Global Unbleached Softwood Kraft Pulp Market to Reach USD 2.32 Billion by 2033 | FMI

Unbleached Softwood Kraft Pulp Market
Unbleached Softwood Kraft Pulp Market

The global unbleached softwood kraft pulp market, valued at USD 1,481.5 million in 2023, is expected to grow at a CAGR of 4.6% over the forecast period from 2023 to 2033, reaching USD 2,322.84 million by 2033. This growth is driven by the increasing demand for sustainable packaging solutions and the rising preference for lightweight paper packaging among consumers.

Core Concepts in the Unbleached Softwood Kraft Pulp Industry

  • Anticipated Value in 2023:  The global unbleached softwood kraft pulp market is expected to be valued at US$ 1,481.5 million in 2023.
  • Historical Performance (2018-2022):  The market registered a CAGR of 4.6% from 2018 to 2022.
  • Expected Value in 2033:  Projected to reach US$ 2,322.84 million by 2033.
  • Market Size for the United States through 2023:  Expected to reach US$ 286 million by the end of 2023.
  • Opportunities for Market Players:  Rising demand for sustainable packaging presents significant opportunities for market players in the unbleached softwood kraft pulp market.

Key Market Drivers

1. Sustainable Packaging Demand:  The shift towards environmentally friendly and reusable packaging solutions is a significant factor driving the market. Consumers and manufacturers are increasingly opting for unbleached softwood kraft pulp due to its recycling efficiency, lightweight properties, and lower overall production and energy costs compared to conventional materials.

2. E-commerce and Food Packaging:  The rise in online retail and the growing demand for sustainable food packaging are major trends boosting the pulp and paper industry. As environmental concerns grow and government regulations on plastic usage become stricter, the market is witnessing a shift towards biodegradable alternatives for plastic packaging products.

3. Lightweight Paper Packaging:  The preference for strong, lightweight paper packaging is increasing among consumers. This trend is expected to fuel a 5.9% market rise for unbleached softwood kraft pulp by 2030. Paper and paperboard packaging, such as corrugated boxes, cartons, liners, bags, and sacks, continue to dominate several packaging applications, providing an eco-friendly substitute to metal and steel packaging.

4. Technological Advancements:  Artificial intelligence (AI) is anticipated to play a crucial role in the future of unbleached softwood kraft pulp production. AI will enable manufacturers to create automated and predictive production lines, enhancing the quality and efficiency of the pulp production process.

Unbleached Kraft Pulp: A Sustainable Packaging Hero

  • Corrugated Boxes and Cartons:  A significant contributor to the market, unbleached kraft pulp is a popular choice for producing strong and lightweight packaging solutions.
  • Paper Bags and Sacks:  The popularity of unbleached sack kraft paper, known for its durability and recyclability, is driving market growth.
  • Printing and Packaging Applications:  Unbleached kraft pulp offers a cost-effective option for packaging and printing applications, particularly when brand awareness is a key objective.

The unbleached softwood kraft pulp market presents a promising future driven by sustainability concerns, e-commerce growth, and consumer preference for eco-friendly packaging. By embracing innovation and focusing on sustainable practices, market players are well-positioned to capitalize on the vast potential within the unbleached softwood kraft pulp landscape.

Innovation and Automation Shape the Future

  • AI in Production:   Artificial intelligence is poised to revolutionize the industry by enabling the creation of automated and predictive production lines, optimizing efficiency.
  • Sustainability in Focus:   As environmental concerns gain prominence, the market is witnessing a growing preference for lightweight and recyclable packaging solutions made from unbleached kraft pulp.

Regional Insights: 

In North America, the production of unbleached softwood kraft pulp is experiencing robust growth, driven by key producers primarily located in the United States and Canada. As of 2023, the market value in the United States stands at US$ 286 million, with a projected compound annual growth rate (CAGR) of 3.1% through 2033. This growth is supported by continuous investments in research and development by leading companies within the industry. These efforts aim to enhance product quality and introduce innovations that cater to evolving market demands, particularly in packaging solutions crucial for the burgeoning e-commerce sector.

Canada, another significant player in the North American market, shows a market value of US$ 66 million in 2023, with a slightly higher CAGR of 4.5% over the forecast period. This growth underscores Canada’s role in the regional market dynamics, contributing to the overall expansion of the unbleached softwood kraft pulp sector.

In contrast, Europe remains the leading region globally for unbleached softwood kraft pulp, with the United Kingdom and Germany showcasing substantial market values of US$ 64 million and US$ 57 million respectively in 2023. Despite a moderated CAGR compared to previous years, Europe’s robust infrastructure and widespread adoption of kraft liner board continue to drive steady growth, underscoring the region’s pivotal position in the global market landscape.

Key players

  • Stora Enso Ovi.
  • Canfor Corporation
  • Ahlstrom-Munksjo
  • Nippon Paper Industries Co., Ltd
  • Domtar Corporation
  • Arauco North America, Inc.
  • Ilim Group
  • Rottneros AB
  • Port Townsend Paper Company

Access Full Report: https://www.futuremarketinsights.com/reports/unbleached-softwood-kraft-pulp-market

Key Segments

By Product Type:

  • Northern
  • Southern
  • Others

By Grade:

  • Chemical Pulp
  • Mechanical Pulp
  • Other Pulp

By Application:

  • Printing and Writing
  • Newsprint
  • Packaging
  • Corrugated Boxes
  • Cartons
  • Liners
  • Bags and Sacks
  • Wrapping
  • Other Packaging Products
  • Tissue & Toilet Paper
  • Others

By End-use:

  • Packaging
    • Food and Beverages
    • Building and Construction
    • Agriculture and Allied Industries
    • Chemicals
    • Cosmetics and Personal Care
    • Electrical & Electronics
    • Other Consumer Goods
  • Non-Packaging

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East & Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Global Pyramid Tea Bags Market to Reach USD 400.2 Million by 2033 | FMI

Pyramid Tea Bags Market
Pyramid Tea Bags Market

The global pyramid tea bags market is set to experience steady growth, with a projected compound annual growth rate (CAGR) of 4.5% between 2023 and 2033. Valued at USD 257.7 million in 2023, the market is expected to reach a valuation of USD 400.2 million by 2033. The rise in demand is attributed to consumer preferences for convenience, premium tea blends, and eco-friendly packaging solutions.

Core Concepts in the Pyramid Tea Bags Industry

  • Market Hindrances: Micro-plastic waste is a significant factor that could impede the market growth.
  • Sales Drivers: The increasing health and wellness awareness among consumers is driving sales.
  • United States Market (2023): Market Share: The United States is likely to attain a market share of 2% in 2023.
  • Growth Opportunities in USA: The rising tea culture and health-conscious consumers fuel market growth.
  • China Market Outlook (2023): Market Share in China expanded at a market share of 9% in 2023.

Market Restraints:

Micro-Plastic Waste: A significant challenge facing the pyramid tea bags market is the creation of micro-plastic waste. Many tea bags contain non-biodegradable polypropylene, especially in the seals, contributing to environmental damage. Governments in several countries are implementing bans on polypropylene to mitigate environmental harm. This regulatory shift may impact the growth of the pyramid tea bags market as companies adapt to new standards.

Key Market Trends and Drivers:

  1. Eco-Friendly Packaging: With rising environmental concerns, consumers are prioritizing sustainable packaging choices. Pyramid tea bags made from biodegradable materials and packaging from recycled materials are gaining traction. Companies adopting eco-friendly packaging differentiate themselves from competitors and attract environmentally conscious consumers. This shift towards sustainability is essential for creating a healthier planet.
  2. Premium Tea Blends: Consumers are willing to pay premium prices for high-quality and unique tea blends. Companies are responding by offering pyramid tea bags with rare and exotic ingredients, enhancing the overall tea experience and standing out in the competitive market.
  3. Convenience and Ease of Use: Pyramid tea bags offer a hassle-free way to prepare tea, appealing to consumers looking for quick and easy options. Unlike loose leaf teas, pyramid tea bags do not require additional equipment like strainers or infusers, making them a convenient choice for tea lovers.
  4. Innovative Packaging Designs: Packaging plays a crucial role in product marketing. Companies are experimenting with unique and eye-catching packaging designs to make their pyramid tea bags stand out on shelves. Bold colors, interesting shapes, and unique materials are being used to create visually striking designs that attract consumer attention.
  5. Rise of E-Commerce: The growth of e-commerce has increased the online sales of pyramid tea bags, offering consumers more convenience and choice. Online sales enable companies to reach a broader audience and compete globally, further driving market growth.

Who is winning?

The presence of several leading brands has rendered the pyramid tea bags market consolidated in nature. Competition foreseen in the market is consequently rising, while 70-80% of market share is held by the tier 3 players, key players contribute around 20-30% of the worldwide market.

Major market players operating in the global market are

  • Tata Consumer Products Limited,
  • Hain Celestial Group,
  • Unilever PLC, R. Twining, and Company Limited,
  • Dilmah Ceylon Tea Company PLC,
  • JIN DA Tea Co., Ltd, Bigelow, and
  • The East India Company Ltd.

Players are majorly focusing on capitalizing on production volume, offering sustainable pyramid tea bags solutions, and expanding their reach worldwide. For instance,

Competitive Landscape

The global pyramid tea bags market is consolidated in nature with key manufacturers focusing on providing tailored solutions. The leading manufacturers operating in the global pyramid tea bags market are focusing on maximizing production volume, expanding their reach globally, and providing sustainable pyramid tea bags solutions.

  • Unilever, of late, announced that it will start the production of new tea bags that will be made using a new renewable plant-based material that is 100% biodegradable.
  • Semper Tea has tabled biodegradable pyramid tea bags. Corn fiber is the material utilized. The silky touch doesn’t come in between the tea’s taste.
  • PG Tips is also on the verge of completely switching over to plant-based tea bags by the summer of 2021.

Market Restraints:

  1. Costs and Production Challenges:
    • Manufacturing pyramid-shaped tea bags can be more expensive compared to traditional flat bags. The production process, including the use of specialized machinery and materials, may contribute to higher costs.
  2. Limited Compatibility:
    • Not all tea blends may be suitable for pyramid-shaped bags. Some delicate or finely ground teas may not work well with the design, limiting the range of teas that can be packaged in this format.
  3. Consumer Awareness and Education:
    • Some consumers may not be familiar with the benefits of pyramid tea bags or may perceive them as a marketing gimmick. Educating consumers about the advantages of this packaging style may be necessary for wider acceptance.
  4. Competition with Loose Leaf Tea:
    • Pyramid tea bags, while offering a more convenient option than loose leaf tea, may face competition from consumers who prefer the authenticity and customization that comes with brewing loose leaf tea.

Access Full Report: https://www.futuremarketinsights.com/reports/pyramid-tea-bags-market

Key Segments Covered in Pyramid Tea Bags Industry Research

Product Type:

  • Small (Below 3 gm)
  • Medium (3-5 gm)
  • Large (Above 5 gm)

Material:

  • Nylon
  • Paper
  • Cotton
  • Silk
  • Others (Corn starch, etc.)

Distribution Channel:

  • Direct Sales
  • Retailers
  • Hypermarket
  • Supermarket
  • Convenience Stores
  • Other Retail Formats
  • E-Retail

End-use:

  • Institutional
    • Educational Institutions (Schools and colleges)
    • Public Institutions (Govt. offices and public places)
    • Private Institutions
    • Movie Theater

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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T: +1-347-918-3531
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Barcode Printers and Consumables Market to Reach USD 7,881.1 Million by 2033, Growing at 6.2% CAGR

Over the historical period between 2018 and 2022, the market for barcode printers and consumables recorded a CAGR of 4.4%. However, the forecast for the future is much more encouraging because this market’s demand is anticipated to soar at a higher CAGR. In 2023, the global sales of barcode printers and consumables are expected to reach a considerable value of nearly USD 4,586.4 million.

The demand for barcode printers and consumables is anticipated to rise steadily over the next few years at 6.2% between 2023 and 2033. Furthermore, the growing acceptance of barcode technology across a variety of sectors could drive the market value up to about USD 7,881.1 million by 2033.

The growing use of barcodes in the industrial, retail, healthcare, transportation, and supply chain management sectors has significantly increased the need for barcode printers. Barcodes efficiently collect data, manage inventory, and identify products, streamlining company processes, reducing manual mistakes, increasing productivity, and lowering processing costs. The logistics and transportation industries have also widely embraced barcodes for effective inventory management and shipment monitoring.

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The need for contactless payment methods and online shopping has also increased, which has accelerated the deployment of barcode technology. Businesses are integrating barcode systems into their operations due to the ease and speed of barcode scanning in retail and online transactions.

To improve patient safety and optimize operations, barcode technology is now being widely utilized in the healthcare sector for patient identification and medication administration. Besides the healthcare sector, the use of barcode technology in professional documents is developing fast these days, making them crucial to current corporate operations.

Key Takeaways from the Global Barcode Printers and Consumables Market Study Report by FMI

  • Around 18.2% of all barcode printer and consumable sales worldwide in 2022 were made in the United States only. The success of market players active in the United States may be linked to their dominance in this sector in other countries.
  • Between 2023 and 2033, sales of barcode printers and consumables in the United Kingdom market are anticipated to soar at a CAGR of 5.8%.
  • The rising implementation of barcode technology across many Asia Pacific nations is driving the strong expansion of the regional market for barcode printers and consumables. For instance, China is anticipated to experience year-on-year growth of around 8.2% over the forecast period of 2023 and 2033.

Competitive Landscape for the Barcode Printers and Consumables Market Players

TVS ELECTRONICS, ZEBRA, HERMA Labeling Machines, RYNAN Technologies, Honeywell, Toshiba, SATO Holdings, Avery Dennison, and TSC Auto Id Technology are some top market players. These leading players have prioritized innovation, releasing sophisticated printers with high-speed printing, dependability, and connection capabilities to fulfill the changing requirements of many sectors.

According to FMI analysts, barcode printer manufacturers and suppliers that have entered the market recently now have very profitable prospects to build their businesses. New market participants have intentionally increased their presence in regional markets by setting up distribution networks and service facilities to effectively meet regional demands. Collaborations with important industry players and end users have also made it easier for them to reach new market sectors, which has further intensified the market competition.

Barcode Printers and Consumables Market Segmentations

By Printer Type:

  • Desktop Printer
  • Industrial Printer
  • Mobile Printer
  • Other Printer Types

By Application:

  • Industrial/Manufacturing
  • Transportation/Logistics
  • Retail
  • Healthcare
  • Government
  • Commercial Services

By Printing Technology:

  • Thermal Transfer
  • Direct Thermal
  • Dot Matrix
  • Laser
  • Inkjet

By Consumables:

  • Ribbons
    • Wax Ribbons
    • Wax/Resin Ribbons
    • Resin Ribbons
  • Labels

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Dry Washer Market Size is Projected to Rise at USD 449.2 Million by 2033, With a 2.8% CAGR

The dry washer market saw a CAGR of 2.8% throughout the predicted time frame. The market is anticipated to reach a value of US$ 342.1 million by 2023 and US$ 449.2 million by 2033. The historical CAGR (2016 to 2021) for the dry washer market was predicted to be 1.7%.

The use of a dry washer is anticipated to increase given that it is often employed for gold mining and is most frequent in dry, remote places. Dry washers also use air, vibration, and static electricity to remove gold from used gravel successfully.

During the anticipated period, there would be a substantial demand for dry washers in such desert and remote areas of the southern hemisphere because these regions are those where water is expensive, difficult to get, or unavailable.

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What are the Main Determinants in the Dry Washer Market?

Drivers

The expanding human population and developing global water shortage problems are anticipated to be the primary market growth drivers. During the projection period, the expanding mining sector is also anticipated to increase the demand for dry washers.

Opportunity

In the upcoming years, it is anticipated that the dry washer market would experience considerable expansion due to the rising possibility of gold mining in arid and water-scarce areas. The need for dry washers is anticipated to increase as precious metals like gold are predicted to see an increase in demand due to the rise in disposable income.

Challenges

One of the main problems holding back manufacturers in the dry washer market is the low efficiency of dry washers compared to regular washers. To match the overall efficiency of dry washers with that of traditional water washers, manufacturers are concentrating on creating practical solutions.

Recent Developments in the Dry Washer

  • Royal Manufacturing LLC has developed new products, including the Royal King dry washer and Royal King Replacement screen; these are the prominent tools used in gold mining. These are exceptional products which are efficient for a better quality of work in recent years.
  • Keene Engineering has announced the latest product Mini DryWasher. It is a small and light-weighted dry washer and can trek to remote locations. This is one of the finest product machines, which can operate in dry and wet areas. The dry washer can be carried with a single hand.

Some of the market participants identified across the value chain of the global dry washer include

  • Royal Manufacturing LLC
  • Shandong Xinhai Mining Technology & Equipment Inc
  • Keene Engineering
  • Thompson Drywashers
  • Shibang Machinery Co.
  • Shanghai Zenith Minerals Co., Ltd.
  • Syntec Engineering

Key Segments

By Types of Operation:

  • Hand operated
  • Lightweight engine
  • Air-fan assemblies

By Region:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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FMI Analysis Affirms Global Agricultural Sprayers Market Revenue Forecasted to Reach USD 5,499.5 Million by 2033, Growing at a CAGR of 5.9%

The global agricultural sprayers market is anticipated to achieve a substantial size, projected to reach USD 3,106.1 million by 2023, with a subsequent growth rate forecasted at 5.9% CAGR between 2023 and 2033. By the conclusion of 2033, total sales within the agricultural sprayers sector are expected to yield revenues amounting to USD 5,499.5 million.

One of the primary drivers stimulating the demand for agricultural sprayers worldwide is the increasing emphasis on farm mechanization to meet the growing demand for food. Additionally, the rising popularity of self-propelled and aerial sprayers is contributing significantly to the surge in demand for agricultural sprayers across various regions.

Agricultural sprayers serve as essential equipment utilized for the application of liquid substances such as fertilizers, pesticides, and herbicides to crops or plants. Through the efficient use of agricultural sprayers, farmers can effectively manage crop health throughout the crop growth cycle, ensuring optimal yields and crop quality.

Growth Factors:

The rapid transition from traditional manual farming methods to advanced mechanized farming practices, particularly in key agricultural regions like China, India, and the United States, is poised to drive significant growth in agricultural sprayer sales over the coming decade.

The evolution of modern agricultural techniques plays a pivotal role in shaping the trajectory of the agricultural sprayers industry. The advancement and widespread adoption of precision farming methodologies offer substantial benefits to agricultural entities, including production corporations, cooperatives, operators, and governmental bodies at local levels.

Furthermore, another crucial catalyst expected to propel the expansion of the global agricultural sprayers market is the escalating concerns surrounding food insecurity, stemming from the exponential growth in population coupled with a decline in arable land availability. As such, the imperative to enhance agricultural productivity and efficiency through the adoption of advanced spraying technologies becomes increasingly paramount, driving the demand for agricultural sprayers worldwide.

Recent Developments:

In September 2022, a groundbreaking innovation entered the agricultural landscape with the introduction of Herbicide GUSS, an autonomous herbicide orchard sprayer developed by GUSS Automation. Positioned as the first and sole autonomous sprayer of its kind, this revolutionary product offers farmers unprecedented convenience and safety. Available exclusively at select John Deere dealerships, the Herbicide GUSS is equipped with cutting-edge technology that enables remote monitoring via a laptop, effectively eliminating the need for direct exposure to any sprayed chemicals.

In a strategic move aimed at further advancing agricultural spraying technology, AGCO Corporation made a significant investment in December 2021. AGCO acquired a 2.9% equity stake in Greeneye Technology, a prominent leader in AI-driven spraying equipment headquartered in Israel. This partnership underscores AGCO’s commitment to embracing innovative solutions and leveraging the power of artificial intelligence to enhance spraying efficiency and precision in agriculture. Through this collaboration, AGCO aims to drive forward the development of state-of-the-art spraying equipment that offers unparalleled performance and sustainability in crop protection.

Key Companies:

  • AGCO Corporation
  • Bucher Industries AG
  • Buhler Industries Inc. (Rostselmash)
  • CNH Industrial N.V.
  • Deere and Company
  • EXEL Industries
  • Jacto Inc.
  • KUBOTA Corporation
  • Mahindra and Mahindra Limited
  • STIHL
  • Yamaha Motor Co., Ltd.
  • Crystal Crop Protection Limited
  • Househam Sprayers Limited
  • John Rhodes AS Limited
  • Boston Crop Sprayers Limited
  • Avison Sprayers
  • ASPEE India
  • Taizhou Sunny Crop Machinery Co., Ltd

Key Segmentations:

By Type:

  • Handheld
  • Self-Propelled
  • Tractor Mounted
  • Trailed
  • Aerial

By Farm Size:

  • Large
  • Medium
  • Small

By Nozzle Type:

  • Hydraulic
  • Gaseous
  • Centrifugal
  • Thermal

By Power Source:

  • Fuel Based
  • Electric and Battery Driven
  • Solar
  • Manual

By Capacity:

  • Ultra-Low Volume
  • Low Volume
  • High Volume

By Crop Type:

  • Cereals
  • Oilseeds
  • Fruits and Vegetables
  • Other Crop Types

By Usage:

  • Field Sprayers
  • Orchard Sprayers
  • Gardening Sprayers

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Russia and Belarus
  • Balkan and Baltics
  • Central Asia
  • South Asia Pacific
  • East Asia
  • Middle East and Africa

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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High-temperature Industrial Burner Market Surges to USD 2.36 billion by 2033, With a 3.9% CAGR

According to Future Market Insight, the global high-temperature industrial burner market is likely to reach USD 2.36 billion by 2033, registering a CAGR of 3.9%. This represents a remarkable surge compared to the projected value of USD 1.61 billion in 2023.

With the global industrial sector experiencing substantial growth, the demand for high-temperature industrial burners has soared. Industries such as petrochemicals, chemicals, metallurgy, glass, and ceramics rely heavily on high-temperature burners for critical applications like heating, melting, drying, and thermal processing.

Achieving energy efficiency is a paramount objective in today’s industrial landscape. High-temperature industrial burners play a vital role in this pursuit by offering precise heat control, reduced fuel consumption, and minimized heat losses. As sustainability becomes a primary concern, the adoption of high-temperature burners is becoming increasingly prevalent.

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Governments and regulatory bodies worldwide are imposing rigorous environmental regulations to tackle emissions and mitigate pollution. High-temperature industrial burners, equipped with advanced combustion technologies like low nitrogen oxide burners, facilitate compliance with emission standards. These burners also aid in reducing the environmental footprint of industries.

Electronics, aerospace, and automotive industries have witnessed a surge in demand for specialty materials like advanced ceramics and refractories. Manufacturing and processing these materials necessitate the precise and controlled heating provided by high-temperature industrial burners. These burners have become indispensable in meeting these requirements.

The oil and gas industry continues to expand. This drives the demand for high-temperature burners utilized in oil refining, petrochemical processing, and liquefied natural gas production. The exploration of new oil and gas fields and the expansion of existing facilities contribute significantly to the high-temperature industrial burner market growth.

Industries are increasingly embracing process intensification techniques to optimize productivity, reduce production time, and enhance efficiency. High-temperature burners play a crucial role in process intensification. They provide rapid and controlled heat transfer. This leads to improved process performance. Additionally, it results in substantial cost savings.

Escalating environmental concerns and stringent regulations have fostered a heightened focus on clean and sustainable technologies in industrial processes. Consequently, there is a strong demand for high-temperature burners that offer improved energy efficiency, reduced emissions, and lower fuel consumption.

Safety is a critical factor in high-temperature industrial processes. Burner manufacturers are prioritizing the development of burners that meet stringent safety standards and regulatory compliance. Incorporating features such as flame detection systems, integrated safety controls, and automatic shutdown mechanisms ensures safe operations and prevents accidents.

High-temperature industrial burners are complex systems that require significant investment for installation, maintenance, and operation. The initial capital expenditure involved in implementing these burners can be substantial. This makes it a deterrent for some industries, especially small and medium-sized enterprises with limited budgets.

Key Takeaways from the High-temperature Industrial Burner Market

  • The high-temperature industrial burner industry in the United Kingdom is anticipated to rise sizably, exhibiting a CAGR of 2.8% through 2033.
  • The United States held a 14.2% share of the global high-temperature industrial burner industry in 2022.
  • With a CAGR of 5% over the forecast period, India is predicted to develop rapidly in the high-temperature industrial burner industry.
  • In 2022, Japan had a 6% share of the high-temperature industrial burner industry globally.
  • China’s high-temperature industrial burner industry is expected to flourish speedily, registering a CAGR of 4.6% over the forecast period.
  • Germany accounted for 6.9% of the global high-temperature industrial burner industry in 2022.

Competitive Landscape in the High-temperature Industrial Burner Market

Key players are actively engaged in various strategies to maintain their competitive edge and cater to the evolving demands of industries. These strategies include product innovation and development to enhance burner efficiency, reduce emissions, and improve overall performance. Key players are also focusing on expanding their global presence by entering new markets through strategic partnerships, collaborations, and acquisitions. They are investing in research and development activities to introduce advanced technology burners and intelligent burner systems. Furthermore, key players are strengthening their customer support services and providing comprehensive solutions to address specific industrial requirements. Additionally, key players are investing in marketing and promotional activities to create awareness about their products and expand their customer base.

Recent Developments by Key Players

In October 2021, E&M Combustion unveiled a prototype hydrogen burner. This burner is specifically designed for district heating systems, capable of efficiently heating large areas and buildings. It has the capability to operate on pure hydrogen or a combination of hydrogen and natural gas.

In November 2020, Fives launched the Pillard NOVAFLAM® Evolution, their next-generation burner. This burner is available in both mono-channel and bi-channel versions specifically designed for rotary kilns. It offers unparalleled performance, setting it apart from other burners in the market.

Key Segments Covered in High-temperature Industrial Burner Market Analysis

By Burner Type:

  • Regenerative Burner
  • High-Velocity Burner
  • Impulse Burner
  • Radiant Burner
  • Customized (Burner Boiler)
  • Flat Flame Burner
  • Oxygen Burner
  • Sinter Burner
  • Low & Ultra-Low Nox Burner
  • Flameless Burner

By Burner Design:

  • Mono-block
    • Single-stage
    • Two-stage
  • Duo-block

By Rated Power:

  • 1 to 5 MW
  • 5 to 10 MW
  • 10 to 20 MW
  • 20 to 50 MW
  • 50 to 100 MW

By Application:

  • Boilers
  • Steam & Gas Turbine
  • HRSG (Heat Recovery Steam Generation)
  • Furnaces/Forges
  • Hot Air Generators
  • Incineration

By Fuel Type:

  • Gas Burner
  • Oil Burner
  • Dual Fuel Burner

By End-Use Industry:

  • Metallurgy
  • Power Generation
    • Thermal
    • CHP & CCHP
    • Bio Gas
  • Oil & Gas
  • Cement & Refractories
  • Chemical & Petro Chemical
  • Industrial Co-Generation Plant
  • District Heating
  • Pulp & Paper
  • Marine
  • Municipal Waste Incineration

By Region:

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

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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Global Aseptic Processing Market Share Anticipated to Drive Past USD 158,571 Million by 2033, Growing at an Average 6.7% CAGR

The aseptic processing market is positioned for substantial growth, aiming to reach a noteworthy valuation of USD 158,571 million by 2033. Commencing its ascent in 2023, the market is anticipated to achieve a significant milestone, surpassing USD 83,124 million. This notable expansion is supported by a robust Compound Annual Growth Rate (CAGR) of approximately 6.7% from 2023 to 2033.

Central to this narrative of success are aseptic processing facilities, pivotal in ensuring the quality and durability of a diverse range of products. These specialized facilities serve as guardians of impeccable hygiene and product integrity, meticulously crafted to maintain environments with the highest cleanliness standards. Within these controlled environments, air quality and equipment conditions are rigorously monitored to eradicate any potential sources of microbial contamination. The term ‘aseptic’ underscores an environment completely free from harmful microorganisms, reflecting an unwavering dedication to preserving product purity and safety.

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Global Aseptic Processing Market: Driving Forces and Growth Prospects

The global aseptic processing market is experiencing robust growth, driven by the expanding food and beverage sector’s demand for dairy products and ready-to-drink beverages worldwide.

Urbanization, increasing disposable income, and the rise of new economies are key factors contributing to the anticipated growth of the global aseptic processing market during the forecast period.

The pharmaceutical industry’s rapid growth, particularly in innovative biotechnology-based injectable pharmaceuticals, is creating opportunities for the aseptic processing hardware market. Technological advancements in sterile pharmaceutical production further boost the demand for aseptic processing equipment.

Competitive Landscape:

The aseptic processing industry is marked by strong competition among key players. In 2023, a select group of companies is expected to dominate aseptic processing sales, focusing on expanding their global customer base.

Strategic collaborations and acquisitions of aseptic processing startups are being pursued to enhance research and development capabilities and increase profits.

Key Players Profiled:

  • Schott AG
  • Robert Bosch GmbH
  • Du Pont De Nemours and Company
  • Tetra Laval International S.A
  • SPX FLOW, Inc.
  • IMA S.p.A
  • Mondi Group
  • SIG Combibloc Group AG
  • Amcor Limited
  • GEA Group
  • Elopak ASA
  • Greatview Aseptic Packaging Co.
  • JBT Corporation
  • Sealed Air Corporation

Recent Developments:

Tetra Pak partnered with worker platform provider Poka in October 2021 to empower factory workers with knowledge to accelerate waste reduction in the food production industry.

Saputo, Inc. acquired Carolina Aseptic and Carolina Dairy in September 2021 to meet the rising demand for aseptic dairy-based nutritional products.

Nestle collaborated with SIG in May 2020 to explore environmentally friendly packaging alternatives, aligning with Nestle’s commitment to reducing plastic waste. This initiative received funding from industry partners for sustainable packaging materials research.

Key Segments in the Aseptic Processing Market:

By Type:

  • Processing
  • Packaging

By Application:

  • Food & Beverages
  • Industrial

By Material:

  • Paper & Paperboard
  • Plastics
  • Metal
  • Glass

Region:

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

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Dental Compressors Market Set to Reach USD 529.12 Million by 2033 at a 3.4% of CAGR, Driven by Steady Growth

Global Dental Compressors Market
Global Dental Compressors Market

The global dental compressors market is experiencing significant growth, with a current valuation of USD 378.75 million in 2023. Projections indicate that this market is set to rise to USD 529.12 million by 2033, reflecting a compound annual growth rate (CAGR) of 3.4% throughout the forecast period.

Dental compressors are essential components in dental practices, providing the necessary compressed air for various dental procedures and equipment. As the demand for dental services continues to rise, so does the need for reliable and efficient dental compressors.

Key factors contributing to the market’s growth include an increasing awareness of oral health, advancements in dental technology, and the rising number of dental clinics worldwide. As dental professionals seek to enhance patient care and streamline their operations, the demand for high-quality dental compressors is expected to grow.

The market is also witnessing innovations in compressor technology, leading to more efficient, quieter, and energy-saving solutions. These advancements are further propelling the growth of the dental compressors market as practitioners aim to improve their service offerings and operational efficiency.

Following government measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.

The FMI’s report includes an interesting chapter on the preliminary impact of COVID-19 on the Global Dental Compressors Industry. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

Dental Compressors Market: Segmentation

Valuable information covered in the FMI’s Dental Compressors market report has been segregated into key segments and sub-segments.

Dental Compressors Market by Product:

  • Dental Oil-Free Compressors
  • Dental Lubricated Compressors

Dental Compressors Market by Technology:

  • Membrane-based Dental Compressors
  • Desiccant-based Dental Compressors

Dental Compressors Market by Application:

  • Dental Scalers
  • Dental Chair Valves
  • Dental Handpieces
  • Other Dental Compressor Applications

Dental Compressors Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Dental Compressors market. Competitive information detailed in the Dental Compressors market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Global Dental Compressors Industry report.

Key players covered in the report include:

Gnatus, Midmark Corporation, Air Techniques, Kaeser Dental, and Foshan Core Deep Medical.

Important Questions Answered in the Dental Compressors Market Report

  • Which end-user remains the top revenue contributor in different regional markets?
  • At what rate has the Global Dental Compressors Industry been expanding during the forecast period?
  • How will the Global Dental Compressors Industry look like by the end of the forecast period?
  • What innovative strategies are adopted by Dental Compressors market players to stay ahead of the pack?
  • What are the restraints affecting the growth of the Global Dental Compressors Market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis of growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment of the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis of each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with the necessary information to make critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Dental Compressors market

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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FMI Report Predicts Global Industrial PC Market Valuation to Exceed USD 9.4 Billion Mark by 2032, Driven by 6% CAGR Growth

The global industrial PC market has exhibited remarkable growth, achieving a commendable valuation of USD 5 billion in 2021. Projections for the period spanning from 2022 to 2032 forecast a robust Compound Annual Growth Rate (CAGR) of 6%, culminating in an anticipated valuation exceeding USD 9.4 billion. This upward trajectory is primarily driven by escalating demand across diverse sectors such as automotive, oil & gas, electronics, and pharmaceuticals.

Industrial PCs have evolved into indispensable tools within the industrial landscape, playing a pivotal role in critical functions. Serving as the backbone of automation, these versatile machines empower the control of entire systems, monitor vital parameters such as pressure and temperature, oversee machinery, and provide real-time information crucial to the production of manufactured goods. Their adaptability and rugged design position them as cornerstones in optimizing and advancing industrial operations. The impressive growth of the industrial PC market underscores the significant potential embedded in this dynamic industry.

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Industrial PCs have gained widespread acclaim and utilization over the years due to their ability to meet the exacting demands of industrial settings. They are renowned for their high-performance capabilities, long lifespan, and unwavering reliability. Furthermore, these PCs are engineered to thrive in the harshest industrial environments, demonstrating exceptional durability and resilience.

The global industrial PC market’s ascent reflects the ever-expanding scope of industrial automation and the relentless pursuit of efficiency, precision, and data-driven decision-making across industries. These industrial PCs are not just computing devices; they are integral components in the modernization and optimization of industrial processes, driving productivity and innovation in the global industrial landscape.

Industrial PCs’ operational efficiency is both an advantage and a hazard at the same time. It may offer security problems, but it makes it easier to scale up duties and integrate new features in one box, such as energy management, access control, condition monitoring, FSM, data transfer, and so on.

As a result, OEMs and end-users may be dubious about the overall capabilities, not just IPC models, which could impede the sales of industrial PCs. An industrial PC is a computing platform that is built to withstand harsh conditions such as temperature fluctuations, humidity, moisture, and aggressive dust.

Competitive Landscape:

For start-up enterprises, the industrial PC market offers reasonable prospects. These businesses can supply industrial PCs to the fast-growing energy, automotive, and oil and gas industries. The global study on the Industrial PC market states that the presence of established businesses with diverse product portfolios catering to many industries, on the other hand, enhances market competition.

For example, in September 2021, Rockwell Automation announced cooperation with Ansys, a Canonsburg and Pennsylvania-based American corporation. The company hoped to expand digital twin connectivity into industrial control systems with this relationship, allowing users to take advantage of industrial operations’ implementation, design, and performance.

Leading Companies Profiled in Industrial PC Market:

  • Beckhoff Automation,
  • IEI Integration Corporation,
  • Siemens,
  • B&R Automation,
  • Kontron S&T,
  • Avalue Technology,
  • DFI,
  • Nexcom International,
  • American Port well Technology, and others.

Key Segments Covered:

By Type:

  • Panel IPC
  • Rack Mount IPC
  • Box IPC
  • Embedded IPC
  • DIN Rail IPC

By Sales Channel:

  • Direct Sales
  • Indirect Sales

By End-use Industry:

  • Process Industries
  • Discrete Industries

By Region:

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

Access Report Details for More In-Depth Information:

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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FMI Study States Global Industrial Automation Market Share to Reach USD 81.4 Billion Valuation by 2033, Driven by 7.2% CAGR Growth

The global industrial automation market is poised for substantial growth, with projections indicating a valuation exceeding USD 81.4 billion by 2033, driven by a steadfast Compound Annual Growth Rate (CAGR) of 7.2%. Starting with an initial forecasted value of USD 40.6 billion in 2023, the market lays a strong foundation for ambitious expansion in the coming decade.

A significant driver behind this impressive growth trajectory is the unwavering commitment to safety within industrial automation practices. Manufacturers, businesses, and operators are increasingly prioritizing the development and deployment of cutting-edge safety measures to mitigate workplace incidents. This heightened emphasis not only safeguards the well-being of workers but also presents substantial market opportunities, as organizations recognize the inherent value in prioritizing the health and safety of their workforce. As the industrial automation landscape continues to evolve, the convergence of safety initiatives and robust growth strategies underscores its pivotal role in shaping the future of industrial operations.

Automotive Industry significantly drives the Market Growth:

Growing demand for industrial automation in the automation sector boosts the market growth. Several automakers maintain efficiency and accuracy to enhance the performance of machinery. Automotive is an essential sector that captures a significant global market share. The rising number of vehicles and advanced electric vehicles is increasing the adoption of industrial automation.

The innovation of robotic systems in automotive is expanding the market growth. The increasing demand for advanced skills, machine learning, and mechatronics drives market opportunities. Apart from it, the electronic industry is further expected to drive market growth.

Key Takeaways:

  • The industrial automation market is expected to have a valuation of USD 81.4 billion by 2033.
  • With a CAGR of 7.2%, the global market increasing from 2022 to 2033.
  • The United States industrial automation market is anticipated to record a CAGR of 7% through 2033.
  • With a CAGR of 6.3%, the United Kingdom market significantly uplifts during the forecast period.
  • The China market is expected to capture a CAGR of 6.6% over the forecast period.
  • Japan’s market is expected to record a CAGR of 5.7% from 2023 to 2033.

Competitive Landscape:

The prominent players play a significant share in the global market by innovating advanced devices. These players are adopting better technology and new marketing skills to upsurge the market opportunities. These players are adopting several marketing strategies to uplift the market, including mergers, acquisitions, partnerships, agreements, and collaborations.

Leading Players in the Market are:

  • Schneider Electric
  • Emerson Electric Co.
  • ABB
  • General Electric
  • Honeywell International
  • Mitsubishi Electric
  • FANUC
  • Rockwell Automation
  • Siemens
  • Yokogawa Electric

Recent Developments in the Industrial Automation Market are:

  • In January 2022, Fuji Electric announced its new plant system in Tokyo. The new plant expands its production level with an area of 13,030 meters.
  • In March 2020, Epson Robots announced its partnership with Air Automation Engineering to provide better technical services in the United States.
  • In March 2021, an American-based company- Suez, partnered with Schneider Electric to provide digital solutions in water cycle management.
  • In January 2021, Omron developed its new series robot named SCARA. The robot fastens the work with more efficiency. It is one of the lightweight and better-performance robot series.
  • In November 2020, Rockwell Automation announced its new asset management software version. It helps to update, recover and handle the work with automation devices.

Industrial Automation Market by Category:

By Deployment:

  • Industrial Robots
  • Machine Vision System
  • Process Analyzer
  • Field Instruments
  • Human Machine Interface
  • Industrial PC
  • Industrial Sensors
  • Industrial 3D Printing
  • Vibration Monitoring

By Component:

  • Supervisory Control and Data Acquisition
  • Programmable Logic Controller
  • Distributed Control System
  • Manufacturing Execution System
  • Industrial Safety
  • Plant Asset Management

By End-use Industry:

  • Oil & Gas, Chemicals
  • Pharmaceuticals & Medical Devices
  • Food & Beverages
  • Energy & Power
  • Automotive
  • Machine Manufacturing
  • Water & Wastewater Treatment
  • Electronics & Semiconductors
  • Metals & Mining
  • Others

By Region:

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

Access Report Details for More In-Depth Information:

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube