During The Forecast Period Of 2022-2029, The Global Market For Oil & Gas Valves Is Expected To Grow At A 3.5% CAGR

By the end of 2022, the market for oil & gas valves is anticipated to reach more than US$ 12.5 Bn. During the forecast period of 2022-2029, 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.

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Market for Telehandlers to Reach $6,247.6 Billion by 2030 | Future Market Insights

Future Market Insights (FMI) predicts that the global telehandlers market will increase by 4.7% annually in 2022, reaching a value of about US$ 4,210.6 Mn by the year’s end. The demand for telehandlers in infrastructure and construction development projects is increasing. Telehandlers are used by customers in the manufacturing, mineral processing, and mining industries. They have a wide range of applications and the ability to hold a variety of attachments.

The employment of telehandlers in material handling space with their versatility and safe technology is driving global sales, according to a new report by Future Market Insights (FMI). Telehandlers have evolved from basic landscaping and farming equipment to much more sophisticated construction equipment. Manufacturers of telehandlers invest heavily in R&D to develop and incorporate changes into their product line.

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Telehandlers are set to be the first machinery that can be deployed at operation sites for material handling without prior ground preparation due to the multipurpose features that allow them to perform the tasks of cranes, loaders, and access equipment in a variety of industries.

While the United States and Europe were early adopters of telehandlers, future growth will be dependent on demand from China, India, Brazil, the Gulf Cooperation Council, and countries with upcoming megaprojects.

Tech-driven performance and dependence in tandem with a total cost of ownership (TCO) possess the better value of money over long run.

End-users, seeking customized solutions at a slightly higher prices, will find value addition in telehandlers as overall machine expense and its utilization in projects will justify customers’ initial investment in the machinery.

Key Takeaways of Telehandlers Market Study

  • Worldwide sales of telehandlers to surpass US$ 6 Bn in 2030
  • Manufacturers to reap substantial gains from telehandlers having maximum lift height of 30′-60′
  •  ‘Electrification’ and ‘lightweighting’ to emerge as disruptive forces in global market
  • The US and Europe remain the most lucrative markets

“Telehandlers are equipped with an array of attachments including, jib and crane, pallet fork, tire handlers, and re-handling multi-purpose buckets, and these attachments are transforming continuously as the cab continues to explore potential application avenues,” says analyst at FMI.

COVID-19 Impact on Telehandlers Market

The COVID-19 pandemic has had immediate repercussions on the global economic order and that effect goes across every industry, including construction. Worldwide construction growth has slumped to 0.5% CAGR from the expected 3.1% for 2022.

Constructional projects have been delayed, and manufacturing operations have been ceased due to nationwide lockdowns amid the COVID-19 crisis. With steep drop in operations in construction and manufacturing sites, demand for telehandlers has been severely affected.

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Telehandlers Market – Competitive Intelligence

The global telehandlers market is highly consolidated with prominent players capturing about two-fifths of overall market value. Manufacturers are developing telehandlers armed with new features in an effort to lock in customers and achieve economies of scale. For instance,

  • JCB has rolled out its new telehandlers – Hydraload 555-210R – with rotating telescopic handler. The machine comes with maximum lifting height of 20.5 m and maximum lift capacity of 5.5 tons
  • Xtreme Manufacturing has introduced telehandlers that exhibit 17,000-pound capacity. The telehandlers are armed with the company’s novel modular cab design that allows them to be simply switched from open to enclosed, or vice versa, with an optional gear. This offers customers with enhanced flexibility while running telehandlers in several environments

To Know More About Telehandlers Market:

A new market research report published by Future Market Insights (FMI) on the global telehandlers market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2022-2030. The report examines the telehandlers market through three different segments – maximum lift height, ownership, and region.

The telehandlers market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of telehandlers and product adoption across several end-use industries.

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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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Power over Ethernet (Power over Ethernet) Controllers Market is Projected to be Appraised at US$ 437.1 Million by 2032

The market for Power over Ethernet (PoE) controllers is anticipated to be valued at US$ 437.1 million, up from US$ 287.8 million in 2022, growing at a CAGR of 4.3%.

Enabling systems to transfer power and data safely to remote devices has necessitated the need for adopting Power over Ethernet (PoE) controllers. In an Ethernet network, PoE controllers perform the function of safe data and power transference through standard data cables. 

