Pre-Insulated Pipe Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

Global pre-insulated pipe sales are set to be valued at US$ 5,470.5 Mn in 2021, with a stable long-term projection, according to the latest market study from Future Market Insights, ESOMAR-certified research, and consulting firm. The report estimates the global pre-insulated pipes market to grow at nearly 5.8 % during 2021-2031. The report offers analysis in 20+ high-growth countries, providing detailed insights on pre-insulated pipes configurations and applications that are likely to evolve in the coming decade.

Demand for pre-insulated pipes increased moderately in 2020, influenced by the COVID-19 pandemic as well as developments in the end-use sectors of district heating and cooling, oil and gas, and others. However, given the possibility of economic stimulus in many countries, the market’s long-term outlook remains positive.

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Key Takeaways

  • District heating and cooling system applications will witness higher demand owing to a growing transition away from conventional electric HVAC insulation.
  • Polymer composite materials are projected to hold major market share on the back of UV and corrosion-resistant characteristics.
  • The U.S. will expand at a steady rate, driven by investments into construction projects and oil exports.
  • Germany will reflect a strong rise, displaying a 5.8% CAGR through 2031.
  • GCC countries are a high potential market driven by a lucrative and matured oil and gas sector.
  • Government investments towards smart city programs are driving notable demand for pre-insulated pipes in India.

Frequent advancements in pre-insulated pipes configurations and adoption of district heating and cooling systems in recent years has provided impetus to sales and revenue. Increasing demand from suppliers and from end-use industries are propelling growth. The use of polymer materials in pre-insulated pipes is gaining prominence in district heating and cooling systems for efficient transfer of hot and chilled water for commercial and residential applications. The requirement of the modern energy systems is witnessing a steady rise which bolsters sales prospects for pre-insulated pipes as well,” says the FMI analyst.

R&D Collaborations with Local Players Gain Ground

The pre-insulated pipes market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of district heating and cooling that meet the requirements of consumers. Collaboration with local players and developing new technology in the form of smart grid and advanced pre-insulated pipe offerings is a prime strategy expected to gain traction in the forecast period.

Competitive Landscape

The market is fragmented, with key players accounting for approximately one-fifth of the market share. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares. Some of the key players in the market are Georg Fischer AG, Uponor Corporation, Watts Water Technologies, LOGSTOR A/S, Brugg Group Ag, Polypipe Group PLC, Vital Energi Utilities Limited, Perma-Pipe International Holdings Inc., Elips – Empower Logstor, KE KELIT, etc.

  • Flexenergy supplied 50 meters of 90mm pre-insulated polybutylene pipe and 100 meters of 75mm pipe in a contract with James House in York for heating and hot water applications in July 2020.
  • GF Piping Systems announced the acquisition of a 49% 2017 stake in Canada-based piping system manufacturer Urecon Ltd., with a goal of complete acquisition which was completed in 2019.
  • Empower-Logstor Insulated Pipes Systems announced the opening of the UAEs largest pre-insulated pipe production facility for a valuation of US$ 25 million. Logstor also won a contract to supply 20 kilometers of pre-insulated pipes for Al Jaber Construction.

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Valuable Insights into Pre-Insulated Pipe Market

Future Market Insights, in its new report, presents an unbiased analysis of the pre-insulated pipe market, covering historical demand data from 2016-2020 and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the pre-insulated pipe market based on material type, has been classified into metals & alloys, and polymers. The phospholipid is also classified based on pipe configuration, installation, end-user, and region. Regionally, the phospholipid market covers North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA.

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Sea Water Pumps Market – Business Opportunities and Global Forecast to 2028 | FMI

A new market research report by Future Market Insights investigates the sea water pumps market and provides key insights for the forecast period. As per the study, the global sea water pumps market is anticipated to experience significant growth over the forecast period, due to multiple driving factors such as increase in ship building activities and rise in the number of desalination plants being set up across several geographies.

The global sea water pumps market is estimated to be valued at US$ 1.3 Bn in 2022, increasing at a CAGR of 4.3% from 2022 and 2028. Growth is also being driven by the need to replace old sea water pumps and innovation in pump technology.

