Demand from Retail Food and Beverages Sector to Account for over 70% of Refrigerated Display Cases Market Sales: Study

Increasing refrigerated display cases sales are set to enable the market’s valuation to reach US$ 9.5 Bn in 2021. Future Market Insights (FMI) in a study has predicted stable long-term growth for the market. The report offers analysis in 20+ high-growth markets, providing detailed insights on Refrigerated Display Cases Market growth will evolve in the next decade. The demand for refrigerated display case declined in 2020, due to the recessionary effects of COVID-19 on the food service sector activities. However, barring a few countries, the activities in food and beverage industry has resumed at a healthy rate post Q2 of the financial year.

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With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of refrigerated display cases the market remains positive. According to the report, the retail food and beverages sector will continue accounting for over 70% of sales of refrigerated display cases through the forecast period.

Introduction of high performance and connected refrigerated display cases with real time cloud access and maintenance will create lucrative growth opportunities. In the coming years, the market also will gain from the launch of low GWP refrigerants aimed at lowering environmental challenges.

Key Takeaways

  • Expansion of the supermarkets and hypermarkets will remain a chief growth driver, enabling the market rise at 5.5% CAGR between 2021 and 2031
  • Rising demand for ready-to-eat food is fuelling refrigerated display cases sales across supermarkets and hypermarkets in the U.S. The country is expected to account for over 70% of the North America market
  • Expansion of the food service sector will enable growth in Germany and France
  • The U.K. will emerge as a strong market, exhibiting 3.8% y-o-y growth in 2021 after a period of decelerating sales in 2020
  • While China currently holds dominance, Japan will emerge as the leading market in East Asia backed by rising demand for packaged food

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“Recent developments in food service and food retail sectors are creating lucrative prospects for the market. Consumers’ inclination towards add-on features like real time maintenance, remote access, and others is increasing, which is expected to give tailwinds to growth. In order to woo end users, manufacturers are therefore providing competitive price offering and advanced technologies,” says FMI analyst.

The implementation of stringent government norms and regulation on use of refrigerant for cooling is estimated to create high growth avenues for the refrigerated display case market. The increasing focus on eco-friendly and sustainable refrigerated display cases in developed and developing economies across the globe is creating growth opportunities.

Competitive Landscape

The refrigerated display cases market is fairly competitive, with key players accounting over two third of the overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market share.

Some of the key players in the market are

  • Carrier Corporation,
  • Frigoglass SAIC,
  • Epta S.p.a. Refrigeration,
  • Dover Corporation,
  • Haier Group,
  • Arneg S.p.A,
  • Illinois Tool Works,
  • Daikin Industries, Ltd.,
  • Fagor Industrialand others.

Refrigerated display case market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities. Collaboration, mergers and acquisition with regional companies will remain key strategies adopted by market players as they aim at expanding their footprint in regional market.

Refrigerated Display Cases Market

Type

  • Plug-In Refrigerated Display Cases
  • Semi Plug-In Refrigerated Display Cases
  • Remote Refrigerated Display Cases

Design

  • Vertical Refrigerated Display Cases
  • Horizontal Refrigerated Display Cases
  • Hybrid Refrigerated Display Cases

By End Use

  • Food Service Sector
    • Quick Service Restaurants
    • Bakeries
    • Hotels
    • Others
  • Retail Food & Beverage Sector
    • Fuel Station Stores
    • Hypermarkets
    • Supermarkets
    • Discount Stores

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • MEA

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Get Valuable Insights into Refrigerated Display Cases Market Report

Future Market Insights, in its new offering, provides an unbiased analysis of the global refrigerated display cases market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The refrigerated display cases market study uncovers convincing bits of knowledge based on type (plug-in, semi plug-in, and remote), design (vertical, horizontal, and hybrid), and end user (food service sector and retail food and beverages sector) across six key regions.

Global Tool Holders Market is anticipated to reach over US$ 1,604.5 Mn by the end of the projected period, growing at a CAGR of 5.1% :FMI

Global demand for tool holders, specifically arising from the automotive and defense, and aerospace industries will witness a relatively steady growth between 2018 and 2028, as predicted by Future Market Insights (FMI) in its recently released market intelligence report.

While the demand for tool holders will be largely driven by emerging economies, in particular the manufacturing sector, China is likely to make substantial investments in high-performance cutting tools, considering the robust manufacturing and industrial output in the region.

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In other developing countries such as the Philippines and Bangladesh, the positive scenario and policies, infrastructure, and steps, which are being taken to promote business, especially the manufacturing sector, will have a positive impact on the tool holders market offering huge opportunities for investors.

As per the report, the global tool holders market will top US$ 1 Billion by 2019. Moreover, growing demand for high precision products with increased output capacity is propelling the demand for advance tool holders in the global market, opines FMI.

Key Market Insights at a Glance:

  • The demand for tool holders is anticipated to grow at a moderate pace over the forecast period.
  • The 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 the Asia Pacific region.
  • China will remain the largest consumer of machine tools, followed by the 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.
  • Based on types of the tool holder, the 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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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 are further reduced. 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.

Takeaways from Competitive Landscape Analysis

  • In a moderately consolidated landscape, tier-1 companies such as Kennametal Inc., Sandvik 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.

Tool Holders Market: Segmentation

Taper Type

  • R8
  • Morse Taper
  • V-Flange Taper
  • BT Flange Taper
  • NMTB
  • HSK

Tool Holders Type

  • Collet Chuck
  • End Mill Holders
  • Hydraulic Toolholders
  • Milling Chucks
  • Shell Mill Holders
  • Shrink Fit Holders

Machine Type

  • CNC Machining Centre
  • Vertical Machining Centre
  • Horizontal Machining Centre
  • CNC Turning Centre
  • Others (CNC Drillers, CNC Lathe, etc.)

End Use

  • Automotive
  • Aerospace & Defence
  • Electronic
  • General Machining & Fabrication
  • Medical & Research
  • Construction
  • Heavy Engineering

Regions

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • SEA & Other APAC
  • Middle East & Africa
  • China
  • Japan

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To know more about the various other key forward market strategies dotting the global tool holders landscape and for more in-depth insights on the critical dynamics impacting the growth tool holders market, write to FMI at press@futuremarketinsights.com

Electric Motor Market Comprehensive Shares, Historical Trends And Forecast By 2031 : FMI

[300 Pages Report] The Electric Motor Market to exhibit year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. As per the report, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million units.

According to Future Market Insights (FMI), increasing automation and robotics in industrial production sector have fueled the demand for electric motor. The market also is gaining from rapid technological advancement and advent of industrial 4.0.

Increasing number of players are focusing on research and development related to electric motors, which is anticipated to contribute towards market growth in the years to come.

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“The electric Motors market is anticipated to grow at a strong pace driven largely by increasing demand for innovative and energy-efficient products across industries. Raising automation and digitalization in various end-use sectors are key factors fueling the demand for electric motors Market. Industry participants are investing in expansions, strategic alliances, and cost-effective solutions to gain a competitive advantage,” says a Future Market Insights analyst.

Key Takeaways from Electric Motors Market Study

<1HP. Power output electric motors are projected to hold over 80% volume share of the global market in 2021, owing to robust demand for various applications.

The AC Electric motors are set to hold over 71.6% of the market share on value basis by the end of forecast period.

East Asia will remain a primary market, backed by rising demand from the automotive & residential sector. It is expected to account for over 22.7% of the demand registered in globally in 2021.

Electric motors for robotics application set to surge at CAGR of approximately 5.9% over the coming decade.

The U.K. is emerging as a key market in Europe, with a valuation of over US$ 5.4 Bn in 2021, and anticipated to grow with 5.4% CAGR in the forecast period.

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Competitive Landscape

Companies operating in Electric Motors market are aiming at strategic collaborations and partnerships with other manufacturers to expand their product manufacturing capacity and address the demand of an expanding consumer pool.

For instance, In, On January 24, 2019 Bosch assumed full control of of EM-motive, one of Europe’s most successful manufacturers of electric motors.

On August 3rd, 2021, Nidec Corporation acquired stocks of Mitsubishi Heavy Industries Machine Tool Co., Ltd. and announced an outline for its new subsidiaries.

Manufacturers are also focusing on the expansion of their product portfolio to maintain high customer base across the globe

For instance, On 5 Feb, 2021 Johnson Electric Launches Low Voltage DC Motor Solutions for Smart Furniture. The LVDC motor solutions are designed for actuators used in smart recliners, height adjustable desks, hospital beds and other smart furniture products.

On February 16th, 2021 Regal announced a collaboration with Rexnord’s PMC segment to create world-class power transmission technology.
Some of the prominent players operating in the Land Survey Equipment Market profiled by FMI are:

General Electric
Robert Bosch GmbH
Hitachi, Ltd.
Nidec Corporation
WEG S.A.
Siemens AG
ABB Group
Regal Beloit Corporation
Toshiba Corporation
Johnson Electric
Hyosung Corporation

Find More Valuable Insights on Electric Motor MarketTop of Form

The research report analyzes demand for Electric Motors. The global Electric motors market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of power output, product type, application, end use and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand factors.

Electric Motor Market by Category 

Power Output:

  • <1HP
  • 1-5HP
  • 5 – 10 HP
  • 10 -20 HP
  • 20 – 50 HP
  • 50 – 100HP
  • 100 – 300 HP
  • 300 – 500HP
  • Above 500HP

Product Type:

  • AC Motor
    • Induction Motor
    • Synchronous Motor
  • DC Motor
    • Brushed DC
    • Brushless DC

By Application:

  • Pumps
  • Fans
  • Drives
  • Compressor
  • General Machinery
  • Centrifugal Machinery
  • Grinders
  • Extruders
  • Robotics
  • Others

By End Use:

  • Industrial
    • Oil & Gas
    • Power Generation
    • Mining
    • Food & Beverages
    • Pulp & Paper
    • Chemicals
    • Air Separation Plant
    • Other Manufacturing
  • Residential
  • HVAC & Refrigeration
  • Medical
  • Municipal Water Treatment
  • Transportation
    • Automotive
    • Aviation
    • Electric vehicles
    • Railways
    • Boats
  • Others

By Region:

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

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Key Questions Answered in the Report

· What is the current valuation of the land survey equipment market?

· At what rate did the land survey equipment market expand in the last 5 years?

· What is the land survey equipment market demand outlook?

· What are the key trends prevailing in the land survey equipment market?

· What is the North America land survey equipment market outlook?

· What is the cumulative share of the top five companies in the land survey equipment market?

· At what rate will the land survey equipment market grow in Europe?

· Which are the top 5 countries exhibiting high demand for land survey equipment?

· At what rate will the Japan land survey equipment market grow?

Explore FMI’s Extensive Coverage on Industrial Automation Domain

Gas Insulated Substation Market – Gas Insulated Substation Market Analysis and Review by Voltage Rating – Medium voltage (Up to 72.5 kV), High Voltage (72.5 kV – 220 kV), and Extra High Voltage (220 kV – 765 kV).

Agricultural Equipment Market – 2021 Analysis and Review: Agricultural Equipment Market by Product Type – Tractors, Rotavators, Thresher and Dehuskers, and Power Tillers for 2021-2031.

Commercial Refrigeration Equipment Market likely to surge to a vigorous 4% CAGR during the assessment period 2019 -2029

[280 Pages Report] Commercial Refrigeration Equipment Market will exceed revenues worth US$46 Bn by 2019 end, likely to surge to a vigorous 4% CAGR during the assessment period 2019 -2029

$46Witnessing an uptick of 3.4% over 2018, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 46 Bn by 2019 end. As showed by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2019 – 2029. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

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Sustainable and energy-efficient refrigeration systems will become a norm across the end-use industries, which should compel manufacturers to increase their investments in R&D and product innovations. Leveraging energy-efficient technologies to offer low global warming potential (GWP) products with rich functionalities will be the ticket to capturing significant market share in the long run.

COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS

Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment. North America and Europe would collectively account for over half of the market value share by 2029 end. The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players. The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely affect the market growth. The higher average unit cost of freezers & refrigerators eludes lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2018. Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators. Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2019, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

Manufacturers who are keeping the innovation quotient high and providing turnkey solutions to meet regulatory requirements, with safety to end users at the core, will be rewarded in the long run.

Chinese Players Striving to Win Home Market​

In developed markets, rapid acceptance of alternative refrigerants to benefit from regulatory standards along with expansion of F&B processing industries continues to contribute to the development of the commercial refrigeration equipment market. The growth of Asia Pacific’s commercial refrigeration equipment market was influenced by a shift of Asian eating habits towards western-style convenience food. With the ability to manufacture their own compressors, Chinese companies are gaining competitive edge to reign supreme in their home market with indigenous brands.

Competition Trends

In 2018, the top four stakeholders, including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation, collectively accounted for 20-25% revenue share. The emergence of many young players in developing countries has resulted in price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

Commercial Refrigeration Equipment Market Taxonomy

The global commercial refrigeration equipment market is segmented to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Product

Beverage Refrigerator Drinking Fountain Soda Fountain Beer Dispensing Equipment Beverage Coolers Freezers & Refrigerators Freezer & Chillers Blast Chiller/Stock Freezers Contact Freezers Refrigerators Walk-in-Refrigerators Reach-in Refrigerators Transportation Refrigerators Trailers Trucks Shipping Containers Glass Door Merchandizers Hinged Door Sliding Door Display Cases Ice Cream Cabinets Bakery/Deli Display Beverage Dispensers Refrigerated Vending Machine Ice Machine Ice Scream Machine

By Application,

Food Services, Food & Beverage, Retail Food & Beverage, Production Food & Beverage, Distribution

By Region

North America Latin America Europe South Asia East Asia Oceania Middle East and Africa

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Learn More About What the Report Covers

This FMI report is an extensive analysis of the global commercial refrigeration equipment market that offers actionable insights on how the market growth will unfold over the forecast period, 2019 – 2029. The market for commercial refrigeration equipment has been categorized into various segments for analysis, based on the type of refrigeration equipment, application area, and region. The study provides valued information on key competition trends and most preferred developmental strategies of leading market brands.

Water Softening Systems Market to Gain Momentum at 6.5% CAGR, Amid Rising Sales in Residential Sector: FMI Insights

[243 Pages Report]  Water softening Systems market will total US$ 10.82 Bn by the end of 2021 As per Future Market Insights (FMI) analysis, exhibiting year on year growth of 4.5% between 2020 and 2021. Healthy growth projections remain constant for the forecast period of 2021-2031.

Water softening systems demand outlook remains positive, with the market size projected to expand at a robust 6.5% CAGR over the assessment period. Awareness regarding water quality and policies favoring the implementation of advanced technologies will create a conducive environment for growth.

As per ESOMAR-certified consulting firm Future Market Insights (FMI) recent market survey, the global water softening systems market is anticipated to expand at a robust 6.5% CAGR between 2021 and 2031, surpassing a market valuation of US$ 10.82 Bn in 2021.

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Key trends shaping the water softening systems market include product innovations in the systems associated with high efficacy, technological advancements, and durability, along with growing concerns regarding water contamination across the globe.

Increasing adoption of water softening systems due to excessive mineral composition in water will drive sales in developed countries such as the U.S., the U.K., Germany, and Italy. The presence of leading market players will also augment market growth during the forecast period.

Growing awareness regarding water quality and government-led initiatives such as smart cities, coupled with non-governmental initiatives for promoting water sanitation and public health will generate demand in emerging markets including India, China, South Korea, and Brazil.

Application will continue increasing in the residential sector. FMI sees impressive prospects for non-electric water softening systems sales across households. Government policies adopted towards making clean water available for all will continue aiding sales growth in this segment.

“Conscious efforts to spread water quality awareness led by government and non-profit organizations, along with product innovations in water softening systems aimed at providing better efficacy and enhanced performance will augment market growth in the upcoming decade,” says the FMI analyst.

Key Takeaways from Water Softening Systems Market Survey

  • Based on design, twin-cylinder water softening systems will dominate the market.
  • Residential sector will experience increased adoption of water softening systems throughout the assessment period.
  • The U.S. will continue dominating the market due to the high concentration of market players.
  • Sales outlook in the U.K. is projected to be positive with increasing applications of water softening systems in households.
  • India will emerge as a lucrative market for sales of water softening systems, owing to growing awareness regarding water quality in the country.

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Competitive Landscape

EcoWater Systems LLC, Culligan International Company, Kinetico Incorporated, Hydroflux, Envicare Technologies Pvt. Ltd., Wychwood Water Systems Ltd., Harvey Water Softeners Ltd., Pelican Water Systems, BWT AG, Marlo Incorporated, Monarch Water Ltd., Qingdao Haier Co., Ltd., Atlas Filtri, Watts Water Technologies Inc., Feedwater Limited and Canature Health Technology Group Co Ltd. are among the top manufactures in water softening systems market, as profiled by FMI.

To manufacturers of water softening systems account for approximately 1/5th of the total sales of water softening systems. Lucrative strategies adopted by key players include new product launches, site expansions, mergers, acquisitions, and collaborations. For instance

  • In May 2021, Culligan International was acquired by BDT Capital Partners, LLC, entering its next phase of growth by accelerating consumer strategy and extend its international footprint by innovating products with digital growth initiatives.
  • In April 2021, Watts Water Technologies launches a new brand ‘Lync’ to provide solutions that address growing concerns in commercial buildings regarding water quality and preventing risks of infections from water-borne pathogens, while ensuring reliability and durability in the long run.

More Insights on the Water Softening Systems Market

In its latest report, FMI offers an unbiased analysis of the global water softening systems market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of operation type (electric and non-electric), application type (residential, industrial and commercial), design (mono cylinder, twin-cylinder, multi-cylinder), and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

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About Industrial Automation Division at Future Market Insights

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

Telecom Tower Power System Market to expand at over 6.7% CAGR from 2021 to 2031.

[275 Pages Report] The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031.

According to the study, the overall telecom tower power system market worth is expected to reach US$ 6.7 Bn by 2031. While outdoor telecom tower power systems are expected to remain dominant, indoor telecom tower power system will witness a surge in demand, exhibiting growth at 7.1% CAGR in 2021.

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In spite of the recessionary effect of the COVID-19 pandemic in 2020, the telecommunication industry in terms of essential service sector has remained unaffected. With the continual demand for high energy efficient solutions, growth of telecom tower power systems is expected to reflect an upward trajectory for the foreseeable future.

Demand for telecom tower power systems is increasing with the rise in the volume of telecom tower networks in recent years. This can be attributed to an increase in investments and expansion of new telecom infrastructure projects in developing nations.

The growing requirement of mass production has resulted in increased importance of process automation. The market is shifting towards Industry 4.0 norms, leading to the promotion and universal adoption of new production technologies.

Increasing number of players focusing on research and development related to telecom tower power systems is anticipated to contribute towards market growth in the years to come.

Telecom Tower Power System Market Snapshot

The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031.

According to the study, the overall telecom tower power system market worth is expected to reach US$ 6.7 Bn by 2031. While outdoor telecom tower power systems are expected to remain dominant, indoor telecom tower power system will witness a surge in demand, exhibiting growth at 7.1% CAGR in 2021.

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Key Takeaways from Telecom Tower Power System Market Study

Outdoor telecom tower power systems are projected to hold over 54% of the global market share in 2021, supported by the availability of superior configurations. The diesel generator + battery segment is set to hold over 41% of the market share as a power source by 2031-end, supported by investments into renewable energy systems. The U.S. will remain a primary market, backed by rising demand from the energy sector. It is expected to account for over 86% of the demand registered in North America in 2021. The markets in India and China are set to surge at CAGR of approximately 8% and 7% over the coming decade. Russia is emerging as a key market in Europe, with a valuation of over US$ 154.5 Mn in 2021, driven by presence of massive telecom infrastructure network.

“The telecom tower power system market is growing at a strong pace driven largely by increasing demand for energy efficient power systems. Increasing investments in the telecommunication industry for the expansion of telecom infrastructure projects will create extensive opportunities for telecom tower power system manufacturers. Industry participants are investing in expansions, strategic alliances, and energy efficient solutions to gain a competitive advantage,” says a Future Market Insights analyst.

Who is Winning?

The telecom tower power system market is moderately consolidated, with key players accounting for more than 55% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to 

Delta Electronics Inc., Cummins Inc., Huawei Technologies Co., Ltd, Eaton Corporation PLC, Vertiv Group Corporation, STMicroelectronics NV, ZTE Corporation, and ABB Ltd.

Find More Valuable Insights

The research report analyzes demand for telecom tower power system. The global telecom tower power system market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of product type, power source, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand factors.

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About Industrial Automation Division at Future Market Insights

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

Power Factor Correction Devices Market Global Industry Analysis 2017 – 2027

Power factor correction devices are also known as power saver devices. It is connected to the mains of the electrical system for improving the power factor measurement taken using an electricity meter. Power factor correction devices measure how efficiently power is consumed. However, the utility bill based on real power is not affected by power factor correction devices, but it is useful for industrial users where the power charges are based on PFC rather than real power.Ideally, power factor will be unity (1 i.e. 100%), when the current and voltage simultaneously achieves maxima, but due to highly inductive load/devices in the real world it is reduced to 0.7 or less. The capacity of a circuit performance at a particular time is real power. It is observed that load/device with a low power factor takes more current than high-power factor devices in the electrical system for the same amount of power transferred. However, energy loss is also more in the distribution of higher current in the system. It also requires higher capacity wires and equipment.

And due to the extra expenses and the wastage of current, power companies charge a higher cost to low power factor users, which are usually industrial and commercial customers. This is mainly caused by lightly loaded induction equipment; any device that has a coil of wire will create low power factor, such as Air Conditioners, pumps, fans or blowers, induction furnaces, weaving machines, standard stamping machines, single-stroke presses and automated machine tools. So, the power factor correction devices are used to raise the power factor of the respective devices and reduce the electricity bill.

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Power Factor Correction Devices Market:Market Dynamics

Robust growth in HVAC systems across the world and increasing awareness among people to save electricity by connecting power factor correction devices to the electrical system lead to substantial increase in demand for power factor correction devices. Also, implementation of energy-efficiency norms and standards for the development of public lighting and power system is also expected to bolster the demand for power factor correction devices over the forecast period.

There are also certain risks associated with the installation of power factor correction devices. When power factor correction devices are connected to the system, they set up a parallel resonance circuit between their capacitors and the system network inductance. Sometimes, the wave components that are close to the parallel resonance are magnified and can cause serious problems such as excessive voltage distortion, insulation breakdown within motors, transformers and conductors and overvoltage tripping of drives . These risks can act as restraints to the power factor correction devices market.

The presence of alternatives such as vacuum contactors can also hinder the growth of power factor correction devices market. Whereas, the growing tendency among people to save electricity by connecting power factor correction devices covers up these restraints to an extent.

Power Factor Correction Devices Market: Regional Outlook

Asia Pacific holds the major share of the global power factor correction devices market, followed by North America and Europe. Asia Pacific accounts for a significant share due to the substantial growth in electricity consuming sectors in this region. Rapid urbanization and industrialization in many major countries in the region such as China and India, is also expected to boost the market growth over the forecast period.

Power Factor Correction Devices Market: Market Participants

Some of the examples of market participants in the global power factor correction devices market, identified across the value chain are

  • Siemens AG
  • ABB
  • Toshiba Corporation
  • Schneider Electric
  • Mitsubishi Electric Corporation
  • LARSEN & TOUBRO LIMITED
  • Eaton
  • Cgglobal

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

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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)

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.

Power Factor Correction Devices Market:Market Segmentation

Segmentation of power factor correction devices market can be doneon the basis of end-use as follows;

  • Automotive industries
  • Consumer electronics
  • Medical and healthcare industries
  • Mining industries
  • Electric Power industry.

Segmentation of power factor correction devices market can be doneon the basis of application as follows;

  • Distributed power factor correction device
  • Group power factor correction device
  • Centralized power factor correction device
  • Combined power factor correction device
  • Automatic power factor correction device

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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 Printing Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2025

Functional printing is a process of bringing functionality into 2D and 3D silicon based components. It is printing of different electronic components using substrates and ink. The some of the most commonly used printing techniques are screen, flexography and inkjet which are being employed to print on various substrates like glass, paper, paper etc. using dielectric inks, conductive copper and silver inks and grapheme inks. The increasing demand for low cost volume production of electronic components and rising concern towards environmental sustainability issues has boosted the growth of Global Functional printing market.

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Functional Printing is used for mass production of electronic devices such as light crystal display (LCD), Radio-frequency identification (RFID) chips, sensors, photovoltaic and organic light emitting diode (OLED).The use of functional printing for production of electronics is not only cost effective and environmentally safe but also provide scope for creating graphical visual effects like electrochromic effect, electroluminescent effect and electroluminescent effects.

Functional printing offers increased durability, efficiency and reliability to the electronic components as compared to conventional process of production. On other hand existing functional printing technologies are still immature in terms of its application in development and production of electronic objects. It act as a both opportunity as well as challenge for market players to develop functional printing specifically designed for printed electronics.

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The North America is the biggest functional printing market as most of the functional printing equipment & material manufacturers are from this region. There is need for technical developments and interdisciplinary efforts to fuel more innovative business opportunities along with core functional printing business to support rapid growth in functional printing market.

The basic factors that drive the growth of global functional printing market is increasing demand of low cost, reliable and robust electronic devices such as RFID antennas and sensors all over the world. The development of new types of substrate materials and inks has further boosted the global functional printing market. The functional printing market is also driven by benefits that it offers such as less material wastage and low power consumption, which ultimately an effort to reduce negative environment impact by electronics industry. On other side, functional printing is not specifically designed for production of electronic components, which is a factor that surpasses the growth of functional printing market.

Global Functional Printing Market: Key Players

Some of the top players in global Functional Printing market include – Avery Dennison Corporation (U.S.), Blue Spark Technologies (U.S.), Blue Spark Technologies (U.S.), BASF SE (Germany), Mark Andy, Inc. (U.S.), Xennia Technology (U.K.), Novaled AG (Germany), Xaar PLC (U.K.), Palo Alto Research Center Incorporated (PARC) (U.S.) and E Ink Holdings, Inc (Taiwan).

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The report covers exhaustive analysis on:

  • Functional Printing Market Segments
  • Functional Printing Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Functional Printing Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Functional Printing Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Functional Printing Market Drivers and Restraints

 

Functional Printing Market

On the basis of materials, Global Functional Printing market is segmented into

  • substrate
  • ink
  • glass
  • polyethylene naphthalene (PEN)
  • plastic
  • gallium nitride (GAN)
  • paper
  • polyethylene terephthalate (PET)
  • silicon carbide
  • dielectric inks
  • conductive copper
  • silver inks
  • grapheme inks.

 

 

Flexible Batteries Market Size, Share, Industry Analysis, Segmentation, Trends and Forecast 2025

Innovation and technical advancement in form factor of batteries is driving the power storage industry globally. The flexible batteries are the primary and secondary batteries which are technologically developed to be flexible and conformal as compared to traditional batteries that are heavy, rigid and generally have fixed form factors. As the form factor of devices like smartphones, tablets and wearable devices is made lighter, thinner and flexible, there is need of flexible and thin battery which can satisfy ever increasing demand for electric power needed to power these device for long period of time.

The flexible batteries market is fuelled by demand for flexible batteries for devices like wearable electronics devices, smart cards, transdermal drug delivery patches and flexible displays. Internet of everything is also a factor responsible for driving need for flexible batteries to power portable and handheld consumer devices.

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Besides having thin and flexible form factor, flexible batteries offers numerous other benefits. The flexible batteries are long lasting, powerful, and free from safety concerns and made up of inherently safe material to adapt to emerging technologies in flexible electronics. The flexible batteries are made up of polymer with improve conductive property and can be stretched and rolled as per need of the device where it is used. On other hand, there is a need to address some technological issues related to short circuit during flexing.

On the basis of Application, global flexible battery market is segmented into – Wearable electronics, consumer electronics, Packaging and transportation, medical, healthcare & cosmetics, & networks and others. Share of wearable device application is expected to dominate the market and Medical, health & cosmetic application is expected to exhibit highest CAGR for the forecast period.

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The global flexible battery market is expected to report double digit growth rate within forecasted period. The manufacturers globally are focussing on new product development and technological advancement to ensure reliable and low cost production of flexible batteries .The North America has the highest share contribution in global flexible battery market followed by japan and Asia pacific and continue to dominate the market within forecasted period.

The increasing use of flexible primary and secondary batteries in wearable devices, smartphones, medical skin patches, smart cards and consumer electronics devices and internet of everything is driving the growth of flexible batteries market. Major companies in semiconductor industries are investing a big amount on research and development of flexible electronic products and thereby development of flexible batteries to power those devices. Commercialization of the production of flexible batteries are in process from last ten years. High prices of the flexible battery is a factor that hinders the growth of global flexible battery market. A Large scale mass production of flexible batteries will help to low down the prices of flexible batteries to affordable limits.

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Apple Inc., Nokia Technologies, Samsung sdi Co., Ltd, Front Edge Technology, Inc, LG Chem Ltd., STMicroelectronics, Blue Spark Technologies, Inc., Solicore Inc., Cymbet Corporation, Fullriver Battery New Technology Co Ltd, and others are among some of the prominent players of global flexible battery market. The flexible battery market is in its nascent stage and mainly driven by research and development from big brands. These companies follow the strategy of new product development and focus on economy of scale to survive and sustain in the global flexible battery market.

The yet to be published report will provide exhaustive analysis on:

  • Flexible Batteries Market Segments
  • Flexible Batteries Market Dynamics
  • Historical Actual Market Size, 2012 – 2014
  • Flexible Batteries Market Size & Forecast 2015 to 2025
  • Supply & Demand Value Chain
  • Flexible Batteries Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain
  • Flexible Batteries Market Drivers and Restraints

 

Profenofos Market Size, Growth Analysis Report, Forecast to 2025

Profenofos is a chemical used as pesticide to prevent crop from damages which can otherwise be caused due to pests and insects. Profenofos chemical name is (RS) -0-4-bromo-2-chlorophynyl 0 ethyl S-Propyl phosphorothioate . It’s a light yellow fluid with garlic like smell. Profenofos is divided under a chemical class organophosphate. It is quite stable under neutral and slightly acidic conditions. Profenofos gets unstable under alkaline environments on hydrolysis.

Being highly soluble in organic solvents it allows easy application of insecticides on plants.

Profenofos finds application as pesticides, and as miticide. It is used on a crop to prevent it from insects and pest.

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A Solid need to enhance agricultural productivity across globe due to dropping cultivable land and has led to increase in demand for profenofos. This is the primary driver for growth of profenofos. However high level of toxicity found in profenofos chemical is anticipated to hamper its growth, due to various side effects profonefos needs to be used very carefully. Research on genetoxic effect have proved the dangerous impact of profenofos on marine life well as other living beings. It effects the DNA of living species when come in contact with.

Profenofos, being primarily used as pesticide, is mainly consumed by agriculture based economies of the world. Developing economies like India and Bangladesh who are mainly dependent on agriculture are anticipated to be large markets for profenofos during the upcoming years. Smaller countries in African continent with high agricultural areas are also anticipated to generate high demand for prefenofos.

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Top players identified in manufacturing of  profenofos market include Coromandel International Limited, Hualong Chemical Industry Co. Ltd., Jiangsu Baoling Chemical Co. Ltd. Zagro Singapore Pte.Ltd. , National company for Agricultural production, Acme Organics, Fulon chemicals industrial, etc. Market participants are more focusing on research to formulate a better insecticide using profenofos to protect crops. Industry is also following the trend of manufacturing eco-friendly product which can be less harmful to environment as compared to the current products.

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.

Feel free to ask your queries at https://www.futuremarketinsights.com/ask-question/rep-gb-547

The report covers exhaustive analysis on:

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