Market Research Blog – Page 11015 – New Product Development

Fermented Dairy Ingredients Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2027

This growing consumption of milk and milk products is creating significant growth opportunities for dairy product manufacturers who are now incorporating additional value to their products using fermented diary ingredients. Future Market Insights’ latest report projects that global fermented dairy ingredients market revenue will increase at a CAGR of 8.7% during the forecast period (2017–2027).

Demand for nutritional products has soared in recent years, especially in developing countries where malnourishment remains a major concern. Fermented dairy products being a major source of nutrition are gaining traction in both developed and emerging countries. Food and Agriculture Organization (FAO), revealed that approximately 150 million households are currently engaged in milk production across the globe. Over the last three decades, the global milk production has increased by over 50%, from 500 million tonnes in 1983 to 769 million tonnes in 2013.

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As per the report, the global fermented dairy market is slated to reach a valuation of US$ 4,856.5 Mn by the end of 2017. Increasing per capita expenditure on dairy products is expected to favour the future prospects of the global fermented dairy ingredients market. The report also assesses that fermented dairy ingredients are likely to face stern competition from cheaper alternatives available in the market.

In addition, growing consumer preference for alternative products such as probiotics and other supplements is expected to dampen the surging spirit of the global fermented dairy ingredients market to a certain extent. Fluctuating prices of fermented dairy products and unsafe handling process that compromises product safety and quality is also subduing the growth of the market in regions such Europe and Asia Pacific.

By product type, cheese currently accounts for the largest value share of the market followed by flavoured milk. This is primarily owing to the growing interest of dairy ingredient manufacturers to bring new innovative cheese products with unique flavours and improved textures in order to increase the product value. Meanwhile, the yoghurt segment is projected to witness the fastest CAGR, as the global consumption of yoghurt is on the rise.

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Among regions, the market in Western Europe accounted for the largest revenue share in 2016, reaching a valuation of US$ 1,366 Mn. Towards the end of forecast period, the region’s market is expected to stand at US$ 3,575.7 Mn, expanding at a CAGR of 9.2%. The abolition of milk quota system and increasing demand for frozen and freeze-dried starter dairy cultures is driving the market for fermented dairy ingredients in Western Europe. Asia Pacific (APEC) and North America are the two other lucrative markets for fermented dairy ingredients. Between 2017 and 2027, the market in APEJ is set to witness a robust CAGR of 10.5%, which is credited to the rising popularity of flavoured milk among consumers across China and Australia.

Some of the leading companies profiled in the report include Koninklijke DSM N.V., E. I. du Pont de Nemours and Company, Chr. Hansen Holding A/S, Cargill Incorporated, Bioprox (A subsidiary of Proxis Développement), Novozymes, Kerry Inc, Archer Daniels Midland Company, Ingredion Incorporated, Arla Foods Ingredients Group P/S, Lake International Technologies, DairyChem Inc., CSK Food Enrichment, CP Ingredients Limited, Epi Ingredeints, Dairy Connection Inc., Socius Ingredients LLC, The Tatua Cooperative Dairy Company Ltd, Koninklijke DSM NV, Corbion. Manufacturers are providing ingredients according to specific requirements of the client. Also, many of the players are actively focusing on launching variety of ingredients in the market to increase their consumer base.

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Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

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.

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Demand In The China Ultra Short Base Line Positioning System Market Is Expected To Rise At 5.1% CAGR Over The Forecast Period | FMI

According to a recent market analysis conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is expected to reach US$ 127.7 Mn in 2021.

Sales of ultra-short base line positioning systems are being driven by the expansion of commercial trade via maritime operations, as well as increased interest in recreational travel. As a result, the market is expected to grow at a 5.8 percent CAGR from 2021 to 2031.

Demand from researchers, surveyors, photographers, and the Navy in various countries will continue to drive sales of ultra-short base line positioning systems.