Sea water pumps are large, powerful pumps that are used to transfer or circulate sea water in a variety of applications. They are increasingly being used in ship water cooling systems, desalination plants, and oil refineries.

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Key Takeaways of Sea Water Pumps Market Study

  • The centrifugal sea water pumps segment is expected to hold major share of the global sea water pumps market value as compared to positive displacement sea water pumps.
  • On the basis of end use, the ships segment is expected to hold prominent value share of the global sea water pumps market. These pumps are used in weight transfer function, firefighting, bilge pumping, and high pressure pumping an air conditioners.
  • By sales channel, offline sales channel is estimated to remain a key segment on the back of consumer preference towards customized sea water pumps.
  • Asia Pacific is projected to hold prominent market share in terms of value in the global sea water pumps market. This growth is being propelled by rapid increase in ship building in countries such as China, South Korea, and Japan. These countries hold 70% share of the ship building market.
  • However, the Middle East & Africa sea water pumps market is expected to project lucrative growth during the forecast period. This growth is attributable to increasing investments for desalination plants in the region.

“Sea water pumps are utilized in a variety of applications, ranging from ship building to desalination plants. Each of the applications has a different requirement, and therefore, enterprises are developing products as per specific demand.”

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Sea Water Pumps Market by Category

By Product:

  • Centrifugal Pumps
  • Positive Displacement Pumps

By Operation:

  • Submersible
  • Non-submersible

By End Use:

  • Ships
    • Ballast Transferring
    • Firefighting
    • Bilge Pumping
    • High Pressure Deck Washing/Engine Cooling
    • Air Conditioning
  • Desalination Plants
  • Oil Refineries

By Flow Rate:

  • 1 – 50 M3/H
  • 51 – 150 M3/H
  • 151 – 350 M3/H
  • 351 – 500 s M3/H
  • Above 500 M3/H

By Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA

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Industrial Communication Market Size, Share and Analysis Forecast Report by 2027

Various industry verticals have different requirements on connectivity solutions due to harsh environments in which they operate in. This leads companies to adopt different methods of industrial communication.

In addition to traditional wired communications between devices, the industry is increasingly relying on wireless connections.

Industrial communication is the key to greater productivity for any company as it helps the enterprise in controlling machines and entire production line, monitor modern traffic systems and control power distribution.

High performance industrial communication technology can transfer large amounts of data in real-time and with minimum delay, operates in an energy efficient manner, utilizes more wireless technology, both within plant and remote connectivity and connects a large number of individual devices in a reliable manner with data security.

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Industrial Communication Market: Drivers and Challenges

Industrial communication market has grown at an exponential rate in the past few years due to increasing adoption of industrial internet of things (IIoT).

Industrial Internet of Things connects different infrastructure and reduces operating expenses which helps drive the growth of industrial communication market.

The increased bandwidth capabilities of open networks like Ethernet is used in Internet of Things automation and smart factories to streamline maintenance in order to eliminate breakdowns.

Also, due to wide adoption of M2M (Machine to Machine) solutions for controlling power grid communications and remote monitoring of smart meters has contributed to the growth of industrial communication market.

Industrial Communication Market: Competition Landscape

Few of the companies in industrial communication market are: ABB Ltd., Emerson Electric Company, Texas Instruments Incorporated, Rockwell Automation, Inc., TE Connectivity Ltd., Advanced Industrial Automation Group, Infineon Technologies AG, National Instruments, General Electric, Siemens AG and Schneider Electric SE.

Industrial Communication Market: Regional Overview

Industrial communication market is currently dominated by North America region owing to advancements in technology and prevalence of Internet of Things market. Europe industrial communication market follows next as the region is quite well versed with latest technologies and the adoption rate of various industry verticals towards advanced technologies is high.

APEJ region is picking up pace in the industrial communication market due to growing industrialization in this region.

