoming decade on the back of rising number of preclinical programs under development.

Transcatheter therapies will need to follow stringent indications due to strict patient selection criteria for each device or use multiple procedures in a single repair process for severe MV disease to attain outcomes comparable to open surgery in degenerative mitral regurgitation.

Owing to the above-mentioned factors, the global transcatheter mitral valve market is set to gain traction among industry players.

Key Takeaways: Transcatheter Mitral Valve Market

  • By product, the transcatheter mitral valve repair segment held approximately 4% of share in 2021 and is anticipated to lead in 2022-2032.
  • Based on indication, the mitral regurgitation segment generated a transcatheter mitral valve market share of around 1% in 2021.
  • By end user, the hospitals segment is expected to dominate the transcatheter mitral valve market with a projected CAGR of 6% during the forecast period.
  • North America transcatheter mitral valve market generated a share of around 9% in 2021.
  • Germany held a market share of about 2% in 2021 and is likely to remain at the forefront in the Europe transcatheter mitral valve market.

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“Development of unique transcatheter mitral valve products and growing advancements in the field of degenerative mitral regurgitation are expected to push the global transcatheter mitral valve market in the forecast period,” says an analyst of Future Market Insights.

Competitive Landscape: Transcatheter Mitral Valve Market

The transcatheter mitral valve market is consolidated with the presence of various established players across the globe. Key players are enforcing clinical evaluations of pipelined products to strengthen their market positions. They are also investing huge sums in research and development activities to generate more revenues in the global market.

  • In March 2022, Edwards Lifesciences received approval from the U.S. Food and Drug Administration (FDA) for its MITRIS RESILIA valve. It is a tissue valve replacement which is specifically designed for the heart’s mitral position.
  • In April 2020, Abbott received the CE Mark approval for its Tendyne Transcatheter Mitral Valve Implantation System and TriClip Transcatheter Tricuspid Valve Repair System under its structural heart device portfolio.

More Valuable Insights on Transcatheter Mitral Valve Market

Future Market Insights offers a unique perspective and actionable insights on the transcatheter mitral valve market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on product (transcatheter mitral valve replacement and transcatheter mitral valve repair), indication (mitral stenosis and mitral regurgitation), and end user (hospitals, ambulatory surgical centers, and cardiac catheterization laboratories) across seven key regions of the world.

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Transcatheter Mitral Valve Market Outlook by Category

By Product:

  • Transcatheter Mitral Valve Replacement
  • Transcatheter Mitral Valve Repair

By Indication:

  • Mitral Stenosis
  • Mitral Regurgitation

By End User:

  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Laboratories

About FMI:

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

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Dental Implantology Software Market is expected to enjoy a valuation of US$ 214.2 Mn by the end of 2022

[190 Pages Report] According to Future Market Insights (FMI), the dental implantology software market is predicted to grow owing to the need for faster and easier implant process. This software makes the process cheaper by reducing the time the patient needs to spend in surgery and allows the dental team to analyze all procedures before the surgery.

With a prior analysis, the dental team can make better decisions for the patient’s recovery to reduce post-surgery complications. Using dental implantology software, the dentist can more correctly by taking 3D scans and putting them into dental planning software. Hence, the demand for dental implantology software will experience significant growth during the forecast period from 2022 to 2032 in the world.

As per Future Market Insights, the global dental implantology software market was around US$ 208.7 Mn in 2021 and is projected to exhibit a CAGR growth of 2.7% over the forecast period, with an estimated valuation of US$ 278.2 Mn in 2032.

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The dental implants are used in cosmetic and aesthetic dental surgeries. Dental implants are used to fill in the gap left by a missing tooth, which leads to higher chances of other dental disorders. Hence, the demand for dental implantology software will increase with growing awareness regarding the oral health and rising demand for cosmetic dentistry across the globe.

