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In 2022, the worldwide calcium gluconate market is assessed at US$ 92.2 Million. The calcium gluconate market is probably going to reach almost US$ 178.34 Million by 2032, with a developing CAGR of 6.8% from 2022 to 2032.

Calcium gluconate is a mineral supplement prepared by the neutralization reaction of gluconic acid and calcium carbonate (lime). Calcium gluconate is among the essential medicines listed by WHO because of the health benefits associated with it. Calcium gluconate is often used to treat health issues such as hypocalcemia tetany, hypocalcemia related to hyperparathyroidism, and hypocalcemia due to rapid growth or pregnancy caused by the deficiency of calcium.

Aside from its use in medicine, it also finds application in the food and beverage industry to process food products such as milk, soft drinks, juices, bottled waters, dairy products, soy products, and others. Hence, calcium gluconate can be used in a variety of industries.

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The global calcium gluconate market is slated to proliferate owing to the increasing application of calcium gluconate in various end sectors like pharmaceuticals, food and beverage, and many others. The surge in demand for a health-enhancing product is driving the market globally.

Changing consumers’ lifestyles, coupled with growing per capita income, has generated a rise in demand for healthy products, directly facilitating the rise in demand for calcium gluconate. And this is, in turn, driving the global gluconate market forward.

Calcium Gluconate Market Growth Drivers

The global calcium gluconate market is predicted to grow rapidly due to the increasing application of calcium gluconate. Calcium gluconate finds applications in various end sectors such as the pharmaceutical industry, food processing industry, and food industry. Besides, the nutraceutical industry has also stirred up the demand for calcium gluconate internationally. Calcium gluconate is the primary ingredient used in the production of several calcium-based health supplements. In the food and beverage industry, calcium gluconate is used as an emulsifier, a bulking agent, and a thickening agent. These properties are all that is driving the market globally.

Furthermore, a rise in the aging population, coupled with a surge in calcium deficiency, is slated to drive the global calcium gluconate market over the forecast period. Besides, the current pandemic outbreak has fostered the rise in demand for healthy products. It’s predicted that the pandemic’s effect will only create a spike in the health-enhancing product market. However, consumers’ won’t give up on the usage of health-enhancing products. Therefore, the calcium gluconate market will grow steadily in post-COVID-19.

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Calcium Gluconate Market Restraint

The global calcium gluconate market is not without its challenges. Research has shown that excessive consumption of calcium often hurt health. Some of the side effects include; nausea, constipation, cardiac arrhythmias, vomiting, and low blood pressure, and bradycardia. All these factors are slated to restrain market growth.

Calcium Gluconate Market: Region-wise Analysis

The Asia Pacific region is the fastest-growing market for calcium gluconate market owing to the rise in demand for healthy products from consumers within the region. Emerging economies like China, India, and Japan are predicted to create an upswing in the market for calcium gluconate due to changes in consumers’ lifestyles and growing health-conscious populations. Increasing awareness regarding the health benefits of consuming calcium gluconate products coupled with increasing disposable income are factors expected to generate a surge in the global calcium gluconate market. A healthy CAGR will be recorded over the forecast period within the Asia Pacific region.

Calcium Gluconate Market: Competitive Landscape

• Aaron Industries, Inc.
• American Biorganic
• Coyne Chemical
• Glucona America, Inc
• PMP Fermentation Products, Inc
• Noah Technologies Corporation
• Westco Chemicals Inc
• Mallinckrodt Inc.

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

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 an 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.

Global Calcium Gluconate Market Segment Analysis

The global calcium gluconate market can be segmented on the following basis:

By Grade:

• Pharmaceutical
• Food

By Form:

• Powder
• Gum
• Liquid

By Application:

• Oral Liquid
• Pharmaceutical
• Tablets
• Food Additive Nutraceuticals
• Food and Beverage

By End Use:

• Bulking Agent
• Emulsifier
• Thickening Agent

By Region:

• North America
• Latin America
• Asia Pacific
• MEA
• Europe

Read Some other Report:

https://abhinayfmi.blogspot.com/2022/09/beer-market-report-size-growth.html

https://www.spoke.com/topics/beer-market-segmentation-and-analysis-by-regulatory-landscape-by-regional-data-development-investigation-growth-2022-2032-63185033fc7286f9ae0069b0

https://primal-dread.mn.co/posts/26748614?utm_source=manual

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As per a recent analysis by Future Market Insights (FMI), the global lithium mining market is projected to top US$ 3.3 Bn by 2031. Growing demand for lithium ion batteries from end-use industries including automotive, packaging and consumer electronics is expected to propel sales of lithium over the forecast period 2021-2031.