The report covers exhaustive analysis on

Industrial Communication Market Segments

  • Industrial Communication Market Dynamics
  • Historical Actual Market Size, 2014 – 2016
  • Industrial Communication Market Size & Forecast 2017 to 2027
  • Value Chain
  • Industrial Communication Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Industrial Communication Market Drivers and Restraints

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Regional analysis for Industrial Communication Market includes development of these systems in the following regions

  • North America
    • US
    • Canada
  • Latin America
    • Argentina
    • Mexico
    • Brazil
    • Rest of Latin America
  • Europe
    • U.K.
    • France
    • Germany
    • Poland
    • Russia
  • Asia Pacific
    • Australia and New Zealand (A&NZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • The Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

Industrial Communication Market: Segmentation

Segmentation on the basis of component:

  • Hardware
  • Software
  • Services

Segmentation on the basis of protocol:

  • Fieldbus
  • Industrial Ethernet
  • Wireless

Segmentation on the basis of application:

  • Transportation
  • Oil and Gas
  • Aerospace and Defense
  • Utilities
  • Healthcare and Medical
  • Food and Beverages
  • Manufacturing

About Future Market Insights (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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Tetracycline Market Share, Resulting In Continuous Innovation And Development In Pharmaceutical Products By The Manufacturers-FMI

The report covers various factors affecting the Tetracycline market. FMI provides in-depth insights into the market. It presents the study in a coherent chapter-wise format, interspersed with data and relevant infographics. The report adopts an analytical approach to help our clients get better understanding about the market. Our expert market research analysts in the food & beverage industry domain carries out an extensive primary and secondary research with the help of digital intelligence for optimized decision making.

FMI, in its latest Tetracycline market report, offers the bird’s eye view on the historical and upcoming growth in terms of production, consumption, volume, and value. The report is classified on the basis of key segments, sub-segments, according to the major regions and offers an in-depth analysis on competitive landscape.

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The report offers a comprehensive, discussing in details upcoming trends, opportunities and challenges that will aid the expansion of the Tetracycline market.

COVID-19 Impact Analysis on Tetracycline Market

The recent outbreak of the COVID-19 has significantly impacted the food and beverage industry. Since the pandemic and various lockdown restrictions, hotel industries had to take shelter within e-commerce industry to provide online delivery services and food to consumers.

Manufacturers have adapted the new normal of ‘take-away’ food and groceries to maintain their financial revenue in the crucial times. With the relaxation in lockdown, the food and beverages industry is expected to witness a moderate growth through 2021 and beyond.

FMI provides a detailed chapter on the impact of Covid-19 on the global Tetracycline market. This allows the established and emerging economies to understand the economic market scenario during the pandemic and benefits them in making profound business decisions through the cost-effective solutions.

Important Questions Answered in the Tetracycline Market Report

  • Which end user is expected to create lucrative growth opportunities for the global Tetracycline market?
  • How is the Tetracycline market likely to evolve in the upcoming years?
  • What are the upcoming trends and opportunities likely to prevail the Tetracycline market in the future?
  • What innovative strategies are adopted by Tetracycline market players to stay ahead of the pack?
  • Which region is expected to be the most lucrative region for the Tetracycline market?
  • What are the restraints affecting the growth of the global Tetracycline market?

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

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Tetracycline Market: Segmentation

Detailed analysis covered in the FMI’s Tetracycline market report has been classified into key segments and sub-segments.

On the basis of forms, the Tetracycline market is segmented into-

  • Capsules
  • Powder
  • Tablets

On the basis of types, the Tetracycline market is segmented into-

  • Clomocycline
  • Chlortetracycline
  • Metacycline
  • Lymecycline
  • Meclocycline
  • Chlortetracycline
  • Doxycycline
  • Others (penimepicycline, rolitetracycline, bedaquiline)

Tetracycline Market: Competitive Analysis

The latest study by FMI presents a detailed view on the market players operating in the Tetracycline market. With an in-depth analysis on positioning of prominent players as well the players emerging in the industry, the FMI offers a detailed SWOT analysis for the market players over the forecast period.

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Key players profiled by FMI in Tetracycline market includes:

  • Pfizer, Inc.
  • Lupin Pharmaceuticals, Inc.
  • Galderma S.A. / Galderma laboratories
  • Teva Pharmaceutical Industries Ltd.
  • Aptalis Pharmatech, Inc.
  • Novartis AG
  • Paratek Pharmaceuticals
  • Medicis Pharmaceutical Corporation

Significant Contributions to the Report

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

About Future Market Insights (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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Electric Sub-meter Market- New Technological Development Projecting Massive Growth till 2030

The electric sub-meter market registered sluggish growth amid the COVID-19 pandemic in 2020. Contraction in growth is particularly attributable to restrictions in production, logistics, and sales enforced by governments worldwide.

