Sulphur Recovery Technology Market Value to Grow by Almost $1.2 Billion During 2021-2031

According to the recent research report published by Future Market Insights, the sulphur recovery technology market is expected to exhibit an impressive CAGR of 11% during the forecast period of 2021-2031.

Newly released data by Future Market Insights (FMI), projects that the sulphur recovery technology market will reach valuation of US$ 1.2 Bn by 2021 and is expected to grow at compound annual growth rate (CAGR) of 11% for 2021 – 2031. The increasing production of shale gas will accelerate the growth with top market players holding 2/5th of sulphur recovery technology market share in 2021.

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Growth predictions remain positive for Europe due to increasing government expenditure on oil and gas industry and presence of leading market players in the U.K. and Germany. Spurred by this, the Europe sulphur recovery technology market is projected to grow at about 12% CAGR during the forecast period.

Key Takeaways of Sulphur Recovery Technology Market Study
  • Increasing exploration and production activities, especially those associated with shale gas, led to high demand for sulphur recovery technology units from refineries. Production of recovered sulphur from gas refining activities is increasing significantly, attributable to the rise of major gas refining activities across the globe.
  • In terms of plant capacity, there is a rising demand for sulphur recovery technology units with capacity of less than 100 t/d, owing to lower emission footprint, ease of upgradation, and relative cost-effectiveness as compared to other units.
  • Stringent environmental regulations regarding emission of hydrogen sulfide mainly released during oil & gas extraction, treatment, transportation, and refining are boosting the demand for development of cost-effective desulphurization technologies. For instance, environment legislation of EU (European Union) sets the standards for oil & gas refineries industries in Europe.
  • The oil and gas production in prevailing refineries is expected to have a greater impact on the growth and development of the global sulphur recovery technology market in comparison to new refinery bases.
  • In terms of value and volume, Europe and the MEA are identified as dominant regions throughout the forecast period. Increasing number of refineries projects in countries in Europe and MEA such as Saudi Arabia, Kazakhstan, and Russia, are expected to supplement the demand for sulphur recovery technology. These countries also have oil reserves, which in turn support the demand for sulphur recovery technology.

“APAC is one of the majorly profitable markets for players offering sulphur recovery technology, attributable to the establishment of new refineries to cater to growing demand for new gas refining units in the region,” says an FMI analyst.

Competitive Landscape:

The global sulphur recovery technology market has remained competitive with the presence of giant players having expertise in advanced manufacturing technologies, and product offerings for diverse applications.

  • Bechtel Corporation
  • Linde AG
  • Royal Dutch Shell Plc
  • Exxon Mobil
  • Jacobs Engineering Group Inc
  • Technip FMC plc CB&I
  • Chiyoda Corporation
  • Worley Parsons Ltd
  • GTC Technology
  • KT-Kinetics Technology SpA.

Such key players are adopting strategies such as expansion, acquisitions, and product launches, and are creating challenges for small-scale players.

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By Segment:

Technology

  • Claus Process
  • Tail Gas Treatment

Source of Recovery

  • Oil
  • Gas
  • Others

Capacity

  • <100 t/D
  • 101-200 t/D
  • 201-300 t/D
  • >300 t/D

Region

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

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Regional Outlook:

Future Market Insights comprehensively analyzed the sulphur recovery technology market by segmenting it into four regions- Americas, Asia Pacific, Europe, and the Middle East & Africa. In terms of value, Middle East & Africa is estimated to dominate the global sulphur recovery technology market.

However, on the basis of annual growth rate, the North America is expected to register an impressive growth at 19% CAGR in the global sulphur recovery technology market in 2021, owing to increasing oil & industry in this region.

Europe market is also projected to grow at 12% CAGR throughout forecast period, on the back of substantial consumption of sulphur recovery technology in the region.

global vibrating screen market is estimated to increase at a CAGR of ~7% During 2019 and 2029: FMI

Future Market Insights (FMI), in its latest research, evaluates the vibrating screen market which includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the vibrating screen market and provides critical insights for the forecast period of 2019-2029. As per the research, the global vibrating screen market was valued at ~ US$ 1 Bn in 2018, and is estimated to increase at a CAGR of ~7% between the forecast period of 2019 and 2029.

The Battle between Polymeric Integration and Ebbing Demands

Vibrating screens made of polyurethane materials are ideal for grading, dehydration and processing of coal, iron ore, gold and other minerals on account of their ability to separate most of the materials from coarse stones to granular materials, making them a perfect fit for both dry and wet materials.

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Upswing in mining processes to suffice the requirement for precious metals and hard rock minerals as well as in construction activities to build infrastructure assets is the messiah of pain points of the global vibrating screen market, suggests FMI. On the contrary, the growth trail will get hindered by tumbling mining operations on grounds of environmental amendments to curb carbon footprint and high attrition rate among miners due to on-site adversaries.

Vibrating screens have been hitting the mark with innovations over the years as sieving equipment in grading and screening of the required material, which would have been otherwise impossible. FMI’s study suggests that major market players are including add-ons to the existing and new equipment for better screening efficacy and elongated life-cycle.

Demand for Circular Vibrating Screens in Mining Industry to See an Upturn

Circular vibrating screens are inundating more than half of the market revenues, as per FMI’s study. The mining industry, including coal mines, and quarrying sites, is leveraging circular vibrating screens owing to their ability to classify materials with large specific gravity, large particles and great rigidity. The exciter of circular vibrating screens is mounted above the center of gravity of the screen box and the upper tip of elliptical long axis of the feeding end is positioned towards the leakage direction, which results in higher processing capacity per unit time than that of its linear counterpart.

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On the flip side, the complexity of shakers and fast-rate rotation of the two shafts in linear vibrating screens imply high fueling demands. Further, the FMI’s study finds that linear vibrating screens are chiefly utilized for classification of fine particles, light weight, and low stiffness materials, making them suitable for industries such as, building materials, chemical, and pharmaceutical.

Market Taxonomy

The global vibrating screens market is segmented in detail to cover every aspect of the market.

By Product Type

Linear Vibrating Screens Circular Vibrating Screens Elliptical Vibrating ScreensBy Drive Type

Direct Drive Indirect DriveBy End-Use Industry

Construction Mining Recycling Others (Iron & Steel, Power, etc.)By Region

North America Latin America Europe East Asia South Asia Oceania Middle East & Africa Emerging Countries China Australia SerbiaManufacturers showing Stauncher Inclination toward Direct Drive System

As per the FMI’ report, adoption of direct drive system in vibrating screen accounts for more than 50% of the market revenues owing to the absence of gearboxes and belts in the design, which results in lesser wear and tear between the components. The direct drive system is cost-efficient as the moving parts in the operation and framework are less complicated. For noise abatement, the direct drive system comes up with simple arrangement and lesser moving components which may vibrate during mechanism. Furthermore, the reduced number of kinetic parts prevent easy loss of energy due to friction, enabling better efficacy, improved accuracy and increased life-cycle of the vibrating screen components. The indirect drive system, on the other hand, is subjected to friction between constituents including, gears, couplers, and pulleys, implying decreased efficiency and precision.

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry.

This study tracks the growth of global Vibrating Screen Market over the course of 2019-2029. For more insights, write to the analyst at press@futuremarketinsights.com

World Odour Control System Market Report | Size, Growth, Demand, Scope, Opportunities and Forecast 2020-2030

The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2018 and market forecast for 2019–2029. The study observes the odour control system market and offers detailed perceptions for the forecast period of 2019-2029. According to the analysis and study done in the report, the global odour control system market is anticipated to observe prominent progress, due to increasing adoption in the chemical industry.

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The odour control system market is estimated to be valued at ~ US$ 1 Bn in 2019, and is projected to increase by ~ 5% CAGR during the forecast period of 2019-2029.

The odour control system market has a high potential to grow in regions such as Asia Pacific Excluding Japan (APEJ) and North America. Significant innovations with incorporation of advanced technologies meeting regulations are expected to emerge as a product differentiator in the odour control system market.

  1. The market value of global odour control system in 2019 is estimated at ~ US$ 1
  2. During the forecast period of 2019-2029, the odour control system market is anticipated to grow at a CAGR of ~5%.
  3. Adoption of odour control systems in chemical & petrochemical industry is likely to account for relatively high sales over the forecast period.
    • The growth in demand for odour control systems in the chemical and petrochemical industry can be primarily attributed to their increasing usage in existing as well as new industrial plants.
  4. APEJ (Asia Pacific Excluding Japan) is anticipated to hold more than one third of the revenue shares in the odour control system market by the end of 2029.
    • APEJ will continue to be an opportunistic market for odour control system manufacturers and distributors, owing to increasing industrial and infrastructure development.
    • The odour control system market in Japan is also anticipated to grow at significant rate, complying with the stringent regulations imposed by the government for controlling odour emissions through industrial as well as municipal sectors.
  5. Growing concerns towards E-waste maanagement and waste recycling services across the globe are anticipated to drive growth in odour control system installations

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Odour Control System Market: Vendor Insights

The global odour control system report emphasizes on some of the principal industry players. Some of the key players include Babcock & Wilcox Enterprises, Inc., CECO Environmental., Anguil Environmental Systems, Inc., Evoqua Water Technologies LLC, Scotmas Limited, Ecolab Inc., Tholander Ablufttechnik GmbH,among others.

By segmentation:

Key Segment

System

  • Physical Odour Control
    • Adsorption System
    • Ozone Generators
  • Chemical Odor Control
    • Chemical Scrubbers
    • Thermal Oxidizers
  • Biological Odour Control
    • Biofilters/Biotrickling Filters
    • Bio Scrubbers

Application

  • Waste Treatment Facilities
  • Food & Beverages
  • Pulp & Paper
  • Chemical & Petrochemical
  • Other Industries

Region

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

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The ongoing technological advancements and progression in investment for the storm water management projects and wastewater treatment facilities are expected to grow significantly over the forecast period. Odour control system manufacturers are focusing more on improving their market structures and offerings in the region. Emphasis on trade balance and increasing production by strengthening the manufacturing sector is currently the prime motive of the government in Japan. Also, the adoption of ‘best available technique’ is prominent in the country, which is likely to propel the demand for advanced odour control system.

Africa Zero Liquid Discharge System Market is projected to total US$ 27.7 Mn in 2021, growing at 5.4% CAGR: FMI

[200 Pages Report] As per a Future Market Insights (FMI), the Africa zero liquid discharge system market is projected to total US$ 27.7 Mn in 2021, growing at a positive 5.4% CAGR over the assessment period, from 2021 to 2031.

Product innovations in zero liquid discharge systems, along with robust after-sales service network and product customization offered by key market players, are expected to push sales of zero liquid discharge systems in Africa.

After countering the initial impact of the unprecedented COVID-19 outbreak, the Africa zero liquid discharge system market is expected to witness year-over-year growth at 5.0% between 2020 and 2021. FMI projects Germany, France, Spain, and South Africa to emerge as key producers in the Africa zero liquid discharge system market during the forecast period.

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The outbreak of COVID-19 in 2020 muted CAPEX investments and installations of processed equipment in various end-use industries. However, with accumulating production rates, along with dwindling water intake resources, sales of zero liquid discharge systems in Africa are expected to rise, opines FMI.

Besides this, stringent regulations regarding effluent management and discharge guidelines issued by regional authorities are propelling the adoption of zero liquid discharge systems in Africa, enabling lucrative growth prospects in the market in forthcoming years.

Owing to the rising demand for zero liquid discharge systems, market players are offering after-sales services, complete installation, pre-packed systems, and robust after-sales services to gain a competitive edge in the market. This factor is driving developments and technological advancements in ZLD systems, which is fostering sales of the same.

Increasing scope of zero effluent discharge and provision of reuse in process stages is driving sales of hybrid zero liquid systems over conventional effluent management systems. Hybrid zero liquid discharge systems offer high efficiency and reduce energy consumption, while offering long-term economic benefits.

Besides this, expansion of chemicals, petrochemicals, mining & metallurgy, and textile industries will continue spurring demand for zero liquid discharge systems in the forthcoming years.

New system installations and overhauling of traditional effluent treatment plants will positively shape the demand outlook for zero liquid discharge systems over the forecast period. Along with this, increasing investments in the energy, mining and pharmaceutical industries will create lucrative prospects for market players in forthcoming years,” says the FMI analyst.

Key Takeaways of Zero Liquid Discharge System Market Study

  1. Based on system type, conventional ZLD segment is estimated to account for over 60% of the market share in 2021.
  2. Applications of ZLD systems in mining & metallurgy are expected to gain traction. The segment is projected to grow high CAGR of over 5.5% in 2021.
  3. Northern Africa and Southern Africa have been estimated to be the leading regional markets in terms of revenue generation, valued at US$10.9 Mn in 2021.
  4. Namibia is expected to emerge as an attractive market, accounting for 27.5% of the African zero liquid discharge system market share.

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Africa Zero Liquid Discharge System Market by Category

By System Type:

  • Conventional
  • Hybrid

By Application:

  • Power Generation
  • Oil & Gas
  • Chemicals & Petrochemicals
  • Mining & Metallurgy
  • Pharmaceuticals
  • Food
  • Textile & Leather
  • Paper
  • Others

By Country:

  • Northern Africa
    • Egypt
    • Morocco
    • Algeria
    • Tunisia
  • East & West Africa
    • Ethiopia
    • Kenya & Tanzania
    • Nigeria
    •  Ghana
    • Senegal
  • Southern Africa
    • Angola
    • Zimbabwe
    • Namibia
    • Mozambique
    • South Africa

 Competitive Landscape

As per FMI’s analysis, the zero liquid discharge system market in Africa is highly merged, with leading players accounting for nearly 3/5th of the market share. Some of the key players in the market are Veolia, SUEZ, GEA Group, ANDRITZ AG, Thermax Global Limited, IDE Technologies, Alfa Laval AB, Multotec Group, Condorchem Envitech, Cannon S.p.A. and Ion Exchange India Limited.

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Top 5 players operating in the Africa zero liquid discharge system market include Veolia, SUEZ, GEA Group, Alfa Laval AB, and Multotec Group.

As a part of their growth strategies, key players are focusing on partnerships, project order bids, collaborations, acquisitions, technological advancements and innovations to strengthen their presence in the market. For instance:

  • In September 2021, Veolia Water Technologies announced the development and construction of a next-gen recycling service center and mobile assets in Dammam, Saudi Arabia. The production facility will regenerate and recycle resins used in mobile water treatment process.

Tower Crane Market Share, Global Industry Size, Growth, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2021

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.

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The research report analyzes demand for tower crane. The global tower crane market has been analyzed upon covid-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of applications, customers & regions. The report gives us qualitative and quantitative information on various players in this market. Also, this report tracks the market by both supply side and demand side.

Demand for tower crane waned in 2020, due to the recessionary effects of COVID-19 on the construction activities, resulting in retardation of new and rental sales of tower cranes However, barring a few countries, the construction activities has resumed at a healthy rate post Q2 of the financial year. With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of Tower Cranes the market remains positive.

The tower crane market has registered substantial growth in the last few years. This growth trend is projected to continue over the coming years on the back of increasing applications of tower crane on construction sites across the globe. These cranes have applications across diverse sectors, including building & construction, civic infrastructure, marine & sea ports, mining, and others. Considering this, expansion of construction and civic utility activities will create scope for application, encouraging growth in the coming years.

In its new study, ESOMAR-certified market research and consulting firm, Future Market Insights (FMI), offers insights about key factors fueling the demand for tower crane. The report tracks the global sales of tower crane in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the building and construction industry in general, and tower crane in particular.

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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.

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.

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By Segment:

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 Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

Aircraft Ground Support Equipment Market Assessment and Key Insights Analyzed Till 2031

Future Market Insights (FMI) in its latest analysis forecasts that the aircraft ground support equipment market will expand at a healthy CAGR of 6.5% between 2021 and 2031. The market valuation is set to reach US$ 9.7 Bn by 2021 end.

FMI also forecasts that the airport ground support equipment sales to top 27,000 units by 2031-end owing to the increasing passenger movement across the world. North America will continue leading the global aircraft ground support equipment market, exhibiting demand at a CAGR of 6%.

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ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts the global aircraft ground support equipment (GSE) market to register a CAGR of 6.5% between 2021 and 2031, reaching a market volume of around 27,000 units by 2031 end.

Establishment of new airports along with rising air traffic across the globe is creating huge demand for ground support equipment.

Airport authorities are increasing investment towards improving operational efficiency.  Implementation of sophisticated aircraft ground support equipment is intended to reduce the downtime across airports.

Introduction of electric and hybrid ground support equipment has completely changed the market scenario. These equipment not only minimize emission but also reduce costs and improve efficiency of aircrafts. The ground support equipment market registered a healthy year-on-year growth of 6.6% CAGR between 2020 and 2021.

Due to the outbreak of COVID-19, cargo operations increased considerably as demand for timely transportation of medicines and vaccines rose. The increasing demand for refurbished ground support equipment will further strengthen growth prospects for the global market.

With the expansion of the aviation and tourism industry across the world, the ground support equipment market is set to reach a valuation of US$ 9.7 Bn in 2021.

“Innovations in ground support equipment and availability of ground support equipment rentals will create lucrative growth opportunities for the aircraft GSE manufacturers in the future” says the FMI analyst.

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Key Takeaways from FMI’s Aircraft Ground Support Equipment Market Study
  • North America dominates the ground support equipment market as a result of well-established aviation industry. The regional market is set to register steady growth at 6% CAGR between 2021 and 2031.
  • Increasing investments in aviation industry will help China to maintain its dominance over the ground support equipment market during the forecast period.
  • The market in India is expected to offer lucrative growth opportunities to aircraft GSE manufacturers.
  • In terms of power, electric segment is expected to remain dominant owing to the increasing demand for sustainability and green aircraft GSE.
  • By equipment type, the aircraft service segment is expected to remain dominant in the aircraft ground support equipment market, followed by cargo loading and passenger services.

By Segment:

Equipment:

  • Passenger Services
    • Boarding Steps & Stairs
    • Airport Buses & Transport
    • Beds/Chairs Lifts
  • Cargo Loading
    • Container Loaders
    • Belt Loaders
    • Cargo Transporters
    • Cargo Dollies
  • Aircraft Service
    • Refuelers
    • Tugs & Tractors
    • Ground Power Units (GPU)
    • Air Start Units (ASU)
    • Lavatory Service Vehicles
    • De-icing Vehicles
    • Rescue & Firefighting
    • Air Conditioners
    • Others

  Power:

  • Electric
  • Non-electric
  • Hybrid

Ownership:

  • New Sales
  • Rental/Lease

Application:

  • Commercial
  • Defense

Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APAC excluding Japan
  • MEA
  • Japan

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Competitive Landscape

Key players operating in aircraft ground support equipment market are focusing on expanding their business through contracts with airlines across different regions. They are also adopting various organic and inorganic growth strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market.

In August 2021, Thales partnered with Dragonair Airport GSE service Ltd. to provide an advanced Instrument Landing system (ILS) solution in fully supporting the three-runway system (3RS) expansion project at the Hong Kong International Airport (HKIA). This will enable to further improve the capacity and efficiency of aircraft landing while maintaining the highest standard of flight safety.

In 2019, JBT Corporation announced that it has signed an agreement to acquire Lektro, Inc., a privately held manufacturer of electric aviation ground support equipment based in Warrenton, Oregon.

JBT Corporation, Air T, Inc., Textron, Inc., China International Marine Containers (Group) Co., Ltd., Weihai Guangtai Airport Equipment Co., Ltd., Cavotec SA, ALVEST Group, MulagFahrzeugwerk Heinz Wössner GmbH u. Co. KG, Tronair, Inc., and Lektro Inc. and others.

Global Water Treatment Market Is Projected To Value Around US$ 112 Bn In 2030

The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market.

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Water Treatment System Market Outlook and Key Findings

The global water treatment system market is projected to value around US$ 112 Bn in 2030. Water treatment segment to witness rising momentum in coming years. Adoption in desalination process to surge through 2030. Municipality spaces to offer lucrative investment opportunities. North America and Europe currently lead the global adoption.According to the report, several key drivers are expected to fuel the growth of the global water treatment market during the forecast period. The notable driving forces include, growing awareness of the hazardous effects of impure water consumption, steady surge in demand for fresh water, adoption of water treatment systems, and demand for quality water from the domestic and industrial sector.

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The increase in the adoption of new technologies along with focus on R&D will play an instrumental role in shaping the overall growth of the water treatment market in 2019 and the coming years. Further, established players operating in the water treatment market are likely to increase investments in R&D activities, focus on the development of innovative water treatment systems, and offer cost-effective solutions.

In addition, existing players pushing for product innovation, collaborations with EPC companies and local municipalities, development of patented technologies and high capacity treatment systems are likely to gain a competitive edge in the current industry landscape.

Water Treatment System Market Future Outlook – COVID-19 to Highlight the Significance of Wastewater Analysis

Wastewater analysis is emerging as crucial way to examine community transmission of COVID-19. While polluted, unprocessed wastewater does not pose contagion risk, it provides medium of propelling infection rates in societies, and a potential early-warning system for new disease outbreaks.

Case in point, in the Netherlands, evidence of coronavirus were monitored in untreated wastewater six days before the first case was registered. Japan has already started to gather weekly specimens from treated and untreated sewage. Specimens from 15 sewage treatment facilities will be frozen and accumulated until techniques to extract and analyze the coronavirus come into existence.

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By Segmentation:

By System Type

Preliminary Treatment, 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, Other Sludge Treatment Technology,By Application

Process Water/ Water Treatment, Waste Water Treatment, Zero Liquid Discharge, Desalination,By End Use

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

North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East, Africa.

Delta Robots Market Global Industry Analysis For 2018 – 2028 : FMI

Delta robots are a type of parallel robots, having three arms attached to a joint at the base. These robots are also called spiders owing to their agility and spider-like arms. Delta robots are frequently used in picking and packaging applications in various factories.  They can execute over 300 picks per minute. Delta robots were initially developed for limited pay load or for packaging applications. However, currently, these robots have gained popularity in many end-use industries, such as high speed assembling, food processing, medical & pharmaceutical and many other industries.

Delta robots are smaller and quicker when compared to Cartesian robots. Maintenance of delta robots is less compared to other robots. Increasing adoption of delta robots is leading to increased productivity. That apart, these robots also help in maintaining the required hygiene standards. Hence, these significant features of delta robots will create a significant demand for them in near future.

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Global Delta Robots Market: Dynamics

Growing automation across all end-use industries to increase efficiency and overall output will drive the global market for delta robots in the future. Demand for high speed with accuracy is also one of the key factors responsible for high demand for delta robots from many end use industries.

Technological innovations and advancements coupled with development of advanced software, sensors and hardware is leading to the development of delta robots which are more intelligent and autonomous in terms of their capabilities. Growing adoption of internet of things has allowed manufacturers to control and monitor the tasks of delta robots with the help of smart devices from remote locations. This has increased the speed of operations and decreased the manufacturing cost, which is leading to an overall increase in demand for delta robots.

Global Delta Robots Market: Regional Outlook

The global market for delta robots is expected to witness robust growth in the Asia-Pacific region over the coming years. This can mainly be attributed to the growing packaging and assembling sectors of the region. The region is also expected to hold a dominant share in the global delta robots market. Hence, higher share coupled with robust growth of the region is going to create healthy growth opportunities for the manufacturers of delta robots in the future.

If we talk about developed countries of North America and Europe, higher demand is expected to be witnessed from assembling industries where delta robots are required to increase the efficiency and overall output. Japan is also going to hold a significant share in the global delta robots market, primarily because of higher adaptation of new and automated technologies in the country.

Global Delta Robots Market: Market Participants

Names of some manufacturers involved in the manufacturing of delta robots are:

  • ABB
  • Codian Robotics
  • FANUC Europe Corporation S.A
  • Omron Corporation
  • Kawasaki Heavy Industries
  • Penta Robotics
  • Maxon Motor
  • Cama Group
  • Estun Automation Co., Ltd
  • Robert Bosch GmbH

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.

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)

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

Global Delta Robots Market: Segmentation

The global market for delta robots can be segmented on the basis of dimensions, end use and region.

Based on dimensions, the global delta robots market can be segmented as:

  • 2D Robot
  • 3D Robots
  • 4D Robots
  • 5D Robots
  • 6D Robots

Based on end use, the global delta robots market can be segmented as:

  • Food & Beverages Industry
  • Packaging Industry
  • Medical & Pharmaceutical Industry
  • Electrical & Electronic Industry
  • Others

Based on region, the global delta robots market can be segmented as:

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

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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

 

Fire Extinguisher Market Share, Development by Companies Outlook, Growth Prospects and Key Opportunities by 2031

As per a Future Market Insights’ (FMI) analysis, the fire extinguisher market is projected to be valued at over ~US$ 3.6 Bn in 2021, expanding at a CAGR of ~5.7% over the forecast period of 2021-2031. The fire extinguisher market was estimated to clock at 3.5% CAGR between 2016 and 2020. Fire extinguishers are pressure vessels that contain a specialized extinguishing agent that aids in the control or dousing of a fire. Portable fire extinguishers are simple to use, lightweight, and portable.

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The demand for fire extinguishers is growing due to an increase in the number of fire fatalities in homes and businesses. Fire extinguishers are key units for fighting fire, especially in closed spaces. These products are designed to be simple to minimize fire risks in times of emergencies.

The market is however expected to witness lucrative opportunities during the forecast period owing to increasing demand from commercial and industrial sectors. New unit sales and replacement / retrofit jobs will contribute to growth.

Increasing regulations for building design codes in the residential sector, will also generate gains in the coming decade. Moreover, manufacturers are investing in R&D activities to offer innovative and technologically advanced product offerings. These factors are expected to positively influence growth in demand for fire extinguishers during the forecast period.

Key Takeaways of the Fire Extinguisher Market Study

  • Carbon dioxide extinguishers will account for the leading market share of over 30%, on the back of easy access to raw materials and efficacy in fire control.
  • Dry chemical fire extinguishers are increasingly adopted, due to their superior efficiency in draught-free conditions.
  • Germany will emerge as a key market for fire extinguishers on the back of the implementation of by stringent codes for ensuring better safety in buildings.
  • The U.S. dominates the North America market, accounting for over 80% sales in the region.
  • China will lead the East Asia market, exhibiting growth rate over 6.5% CAGR through the assessment period.

 “With the ever-evolving requirements of the global construction industry, demand for fire safety equipment has grown rapidly. Fire extinguishers in particular, have been at the center of these developments in terms of economically feasible solutions. Innovative product offerings have been important for manufacturers to gain competitive benefits,” says an analyst of Future Market Insights.

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By Segmentation:

By Product Type

  • Water
    • Air-Pressurized Water
    • Water-Mist
  • Foam
    • Aqueous film-foaming foam
    • Compressed air foam system
    • Others
  • Wet Chemical
    • Potassium Acetate
    • Potassium Carbonate
    • Potassium Citrate
  • Dry Powder
  • Carbon Dioxide
  • Dry Chemical
  • Others

By Fire Type

  • Class A
  • Class B
  • Class C
  • Class D
  • Class K

By End Use

  • Residential
  • Commercial
  • Industrial
  • Public Areas
  • Others

Region

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

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Competitive Landscape

The fire extinguisher market is highly fragmented. The penetration of local and regional players makes this market highly competitive. Companies operating in the market are trying various strategies to gain competitive edge, while maintaining their longstanding relationships with a number of equipment distributors and end users.

Some of the key players in the market include but are not limited to Kidde, AMEREX CORPORATION, Hochiki Corporation, NAFFCO FZCO, DESAUTEL SAS, HATSUTA SEISAKUSHO Co. Ltd, Yamato Protec Corporation among others.

Marine Base Steering Gear Market: Dynamics and Opportunity Assessment; 2018 – 2028

Marine Base steering gears have been an indispensable part of a ship’s machinery since the advent of the early ships which were operated by hand in steering the vessel. Furthermore, irrespective of the operation, type, and size of the ship, marine base steering gear integrated with rudder system helps in ship turning when required, thus defining complete turning mechanism.

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The basic requirement of marine base steering gears is 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 an emergency generator connected to an additional power unit.

Ram type marine base steering gear is 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 the 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 a widely selected mechanism that provides low vibration and noise along 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 for marine base steering gear for large and medium-sized vessels and thus the availability of 2, 3, or 4 vane options to propel the demand of the global marine base steering gear market shortly. Prominent factors such as compact size, excellent power-to-weight ratio, simplified maintenance, integrated rudder carrier are further expected to fuel the growth of the 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 the global marine base steering gear market shortly.

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 couple of years. Furthermore, the recent deceleration witnessed in the Chinese economy is anticipated to affect various domestic industries which can pause implications for the maritime economy across the globe. Shifts in demographic and population growth rates in developing countries may pose implications for the maritime sector shortly. Moreover, the 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 the 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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The Marine Base Steering Gear Market report covers exhaustive analysis on:

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

Marine Base Steering Gear Market: 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
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report on Marine Base Steering Gear market 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 Marine Base Steering Gear market report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The Marine Base Steering Gear report also maps the qualitative impact of various market factors on Marine Base Steering Gear market segments and geographies.

Marine Base Steering Gear Market: Segmentation:

The global marine base steering gear market can be segmented into gear type and by the power source.

On the basis of gear type, the global marine base steering gear market is segmented into:

  • Ram Type
  • Rotary Vane Type

On the basis of power source, the global marine base steering gear market is segmented into:

  • Hydraulic
  • Electro-hydraulic

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Marine Base Steering Gear Market Report Highlights:

  • Detailed overview of the parent market
  • Changing Marine Base Steering Gear market dynamics in the industry
  • In-depth Marine Base Steering Gear 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 Marine Base Steering Gear market performance
  • Must-have information for market players to sustain and enhance their market footprint