Skin Traction Kits Market Analysis, Size, Share, Opportunities and Forecast To 2028 |Future Market Insights

Skin traction kits is used for various orthopedics. Skin traction is one of the two basic types of traction used for the treatment of fractured bones or dislocation of the body parts. It is applied at the damaged part to immobilize them to prevent further tissue damage.

It also helps to relieve muscle spasms or to reduce deformities such as arthritis. It works by applying bandages, splints, tapes, sponge rubbers or canvas material to the skin surrounding the damaged body structure. Once the material has been applied the weights are put into the skin traction. The amount of weight applied is limited to the tolerance of the skin. Traction should be applied in the desired direction and magnitude for effective results.

Nowadays, non-adhesive skin traction kits are mainly used to avoid the risk of skin irritation and they also provides maximum patient comfort. The non-adhesive type of skin tractions are useful for sensitive or delicate skin and for infants. The Latex-free skin traction kits are also available in the market for the allergic people. Low allergy adhesive skin traction kits are effective for long term treatment.

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Skin Traction Kits Market: Drivers & Restraints

Increase prevalence of bone-related injuries and other muscle injuries is the driving factor of skin traction kits in the overall forecast period. Rise in geriatric population and increasing the incidence of arthritis and other back pains are the second most driving factors of skin traction kits market. Cheaper cost than other medical procedures also increases the market size of skin traction kits.

Longer recovery time and other more advanced surgical techniques have restrained the growth of skin traction kits market in the forecast period. Moreover, lack of awareness among the people and untrained professionals in the low resource regions also delayed the growth of skin traction kits market.

Skin Traction Kits Market: Overview

As the number of work-related accidents and increasing prevalence of arthritis, the market of skin traction kits is in great boom. They are ready to use and are available in different sizes. The non-adhesive skin tractions hold the largest market share in Skin Traction Kits market due to higher adoption among users as they do not cause skin irritations.

The new adhesive skin traction kits are also available in the market provides maximum adhesion, made up of acrylic with less allergy related complications. The skin traction kits are available for short as well as long treatment. They can also be useful to relieve back pain and to correct mild deformities. Tractions are useful for various conditions. It provides pain relief in the earlier stages of the treatment.

Skin Traction Kits Market: Regional Outlook

Skin traction market is segmented on the basis of eight regions into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan and China (APECJ), China, Japan and Middle East & Africa (MEA). North America is dominating the market of skin traction kits due to rise in geriatric population and awareness among the people.

This is followed by Europe due to better healthcare facilities and high adoption among the users. Asia-Pacific is expecting to grow at the higher rate in the skin traction kits market due to rise in work-related accidents and increase the incidence of bone-related injuries. The Middle East and Africa is showing the sluggish growth of skin traction kits market due to poor health care facilities and lack of awareness among the patients.

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Skin Traction Kits Market: Key players

Some of the leading players operating in the skin traction market are: BSN medical GmbH, Mölnlycke Health Care AB, GPC Medical Ltd, Relief Orthotics, BioCare Group Limited and others.

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 market segments such as geographies, application, and industry.

Regional analysis includes

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

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Anaesthesia Conduction Kits Market Key Developments, Research Methodology and Top Player Forecast Overview till 2028

Anesthesia Conduction Kits is a device which is used to administer to patient conduction, local and regional anesthesia. Conduction Anesthesia in which anesthetic solution is injected in nerves to prevent nerve transmission which include nerve block and field block, spinal and  epidural anesthesia.

Conduction anesthesia in which there is loss of sensation, produced by injecting local anesthesia along the course of a nerve or nerves to prevent the conduction of impulses to and from the area supplied by that nerve or nerves.

Anesthesia conduction kits primarily include needles, syringes and catheter. Conduction anesthesia involves the introduction of drugs which block the nerve supply to the specific part of the body.

Regional anesthesia is achieved by using local anesthesia drugs which block nerve conduction. Anesthesia conduction is given during the surgical procedure which reduce regional blood flow by single injection with catheter to allow intermittent boluses or continuous infusion.

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Anesthesia Conduction Kits: Market Dynamics

Increased in number of surgeries across the globe, development of new anesthetic and sedative drugs, reduction in cost of new invested drugs and decreased recovery time after surgery are the major factor which drive the market of anesthesia conduction kits market globally.

Further increase incidence of old age population and rising number of emergency surgeries globally in public and private sector boost the market of anesthesia conduction kits market. Moreover, government support and increase research and development in drug development and increase in healthcare expenditure provide opportunity for anesthesia conduction kits market.

Side effects and low adoption rate of anesthesia conduction in under developed and developing countries and lack of skilled physicians in low or middle income countries hinder the growth of anesthesia conduction kits market.

Anaesthesia Conduction Kits: Overview

Rapid advancement in the anesthesia industry and development of new drugs, rapid urbanization upsurge of number of surgeries, growth in ageing population majorly drive the overall anesthesia conduction kits market.

Improvement in healthcare industry owing to increasing number of medical professionals and growing awareness and use of anesthesia drug in different types of surgeries propel the growth of anesthesia conduction kits market. Hospital accounts for the largest revenue share owing to more number of use of anesthesia conduction kits in surgeries such as cardiovascular, spinal.

Anaesthesia Conduction Kits: Region-wise Outlook

On the basis of geography, global anesthesia conduction kits is segmented into seven key regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa.

North America is projected to hold largest shares in the global anesthesia conduction kits due to growing number of emergency and general surgeries, increasing cardiovascular and respiratory disease and rising ageing population. Advancement in development of new anesthesia drugs are prime factor which drive the market of anesthesia conduction kits.

Europe is anticipated to be the second in the revenues share. Asia Pacific region is anticipated to be the fastest growing region in anesthesia conduction kits market owing to increase in investment in the research and development in the drug development and government initiative towards the improvement of healthcare expenditure.

Latin America and Middle East & Africa is expected to show slow growth owing to lack of killed anesthetists to administer the drugswith anesthesia conduction kits in near future.

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Anaesthesia Conduction Kits: Key Players

Some of the key players present in global anaesthesia conduction kits are B. Braun Medical Inc., Epimed International, Smiths Medical, BK Ultrasound, Teleflex Incorporated, Guangdong Baihe Medical Technology Co., Ltd, Bionic Medizintechnik GmbH, Koninklijke Philips N.V, Biomedical Srl and others.

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 market segments such as geographies, application, and industry.

Regional analysis includes

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

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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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Ultrasonic Diathermy Market Forecast 2028 | Size, Share, Growth & Forecast |Future Market Insights

Ultrasonic diathermy products or therapies produce high frequency sound waves that travel deep into the tissues and create gentle therapeutic heat.

The machine produces heat within the body tissues for the treatment of pains, joint contractures and muscle spasms and to heal deep inflammatory diseases. However, it cannot be used for the treatment of malignancies.

It is a non-invasive and drug free treatment which is effectively used to treat joint pains and muscle pains. Mechanical waves produced by ultrasonic diathermy enhance the circulation of tendons, ligaments and muscles.

Moreover, the mechanical waves produced enhance the transportation of fluids by compression and rarefaction forces. The ultrasonic diathermy machine acts on the tissues, improves the cellular environment and increases the kinetics in tissues as nutrients are transported and waste is removed.

Ultrasound Diathermy machines are effectively and harmlessly used to provide relief against pain and reduce stiffness.

The machine facilitates penetration of ointments into the skin, which improves the circulation and healing process. The technique has gained quick acceptance as a user-friendly technique owing to the growing patient pool across the globe.

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In addition to the fact that these machines grant higher efficiency to the whole process due to their advanced technological aspects, they are also portable and easy to carry.

Owing to all of these factors, the Ultrasonic Diathermy Market is expected to witness fast growth during the forecast period.

Factor Driving the Ultrasonic Diathermy Market

The global Ultrasonic Diathermy market is expected to be driven by advancements in technology. Key drivers in the market are increasing cases of joint pains, muscle spasms, arthritis, back pain and osteoporosis, among people. According to a report by CDC (Center of Disease Control and Prevention), between 2013 and 2015, an estimated 54.4 million US adults (22.7%) were suffering from arthritis.

With growing demand and expanding patient pool, the healthcare expenditure is increasing to improve hospital infrastructure, which is one of the major factors expected to drive the ultrasonic diathermy market.

The Ultrasound diathermy machines are small and compact and can be carried anywhere and can work as standalone systems and portable devices as well. They are used in many clinical segments, as they are non-invasive in nature, lack ionizing radiation and can soothe and relax spasm and pain.

However, these devices cannot be used if the patient has any implanted medical device, malignancy or healing fractures.

Regional Market Outlook

North America followed by Europe are the dominant regions in the global ultrasonic diathermy market mainly due to the fact that end users are becoming more open towards such non-invasive devices. In North America, the U.S. is the dominating country in the Ultrasonic Diathermy Market due to the high penetration of technologically advanced products.

Economic conditions in the APAC as well as the growing geriatric population in the region are set to drive the ultrasonic diathermy market. APAC is the fast-growing region due to rising awareness among people. Latin America is also expected to grow at a considerably high CAGR due to rising healthcare expenditure to enhance patient compliance.

Growth in Middle East and Africa is considerably less when compared to the other regions. However, North America would maintain its position in the ultrasonic diathermy market and emerging economies, such India, China and Brazil, are expected to witness high growth in the Ultrasonic Diathermy Market.

Examples of some of the major key players operating across the value chain of the Ultrasonic Diathermy market are Johari Digital Healthcare LTD, Ibramed, Globus Italian Excellence, BTL., Zimmer MedizinSysteme GmbH, Johari Digital Healthcare, DJO LCC, ZetrOZ, Inc. and ASTAR.

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Ultrasonic Diathermy Market: Overview

The Ultrasonic Diathermy market is consolidated with very few players operating in the global space. Growing geriatric population and increasing number of patients suffering from arthritis combined with improved technology are some of the factors expected to create high demand in the Ultrasonic Diathermy market. The treatment effectively treats joint pains and muscle pains by enhancing the circulation of muscles tendons and ligaments.

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

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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Lightning Arrester Market Is Likely To Surge At A Vigorous 6.5% CAGR During 2022 – 2032

The market for lightning arresters market is anticipated to grow at a 6.5% CAGR from 2022 to 2032, reaching a valuation of US$ 1,466.7 Mn. For any building, lightning arresters are a crucial safety measure. Between 2022 and 2032, the global lightning arrester market will experience growth due to increased emphasis on electrical equipment safety in homes as well as other applications like infrastructure and power plants.

Regionally, lightning strikes are common in North America, which has been a major contributor to an increase in the region’s electrical equipment damage. Therefore, it is anticipated that the market for lightning arresters in North America will expand at a CAGR of 5.8% during the forecast period.

According to Future Market Insights (FMI), over the forecast period of 2022–2032, the lightning arrester market is expected to grow at a CAGR of 6.5% to reach a valuation of US$ 1,466.7 Mn by the end of 2032.

During the projection period, growing focus on electrical equipment safety in the home, as well as other applications like infrastructure, power plants, and others, will play a key role in boosting the lightning arrester market.

Stringent regulatory environment coupled with rising power demand of skyscraper have led to a increased in lightning arrester sales. A lightning arrester is a device that is installed on the electrical system of a building to protect it from damage caused by lightning.

The arrestor dissipates the energy of the lightning strike, preventing it from entering the building and causing a fire or electrical shock.

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Rising electricity demand, combined with growing focus on boosting renewable energy installed capacity, is driving utilities to invest in electricity transmission and distribution networks.

Owing to which the lighting arrester market is anticipated to gain momentum, as lighting arresters are used as protective equipment in electrical systems.

Countries such as the U.S., China, India, Indonesia, Malaysia, etc. are prone to lightning strikes. Further, according to a study from the National Lightning Safety Institute, there has been a significant increase in lightning-related incidents over the past decade, with more than $2 billion in property damage reported each year.

While traditional lightning rods are still the most prevalent kind of protection, lightning arresters are becoming a more popular option since they can protect a larger area for a lower cost.

Key Takeaways from Market Study

  • By rating type, above 110 KV sales are expected to remain dominant during the forecast period and will account for more than 40% by 2032.
  • By product type, the valve type lightning arrester segment is anticipated to grow with a CAGR of 7.7% through the forecast period.
  • By end Use, the power Industry segment is projected to lead the lightning arrester market and is further anticipated to create an absolute dollar opportunity worth US$ 145.9 Mn by 2032.
  • In terms of region, lightning arrester sales in South Asia & Pacific are estimated to increase at a CAGR of 7.2%.

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“Increasing lighting strokes incidents coupled with growing awareness regarding electrical equipment safety will boost the sales of lightning arresters in the forecast period.” says a Future Market Insights analyst.

Lightning Arrester Market Competitive Landscape

Among the industry’s key players are Eaton, ABB, Hubbell, GE Grid, Schneider Electric SE, TE Connectivity, Toshiba, and others

The lighting arreter market is moderately consolidated, with leading players accounting for more than 40% of the market share. These players are likely to invest in new technology developments, expansion of their distribution networks, and tie-ups with prominent end-users to maintain their market presence.

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product innovation & Diversification

4.3. Marketing and Brand management

4.4. Supply Chain Management

5. Global Lightning Arrester Market Demand Analysis 2017-2021 and Forecast, 2022-2032

5.1. Historical Market Volume (Units) Analysis, 2017-2021

5.2. Current and Future Market Volume (Units) Projections, 2022-2032

5.3. Y-o-Y Growth Trend Analysis

TOC continued..!

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The research report analyses the market demand trend for the lightning arrester. The global market is based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the lightning arrester market report is studied and analyzed in the following segments such as by rating type, product type, end-use & regions. The lightning arrester market report gives us qualitative and quantitative information about the companies.

About FMI – Automotive and Transportation

About FMI – Industrial AutomationThe industrial Automation division of FMI 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 Future Market Insights (FMI)

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

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Surge Arrester Market is expected to top a valuation of US$ 2.6 Bn by 2032, at a CAGR of 5.0% from 2022-2032 – Future Market Insights, Inc.

The surge arrester market saw Y-o-Y growth of 4.1% to reach US$ 1.5 Bn in 2021. Sales of surge arresters are anticipated to grow at a CAGR of 5.0% and surpass US$ 2.6 Bn by 2032.

Globally rising energy demand, rapid industrialization, and improved urban infrastructure are all factors that contribute to growth. The demand for surge arresters is also anticipated to increase over the next few years as investments in smart cities rise.

Sales of surge arresters are anticipated to increase during the forecast period due to significant developments in the electrical sector. Surge arrester installation is becoming a more crucial component of the electrical infrastructure.

These devices shield electrical equipment from voltage surges, which can compromise safety and result in energy waste. Due to safety regulations, surge arresters are frequently required, and their installation can reduce losses in the event of a power outage. The market for surge arresters is thought to make up about 1% of the total electrical equipment market worldwide.

The global surge arrester market is anticipated to reach a value of US$2.6 Bn in 2032, growing at a CAGR of 5.0% during the assessment period of 2022-2032. Elevated demand for energy all over the world coupled with growing industrialization, improving urban infrastructure and rising investment in smart cities will boost market growth for surge arresters.

Rapid development of the electrical sector and rising importance of surge arrester installation as a part of electrical infrastructure contribute to the market expansion of surge arresters. These devices protect equipment from voltage surges. Voltage surges generally lead to safety issues and cause energy losses. Safety regulations put emphasis on the installation of surge arresters which bodes well for the market.

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Since surge arresters provide protection to electrical lines and equipment from surges, they are crucial for transmission and distribution networks. Increasing investments in transmission and distribution networks is a substantial growth opportunity for surge arrester market.

“Surge arrester manufacturers are focusing on reducing surge arrester costs; benefiting the end-user and presumably augmenting the sales of surge arresters in the global market over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • Investments in grid modernization to boost market possibilities.
  • China, Japan, India, Germany, and the U.S. are expected to account for substantial market share.
  • The U.S. surge arrester market is expected to reach US$ 240 Mn in 2022.
  • Rising vehicle electrification will bolster surge arrester market in China.
  • Germany is set to account for 19.7% of Europe surge arrester market.
  • Demand for polymeric surge arrester will dominate the market for the forecast period.
  • Station class surge arresters will account for 33.1% of market share.

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Hitachi ABB Power Grids, Siemens Energy, General Electric (GE), Eaton, Hubbell, TE Connectivity, Toshiba are some of the major players in the surge arrester market that are profiled in the full version of the report.

Major organizations in the market are investing in novel and advanced material technologies that will aid in the production of high quality surge arresters. Market players are also generating long-term relationships with OEMs and with manufacturers in India and European countries.

More Insights into the Surge Arrester Market Report

In its latest report, FMI offers an unbiased analysis of the global surge arrester market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type (polymeric, porcelain), end use (utilities, industrial, transmission, transportation), application (AIS, GIS, others), voltage (medium, high, very high), class (secondary, distribution, intermediate, station) and region.

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Surge Arrester Market Regional Analysis

According to FMI reports, the U.S. surge arrester market will reach a value of around US$240 Mn in 2022. Elevated electric usage and high load on transmission lines causes wear and tear of these lines. These factors will lead to market growth of surge arresters. Rising need for electricity in cities all over the U.S. along with the need to protect power lines from natural calamities will contribute to the surge arrester market.

Increasing vehicle electrification coupled with rising demand for electrification from industrial and residential sectors is driving the market growth for surge arresters in China. This regional market is expected to surpass US$0.18 Bn over the forecast period. Furthermore, electrification initiatives undertaken by the government is going to bolster this regional market.

Germany is predicted to be the fastest-growing surge arrester market in Europe. Accounting for almost 19.7% of Europe surge arrester market, the market growth in Germany is driven by growing electricity demands as well as increasing investments in electricity transmission and distribution networks, and other electrification projects

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Surge Arrester Market Segmentation Analysis

By product type, polymeric surge arrester segmentation will account for around 70.5% of the total surge arrester market share over the forecast period. Lighter weight, superior performance in polluted environments and capacity to handle high energy promote the market growth of this segment.

Based on class, the station sector surge arresters will retain their popularity. Accounting for 33.1% of the surge arrester market share by 2032, superior overvoltage protection property will drive the market expansion for this segment.

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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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Mining Hoses Market Registering Is Projected To Reach US$ 749.3 Mn By The End Of 2032-FMI

The market for mining hoses market is forecast to grow at a consistent CAGR of 6.7% between 2022 and 2032. The market for mining hoses is anticipated to increase from US$ 390.6 million in 2022 to US$ 749.3 million in 2032. The market had previously grown at a faster CAGR of 7.2% (2015–2021), reaching a value of US$ 364.0 Mn in 2021.

In order to support ongoing economic growth and large-scale projects utilising cutting-edge technologies, construction operations are likely to expand quickly.

It is anticipated that increased production of different metals (such as gold, copper, and iron) supplying a variety of end industries will propel the growth of the global mining hose market. The demand for mining hoses increases as the construction industry expands, which is strongly.

Increased production of various minerals such as copper, gold, and iron, including some product manufacturing companies implementing mining programs, are driving the mining hoses market.

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The booming construction sector as developing countries like India and China build and reform their infrastructure to support consistent economic development along with building and repairing highways is also flourishing the growth of the mining hoses market in new markets.

Cost-effective and environmentally friendly construction techniques are integrating with modern construction practices, including transportation and building, which are driving the market’s growth and expanding its market size worldwide.

Increased production of minerals and mineral-based products like mineral powders in emerging economies like India and China are opening up new market spaces for the mining hoses market, enhancing the sales of mining hoses solutions.

The use of hoses is an integral part of most equipment in mines, along with surface operations, industrial hoses, and shops, fuelling the sales of mining hoses in multiple regions.

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KEY TAKEAWAYS:

  • The slurry segment from the mining hoses market’s transporting media category is expected to grow at the fastest CAGR of 6.3% in the service type category, helping it to reach US$ 110.1 Mn.
  • The synthetic rubber segment is expected to grow at a strong CAGR of 7.19% in the component category of the mining hoses market. USA, Canada, Japan, China, and Europe hold a 6% CAGR that is estimated for the slurry segment of transporting media category.
  • United States is expected to reach a market size of US$ 83.2 million in mining hoses by 2032.
  • The market size of the mining hoses market in China is expected to reach US$ 152.3 Million by 2032, growing at a CAGR of 9.1% during the research period.
  • Canada’s mining hoses market is expected to thrive at a CAGR of 5.3% over the forecast period.
  • Japan’s mining hoses market is expected to flourish at a CAGR of 3.2% during the research period (2022-2032).
  • While Germany within Europe grows slowly at a CAGR of 3.7% between 2022 and 2032.

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COMPETITIVE LANDSCAPE:

Some of the mining hoses market’s key competitors profiled in the research are AlfaGomma SpA, Continental Group, Eaton Corporation PLC, Weir Group PLC, Trelleborg AB, Goodall, Metso Corporation, TESS International, and Novaflex Inc.

Mining hoses are in higher demand as the construction industry grows, which is strongly reliant on industrial minerals. Market growth is likely to be fueled by the rapid expansion of construction activities to support continuing economic development and large-scale projects.

Adoption of mining hoses is high on a global scale, as their use in a variety of applications, such as mineral extraction and mining, is likely to increase demand even more throughout the projection period. Building blocks for human development are provided by the mining sector.

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Recent Developments

  • Continental Group has introduced its new series of material handling, dredge & mining hoses, increasing the sales of mining hoses.
  • Eaton Corporation PLC has launched and upgraded its new set of hoses, tubing, connectors, and fittings. This pushes the sales of mining hoses worldwide.
  • Metso Corporation has launched its Slurry hoses that have a high standard of quality and safety, fuelling the sales of mining hoses worldwide.
  • Weir Group PLC has launched its series of hose and pipe spools that are robust & reliable rubber hose products, pushing the overall demand for mining hoses.
  • Trelleborg AB has launched and designed new and better hoses with high manufacturing quality for specific industries. This pushes the demand for mining hoses in new markets.

The mining hoses market is segmented into Transportation media, material, and region.

According to FMI, by transporting media, the worldwide mining hoses market is segmented into three categories: industrial water/alkali, bulk powder, and slurry. The slurry category currently has the highest CAGR of 6.3% in the mining hose market.

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Mycoplasma Plate Antigens Market Size to Hit USD 880 Million by 2032, Detailed Forecast Report

Mycoplasma Plate Antigens Market Overview:

The global mycoplasma plate antigens market was valued at US$ 465 Million in 2021, and is projected to reflect a y-o-y growth rate of 6.5% in 2022 to reach US$ 495.35 Million in 2022. The market is expected to exhibit a CAGR of nearly 6%from 2022-2032, reaching US$ 880 Million by the end of the said forecast period.

Mycoplasma plate antigens are used to detect antibodies against the etiologic agent of mycoplasma strains that cause chronic respiratory disease in chickens and infectious sinusitis in turkeys. Nasal discharge, coughing, airsacculitis, and respiratory rales are some of the most common symptoms of the disease.

Early detection of these diseases using commercially available mycoplasma plate antigens, kits, and reagents can help to avoid other negative consequences such as reduced feed conversion and egg production. As a result, it can help to mitigate the severe economic losses suffered by broiler and turkey production companies. The development of safe and effective vaccines directed against mycoplasma antigens is the best solution for controlling this disease.

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Key Segments Covered in the Mycoplasma Plate Antigens Market Report

Product Type:

  • Plate Agglutination Mycoplasma Plater Antigen Test Products
    • Mycoplasma Plate Antigens
    • Mycoplasma Plate Antigens- Control Serum
    • Plate Antigens-Negative Control Serum
  • Confirmatory Mycoplasma Plate Antigens Testing Reagents
    • Mycoplasma Whole Organism
    • Mycoplasma Antiserum
    • Negative Serum

Application Type:

  • Mycoplasma Plate Antigens for Drug Development
  • Mycoplasma Plate Antigens for Infection Medicine
  • Mycoplasma Plate Antigens for Veterinary Research
  • Mycoplasma Plate Antigens for Other Applications

End User Type:

  • Mycoplasma Plate Antigens for Veterinary Hospitals
  • Mycoplasma Plate Antigens for Poultry Veterinary Clinics
  • Mycoplasma Plate Antigens for Academic and Research Institutes
  • Mycoplasma Plate Antigens for Pharma and Biotech Companies

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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Key Market Players:

Some of the key players present in global mycoplasma plate antigens market include –

  • Charles River
  • Prospec-Tany Technogene Lt
  • Abnova Corporation
  • Qiagen N.V
  • MyBiosource, Inc.
  • Others

Which are Some Prominent Drivers Spearheading Mycoplasma plate antigens Market Growth?

Mycoplasma infection can occur in humans and other animals, usually as a result of close contact with infected poultry. In humans, these infections are associated with mild respiratory disease and can cause mild to severe illness. As a result, diagnosing mycoplasma plate antigens has become a common practice.

Many biochemical and physiological properties of some reagents and chemicals are usually insufficient for strain identification and classification based on the order mycoplasmatales. As a result, the serological properties of mycoplasma plate antigens are widely used for such purposes.

In comparison to other available reagents, these mycoplasma plate antigens provide more accurate quantification of antibodies against mycoplasma. These serological reactions are successfully used to identify antibodies against mycoplasma; however, research is still being conducted to determine the various cell components responsible for these reactions.

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How is North America Contributing to the Growth of the Mycoplasma plate antigens Market?

Geographically, the global Mycoplasma Plate Antigens market is divided into the following key regions: North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa. In the forecasted period, North America is expected to account for one of the largest shares of the global mycoplasma plate antigens market. Increased drug development, infection medicine, veterinary research, and other cell-based studies are among the drivers for the region of North America.

Why is Asia-Pacific Emerging as an Opportunistic Mycoplasma plate antigens Market?

China and India are expected to grow at a steady rate in the Asian mycoplasma plate antigens market over the forecast period. Factors such as a significant increase in import reforms for medical and life science products, as well as the presence of local manufacturers with R&D facilities in the region, are expected to drive the growth of the Mycoplasma Plate Antigens market in the region. Among other countries in the region, Japan, which has established R&D in medical devices as well as developed healthcare infrastructure, will contribute to the country’s market growth for mycoplasma plate antigens.

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Digital Pump Market Is Expected To Reach US Dollars 20.5 Billion In 2032-FMI

Between 2022 and 2032, the digital pump market is projected to grow at an astounding CAGR of 6.1%. From US$ 11.3 Billion in 2022, the digital pump market is projected to grow to US$ 20.5 Billion in 2032.

Digital pumps have applications in building, water treatment facilities, boiler control systems, and automation, which save money and energy and are a key driver of market growth.

Strict energy-efficiency regulations, advancing technology, the creation of smart cities, rising demand for building automation, and expanding power generation capacity globally are all anticipated to propel market expansion during the forecast period.

There are some factors that are acting as obstacles, and are hindering the growth of the Digital Pump Market during the forecast period.

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The high initial cost of the smart pump is one of the major factors that hinders the growth of the Digital Pump Market. As intelligent pumping solutions have higher acquisition costs versus standard pumping equipment, it challenges providers to prove the cost-value ratio of their products to end users, thereby restraining the growth of the market.

In addition, the smart pumps provide better pumping solutions for the mining & metal industries due to less human intervention and more efficient characteristics. Therefore, its downturn has hampered the market growth.

According to a recent study done by FMI, the Digital Pump Market is expected to reach US$ 20.5 Billion by 2032, up from US$ 11.3 Billion in 2022, expanding at a high CAGR of 6.1%. This study explains that factors such as the strict energy-efficiency standards, growing technological advancements, development of smart cities, growing demand for building automation and increasing power generation capacity globally are expected to fuel the market growth during the forecast period.

The major factor that is expected to propel the growth of the digital pump market during the forecast period includes the rising demand for these pumps, owing to their offerings such as fluid flow control features.

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Moreover, government economic stimulus packages as well as tax credits that are targeting infrastructure projects, including water & wastewater and energy efficiency projects, are also expected to widen the scope of the digital pumps market.

In addition, these pumps save energy and cost and have applications in building, water treatment plants, boiler control systems, and automation. This is another major factor accelerating the market growth. Some other factors including strict energy-efficiency standards in developed nation, growth in Industrial Internet of Things (IIoT)

Economic benefits of intelligent systems, focus on smart water & wastewater systems, increasing power generation capacities across the globe, and significant investments in non-oil & gas sectors in the Middle East and North Africa (MENA) are the expected to further augment the growth of the digital pump market over the analysis period.

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Key Takeaways from the Market Study

  • Global Digital Pump Market was valued at US$ 11.3 Billion by 2022-end
  • The US to account for the highest value share of US$ 5.5 Bn of global market demand for Digital Pump Market in 2032
  • From 2015 to 2021, Digital Pump demand expanded at a CAGR of 6.7%
  • By connectivity, the conventional pump controller constitutes the bulk of digital pump market with a CAGR of 4.9%.

“Digital pumps save energy and cost and have applications in building, water treatment plants, boiler control systems, and automation, which is an essential factor propelling the market growth,” remarks an FMI analyst.

Competitive Landscape

Players in the global Digital Pump Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

  • In August 2021, Regal Beloit Corporation, one of the global leaders in the manufacturing and engineering of power transmission solutions, declared the recent addition of its new Century VGreen Evo pool pump motor to its product portfolio. Operated by advanced variable speed technology, the VGreen Evo pump motor is one of the most energy-efficient pool pump motors available in the market.
  • In March 2020, Framo and Aker BP declared a smart pump maintenance contract for seawater lift pumps based on Norwegian Continental Shelf. With an extension of six years, the six-year-long contract is a continuation of a pilot contract initiated by pump supplier Framo, production company Aker BP, and industrial AI Software as a Service (SaaS) in 2018.

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Know More About What the Digital Pump Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Digital Pump Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Digital Pump Market, the market is segmented on the basis of connectivity, distribution channel, and industry across five major regions.

About Industrial Automation Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned industrial team at FMI helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over thousand reports and 1 million-plus data points, the team has analyzed the industrial domain across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.

About Future Market Insights (FMI)

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

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EMC Shielding And Test Equipment Market Is Topping A Valuation Of US$ 7.1 Bn By 2022

The market for EMC shielding and test equipment  market is anticipated to grow consistently between 2022 and 2032 at a rate of 4.5%. Market analysts expect the EMC shielding and test equipment market to increase from US$ 7.1 billion in 2022 to US$ 11 billion in 2032. Prior to this, the market experienced a CAGR of 5.1%, which resulted in a market size of US$ 6.7 Bn in 2021.

The market share is growing as more automotive sectors adopt EMC shielding and test equipment to test the full performance of their vehicles.

The demand for consumer electronics is growing, electromagnetic pollution is increasing, and field trials and pilot testing to demonstrate the viability of new technologies are all contributing to a booming market for EMC shielding and test equipment.

According to Future Market Insights (FMI), the EMC shielding and test equipment market is forecasted to reach a net worth of US$ 11 Bn in 2032 from US$ 7.1 Bn in 2022. It is estimated to register a robust CAGR of 4.5% over the forecast years.

Due to the surge in the use of consumer communication devices, there has been a rise in frequency wave interferences all across the world, known as electromagnetic pollution. To get rid of such unwanted disruptions over the devices connected to broadband networks, EMC shielding applications are utilized in highly sensitive workplaces.

The high cost incurred due to electromagnetic interferences is also one of the major reasons for the higher applications of different EMC shielding types in the present time. To check the level of interference of electromagnetic waves present in any location for providing proper management of devices, EMC testing equipment has emerged as an affordable option in the present market.

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With the introduction of the fourth industrial revolution, almost all activities in industrial setups are getting rapidly digitized with the deployment of computers and smart devices.

For the proper functioning of such devices, the necessity of EMC shielding materials has increased manyfold in the recent past. The industrialization of developing economies is predicted to drive the global EMC shielding and test equipment market share in the coming decade.

Leading Companies Profiled in EMC Shielding and Test Equipment Market are:

  • PARKER-HANNIFIN
  • PPG INDUSTRIES
  • HENKEL
  • LAIRD PERFORMANCE MATERIALS
  • RTP COMPANY

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“Growth of the consumer electronics sector in China and Japan have turned them into an attractive market for EMC shielding solutions. The global EMC shielding and test equipment market is expected to proliferate with the establishment of new product manufacturers and service providers in the Asia Pacific Region.”

However, the provision of EMC shielding types at various locations incurs a very high cost of installation and operation. This can be a major factor hampering the wider adoption of EMC shielding and test equipment in various areas with good opportunities.

Key Takeaways

  • The global EMC shielding market is poised to experience an absolute growth of US$ 3.9 Bn between the years 2022 to 2032. The present value of the global EMC shielding and test equipment market is estimated to be around US$ 7.1 Bn, with a predicted growth rate of 4.5%.
  • The EMC shielding type dominates over the EMC testing equipment segment in terms of revenue generated globally. This segment is anticipated to witness a CAGR of 4.4% during the forecast period.
  • Among the various end-use verticals of the EMC shielding and test equipment market, the consumer electronics segment is the top contributing category to the growth of the global market. The growth rate analyzed for this segment is around 3.9% for the forecasted years.
  • United States (US) is the leading country in the use of EMC shielding techniques, with a dominant market share valued at US$ 2.4 Bn in 2021. The CAGR recorded for the American EMC shielding and test equipment market is nearly 4%, as per the market analysis report.

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Key Segments

By Type:

  • EMC Shielding
  • EMC Type

By Vertical:

  • Consumer Electronics
  • Telecom & IT
  • Automotive, Healthcare
  • Aerospace, Others

By Application:

  • Consumer Appliances and Electronics
  • Automotive
  • Military and Aerospace
  • IT and Telecommunication
  • Medical
  • Railways
  • Renewable Energy
  • Industrial

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Competitive Landscape

The major players operating in the global EMC shielding and test equipment market include Parke-Hannifin, PPG Industries, Henkel, Laird Performance Materials, RTP Company, Schaffner, Teseq, and EM Test.

  • The Alpha Coating Technologies of the US was acquired by PPG Industries in March 2020. Alpha Coating is famous for its powder coatings with heat-sensitive substrates, particularly useful for light industrial applications.
  • New 400W P1dB models were added by Teseq to its CBA D-series amplifiers in November 2019, ranging from 1 GHz to 6GHz. This new addition is expected to augment the company profile for RF EMC immunity testing in many verticals.
  • An electromagnetic interference (EMI) receiver named N9048B was launched by Keysight Technologies in October 2019. The innovative t3chnology used in this new product complies with standard MIL-STD-461C and FCC part 15 testing requirements.

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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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Rig And Oilfield Mats Market Research, Segmentation, Key Players Analysis and Forecast to 2031

Future Market Insights has recently published a new market research study and brief analysis on the rig and oilfield mats market that provides global industry analysis for 2016-2020 and opportunity assessment for 2021-2031. The report investigates the rig and oilfield mats market and provides noteworthy perceptions for the forecast period of 2021-2031.

The rig and oilfield mats market is projected to grow at a CAGR of over 5% throughout the forecast period. Gains remain primarily driven by upsurge in crude oil prices, which has created significant growth in oil and gas activities and subsequently generated high demand for rig and oilfield mats.

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As per the analysis, the rig and oilfield mats market is projected to show substantial growth throughout the forecast period owing to heavy demand from the oil and gas industry, which in turn, pushes the demand for rig and oilfield mats.

Rising Oil and Gas E&P in North America to Promote the Market Growth

The go-slow methodology in the oil & gas industry has consequently caused a drop in exploration and drilling activities, due to which, the mandate for rig and oilfield mats has also taken a huge hit. However, current excessive exploration and production in North America has significantly driven the demand for rig and oilfield mats and thus, has positively impacted the market growth. Recently, it has been noted that, the oil & gas industry is making sufficient efforts to assist repossession from the aforementioned slowdown.

Aging Infrastructure & New Projects Boost Demand

Aging infrastructure will drive the sales of rig and oilfield mats during the forecast period. In addition to that, the targeted customer base during the forecast period will be utility companies, EPC firms, pipeline operators, and inspection and construction service companies. Greenfield and brownfield projects in these industries will drive the sales of rig and oilfield mats. The life of composite mats is longer, and this will be a prominent factor creating opportunities for the deployment of such product types in new operations.

North America Market to Remain Significant in Terms of Value Share

North America is likely to experience substantial growth in the rig and oilfield mats market, owing to factors such as rapid escalation of crude and oil production in the U.S. and Canada. Moreover, heavy investments in oil and gas, R&D, electrical T&D, construction and maintenance, wind farm infrastructure, and initiation of production facilities in the region are likely to help the rig and oilfield mats market gain impetus over the forecast period.

Furthermore, increasing number of onshore projects in the U.S., China, Russia, Canada, Mexico, India, Indonesia, and Australia will offer opportunities for installation and deployment of rig and oilfield mats.

Companies are investing more in onshore than in offshore, and they are looking for operational efficiency along with ROI, which will drive the deployment of rig and oilfield mats.

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Soaring Mat Renting Business to Hamper the Market Growth

Oil and gas operators prefer renting mats as crude oil prices have hit the business negatively. This has resulted in growing preference for renting over actually purchasing. These mats with rent and buy back options have negatively impacted the sales of new rig and oilfield mats in the global market. Moreover, the renting and services business has been booming. This factor may hamper the growth of the rig and oilfield market in the coming years.

Rig and Oilfield Mats Market: Vendor Insights

The report profiles few of the key market players, who have renowned themselves as inclusive influencers in the rig and oilfield mats market. Some of the key players in the market are Horizon North Logistics Inc., Strad Energy Services Ltd, Newpark Resources Inc., Signature Systems Group, LLC, Checkers Safety Group, Bridgewell Resources, Spartan Mat, Access Terrain Services, MaXXiMaT, Quality Mat Company, and others.

Tier-1 and tier-2 players are focusing on joint ventures, mergers & acquisitions with local and regional market players, and bringing up advances and innovations in rig and oilfield mats to gain healthy traction and competitive edge over their rivals.

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About Future Market Insights (FMI)

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

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