Tool Holders Market Growth Of 5.2% In 2022 Reaching A Value Of About US$ 1,173.4 Mn By 2022 End

The global tool holders market to grow with a year on year growth of 5.2% in 2022 reaching a value of about US$ 1,173.4 Mn by 2022 end. Tool holders are necessary for connecting high-speed tools such drills, taps, milling cutters to a machine in an efficient and safe manner.

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It is very crucial in mechanised procedures that need high degrees of precision. This is due to the fact that they serve as the link between a tool and a machine. Product quality, machine life span and process noise are all affected by the tool holder used in high precision mechanised operations. The global business is anticipated to witness a considerable value CAGR of 5.4% during the period of 2022 and 2028.

FMI has identified North America to remain key market for tool holders over the forecast period owing to increasing demand from end use applications. The region is estimated to witness a value CAGR 4.3% in the industry of Tool Holders. Global tool holders market is expected to account for about 1.5% of global machine tool market.

Key Market Insights at a Glance:

  • The demand for tool holders is anticipated to grow at a moderate pace over the forecast period.
  • Asia Pacific is estimated to hold a prominent share of the global tool holders market.
  • Initiatives by regional governments are likely to encourage the movement of low-cost manufacturing towards parts of South-East Asia, thereby creating healthy growth prospects create healthy growth opportunities in Asia Pacific region.
  • China will remain the largest consumer of machine tools, followed by U.S.
  • The tool holders market is consolidated with Tier-1 players accounting for significant shares.
  • The top three players of the market are estimated to account for more than a 50% market share.
  • On the basis of types of tool holder, hydraulic tool holders segment is slated to remain a high value – high growth segment.
  • In terms of end-use, general machining and fabrication and the automotive industries are likely to push maximum revenue into the tool holders market. The two end-use industries are estimated to collectively account for around 47% value share in the global tool holders market.
  • BT Flange Taper will remain the most preferred taper type among CNCers, in terms of volume and value, given its high degree of accuracy and precision, in any high-speed machining operations.

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Takeaways from Competitive Landscape Analysis

  • In a moderately consolidated landscape, tier-1 companies such as Kennametal Inc., Sandvil AB, and BIG DAISHOWA Group among others hold approximately 55-65 percent market share.
  • Tier-2 companies, on the other hand, hold nearly 35-45 percent market share. Such companies include Guhring, Inc., CERATIZIT GROUP, KYOCERA UNIMERCO A/S, Kemmler Precision Tools GmbH, and Haimer GmbH among others.
  • Key players are projected to focus on enhancing product quality by implementing new technologies, tough and long-lasting equipment and consumables materials with added features at a competitive price.
  • Top companies are also looking to target major manufacturing industries such as metal fabrication and automotive by offering high cutting accuracy with increased productivity.

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Laser Cutting Technologies Could Restrict Tool Holders Sales

Laser cutting, a streamlined and precision manufacturing process, is likely to pose challenges for tool holders given its ability to not just cut materials but also apply finish to a product. Apart from lower risks of material deformation or warping, since there is no direct contact between the material and the laser cutting device, chances of incorrect markings and contamination further reduces. Although laser cutting could be technically challenging and costly, end-use industries demanding high cutting precision such as automotive, are projected to replace traditional tool cutting equipment. However, high market penetration of relatively low cost tool holders

May restrict the demand for new and more advanced tool holders despite their high accuracy and ease of handling.

Water Intake Screens Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2028

Most industries across the world have been negatively affected over the last 18 months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply chain operations because of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global Water Intake Screens Market. Consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets, as the general economic status of most individuals has been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Water Intake Screens Market over the forecast timeline. However, as respective governing authorities lift these enforced lockdowns, the global Water Intake Screens Market is expected to recover accordingly.

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Global Water Intake Screens Market: Dynamics

Growing pollution in different kinds of water bodies, such as ponds, lakes, rivers, seas and oceans, across the globe owing to growing solid waste disposal is one of the driving factors responsible for the healthy growth of water intake screens market. Moreover, safety standards in many industries is also going to create significant demand for water intake screens as the intake of aquatic plants and fishes can cause heavy damage or blockage in plants, thereby leading to heavy losses.

Therefore, to overcome this problem, manufacturers of water intake screens are focusing on the production of new screens that are aquatic life friendly and thus, can decrease the losses that occur due to downtime and in turn, help in increasing the overall efficiency of the plant.