Lithium is widely being adopted in the manufacturing batteries for electric vehicles, owing to advantages such as longer lifespan, improved fuel efficiency and low discharge rates. Increasing sales of electric vehicles are anticipated to spur demand for lithium in the forthcoming years, which in turn will augment growth of the global lithium mining market.

Moreover, growing demand for glass and ceramics from the packaging industry is likely to create new opportunities for key players operating in the lithium mining market. Glass and ceramics are mostly used in packaging of pharmaceuticals, food and beverages, and other items. Increasing applications of lithium in the glass and ceramics industry will continue boosting growth prospects of the lithium mining market.

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In 2020, the global lithium mining market was heavily impacted by the novel coronavirus pandemic. Nationwide lockdowns, travel restrictions, and halted on mining operations hampered the production and consumption of lithium. However, sales are expected to recover in 2021 as demand for lithium from the automotive sector continues to grow.

“Growing focus on fuel efficiency in automotive vehicles is expected to propel consumption of lithium for batteries in the forthcoming years. Besides this, increasing sales of wearables and portable consumer electronics will continue augmenting growth of the lithium mining market through 2031,” says an FMI analyst.

Key Takeaways:

• Lithium production through brine solutions is expected to capture 65% of the total lithium mining market share.
• The lithium hydroxide segment is projected to account for a dominant share over the forecast period.
• Applications of lithium in the battery segment are projected to grow at 8.5% year-over-year in 2021.
• Sales of lithium in the U.S. are projected to grow by 3.2% year-over year in 2021.
• Australia will emerge as an attractive market owing to the presence of high-capacity lithium reserves in the country.
• China will continue experiencing high demand for lithium due to increasing production and sales of consumer electronics.

 Competitive Landscape

Albemarle, Ganfeng Lithium, Livent, Nemaska Lithium, Orocobre limited, Sichuan Tianqi Lithium Industries, SQM and Lithium Americas Corp. are among the key market players identified by FMI. These players are projected to command 60-70% of the total lithium mining market share.

Leading players operating in the global lithium mining market are focusing on production facility expansion through mergers and acquisitions to gain a competitive edge in the market.

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For instance:

• In October 2021, Belgian material technologies group Umicore UMI.BR signed a long-term lithium supply deal with Gangfen Lithium Co. Ltd. to expand its production capacity in response to rising electric vehicles demand.

Lithium Mining market by Category

By Source:

• Brine
• Hard Rock
• Others

By Type:

• Lithium Carbonate
• Lithium Hydroxide

By Application:

• Battery
• Ceramics and Glass
• Lubricants & Grease
• Polymer
• Flux Powder
• Refrigeration
• Others

More Insights into the lithium Mining Market Report

In its latest report, FMI offers an unbiased analysis of the global lithium mining market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031.

In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of source (brine and hard rock), type (lithium carbonate and lithium hydroxide) and applications (battery, ceramics and glass, lubricants and grease, polymer, flux powders, and refrigeration) and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

What Is the Impact of the COVID-19 Crisis on the Lithium Mining Market?

The ongoing COVID-19 crisis is anticipated to have a significant impact on the global economic growth for the period of 2020-2021. The global economic growth curve witnessed a downfall up to -5% owing to the pandemic. Factors such as nationwide lockdowns, travel restrictions, and halted manufacturing and production across various sectors has resulted in stunted consumption of lithium.

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Mining operations were also shut down in 2020 in globally. This has resulted in dampened growth prospects in the global lithium mining market. However, with resumptions in production and sales in the automotive and consumer electronics industry, the lithium mining market is expected to recover at a steady pace over the forecast period.

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Ammonium thiosulfate has witnessed a considerable increase in demand from diverse end use industries such as agrochemicals, pharmaceuticals, water treatment, agriculture and mining sector among others.

Owing to the growing demand for crop production across the globe, demand for nitrogen & phosphate based fertilizers is anticipated to increase in the coming years. Rising need for more nutrients in the soil, adoption of ammonium thiosulfate will increase.

