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Computer Keyboards Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights by 2025

Future Market Insights offers a 10-year figure of the worldwide computer keyboards market somewhere in the range of 2015 and 2025. The report characterizes 2014 as the base year and gives information to the accompanying a year. As far as worth, the computer keyboards market is supposed to enlist a CAGR of 2.3% during the figure time frame.

Report Description

This research report provides a detailed analysis of ergonomic keyboards to identify factors driving the popularity of these keyboards across different verticals. This study demonstrates market dynamics and trends of regions, which influence the current nature and future status of the computer keyboards market during the forecast period.

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Additionally, the report comprises segments such as end-user preference analysis, cases of RSIs, and overview of different keyboard layouts to provide a clear picture of the market. A detailed analysis of the value chain and Porter’s five forces analysis further empowers clients to formulate strategies for every stage of their business.

Rising demand for comfortable devices at workplaces is advancing the adoption of ergonomic keyboards, which have become quite popular among employees who perform significant amounts typing. Additionally, leading players operating in the industry are marketing products through multiple distribution channels to increase sales across the globe. This ensures wider and easier consumer access to ergonomic products and boosts market growth.

This report provides FMI’s analysis on key trends, drivers, and restraints influencing the global computer keyboards market. The weighted average model is leveraged to identify the impact of key growth drivers and restraints across various geographies in order to help clients frame accurate business strategies.

Given the ever-fluctuating global economy, the report not only forecast the market on the basis of CAGR, but also analyses the impact of key parameters in each year of the forecast period. This helps client to understand the predictability of the market and identify the right opportunities across the market during the forecast period. Also, a significant feature of this report is the analysis of all vital segments in terms of absolute dollar opportunity. Absolute dollar opportunity is critical for assessing the level of revenue opportunity in the market.

In the final section of the report, computer keyboards market competitive landscape is included in order to present the client with a dashboard view based on the categories of providers in the value chain, product portfolios, and key differentiators. This section is important for gleaning insights about the participants in the market’s ecosystem. Additionally, it enables identification and evaluation of key competitors based on in-depth assessment of their capabilities and successes in the marketplace.

The report provides comprehensive profiles of the providers to evaluate their long-term and short-term strategies, key offerings, and recent developments. Key competitors covered in this report include Microsoft Corporation, Logitech International SA, Kinesis Corporation, Gold Touch Enterprises Inc., Adesso Inc., Fellowes Inc., Posturite Ltd., Datadesk Technologies, Fentek Industries, Inc., and Shenzhen V4 Electronics Co. Ltd.

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Key Segments

By Type:

Basic Keyboard
Ergonomic Keyboard

By Switch Keyboard:

Membrane Keyboard
- Dome-Switch Keyboard
- Scissor-Switch Keyboard
- Capacitive Keyboard
Mechanical Switch Keyboard

By Size:

Standard Size Keyboard
Laptop Size Keyboard
Thumb Size Keyboard
Numeric Keyboard

By Application:

Corporate
Personal
Gaming

Region:

North America
Latin America
Europe
East Asia
South 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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Web Real Time Communication Solution Market Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast by 2031

The interest for web real time communication solution is supposed to top US$ 4,528.3 Mn in 2021. According to Future Market Insights (FMI) investigation, the market will enlist amazing development at 44.4% CAGR somewhere in the range of 2021 and 2031, as undertakings all over the planet are showing popularity for web real time communication solutions and administrations.

According to the changed report by Future Market Insights (FMI), the worldwide web real time communication solution market is expected to extend at a CAGR of 44.4% over the figure period (2021-2031). The development can be credited to the developing interest for real time communication over the web, with a market valuation anticipated to arrive at US$ 4,528.3 Mn in 2021.

Other than this, the market is driven by the money saving advantages presented by cloud-based arrangements of web real time communication solutions and a rising number of web clients. The essential elements driving the development of the web real time communication solution market incorporate the rising interest for real-time communication over program and portable applications.

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Key Takeaways from Web Real Time Communication Solution Market Study

Large enterprise applications will dominate the market through 2031 with 60.4% value share, supported by large-scale data transformation requirements in these businesses and increasing demand from small and medium enterprises. The IT & telecom industry will reflect higher adoption rates holding 29% of the market in 2021, supported by the introduction of 5G technologies. China leads the East Asia market, reflecting a CAGR of over 49.3% through 2031, with growing demand for cost effective web real time communication solution for SMEs in the region. The U.S. market is projected to expand at a CAGR of 42.8% through 2031, supported by the presence of key players in the market. Germany will hold the lead in Europe by the end of 2031, with a CAGR of over 54.5% owing to the rising penetration of the internet and smartphone technologies in the region.“Growing adoption of secure & robust communication coupled with increasing demand from small and medium enterprises is expected to drive the adoption of web real time communication solution. Digital transformation investments are expected to create opportunities in the foreseeable future for the web real time communication solution market,” says a Future Market Insights (FMI) analyst.

