Market Research Blog – Page 10896 – New Product Development

Global Bulk Terminals Market In Asia Pacific Excluding Japan (APEJ) Continues To Offer Lucrative Growth Opportunities Over Following Decade | FMI

Analysts at Future Market Insights (FMI) have estimated that global minor bulk traded has expanded up to 1.74 billion tons. Bulk terminals play instrumental role in industrial infrastructure, wherein they ensure safe and efficient movement of critical resources. Despite current downturns in global seaborne trade due to COVID-19 pandemic, the global minor bulk trade has expanded considerably.

According to the FMI report, steel and forest products account for 43 percent of minor bulk trade. Furthermore, metals and minerals have captured around 37%, followed by agricultural products, which account for 20% of minor bulk trade.

Dynamic markets that drive raw material demand necessitate operators and owners supplementing the effectiveness and flexibility of their high-investment bulk assets. Advanced supply chains emphasise the long-term penetration of the digital ecosystem and the automation of manufacturing methods.

Agricultural yield is concentrated primarily in countries such as the United States, Argentina, Brazil, China, and India, which account for more than 34 percent of export and import of several grains as minor bulk commodities.

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Bulk Terminals Market Size Study

Sales of bulk terminals to remain stable over forecast period, 2020-2030
Dry bulk continues to generate greater total returns to shareholders (TRS)
Nearly 190 terminals were under expansion worldwide in June 2019, with additional 49 under construction
Markets in Europe and North America to generate relevant value through 2030

“Majority of global trades are performed through coastal routes, as such, proper functioning of maritime transport is quintessential in overall progress of countries participating in global trade. Port operation accents for heavy investments in manpower and equipment. Consequently, various countries are embracing Public-Private Partnership (PPP), wherein operations and management duties are outsourced to private firms, while respective governments own certain land and assets,” says analyst at FMI.

COVID-19 Impact on Bulk Terminals Market

Due to strict lockdown measures, the COVID-19 pandemic is causing massive supply chain disruptions in the bulk terminals market, particularly in Asian supplier regions. Such stringent measures have resulted in a labour shortage – truck drivers and labourers – at port terminals.

Furthermore, the market is suffering from a lack of transportation facilities such as. According to studies, the number of trucks and containers dropped by about half due to a decrease in the number of trailers and a lack of drivers. This has slowed transshipment operations at terminals even more.

Because of growing concerns about worker safety, several end-use industrial operators have temporarily halted manufacturing processes, reducing demand for bulk terminals. Upgrading automation capabilities will be critical for staying afloat during the COVID-19 crisis.

Bulk Terminals Market – Competitive Intelligence

Leading players in global bulk terminals market are focused on inorganic growth strategies such as mergers and acquisitions (M&A) as well as contracts in order to boost theor market presence. Case in point,

Ultramar Group has entered into transshipment collaboration with Acron Group to transship over 1.2 million tons per year (tpy) of mineral fertilizers.
Noatum Maritime has taken over multi-purpose bulk terminal business from Noatum Ports.
Teck Resources and Westshore Terminals have entered into an agreement for new throughput contract for export of metallurgical coal beginning in April 2021. The contract will witness 5-7 million mt of metallurgical coal exported from April through December 2021.

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To Know More About Bulk Terminals Market:

A new market research report published by Future Market Insights (FMI) on the global bulk terminals market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the bulk terminals market through two different segments – bulk type, and region. The bulk terminals 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 barcode printers and product adoption across several end-use industries.

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With A Market Share Of 28.5%, North America’s Commercial Refrigeration Equipment Market Dominates Between 2022-2028

As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration devices will progress at a moderate CAGR over 2022 – 2029. Sustainable and electricity-efficient refrigeration structures are set to emerge as a norm throughout the end-use industries, which ought to compel manufacturers to boom their investments in R&D and product innovations.

With sales of commercial refrigeration equipment enjoying Y-o-Y growth of 3.9% in 2022, the market is expected to be worth US$ 51.8 Bn by the end of the year. The global commercial refrigeration equipment market is anticipated to reach a valuation of US$ 68.3 Bn by 2028 while progressing at a CAGR of 4% (2022-2028).

Leveraging power-green technologies to offer low global warming capacity (GWP) merchandise with wealthy functionalities will be the price tag to capturing vast marketplace proportion ultimately.

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Witnessing an uptick of 3.4% over 2021, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 51 Bn by 2022 end. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

The demand for NH3/CO2 cascade systems is also slated to go up gradually due to the advantages they offer for food processing and low-temperature distribution facilities. These benefits include low operating costs (as they use less energy per ton of refrigeration compared to other systems), lower capital and compliance costs, optimal food quality, and increased throughput.

COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS

Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment.
North America and Europe would collectively account for over half of the market value share by 2029 end.
The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players.
The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely impact the market growth.
The higher average unit cost of freezers & refrigerators allude lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2021.
Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators.
Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2022, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

Manufacturers who are keeping the innovation quotient high and providing turn-key solutions to meet regulatory requirements, with safety to end users at the core, will be rewarded in the long run.

Chinese Players Striving to Win Home Market

In developed markets, rapid acceptance of alternative refrigerants to benefit from regulatory standards along with expansion of F&B processing industries continue to contribute to the development of the commercial refrigeration equipment market.

The growth of Asia Pacific’s commercial refrigeration equipment market was influenced by a shift of Asian eating habits towards western-style convenience food. With the ability to manufacture their own compressors, Chinese companies are gaining competitive edge to reign supreme in their home market with indigenous brands.

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Competition Trends

In 2021, the top four stakeholders including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation collectively accounted for 20-25% revenue share. The emergence of a large number of small players in developing countries has resulted into price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

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Growth Of Produced Water Treatment Systems Market Rising Onshore Oil and Gas Activities Spurring Demand for Better Water Treatment Systems | 2022-2029

The global produced water treatment systems market is expected to be worth approximately US$ 4.29 billion. With rising oil and gas activity around the world, the overall market is expected to grow at a 5.8 % CAGR between 2022 and 2029, surpassing a valuation of US$ 6.38 billion by 2029.

FMI has divided the global produced water treatment systems market into three competitive landscapes: treatment systems, mobile systems and rental services, and commissioning and consulting services. Primary treatment technologies use fundamental techniques such as settling, media filtration, floatation, and biological aerated filtering to separate solids from water. According to FMI research, Alderley plc is one of the dominant players in primary treatment technologies.

Induced gas floatation, degassing, and membrane separation are examples of secondary treatment methods. Twin Filter BV is the market leader in secondary treatment technology.

Tertiary treatment technologies separate oil from produced water through absorption and polishing. These technologies use a combination of technologies to treat produced water. ProSep, Inc. is the dominant player in tertiary treatment technology, according to FMI.

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FMI examined the market for manufactured water treatment systems in North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

North America is expected to gain 590 BPS in market share during the forecast period. According to FMI’s analysis, despite the fact that all three technologies are widely used in North America, tertiary technology was the largest in terms of market revenue in 2014, accounting for US$ 574 Mn. FMI anticipates that the tertiary technology segment will grow at a double-digit CAGR during the forecast period.

Tertiary technology is more effective than both primary and secondary technology, owing to which it is being widely adopted by end-use industries. The tertiary technology segment of North America is expected to gain a whopping 1310 BPS during the forecast period.

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The onshore crude oil industry in North America represented 49.14 Bn barrels or nearly 80% of produced water in 2012. FMI expects this to reach 116.29 Bn barrels by the end of 2020.

The Asia Pacific is the second-largest market for produced water treatment systems after North America. The Asia Pacific produced water treatment systems market was worth US$ 960 Mn in 2014; FMI expects it to expand at a CAGR of over 2.8% during the forecast period 2014-2021.

Produced water is the largest volume of wastewater generated during oil and gas recovery operations. It contains high content of soluble and insoluble particles such as salt and oil. Produced water treatment systems are being extensively used for removing hydrocarbons and other suspended particles from this produced water.

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Produced Water Treatment Systems Market By Category

Capacity (thsnd bl/day):

Less than 100
100 to 500
Above 500

Technology:

Primary
Secondary
Tertiary

Application:

On Shore
Off Shore

Region:

North America
Latin America
Europe
East Asia
South Asia Pacific
Middle East and Africa

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Competitive Landscape

Leading players in the treatment systems include Siemens Water Technologies, Alderley plc, Frames, Aker Solutions, Aquatech, Schlumberger, FMC Technologies, Veolia, Chetco, Eco-Tec, Thermoenergy, Ecosphere, MIOX, Ovivo, and Global Water Engineering.

Most of these companies are focusing on their USP to consolidate their position in the market. For example, Siemens is focusing on advanced biological wastewater treatment, whereas Aquatech is pushing low CAPEX and OPEX biological processes. Aker Solutions is aiming to appeal to end-use industries by providing end to end engineering solutions, whereas Veolia is known for its offshore produced water expertise.

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Landing Page Builders Market is Anticipated to Have a Significant CAGR of 14.3% from 2022 to 2032

The landing page builders market has seen significant expansion and is projected to continue to do so in the coming years. The rise in demand for online web portals for businesses is a major driver driving the landing page builders market’s expansion. Landing Page Builders Market is set to enjoy a valuation of US$ 490 Mn in 2022, expand at a CAGR of 14.3% to reach US$ 1.9 Bn by the end of 2032.

