Non-ionizing Radiation EMF Detection, Measurement, and Safety MarketResearch Report 2022 – Forecast till 2032

According to FMI Analysts, the global non-ionizing radiation EMF detection, measurement, and safety market was valued at US$ 66.3 Bn in 2022 and is predicted to reach US$ 94.5 Bn by 2032, growing at a 3.6% CAGR through 2022-2032. During the forecast period, the sales of non-ionizing radiation EMF detection, measurement, and safety devices are predicted to develop due to the increased use of electronic gadgets and electrical devices.

In both the home and industrial sectors, there has been an increase in demand for non-ionizing radiation EMF detection, measurement, and safety. Furthermore, the application of wireless technology in various sectors has increased dramatically around the world. As a result, the non-ionizing radiation EMF detection, measurement, and safety market share are anticipated to rise during the forecast period.

Request a Sample of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-14666

In addition, the demand for non-ionizing radiation EMF detection, measurement, and safety is rising due to the growing demand for consumer devices such as tablets, smartphones, and laptops.

Rising public awareness of the health dangers associated with exposure to such radiations has resulted in a major increase in the use of radiation detection and measurement devices and solutions. As a result, these factors are projected to promote non-ionizing radiation EMF detection, measurement, and safety market expansion over the forecast period.

Radiation detection equipment comes in a variety of forms, including area monitoring devices, handheld devices, and personal monitoring devices. Over the forecast period, the sales of non-ionizing radiation EMF detection, measurement, and safety devices are expected to grow due to the increased adoption of electronic support measures (ESM).

Electronic support measures (ESM) allow countries to concentrate their efforts on equipping their military forces with technology and systems for detecting and recognizing threats from intruding systems.

The government’s strict regulatory restrictions on radiofrequency and other non-ionizing radiation exposure make it critical to manufacturing goods with sufficient sensitivity and accuracy criteria. Manufacturers of non-ionizing radiation EMF detection, measurement, and safety devices in the industry must design items to accommodate new technologies and meet the needs of various end-users. As a result, these constraints are likely to stifle non-ionizing radiation EMF detection, measurement, and safety market growth in the foreseeable future.

KEY TAKEAWAYS:

  • By end use, the military and homeland security segment is anticipated to dominate the global non-ionizing radiation EMF detection, measurement, and safety market with a CAGR of 3.7%.  It is due to considerable growth in non-lethal attacks in warfare using non-ionizing and ionizing solutions to damage the nation’s military’s electromagnetic transmissions.
  • By device, the handheld monitoring device segment dominated the non-ionizing radiation EMF detection, measurement, and safety market with a CAGR of 4.5%. This is due to their simplicity of use and handling; handheld devices have seen a larger demand than other types of gadgets.
  • With constant advancements in these devices, demand for handheld devices is expected to skyrocket in the near future, presenting a lucrative growth opportunity for non-ionizing radiation EMF detection, measurement, and safety market participants.
  • With a market share of approximately US$ 39.2 Bn during 2022-2032, the U.S. is anticipated to emerge as the top regional market for non-ionizing radiation/EMF detection, measurement, and safety. The huge number of non-ionizing radiation/EMF detector manufacturers is thought to be the key driver of this regional market’s growth.
  • Due to rising consumer awareness, Asia Pacific is expected to see an increase in demand for non-ionizing radiation/EMF detection, measurement, and safety equipment in the near future.

COMPETITIVE LANDSCAPE:

Wavecontrol, Narda Safety Test Solutions, Mirion Technologies, Inc., Brightsandz Pvt Ltd., General Tools & Instruments LLC are some of the key players in the global non-ionizing radiation EMF detection, measurement, and safety market.

Ask An Analyst @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-14666

Key Segments

By Detector:

  • High Frequency
  • Low Frequency
  • Others

By Device:

  • Personal Monitoring Devices
  • Handheld Monitoring Devices
  • Area Monitoring Devices

End use:

  • Residential
  • Healthcare
  • Military and Homeland Security
  • Manufacturing
  • Laboratory and Education
  • Telecommunication
  • Others

By Region:

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

About FMI

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

Contact Us:

Unit No: 1602-006

Jumeirah Bay 2

Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

Tritium Light Source Market Increasing Defense Budget Will Continue Boosting Sales In China By End 2031

The report estimates global tritium light source market to grow at nearly 2.3% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tritium light sources market growth will evolve in the next decade. Global tritium light source sales are set to be valued at US$ 206.4 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

Demand for tritium light sources was moderate in 2020. The COVID-19 outbreak also slowed demand from key end-use sectors such as defence and aerospace, industrial infrastructure, and civil and commercial. However, given the possibility of stimulus in a number of countries, the market’s long-term outlook remains positive.

According to FMI, the market will remain stable, with demand from the defence and aerospace sectors supporting it. New technologies such as tritium sources are expected to be in high demand in the industry. Demand is expected to be especially strong in Asia Pacific emerging markets like China, India, and Indonesia. Rapid growth in the civil and commercial sectors in this region’s urban and semi-urban areas will also help drive market expansion.

Request for a sample@
https://www.futuremarketinsights.com/reports/sample/rep-gb-2731

Key Takeaways

  • After negative growth in 2020, the market will register a positive 2% Y-o-Y growth in 2021
  • Backed by presence of a strong military & defense sector, the U.S. will account for nearly 70% of sales in North America in 2021
  • Despite being a leading market, the U.K. will register a moderate 2.5% Y-o-Y growth in 2021
  • Germany is forecast to register sluggish growth in demand, while growth in France will remain steady
  • Increasing defense budget will continue boosting sales in China, followed by Japan and South Korea

 “Rise in demand for self-illumination in recent years is expected to provide an impetus to tritium light sources sales. Besides this, the demand from the supplier side and from the end-use industries across the globe is propelling the tritium light sources market growth. The decrease in availability of tritium on a global scale might impact the pricing of the tritium light source. The U.S. NRC is implementing regulations for decreasing the production of tritium, which might affect growth in the coming years” says FMI analyst.

North America to Continue Exhibiting High Demand

Developments in commercial, civil and defense aviation across the globe has set the platform for growth in the market and are among the key factors shaping growth of the industry. North America, which approximately holds one third of the market is expected to continue to the trend in the forecast period. The tritium light source industry is expected to grow in U.S., post pandemic due to its usage in exit signs in various public spaces such as theatres, hallways and corridors. Along with the usage of tritium light sources in industrial applications, the tritium light sources market in China is expected to grow attributing towards its sales of GTLS in novelty items like key chains, and navigational items such as compasses.

Ask an analyst@
https://www.futuremarketinsights.com/ask-question/rep-gb-2731

Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Evenlite Inc, Cammenga, Beta Light, ITTSAN GTLS, MB Microtec AG, SRB Technologies, and Trijicon.

Tritium light source market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of defense and aerospace equipment that meet personalized requirements of consumers. Collaboration with regional defense and aerospace as well as civil and commercial companies as a prime strategy expected magnify in the forecast period.

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs

Industrial Vacuum Evaporation Systems Market South Asia & Pacific Regio, Expected To Register An 8% Value Cagr Through 2030, FMI

As industries look to leverage effective water treatment solutions, investments in industrial vacuum evaporation systems are expanding, with prominent end-users preferring thermal evaporators over other types.

According to the study, the market is expected to grow at a 6.7 percent CAGR through 2030, with rising awareness of wastewater management driving momentum. Future Market Insights (FMI), an ESOMAR-certified market research firm, has recently published a report on the global industrial vacuum evaporation systems market, explaining the key dynamics responsible for shaping growth over the 2022-2030 evaluation period.

Because of the growing problem of untreated effluent discharge across freshwater bodies, wastewater treatment and control have gained prominence over time. With over 80% of wastewater discharged without treatment, governments have tightened policies to ensure compliance with chemical vegetation.

Request Sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-12895

Key Takeaways

  • The global industrial vacuum evaporation systems market was valued at US$ 2.3 Bn in 2019
  • By system type, multiple effect thermal evaporators likely to account for nearly 90% share
  • Demand for 1,000-2,000 liters/day capacity evaporators to exhibit credible growth until 2025
  • Wastewater treatment & recycling to remain major application areas, generating over a third of global revenue
  • Opportunities abound across the South Asia & Pacific region, expected to register an 8% value CAGR through 2030

“Implementation of stringent emission and effluent discharge control regulations across key regions is accelerating adoption of industrial vacuum evaporation systems, with specific emphasis on wastewater treatment across the chemical industry,” remarks the FMI analyst.

COVID-19 Impact Analysis

The COVID-19 pandemic has induced an unprecedented impact across the global industrial manufacturing sector, severely disrupting supply chains in the wake of declining production cycles due to government-imposed lockdowns. Consequently, GDP levels have nosedived, inducing economic troughs across all countries.

A deceleration of approximately -6% has been projected for the industrial vacuum evaporation systems market through 2020. Furthermore, the UN Conference on Trade & Development estimates the global FDI levels to shrink by 5-15% due to a contraction of the manufacturing sector. Hence, recovery prospects appear quite challenging.

However, growth prospects are expected to heighten from 2021, with countries expected to ease lockdown restrictions, prompting industries to resume operations. Manufacturers have made it their top priority to secure their supply chains from further recessionary shocks by establishing strong distribution networks to avoid supply crunches.

For any queries linked click , ask an analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-12895

Competitive Landscape

Prominent players operating in the global industrial vacuum evaporation systems market include

  • GEA Group
  • SUEZ
  • Veolia
  • PRAB
  • BÜCHI Labortechnik AG
  • GEMÜ Group
  • Heidolph Instruments GmbH & CO. KG
  • S.A.I.T.A SRL
  • WIGGENS GmbH
  • IWE SRL
  • Condorchem Envitech
  • ENCON Evaporators
  • Eco-Techno SRL
  • Sanshin Mfg. Co. Ltd.
  • EYELA

These players rely on a combination of expansion and consolidation strategies to remain afloat. Some important strategies include the incorporation of advanced technologies based on artificial intelligence and automation, strategic partnerships with other industrial giants, and collaborations with industry.

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs

Global Elevator And Escalator Market Is Valued At Around US$ 59.03 Bn In 2022, FMI

The global elevator and escalator market is valued at around US$ 59.03 Bn in 2022, registering Y-o-Y growth of 6.6%. The market is projected to increase at a CAGR of 4.5% and attain a valuation of US$ 100.12 Bn by the end of 2030.

Companies operating in the elevator and escalator market are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study. According to FMI, the elevator and escalator market is expected to grow at a CAGR of 6.6 percent from 2020 to 2030.

Some of the most prominent companies are integrating IoT technologies into connected elevators and escalators. This has given them the ability to control various parameters such as load capacity, frequency of use, and so on. Such technological advancements are expected to benefit the market as a whole.

The recent COVID-19 outbreak has caused market growth to slow. Several factors, however, are anticipated to drive the elevator and escalator market during the forecast period. FMI provides a comprehensive overview of the elevator and escalator market, including its potential, growth drivers, and restraints.

Request Sample@  https://www.futuremarketinsights.com/reports/sample/rep-gb-12768

Some of the key takeaways from the report are highlighted below-

  • Product-wise, elevator is expected to lead the market followed by escalator during the forecast period
  • Load type-wise, passenger segment will exhibit hegemony in the coming years
  • New system installation type is set to gain traction in the global market
  • Commercial end use segment is projected to exhibit highest growth followed by the residential segment throughout the forecast period
  • New-age IoT technology will cater to the steady market growth in the near future
  • East Asia elevator and escalator market will maintain the lead while emerging as the highest growing market among all other regions

“As the building and construction industry is expanding rapidly, the demand for elevators and escalators is rising higher. To capitalize on prevailing opportunities, market players are launching novel cutting-edge technologies that offer more sophisticated functionalities in elevator and escalator. This is anticipated to create lucrative growth opportunities for the market in the coming years,” says an FMI analyst.

COVID-19 Impact Analysis

The elevator and escalator market growth has been declining due to the novel coronavirus outbreak. As consumers have shifted their focus more on emergency services such as medical, diagnostic, pharmaceutical and others instead of building and construction sectors, the market growth rate has fallen temporarily.

Added to this, the factors such as non-operational manufacturing units, unavailability of labours, scarcity of raw materials, disruptive supply chain and logistics sector, financial crisis, job recession, and others have slowed down the progress of market.

According to FMI, the elevator and escalator market is set to recover by the first quarter of the year 2021.

Who is Winning

As the elevator and escalator market potential is rising steadily, the key market players are focusing on launching advanced designs to gain competitive edge. For instance, DOPPLER S.A. has launched their DOPPLER Lift Hygiene Solutions equipped with air sterilizer using UV photo catalyst sterilization and UV antibacterial light disinfection system in 2020.

Kone Corporation has launched Kone Health & Wellbeing Solutions for Elevators and Escalators which include escalator handrail sanitizer, elevator remote call using whatsapp, elevator air purifier, and others in June 2020.

Some of the leading companies operating in the market are DOPPLER S.A, Kone Corporation, Orona Group, EMAK Elevator, Sanyo Elevator (Zhuhai) Co., Ltd, and others.

Request Customization@
https://www.futuremarketinsights.com/customization-available/rep-gb-12768

More Valuable Insights on Elevator and Escalator Market

In the latest report by Future Market Insights, we offer a detailed unbiased analysis of the global elevator and escalator market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (elevator (hydraulic, traction, machine room less, vacuum), escalator (step type, belt type, cleat type, spiral)), load type (passenger, freight, observation, others), installation (new system installation, retrofit), end use (residential (low rise building, mid rise building, high rise building), commercial (hotels, airports, subway stations, commercial complexes, offices & institutions, industrial), hospital, infrastructure & construction, transportation & logistics),  across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

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 8-years.

Contact:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Woodworking Power Tools Have Gained Strong Interest Across Europe By 2030 End

According to a new study by Future Market Insights, the rise of the European woodworking power tools market has been largely associated with the region’s construction and carpentry sectors (FMI). The European woodworking power tools market is expected to be worth US$ 363.9 million in 2030, with Germany, the United Kingdom, and France leading the way.

The EU is increasing its efforts to prevent climate change and reduce its carbon footprint, and the European timber sector is investing and legislating towards sustainable forest sources in terms of local wood and imports, which could indirectly influence pricing of woodworking operations and associated power tool sales, according to the report.

According to the report, market participants can increasingly focus their offerings on repair, renovation, and maintenance applications to broaden the market.

Get | Download Sample Copy @
https://www.futuremarketinsights.com/reports/sample/rep-gb-12531

Key Takeaways

  • Planers power tools to witness greater traction through 2030 on the back of furniture applications.
  • Cordless woodworking power tools to remain lucrative through the forecast period, with demand from DIYers, and operational convenience benefits providing impetus.
  • Commercial tradesmen such as carpenters, masons and joiners to witness for significant demand.
  • Online sales are expected to display higher growth rates, on the back of DIYers, wider product range, and offers & discounts.
  • Germany is a highly lucrative market for woodworking power tools, owing to the steady growth of the non-residential construction sector and the presence of major players.

“In line with the rapid surge in demand for smart technologies and connectivity in woodworking, major market players in Europe have been using their expertise in developing sensor technology, services, and software to provide power tool solutions across domains to customers,” says analyst at FMI.

Ask Us Your Questions About This Report @
https://www.futuremarketinsights.com/ask-question/rep-gb-12531

Europe Woodworking Power Tools market segment

Product Type

  • Drills
  • Planers
  • Grinders
  • Saws
  • Cutters
  • Sanders
  • Routers
  • Screwdrivers
  • Wrenches
  • Chasers
  • Others

Configuration

  • Corded Power Tools
  • Cordless Power Tools

End User

  • Industrial Enterprises
  • Commercial Carpenters, Joiners, and Masonry
  • Service Providers
  • DIY/Individual

Sales Channel

  • Online Sales
  • B2C Platform
  • B2B Platform
  • Offline Sales
  • Bulk Suppliers
  • Retail Suppliers

Region

  • Germany
  • Italy
  • France
  • U.K.
  • Spain
  • BENELUX
  • Russia
  • Poland
  • Czech Republic

About Us

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

Contact:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Water Treatment System Market To Reach A Valuation Of US$ 111,922 Mn By The End Of Their Forecast Period By 2030

The water treatment device market is predicted to grow at a CAGR of 6.8% by 2030. As an example, remote sensing of water allows for non-sales water remediation, water accounting, net of things (IoT) that allows water excellent management, and smart irrigation. Coupled with new computing capacity, it enables marketplace gamers to plot complex fashions for water management.

An increase in water treatment system innovation to generate minimal wastewater for the industrial sector is a key factor driving the market for water treatment systems. With the global population expected to reach 9.7 billion by 2050, it is becoming increasingly important to produce more with fewer resources.

Technology and innovation are playing an important role in security and scarcity, software operations, water efficiency, tracking and remediation, and data analytics. Companies and utilities are showing a greater interest in testing and implementing future-proof technology, according to market participants.

Request for a sample report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-12412 

Key Takeaways of Water Treatment System Market Study

  • Worldwide adoption of water treatment systems to surge at 6.8% CAGR over 2022-2030
  • Preliminary treatment systems to procure leading revenue share, tantamount to 40%
  • Application in process water/water treatment to remain prominent through 2030
  • Industrial sector to attract substantial investments from stakeholders
  • East Asia to emerge as epicenter of value-capture opportunities in coming years

Water treatment systems have been considered a reliable and essential aspect of societies and a key contribution to public health during the global pandemic. Utilities’ initial response to the pandemic by optimizing disinfection doses has been the key step in the protection and avoidance of both utility workers and the receiving water ecosystem and minimizes the potential contagion of the coronavirus. Several companies are stepping up existing water treatment facilities in hard-hit areas that possibly contract COVID-19 infection from places including, community clinics, hospitals, and nursing homes.

“Preserving and reusing wastewater has not been among key priorities for businesses, or individuals. That being said, rising ecological consciousness and increasing regulatory pressure to lower the consumption of natural resources are influencing several industrial businesses to look for innovative ways to use – and reuse – water,” says analyst at FMI.

Reach To Our Expert For More Information @
https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-12412

Water Treatment System Market by Category

By System Type, the Water Treatment System Market is segmented as:

  • Water Treatment
    • Membrane Bio- Reactor (MBR)
    • Reverse Osmosis (RO)
    • Micro- Filtration (MF)
    • Nano/Ultra Filtration (NF/UF)
    • Disinfectants (UV, Ozone)
  • Sludge Treatment
    • Activated Sludge
    • Sludge Thickening & Dewatering
    • Sludge Drying

By Application, the Water Treatment System Market is segmented as:

  • Process Water/Water Treatment
  • Waste Water Treatment
  • Zero Liquid Discharge
  • Desalination

By End Use, the Water Treatment System Market is segmented as:

  • Residential Buildings
  • Commercial Buildings
  • Municipality
  • Industrial
    • Chemical & Petrochemicals
    • Oil & Gas
    • Mining & metals
    • Food & Beverage
    • Pharmaceuticals
    • Semiconductors
    • Thermoelectric Power Plants
    • Pulp & Paper
    • Sugar Mills
    • Textiles
    • Leather

By Region, the Water Treatment System Market is segmented as:

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

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs

Europe Automated Sortation System Market Is Expected To Account For The Highest Market Share Of Around 25.6% In 2022, FMI

Future Market Insights, an ESOMAR certified market research firm in its latest report pegs the global market for automated sortation system to surpass a valuation of US$ 14.34 Bn by the end of 2030.

Operators in the automated sortation system market are increasing their own reliability index through timely deliveries, giving them a competitive advantage in the overall market, with newer sortation systems having sortation rates close to 100%. Throughput improvements enable stakeholders to plan ahead of time for capacity forecasts.

Manufacturers are steadily expanding their logistics and warehousing operations to improve sorting and picking, with the accuracy and efficiency of automated sortation systems set to improve KPIs. Automated sortation increases profit margins by a respectable 1% while also assisting in order total cycle time reduction.

Request a sample of this report@
https://www.futuremarketinsights.com/reports/sample/rep-gb-11931

Key Takeaways of Automated Sortation System Market

  • Modern drive systems in automated sortation systems to reduce CO2 emissions by 80%
  • Accuracy of automated sortation system set to boost perfect order percentage by 3%-4%
  • Medium throughput sorters will be most lucrative and are slated to capture 46% of the market share through 2030
  • 33% is the overall revenue share of the top 3 countries in the automated sortation system market
  • Linear automated sorters will witness the most prolific growth through 2030

The COVID-19 Impact on Automated Sortation System Market

The prevailing pandemic has severely obstructed growth within the automotive and air cargo segments which have been majorly hit. However pharmaceutical and food and beverages are seen to benefit. With food and beverage production and supply being deemed as essential services and pharmaceutical sector seeing a burst of innovation the market will see new drug formulations rolling out.

As the social distancing protocols have caused a paradigm shift towards online based shopping and goods procurement, this is turn have boosted the growth opportunities for e-commerce industry. With 60% of countries in partial lockdown, e-commerce is gaining significant traction thus helping businesses using automated sortation systems to scale up. On an optimistic note Future Market Insights anticipates the market to recover over the next 4-6 quarters. Despite the economic slowdown, the market has openly embraced automation without the need for human labor. This move has also led to better optimization of resources and various capital investments to minimize production overheads.

Request Brochure@ https://www.futuremarketinsights.com/reports/brochure/rep-gb-11931

Automated Sortation System Market – Competitive Intelligence

Goods to person is one of the most upcoming and advanced automated solution driving order fulfillment. Today it has carved a niche for itself due to its importance in the supply chain. The leading stakeholders in the market easily occupy a wholesome 34% of the overall market share. Faster delivery times, lower cost positions and increased weight capacities are some of the main strategies of the leading players.

E-commerce giants such as Amazon, Walmart as well as CEP (Courier, Express and Parcel) companies are showing increased inclination towards sortation systems. These companies are exclusively partnering with sortation system manufacturers for optimized sorting solutions at their warehouses. In land constrained, emerging markets, many players are focusing on integration of industrial and residential land uses. Vertical and flexible warehousing solutions is another trend players are capitalizing on.

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 8-years.

Contact:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Germany Pre-Insulated Pipe Market Will Reflect A Strong Rise, Displaying A 5.8% CAGR Through 2031, FMI

Global pre-insulated pipe sales are set to be valued at US$ 5,470.5 Mn in 2021, with a stable long-term projection, according to the latest market study from Future Market Insights, ESOMAR-certified research, and consulting firm. The report estimates the global pre-insulated pipes market to grow at nearly 5.8 % during 2021-2031. The report offers analysis in 20+ high-growth countries, providing detailed insights on pre-insulated pipes configurations and applications that are likely to evolve in the coming decade.

Demand for pre-insulated pipes increased moderately in 2020, influenced by the COVID-19 pandemic as well as developments in the end-use sectors of district heating and cooling, oil and gas, and others. However, given the possibility of economic stimulus in many countries, the market’s long-term outlook remains positive.

Get | Download Sample Copy @
https://www.futuremarketinsights.com/reports/sample/rep-gb-11284

Key Takeaways

  • District heating and cooling system applications will witness higher demand owing to a growing transition away from conventional electric HVAC insulation.
  • Polymer composite materials are projected to hold major market share on the back of UV and corrosion-resistant characteristics.
  • The U.S. will expand at a steady rate, driven by investments into construction projects and oil exports.
  • Germany will reflect a strong rise, displaying a 5.8% CAGR through 2031.
  • GCC countries are a high potential market driven by a lucrative and matured oil and gas sector.
  • Government investments towards smart city programs are driving notable demand for pre-insulated pipes in India.

“Frequent advancements in pre-insulated pipes configurations and adoption of district heating and cooling systems in recent years has provided impetus to sales and revenue. Increasing demand from suppliers and from end-use industries are propelling growth. The use of polymer materials in pre-insulated pipes is gaining prominence in district heating and cooling systems for efficient transfer of hot and chilled water for commercial and residential applications. The requirement of the modern energy systems is witnessing a steady rise which bolsters sales prospects for pre-insulated pipes as well,” says the FMI analyst.

R&D Collaborations with Local Players Gain Ground

The pre-insulated pipes market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of district heating and cooling that meet the requirements of consumers. Collaboration with local players and developing new technology in the form of smart grid and advanced pre-insulated pipe offerings is a prime strategy expected to gain traction in the forecast period.

Competitive Landscape

The market is fragmented, with key players accounting for approximately one-fifth of the market share. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares. Some of the key players in the market are Georg Fischer AG, Uponor Corporation, Watts Water Technologies, LOGSTOR A/S, Brugg Group Ag, Polypipe Group PLC, Vital Energi Utilities Limited, Perma-Pipe International Holdings Inc., Elips – Empower Logstor, KE KELIT, etc.

  • Flexenergy supplied 50 meters of 90mm pre-insulated polybutylene pipe and 100 meters of 75mm pipe in a contract with James House in York for heating and hot water applications in July 2020.
  • GF Piping Systems announced the acquisition of a 49% 2017 stake in Canada-based piping system manufacturer Urecon Ltd., with a goal of complete acquisition which was completed in 2019.
  • Empower-Logstor Insulated Pipes Systems announced the opening of the UAEs largest pre-insulated pipe production facility for a valuation of US$ 25 million. Logstor also won a contract to supply 20 kilometers of pre-insulated pipes for Al Jaber Construction.

Ask an Analyst@
https://www.futuremarketinsights.com/request-advisory/rep-gb-11284

Valuable Insights into Pre-Insulated Pipe Market

Future Market Insights, in its new report, presents an unbiased analysis of the pre-insulated pipe market, covering historical demand data from 2016-2020 and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the pre-insulated pipe market based on material type, has been classified into metals & alloys, and polymers. The phospholipid is also classified based on pipe configuration, installation, end-user, and region. Regionally, the phospholipid market covers North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA.

About Us

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

Contact:
Future Market Insights,
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs

Global Transformer Monitoring System Market Is Anticipated To Surpass The Market Value Of US$ 1 Billion By 2031 End, FMI

It is predicted that sales revenue will reach US$ 2 billion in 2021 with an astronomical CAGR of 10.1%. The transformer monitoring system market exhibited year-on-year growth of 10.9% in 2021, backed by increasing adoption of green transformers leading to up-gradation of associated monitoring system and growing emphasis on improving reliability of power grid. FMI states that, transformer monitoring system market revenue grew by 8.5% between 2016 and 2020.

Rapid urbanisation and increased industrial activity have increased electricity consumption in recent years. As the world moves toward smart grids for more efficient power distribution, the demand for transformer monitoring systems is expected to rise over the forecast period. According to FMI, revenue from transformer monitoring systems will increase at a CAGR of 10.1 percent between 2021 and 2031.

The transformer monitoring system is a process-oriented system that measures quantities such as voltage and current, estimates measurement data using an algorithm, generates trends, and monitors models. During the assessment period, the introduction of internet of things (IoT)-based smart transformer technologies will boost market growth.

Request Sample@ 
https://www.futuremarketinsights.com/reports/sample/rep-gb-2378

Green transformers are gaining popularity due to its low carbon footprint and high efficiency and reliability. To monitor these new transformers retrofit installations are required. Increasing renewable energy penetration and rising sales of green transformers will accelerate the demand for retrofit transformer monitoring system in upcoming years.

According to International Energy Agency, global electricity consumption reached 22,848 TWh in 2019. China, India, Russia, and Brazil account for more than 39% of global consumption. Rise in electricity consumption in developing countries will boost the market sales over the forecast period.

Top manufacturers are striving to reduce the installation cost of the monitoring system and make them more reliable and accurate. However, unpredictability in terms of regulatory policies and strained supply chain system are the key challenges influencing the global market for transformer monitoring systems.

Key Takeaways from FMI’s Transformer monitoring system Market Study

  • North America transformer monitoring system market will exhibit stupendous growth at 10.6% CAGR through 2031, due to rapid industrialization, growing necessity to upgrade monitoring system with respect to transformers in U.S. and Canada.
  • Europe transformer monitoring system market led by Germany is forecast to grow at 7.6% CAGR during the forecast period. Rise in growth can be attributed to rising adoption of green transformers and presence of leading manufacturers in the region.
  • Incorporation of modern monitoring system to tackle power outage and related issues in urban area will drive the demand for transformer monitoring systems in India.
  • Japan and South Korea account for 3% of global transformer monitoring system market share in 2021. Increasing need to monitor large and complex power network and high demand of retrofits installation are key growth drivers in these countries.
  • By product type, software segment is projected to surpass the market valuation of US$ 277 at a CAGR of 10.3% in 2021. Advancement in big data analytics and introduction of internet of things (IoT) in monitoring system will drive the market growth of this segment.

“It will be interesting to see how modernization in electricity transmission system will influence the demand for transformer monitoring system during the forecast period. Rising necessity to upgrade monitoring system to comply with green transformers will boost the market growth in upcoming years,” says the FMI analyst.

Who is Winning?

Future Market Insights highlights the key trends emerging in the transformer monitoring system market and discusses the strategies employed by market players to strengthen their market position.

FMI estimated that the power transformer market is dominated by ABB, General Electric, Siemens AG, Maschinenfabrik Reinhausen GmbH, and Groupe Cahors S.A. Out of these top market players ABB holds around 14% of global market share, General Electric holds 10%, Siemens AG holds 12%, Maschinenfabrik Reinhausen GmbH holds 8%, and Groupe Cahors holds 5% of global market share, says FMI.

Customization Before Buying, Visit@
https://www.futuremarketinsights.com/customization-available/rep-gb-2378

They are focusing on new product development to reduce the carbon footprint and are also emphasizing on expanding in overseas territories for business development.

  • For instance, ABB introduced its new model based monitoring system in April 2019. This system was used in combination with standard substation equipment and was presented in MicroSCADA Pro. This allows easy performance evaluation while in service and can detect imminent faults.
  • H2scan launched the “Gen 5 System” designed to reduce the risk of explosion in high voltage transformer. The new system is said to be compatible with wide range of transformers.
  • Hitachi ABB Power Grids recently introduced Txpert™ bushing monitoring and diagnostic system which enables real time monitoring for power transformers. The new system combines voltage reference and sum of current capabilities of Coretec™ 4, TXpert™ Hub with TXpert™ ready bushing sensors to deliver real time solution for digital bushing monitoring and enable smarter decisions based on obtained data.

Prominent players operating in the transformer monitoring system market are:-

  • ABB Group
  • Siemens AG
  • General Electric
  • Mitsubishi Electric Power Products Inc.
  • Eaton Corporation
  • Hitachi Ltd.
  • Qualitrol Company LLC
  • Koncar-Electrical Engineering Institute Inc.
  • Maschinenfabrik Reinhausen GmbH (MR)
  • CETT Co., Ltd.
  • Groupe Cahors
  • Camlin Power
  • MTE Meter Test Equipment AG
  • Advanced Power Technologies LLC

More Insights on the Transformer monitoring system Market

In its latest report, FMI offers an unbiased analysis of the global transformer monitoring system market, providing historical data for the period of 2017-2027 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of by product type (hardware and software monitoring system), by application type (dissolved gas analysis, partial discharge, bushing monitoring, cooling control, and voltage regulation system), by installation type (newly installed units and retrofit units), by end use (power transformers, distribution transformers, and other transformers), and by region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa)

About Us:

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs

Tower Crane Market In Construction Output Is Expected To Grow By An Average 7.1% Each Year by End 2031

Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade.

The recessionary effects of COVID-19 on construction activities slowed demand for tower cranes in 2020, resulting in a delay in new and rental sales of tower cranes. However, with the exception of a few countries, construction activity has resumed at a healthy pace following the second quarter of the fiscal year. With the sector in recovery mode, the market’s immediate and long-term growth outlook for Tower Cranes remains positive.

The study examines demand for tower cranes. The global tower crane market has been examined in terms of covid-19 impact, macroeconomic factors, market trends, and market history. According to FMI’s research scope, the market has been analysed by applications, customers, and regions. The report gives us qualitative and quantitative information on various players in the market. Also, this report tracks the market by both supply side and demand side.

Request Sample PDF For About This Report @ 
 https://www.futuremarketinsights.com/reports/sample/rep-gb-4620

KEY TAKEAWAYS FROM TOWER CRANES MARKET STUDY
  1. Following negative returns amid COVID-19, the tower crane market is forecast to register a little below 4% Y-o-Y growth in 2021
  2. The U.S. will continue accounting for maximum sales in North America, holding over 85% of regional market share
  3. The U.K. market is likely to register 3.7% Y-o-Y growth in 2021 backed by recovering construction activities
  4. The demand from Germany and France will account for considerable sales within Europe
  5. China will emerge dominant in East Asia, while Japan and South Korea markets will continue exhibiting growth at a positive pace.

 “Increasing investment in commercial construction as well as in the construction of civic in recent years is expected to provide an impetus to tower cranes sales. Rental base sales will continue to have a greater weightage as against direct ownership based procurement. Competitive price offering, increase in end user satisfaction on the performance, use of advanced technologies are the key strategies adopted by manufacturers operating in the market,” says FMI analyst.

WHO IS WINNING?

Tower crane market is likely to grow at a moderate pace during 2021-2031. However, as it is a mature market hence companies are expected to concentrate increasingly on research and development activities. This will be aimed at developing more in the field of construction equipment that meet personalized requirements of consumers. Collaboration with regional construction contractors or construction companies as a prime strategy expected magnify in the forecast period.

Talk To analyst @
https://www.futuremarketinsights.com/request-advisory/rep-gb-4620

Compititive Landscape:

The tower crane market is moderately competitive, with presence of large number of players operating in the market. Some of the players are focusing to carve a niche for specific demography. The market has been benefiting from robust partnerships with high focus on innovations. This has led to a series of tower crane launches in the last few years.

For instance:

  • In 2020, Potain launched a tower crane focusing on home building and high-rise.
  • Comansa has recently launched the largest crane, called 21CM750, manufactured at its plant in Hangzhou.

Some of the leading companies operating in the market are:

  • Zoomlion Heavy Industry Science & Technology Company Ltd.,
  • Xuzhou Construction Machinery Group Co., Ltd.,
  • Liebherr,
  • Terex Corporation,
  • Manitowoc,
  • Sany Group,
  • Action Construction Equipments,
  • Konecranes,
  • Raimondi,
  • Comanasa S.A.

Facing challenges such as high cost of the equipment, setup time, and safety of the workers has always been one of the prime concerns of end users. Against this backdrop, some of the leading manufactures within the market are focusing on the development for enabling easy maneuverability of the tower cranes coupled with increasing the production capabilities.

Some of them already have developed and launched advanced tower cranes in the market and several others are likely to follow the suit to keep pace with dynamic market environment. According to FMI’s analysis, tower crane sales have grown at 0.4% CAGR between 2016 and 2021.

Tower Crane Market

By Lifting Capacity:

  • Up to 5 Tons
  • 5 to 10 Tons
  • 10 to 20 Tons
  • 20 to 30 Tons
  • 50 to 250 Tons

By Design:

  • Top Slewing
  • Bottom Slewing

By Product Types:

  • Self-Erecting
  • Hammer Head Cranes
  • Luffing Jib Cranes
  • Mobile Cranes

By End-Use:

  • Building & Construction
  • Civic infrastructure
  • Marine & Sea Ports
  • Mining
  • Others

By Region:

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

About Us:

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
LinkedIn| Twitter| Blogs