Global Water Intake Screens Market: Regional Outlook

Asia Pacific is projected to be the most prominent market for water intake screens. This can mainly be attributed to the rapid industrialization across the region, mainly in India and China. These countries are the key growth contributors to the water intake screens market in the region. Moreover, increasing water pollution across the region is also going to have a significant impact on the overall demand for water intake screens in this region. North America and Western Europe are also projected to hold a noteworthy share, in terms of demand for water intake screens, in future.

Global Water Intake Screens Market: Market Participants

Some of the manufacturers involved in the manufacturing of water intake screens are:

  • Hendrick Screen Company
  • Evoqua Water Technologies LLC
  • Delta Screen & Filtration, LLC
  • Intake Screens, Inc. (ISI)
  • NAGAOKA INTERNATIONAL CORPORATION
  • Atlas Manufacturing Company, Inc.
  • ELIQUO WATER GROUP
  • Concord Screen
  • Screening Systems International Inc.
  • FEDERAL SCREEN PRODUCTS INC.
  • Ovivo
  • Wedgetech Australia Pty Ltd

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

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)

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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 Water Intake Screens Market: Segmentation

The global water intake screens market can be segmented on the basis of type, application, end use and region.

Based on type, the global water intake screens market can be segmented as:

  • Stationary Water Screens
  • T-Intake Screen
  • Half Intake Screen
  • Cylinder Screen
  • Drum Screen
  • Others
  • Mobile Water Screens
  • Thru Flow Intake Screen
  • Dual Flow Intake Screen
  • Centre Flow Intake Screen

Based on application, the global water intake screens market can be segmented as:

  • Municipal
  • Industrial

Based on end use, the global water intake screens market can be segmented as:

  • Water Treatment
  • Oil & Gas
  • Mining
  • Power Generation
  • Food & Beverages
  • Pulp & Paper
  • Others

Based on region, the global water intake screens 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

Global Briquetting Press Market Assessment and Key Insights Analyzed Till 2028

Briquetting press is a machine that uses massive pressure to squeeze feeding material into sticks or square blocks. It is also called as a briquette machine or briquette maker. A briquetting press is utilized around the globe for its irreplaceable advantages such as better waste management, cost-effectiveness, metal chip recycling, and better handling of residual materials.

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Furthermore, different types of materials are used as feeding materials in briquetting presses such as metals, wood, paper, plastics, biomass, etc. Briquettes of different materials have different applications and are used for residential, commercial, and industrial purposes.

Additionally, government regulations and support for the use of renewable energy sources and advantages of biomass briquettes over other fuels is increasing the demand for biomass briquettes in various end-use industries. This factor is expected to significantly drive the biomass briquetting press market.

However, low maintenance and long life span of briquetting press lead to a low substitution rate. Additionally, hydraulic and screw briquetting presses require high maintenance and initial investment to setup a briquetting plant. This factor is anticipated to hamper the growth of the briquetting press market over the forecast period.

Regional Outlook

The Asia Pacific region is projected to be a prominent region in the briquetting press market owing to the increasing demand from manufacturing industries for metal briquetting presses and biomass briquettes. Countries such as China, India, and Japan are expected to have significant growth in the briquetting press market due to the government initiatives for the use of renewable energy sources in the region. The increasing government regulations related to waste management and renewable energy sources such as biomass briquettes, in Europe, are projected to create demand for new briquetting presses in the region over the forecast period.

North America is expected to have significant growth in the briquetting press market owing to the growing production and consumption of biomass briquettes and the increasing demand for metal briquetting presses in different manufacturing and metal processing industries. Middle East & Africa and Latin America regions are anticipated to have promising growth in the briquetting press market over the forecast period.

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)

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By Segment:

The briquetting press market can be segmented into product type, mode of operation, power supply, feeding material, end use, and region.

On the basis of product type, the global briquetting press market is segmented into:

  • Mechanical Briquetting Press
  • Screw Briquetting Press
  • Hydraulic Briquetting Press

On the basis of mode of operation, the global briquetting press market is segmented into:

  • Automatic
  • Semi-automatic
  • Manual

On the basis of power source, the global briquetting press market is segmented into:

  • Electric
  • Fuel

On the basis of feeding materials, the global briquetting press market is segmented into:

  • Metals
  • Wood
  • Biomass
  • Plastics
  • Paper

On the basis of end use, the global briquetting press market is segmented into:

  • Residential
  • Commercial
  • Industrial

A briquetting press is used to form briquettes from different types of materials. These are directly used in the boilers of sugar mills, paper mills, dyeing houses, leather and oil extraction plants, etc. They can also be used in furnace & foundries for heating & melting metal, brick kilns, as well as for residential & commercial heating purposes. Biomass briquettes are an eco-friendly and renewable power source and used as a fuel for many industrial purposes. The rising demand for briquettes from different end-use industries and sectors is projected to push the growth of the briquetting press market over the forecast period.

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Market Participants

Some of the market participants in the global briquetting press market are:

  • WEIMA Maschinenbau GmbH
  • Metso Corporation
  • Ruf GmbH & Co. KG
  • Advance Hydrau-Tech Pvt. Ltd.
  • MA.FER MACCHINE Srl
  • F. Nielsen
  • PRODECO S.r.l.
  • IMABE Iberica, S.A.
  • Jay Khodiyar Group
  • Ronak Agrotech Engineering Pvt. Ltd.
  • Radhe Industrial Corporation
  • SMS group GmbH
  • LEHRA FUEL TECH PVT LTD
  • Fote Heavy Machinery Co., Ltd.

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.

Rotary Indexer Market is expected to grow at a significant rate over the forecast period.

A rotary indexer is a rotatory motion equipment that realises the intermittent movement. Rotary indexers are widely adopted in automated assembly machineries and the selection of proper mechanism is essential for both minimising the cost of the component and maximising performance. Rotary indexers are primarily used for accurate and dependable positioning of medium parts in various machining operations such as drilling, tapping, milling, contouring and spiral milling.

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Rotary indexers offer various features, such as controlled acceleration and deceleration, shaft or flange output, smooth motion, repeatable and accurate positioning, quick setting time and a capacity for high speed and high load. Two types of rotary indexers are available in the market, namely precision ring drive and compact ring drive.

Global Rotary Indexer Market: Dynamics

The global rotary indexer market is expected to be primarily driven by growth in automotive and electronics industries across the globe. Rotary indexers are most widely adopted in automated welding, medical packaging and assembly cutting systems. In the recent past, there has been a growing trend towards automated welding, supported by the rising demand from end-use industries for welding products across the globe.

Prominent manufacturers involved in the global rotary indexer market are focusing on introducing precision rotary indexers to cater to many end-users across the globe. For instance, in the recent past, Nexen Group introduced the MRS (Motor Ready Sealed) precision rotary indexer. The high roller pinion-to-gear ration allows users to directly drive the system with the addition of a servomotor. The aforementioned factors are found to be the key trends identified in the global rotary indexer market across the globe.

Global Rotary Indexer Market: Regional Outlook

North America, led by the United States, is expected to hold a substantial share in the global rotary indexer market during the forecast period. Growth in electronics and automotive assembly units across the U.S. is expected to assist the sales of rotary indexers in North America. The Europe rotary indexer market is expected to be next in line, followed by Asia-Pacific.

Sales of rotary indexers in Asia-Pacific, led by China, Japan and India, is expected to grow at a significant pace soon. Middle East & Africa and Latin America are expected to account for small shares in the global rotary indexer market over the forecast period; however, the demand is expected to grow at a significant rate over the forecast period.

Global Rotary Indexer Market: Participants

Examples of the key players involved in the global rotary indexer market include A Dover Company, WEISS North America, Inc., Sankyo Automation, Nexen Group Inc., TAKTOMAT, TAN TZU Precision Machinery Co., Ltd., Colombo Filippetti S.p.A., Haas Automation, Inc., Quality Vision International Inc., Cam Division System (Bettinelli group), Hardinge Inc. and others.

Key manufacturers involved in the manufacturing of rotary indexers are primarily focusing on introducing precision indexers and the expansion of their precision rotary indexer lines. A precision rotary indexer provides various benefits as compared to conventional rotary indexers such as high torque, high precision, high acceleration and zero backlash, low maintenance and long life.

The global rotary indexer market is expected to be partly fragmented in nature, since prominent manufacturers are expected to hold major shares in the market.

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.

For critical insights on this market, request to ask an expert here @
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The report covers exhaust 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),
  • Eastern Europe (Poland, Russia),
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand),
  • Japan,
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa),

This 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 Rotary Indexer Market: Segmentation

The global rotary indexer market can be segmented based on type, end-use industry and application.

Based on the type, the global rotary indexer market can be segmented into

  • Heavy Duty Rotary Indexer
  • Light Duty Rotary Indexer

Based on the end-use industry, the global rotary indexer market can be segmented into

  • Automotive
  • Electronics
  • Medical & Healthcare
  • Pharmaceutical

Based on the application, the global rotary indexer market can be segmented into,

  • Machine tools
  • Semiconductors
  • Automated Welding
  • Medical Packaging
  • Robotics
  • Assembly Cutting 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

India Power Tools Market Is Anticipated To Register Healthy CAGR Of 8.9% In Terms Of Value Over The Forecast Period 2016–2026

India power tools market is anticipated to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume over the forecast period (2016–2026). Growth of the power tools market in terms of revenue is attributed to various factors, regarding which FMI offers detailed insights in the report.

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The power tools market in India is anticipated to register a Y-o-Y growth of 6.7% by end of 2016, and is estimated to reach INR 3,532.8 Crore in terms of revenue. Growing industrialisation and widespread availability of wide range of power tools will continue to drive growth of the India power tools market. The markets in South and North India are estimated to collectively dominate the India market.

Low operational costs and ease-of-use will continue to drive electric power tools segment, which is anticipated to dominate the India power tools market till 2016 end. Pneumatics and others segments are projected to collectively contribute over 46% in terms of value share to India power tools market in 2016.

Key Players:

Major global players in the India power tools market include Atlas Copco AB, Snap-on International, Techtronic Industries Co. Ltd., Danaher Corporation, Actuant Corporation and SKF AB. Key regional players include Stanley Black & Decker, Hitachi Koki Co. Ltd., Makita Corporation, Robert Bosch GmbH and Kulkarni Power Tools.

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By Segmentation:

The subsequent sections analyse the India power tools market on the basis of end-use, mode of operation and region, and presents a forecast for the period, 2016–2026. The market is segmented as follows:

By end-use

  • Industrial Power Tools
  • Household Power Tools

By mode of operation

  • Electric
  • Pneumatic
  • Others

By country

  • North India
  • South India
  • East India
  • West India

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Long-term Outlook: India power tools market is anticipated to register a healthy CAGR of 9.5% in terms of volume and 8.9% in terms of value over the forecast period, 2016–2026. Electric power tools market is estimated to account for 56.6% in terms of revenue share by end of 2026.

Lathe Machines Market Assessment and Key Insights Analyzed Till 2027

Lathe is a tool that rotates any workpiece on its axis in order to carry out numerous operations such as cutting, deformation or drilling, knurling and so on with tools applied on that workpiece to create a symmetrical object about an axis of rotation. In short, a lathe machine is used to shape various work pieces. Lathe machines have many applications; lathe machines are used in woodturning, metalworking, metal spinning, glass working and thermal spraying. The main purpose of a lathe machine is to facilitate unfinished to finished metal product transformation.

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The major factor likely to drive the growth of the global lathe machines market is automation. With a growing awareness of quality, manufacturers have started automating their production processes. The increased need to provide superior products has pushed manufacturers to use advanced automated systems. The integration of the Internet of Things (IoT) in manufacturing (Smart Manufacturing) is one of the new trends in the global lathe machines market that will gain sufficient traction in the coming years. To add to this, manufacturing industries in advanced and developing countries are focussing on replacing manually controlled lathe machines with computer numerical controlled (CNC) lathe machines to enhance industrial productivity and efficiency.

Growing urbanisation has fuelled market demand in the automotive, general machinery and transport industry. The growth in these three main sectors have led to an augmented demand for metal machine tools and in turn are the growth accelerators of the global lathe machines market.

Key Regions

Asia Pacific is expected to be the most dominant market in the global lathe machines market and is predicted to be the fast growing regional market in the coming years. Many initiatives such as “Make in India” along with rising automotive production have made APAC the focal point in global manufacturing, which is the main reason for the fast upsurge of the lathe machines market in this region.

The highest growth is anticipated to be witnessed in India followed by Japan. After APAC, the Europe lathe machines market will likely gain speed in the global lathe machines market. Effective measures and initiatives are driving the growth of the lathe machines market in developed regions such as UK, France, Germany, Italy and rest of Europe.

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Key Market Players

The key players in this market strive to remain competitive by focusing on collaborations, new product developments (NPD) and partnerships. Some of the key players operating in the global lathe machines market include Dalian Machine Tool Group Corporation, DMG Mori Co., JTEJT Corporation, Yamazaki Mazak Corporation, HMT Machine Tools, Samsung Machine Tools, Haas Automation, Okuma Corporation, Ace Micromatic and Benzinger.

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, S. Africa, N. 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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 Lathe Machines Market Key Segmentation

The global lathe machines market is segmented on the basis of type, by operation, end-use industries, and geography.

By Type Vertical lathes, Horizontal lathes. By Operation Conventional lathes, CNC lathes. By End-user Automotive, General manufacturing, Transportation, Others.

Heat Recovery Steam Generator Market is estimated to grow at a steady 5.7% CAGR,

[205 Pages Report] Global heat recovery steam generator market to reach US$ 1.1 Bn in 2021. Demand for energy-efficient solutions for power generation, coupled with increasing investments in power plant efficiency enhancements are identified as chief growth drivers.

Owing to these factors, the market is estimated to grow at a steady 5.7% CAGR, with the U.K., the U.S., Germany, and Japan emerging as key producers.

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As per FMI’s regional analysis, the U.K. is anticipated to lead the European heat recovery generator market. Stringent regulations regarding carbon emissions in the European Union, coupled with increasing adoption of renewable energy sources will enhance growth prospects through 2031.

“Increasing investments in the power generation sector to improve efficiency, coupled with inorganic growth strategies adopted by OEMs for better market reach will continue augmenting growth in the forthcoming years,” says the FMI analyst.

Key Takeaways:

  • Fully assembled heat recovery steam generators will remain the most preferred type of design.
  • In terms of configuration, horizontal drums will account for maximum sales.
  • Based on output power, 0-60 MW segment is poised to experience high demand.
  • Combined heat and power plants will dominate the application segment.
  • The U.S. is anticipated to witness high demand for heat recovery steam generators, owing to increasing energy production and need for sustainable methods. The North American market is poised to grow at a 4.4% CAGR.
  • The U.K. will continue leading the European heat recovery steam generator market, expanding at a 4.6% CAGR.
  • Demand for heat recovery steam generators will continue rising in China, due to rising adoption of combined cycle plants.
  • India will emerge as a lucrative market, owing to government-backed initiatives promoting renewable energy production.
  • Japan and South Korea will collectively account for 5% of the total market share.

Heat Recovery Steam Generator Market Historic Sales Compared to 2021-2031 Forecast Outlook

The global heat recovery steam generator market grew at a sluggish 3.9% CAGR between 2016 and 2020. The unprecedented impacts of the COVID-19 outbreak further caused a sharp decline in sales of heat recovery steam generators.

However, sales of heat recovery steam generators are anticipated to recover during the assessment period, with a year-over-year growth projection at 4.4% from 2020 to 2021.

In the view of energy crisis, heat recovery steam generators are vital in the field of energy conservation. These systems are integral components in combined cycle (gas turbine and steam power cycle) and are emerging as the most efficient energy conservation methods in recent trends.

Heat recovery steam generators also termed waste heat boilers, recover the waste heat present in the exhaust gases of the gas turbine cycle to generate steam which is used to run a steam power cycle.

Using these systems can significantly cut down greenhouse gas emissions and increase the efficacy of power plants, which in turn is driving their sales across various energy-producing industries. Product customizations in heat recovery steam generators offered by OEMs and increasing investments in clean energy generating sources will continue augmenting market growth through 2031.

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Heat Recovery Steam Generator Market by Category

By Design Type: 

  • Modular Construction
  • C-Section Construction
  • Bundle Construction
  • Fully Assembled

By Configuration Type:

  • Horizontal Drum Units
  • Vertical Drum Units
  • Horizontal-Once Through Units

By Output Power Type:

  • 0-60 MW
  • 60-100 MW
  • 100 MW & Above

By Application Type:

  • Co-generation (Process Heating)
  • Combined Cycle
  • Combined Heat & Power (CHP)

By Region, Heat Recovery Steam Generator Market is segmented as: 

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

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Heat Recovery Steam Generator Market Competitive Landscape

Top 5 players operating in the heat recovery steam generator market comprise General Electric, Siemens AG, CMI Group, John Wood Group plc, and Mitsubishi Hitachi Power Systems Ltd., accounting for approximately 75.5% of the total market share.

As a part of their growth strategies, prominent players are focusing on strategic collaborations, deal renewals, acquisitions, and mergers to improve sales. Apart from this, product innovations and customization will remain highly sought-after growth strategies during the assessment period. For instance:

  • In August 2021, Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, announced its plans to develop combustion burners that can utilize ammonia (NH3) as fuel and eliminate the chances of carbon emission when used for power generation. By using ammonia as opposed to other fossil fuels, this system will facilitate decarbonization in thermal power generation.
  • In July 2021, John Wood Group PLC announced a partnership with AIG, a leading insurance organization and the University of Strathclyde’s Institute of Future Cities, to help businesses and cities to adapt to the impacts of fluctuating climate changes and achieve decarbonization. The three organizations will work together to create a roadmap to build more sustainable infrastructure to drive down carbon emissions.

 

Robotic Gripper Market To Grow At A CAGR Of ~ 10% During The Forecast Period Of 2019-2029

A new market research study by Future Market Insights on the robotic gripper market contains global industry analysis 2014-2018 and opportunity assessment 2019-2029. The report investigates the robotic gripper market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global robotic gripper market is anticipated to experience substantial growth over the forecast period, due to multiple driving factors such as, use of smart materials for enhanced capabilities and growing horizon of applications along with increased number of end-use industries.

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The global robotic gripper market was valued at ~ US$ 1 Bn in 2018 and is projected to increase at a CAGR of ~ 10% between the forecast period of 2019 and 2029. This growth is significantly driven upsurge in the automotive and electronic & semiconductor industry, introduction of specific gripper portfolio, and rise in the robotic automation in specific regions such as East Asia.

Owing to the rapid growth of factory automation in East Asia and other nations including Singapore, Malaysia, and more, the demand for robotic grippers is expected to grow at an impressive pace. According to the FMI analysis, the onset of Industry 4.0 is further expected to increase the adoption of robotic grippers in smart factories. 

Surplus Growing Opportunities in the East Asia Market

Japan being one of the significant countries in robotic automation is expected to show upsurge in the robotic gripper market. South Korea has a high number of robot-10,000 employee ratio, in which China is expected to register a high growth rate in recent years, owing to high labor costs and increased automation. These countries have a major share in the global robotic gripper market, hence East Asia is expected to generate substantial growth opportunities for the robotic gripper market.

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Use of Innovative Smart Materials to Surge the Market Growth

The global robotic gripper market has been segmented based on the different types of grippers, multiple jaw types, their multiple operations, different segments of applications, end use industry and regions such as Americas, EMEA (Europe, Middle East and Africa), SAP (South Asia Pacific) and East Asia.

  • Robotic gripper technology has been incessantly growing in the recent years, consecutively growing the robotic gripper market. Use of smart materials to make more adaptive and flexible grippers is taking place. More advancement is expected to happen in electric and pneumatic grippers which will help the robotic gripper market growth exponentially.
  • With respect to application robotic gripper market is expected to show a large growth in material handling segment as it is prominently used in end use industry. Followed by general assembly segment which is projected to have a fair share in the market growth.
  • Automotive industry is one of the significant drivers of the robotic gripper market followed by electronics and semiconductors industry. Availability of vast gripper range which are application specific in nature enhance the precision and speed requirement in these industries.

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Competitive Analysis: 

The report highlights some of the prominent market players, who have established themselves as leaders in the global robotic gripper market. Few examples of key players in the market are Soft Robotics, Inc., Piab AB, Applied Robotics, ABB Limited, Grabit Inc., Yaskawa America Inc., J. Schmalz GmbH, Festo AG & Co. KG, Onrobot, Bastian Solutions, COVAL VACUUM TECHNOLOGY Inc., and Brenton Engineering, among others.

The global robotic gripper market players are primarily focusing on development of product, such as flexible robotic gripper, electrostatic robotic gripper, and vacuum robotic gripper, that can react more and more similar to human arm and has a wide range of payload capacity for different end use industries in order to gain greater share in the robotic gripper market.

Cranial Closure And Fixation Devices Market by Applications, Key Players, Products Type, Production Information Analysis and Forecast 2026

Cranial closure and fixation devices market is expected to expand at a significant growth rate across regions. The incidence of head injuries is increasing worldwide. Skull fractures are increasing with the rise in traffic. Around 1.17 Mn deaths occur each year globally due to road accidents of that 70% occur in developing countries with a large population. According to National Center for Biotechnology Information that around 23 to 34 Mn people are injured globally every year in road accidents. The death estimate was around 200 people in U.S. each year in road accidents. In European countries, the estimate is around 50,000 that are killed in road accidents with a maximum with head traumas. Also, the rise in a number of brain cancer plays an important role and thus contributes significantly towards the cranial closure and fixation devices market.

Cranium is an important part of the body, which acts as a hard protective covering of the brain and also helps in maintaining the size and shape of the head. In some situation due to early closure of the sutures, there are some abnormalities arises that are named as craniosynostosis. In craniosynostosis, the closure of the sutures takes place at a very early age, which results in the disruptive shape of the head. However, there are surgeries related to fixing these problems. The procedure under these surgeries includes the cranial closure fixation system.  Furthermore, there are many other conditions where cranial closure and fixation devices are being used such as skull fractures, hydrocephalus, brain tumors, hematomas, other trauma injuries, and infections. The brain is an important part of human body to perform major vital functions of the body and its exposure to the environment may lead to further infections that can be complicated later. This in turn, makes the cranial closure device an important after brain surgery. To get access to the bone inside a section of the brain is cut opened accordingly as per the operating part of the skull. The cut open section of the brain is named as bone flap that may be large or small in size as per the requirement of the surgery. After the surgery, the bone flap is placed again at the same place to cover the brain with the help of the cranial closure and fixation system, which includes plates, screws, and meshes.

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Cranial Closure and Fixation Devices Market: Drivers & Restraints

Revenue growth in the cranial closure and fixation devices market is expected to be fuelled by factors such as an increase in the number of head trauma, aneurysms, tumors, and cancers. Recent product advancements, rise in product diversities and other physiological factors such as the presence of foreign body inside the brain, congenital disabilities, and cranial surgeries in treatment for various brain disorders and hydrocephalous. This, in turn, is expected to affect positively on cranial closure and fixation devices market. Few more factors such as increasing road accidents and prevalence of cancer globally are expected favour the cranial closure and fixation system market over the forecast period.

Primary restraints include rising cost of the procedure, complications related pediatric surgeries, which may adversely affect the growth in cranial closure and fixation system.

Cranial Closure and Fixation Devices Market: Key Players

Some of the players in cranial closure and fixation devices market are Biomet, Inc, Johnson & Johnson, B. Braun Melsungen AG, Medtronic, Integra LifeSciences Corporation.

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.

Cranial Closure and Fixation Devices Market: Region-wise Outlook

Depending on the geographic region, Cranial Closure and Fixation Devices market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific and the Middle East & Africa.

North America is expected to account for significant contribution to cranial closure systems by revenue generation from high skull deformities and skull injuries followed by Asia. Furthermore, Eastern and accelerated growth on new products in Western Europe are expected to reflect on the sales revenue of the companies involved in cranial closure and fixation devices market. With the rise in standards of health care services and an increase in awareness towards the treatments in Asia Pacific countries is expected to favour the market for cranial closure and fixation devices. Governments in many countries of Asia Pacific region are providing health benefits in the latest health care policies.

The report covers exhaustive 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 (Argentina, Brazil, Mexico and Rest of Latin America)
  • Western Europe (Germany, France, Italy, U.K, Spain, Bnenelux, Rest of Western Europe)
  • Eastern Europe (Poland, ,Russia, Rest of Western Europe)
  • Asia Pacific (China, ASEAN, Australia & New Zealand, Rest of APEJ)
  • Japan
  • Middle East and Africa (GCC, S. Africa, Rest of MEA)

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.

Cranial Closure and Fixation Devices Market: Segmentation

Cranial Closure and Fixation Devices market is classified on the basis of product type, indication type, material type and end-user.

Based on product type, the cranial closure and fixation devices market is segmented into the following:

  • Screws
  • 1.6 x 3mm Self Drilling Screw
  • 1.6 x 4mm Self Drilling Screw
  • 1.6 x 5mm Self Drilling Screw
  • 1.9 x 4mm Emergency Screw
  • Plate
  • 2 Hole, Straight Plate
  • 2 Hole, Straight Plate, Long
  • 6 Hole, Straight Plate
  • Others
  • Cranial Flap Tube Clamps
  • Mesh
  • Bone Cement
  • Others (Patient Specific Implants)

Based on indication Type

  • Brain Cancer
  • Brain Aneurysm
  • Craniosynostosis
  • Metopic Synostosis
  • Lambdoid Synostosis
  • Positional Head Deformity
  • Hydrocephalous
  • Others(Head Trauma, Birth Defects, Brain Biopsy)

Based on material Type

  • Absorbable
  • Non-Absorbable
  • Titanium
  • Stainless Steel

Based on End-User,

  • Hospitals
  • Cancer Research Institute

Based on Geography

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

Functional acids Market 2021 Development Status, Competition Analysis, Type and Application 2029

The global market for functional acids is anticipated to have tremendous growth owing to the growing geriatric population over the globe coupled with increasing demand for supplements and functional foods. Functional acids have a positive impact on body functions and conditions. The functional acids play a vital role in the regulation of the digestive system, cardiovascular system, nervous system, immune system and others. The biofunctionalamino acids contain peptides with satiety including antimicrobial, anti-cancer, stress-relieving properties and others. Functional acids such as omega -3, probiotics are widely used in the production of various functional foods which includes yogurt, eggs, bread and others. Functional acids are in high demand in dietary supplements and nutraceutical products. The market of functional acids is expected to grow exceptionally with double number CAGR over the forecast period.

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Health Benefits associated with Functional acids has Led to its Demand Increasing

The European Commission and the Environmental Protection Agency (EPA) have framed supportive regulations to augment the production of various products and fortified foods as well as supports consumption of products derived from natural ingredients in light of increasing concerns towards Greenhouse gas emissions. Positive outlook for functional and fortified foods in the food and beverage industry is bolstering the growth of the functional acids market.

Functional Acids Market: Opportunities

Functional acids in human nutrition are expected to be shaped by factors such as constantly rising demand for functional acids, improvement in supply chain management, increasing government policies to boost the market. Other factors such as the shift in consumption of functional acids, availability of raw materials are impacting the market of functional acids. To have a profitable market, companies are developing new therapies and new drugs using functional acids for the treatment of multiple disease and disorders. Functional acids are emerging as a unique class of drugs in pharmaceutical industries. The North America market for functional acids is expected to have highest share in the global market. The East Asia market is expected to grow significantly over the forecast period.

Functional Acids Market: Key Participants

The key players in the global functional acids market are:

  • Merck KGaA
  • Seagarden AS
  • WN Pharmaceuticals Ltd.
  • Arlak Biotech Pvt. Ltd.
  • Ashland Inc.,
  • ALEXIS Corporation,
  • American Peptide Company Inc.,
  • Promega Corporation,
  • Advanced Bioconcept Company,
  • Thermo Fisher Scientific,
  • Novo Nordisk A/S
  • Alltech Inc.
  • Bioprocess Algae LLC.
  • Cellana LLC
  • Others

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The report covers exhaustive analysis on:

  • Functional Acids Market Segments
  • Functional Acids Market Dynamics
  • Functional Acids Market Size
  • Functional Acids Supply and Demand
  • Current Trends/Issues/Challenges pertaining to Functional acids Market
  • Competition Landscape and Emerging Market Participants in Functional acids Market
  • Technology related to Production/Processing of Functional acids
  • Value Chain Analysis of the Functional acids Market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Functional Acids Market: Segmentation

The functional acids market can be segmented based on grade type, application and sales channel.

Based on source, the functional acids market can be segmented as :

  • Animal
  • Plant
  • Microbial

Based on type, the functional acids market can be segmented as :

  • Amino Acids
  • Fatty Acids
  • Mono Unsaturated Fatty Acids
  • Poly Unsaturated Fatty Acids
  • Saturated Fatty Acids
  • Others

Based on therapeutic area, the functional acids market can be segmented as :

  • Anti-Hypertensive
  • Cardiovascular System
  • Nervous System
  • Gastrointestinal System
  • Immune System
  • Cholesterol-Lowering
  • Anti-Diabetic Peptides
  • Multifunctional Peptides

Based on application, the functional acids market can be segmented as :

  • Sports Nutrition
  • Weight Management
  • Digestive Health
  • Clinical Nutrition
  • Others

Based on end users, the functional acids market can be segmented as :

  • Food & Beverage Industry
  • Pharmaceuticals
  • Dietary Supplements and Nutraceuticals
  • Cosmetics & Personal Care Products
  • Others

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Report Highlights:

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

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