Global Chopper Pumps Market Players Targeting Municipal Applications to Drive Growth: Future Market Insights

The sales of chopper pumps enjoying Y-o-Y growth of 4.5% in 2022, the market is expected to reach US$ 818.4 Mn by the end of the year. Going forward, the global chopper pumps market is anticipated to reach a valuation of US$ 1.21 Bn by 2030, expanding at a CAGR of 5% (2022-2030).

Chopper pumps accounted for 26% share of the global centrifugal pumps market in 2020. Chopper pump demand is increasing due to its increasing use in sewage and wastewater treatment applications.

The surging popularity of chopper pumps is ascribed to their growing applications in wastewater treatment across municipal as well as industrial settings. As the demand for clean and potable water is rising in the wake of rapid urbanization, adoption of efficient pumps is on the rise.

A major advantage of chopper pumps is that it helps overcome the problem of clogging, a common impediment across water treatment plants. It does so by breaking down heavy solids to enable smooth passage.

Incorporation of variable frequency drives (VFDs) has proven to be an important catalyst for the rapid adoption of chopper pumps. Equipped to adjust flow or pressure to the actual demand, end-users can achieve immense cost savings while using VFDs. VFDs also enable end-users to invest less in wet well size, allowing for space saving.

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Chopper pumps are also utilized in manure slurries to generate organic fertilizers which can be used for various agricultural applications. Due to the coronavirus pandemic, however, manufacturers are witnessing shrinking revenue pools attributed to supply chain disruptions due to factory shutdowns.

The near-term impact on the chopper pumps market shall depend on effective supply chain management and fiscal measures for continued liquidity of small and medium enterprises. As the pandemic recedes, growth shall resurface eventually generating enhanced revenue prospects.

“Manufacturers are shoring up their distribution and retailing capabilities through multi-pronged branding strategies. Offerings which are largely integrated with accessories, additional products and after-sales service programs is providing room for significant cost-savings by important stakeholders,” infers an FMI analyst.

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Key Takeaways from the Global Chopper Pumps Market Study

  • In terms of outlet diameter, the 100-150 mm segment is the most sought after, accounting for 2/5th of the global chopper pumps market share
  • Sewage and wastewater treatment will account for 70% of chopper pumps applications throughout the forecast period
  • Boosting torque and drive efficiencies are the key focus areas for chopper pump manufacturers, with a view to enhance output efficiency
  • Asia-Pacific is slated to promise lucrative prospects for deeper penetration of chopper pumps in the regional setting

Global Chopper Pumps Market- Key Trends

  • As pumping solutions leave behind a significant environmental footprint, manufacturers are investigating possibilities of designing ‘green’ pumps and ‘green’ systems. Regional players are therefore seeking to establish common protocols and a single market landscape to achieve this.
  • The advent of smart water pumps is accelerating investments by leading manufacturers in technological advancements in the form of IoT and big data, heightening revenue prospects for chopper pumps
  • Vertically configured chopper pumps are acquiring immense popularity due to their ergonomic design
  • Continuous innovation in pumping solutions have significantly pushed up manufacturing costs, compelling market players to develop dynamic business models.

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Global Chopper Pumps Market- Region-wise Analysis

  • Europe is the leading market for chopper pumps and shall account for 1/4th of the global market by 2030. The presence of a multitude of small and medium enterprises is accelerating chopper pumps production in the region
  • Mushrooming agricultural, industrial and food processing landscape across the US and the UK is increasing the uptake of chopper pumps in these markets, providing ground for future expansion
  • Asia-Pacific is set to emerge as the most profitable region. 70% of chopper pump demand is generated in China due to the proliferation of the paper and pulp industry

Global Chopper Pumps Market- Competitive Landscape

The chopper pumps market is fragmented in nature. Some prominent market players in this landscape are Sulzer Ltd., Vaughan, Landia A/S, Cornell Pump Co., Xylem Inc. and Eddy Pump. These players comprise a quarter of the overall market share.

The abovementioned players concentrate on reducing maintenance costs and capital expenditure along with product innovation to consolidate their position in the market. An example of this is the manufacturing of a long shaft biogas chopper pump by DPS Ltd. to be installed at its biogas plants in Ireland. The pump is intended to convert cow slurry into useful agricultural products.

Vaughan Co, a prominent U.S-based pumps supplier, has registered over 20 patents for its range of innovative products. The company has supplied chopper pumps to McCain Foods in order to help them clean up the bean waste which regularly clogged their systems.

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Know More About the Chopper Pumps Market:

A new market research report published by Future Market Insights (FMI) on the global Chopper Pumps Market report provides in-depth insights into the market demand trends and assessment of opportunities during the forecast period. The report analyses the Chopper Pumps Market through four different segments- product type, outlet diameter, application, and region.

The Chopper Pumps market report also offers detailed analysis of pricing analysis by different product type and demand across end-use industry.

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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Power Tool Gears Market Is Likely To Surge At A Vigorous 5.1% CAGR During The Forecast Period 2022 – 2030

In 2022, the market for power tool gears is anticipated to reach US$5.63 billion. Power tool usage is rising for woodworking and metal fabrication tasks across the building and construction industry, which is promoting market expansion.

According to Future Market Insights (FMI), the demand for power tool gears is anticipated to reach US$ 8.38 billion by 2030, growing at a steady 5.1% CAGR over the course of the forecast period.

However, in the long run, the requirement of new and advanced power tools amongst woodworking personnel and metal fabricators will push the growth of the power tool gears market through 2030.

Due to the global health emergency caused by the outbreak of COVID-19, and subsequent lockdowns in numerous countries around the world, there is sense of economic instability across the globe, which is anticipated to limit market growth to an extensive level.

Post pandemic, the power tools gears market is set to witness decent growth, on the back of increasing requirement of faster woodworking and metalworking operations to meet the rising demand for wooden and metal fabricated products in the market.

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Key Takeaways of Power Tool Gears Market Study

  • Increasing adoption of automation, better productivity, and easier and accurate operations are vital points propelling the demand and usage of power tools, which is subsequently fueling the growth of the power tool gears market.
  • Power tools can be used for hard materials, which are otherwise strong and difficult to work on with mechanical tools. Also, lack of skilled workforce and wage issues are other driving factors for the increment of the power tool gears market.
  • Use of spur gears and worm or spiral gears is anticipated to increase over the forecast period.
  • The professional end user type segment is likely to retain its dominance in the market due to the requirement of more gear sets. High adoption of power tools for professional purposes is also driving the segment.
  • By application, grinding machines are anticipated to progress at a swift pace over the forecast period, with increasing use of sanders and polishers in the market.

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“To improve profit margins by increasing production rates and reducing operating costs, effective reduction in workforce is required. As such, many end-use companies are anticipated to increase the usage of power tools over the slated course of time. However, due to the spread of the novel coronavirus, which is nearly shutting down many prominent economies, growth of the power tool gears market will be hindered in the immediate future.”

Power Tool Gears Market: Competitive Landscape

The report provides thorough study on the competition landscape of the power tool gears market, and new strategies and development activities adopted by established market players and new entrants.

The global power tool gears market is decently fragmented, with various manufacturers offering identical products. Some of the key manufactures in the global power tool gears market are Porite Group, hGears, Zhejiang Oliver manufacturing Gear Co. Ltd, and Zhejiang Fore Intelligent Technology Co., Ltd. among others.

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Prominent market players are investing heavily in research and development activities to manufacture new, strong, and durable products, to improve the quality and assurance of their products, so as to increase their acceptance in the market

Find More Valuable Insights on Power Tool Gears Market

FMI, in its new market research study, offers an unbiased analysis of the power tool gears market, which comprises global industry analysis of 2015-2021 and opportunity assessment for 2022-2030. The report offers complete analysis on the global power tool gears market through four different categories – end user, gear type, application, and region.

The global power tool gears market study provides information of pricing by different life cycle analysis, product life cycles, key market trends, and technologies that are being implemented in the production of power tool gears, besides product adoption in varied end-use industries.

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Power Tool Gears Market by Category

By Gear Type:

  • Bevel Gears
  • Spiral Gears
  • Spur Gears
  • Helical Gears
  • Hypoid Gears

By Application:

  • Grinding Machines
  • Drills
  • Hammers
  • Saws
  • DC Cordless Screw Drivers

By End User:

  • Professional
  • DIY (Consumer)

By Region:

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

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.

Contact:

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Orthopedic Trauma Devices Market is projected to rise at 6.9% CAGR through 2028

Primarily driven by increasing instances of fractures due to road accidents and sports related injuries, the global market for orthopedic trauma devices is anticipated to expand at a promising CAGR of 6.9% over the next decade. By the end of 2028, the orthopedic trauma devices market is estimated to attain the global revenues beyond US$ 14 Bn.

As per the research presented in a recently published report by Future Market Insights, titled “Orthopedic Trauma Devices Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment, 2022 – 2028,” the market will also continue to be driven by impactful presence of some of the local players within respective regional markets.