The global value of the electric sub-meter market was $9.74 billion in 2021, and it is expected to grow steadily between 2022 and 2030.

In the current market scenario, leading manufacturers are focusing on R&D activities to develop smart sub-meters for a variety of applications. Smart sub-meters help to reduce electrical leaks and power outages while also providing customers with accurate consumption data.

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Key Takeaways for Electric Sub-meter Market Study

  • Increasing consumer inclination towards smart sub-meters, owing to surging use of Internet of Technology (IoT), is anticipated to bolster market growth.
  • Conventional sub-meter manufacturers are merging with global technology providers and key market players, considering increasing traction towards smart sub-meters.
  • Governments in several countries are launching initiatives for rural electrification and installation of digital sub-meters.
  • Given noteworthy growth of the market in China, the East Asia region is projected to have a significant share in the global electric sub-meter market from 2022 to 2030.
  • The COVID-19 pandemic has put a majority of manufacturing and the supply chain of electric sub-meters on hold. As the number of infected individuals is increasing, industrial trade activities are expected to plunge significantly on a global scale, affecting the production and demand for electric sub-meters. Post containment of COVID-19 and lifting of lockdowns in developed regions, the global population would continue to follow social distancing protocols. Sales of electric sub-meters and new projects related to deployment of smart sub-meters in South East Asian countries will then pick pace.

“Manufacturers in emerging markets such as India and ASEAN countries are entering into supply agreements through tenders and new orders. Replacement of conventional electric sub-meters with novel smart sub-meters is expected to remain the key growth driver of the electric sub-meter market. In addition, manufactures are investing heavily in R&D activities in order to provide tech-driven smart electric sub-meters at comparatively lower prices, without compromising on quality.”

Electric Sub-meter Market: Competitive Landscape

Players active in the electrical sub-meter market covered in this research study are ABB, OSAKI ELECTRIC CO., LTD., Schneider Electric, Honeywell International, Landis+Gyr, General Electric, Itron Inc., Siemens AG, Xylem Inc., and Mitsubishi Electric Corporation. These key participants are looking to expand their footprints by acquiring regional manufacturers in the electrical sub-meter market.

Moreover, the global electric sub-meter market is fairly fragmented, with the presence of global as well as regional manufacturers. Market competition is anticipated to intensify due to strategic mergers & acquisitions by global market players to reinforce their business presence across continents.

Governments in countries such as Indonesia and Vietnam are walking the extra mile to enable proper electrification across their nations, and, as such, intensifying the competitive ratio in the market. Regional players in the electric sub-meter market are working towards innovating their product portfolios and reducing operational costs to provide products at lower prices.

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Find More Valuable Insights on Electric Sub-meter Market

FMI, in its new market research study, offers an unbiased analysis of the electric sub-meter market, which comprises global industry analysis of 2014–2021 and opportunity assessment for 2022–2030. The report offers complete analysis on the global electric sub-meter market through four different categories –product, phase, application and region.

The global electric sub-meter market study provides information of pricing by different life cycle analysis, product life cycle, key market trends, and technologies that are being implemented in the production of electric sub-meters, and product adoption in varied end-use industries.

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Synbiotics Are Food Ingredients Or Dietary Supplements Containing Probiotic And Prebiotics In The Form Of Synergism-FMI

Synbiotic are the mixtures of prebiotics and probiotics in the form of synergism that promotes the bacteria’s survival and growth in the gut. These bacteria are mainly present in a human body’s intestine and colon in the gastrointestinal tract. Synbiotic assist to boost the proper functioning of the stomach, which could not be accomplished in a sufficient amount by daily diet. Moreover, the intake of synbiotic offers several benefits involving improving digestive health, decreasing inflammation, and improving immune function.

Additionally, they are also used to improve nutrient absorption such as calcium, phosphorus, and magnesium, and to treat hepatic conditions. In addition, they are often used in aquaculture to stimulate the immune system to increase fish development. Synbiotics are also used in pharmaceuticals and pet foods industries, due to nutritional benefits. The increasing inclination of consumers towards nutritional supplements due to changing lifestyles and eating habits is expected to boost demand for synbiotic in the near future.

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Heightened Demand for Functional and Convenience Food Products is Boosting the Growth of Synbiotic Market:

The growing demand for functional food is attributed to the increasing demand for functional ingredients, such as Synbiotic, which offers health benefits without compromising food products’ taste or sensory quality. Synbiotic is used as a functional ingredient in food products, which has a digestion-resistant quality

Increasing consumer awareness of nutritional supplementation is expected to play a significant role in driving market in the near future. Rising demand for dietary supplements in China and India is expected to have a strong effect on the synbiotics market over the coming years due to increased awareness of the nutritional benefits of functional foods. As diet foods, the use of functional food products is increasing which appear to achieve customer satisfaction when it comes to energy and dietary requirements.

Owing to increasing awareness among consumers and increased internet penetration, Synbiotic is widely used in the food industry. It is used in the manufacturing of food products such as cereals, nutrient supplements, candies, and chocolates. Increasing use of Synbiotic in food processing industry contributes to the growth of the global Synbiotic market.

Global Synbiotic: Key Players

Some the key players operating their business in the global Synbiotic market

  • Pfizer Pharmaceuticals
  • Yakult Pharmaceuticals
  • Groupe Danone
  • Behn Mayer & Company Private Limited
  • Skystone Feed Coperative Limited
  • Sabinsa Coorporation
  • Daflorn MLM5 Limited
  • Chr. Hansen

In 2019, Pfizer Inc. and Array BioPharma Inc. have entered into a definitive merger agreement has been signed pursuant to which Pfizer acquires Array, a global biopharmaceutical company focusing on the discovery, production and distribution of targeted small molecular medicines for the treatment of cancer and other highly unmet diseases.

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Opportunities for Synbiotic market:

The rising population’s rise in health issues has increased demand for functional foods. Moreover, the development of the dairy industry in countries like India and China is also expected to fuel the growth of the synbiotic market in the coming years.

The demand for probiotics and prebiotics in functional food and beverage is continuing to increase. Speeding healthy lifestyles among consumers towards nutritional supplements is expected to play a significant role in driving market growth for synbiotics over the coming years.

Manufacturers in the nutraceutical and food & beverage industries have enhanced the strengthening of natural ingredients such as probiotics, prebiotics and synbiotics in their product selection to provide nutritional enrichment and related health benefits. The European Commission lifted quotas for manufacturing dairy products in the region in March 2015.

As a result, key players in the dairy industry in Europe are expected to expand their manufacturing capacity and thus are likely to influence market growth in synbiotics over the projected timeframe. In the coming years, technological innovation regarding the application of synbiotics in aquaculture is anticipated to accelerate market penetration.

Brief Approach to Research Synbiotic Market:

A modelling-based approach and triangulation methodology will be followed to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes

Global Synbiotics Market: Segmentation

The synbiotics market report covers the detailed analysis of the following segmentation which includes, by application, form, distribution channel and region.

On the basis of product form, global Synbiotic market can be segmented as:-

  • Powder
  • Liquid

On the basis of product application, global Synbiotic market can be segmented as:-

  • Food & Beverages
  • Pharmaceutical
  • Dairy Industry
  • Animal Feed
  • Aquaculture Farming

On the basis of distribution channel, global Synbiotic market can be segmented as:-

  • Direct/B2B
  • Indirect/B2C
  • Online Retail
  • Hypermarkets/Supermarkets
  • Convenience Store
  • Retail stores
  • Others

On the basis of region, the Global Synbiotic market has been segmented as

  • North America
  • Latin America
  • Europe Barley
  • CIS & Russia
  • Japan
  • APEJ
  • The Middle East & Africa

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Report Highlights:

  • An overview of the Synbiotic market, including background and evolution
  • Macroeconomic factors affecting the Synbiotic market and its potential
  • Market dynamics, such as drivers, challenges and trends
  • Detailed value chain analysis of the Synbiotic market
  • Cost structure of the products and segments covered in the study
  • In-depth pricing analysis, by key product segments, regions and by major participants in Synbiotic market
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
  • Analysis of the Synbiotic market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the market, including detailed profiles of the top players in this market

About Future Market Insights (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.

