Electric Scooters Market Key Players, End User, Demand and Consumption by 2031

Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total US$ 8.8 Bn in 2021.

Growth forecasts remain positive for the market. While hindrances were likely amid COVID-19 induced restrictions, sales will recover at an impressive pace. FMI also forecasts the market to exhibit 5.5% year on year growth in 2021.

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Increasing government-backed subsidies and rising concerns regarding decarbonization will spur demand for electric scooters in the upcoming years. Rapid urbanization, coupled with growing population across the globe is fueling sales of electric scooters.

Growth prospects remains positive for upcoming years, with leading manufacturers launching hybrid and technologically advanced models of electric scooters, catering to rising consumer demand. As per FMI, the top players in the market will account for 55% of sales in 2021.

Increasing efforts to curb carbon emissions and to reduce high congestion in roads in developing countries such as the U.S. and the U.K. are boosting adoption of three-wheeled electric scooters. Convenience, stability and easy mobility offered by electric scooters is augmenting adoption in university campuses and neighborhoods increasingly.

Additionally, in emerging economies, growing preference for two-wheeler and three-wheeled electric scooters is gaining immense traction. Easy accessibility, low-costs and increased navigational abilities offered by electric scooters will keep demand for electric scooters afloat in countries including China, India and Mexico.

“Rising concerns pertaining to carbon emission and rapid urbanization will spur demand for electric scooters through the assessment period. Government initiatives to encourage the adoption of electric vehicles across the globe will emerge as chief driving factor,” says an FMI analyst.

Key Takeaways from Electric Scooters Market Analysis

  • Lithium-ion batteries will dominate the battery type segment throughout the forecast period.
  • Maxi electric scooter sales will witness high demand, owing to features such as stability and durability.
  • Based on technology, battery-equipped electric scooters will account for maximum sales in the market.
  • The U.S is anticipated to experience increasing demand for three-wheeled electric scooters in the upcoming years.
  • Sales outlook in the U.K. appears to be positive with increasing adoption in tourist mobility.
  • India will provide lucrative opportunities for market expansion to global players, owing to government subsidies prompting adoption of electric scooters.
  • Japan and South Korea will collectively account for 8.7% of the market share.

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Competitive Landscape

Alta Motors, Ather Energy, Bajaj Auto, BMW Motorrad International, Cezeta, Energica Motor Company, Evoke Motorcycles, Hero Eco, Johammer e-mobility GmbH, KTM AG, Mahindra GenZe, Ninebot Limited, Okinawa Autotech Pvt. Ltd., Piaggio & C. SpA, ReVolt Electric Motorbikes, Xiaomi, and Yamaha Motor Company Limited are among the top manufacturers of electric scooters, as profiled by FMI.

Top electric scooter manufactures are emphasizing research and development to incorporate technological advancements in electric scooters to establish themselves as prominent players in the market. Facility expansions and new vehicle launches will remain key strategies leveraged by manufacturers in the market. For instance:

  • In June 2021, Piaggio revealed technical specifications for its latest electric scooter known as ‘One’. The e-scooter will be launched in three variants, One, One+, and One Active, with a digital instrument panel and removable battery system.
  • In July 2021, Xiaomi launched new Ninebot C30 electric scooter in China for teenagers and young adults looking for affordable and light-weight vehicles for easy navigation in Chinese suburbs.

Electric scooters Market by Category

By Product Type:

  • Standard
  • Folding
  • Self-Balancing
  • Maxi
  • Three-Wheeled

By Battery Type:

  • Li-Ion
  • NiMH
  • Lead-Based

By Technology:

  • Plug-In
  • Battery

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

Key Points Covered in Electric Scooters Market Survey

  • Market estimates and forecast 2021-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Electric Scooters Market and how to Navigate
  • Recommendation on Key Winning Strategies

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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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Global Automatic Door Control Market Is Likely To Be Valued At US$ 24,267.4 Million In 2022

The global automatic door control market is likely to be valued at US$ 24,267.4 million in 2022 and is predicted to secure a moderate-paced CAGR of 7.8% during the forecast period. The market is expected to grow at a value of US$ 51,365.6 million by 2032 A historical CAGR of 4.6% has been recorded during the analysis by Future Market Insights.

A live body emits infrared energy which is sensed by the PIR sensor from a considerable distance. This sensed signal is transferred to a microcontroller which in turn operates the door motor. While the closure of the door is managed through a fixed time delay.

