Market Research Blog – Page 10966 – New Product Development

According To FMI, ESD Safe Matting Market Will Expand At A 3.8% CAGR Between 2022 And 2032

The global ESD safe matting market is expected to be valued at US$ 101.72 Million in 2022, expected to reach US$ 147.71 Million by 2032. A CAGR worth 3.8% is expected for the market during the 2022-2032 forecast period. The growing use of ESD-Safe Mat in industries such as table, bench, monitor, floor, and others is propelling the global ESD-safe mat market forward.

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ESD safe matting is used by people who work with Electrostatic Discharge (ESD)-sensitive electrical components such as backplanes, Printed Circuits Boards (PCBs) and motherboards. ESD safe matting helps create an ESD Protected Area (EPA).

Most of the units that manufacture electronic components as well as data centres that house mainframe supercomputers need to be very cautious when it comes to controlling their electrostatic discharge, as it can cause temporary or permanent damage. Not only the electronic components, but also the employees working at these places need to be protected from static discharge. Moreover, flammable materials, such as gases or chemicals, are likely to burn upon direct contact with electric sparks, which can be prevented with the usage of ESD safe matting.

ESD Safe Matting Market: Related Standards

The ESD safe mats should comply with standards such as ESD Standard 20.20, ESD Standard 4.1, EIA 625, MILl-HDBK-263 and MIL-STD-1686. Moreover, the material used in ESD safe matting should comply with International ESD standards, such as IEC 61340-5-1, for the protection of electrostatic sensitive devices.

ESD Safe Matting Market: The increasing importance of self-protection at workplaces is expected to boost the demand for ESD safe matting

Increase in the demand for self-protection at workstations, coupled with an increase in the demand from the end-use sector, is expected to spur the demand for the ESD safe matting market. In addition, the demand for entry matts market has risen significantly owing to its wide adoption by end users for different applications. Manufactures can very simply customise the size and shape of mats, and provide additional features to consumers as per their requirements.

ESD Safe Matting Market: Trend

The demand for products that offer protection against ESD will continue to grow across the world. With persistent demand from electronics sector, the size of the ESD products market, which include ESD safe matting, is expected to witness significant growth. Moreover, the increasing usage of nano-materials is also expected to boost the ESD products market, in addition to the growing electronics business across the world. To keep pace with international standards and trends, the ESD products available in various countries are undergoing major upgradation.

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Furthermore, companies engaged in the business of ESD safe matting are launching new products to sustain their share in the ESD safe matting market. For instance, Nortax launched the SkyStep ESD safe matting, which is available in a choice of compounds for certain industrial applications such as oil-proof, general-purpose or ESD-static dissipative. Similarly, a new type of wrist strap cum double footwear testers have been launched for testing the strength of the ESD footwear and wrist strap.

Moreover, companies are producing customised ESD safe matting to fulfil the requirements of customers. With the emergence of new technologies, the manufacturers of entrance matting are focusing on more advanced methods to make entrance matting more innovative with various sizes and designs.

ESD Safe Matting Market: Market Participants

Examples of some of the market participants/vendors identified in the ESD safe matting market across the globe are:

ACL Staticide Inc., RS Pro, Shanghai Jiafu New Material Technology, Superior Manufacturing Group, Hozan, , Bertech, Achilles Industrial Materials, Hakko, Ranco Industries, Zhejiang CONCO AntiStatic, SDM Technologies, COBA Europe, Henyer Rubber, Desco (SCS) and Cleansem.

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.

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The report covers exhaustive analysis on:

Market Segments of ESD Safe Matting
Market Dynamics of ESD Safe Matting
Market Size of ESD Safe Matting
Supply & Demand of ESD Safe Matting
Current Trends/Issues/Challenges of ESD Safe Matting
Competition & Companies involved of ESD Safe Matting
Technology of ESD Safe Matting
Value Chain of ESD Safe Matting

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)

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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.

Key Segments Profiled in the Global ESD safe matting market

ESD Safe Matting Market by Application:

Table ESD Safe Matting
Bench ESD Safe Matting
Floor ESD Safe Matting
Monitor ESD Safe Matting
Others ESD Safe Matting

ESD Safe Matting Market by Type:

Vinyl ESD Safe Matting
Rubber ESD Safe Matting
PVC ESD Safe Matting
Others

ESD Safe Matting Market by Region:

ESD Safe Matting Market in North America
ESD Safe Matting Market in Latin America
ESD Safe Matting Market in Europe
ESD Safe Matting Market in Asia Pacific
ESD Safe Matting Market in MEA

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
Have a Look at Related Research Reports of Industrial Automation

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

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According To A Detailed Report By FMI, Global Market For Galvanic Isolation Is Expected To Grow At A CAGR Of 5.2%

During the projection period of 2022 to 2032, demand for galvanic isolation is expected to rise at a moderate CAGR of roughly 5.2 percent. The observed growth can be attributed to increased demand from diverse industries such as telecommunications, healthcare, and manufacturing.Galvanic isolation is a designing technique that isolates functional sections of electrical systems to eliminate stray current. Optical isolators and transformer are generally used for galvanic isolation, which ensure AC signals to pass through the circuit but not stray current. Various galvanic isolation components such as relays and capacitors are used in intrinsic safety isolators, and healthcare equipment and monitoring system. In addition, galvanic isolation can be used in medical imaging devices, UPS, and invertors etc.

Global Galvanic Isolation Market: Segmentation

Galvanic isolation market is segmented into vertical and region. On the basis of vertical the global galvanic isolation market is segmented into telecom sector, healthcare sector, public sector, industrial sector, manufacturing sector, energy and utility sector, and transportation sector. FMI forecasts, telecom sector is expected to create a huge market opportunity for key players operating in the galvanic isolation market. Region wise the global galvanic isolation market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East and Africa (MEA).

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Global Galvanic Isolation Market: Region Wise Outlook

The global galvanic isolation market is expected to witness a considerable growth in CAGR during the forecast period from 2015 to 2025. North America held the lead in terms of relative market share consumption value of galvanic isolation market in 2014. As per FMI projection, the galvanic isolation market in APEJ region is expected to grow at a fastest CAGR during the forecast period.

Global Galvanic Isolation Market: Drivers

Galvanic isolation device is easy to install, provides signal conversion options and is cheaper than other isolators. In addition, long-term performance of galvanic isolation device and application specific design are some of the major factors identified in the market that are driving the growth of galvanic isolation market across the globe.

Global Galvanic Isolation Market: Restraint

Failure of galvanic isolation devices without any notification, alert or symptoms can act as a restraint which is expected to hinder the growth of the galvanic isolation market.

Global Galvanic Isolation Market: Competitive Landscape

Major players in the global galvanic isolation market focus on investing on research and development activities in order to come up with advanced products. For example, Avago Technologies limited launched dual-channel R2Coupler optocoupler devices, the ACFL-621xT and ACFL-521xT in 2015. These optocoupler have especially been designed for automotive applications. Additionally, in the same year, Avago Technologies limited launched a wide range of latest industrial fiber optical products in Europe.

Global Galvanic Isolation Market: Key Players

Some of the major players operating in the global galvanic isolation market are Corrpro Companies Inc., Avago Technologies limited (AVGO), STMicroelectronics N.V., ROHM Semiconductor, Perle Systems Europe Ltd., Infineon Technologies AG, Professional Mariner LLC., Pepper+Fuchs GmbH and Analog Devices Inc. (ADI) etc.

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The report covers exhaustive analysis on:

Galvanic Isolation Market Segments
Galvanic Isolation Market Dynamics
Historical Actual Market Size, 2012 – 2014
Galvanic Isolation Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Galvanic Isolation Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Galvanic Isolation Market Drivers and Restraints

Regional analysis for Galvanic Isolation Market includes

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Western Europe
- EU5
- Nordics
- Benelux
Eastern Europe
Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
Japan
Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa

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Galvanic Isolation Market 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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From 2022 To 2032, Market For Aviation Test Equipment Will Expand At A CAGR Of 4.3%, According To FMI.