The growing demand to connect people online and easily distribute relevant material has had a significant influence on the operational process of the landing page builders market. Furthermore, the increased need for e-commerce platforms, which provide consumers with a variety of functions, has generated a big market for landing page builders.

Smartphone use is expanding, and internet penetration is increasing over the world, which are two important factors influencing landing page builders market development.

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Major landing page builders market players all around the world are capitalising on this trend by developing cutting-edge landing page builder’s tools and platforms. Another important element driving the landing page builders market is the growing popularity of the e-commerce industry.

Many global customers prefer online shopping over in-store or store-based buying for a variety of reasons, including the growing number of mobile users, the convenience of shopping online, the great range of alternatives accessible on online platforms, and so on. Furthermore, technical improvements in the market have generated a profitable landing page builders market growth potential.

Individuals, SMEs, and Large Enterprises are the three types of end users in the landing page builders market. The biggest landing page builders market share was held by Large Enterprises.

A huge corporation just cannot afford to remain absent from the internet. They recognise the importance of making an impression in the cyber world since it extends their client base, enhances their income streams, and lowers their marketing costs hence a high demand for landing page builders market is witnessed.

The highest landing page builders market share was held by the United States, which is expected to increase at a CAGR of 14.1% over the projection period. As compared to Europe and certain areas of Asia, industries in this region have more freedom in terms of expansion and innovation.

However, several sectors in North America have reached saturation, necessitating the development of new methods in order to overcome landing page builders market inadequacies.

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KEY TAKEAWAYS:

In the United States, the market for landing page builders is estimated to reach US$ 664.5 million by 2032, increasing at a CAGR of 14.1% throughout the research period.
By 2032, the UK landing page builders market is expected to be valued US$ 77.6 million, growing at a CAGR of 13.2%.
With a CAGR of 13.7% during the research period, China is expected to reach a market size of US$ 135.6 million in landing page builders by 2032.
By 2032, Japan’s market for landing page builders is estimated to be worth US$ 111.9 million, with a CAGR of 12.9% during the research period.
With a CAGR of 11.8% during the research period, South Korea is predicted to reach a market size of US$ 63.9 million in landing page builders by 2032.
In the type sector, the cloud-based landing page builders market is expected to grow at the fastest rate of 14%.
Large enterprises are expected to develop strongly in the application category of the landing page builders market, with a CAGR of 13.6%.

COMPETITIVE LANDSCAPE:

Wix, Squarespace, GoDaddy, Mono Solutions, Web.com, Shopify, Ecwid, WordPress.Com, Webflow, Basekit, Unbounce, Instapage, Weebly, Zoho Sites, Jimdo, Yola, Duda, Camilyo, Bigcommerce are the leading participants in the landing page builders market.

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Key segments

By Type:

On-Premises
Cloud

By Application:

Large Enterprises
SMEs

By Verticals:

Business Services
Hospitality
Retail
Education
Advertising & Marketing

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & 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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Continuous Emission Monitoring System Market to Expand at a 4.4% Value CAGR by 2032

The global continuous emission monitoring system market reached US$ 2.5 Billion in 2021, and is poised to reach US$ 2.6 Billion in 2022, registering a Y-o-Y increase of 4%. From 2022 to 2032, a CAGR of 4.4% is anticipated for the market, reaching US$ 4 Billion by the end of the said period of assessment.

The regulations pertaining to various industrial emissions, particularly, nitrogen oxides, carbon monoxide, sulfur dioxide, carbon dioxide, hydrogen chloride, mercury, volatile organic compounds and airborne particulate matter are poised to tighten going forward, not only in Europe and North America, but also in emerging economies such as China, India, and Brazil. The continuous emission monitoring system (CEMS) is used for the determination of and continuous monitoring of a gas or particulate matter concentration and pollutant rate in any particular environment.

Because of the effective integration of hardware and software the continuous emission monitoring system allows the user to plot the graph which in turn helps to check the whether the emission complies with the air emission standards such as united states environmental and other federal emission programs, or state permitted emission standards. The continuous emission monitoring system can also measure flue gas opacity, air flow, and moisture. Apart from the measurement of emission concentration continuous emission monitoring systems also helps to measure process parameters such as temperature, flow moisture content, pressure, etc.

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The global market for continuous emission monitoring systems is a bit fragmented in nature and includes both global and regional players. Owing to increasing environmental concerns and stringent government regulations for industrial emission can attribute to the significant growth for global continuous emission monitoring systems market.