Impact of COVID-19 on Web Real Time Communication Solution Market

The COVID-19 pandemic has disrupted many industries, including the market for web real time communication solutions and services. Different industry verticals have suffered notable losses as a result of mobility and travel restrictions for public health reasons, among other social distancing measures.

Disruptions in services are having an impact on economies and trade, given the role of services in offering inputs connecting supply chains and facilitating trade. The extent of impact on trade varies by mode of supply and sector.

Trade involving proximity among consumers and suppliers is severely impeded. The COVID-19 crisis is leading to greater adoption of online services in retail, education, health, and telecom sectors. The outbreak of the COVID-19 crisis has led to the withdrawal of several corporate events, international seminars, trade shows, and investor presentations. As a result, these events have turned towards web real time communication solutions and services for communication, thereby driving the market growth.

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Who is winning?

The moderately consolidated web real time communication solution market is characterized by players who are increasingly focusing on the development of new product offerings in addition to strategic endeavors towards geographical expansion. Moreover, growing demand for automation and digitalization tools is anticipated to drive the growth of the web real time communication solution market.

Prominent players in the web real time communication solution market include but are not limited to Avaya Inc., Google Inc., Cisco Systems, Inc., IBM Corporation, Huawei Technologies Co., Ltd., Ericsson, TokBox Inc., Mitel Networks Corporation, AT&T Inc., Plivo Inc., and Twilio, Inc., among others.

More Valuable Insights on Web Real Time Communication Solution Market

A revised market research report published by Future Market Insights (FMI) on the global web real time communication solution market includes global industry analysis for 2016–2020 and opportunity assessment for 2021–2031. The report provides valuable insights on the basis of component (WebRTC solution and services); enterprise size (SMEs and large enterprises); industry (IT & telecom, BFSI, media & entertainment, healthcare, government, manufacturing, and others), and across six major regions.

Competitive Landscape

According to the Future Market Insights analysis, Avaya Inc., Google Inc., Cisco Systems, Inc., IBM Corporation, Huawei Technologies Co., Ltd., Ericsson, TokBox Inc., Mitel Networks Corporation, AT&T Inc., Plivo Inc., and Twilio, Inc., among others are identified as key players in the web real time communication solution landscape.

Companies offering web real time communication solution are aiming for innovation in their offerings and strategic partnerships with other software vendors in order to enhance their portfolios while addressing the demand of an expanding customer pool. Introduction of new solutions and services and strategic partnerships are key with the top players in the web real time communication solution landscape.

For instance, in March 2020, Ribbon Communications Operating Company, Inc. launched “Work@Home”, a cloud-based offering to provide advanced remote working capabilities for enterprises. The cloud-based offerings include comprehensive Unified Communications and Collaboration solution with the company’s smart office that is aimed at providing screen sharing, conferencing, and group chat services on for mobile and desktop users.

Web real time communication solution providers are also focusing on entering into partnerships with technology and digital solution providers to target new innovations within the market. The strategy helps companies to broaden their geographic reach with additional service portfolios.

For instance, in September 2019, Cisco Systems completed the acquisition of Voicea, a provider of real-time solutions. The acquisition was aimed at enhancing the former company’s Webex portfolio with transcription services that merged artificial intelligence and the automated speech recognition together.

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Market Segmentation by Category

Component:

WebRTC Solution
- Cloud based
- On premise
Service
- Consulting Services
- Integration & Implementation Services
- Design & Development Services
- Support & Maintenance

Enterprise Size:

SMEs
Large Enterprises

Industry:

IT & Telecom
BFSI
Media & Entertainment
Healthcare
Government
Manufacturing
Others

Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

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Recordable Optical Disc Market Report | Size, Growth, Demand, Scope, New Opportunities & Forecast 2022-2032

The worldwide recordable optical plate market is scheduled to hold a total assets of US$ 2.5 Bn in 2022, yet is supposed to decline at a CAGR of – 3% over the gauge period (2022-2029) to arrive at an expected market valuation of US$ 2 Bn toward the finish of 2029.

The recordable optical circle market, which was esteemed at roughly US$ 2.5 Bn in 2022, is determined to see negativity later on years, according to the new report distributed by Future Market Insights (FMI)As per the report, Recordable Optical Disk Market is supposed to decline at a CAGR of – 3% over the conjecture period (2022-2029) to arrive at an expected market valuation of US$ 2 Bn toward the finish of 2029. as a general feeling of oldness poses a potential threat. The languor is in spite of the dependence on visual structures for capacity, as per FMI’s exploration.

As per the report, the development of noticeable media-administrations suppliers, for example, Spotify, Apple Music and TIDAL, began pulling on the ubiquity of recordable optical circle designs. Media specialist organizations revamped the guidelines of media utilization and the reception pace of these media web-based features developed huge amounts at a time.

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‘Manufacture-On-Demand’ DVDs and Blu-Ray Discs- Marking a New Milestone for Growth

As per the report, the trend of ‘manufactured-on-demand’ DVDs and blu-rays of popular TV shows and movies is favouring the market players. For instance, Amazon exclusively sells a series of ‘manufactured-on-demand’ DVDs and blu-rays of popular Nickelodeon shows and movies.

Moreover, popular media-services providers, such as Netflix, have also started bringing back popular TV series and movies in DVDs and blu-ray formats to treat their loyal subscribers, which in turn has resulted in a promising comeback for DVDs and Blu-ray discs.

The report opines that blu-ray disc will continue being the top-seller, with revenues estimated to approach US$ 2 Bn in 2022. Optimum storage capacities with ‘best-in-class’ features remain two of the key selling points of blu-ray discs. Sales of the recordable optical disc via online channels will continue to put offline channels in the shade.

Professional Use of Recordable Optical Disc to Show Positive Leaps,

As per the report, media houses continue to rely on recordable optical disc formats for local storage, followed by software and IT ecosystems. Key players in the recordable optical disc market are focusing on incremental innovations that would further help them boost their sustenance in the market.

Apart from product features, brands are also focusing on nourishing the longevity of their recordable optical disc offerings via reflective layers. In addition, strategic partnerships seem the best way forward for the brands to sustain with considerable revenue growth, states the research study.

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COVID-19 Crisis Evaluation

The COVID-19 pandemic worsened the already in-bad-shape recordable optical disc industry. The manufacturing sector was majorly impacted by pandemic restrictions across the world. In the first quarter of 2020, as coronavirus infections spread, the world went into a lockdown situation and disrupted market activities on a global scale.

As factories all over the world were shut, it hindered the production and manufacturing of recordable optical discs. The market for recordable optical discs was already experiencing a downfall, and this pandemic made the situation worse.

However, optical discs are still vital in many professional operations where the reliability of these discs has been proven time and again. This factor alone is expected to somewhat slow down the decline in demand for recordable optical discs in the post-pandemic era.

Competitive Landscape

Recordable optical disc manufacturers are struggling to make sales due to increase in popularity of advanced storage technologies that are being widely adopted. However, recordable optical disc suppliers are now focusing on data security and secure data storage for enterprise use and are trying to boost their sales revenue via commercial channels of application.

In July 2021, Apple TV+, a subscription-based streaming service, announced the launch of its first physical media disc release. The title ‘Defending Jacob’ a limited series was released on DVD storage media and Blu-ray. More titles are expected to be released on physical discs from Apple TV+ streaming service.
In June 2020, Sony a leading electronics manufacturer announced the launch of a new optical disc capable of storing data for 100 years. The new disk is capable of reading at a rate of 3 Gbps and writing at a rate of 1.5 Gbps.

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Key Segments of Recordable Optical Disc Industry Survey

Recordable Optical Disc Market by Product Type:

Compact Discs (CD)
Digital Versatile Discs (DVD)
Blu-ray Disc

Recordable Optical Disc Market by Sales Channel:

Online Sales of Recordable Optical Discs
Offline Sales of Recordable Optical Discs
Sales of Recordable Optical Discs by Distributors
Sales of Recordable Optical Discs by Resellers
Direct Sales of Sales of Recordable Optical Discs

Recordable Optical Disc Market by End Use:

Recordable Optical Discs for Consumers
Recordable Optical Discs for Professionals

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Smart Elevator Automation System Market By System Type, End User, Regional Analysis & Forecast 2022-2032

As far as worth, the worldwide smart elevator automation system market is supposed to develop at a CAGR of 14.3% during the estimate time frame. The worldwide smart elevator automation system market was esteemed at US$ 8,487.6 Mn in 2016, and is projected to develop essentially to arrive at US$ 36,417.8 Mn by 2027 attributable to expanding development of new tall structures and developing urbanization.

In this report, FMI has divided the worldwide smart elevator automation system market based on help, part, end clients and area. By administration, the smart elevator automation system market is additionally portioned into establishment administration, fix and upkeep administration and modernization administration.