The global aviation test equipment market is expected to reach $9.8 billion by 2032, growing at a CAGR of 4.3 percent. In 2022, total sales of aircraft test equipment will reach $8.0 billion. Increased R&D activities aimed at developing technologically sophisticated products in the aerospace and military industries are likely to stimulate demand for aviation test equipment.

Aviation Test Equipment are used in the Aviation industry for maintain and also for upgrading the hydraulic, pneumatic, electrical power systems. Maintenance system in the aircraft and also regular checkups of the aircrafts is very important in both the sectors, commercial as well as in defense sector. There are aircraft mechanics to examine and replacement of aircraft parts, to diagnose any electrical and mechanical problem, to repair brakes, wings or any other aircraft equipment, to test aviation equipment’s with gauges, inspection of the complete work or process to maintain performance standards.

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Recently, Airbus has fitted the test equipment in its first A321neo in Germany. The aircraft, MSN6673 would be fitted with Pratt and Whitney PW1100G engines. The test regime will be adopted for A321neo because its wings differ from A320 neo and A319neo.

Aviation Test Equipment Market: Drivers & Restraints

Technological advancement, increase defense budget, increase in R&D activities of aviation test equipment’s, wavering government expenditure, multi-use test system for multiple weapon platform, scalable and configurable testers, increase usage of software adaptable solution are the most important driving factors in aviation test equipment market. Since there’s also an increase in the aerospace activity, the demand for aviation test equipment has increased regardless of the geographical location.

Short life span of avionics module and maintenance of legacy platforms are acting as a barrier for aviation test equipment market.

Aviation Test Equipment Market: Overview

The aviation test equipment market has grown substantially at a healthy CAGR due to increase product innovation and increase aerospace activity. With rapid technological advancement and expertise, aviation test equipment market is expected to grow globally. Asia Pacific will emerge as the fastest growing region in aviation test equipment market.

Aviation Test Equipment Market: Region-wise Outlook

The aviation test equipment market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, aviation test equipment market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific and Middle East and Africa are the growing market due to the increasing aerospace activity. Europe and North America also have a market for aviation test equipment’s since they have more resources, technically advance and expertise than the developing regions.

Aviation Test Equipment Market: Key Players

Some of the key market players in aviation test equipment market are Airbus, GE, Boeing, Honeywell International, Moog, 3M, Rolls Roycee Holdings.

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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 categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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Aviation Test Equipment Market: Segmentation

Aviation Test equipment market is broadly classified on the basis of the following segments –

By Product:

Electrical Aviation Test Equipment
Hydraulic Aviation Test Equipment
Power Aviation Test Equipment
Pneumatic Aviation Test Equipment

By End-User:

Commercial
Defense/Military Sector

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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Hydronic Underfloor Heating Market Is Anticipated To Increase From USD 4.24 Billion In 2022 To USD 7.59 Billion By 2032

From USD 4.24 billion in 2022 to USD 7.59 billion in 2032, the hydronic underfloor heating market is expected to grow at a CAGR of 6% through 2032. Continuous efforts to conserve energy and raise standards for energy-efficient systems are expected to propel the hydronic underfloor heating market forward influencing the hydronic underfloor heating market key trends and opportunities.

The hydronic underfloor heating market landscape is being propelled by comfort, cost efficiency, product equivalence with other heat sources, and minimal design considerations affecting the hydronic underfloor heating market adoption trends.

The hydronic underfloor heating market will benefit from significant economic transformation as a result of rapid commercialization and industrialization escalating the hydronic underfloor heating market’s future trends.

The commercial segment of the hydronic underfloor heating market is expected to grow at a CAGR of over 6%. Product applications in healthcare will supplement product demand for hydronic underfloor heating, as will the growing demand for space heating in the hospitality sector.

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The implementation of regulatory codes and standards that favour green building infrastructures, as well as the hydronic underfloor heating market trend toward lower energy bills, will encourage product adoption of hydronic underfloor heating in commercial applications.

Germany, for example, unveiled its new plan in April 2022 to speed up the transition to clean energy technologies from previous green energy standards. It included a shift to green energy from 65% to 80% of the total energy mix which will have as positive impact on hydronic underfloor heating market trends and forecasts and also help in escalation of the sales of hydronic underfloor heating.

Key Takeaways:

Through 2032, the hydronic underfloor heating market’s new buildings segment is expected to grow at a rate of around 6%.
Due to an increased focus on demand-based heating solutions, the residential application is expected to hold a significant hydronic underfloor heating market share.
By 2032, the hydronic underfloor heating market in Europe is expected to be worth more than USD 3.5 billion.
Northern America leads the hydronic underfloor heating market and is expected to keep growing at its current rate, accounting for about 32.5% of the global market value, with a 4.6% CAGR.

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COMPETITIVE LANDSCAPE:

New market research report on hydronic underfloor heating says that Uponor Corporation, Amuheat, REHAU AG, Eberle by Schneider Electric, Mitsubishi Electric Corporation, Robert Bosch GmbH, Danfoss, Warmup, H2O Heating Pty Ltd., Hunt Heating, Hurlcon Hydronic Heating, Honeywell International, Inc., Polypipe, Schluter Systems, Warmboard, Inc., and Daikin are among the legacy players vendors.

The research offers a comprehensive competition analysis of these top competitors in the hydronic underfloor heating market, including hydronic underfloor heating market growth, hydronic underfloor heating market share, hydronic underfloor heating market adoption trends and important market strategies.

Recent Development in the Hydronic Underfloor Heating:

Product Launches:

nVent Electric plc added advanced work packaging and heat mapping capabilities to its available software in November 2021. It released software that combines the client’s 3D plant modelling systems with integrated heat management system (HMS) design capabilities.
Emerson introduced the Warm Tiles ColorTouch line of thermostats in January 2020, which includes a WiFi-enabled version that gives customers remote access to their systems via a mobile device or web browser, making it simple and cost-effective to control in-floor heating systems.
At the Specifi London building services event in October 2019, Rehau unveiled the RAUTITAN heating and plumbing system as well as the RAUPIANO pipework system.

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Expansion:

Uponor Corporation purchased Capricorn S.A. in November 2021 to expand its European manufacturing network. This acquisition added to Uponor’s surface heating and cooling portfolio.

Partnership:

Warmup Inc. formed a strategic partnership with Concora in June 2021 to develop a digital experience platform for commercial building product manufacturers.

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Variable Air Volume System Market Size Surpassing US$ 15.5 Bn By 2032: FMI

Total sales in the global variable air volume system market are expected to exceed US$ 12 billion in 2022. Rising adoption of these systems in commercial and residential buildings is expected to drive demand at a 7% CAGR, with the market exceeding $15.5 billion by 2032.

Rising disposable income, sustainability concerns, increased infrastructure investments, and energy efficiency legislation are some of the key factors driving the variable air volume system market’s growth.

Constant air volume (abbreviated as CAV) systems are those that provide constant airflow at varying temperatures. VAV systems, as opposed to CAV systems, vary the airflow while maintaining a constant temperature. VAV systems have several advantages over constant-volume systems, including more precise temperature control, lower energy consumption by system fans, less compressor wear, less fan noise, and increased dehumidification.

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In 1970s, when the energy prices began to rise Variable Air Volume System (abbreviated as VAV system) came into picture. VAV system supplies conditioned air with the volume varying as per the heat loss or gain in the occupied spaces, without any change in the temperature.VAV system is a type of heating, ventilating and air-conditioning system.

With rising disposable income and opulent lifestyle, all of us want to achieve quality indoor environment and higher level of energy efficiency by automating and controlling the building systems.

Variable Air Volume System Market: Drivers & Restraints

Installation costs are highly application specific, construction and layout of the building and whether its new or retrofit. Lack of familiarity , servicing and maintenance and spare parts availability are probable factors restraining the growth of the variable air volume system market.

Variable Air Volume System Market: Overview

With product innovation and technological developments, the acceptance of variable air volume systems is gaining popularity. The global variable air volume system market is expected to expand at a promising CAGR during the forecast period (2015-2025).

Variable Air Volume System Market: Region-wise Outlook

The global variable air volume system market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global variable air volume system market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global variable air volume system market in terms of market revenue followed by Europe. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global variable air volume system market value exhibiting a robust CAGR during the forecast period, 2015?2025.

Variable Air Volume System Market: Key Players

Some of the key market participants in global variable air volume system market are Honeywell International Inc, Schneider Electric, KMC Controls Inc, Vemco Inc, Johnson Controls Inc, Trane Inc, Emerson Climate Technologies.

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 and applications.

The report covers exhaustive analysis on:

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

Regional analysis includes

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

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Variable Air Volume System Market: Segmentation

The global variable air volume system market is broadly classified on the basis of product type, applications and geographies.

Based on application, the global variable air volume system market is segmented into:

Residential
Commercial
Industrial

Based on product type, the global variable air volume system market is segmented into:

Single zone VAV
Multiple zone VAV

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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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Sound Level Measurement Meter Market Forecast To Grow At A CAGR Of 5.1% During 2022-2032, Future Market Insights Inc.

Demand for sound level measurement metres market is anticipated to reach US$ 682 million in 2022 and grow at a CAGR of 5.1% to US$ 1,120 million between 2022 and 2032. Growth is attributed to development in residential and commercial construction as well as the rising demand for renovation projects.

Acoustics are measured using a sound level measurement device (sound that travels through the air). It has a microphone and is a very small device. Sound waves cause changes in air pressure, which the microphone’s diaphragm responds to.

Due to an increase in the use of woofers and speakers with high power, an increase in the number of jet planes, and an increase in the number of car users,.

These problems are leading to the growing concerns regarding the world population, which is creating the need for the development of certain useful measures for controlling the level of noise. This has led to the usage of sound level measurement meters to address the increasing concerns regarding noise pollution.

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Owing to the growing number of automobile users, increase in the number of jet planes and rise in the usage of woofers & speakers with high power, there has been a significant increase in problems such as stress, hearing and cardiovascular diseases.

A sound level measurement meter is used for the measurement of acoustics (sound that travels through air). It is a very small device with a microphone. The diaphragm of the microphone reacts to changes in the air pressure that are produced by sound waves.

Noise at workplaces can cause deafness, which can either be short-term or permanent. While people may recover from short-time deafness after leaving the noisy place, those who continue to be exposed to loud noise are likely to suffer from permanent damage.

Therefore, noise control regulations at workplaces came into force in 2006 to protect workers from the effects of noise. Consequently, new sound level meters should meet the regular standard ANSI S1.4 to either 1 or IEC 61672 to 1.

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The overall sound level measurement meter market is extremely fragmented with the presence of a large number of companies. At present, key players of the sound level measurement meter market are focusing on providing products at competitive costs to customers and implementing strategies such as acquisitions and agreements.

Sound Level Measurement Meter Market: Dynamics

Increase in the number of investments by governments to maintain eco-friendliness is boosting the demand for sound level measurement meters. In addition, increase in the number of noise pollution studies for the quantification of different types of noise, especially from the industries, aircrafts and mining, is likely to boost the demand for sound level measurement meters.

Moreover, increasing standards related to noise pollution are expected to spur the demand for sound level measurement meters.

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Sound Level Measurement Meter Market: Market Participants

Examples of some of the market participants/vendors identified in the global sound level measurement meter market are:

3M Company
Norsonic AS
Svantek, Inc.
Testo SE & Co. Kgaa
CIRRUS Research Plc.
Tes Electrical Electronic Corp.
Nti Audio
Casella, Inc.
Bruel & KJR
Rion Co., Ltd.

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.

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According To FMI, Market For Silicon Anode Batteries Would Expand At A 21.5 Percent CAGR Until 2031

ccording to the report, the silicon anode battery market is expected to surpass US$ 2.09 Bn by 2031. Applications of these batteries are rising steadily across industries, as a replacement anode for graphite. Applications in automotive and consumer electronics will drive silicone anode batteries sales, finds Future Market Insights (FMI) in a new study.