As ammonium thiosulfate fertilizers provides certain vital elements for the plant and crops growth, adoption within agriculture sector will increase, spurring sales. Moreover, decreasing land area worldwide due to growing urbanization and industrialization will also fuel demand for ammonium thiosulfate.

The market for ammonium thiosulfate witnessed moderate growth during FQ-20, due to the sudden outbreak of Covid-19. Decrease in demand within the industrial sector resulted in slight decline of sales.

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However, the market is expected to witness positive growth outlook backed by the increasing demand for ammonium thiosulfate from the agriculture sector. According to Future Market Insights, the global ammonium thiosulfate market is anticipated to grow at a healthy CAGR of 6.6% during the forecast period of 2021 and 2031.

Key Takeaways from Ammonium Thiosulfate Market Study 

• In terms of end use, photochemical and water treatment are expected to witness high growth during the forecast period.
• The global ammonium thiosulfate market is anticipated to reach a value of US$ 367.5 million by the end of the forecast period.
• Industrial grade will be the preferred grade type among end-users, accounting for lion’s share in the global market
• Powder form is expected to remain the key form type of owing to substantial demand of the inorganic compound for various other industries including mining and treatment of industrial wastewater.
• The U.S. is projected to remain the lucrative market owing to the presence of key producers and steady expansion of agriculture industry in the region.

“Prominent manufacturers of ammonium thiosulfate are specifically emphasizing on capacity expansions and agreements with the sole purpose to cater demand and gain more regional presence, especially in India and the U.S.,” said a lead analyst at FMI.

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Ammonium Thiosulfate Market by Category

By Form Type:

• Powder
• Liquid

By Grade:

• Industrial Grade
• Photo Grade

By End Use:

• Fertilizer
• Photochemical
• Mining
• Others

Ammonium Thiosulfate Market: Participant Insights                                        

Key market participants in the global ammonium thiosulfate market are Tessenderlo Kerley, Inc., Koch Nitrogen International Sarl, Kugler Co., Martin Midstream Partners, TIB Chemicals AG, Esseco Srl, PCI Nitrogen, Shakti Chemicals.

Key players are focusing on strategic expansions by expanding production capacity, in emerging economies by setting up of new production units, collaborations and mergers and acquisitions of other market participants to provide to increase their market presence.

What Is the Impact of COVID-19 on Ammonium Thiosulfate Market?

The global economy witnessed a significant downfall due to the sudden outbreak of COVID-19. Global shutdown halted trade activities, resulting in disruption of supply-chain network. Industrial sector, mining sector and construction sector suffered the most.

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However, agricultural sector showed a stable trajectory during the pandemic, as it falls under essential services category and agricultural produce being categorized as critical commodities, thus exempting them from restrictions.

Moreover, demand and supply of certain fertilizers decreased due to the pandemic. Ammonium thiosulfate is produced from sulphur and is extracted from oil & gas refineries.  Due to pandemic, production of ammonium thiosulfate decreased due to supply chain disruption and reduction in the oil & gas demand.

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As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements.

Considered as a pre-requisite in the construction industry, to evade any adversities, materials used for building, construction, and manufacturing activities have to undergo laboratory or on-site testing to be deemed fit for any habitation, translating into increased demand for efficient laboratory-grade non-destructive ultrasonic testing solutions for material science research in both, developing and developed nations.

Moreover, with increased focus on reducing the time-to-market (TTM), translating into demand for efficient, low TTM testing equipment, will directly contribute to the global sales revenue of ultrasonic pulse velocity testers. Therefore, growth of the testing equipment market will remain critical to the non-destructive ultrasonic testing market. In addition, ultrasonic pulse velocity testers’ ability to supplement coring thereby allowing cost-effective ameliorated representative evaluation of the concrete strength of the whole structure, will drive its demand further, predicts FMI.

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The demand for ultrasonic pulse velocity testers is anticipated to grow at a stable rate of 5.5 percent, through 2019, reaching a revenue of US$ 470.5 Mn during the same period. While void and crack detection will remain the single largest application, holding over 22 percent market share, in terms of end-user vertical concrete, glass and building materials will witness maximum adoption of ultrasonic pulse velocity testers pumping concentrated revenue, through the assessment period of 2018-2027. The concrete, glass and building materials segment is projected to hold over 18 percent market share in 2023, as per the report on ultrasonic pulse velocity tester market

Representing a steady year-on-year growth, the global ultrasonic pulse velocity tester market is pegged to expand at a rather robust growth rate of 6 percent, through 2027. Rampant growth of the commercial construction and infrastructure sector will prominently escalate the demand for ultrasonic pulse velocity testers at a global level.

However, as significant demand for ultrasonic pulse velocity tester prevails, the report also projects that manufacturers offering ineffective after-sale customer services, translating into eventual transition towards other ultrasonic testing types, could prove to be critical market restrainers.

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Key Players Hold 44% Market Share

The global ultrasonic pulse velocity tester market represents presence of a number of player, with the top participants including Controls S.p.A., Proceq Group, James Instruments Inc., Impact Test Equipment Inc., Humboldt Mfg. Co., holding relatively prominent market share—collectively contributing nearly 44 percent the global revenue share. These market players secure a prominent position in the global ultrasonic pulse velocity testers market owing to their highly diverse product offering portfolios. The overall forward market strategies in the ultrasonic pulse velocity tester market includes:

• Key players placing significant importance on expansive product offering and product advancements.
• Strategic business relationships and contracts with distributors and suppliers in all the business regions.
• Affordable pricing, quality solutions, and services will remain instrumental in growth strategy.

Key Segments

By Application

• Non-destructive Strength Measurements
• Void and Crack Detection
• Homogeneity Detection
• Elasticity Measurements
• Infrastructure and Construction Testing
• Material Science and research
• Other Applications

By End Use Vertical

• Aerospace and Defence
• Chemicals and Petrochemicals
• Concrete, Glass and Building Materials
• Educational Research
• Oil and Gas Refineries
• Sewage and Water Treatment Facilities
• Construction Engineering, Remodelling and Design

By Transducer Frequency Range

• 24kHz – 50kHz
• Above 50kHz, upto 100kHz
• Above 100kHz, upto 150kHz
• Above 150kHz

Key Regions

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • U.K.
  • France
  • Spain
  • Russia
  • Rest of Europe
• APEJ
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of APEJ
• Japan
• MEA
  • GCC Countries
  • Israel
  • South Africa
  • Rest of MEA

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Ultrasonic Pulse velocity Tester Market: Regional Insights

• Developing markets including South East Asia Pacific and, also Middle East Africa, are likely to offer significant growth prospects to key manufacturers of ultrasonic pulse velocity testers, considering large scale development of infrastructural projects in the regions, including commercial building and residential areas.
• North America will occupy a dominant position in the global ultrasonic pulse velocity testers market, owing to high to medium presence of manufacturers in the region.
• Infrastructural upgrades such as educational institutions in regions like Brazil and China, is expected to create attractive opportunities for ultrasonic pulse velocity testers manufacturers.

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Revenue generated in the testing and certification agency segment of the rheometers market increased at a robust 11.5% year over year in 2021. As per Future Market Insights (FMI), demand in the Industrial segment increased by 8.6% between 2020 and 2021, facilitating the combined Rheometer markets year-over-year growth at 9.3% in 2021.

As per Future Market Insights (FMI) analysis, the Rheometers Market is projected to be valued at ~US$ 887.6 Mn in 2021, expanding at a CAGR of ~12.0% over the forecast period of 2021-2031. The ongoing crisis caused by COVID-19 pandemic has caused severe impact on the global economy. It has resulted in complete shutdown of the supply chain networks and manufacturing activities. Subsequently it has affected the Rheometers Market causing a significant drop in the market growth.

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A recent market study published by FMI on the Rheometers Market includes global industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the Rheometers Market, the growth prospects of the market are obtained with maximum precision.

The growth of Rheometers Market is driven by increasing demand from various end use industries such as polymer & rubber, pharmaceutical, food & beverages, building & construction material, petrochemical industries and others. Rheometer adoption is increasing across the food industry. In food industries, versatile models and extremely precise rheometers are now becoming common to increase the efficiency of production line.