Growing interest in water sports and recreational tourism activities will also lead to a greater use of ultra-short base line positioning systems by ship and vessel owners for optimal customer safety. This factor is expected to foster development and technological advancements in the ultra-short base.

FMI on the basis of in-depth regional analysis projects the U.S. to dominate the ultra-short base line positioning system market. The U.S. is forecast to account for 60% of sales in North America. Rapid expansion of various end-use industries such as oil & gas and tourism are anticipated to bode well for the market.

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“Increasing investments in maritime and marine science are paving way for product developments in the global ultra-short base line positioning system market. Besides this, introduction of sales through online channels by OEMs will further augment market growth,” says the FMI analyst.

Key Takeaways:

In terms of nominal range, deep (upto 10,000 m) ultra-short base line positioning system will lead the segment, holding 57% of the total market share.
200-degree antenna aperture will account for 45% of the total ultra-short base line positioning system market share.
ROV, AUV vessels positioning will dominate the end-user segment, accounting for 25% of the total market share.
Holding 60% of the North American ultra-short base line positioning system market, the U.S. will continue witnessing high growth through 2031.
Growing investments in machine science and expansions in the oil & gas industry in China will place it as a lucrative market, expanding at a 5.1% CAGR through 2031.
Sales outlook of ultra-short base line positioning systems in Italy is projected to be positive, holding 20% of the European market.

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Competitive Landscape

Key players operating in the ultra-short base line positioning system market are leveraging strategic collaborations, partnerships, and acquisitions to strengthen their position in the market. Product portfolio expansions and customized products to meet end-users demand will remain lucrative growth strategies during the assessment period. For instance:

In July 2021, Norwegian company Konsberg Maritime launched two new water jet control systems known as JCS Compact and JCS Extended. These new control systems use standard components for reducing costs and streamlining simple operations.
In September 2020, EdgeTech, a global leader in high-resolution sonar imaging systems and underwater technology, introduced a new sonar frequency combination suitable for shallow water unmanned surface vehicles (USV) and unmanned underwater vehicles (UUV). The new technology effectively connects small vehicles operating in shallow waters or close to the seafloor.

Leading players operating in Ultra Short Base Line Positioning System Market profiled by FMI include:

Kongsberg Maritime AS
Teledyne Marine
iXblue
ROV-Support A/S
EvoLogics GmbH
Sonardyne Holdings Limited
AAE Technologies Ltd.
Tritech International Limited
Imenco AS
Deep Trekker Inc.
VideoRay LLC
Link Quest Inc.
Blueprint Design Engineering Ltd.
Beringia Enterprises LLC (DiveNET)
EdgeTech

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Tritium Light Source Market: Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2021-2031

The report estimates global tritium light source market to grow at nearly 2.3% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tritium light sources market growth will evolve in the next decade. Global tritium light source sales are set to be valued at US$ 206.4 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

Demand for tritium light sources was moderate in 2020. The COVID-19 outbreak also slowed demand from key end-use sectors such as defence and aerospace, industrial infrastructure, and civil and commercial. However, given the possibility of stimulus in a number of countries, the market’s long-term outlook remains positive.

According to FMI, the market will remain stable, with demand from the defence and aerospace sectors supporting it. New technologies such as tritium sources are expected to be in high demand in the industry. Demand is expected to be especially strong in Asia Pacific emerging markets like China, India, and Indonesia. Rapid growth in the civil and commercial sectors in this region’s urban and semi-urban areas will also help drive market expansion.

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Key Takeaways

After negative growth in 2020, the market will register a positive 2% Y-o-Y growth in 2021
Backed by presence of a strong military & defense sector, the U.S. will account for nearly 70% of sales in North America in 2021
Despite being a leading market, the U.K. will register a moderate 2.5% Y-o-Y growth in 2021
Germany is forecast to register sluggish growth in demand, while growth in France will remain steady
Increasing defense budget will continue boosting sales in China, followed by Japan and South Korea

“Rise in demand for self-illumination in recent years is expected to provide an impetus to tritium light sources sales. Besides this, the demand from the supplier side and from the end-use industries across the globe is propelling the tritium light sources market growth. The decrease in availability of tritium on a global scale might impact the pricing of the tritium light source. The U.S. NRC is implementing regulations for decreasing the production of tritium, which might affect growth in the coming years” says FMI analyst.

North America to Continue Exhibiting High Demand

Developments in commercial, civil and defense aviation across the globe has set the platform for growth in the market and are among the key factors shaping growth of the industry. North America, which approximately holds one third of the market is expected to continue to the trend in the forecast period. The tritium light source industry is expected to grow in U.S., post pandemic due to its usage in exit signs in various public spaces such as theatres, hallways and corridors. Along with the usage of tritium light sources in industrial applications, the tritium light sources market in China is expected to grow attributing towards its sales of GTLS in novelty items like key chains, and navigational items such as compasses.

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Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Evenlite Inc, Cammenga, Beta Light, ITTSAN GTLS, MB Microtec AG, SRB Technologies, and Trijicon.

Tritium light source market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of defense and aerospace equipment that meet personalized requirements of consumers. Collaboration with regional defense and aerospace as well as civil and commercial companies as a prime strategy expected magnify in the forecast period.

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Demineralized Whey Powder Ingredient Market Report Along with Scope, Key Players and Future Growth Analysis by 2027

The demineralized whey powder in gredient market is valued at nearly US$ 600 Mn in 2021, and is set to grow at 5.1% CAGR through 2027.

Irrespective of its use or application, milk remains to be the most essential source of adequate nutrition, enriching consumers’ lives with fats, protein, calcium and minerals. Contrary to its ever-growing demand, milk is not uniformly available in all parts of the world. The “dairy-deficit” parts of the world are compensating to this shortfall by shifting towards alternatives, wherein demineralized whey powder among the top non-dairy products imported in such regions. According to Future Market Insights’ recent report, the global market for demineralized whey powder ingredients is growing steadily, owing to high imports of demineralized whey powder ingredients in regions with short supply of milk & dairy products.

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The report projects that the global market for demineralized whey powder ingredients, which is pegged to reach US$ 491.1 Mn value by 2017-end, will soar at a steady CAGR of 5.1% and bring in more than US$ 800 Mn in revenues towards the end of 2027. During this decadal forecast period, the global demand for demineralized whey powder ingredients will grow on the account of

increasing demand for healthy alternatives for infant foods with synthetic ingredients
rising adoption of additives in food industry
prevalence of complications related to lactation, and
growing need for specialty ingredients in high-performance sports drinks

Rising use of high-added value dairy products in food & beverage end-users has also propelled the consumption of demineralized whey powder ingredients. Surging demand of high-protein bakery products is also instrumenting the market’s growth, while recent developments are anticipating a promising application of demineralized whey powder ingredients as drug carriers in production of pharmaceuticals. The report also anticipates that growth of global demineralized whey powder ingredient market will be restrained due to sheer lack of awareness. Dairy product manufacturers aren’t aware about reusability of by-products in cheese production. These products can be used in production of demineralized whey powder ingredients, which can extend the manufacturing purview of dairy companies.

The global demineralized whey powder ingredient market is also expected to witness hindrances in its growth due to a weak distribution network. Leading as well as emerging players in the global market are facing loses due to poor abilities of distributors. A comprehensive profiling of competitive landscape in the global demineralized whey powder ingredients market is included in this report, which includes companies namely Valio Oy, Eurosérum, Lactalis Ingredients, Dairy Crest Group Plc., Milkfood Limited, Ornua Co-op Limited, Prolactal GmBh, Kaskat Sp Z.o.o., Alimenta Srl, FrieslandCampina International B.v, Hoogwegt, Charotar Casein Company, Dairygold Co-Operative Society Limited, Senel & Co B.V., Kerry Inc, Roosevelt Dairy Trade, Inc., Mahaan Proteins Limited, Almira, Melkweg Holland B.V., Naarden Polska Sp. z o.o.

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Key findings in the report project that demand for demineralized whey powder products with 40% demineralized whey will gain traction towards the end of 2027. In terms of revenue, products with 90% demineralized whey will record fastest growth at 5.6% CAGR. Infant food will be largest application of demineralized whey powder ingredients, accounting for nearly 40% of market revenues in 2017. With close to one-third share, North America will dominate global demineralized whey powder ingredient market in terms of value throughout the forecast period. Demand for demineralized whey powder ingredients is expected to witness considerable surge in Middle East & Africa and the Asia-Pacific excluding Japan (APEJ) region.

Market Taxonomy

Product Type

40% Demineralised Whey
50% Demineralised Whey
70% Demineralised Whey
90% Demineralised Whey

Application

Dietary Supplements
Bakery & Confectionary
Infant Food
Pharmaceutical
Others

Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
Middle East & Africa
Japan

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Probiotic Supplements Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2027

Technological advancements in the field of molecular biology and gene sequencing are allowing researchers and scientists to develop new probiotic formulas that are tailored to consumer requirements. The global probiotic supplements market is projected to register a CAGR of 15% during the forecast period (2019-2027).

Manufacturers are focusing on product differentiation on the basis of functional properties, multi-strain supplements, unique flavors, new product formats (gummies), and novel packaging formats to target specific consumer groups.

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Though probiotic supplements have been largely considered to be beneficial for gut health, their potential side-effects such as nausea and headache still continue to limit sales to a certain extent. However, continued efforts in development of specific probiotic strains with significantly less or no side effects will be an important factor shaping sales of probiotic supplements in the near future.

Key Takeaways – Probiotic Supplements Market Study
North America is projected to be a key market, as dietary supplements industry remains concentrated in the region. Demand for probiotic supplements is gaining a boost from consumer inclination towards alternative health practices and preventive healthcare.
Several manufacturers are offering probiotic supplements consisting of bacterial strains beneficial for children as well as adults, in order to target diverse demographic groups.
Lactobacillus-based probiotics are widely used to maintain female intimate health, making it one of the most preferred products as compared to Bifidobacterium- and streptococcus-based probiotic supplements.
Zero-calorie and sweetener-free tags attached to probiotic supplements continue to play a key role in boosting their demand.

In recent years, the probiotic supplements market has experienced a lot of regulatory backlash. However, rapidly developing preventive healthcare approach and longstanding acceptance of probiotic supplements among consumers, and resurgence of recommendations by health care practitioners for use of these supplements are offering tailwinds to the market growth.

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Sales of Probiotic Supplements for Kids to Witness Rampant Growth
In recent past, there has been an increase in number of cases of gastrointestinal-related diseases in children. Such cases were usually addressed with over-the-counter medication, which often caused a few side effects. This has created a highly conducive environment for development of relatively-safe probiotic supplements with certain strains of bacteria that are perceived to be good for children’s gut health. Manufacturers are targeting the highly lucrative kids segment by launching products with unique flavours, colors, and shapes that have more consumer appeal.

Know More About What Report Covers

Future Market Insights, in its new offering, offers an unbiased analysis of the global probiotic supplements market, presenting historical demand data (2015-2018), and forecast statistics for the period, 2019-2027. The study divulges compelling insights on the probiotic supplements market on the basis of end use, bacteria, distribution channel, and region. Based on end use, the segmentation includes women, seniors, and kids. Probiotic supplements for women are expected to account for the highest market share, followed by seniors, over the forecast period.

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Global and United States Air Barrier Market Report 2022-2029 with Profiles of Major Players- BASF SE, DuPont de Nemours, Inc., Coromandel International Limited, Carlisle Companies

The global air barrier market value will exceed US$ 16,932.8 Mn by 2022 end. A recent research study by Future Market Insights (FMI) suggests that the overall growth of the market for air barriers will be moderate during the period forecast, 2022 – 2029.

Increased insulation system installations are specifically driving the demand for air barriers in the residential building zone. However, demand in the business and commercial sectors may see a significant increase in the coming years. According to the file, this increase in demand is due to the increasing stringency of rules and commercial building code of behaviour.

Air barrier demand is expected to grow at a 4.6 percent CAGR between 2022 and 2029. Future Market Insights (FMI) forecasts the market value to reach US$ 16,932.8 Mn by 2022 end.

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Key Takeaways – Air Barrier Market Study

Increasing stringent building codes & energy regulations are expected to have a positive impact on the long-term growth of the air barrier market.
Energy resources are limited; every unit saved is equivalent to each unit produced, and this is where the role of efficient insulation materials comes into play.
Several manufacturers of spray foam insulation have developed environmentally sensitive, innovative solutions that reduce carbon footprint. Spray foam insulation is produced using non-HCFC gas as the foaming agent.
For instance, Icynene offers a 100% water-blown spray foam solution, i.e. without any synthetic blowing agents or ozone-depleting substances, hence, minimizing overall global warming potential (GWP).
The market for eco-friendly and natural air barriers is anticipated to remain highly attractive during the forecast period. Insulation materials such as cellulose and fiberglass are preferred, owing to their higher recycled content and superior eco-friendly nature.

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Demand for air barriers has been growing at a stable pace over the past decade, due to stringent norms compelling manufacturers to build energy-efficient walls. To sustain and strengthen their market share in the air barrier market, players have started focusing on the development of novel techniques and methods that are efficient, effective, and offer additional functionalities.

Market Landscape Remains Fairly Consolidated

The global air barrier market is a fairly consolidated competition landscape, with a limited number of players dominating nearly the entire air barrier manufacturing and supply scenario. High price points associated with raw materials, high manufacturing costs, and establishing a foothold of existing manufacturing companies would continue to pose major challenges in front of potential new entrants in the global air barrier market.

BASF SE
DuPont de Nemours, Inc.
Owens Corning
Coromandel International Limited
SOPREMA
Compagnie de Saint-Gobain S.A.
Carlisle Companies
Atlas Roofing Corporation
GCP Applied Technologies
Firestone Building Products Company, LLC
Huber Engineered Woods LLC
GAF Materials Corporation
Johns Manville
W. R. Meadows, Inc.
Norbord Inc.
Sika AG
Bostik Inc.
3M Company
Knauf Insulation

Air Barrier Markey by Category

By Product Type :

Gypsum Board
Drywall
Plywood
OSB (Oriented Strand Board)
Spray Foam
Fiberglass/Rockwool
Cellulose
Others

By Type :

Membranes
- Sheet
- Fluid
- Peel & Stick
- Films (Lamination)
Coatings
- Liquid
- Aerosol/Spray Based
Stacking & Filling

By Site :

External
- Roofing
- Walls
- Ventilation & Ducts
Internal
- Ceiling
- Flooring
- Walls and Panels
- Ventilation & Ducts
- Doors and Windows

By Application :

Corrosion Resistance
Insulation
- Air Insulation
- Sound Insulation
- Thermal Insulation
Material Packaging & Stacking
Microbial & Fungal Resistance

By End Use :

Residential Buildings
Commercial Buildings
- Hospitals
- Hotels
- Office Buildings
- Airports
- Others
Industrial Facilities
Car Parks & Underground Basements
Military Buildings & Bunkers
Green Houses
Metal Buildings

By Region :

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

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Sales Of Wood Pellet Heating Systems In Europe Currently Account For Around US$ 5.33 Bn | FMI

The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors.

Wood pellets, particularly in Europe, have emerged as a viable and promising renewable energy source as a coal substitute. Wood pellets for heating and power generation are mass-produced. Because oak wood pellets contain less ash, they are commonly used for heating.

The best wood pellets for heating are made entirely of sawdust from softwoods because they produce less smoke and residue, saving time on maintenance and cleaning and preventing pollution of the environment.

In recent years, the pellets market has expanded due to increased demand from both industrial applications in large-scale power plants and small-scale applications in domestic heating systems.

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With the emergence of smart technologies and convenience trends among consumers, manufacturers of wood pellet heating systems are focused on incorporating advanced control panels and add-on features to their products to maintain innovation supremacy in the market, according to FMI’s analysis.

Rising Market Attractiveness of Nordic Countries

Italy is projected to hold a significant value share in the Europe wood pellet heating systems market due to rising prices of fossil fuels and federal environmental sustainability strategies. However, the Nordics region, followed by Benelux, is expected to project lucrative growth in the Europe wood pellet heating systems market during the forecast period of 2022-2029. Denmark’s market is estimated to be prominent in Nordics, by holding ~20% of the market value share, and is expected to remain prominent till 2029.

Commercial Sector – Key End-use Area of Wood Pellet Heating Systems

The Europe wood pellet heating systems market has been segmented based on product, end-use, and countries such as Germany, Italy, France, the U.K., Spain, Nordics, Benelux, Russia, and the Rest of Europe.

Based on the product, a wood pellet stove is estimated to hold significant shares of the Europe wood pellet heating systems market in terms of value. By the end of 2029, sales of wood pellet boilers are likely to take over the stove variants.
By end-use, the residential sector is projected to hold a significant share of the Europe wood pellet heating systems market. Residential adoption of wood pellet heating systems is expected to be prominent across all countries, owing to the increasing inclination towards biomass heating systems, advanced technologies, and optimum efficiency of wood pellet heating systems over conventional systems. However, the usage in the industrial sector, followed by commercial, is expected to grow at a high CAGR.

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Wood Pellet Heating Systems Market: Vendor Insights

The report lists some of the prominent market players, who are recognized as leaders in the Europe wood pellet heating systems market. Some of the key players in the Europe wood pellet heating systems market are Ferroli S.p.A., BioCurve, ÖkoFEN Research and Development Ges.mbH, Linea Trovata, HAAS + SOHN OFENTECHNIK GMBH, Erwin KOPPE – Ceramic Heaters GmbH, Fröling GmbH, Biotech Energietechnik GmbH, KWB – Kraft und Wärme aus Biomasse GmbH, Gilles Energie- und Umwelttechnik GmbH & Co KG, Solarfocus GmbH, Windhager Zentralheizung GmbH, Guntamatic Heiztechnik GmbH, ETA Heiztechnik, HARGASSNER GmbH, and Burkhardt GmbH.

https://www.promorapid.com/read-blog/278015

http://community.getvideostream.com/topic/75561/electric-motor-market-2022-size-growth-analysis-report-forecast-to-2031

https://linkgeanie.com/news/electric-motor-market-size–top-key-players–latest-trends–regional-insights-and-global-industry-dynamics-by-2022

https://descubre.beqbe.com/covid-19-impact-on-electric-motor-market

Demand For Industrial Robot Controllers Assisting The Americas Market To Account For Around 14.3% By 2022 End

As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029.

According to the report’s findings, the global commercial robot controller market will witness significant growth over the forecast period, propelled by means of growth in the adoption of Human device interaction (HMI), records & cloud capabilities enhancing hardware manipulation, and optimization of industrial robot value.

Market gains have also been bolstered by strong growth in the automotive and electronic & semiconductor industries, two major demand generators in the industrial robotics landscape.

