Epinephrine Auto-Injectors Market is estimated to reach USD 3.2 billion by 2032

The epinephrine auto-injectors market size is expected to reach US$ 2.54 Billion by 2032, up from USD 2 billion in 2022, at a 4.9% CAGR between 2022 and 2032.

In the epinephrine auto-injectors market future trends are expected to develop at a healthy rate. Syringes and injectors have developed significantly in response to evolving clinical and patient needs resulting in boosted demand for epinephrine auto-injector.

The epinephrine auto-injectors market opportunities are rapidly expanding. The rising prevalence of allergies among individuals has been a primary driver of epinephrine auto-injectors market growth. As a result, the growing number of people allergic to dust, insect bites and venom, food, and food additives has fueled epinephrine auto-injectors market growth.

Furthermore, vendor expenditures in R&D initiatives to produce chlorofluorocarbon-free epinephrine auto-injector inhalers employing hydrofluoroalkanes as propellant have expedited epinephrine auto-injectors market key trends and opportunities.

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Adverse side effects of excessive epinephrine use, such as cardiac arrhythmia, pulmonary edoema, vomiting, brain haemorrhage, and might represent an epinephrine auto-injectors market issue.

The rising number of people suffering from various types of allergies, the availability of low-cost generic epinephrine auto-injectors, and the high rate of adoption of epinephrine auto-injectors in the United States are expected to drive the regional epinephrine auto-injector market during the forecast period along with the epinephrine auto-injector market adoption trends.

Key takeaways:

  • In the United States, the epinephrine auto-injectors market size is estimated to reach US$ 1.2 Billion by 2032, increasing at a CAGR of 4.7% through 2032.
  • The epinephrine auto-injectors market share in the United Kingdom is expected to be worth US$ 132.9 Million by 2032, with a CAGR of 3.6% through 2032.
  • China’s epinephrine auto-injectors market share is expected to reach US$ 233.7 Million by 2032, with a CAGR of 4.2% through 2032.
  • The market share for epinephrine auto-injectors in Japan is expected to be valued US$ 188.5 Million by 2032, expanding at a 3.3% annual rate through 2032.
  • South Korea is expected to reach a market size of US$ 117.6 Million in epinephrine auto-injectors by 2032, with a CAGR of 2.8% through 2032.
  • The epinephrine auto-injectors market’s Hospitals segment from the end user category is predicted to develop at a CAGR of 4.8% through 2032.
  • Through 2032, 0.3 mg sector in the epinephrine auto-injectors market’s dosage category will grow at a CAGR of 4.9%.

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Competitive landscape:

New market research report on epinephrine auto-injectors says that Adamis Pharmaceuticals Corporation, Alk-Abello A/S, Impax Laboratories, Inc., Mylan N.V., Antares Pharma is among the legacy player’s vendors.

The research offers a comprehensive competition analysis of these top competitors in the epinephrine auto-injectors market, including epinephrine auto-injectors market growth, epinephrine auto-injectors market share, epinephrine auto-injectors market adoption trends and important market strategies.

Recent Development in the Epinephrine Auto-Injectors:

  • Antares Pharma (US) struck an arrangement with Lunatus Global Medical Supplies in August 2020. (Dubai). Antares will deliver packaged goods to Lunatus under this arrangement, and Lunatus will submit and get regulatory permission for XYOSTED in the UAE and Saudi Arabia, as well as promote, market, and distribute XYOSTED in these two countries.
  • SHL Medical (Switzerland) bought Weibel CDS in March 2020. (Switzerland). The goal of this purchase was to increase SHL Medical’s capacity to develop more sophisticated medication delivery systems based on human-centered designs and functionality.
  • Eli Lilly spent USD 470 million and generated approximately 460 new jobs in Durham, NC in January 2020. With this extension, North Carolina’s research triangle park gained a new state-of-the-art pharmaceutical production plant.

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Key Segments:

By End-User:

  • Hospitals
  • Clinics
  • Home Based
  • Others

By Dosage:

  • 0.15 mg
  • 0.3 mg
  • Others

By Age Group:

  • 0-4 Years
  • 5-14 Years
  • 15-24 Years
  • 25-49 Years
  • 50-64 Years
  • Above 65 Years

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Gasoline Generator Market Sales Are Expected To Accelerate By 1.34x Between 2022 And 2029

The global gasoline generator market is expected to be worth $768.8 million in 2022, with a healthy growth rate of 3.7 % from 2022 to 2029. The expanding construction industry is a major driver of this expansion. The global market for gasoline generators is highly competitive, and small players in the market must compete to gain market share.

The report’s findings indicate that the demand for running small power loads during power outages from the residential and commercial sectors is one dynamic factor driving the expected significant growth of the global gasoline generator market during the forecast period.

Businesses must prioritise product innovation if they want to maintain a competitive edge because new products can open up huge opportunities for market expansion. Reduced noise and weight in portable gasoline generators can be advantageous, and product development at a reasonable price can lead to significant residential market penetration.

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North America to Capture Significant Market Share

There has been substantial growth in the U.S. construction industry over the recent past. As per the U.S. Census Bureau, there has been significant growth in non-residential construction spending. It is also estimated that this particular segment will grow rapidly over the forecast period.

With the growing construction industry, rise in the preference for portable generators (for standby backup power) is expected to surge the demand for gasoline generators over the forecast period. Since 2010, there has been a continuous rise in the U.S. non-residential construction spending with an annual growth rate of ~5-6%, which is likely to boost the demand for gasoline generators in upcoming years.

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Commercial Sector to Remain Key Consumer of Gasoline Generators

A robust market trajectory is foreseen for the gasoline generator market. Commercial and residential sectors spearheading usage of portable generators are likely to remain prominent end users of gasoline generators.

  • Gasoline generators that produce power output in the range of 3,000 watts to 5,000 watts are projected to register prominent growth in upcoming years. Gasoline generators that come under this category are utilized in several end-use sectors in case of power failures.
  • Portable gasoline generators are most-widely utilized generator sets across the globe, which provide electricity by running a gasoline-powered engine. Portable generators are not permanently installed and can be moved from one place to another easily. Portable gasoline generators are available in various sizes depending on the power output.
  • Gasoline generators are primarily utilized for standby backup power applications across several end-use sectors, such as residential, commercial, industrial, and agricultural, among others. The standby backup power application accounts for a major share in the gasoline generator market.

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Gasoline Generator Market: Vendor Insights

The report titled gasoline generator market highlights some of the key market participants, who are well-known market players and have established themselves as prominent stakeholders in the global gasoline generator market.

Some of the examples of key players in the global gasoline generator market are Kohler Co., Honda Motor Co., Ltd., Generac Power Systems, Inc., SGS Engineering (UK) Ltd., Hyundai Power Equipment, Stephill Generators Ltd., Yamaha Motor Co., Ltd., and Champion Power Equipment, Inc., among others.

In terms of market structure and tier analysis, the global market for gasoline generators is mostly fragmented, with top 3 players holding 25%-30% share in the global market. This is mainly due to the large number of Chinese and other players involved in the manufacturing of gasoline generators. Significant players in the market are focusing on mergers and acquisition activities, along with new product launches to expand their global reach.

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Gasoline Generator Market by Category

By Power Output :

  • Less than 1.0 KW
  • 1.0 TO 3.0 KW
  • 3.0 TO 5.0 KW
  • More than 5.0 KW

By Type :

  • Portable Generator
  • Stationary Generator

By Application :

  • Standby Backup Power
  • Continuous Power

By End Use :

  • Commercial
  • Residential
  • Industrial
  • Agricultural
  • Others (Construction etc.)

By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

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Cosmetic Implants Market is projected at a 5.8% CAGR during the forecast period by 2032

The global cosmetic implants market is estimated to garner US$ 17.9 Billion while exhibiting a 5.8% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 10.2 Billion in 2022.

Increasing expenditure on healthcare, growing awareness about cosmetic procedures, and an increasing number of specialty clinics and ambulatory centres will further expand the size of cosmetic implants market in the future. The growing influence of social media and the rising awareness among individuals about physical appearance drive the growth of the market in the forecasting period.

As per the analysis, the dental implants segment is anticipated to hold remunerative opportunities for the global cosmetic implants market. Various developing countries are making significant developments in their budgets, thereby, offering lucrative opportunities to players in the market.

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Key Takeaways from the Market Study

  • Global market for cosmetic implants to nearly double by the end of 2032
  • By product type, the dental implants segment is expected to record a 5.8% CAGR by 2032
  • By raw material, the polymer implant segment to expand at a 5.9% growth rate during the forecast period
  • The U.S market to garner US$ 6.4 Billion and record a 5.5% CAGR from 2022-2032
  • Market in China to procure US$ 1.3 Billion, expanding at a 5.1% growth rate during the assessment period

“Rising demand for cosmetic procedures & growing technological advancements in the healthcare sector is expected to fuel the demand of cosmetic implants market over the forecast period,” says an analyst at Future Market Insights.

Competitive Landscape

Eminent players of the global cosmetic implants market include –

  • 3M Company
  • Polytech Health & Aesthetics GmbH
  • Sientra Inc.
  • GC Aesthetics Plc.
  • Danaher Corporation
  • Dentsply Sirona Inc.
  • Straumann
  • Johnson & Johnson
  • Zimmer Biomet Holdings Inc.
  • AbbVie Inc.
  • Cochlear Ltd.
  • Henry Schein Inc.

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Recent key developments among players include:

  • In January 2022 — Sientra, Inc. announced the acquisition of all of the assets related to AuraGen Aesthetic, LLC’s novel fat grafting technology, the AuraGen with AuraClens. The AuraGen system was developed by leading researchers and plastic surgeons. AuraGen’s transformative fat grafting system includes the face, potentially replacing currently available procedures using synthetic fillers with a procedure that uses the patient’s own tissue

  • In May 2022, GC Aesthetics®, Inc. announced the launch of an innovative Nipple Areola Complex (NAC). This unrivaled medical device is the answer to a well-known clinical need of thousands of women around the world. Until now, a variety of surgical techniques are used to try to reconstruct the nipple-areola complex with none providing a long-term aesthetic solution.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global church management software market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

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Key Segments Covered in the Cosmetic Implants Industry Survey

Cosmetic Implants Market by Product Type:

  • Cosmetic Breast Implants
  • Cosmetic Facial Implants
  • Cosmetic Dental Implants
  • Other Cosmetic Implants

Cosmetic Implants Market by Raw Material:

  • Biomaterial implants in Cosmetic Implants
  • Metal implants in Cosmetic Implants
  • Polymers Implants in Cosmetic Implants
  • Ceramic Implant in Cosmetic Implants

Cosmetic Implants Market by Region:

  • North America
  • Europe
  • APAC
  • Middle East & Africa
  • Latin America

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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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Nuclear Medicine Equipment Market is expected to have a steady CAGR of 4.1% during the period 2022-2032

The global demand for nuclear medicine equipment is expected to expand from US$ 2.3 billion in 2022 to US$ 3.4 billion in 2032. The nuclear medicine equipment market grew at a CAGR of 3.6 percent from 2016 to 2021, resulting in a market size of US$ 2.2 billion in 2021. During the period 2022-2032, the nuclear medicine equipment market is estimated to grow at a steady CAGR of 4.1 percent.

One of the primary aspects driving the nuclear medicine equipment market’s favourable outlook is the rising prevalence of chronic medical conditions around the world.

Furthermore, the growing elderly population, which is more susceptible to age-related and linked disorders, is propelling the sales of nuclear medicine equipment forward. In line with this, the growing demand for tailored medications among healthcare professionals and patients is fuelling the nuclear medicine equipment market’s expansion.

Other growth-inducing aspects include technology improvements such as the introduction of data integrated imaging systems and radiotracers. These systems allow for the reconstruction and processing of computer-assisted pictures as well as the accurate recognition of medical diseases in order to compare diagnostic scans and track illness development. These are driving the nuclear medicine equipment market trends globally.

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As per nuclear medicine equipment market analysis, in order to provide precise and high-resolution images, healthcare facilities are rapidly transitioning from standalone to hybrid imaging technologies. Other factors, such as increased biotechnology research and development (R&D) activities, as well as major advances in medical infrastructure, particularly in developing nations, are expected to propel the nuclear medicine equipment market forward.

The global nuclear medicine equipment market is expected to grow due to an increase in the prevalence of chronic diseases such as cancer and cardiovascular diseases, increased awareness of the efficacy of nuclear medicine equipment for early diagnosis of various types of cancers, and technological advancements.

However, the expensive cost of nuclear medicine equipment and the absence of reliable data and proof are limiting the nuclear medicine equipment market’s expansion. Increased investments in research and technical breakthroughs, on the other hand, will open up new prospects in the coming years and change the nuclear medicine equipment market outlook.

Key Takeaways:

  • The nuclear medicine equipment market growth is likely to be hampered by high installation and running expenses, as well as product recalls, over the forecast period.
  • One of the primary reasons projected to drive nuclear medicine equipment market expansion over the forecast period is the rising prevalence of chronic disorders.
  • SPECT segment leads the nuclear medicine equipment market share with the projected CAGR of 4.92% by 2032.
  • Oncology leads the nuclear medicine equipment market with the projected CAGR of 4.3% by 2032.
  • From 2021 to 2032, the academic and research institutes segment is expected to grow at the fastest rate of 6.1 percent. This is attributable to an increase in nuclear medicine research and development activities.

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Competitive Landscape:

To enhance their nuclear medicine equipment market share, leading players in the worldwide nuclear medical equipment market are focused on new product introductions. Several companies are prioritising new releases, product approvals, and other organic growth techniques like patents and events.

In the nuclear medicine equipment market, acquisitions, partnerships, and collaborations were viewed as inorganic growth strategies. These initiatives have paved the road for market players to develop their business and client base and transform the nuclear medical equipment market picture.

Key Players in the nuclear medicine equipment market include Philips Healthcare, GE Healthcare, Siemens Healthineers AG, Digirad Corporation, Mediso Medical Imaging Systems Ltd, DDD-Diagnostics A/S, Neusoft Medical Systems Co. Ltd., SurgicEye GmbH, and CMR Naviscan Corporation.

With high entry hurdles, advanced technical advances, and significant clinical and nonclinical unmet needs to meet, the nuclear medicine equipment market appears to have a bright future.

Recent Development in the Nuclear Medicine Equipment Market:

Curium purchased IASON, an Austrian radiopharmaceutical company, in June 2021 to expand its diagnostic product portfolio in Europe.

Lantheus, a company that makes diagnostic imaging agents and equipment in the United States, received FDA approval for PYLARIFY injectable in May 2021. The injection is the first commercially available PSMA PET imaging agent for prostate cancer.

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Segments:

By Product:

  • SPECT
    • Hybrid SPECT
    • Standalone SPECT
  • Hybrid PET
  • Planar Scintigraphy

By Application:

  • Oncology
  • Cardiology
  • Neurology
  • Others

By End User:

  • Hospitals
  • Imaging Centers
  • Academic & Research Institutes
  • Others

By Region:

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

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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Sale In Industrial Vacuum Cleaners Market Is Expected To Reach US$ 771.2 Mn By 2028

The global industrial vacuum cleaners market is estimated at US$ 569.1 Mn by 2022 and is expected to reach US$ 771.2 Mn by 2028, at a CAGR of 5.2% from 2022 to 2028.

Currently, 20% of the world’s vacuum cleaner market is made up of sales of industrial vacuum cleaners. Over the assessment period of 2022 to 2028, pneumatic industrial vacuum cleaners are anticipated to account for about 50% of the market’s revenue.

In its recently published report on the global industrial vacuum cleaners market, Future Market Insights (FMI), a multinational market intelligence company, provides a thorough analysis of the demand-supply landscape in addition to some significant, immediately applicable insights into the category pricing analysis.

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Growing global concern towards occupational safety and health combined with stringency in regulations ensuring the same are the two critical factors likely to push industrial vacuum cleaners sales in the next few years. Although, the global industrial vacuum cleaners market is expected to expand at a steady growth rate of approximately 5.1 percent in 2019, it is estimated that post 2023.

The global industrial vacuum cleaners market may witness steep fall considering growing overall procurement expenditure arising from import tariff duties on raw materials. In terms of volume sales, approximately 90,800 Units are likely to be shipped in 2019, representing a relatively moderate CAGR during 2022-2028—the timeline considered in the scope of the study.

While, food & beverage and pharmaceutical industries will remain the two prominent large-scale end-users of industrial vacuum cleaners, demand in construction, metal working, and automotive industries will also grow at a significant rate, in the coming years. Applications of industrial vacuum cleaners in automotive segment are estimated to grow owing to strong demand from Asia Pacific region, as per the report.

Sales May Suffer from Fluctuating Raw Materials Prices

“FMI perceives increasing prices of raw materials such as aluminum and steel as a critical market growth restrainer. Several end-use industries, specifically in developing markets are still dependent on manual cleaning equipment. The estimated cost breakdown of an industrial vacuum cleaner by components indicates that the electric or pneumatic system parts of the operation remains the highest, accounting for approximately 24 percent of the total cost of the product. The high price associated with industrial vacuum cleaners slows down the sales of the equipment. Since, utilization of industrial vacuum cleaners is based on the degree of customization incorporated in the equipment, small and medium industries prefer adopting manual cleaning equipment versus industrial vacuum cleaners”, Senior Analyst, Future Market Insights. In addition, the low adoption of industrial vacuum cleaner is mainly attributed to lack of awareness among consumers related to improper disposal of waste generated and high initial cost of the products.

Stringency in Workplace Safety Regulations to Drive Demand

Several workplace regulations demand the installation of industrial vacuum cleaners for a variety of applications—ranging from heavy blast materials, grain handling, pit cleaning to combustible dust collecting. The demand for industrial vacuum cleaners is anticipated to increase given that most deaths and injuries occur in confined work spaces, during cleaning, maintenance, and inspection procedures, as recorded by Occupational Health and Safety Administration (OSHA). In addition, in compliance with grades of dust classes, companies in the industrial vacuum cleaners landscape are manufacturing products with higher suction capabilities and improved filter designs.

Design and Technological Innovations to Drive Sales; APEJ to Offer Installation Opportunities

  • Several industrial vacuum cleaners manufacturers are focusing on developing innovative products—in terms of capacity and capability. Ranging from super-sized robot industrial vacuum cleaners for airports, equipped with large-capacity canisters along with multi-brushes and motors to ‘smarter’ variants having cameras and obstacle-detecting sensitive bumpers and sensors using LIDAR (Light Detection and Ranging) and Simultaneous Localization and Mapping (SLAM) technology for effective location tracking—such advancements are predicted to increase the adoption of industrial vacuum cleaners in the coming years.
  • Adoption rate of industrial vacuum cleaners is anticipated to remain promising in emerging markets of APEJ, considering shifting of production sites to low-cost facilities. APEJ will remain the most preferred center for global companies to set up manufacturing facilities, translating into faster replacement of manual cleaning equipment. GCC countries, on the other hand, are projected to restrict dependence on oil by equipping the cleaning equipment with IoT sensors.

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Insights from Segmental Analysis

  • Based on the current market scenario, canister-type industrial vacuum cleaners will dominate the landscape, with approximately 55 percent market share. Better maneuverability combined with superior capacity and efficiency compared to upright and backpack makes canister-type industrial vacuum cleaners extremely versatile and capable of cleaning numerous surfaces. However, FMI foresees growing demand for the other two variants, specifically in smaller work areas.
  • On the basis of mode of operation, although Electric industrial vacuum cleaners will dominate in terms of value and volume sales, with approximately 78 percent market share, Pneumatic mode type is anticipated to represent a promising demand landscape in the coming years, given its simplistic designs and higher efficiency compared to electric variants.
  • Portable industrial vacuum cleaners, by system type, will remain at the forefront due to it suitability in tight spaces, versus stationary systems.
  • Application of industrial vacuum cleaners for heavy duty cleaning processes will generate maximum revenue, specifically in extensive food & beverage and pharmaceutical applications. Explosion proof segment is estimated to capture around one-third of the total market value by 2028-end.

Competitive Landscape Analysis: In a nutshell, key focus remain on consolidation efforts in the highly competitive industrial vacuum cleaners market, as small and medium sized manufacturers dominate the landscape.

  • Tier-1 companies, such as Alfred Kärcher GmbH & Co. KG, Nilfisk, Inc., TTI Floor Care North America, and DELFIN are expected to hold a relatively larger market revenue slice, given the expansive product portfolio and efficient distribution channels.
  • Tier-2 companies, on the other hand, hold approximately 33 percent market share, showing string dominance over regional markets. Such companies include, Numatic International Ltd., G. Staehle GmbH u. Co. KG, and Ghibli & Wirbel SpA, among others.
  • Key manufactures of industrial vacuum cleaners are projected to focus on price reduction, wider product offering, and long-term distribution partnerships for a stronger local presence.
  • Considering substantial revenue opportunities in China, India, and SEAP, manufacturers are likely to aggressively push product in these markets through well-structured and efficient supply chain along with improved retailing network.

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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 6-years.

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Demand For Dredging Market Is Slated To Increase At A CAGR Of 3.7% During 2022-2032

The global dredging market is predicted to grow at a CAGR of 3.7%, reaching a valuation of more than US$ 22.3 billion by 2032. The dredging market is anticipated to benefit from rising demand for gulf coast restoration activities. Dredging service providers are adopting dredger monitoring systems and upgradation of their equipment to increase efficiency and productivity.

Rising government investments in dredging activities in emerging economies will create market growth opportunities in the coming years. Various governments in developing and developed countries are investing in dredged harbours, channels, and waterways in a timely and cost-effective manner to meet environmental protection, restoration, and enhancement goals.

Furthermore, increased trade activity, urban development projects, and coastal protection activities are driving global demand for dredging services. Manufacturers are introducing new and innovative service methods while adhering to emission control regulations.

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Due to upgradation of equipment, dredging activities are now being used for accessing high-quality mineral reserves that are economically inaccessible through conventional mining.

Companies providing dredging services for the development of ports and dockyards are extending their portfolio by including suction dredging for rivers and smaller waterways. Such developments are anticipated to bode well for the growth in the market over the forecast period.

“Technology upgradation in dredging service driven by the adoption of dredger monitoring systems and upgradation of equipment to increase efficiency and productivity will continue driving sales in the market growth over the forecast period,” says an FMI analyst. 

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Key Takeaways:

  • By customer type, the government segment is projected to hold 43.6% of the total market share in 2022.
  • Based on application, the energy Infrastructure segment is expected to grow Y-o-Y by 4.6% in 2022.
  • Demand in the U.S. dredging market is forecast to increase at a 2.1% CAGR, reaching a valuation of US$ 1.5 Bn by 2032.
  • India will emerge as a lucrative pocket, with sales growing at a 3.4% CAGR through 2032.
  • Total sales in the China market will hold 25% of the East Asia dredging market share in 2022.
  • By 2032, East Asia is expected to account for a dominant share of 32.9% of the global dredging market.

Competitive Landscape 

The global dredging market is significantly consolidated among Tier I, Tier II, and Tier III players. The leading players in the market account for 50 to 55% share in the market on a value basis.

Some of the key players in this industry include China Communications Construction Company Limited, Royal Boskalis Westminster N.V, Dredging, Environmental and Marine Engineering NV (DEME), Van Oord, Great Lakes Dredge & Dock Corporation, Royal IHC, National Marine Dredging Company and others.

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Key Segments Covered in Dredging Market Analysis

Customer Type:

  • Government
  • O&G Companies
  • Mining Companies
  • Renewables
  • Others

Application:

  • Trade Activity
  • Trade Maintenance
  • Energy Infrastructure
  • Urban Development
  • Coastal Protection
  • Leisure

Region:                        

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

About Us:

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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Japan Is Expected To Emerge As The Leading Market For Refrigerated Display Cases In East Asia By The End Of 2031, FMI

The report offers analysis in 20+ high-growth markets, providing detailed insights on Refrigerated Display Cases Market growth will evolve in the next decade. Increasing refrigerated display cases sales are set to enable the market’s valuation to reach US$ 9.5 Bn in 2021. Future Market Insights (FMI) in a study has predicted stable long-term growth for the market.

The refrigerated display cases (RDC) market has been registering high growth since the last few years. This growth is projected to continue over the coming years due to increasing demand from the food retail sector. The increasing population and rapid urbanization in emerging economies from will create significant opportunities for growth in the next few years.

Refrigerated display cases mostly used in retail stores and food & refreshment industry, for example, general stores/hypermarkets, supermarkets, eateries and hotels and non-routine outlets. RDCs help to attract customers through an attractive visual display of food and drink products.

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With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of refrigerated display cases the market remains positive. According to the report, the retail food and beverages sector will continue accounting for over 70% of sales of refrigerated display cases through the forecast period.

Introduction of high performance and connected refrigerated display cases with real time cloud access and maintenance will create lucrative growth opportunities. In the coming years, the market also will gain from the launch of low GWP refrigerants aimed at lowering environmental challenges.

Refrigerated display case 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. Collaboration, mergers and acquisition with regional companies will remain key strategies adopted by market players as they aim at expanding their footprint in regional market.

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Key Takeaways

  • Expansion of the supermarkets and hypermarkets will remain a chief growth driver, enabling the market rise at 5.5% CAGR between 2021 and 2031
  • Rising demand for ready-to-eat food is fuelling refrigerated display cases sales across supermarkets and hypermarkets in the U.S. The country is expected to account for over 70% of the North America market
  • Expansion of the food service sector will enable growth in Germany and France
  • The U.K. will emerge as a strong market, exhibiting 3.8% y-o-y growth in 2021 after a period of decelerating sales in 2020
  • While China currently holds dominance, Japan will emerge as the leading market in East Asia backed by rising demand for packaged food

“Recent developments in food service and food retail sectors are creating lucrative prospects for the market. Consumers’ inclination towards add-on features like real time maintenance, remote access, and others is increasing, which is expected to give tailwinds to growth. In order to woo end users, manufacturers are therefore providing competitive price offering and advanced technologies,” says FMI analyst.

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The implementation of stringent government norms and regulation on use of refrigerant for cooling is estimated to create high growth avenues for the refrigerated display case market. The increasing focus on eco-friendly and sustainable refrigerated display cases in developed and developing economies across the globe is creating growth opportunities.

Competitive Landscape

The refrigerated display cases market is fairly competitive, with key players accounting over two third of the overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market share.

The refrigerated display cases market is fairly competitive, with key players accounting over two third of the overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market share. Some of the key players in the market are Carrier Corporation, Frigoglass SAIC, Epta S.p.a. Refrigeration, Dover Corporation, Haier Group, Arneg S.p.A, Illinois Tool Works, Daikin Industries, Ltd., Fagor Industrial, and others.

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Get Valuable Insights into Refrigerated Display Cases Market Report

Future Market Insights, in its new offering, provides an unbiased analysis of the global refrigerated display cases market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The refrigerated display cases market study uncovers convincing bits of knowledge based on type (plug-in, semi plug-in, and remote), design (vertical, horizontal, and hybrid), and end user (food service sector and retail food and beverages sector) across six key regions.

Refrigerated Display Cases Market

Type

  • Plug-In Refrigerated Display Cases
  • Semi Plug-In Refrigerated Display Cases
  • Remote Refrigerated Display Cases

Design

  • Vertical Refrigerated Display Cases
  • Horizontal Refrigerated Display Cases
  • Hybrid Refrigerated Display Cases

By End Use

  • Food Service Sector
    • Quick Service Restaurants
    • Bakeries
    • Hotels
    • Others
  • Retail Food & Beverage Sector
    • Fuel Station Stores
    • Hypermarkets
    • Supermarkets
    • Discount Stores

By Region

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

Pneumatic Actuator Market Potential And Niche Segments, Geographical Regions Exhibiting Promising Growth By End Of 2031

The global pneumatic actuator market is set to ascend at over 5% CAGR through 2031. Requirement for pneumatic actuators grew exponentially over the past years with the surge in application across various sectors such as industrial automation, transportation, and offshore, to name a few. Though the outbreak of COVID-19 temporarily disrupted the pneumatic actuator market growth earlier in 2020, the steady recovery of the key application sectors is projected to enable the market to regain momentum in the coming years.

The recently revised edition of the report on the ‘pneumatic actuator’ market study by Future Market Insights (FMI) provides a thorough analysis of the global pneumatic actuator market potential, growth & restraining factors while emphasizing the new trends in the leading regions such as North America, Europe, and the Asia Pacific during the forecast period of 2021 to 2031.

According to the report, the United States, Germany, India, China, and a few other countries will emerge lucrative while 20+ countries will maintain a positive market outlook throughout the forecast period.

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How does Future Outlook on Pneumatic Actuator Market Compare with Historical Sales?
Sales of pneumatic actuators increased steadily over the past decade with the increase in demand for rack & pinion and scotch yoke type of pneumatic actuators. Advancements in the manufacturing sector and expansion of key application sectors such as mining, transportation, and others further propelled the growth, apart from a temporary decline in 2020.

According to FMI, the global pneumatic actuator market expanded at over 4% CAGR during the last 5 years from 2016 to 2020.

As the key application sectors are regaining traction and are getting over the effect of the pandemic, the demand for pneumatic actuators is subject to rising again creating ample opportunities for the key players.

Additionally, the surge in demand for double-acting type pneumatic actuators is further bolstering the growth of suppliers. According to FMI, the global pneumatic actuator market is set to ascend at over 5% CAGR through 2031.

According to a report, titled “Logistics & Transportation Industry” published by SelectUSA, the logistics & transportation industry is one of the highly progressive industries in the world. As stated in the report, the United States business logistics costs reached US$ 1.6 Trillion in 2018, representing 8% of the Gross Domestic Product (GDP) in that year, while the Foreign Direct Investment (FDI) in the industry totalled US$ 1.5 Billion. This gives a glimpse of the growing opportunities for pneumatic actuator manufacturers in the transportation sector.

Pneumatic Actuator Market Category-Wise Insights
Which Product Type is Dominating in the Pneumatic Actuator Industry?
Presently, the rack and pinion segment is leading in the global pneumatic actuator market and is expected to exhibit hegemony throughout the forecast period in terms of product type. This type of pneumatic actuator is highly preferred in the transportation sector as it provides with smooth driving experience by converting the rotational motion of the steering wheel into the linear motion needed to turn the wheels. Also, it provides the gear reduction which makes it easier to turn the wheels.

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It is extensively used in applications where an external force is not available to retract the piston or high force is required in both directions of travel.

Which Application Segment is Fuelling the Sales of Pneumatic Actuator?
Presently, the industrial automation segment is mostly fuelling the sales of pneumatic actuators in terms of application. Industrial automation is the use of various automated control systems such as robots, Artificial Intelligence, and others. With the technical and digital advancements, this sector is growing fast. This in turn is surging the demand for pneumatic actuators.

Other key segments in terms of application, which are augmenting the sales are transportation, mining offshore, and others.

Pneumatic Actuator Market Competitive Landscape
The global pneumatic actuators market is highly competitive and thriving on the revenues of the leading players. To capitalize on the new opportunities, key pneumatic actuator market players are launching quality products more frequently.

About Future Market Insights (FMI)

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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Australia Conveyor Maintenance Market Increase In Mineral Commodity Production And New Mining Establishments To Drive | FMI

The research indicates the conveyor maintenance market in Australia to reach a valuation of US$ 757.0 Mn by 2026, witnessing a 3.1% CAGR through 2026. Future Market Insights in its recent report – “Conveyor Maintenance Market: Australia Industry Analysis and Opportunity Assessment, 2016–2026”, offers key insights into the future of the conveyor maintenance market in Australia for the next decade.

The lifeblood of the mining industry are bulk conveyors. Downtime caused by malfunctioning conveyor systems has emerged as a major area of concern as mining giants deal with tight production deadlines and limited maintenance budgets. Even though Australia has long been a global leader in mining, according to Future Market Insights, the mining industry accounts for the majority of the region’s conveyor maintenance market.

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Mineral Production Hike: The overall increase in the production and processing capacity of Australia’s mining industry will amplify operating and maintenance budgets. Rising mineral production capacity is foreseen to remain the strongest factor pushing the demand for conveyor maintenance services.

New Mining Projects: With the mining industry welcoming a host of new coal, iron ore, and gold projects, the market for conveyor maintenance is estimated to elevate gradually over the next decade. However, volatility in mining will continue to create pricing pressure, restraining the Australia conveyor maintenance market growth to a certain extent.

Conveyor Modernisation Trend: Miners are increasingly preferring modernisation of conveyors that eventually extend their life span, providing impetus to the component fixing/replacement segment.

Mining Evolution: Major mining players are increasingly engaging in plant expansion and investments. This, coupled with the steady evolution in mining operations, will create profitable opportunities for conveyor maintenance service providers. Advancements in mining are likely to boost service providers’ abilities to deliver services and components confined to evolving mining operations.

Segmentation Insights

  • By service type, the component fixing/replacement segment will continue its dominance, accounting for over 78% value share in 2026. The maintenance services segment will reportedly lose 230 BPS over 2016-2026, as one-time maintenance trend will continue to limit long-term maintenance contracts
  • By conveyor type, rubber segment will retain the leading position with over 95% market value share by 2026 end. While the plastic and others segment will be sustained by the adoption of enhanced materials such as polyurethane, the metal segment will continue to hold a negligible market value share due to application in the automotive and food manufacturing sector
  • Among conveyor components, rollers and conveyor belts will dominate over cleaners and other components over the forecast period. Roller and idler segment is forecast to lead, followed by conveyor belt segment
  • Mining will remain the largest end-use segment with over three-fourth revenue share by 2026 end

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Key Player Insights

Future Market Insights has profiled the leading players operating in the Australia conveyor maintenance market. These include Rema Tip Top Australia, Flexible Steel Lancing Company (FLEXCO), Habasit Australia Pty Ltd., Fenner Dunlop Australia Pty Ltd., Forbo Siegling Pty Ltd., ContiTech Australia Pty. Ltd., Reliable Conveyor Belt Pty. Limited, Kinder Australia Pty Ltd, Nepean Engineering & Innovation Pty Ltd., Minprovise Pty Ltd., Endless Belt Service Pty Ltd, and Mato GmbH & Co. KG. The market is currently witnessing a consolidation trend.

About Us:

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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Mobile Cranes Market Niche And Potential Segments And Regions Of The Market That Exhibit Lucrative Growth Opportunities

The updated edition of ‘Mobile Cranes Market’ study by ESOMAR-certified firm Future Market Insights recalibrates the previous findings, adjusting the forecast for COVID-19 impact.

Global mobile crane sales are recovering, mirroring broader trends in the heavy equipment industry. Although long-term prospects remain positive, the construction sector’s uncertainty continues to impact new sales.

According to the study, construction, shipping, and oil and gas recovery will be critical to mobile crane sales in 2021. Vaccination campaigns and optimism that China and India will avoid a second pandemic wave have raised hopes for a recovery in 2021. However, the pandemic-induced slowdown will require a long road to recovery, and this sentiment was palpable in FMI’s survey of manufacturers and stakeholders.

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China Remains a Key Market for Mobile Crane Manufacturers

Early recovery and lowering fears of a second wave have given China an edge over US and Europe in terms of COVID-19 economic recovery. Further, the government in China is heavily investing in road and infra projects, which has led to a spike in heavy equipment machinery.

According to FMI’s analysis, mobile crane manufacturers are looking to strengthen their position in APAC to offset the weakness in US and Europe. China, along with India are likely to see heightened activity from market players during the next decade.

Asia Pacific is the fastest-growing infrastructure market, driven by increasing government expenditures on different projects in China and India, as both the countries have depended on infrastructure to boost the economy and create jobs.

Key Takeaways from Study

  • Crawler cranes continue to be a top-selling category
  • All terrain mobile cranes to emerge lucrative in terms
  • Recovery in construction sector key to growth in
  • APEJ (Asia Pacific Excluding Japan) to exhibit fastest growth rate through 2031 with its epicenters in China & India
  • The United States to hold the major share in the North America mobile cranes industry
  • Germany to maintain its lead in the mobile cranes industry of Europe
  • The United Kingdom, Canada, Japan, France, and a few others to maintain positive outlooks for mobile cranes industry

“While increase in requirement from residential, commercial, and industrial construction sectors is spurring the growth of mobile crane manufacturers, availability of new products with wider variety is driving more potential buyers to this industry. This in turn is creating unlimited new opportunities for stakeholders in mobile cranes market,” says an FMI analyst.

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Oil & Gas Industry will Provide Long-term Momentum

Oil & gas industry being a dominant end-use industry of mobile cranes, will be key to mobile crane sales in the long-term. According to the report titled “Oil 2020- Analysis” published by the International Energy Agency (IEA) on March, 2020, the global oil demand is expected to rise by a total of 5.7 mb/d, with China and India accounting for about half of growth.

As stated in the report, the world’s oil production capacity is expected to rise by 5.9 mb/d, while Non-OPEC supply will rise by 4.5 mb/d, and OPEC will build another 1.4 mb/d of crude and natural gas liquids capacity. These figures reveal the high potential of the mobile cranes industry.

Who is Winning in this Space?

The global mobile cranes market is extremely competitive in nature. As key market players are focusing on increasing their sales footprint further, they are coming up with wide variety of products.

For instance,

  • Liebherr Group launched its new LTM 1150-5.3 Wheeled Mobile Telescopic Crane in 2020
  • Terex Corporation announced selling of its Demag® Mobile Cranes Business in order to increase their profitability in 2019, while they launched new range of products such as TEREX® Rough Terrain Cranes, TEREX® Tower Cranes, and others

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Table of Content

  1. Executive Summary
  2. Market Introduction

2.1. Market Taxonomy

2.2. Market Definition

  1. Mobile Cranes Market Analysis Scenario

3.1. Global Mobile Cranes Market: Construction Equipment Industry overview

3.2. Market Volume Analysis

3.2.1. Global Mobile Cranes– Installed Base and Replacement Rate, 2020

3.2.2. Global Mobile Cranes–Lifecycle Analysis

3.3. Global Mobile Cranes Market – Price Projections By Type

3.4. Global Mobile Cranes – Price Projections By Region

3.5. Global Mobile Cranes Market Forecast

3.6. Mobile Cranes Market: Value Chain Analysis

  1. Market Dynamics

4.1. Global Mobile Cranes Market: Macroeconomic Factors

4.2. Macroeconomic Factors: Building & Construction

About Us:

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
Latest Report: https://www.futuremarketinsights.com/reports/
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