An exclusive report by Future Market Insights reveals how the growing demand for such functions in IT-enabled businesses environments across the globe will fuel the expansion of the global power over Ethernet controllers market. The report analyses a range of factors that will exhibit a governing influence on the growth of power over Ethernet controllers sales. 

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From rising use of Ethernet devices to increasing adoption of centralized power management, several factors driving the demand for power over Ethernet controllers have been analysed in the report. 

The report serves as a credible business document that provides research study on how the global market for power over Ethernet controllers will expand during the assessment period, 2017-2027. Key findings from the report are aimed at enabling developers and manufacturers of power over Ethernet controllers to improve the features of their device offerings and tap the unexplored opportunities for business growth. 

Leading manufacturers of power over Ethernet controllers across the globe have been profiled in this report. Revenues accrued by these companies from sales of PoE controller devices have aggregated for the past years, creating a historical baseline on the expansion of the global power over Ethernet controllers market till date. The report has infused qualitative information and quantitative data for developing accurate market size estimations. 

Key Highlights of the Report 

The report consists of first-hand information derived from authentic databases and confidential interviews with industry leaders and market participants. The global power over Ethernet controllers market and its value chain has been elaborately analysed for understanding the underlying trends, macro-economics, and governing factors. 

Market attractiveness of segments is a key feature of the report and allows the companies availing this study to change their business outlook for capturing future demands for power over Ethernet controllers. 

A detailed overview of the semiconductor and electronics industry is also provided in the report. The study has also analysed the costing structure, the product pricing, and raw material sourcing strategies being widely exercised by market participants. Presence of the players across several regions has been illustrated through an intensity map. 

The study also reveals the current market standings of key players, providing a competition landscape that reveals the strategic developments of market leaders as well as niche players. 

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Power over Ethernet Controllers: Market Taxonomy 

The global market for power over Ethernet controllers has been segmented on the basis of type of controllers, their application and region. The geographical breakdown of the global power over Ethernet controllers market provides market size estimations on North America, Latin America, Asia-Pacific excluding Japan, Europe, and Middle East and Africa. 

The global power over Ethernet controllers market has been split into powered devices controllers and power sourcing equipment controllers. These devices are finding applications in building management, retail, alarm systems, hospitality, industrial automation, network security cameras, healthcare, voice & voice IP phones, and enterprise IT. 

Key Players:

  • Cisco
  • COMMSCOPE
  • euromicron AG
  • Kinetic Technologies
  • Dell
  • Monolithic Power Systems, Inc.
  • Huawei Technologies Co.
  • Broadcom
  • Microchip Technology Inc.

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Scope of the Report 

The report has been developed by employed proven and reliable research methodologies. Analysts who have compiled the report have catered to all the underlining concerns of manufacturers of power over Ethernet controllers. 

The report reveals the most-lucrative and least-attractive avenues for business growth, enabling market players to take informed decisions towards future market direction. 

Strategies can be developed by referring to the inferences provided in the report. Due to the competent knowledge provided through this study, a power over Ethernet controller manufacturer can avoid extending their spending on in-house research. 

The scope of the report is to enable these companies assess the most advantageous technologies in production of power over Ethernet controllers, and tap new opportunities for increasing their application in the global market. 

Key Segments Profiled in the Power over Ethernet (PoE) Controllers Market Survey

By Type:

  • Powered Devices Controllers
  • Power Sourcing Equipment Controllers

By Application:

  • Building Management
  • Retail
  • Alarm Systems
  • Hospitality
  • Industrial Automation
  • Network Security Cameras
  • Healthcare
  • Voice & Voice IP Phones
  • Enterprise IT

By Region:

  • North America
  • Latin America
  • Asia-Pacific excluding Japan
  • Europe
  • The Middle East and 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 2028, Air Separation Plants Will Be Worth US$7,891.1 Million- FMI

The global air separation plant market enjoys a valuation of US$ 5.9 Bn, and is projected to expand at a CAGR of 5% to attain a net worth of US$ 7.9 Bn by the end of 2028.  Strong demand for air separation plants in the healthcare industry is expected to be a prominent trend favoring overall market growth across regions.

The global market for air separation plants will reach a valuation of US$ 7,891.1 Mn by 2028, growing at a steady CAGR of 4.9 percent, with China holding the majority of the global market share in the coming decade.

Furthermore, many industrial activities are shifting toward high purity gases, which is boosting innovation in the air separation plant market. Chemical properties such as reactivity and physical properties such as density, boiling point, and vapour pressure make these gases suitable for use in a variety of industries—they are known as fuel gases, medical gases, refrigerant gases, or specialty gases depending on the industry.

