Ultrasonic Pulse Velocity Tester Market Key Players, Industry Overview, Applications and Analysis 2027

Considered as a pre-requisite in the construction industry, to evade any adversities, materials used for building, construction, and manufacturing activities have to undergo laboratory or on-site testing to be deemed fit for any habitation, translating into increased demand for efficient laboratory-grade non-destructive ultrasonic testing solutions for material science research in both, developing and developed nations.

As per a recent in-depth analysis by Future Market Insights (FMI), demand for ultrasonic pulse velocity testing solutions is steadily increasing, for its application in void and crack detection, non-destructive strength measurement, infrastructure and construction testing, material science and research, homogeneity detection, and elasticity measurements.

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Moreover, with increased focus on reducing the time-to-market (TTM), translating into demand for efficient, low TTM testing equipment, will directly contribute to the global sales revenue of ultrasonic pulse velocity testers. Therefore, growth of the testing equipment market will remain critical to the non-destructive ultrasonic testing market. In addition, ultrasonic pulse velocity testers’ ability to supplement coring thereby allowing cost-effective ameliorated representative evaluation of the concrete strength of the whole structure, will drive its demand further, predicts FMI.

The demand for ultrasonic pulse velocity testers is anticipated to grow at a stable rate of 5.5 percent, through 2019, reaching a revenue of US$ 470.5 Mn during the same period. While void and crack detection will remain the single largest application, holding over 22 percent market share, in terms of end-user vertical concrete, glass and building materials will witness maximum adoption of ultrasonic pulse velocity testers pumping concentrated revenue, through the assessment period of 2018-2027. The concrete, glass and building materials segment is projected to hold over 18 percent market share in 2023, as per the report on ultrasonic pulse velocity tester market

Representing a steady year-on-year growth, the global ultrasonic pulse velocity tester market is pegged to expand at a rather robust growth rate of 6 percent, through 2027. Rampant growth of the commercial construction and infrastructure sector will prominently escalate the demand for ultrasonic pulse velocity testers at a global level.

However, as significant demand for ultrasonic pulse velocity tester prevails, the report also projects that manufacturers offering ineffective after-sale customer services, translating into eventual transition towards other ultrasonic testing types, could prove to be critical market restrainers.

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Key Players Hold 44% Market Share

The global ultrasonic pulse velocity tester market represents presence of a number of player, with the top participants including Controls S.p.A., Proceq Group, James Instruments Inc., Impact Test Equipment Inc., Humboldt Mfg. Co., holding relatively prominent market share—collectively contributing nearly 44 percent the global revenue share. These market players secure a prominent position in the global ultrasonic pulse velocity testers market owing to their highly diverse product offering portfolios. The overall forward market strategies in the ultrasonic pulse velocity tester market includes:

  • Key players placing significant importance on expansive product offering and product advancements.
  • Strategic business relationships and contracts with distributors and suppliers in all the business regions.
  • Affordable pricing, quality solutions, and services will remain instrumental in growth strategy.

Key Segments

By Application

  • Non-destructive Strength Measurements
  • Void and Crack Detection
  • Homogeneity Detection
  • Elasticity Measurements
  • Infrastructure and Construction Testing
  • Material Science and research
  • Other Applications

By End Use Vertical

  • Aerospace and Defence
  • Chemicals and Petrochemicals
  • Concrete, Glass and Building Materials
  • Educational Research
  • Oil and Gas Refineries
  • Sewage and Water Treatment Facilities
  • Construction Engineering, Remodelling and Design

By Transducer Frequency Range

  • 24kHz – 50kHz
  • Above 50kHz, upto 100kHz
  • Above 100kHz, upto 150kHz
  • Above 150kHz

Key Regions

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Russia
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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Ultrasonic Pulse velocity Tester Market: Regional Insights

  • Developing markets including South East Asia Pacific and, also Middle East Africa, are likely to offer significant growth prospects to key manufacturers of ultrasonic pulse velocity testers, considering large scale development of infrastructural projects in the regions, including commercial building and residential areas.
  • North America will occupy a dominant position in the global ultrasonic pulse velocity testers market, owing to high to medium presence of manufacturers in the region.
  • Infrastructural upgrades such as educational institutions in regions like Brazil and China, is expected to create attractive opportunities for ultrasonic pulse velocity testers manufacturers.

About 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, the global financial capital, and has delivery centers in the 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

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com

 

Oil and Gas Seals Market Trends, Growth, Future Demand, Analysis and Forecast by 2031

The global oil & gas seals market is likely to exhibit significant deceleration, pegged at -6.5% in 2021 over 2020. This downturn is majorly ascribed to the recessionary impact of the COVID-19 pandemic on the oil & gas industry across the world, according to ESOMAR-certified market research company Future Market Insights (FMI). Fortunately, recovery is on the cards beginning 2022, with a projected annual increase of approximately 3%.

The long-term outlook on oil and gas seals market remains positive, with revenues set to grow at 3.3% CAGR. Substantial increase oil & gas exploration activities and development of oil & gas distribution infrastructure across the globe are expected to remain key defining factors in the global oil & gas seals market.

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Besides the burgeoning numbers of exploration projects, the industry is likely to witness immense technological disruptions. Blockchain technology has been touted as a highly effective approach towards enhancing data collection security while automation and robotic deployment across key oil fields is expected to enhance drilling projects, reducing error margins and yielding high throughput.

Key Takeaways of Oil & gas seals Market Study

  • Mechanical seals to remain preferred, reaching US$ 176.1 Mn and capturing nearly 17% revenue by 2021
  • Distribution applications to spearhead growth, with refining & distillation units experiencing maximum sales
  • PEEK plastics/polymers to remain highly preferred by material type, generating 55% revenue share by 2021-end
  • Midstream oil & gas exploration projects to generate lucrative opportunities, followed by upstream projects
  • US and GCC countries to remain lucrative throughout the forecast period
  • U.K. oil and gas seals market to witness a stable growth of over 3% through 2031
  • Oil and gas seals demand in Germany and France to be relatively muted, with growth of nearly 2%

“Manufacturers are focused on developing new seals using cost-efficient manufacturing techniques and advanced raw materials such as elastomers and plastic/polymers like polytetrafluoroethylene, polyetheretherketone and others with high pressure and temperature resistance standards,” says FMI analyst.

Competitive Landscape

The oil & gas seals market witness significant consolidation, in which the leading players account for more than three fourth of the market value share. The diffusion of small regional players is expected to increase competitive intensity during the forecast period.

Some of the key players in the market are Parker Hannifin Corporation, EnPro Industries, Flowserve Corporation, Dätwyler Holding Inc., Freudenberg Group, Trelleborg AB, among others. These players have higher shares in the global market, and have longstanding relationships with a number of leading end users, giving them an upper hand among their peers.

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Key Segments

Product Type

  • Mechanical Seals
  • Hydraulic Seals
  • O-Rings
  • T-Seals & S-Seals
  • Metal Bellow Seals
  • Lip Seals
  • Dry Gas Seals
  • V-Ring Packing
  • Spring Seals
  • Custom Seals

Application

  • Well Drilling
  • Well Completion
  • Well Production & Service
  • Distribution
    • Refining & Distillation Units
    • Transportation Pipelines & Carrier Vessels

Material Type

  • Stainless Steel
  • Graphite/Carbon
  • Elastomers
  • Plastic/Polymers
    • PTFE
    • PEEK

Process Type

  • Upstream
  • Midstream
  • Downstream

Region

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

Table Of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends
  2. Key Success Factors
  3. Global Oil & Gas Seals Market Demand Analysis 2016-2020 and Forecast, 2021-2031

5.1. Historical Market Volume (Units) Analysis, 2016-2020

5.2. Current and Future Market Volume (Units) Projections, 2021-2031

5.3. Y-o-Y Growth Trend Analysis

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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,
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United Arab Emirates
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Asia Pacific Upstream Oil & Gas Services Market Size, Share, Growth Trends, and Forecast Analysis to 2021

According to the latest market report published by Future Market Insights titled ‘Upstream Oil & Gas Services Market: APAC Industry Analysis and Opportunity Assessment, 2016-2021’, the long-term outlook on the APAC Upstream Oil & Gas Services market remains positive which is expected to increase at a CAGR of 9.3% during the forecast period (2016-2021). The APAC Upstream Oil & Gas Services market is estimated to have been valued at around US$ 2.5 Bn in 2016.

The Upstream process involves various stages, such as searching for underwater and underground oil and gas fields, drilling of wells and subsequently operating these wells, etc. The Upstream oil & gas services segment comprises services involved in the upstream process, such as maintenance and operation of drilling equipment, sampling of fluids and decommissioning involved in various stages within upstream processes.

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The APAC Upstream Oil & Gas Services market report has been analysed on the basis of various service types, such as IRM (Inspection, Repair and Maintenance), Well Simulation, Sampling (analysis of reservoir fluid samples), Decommissioning, ROV Drill Support and SURF Support type of upstream oil & gas services. The countries considered under this APAC Upstream Oil & Gas Services market analysis are: Australia, New Zealand, Indonesia and Myanmar respectively.

The APAC Upstream Oil & Gas Services Market is a high value –high growth market and this trend is expected to continue during the forecast period. The APAC Upstream Oil & Gas Services Market has flourished owing to increase in oil & gas exploration sites and increase in crude oil & gas production in many countries, particularly Australia, which is a prominent country and has abundant reserves of coal, crude oil and natural gas. The country is a net exporter of natural gas and has the largest reserves of natural gas in Asia Pacific and is ranked as one of top three net exporters of hydrocarbons in the world. The country’s political and economic scenario is favourable to the growth of Upstream Oil & Gas Services Market, primarily due to regulation and liberalization of trade of oil & gas reserves to overseas markets. Overall services accounted for 67.4% of the overall economy of Australia, while the oil & gas industry accounted for 28.9% of the economy in 2015, in which the Upstream Oil & Gas Services is said to have been a major contributor to the growth.

By Upstream oil & gas services type, the IRM Upstream Oil & Gas Services type is estimated to be a high value market owing to the significant costs associated with capital equipment, technical-know-how and skilled labour. However, at times, the Upstream Oil & Gas services has to be outsourced to foreign countries. The SURF support type of Upstream Oil & Gas Services is however expected to emerge as a high growth segment owing to high offshore base in the region.

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Industrial Valve – Market Segmentation

Service Type

  • IRM
  • Sampling
  • Decommissioning
  • ROV Drill Support
  • SURF Support
  • Well Stimulation

Country

  • Australia
  • New Zealand
  • Indonesia
  • Myanmar

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APAC Upstream Oil & Gas Services Market Participants

Some of the market participants identified across the value chain of the APAC Upstream Oil & Gas Services market are Chevron Corporation, BP PLC, Eni S.p.A, Origin Energy Ltd., Murphy Oil Corporation, BHP Biliton Limited, INPEX Corporation, Quadrant Energy Australia Limited, Woodside Petroleum Limited and Royal Dutch Shell PLC. The APAC Upstream Oil & Gas Services market is a highly consolidated market consisting of tier-1 global scale Upstream Oil & Gas Service providers. For a few companies, Upstream Oil & Gas Services are taken care by regional subsidiaries in the region. For e.g. Eni S.p.A. operates through its subsidiaries, such as Eni Adfin, Ecofuel SpA, Eni SpA Fuel Centrosud, Eni Corporate University and Eni International Resources in Indonesia and Myanmar. The Upstream Oil & Gas services companies have been focusing on greenfield projects which will offer lead to higher profit margins in addition of existing oil and gas reserves.

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
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 press@futuremarketinsights.com
Website:
 https://www.futuremarketinsights.com/

ADAS Calibration Equipment Market Focusing on Current Trends, Leading with Top Key Players

The ADAS calibration equipment market has been significantly impacted by the ongoing coronavirus pandemic in 2020. Restrictions on operations and supply chains of the global automotive industry in addition to shortages of manpower and components owing to supply chain disruptions has limited short term growth of the industry.

According to analysts from Future Market Insights (FMI), the ADAS calibration equipment industry is expected to display a very impressive 11.4% CAGR for the assessment period between 2020 and 2030. As per the latest report the market is likely to gain ground with investments in the automotive industry towards technology needed for autonomous driving functions.

The ADAS calibration equipment sector will largely display an upward trajectory for the duration of the projection period, driven by frequent innovations in ADAS camera and sensor technology and product development investments by calibration equipment manufacturers. On the other hand, the high costs of ADAS systems, lack of consumer awareness, and applications restricted primarily to premium vehicles limit demand for ADAS calibration equipment.

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Key Takeaways

  • The advanced driver assistance system calibration equipment market size was valued at over 226 million in 2019, with demand slipping significantly during the covid-19 pandemic, owing to strict lockdown regulations restricting automotive production operations.
  • Passenger vehicle applications of ADAS calibration equipment are major contributors to revenue, aided by favorable safety regulations imposed by the EU government, and higher global demand for premium vehicles.
  • Automotive OEMs hold a larger market share than that of service stations and tier 1 suppliers, on the back of spending capabilities for large-scale use of cutting-edge tech in the ADAS sector. However, services stations are also projected to reflect a sharp rise through 2030.
  • Europe will remain a leading regional market for ADAS calibration equipment through 2030, with lucrative opportunities arising from the presence of international automotive manufacturers and favorable regulations assisting market growth for the long term.

“Rising demand for advanced features in passenger vehicles is a key factor boosting the demand for ADAS calibration equipment. East Asia is projected to display rapid growth in the coming decade, with rising adoption of ADAS in mid-range vehicle offerings,” says a lead analyst at FMI.

Covid-19 Impact on Advanced System Driver Assistance Calibration Equipment Market

The covid-19 pandemic has had a negative impact on the ADAS calibration equipment market. Restrictions on the automotive industry have resulted in delays in terms of automotive production, which has resulted in a significant slump in short term demand.

In addition, ADAS calibration equipment manufacturers are also facing challenges in terms of cash flow, reduced access to manpower and a shortage of component supplies, which are hindering operations in the industry.

However, the market is likely to display strong recovery towards 2021, with relaxation on lockdown restrictions, pending automotive production orders, and the transition towards electric vehicles, which are expected to generate lucrative opportunities for manufacturers in the years to come.

Who is Winning?

Future Market Insights has provided a comprehensive analysis of the strategies being employed by players in the largely consolidated ADAS calibration equipment market. Manufacturers are primarily investing in product development strategies, with the integration of cutting-edge automotive technologies to consolidate market position over competitors with a wider-ranging portfolio.

The Burke Porter Group, Robert Bosch GmbH, Hofmann Megaplan GmbH, Mahle GmbH, Cojali S.L., HELLA GmbH & Co. KGaA, Launch Tech Co. Ltd., TEXA S.p.A., and Autel Intelligent Technology Corp. Ltd. are some of the more prominent participants in the ADAS calibration equipment market.

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Key Segments

Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle

End Users

  • Automotive OEMs
  • Tier 1 Suppliers
  • Service Stations

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ADAS Calibration Equipment Market Report: Scope

Attribute Details
Forecast Period 2020-2030
Historical Data Available for 2015-2019
Market Analysis US$ Million for value, Units for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa (MEA)
Key Countries Covered US, Canada, Brazil, Mexico, Argentina, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia New Zealand, GCC Countries, Turkey, South Africa, Northern Africa
Key Segments Covered Vehicle Type, End User, and Region
Key Companies Profiled Robert Bosch GmbH, Mahle GmbH, HELLA GmbH & Co. KGaA, TEXA S.p.A., Autel Intelligent Technology Corp. Ltd., Launch Tech Co. Ltd., COJALI S.L., Hofmann Megaplan GmbH, The Burke Porter Group (only indicative list)
Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing Available upon Request

About 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, the global financial capital, and has delivery centers in the 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

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Flare Gas Recovery System Market Important Changes in Industry Dynamics during 2021-2031

The flare gas recovery system market is expected to register year-on-year growth at 4.8% in 2021, with the overall valuation expected to reach US$ 1.05 Bn in 2021. As per a recent analysis by Future Market Insights (FMI), sales of flare gas recovery systems are expected to increase at 5.9% CAGR between 2021 and 2031.

According to the study, the overall flare gas recovery system market valuation is forecast to top US$ 1.7 Bn by 2031. Compressor technology is expected to remain highly sought-after, and sales of modular flare gas recovery system will increase at a steady pace, exhibiting growth at a 5.7% CAGR in 2021.

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Will the COVID-19 Crisis Hamper Sales of Flare Gas Recovery Systems?

In 2020, the unprecedented COVID-19 outbreak suspended all industrial activities and delayed several oil and gas projects to an extent. The market also saw a significant dip in sales of  FGRS within end-use sectors including oil and gas, chemicals, and industrial fuel gas treatment.

However, government initiatives to resume operations in heavy industries to full capacity and resumption of stalled project activities is likely to propel sales of flame gas recovery systems in the forthcoming years.

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Flare Gas Recovery System Market by Category

By Operating Pressure:

  • Upto 5 bar (small)
  • 5 to 10 bar (medium)
  • 10 to 20 bar (large)
  • 20 to 60 bar ( very large)

By Configuration:

  • Modular
  • Skid Mounted

By Technology:

  • Compressor
    • Reciprocating
    • Screw
    • Liquid Ring
    • Siding Vane
  • Ejector Based

By Flow Rate:

  • Upto 2 MMSCFD
  • 2 to 5  MMSCFD
  • 5 TO 10 MMSCFD
  • 10 TO 20 MMSCFD
  • 20 to 50 MMSCFD

By Application:

  • Oil & Gas
    • Petrochemical Refineries
    • NGL Plants
    • CNG Refineries
    • EOR
    • Pipeline & Syn Gas
    • FPSO Offshore platforms
    • Fuel gas conditioning
  • Chemical Plants
  • Storage Tanks
  • Bio Gas & Landfill
  • Industrial flue gas treatment

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Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value
Key Countries Covered US, Canada, Brazil, Mexico, Argentina Germany, U.K., France, Italy, Spain, Russia, Nordics, China, Japan, South Korea, India, ASEAN Countries, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, Western Africa, Iran and South Africa
Key Segments Covered Operating Pressure, Configuration, Technology, Flow Rate, Application and Regions
Key System Manufacturing  Companies Profiled
  • Honeywell UOP
  • Cimarron Energy, INC.( Jordan Technologies)
  • Wärtsilä
  •  Zeeco, Inc
  • SoEnergy International
  • John Zink Hamworthy Combustion
  • Ramboll Group, Inc.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

About 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, the global financial capital, and has delivery centers in the 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

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Tire Testing Machine Market Will Generate New Growth Opportunities in Upcoming Year

Expansion of the tire industry and increasing automotive sales are anticipated to drive the tire testing machine market. According to a study by Future Market Insights (FMI), the tire testing machine market will reach US$ 467.7 Mn by 2021. The increasing rate in tire production will remain a chief growth driver.

Tire testing machines have dynamic abilities to notify the extent of wear and tear on tires. The rising focus on efficient tire performance, rigid regulatory framework for tire testing and mandate on safety on highways, and other forms of safety requirements have cumulatively propelled the market growth. These machines also are used across aerospace and defence facilities.

The COVID-19 pandemic outbreak has impacted the global economy at various levels and electronics industry has not been spared. The tire testing machine market growth is projected to be affected by the COVID-19 pandemic crisis and is expected to witness a significant drop in demand in 2021. With a number of end-use industries affected in regions like North America, Europe and Asia-Pacific, the oversupply and shortage in demand are expected to result in a significant drop in Y-O-Y growth.

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Nonetheless, a study by FMI has projected the tire testing machine market to reach US$ 730.8 Mn by the end of 2031, growing at a CAGR of 4.6% over the forecast years (2021-2031). Their increasing application in testing tires for four wheelers will continue supporting growth. As per FMI, four-wheelers account for above 30% of sales in market.

Key Takeaways of Tire Testing Machine Market Study

  • Despite significant drop in sales amid COVID-19, recovery is on card as FMI projects growth at positive pace 2021 onwards
  • Rising vehicle production will support growth as U.S. continues to lead North America market with a dominant share of more than 78% in 2021
  • Increasing focus on vehicular safety will stoke expansion in the U.K., enabling y-o-y growth at above 3% in 2021
  • Germany and France will enjoy spotlight among leading markets in Europe
  • Recovery of automotive sales post COVID-19 outbreak will support sales in China, as Japan and India remain other key markets in Asia Pacific

“Tire testing machines play a pivotal role in the global tire landscape. The market is expected to witness major transformations with automation and collaborative efforts from tire manufacturers and OEM technology.”

North America is expected to exhibit high demand for tire testing machine. Increasing vehicle production in the region has and focus on product innovations by some of the leading market participants have been driving growth in North America. In Asia-Pacific, the increasing demand from applications such as including passenger cars and heavy commercial vehicles, is likely to favor the expansion of tire testing machine market.

Competitive Landscape

The key players operating in the global tire testing machine market include MTS Systems Corp, A&D Co. Ltd, Ametek Inc, ZF AG, Kobelco Corporation, Kokusai Co. Ltd and TMSI LLC. The market is highly competitive and it is driven majorly by supplier side and influenced by demand side trends. Both global and regional players play pivotal role to provide the most cost competitive solution for various end users including automotive, aerospace and largely tire manufacturers.

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Tire Testing Machine Market by Segments

Machine Type

  • Flat Belt Tire Testing Machine
  • Rolling Resistance Testing Machine
  • Dynamic Contact Testing Machine
  • Tire Balancing Machine
  • Drum Tire Testing Machine
  • Endurance Testing Machine
    • 2 Position
    • 4 Position
  • Endurance + High Speed Testing Machine
  • Tire Force & Moment Measurement Systems
  • Plunger Test & Bead Unseating Test machine
  • Tire Stiffness & Footprint Measurement machine
  • Tire Tread Wear Simulation Systems
  • Run Flat tire Durability Tester
  • Load Tester
  • Uniformity Tester

Application

  • Two Wheelers Tire Testing Machine
  • Four Wheelers Tire Testing Machine
    • Passenger Cars Tire Testing Machine
    • Motorsports Tire Testing Machine
    • Heavy Commercial Vehicles Tire Testing Machine
  • Industrial & Off-road vehicles Tire Testing Machine
  • Aircraft Tire Testing Machine
  • Defence Vehicles Tire Testing Machine

Operation

  • Automatic Tire Testing Machine
  • Manual Tire Testing Machine

End-use

  • Automotive
    • OEMs
    • Repair & Maintenance Service Stations
    • Tire Dealers & Specialty Shops
  • Aerospace
  • Tire Manufacturers
  • Other Testing, Research & Certification Agencies

Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Table Of Content

  1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

  1. Key Success Factors
  2. Global Tire Testing Machine Market Demand Analysis 2016-2020 and Forecast, 2021-2031

5.1. Historical Market Volume (Units) Analysis, 2016-2020

5.2. Current and Future Market Volume (Units) Projections, 2021-2031

5.3. Y-o-Y Growth Trend Analysis

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Scope of the Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for value and units for Volume
Key Regions Covered North America, Latin America, Asia-Pacific and Middle East & Africa
Key Countries Covered US, Canada, Germany, U.K., Italy, Spain, Russia, China, Japan, South Korea, India, ASEAN countries, Australia, Turkey, Brazil
Key Segments Covered Machine Type, Application, Operation, End-use and Region
Key Companies Profiled
  • MTS Systems Corporation
  • A&D Technology
  • Burke Porter Group
  • AMETEK,Inc.
  •  TMSI  LLC
  • Kistler Group
  • Kobelco Technology
  • Kokusai Co. Ltd
  • ZF Friedrichshafen AG
  • Zwick Roell LP
  • Calspan Corporation
  • Qingdao GaoCe Technology Co., LTD
  • Leonardo Automation
Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing Available upon Request

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.

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Foundation Repair Services Market Brief Forecast and Analysis by Top Key Players to 2027

The US$ 2.3 million foundation repair services market is likely to witness sluggish growth between 2018 and 2027, according to a recent market study by Future Market Insights (FMI). Ongoing activities in the construction industry to enhance the quality of construction materials and procedures to develop high-quality and strong infrastructure will negative impact adoption of foundation repair services, opines FMI.

The global foundation repair services market is expected to exhibit a sluggish CAGR of 2.1% during the forecast period, reaching nearly US$ 3 billion by 2027, according to the FMI study. It focuses on a variety of factors instrumental in shaping the foundation repair services market, and provides insights that can help market players to adopt appropriate business strategies based on emerging trends in the market.

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The study finds that the Asia Pacific excluding Japan (APEJ) accounted for more than 35% revenue share in foundation repair services market in 2018. The rapidly-growing population as well as ever-evolving construction industry in the region have been contributing to growth of the foundation repair services market in the APEJ region.

Rapidly developing in residential sector and civil infrastructural developments with increasing urbanization in the region is expected to create lucrative opportunities for stakeholders in the foundation repair services market in the region. Japan, North America and Europe are also estimated to capture a substantial share of the global foundation repair services market throughout the forecast period, of which the Japan foundation repair services market is expected to witness an increase in its share from 2018 to 2027.

Market Players Focus on Capitalizing on the Rapidly-developing Residential Sector

Foundation repair services are commonly used in both residential and commercial sectors. The FMI study finds that the market value of foundation repair services used in the residential sector remains much higher than those used for foundation repairs in commercial buildings.

Ongoing construction activities in the residential sector, coupled with increasing inclination of consumers towards renovating and home improvement is expected to create lucrative sales opportunities for market players. The FMI study predicts that the residential sector will continue to influence emerging trends and business strategies of stakeholders in the foundation repair services market in the foreseeable future.

Foundation Repair Services for Wall Repair Applications to Remain High in Demand

While foundation repair services find wide-ranging applications, including settlement repair, chimney repair, and floor slab repair, wall repair applications have the largest share in market growth, finds FMI study. Settlement repair services are known to be the most expensive services, which are priced at US$ 10,000 (pile foundation repair) and above. However, foundation repair services employed in wall repair applications are affordable and are likely to witness highest demand in the upcoming years.

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Foundation Repair Services Market will Remain Highly Fragmented

The FMI study finds that, among all the players of the foundation repair services market, only a limited number of manufacturers and other stakeholders have a global presence in the foundation repair services market. Complexities associated with introducing foundation repair services at the global level with growing foothold of local players in every region continue to remain a prominent barrier for market players.

Key Segments

By End User

  • Residential
  • Commercial

By Service Type

  • Settlement Repair
  • Wall Repair
  • Chimney Repair
  • Floor Slab Repair
  • Others (retaining walls, slope stabilization, grouting, & soil nailing)

Key Regions covered:

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Rest of Europe
  • APEJ
    • China
    • India
    • Malaysia
    • Singapore
    • Australia
    • Rest of APEJ
  • Japan
  • MEA
    • GCC Countries
    • Israel
    • South Africa
    • Rest of MEA

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According to FMI analysis, some of the market participants in the global foundation repair services market report include BASIC FOUNDATION REPAIR, Foundation Repair Services, Inc., Connecticut Basement Systems, Eric’s Concrete & Masonry Services Ltd., Dwyer Companies, Supportworks, Inc., SOS Foundation Repair, GROUNDWORK, MASTER SERVICE COMPANIES, RAM JACK SYSTEMS DISTRIBUTION, ADVANCED FOUNDATION REPAIR, BDRY, Maryland Building Industry Association, ARIZONA FOUNDATION SOLUTIONS, DFW FOUNDATION REPAIR SERVICES and ESOG.

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.

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Agri Natural Enemy Pest Control Market : Value Chain, Stakeholder Analysis and Trends by 2029

Agricultural intensification is gaining momentum to meet the global food requirements and adapt to the rapidly changing demands. Change in land use and effects of climate change are necessitating the adoption of agri natural enemy pest control, which significantly help enhance farming systems.

  • The global agri natural enemy pest control market in 2019 is estimated to be valued at ~US$ 14 Bn.
  • The agri enemy pest control market is projected to grow at a CAGR of ~6% during the forecast period of 2019-2029.
  • Significant growth of the agri enemy pest control market can be attributed to growing awareness of adverse effects of chemical pesticides on the agricultural land among farmers as well as the consumers.
  • North America will continue to maintain its leading position in the agri natural enemy pest control market, with relatively high revenue share.

The biological control of arthropods, weeds, and diseases promote the stability and diversity of agricultural communities and aid in reducing synthetic inputs. Moreover, the implementation of agri natural enemy pest control helps manage all residues of conventional pesticides with bio-pesticides. These factors are attracting consumers, thereby accelerating the growth of the agri natural enemy pest control market.

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Key Takeaways from the Agri Natural Enemy Pest Control Market Study

  • Steady demand for conventional pesticides is likely to be negatively impacted by an upsurge in the popularity of agri natural enemy pest control method.
  • As of 2017, nearly 93 countries have laid natural farming regulations. Governments are undertaking initiatives for sustainable agriculture by funding research programs that identify pests and analyze the most appropriate control agents.
  • Adoption of natural and greener products is expected to increase on pace in line with growing government’s sustainable development projects.
  • Formulations of products for long-term stability could give impetus to the agri natural enemy pest control market growth.
  • Registration of products remains a big hurdle for key players in the agri natural enemy pest control market. Market players are expected to strategize accordingly and collaborate with regulatory bodies to ease the registration process of biological products.
  • Leading players in the agri natural enemy pest control market are likely to offer not only products but also allied services.
  • As compared to developing regions, the sales of agri natural enemy pest control are projected to be higher in countries of North America, Europe, and Oceania.

“Growing consumer awareness regarding adverse effects of chemical pesticides on human health as well as the environment favors the agri natural enemy pest control market fundamentally. As today’s consumers are ready to spend more on food crops that are chemical-free or organic, manufacturers should be looking at a period of sustained demand,” says the analyst.

Emerging Market Players to Play a Crucial Role in Product Development

Products required for agri natural enemy pest control varies from region to region, depending upon the local biodiversity. Thus, domestic players in the agri natural enemy pest control market is likely to perform a significant role in formulating biological products that are suitable for a particular area or country, depending on their climatic conditions.

  • Many leading companies are strategizing to collaborate with local and emerging market players in the agri natural enemy pest control market.
  • Strengthening the supply chain is essential for emerging players to sustain in the intensely competitive market.

One of the vital factors for emerging players is to study the regional biodiversity and increase the effectiveness of agri natural enemy pest control products for that particular region. Thus, strategic investments in research and enhanced marketing techniques are needed to strengthen the market position. Besides, companies must focus on improving the efficiency of their products for large-scale agricultural purposes.

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Key Segment

Application

  • Ant Control
  • Beetle Control
  • Bird Control
  • Insects Control
  • Mosquitoes and Flies Control
  • Rat and Rodent Control

Natural Enemy Service

  • Importation
  • Augmentation
  • Conservation

Control Agent

  • Predators
  • Parasitoids
  • Pathogens
  • Bacteria
  • Fungi
  • Oomycota
  • Competitors

Region

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

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Find More Valuable Insights on Agri Natural Enemy Pest Control Market

Future Market Insights, in its new offering, brings forward an objective analysis of the global agri natural enemy pest control market, presenting historical demand data (2014-2018) and forecast statistics for the period, 2019-2029. The study elaborates the insights on the agri natural enemy pest control market on the basis of application (ant control, beetle control, bird control, insects control, mosquitoes and flies control, and rat and rodent control), service (augmentation, importation, and conservation), and control agent (predators, parasitoids, pathogens, bacteria, fungi, oomycota, and competitors) across seven major regions.

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.

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Future Market Insights,
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United Arab Emirates
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Pest Control Services Market Expectations and Growth Trends Highlighted Until 2031

The global pest control services market is poised to expand at a 6.2% CAGR, totaling US$ 39.8 Bn in 2031, finds ESOMAR-certified consulting firm Future Market Insights (FMI) in a recent study.

Increasing awareness regarding public health in emerging economies is driving the adoption of pest control services in residential sector. Pest infestation is common in dark and unclean environments, especially in older buildings that require restoration. Rapid urbanization is leading to the construction and restoration of residential housing units, which in turn is propelling demand for pest control services.

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Sales of pest control services were dampened to an extent in response to the lockdown restrictions imposed to control the COVID-19 outbreak. However, this has resulted in increasing focus on the adoption of pest control services to prevent infectious diseases such as dengue and malaria. Owing to this, demand for pest control services across the globe is anticipated to witness upticks in the forthcoming years.

Growing need for food security and maintenance of hygiene practices in sectors such as hospitality, food service, beverage industry, and healthcare facilities including hospitals and rehabilitation centers is anticipated to continue fueling sales of pest control services.

Moreover, increasing preference for organic pest control services is leading to product developments and innovations by market players. Due to harmful effects caused by using chemical pest control solutions, such as asthma and bronchitis, consumers are shifting towards organic and natural pest control solutions for their homes and offices. This trend is projected to continue over the forthcoming years.

As per FMI, demand for pest control services in the U.S. is expected to remain high over the forecast period. Growth can be attributed to the presence of leading market players including Rentokill, Anticimex, and Aptive Environmental, and rapid adoption of technology-enabled pest control solutions in the country.

“Introduction of AI-enabled pest control services such as integrated pest management (IPM) in the agricultural and residential sector, coupled with increasing demand for biopesticides is expected to enable sales of pest control services throughout the assessment period,” says the FMI analyst.

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Key Takeaways:

  • Sales of organic pest control services to grow at a 7.7% CAGR through 2031.
  • Based on product type, the insecticides segment is slated to expand at a 7% CAGR through 2031.
  • Adoption of pest control services in the residential sector to rise at 5.6% CAGR.
  • In terms of applications, sales of pest control services for insect control are expected to hold account for over 75% of the market share in 2031.
  • The U.S. is projected to hold a dominant share of more than 85% in the North America pest control services market.
  • Sales of pest control services in the U.K. are poised to rise at a 3.9% CAGR.
  • India will emerge as a lucrative pocket, accounting for more than half of the South Asia pest control services market.

Competitive Landscape

Rollins, Inc., Rentokil Initial PLC, Anticimex, Cook’s Pest Control, Inc., ABC Home & Commercial Services, Animal Pest Management Services, Inc., Lloyd Pest Control, Green Earth Pest Control, LLC, Aptive Environmental, LLC, Home Paramount Pest Control, LLC, Dodson Pest Control, Environmental Pest Service, LLC, Truly Nolen of America, Inc.,  Florida Pest Control & Chemical, Massey Services, Inc., Arrow Exterminators, Ecolab, Inc., Green Pest Solutions, Apex Pest Control, Inc., Hulett Environmental Services, Plunkett’s Pest Control, Senske, Inc. are some of the leading players operating in the global pest control services market.

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Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa
Key Segments Covered Product Type, Service Type, End-User, Applications, and Regions
Key Companies Profiled
  • Rollins, Inc.
  • Rentokil Initial PLC
  • Anticimex
  • Cook’s Pest Control, Inc.
  • ABC Home & Commercial Services
  • Animal Pest Management Services, Inc.
  • Lloyd Pest Control
  • Green Earth Pest Control, LLC
  • Aptive Environmental, LLC
  • Home Paramount Pest Control, LLC
  • Dodson Pest Control
  • Environmental Pest Service, LLC
  • Truly Nolen of America, Inc.
  • Florida Pest Control & Chemical
  • Massey Services, Inc.
  • Arrow Exterminators
  • Ecolab, Inc.
  • Green Pest Solutions
  • Apex Pest Control, Inc.
  • Hulett Environmental Services
  • Plunkett’s Pest Control
  • Senske, Inc.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

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,
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United Arab Emirates
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Car Rental Market Latest Advancements and Business Opportunities 2029

While North America holds almost half of the car rental market share, East Asia is expected to emerge as the most lucrative for companies in the car rental market, attributable to the increasing tourism sector in China & Japan. Growing economic & infrastructural development, foreign investments, and medical tourism in China are other factors expected to boost growth of the car rental market over the forecast period.

On the back of these factors, the global car rental market value is at US$ 116 Bn in 2019 and expected to expand at 7.0% CAGR during the forecast period of 2019-2029.

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Key Takeaways of Global Car Rental Market Study

  • North America is expected to dominate the global car rental market, owing to high usage rate of car rental services by daily commuters, office-goers, and tourists in the country. Moreover, the growing trend of car sharing also boosts the usage of car rental in this region.
  • According to FMI, the on-airport end use category accounted for the maximum share in the global car rental market, owing to high presence of international/domestic tourists for leisure as well as business.
  • In car rental market, online booking platform including mobile applications and other internet services will continue to dominate the car rental market during the forecast period. Mobile applications segment is expected to see a prolific rise with a higher CAGR in car rental. Preferential shift of consumers towards mobile platforms are primarily driven by the growth of mobile users and high internet penetration.

Who is Winning

The global car rental market represents a fairly consolidated competition landscape, where a majority of car rental key players maintain their strategic focus on new innovative service offerings. Some of the key players are Enterprise Holdings Inc., The Hertz Corporation, Europcar Group, and Sixt SE. The car rental market in the U.S. is highly concentrated and top three car rental companies (Enterprise Rent-A-Car, Hertz Global Holdings, Inc. and Avis Budget Group, Inc.) hold more than 62% of market share in U.S. in 2018.

  • In May 2019, Enterprise Holdings, Inc., a private holding company with headquarters in the U.S. launched the U.S. car rental industry’s first vehicle-subscription service, which provides flexibility and convenience to customers.
  • In Nov 2019, Hertz and Air France jointly launched Hertz DriveU, which was designed to meet all customer transportation needs.
  • In Aug 2019, the Europcar Mobility Group, a France-based car rental company, had acquired a 100% stake in the U.S.-Fox Rent A Car company, to expand its customer base of 15 million by 2023.

 “Players in the global car rental market can gain significant profits by focusing on intermediate cars in addition to economic cars. The growing popularity of car sharing coupled with the rising disposable incomes are expected to drive the demand for intermediate cars during the forecast period,” says an FMI analyst.

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CAR RENTAL MARKET TAXONOMY

The global car rental market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach to readers. The segmentation is done on the basis of car type, end-use, customer type, booking mode, sector, and region.

Car Type

  • Economy Cars
  • Compact Cars
  • Intermediate Cars
  • Premium Cars
  • Luxury Cars
  • Others

End-use

  • Intercity
  • Intracity
  • On-Airport
  • Others

Customer Type

  • Business
  • Leisure

Booking  Mode

  • Offline Access
  • Mobile Applications
  • Other Internet Access

Sector

  • Organized
  • Unorganized

Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

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Table Of Content

  1. Executive Summary

1.1. Car Rental Market Outlook

1.2. Summary of Key Statistics

1.3. Summary of Key Findings

1.4. Analysis and Recommendations

  1. Market Overview

2.1. Market Taxonomy

2.2. Market Scope

  1. Key Market Trends

3.1. Key Trends Impacting the Market

3.1.1. Increasing deployment of car rental market

3.1.2. Technology advancement in car type

3.1.3. Soaring demand of sharing car rental services

3.1.4. Impact of smartphone sales in car rental market

3.1.5. Global internet statistics & impact assessment

3.2. Product Innovation Trends

3.2.1. Car technologies in current & future

3.2.2. Area of Focus- Car Type Offering

3.2.3. Preferred Mode of Booking & Booking Pattern

3.2.3.1. Offline Access

3.2.3.2. Online Access

  1. Key Success Factors

4.1. Factors impacting the market –

4.1.1. New Service offering

4.1.2. Car Sharing Concept

4.1.3. New Car Launches

4.1.4. Environment Concern of Population

4.1.5. Government Initiatives

4.2. Strategic Promotional Strategies

More Valuable Insights on Car Rental Market

Future Market Insights, in its new report, provides an analysis of the global car rental market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The car rental study reveals compelling insights on the car rental market on the basis of car type (economy cars, compact cars, intermediate cars, premium cars, luxury cars, and others), end-use (intercity, intracity, on-airport, and others), customer type (business, leisure), and booking mode (offline access, mobile application, and other internet access), and sector (organized and unorganized) across seven major regions.

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:
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