Attributes Key Statistics
Dental Implantology Software Market Value 2021 US$ 208.7 Mn
Expected Market Value 2022 US$ 214.2 Mn
Forecast Market Value 2032 US$ 278.2 Mn
CAGR 2022-2032 2.7%
Market Share of Top 5 Countries 47.8%

Key Takeaways from Market Study

  • Design software is the leading segment as a product, and held approximately 0% of sales in 2021.
  • Dental clinics are the leading end user segment of dental implantology software with a market value share of around 4% in 2021, owing to the large number of patients visiting dental clinics for tooth replacement.
  • North America is considered the leading region with a value share of 3% in 2021, owing to the high prevalence of dental caries in the U.S.
  • Europe is expected to be the second-largest dental implantology software market owing to the improved healthcare infrastructure and technological advancements in the U.K.

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“Faster recovery rate due to better screening of dental diseases will lead to enhanced patient satisfaction. This is set to propel the sales of dental implantology software across the globe,” says an analyst of Future Market Insights.

Market Competition

Key players in the dental implantology software market are strengthening their presence by collaborating with key players in Asia Pacific market. They are also expanding their product offerings by launching new products in the market.

  • In March 2022, exocad announced its expansion in South Korea by relocating its Asia headquarters to Seoul, South Korea.
  • In September 2021, Materialise launched a dental module for Magic’s. It is an automating 3D printing preparation in dental labs.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the dental implantology software market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (planning software and design software), by end user (hospitals, dental clinics, ambulatory surgical centers, and academic & research institutes), across seven key regions of the world.

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Key Players :

  • Dentsply Sirona
  • Dental Wings Inc.
  • Blue Sky Bio
  • PLANMECA OY
  • exocad GmbH
  • Institut Straumann AG
  • ImplaStation
  • Materialise
  • Reconstruction 3D
  • DTX Studio suite (Envista)
  • GuideMia Technologies Inc
  • Zuub Inc.

Key Market Segments Covered in Dental Implantology Software Industry Research

By Product:

  • Planning Software
  • Design Software

By End User:

  • Hospitals
  • Dental Clinics
  • Ambulatory Surgical Centers
  • Academic & Research Institutes

About FMI:

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

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By 2032, Market For Telescopic Masts Is Expected To Reach $603.1.1 Million – FMI

Global sales in the telescopic masts market are projected to be valued at over US$ 374.0.8 Mn in 2022, expanding at a 4.9% CAGR over the forecast period.

According to Future Market Insights (FMI), increasing usage of telescopic masts in the military sector is driving the market. Military vehicles are equipped with small portable telescopic or pneumatic masts for effective surveillance, which is expected to augment the growth in the market. The increasing development of innovative technologies by manufacturers is boosting sales of pneumatic telescopic masts, thereby fueling sales in the global telescopic masts.

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Pneumatic telescopic masts are used with the help of air pressure and erect faster than conventional or mechanical telescopic masts, which makes them more popular among end users.

The growing requirement for telescopic masts from commercial, military, security, municipal and others sector is anticipated to bolster demand in the telescopic masts market over the forecast period.

“Increasing investments in the military sector across the globe, along with increasing adoption of pneumatic and motorized telescopic masts will continue driving sales in the market over the forecast period,” says the FMI analyst.

Key Takeaways:

    • By end-use, the military sector is forecast to hold over 39% of the total market share in terms of volume in 2022.
    • Based on product type, sales in the push-up telescopic masts segment are expected to hold over 28% of the total market share.
    • By load, demand in the medium duty segment is set to surge at a 4.3% CAGR over the forecast period.
    • In terms of height, demand in the >15 to 34m segment is expected to reach US$ 267.3 Mn by 2032.
    • Sales in the U.S. telescopic masts market are projected to grow year-over-year by 3.9% in 2022.
    • The Germany telescopic masts market is forecast to grow at a 3.3% CAGR through 2032.
    • China will emerge as a lucrative market, with sales growing at a 4.4% CAGR over the forecast period.

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Competition Landscape

The global telescopic masts market is moderately consolidated with key players accounting for around more than 40% of the market share. Key players are investing in product developments and the expansion of their distibution channels to improve their presence in the market.

Some of the key players in this industry include the RATT, Willburt, Mast System (Transdigim Inc.), Rohn Products Inc, Comrod Communication Group Marine, SERAPID Inc., and others

Find More Valuable Insights

The research report analyzes demand for telescopic masts. The global telescopic masts market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of product types (push-up masts, hitched masts, integrated mast trailer, push button masts and cable/belt driven masts), load (light duty, medium duty, and heavy duty), height (up to 15m, 15-34m, and 34 to 50m), end use (commercial, military, security, and municipal) and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand factors.

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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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Robotic Lawn Mower Sales Are Expected To Grow Steadily At A CAGR Of More Than 11.5 Percent

According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031). Some of the leading robotic lawnmowers are focusing on mergers & acquisitions, and partnerships to strengthen their position in the market, further enhancing their product portfolio.

In terms of segmental analysis, the sales of robotic lawnmowers are expected to remain concentrated to residential end use; nevertheless, sales in the commercial segment are projected to witness hefty growth over the coming years.

E-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot, etc.

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Key Takeaways of Robotic Lawn Mower Market Study

Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period.

Demand in the Europe-based consumer market has grown rapidly in recent years and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation.

GPS and Bluetooth-enabled robotic lawn mowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawn mowers.

“There is significant potential in the long run as far as robotic lawn mowers are concerned for lawns in commercial areas, sports fields, hotels, and parks. Thus, companies in the market are positioning themselves to enter the professional/commercial market where requirements for technology and reliability are even higher

Robotic Lawn Mower Market: Competitive Landscape

The global robotic lawn mower market is significantly consolidated, with a few players holding a prominent share of nearly 50% in the market space.

Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others.

Moreover, to win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & Pacific.

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Find More Valuable Insights on Robotic Lawn Mower Market

FMI, in its new research report, offers an unbiased analysis of the global robotic lawn mower market, presenting forecast statistics for the period of 2021-2031.

The report reveals insights on the robotic lawn mower market, and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the robotic lawn mower market value chain.

Readers can also find key trends and market growth scenarios based on working area, end use, sales channel, and regions such as North America, LAMEA, South East Asia & Pacific, and Europe.

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Commercial Refrigeration Equipment Market – Commercial Refrigeration Equipment Market By Product Type (Beverage Refrigerators, Freezers & Refrigerators, Transportation Refrigerators, Glass Door Merchandizers, Display Cases, Beverage Dispensers, Refrigerated Vending Machines, Ice Machines, Ice Cream Machines) & Region – Forecast 2022 – 2028

Solar Micro inverter Market –  Global demand for solar microinverter is expected to be at a CAGR of 18.1% from 2022 to 2032, reaching a valuation of US$ 5,716.0 Mn by 2032.

High Pressure Processing Equipment Market – The global high-pressure processing equipment market size is anticipated to surpass the value of USD 430 Mn while recording a CAGR of 12.3% in terms of volume from 2016 and 2026, and at a value CAGR of 13.7% during the same time period.

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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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Demand Is Expected To Rise At A CAGR Of 8.9% In The Global Industrial Robot Controller Market – FMI

As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029.

As in line with the findings of the document, the global commercial robot controller market is anticipated to peer significant boom over the forecast length, set in movement by means of growth within the adoption of Human device interaction (HMI), records & cloud abilities boosting hardware manipulate, and optimization of industrial robot value.

Market gains have further been underpinned by high growth in automotive and electronic & semiconductor industry- the two big demand generating sectors in in the industrial robotics landscape.

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East Asia’s Industrial Robot Controller Market Set for Incremental Growth

According to the recent studies, while South Korea remains a prominent country in the robot per 10,000-employees’ ratio, China is projected to witness a see monumental growth. India being a fast-growing economy is expected to contribute a fair share in the industrial robot controller market during the assessment period, for the fact that industrial ecosystems of India are on the brink of a massive makeover.

Japan also commands a significant share in the industrial robot controller market, owing to the high penetration rate of automation in the country. Rapid transition of these countries towards robotic automation is further creating new opportunities for adoption of robotic controllers, thereby making East Asia a lucrative region for the industrial robot controller market players.

Software Based Technology Advancements and Cost Optimization Merging

Key players active in the industrial robot controllers market will benefit from the growing preparedness of industrial ecosystems for the impending ‘fourth industrial evolution’ and its after effects. Smart components and software’s such as sensors and controllers are the future of automation; industrial robot controller is one of the competence for robot manufacturers as all the electromechanical systems needed to be controlled.

