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Power Conditioning Services Market Insights and Forecast by 2030

Power Conditioning Services market players – Rockwell, ABB Ltd, Honeywell, and Fuji Electric among others represent the global Power Conditioning Services market. The market study depicts an extensive analysis of all the players running in the Power Conditioning Services Market report based on distribution channels, local network, innovative launches, industrial penetration, production methods, and revenue generation. Further, the market strategies and mergers & acquisitions associated with the players are enclosed in the Power Conditioning Services market report.

Future Market Insights, in its latest business report, elaborates on the current situation of the global Power Conditioning Services market in terms of volume, value, production, and consumption. The report scrutinizes the market into various segments, end uses, regions, and players on the basis of demand patterns, and future prospects.

By Technology

Standby power system,
Autotransformer,
Harmonic filter,
Isolation transformer,
Transient voltage surge suppressor,
Uninterruptable power supply

By Type

Voltage regulators,
Surge suppressor,
Power synthesizer,
Motor generator,

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What key insights does the Power Conditioning Services market research provide?

Historical and current year revenue of related Power Conditioning Services market players analyzed at the regional level.
One by one company profile of prominent stakeholders.
Analysis of the Power Conditioning Services market size on the basis of product type and end-use type.
Accurate Power Conditioning Services market forecast in terms of value and volume in numbers and percentages.
Demand prospect of each segment covered in the report.

The Power Conditioning Services market research gets rid of the following queries:

How the market for Power Conditioning Servicess is expected to shape in the coming ten years?
What strategies are the Power Conditioning Services market vendors implementing to stay ahead of their rivals?
Why are consumers shifting towards alternative Power Conditioning Services products?
What innovative technologies are the Power Conditioning Services players using to get an edge over their rivals?
What are the restraints affecting the growth of the global Power Conditioning Services market?

The Power Conditioning Services market study considers the following years to project the overall market growth:

History Year: 2015 – 2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020 – 2030

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Why choose Future Market Insights?

Modern technologies, such as artificial intelligence, to provide updated industry trends.
Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective.
Interaction with research scientists and development heads to understand the nature of the market more precisely.
Three-step quality check process – Data collection, triangulation, and validation.
24/7 availability of services.

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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For Media Enquiries: press@futuremarketinsights.com
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In-circuit Tester Market is estimated to be valued at ~US$ 1.06 Bn in 2021.

Increasing investment in the research and development (R&D) activities within automotive industry is driving the global in-circuit tester market. As per a new study by Future Market Insights (FMI), the global in-circuit tester market is estimated to be valued at ~US$ 1.06 Bn in 2021.

The COVID-19 pandemic crisis has severely affected the growth. It caused significant disruptions in manufacturing activities and supply chain networks, subsequently affecting the in-circuit tester market. However, the market is expected to recover as the economic activities resume post the containment of pandemic.

In-circuit tester market is likely to grow at a moderate pace during 2021-2031. It is expected to gain from increasing applications across various end-use industries. With manufacturers emphasizing on developing advanced testing equipment, industries are likely to benefit from improved life cycle and durability of in-circuit testers.

Application in automotive electronics is poised to surge in the coming years. With automotive production gradually getting back on track, sales in the sector are expected to pick up. Subsequently, the demand for in-circuit tester will increase as the sector aims at keeping pace with dynamic consumer preference.

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Key Takeaways from In-Circuit Tester Market Study

FMI has forecast the demand for in-circuit testers to rise at a CAGR of ~4.9% during the forecast period of 2021-2031
While the U.S. continues to hold over nearly 70%, the demand from Canada is expected to rise at a higher pace
Within Europe, the U.K. will emerge as a key market, exhibiting 5.6% Y-o-Y growth in 2021
France and Germany too will continue exhibiting high demand, thanks to expansion of manufacturing activities
Within East Asia, China will emerge dominant. Demand from Japan and South Korea will also rise at a positive pace

“The increasing demand for in-circuit test and boundary scan test solutions from automotive electronics manufacturers is expected to drive the market. Within a moderately consolidated market space, manufacturers are highly concentrated on increasing sales and expanding their distribution networks with the launch of various standards and models of in-circuit testers,” says a FMI analyst.