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East Asia’s Industrial Robot Controller Market Set for Incremental Growth

According to the recent studies, while South Korea remains a prominent country in the robot per 10,000-employees’ ratio, China is projected to witness a see monumental growth. India being a fast-growing economy is expected to contribute a fair share in the industrial robot controller market during the assessment period, for the fact that industrial ecosystems of India are on the brink of a massive makeover.

Japan also commands a significant share in the industrial robot controller market, owing to the high penetration rate of automation in the country. Rapid transition of these countries towards robotic automation is further creating new opportunities for adoption of robotic controllers, thereby making East Asia a lucrative region for the industrial robot controller market players.

Software Based Technology Advancements and Cost Optimization Merging

Key players active in the industrial robot controllers market will benefit from the growing preparedness of industrial ecosystems for the impending ‘fourth industrial evolution’ and its after effects. Smart components and software’s such as sensors and controllers are the future of automation; industrial robot controller is one of the competence for robot manufacturers as all the electromechanical systems needed to be controlled.

Over the forecast years, human machine interaction is expected to be a growing trend that aims to bring robot and human anatomy closer. simultaneously, bridging the gap between a robot and control system.

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Industrial Robot Controller Market by Category

By Axis Type:

Single Axis
Four Axis
Six Axis
Other Axis

By Robot Type:

SCARA Robot
Delta Robot
Cartesian/Gantry Robot
Articulated Robot
Collaborative Robot
Dual Arm Robot

By Region:

Americas
EMEA
South Asia & Pacific
East Asia

https://theprose.com/post/510796/electric-motor-market-research-report-2022-global-forecast-till-2031

https://primal-dread.mn.co/posts/26715233?utm_source=manual

https://penzu.com/journals/26115562/80628894

https://ex0-sys.app/read-blog/52794

https://infoceuta.es/blogs/50652/Electric-Motor-Market-Share-Global-Industry-Size-Growth-SWOT-Analysis

Industrial Safety Footwear Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth-FMI

Continue reading “Industrial Safety Footwear Market 2022 Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth-FMI”

North America Dominates The Global Busbars Market With Nearly 24.4% Contribution In Terms Of Revenue Generation | FMI

As per the latest report published by Future Market Insights, the global busbars market is projected to reach over US$ 23,177.7 Mn by the end of 2028, from US$ 18,278.9 Mn in 2022, registering a CAGR of 4.0%.

According to the findings of the Busbars market study and the perspectives of industry participants, the global market is expected to grow at a CAGR of 4.0 percent in terms of value between 2022 and 2028.

The introduction of new plants, lower wiring errors, and increased capacitance associated with busbars are some of the factors driving the growth of this market. Busbars distribute electricity with greater ease and flexibility than other permanent forms of installation and distribution. They are typically made of grounding and conducting copper or aluminium metallic strips.

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A list of Key Players Covered in the Busbars Market are:

Schneider Electric SE
Eaton Corporation Plc.
Siemens AG
ABB
Methode Electronics
Nacobre
IUSA Group
Rittal GmbH & Co. KG

This Future Market Insights report on Busbars carefully analyses the market at a global and regional level through market segmentation, on the basis of key parameters, such as conductor type, power rating and end user. The primary objective of this Busbars report is to offer key insights on market updates, competition positioning, current trends, market potential, growth rate and other relevant information and statistics in a suitable manner to the readers or various stakeholders in the Busbars market.

This Busbars market report begins with market introduction. In the next section, the report describes market development background, macro-economic factors, industry factors, forecast factors, global weighted average pricing analysis, value chain overview and an assessment of the sales of Busbars for the base year considered for the study.

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The next section of the report discusses market dynamics, such as drivers (supply and demand side), restraints and trends impacting the Busbars market’s growth at a global level. Market opportunities or potential for Busbars manufacturers have been presented in the subsequent section of the same chapter. This section also includes the impact assessment of market dynamics on the global Busbars market at a qualitative level, based on analysis facts and insights.

Key Segments Covered in Busbars Industry Analysis

Busbars Market by Conductor Type: