Market Research Blog

The global tunable diode laser analyzer market is expected to generate a $435 million incremental opportunity by the end of 2022. Tunable diode laser analyzer sales are expected to exceed US$ 800 million by 2032, rising at a robust CAGR of 9% between 2022 and 2032. The increasing introduction of novel tunable diode laser analyzers with advanced features, as well as the emergence of return on investment policies on installation, are driving market growth.

Tunable diode laser analyzers are gaining a wide range of applications across industries such as petrochemical, food & beverage, oil & gas, and energy & utility for identifying the proportion of gases such as carbon dioxide, methane, water vapors, flare gas, tail gas, and others.

Tunable diode laser analyser measures corrosive and highly hazardous gases. The tunable diode laser analyser uses accurate and highly responsive measuring signals for process control systems and hence helps in improving yields, safety and energy efficiency in various industrial processes.

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Tunable Diode Laser Analyser Market: Drivers & Restraints

The key market driver for tunable diode laser analyser is the growth in the industries such as oil & gas, cement, metal and power which demands for analysers, emission monitoring and incineration. Tunable diode laser analyser has high component selectivity, easy maintenance, low installation cost and fast response which makes it a preferred device in broad range of industrial processes.

Tunable diode laser analyser is one of the critical factor which provides crucial information about the chemical composition in the process industries. Tunable diode laser analyser has large opportunity in process industry as its applications are not restricted to monitoring only. It also contribute towards the preservation of environment and reduction of running cost. However the key challenge faced by tunable diode laser analyser is the rising infrastructure cost which may inhibit the market growth.

Tunable Diode Laser Analyser Market: Region-wise Outlook

Currently APAC has the largest market share for tunable diode laser analyser, followed by North America. It is expected that Europe will have the fastest growth rate as compared with other regions. As the demand of chemical industries is increasing, North America is also expected to have a significant market share in global tunable diode laser analyser market during the forecast period.

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Tunable Diode Laser Analyser Market: Key Players

Some of the market participants in the global tunable diode laser analyser market are Yokogawa, Servomex, Siemens AG, Honeywell, Sick AG, Emerson Process Management, ABB ltd, Neo Monitors, Mettler Toledo, Ametek Process Instruments.

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

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

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Tunable Diode Laser Analyser Market: Segmentation

On the basis of end user industry, the global tunable diode laser analyser market is segmented into,

• chemical/petrochemical
• Power/ utility
• Water and Wastewater Treatment
• Food and Beverages
• Fertilizer
• Pharmaceuticals
• Pulp & Paper
• Mining
• Cement
• Glass

On the basis of application, the global tunable diode laser analyser market is segmented into

• Gases
• Syngas
• Coke-oven Gas
• Refinery Fuel Gas
• Natural gas
• Green House Gas
• Flare Gas
• Tail Gas
• Fertilizer Off Gas
• DeNOx
• Incineration
• Emission Monitoring
• Boilers
• Carbon Black Producers
• BFO
• BOF
• SRU
• FTC/GTC for Aluminium
• Nuclear
• Fertilizer Urea
• Electric Arc Furnace
• Others

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The global marine bearings market is expected to be worth US$ 8543.0 million by 2032, up from US$ 5622.0 million in 2022, with a CAGR of 4.3 % over the forecast period.

The marine bearings are critical in any marine vessel, whether it is a luxury cruise ship or any other ship used for transportation or a warship to protect the nation’s water borders. This factor is likely to have an impact on the growth of the marine bearings market between 2022 and 2032.

Marine bearings are primarily used to support the engine in the transmission of power and load. As a result, the market size for marine bearings is expected to grow.

Marine Bearings is of critical importance in any marine vessel whether it is a cruise ship with full of luxury and comfort or any other ship which is used for transportation or a warship to protect the water boundaries of a nation. Its prime application is to provide support to the engine in transmission of power and load.

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To prevent condition, marine bearings specifically made using material and process that suits the harsh under water environment is used. Marine bearings are specifically designed for this type of conditions and are made from fiber reinforced composite, nitrile rubber lining, Brass shell nitrile rubber lining, non-metallic phenolic nitrile rubber lining, other polymers etc. These bearing are corrosive resistant and are stable even in salt water and also provide superior reliability even at extreme water temperature with limited lubrication requirement. Long-operational life is a prime criterion for selection of bearing

Marine Bearings Market: Market Dynamics

Increase in trade among the nation in the present era of globalization can be considered as the major factor behind the growth of shipping and marine industry. The rise in water-based logistics activities has led to a continuous increase in sea traffic which has fuelled the demand for ships & cargos in the past few years and it is expected to boost the shipbuilding industry in the forecast period, which in turn will create demand for marine bearings market over the forecast period.

Also, Growth in travel, transportation and leisure sector is an important driving factor associated with the marine bearings market.  Repair and maintenance demand of components is also expected to create future market opportunities in the aftermarket segment and expected to leverage market growth. Significant opportunities exist in the market for technological advancement of products so as to provide better performance and enhanced features.

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Marine Bearings Market: Regional Outlook

Asia Pacific is expected to remain the most attractive market for marine bearings. It has a high demand for marine bearings driven from the growing ship building industry in this region. However, in terms of production Europe and North America is expected to hold major share of the marine bearings market. Where North America is expected to be a prominent market in terms of demand. Rest of the world market is estimated to account for a relatively small share of the marine bearings market.

Marine Bearings Market: Market Participants

Some of the examples of the market participants operating across the value chain of the global Marine Bearings Market are:

Some of the examples of market participants in the global Marine Bearings Market, identified across the value chain are,

• TENMAT Ltd
• Trelleborg Sealing Solutions
• Thordon Bearings Inc.
• Orkot® Marine
• Teignbridge Propellers International Limited
• VERSITEC MARINE
• HORN International AS
• SKF group
• Chatfield Engineering Limited
• CJR Propulsion.
• CRAFTED WITH CRAFTSMAN MARINE
• ELCIHE RADICE Spa
• Italian Propellers S.r.l.
• Lewmar Limited

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

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Marine Bearings Market:Market Segmentation

Global Marine Bearings market can be segmentedon the basis of type of  vessel  as;

• Merchant marine vessel
• Navy Marine Vessel
• Yachts Marine Vehicle

Global Marine Bearings Market can be segmentedon the basis of area of typeas;

• Main Bearing
• Top End Bearing
• Bottom End Bearing
• Thrust Pad bearing
• Pedestal bearing

Global Marine Bearings Market can be segmentedon the basis of material as;

• Lead Bronze Bearing
• Bi-metal Bearing
• Tri Metal Bearing
• Others

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The global air audit equipment market is expected to be worth US$ 12,850.8 million by 2032, with a CAGR of 2.8% from 2022 to 2032. The automotive industry is expected to be a significant consumer of air audit equipment during the forecast period, thereby supporting market growth. As of 2022, the market is likely to reach US$ 9,749.9 Million, representing a Y-o-Y incline worth 2.8% from 2021.

Air audit equipment are used by various end use industry to improve system reliability, reduce unscheduled downtime, increase productivity and reduce energy and repair cost. Air audit will help you identify and define your system problems, whether they are in distribution, supply or demand and recommending solutions, permitting you to meet your return on investment goals.

The different equipment used in air audit are particle counter, pressure meter, flow meter, differential pressure meter, leak detector and energy meter. Air audits are executed to form a baseline of energy consumption for a compressed air system. Through data logging and careful review of compressed air system, these baseline are determined along with an analysis of the utility data.

Air audit equipment are used by various end-use industries, such as automotive, oil & gas, food & beverages and chemical and petrochemical industries. Among these, audit equipment are highly used by the oil & gas and food & beverages industries.

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Global Air Audit Equipment Market: Dynamics 

Drivers:

Air audit equipment reduces the annual spending and overall operation budget, which is expected to be a major factor driving the growth of air audit equipment market over the forecast period. Moreover, leakage is a significant source of wasted energy. An audit equipment can quickly identify the biggest leaks currently affecting the energy consumption.

This will give traction to the growth of air audit equipment market in the near future. Furthermore, air audit equipment ensures that all the equipment are operating at peak performance, provides safety to the workers and speed up processes in production by upgrading inefficient equipment. These are the factors which will further drive the air audit equipment market during the forecast period.

That apart, the different benefits of air audit equipment such as avoid purchase of new equipment and identify silent leaks will also add to the growth of market.

Restraint

Lack of commercialization is expected to be a major factor hampering the growth of the air audit equipment market over the forecast period. Moreover, unfavorable economic conditions and renewable source of energy also act as a restraining factor to the growth of air audit equipment market in the near future. Furthermore, slowdown in the demand of equipment will further obstruct the growth of the market.

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Global Air Audit Equipment Market: Participants 

Examples of some of the market participants identified across the value chain of the global air audit equipment market include:

• Elgi Equipments Ltd
• Nessco Pressure Systems
• Forbes Marshall
• SMC Corporation
• AIRFILTER ENGINEERING

• Peerless Energy Systems
• HTE Technologies
• Air Energy
• US Equipment
• SKF

• Northern Dock Systems Inc.
• ANGSTROM PTE LTD
• HTE Technologies
• MGM Industrial Solutions

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

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Key Segments Profiled in the Global Air Audit Equipment Market Report

Air Audit Equipment Market by Equipment Type:

• Air Audit Particle Counter
• Air Audit Oil Vapor Measurement
• Air Audit Pressure Meter
• Air Audit Flow Meter
• Air Audit Differential Pressure Meter
• Air Audit Leak Detector
• Air Audit Energy Meter
• Air Audit Dew Point Meter

Air Audit Equipment Market by End Use:

• Air Audit Equipment for Automotive
• Air Audit Equipment for Oil & Gas
• Air Audit Equipment for Food and Beverage
• Air Audit Equipment for Power Generation
• Air Audit Equipment for Mining
• Air Audit Equipment for Chemical and Petrochemical Plants

Air Audit Equipment Market by Region:

• North America Air Audit Equipment Market
• Latin America Air Audit Equipment Market
• Europe Air Audit Equipment Market
• Asia Pacific Air Audit Equipment Market
• Middle East and African Air Audit Equipment Market

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The global market for navigation, imaging, and positioning solutions is expected to exceed $7 billion by 2022. Adoption of these solutions in homes, hospitals, and warehouse management will drive sales at a staggering 27 % CAGR, pushing the market valuation to around US$ 24 billion by 2032.

In the epoch of automation, the ability to navigate devices and persons has become increasingly important for rising number of applications. With the emergence of GPS (Global Positioning System) the outdoor positioning has become outstanding but many applications require coherent positioning capabilities in all the environments. In view of this, indoor positioning has become a focus of research and development in the past decade.

The number of relevant requirement parameters is large like accuracy, integrity, coverage, latency, update rate, availability, costs, robustness, infrastructure, privacy. Along with the diverse number of technologies available, making it further complex to match a suitable technology with an application.

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The navigation, imaging and positioning solutions has number of applications ranging from location based services in indoor environments, detection of lost items at home, ambient assistant living systems, in hospitals for location tracking of patient, medical equipment and personnel in emergency situations, in social networking to govern social integration, environmental monitoring to observe phenomena such as heat, humidity, pressure, air pollution and deformation of structures. WSN (Wireless Sensor Network) is set-up to monitor these parameters in indoor as well as outdoor space via organization of multiple sensor nodes.

It has significant benefits in rescue and fire services, law enforcement such as instantaneous detection of theft, crime scene recovery, geofenceing. Mass application is in intelligent transportation to provide seamless navigation for vehicles through extension of road guidance inside parking garages. In industry it plays a critical role in the automatic manufacturing, for the development of intelligent systems.

These systems act as an essential functional element in the smart factories for improvement of safety systems, intelligent worker protection and collision avoidance. In Logistics and Optimization, it is quite essential to have information about the location of assets and staff members. In Western economies, one tenth of the GDP contribution comes from navigation systems. In the coming decade the navigation, imaging and positioning solutions market will see a massive boost with the introduction of advanced technologies and satellites.

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Navigation, Imaging and Positioning Solutions Market: Drivers & Restraints

Rising infrastructure investments necessitates the requirement of positioning for cargo management systems for rail traffic, airports and ports. Large construction sites require positioning systems to support the information management system. Aforementioned are some of the key factors driving the growth of the navigation, imaging and positioning solutions market.

Changes in the allocation of radio frequency bands, cost of sensors, safety, development time and customization associated with the navigation, imaging and positioning solutions, dependency on external suppliers for components are probable factors restraining the growth of the navigation, imaging and positioning solutions market.

Navigation, Imaging and Positioning Solutions Market: Overview

With rapid technological advancements and increasing risks on security; the acceptance of navigation, imaging and positioning solutions is gaining popularity. The global navigation, imaging and positioning solutions market is expected to expand at a promising CAGR during the forecast period (2015-2025).

Navigation, Imaging and Positioning Solutions Market: Region-wise Outlook

The global navigation, imaging and positioning solutions market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global navigation, imaging and positioning solutions market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global navigation, imaging and positioning solutions market in terms of market revenue followed by Europe and Russia. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global navigation, imaging and positioning solutions market value exhibiting a robust CAGR during the forecast period, 2015?2025.

Navigation, Imaging and Positioning Solutions Market: Key Players

Some of the key market participants in global navigation, imaging and positioning solutions market are Topcon Positioning Systems Inc, iXBlue, Trimble Navigation Limited, Sonardyne, Leica Geosystems, Kongsberg Maritime, NovAtel Inc, BlackRoc Technology.

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Navigation, Imaging and Positioning Solutions Market: Segmentation

The global navigation, imaging and positioning solutions market is broadly classified on the basis of applications, physical principle used in the operation and geographies.

Based on application, the global navigation, imaging and positioning Solutions market is segmented into:

• Defense
• Maritime
• Land & Survey
• Photonics
• Space

Based on physical principle used in the operation, the global navigation, imaging and positioning solutions market is segmented into:

• Inertial Navigation
• Mechanical Waves
• Electromagnetic Waves

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The advanced process control market is expected to grow at a 9.31 % CAGR during the forecast period. The constant rise in user demand, as well as the adoption of best practises to improve production and quality, as well as advanced automation and process controls, has resulted in significant growth in the APC system. However, it requires a large initial investment and is only suitable for large-scale production.

The constant rise in growing demand from users and adoption of best practices to improve the production and quality along with advance automation & process controls has led to significant growth in APC system. However, it comes with high initial capital and deems fit for large scale production.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Advanced Process Control market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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Manual process and human intervention are always prone to error in some extent, and with complex industrial process, the flaw and miscalculation could be enormous, which can lead to major business loss. APC, not only reduces the fault, but also predicts the inaccuracy of product estimates.

Key Players:

• General electric Co.
• Rudolph Technologies
• Yokogawa Electric Corp
• Emerson Electric Co.
• ABB Ltd.
• Aspen Technology
• Honeywell International, Inc.
• Schneider Electric Se
• Rockwell Automation, Inc.
• Siemens AG

The market outlook looks bright, but a high-end technology which require mammoth initial capital diminishes the prospects for small scale industries. Furthermore, it requires niche technological experts for implementation and deployment for optimal results. Automation is also seen as a threat by fewer economist as it reduces the manpower at a low level.

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Key segment:

By Industry Vertical

• Pharmaceuticals
• Oil & Gas
• Energy & Power
• Chemicals
• Manufacturing
• Automobiles
• Pulp & Paper

By Services

• Advanced regulatory Control
• Inferential Control
• Sequential Control
• Compressor Control

By Region

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

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The global marine base steering gear market was worth approximately US$ 1.6 billion in 2020 and is expected to grow at a steady CAGR of 5% between 2022 and 2032. The rapid expansion of the global maritime industry is driving demand for marine base steering gear.

Since the dawn of the first ships, which were steered by hand, marine base steering gears have been an essential component of a ship’s machinery. Furthermore, regardless of the ship’s operation, kind, or size, marine base steering gear integrated with a rudder system assists in ship turning when necessary, defining a complete turning mechanism.

The basic requirement of marine base steering gears are subjected and guided by rules and standards which implies to capability of turning or steering the ship from 35 degrees starboard to 35 degrees port and vice versa. Moreover, the major control systems and power units are duplicated so they can easily substitute during the failure along with the emergency power supply through emergency generator connected to additional power unit.

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Ram type marine base steering gear are the most commonly used type which is quite expensive in construction and designing. In the ram type marine base steering gear, the sense of rudder turning is guided by the action of hydraulic pump. On the other hand, the rotary vane type steering gear has a fixed housing where two vanes rotate where the housing with vanes form the four chambers.

Marine Base Steering Gear Market: Dynamics:

Rotary vane marine base steering gear is widely selected mechanism which provides low vibration and noise along with it ensures full torque availability at all rudder angles. Furthermore, rotary vane marine base steering gear also provides relatively more flexibility as steering gear is more optimized for the type of rudder used. These factors are estimated to drive the global marine base steering gear market during the forecast period.

Moreover, the rising demand of marine base steering gear for large and medium sized vessels and thus availability of 2, 3, or 4 vane options to propel the demand of global marine base steering gear market in the near future. Prominent factors such as compact size, excellent power-to-weight ratio, simplified maintenance, integrated rudder carrier are further expected to fuel the growth of global marine base steering gear market over the forecast period.

Stringent military standards and regulations for designing steering gear to lower the vibration, shock, and noise is projected to drive the global marine base steering gear market over the forecast period. Further, the robust and simple design of actuator type marine base steering gear provides redundancy and reliability which is expected to augment the growth of global marine base steering gear market in the near future.

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Marine Base Steering Gear Market: Regional Outlook:

Europe is estimated to register substantial growth in the global marine base steering gear market owing to strong investments done in France, Russia, and other EU countries over the last few couple of years. Furthermore, the recent deceleration witnessed in Chinese economy is anticipated to affecting various domestic industries which can pause implications for maritime economy across the globe. Shifts in demographic and population growth rates in the developing countries may pose implications for the maritime sector in the near future. Moreover, rising import rate of finished goods owing to increasing disposable income, lowering of commodity price is projected to drive the global marine base steering gear market during the forecast period.

Marine Base Steering Gear Market: Market Participants:

Some of the participants in global marine base steering gear market are:

• Data Hidrolik
• Brusselle Carral Marine
• Jastram Engineering Ltd.
• Wills Ridley Ltd
• REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o.
• Rolls-Royce plc
• KATSA OY
• Nufoss Services Pte Ltd.
• Palmarine

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Key Segments Profiled In The Marine Base Steering Gear Industry Survey

By Gear Type:

• Ram Type
• Rotary Vane Type

By Power Source:

• Hydraulic
• Electro-hydraulic

By Region:

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

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