The automatic door control system is basically based on intention analysis and human detection. This is achieved with the assistance of a passive infrared sensor. Sensor based automatic door control technologies include ultrasonic/radio, infra-red and other wireless sensing methods.

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Global Automatic Door Control Market: Drivers

The key factor driving the global automatic door control market are high disposable incomes. Moreover, changing lifestyles of people also accounts for a major share in driving the global automatic door control market. Improvement and increase in construction activities and adoption of automation in most of the developed regions is another factor driving the growth of the market. Moreover, increased construction of malls, high technology airports, grand hotels and multiplexes have led to the growth of the global automatic door control market.

Regional analysis includes

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Automatic Door Control Market: Restraints

High initial costs is one major challenge pulling down the growth of the global automatic door control market. Moreover, heavy maintenance and repair costs and less demands of automation in small and emerging economies restricts the global automatic door control market to grow. Further, increased price of raw materials like metal and glass is another factor restricting the builders or owners to use such automatic doors thus challenging the overall growth of the global automatic door control market.

Global Automatic Door Control Market: Region Wise Outlook

North America and Western Europe are the biggest markets for automatic door control because of high tech developments in the regions. Developed regions like North America and Western Europe are mature markets in terms of automatic door controls. Asia Pacific is the fastest growing market followed by Middle East and Africa. Eastern Europe and Latin America are also showing positive growth in the global automatic door control market. Asia Pacific is expected to witness significant growth due to increasing development and automation in the developing economies like India and China.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved

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By Segmentation

The global automatic door control market can be segmented on the basis of geography, type, operating mechanism, technology and application. On the basis of geography, the global automatic door control market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa and Japan. On the basis of type, the global automatic door control market can be segmented into glass doors, metal doors, plastic doors and composite doors.

Key Players

Some of the major players in the global automatic door control market are GEZE Corporation, Door Controls Inc., Dorma, Automatic Door Controls Inc., Thomas Door and Windows.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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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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Automatic Capping Machines Is Projected To Grow At A CAGR Of 3.6% Between 2022 And 2032

The global automatic capping machine market size is expected to be valued at US$ 4,581.3 Million in 2022. Advancement of new technologies in the packaging and filling machines market, changing consumer lifestyles, in filling & capping equipment are some of the aspects that are anticipated to propel the market throughout the forecast period. The overall demand for automatic capping machines is projected to grow at a CAGR of 3.6% between 2022 and 2032, totaling around 6,525.1 Million by 2032.

The computerized capping device offers durable finish requirements, rust evidence, and perfectly completed packaging. The automated capping machine has a wide variety of applications in several industries. the automatic capping device saves the time manufacturers capping of the bottles of the product.

The automated capping device has a dual servo driven system manipulated for bottles capping capabilities to make sure that caps are properly tightened so that product meet pmeetsction whilst it’s far despatched to the marketplace for sales.

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The automatic capping machine saves the time manufacturers the capping of the bottles of the product. The automatic capping machine has dual servo driven system control for bottle capping functions to ensure that caps are properly tightened so that product meets perfection when it is sent to the market for sales

Global Automatic capping machine: Market Dynamics

The global automatic capping machine market is mainly driven by a rise in the food and beverage industry. An increase in demand for packaged foods leads to rising in the automatic capping machine market. The automatic machine capping has a wide range of applications in many industries further leading to the growth of the market.

The manufacturers of different industries use automatic capping machine which helps in reducing the time of packaging of capping for the products leading to a growth of the automatic capping machine market Moreover rise in disposable income, a rapid rate of urbanization, and adoption of different culture leads to rising in the automatic capping machine market.

Developing regions such as Asia-Pacific lead to a significant opportunity in the expected year owing to changes in the food and beverage industries and pharmaceutical industry.

Further, the capping is a usually difficult aspect of liquid packaging line due to several reasons including a range of sizes of cups and bottles; therefore automatic capping machine components become expensive in the specific type of capping machines which increases the capital cost of machinery leads to restraining the growth of automatic capping machine. Owing to the rise in the capital cost of machinery manufacturers prefer less automatic capping machines.

Global Automatic capping machine: Regional Outlook

Based on the geographic region, the global automatic capping machine market is segmented into seven regions including North America, Latin America, Japan, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, and the Middle East and Africa.

The North American region has a high CAGR in the automatic capping machine market owing to technological advancement and demand for packaged food and beverages followed by Europe, and Japan. Developing regions such as the Asia-Pacific region lead to an opportunity in the forecasted period owing to changes in the pharmaceutical and food and beverages industry which leads to a growth of the the automatic capping machine market in an anticipated year.

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Global Automatic capping machine: Key Players

Some prominent key players in the global automatic capping machine market are:

  • Busch Machinery, Inc.
  • Meena Pharma Equipments
  • APACS
  • E-PAK Machinery, Inc.
  • Crown Holdings Inc.
  • Krones Ag
  • Closure System International
  • Tecnocap Group
  • Federal Mfg. Co.
  • Carmelle Liquid Filling & Capping Solutions Limited
  • Accutek Packaging Equipment Companies, Inc.
  • Kulp Makine
  • AVS Pack-Tech
  • VeerKrupa Engineering

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

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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Clean Steam Separator Market Is Likely To Amass A Market Value Worth US$ 3,441.3 Million By The Forecast Period Of 2022-2032

The global clean steam separator market is likely to amass a market value worth US$ 3,441.3 Million by the end of the forecast period of 2022-2032. The market is projected at US$ 2,554 Million in 2022. The industry exhibited a compounded expansion rate of 2.8% in the timeframe of 2016-21. The growth of the market can be attributed to the growing demand for power across the globe, especially in developing regions, such as Asia Pacific.

In any type of industrial engine wet steam reduces thermal efficiency, further, it can also cause a hydraulic lock or erode internals. Thus, clean steam separators becomes an essential part of many industrial processes, where handling steam and moisture is unavoidable. A typical steam separator uses a tangential inlet and cyclonic action to instantly separate steam and condensate, however, simpler versions are also available.

Clean steam separators come across a variegated range of sizes, for different pressure ranges, for different applications. Demand for clean steam separator is directly proportional to growth of its end use industries. Due to gradually increasing growth rate among most end use industries, the global clean steam separators market is expected to expand with a moderate CAGR over the forecast period.

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Clean Steam Separators Market: Drivers & Restraints

The prime factor boosting the growth in the global Clean Steam Separators market is the rising demand for power across developing nations of Asia Pacific. As coal still remains the most dominant fuel for power generation, demand for steam separators will continue to rise. With reviving economies of US and Western Europe, the chemical and chemical processing industries of the region will also drive the demand for clean steam separators.

Furthermore, as regulation become stricter regarding industrial safety, clean steam separators are bound to witness untapped installation areas, where moisture can corrode other equipment. Reviving crude oil prices is also fuelling oil and gas companies to further invest in gas processing stations, which is also driving more demand for clean steam separators.

Clean Steam Separators Market: Regional Outlook

Geographically, Clean Steam Separators market has been categorized into seven key regions including North America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa. North America has been the global leader in generating demand for clean steam separators, amid, matured industrialization and its giant thermal power industry.

However, over the forecast period, the region’s clean steam separator market is expected to witness maturity levels, as focus on renewable energy rises. Contrary, Western Europe is already catering a mature clean steam separators market, but with reviving chemical and pharmaceutical industry of the region, demand for clean steam separators is anticipated to rise gradually over the forecast period.

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Asia Pacific Excluding Japan (APEJ) is expected to present the most impressive growth considering the demand for clean steam separators. China and India are anticipated to take the lead, amid, increasing demand for power in these countries. Also, as prominent chemical processing and oil & gas companies such as BASF, Dow, Shell, etc. initiates their processing facilities in the region, demand for clean steam separator shall witness a rise.

Japan is another prominent clean steam separators market and is expected to maintain its dominance throughout the forecast period. This can be attributed to a number of reasons such as Japan’s dominant chemical and rubber industry. Latin America and Eastern Europe are also rising markets in terms of demand for clean steam separators, particularly because of rising power demand in the region, and also reviving oil and gas industry.

Gas processing in Russia in one such sector which will attract high demand for clean steam separators. Middle East and Africa is also a prominent region in terms of growing demand for clean steam separators, as KSA plans to diversify its economy. Furthermore, the region has always been highly dependent on fossil fuels for its power consumption, which will continue to drive demand for clean steam separators.

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Clean Steam Separators Market: Key Players

Some of the key players identified in Global Clean Steam Separators market are:-

  • Eaton
  • Didion Separator
  • Colton Industries
  • Kelburn Separation Specialists
  • Cole Industries Inc.
  • Spirax-Sarco Engineering plc
  • Forbes Marshall
  • Kadant Inc.
  • Sesotec GmbH
  • Penn Separator Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

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Key Segments Profiles in the Global Clean Steam Separator Market

Clean Steam Separator Market by Type:

  • Cast Steel Clean Steam Separator
  • Stainless Steel Clean Steam Separator
  • Aluminum Clean Steam Separator
  • Bronze Clean Steam Separator
  • Other Clean Steam Separator

Clean Steam Separator Market by Structure Type:

  • Flanged Clean Steam Separator
  • Fabricated Clean Steam Separator
  • Flanged and Fabricated Clean Steam Separator
  • Others Clean Steam Separator Structure Types

Clean Steam Separator Market by End Use:

  • Clean Steam Separator for Utilities
  • Clean Steam Separator for Chemical Processing
  • Clean Steam Separator for Oil and Gas
  • Clean Steam Separator for Food and Beverage
  • Clean Steam Separator for Paper and Pulp
  • Clean Steam Separator for Pharmaceuticals
  • Clean Steam Separator for Other End Uses

Clean Steam Separator Market by Region:

  • North America Clean Steam Separator Market
  • Latin America Clean Steam Separator Market
  • Europe Clean Steam Separator Market
  • Asia Pacific Clean Steam Separator Market
  • Middle East and African Clean Steam Separator Market

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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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Global Aerial Work Platforms Market Value to Grow by Almost US$ 18,658.0 Million in 2032 | Future Market Insights, Inc.

As per a new report by FMI, the global aerial work platforms market size is anticipated to reach a valuation of US$ 18,658.0 Mn by 2032 and is set to exhibit growth at a CAGR of 6.3% during the forecast period from 2022 to 2032.

Aerial access devices, such as scissor lifts, are gaining immense popularity as infrastructural developments and regional economic expansions continue across the Middle East and Africa. Sales of aerial work platforms are growing due to the rising number of urban and rural infrastructure projects that are being undertaken to meet surging demand from the expanding population worldwide.

The manufacturing and general infrastructure sectors are exhibiting high demand for aerial work platforms globally. Various benefits of these platforms, including increased equipment protection are expected to drive their adoption among small and large construction enterprises, as well as maintenance agents and workers.

However, lack of experienced machine operators and high equipment acquisition prices may hamper demand for aerial work platforms in the next decade.

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Key Takeaways: Aerial Work Platforms Market

  • The global aerial work platforms market holds about 12% of the global crane market share.
  • From 2012 to 2021, the market for aerial work platforms exhibited 8% CAGR.
  • The U.S. held around 3% of the North America aerial work platforms market share in 2021.
  • China is expected to create an incremental opportunity of more than US$ 1.5 Bn in the coming decade.
  • By product type, the scissor lifts segment is estimated to account for more than 32% of the global aerial work platforms market share by 2032.

 “Increasing demand for rental aerial work platforms among construction companies to reduce initial purchasing and maintenance costs is expected to augment the global market,” says a Future Market Insights analyst.

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Competitive Landscape: Aerial Work Platforms Market

The aerial work platforms market is highly competitive and is dominated by various international and domestic companies offering competitively priced products. Key players are also focusing on product innovations to expand their geographic presence and strengthen their positions in the global market.

For instance,

  • In August 2022, Manitex International, Inc. started the delivery of nearly 200 oil & steel aerial work platforms to Enel, LLC. The equipment will be utilized for supporting the latter’s power-line maintenance fleet.

Get More Insights on Aerial Work Platforms Market:

According to FMI, the market research report offers an impartial analysis of the aerial work platform market which contains a global industry analysis for 2012–2021 and market forecasts for 2022–2032. The research report analyzes on global aerial work platform market through different categories. The global market analysis of the aerial work platform provides pricing information through various life cycle studies, product life cycle, key market developments, and innovations that are being introduced in the development of the aerial work platform and product acceptance in various end-use.

The global market was divided into various segments, including product type (boom lifts, scissor lifts, vertical mast lifts, and push around & spider lifts), fuel type (gas or diesel, electric, and hybrid), platform height (below 10 meters, 10 to 20 meters, 20 to 30 meters, and above 30 meters), sales channel (OEM and rental service providers), and end use (construction, mining, transportation & logistics, manufacturing, and aerospace & defense) across seven regions in the world.

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Aerial Work Platforms Market Outlook By Category

By Product Type:

  • Boom Lifts
    • Telescopic
    • Articulating
    • Trailer Mounted
    • Self-Propelled
  • Scissor Lifts
  • Vertical Mast Lift
    • Double Mast AWP
    • Single Mast AWP
  • Push Around and Spider Lifts

By Fuel Type:

  • Gas / Diesel
  • Electric
  • Hybrid

By Platform Working Height:

  • Below 10 Meters
  • 10 to 20 Meters
  • 20 to 30 Meters
  • Above 30 Meters

By Sales Channel:

  • OEM
  • Rental Service Providers

By End Use:

  • Construction
  • Mining
  • Transportation and Logistics
  • Manufacturing
  • Aerospace and Defence
  • Others

By Region:

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

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About the Industrial Automation Division at Future Market Insights

The industrial automation division of FMI offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery across the manufacturing sector and distinctive analysis of installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

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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Protein Degeneration Therapy Market Forecast by Application (Inflammatory, Neurology, Oncological, Respiratory)

Protein Degeneration Therapy Market Overview

Protein Degeneration Market appears to be taking a hike at a global level. protein degeneration therapy market is set to experience significant growth during the given forecast year 2021-2031.

Degeneration market is said to grow in the long run as there has been awareness amongst the individuals related to the protein degeneration benefits, has led the market to expand at a global level.  Therefore, the growth in protein degeneration therapy market will be expected at a high CAGR.

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Key Market Segments:

By Product Type:

  • Degronimids
  • Immuno-modulatory imide drugs(IMiDs,)
  • Selective androgen receptor degraders(SARD)
  • Selective estrogen receptor degraders(SERD)
  • Specific bromodomain and extra-terminal motif ( BET )
  • DUB inhibitors
  • PROTACs

 By Application:

  • Inflammatory
  • Neurology
  • Oncological
  • Respiratory
  • Others

By Route of Administration:

  • Oral
  • Intravenous
  •  Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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What is driving Demand for Protein Degeneration Therapy?

Researchers with their constant need of new innovation has made the market to grow heights in the coming future. Increase in the number of chronic diseases has been adding up where the market would be in a great demand. Pharmaceutical companies have initiated their participation in the drug development in the therapeutics need.

Innovation in the advanced technology seems to drive the market at global level. The people are being aware of the profitability of the method of protein degradation have lead in demand for the market to grow exponentially. Protein therapeutics are now the important sector in healthcare industry. Furthermore, as the population ages the diseases in the particular age group are said to increase in the number leading to drive the market at a certain rate.

Rising Research to augment the Market Growth

Protein degeneration is a pharmacological subject that deals with new drug development. Researchers are constantly digging themselves and engaging into bifunctional protein degradation and would be suitable to human to log into certain pathogens.

According to NCBI, as the technology is advancing in protein engineering, it has allowed the manufactures and the R&D to explore themselves in the market. Currently, there are various types of targeted protein degraders which have been or are being developed for the treatment of a variety of clinical conditions, including Alzheimer’s disease, breast cancer, acute myeloid leukemia, myelofibrosis, Parkinson’s disease, multiple myeloma,  prostate cancer, rheumatoid arthritis, psoriasis, and supranuclear palsy.

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Who are the Key Manufacturers Protein Degeneration Therapy Market?

  • Baxter International
  • F. Hoffmann-La Roche
  • AbbVie
  • Pfizer
  • Eli Lilly
  • Merck
  • Generex Biotechnology
  • Amgen
  • Novo Nordisk    Johnson & Johnson
  • Abbvie Inc.
  • Csl Behring L.L.C. (CSL Limited)
  • Johnson & Johnson
  • Biogen Inc.
  • Merck & Co. Inc

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Sales Of Smart Pumps Are Expected To Gain Traction At A 7.9% CAGR Over The Forecast Period 2022-2032, FMI

Global sales of smart pumps are set to be valued at over US$ 947.6 Mn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at a 7.9% CAGR over the forecast period of 2022 to 2032.

According to Future Market Insights, the market for intelligent pumps is primarily driven by strict energy-efficiency regulations in developed countries, high adoption of Industrial Internet of Things (IIoT), and the financial advantages of intelligent systems. Besides this, rising focus on smart water and wastewater systems, and increasing power generation capacities worldwide, are estimated to create opportunities in the smart pump market.

Manufacturers are focusing on increasing their sales in overseas markets, including developing markets, owing to factors such as the growing construction sector, strict energy-efficiency regulations in developed countries and rising awareness of water and waste treatment activities.

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Key players operating in the market are focused in launching innovative products through merger & acquisition activities which is proven as key win-win strategy amongst the manufacturers which is anticipated to contribute towards market growth in the years to come.

“Increasing application of smart pump in wastewater treatment plants, along with high demand for centrifugal smart pumps in smart cities will create opportunities for growth in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

  • On the basis of pump type, sales of centrifugal pumps will hold 60% of the total market share over the forecast period.
  • Based on end use, building automation and water & waste water segments will collectively account for a dominant share in the market in 2022.
  • Total sales in Germany will hold nearly 20% of the Europe market share in 2022.
  • China will account for 66% of the East Asia smart pump market share over the forecast period.
  • Demand for smart pumps in India will increase at a 9% CAGR over the assessment period.

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Competitive Landscape

The smart pump market is consolidated with key players accounting 70-75% of the global market share. These players are investing in new technology developments and expansion of their product portfolio in order to cater the increasing demand of smart pumps from various end use industries.

According to FMI Analysis, the top players in the market are Grundfos Holding A/S, ITT Corporation, XYLEM, Flowserve Corporation, Sulzer Ltd., and KSB Ltd are among others

Find More Valuable Insights

The research report analyzes demand for Smart Pump. The global Smart Pump market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of pump type, capacity, end user, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand factors.

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Smart Pump Market Segmentation by Category

Pump Type:

  • Centrifugal
  • Positive Displacement

Capacity:

  • UPTO 30
  • 30-90
  • 90-180
  • 180-360
  • Above 360

End-User:

  • Building Automation
  • Water & Waste Water
  • Oil & Gas
  • Chemicals
  • Power
  • Others

Region:

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

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About Future Market Insights – Industrial Automation

The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial and special purpose machinery across manufacturing sector and distinctive analysis about installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustain, grow and identify new revenue prospects.

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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Automotive Seat Heater Market Present Scenario and Growth Prospects 2028

Future Market Insights (FMI) has published a new research report on automotive seat heaters. The report has been titled, “Automotive Seat Heater Market: Global Industry Analysis 2017–2021 and Opportunity Assessment 2022–2028.” The report states that the growing inclination of consumers across the globe towards luxury and premium vehicles is expected to boost the demand for automotive seat heaters over the coming years. The market for seat heaters is substantially dominated by a limited number of manufacturers who primarily cater to demand from OEMs. On the flipside, the market is witnessing the presence of a large number small-scale manufacturers predominantly based out of the Asia Pacific, who supply their products to cater to the growing demands in the independent aftermarket.

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For instance, the Continental AG has a wide portfolio of products that find application in passenger cars, trucks and buses, agricultural vehicles, construction vehicles, marine solutions (engine monitoring, navigation and vessel information systems) and two wheelers. Similarly, other companies are also gearing up to expand their product portfolio. A few of the other companies operating in the global market include Panasonic Corporation, Gentherm Incorporated, Kongsberg Automotive, II-VI Incorporated, and I.G.Bauerhin GmbH, among others.

According to the report, the global automotive seat heater market is projected to witness a CAGR of 6.2% from 2022 to 2028. The market is expected to be worth US$ 922.6 Mn in 2022 and touch a valuation of US$ 1,678.9 Mn by the end of 2028.

High Use of Seat Heaters in Cold Regions to Lead to Rise in Demand

The temperature inside an automobile cabin can drop to subzero levels during cold winter and extremely cold environmental conditions. Under such punitive conditions, the driver inside the vehicle can experience localised cooling as the driver’s exposed body surface (15% to 20%) comes in contact with the seat base and back support. Moreover, the heating system within a vehicle tries to respond to the comfort level of the driver but only until a certain period of time. To overcome this problem, many automobile seats are incorporated with embedded heating pads to enhance the driver’s thermal comfort, particularly during the initial period of driving. The heat generated from seat heaters is transferred through the seat cover. This feature has generated keen interest in the development of efficient seat heating systems that guarantee a driver’s thermal comfort in cold winter conditions. As a result, the demand for automotive seat heaters is high in North America and Europe.

Another factor that is expected to have a major impact on the market is the growing adoption of hybrid and electric vehicles. The prevalence of many big electric vehicle manufacturers across the globe such as Volkswagen group, Honda Motor Co., Ltd., Nissan Motor Corporation Ltd., Mitsubishi Motors Corporation and Toyota Motor Corporation will help the growth of the electric vehicle segment. Moreover, increasing support from the government coupled with strict emission norms will also offshoot the demand for electric vehicles, which in turn, will upsurge the demand for automotive seat heaters.

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Automotive Seat Heater Market by Category

By Vehicle Type :

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Channel :

  • OEM
  • Aftermarket

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • Middle East and Africa (MEA)
  • China
  • India
  • Japan

Key Players

  • Gentherm Incorporated
  • Kongsberg Automotive
  • Continental AG
  • II-VI Incorporated
  • Panasonic Corporation
  • I.G. Bauerhin GmbH
  • Seat Comfort Systems, Inc.
  • Roadwire LLC
  • Firsten Automotive Electronics Co., Ltd.
  • Rostra Precision Controls, Inc.
  • Guangzhou Tachibana Electronic Co., Ltd.
  • SINOMAS
  • Changchun SET Electronics Co., Ltd

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Seasonal Requirement of Automotive Seat Heaters to Stand in the Way of Market Expansion

Seat heaters are provided as a seasonal feature and are generally required for automobiles in winter. When the temperature is low, seat heaters play an important role in providing a certain level of comfort to the driver, but are of no use in other seasons. Therefore, the application of seat heaters in regions such as MEA and Asia Pacific where the temperature does not dip so low during winter is limited, which is expected to hamper the growth of the seat heaters market.

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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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Orthopaedic Imaging Equipment Market Analysis by Type, Application, Growth, Demand, Status, and Forecast 2031

According to a recent study by Future Market Insights (FMI), the global orthopedic imaging equipment market is expected reach US$ 9.8 Bn in 2021. Sales are expected to increase at a CAGR of around 4.0% over the forecast period (2021-2031).

Orthopedic imaging equipment is the medical imaging equipment used for bone scanning, implants scanning and is utilized for diagnosis purposes. Different imaging technologies such as X-rays, MRI, ultrasound, EOS and nuclear imaging are included in orthopedic imaging equipment.

Rising prevalence of orthopedic diseases and bone injuries, technological advancement in orthopedic imaging equipment devices, and rise in research and development activities by key manufacturers are factors driving the orthopedic imaging equipment market.

Numerous medical imaging modalities are currently enabling three-dimensional (3D) visualization with accuracy, and rapid diagnoses. Advancements in 3D imaging have led to development in computer-assisted detection (CAD) and image analysis applications. This is expected to boost the market for modality, primarily in tomographic imaging techniques.

Moreover, surgeons are using 3D imaging to plan surgeries, which has led to increased application of these systems. This is expected to increase the utilization of imaging equipment, especially across the U.S. and the U.K.

Consequently, these devices are also gaining high traction in Asia such as China and India due to growing demand for better health care infrastructure. Improving healthcare infrastructure and technological developments in these countries will increase the demand for 3D medical imaging equipment.

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Key Takeaways from Orthopedic Imaging Equipment Study

  • In terms of product type, the X-ray systems is expected to account for 28.0%, expanding at a CAGR of 3.3% during the forecasted period.
  • By indication, the acute injuries segment will contribute over 56.6% of sales in the global orthopedic imaging equipment market.
  • Hospitals and radiology centers will, collectively, account for 68.2% of the market share in 2021.
  • With the advancements in technologies as well as the increasing geriatric population, North America held the largest share of over 30.5% in 2021.
  • India and China are expected to lead the growth of South and East Asia in the global orthopedic imaging equipment market.

“Growing geriatric population, increasing incidence of bone fractures and orthopaedic illness, and increasing need for 3D medical imaging technology are expected to fuel the demand for orthopedic imaging equipment over the forthcoming decade,” says the FMI Analyst

Who is winning?

The key market players covered by FMI include General Electric Healthcare Limited, Siemens AG, Esaote SPA, Hitachi Ltd, Koninklijke Philips N.V, PLANMED OY, EOS imaging, Canon Medical Systems Corporation, Carestream Health and Neusoft Corporation.

Some of the leading manufacturers of the orthopedic imaging equipment market are focusing on the development of advanced and cost-effective products establishing distribution agreements, collaborations and partnerships strategies for global expansion objectives, thereby, enhancing their market presence.

  • In September 2021, GE Healthcare acquired BK Medical for $1.45Bn to expand its $3bn ultrasound business from diagnostics to surgical and therapeutic interventions.
  • In April 2016, Hitachi Ltd Company integrated Hitachi Medical Corporation and Hitachi Aloka medical into Hitachi Ltd to strengthen its manufacturing operations and to develop low-cost medical devices.

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Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global Orthopedic Imaging Equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on orthopedic imaging equipment segment based on Product (X-Ray System, CT-Scanner, MRI System, EOS Imaging Systems, Ultrasound, Nuclear Imaging Systems), Indication (Acute injuries {Sports injuries, Trauma cases}, Chronic Disorders { Osteoarthritis, Osteoporosis, Prolapsed Disc, Degenerative joint diseases} and Others), and End User (Hospitals, Radiology Centers, Emergency Care Facility, Ambulatory Surgical Center) across seven major regions.

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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.

Contact:

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Portable Ultrasound Bladder Scanner Market Trends, Demand Growth Revenue Analysis Report to 2028

The global Portable Ultrasound Bladder Scanner Market was valued at US$ 126.3 Mn in 2021 and is expected to reach US$ 191.7 Mn by 2028. As per the findings of a new Future Market Insights (FMI) report, the global portable ultrasound bladder scanner market will thrive on the back of rising adoption of non-invasive diagnostic procedures in urology imaging.

Advancements in ultrasound bladder scanner reduce the chance of catheter-associated urinary tract infection (CAUTI), reduce the time for operating procedures with no sonographer required, thus driving the growth of the portable ultrasound bladder scanner market during the forecast period. Distribution channels are well established for portable ultrasound bladder scanner due to increase in demand from end users such as hospitals, diagnostic centers, clinics and ambulatory surgical enters.

The key players in portable ultrasound bladder scanner market are C. R. Bard, Inc., Verathon Inc., SRS MEDICAL SYSTEMS INC, Laborie Medical Technologies Inc., Echo Son SA, Signostics Inc., dBMEDx Inc., Sonostar Technologies Co., Limited, Caresono Technology Co., Ltd, and GE Healthcare Inc.

Key Takeaways – Portable Ultrasound Bladder Scanner Market Study

  • The market share of 3D portable ultrasound bladder scanner devices is evaluated to grow at a significant rate by the end of 2028, as it provides high-end accuracy for measuring bladder volumes during urodynamics, thus surpassing the market of 2D portable ultrasound bladder scanner.
  • Sales of portable ultrasound bladder scanner are envisaged to be higher in the region of North America. The rising prevalence of urological diseases among women and increasing adoption of portable ultrasound bladder scanner for diagnosis application are few factors contributing to the growth of the portable ultrasound bladder scanner market in the region.
  • Portable US bladder scanners can be moved and carried to any location as and when required, due to its compact structure. One of the primary factors driving the portable bladder ultrasound scanner market is the accuracy and easy to use in both adults and children.

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Technological advancements and well-established distribution network will accelerate the growth of portable ultrasound bladder scanner market in the following years. Furthermore, deeper penetration of internet and rapid E-commerce expansion will significantly support the growth of portable ultrasound bladder scanner sales.

Portable Ultrasound Bladder Scanners Replacing Unnecessary Catheterization

Portable ultrasound bladder scanner has reduced the need for unnecessary catheterization, which also helps in the prevention of patients’ dignity and discomfort. Patients suffering from urological disorders opt for cardio portable ultrasound bladder scanner due to its less complex nature as compared to other diagnostic solutions. It also reduces the risk of catheter-associated urinary tract infection.

Such promising attributes facilitates the use of advanced portable ultrasound bladder scanners in hospitals, clinics, ambulatory surgical centers and others. Thus, enhanced patient care and addressing clinical challenges worldwide are expected to enhance demand for portable ultrasound bladder scanner during the forecast period.

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The portable ultrasound bladder scanner market, a new study from Future Market Insights, opines on the evolution of the portable ultrasound bladder scanner market from 2014 – 2021 and presents demand projections from 2022 – 2029 on the basis of product type (3D portable ultrasound bladder scanner, and 2D portable ultrasound bladder scanner), and end user (hospitals, diagnostic centers, clinics, and ambulatory surgical centers) in seven prominent regions.

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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:

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

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