Lactose Market Key Players – Armor Pharma Avantor, Inc. Ba’emek Advanced Technologies Ltd (Tnuva Group) BASF SE Davisco Foods International, Inc.

Global lactose demand is set to expand at nearly 4% in 2021, as burgeoning focus on health and wellness create substantial opportunities. While demand for powdered lactose will remain higher than granular lactose, the latter is set to grow at a higher rate. US will continue to be the largest market, however, lactose manufacturers can expect growing opportunities in Latin America and Asia Pacific. These insights are according to the latest edition of the study, conducted by ESOMAR-certified research and consulting firm, Future Market Insights (FMI).

Used as a filler or filler binder in the manufacturing of drugs and capsules, the pharmaceuticals domain has emerged as a lucrative application area for lactose-based products. Developing advanced manufacturing processes and technological innovations in industry to produce quality lactose that are consistently safe and effective has fuelled lactose production worldwide.

In recent years, hundreds of supply shortage incidences have been reported and hence leading to the expansion of advanced technology production facilities will accelerate production capacity and narrow down the supply-demand gap. The ongoing expansion of production facilities with advanced technology accelerates the consumption of lactose and is expected to lead to market growth across the globe.

Key Takeaways

Lactulose to emerge as the lucrative derivative type, accounting for nearly 30% sales

United States will continue to account for significant market share among all countries

Powdered form lactose will continue to outsell lactose in granule form

Food industry will be the mainstay for lactose demand, but opportunities in animal feed are growing

UK lactose to mimic broader consumer trends in Europe

Lactose market players in Japan and South Korea target novel applications

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“While food and beverage industry has accounted for bulk of the demand, market players are exploring applications in animal feed and personal care industry ” said a lead analyst at FMI

Competitive Landscape

Emerging nations represent an exceptional opportunity for the lactose industry. Players are making significant investments to penetrate the untapped markets through affordable offerings. Key stakeholders in the lactose market have commenced significant revamps to their strategies in emergent countries and purpose is to increase access to their products.

In recent years, lactose market has witnessed product launches with the development of lactose by key manufacturers in order to increase their market share globally. Companies are coming up with various lactose based ingredient and derivatives for application in various segments.

In 2015, Meggle one of key player of lactose, launched triple compound pharma grade lactose CombiLac®, specifically designed to ease oral solid dosage.

In 2019, Kerry announced to launch Aero Flo brand for inhalation lactose grade. Brand named Aero Flo® for inhalation grades of lactose have been explicitly developed for usage in dry powder inhalers for pulmonary delivery of pharmaceuticals.

Who is Winning?

Some of the key players operating in the lactose market are, Armor Pharma, Avantor, Inc., Ba’emek Advanced Technologies Ltd (Tnuva Group), BASF SE, Davisco Foods International, Inc., DFE Pharma (JV of Royal FrieslandCampina & Fonterra Ltd.), Hilmar Ingredients, Hoogwegt Groep B.V., Kerry plc., Lactose (India) Limited, Merck KgaA, Milei Gmbh, Molkerei MEGGLE Wasserburg GmbH & Co. KG and other players.

Key players are focusing on partnership in order to gain larger market share and to capture new geographical areas to get access to new markets.

In 2019 LBB Specialties announced that it has signed a strategic partnership deal with Meggle for the distribution of Meggle’s Pharmaceutical Lactose excipients, including lactose for inhalation formulations, in the United States.

In 2019, MEGGLE Excipients & Technology signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its lactose excipient portfolio for the pharmaceutical and nutraceutical industries in Canada.

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Get Valuable Insights into Lactose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based nuggets market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on the Lactose Market on the basis of Form, has been classified into powder and granule. Based on end use, lactose market is segmented into food and beverage (bakery, confectionery and functional food), pharmaceutical, animal feed, cosmetics and personal care. In terms of derivatives Type, has been classified into Lactose Anhydrous, Lactose Monohydrate, Galactose, Lactulose, Lactitol, Other (tagatose, lactobionic acid). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

Key Segment

Form

Powder

Granule

End Use

Food and Beverage

Bakery

Confectionery

Functional Food

Pharmaceutical

Animal Feed

Derivative Type

Lactose Monohydrate

Galactose

Lactulose

Lactitol

Other (tagatose, lactobionic acid)

Region

North America

Latin America

Europe

East Asia

South Asia

Middle East and Africa (MEA)

Oceania

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Plastic Extrusion Machine Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Extrusion is a process used for the creation of fixed cross-sectional profiles. Materials, such as plastic or thermoplastic, are pressed through a die of desired shape and cross-section. Plastic extrusion is a manufacturing process using which high volumes of plastic material is manufactured and produced to form a continuous profile. Plastic extrusion is used for the manufacturing of plastic products, such as weather-striping lines, pipes, tubes, deck railings, plastic films, window frames, plastic sheets, wire insulations and thermoplastic coatings.

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The prominent advantage of the plastic extrusion process is that the plastic can be given any complex shape and molded into any design without the appearance of any cracks or im.perfections as the plastic encounters only shear and compressive stresses. That apart, the process also helps in manufacturing parts and components with excellent surface finish. The extruder machine contains a barrel and screw, heaters, die and screw drives. The extrusion machine works on the application of two conditions pressure.

Additionally, the mixing action of the plastic compound through the shearing action is facilitated by the extruder screw. The plastic extrusion process is used for the manufacturing of plastic tires and belt conveyors in the global market. Extrusion machines can be used for the manufacturing of several materials from thermoplastic plastic, thermoplastic and natural plastic. The cross-sectional shapes or profiles, such as cord, rectangles, squares and triangular shapes and hollow sections of the aforementioned profiles can be easily manufactured using plastic extrusion machines.

Market Dynamics: Plastic Extrusion Machine Global Market

The Plastic extrusion machine market is estimated to gain traction in the market over the forecast period owing to significant drivers, such as significant innovation processing technologies and introduction of new and novel plastic products in the global market.

However, there are other factors which are also expected to drive the demand for plastic extrusion machines, such as the growing piping industries and manufacturing sector in emerging and developed regions, increasing awareness about the benefits of plastic extrusion machine, growing consumer consciousness about environment-friendly equipment and other comforts. Manufacturers have strong opportunity to introduce innovative plastic products which are being manufactured to meet transitioning consumer demand for fuel effective & high-performance lightweight vehicles.

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Automotive, oil & gas and construction industries are expected to fuel the demand for plastic extrusion machines during the forecast period. This trend in the plastic extrusion machine market is estimated to increase owing to the growing automotive industries, rising population across the world and growing spending on infrastructure. Currently, major manufacturers in the plastic extrusion machine market which have extensive presence globally dominate the market with their extensive distribution network along with their innovative product portfolio, which is a key driving factor for the growth of the global plastic extrusion machine market.

Also, growing consumer preference towards less carbon emission control vehicles has encouraged manufacturers to achieve minimum fuel efficiency and to continue this, manufacturers have tied up with OEMs to develop specific products for automobiles which are light in weight. Lack of awareness about the advantages of plastic extrusion machine systems may act as a restraint for the global Plastic Extrusion Machine system market.

Regional Outlook: Plastic Extrusion Machine Global Market

Rising automotive sector in APAC and Europe is expected to grow with healthy CAGR over the forecast period. European countries, such as Germany and Russia, are expected to gain traction during the forecast period. Stringent emission regulations are increasing the demand for plastic products in interior materials in all the vehicle types across the globe.

People in Europe, North America and the Middle East live a luxurious lifestyle. This coupled with higher standard of living and high disposable incomes has led to a growth in the application of plastic products in all end use industries, such as automotive and footwear, which is in turn estimated to propel the demand for global Plastic extrusion machines. People have developed a liking towards comfortable and smooth plastic products and thus, the market is expected see rapid growth in all developed and developing countries in the future.

Developing markets in the APEJ region, especially China and India, are estimated to play a significant role in the growth of the Plastic extrusion machines in coming future. In countries, such as India and China, manufacturing industries are growing at a good pace and hence, there is humungous growth potential for plastic extrusion machines in the near future.

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Key Market players: Plastic Extrusion Machine Global Market

Some of the key players in the polyurethanes additives market are:

  • Apex Engineers
  • Reifenhauserindia
  • Shyam Plastic Machinery
  • KraussMaffei Berstorff
  • Extrusion Technik USA, Inc.
  • TROESTER GmbH & Co. KG
  • Well Shyang Machinery (WSM)
  • W. Brabender Instruments Inc.
  • MITSUBA MFG. CO., LTD.
  • DEGUMA-SCHÜTZ GmbH

Shrink Sleeve Label Applicator Market is expected to grow at a CAGR of 4.4% from 2021-2030

ESOMAR-certified firm Future Market Insights (FMI) has recently published an extensive coverage on the global shrink sleeve label applicator market.The study estimates the market to expand by 2% in 2021, with growing focus on food & beverage generating significant opportunities.

Furthermore, the pharmaceutical industry represents major expansion avenues, with prolific advancements witnessed in the generic drugs domain. Bulk of all generic drugs are produced in India, accounting for over a fifth of the global export volume. Consequently, shrink sleeve label applicator players are augmenting their footprint across the South Asian market.

Besides the widening prospects across the pharmaceuticals segment, opportunities also abound across the cosmetics & personal care domain, anticipated to create a significant boost through the upcoming forecast period. As per FMI’s projections, cosmetics and personal care applications generated over 10% of the revenue throughout 2020. Rising incidences of mislabeling and incorporation of undesirable ingredients are prompting government authorities to tighten cosmetic labeling standards so as to prevent any deleterious impacts on consumers upon usage. FMI anticipates the channel to chart a promising opportunities in the future.

Key Takeaways from the Shrink Sleeve Label Applicator Market Report

The shrink sleeve label applicator market is expected to grow at a CAGR of 4.4% from 2020-2030

The automatic applicators are expected to remain lucrative due to their easily operatable properties and time saving

The beverages industry will fuel demand for shrink sleeve labels owing to growing use in bottles and packaged drinks

South Asian countries will emerge as lucrative hubs for shrink sleeve label applicators through 2030

The high operational costs are expected to limit growth in the shrink sleeve label applicator market.

“Increasing demand for safe and durable labeling due to COVID-19 is expected to increase production of shrink sleeve label applicators in the market. Players are also putting efforts to develop cost efficient products,” says an analyst at FMI.

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Competitive Landscape

Increasing industrialization has fueled demand for packaging that has in turn increased the use of shrink sleeve label applicators in South Asia, allowing them to lead the market growth. Players are now focused on creating innovative equipments that improve effectiveness and are cost efficient.

In June 2017, Axon introduced a new shrink sleeve applicator that displays higher production and efficiency. It uses automation to increase the volume of production.

In January 2018, American Film and Machinery introduced shrink sleeve label applicator and LX-100 tamper band for low to moderate production rates.

Some of the key players in the shrink sleeve label applicator market are Pack Leader USA LLC, MPI Label Systems Inc., Shanghai Leadworld Machinery Technology Co. Ltd., Axon LLC, Quadrel Labeling Systems, Maurti Machines Pvt. Ltd. and Shanghai Keno Industrial Co. Ltd.

Valuable Insights into The Shrink Sleeve Label Applicator Market Report

Future Market Insights (FMI) has presented a detailed analysis on the shrink sleeve label applicator market along with an assessment for the years 2020-2030. In order to provide a better comprehension, the market is divided into various segments. On the basis of automation, the market is divided into semi-automatic and automatic. Based on the container diameter, the market is segregated into up to 50 mm, 50 to 100 mm, 100 mm to 150 mm and above 150 mm.

The market is segmented based on the labeling speed into up to 200 BPM, 200 BPM to 400 BPM, 400 BPM to 600 BPM and above 600 BPM. On the basis of end use industry, the market is divided into food, beverages, pharmaceutical, automotive, construction, chemical & fertilizers, cosmetics & personal care and other consumer goods. Based on the geography, the market is segregated into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa.

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Key Segments

Automation

Semi-automatic

Automatic

Labelling Speed

Up to 200 BPM

200-400 BPM

400-600 BPM

Above 600 BPM

Container Diameter

Up to 50 mm

50 to 100 mm

100 to 150 mm

Above 150 mm

End-Use Industry

Food

Beverages

Pharmaceuticals

Automotive

Construction

Chemical & Fertilizers

Cosmetics & Personal Care

Other Consumer Goods

Region

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East & Africa

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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:
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Plant-based Butter Market to exhibit CAGR exceeding 7.5% through 2030

Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction. The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating market to grow nearly 7% y-o-y in 2021.

As per the Food Industry Association, around 30% of households are home to vegan, vegetarian, flexitarian, or pescatarian consumers. This trend is creating opportunities for growth for plant-based butter manufacturers. Demand for plant-based butter can also be attributed to the growing consumer preference for clean-label, natural foods, which is pushing dairy producers to develop and launch vegan alternatives.

Key Takeaways

Global plant-based butter market to exhibit CAGR exceeding 7.5% through 2030

Soy-milk based butter held nearly 40% share in 2020

Online retail distribution to register relatively faster growth, aided by benefits in terms of consumer engagement

US to remain the largest market, pegging North America to surpass US$ 200 Mn in 2020

“The plant-based butter market is a nascent phase and is being increasingly viewed as a high-potential product in the dairy alternative industry, as a healthy alternative to conventional fatty food products, which will aid growth in the market for the foreseeable future,” says a FMI analyst.

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Covid-19 Impact Analysis

The covid-19 pandemic has resulted in substantial changes in the dietary preferences of consumers around the world. Concerns over transmission of the virus through animal based products has aided the adoption of plant-based alternatives.

Also, plant-based butter can be sourced from oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk among others, allowing for a wider flavor range. While demand from the food service sector is likely to drop owing to lockdown restrictions, home consumption with sales through online sales is expected to rise.

The prospects of the plant-based butter market has widened since early 2020. As per the Good Food Institute, sales of plant-based foods surpassed that of animal based alternatives since the advent of the crisis, and will continue through the forecast period.

Who is Winning?

The plant-based butter market is competitive and characterized by the presence of small and mid-scale players. Leading manufacturers are effectively leveraging demand for natural, clean label products, with the aim of geographic expansion and widening product portfolios for long term growth.

Some of the leading players in the plant-based butter market include Conagra Brands Inc., Upfield Foods, Miyoko’s Creamery, Wayfare Food, Prosperity Organic Food Inc., Lyrical Foods Inc., Califia Farms, Premier Organics, Naturli Foods, Ekogram-the real food, Wildfriend Foods, The J.M. Smuker Co., The Leaviet Corp., Milkadamia, among others.

More Valuable Insights on Plant-based Butter Market

In its new report, Future Market Insights provides detailed analysis of the global plant-based butter market covering historical demand from 2015 – 2019 and forecast data for 2020 to 2030. The study assesses growth projections on the market on the basis of source (oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk) and distribution channel (B2B and B2C), across 4 prominent regions.

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Key Segments

Source

Oat Milk

Rice Milk

Corn Milk

Soy Milk

Pea Milk

Almond Milk

Coconut Milk

Cashew Milk

Flax Milk

Hemp Milk

Others

Distribution Channel

B2B

Hotels

Restaurants

Cafes

B2C

Hypermarket/Supermarket

Convenience Stores

Specialty Stores

Mom and Pop Stores

Discount Stores

Food & Drink Specialty Stores

Independent Small Groceries

Online Retail

Others

Region

North America (U.S. & Canada)

Latin America (Mexico & Rest of LATAM)

Europe, Middle East & Africa

Asia Pacific (Greater China, South East Asia, Japan, India, South Korea, Australia, New Zealand)

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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,
1602-6 Jumeirah Bay X2 Tower,
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Website: https://www.futuremarketinsights.com/

Signalling Device Market: Notable Developments & Geographical Outlook

Signalling device is a device which generate an alarm to indicate or warn something/somebody & this alarm can be audible or visible depending upon the requirement, application and surrounding of the place where it is needed. These devices are connected with control panel, installed at specific positions so that people can be aware of it & take corrective measures when needed. As for the last some years we have been witnessing drastically change in climate with the occurrence of natural disasters like volcanos, Tsunami, Hurricanes, Earthquakes, in order to minimize the losses from these dreadful unavoidable disasters precautionary measures can be taken by using these signalling devices. Hence the demand of these signalling devices has been increasing in global market.

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Signalling devices are very important aspect in safety and security management such as mining safety system, Earthquake warning system, Heavy rainfall warning system, Traffic signalling & Fire alarm system. Signalling device continuously observe the parameters and produced safety alarm when observe something undesirable. These devices are manufactured for specific applications so it has some additional features also like fire alarm is made up of fireproof material & continuously to work even in fire.

Technological development of signalling devices is the key trend for this market. Market growth is driven by various growth drivers such as increase in the urbanization, growing demand for safety equipment and government focus on improving industrial safety by safety rules and regulations. On the other hand, lack of skilled professionals and high initial cost restraints the growth of this market.

By Segmentation

Segmentation of signalling device market is done on the basis of product types, area of application, end users & geography. On the basis of product type signalling device market is segmented as visual signalling devices, Audible signal devices & other control devices. Further visual signalling device segment is sub-segmented as Beacons & Stack light. Electronics sounder buzzer hooters and bells are the sub segments of audible signalling device while fire alarm, push buttons, stop switches & pilot light are the sub-segments of control devices.

On the basis of application, the global market is broadly segmented as Hazardous area signalling, Fire and industrial signalling & wide area signalling. On the basis of end user verticals signalling device market is segmented as Warehouse & factories, Marine, Mining, Commercial & others (sporting, emergency and warning).

Geographically, global signalling device market is segmented into seven region such as; North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific Excluding Japan (APEJ), and Middle East and Africa (MEA). North America and Asia Pacific are expected to be the dominating geographies for signalling devices market across the globe.

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The report covers exhaustive analysis on:

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

Regional analysis includes

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

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

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Key Players

Key players of signalling devices market are Honeywell International Inc., Hollysys Automation Technologies Ltd, Thales Group, NHP Electrical Engineering Products, Cooper Industries, Koito Manufacturing Co., L3 Communications Holdings, Inc., Auer Signalgerate, Koninklijke Philips Electronics N.V & others.

Personal Protective Equipment Market: Notable Developments & Geographical Outlook

Cases of the new coronavirus disease continue to mount, and rapidly increasing demands of the pandemic are threatening the health systems globally. In recent times, the demand for personal protective equipment (PPE) comprising of protective gowns, face shields, surgical masks, protective goggles, and disposable gloves is witnessing a significant increase as the disease spreads beyond China – the epicenter of COVID-19 outbreak. Moreover, strong governments’ focus on stockpiling of PPE and about a hundredfold surge in demand are early warning signs of product shortage that may be on the horizon.

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COVID-19 Redirects the Application Scope of Personal Protective Equipment

Governments and health organizations worldwide are increasingly collaborating with manufacturers and suppliers to meet the PPE supply-demand gap. However, these manufacturers are facing significant hurdles due to unavailability of raw materials and outbound logistics amidst expansive lockdown of airlines and restrictions on export activities. In addition to taking critical decisions to normalize the situation, manufacturers are currently stopping the production of industrial PPE such as industrial safety, chemical resistant gloves, and welding helmets and focusing on products for medical applications.

However, innovations are on the horizon for smart personal protective equipment to deliver real-time information, minimize exposure to hazards, and enable adjustments with internal and external conditions. Post supply chain normalization, the demand for PPE will continue to grow in line with increasing mining activities and infrastructural development.

Competitive Landscape

A section of the FMI’s report covers detailed profiles of key players active in the personal protective equipment (PPE) market wherein product portfolio, new launches, development strategies, and regional footprint have been provided. Some of these players include 3M Company, Rahman Group, Golden Chang, Oftenrich Holdings Co. Ltd, JSP Ltd., Interspiro, Honeywell Life Safety, Ansell Healthcare Products LCC, Gateway Safety Inc., Wells Lamont Industry Group, Avon Rubber p. i. c., JAL Group, COFRA Holding AG, Avon- ISI, Alpha Pro Tech Ltd., Eurodress GmBH, Bekina NV, Jallatte Group, and Z and V Group.

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Health Organizations Provide Guidelines on Rational Use of PPE to Bridge Demand-Supply Gap

Recognizing the widespread use of personal protective equipment outside patient care by common citizens to safeguard themselves from COVID-19, stakeholders in the supply chain are leveraging this opportunity to raise the competitive price of their products. Despite significant efforts to increase production capacities, supplies are stagnating and the market situation has become severe, mainly due to prolonged closure of factories in China. Additionally, the World Health Organization (WHO) has warned severe and plunging disruptions to the global supply of PPE – driven by misusing, panic buying, and stockpiling – is putting lives at risks of both healthcare workers and patients.

As the inappropriate use and supply shortage of PPE continues, the WHO has put forth several strategies to facilitate optimal PPE availability and normalize the supply chain. Using telemedicine to evaluate suspected cases of COVID-19 and physical barriers to reduce exposure and restricting healthcare workers who are not involved in direct care from coming in contact with COVID-19 patients are likely to minimize the need for PPE. The rationalized use and distribution of PPE along with rapid response to curb the spread of disease is thus expected to bridge the widening gap between supply and demand for PPE.

By Segmentation:

The FMI study categorizes the personal protective equipment (PPE) market on the basis of product, end-use industry, and region.

PPE Market Analysis by Product

  • Head Protection
  • Eye and Face Protection
  • Hearing Protection
  • Hand and Arm Protection
  • Fall Protection
  • Protective Clothing
  • Profession Footwear
  • Food & Leg Protection
  • Respiratory Protection

PPE Market Analysis by End-use Industry

  • Healthcare
  • Pharmaceutical Manufacturing
  • Food Manufacturing
  • Construction
  • Petrochemicals
  • Power & Energy
  • Oil & Gas
  • Transportation
  • Firefighting
  • Others

Regional Analysis of the Personal Protective Equipment (PPE) Market

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

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U.S. Urges Nations to Ramp Up Production of PPE, China to Lift New Export Restrictions on Medical Supplies

North America and Europe remained key markets for personal protective equipment for both medical and industrial applications with major players expanding their presence in developing Asian Pacific countries such as China and India. Rapid industrialization, low operation cost and cheap labor in these countries have been securing a steady supply chain for global market stakeholders. However, the scenario is drastically changing amidst the outbreak of coronavirus and subsequent lockdown of factories. As the U.S. is facing a historic surge in patients seeking care of COVID-19, the government is using federal powers to force local companies to manufacture, urging other countries to accelerate the production of PPE, and seeking to purchase any quantities major PPE-producing countries can spare.

Global Cone Crusher Market Is Expected To Surge At A Steady CAGR Of 2% During The Forecast Year Of 2020 To 2030

The global cone crusher market is expected to surge at a steady CAGR of 2% during the forecast year of 2020 to 2030. The demand for cone crushers will be driven by rise in mining activities. Cone crushers are used for crushing sandstone, limestone, granite, iron ore, and other minerals for further processing.

Rise of Construction Industry to Fuel Demand for Cone Crushers

Emergence of industries such as mining, aggregate, demolition, and construction in many countries is the key driver for cone crushers. The demand for cone crushers is growing globally as governments are investing in infrastructural projects. Furthermore, focus on affordable housing projects is also expected to bode well for the market. Cone crushers provide many operational advantages to the industries, which is expected to be added advantage to the sale of machinery.

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In countries like India, where mining industry is not registering a significant growth, the demand for cone crushers used in mining industry is seeing the decline in the growth, which is inhibiting the global cone crusher market growth.

In order to save the capital and operational costs associated with the cone crushers, many construction and mining companies are opting for rented cone crushers as per the requirement, which is inhibiting sale of new cone crushers but opening up a rental avenue for the vendors.

Middle East and Asia Pacific Emerge as Leading Regional Market with Infrastructural Developments

On the basis of geography, the global cone crusher market is segmented into North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and the Middle East & Africa. In terms of market revenue, Asia Pacific and the Middle East and Africa are the attractive markets for cone crushers.

Analysts anticipate that the Middle East & Africa and Asia Pacific are projected to register a steady CAGR as developing economies witness infrastructural developments. North America cone crusher market is projected to register a slow but stable CAGR during the forecast period. However, rise of mining and construction industry and introduction of innovative and advanced technologies are some of the factors are fuelling the growth of cone crusher market in North America.

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Key Players

The key players operating in the global cone crusher market are WESTPRO, Telsmith, Terex, Global Mining Crusher, Metso and Sandvik.

By Segmentation

The global cone crusher market can be segmented on the basis of end-use application, by power source and by regions

On the basis of end-use application, the global cone crusher market is segmented as:

Mining Construction Aggregate Demolition Industrial Environment

On the basis of power source, the global cone crusher market is segmented as:

Electric Motor Diesel Generator Engine

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On the basis of application, the global cone crusher market is segmented into construction, mining, demolition, aggregate, environmental, and others. The mining segment is expected to stand out, proving the global cone crusher market a massive scope for growth. However, analysts also project that the demolition segment will also leap ahead as nations take a step forward toward materializing infrastructural plans for building future cities.

Dynamic Positioning System Market: Notable Developments & Geographical Outlook

An increase in the range of applications along with the advancement of dynamic positioning (DP) technologies is fueling the growth in the dynamic positioning system market. The dynamic positioning system is a computer-controlled system that automatically controls a vessel’s position and heading completely using its own thrust, rudders, and propellers. Generally, this system is designed to meet classification rules based on guidelines issued by the international maritime organization.

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Dynamic Positioning systems now have become critically important due to the increase in activity of the offshore oil industry, renewable energy, and other related industries. To address this variety and needs of industries, the demand for dynamic positioning systems is increasing. Dynamic position systems are difficult and consist of many subsystems such as power system, thruster system, DP control system among others. Moreover, rising demand for production, storage, floating and offshore vessels, is escalating the growth in the global dynamic positioning system. The dynamic positioning systems market is expected to witness significant growth during the forecast period 2015-2025.

Dynamic Positioning System Market Market: Drivers & Restraints

The prerequisite of advancement in technology (facilitates in deeper waters than vessels), increasing research & development initiatives by manufacturers is driving the demand for dynamic positioning systems. Dynamic positioning systems are better known for their safe and correct operations which are widely used for a variety of purposes in the offshore industry. It provides the following benefits as effective maritime operations, an energy-efficient system, helps in reducing operational costs and emissions, among others.

Rising maritime trade in Asia-Pacific and Middle-East Africa along with deep-sea excavations is the fundamental growth driver in the Dynamic Positioning system market. Ensuring safety operations and push from the government side is also helping in increasing the degree of awareness among the users. Additionally, growth in the shipping industry is also surging with significant opportunities in this market. However, high implementation cost, lack of reliable communication, and complexity in the system are the major setback for the dynamic positioning system market.

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Dynamic Positioning SystemMarket: Region-wise Outlook

The global dynamic positioning system market is expected to register a CAGR of approximately 5 percent over the forecasted period 2015-2025. Depending upon geographic regions, the global dynamic positioning system market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Japan, and Middle East & Africa. In terms of regions, Asia-Pacific accounts for the largest market share.

The Middle East and Africa market is projected to register a significant CAGR during the forecast period. Increasing maritime trade with technological updates is fueling the growth in Asia-Pacific and the Middle East and Africa regions. Countries such as China, Saudi Arabia, UAE, South Korea, Japan, Russia, among others are expected to witness an upsurge in the demand for DP systems. Eastern Europe and Latin America are also forecast to register significant growth in the global dynamic positioning system market during the forecast period 2015-2025.

The report covers exhaustive analysis on:

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

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an 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.

By Segmentation:

On the basis of equipment type, the global dynamic positioning system market can be broadly segmented into:

  • Class 1
  • Class 2
  • Class 3

Based on components, the global dynamic positioning system market can be segmented into:

  • Power System (Includes Power management system, Electrical Boards, Electrical generators, Engines, Distribution system, UPS, etc )
  • DP Control System (Positioning control system, Communication network, Vessels and environmental sensor systems and Positioning reference systems)
  • Thruster System (Thruster control units, Cabling, and routing, Thruster drive units and auxiliaries, Main propellers and rudders)

Based on application, the global dynamic positioning system market can be segmented into:

  • Passenger Vessels (mega yachts and cruise ships)
  • Merchant Vessels (Shuttle tankers, container vessels, and bulk carriers)
  • Platform Supply Vessel/Offshore Support Vessels (Cable Laying Vessels, pipe laying vessels, dredgers, drill, ships, floating production, shuttle tanker, among many others)
  • Naval Vessels and Operations (Mine Sweepers and Survey ships)

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Dynamic Positioning System Market: Key Players

Some of the players identified in the dynamic positioning system are L-3 Communications Holdings, General Electric Company, Rolls-Royce Plc, General Electric Company, Kongsberg Gruppen ASA, Navis Engineering, Norr Systems, Praxis Automation Systems, and Marine Technologies LLC, among many others.

Prefabricated Building System Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Significant intrinsic properties of skeleton prefabricated building system and increasing demand for the new houses has been driving the product’s growth during the forecast period. High strength coupled with low weight and volume are the vital features supporting the increasing sales of skeleton prefabricated building system. Economically viable and cost-effectiveness are other features that is expected to stimulate the growth of skeleton prefabricated building system in the near future.

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Asia-Pacific prefabricated building system market is likely to witness significant growth during the forecast period on account of rapidly increasing demand from residential sector of India, China and Japan. Heavy investments in infrastructure development by India and China is anticipated to significantly drive the growth of Asia-Pacific prefabricated building system market.

Regional analysis includes

North America (U.S., Canada), Latin America (Mexico. Brazil), Western Europe (Germany, Italy, France, U.K, Spain), Eastern Europe (Poland, Russia), Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC, S. Africa, N. Africa).The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Panel systems include wall or flexible partition elements, cellular systems include three dimensional structures, whereas combined systems include combination of aforementioned system types. These systems are designed based on load bearing requirements and applications such as residential, commercial, or industrial. Various types of materials used for manufacturing of these systems include wooden panels, metal panels, composites, plastics, glass, and other reinforced plastics.

Key Players

Major players over the global prefabricated building system market include Algeco Scotsman, Modern Prefab Systems Pvt. Ltd., Ritz-Craft Corporation, Inc., Lindal Cedar Homes, Inc., and Champion Home Builders, Inc.

By SegmentationOn the basis of dimensions, the global prefabricated building system market is segmented as,

Skeleton system, Panel System, Cellular System, Combined System.On the basis of application,the global prefabricated building system market is segmented into:

Residential, Commercial, Industrial.On the basis of weight,the global prefabricated building system market is segmented into:

Light Weight (less than 2 tons), Heavy Weight (more than 2 tons),Ask Us Your Questions About This Report:
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Market Overview

Advancements in super elastic, actuator and other industrial applications are likely to drive the demand for shape memory alloys. Shape memory alloys are sub set of high performance alloys or advanced materials. Advancements in technologies and widening scope of applications set firm platform for new alloys to exhibit healthy double digit growth in the market.

Digital Instrument Clusters Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Digital instrument clusters needs a larger LCD display- often 1280 x 480 pixels, thus leading to higher cost. Also, an 8 or 16-bit CPU cannot transfer that many pixels, hence the digital cluster needs a 32-bit CPU. In addition, the level of software capability needed extends beyond the traditional entrenched skill set. These factors act as restraints for the digital instrument clusters up to a certain extent.

The demand for digital instrument clusters in automobiles is anticipated to grow at an accelerated pace mainly due to significant growth in the automobile industry globally. Furthermore, the smartphone segment is also expected to grow at a high CAGR during the forecast period.

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Analog cluster is a classic instrument panel that contains a physical dial and a needle for the speedometer. A digital instrument cluster displays all these classical instruments on the LCD, VFD or TFT-LCD screen. Such digital instrument clusters can be programmed to display the appropriate selection of virtual instruments according to the driver’s preferences.

A hybrid cluster is the combination of the analog and digital cluster. Furthermore, they can enhance the appeal of a vehicle with eye-catching graphics. Therefore, most of the luxury brands are seeking to differentiate their vehicles through the inclusion of digital instrument clusters. It is expected that over seven million cars will have fully digital instrument clusters by the 2018. Digital instrument clusters that offers personalization are a key selling point.

Region-wise Outlook

On the basis of region North America, Asia Pacific and Japan are expected to be the dominant players as a result of growing economy in these regions. The Indian electronics system design and manufacturing (ESDM) industry is one of the fastest growing industry in the country, which is further boosting the demand for digital instrument clusters in the region. The global digital instrument cluster market is anticipated to grow at a steady rate in other regions of the world as a result of a slowing global economy in these regions.

Regional analysis includes

North America (U.S., Canada), Latin America (Mexico. Brazil), Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg), Eastern Europe (Poland, Russia), Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC, S. Africa, N. Africa).

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

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By Segmentation

On the basis of application, the global digital instrument clusters market is segmented into:

Smartphone, Tablet PC/Desktop/Notebooks, Automobiles, Others (Digital cameras, inverters, power suppliers, painters, car radio, LED, lighting, payment terminals).

Key Players

Some of the market participants in the global digital instrument clusters market are Nippon Seiki Co., Ltd., Ford Motor Company, Audi AG, Renault, Volkswagen, Kia Motors Corp., BMW AG, Jaguar Land Rover Limited, NVIDIA Corporation and Tesla Motors.

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

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Digital Instrument Clusters: Drivers & Restraints

The key factor driving the digital instrument clusters market is substantial rise in the automobile output and its personalization. A digital instrument cluster that is reconfigurable is very appealing. Features such as distance until next charge, information on battery charge, and other driver information, can easily be displayed using a digital instrument clusters. These features are driving the market for global digital instrument clusters.