Over the forecast years, human machine interaction is expected to be a growing trend that aims to bring robot and human anatomy closer. simultaneously, bridging the gap between a robot and control system.

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Industrial Robot Controller Market by Category

By Axis Type:

  • Single Axis
  • Four Axis
  • Six Axis
  • Other Axis

By Robot Type:

  • SCARA Robot
  • Delta Robot
  • Cartesian/Gantry Robot
  • Articulated Robot
  • Collaborative Robot
  • Dual Arm Robot

By Region:

  • Americas
  • EMEA
  • South Asia & Pacific
  • East Asia

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The report highlights some of the prominent market players, who have established themselves as leaders in the global industrial robot controller market. The global industrial robot controller market is significantly dominated by some players holding prominent shares of the market. Tier-1 players are joining forces with IoT platform based companies in order to achieve the ongoing trend of intelligent automation thereby gaining a competitive edge over its peers.

Production innovation and holistic developments will continue to be the key area of focus for manufacturers operating in the industrial robot controllers market, which is highly instrumental for their long-term growth. In addition, strategic collaborations such as mergers and acquisitions will also be of high importance for the market players to sustain growth via shared resource pools and combined technical expertise.

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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 7-years.

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Sales In The North America Underground Mining Equipment Market Are Projected To Hold 12.7% Of The Total Market

In 2022, it is anticipated that the market for underground mining equipment will be worth US$15.9 billion. Market valuation is anticipated to reach US$ 18.8 Bn in 2029, with sales increasing at a steady 2.4% CAGR.

Sales in the market are predicted to increase as the oil and gas industry expands. Sales are expected to increase in the coming years as a result of technological developments in autonomous equipment for both soft rock mining and hard rock mining.

Additionally, growing demand for hybrid and electric underground mining equipment to increase productivity and safety in underground mines will continue to fuel the market’s expansion over the course of the assessment period.

Surging Demand for Automation in the Mining Sector will Boost Sales of Mining Screening Equipment

Due to the high demand for technologically advanced underground mining equipment for increased productivity, the U.S. is anticipated to dominate the North American market during the forecast period. In 2022, sales in the underground mining equipment market in North America are anticipated to account for 12.7% of the overall market share.

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According to the U.S. Energy Information Administration, 22 states in the region produced 535 million short tonnes of coal in 2020. In 2020, the production of coal in five states—Wyoming, West Virginia, Pennsylvania, Illinois, and North Dakota—accounted for 71% of the nation’s total output.

In the United States, coal mining is a declining industry. However, recent efforts to restore underground coal mines are boosting the market for new mining equipment. Manufacturers are responding by releasing cutting-edge equipment, which is predicted to increase sales in the upcoming years.

China Underground Mining Equipment Market Remain Lucrative

“Expansion of the Oil & Gas Industry is Spurring Demand for Mining Gas Detection Equipment”

With rising sales of hydraulic mining equipment, China is anticipated to dominate the East Asian market during the assessment period. According to FMI, the market for underground mining equipment in East Asia is anticipated to account for 43% of the overall market share in 2022.

Sales in the market are anticipated to increase in response to the rising demand for safety in China’s gold mining exploration. Additionally, the country’s rising coal consumption is driving up coal mining sector sales, which is anticipated to accelerate market growth over the course of the forecast period.

How Will the Growth Unfold in the U.K. Underground Mining Equipment Market?

“Technological Advancements to Bolster Sales of Hard Rock Mining Tools”

According to FMI, sales of underground mining equipment in Europe are anticipated to make up 24.6% of the overall market share in 2022, with the U.K. emerging as a profitable region within Europe.

An increase in attention to security and safety issues in underground mines can be attributed to growth. Additionally, in order to protect miners and lower emissions, underground gas detection systems are in high demand due to stringent regulations regarding harmful emissions in the industrial sectors.

Additionally, the introduction of telematics in the mining industry is anticipated to be positive for the market’s expansion during the assessment period.

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Underground Mining Equipment Market By CategoryProduct Type: 

  • Mining Loaders
  • Mining Trucks
  • Mining Drills
  • Mining Bolters
  • Mining Shearer
  • Continuous Miners
  • Mining Excavators & Shovels
  • Mining Scalers

Mining Technique:

  • Soft Rock Mining
  • Hard Rock Mining

End Users:

  • Mining Operators
  • Rental Service Provider

Region:

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

Leading players operating in the global underground mining equipment market are investing in research and development to integrate connective technology into their products to improve sales. In addition to this, players are aiming to gain a competitive edge through mergers, acquisitions, and collaborations. For instance:

  • In January 2022, Swedish mining equipment company Epiroc launched a drilling software known as Mobius for Drills. The software is integrated with artificial intelligence (AI) to consolidate and analyze data from sensors to help operators in real-time decision-making.

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Submersible Pump Market – As per a recent analysis by Future Market Insights (FMI), sales of submersible pumps are expected to increase at 5.1% CAGR between 2021 and 2031.

Industrial Air Compressor Market – The global industrial air compressor market is expected to be valued at US$ 33.3Billion in 2022. With the increasing use in end-use industries the demand for industrial air compressors is projected to grow at a CAGR of 3.8% between 2022 and 2032

Industrial Automation Market – The global Industrial Automation Market is expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 77 Bn by 2032, up from US$ 36 Bn in 2021.

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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The Global Market For Oil & Gas Valves Is Expected To Grow At A 3.5% CAGR

Future Market Insights’ (FMI) market study titled, ‘Oil & Gas Valves Market: Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029’, analyses the global oil & gas valves market, and provides an in-depth analysis on the forecast period of 2019-2029.

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Downstream Applications Contributing a Major Share to Oil & Gas Valves Market

By product type, the global oil & gas valves market has been segregated into gates, globes, balls, butterflies, checks, PRVs, and others. The gate type of oil & gas valves are estimated to continue recording a high market value share throughout the projected period, while recording a high CAGR simultaneously.

With respect to the different sizes of oil & gas valves, the oil & gas valves market has been segmented into 0.25 to 8 inches, 8 to 20 inches, and above 20 inches.

By the end of the year 2029, the 0.25 to 8 inch-sized oil & gas valves segment is estimated to hold more than half of the global oil & gas valves market share.

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With regards to application, the global oil & gas valves market has been segregated into upstream, midstream, and downstream applications. The downstream applications of oil & gas valves are estimated to contribute the most to the market size of the global oil & gas valves market.

Rising Energy Need and Multiple Oil and Gas Projects in Pipeline Accelerate Market Growth in Developing Countries

Among all the regional markets, the oil & gas valves market in North America is estimated to account for over one-fourth of the global oil & gas valves market share throughout the forecast period, due to continuous advancements in the North American oil & gas and shale industry.

With a booming oil & gas industry in the Western Africa and Northern African countries, the oil & gas valves market in the Middle East & Africa is estimated to record the second-largest market share throughout the forecast period.

The oil & gas valves market in China, India, and Brazil are estimated to be emerging markets due to the growing energy needs, new oil & gas projects, improved economic conditions, and continuous industrialization and urbanization in these countries.

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The oil & gas industry is extremely competitive, due to the high presence of established market players. This, in turn, makes the oil & gas valves market fairly fragmented.

Leading market players in the oil & gas valves market are very well-established across all the regional markets.

Some of the key vendors in the global oil & gas valves market are Emerson Electric Co., CIRCOR International Inc., Schlumberger Limited, PARKER HANNIFIN CORP, Weir Group Plc., Metso Corporation, and BHGE (BAKER HUGHES, a GE Company), among others.

Key vendors in the oil & gas valves market must focus on investing in research and development-related projects, particularly in emerging markets such as China, Brazil, and India.

Commercial Refrigeration Compressors Market: Vendor Insights

The report highlights some of the main companies that are operating in the global commercial refrigeration compressors market, such as Emerson Electric Co., HUAYI COMPRESSOR CO., LTD., Mitsubishi Electric Corporation, LG Electronics, Inc., The Danfoss Group, Panasonic Corporation, BITZER SE, GEA Group AG, Frascold S.p.A., Fusheng Co., Ltd., Nidec Corporation, Midea Group, Officine Mario Dorin S.p.A., Johnson Controls – Hitachi Air Conditioning, and Tecumseh Products Company LLC.

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 7-years.

Contact Us:

Future Market Insights, Inc
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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