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Rising Focus on Emission-control Enabling Growth

Expansion of the automotive electronics sector will remain a chief driver as the report. This is primarily attributable to the implementation of stringent emission control regulations. Coupled with this, the increasing demand for improved comfort, efficiency, connectivity, and safety among consumers will boost in-circuit tester applications in automotive electronics manufacturing.

Along with this, the advent of electronic vehicles will bolster growth opportunities for the market. Focus towards achieving zero emission within the automotive industry will emerge as a chief growth driver.

In-Circuit Tester Market Competitive Landscape

The market is moderately consolidated. Some of the key players in the market are Teradyne Inc., Acculogic Inc., Keysight Technologies, Test Research, Inc., SPEA S.p.A, Digitaltest GmbH, Hioki E.E. Corporation, among others. These players are likely to invest in new technologies, and have longstanding relationships with a number of leading end users, giving them an upper hand among their peers.

In-Circuit Tester Market by Category

By Product

Multimode Flying Probe Tester
In-Line Tester

By Portability

Benchtop
Compact

By Application

MDA
ICT
FICT

By Fixture

Vacuum
Pneumatic
Mechanical

By Mode

Semi-Automatic
Automatic

By End-use

Automotive Electronics
Consumer Electronics
Medical Equipment
Defense and Aerospace Electronics
Power Generation, Storage and Distribution
Network and Communications
Computers and Peripheral Devices
Industrial Electronics

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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 and Units for Volume
Key Regions Covered	North America, Latin America, Europe, South Asia & Pacific, East Asia, and the Middle East & Africa
Key Countries Covered	US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, ASEAN, Australia & New Zealand, Turkey, and South Africa
Key Segments Covered	Product, Portability, Application, Fixture, Mode, End-use, and Region.
Key Companies Profiled	Teradyne Inc. Keysight Technologies SPEA S.p.A Test Research, Inc. Digitaltest GmbH Hioki E.E. Corporation Acculogic Inc. Kyoritsu Test System Corporation Konrad GmbH Seica S.p.A Columbia Elektronik AB
Report Coverage	Market Forecasts, Brand 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

Cable Fault Locator Market is expected to experience impressive CAGR growth 10% through 2019-2029

Global sales of cable fault locators are expected to be upheld by promising rate of adoption within telecommunication, and electrical & electronics industries, as indicated by a new market intelligence study of Future Market Insights (FMI). Currently, the two industries collectively represent more than a third of global revenues of the cable fault locator market.

Handheld cable fault locators currently account for a majority of sales. Continued preference of end users towards these cable fault locators will remain a prominent trend shaping growth of market during the projection period, 2019-2029. The cable fault locator market is projected to witness impressive Y-o-Y growth rate of ~10% through 2029.

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Key Takeaways of Cable Fault Locator Market Study

North America and Europe are expected to account for major revenue share in the cable fault locator market through 2029.
FMI’s analysis indicates East Asia would continue to be lucrative market for cable fault locator market players in the foreseeable future
The global cable fault locator market represents a fragmented competition landscape, where leading players are focusing on enhancing the capabilities of cable fault locators with versatile features that allow for their usage in an array of fault location applications.

“Besides significant demand for cable fault locators from primary end-use verticals, such as telecom and electrical & electronics, there is a considerably high usage of cable fault locator devices in mining, petroleum, and power generation industries.

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Key Segment

Portability

Portable
Handheld

Product

Cable Sheath Fault Locators
Cable Route Tracer
Time Domain Reflectometer
Pinpointer
Voltage Surge Generator
Others

End Use

Petroleum
Electrical& Electronics
Telecommunication
Power Generation
Mining
Construction
Others

Region

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

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Accuracy to be of Paramount Importance in New Product Launches

Megger, Fluke Corporation, Hubbel, 3M, and BAUR GmbH are some of the major players in the cable fault locator market. These players are focusing on introducing technological advancements to further strengthen their hold on the market. BAUR GmbH Company has developed a vehicle-mounted cable fault location system that is suitable for any operation. Smaller regional players are trying to differentiate their product offerings by introducing novel features in existing products. For instance, ELEKTRONIKA is offering graaf fault locators, which are used for accurate fault location on totally water-soaked cables.

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Poultry Keeping Machinery Market Growth At CAGR 3% During Forecast Period 2019-2029

The newest market research study by Future Market Insights on poultry keeping machinery finds that the market was valued nearly at US$ 4.5 Bn in 2018, and is projected to grow by ~3% CAGR during the forecast period of 2019-2029. The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping machinery market. The poultry keeping machinery market has a high potential to grow in regions such as Latin America, Asia Pacific excluding Japan and North America, according to the study.

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The market value of global poultry keeping machinery was valued at ~US$ 4.5 Bn in 2018.
During the forecast period of 2019-2029, the market for poultry keeping machinery is anticipated to grow at a CAGR of ~3%.
The broiler harvesting and slaughtering segment of poultry keeping machinery is expected to remain as the most preferred product in the poultry keeping machinery
- The growth of this particular segment can be primarily attributed to its quickest and simplest functioning leading to minimized discomfort during the slaughtering process.
The APEJ region is anticipated to hold more than one-third of the revenue share in the poultry keeping machinery market by the end of 2029.
- The APEJ region is anticipated to continue to be an opportunistic market for broiler harvesting and slaughtering machinery manufacturers and distributors, owing to increasing production and demand for poultry products and chicken.
- Other segment, which includes vaccination, flooring, scales, nest, cages, etc., is also anticipated to grow in the market for poultry keeping machinery.

This has led to the main advantage, i.e., amplified cleanliness and hygiene resulting in much lesser incidences of diseases, which spread through droppings. Due to the small size group, this also results in low incidences of social friction, which simultaneously lead to ease of management. Reduced litter problems and better working conditions with much lower cost of production are some of the leading drivers for the usage of battery cages.

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Market Structure Analysis:

The poultry keeping machinery market is a moderately competitive market globally.
Strategies followed by key players in the poultry keeping machinery market are expansion of business through acquisitions and mergers, recognitions, product launches, collaborations, and alliances. Key market players focus on strategies such as product expansion and innovation through new dealership networks and collaborations.
Noteworthy investments in research and development for novel and sturdy products are anticipated to boost the growth prospects of the poultry keeping machinery market.
- Major key players in the poultry keeping machinery market are Valco Companies, Inc., Jansen Poultry Equipment, Vencomatic Group, Big Dutchman International GmbH, TEXHA PA LLC, Petersime NV, Hartmann Lebensmitteltechnik Anlagenbau GmbH, HAMex-GmbH.

By segment:

Product Type

Feeding
Drinking
Climate Control
Incubator Equipment
Hatchery Equipment
Egg Collection, Handling, and Management Equipment
Broiler Harvesting and Slaughtering
Residue and Waste Management
Others (Vaccination, Flooring, Scales, Nest, Cages)

Region

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

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For the global poultry keeping machinery market, the APEJ region is projected to be a prominent region throughout the forecast period owing to the increasing consumption and production of poultry keeping machinery in China and India, along with North America, Latin America, Western Europe, and Eastern Europe. The growing focus on animal welfare worldwide has inclined consumer focus on the methods adopted in the production of the food produced from the farm.

Green UPS Market Set for Rapid Growth by 2025

As the technology evolves, people are now living a better life with all IT convenience at its repose. However, all comforts come at certain costs. Soaring energy costs is significantly impacting the operating expenses of companies. In recent years, the electricity costs has increased considerably. With depleting natural resources, we need to change our behavioral patterns as its quite essential to be made from economical view along with the concern of ensuring sustainability for future generations.

To meet the growing needs of energy & environmental concern, the green power UPS systems are designed. The patented green power UPS design reduces the power consumption of UPS systems by up to 75% when compared to the conventional UPS models. Conventional line-interactive UPS designs can have efficiencies as low as 85% under full load because the electrical current passes through a transformer, even when the utility power is normal. Energy is wasted in the transformer section leading to the generation of heat, ultimately resulting in higher operating costs. Power equipment plays an important role in the power consumption of data centers. It is reported that averagely the UPS consumes 18% of the electricity in data centres.

Green UPS systems has low “Total Cost of Ownership” (TCO). TCO accounts for the acquittal, operational and maintenance cost of an equipment. It is environmentally safe as it does not emit harmful chemicals into the environment, adhering to the Restriction of Hazardous Substances (RoHS) directive. Heat generation is thus minimized in the green power UPS systems, which is an important benefit in datacenter environments. Reduction in the power consumption of UPS equipment will considerably reflect in lower electricity cost for corporate. The green power UPS system consists of advanced bypass circuit design which reduces UPS energy costs by up to 75% compared to the conventional models. With its clean rectifier component, green power UPS significantly optimizes the upstream infrastructure without over-rating the supply system (which includes generator sets, cables, switches and protection devices). Reducing the carbon footprint is an aim for everyone for the future of the earth. Replacing an UPS of 93 % efficiency with a product like green power UPS system means that the CO2 emissions are reduced to approximately 50%.

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In Japan, energy shortage has forced all the data centers to cut down their power consumption. In China, the datacenters operates with a “Power Utilization Efficiency” (PUE) factor of 4. The ideal efficiency being 1, hence there is much room for the improvement. Asia Pacific itself accounts for approximately one-third share of the global green UPS market, in terms of revenue.

Green UPS Market: Drivers & Restraints

Growing power crisis, increasing infrastructure investments and frequent voltage interruptions, increasing demand for data storage, security and speed, rising urbanization are some of the key factors driving the growth of the green UPS market.

Presence of unorganized players, especially in the low rating UPS segment is posing a major threat for the organized players operating in the global UPS market. Lack of awareness towards the green UPS technology, stringent regulations and protocols are probable factors restraining the growth of the global green UPS market.

Green UPS Market: Segmentation

The global green UPS market is broadly classified on the basis of KVA rating, applications, UPS technology and geographies.

Based on KVA Rating, the global green UPS market is segmented into:

Less Than 1 KVA UPS System
1 KVA – 5 KVA UPS System
5 KVA – 20 KVA UPS System
20 KVA – 60 KVA UPS System
60 KVA – 200 KVA UPS System
Above 200 KVA UPS System

Based on Application, the global green UPS market is segmented into:

IT Networks/ Infrastructures
Data centres
Service sector
Telecommunications

Based on UPS technology, the global green UPS market is segmented into:

Online
Line-interactive
Standalone

Green UPS Market: Overview

With worldwide increasing concern of environment, energy-saving is not only a matter of cost-savings but also a social responsibility. With the advent of cloud computing, significant impact will be there on the IT industry. As power and cooling consumes maximum energy in the datacenters, IT companies are disposed to understand the financial benefits of adopting green UPS systems for energy efficiency.

With rapid urbanization and increasing concern for eco-friendly energy systems, the acceptance of green UPS is gaining popularity. The global green UPS market is expected to expand at a promising CAGR during the forecast period (2015-2025).

Green UPS Market: Region-wise Outlook

The global green UPS Market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, global green UPS market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America and Europe accounted for the largest share in the global green UPS market in terms of market revenue. Asia Pacific, led by China and India are projected to expand at a fastest growth rate and will contribute to the global green UPS market value exhibiting a robust CAGR during the forecast period, 2015?2025.

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Green UPS Market: Key Players

Some of the key market participants in global green UPS market are Cyber Power Systems Inc, Emerson Network Power Inc, Eaton Corporation PLC, Socomec, Numeric, Tech Data Corporation, Tripp Lite.

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Home Care Services Market is slated to grow at a CAGR of 9% during 2022-2032

Home Care Services Market Overview

The home care services market is slated to grow at a CAGR of 9% during 2022-2032.

“Demand for private home care services for maid will remain high as individuals working in dual working households find it difficult to manage work and home together.”

Over the years, the home care services market has grown exponentially on account of demand from the baby boomers generation. Most people are comfortable in their own homes and leaving their comfort zone to receive treatment or care in a facility seems like a daunting task for many. Many elderly people who have lived their entire lives at their homes find it difficult to adjust to a new institution/facility and this is where home care services have emerged as a credible alternative.

Demand from Baby Boomers Will Fuel the Demand for Home Care Services Market

The global home care services market is projected to grow at a healthy rate through 2020. Rise in the baby boomers population around the world is projected to be the key driver for the growth of the global home care services market. Also, awareness about the benefits of receiving home care is further expected to propel the growth of this market.

Home Care Services: Market Segmentation

Home care services can be broadly segmented into health and non-health home care. Home health care services include diagnostic and monitoring services, medical supplies, and therapeutic services. It is projected that home healthcare services market will witness a single-digit CAGR through 2020. The non-health home care services segment includes personal hygiene care and companionship services. Personal hygiene segment further includes cooking and housekeeping, grocery shopping, and bathing and grooming assistance.

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Key Drivers and Regions for the Global Home Care Services Market

Asia Pacific, the U.S. And Western Europe are projected to be the key regions for the growth of the global home care services market. The burgeoning elder population in Asia Pacific, especially in densely populated countries of India and China is expected to fuel the demand for the home care services market. The easy availability of home care service providers and increase in chronic diseases are projected to be the reasons that will fuel the global home care services market. The cost effectiveness of home care services is anticipated to augur well for the growth of the home care services market in Western Europe.

Key Challenges for the Global Home Care Services Market

Lack of trained workers remains a key challenge for the growth of the global home care services market. The leading companies in the global home care services market have stringent hiring procedures and they focus on imparting the right training to their staff. However, new entrants in the market are lax about the history of the workers and they do not have the resources or the budget to train them. This remains a key challenge for the growth of the global home care services market.

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Key Players in the Global Home Care Services Market

The prominent home healthcare service provider companies are Apria Healthcare Group (U.S.), Alere, Inc. (U.S.), Fresenius Se & Co KGAa (Germany), GE Healthcare (U.K), and B. Braun Melsungen AG (Germany). These companies have registered their presence among the consumers and it is projected that during the forecast period, these companies will further consolidate their position.

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Conveyor Belt Market: Notable Developments & Geographical Outlook

Conveyor belts are primarily employed for carrying objects from one point to another. The material to be transported is placed on the belt and is carried to the end point on the belt. The two main industrial classes of belt conveyors are general material handling and bulk material handling. General material handling are those used to move boxes along inside a factory while bulk material handling are used to transport large volumes of resources and agricultural materials such as grain, salt, coal, ore and sand.

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Middle East conveyor belts market is projected to register a healthy CAGR of 4.3% in terms of value during the forecast period (2016–2026). This is mainly attributed to various factors, regarding which FMI offers detailed insights in its report.

Market Segmentation

On the basis of product type, Middle East conveyor belts market has been segmented into metal-reinforced rubber conveyor belt, fabric-reinforced rubber conveyor belt and plastic conveyor belts. Metal-reinforced rubber conveyor belt segment has been estimated to account for 27.3% value share of the market in 2015 and is expected to register a CAGR of 4.6% over the forecast period.

By cover type, Middle East conveyor belts market has been segmented into conductive conveyor belt, abrasion-resistant conveyor belt, heat- and flame- resistant and oil-resistant conveyor belts. Conductive conveyor belt segment has been estimated to account for 13.5% value share in 2015 and is expected to register a CAGR of 5.7% over the forecast period.

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On the basis of application, Middle East conveyor belts market is segmented into mining, food production industry, commercial, construction industry, electricity generating stations, automotive industry, chemical & fertilisers and packaging industry; among these, mining segment has been estimated to account for value share of 22.9% in 2015.

By weight, Middle East conveyors belts market is segmented into lightweight, medium-weight and heavyweight; among these, medium-weight segment has been estimated to account for value share of 49% in 2015, which is projected to increase to 49.5% by 2026. In Middle East conveyor belts market, lightweight segment is projected to exhibit the highest CAGR of 5.0% over the forecast period.

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Key Players

Middle East conveyor belt market include:

Al Kuwaiti Industrial Solutions, Arabian Universal, Bridgestone Corporation, ContiTech AG (Continental AG), Derby Conveyor Belts Industry and Trade Inc., FaBa Commercial Services, Fenner Dunlop Conveyor Belting, Kale Conveyor, Phoenix Conveyor Belts Systems GmbH, Schieffer Magam Industries Ltd., Semperit AG Holding, Ziligen A.S., Major participants are focusing on collaborations and partnerships with service providers to enter into new markets. These key players are also focusing on expanding their offerings and provide end-to-end solutions, which include conveyor belt manufacturing, service and maintenance.

Global Water Softening Systems Market Is Anticipated To Expand At A Robust 6.5% CAGR Between 2021 And 2031

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

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

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Key Points Covered in Water Softening Systems Market Survey

Market estimates and forecast 2021-2031
Key drivers and restraints impacting market growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Water Softening Systems Market and how to Navigate
Recommendation on Key Winning Strategies

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

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

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

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

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Competitive Landscape

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

Water Softening Systems Market Historic Sales Compared to 2021-2031 Forecast Outlook

As per FMI’s analysis, demand for ultra-soft water softening systems visibly grew due to soaring concerns pertaining to water contamination across the globe. However, amid the COVID-19 outbreak, sales reduced to an extent, especially on account of restrictions imposed on movement, which halted product installation in various residential, commercial, and industrial spaces.

However, growth is on the cards, with sales of salt-free water softening systems and increasing shift towards electrification and automation of industrial filtration systems and water treatment equipment, emerging as key trends in the market.

Government initiatives in collaboration with water supply management authorities that are aimed to establish a reliable supply chain will foster sales in the market. FMI forecasts water softening systems sales to grow by 6.5% CAGR between 2021 and 2031, as against growth at 4.7% registered between 2016 and 2020.

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Water Softening Systems Market by Category

By Operation Type:

Electric
Non-Electric

By Application Type:

Residential
- Salt-based
- Salt-free
Industrial
Commercial

By Design:

Mono Cylinder
Twin Cylinder
Multi-Cylinder

By Region:

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding Japan
Japan
Middle East and Africa (MEA)

Fifth Wheel Coupling Market stands grow at 5.7% CAGR between 2021 and 2031

Fifth Wheel Coupling Market Snapshot

[375 Pages Report] Sales in the fifth wheel coupling market stands to grow at 5.7% CAGR between 2021 and 2031 in terms of value. Volume demand is estimated to grow at a CAGR of 5.3% over the forecast period. As per Future Market Insights (FMI), the fifth wheel coupling market represents 4% of the semi-trailer market.

Demand in the construction and mining industries will enable growth in the market. Transportation demand is expected to increase as the mining and petrochemical industries expand, particularly in Europe and the Middle East & Africa. This will fuel the demand for fifth wheel coupling for cost-effective goods movement, as well as increased safety and productivity.

Due to the use of new tech to increase product quality and ensure compliance with government rules and policies with regards to emission-control standards, automotive fifth wheel couplings are in high demand. The use of enhanced material tech in the production of automobile components increases component load capacity and strength.

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These improvements enable fuel efficiency in vehicles. Furthermore, automotive fifth wheel couplings are relatively small in weight, making them perfect for improving vehicle durability and performance. Fifth wheel connectors are likely to be used by manufacturers to improve fuel economy.

Driven by these developments, the fifth wheel coupling demand will surge in the automotive sector. With focus on emission control expected to skyrocket in the coming years, sales in the fifth wheel coupling market has been projected to surpass US$ 1.0 Bn by 2031.

Key Takeaways from Market Study

By product type, semi oscillating fifth wheels are expected to account for the dominant share of more than 55% in the global market.
By operation, mechanical segment is expected to continue leading, accounting for sales of more than 60%.
By capacity, between 20 to 30 tons segment will dominate the market with more than 40% share.
By material, cast steel is projected to dominate the market with a share more than 30%.
By region, East Asia is expected to have the largest share in the market accounting to more than 30% of sales.

“Advancements in materials to produce lightweight and high capacity fifth wheel coupling, high rate of urbanization, trade liberalization among countries, and increasing popularity of semi-trailers for moving cargo will drive the fifth wheel coupling market,” says a Future Market Insights analyst.

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Key Market Segments Covered

Product Type:

Compensating
Semi Oscillating
Fully Oscillating

Operation:

Hydraulic
Pneumatic
Mechanical

Capacity:

Below 20 tons
Between 20 to 30 tons
Between 30 to 45 tons
Above 45 tons

Material Type:

Cast Steel
Cast Iron
Fabricated Steel
Aluminum
Others

Sales Channel:

OEM
Aftermarket

Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

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Fifth Wheel Coupling Market Competitive Landscape

Some of the leading players operating in the market are JOST Werke AG, SAF Holland, Foshan Yonglitai Axle Co., Ltd., Xiamen Wondee Auto parts Co., Ltd., Zhenjiang Baohua Semi-Trailer Parts Co. Ltd, Guangdong Fuwa Engineering Group Co., Ltd., Tulga Fifth Wheel Co., Sohshin Co. Ltd, Fontaine Fifth Wheel, RSB Group, Hunger Hydraulics Group, ACCL (PL Haulwel Trailers), Titgemeyer Group, Shandong Fuhua Axle Co., Ltd., Land Transport Equipment Co.Ltd, CM Trailer Equipment Ltd, Horizon Global Corp and others.

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Global Ultra Violet (UV) Lamps Market is Projected Expand at CAGR of 11.3% During 2014-2025

UV lamps are basic lamps that emit ultraviolet radiation with a wavelength ranging between 400 nm and 100nm. UV light is basically classified into three wavelengths: UV-A, UV-B and UV-C. This report covers UV-C, also known as germicidal UV – with wave length ranging between 100 nm to 280 nm – and its purpose is to disinfect or deactivate the DNA and RNA of bacteria, viruses and other pathogens, thus inhibiting their ability to multiply.

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Water treatment segment is further sub-segmented into municipal water treatment, residential water treatment, commercial water treatment, industrial process water treatment, pool and spa and others. Of all the sub-segments, municipal water treatment sub-segment was dominant in 2014, accounting for US$ 19.4 Mn.

Air treatment segment is further sub-segmented into healthcare facilities, residential and commercial and others. Of all the sub-segments, residential and commercial sub-segment remained dominant with 60.0% in 2014, and the trend is anticipated to continue till 2025 end.

Food and beverages disinfection segment is further sub-segmented into bottled water and other beverages, marinades and brines and surface disinfection of food. Among all these sub-segments, bottle water and other beverages sub-segment was dominant in the food and beverages segment with over 45.0% in 2014, and the trend is expected to continue over the forecast period.

Key Regions

The global UV lamps market has been sub-segmented into seven major regions which include North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa. APEJ dominated the market with over 30% of the overall UV lamp market share in 2014, while Eastern Europe followed with over 20% market share. In addition, APEJ is anticipated to be the fastest growing region in the UV lamp market in terms of revenue contribution.

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Key Players

Some key players identified in global UV lamp market are Xylem Inc., Calgon Carbon Corporation, Trojan Technologies Inc., Koninklijke Philips N.V., Halma PLC, Heraeus Holding Gmbh, Severn Trent PLC, Xenex Disinfection Services LLC, OSRAM GmbH and Atlantic Ultraviolet Corporation

On the basis of lamp type:

The market has been segmented into UV LED and UV mercury lamp, with the latter representing nearly 90% revenue share of the global UV lamp market in 2014; FMI expects this segment to witness a decline of 27 BPS by the end of 2025. UV mercury lamp segment is categorised into low-pressure, medium- pressure and amalgam mercury lamp. Among these, amalgam mercury lamp dominated the UV mercury lamp segment market, accounting for over 40% of the UV mercury lamp market in 2014.

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On the basis of end-use application:

The UV lamps market is segmented into wastewater treatment, water treatment, air treatment, surface treatment and food and beverages disinfection. Revenue contribution by the food and beverages disinfection segment was over 25.1% in 2014, which is projected to increase to 28.2% by the end of 2025, gaining 309 BPS and expanding at a CAGR of 12.5% during the forecast period.

Water treatment segment is categorised into industrial process water treatment, water treatment, commercial water treatment, residential water treatment, municipal pool and spa, and others. Municipal water treatment sub-segment accounted for the highest revenues in 2014, and this trend is expected to continue through 2025.