Its application within the automotive sector is expected to skyrocket especially in response to the increasing production of electronic vehicles. While the automotive sector currently holds dominance, the consumer electronics sector will trail closely, exhibiting high growth. Silicon has comparatively better technical features than graphite, hence it is used as a utility negative electrode in lithium-ion batteries.

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Key Takeaways of Silicon Anode Battery Market Study

Silicone anode battery market will register impressive growth, exhibiting 21.5% CAGR between 2021 and 2031
Expansion of consumer electronics and automotive sectors will enable the U.S. account for over 70% silicon anode batteries sold in North America
Despite a year of negative growth, the U.K. will register 16% y-o-y growth in 2021, thanks to increasing sales of electronic vehicles
Germany and France will emerge as highly lucrative markets for silicon anode battery in Europe
Increasing consumer electronics manufacturing and demand for state-of-the-art technologies supporting expansion in China. Japan and South Korea too will continue offering lucrative opportunities

“Silicon anode manufacturers are likely to capitalize on the increasing demand for electronic vehicles. Higher focus on environmentally-friendly technologies will continue offering attractive opportunities,” said a lead analyst at FMI.

North America currently leads the market. Europe too will exhibit increasing demand, thanks to increasing focus on the production of electric vehicles. Besides this, growth exhibited in both East and South Asia will increase at an accelerated pace especially since these regions are focusing on expanding their manufacturing facilities.

Who is Winning?

Some of the leading players operating in the silicon anode battery market are Amprius Inc, Nexeon Ltd, Enevate Corp and Boston Power Inc.

The Silicon Anode Battery market is a highly competitive market dominated by regional players. These companies are striving to offer the most optimized solutions while mitigating the technical challenges.

Companies operating in the market have been focusing on capacity expansion and introducing innovative solutions. For instance, Canada-based startup TRION Energy has been focusing on addressing incumbent challenges by adding silicon to graphite using its low cost technology called SiMoGraph technology.

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About the Report:

The research report analyzes the total sales of silicon anode battery on the basis of volume (MWh) and value (US$ Mn). The market is projected on the basis of factors such as industrial growth of battery sector, developments in battery technology, end-use industry demand, global GDP growth, industry value added, and government regulations. The scope of the research report includes only new sales of silicon anode battery.

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Heat Recovery Steam Generators Market To Expand At A 5.7% CAGR By The End Of 2031: FMI

These factors are expected to cause the market to expand at a steady CAGR of 5.7 percent, with the U.K., the U.S., Germany, and Japan emerging as major producers.

As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global heat recovery steam generator market is anticipated to reach US 1.1 Bn in 2021. With the U.S., the U.K., Germany, and Japan emerging as key producers, the market is poised to grow at a 5.7% CAGR through 2031.

In addition, government initiatives in counties such as the U.S., the U.K., India, and China regarding the promotion of renewable energy will spur demand for heat recovery steam generators in the forthcoming years.

Further, sophisticated customization and innovative product solutions offered by OEM’s and heat recovery steam generator players will continue providing tailwinds to sales.

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As per FMI’s regional analysis, the U.K. is anticipated to lead the European heat recovery generator market. Stringent regulations regarding carbon emissions in the European Union, coupled with increasing adoption of renewable energy sources will enhance growth prospects through 2031.

“Increasing investments in the power generation sector to improve efficiency, coupled with inorganic growth strategies adopted by OEMs for better market reach will continue augmenting growth in the forthcoming years,” says the FMI analyst.

Key Takeaways:

Fully assembled heat recovery steam generators will remain the most preferred type of design.
In terms of configuration, horizontal drums will account for maximum sales.
Based on output power, 0-60 MW segment is poised to experience high demand.
Combined heat and power plants will dominate the application segment.
The U.S. is anticipated to witness high demand for heat recovery steam generators, owing to increasing energy production and need for sustainable methods. The North American market is poised to grow at a 4.4% CAGR.
The U.K. will continue leading the European heat recovery steam generator market, expanding at a 4.6% CAGR.
Demand for heat recovery steam generators will continue rising in China, due to rising adoption of combined cycle plants.
India will emerge as a lucrative market, owing to government-backed initiatives promoting renewable energy production.
Japan and South Korea will collectively account for 5% of the total market share.