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Future Market Insights as of late distributed a report named “Smart Elevator Automation System Market – Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027”. Smart elevator automation system is another age of elevators furnished with imaginative innovations, which offer different offices alongside security.

The smart elevator automation system is intended to limit the general energy utilization and oversee traveler traffic productively inside a structure. With the progression in innovation and changing structure foundation, smart elevator automation systems have become adaptable to oversee building traffic safely. These variables are supposed to support the development of the worldwide smart elevator automation system market.

Smart Elevator Automation System Market: Segmental & Regional Forecast

Governmental regulations & standards for global green infrastructure, reduction in the operational cost and automation are the major factors expected to drive the growth of the smart elevator automation system market. In terms of value, the residential sector sub-segment is projected to register high growth during the forecast period in the global smart elevator automation system market.

Based on component, the card reader sub-segment in the smart elevator automation system market is expected to grow at a high CAGR of 19.2% over the forecast period. However, the sensor motor & automation system sub-segment is expected to capture large share in the global smart elevator automation system market as their demand is increasing to maximise energy efficiency and elevator travel speed.

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Furthermore, the global smart elevator automation system market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA). In terms of value, the Asia Pacific Exc. Japan Smart elevator automation system market is estimated to expand with a CAGR of 18.6% over the forecast period.

This can be attributed to transformation of the existing infrastructure and increasing number of smart city projects. In Western Europe, Germany is expected to be the dominant market for smart elevator automation system, and to create incremental opportunity of US$ 2,042.8 Mn between 2017 and 2027.The growing demand for enhanced safety and security systems is one of the major factors fuelling the growth of the smart elevator automation system market in Western Europe.

Companies Operating in the Smart Elevator Automation System Market

Examples of some of the key participants covered in the report of the smart elevator automation system market include Fujitec, Mitsubishi, Hitachi, Kone Corporation, Otis Elevator, Schindler, ThyssenKrupp Elevator, Tyco International, and Honeywell. The report also describes company-specific strategies, key differentiators, market structure and competitive share analysis related to prominent industry stakeholders.

Key Segments Covered

By Service
By Component
By End-user

Key Regions covered:

North America
Latin America
Western Europe
Eastern Europe
Japan
APEJ (Asia Pacific excluding Japan)
MEA

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Digital Transformation in Healthcare Market : Global Analysis, Size, Share, Growth, Trends And Forecast by 2031

Expanded and computer generated reality are innovative arrangements that are revolutionizing the healthcare industry. From 2018 to 2023, the worth of the healthcare-based AR and VR industry is supposed to dramatically develop. Accordingly, there are huge undiscovered learning experiences for the digital transformation in healthcare market.

The healthcare industry continues to develop, from the reception of telemedicine to the utilization of mechanical interaction computerization (RPA) to work on quiet information. Another review from Future Market Insights (FMI) shows that the approach of innovative innovations will empower patients to get further developed care with the assistance of computer generated reality, wearable gadgets and different advances. These advances are supposed to drive digital transformation in healthcare.

Among the different end-clients, clinics and clinics are supposed to hold a leading offer in the digital transformation of the healthcare market owing to the growing reception of IoT that guarantees better network in the healthcare industry.

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Key Implications: Digital Transformation of Healthcare Market

Global Digital Transformation of Healthcare Market is projected to register a CAGR of over 14% during the forecast period 2021-2031
Presence of sophisticated healthcare infrastructure supports US expansion, accounting for more than 80% of total North American demand
Investments in smart healthcare will boost year-over-year growth in the UK to 14.4% in 2021.
Exponential growth will be possible in Germany and France, particularly due to increased spending on expanding healthcare.
China is expected to remain the market leading the digital transformation of healthcare in East Asia, while Japan is expected to grow at a faster pace.

The impact of COVID-19 on the digital transformation of the healthcare market

COVID-19 is disrupting businesses, industries and somewhat disproportionate health care across the country. This serious situation has led to a massive digital transformation of the healthcare industry, reducing operating costs, saving treatment time and ultimately improving healthcare quality. Medical advancement is considered a step-by-step evolution, and pandemics have accelerated change and have seen pioneering research in the medical sciences.

For example, telemedicine software (or remote patient monitoring) became the norm in 2020, eliminating the need for physical human interaction. This has become the most important advantage during the COVID-19 crisis. Telemedicine software has also provided healthcare professionals with greater geographic coverage, especially when healthcare resources are limited.

Accordingly, the digital transformation of the healthcare market is expected to grow 10-12% from the previous year from 2019 to 2021.

Rapid adoption of mobility services and healthcare mobile apps has become a major trend

Healthcare organizations are increasingly paying attention to mobile-based communications and encouraging employees to bring their own devices for work-related purposes, which in turn reduces the costs associated with purchasing medical communications devices. This is expected to increase the demand for mobility services. Medical mobility services also allow healthcare organizations to access patient data from anywhere and share insights with patients in real time.

Healthcare organizations around the world are focused on providing personalized healthcare apps for wearable fitness and medical devices. These applications allow patients to access medical information through mobile and devices. This, in turn, is expected to fuel market growth in the near future.

Who is the winner?

Companies operating in the market are currently focused on adopting advanced technologies. With the intention of making healthcare smarter, digital transformation will continue to accelerate within the healthcare sector. Major companies operating in the market include IBM Corporation, CGI Group Inc., Accenture PLC, Deloitte LLP, and HCL Technologies.

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Key Segments Covered

Solution

Software
- Electronic Health Record (EHR) Software
- Connected Medical Billing
- Healthcare Information System (HIS)
- Healthcare CRM Software
- Healthcare ERP Software
Service
- Digital Transformation Consulting
- Digital Transformation Technology Implementation & Integration

End User

Hospitals & Clinics
Pharma Companies
Life Science & Biotech Companies
Healthcare Insurance Providers
Others

Region

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa (MEA)

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Growth Of Clean Steam Separator Market Is Likely To Amass A Market Value Worth US$ 3,441.3 Million During 2022-2032

The global clean steam separator market is likely to amass a market value worth US$ 3,441.3 Million by the end of the forecast period of 2022-2032. The market is projected at US$ 2,554 Million in 2022. The industry exhibited a compounded expansion rate of 2.8% in the timeframe of 2016-21. The growth of the market can be attributed to the growing demand for power across the globe, especially in developing regions, such as Asia Pacific.

In any type of industrial engine wet steam reduces thermal efficiency, further, it can also cause a hydraulic lock or erode internals. Thus, clean steam separators becomes an essential part of many industrial processes, where handling steam and moisture is unavoidable. A typical steam separator uses a tangential inlet and cyclonic action to instantly separate steam and condensate, however, simpler versions are also available.

Clean steam separators come across a variegated range of sizes, for different pressure ranges, for different applications. Demand for clean steam separator is directly proportional to growth of its end use industries. Due to gradually increasing growth rate among most end use industries, the global clean steam separators market is expected to expand with a moderate CAGR over the forecast period.

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Clean Steam Separators Market: Drivers & Restraints

The prime factor boosting the growth in the global Clean Steam Separators market is the rising demand for power across developing nations of Asia Pacific. As coal still remains the most dominant fuel for power generation, demand for steam separators will continue to rise. With reviving economies of US and Western Europe, the chemical and chemical processing industries of the region will also drive the demand for clean steam separators.

Furthermore, as regulation become stricter regarding industrial safety, clean steam separators are bound to witness untapped installation areas, where moisture can corrode other equipment. Reviving crude oil prices is also fuelling oil and gas companies to further invest in gas processing stations, which is also driving more demand for clean steam separators.

Clean Steam Separators Market: Regional Outlook

Geographically, Clean Steam Separators market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. North America has been the global leader in generating demand for clean steam separators, amid, matured industrialization and its giant thermal power industry.

However, over the forecast period, the region’s clean steam separator market is expected to witness maturity levels, as focus on renewable energy rises. Contrary, Western Europe is already catering a mature clean steam separators market, but with reviving chemical and pharmaceutical industry of the region, demand for clean steam separators is anticipated to rise gradually over the forecast period.

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Asia Pacific Excluding Japan (APEJ) is expected to present the most impressive growth considering the demand for clean steam separators. China and India are anticipated to take the lead, amid, increasing demand for power in these countries. Also, as prominent chemical processing and oil & gas companies such as BASF, Dow, Shell, etc. initiates their processing facilities in the region, demand for clean steam separator shall witness a rise.

Japan is another prominent clean steam separators market and is expected to maintain its dominance throughout the forecast period. This can be attributed to a number of reasons such as Japan’s dominant chemical and rubber industry. Latin America and Eastern Europe are also rising markets in terms of demand for clean steam separators, particularly because of rising power demand in the region, and also reviving oil and gas industry.

Gas processing in Russia in one such sector which will attract high demand for clean steam separators. Middle East and Africa is also a prominent region in terms of growing demand for clean steam separators, as KSA plans to diversify its economy. Furthermore, the region has always been highly dependent on fossil fuels for its power consumption, which will continue to drive demand for clean steam separators.

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Clean Steam Separators Market: Key Players

Some of the key players identified in Global Clean Steam Separators market are:-

Eaton
Didion Separator
Colton Industries
Kelburn Separation Specialists
Cole Industries Inc.
Spirax-Sarco Engineering plc
Forbes Marshall
Kadant Inc.
Sesotec GmbH
Penn Separator Corporation

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

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Key Segments Profiles in the Global Clean Steam Separator Market

Clean Steam Separator Market by Type:

Cast Steel Clean Steam Separator
Stainless Steel Clean Steam Separator
Aluminum Clean Steam Separator
Bronze Clean Steam Separator
Other Clean Steam Separator

Clean Steam Separator Market by Structure Type:

Flanged Clean Steam Separator
Fabricated Clean Steam Separator
Flanged and Fabricated Clean Steam Separator
Others Clean Steam Separator Structure Types

Clean Steam Separator Market by End Use:

Clean Steam Separator for Utilities
Clean Steam Separator for Chemical Processing
Clean Steam Separator for Oil and Gas
Clean Steam Separator for Food and Beverage
Clean Steam Separator for Paper and Pulp
Clean Steam Separator for Pharmaceuticals
Clean Steam Separator for Other End Uses

Clean Steam Separator Market by Region:

North America Clean Steam Separator Market
Latin America Clean Steam Separator Market
Europe Clean Steam Separator Market
Asia Pacific Clean Steam Separator Market
Middle East and African Clean Steam Separator Market

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Risen Of Cathodic Protection In The MEA Region Accounts For 9.7% Of The Global Industry Landscape

Currently valued at US$ 5.3 billion in 2022, the global cathodic protection market is anticipated to grow to US$ 7.3 billion by the end of 2028. The cathodic protection market is expected to grow at a significant rate during the forecast period, owing to the efficient and dependable corrosion protection technology, as well as the increasing demand for corrosion prevention technologies to reduce the direct cost of corrosion.

From 2022 to 2028, the demand for cathodic protection is expected to grow at a CAGR of 5.6%. Cathodic protection is a technique that is widely used to control the corrosion of a metal surface in a harsh environment.

According to a recent study by future Market Insights (FMI), the cathodic safety market will grow at a nearly 6 percent CAGR by 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘global Measures of Prevention, Utility, and Economics of Corrosion generation (impact)’ study, the global cost of corrosion exceeded US$ 2,500 billion in 2013.

However, by using the usage of the modern-day to be had corrosion manipulation practices, only around 15% to 35% of the total value of corrosion can be saved, that is between US$ 375 Bn – US$ 875 Bn.

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Cathodic Protection Market: Segmentation Analysis

Cathodic Protection Market Analysis by Solution

In solution, the cathodic protection market has been categorized into products and services. The product segment can be further divided into anodes, power supplies, junction boxes, test stations, remote monitors, coatings, instrumentation, and others.

Services include inspection, design & construction, and maintenance. Leading players in the market provide almost all the products and services for cathodic protection to various end-users.

Cathodic Protection Market Analysis by Type

By type, the cathodic protection market is segmented into galvanic (sacrificial anodes) and impressed current. The impressive current-based cathodic protection continues to hold bulk shares of the market, nearly 80%.

Demand for cathodic protection based on impressed current continues to remain influenced by the high cost of alternative methods available for cathodic protection currently.

Cathodic Protection Market Analysis by Application

By application, the cathodic protection market has been categorized into pipelines, storage facilities, processing plants, water & wastewater, transportation, building, and others.

Government regulations related to the corrosion protection of industrial infrastructures continue to influence the growth of the cathodic protection market.

The more regulations are imposed, the more cathodic protection is required, and the more accurate and detailed the testing and records need to be. This is expected to significantly boost the growth of the cathodic protection market shortly.

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Cathodic Protection Market Analysis by Region

From a regional perspective, North America is projected to be a prominent market, owing to significant pipeline integration in the oil & gas industry. Europe is projected to hold over one-fourth share of the cathodic protection market.

Cathodic Protection Market: Vendor Insights

Key players operating in the cathodic protection market include Aegion Corporation, BAC Corrosion Control Ltd., Cathodic Protection Company, Cathodic Protection Management, Inc., Corrosion Protection Specialist Private Limited, Farwest Corrosion Control Company, Imenco AS, Matcor, Inc, MG Duff International Ltd, Perma-Pipe Inc., SAE Inc., Southern Cathodic Protection, Tecnoseal Group, The Nippon Corrosion Engineering Co., Ltd., and Nakabohtec Corrosion Protecting Co., Ltd.

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Demand Of Positive Displacement Pumps Market In The U.S. Will Account For Over 65% Of The North America By End Of 2031 | FMI

Global positive displacement pump market is set to be valued at over US$ 2.6 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The food and beverage industry requires food grade pumps and therefore, companies introduced new pumps which adhere to the standards provided by bodies such as the Bureau of Food Standards.