“While the advent of 3D printing technology is likely to present the market a heap of new growth opportunities in 3D printed orthopedic implants, another significant opportunities lies in the popularly trending reverse shoulder arthroplasty. The rise of digital orthopedics will continue to fuel market growth through to 2028,” states a research analyst at Future Market Insights.

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Based on the regional analysis, the global orthopedic trauma devices market will continue to witness dominance of North America, which currently accounts for a major portion of the total revenues. With around 48% value share observed in 2021, North America’s orthopedic trauma devices market is estimated to attain a value in excess of US$ 6 Bn by the end of 2028.

Western Europe is also identified to be a key market, holding the second largest position in terms of value. Manufacturers will however discover attractive opportunities in developing economies, including Asia Pacific, Latin America, and Middle East and Africa. Among the emerging regional markets, Asia Pacific excluding China and Japan (APECJ) is likely to emerge at a relatively higher pace, followed by MEA.

China is expected to be the most lucrative market owing to the highest estimated CAGR value over 2022-2028. Strong presence of key companies will reportedly uplift the markets in North America and China.

A majority of the key companies operating in the global orthopedic trauma market are opting for strategic mergers and acquisitions, in addition to new product launches. According to the report, most of the revenue is contributed by the tier 1 companies, followed by the tier 3 players. The tier 1 includes DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., and Smith & Nephew Plc., which collectively represent nearly 70% share of the total market revenues. Among these, DePuy and Stryker will continue to remain the top players worldwide over the next decade. Tier 3 accounts for a relatively decent revenue share and includes brands such as Arthrex, Inc., RTISurgical, Medartis, Integra LifeSciences Corporation, Japan MDM, S. H. Pitkar Orthotools Pvt Ltd, Weigao Group Co Ltd, and Invibio Ltd.

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Others operating in the global orthopedic trauma devices market include Johnson & Johnson Services, Inc., Wright Medical Group NV, B. Braun Melsungen AG, Orthofix International, and OsteoMed. Growing outpatient surgical procedure demand and boosting funds for delivery of the top-notch trauma care are foreseen to collectively create a lucrative pool of opportunities for the leading bunch of companies in the global marketplace. The market is also witnessing the development of novel and effective products for use in trauma care, which stands to be another important opportunity.

Key Segments Covered in Orthopedic Trauma Devices Industry Research

Orthopedic Trauma Devices Market by Product Type:

  • Internal Fixators
    • Screws
    • Intramedullary Nails
    • Plates
    • Others (Wires, Pins, Staples)
  • External Fixators
    • Unilateral Fixators
    • Circular Fixators
    • Hybrid Fixators

Orthopedic Trauma Devices Market by Product Type by End User:

  • Hospitals
  • Orthopedic and Trauma Centers
  • Ambulatory Surgical Centers

Orthopedic Trauma Devices Market by Region:

  • North America Orthopedic Trauma Devices Market
  • Latin America Orthopedic Trauma Devices Market
  • Europe Orthopedic Trauma Devices Market
  • East Asia Orthopedic Trauma Devices Market
  • South Asia & Pacific Orthopedic Trauma Devices Market
  • Middle East & Africa (MEA) Orthopedic Trauma Devices Market

About FMI:

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

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Laparoscopic Devices Market is anticipated to increase from a valuation of US$ 12.3 Billion in 2022

The global laparoscopic devices market is projected to experience significant growth during the next decade (2019 – 2029), on the back of rapid growth in demand for minimally invasive surgery and expanding application potential in colorectal and bariatric surgical procedures.

By the end of 2019, global sales of laparoscopic devices accounted for revenues of over US$ 10 Bn. Increasing FDI influx in developing regions coupled with marketing and promotional activities are expected to boost the laparoscopic devices market over the following years, says the report.

Key Takeaways – Laparoscopic Devices Market Study

  • Steady demand growth is observed for bariatric surgery, in line with the expanding obese population coupled with wide-scale adoption rate of minimally invasive techniques. Sales of laparoscopic devices for bariatric surgery will surpassing that for colorectal surgery towards the end of projection period.
  • Sales of laparoscopic devices will be higher in North American countries. The availability of skilled surgeons and several advantages of minimally invasive surgery over open surgery are few factors driving the market of laparoscopy devices.
  • The key players in the laparoscopic devices market are focusing on technologically advanced surgical systems with improved dexterity, ergonomics, and visual enhancements that provide advantages to surgeons and minimize the risk for patients while undergoing laparoscopic procedures.
  • Increasing consumer base along with modern amenities in the healthcare sector is expected to drive sales of laparoscopic devices in developing regions.

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Rising private and foreign investments in the laparoscopic devices market and adoption of subscription commerce marketing model by market players are anticipated to shape the overall laparoscopic devices market.

Adoption of Subscription Commerce Marketing Model

Companies are adopting various marketing model schemes such as subscription commerce to boost the sale of laparoscopic devices. Under this scheme, companies provide medical devices such as laparoscopy devices on pay-per-use basis. Thus, various end use segments can have access to these devices which might otherwise be prohibitively expensive, which in turn is helping manufacturers to expand their market share for laparoscopic devices, globally.

Due to intense competition, manufacturers of laparoscopic devices use innovative pricing strategies to remain at the forefront. Expanding access of laparoscopic devices by educating healthcare professionals through various conferences and training is enabling companies manufacturing these devices to enhance the adoption and equipping healthcare facilities with the necessary tools to provide optimal care to patients.

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Interested in More About Report Inclusions?

Laparoscopic Devices Market, a new study from Future Market Insights, opines on the evolution of the laparoscopic devices market from 2014 – 2018 and presents demand projections from 2019 – 2029 on the basis of product type (direct energy system devices, trocars/access device, internal closure devices, laparoscopes, hand access instruments, insufflation devices, and robotic assisted surgical system), therapeutic application (bariatric surgery, colorectal surgery, general surgery,  gynecological surgery and urological surgery), and end user (hospitals, ambulatory surgical centers, and clinics) across seven major regions.

Laparoscopic devices market by Category

By Product

  • Direct Energy System Devices
  • Trocars/Access Device
  • Internal Closure Devices
  • Laparoscopes
  • Hand Access Instruments
  • Insufflation Devices
  • Robotic Assisted Surgical System

By Therapeutic Application

  • Bariatric Surgery
  • Colorectal Surgery
  • General Surgery
  • Gynecological Surgery
  • Urological Surgery

By End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa (MEA)

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About FMI:

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

Contact:

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Herpes Labialis Treatment Market is expected to register a CAGR of nearly 4.7% over the forecast period 2022-2028

Attributed to rising penetration of generics and innovations in disease treatment, the US$ 869.3 Mn global herpes labialis treatment market is anticipated to expand at a CAGR of 4.7% over 2022-2028, attaining a value worth US$ 1,358.7 Mn by 2027 end. Over a 10-year forecast period, the demand for herpes labialis treatment is likely to be driven by growing instances of viral infection worldwide and evolution of drug types and modes of action.

Moreover, strategic M&A activities among leading industry players as well as amplifying investments in R&D ventures will also turn out to be profitable for the global herpes labialis treatment market during the assessment period.

North America to Maintain Leading Regional Market Position

Supported by strong presence of a few of the key industry players, North America’s herpes labialis treatment market is expected to continue its dominance throughout the forecast period. While this region registered over 35% value share, Western Europe recorded a share of over 20% in 2017. North American region is presumed to exceed the revenues worth US$ 450 Mn by the end of 2027, observing a declining CAGR of 3.9%. Although the US will lead the North American region, Future Market Insights projects that Canada will witness higher adoption of herpes labialis treatment in the assessment period.

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On the flipside, emerging regional markets such as APEJ, MEA, Eastern Europe, and Latin America will see rapid growth in the forecast period. APEJ is identified to be the fastest growing market at a promising CAGR of 5.7%, followed by MEA, predicted to grow at 5.3% CAGR over 2022-2028.

Strengthening efforts and accelerating investments in the examination of the clinical efficacy of drugs, increasing expenditure on R&D infrastructure, growing consumer awareness, and development of advanced, cost-effective treatment options at a rapid pace, will collectively lift the market in emerging countries up. Moreover, lenient FDI policies that govern the pharmaceuticals industry in developing economies prompt at the inflow of a series of opportunities for drug companies to explore these regional markets in near future.

Key Market Players

Some of the leading players competing in the global herpes labialis treatment market include:

  • Novartis AG
  • Valeant Pharmaceuticals International Inc.
  • Pfizer Inc.
  • Abbott Laboratories
  • Mylan NV
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • GlaxoSmithKline plc.

A majority of key players are directing their efforts towards extension of existing product portfolio, while others are focusing on strategic mergers and acquisitions in order to grab larger market shares in terms of revenue. Many top brands are looking forward to capitalize on growing opportunities in emerging regional markets.

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Herpes Labialis Treatment
by Category Drug Type:

  • Acyclovir
  • Valacyclovir
  • Penciclovir
  • Famciclovir
  • Docosanol
  • Others

Route of Administration:

  • Oral
  • Topical
  • Combination

Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Drug Stores
  • Online Pharmacies

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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About FMI:

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

Contact:

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Dry Powder Inhaler Market is set to experience a significant growth of 4.6% CAGR during forecast period by 2031

According to Future Market Insights, the global market for dry powder inhaler is slated to exhibit a CAGR of nearly 4.6% during the forecast period (2021-2031), in terms of volume.

Over 4000,000 Mn units of dry powder inhaler are pegged to be sold across the globe by 2031-end.

Challenges Regarding Varying Characteristics of Dry Powder Inhalers to Pave Opportunities for Medical Device Manufacturers

Regulatory pressures and changes in drug delivery market have driven innovation of the dry powder inhaler forward.

According to the World Health Organization (WHO), nearly 300 Mn people worldwide are affected by asthma, and approximately 240 Mn from the chronic obstructive pulmonary disease (COPD).

Over half of these patients combined prefer use of dry powder inhalers for treatment of their disease.

These devices have depicted great potential in effective and reliable drug delivery, with novel designs ensuring the possibility to overcome future compliance, cost, and safety challenges.

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Some of the essential performance characteristics regarding dry powder inhalers are associated with dose-delivery, performances at varying airflows, and fine particle fraction content.

These characteristics may vary with respect to powder formulations, creating the need for fine tuning of the device or powder formulation or both combined for achieving optimal performance.

The requirement is particularly high in micro-dosing dry powder inhalers, which in turn is paving opportunities for medical device manufacturers in terms of innovations and advancements.

Growing adoption of unhealthy lifestyle, increasing geriatric population, and growing air pollution levels fuelling prevalence of various respiratory disorders are key factors driving expansion of the global dry powder inhaler market.

In addition, favorable government initiatives being taken across the globe for improving the healthcare infrastructure will further influence the market growth in the near future.

However, the fact that dry powder inhalers are not moisture-resistant remains a major challenge for manufacturers, as the medicine loses its properties when it comes in contact with the moisture.

Availability of effective alternatives such as nebulizers and electric pumps are expected to restrain adoption of dry powder inhalers.

Lack of awareness regarding these devices in low-income & underdeveloped countries may further hinder the market growth to a certain extent.

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Key Research Findings from FMI’s Report on Dry Powder Inhaler Market

  • North America will continue to be the most lucrative region for growth of the dry powder inhaler market. Dry powder inhaler sales in the region will register the fastest expansion through 2031. Asia-Pacific excluding Japan (APEJ) is expected to be the second largest market for dry powder inhaler.
  • Hospital pharmacies will continue to be the leading distribution channel for dry powder inhalers, with sales pegged to surpass 150,000 Mn units by 2031-end.
  • Dry powder inhalers will continue to observe the largest application in the treatment of asthma, followed by chronic obstructive pulmonary disease. In addition, sales of dry powder inhalers for application in the treatment of asthma and pulmonary arterial hypertension are slated to exhibit a parallel growth through 2031.

Leading companies in the global dry powder inhaler market are focusing on the development of new generation products.

These market players are making huge investments in R&D activities associated with novel device architectures, particle engineering, and powder formulations.

Development of improved particle properties, along with efficient inhaler designs is expected to remain key strategies among the market players. Key market participants profiled in the report include Vectura Group Plc, MannKind Corporation, Chiesi Farmaceutici S.p.A., Boehringer Ingelheim GmbH, Teva Pharmaceutical Industries Limited, Cipla Ltd., Novartis AG, GlaxoSmithKline Plc, 3M Company, and Astrazeneca Plc.

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Key Market Segments Covered In Dry Powder Inhalers Industry Research

By Product :

  • Single Dose Dry Powder Inhalers
  • Multi Dose Dry Powder Inhalers

By Indication :

  • Asthma
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Pulmonary Arterial Hypertension
  • Diabetes
  • Cystic Fibrosis

By Function :

  • Manually Operated Inhaler Devices
  • Digitally Operated Inhaler Devices

By End User :

  • Institutional Sales
    • Hospital Pharmacies
    • Cancer Research
    • Office based Speciality Clinics
  • Retail Sales
    • Retail Pharmacies
    • Drug Stores
  • Mail Order Pharmacies

By Region :

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

About FMI:

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

Contact:

Unit No: 1602-006
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Plot No: JLT-PH2-X2A
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Woodworking Router Bits Market is Anticipated to reach US$ 110.7 Mn in 2022

The market for woodworking router bits is anticipated to reach US$ 110.7 million in 2022, and is anticipated to grow to US$ 154.2 million by the end of 2029, at a CAGR of 4.8% during that time.

In the world market for woodworking tools, router bits represent 14% of the total market. Over the next few years, an increasing trend toward automation in various industries is anticipated to fuel demand for wood CNC router bits.

A thorough comparison and review analysis of the woodworking router bits market, which is primarily subject to growth with rising demand for design furniture from both the residential and commercial sectors, is provided by Future Market Insights.

Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. High accuracy and precision of carbide-tipped router bits are giving them a competitive edge in the global market. High demand for design furniture is another plus point favoring market growth.

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Furthermore, high reselling value of carbide-tipped router bits as compared to high speed steel (HSS) is also expected to push the growth lever of the global market in the coming decade.

Key Takeaways of Woodworking Router Bits Market Study

Woodworking router bits have prominent application in engraving and carving all kinds of wood such as chipboard, plywood, hardwood, and softwood, and play a crucial role in the furniture industry.

Targeting the expanding DIY consumer segment, manufacturers are offering customized products, which facilitate effective usage in handheld operations such as drilling, cutting, milling, etc.

The most common types of router bits available in the market are handheld router bits and CNC router bits. Handheld router bits are limited to specific applications, resulting in steady market growth, whereas, CNC router bits are versatile, providing lucrative business avenues for investors.

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Out of all woodworking operations, grooving holds a significant share, and is projected to witness maximum growth during the forecast years. In recent years, the market has witnessed price variations, owing to diversified product lines offered by manufacturers that target a broad clientele based on the type of woodworking operation.

Growing usage of wood in the design of basic utilities in commercial construction is expected to further raise the demand for woodworking router bits

Woodworking Router Bits Market: Competitive Landscape

The woodworking router bits market has become increasingly competitive as manufacturers are launching advanced products that offer various operational benefits and are compatible to the woodworking industry. There are a significant number of organized and unorganized players actively operating in the global market.

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Key players involved in the woodworking router bits market are Robert Bosch GmbH, Stanley Black and Decker, Kanefusa Corporation, Amana Tool Corporation, and CMT Utensili SpA, among others. The offering of versatile router bits can be a differentiating move for manufacturers in the global market.

Asia Pacific Offering Lucrative Opportunities for Market Growth

The woodworking router bits market is expected to gain significant traction in the coming years, owing to flourishing residential and commercial construction activities in developing economies of Asia Pacific. Rising demand from the furniture industry in the commercial and residential sectors is expected to drive the sales of router bits during the forecast period. Intense use of wooden furniture and timber for construction in countries such as India, China, and South Korea is expected to propel woodworking router bits market growth.

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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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Neonatal Thermoregulation Market Comprehensive Shares, Historical Trends And Forecast By 2031

The neonatal thermoregulation industry has taken the spotlight in healthcare sector with the advanced monitoring systems for neonates gaining traction. Additionally, rise in number of pediatric clinics and neonatal intensive care coupled with the new inventions by industry players is creating avenues for demand growth.

While the COVID-19 pandemic affected the industry output and demand-supply patterns, various macro-economic factors such as increase in governmental investments in healthcare sectors, advancements in medical technology, and increase in per capita health expenditure are expected to keep fuelling the sales in the post-pandemic years.

The latest revised report on the ‘neonatal thermoregulation’ market study by Future Market Insights (FMI) offers an exhaustive overview of the global industry while emphasizing on the crucial growth & restraining factors, and demand-supply trajectories across 20+ countries during the forecast period of 2021 to 2031.

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Key Takeaways from Market Study

  • The global neonatal thermoregulation industry is predicted to ascend at over 4% CAGR through 2031
  • High demand for radiant and wall mount warmers to spur the demand growth
  • Closed segment to register impressive demand in terms of modality
  • Requirement in hospitals sector to fuel sales
  • The United States remains the epicenter in North America neonatal thermoregulation industry
  • Germany to sustain on the forefront of the world’s second largest neonatal thermoregulation industry Europe
  • Asia Pacific emerges as the fastest growing region during the forecast period
  • China, Japan, India, the United Kingdom, France, Italy, Canada, and a few other countries to remain in the limelight for stakeholders

“With the growing focus on reducing morbidity and mortality in newborns, neonatal thermoregulation industry is projected to gain further momentum. Furthermore, increase in number of pediatric & neonatal intensive care units is subject to cater to the demand growth in the near future,” says an FMI analyst.

How is the Increase in Awareness Regarding Newborn Mortality Rates Propelling the Growth?

Thermoregulation plays a very crucial role in balancing heat production and heat loss in order to maintain body temperature of newborns within a certain normal range. As not maintaining proper body temperature can be fatal for newborns, demand for neonatal thermoregulation is getting prominent in hospitals and neonatal intensive care units.

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For instance, neonatal hyperthermia may occur if proper thermoregulation is not done for a newborn. In this condition, the newborn’s body temperature drops below 36.5 degree Celsius and progressive reduction in body temperature may lead to adverse clinical effects ranging from metabolic stress to death. According to the report titled “Newborns: Improving Survival and Well-Being” published by the World Health Organization (WHO) on 19th September, 2020, globally 2.4 million neonates died in 2019, while approximately 7000 newborn die every day amounting to 47% of all child deaths under the age of 5 years. Such reports are helping in spreading awareness which in turn is favoring neonatal thermoregulation equipment suppliers.

Who is Winning in this Space?

The global neonatal thermoregulation industry provides with highly competitive environment for key players. In order to leverage the new opportunities, key players are developing advanced and wider range of products.

For instance,

  • General Electric Company launched its new Corometrix 250 cx Series, Corometrics 170 Series Fetal Monitor and Mini Telemetry System, and others during the last 5 years
  • Natus Medical Incorporated announced the acquisition of Innovative Newborn Care Technology in November, 2020 in order to increase its sales footprint

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Market Segmentation by Category

Product Type

  • Warmer
    • Radiant Warmer
    • Wall Mount Warmer
  • Neonatal Incubators
    • Intensive Care Incubator
      • Hybrid Incubator
      • Selective Close Care Incubators
    • Transport Incubator
  • Neonatal Cooling Systems

Modality

  • Open
  • Close

End User

  • Hospitals
  • Paediatric and Neonatal
    • Intensive Care Units
  • Others

Region

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

About FMI:

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

Contact:

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Plot No: JLT-PH2-X2A
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Loader Bucket Attachments Market Is Expected To Likely To Surge At A Vigorous 4.6% CAGR During The Assessment Period

The market for loader bucket attachments market was valued at roughly US$ 2.63 billion in 2021 and is expected to grow at a CAGR of 4.6% to US$ 3.76 billion by 2029. In 2021, sales of loader bucket attachments represented about 21% of the market for compact loader attachments globally. Grip attachments for loader buckets are becoming more popular throughout the majority of the world.

An insightful comparison and analysis of the market growth rate for loader bucket attachments are provided by FMI. The demand for bulk material handling systems like loaders and their attachments is rising as a result of significant technological advancements and rising demand for waste management that collects waste from municipal, commercial, and industrial waste yards.

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Increasing safety standards and the need for regular replacement of loader bucket attachments is one of the prime factors contributing to high volume sales.

The average service life of a loader bucket attachment is around three to five years, after which, it needs to be replaced or thoroughly serviced. OSHA and others, established by regional governments, creating a market opportunity of more than US$ 1.3 Bn over the forecast period of 2022-2029, are paying further, greater attention to safety standards, such as.

On the back of these factors, the global loader bucket attachments market is projected to register a CAGR of 4.6% through period. Future Market Insights represents a half-yearly comparison and insightful analysis of the Fire protection systems for the industrial cooking market growth outlook.

The necessity for industrial cooking fire safety systems is increasing globally due to the susceptibility of industrial kitchens to fire mishaps and the increased rate of appropriation of high-energy cooking equipment.

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Key Takeaways of Loader Bucket Attachments Market Study

  • The rise in infrastructural projects with promising economic growth necessitates manufacturers of heavy-duty off road vehicles to increase efficiency and productivity, creating growth opportunities for players in the loader bucket attachments market.
  • Prominent players in the loader bucket attachments market are striving to offer an extensive range of attachments and ground engaging tools. Additionally, these companies strive to offer new products in developing regions where end-use industries have registered double digit growth in the past, such as China, India, and Latin America.
  • Between thumbs and grapples, grapples are estimated to gain more prominence, as they can be used to multitask, which leads to increased productivity in demolition, rock handling, scrap handling, and land clearing applications. Grapples are expected to gradually replace thumbs in the latter half of the forecast period.
  • Amongst all the loader bucket attachments, ground engaging tools are gaining more acceptance in the loader bucket attachments market, owing to their better productivity.
  • Cumulatively, the Americas and Europe have a notable installed base of bulk material handling equipment. The need for frequent maintenance due to safety concerns and the resulting volume sales of loader bucket attachments, coupled with growing concerns regarding proper waste handling is expected bolster the growth of the loader bucket attachments market.

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Loader Bucket Attachments: Competition Scenario

The loader bucket attachments market is assessed to be a fairly consolidated market space, where players such as Caterpillar, AB Volvo, Komatsu Ltd., JCB, Doosan Corporation, Deere & Company, and CNH Industrial are projected to maintain their supremacy in the market throughout the forecast period.

“Growing Focus on Waste Management to Boost Sales of Construction Tractors”

Rising agricultural and construction operations, as well as rapid urbanization, are driving demand for construction tractors in China.

Inclusion of waste recycling facilities in China has risen, producing significant market opportunities for construction tractors, as management of waste has a close correlation to many global concerns.

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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.

Contact:

Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Potato Fiber Market Growth Factors Analysis with Pricing Analysis, Absolute Opportunity Analysis and Historical Market Size Value-2028

Potato is a commercially important vegetable globally. The three crucial components that make potato nutritious to consume are vitamin C, dietary fiber, and potassium. Whereas, potato fiber is used as an additive in the food for the enrichment of dietary fiber, reduction of calories and carbohydrates and it helps in reducing fat absorption during cooking.

The main technical property of potato fiber is the construction of the 3D fiber network in the end product. Potato fiber also helps in improving the stability and texture of the food, facilitating a high water binding capacity to the end product. Potato fibers are used in a wide range of food products such as baked goods, health foods, extrudates, dough, bread, and meat products.

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The diets rich in potato fiber have a positive effect on health since their consumption has been linked to decreased incidence of numerous diseases. The prominence of food fibers has led to the advancement of a large and prospective market for fiber-rich items and ingredients. Growing consumer preference for healthy lifestyle coupled with needs for nutritious food products is expected to drive the growth of the potato fiber market.

Growing Demand for Healthy Food Products is Likely to Drive the Growth of Potato Fiber Market

Over the past decade, potato fiber has been well studied and is proved to have many health benefits. However, the current intake level of fiber and fiber-rich food products is found to be below recommended value. Potato fiber includes cellulose, hemicellulose, pectin, and lignin, mainly in plant foods.

The rising incidence of various diseases due to unhealthy diets and busy schedule has led the consumers to be more attentive towards, healthy food products, which is assisting the potato fiber market growth. Furthermore, increasing consumer demand for clean label products is also expected to contribute to the growth of the potato fiber market.

Global Potato Fiber Market: Key Participants

Examples of some of the key participants operating in the global potato fiber market are J. Rettenmaier & Söhne GmbH, Shaanxi Undersun Biomedtech Co., Ltd., Avebe America Inc., Inc., Groupe Emsland, Lyckeby Starch AB, and BI Nutraceuticals, among others.

Key Developments in Potato Fiber Market

In May 2017, food ingredients company BI Nutraceuticals launched a new potato powder made for use in baby foods, beverages, and snacks for the addition of dietary fibers. Then new potato powder contains proteins, vitamins, minerals, and more than 30% dietary fiber, designed to be versatile to meet the clean label demand of the consumers.

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Opportunities for Market Participants in Potato Fiber Market:

As potato fiber is high in cellulose, seaweed polysaccharides, etc. it is widely used as an ingredient in food products such as bread, health supplements, baked goods, and meat products. When it comes to substitutes for the proteins market, the potato fiber has started to seize some serious responsiveness from consumers.

The mounting consumer demand for natural and organic food products has encouraged the need for natural dietary fibers, which is projected to brace the potato fiber market growth. The increasing acceptance is assisting the producers to innovate and advance the product lines for potato fiber, which has advocated the growth of the potato fiber market. Furthermore, customer ethics such as environment, social purpose, transparency, and convenient nutrition are also inspiring the growth of the potato fiber market.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the potato fiber market, including background and evolution
  • Macroeconomic factors affecting the market and its potential
  • Market dynamics, such as drivers, challenges and trends
  • Detailed value chain analysis of the market
  • Cost structure of the products and segments covered in the study
  • In-depth pricing analysis, by key segments, regions and by major market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario
  • Analysis of the market structure, including a tier-wise categorization of key market participants
  • Competitive landscape of the market, including detailed profiles of the top players in this market

The report covers exhaust analysis on:

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

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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)

Global Potato Fiber Market: Segmentation

On the basis of Product Type, the global potato fiber market has been segmented as –

  • Soluble Fiber
  • Insoluble Fiber

On the basis of Application, the global potato fiber market has been segmented as –

  • Meat Products
  • Bread
  • Baked Goods
  • Health Foods
  • Extrudates
  • Doughs

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Read Some Other Report:

https://www.spoke.com/topics/bakery-products-market-report-size-growth-demand-scope-opportunities-and-forecast-2022-2032-63049b910cb3cb0d0a020202

https://medium.com/@abhinay_30028/bakery-products-market-segmentation-and-analysis-by-recent-trends-consumption-by-regional-data-26b0fe5d942a

https://abhinayfmi.blogspot.com/2022/08/bakery-products-market-research-report.html

About FMI

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 6-years.

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