Global Continuous Emission Monitoring System Market – Dynamics

Governments across the globe are increasing pressures on industrial sectors to reduce the impact of various manufacturing processes on the environment. Leading industries across the world are putting efforts in reducing the negative effects of emissions during manufacturing processes on the environment, which may create numerous lucrative opportunities for continuous emission monitoring system manufacturers.

Leading manufacturers in the continuous emission monitoring system market are offering new technologies which offers effective determination of concentration or rate of gaseous emission so that the emission can be kept under control. The continuous emission monitoring system that are highly important for the industries causing excessive environmental pollution.

Increasing Incidences of Airborne Respirable Dust Hazards Generate Needs for Continuous Emission Monitoring System for better monitoring of various pollutants

Similar to the workplace safety concerns, the impacts of dust exposure on the workers’ health remains a primary focus for governing bodies across the globe. Manufacturing facilities across various industries, especially in the coal and mining industry, carry the risk of high exposure to respirable or inhalable dust for workers. In addition, exposure to harmful particulate matter can end up in catastrophic outcome, which creates high needs for the continuous emission monitoring system to monitor the emission to provide a safer work environment.

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The Control of Substances Hazardous to Health Regulations (COSHH) has set maximum exposure limits (MELs) to prevent workers from airborne respirable dust hazards. Such regulations and increasing health concerns among employees is increasing demand for continuous emission monitoring systems and triggering the market growth.

High Upfront Capital Cost of Continuous Emission Monitoring Systems Hampers Growth of the Continuous Emission Monitoring System Market. There are wide variations in instructions (like regulatory actions on industries, monitoring pollution parameters, continuous emission monitoring system implementation, etc.) which is confusing for many industries. The above two points can be considered as the significant restraints hampering the growth of the continuous emission monitoring system market.

Continuous Emission Monitoring System – Regional Analysis

The Continuous Emission Monitoring System can be segmented into seven regions which include North America, Latin America, CIS & Russia, Europe, Japan, Asia Pacific except Japan and the Middle East and Africa (MEA). Asia pacific except Japan is anticipated to register fastest growth in global continuous emission monitoring system market owing to rapid industrialization, transforming manufacturing sector in emerging geographies like India and china. The North America market for continuous emission monitoring systems is anticipated to register the largest market share over the forecast owing to continuous government initiatives and growing focus on more sustainable technologies.

Continuous Emission Monitoring System – Key Segments

Continuous Emission Monitoring System can be segmented into three types which are extraction monitoring system, field monitoring system and Telemetry system. On the basis of end use application the continuous emission monitoring systems can be classified as waste incineration, petroleum refining, steel refining, Chemicals & Fertilizers, cement and others industries.

Continuous Emission Monitoring System – Prominent Players

ABB, Rosemount, Ecotech, Siemens, Horiba, Gasmet Technologies Inc., Thermo Fisher Scientific are some of the prominent players in global continuous emission monitoring systems. The continuous emission monitoring systems market consists of well-diversified global and regional players with the global vendors are ruling the market.

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

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Installed Base
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. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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Scuff Tester Market is Anticipated to Grow at a CAGR of 6.6% from 2022 to 2032

Global scuff tester demand is anticipated to grow at a CAGR of 6.6% from 2022 to 2032 over the forecast period.

The scuff tester is an instrument which is used to test or determine the transfer of color from printed or coated material against rubbing. This equipment is widely used to check color transfer when one surface is rubbed against other. Scuff Resistance testers are designed as per standards such as ASTM F2497-05, BS 3110:1959. The scuff tester is also used to evaluate the rub resistance of prints on board or paper. The instrument can also be used to determine color transfer from coated or printed surface during rubbing.

The durability of polished, printed, or painted surfaces to resist scratch can be simulated by a scuff tester. The Scuff tester consists of a motorized assembly and a plunger arrangement to keep two samples facing each other.

Owing to continuous friction of samples, scuffing process is initiated. Once the test is finished, samples are taken for observation. Scuff testers are widely used in packaging industries for testing the scuffing of printed materials. The scuff tester can determine the effects of contact by materials, items, or humans by the use of single or dual surface scratch methods.

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High Adoption of Scuff Testers in the Packaging Industry

There is wide adoption of the scuff testers in packaging industry as label on packages carry important information about the content inside. A manufacturer can’t afford to keep a misprinted or scuffed label on the products. Scuffing of the labels results in fading of the print owing to abrasion of paper and film.

The importance of the scuff tester is rising also in the field of packaged bottles, the purpose of the scuff tester is to simulate the vibration, rub, and pressure that takes place during packaging of bottles.

Upgradation of Scuff Testers by Manufacturers Fuelling Global Market Growth

The manufacturers in the scuff tester market are focusing on launching the improved and advanced scuff tester to check the scuffing pressure and resistance of the paper or material. Also, the ability to check printed material to withstand scuffing and marking during handling in conversion, distribution, packaging.

In 2018, Qualitest International Inc., one of the prominent US based manufacturer of the scuff tester, launched the new generation scuff tester with scuffing pressure of 20 N, rubbing speed 44 times / minute, along with 4 test modes of wet rub, dry rub, wet transfer & wet bleed, and wet smear.

Some of these technological improvements done by the manufacturers of the scuff tester in the product is efficiently driving the growth of the scuff tester market across the globe.

Scuff Tester Market: Competitive Landscape

Some of the prominent key players in the Scuff Tester market are Presto Stantest Pvt. Ltd., Premier International, Qualitest International Inc., Norman Tool, Inc., Ubique Systems, Smithers Pira, Advanced Labels NW, SATRA Technology.

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Scuff Tester Market: Regional Overview

On the basis of geography, Asia Pacific Excluding Japan is capturing the largest market share in the scuff tester market owing to increase in the number of packaging companies in the region. Due to increase in the number of paper and paper board companies, the need of scuff tester is rising in these countries due to high necessity for durability of printed information on the paper/label. These factors are potentially driving the scuff tester market in Asia Pacific Excluding Japan. In Europe the countries such as Germany, Spain, France, and Italy are expected to witness high adoption of scuff tester due to increase in number of pharmaceutical companies and healthcare firms across the region.

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

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Technology
Value Chain of the Market
Market Drivers and Restraints

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
CIS & Russia
Japan
Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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Scuff Tester Market: Segmentation

The Scuff Tester Market has been segmented on the basis of Product type, application type, End Use, and region.

Segmentation on the basis of product type:

Analog
Digital

Segmentation on the basis of application type:

Printed Carton board
Paper
Aluminum Film
Printed Corrugated board

Segmentation on the basis of end use:

Pharmaceutical
Paper Mills
Packaging
Others

Report Highlights:

Detailed overview of parent Scuff tester market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Scuff tester Market
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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Food Packaging Tester Market are Predicted to Increase at a 6.5% CAGR Over the Forecast Period of 2022-2032

Sales in the food packaging tester market are predicted to increase at a 6.5% CAGR over the forecast period of 2022-2032. Growth is attributed to rising awareness about food safety and hygiene. Additionally, increasing concerns over health hazards and regulatory norms regarding food packaging requirements for food safety will propel demand in the forthcoming decade.

Food packaging testers are one of the essential components of the food industry. A food packaging tester determines the sustainability of a food package against chemical, physical, and environmental factors that can spoil food if it is not packed correctly.

Due to various food safety regulations, manufacturers focus on creative packaging ideas to ensure product freshness over a period of time. Also, the increasing demand for packaged food by consumers is driving growth of the food packaging tester market potentially.

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The food packaging tester market has witnessed potential growth due to the need for protection against air, toxins, moisture, and micro-organisms. Also, a food packaging tester plays a significant role in the prevention of leakage. The capability of the package is tested by performing various tests such as chemical testing and physical testing on the package.

Durable Packaging of Food to Meet Worldwide Consumer Needs

Nowadays, visually appealing and quality packaging plays a major role in establishing a brand. This factor is ultimately contributing to the growth of the food packaging tester market across the globe. Also, the increasing proliferation of online food delivery has helped in driving the food packaging tester market.

Food products are shipped worldwide to meet global consumer needs, and hence the packaging must be durable. These factors have made food packaging testers even more valuable.

The demand for hygienic packaging of food is growing. In addition, advancements and improvements in technology have made packaging safer, reliable, and faster. These parameters are largely contributing to the growth of the food packaging tester market across the globe. Furthermore, the governments of developed and developing countries have set strict regulations to ensure food safety – this is further driving adoption of food packaging testers.

High Cost Hampering Growth

The cost associated with a food packaging tester is quite high, making it difficult for small-scale food industries to invest in the food packaging tester market. Due to these factors, the growth of the food packaging tester market is affected.

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Food Packaging Tester Market: Competition Landscape

Some of the prominent players in the food packaging tester market are SGS, Intertek and ALS Ltd, Robert Bosch, GEA Group, IMA Group, COESIA Group, Ishida, ARPAC, Multivac, Nichrome India, Adelphi Group, and Lindquist Machine Corporation.

Food Packaging Tester Market: Regional Overview

On the basis of geography, North America and Europe with significant economies are capturing the largest market share in the food packaging tester market. The rising demand for hygienic packaging and durable packaging of products is driving growth of the food packaging tester market.