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Competitive Landscape

Cleaver-Brooks, Siemens AG, General Electric, CMI Group, John Wood Group PLC, Cannon S.p.A., Mitsubishi Hitachi Power Systems, Ltd., Rentech Boilers Systems Inc., Hamon Deltak, Inc., AC BOILERS SpA, SES Tlmače, a.s., and Xizi United Holdings Limited are some players operating in the heat recovery steam generator market profiled by FMI.

Top 5 players in the market include General Electric, Siemens AG, CMI Group, John Wood Group plc, and Mitsubishi Hitachi Power Systems Ltd., accounting for 75.5% of the total market share.

Leading players, as a part of their growth strategies, are focusing on strategic collaborations, mergers, and acquisitions to expand their global footprint and improve their product portfolios. For instance:

In August 2021, Siemens Energy and state-owned Egyptian Electricity Holding Co. have signed a memorandum of understanding to develop a hydrogen-based, including a 100-200 MW pilot electrolyzer facility for the clean energy industry.
In August 2021, Mitsubishi Power’s Philippines unit secured a three-year term service agreement to maintain boilers of the Davao coal plant of Aboitiz Power Corp. The agreement is intended to maintain reliable energy access in Mindanao.

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The Value Of The Global Micro Robots Market Is US$ 134.86 Billion. Future Market Insights, Inc.

The micro robots market is estimated a CAGR of 17.45% during the forecast period, up from US$ 27 Billion in 2022 to reach the valuation of US$ 134.86 Billion by 2032.

This study is one of the most comprehensive documentation that captures all the facets of the evolving Micro Robots market.

A typical micro robot is a reprogrammable and autonomous robots toys that can observe, move, and learn in a given environment to perform a given task. The micro robots have dimensions (size) less than 1 mm and larger than 1 μm.

Moreover, micro robots are made of sub-millimeter scale components, such as micro sensors, micro actuators, and micro mechanisms, and are assembled by micro fabrication methods, which are different from conventional macro-scale machining techniques.

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With the several functional advantages such as sensing, manipulation, transport and delivery, and local heating, the micro robots are gaining traction in the market. Generally two type of micro robots including synthetic and bio-hybrid are used by various end use industries including automotive, manufacturing and healthcare among others.

Micro robots are capable of performing many critical medical tasks, such as minimally invasive diagnosis and treatment inside the human body. Also, micro robots have important applications in biological studies or bioengineering applications inside microfluidic devices, desktop micro manufacturing, and mobile sensor networks for environmental and health monitoring.

These factors are estimated to boost the demand for micro robots in the healthcare industry around the globe over the forecast period.

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Micro Robots Market: Dynamics

Increasing demand for micro robots in various micro applications such as micro assembly, micro fabrication and micro positioning is estimated to fuel the growth of global micro robots market over the assessment period. In manufacturing and fabrication industry micro robots are basically used for fabricating structures on a micro scale.

Micro robots are flexible, compact, and easily configurable and more importantly, these micro robots adapt themselves as per environmental conditions. These factors will propel the demand for micro robots in the global market. Micro robots are expected to create significant opportunities in the medical and healthcare industry, with the ability to perform perilous tasks, such as diagnosis, biopsy, and surgery.

Micro robots could be used to develop new transformative approaches for the treatment of chronic diseases such as liver disease, cancer, respiratory diseases, kidney disease, and cardiovascular disease. Owing to the increasing demand for micro robots in the medical & healthcare industry, various manufacturers are developing autonomous self-learning micro robots which in turn will accelerate the demand and affirmatively create new growth opportunities in the market.

The micro robots manufacturers are engaged in research & development activities for improving the structure and design of the micro robots systems. For biological applications, the micro robots must be small, reliable, and biocompatible. If the micro robots are being injected inside the human tissue, it should not cause any damage or infection to it. Therefore, designing such critical devices is a major challenge for micro robots manufacturers.

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Micro Robots: Regional Market Outlook

North America is expected to hold the dominant share in the global micro robots market due to the high adoption rate of autonomous technologies across the region. Apart from this, North America also has numerous manufacturers that are working towards the development of new and innovative micro robot.

Asia Pacific is expected to show the significant growth opportunities in the micro robots market due to the high demand from the pharmaceutical & healthcare industry across the region. East Asia regions is stipulated to be the attractive region for the micro robots market owing to the high adoption rate of micro robots in several applications in military and healthcare.

China is expected to show lucrative growth opportunities in the market due to heavy investments in industrial automation. Regions including Middle East Africa and Latin America are predicted to have healthy growth in the global micro robots market.

The micro robots research report presents a comprehensive assessment of the Micro robots 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 micro robots research report provides analysis and information according to market segments, such as geographies, application, and industry.

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Key Segments

By Mode:

Autonomous
Semi-Autonomous

By Material Type:

Bio-Hybrid
Synthetic

By End User:

Pharmaceutical Industry
Healthcare Industry
Automotive Industry
Manufacturing Industry
Military

By Region:

North America
Latin America
Asia Pacific
Europe
MEA

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Absorbable Tissue Spacer Market Forecast 2029 | Size, Share, Growth & Forecast |Future Market Insights

The global absorbable tissue spacer market reached ~US$ 85 Mn in terms of value in 2018, and is expected to propel at an impressive CAGR of ~10 % during the forecast period.

Surging demand for radiation therapy in the backdrop of rising morbidities due to cancers as compared to other chronic diseases altogether in developed and under-developed economies are surfacing as the cornerstone for the progress of absorbable tissue spacer market, says the FMI study. Furthermore, stringent legal policies will persist to regulate the emission of high-energy rays during radiotherapy treatment and assure patient safety, which is likely to motivate manufacturers to perform clinical studies by consulting with experts.

Increasing prevalence of cancers continues to be a global concern, and elimination of cancerous tissues in an efficient way remains of core interest for oncologists and dosimetrists. The leading participants in absorbable tissue spacers market landscape are focusing on conducting clinical trials to develop spacers that are tailored to specific needs of the target area.

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Hydrogel-based Spacer Remains Preferred among Surgeons

As per the findings of FMI’s research, hydrogel-based absorbable tissue spacers account for ~3/4^th shares of total sales. The report further suggests that the hydrogel-based spacer is rapidly becoming an integral component of prostate cancer radiotherapy and is one of the few absorbable tissue spacers that have received government clearance in most of the countries.

Preview Analysis of Absorbable Tissue Spacer Market is segmented by ( Product Type – Hydrogel-Based Spacer, Biodegradable Hyaluronic Acid Spacer, Biodegradable Balloon Spacer & Crystal-Based Spacer; Application – Radiotherapy & Infection Management; End Use – Hospitals, Ambulatory Surgical Centres & Specialized Clinics;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2029

Hydrogel-based spacers have high tolerability as the space created between prostate and rectum efficiently lowers the emission concentration on the rectum, significantly reducing irritation of rectum during prostate radiotherapy. Placing hydrogel-based spacers is technically less-complicated, especially for surgeons who are aware of ultrasound-directed transperineal injections. Magnetic Resonance Imaging (MRI) and Computed Tomography (CT) scans enable confirmation about proper deployment of spacers. Furthermore, patients undergoing radiation therapy with hydrogel-based spacers are lesser prone to adverse long-term rectal complications and relatively decreased amount of rectal pain during treatment, making hydrogel-based spacer most sought-after among oncologists.

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Cancer specialists are constantly shifting towards absorbable tissue spacer to cure different types of cancers. Absorbable tissue spacers, after proper placement, protects the adjacent healthy tissues from strong radiation, resulting in increased concentration of dose delivery at the affected organ, thereby eliminating adverse procedural events. Further, absorbable tissue spacers avoid the need for a second surgery for spacer removal as they gradually dissolve into the tissues.

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