Market Research Blog

According to latest research, the demand of Para-tert-Octylphenol is anticipated to grow with a significant growth rate of about 4.5% to 6.0% in between the coming assessment period of 2021-2031.

Demand is expected to increase owing to the increasing usage of the substance in the production of octyl-phenol-formaldehyde resins, which find widespread usage for printing inks, paints & coatings and many others.

Request Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-13698
What is Driving Demand for Para-tert-Octylphenol?

With the increasing demand of automotive industry and paint industry in the market the use of octylphenol gradually increase. As Para-tert-Octylphenol used in the manufacture of emulsion polymers for use in paint. These special paints used in marine applications because of the high resistance to saline waters that they provide.

It is also used in the rubber compounding process for tyre manufacture to increase the tackiness of the rubber and improve the adhesion of the different layers during vulcanization. they are mainly used as an emulsifier for emulsion polymerization by companies producing polymers like styrene-butadiene.

The consumption of this compound will increase in these application segment will boost the demand of the Para-tert-Octylphenol compound during the forecast period.

 Printing Inks and Coatings industry to remain a key segment for the consumption of Para-tert-Octylphenol

With the growing demand of Para-tert-Octylphenol in various end user industries, the global market of Para-tert-Octylphenol is estimated to witness a considerable growth in the coming years. The growing demand of printing inks which can be used in the coloring of paper, plastics, metals, textiles, glass and others is also expected to benefit the market of this compound.

The increased popularity of digital printing has resulted in a significant growth in recent years. Traditional printing methods are substantially slower and inefficient when compared to digital printing. The growing popularity of digital printing is also attributable to changing consumer needs. There has been a dramatic drop in the collections of newspapers, magazines, and books in areas where digitization has increased significantly.

Asia Pacific Demand Outlook for Para-tert-Octylphenol

Surfactants, such as 4-tert-octylphenol, are used in detergents, industrial cleansers, and emulsifiers. In terms of value, Asia Pacific is expected to hold the world’s largest industrial cleaning chemicals market in 2024.

China is the leading market in this region China and is estimated to witness a substantial growth in this product’s consumption due to the presence of significant number of key manufacturers along with strong presence of end use industries. Thus Asia Pacific regions forms a large chunk of the demand for this product which helps to drive the market growth in this region.

Request Brochure of Report: https://www.futuremarketinsights.com/reports/brochure/rep-gb-13698
Europe Demand Outlook for Para-tert-Octylphenol

Owing to the significant growth in the chemical and materials industries in various countries of Europe such as, Germany, France, Italy and others, the demand of Para-tert-Octylphenol compound is also anticipated to remain high in this region. The factor driven the market in Europe region are accelerating the demand from the coatings sector.

Germany is a significant regional market and accounts for prominent share of the demand for this product owing to its well-developed chemical manufacturing sector.

Who are the Key Manufacturers and Suppliers of Para-tert-Octylphenol?

Some of the leading manufacturers and suppliers of are

• ICC Industries B.V
• Hangzhou J&H Chemical Co.Ltd.
• Leap Chem Co.Ltd
• Skyrun Industrial Co.Ltd.
• Xingrui Industry Co.Limited
• Prasol Chemicals Pvt. Ltd
• PCC Group
• Beijing Jiyi Chemical and many others.

Several key market participants are focusing on new & innovative product development to cater the growing demand from the end use sector. Key players are investing an enormous amount in research and development to introduce new products and they are also investing to manufacture products in a sustainable way, to decrease the risk for aquatic life.

Key players are also focusing on acquisitions of small and medium size players and collaborations with other market participants either for the R&D or to manufacture the product at a large scale.

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.

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-13698

Key Segments

By Application:

• Printing Inks
• Electrical insulating varnishes
• Paper Coating
• Others

By Region:

• North America
  • U.S.
  • Canada
• Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
• Europe
  • Germany
  • Italy
  • France
  • U.K
  • Spain
  • BENELUX
  • Russia
  • Rest of Europe
• South Asia
  • India
  • ASEAN
  • Australia & New Zealand
• East Asia
  • China
  • Japan
  • South Korea
• Middle East and Africa
  • GCC Countries
  • Turkey
  • S. Africa
  • Northern Africa

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates

For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

 

The power device analyzer market is projected to advance at a modest rate with a CAGR of 5% during the forecast period 2022-2032, as per the power device analyzer market report by Future Market Insights (FMI).

The primary factor accelerating the power device analyzers market growth is the increasing adoption of high-performance and power-efficient devices for the consumer and healthcare sectors and investments in electric vehicles due to environmental concerns.

Globally, there is a constant demand for energy savings across various industries. In addition, various government and international organizations work to raise awareness and promote energy conservation.

Request for Report Sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-14273

Renewable energy is gaining traction around the world. As a result, various government policies and schemes are in place around the world to encourage the use of renewable energy resources, thereby shaping the power device analyzer market future.

To fulfil the Paris Agreement and reduce carbon emissions, the future energy mix will rely more on renewable energy, which puts a number of solar and wind energy projects underway or planned for the future in various countries as adoption of power device analyzers is highly preferred for testing solar cells and as a total carbon analyser, etc.

Furthermore, the renewable sector is experiencing rapid growth, with investments coming from private players and the government.

Major power device analyzer manufacturers are confronted with various challenges unorganized market players who sell sub-standard products.

These unorganized market players outperform the big players in terms of price, competitiveness, and the local supply network they maintain, which is difficult for global players to achieve. Furthermore, local dealers push these locally produced devices into the market because of higher margins.

This apart, due to the sheer lack of stringent government regulations on energy waste, many small and medium-sized industries, particularly in developing economies such as Southeast Asia, choose locally manufactured power device analyzers due to lower prices involved. As a result, increased sales of power device analyzers from local and grey market players limit global players’ opportunities to gain power device analyzers market share.

On account of the aforementioned factors, the power device analyzer market is predicted to muster a revenue of about US$ 58 Mn by 2026.

Speak to our Research Expert: https://www.futuremarketinsights.com/ask-question/rep-gb-14273

Key Takeaways

• Due to government initiatives to implement energy audits with increased mandatory regulations a growing market for Internet of Things (IoT), both the A.C. and D.C. type segments are expected to account for a larger power device analyzer market share by type.
• By current, the below 1000A is likely to lead the market as the vast majority of projects are undertaken in this sector, including automotive, energy, aerospace and defense, and healthcare equipment manufacturing.
• By end-use, the automotive segment is anticipated to dominate the market as the rise of electric and self-driving vehicles has increased the demand for power device analyzers to ensure automotive systems’ quality, safety, and dependability.
• The North American market is expected to be the fastest-growing. The rising number of 4G connections that would necessitate wireless test equipment is the primary growth driver for the market in this region.
• In Asia-Pacific, China and the automotive segment is likely to be at the forefront of the power device analyzer market.
• The power device analyzer market size was around US$ 450 Mn in 2021.

“Asia-Pacific is expected to reign the market in the coming years as its growth is being aided by an increase in demand for electric vehicles (E.V.s) and a tightening of government policies and to avoid financial penalties, manufacturers must earn a certain number of points per year, which are awarded for each E.V. produced. As a result, E.V. sales in China are expected to account for 40% of total vehicle sales by 2030. Furthermore, global automakers such as BMW, Tesla, and Volkswagen are establishing manufacturing facilities in Asia Pacific due to the lucrative opportunities available. As a result, rising investment in major end-use industries is expected to drive the market for power device analyzers during the forecast period.” asserts an FMI researcher.

Buy Now Report Here: https://www.futuremarketinsights.com/checkout/14273

Comparative View of Adjacent Power Device Analyzer Market

Competitive Landscape

The market’s top players in the power device analyzer market include Fortive (U.S.), Keysight Technologies (U.S.), Iwatsu (Japan), Yokogawa (Japan), Hioki E.E. Corporation (Japan), Rohde & Schwarz (Germany) and Newtons4th (U.K.).

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-14273

A few of the recent developments in the power device analyzer market are as follows:

• Iwatsu will release the Curve Tracer CS-800. This series has a testing capacity of up to 5kV and 2000A and is considered one of the significant emerging trends in the power device analyzer market.
• The PA920 Series Power Analyzer from Vitrel features an ultra-high accuracy, wideband waveform digitizer with advanced computational capability, a large high-resolution display, and a full-colour touchscreen user interface for power measurement accuracy (0.024 per cent, 20Hz).

Explore FMI’s Extensive ongoing Coverage on Industrial Automation Domain

Charge air coolers Market: Increasing demand of turbocharged vehicles nowadays in both diesel and gasoline vehicles has increased the demand of charge air coolers.

Lubrication Equipment Market: The growth of the global lubrication systems market is estimated to be driven by the growing need highly dependable machinery and the effective maintenance of the machinery.

Underground Storage Tanks Market: The covid-19 crisis is anticipated to have a consequential impact on the global economic growth for the period of 2020-2021.

Grouting Machine Market: The covid-19 crisis is anticipated to have a consequential impact on the global economic growth for the period of 2020-2021.

Roof Vents Market: Growing installation of roof vents in industrial areas as these products are instrumental in removing the toxic industrial emissions and are based on the latest technology, are the major supporting factors for roof vents market growth.

Rubber choppers Market: With the rapid outbreak of coronavirus pandemic creating restrained rate of  production and supply in the manufacturing sector, the rubber chopper market is also expected to take a hit in lieu of the same.

Rotary Knife Cutters Market: The market growth rebound is expected to take a longer span with the phased resumption of agricultural and horticultural activities coupled with supporting marketing and promotion of rotary knife cutters.

Heat Shrink Terminations Market: Demand from residential, commercial and industrial electrical and HVAC equipment installations is primarily expected to drive the heat shrink terminations market.

Metallic Rope Cords Market: “The demand glut in Metallic Rope Cords has led industry players to resort to production cuts to cope with the ongoing crisis, especially in this industry.

Industrial Grout Pumps Market: Rapid increase in construction activities across commercial buildings and establishments are requiring a high quantum of cement grouting for construction.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/power-device-analyzer-market
Press Release Source: https://www.futuremarketinsights.com/press-release/power-device-analyzer-market

According to latest research conducted, the global market of Polyacrylate Rubber is anticipated to grow with a CAGR of 7% to 8% in between the assessment period of 2021-2031.

Polyacrylate Rubber, also otherwise known as Acrylic Rubbers (ACM), are unsaturated polar rubbers that have a strong resistance to oxygen, ozone, and high temperatures, as well as an excellent swelling resistance in mineral oils. However the material also exhibits a high water absorption rate and poor hydrolysis resistance.

Polyacrylate Rubber is in higher demand than ever before, thanks to rising automobile manufacturing and the necessity for long-lasting & high performance components. The demand for this material is projected to grow significantly due to the rising demand for reduced fuel consumption and increased combustion temperature in the engine compartment.

Download FREE Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-13674
What is Driving Demand for Polyacrylate Rubber?

Rubber consumption has increased as a result of industrialization in a variety of sectors for diverse uses. Rubber consumption is skyrocketing as the world’s urban population grows. The majority of artificial rubber is utilized in the automobile industry. Usage in electronic equipment and for components in numerous equipment & industries is also on the increase.

In the same way, Polyacrylate Rubber is also becoming more popular in a variety of applications, including coatings, textiles, seals & gaskets, adhesives, plastics, motor oils and lubricants, pipelines, and others. Among them, Ethyl acrylate rubbers are increasingly preferred over other types of this rubber due to their better qualities, such as strong heat, oxygen, and ozone resistance.

Some of the other reasons boosting demand for Polyacrylate Rubber in the global market include increased automobile production and a growing preference for components with good performance in extreme working conditions.

Furthermore, increased demand from end-use sectors such as consumer products and plastics is likely to propel the market forward.

Polyacrylate Rubber Witnessing High Demand from the Automotive Industry

The global Polyacrylate Rubber market is primarily driven by the rising automotive industry and increasing vehicle demand due to the changing lifestyle. This acrylic rubber is primarily utilized in the automobile industry to lend strength to seals and packaging. The growing need for oil-resistant materials has also led to the introduction of these rubbers in vehicle seals.

Furthermore, the desire for low-fuel consumption is increasing, and the growing temperature in the engine compartment helps to increase the demand of the rubber in the automotive industry owing to its excellent high temperature operational performance. This rubber formulation is also used in vibration damping mounts because of its damping qualities.

US and Canada Polyacrylate Rubber Market Outlook

The North America region (US and Canada) is estimated to be one of the major markets for Polyacrylate Rubber owing to the higher demand of the material from sealing and packaging applications in a variety of end-use industries.

Owing to its numerous applications in textiles, adhesives, and coatings, market for Polyacrylate Rubber is projected to offer significant opportunities in the US due to the high growth of industries such as automotive, textiles and paints and coatings.

APAC Demand Outlook for Polyacrylate Rubber

Increased purchases of heavy-duty trucks and commercial vehicles in the APAC region have been boosted by factors such as economic expansion and ongoing high levels of infrastructure expenditures. As a result, the market in the Asia Pacific area has benefited from the strong demand from automotive component manufacturers.

Because of the region’s thriving automotive sector, Asia Pacific, particularly China, is also likely to contribute considerably to the total market. Other key markets for this rubber in the region include Japan, South Korea, India and the ASEAN countries.

Ask for Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-13674
Who are the Key Manufacturers and Suppliers of Polyacrylate Rubber?

Some of the leading manufacturers and suppliers include

• Hi-Tech Polymers
• Ames Rubber Manufacturing
• DuPont
• Elder Rubber Company
• GBSA
• CANADA SILICONE INC.
• Kivi Markings
• Specialty Tapes Manufacturing
• REDCO
• Jiujianshilong
• Plexipave
• Sreeji Trading Company
• Harboro Rubber
• Rubber Mill
• Qinglong
• Apcotex Industries Ltd.
• Anabond Limited
• Tiger Rubber Company
• ZORGE
• Hanna Rubber Company
• Synthos SA
• Vanderbit Chemicals LLC
• Devcon
• Fostek Corporation
• INEOS Nitriles Company
• PAR Group
• Jet Rubber Company
• NOK
• ZEON
• Haiba
• Continental AG
• Zhongce Rubber Group
• Cheng Shin Rubber Industry Co.
• Unimatec Chemicals.

To achieve technical advancements in the product formulation, market players are employing a variety of strategies and investing heavily in R&D. However, the rubber market is now being impacted by the COVID-19 epidemic, which has caused most industrial operations to be temporarily halted.

As a result, demand and the supply chain have been impacted, limiting growth in the year 2020. However recovery in the automotive sector starting in the first half of 2021 is expected to provide steady opportunities for the key players.

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.

Key Segments

By Source:

• Ethyl Acrylate (EA)
• Butyl Acrylate (BA)
• Methoxyethyl Acrylate (MEA)
• Ethoxy Ethyl Acrylate (EEA).

By Application:

• Gaskets
• O-rings
• Beltings
• Adhesives
• Shaft seals
• Plastics
• Engine Oils and Lubricants
• Piping

By End Use Industries:

• Packaging
• Automotive
• Consumer Goods
• Chemicals & Materials

By Region:

• North America (U.S., Canada)
• Europe (Germany, Italy, France, U.K., Spain, BENELUX, Russia, Nordics)
• East Asia (China, Japan, South Korea)
• South Asia and Pacific (India, ASEAN Countries, Oceania)
• Latin America (Brazil, Mexico)
• Middle East and Africa (GCC Countries, Turkey, Northern Africa, South Africa)

The DC switchgear industry growth is likely to be boosted by the shifting preference towards energy-efficient distribution networks, as well as increased concerns about transmission network stability, security, and reliability. Growing investments in renewable energy sector also holds high potential for creating lucrative DC switchgear market opportunities over the forecasted period.

The COVID-19 pandemic led to a substantial drop in transportation and related activities, which had an impact on energy demand, hence constraining DC switchgear market growth.

Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-14262

However, the DC switchgear market study finds that the demand for rail transportation is steadily expanding. Short-distance air travel can be replaced by high-speed rail. But significant investment in the power supply network is required to operate high-speed railways economically. As DC switchgear is an essential component of DC substations, opportunities for players in the DC switchgear market are anticipated to rise.

Solar, wind (onshore and offshore), biomass, hydropower, and geothermal power plants are all rural areas and DC switchgear companies use HVDC systems to connect such far-flung power-producing sources and reduce transmission losses with long-distance power transmissions.

In new or under development projects, combining renewable power generation sources with HVDC transmission connections is becoming more common. These necessitate frequent and consistent monitoring of the entire system to ensure minimal losses and fault protection. Switchgear is required for the proper operation of HVDC converter stations. As a result, the factor presents a lucrative DC switchgear market opportunity for makers.

Multiple hurdles, such as adverse environmental conditions, demanding laws, and technical concerns, are linked with installing upgraded DC switchgear; all of which constitute a danger to any nation’s economy. Smart gadgets help any power supply system run smoothly, but they can also be a security risk due to anti-social forces.

When passing through the security on remote access, data theft, or security breaches could occur, resulting in blackouts and power outages. Substations, of which DC switchgear is a part, require a multi-layer shield to protect its cyber security, which could impede the growing demand for DC switchgear.

Key Takeaways:
Contribution of railway segment is projected to be the most during the forecast period.
Sales of DC switchgear with a capacity of 750 V is anticipated to remain the highest, as end users seek high efficiency.
The DC switchgear market size in the United States is expected to grow by more than 5% by 2025. The same can be attributed to government initiatives to replace and upgrade existing distribution networks.
By installation, the outdoor installation segment is expected to have a large DC switchgear market share due to its ability to withstand harsh climatic conditions while also providing reliable and cost-effective operations.

“Asia Pacific is anticipated to have a major share of the global switchgear market, owing to increased investments in the railway sector and the incorporation of renewable energy sources, particularly in countries like Australia, India, China, and Japan. The presence of a large potential for large industrial plant construction, combined with rapidly developing residential and commercial sectors, is also expected to increase the demand for DC switchgears and contribute to regional growth.” opines an FMI analyst.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-14262

Competitive Landscape:
A few key players in the DC switchgear market are Toshiba Infrastructure Systems & Solutions Corporation (Japan), Siemens (Germany), Hitachi Energy Ltd. (Japan), ABB (Switzerland) and Eaton (Ireland), L & T (India), Lucy Electric (UK), Hubbell Incorporated (United States).

DC switchgear companies use different strategies to acquire a high share in the DC switchgear market. Some of the key strategies in DC switchgear market include contracts and agreements, investments and expansions, partnerships, collaborations, alliances, and joint ventures.

MHI Vestas Offshore Wind has agreed to supply high voltage switchgear by 2022 with Mitsubishi Electric Europe B.V. and Taiwanese manufacturer Shihlin Electric Co.
Eaton has announced the acquisition of Switchgear Solutions, Inc., a pioneer in innovative switchgear solutions, in the United States to introduce advanced medium voltage products in North America. Customers would benefit from this acquisition as it would provide compact, low-maintenance, and highly configurable solutions.

Key Segments
By Voltage:

Up to 750 V
750 V to 1,800 V
1,800 V to 3,000 V
3,000 V to 10 kV
Above 10 kV

By Deployment:

Fixed Mounting
Plug-In
Withdrawable Units

By Application:

Railways
Solar Farms
Battery Storage
EV Charging Infrastructure
Marine
Power Generation

By Region:

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

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-14262

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Access Full Report Here: https://www.futuremarketinsights.com/reports/dc-switchgear-market

Increasing investments in mechanical equipment will pave the way for the expansion of the industrial air compressor market in the coming years. As per a Future Market Insights (FMI) analysis, the industrial air compressor market is projected to be valued at ~US$ 26.7 Bn in 2021.

Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and is expected to have a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report has forecast the global switchgear market to grow at nearly 6.9 % CAGR during 2021-2031. The report offers analysis of growth trajectory exhibited by the market in 20+ high-growth countries. It offers detailed insights on into factors that will be driving growth over the coming decade.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-282 

The demand for switchgear was moderate in the 2020 however with it had to experience a brief period of lackluster growth on account of the unprecedented COVID-19 outbreak. Supply chain disruptions witnessed by end-use sectors such as T&D utilities, commercial, industrial and residential had restrained growth to an extent. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive.

As T&D utilities sector estimated to witness healthy growth rate in the forecast period. According to the report, T&D utilities are expected account for nearly 46% of switchgears sold in 2021. Besides this, the demand is expected to surge in commercial, industrial, and residential sectors enabling growth in the market.

For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-282 
Key Takeaways

• After a period of negative growth, the market will show impressive improvement, registering above 6% y-o-y growth in 2021
• The U.S. is expected to account for over 60% of sales in North America
• After a period of negative growth, the U.K. will exhibit above 6% y-o-y growth in 2021, emerging as a strong market for switchgears
• Expansion of the energy and utilities sector will enable growth in Germany and France
• Government initiatives are expected to support growth in Japan and South Korea

“Increase in demand for advancement in the switchgear and advent of smart grid are expected to give impetus to switchgears. The use of the voltage fluctuator is very common in the heavy as well commercial sectors. It is used in the transmission and distribution of energy to consumer and for running machineries. The need of the energy is increasing day by day, which has been aiding the overall expansion of the switchgear market. ” says FMI analyst.

Switchgear market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate on research and development activities and capitalize on opportunities especially in the field of T&D Utilities. Their key focus will however remain meeting requirements of consumers. Collaboration with local players and developing new technology in the form of smart grid and advanced switchgear are key strategies adopted by the market players.

Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These companies are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are ABB Ltd., Siemens AG, Schniender Electric, Havells India Pvt. Ltd., Hyundai Electric and Energy System, Fuji Electric, Powell Industries, etc.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-282 

Valuable Insights into Switchgear Market

FMI’s report on the switchgear market is segmented into six major sections – component (power distributor switch breaker, switch disconnector, MCCB, HRC fuse, earth switch, and MCB), voltage (low voltage, medium voltage, high voltage, extra-high voltage, ultra high voltage), construction type (outdoor, indoor, and others), insulation type (air insulated, gas insulated, oil insulated, and vacuum insulated), end use (T&D utilities, commercial, residential, industrial, and commercial), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the retail automation market.

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 demand for water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period. 

The historical growth of water treatment system market from 2015 to 2021 is valued at a CAGR of 5.5%. The growing emphasis on the significance of fresh water in various industrial and household applications is increasing the adoption of water treatment systems across the globe.

Water Treatment System Market Analysis (2021A)	US$ 62,214 Mn
Water Treatment System Market Estimation (2022E)	US$ 66,094 Mn
Water Treatment System Market Forecast (2030F)	US$ 111,922 Mn
Value CAGR (2022-2030)	6.8 %
Collective Value Share: Top 3 Countries (2022E)	42.8%

FMI has identified North America to remain a key market for water treatment systems due to rising use of water treatment systems and the growing adoption of new technologies for these systems. The region is estimated to witness a value CAGR 5.2% in the water treatment systems market.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-12412 

As worldwide population is expected to reach around 9.7 billion by 2050, it has become increasingly important to yield more with less resources. As the water treatment market continues to encounter squeezing pressures, particularly due to impacts of severe climate change, governments across the world are focusing on improving resilience and sustainability of water treatment systems.

Technology and innovation are playing a vital role in safety and scarcity, utility operations, water efficiency, monitoring and treatment, and data analytics. Market players are seeing a greater interest by businesses and utilities to test and implement future-proof technologies.

For instance, remote sensing of water that helps with non-revenue water remediation, and water accounting, Internet of Things (IoT) that enables water quality control, and smart irrigation. Coupled with new computing capacity, IoT enables market players to devise complex models for water management.

Key Takeaways of Water Treatment System Market Study

• Worldwide adoption of water treatment systems to surge at 6.0% CAGR over 2022-2031
• Preliminary treatment systems to procure leading revenue share, tantamount to 40%
• Application in process water/water treatment to remain prominent through 2031
• Industrial sector to attract substantial investments from stakeholders
• East Asia to emerge as epicenter of value-capture opportunities in coming years

COVID-19 Impact on Water Treatment System Market

While frequent hand washing and sanitization has been broadly considered as among the most efficient ways to avoid contagion of COVID-19, the UNICEF/WHO has estimated that 3 billion individuals globally lack the facilities to follow such norms. With the COVID-19 pandemic underlining the connection between clean water and public health, the bar for “clean” has been lifted.

For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-12412 

Water treatment systems have been considered reliable and essential aspect of societies and a key contribution to public health during the global pandemic. Utilities’ initial response to the pandemic by optimizing disinfection doses has been the key step in protection and avoidance of both utility workers and the receiving water ecosystem and minimizes the potential contagion of the coronavirus.

Several companies are stepping up existing water treatment facilities in hard-hit areas that possibly contract COVID-19 infection from places including, community clinics, hospitals, and nursing homes.

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

Water Treatment System Market – Competitive Intelligence

The global water treatment system market is substantially consolidated, with leading players capturing bigger slice of overall market revenue. Manufacturers are highly focused on devising innovative business models to strengthen their market position. They are investing significantly in R&D activities and innovative designs with better capacities. For instance,

• Arvind Ltd. has rolled out water elements and O & M services, Kaigo, wherein components and spare verticals incorporate technologies and products used in development and maintenance of effective wastewater treatment systems
• Aquatella has developed 4-stage countertop water filter that wards off almost 99% of all heavy metals, toxic pathogens, chemicals, and pesticides from potable water
• Pentair plc has taken over US-based water treatment equipment firms – Pelican Water Systems and Aquion – in September 2022

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-12412 

To Know More About Water Treatment System Market:

A new market research report published by Future Market Insights (FMI) on the global water treatment system market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2022-2030. The report examines the water treatment system market through four different segments – system type, application, end use and region. The water treatment system market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of water treatment systems and product adoption across several end-use industries

The global non-destructive testing (NDT) Inspection services market is experiencing a spike in revenues as various end users are investing making their methods safe for workers and consumers. Primarily used to identify defects, faults, and cracks, the NDT inspection services play an important role in industries that use machinery for automation. Constant checks ensure evaluation of safety to keep the processes up and running.

In the coming years, the growing investments in railroads, aerospace industry, art market, and healthcare sector is expected to fuel market growth. The market is expected to see a high demand for ultrasonic testing, as it is easy to use, portable, and offer precise results in quick turnaround time.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11943 

The market is also expected to be driven by the aging infrastructure that requires constant upgradation to ensure safety. Detection of instabilities and component failures help in implementing preemptive measures, reducing downtime and cost due to delays.

Advancements in radiographic testing equipment with industrial CT scanners has also emerged as strengthening trend in the global market. Future Market Insights predicts that the global NDT Inspection Services market will reach a valuation of over US$ 28 Bn by the end 2030.

Key Takeaways from Global NDT Services Market Study

• Asia Pacific to emerge as the leading regional segment as power plants and manufacturing activities are slated to surge in forecast period
• Ultrasound to occupy sizeable chunk in the market as it remains widely used equipment for assessing dysfunctionalities
• Oil and gas sector to employ NDT inspection services at a growing rate to avoid spillage, leaks, and other accidents
• Government initiatives such as “Make in India”, “Industry 4.0”, and “National Infrastructural Plan” to boost market growth in coming years

Manufacturing Sector to Lead the Way for Global NDT Inspection Services

For critical insights on this market, request to ask an expert here @ https://www.futuremarketinsights.com/ask-question/rep-gb-
11943

The manufacturing sector is expected to grow at an unprecedented pace across regions being a major contributor to global economy. This sector is expected to register a CAGR of more than 6% between 2020 and 2030. As more and more number of manufacturers are trying to automate tasks, they are likely to require testing methods to identify faults in machinery and equipment. Thus, between 2020 and 2030, the NDT inspection services are likely to see extensive application in the manufacturing sector.

The rise of automotive, aerospace, defense, electrical and electronics manufacturing, especially in India and China are expected to boost the uptake of NDT inspection services. Furthermore, stringent laws pertaining to the worker safety across developed nations is also anticipated to lead to a revenue generation for NDT inspection services in the near future.

COVID-19 Impact on NDT Services Market

The manufacturing sector has been terribly hit by the COVID-19 pandemic. Brining the economies to halt and disrupting the supply chains, the pandemic has also prevented manufacturing activities. Stringent norms of social distancing to prevent infections have resulted in reduced manufacturing activities.

Labor migration back to villages, especially in a country like India, has affected the manufacturing activity beyond measure. Furthermore, plummeting consumption as consumers get cost conscious spending and chances of infection via deliveries, it has addled the manufacturing issues. In the light of this, the NDT inspection services market is expected to suffer as third-party vendors stand to lose their contract renewals.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-11943 

More Valuable Insights on Global NDT Services Market

FMI’s research on the global NDT inspection services market is segmented into four major segments. To begin the market for global NDT inspection services is segmented into offering type, which includes NDT Inspection Services and equipment. On the basis of test method, the market is segmented into visual testing, magnetic particle testing, liquid penetrant testing, Eddy current testing, ultrasonic testing, and radiographic testing. On the basis of industrial vertical, the market is segmented into oil and gas, manufacturing, aerospace and defense, construction, automotive, power generation, and others. Regionally, the market is divided into North America, Latin America, Europe, East Asia, South Asia and Pacific, and the Middle East and Africa

ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts that the global agricultural equipment market will register a CAGR of 4.8% between 2021 and 2031, reaching a market volume of around 6.7 Mn units by 2031 end.

The swift growth of agricultural equipment market can be attributed to the growing preference for farm mechanization and increasing governmental policies to facilitate crop production.

The agriculture industry is under constant pressure to address the food security issue. Farmers across the world are employing various equipment to increase food production. These machines minimize the manual labor and reduce turnaround time.

To remain ‘ahead’ of your competitors, request for a sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-523

Growing popularity of precision farming is augmenting the demand for modern agricultural equipment. With the integration of artificial intelligence (AI) and internet of things (IoT), the sales of agriculture equipment are soaring. Smart farming is gaining traction.

Introduction of electric agricultural equipment has completely changed the market scenario. These equipment does not only minimize the emissions but also reduce costs and improve efficiency.

New trends of agricultural robotics and driverless machines are attracting large number of farmers to upgrade their equipment systems.

As per FMI, the agricultural equipment market will surpass a valuation of US 65 Bn by 2021 end.

“Technological advancements in agricultural equipment and the availability of farm equipment rentals will offer lucrative growth opportunities for the manufacturers in the future” says the FMI analyst.

Key Takeaways from FMI’s Agricultural Equipment Market Study

• Europe dominates the ground support equipment market as a result of increasing agricultural mechanization and presence of leading manufacturers. The market in the region is set to register steady growth at 4.4% CAGR between 2021 and 2031.
• The U.S. is expected to register a strong CAGR during the forecast period as a result of rapid technological advancements and availability of equipment leasing.
• With implementation of favorable governmental policies, China is anticipated to emerge as the leading market for agricultural equipment.
• Top 5 players operating in agricultural equipment market collectively account for 44% market share.
• By product type, tractors dominate the agricultural equipment market with their multipurpose nature.

For Information On The Research Approach Used In The Report, Request TOC@ https://www.futuremarketinsights.com/toc/rep-gb-523

Competitive Landscape

Key players operating in agricultural equipment market are investing heavily on research and development activities. They are adopting various organic and inorganic growth strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market. For instance,

In August 2021, Precision Planting, LLC a subsidiary of AGCO Corporation announced an agreement to acquire the business and assets of Headsight, Inc., a leading precision agriculture harvesting solution company. The acquisition will help the company to offer farmers a range of industry-leading precision ag technologies across the crop cycle that will help them to maximize their value and output while minimizing inputs and impact.

In 2021, XAG Co., Ltd. Launched XAG R150, a jet sprayer system to pollinate fruit trees. A specially mixed solution of pollen is poured into the R150’s liquid tank before it is sent on a predetermined route around an orchard to spray pollen.

For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-523

Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient.

Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period.

According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031).

Key Takeaways of Robotic Lawn Mower Market Study

In terms of segmental analysis, the sales of robotic lawn mowers are expected to remain concentrated to residential end use; nevertheless, sales in the commercial segment are projected to witness hefty growth over the coming years.

e-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot, etc.

Demand in the Europe-based consumer market has grown rapidly in recent years, and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation.

GPS and Bluetooth-enabled robotic lawn mowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawn mowers.

“There is significant potential in the long-run as far as robotic lawn mowers are concerned for lawns in commercial areas, sports fields, hotels, and parks. Thus, companies in the market are positioning themselves to enter the professional/commercial market where requirements for technology and reliability are even higher

To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-9331

Robotic Lawn Mower Market : Competitive Landscape

The global robotic lawn mower market is significantly consolidated, with a few players holding a prominent share of nearly 50% in the market space.

Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others.

Moreover, to win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & Pacific.

Find More Valuable Insights on Robotic Lawn Mower Market

FMI, in its new research report, offers an unbiased analysis of the global robotic lawn mower market, presenting forecast statistics for the period of 2021-2031.

The report reveals insights on the robotic lawn mower market, and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the robotic lawn mower market value chain.

Readers can also find key trends and market growth scenarios based on working area, end use, sales channel, and regions such as North America, LAMEA, South East Asia & Pacific, and Europe.

Robotic Lawn Mower Market Taxonomy

The global robotic lawn mower market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-9331

Working Area

• Small Area (up to 0.4 acre)
• Medium Area (0.4-0.8 acre)
• Large Area (above 0.8 acre)

End Use

• Residential
• Commercial

Sales Channel

• Offline
• Online

Region

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