Positive displacement pumps are used to transfer fluids in inter and intra facilities. Over the years, the market has developed in terms of innovations in material and design. Companies introduced products which can withstand significantly higher levels of pressure, with advances in material sciences.

According to the report, the market will grow at a CAGR of around 4% between 2021 and 2031. Positive displacement pumps are in high demand as the oil and gas and water distribution industries grow.

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Positive displacement pumps are important equipment used for ensuring accurate and repeatable transportation and pumping operations. Market leaders are investing in refineries for oil-based products to increase their regional presence and market share.

Positive displacement pumps have seen a significant rise in demand over the last few years. To meet the increased demand, manufacturers are planning to build new manufacturing units or expand existing infrastructure.

Demand for positive displacement pump waned in 2020 due to the COVID-19 pandemic. However, the water and wastewater segment of the industry sowed less due to the latest guidelines issued by World Health Organization (WHO) which bodes well for the sales of these equipment in future. Despite the risk of a stimulus in many countries, the market’s long-term outlook is optimistic.

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Key Takeaways from Positive Displacement Pumps Market Study

Reciprocating positive displacement pumps are expected to hold close to 69% of the overall market, driven by cost benefits.
Oil and gas applications are projected to account for over two-fifths of the overall market share owing to extensive applications in associated refinery facilities.
The market in the Germany is projected to expand at a CAGR of around 5%, supported by increasing investments in infrastructure for oil & gas imports.
Sales of positive displacement pumps in the U.S. will account for over 65% of the North America market by the end of 2031.
The emerging markets such as Spain will exhibit steady growth at 5.3% CAGR over the next ten years.

“The surge in demand from the global oil & gas industry for positive displacement pumps in recent years is expected to support market growth, especially in emerging economies such as India and China. Against this backdrop, the market players are likely to increase their investment towards expansion in the developing countries,” says a Future Market Insights analyst.

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Competitive Landscape

The market is highly consolidated, with key players accounting for more than four-fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares.

Some of the key players in this industry include but are not limited to Grundfos, Ebara Corp., Flowserve Corporation, WILO SE, Xylem Inc., The Weir Group Plc, Ruhrpumpen Group, Sulzer AG, Dover Corp., and KSB Group.

Applications in the power generation and chemical sectors played significant roles between 2016 and 2020. According to FMI, the oil and gas industry is expected to grow at a healthy rate in economies such as China, India, the Middle East, and Africa.

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Positive Displacement Pumps Market by Category

By Product Type:

Reciprocating Pump
- Low Capacity
- Medium Capacity
- High Capacity
Rotary Pump
- Low Capacity
- Medium Capacity
- High Capacity

By Application Type:

Oil & Gas
Chemical
Water & Wastewater
Pulp & Paper
Power
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East and Africa (MEA)

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High Demand for Helicopter Fleet to Offer Rescue Hoist Systems US$ 822.3 Mn Opportunity by 2032

According to the latest insights by Future Market Insights (FMI), the global rescue hoist systems market is set to be valued at over US$ 569.8 Mn in 2022. The market is anticipated to expand at over 3.7% CAGR between the assessment period of 2022 to 2032. It is likely to reach US$ 822.3 Mn by 2032.

According to Future Market Insights, the market for rescue hoists systems is primarily being driven by high demand from the search and rescue operations team in the military and defense sector. Besides, growing use of emergency rescue and response operations by disaster response and rescue assistance groups around the world would drive the market.

Surging use of latest technologies in the field of rescue hoist systems to achieve better results is another crucial factor that would push the market. According to FMI, defense remains the top user of rescue hoist systems. The segment is anticipated to remain dominant throughout the forecast period. The defense sector accounts for a sizable share of the world’s helicopter fleet. Combat helicopters are also set to be a leading user of rescue hoist systems, as compared to other helicopters.

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Key Takeaways from Rescue Hoist Market Study

South Asia & Pacific rescue hoist system market is estimated to witness a CAGR of 2% throughout the forecast period (2022-2032).
The rescue hoist system market holds around 3-8% of share in the global hoist system market.
India rescue hoist system market is anticipated to grow at a CAGR of 6% in the forecast period.
By capacity, the 0.15 to 0.5 tons segment is estimated to account for more than 66% of the market share by 2032.
Based on end use, the defense segment is set to grow at a CAGR of 4% during 2022-2032.

“Increasing use of helicopters for maintenance, repair, and overhaul (MRO) services in the field of offshore wind turbines is projected to aid the global market. Besides, growing offshore oil production would create lucrative opportunities for key players present in the global rescue hoist market,” says a Future Market Insights analyst.

Competitive Landscape: Rescue Hoist System Market

In accordance with the changing regulatory frameworks, market leaders such as Breeze Eastern, VINCORION and Collins Aerospace are focusing on providing rescue hoist systems with improved capabilities. Some of the other companies are focusing on building strong relationships with major militaries for gaining long-term supply contracts.

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Find More Valuable Insights on Rescue Hoist System Market

The research report analyzes demand for Rescue Hoist. The global Rescue Hoist market has been analyzed with various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of type, drive mechanism, sales channel, capacity, end use and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both supply side and demand factors.

About Future Market Insights – Industrial Automation

The industrial automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial and special purpose machinery across manufacturing sectors and distinctive analysis about installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustain, grow and identify new revenue prospects.

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Automated Material Handling Equipment Market size worth $ 70 Billion, Globally, by 2032 at 9.4% CAGR | FMI

The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry.

The material handling industry is expected to benefit from the growing trend toward smart factories. In order to evaluate operating efficiency and decrease waste, the entire manufacturing floor now requires monitoring at every step of the process. In such cases, smart factories with handling equipment provide continuous monitoring of all processes. Furthermore, many intuitive technologies included in material handling systems, such as cloud connectivity and data analytics, improve asset performance and give real-time actionable data.

Wireless remote-control systems that help give better diagnostics and save commissioning time are also provided by the incorporation of such automated material systems placed in facilities. The rise of industry 4.0 and smart factory development is creating a potential market for automated material handling systems as a result of the aforementioned considerations.

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The failure or breakdown of AMH equipment can have a significant impact on a company’s overall earnings. Breakdowns cause the entire production process to be delayed, resulting in output losses and plant performance degradation. As a result, such automated material handling systems business’ must invest extensively in preventive maintenance of their AMH equipment in order to avoid downtime and assure proper operation.

The automated material handling systems market growth is predicted to rise as the e-commerce industry continues to develop. Today’s e-commerce industry is booming all over the world, creating a great need for process automation. Amazon, Walmart, and other major retailers are progressively incorporating automated technologies to carry out operations in a more efficient, precise, cost-effective, and secure manner. Aside from that, the growth of the manufacturing industry is a big contributor to the material handling systems market expansion. Owners of facilities are concentrating on producing and delivering products to their clients at a faster, cheaper, and higher quality rate. As a result, integrating handling equipment allows for more efficient production cycles, which minimises operational costs and waste.

SMEs are unable to fully automate their supply chains due to the high upfront expenses of implementing AMH technology. Because small businesses cannot afford automated material handling systems, they must rely on traditional/manual material handling methods. Some major businesses reduce their upfront costs by renting industrial trucks, leasing equipment, or purchasing used equipment. This is expected to hinder the sales for new equipment.

Key Takeaways

Due to factors such as rising need for industrial processes and warehousing units, Asia Pacific dominates the worldwide automated material handling systems market.
Due to increased penetration of online shopping trends, the presence of large online vendors, rising logistics infrastructure, and other factors, the e-commerce sub-segment is predicted to grow significantly throughout the projection period. This trend is driving warehouse operators to add automation technology into their warehouses in order to manage the supply chain ecosystem more efficiently.

The unit load sub-segment is predicted to grow at the fastest rate, propelling the automated material handling systems market forward in the near future. This can be attributed to the e-commerce industry’s expansion.
Due to rising consumption from the food and beverage, pharmaceutical, and e-commerce industries, the packaging sub-segment is predicted to rise gradually over the projected timeline.

Competitive Landscape

Due to the growing demand for increased efficiencies at distribution centres as a result of the expansion of ecommerce, prominent corporations are proactively working on supplying automated material handling systems for logistics solutions businesses. Furthermore, to supplement the market for the handling equipment, these main companies are focusing on sales efforts. According to secondary sources, European retailers ordered Vanderlande TMHE’s AGFs to establish a fully automated distribution centre in their new distribution facility.

Daifuku, KION, SSI Schaefer, Toyota Industries, and Honeywell International are among the key players.

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Recent Developments

KION Group will open a new forklift truck manufacturing in China in December 2021 to provide supply chain solutions. For future manufacture of industrial trucks and supply chain solutions in Jinan, the plant has a total volume of roughly 140 million.

Toyota Material Handling Japan introduced the SenS+ operation system in August 2021, which detects and identifies pedestrians and objects behind the forklift and instantly controls and stops the truck’s backward motion.

Daifuku and AFT industries collaborated in February 2021 to combine their material handling capabilities in the automotive business. Daifuku and AFT will benefit from each other as a strategy to open global markets and secure increased demand and investments in material handling systems from car manufacturers.

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