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Rheometers Market by Category

By Equipment Type:

• Capillary Rheometers
• Oscillatory Rheometers
• Rotational Rheometers

By Sales Channel:

• Offline
• Online

By End User:

• Industrial
  • Pharmaceutical
  • Industrial Oils and Lubricants
  • Paints & Coating
  • Food & Beverages
  • Petrochemicals
  • Cosmetics
  • Polymers & Rubber
  • Others (Research & Academician and Building & Construction Materials)
• Testing & certification Agencies

By Region:

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

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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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The criticality of the assessment of properties and quality of soil continues to sustain the sales of soil field testing equipment at a global level. As the participants in the construction industry are mandated to adhere to the National Bureau of Standards for soil resistive testing, it is more likely that on-field soil testing would continue to gather ground, subsequently boosting the demand for soil field testing equipment such as soil density volumeters, soil moisture testers, soil penetrometers, soil classification testers, soil resistivity testers, pocket shear vane sets, and digital pH meters.

According to a newly published market research intelligence by Future Market Insights, tightening regulatory norms set for testing the compatibility of building and construction materials with soil are predominantly driving the growth of soil field testing equipment market. Estimated to see moderate revenue growth in coming years, the approximately US$ 900 million global market for soil field testing equipment is expected to merely approach the valuation of a billion dollar towards 2020.

In addition to urbanization that is boosting the expenditure on building and construction, augmenting R&D investments initiated by governments as well as privately owned entities will continue to widen the prospects of soil field testing equipment adoption. Increasing stringency of the regulatory frameworks governing building and construction industry is also playing a prominent role in firming up the demand for soil field testing equipment worldwide.

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Over 30% Market Share Belongs to Water Permeability Testing Equipment

In an effort to satisfy soil density requirements set by the American Society for Testing and Materials (ASTM) and the American Association of State Highway and Transportation Officials (AASHTO), the industry is raising steady demand for soil field testing equipment.

ASTM standards defined for the desired soil permeability are significantly boosting demand for soil field testing equipment such as water permeability testers, which hold a substantial contribution in the global soil field testing equipment landscape, i.e. more than 30% of the total market value. Soil field testing equipment used in testing the soil density and consolidation are also slated for a considerable market revenue share, as indicated by the report.

Portable Soil Testing Equipment Explores Higher Applicability

While based on the type of machine, stationary soil field testing equipment currently accounts for more than half of the total market value, the report also prompts at the elevating adoption of portable soil field testing equipment. The latter, owing to superior functionality and convenient attributes such as light weight and low maintenance, will reportedly showcase relatively higher potential in terms of adoption across the industry.

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More Demand Projected to Flow to R&D Laboratories

Following the on-site segment, educational institutes are presumed to represent a sizeable value share in soil field testing equipment landscape. While the widening expanse of construction industry is propelling the demand for on-site soil testing equipment, R&D laboratories are also poised to represent a decent share in the total market value.

The report however prompts at a gradually increasing revenue share of educational institutes owing to relatively high yearly growth projections. A number of soil field testing equipment manufacturers are involved in conducting training workshops and seminars for customer companies, which is likely to boost the demand for soil field testing equipment in the near future.

Emerging Economies Mirror a Positive Growth Outlook for the Market

Asia Pacific (excluding Japan), with over 1/3^rd value share in the soil field testing equipment landscape, is anticipated to remain at the forefront of global competition owing to the constantly thriving construction industry and emergence of highly attractive investment avenues residing in the region’s infrastructure domain. Increasing inclination of both consumers and industry stakeholders towards safe building and construction activities will remain a prominent factor pushing adoption of soil field testing equipment across APEJ.

Europe, although positioned as the next key regional market for manufacturers of soil field testing equipment, is slated for a sluggish growth in the revenue through the next few years. The region’s construction industry has been in its maturity phase over the recent past, which is likely to influence the growth of soil testing space across Europe. On contrary, the soil field testing equipment market in Latin America and Middle East & Africa are forecast to demonstrate promising year on year growth in by 2020 and ahead.

While the report points to key players in soil field testing market focusing on the technological advancements in existing portfolio of soil field testing equipment, automation also remains a key factor dictating their developmental strategies.

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Overseas expansion through strengthening online sales of soil field testing equipment is also projected to be an important strategy adopted by prominent manufacturers. According to the report, growing focus on the continuous development of advanced technology equipment for soil field testing is likely to push R&D investments of manufacturers.

Some of the leading companies in soil field testing equipment landscape that have been profiled in the FMI study include Controls S.p.A., Humboldt Mfg. Co., GlobalGilson.com, FilWEB, EIE Instruments, and ELE International.

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The fire pump test meters market growth is likely to continue an upward trajectory, with global demand set to surpass US$ 192 Mn in 2019, up from nearly 183 Mn in 2018. These insights are as per the latest FMI research study that projects a promising outlook for fire pump test meters market 2019 and beyond.

Cost, performance, and reliability of equipment remain the top 3 expectations of fiber optic test equipment buyers, according to a survey conducted by Future Market Insights. The survey is part of the report that global fiber optic test equipment revenues market to grow at 6.8% CAGR through 2030.

Fiber optic cables have become the heart of modern-day data telecom network infrastructure. Technologies are playing key role in several businesses today, as majority of end users accent for more secured, faster, and larger communication system for network operations.

Fiber optics is leveraged on significant scales by various industries, and holds great potential going forward. As these network technologies continue to spread and user load continues to surge, development of standardized fiber optic test equipment has become increasingly crucial.

Key Findings

• Adoption of optical spectrum analyzers and remote fiber test systems to surge
• Stakeholders will continue to invest in handheld/portable equipment over the following decade
• Sales to network equipment manufacturers and data centers will remain critical
• US and Europe will remain lucrative, but opportunities in East Asian countries will be a key highlight

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COVID-19 Impact on Fiber Optic Test Equipment Market

As majority of people are working from home and connecting with their acquaintances online to avoid COVID-19 contagion, the connected ecosystem offered by telecommunication industry is highly beneficial. Surging need to connect remotely with colleagues and companions has shored up network traffic.

This rapid transition has highlighted the importance to establish resilient infrastructure networks during and after the COVID-19 chapter that can overcome crisis-led demand upsurges as well as potential disasters – thus, accenting for fiber optic cables.

In addition, companies are co-deploying fiber optic cables along other passive infrastructure networks such as roads, highways, railways, and power networks. Such activities are setting the stage for fiber optic test equipment market.

Competitive Landscape

The global market for fiber optic test equipment is moderately consolidated, as such, leading players are honing in on strategic mergers & acquisitions (M&A) to maintain their predominance in global landscape.

• EXFO Inc. has taken over Astellia – which provides subscriber and network intelligence. With this acquisition, EXFO Inc. is looking to offer comprehensive fiber optic tester tools and network intelligence solutions to customers
• Element Materials Technology has acquired PCTEST Engineering Laboratory Inc. with an aim to strengthen its position in testing and certification services domain in connected technologies industry
• Corning has acquired all communication markets division of 3M Company in order to extend its reach to key growth regions, globally, and penetrate into in-building network market.
• Viavi Solutions has collaborated with Ingram Micro (US) to distribute VIAVI test equipment in the US that are utilized for cable and fiber networks, and performance management solutions for business network infrastructure.

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Key SegmentEquipment Type

• Optical Light Sources
• Optical Power & Loss Meters
• Remote Fiber Test Systems
• Optical Time Domain Reflectometers
• Optical Spectrum Analyzers
• Other Test Equipment

Portability Type

• Handheld/Portable
• Bench-top

end use

• Telecommunication Service Providers
• Network Equipment Manufacturers
• Data Centers
• Cable Operator
• Educational & Research Institutes
• Others

Region

• North America
• Latin America
• Europe
• South Asia Pacific
• East Asia
• MEA

About FMI:

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

Contact:

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The  global wood pellets market is set for astounding growth at approximately 11% CAGR through the forecast period (2021-2031). Consumers in developed countries exhibit rising dependency on renewable sources such as pellet-based fuel, thereby driving sales.

Moreover, high price point of fossil fuel is accentuating the demand for pellet-based fuel sourced primarily from wood waste, agricultural residue and forest waste. Leading manufacturers are focused on implementing compliance plans, which include dedicated biomass power plants and co-firing.

Key Takeaways of Wood Pellets Market Study

• Growing adoption of renewable energy continues to drive the sales of wood pellets.
• High combustion efficiency is the chief attribute surging the demand for wood pellets.
• Enhanced government incentive and favorable policies contribute substantially to the growth of wood pellets market.
• Europe holds a whopping 51.4% share in global wood pellets market.
• Asia Pacific to exhibit significant growth over the course of forecast period.
• Respiratory problems triggered by wood dust is stagnating the demand of wood pellets.

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Stakeholders in wood pellets market must direct massive pecuniary resources towards R&D activities for product diversification, along with capacity expansion initiatives to fortify competitive ascendancy.

Market Gains to Remain Concentrated in Europe

Europe is the leading regional market of wood pellets, in terms of consumption. Strong active presence of globally leading manufacturers in this region is giving impetus to production capacity as well. Timber and dry sawdust are predominantly preferred by manufacturers for wood pellets production.

On account of low carbon emissions, pellet-based fuel continues to gain prominence in countries such as the United Kingdom, Germany, Italy and France. Low production cost, mounting environmental concerns, and easy availability are some of the factors contributing to the growth of wood pellets market. Moreover, innovations in combustion technology and established logistics network are bolstering the wood pellets market in Europe.

Product and Cost Differentiation to Remain Strategic Focal Point for Market Leaders

Global wood pellets market is highly fragmented.  Major players profiled in this study include, but are not limited to, Georgia Biomass, LLC, Enviva Partners LP, Wood Pellet Energy (UK) LTD, Andritz AG, Energex, and Pinnacle Renewable Energy Inc. In a bid to remain prominent, industry leaders are channelling their resources towards product and cost differentiation.

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Particle density, melting point, mechanical durability, moisture and ash content continue to remain key research areas in wood pellets industry. Moreover, companies are intensifying their efforts towards developing cleaner burning fuel, as opposed to fossil fuels.

Wood Pellets Market: Segmentation

The global wood pellets market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

By Feedstock

• Forest and Wood Waste Resources
• Agricultural Residue and Waste
• Food Waste
• Virgin Lumber
• Energy Crops

By End-use Industry

• Residential/Commercial Heating
• CHP/District Heating
• Co-firing

By Region

• North America
• Latin America
• Europe
• MEA
• Asia Pacific

About FMI:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Future Market Insights has its analysts involved in a report’s comprehensive study, which is on digital oilfield solutions market. With the help of this comprehensive study, analysts revealed that digital oilfield solutions market is anticipated to grow at a CAGR of 6.3% over the assessment period, 2018-2028. In addition, digital oilfield solutions market on a global basis is projected to touch an estimate of approximately US$ 54,415Mn by the end of 2028.

Rapidly increasing need for accessing data in real-time, sound shelf life, convenient operation and installation, as well as zero tolerance band with regards to parameters observation to be monitored has been positively impacting the growth of digital oilfield solutions market across the globe. Apart from this, wide-ranging operations in oil & gas industry have been stimulating the production sales of digital oilfield solutions since the recent past.

Analysts further revealed that launch of effective and innovative digital oilfield solutions can be taken up as a remarkable trend, impacting positively on the growth of digital oilfield solutions market in the coming years. Moreover, analysts have assured that they have been catering to the prevailing as well as growing concerns of industry operators and market observers in the digital oilfield solutions market across the globe. 

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What are the recent measures taken up by manufacturers for expansion of digital oilfield solutions market?

Well, so far, manufacturers are entering into strategic collaborations with the technology providers for the purpose of business and customer-base expansion.

Can you mention what is trending in the digital oilfield solutions market?

Well, so far, analysis helped in concluding that there is significant increase in adoption of the LTE, with regards to technological advancements, positively impacting the growth of offshore oil & gas industries. Increasing partnerships amongst the leading companies across oil and gas industry for the purpose of digitally transforming the industry has been supporting the expansion of digital oilfield solutions market.

What are the important factors driving the growth of digital oilfield solutions market?

Well, so far, analysis helped in concluding that rapidly increase requirement for finding out any theft or counterfeiting during downstream and midstream operations is one of the major factor driving the growth of digital oilfield solutions market across the globe. Apart from this, increasing need for eliminating oil spills as well as losses while monitoring inventory levels, internal transfer of the intermediates and explorations is driving the demand and supply of digital oilfield solutions across the globe.

Which countries are the most beneficial for the expansion of digital oilfield solutions market?

The comprehensive study points out that Western Europe is likely to dominate the digital oilfield solutions market on a global basis over the assessment period. Apart from that, North America is expected to create significant growth opportunities for the digital oilfield solutions market in the coming years.

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Which companies are leading in the digital oilfield solutions market?

The comprehensive study points towards Eaton, SIEMENS AG, Emerson Electric Co., Honeywell International, Inc., General Electric, ABB, Schneider Electric and Rockwell Automation, Inc. as the companies leading in the digital oilfield solutions market on a global basis.

About FMI:

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

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs