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Surgical Navigation Systems is one of the most reliable technology which is developed to render surgeries safer and less invasive as compared to the surgeries without Surgical Navigation Systems. Navigation during surgery is an excellent technology applied currently in medical devices. Surgical Navigation Systems have accelerated the technical processes in a surgery and paved the way for complex procedures. Surgical Navigation Systems target the anatomy to be operated on and guide to place the implant safely to the particular anatomy of the human body. Surgical Navigation Systems act as information centers during surgeries. Surgical Navigation System is essential in accurate visualization of the anatomy and in surgery planning in a virtual environment. Surgical Navigation Systems reduce risks associated with surgeries.

Surgical Navigation System Market: Drivers & Restraints

The global surgical navigation system market is driven by the navigation technology which encompasses surgical planning software, intra-operative imaging and instrument tracking technologies. Surgical Navigation Systems aid in guiding the surgeons to make data-oriented decisions during surgeries. This Surgical Navigation System technology is a driver for the global Surgical Navigation Systems market. A major factor that could adversely affect the growth of the global Surgical Navigation Systems market is the surge of minimally invasive and non-invasive surgeries. The minimally invasive and non-invasive surgeries are becoming popular among the masses owing to the rapid post-operative recovery with minimal pain to the patient.

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Surgical Navigation System Market: Overview

Surgical Navigation System is also known as computer-aided surgery or computer-assisted intervention. The navigation system has to perform medical imaging of the anatomy which leads to image analysis. Based on the image generated, the navigation system helps in diagnosis and surgery simulation. The global surgical navigation system market is majorly dominated by the neurosurgery segment owing to the complicated procedures. Orthopedic navigation systems accounted for the second highest share in the global surgical navigation system market, closely followed by ENT navigation system.

Surgical Navigation System Market: Region-wise Outlook

Depending on geographic regions, global Surgical Navigation System market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. Due to the mature healthcare sector in the North American countries, North America held a substantial market share in the global surgical navigation system market and is expected to retain the share over the forecast period. The countries of Japan and Germany are projected to present considerable growth rate in the global surgical navigation system market due to the well-established infrastructure and advanced Information Technology (IT) in healthcare.

Surgical Navigation System Market: Key Players

Some of the key players in the global Surgical Navigation System are GE Healthcare Ltd., Medtronic Inc., Siemens Healthcare Corporation, Stryker Corporation, B.Braun Melsungen AG, Bausch & Lomb Incorporated, CAScination AG and Brainlab AG. The global surgical navigations system manufacturers are involved getting product approvals from Food and Drug Administration (FDA) and other regulatory authorities for market launch of their products. The global surgical navigations system market players are encouraging acquisitions and strategic collaborations to gain competitive advantage, expand into emerging markets and broaden the product portfolio.

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 categories such as market segments, geographies, types, technology and applications.

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The report covers exhaustive analysis on:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

Regional analysis includes

North America (U.S., Canada)

Latin America (Mexico. Brazil)

Western Europe (Germany, Italy, France, U.K, Spain, Rest of Western Europe)

Eastern Europe (Russia)

Asia Pacific (China, India, ASEAN, Australia & New Zealand)

Japan

Middle East and Africa (GCC, S. 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.

Surgical Navigation System Market: Segmentation

Surgical Navigation System market is classified on the basis disease indication and geography.

Based on disease indication, the global Surgical Navigation System market is segmented into the following:

Neurosurgery Navigation System

Spine Navigation System

ENT Navigation System

Orthopedic Navigation System

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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

The global magnetic drive pump sales are projected to top US$ 807.9 Mn in 2021, as per ESOMAR-certified research and consulting firm Future Market Insights (FMI). With steady growth outlook, the market is poised to register CAGR at nearly 5.3% during 2021-2031. Demand for global magnetic drive pump waned in 2020 due to the outbreak of COVID-19. With the construction industry in recovery mode, the long-term outlook of the market is expected to remain positive.

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Expansion of the construction and mining industries is expected to increase the demand for heavy machinery and equipment, increasing sales in the magnetic drive pump market. As per FMI, increasing application in construction and mining industries is projected to register steady growth across China, India, and Indonesia. As per FMI’s analysis, rapid adoption of technologically advanced equipment and machinery, coupled with increasing application for water treatment activities will spur the sales. Backed by these aforementioned factors, the market is expected to surpass US$ 1.35 Bn by 2031.

In some of the major regions, construction and mining industries are required to adhere to strict legislations to attain certain standards of end-use industry. Government authorities formed to protect the environment such as Pollution Control Agency and Environmental Protection Agency require manufacturers to invest heavily in new technologies to reduce the emission of pollution. However, due to these regulations, manufacturers of industrial pump registered slump in the sales in terms of volume. Moreover, companies operating in the developing economies refrain from investing heavily in advanced technologies due to high initial cost.

Manufacturers are also aiming at strategic collaborations with end users and regional distributors to cater to the rising demand from various industries. Brand consciousness and aggressive marketing make it challenging for new entrants in this market. The leading companies operating in the market are:

Major Key Player:

• Ebara Corporation
• Flowserve Corporation
• Kirloskar Brothers Limited
• ITT Goulds Pumps Inc.
• Iwaki Co Ltd.
• Klaus Union
• March Manufacturing
• Ruhrpumpen Inc.
• Sundyne LLC
• Xylem Inc.
• PRECISION ENGINEERING CO.
• Grosvenor Worldwide Private Limited
• GCA Energy
• Magnatex Pumps, Inc.
• Grundfos
• TEIKOKU ELECTRIC MFG. CO., LTD.
• ELEPON E.C.A.P. Corporation
• NIKKISO EIKO Co., Ltd.

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By Segment:

By Pump Type:

• Centrifugal Pumps
• Positive Displacement Pumps

By Flow Rate:

• Up to 80 m3/hr
• 81 – 200 m3/hr
• 201 – 500 m3/hr
• Above 501 m3/hr

By Casting Material:

• Stainless Steel
• Alloy
• Engineering Plastic
  • PP
  • ETFE
  • PFA
  • CRETFE

By Application:

• Mining
• Chemical Manufacturing and Processing
• Bio-Fuels and Refineries
• Metal Plating and Finishing
• Fume Scrubbing
• Food Processing
• Water Treatment
• Surface Treatment
• Desalination
• Others

By Region:

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

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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.

The global Electrical Enclosure market is estimated to have been valued at US$ 6,161.0 Mn at the end of 2017 and is expected to reach US$ 10,370.0 Mn by the end of 2028 while expanding at a CAGR of 4.9% over the forecast period. The global Electrical Enclosure market is anticipated to represent incremental opportunity of US$ 3,940.2 Mn between 2018 and 2028. Some of the end-use applications considered in this report on electrical enclosures include industrial, commercial and residential sectors.

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Electricity consumption in SEAP has grown at a significant pace, driven by rising population, rapid urbanization, growth in industrial production and mining and progressive extension of access to modern electricity to large segments of the rural population. Developing countries in South East Asia & Pacific are looking to restructure their electricity industry, improve competitiveness and efficiency,  stimulate  new  generation  technologies and mobilize  more  private funds to  boost  electricity  supplies  and  improve reliability. All of these factors will require reliable power controlling facilities, which will ultimately drive the demand for electrical enclosures, thereby boosting the demand in the Global Electrical Enclosures market.

An electrical enclosure is a container/ box that encloses electrical connections for safekeeping as well as to ensure the safety of the general public. The whole point of an electrical enclosure box is to keep wires safe, free from dirt and dust and secured.An electrical enclosure is usually installed within the layers of a wall so that all wires are concealed and the overall build looks neat and tidy. Growth of end-use applications, such as electricity transmission and distribution, energy and power, transportation network, industrial and commercial and residential construction, are expected to create healthy growth opportunities for the Electrical Enclosure market.

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By Segment: By Product Type 

Junction Enclosures Disconnect Enclosures Operator Interface Enclosures Environment and Climate Control Enclosures Push Button Enclosures

By Material Type

Metallic Aluminium Mild steel Stainless Steel Non-Metallic Fiberglass Polycarbonate Polyester ABS

By Design 

Standard Type Custom Type

By Configuration

Wall Mount Enclosures Floor Mount Enclosures Freestanding Enclosures

By End Use Sector

Industrial Residential and Commercial

By Region

North America Latin America Western Europe Eastern Europe China Japan India South East Asia & Others (SEA) Middle East & Africa (MEA)

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Strengthening Regional Transmission Network Will Push the Demand for Electrical Enclosures

Over the last decade, utility companies have been investing to strengthen their transmission network, especially in rural areas. The projects include designing, manufacturing, installing and commissioning of capacitor banks at substations to improve flexibility and reduce their reliance on a single power station. All these measures are being taken to optimise energy generation, enable substation automation, improve transmission and distribution as well as increase reliability and precision in industrial processes, infrastructure and buildings. However, the region lags behind in terms of safety installations in the region as compared to developed countries, which will both be an opportunity and a driving factor for the growth of the electrical enclosure market over the forecast period.

In the age of digitization, relationship between patients and care-givers or health maintenance organizations is changing rapidly as various technologies are being employed by primary and secondary users of health care services across the globe. The popularity of virtual worlds is increasing over the time and healthcare systems are thus using it for promoting healthy behavior. Virtual companion care represents an example of virtual reality that represents a virtual agent which is incorporated with an artificial conversational entity like cathbot, and can display appropriate non-verbal behavior after communicating with existing healthcare databases. Elder population can talk to them in a normal conversational tone and the virtual agent can speak back, answer questions, read news for them, etc. Many elderly people living alone at home require companionship. There are different technologies such as mobile phones and computers that can connect these elderly patients to their families however these technologies can provide only companionship as much as busy family members can do. Virtual companion care provides alternative that can be a substitute for in-person human contact and alleviate loneliness. The concept of virtual caregiving however cannot replace the human companionship although it can be viewed as a way to decrease the time for companion sessions and thus is cost saving. The cost of virtual companion care services in the U.S. is approximately US$ 200 per month. Virtual companion care services have made caring for seniors very easy and feasible.

Virtual Companion Care Market: Drivers and Restraints

Primary factors driving growth of virtual companion care market are rapidly growing geriatric population, technological advancements, penetration of technology among general population and elderly population and need for companion care services due to elder population living alone at the home. According to U.S. Department of Health and Human Services and the National Ambulatory Medical Care survey, population aged over 65 in the U.S. will be doubled by 2030. Majority of elderly people may not need assistance but require companionship and thus virtual companion care is adopted by them. Even though information society is gaining importance over time elderly people are major challenge in this respect as they lack interest and knowledge of technological progress. This is expected to limit the growth of virtual companion care market.

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Virtual Companion Care Market: Overview

Market for virtual companion care is in early stage of development and majority of population in developing countries is yet to know about it. Majority of the platforms are being developed by the universities and are expected to be completed and launched over the forecast period of 2017–2027. Even in developed countries such as the U.S. and European countries the concept of virtual companionship is not readily adopted by the general population. Under its Eurostatrs Program, European Union is developing Naviga platform which allows elder people and persons with disability to access the internet and the information society. The platform also provides home rehabilitation physiotherapy through virtual reality applications.

Virtual Companion Care Market: Regional Outlook

Geographically, global virtual companion care market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America clearly dominates the global virtual companion care market due to high penetration of technology and internet among elderly population. Europe is expected to be the second largest market due to government initiatives for providing companion care to elderly. Japan virtual companion care market is expected to witness robust growth due to number of companies working to develop virtual platforms for elderly care.

Virtual Companion Care Market: Key Players

Some of the players identified in global virtual companion care market include Claris Healthcare Inc., General Electric Company, AIST Japan, GeriJoy Limited, Living Assistance Services Inc. etc.

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, macroeconomic 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.

Virtual Companion Care Market: Segmentation

Tentatively, global virtual companion care market has been segmented on the basis of end user, and geography

Based on end user, global virtual companion care market is segmented as below:

Long-term Care Centers

Home Care Settings

Rehabilitation Centers

Old Age Homes

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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

According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013.

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Structure Analysis

Fragmented nature of the global cathodic protection market is expected to prevail. However, leading players in the cathodic protection market continue to hold over 30-40% revenue share.

As a part of their business growth strategies, established players in the cathodic protection market, have been focusing on expanding their presence in North America and Europe, as these two regions hold potential opportunities for infrastructure and corrosion protection services. Key players in the cathodic protection market have also been eyeing expansion in the Middle East & Africa, and Asia Pacific, sensing the opportunities entailed by growth in production facilities, transportation, and energy infrastructure. As a differentiating strategy, cathodic protection market participants are focusing on cost reduction in their services, and the development of new techniques used for cathodic protection.

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By Segmentation:

Solution

Products, Anodes, Power Supplies, Junction Boxes, Test Stations, Remote Monitors, Coatings, Instrumentation, Others. Services, Inspection, Design & Construction, Maintenance,

Type

Galvanic (Sacrificial Anodes), Impressed Current.

Application

Pipelines, Storage Facilities, Processing Plants, Water & Wastewater, Transportation, Bridges, Airports, Fuelling Systems, Metros, Building, Others,

Region

North America, Latin America, Western Europe, Eastern Europe, China, India, Japan, SEA and Other APAC, Middle East & Africa.

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According to a recent research, infrastructure spending is expected to grow at a significant rate in the foreseeable future, with almost 60% of infrastructure spending between 2018 and 2025 expected to be witnessed in the Asia Pacific region.

The trend has been increasingly pervasive in developing nations such as India and China. Such robust infrastructure spending by governments will significantly drive the demand for cathodic protection in the upcoming years.

Competitive Analysis:

Key players operating in the cathodic protection market include Aegion Corporation, BAC Corrosion Control Ltd., Cathodic Protection Company, Cathodic Protection Management, Inc., Corrosion Protection Specialist Private Limited, Farwest Corrosion Control Company, Imenco AS, Matcor, Inc, MG Duff International Ltd, Perma-Pipe Inc., SAE Inc., Southern Cathodic Protection, Tecnoseal Group, The Nippon Corrosion Engineering Co., Ltd., and Nakabohtec Corrosion Protecting Co., Ltd.

The market for the global carbon brush market was valued at over US$ 2,500 Mn in the year 2018, and is expected to expand at a CAGR of nearly 4% during the forecast period of 2019 to 2029.

Increasing production is sectors such as industrial applications, automotive, electrical goods, household appliances, energy, and healthcare, among others, has resulted in a drastic growth in the demand for carbon brushes, which are used to conduct electrical current between the stationary and rotating parts of a motor. This describes the anticipated growth of the carbon brush market during the forecast period.

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1. Global carbon brush market size in 2018 – Nearly US$ 2,500 Mn
2. The carbon brush market is expected to grow at a CAGR of nearly 4% over 2019-2029.
3. East Asia and North America are expected to remain prominent regional markets in the carbon brush market.
   • East Asia and North America are the leading regions in the carbon brush market, owing to the increasing adoption of carbon brush products for motors and increasing industrial applications for the development of carbon brush products for different applications.
4. Distribution and marketing synergies between companies expected to exploit carbon brush market growth prospects.
   • Major players in the carbon brush market, such as Morgan Advanced Materials, Mersen SA, Robert Bosch GmbH, Schunk GmbH, etc., are employing synergistic methods of product co-marketing and co-promotion, by teaming up with other companies.
   • The synergistic partnerships between actively operating companies are proven to pose an instant growth impact on the carbon brush industry, when compared to that held by strategic acquisitions and mergers.
   • In October 2018, Schunk GmBH laid the foundation of its new production facility in Heuchelheim. It invested approximately 30 million Euros in the project.
5. Electro graphite is expected to remain a highly preferred product type in the carbon brush market.
   • The demand growth of electro graphite can be primarily attributed to the growth of the global motor market.
   • Some of the factors such as cost effectiveness and rising awareness about the benefits of carbon brush procedures are expected to propel the growth of the carbon brush market.

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Motor Segment, by Application Type, and Industrial Application Segment, by End-Use Industry, to Remain Prominent Over the Forecast Period

Based on product type, the electro graphite segment is expected to remain a dominant segment in the forthcoming years, accounting for a protruding share in the global carbon brush market throughout the forecast period. In terms of the growth rate, the electro graphite segment is considered to project relatively higher growth in the coming years. On the basis of application, the motor segment is estimated to account for nearly one-third of the market size, owing to their vast applications in various end-use verticals. Based on sales channel, the aftermarket segment is estimated to account for nearly two-third of the market size throughout the forecast period.

Carbon brushes have significant applications in various end-use industries such as automotive, electrical hand tools, industrial applications, household appliances, security and defence, petrochemicals, energy, and healthcare, among others. The industrial applications segment is projected to be one of the prominent end-use industry segments in the carbon brush market, and is expected to account for more than one-third of the total carbon brush market throughout the forecast period. Besides industrial applications, carbon brushes also find important application in the automotive industry, which is also expected to create significant revenue for the global carbon brush market.

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Competitive Analysis:

The report highlights some of the market players that are prominent and are leaders in the global carbon brush market. Some of the examples of the key players in this market are Morgan Advanced Materials, Mersen SA, Robert Bosch GmBH, Schunk GmBH, Toyo Tanso Co., Ltd, Pelican Carbon Brush Pvt. Ltd, Helwig Carbon Products Inc., Aupac Co., Ltd, Assam Carbon Products Limited, Naeem Carbon & Industrial Products LLP, Phynyx Industrial Products Pvt. Ltd, and National Carbon Brush Products, among other players.

 

Vapour Recovery Units Market was valued at US$ 878 Bn in 2018 and is expected to register a decent CAGR of more than 5% during the forecast period of 2019-2029. Vapor recovery units based on the adsorption principle will continue to shape the market landscape in the coming years. While considering cost and operational efficiency, adsorption-based VRUs are a universal choice among end-users. Moreover, these vapor recovery units would near revenue worth around US$ 1 Bn towards the end of the projection period. However, VRUs based on membrane separation technology are likely to witness greater demand growth owing to their straightforward installation and usage.

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According to a recent research report published by Future Market Insights, the vapour recovery unit market was valued at US$ 878 Bn in 2018, and expected to register a decent CAGR of more than 5% during the forecast period of 2019-2029.

“North America and Europe are anticipated to retain their prominent shares in the market throughout the forecast years, due to their established markets for upstream and downstream applications. However, APEJ and MEA are anticipated to provide lucrative growth opportunities on the back of development of the oil & gas sector in these regions.”

Key Takeaways of Vapour Recovery Unit Market Study

• Growing production and consumption of oil has resulted in a rise in the number of oil exploration units and refineries across the globe. Increment in storage batteries and tanks, in turn, is anticipated to propel the demand for vapour recovery units during the foreseen period.
• Price volatility of crude oil and increasing loss of oil due to vapour escape from storage vents will to fuel the requirement for vapour recovery units. These units restrict crude oil wastage due to vapour loss; hence, their utilization is anticipated to increase in upstream as well as downstream applications in the coming years.
• Environmental regulations regarding VOC emissions have become stricter across the European Union and North America. Increasing greenhouse emissions and commitment of various organizations towards sustainable development are anticipated to further motivate end users to ensure strict adherence to guidelines and regulations. The use of vapour recovery units helps these manufacturers meet these standards of emissions.
• North America and Western Europe are anticipated to hold substantial share in the market. The prominence of potential VRU manufacturers in these regions will spur market growth.

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By Segmentation:

Competitive Landscape

The vapour recovery unit market is highly fragmented, with the presence of numerous players across the globe. Different players in the market have substantial sales footprint in specific regions. These players include John Zink Company LLC, Zeeco Inc., and Gardner Denver Holdings Inc. Key players are adopting market strategies such as sales channel development, business partnerships with prominent players, as well as development of more advanced and efficient products that can meet emission standards.

Solar panel mounting structures are used to mount solar panels on the surfaces safely and protect the solar panel from the damage. Solar panel mounting structures are placed in such a way that, solar panel may get maximum inclination angle on the solar panel surface to absorb maximum amount of energy from the sun. In general a usual solar panel mounting structure comes with aluminum material.

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Solar panel mounting structure plays important role in the efficient working of solar system in rooftop as well as utility segment. They can be made for ground mounting, rooftops, sun tracker solutions and carports and others. In recent years, the technological advancement has led to better and faster installation, high durability, and reduced cost of the solar mounting structure.

In roof top solar mounting structure wind loads are very less compared to an elevated solar panel mounting structure. With roof type solar mounting structure, wind shield can be provided which enables to withstand loads more than 180 kmph.

Modular solar panel mounting structures can be installed by using only nuts and bolts. Ground solar panel mounting structures are commonly manufactured by using easy manufacturing process. Fiberglass material used for ground solar panel mounting structure provides high strength to weight ratio with maximum durability and strength.

Rapidly increasing demand for solar panels market is correspondingly boosting the global solar panel mounting structure market. With increasing awareness on climate change and global warming there are significant developments in renewable energy production.

Solar power generation is a low polluting power generation segment with minimal carbon emission compared to the conventional energy sources such as petroleum, oil and coal. This factors are creating growth avenues for the global solar panel mounting structure market.

The Initiatives to provide 100% energy through renewable energy by various countries across the globe are anticipate to create surge in demand for solar panel mounting structures.With the evaluation of solar industries, key players of solar panel mounting structure are focused on design and development of products to increase the optimized production and reduce the initial cost of the product.

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Collaboration and merger activities has become the central strategy for the manufacturers to attain improved channel reach and corresponding growth in the global market shares. Offering customized mounting structures is an elementary strategy followed by the manufacturers to fulfil the customer requirements as per specific application.

Global solar panel mounting structure market has witnessed significant downfall in 1^st and 2^nd quarter of 2020 due to global Covid-19 pandemic. To control covid-19 spread, lockdowns had been implemented by governments across the world.

However, as unlock activities started across some countries then industries started production with safety measures. During Covid-19, transport regulations has impacted the businesses across the globe. This impact expected to put a significant dent in the growth rate of the global solar panel mounting structure.

Recent rollout of vaccines in some countries around the globe is expected to get over on spread of covid-19 pandemic. With economic activities resuming across the globe, solar panel mounting structure market is estimated to witness sharp recovery.

Regional Market Outlook

Europe and North America are expected to dominate the global solar panel mounting structure market in the forecast period, owing for shifting towards renewable energy at a primary level. Asia Pacific is expected to higher growth to other regions over the forecast period. The growth is attributed to the significant investments for renewable energy generation by the governments in the countries from the region such as China, India, etc.

Further, Stringent environment regulation in Europe region and implementation of Renewable Energy Investment Tax Credit (REITC) in North America region, anticipate a substantial growth in the global solar panel mounting structure market.

Middle East & Africa and Latin America region are expected to grow with slow pace in the global solar panel mounting structure market. According to, Middle East Solar Industry Association (MESIA) rapid increase in energy investment in countries such as Saudi Arabia, Jordan, Egypt and the United Arab Emirates is expected to boost the Middle East & Africa solar panel mounting structure market during the forecast period.

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Solar panel mounting structures Market: Which trend / segment to impact more

High speed steel material is expected to hold significant share in the global solar panel mounting structures market due to predominant sophisticated features over other material types. Roof mounted structures with advantage of space saving is expected to grow at highest growth rate and expected to propel the growth of solar panel mounting structures market.

“Increasing prominence of solar power generation in residential, commercial and industrial sectors is expected to drive the solar panel mounting structures market. For start-up or new entry manufacturer’s solar panel mounting structure market is favorable to start with less risk. This cumulative benefits are creating new avenues for solar panel mounting structures market growth over the forecast period”

Key Market Players

Major market participants in the global Solar panel mounting structures market identified across the value chain include:

• Xiamen Fasten Solar Technology Co.,Ltd
• Professional Solar Products
• Ratan engineering Company
• Hollaender Mfg. Co.
• Mahindra Susten
• Kern Solar Structures
• Schletter Inc.
• Esso Fab Tech Pvt Ltd
• Mounting Solar-Kit Private Limited
• Satec Envir Engineering Pvt. Ltd.
• PROINSO
• Nespro Renewable Energy Solutions

Lightning protection system (LPS) is installed to provide a safe path for lightning energy from a lightning strike to reach earth and protect the structure or building from high voltage currents from the lighting strike. Today, lightning protection systems are in use on towers, space shuttle launch pad, factories and buildings. Lightning Protection System or LPS mainly consists of four parts, which are surge suppressors, copper air terminals, copper clad ground rods and copper cable.

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The cable and air terminals used are commonly made of copper, but aluminium can also be used for its manufacture. The cable and the ground rod are the most important parts of the lighting protection system as they allow the current to pass to the ground. Without a designated path, lightning may conduct through conductors installed in the building, which include cables, phone lines, gas pipes, phone, electric lines or water pipes to reach the ground. This is hazardous to the building as well as living beings.

Regional OutlookNorth America holds a significant share in the global lightning protection systems market in terms of revenue. The lightning protection systems market in Asia-Pacific is expected to grow at a substantial rate over the forecast period. Growth in Asia-Pacific lightning protection systems market is mainly due to the rapid growth in the urbanization and the subsequent rising adoption of voltage sensitive home automation technologies, stringent building safety regulations and development of telecommunication infrastructure. Rest of the world market is estimated to account for a relatively small share of the global lightning protection systems market.

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

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By Market Segmentation

Segmentation of globallightning protection systems market can be doneon the basis of type as follows:

• Lightning rod systems
• Lightning  rod withtaut wire systems
• Lighting conductor with meshed cage systems

Segmentation of global lightning protection systems market can be doneon the basis of end use industry as follows:

• Construction industry
• Military
• Space and research
• Aviation industry
• Telecommunication industries
• Others

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By Market Participants

Some of the examples of the market participants in the global Lightning Protection Systems Market, identified across the value chain are:

• ABB
• A.N. Wallis & Co Ltd
• Pentair Erico
• Kumwell
• Axis Electrical Components
• Alltic corporation
• Fatech Electronic CO., LTD.
• Lightning Protection International PTY LTD
• Gersan Elektrik Tic. ve San. A.?
• Eaton Corporation
• Independent Protection Company
• Lightning Master Corporation
• TSTLP
• Raycap
• Streamer Inc.

Growing technological innovations and developments have led to the introduction of waterproof stepper motors. These waterproof stepper motors facilitate corrosion-free operation and are therefore, highly preferred in the food and beverage packaging industry, which is another trend observed in the global stepper motors market.

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The digital version of an electric motor is known as a stepper motor. In stepper motors, the movement of the rotor takes place in discrete steps as per commands, as opposed to continuous rotation such as in the case of conventional motors. Stepper motors play an important role in industrial motor applications, owing to their accurate response to the applied electrical pulses and ease in operation. In terms of technology, permanent magnet stepper motors are preferred for high power applications, such as for industrial drive and navy propulsion applications.

The preference for high power application is mainly due to the introduction of variable flux permanent magnet stepper motors with higher accuracy and control. On the other hand, hybrid stepper motors are anticipated to witness healthy growth in the medical equipment industry. Hybrid stepper motors are primarily used in medical equipment, such as surgical hand tools, medical pumps and ventilation equipment.

Regional OutlookAsia Pacific is anticipated to dominate the global stepper market throughout the forecast period, owing to the presence of developing economies, such as China, in this region. China is also estimated to witness overproduction of stepper motors, owing to the sluggish demand in the market. North America is expected to register significant growth of the market in the forecast period. On the other hand, slower economic growth in the European market is going to hamper the demand for stepper motors in this region. Additionally, weak growth of the semiconductor market in japan is also pegged to affect the stepper motors market in the country.

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By Market Participants

Some of the manufacturers engaged in the manufacturing of stepper motors are Nippon Pulse Motor Co. Ltd., ABB Ltd., Schneider Electric SE., Delta Electronics Inc., Faulhaber Group, Sanyo Denki Co. Ltd., Applied Motion Products Inc., Nidec Corporation, National Instruments Corporation, Oriental Motor Co. Ltd., and Lin Engineering LLC.

Global Stepper Motors Market Opportunities

Technological developments and strong R&D have increased the accuracy of stepper motors. Attributing to this, the penetration of stepper motors in the applications of servo motors has increased. Additionally, reduction in heat and noise generation under high speed applications in industrial automation is creating lucrative opportunities for the manufacturers of stepper motors.

By Segmentation:

On the basis of type, the global stepper market can be segmented as:

• Rotary Stepper Motors
• Fully-Enclosed Stepper Drives
• Integrated Lead Screw Stepper Motors

On the basis of technology, the global stepper market can be segmented as:

• Permanent Magnet Stepper Motor
• Hybrid Stepper Motor
• Variable Reluctance Stepper Motor

On the basis of end user, the global stepper market can be segmented as:

• Semiconductor
• Packaging & Labeling
• Medical Equipment
• Industrial Machineries
• Others

On the basis of region, global stepper market can be segmented as:

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

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Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, product type and end uses of the product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.