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An Overview of the Global Air Separation Plant Market

A large share of the market revenue is likely to be generated by the chemical, iron and steel, healthcare, and food and beverages industries. Air separation plants are used for separating atmospheric air into industrial gases—including nitrogen, oxygen, argon, and other inert gases. Increasing demand for such industrial gases will create opportunities for the air separation plant market to grow in the coming years.

Growing emphasis on gas packaging, rapid refrigeration, and freezing technologies in the food and beverages industry is fuelling the demand for liquid nitrogen freezing. Several air separation plant manufacturers are specifically launching units for gas-related products in the food industry. Additionally, demand for medical gases and equipment like infusion pumps and continuous positive airway pressure (CPAP) devices in hospitals and private homes, will ramp up the investments in air separation plants market in the coming years.

Growing Demand for Pure Gases Augmenting Adoption of On-site Air Separation Plants

In lieu of growing demand for on-site gas generation for environmental-friendly operations, key players in the air separation plant market are catering to diverse needs of several industries looking for volume and purity, with customizable on-site production solutions. On-site air separation plant enhances energy efficiency, boosts product quality, and increases throughput. Modular configuration, designed with backup systems, and easy installation and integration are some factors pushing the adoption of on-site air separation plant technologies—offering highly reliable source of energy.

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Customized Solutions, M&A, and Divestments: Key Strategies Driving the Global Air Separation Plant Market 

Top players operating in the global air separation plant market are focussing on strategic mergers and acquisitions to expand their businesses in regions with high industrial growth. Manufacturers are also empowering end-users with innovations and digitization in air separation plants for increased operator comfort and protection. In order to meet specific customer demands in terms of gas volume and purity, market players are customizing air separation plants. For instance, Linde AG serves a major share of customers looking for customized solution owing to their worldwide presence and vast experience in engineering and operation of customized air separation plants.

However, factors such as high capital costs associated with setting up of air separation units and cyclical fluctuations in end-user markets could negatively impact the growth of air separation plants market, in terms of market volume. Mature markets of Japan are likely to reduce air separation plants deployments in the coming years.

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Pallet Trucks Market Is expanding at a CAGR of 7.5% by 2032 – Future Market Insights, Inc.

In 2022, it is predicted that the market for pallet trucks will be worth US$38.5 billion. reaching US$ 79.8 Bn by 2032, growing at a CAGR of 7.5%. In terms of product type, standard and weighing currently hold more than 71% of the market for pallet trucks worldwide.

The dynamics of warehousing and material handling are changing as a result of the growth of the e-commerce and freight & logistics sectors as a result of rising retail sales, which is driving up demand for pallet trucks.

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The annual revenue from pallet trucks globally is valued to be US$ 29,734.6 Mn by the end of 2018, which is further expected to grow at a steady pace over the years. The dominating regions, i.e. North America, China and Western Europe, collectively account for the majority share in the global pallet trucks market. These regions are likely to dominate the global market over the forecast period.

Global Pallet Trucks Market Dynamics

End users are interesting manufacturers to develop pallet trucks that are more cost-efficient and offer better operability for a wider range of applications. As a result, manufacturers are developing pallet trucks incorporated with additional features, making them safer and interactive to use along with other features, such as comfort and digitalisation. The major contribution in end-use will be created by wholesale distribution, owing to the boom in the e-commerce market.

Market players are focusing on this segment and are launching new models for warehouse specific applications. As technology continues to grow, pallet trucks will continue to become more energy efficient. In addition, innovative features that are being adopted focussing on enhancing riders’ comfort and protection will become essential components of all kinds of Pallet Trucks. The low replacement rate is expected to hinder the growth of the pallet trucks market. However, the replacement of fuel-powered electric pallet trucks is likely to gain pace in the coming years.

Global Pallet Trucks Market Forecast

Based on control, Future Market Insights suggests that the electric segment will drive the overall market as end-users will shift towards opting for environment-friendly vehicles.  Based on type, silent pallet trucks will be an attractive segment for retail stores that require low noise during operations. Among end-users, the wholesale distribution segment accounts for a significant value share. In terms of volume, the manufacturing segment is expected to grow at an attractive CAGR over the forecast period.

This China pallet trucks market will dominate the global pallet trucks market, due to the huge consumer goods market in the country. The market has huge potential in China owing to the high demand for pallets from consumer goods wholesalers, manufacturers, and transportation service providers. The Western Europe pallet trucks market will be a target market for market participants looking to penetrate the electric segment. Latin America and MEA are estimated to grow with above-average CAGRs respectively over the forecast period. South Africa is expected to hold a major revenue share in the MEA Pallet Trucks market over the forecast period.

Key Segments Covered In Pallet Pooling Industry Analysis

Control:
  • Manual
  • Semi-Electric
  • Electric
  • Diesel
  • Compressed Natural Gas (CNG)
  • Others
Product Type:
  • Standard
  • Quarter
  • Silent
  • Weighing
  • Scissor
Load Capacity:
  • Below 2000 Kg
  • 2000 – 4000 Kg
  • 4000 – 6000 Kg
  • Above 6000 Kg
End-Use Industry:
  • Food & Beverages
  • Retail stores
  • Wholesale Distributions
  • Freight and Logistics
  • Manufacturing
  • Others
Region:
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa

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Global Pallet Trucks Market Competitive Landscape

Examples of some of the market participants in the global pallet trucks market report include Toyota Industries, KION Group, Jungheingrich AG, Goscor Lift Trucks, Hyster Company, Hyundai Heavy Industries, Liftek FZC, Linde Material Handling, Thermite & Vanhalst Group, Nido Machineries Pvt Ltd, Nilkamal Limited, Pr Industrial S.r.l., Presto Lifts Inc. and others.

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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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Japan Account For 3% Of Global Transformer Monitoring System Market Share By End Of 2031

The transformer monitoring system market exhibited year-on-year growth of 10.9% in 2021, backed by increasing adoption of green transformers leading to the up-gradation of associated monitoring systems and growing emphasis on improving the reliability of the power grid. FMI states that transformer monitoring system market revenue grew by 8.5% between 2016 and 2020.

Recent years have seen an increase in electricity consumption due to rapid urbanisation and increased industrial activity. As the world moves toward smart grids for more efficient power distribution, the demand for transformer monitoring systems is expected to rise over the forecast period. According to FMI, revenue from transformer monitoring systems will increase at a CAGR of 10.1 per cent between 2021 and 2031.

The transformer monitoring system is a process-oriented system that measures quantities such as voltage and current, estimates measurement data using an algorithm, generates trends, and monitors models. During the assessment period, the introduction of internet of things (IoT)-based smart transformer technologies will boost the market growth.

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Green transformers are gaining popularity due to their low carbon footprint and high efficiency and reliability. To monitor these new transformers retrofit installations are required. Increasing renewable energy penetration and rising sales of green transformers will accelerate the demand for retrofit transformer monitoring systems in upcoming years.

According to International Energy Agency, global electricity consumption reached 22,848 TWh in 2019. China, India, Russia, and Brazil account for more than 39% of global consumption. The rise in electricity consumption in developing countries will boost market sales over the forecast period.

Top manufacturers are striving to reduce the installation cost of the monitoring system and make them more reliable and accurate. However, unpredictability in terms of regulatory policies and strained supply chain systems are the key challenges influencing the global market for transformer monitoring systems.

Key Takeaways from FMI’s Transformer monitoring system Market Study

  • North American transformer monitoring system market will exhibit stupendous growth at 10.6% CAGR through 2031, due to rapid industrialization, and the growing necessity to upgrade monitoring systems concerning transformers in U.S. and Canada.
  • The Europe transformer monitoring system market led by Germany is forecast to grow at 7.6% CAGR during the forecast period. The rise in growth can be attributed to the rising adoption of green transformers and the presence of leading manufacturers in the region.
  • The incorporation of modern monitoring systems to tackle power outages and related issues in an urban areas will drive the demand for transformer monitoring systems in India.
  • Japan and South Korea account for 3% of the global transformer monitoring system market share in 2021. The increasing need to monitor large and complex power networks and the high demand for retrofit installation are key growth drivers in these countries.
  • By product type, the software segment is projected to surpass the market valuation of US$ 277 at a CAGR of 10.3% in 2021. Advancements in big data analytics and the introduction of the internet of things (IoT) in monitoring systems will drive the market growth of this segment.

“It will be interesting to see how modernization in electricity transmission system will influence the demand for transformer monitoring system during the forecast period. The rising necessity to upgrade monitoring systems to comply with green transformers will boost the market growth in upcoming years,” says the FMI analyst.

Prominent players operating in the transformer monitoring system market are:-

  • ABB Group
  • Siemens AG
  • General Electric
  • Mitsubishi Electric Power Products Inc.
  • Eaton Corporation
  • Hitachi Ltd.
  • Qualitrol Company LLC
  • Koncar-Electrical Engineering Institute Inc.
  • Maschinenfabrik Reinhausen GmbH (MR)
  • CETT Co., Ltd.
  • Groupe Cahors
  • Camlin Power
  • MTE Meter Test Equipment AG
  • Advanced Power Technologies LLC

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More Insights on the Transformer monitoring system Market

In its latest report, FMI offers an unbiased analysis of the global transformer monitoring system market, providing historical data from 2017 to 2027 and forecast statistics for the period of 2021-2031. To understand the global market potential, its growth, and scope, the market is segmented based on by product type (hardware and software monitoring system), by application type (dissolved gas analysis, partial discharge, bushing monitoring, cooling control, and voltage regulation system), by installation type (newly installed units and retrofit units), by end-use (power transformers, distribution transformers, and other transformers), and by region (North America, Latin America, Western Europe, Eastern Europe, the Asia Pacific excluding Japan, Japan, and the Middle East & Africa)

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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Fresh Figs Market Growth, Future Prospects And Competitive Analysis 2022 to 2032

Fresh figs are the fruits of fig tree that only produce fruit once a year. Figs are native to the Mediterranean region, although they are currently farmed all over the world. The fresh figs market is valued at nearly US$ 1.4 Bn in 2022. The market is likely to grow at a CAGR of 5.3% through 2032 with a projection value of US$ 2.3 Bn.

Fresh figs are the nuts of fig trees and bear fruit only once a year. Fig is currently cultivated all over the world, but it grows naturally in the Mediterranean region.

Both fresh figs and processed fig-based products are used by manufacturers for incorporation into a variety of foods and beverages. Recently, the increasing availability of fresh organic figs has also boosted demand in developed countries.

Today, lifestyles are becoming tenser and tenser, and the prevalence of serious illnesses is very high. This has led to increased adoption of healthy diets and increased consumption of functional foods at the recommended daily intake (RDA). The health benefits of consuming fresh figs have led to their inclusion in a variety of foods and beverages, both in the home and in the processing industry. As people become more aware of the health benefits associated with them, the demand for fresh figs from the home is also increasing. In addition, growing health concerns have led consumers to look to external supplements to get the nutrients they need. This has increased the demand for functional, health-based foods such as protein bars and protein shakes, as well as the demand for fresh figs from these industries.

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Key Takeaways from Market Study

  • In 2022, the Middle East and Africa region is the largest market for fresh figs market and holds 71.2% of the market share.
  • Greece, Italy, and France are among the top 3 countries for fresh figs in Europe, collectively accounting for nearly 50% of sales.
  • As fresh figs grow only once a year in a particular season, any adverse climatic conditions could negatively affect the cultivation of this fruit, and can also affect its quality.
  • Turkey, situated in the Mediterranean region, is one of the leading fig-producing countries in the world.
  • Organic fresh figs have a higher value in the global market as compared to conventional fresh figs.

“ Tensed lives and incoming new and deadly diseases every other day has led to increased adoption of healthy diets and increased consumption of functional food with the recommended dietary allowance (RDA) which has led to increasing in demand of fresh figs ingredients common in RDA ultimately leading to the growth of fresh figs market,” says a lead analyst at Future Market Insights.

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Who is Winning?

Many CEOs re-checked their company’s portfolios and re-figured their strategy in 2020 and 2021 due to the global upheaval generated by COVID-19. Companies have worked on strategies such as marketing and packaging, adopted labels trends, and taken various steps to promote the product in different markets along with reaching new geographies.

Some of the leading companies offering fresh figs are Hadley Fruit Orchards, Inc., Roland Foods LLC, Meurens Natural S.A., FruitLips, Jiaherb, Inc., Athos Agricola S.A., Earl’s Organic Produce, Alara Agri, Isik Tarim A.S., Valley Fig Growers, Inc., Kirlioglu Figs, Yabanfood, National Raisin Company, Torres Tropical Fresh B.V.

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Future Market Insights, in its new offering, provides an unbiased analysis of the fresh figs presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

Fresh Figs Market: Segmentation

Analysis by Nature

  • Organic
  • Conventional

Analysis by Variety

  • Smyrna Figs
  • Black Figs
  • Sari Lop Figs
  • Mission Figs
  • Kadota Figs
  • Others

Analysis by Sales Channel

  • Modern Trade
  • Specialty Stores
  • e-Retailers
  • Grocery Stores
  • Wholesale Stores
  • Industrial
  • Foodservice/HoReCa

Analysis by Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • Rest of Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

  • What is the growth rate of the Fresh Figs Market?
  • What is the market’s forecasted outlook for 2022-2032?
  • What are the major industry drivers?
  • What are the key industry strategies of the global Fresh Figs market?
  • What are the major regional markets for Fresh Figs?
  • Which region consumes the highest amount of Fresh Figs?
  • What are the most common variety of Fresh Figs in the market?
  • What are the market’s major application segments?
  • What are the Key companies operating in the 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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Oil & Gas Terminal Automation Market Is Anticipated To Experience Strong Growth Due To The Rising Demand For Energy Around The World

The size of the global oil and gas terminal automation market was estimated at US$ 1258.0 Mn in 2021 and is predicted to reach US$ 1303.1 Mn in 2022. The overall demand for oil & gas terminal automation is also anticipated to increase at a 7.8% CAGR between 2022 and 2032, reaching a value of roughly US$ 2761.6 Mn by 2032 as a result of the oil and gas industry’s rapid expansion.

End users are looking for ways to increase their productivity and efficiency while still meeting customer demands as the number of terminal operations increases globally. This has increased awareness of the oil and gas terminal automation market.

Automation of oil and gas terminal processes, particularly those involving load authorization, product movement, product measurement, documentation, and reporting, involves the use of technology and systems. These solutions assist businesses in lowering costs while increasing productivity, efficiency, and safety.

During the forecast period, the oil & gas terminal automation market is anticipated to experience strong growth due to the rising demand for energy around the world and rising investments in terminal automation solutions.

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Growing concerns pertaining to cyber security and safety coupled with relatively higher initial capital investment associated with building a completely automated oil and gas terminal are likely to serve as impediments to growth of the global oil and gas terminal automation market between 2016 and 2026.

Segmentation highlights

The global oil and gas terminal automation market has been categorically divided into key market segments based on category and region. On the basis of category, the market has been segmented into software, hardware, and services segments. These in turn are divided into key sub-segments.

  • The Software category segment is projected to dominate the global oil and gas terminal automation market during the forecast period, accounting for a market share of nearly 38% in terms of value by the end of 2026. On the other hand, the hardware segment is estimated to witness a 7.0% CAGR during the forecast period to account for a market share of 33.7% in the overall oil and gas terminal automation market by 2026 end. Within the hardware segment, the HMI segment is likely to witness fast growth during 2016 –-2026.

Regional projections

The North America and Asia Pacific excluding Japan (APEJ) markets are anticipated to emerge the dominant regional markets in the global oil and gas terminal automation market throughout the assessed period. Asia Pacific is estimated to project 8.8% CAGR in the forecast period, 2016–2026. The oil and gas terminal automation market in countries in Eastern Europe is also likely to witness steady growth in the next 10 years.

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Vendor insights

The global oil and gas terminal automation market is dominated by a few top market companies such as Honeywell International Inc., Emerson Electric Co., ABB Group, Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, FMC Technologies, Inc., and Schneider Electric SE. Certain key market companies are increasingly focussing on acquiring smaller players with specialised offerings – for instance, wireless technology-based advanced systems – to better cater to the steadily growing global market demands so as to gain an edge over the competition.

Key Trends Driving the Oil & Gas Terminal Automation Market

“Rising Focus Towards Storage of Oil Creating Opportunities for the Market Participants”

Relatively slower economic growth especially in oil-consuming nations such as China, and the crude oil supply glut experienced over the recent past have driven the global average crude oil prices southwards over the same period. The initial phase of the forecast period is thus expected to be characterized by a contango situation resulting in an increased emphasis on the storage of oil across the globe. This will continue to generate lucrative opportunities for oil & gas terminal automation solution providers.

Moreover, increasing demand for natural gas, especially liquefied natural gas is expected to result in the emergence of several new terminals in North America and the Asia Pacific, among other regions

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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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Market For Robotic Lawn Mowers Will Expand 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 lawn mower are focusing on mergers & acquisitions, and partnerships to strengthen their position in market, further enhancing their product portfolio.

In terms of segmental analysis, the sales of robotic lawn mowers 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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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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Future Market Insights, Inc

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By 2029, FMI Projects That The European Wood Pellet Heating Systems Market Will Grow At A CAGR Of 3.6%.

The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors.

Wood pellets, particularly in Europe, have emerged as a viable and promising renewable energy source as a coal substitute. Wood pellets for heating and power generation are mass-produced. Because oak wood pellets contain less ash, they are commonly used for heating.

The best wood pellets for heating are made entirely of sawdust from softwoods because they produce less smoke and residue, saving time on maintenance and cleaning and preventing pollution of the environment.

In recent years, the pellets market has expanded due to increased demand from both industrial applications in large-scale power plants and small-scale applications in domestic heating systems.

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With the emergence of smart technologies and convenience trends among consumers, manufacturers of wood pellet heating systems are focused on incorporating advanced control panels and add-on features to their products to maintain innovation supremacy in the market, according to FMI’s analysis.

Rising Market Attractiveness of Nordic Countries

Italy is projected to hold a significant value share in the Europe wood pellet heating systems market due to rising prices of fossil fuels and federal environmental sustainability strategies. However, the Nordics region, followed by Benelux, is expected to project lucrative growth in the Europe wood pellet heating systems market during the forecast period of 2022-2029. Denmark’s market is estimated to be prominent in Nordics, by holding ~20% of the market value share, and is expected to remain prominent till 2029.

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Commercial Sector – Key End-use Area of Wood Pellet Heating Systems

The Europe wood pellet heating systems market has been segmented based on product, end-use, and countries such as Germany, Italy, France, the U.K., Spain, Nordics, Benelux, Russia, and the Rest of Europe.

  • Based on the product, a wood pellet stove is estimated to hold significant shares of the Europe wood pellet heating systems market in terms of value. By the end of 2029, sales of wood pellet boilers are likely to take over the stove variants.
  • By end-use, the residential sector is projected to hold a significant share of the Europe wood pellet heating systems market. Residential adoption of wood pellet heating systems is expected to be prominent across all countries, owing to the increasing inclination towards biomass heating systems, advanced technologies, and optimum efficiency of wood pellet heating systems over conventional systems. However, the usage in the industrial sector, followed by commercial, is expected to grow at a high CAGR.

Wood Pellet Heating Systems Market: Vendor Insights

The report lists some of the prominent market players, who are recognized as leaders in the Europe wood pellet heating systems market. Some of the key players in the Europe wood pellet heating systems market are Ferroli S.p.A., BioCurve, ÖkoFEN Research and Development Ges.mbH, Linea Trovata, HAAS + SOHN OFENTECHNIK GMBH, Erwin KOPPE – Ceramic Heaters GmbH, Fröling GmbH, Biotech Energietechnik GmbH, KWB – Kraft und Wärme aus Biomasse GmbH, Gilles Energie- und Umwelttechnik GmbH & Co KG, Solarfocus GmbH, Windhager Zentralheizung GmbH, Guntamatic Heiztechnik GmbH, ETA Heiztechnik, HARGASSNER GmbH, and Burkhardt GmbH.

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Key Segments of Europe Wood Pellet Heating Systems Industry Survey

Europe Wood Pellet Heating Systems Market by Product:

  • Boilers
    • 1- 10 kW
    • 10- 50 kW
    • 50 kW -200 kW
    • 200 kW -500 kW
    • 500 kW- 1,000 kW
    • 1,000kW – 5,000kW
  • Stoves
  • Fireplace
  • Biomass Gasifiers

Europe Wood Pellet Heating Systems Market by End Use:

  • Residential Wood Pellet Heating Systems
  • Commercial Wood Pellet Heating Systems
  • Industrial Wood Pellet Heating Systems

Europe Wood Pellet Heating Systems Market by Country:

  • Germany Wood Pellet Heating Systems Market
  • Italy Wood Pellet Heating Systems Market
  • France Wood Pellet Heating Systems Market
  • U.K. Wood Pellet Heating Systems Market
  • Spain Wood Pellet Heating Systems Market
  • Nordics Wood Pellet Heating Systems Market
  • Benelux Wood Pellet Heating Systems Market
  • Russia Wood Pellet Heating Systems Market
  • Rest of Europe Wood Pellet Heating Systems Market

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
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United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
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