Along with that, the increasing concerns about strict food safety regulations have witnessed a potential increase in the adoption of food packaging tester in various industries. Also, the rising concerns about safety and durability in countries such as India and China in the APAC region are significantly contributing to the growth of the food packaging tester market.

The report covers exhaustive analysis on

Food Packaging Tester Market Segments
Food Packaging Tester Market Dynamics
Food Packaging Tester Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Technology
Value Chain
Market Drivers And Restraints

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
CIS & Russia
Japan
Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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Food Packaging Tester Market: Segmentation

The food packaging tester market has been segmented on the basis of technology type, packaging material type, end use, modularity, and region.

Segmentation on the basis of technology type:

Physical Testing
Durability Testing
Heat Resistance Testing
Water Gas/Vapor Permeability Testing
Chemical Testing
Migration Testing
Extractable Testing
Leachable Testing
Others

Segmentation on the basis by packaging material type:

Plastic
Metal
Glass
Paper
Board
Layered Packaging

Segmentation on the basis of modularity:

Portable
Bench Top

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Aerospace Tester Market is Anticipated to Reach a Value Pool of US$ 24 Billion in 2022

The worldwide aerospace tester market is anticipated to reach a value pool of US$ 24 Billion in 2022, forecast flourish at a CAGR of 4.1% to attain a valuation of US$ 36 Billion by the conclusion of the forecast period from 2022 to 2032. As of 2021, the market was valued at US$ 23 Billion, and is poised to register a Y-o-Y increase worth 4.3% in 2022.
The increasing number of aircrafts and rising concern for safety is creating a demand for aerospace tester and significantly driving the global aerospace tester market. In the aerospace industry, testing of aircraft is a critical task during production and implementation. Aerospace tester performs mechanical testing and electrical testing of components and materials used in the aircraft. Tests performed by the aerospace tester are governed by regulations and standards and also requires accreditation.

The key tests performed by the aerospace tester are compressive testing, tensile testing, flexural testing, fatigue testing, and others. Vendors offer custom aerospace tester and sophisticated universal aerospace tester. These aerospace testers determine the properties such as elongation, breaking strength, fracture toughness, fatigue life cycle, ductility, and others. Vendors offer aerospace tester with advanced software and accessories such as the environmental chamber to run the test while ensuring reproducibility and repeatability of the test result. Vendors also offer aerospace tester meeting various regulation criterias and standards such as American Society for Testing and Materials (ASTM), International Organization for Standardization (ISO), A2LA standard, and others.

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Based on the material, application, and environmental factors, aerospace tester performs various tests. Aerospace tester performs the mechanical test, which is one of the most common tests used for testing material and component of aerospace. The aerospace tester generates the stress-strain curve data and provides information on the strain, tensile strength, modulus, and others. Aerospace tester performs compression testing in which it applies force in a compressive direction and measures compressive strength.

The aerospace tester provides data on the compressive strain, modulus of elasticity, deformation, compressive yield stress, and others. Vendors offer aerospace tester with displacement transducers and delflectometers to measure specimen deformation data. The aerospace tester provides flexural testing to check material stiffness and other properties of the material.

Vendors are offering upgraded aerospace tester with advanced testing capabilities such as environmental simulation, dynamic testing, EMI/ENC, fuel testing, and other tests. The various standards and specifications playing a key role in aerospace tester market are ATA iSpec 2200, S1000D, MIL-STD-40051-1/2, AMCOM variants, and others. The continuous innovation and development in the aerospace tester are significantly fuelling the aerospace tester market, globally.

Aerospace Tester Market: Dynamics
The surging number of aircrafts is one of the key drivers for global aerospace tester market. The stringent standards for the test of aircraft while manufacturing have created a huge demand for the aerospace tester. The continuous technological advancements and up gradation in software are expected to drive the aerospace tester market significantly during the forecast period.

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The software failure and false data recording remain the key challenge for global aerospace tester market. However, vendors are continuously focused on the development of advanced software to overcome the above-mentioned challenges.

Aerospace Tester Market: Segmentation
Aerospace tester market segmentation based on the type of aircraft:
Aerospace tester market can be segmented as-
Passenger Aircraft

Goods Aircraft

Naval Aircraft

Others

Aerospace tester market segmentation based on the type of test:
Aerospace tester market can be segmented as-
Fuel Testing
Electromagnetic Compatibility Testing
Electromagnetic Inteference Testing
Others

Aerospace tester market segmentation based on test device:
Aerospace tester market can be segmented as-
Tensile Tester
Fogging Tester
Surface Roughness Tester
Optical Comparator
Ultrasonic Tester
Others

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Aerospace Tester Market: Key Players
Some of the key payers for aerospace tester market are Element Materials Technology, NTS, MOOG INC., Qualitest International Inc., ADMET, Inc., ECA GROUP, Avtron Aerospace, Inc., Teradyne Inc., Astronics Corporation, Dayton T. Brown, Inc., Dayton T. Brown, Inc., and others.

Aerospace Tester Market: Regional Overview
North America and Western Europe are expected to have major market share prominent market of global aerospace tester market. The presence of a large number of aircraft manufacturers in the U.S. is expected to create a huge demand for global aerospace tester market during the forecast period. The Asia Pacific excluding Japan is witnessing high Y-o-Y growth due to the increasing number of aircraft in developing nations such as China and India.

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Radiography Test Equipment Market Projected to Accelerate at a CAGR of 6.3% to top US$ 35 Billion by 2032

The radiography test equipment Market to reach a valuation of US$ 19 Billion in 2022, likely to surge at a vigorous 6.3% CAGR from 2022 – 2032. Radiography test equipment is a type of non-destructive testing equipment, and it is used in a wide range of applications which includes engineering, forensics, and medicine. The increasing adoption of radiography test equipment for inspecting materials for hidden flaws is one of the major factors which drives the growth of radiography test equipment market.

Also, the growing usage of radiography test equipment because of its ability to use short wavelength electromagnetic radiation to penetrate various materials for image processing is also supporting the growing adoption of radiography test equipment.

Radiography test equipment is testing equipment which is used for verifying the internal structure and integrity and for ensuring the asset reliability for controlling the manufacturing process. The rising need for enhancing the life of aging assets and to expand their capabilities is creating potential growth opportunities for the radiography test equipment market.

Also, the increasing number of safety, reliability, and environmental standards for industrial products is compelling various industries for the adoption of radiography test equipment and therefore, due to these factors, the radiography test equipment market is expected to expand rapidly in coming few years.

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Radiography Test Equipment Market: Drivers and Challenges

Drivers

The increasing usage of radiography test equipment for industrial radiography applications is the key factor driving the growth of radiography test equipment market. Moreover, the continuous adoption of radiography test equipment in manufacturing industries such as electronics, pulp & paper, and semiconductors for testing equipment while adhering to industry regulations is also one of the major factors which is enhancing the growth of radiography test equipment market.

Apart from this, the increasing industrial radiography market along with the growing investments in the industrial infrastructure development is promoting the growth of radiography test equipment market.

Moreover, government organizations such as ISO (International Organization for Standardization) and ASME (American Society of Mechanical Engineers) have established measures for assuring the safety of instruments and for the administration of engineering testing services which is generating high demand for radiography test equipment.

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Challenges

The health risk associated with the radiation is the key challenge for the growth of radiography test equipment market. Also, the lack of skilled professionals and high cost of radiography test equipment are also some of the major factors which hampers the growth of radiography test equipment market.

Radiography Test Equipment Market: Key Players

Prominent players in the global radiography test equipment market are General Electric, Nikon Metrology Inc., YXLON International, Olympus Corporation, Hitachi Ltd., Rigaku Corporation, Bosello High Technology, Canon Inc., North Star Imaging Inc., and Hamamatsu Photonics KK.

Radiography Test Equipment Market: Regional Overview

On the basis of geography, North America is anticipated to hold substantial market share in terms of value in radiography test equipment market owing to the rapid adoption of radiography test equipment and non-destructive testing technologies across various industries such as automotive and aerospace & defence.

Also, the high availability of skilled workforce in the U.S. is playing a vital role in the growth of radiography test equipment market in the region. In addition, Europe is also expected to capture significant market share in radiography test equipment market due to the upswing in automotive and manufacturing industries.

Moreover, rapid industrialization and boom in manufacturing and energy & power sectors of countries in the Asia Pacific is creating potential growth opportunities for radiography test equipment market and therefore, due to this factor Asia Pacific is expected to grow at a high CAGR during the forecast period.

Furthermore, increasing awareness among various industries in the countries of Middle East & Africa and Latin America towards the adoption of radiography test equipment and radiography technologies is driving the growth of radiography test equipment market in these regions.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

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

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The report covers exhaustive analysis on

Radiography Test Equipment Market Segments
Radiography Test Equipment Market Dynamics
Radiography Test Equipment Market Size
Supply & Demand
Current Trends/Issues/Challenges in Radiography Test Equipment Market
Competition & Companies Involved in Radiography Test Equipment Market
Technology
Radiography Test Equipment Market Value Chain
Radiography Test Equipment Market Drivers and Restraints

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

Radiography Test Equipment Market: Segmentation

Segmentation of Radiography Test Equipment Market on the Basis of Imaging Methods:

Film Radiography
Digital Radiography
Computed Radiography
Real-time Radiography
Computed Tomography

Segmentation of Radiography Test Equipment Market on the Basis of Industry:

Automotive
Aerospace & Defence
Oil & Gas
Petrochemical
Energy & Power
Others

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5G Testing Equipment Market is Forecast to Surge at a Value CAGR of 26% from 2022-2032

The global 5G testing equipment market is forecast to surge at a value CAGR of 26% from 2022-2032, reaching a valuation of US$ 16.5 Billion. As of 2021, the industry was valued at US$ 1.3 Billion, and is scheduled to reach US$ 1.6 Billion by 2022, registering a Y-o-Y growth rate of 23%.

Evolution in area of network connectivity right from 2G, 3G, to 4G and now 5G, which is a one of the latest network connectivity technology. Increasing smartphone penetration and other connected devices is fuelling the need for using such connecting technologies and these are tested using 5G testing equipment.

For establishing a secured and most reliable 5G network the tests are constantly performed so that network operation failure is eliminated and 5G testing equipment is used for testing of such network issues. The providers of 5G testing equipment focusing on innovations until the commencement of commercial deployment of 5G.

The 5G testing equipment providers have potential opportunity to enter into 5G market and develop a most suitable and application oriented 5G testing equipment products. Applications of 5G is expanding day by day due to IoT, connected devices, and also availability of large data centers is making it easier to deploy 5G technology using 5G testing equipment.

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The commercialization of 5G is estimated to begin in 2019 and this is a prime factor creating a potential opportunity for 5G testing equipment. Increasing penetration of 5G in areas including entertainment, automotive, construction, medical, security, and others is creating a need for using 5G testing equipment.

Constant research and development for making 5G testing equipment which are industry compliant and more application oriented is expected to drive 5G testing equipment market over forecast period.

5G Testing Equipment Market: Drivers and Restraints

The emergence of hyper-connected world is one of the prime factor which is expected to fuel the demand for 5G testing equipment. Increasing usage of connected devices in developing economies such as India, China, and others is creating a data traffic in the network which is creating a need for establishing a secured and efficient network.

Hence, for increasing need to control data traffic, the 5G technology is expected to witness boom in demand which is ultimately driving demand for 5G testing equipment. Connectivity in different devices such as wearbles, connected cars, smartphones, and other consumer electronics devices such as smart home devices will increase the demand for 5G testing equipment.

This factor is expected to be observed due to high speed of 5G and availability of wired and wireless technology making connectivity process easier. High acceptance of 5G is expected due to above mentioned factors which is creating an increasing demand for 5G testing equipment.

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On the other hand, total cost involved in using 5G testing equipment for establishment of 5G network, and issues involved because of multiples carrier are some of the key challenges affecting the adoption of 5G testing equipment. Such factors ultimately hampers the adoption of 5G testing equipment and hence these are some of the challenges affecting the growth of market.

Segmentation Based on Application

On the basis of application, the 5G testing equipment market is segmented into healthcare, automotive, industrial, media and entertainment, and others. The 5G testing equipment is used for multiple operation in above mentioned application areas for establishing a connected

Segmentation Based on Type

On the basis of type, the 5G testing equipment market is segmented into signal geneBeing one of the latest and fast emerging technology 5G is expected to be an evolution in the area of network connectivity, to leverage this opportunity the 5G testing equipment providers are performing up-gradations in their devices.

This factor is expected to be one of the key strategy followed by 5G testing equipment providers. Some of the leading 5G testing equipment providers includes MACOM, VIAVI Solutions, Anritsu, ROHDE&SCHWARZ, Keysight Technologies, LitePoint, and others.rator, signal analyser, network analyser, Oscilloscopes, and others.

5G Testing Equipment Market: Key Players

Being one of the latest and fast emerging technology 5G is expected to be an evolution in the area of network connectivity, to leverage this opportunity the 5G testing equipment providers are performing up-gradations in their devices.

5G Testing Equipment Market: Region-wise Outlook

North America region is one of the prominent market for 5G testing equipment as this region has strong presence of network service provider companies such as AT&T which are early adopter of 5G testing equipment. The research and development is constantly performed using 5G testing equipment in this region to integrate 5G in healthcare applications and smartphones to improve the performance of network.

Europe is expected to follow North America region in terms of demand for 5G technology and hence 5G testing equipment. This demand for 5G testing equipment in Europe is fuelled by increasing 5G testing activities in this region such as Vodafone announced its plan to start up 1,000 5G testing sites in UK in 2019.

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The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved
Technology
Value Chain
Market Drivers and Restraints

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Eastern Europe, Rest of Europe)
CIS & Russia
Japan
Asia Pacific Excluding Japan ( Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)

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