Contact:

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Milk Tank Cooling System Market – Major Revenue Gain is Predicted by 2029 | FMI

According to Future Market Insights (FMI) the Global Milk Tank Cooling System Market is expected to grow with a year-on-year growth of 3.2% in 2022 reaching a value of about US$ 656.7 Mn by 2022 end. Industry is implementing automation to increase efficiency and reduce labour costs. Between 2022 and 2029, the global Milk Tank Cooling System Market is expected to grow at a significant CAGR of 3.3 percent.

FMI has identified Europe as one of the most important markets. Europe leads the global market for milk tank cooling systems due to its significant dairy sector share, followed by North America. By the end of 2029, North America and Europe are expected to have a combined revenue share of 54.6 percent of the global market.

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Key Takeaways – Milk Tank Cooling System Market Study

  • Milk tank cooling systems play a vital role in the transportation of milk as the time lapse between milk collection and reaching the designated centre could result in milk spoilage.
  • As a result of the flourishing dairy business, small- and medium-sized milk farms have been incorporated into the business structure of dairy cooperatives and other big farms. This led to fluctuations in milk tank cooling system market, as small- and medium-sized players have slowly been wiped out.
  • Closed type in milk tank cooling systems is given preference, as these systems are integrated with self-cleaning and automatic temperature maintenance provisions as per the cooling stage. This has slowly led to decline in demand for open end type of milk tank cooling systems, which require manual labour for cleaning and constant supervision.
  • In terms of capacity, milk tank cooling systems within 1,000 litre capacity are widely used owing to the ease of usage and operation. As compared to the higher capacity tanks, there are less indoor/outdoor placement issues as these require reduced space.

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Milk Tank Cooling System Market: Competition Overview

The global milk tank cooling system market is highly competitive, with the presence of large number of small- and medium-sized players actively operating in the global market. Danfoss, GEA Group AG, Paul Mueller, Denso, and Packo Cooling are identified as prominent players in the global milk tank cooling system market. Adoption of automated milk tank cooling systems and association of local milk farms with dairy co-operatives are key growth strategies adopted by market participants.

What Is Covered in the Report?

The research scope of the global milk tank cooling system market has been primarily bifurcated into three segments: application, configuration and capacity. The study provides an in-depth analysis of market sizing, forecasting, and market share analysis for milk tank cooling system. The report delivers a comprehensive assessment of the important dynamics of the milk tank cooling system market. The scope of the research includes milk tank cooling systems installed in milk farms and milk processing plants.

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Asia Pacific Excluding Japan Is Projected To Account For A Significant Share In The Global Cereal Flakes Market From 2022 To 2032-FMI

Due to the changing lifestyle of people, it becomes difficult to prepare food and manage their hectic schedule for consumers. To address this issue, high fiber and protein food manufacturers are continually developing and launching the new ready to eat products.

Cereal flakes have been a regular feed for a large population globally, the product constitutes a significant part in the daily diet of consumers. Rice, wheat, and corn are among the major cereal crop used for producing the flakes. Cereal crops is anticipated to remain the prominent crop in the developing countries, owing to the consumer inclination towards ready to eat food.

Cereals flakes are either consumed plain or coated with sugar, honey, fruit flavor, malted ingredient, chocolate, and others. Furthermore, cereal flakes are available in various shape and sizes vary with the type of crop is used to produce cereal flakes.

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With the production and consumption of multicereal or multigrain flakes, new trend evolved in the food and feed industry. These multigrain cereal flakes meet the increasing demand for whole grains, and healthy cereals enriched with the fibers, minerals, vitamins, and nutrients.

Rising demand for the cereal flakes become a reason that manufacturers are expanding their product portfolio by the inclusion of nuts and other grains. Among the cereal flakes, oat flakes have gained high traction in the global market from last few years, mainly American and European countries.

Cereal Flakes Market: Dynamics

Increasing consumption of ready to eat foods is one of the prominent reason behind the escalating growth of cereal flakes market. Changing regulatory scenario has also drastically transformed the consumption of whole grain cereal flakes, especially in developed countries. The growth in the health and wellness segment in the food & beverage sector concurrently aids the growth of the high fiber and grain cereal flakes market. Organic food, high-protein food, gluten-free food, and low-sugar containing food are supporting cousins for the cereal flakes market growth.

As more and more health and wellness products for health conscious consumers are launched, there is more availability for these products on retail shelves, which encourages the development of newer whole grain and high fiber food products. This will gradually enhance consumer acceptance and help them adapt to the trend of health consciousness. As consumers are looking for the high protein and low-carbohydrate containing diets, larger demand for cereal flakes has been registered in the last few years.

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Consumers are faced with an increasing dilemma over the product identification of whole grain and high fiber foods in retail stores. Most of the purchasing of these products is canceled due to their uncertainty of the exact contents of the product, or they think that high protein and fiber claim is just another marketing gimmick. Due to the lack of bold and informative labels on the products, and absence of certifications which scientifically consent their claims, consumers are often forced to opt for other sources of dietary fibers. Lack of consumer knowledge also expected to hinder the cereal flakes market growth.

Cereal Flakes Market: Regional analysis

North America is expected to account for the prominent share in the cereal flakes market. North America countries including the U.S. and Canada are among the major consumer of cereal flakes in the morning breakfast food. Ready to eat cereals corn flakes is most popular category among the Americans. Europe countries including Germany, Spain, Poland and France among others are estimated to deliver high growth opportunities for the cereal flakes market. Increasing per capita income in the developing countries, coupled with the rising consumption of the ready to eat food such as cereal flakes.

Cereal Flakes Market: Key Market Participants

Examples of some of the key participants in the cereal flakes market recognized across the value chain include

  • Kellogg Co. Ltd.
  • CLEXTRAL
  • Cereal Food Manufacturing Company
  • Cereal Planet
  • Belourthe S.A.

The research report – Cereal Flakes presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The study on Cereal Flakes market also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Cereal Flakes market segments such as geographies, application, and industry.

The report covers exhaustive analysis on

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

Regional analysis includes

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

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

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Cereal Flakes Market- Segmentation

Cereal flakes market can be segmented on the basis of product type, and nature

On the basis of nature cereal flakes market can be segmented as

  • Traditional
  • Ready to eat

On the basis of product type cereal flakes market can be segmented as

  • Wheat
  • Barley
  • Rice
  • Maize
  • Oats
  • PopCorn
  • Rye
  • Others

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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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Loader Bucket Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

Loader buckets have been used as an attachment in material handling equipment to load the debris of solid materials from the generated site towards other places or loading in the transporting vehicles. The loader bucket market will reach US$ 3 Bn in 2022 and see a promising CAGR over the forecast period (2022 – 2029).

Growing environmental concerns are encouraging consumers to recycle and manage their waste. Recycling and waste management initiatives are critical in addressing environmental issues. Material handling equipment is essential for landfilling and other related activities. The combined efforts of the public and private sectors are expected to result in waste management success.

The market’s growth would be directly dependent on the mining and construction industries, which are expected to grow at a rate of 3 – 4 percent, respectively. Nonetheless, the market is expected to see a significant increase in demand from the waste recycling and management sector. Loader buckets are increasingly being used in these industries, with demand being driven by off-road heavy vehicles used in waste management and recycling, construction, and mining.

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Loader Bucket Market Key Takeaways

  • With healthy investments and implementation of construction projects undertaken by public and private sectors, global material handling equipment fleet and subsequent sales are expected to augment, including the sales of associated accessories and components such as bucket loaders.
  • According to the United Nations, for sustainable development, Asia Pacific would need about US$ 1.5 Tn spending on infrastructural investment, which is equivalent to 5% of the region’s GDP in 2018.
  • Observing the trends in the mining sector, it has been inferred that demand for loader buckets is expected to be generated mainly from surface/open pit mining for ferrous minerals and coal, with the Americas and Asia Pacific being major mining hubs.
  • General purpose buckets are the most recognizable loader buckets as they are capable of accomplishing versatile tasks such as dredging, mining, demolition, excavation, landscaping, landfilling, grading, and heavy lifting in harsh environments. This configuration is estimated to capture almost one-third of the global loader bucket market share.
  • Since waste management has strong linkage to many global challenges, the incorporation of waste recycling facilities in many countries such as the U.S., Germany, South Korea, and China has increased, in turn, creating substantial market space for loader buckets.

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Construction and mining sectors at present are the chief employers of bucket loaders. However, the market will witness a significant impetus from waste management sector in the near future.

The loader bucket market is estimated to be a fairly consolidated market, where market players such as Komatsu Ltd., Caterpillar Inc., and Deere & Company are expected to continue witnessing strong sales order inflow and retain their dominance throughout the forecast period.

Brief Synopsis

The construction industry is playing a pivotal role in the loader bucket market and is expected to bag high volume orders of loader buckets in the global market. Though the mining industry is in a recovery phase in Europe, the region is expected to demonstrate moderate growth in the loader bucket market, backed by favorable end-use industry dynamics and increasing concerns towards waste management. Manufacturers of loader buckets are aiming to offer low lifecycle cost and durable loader buckets.

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Building Automation Systems Market to Achieve A High CAGR Of 7.8% During Forecast Period -2031

The global building automation system market is expected to grow at a 7.8 percent CAGR during the forecast period. The increasing demand for energy-efficient facilities with enhanced security systems is driving the growth of the building automation system market. Furthermore, advances in wireless communication technologies have reduced the complexity and cost of installing building automation systems in existing structures.

According to a recent market survey conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market will be worth $44.6 billion in 2021.

Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligence, machine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market to grow at a healthy 7.8% CAGR between 2021 to 2031.

After buckling the impacts of the unprecedented COVID-19 outbreak, the global building automation systems market experienced year-over-year growth by 7.0% between 2020 and 2021.

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Building automation systems allow machines and devices to communicate with one another in order to manage and streamline daily operations in the commercial, industrial, and residential sectors. BAS sales will continue to benefit from rising tenant demand for convenience and comfort in modern residential spaces.

Aside from that, the emergence of smart cities in a number of countries is increasing demand for building automation systems. These systems improve energy efficiency, water and gas supply, lighting, temperature control, and security and surveillance in both residential and commercial buildings.

“Government-backed initiatives to encourage the development of smart buildings, coupled with post-sales assistance and services offered by market players will positively shape the demand outlook in the building automation systems market,” says the FMI analyst.

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Key Takeaways:

  • Building automation system services are estimated to dominate the product segment.
  • Sales of security and surveillance building automation systems will remain high through 2031.
  • Applications of building automation systems in commercial sector will continue gaining momentum.
  • The U.S. is expected to witness high demand for building automation systems, owing to expansions in the residential and commercial sector. FMI projects the North American market to grow at a positive 7.2% CAGR.
  • Growth prospects in the U.K. are projected to be bright, due to stringent government regulations regarding energy efficiency and conservation. The European building automation systems market is poised to expand at a 7.0% CAGR.
  • China will emerge as an attractive market, owing to government initiatives promoting the development of smart cities.
  • South Korea and Japan will collectively account for 7% of the total market share.

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Competitive Landscape

Honeywell International, Schneider Electric, Siemens AG, ABB, Johnson Controls, Plc, Delta Electronics, Inc., Eaton Corporation, Bosch Rexroth, Emerson, AVASGLO Group, Signellent Technologies (India) Pvt. Ltd., Comnatz Thailand Company Ltd, Deos AG, MCS Automation Technology Company Ltd., and Philips Lighting are some prominent players operating in the building automation systems market profiled by FMI.

As per FMI’s analysis, top 5 players in the building automation systems market comprise Siemens AG, Honeywell International, ABB, Schneider Electric, and Johnson Controls, plc, accounting for 44% of the total market share.

As per FMI’s in-depth regional analysis, the U.S. is anticipated to witness high demand for building automation systems during the assessment period. Growth in commercial sector, coupled with penetration of building automation systems in schools, universities, hospitals, and entertainment centers are estimated to fuel market growth through 2031.

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