Market Research Blog – Page 15101 – New Product Development

At-Home Vaginal pH Test Kit Market: Segmentation and Global Industry Analysis 2018 – 2028 : FMI Study

At-Home Vaginal pH Test kits are used to measure the pH of the vaginal secretion. At-Home Vaginal pH Test is a qualitative test to find out the unbalanced pH level of the vaginal secretion. At-Home Vaginal pH Test is performed in case of unusual vaginal symptoms such as unpleasant odor, burning, itching or unusual discharge.At-Home Vaginal pH Test is useful to decide whether the patient suffering from unusual vaginal symptoms. However, the at-home vaginal pH test will not help for the diagnosis of group B streptococcus HIV, gonorrhea, herpes, syphilis, or chlamydia.

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At-Home Vaginal pH Test Kit: Drivers and Restraints

At-Home Vaginal pH Test allows the early detection of vaginal infections. A normal vaginal pH is between 3.8 and 4.5. If the vaginal pH is detected using at-home vaginal pH test kits is 5.0 or more indicates the presence of either trichomoniasis or bacterial vaginosis. On the other hand, the lower pH than 3.5 indicates the presence of yeast infection. Moreover, the at-home vaginal pH test kits are a cost-effective option for the early detection of vaginitis at home without visiting the physician. Moreover, the at-home vaginal pH test kit is also useful to maintain the pH balance of vaginal area, early diagnosis of the disorder related to vaginal flora, to prevent the vaginal infection, the at-home vaginal pH test kit is also useful for greater safety during pregnancy, to monitor the effectiveness of any treatment. These factors and advantages are expected to propel the market of at-home vaginal pH test kits.

However, the results of at-home vaginal pH test kits may not be accurate if the woman has recently had intercourse or if the women are on her period. In most of the cases, the patient should still see a physician or gynecologists to get the most correct diagnosis even after using at-home vaginal pH test. These factors are expected to negatively impact the growth of the at-home vaginal pH test kits market.

At-Home Vaginal pH Test Kit Market: Overview

Global At-Home Vaginal pH Test Kit Market has witnessed growth due to rising awareness feminine hygiene and rising incidence of vaginitis.

At-Home Vaginal pH Test Kit Market: Region-wise Outlook

Geography wise, At-Home Vaginal pH Test Kit Market is divided into eight regions such as North-America, Asia- Pacific excluding China & Japan, China, Japan, Western Europe, Eastern Europe, Latin America and Middle-East & Africa. North America’s At-Home Vaginal pH Test Kit Market is expanding because of high adoption rate and it will remain dominant over the period of forecast due to rising incidence of vaginitis and rising awareness for feminine hygiene.

At-Home Vaginal pH Test Kit Market: Key Market Participants

Some of the market participants in the Global At-Home Vaginal pH Test kit market identified across the value chain include: Hometest, Bayer AG, Prestige Consumer Healthcare, Inc., GRÜNSPECHT Naturprodukte GmbH, Vagisil, Dream Future Innovation.

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

The report covers exhaust analysis on:

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

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.

At-Home Vaginal pH Test Kit Market: Segmentation

To gain a comprehensive and better understanding of the future market equity, the market report is segmented based on the distribution channel and region.

On the basis of distribution channel, At-Home Vaginal pH Test Kit Market can be segmented as:

Retail Pharmacy
Hospital Pharmacy
Online Pharmacy
Fertilization Centers

On the basis of geography, At-Home Vaginal pH Test Kit Market can be segmented as:

North- America
Eastern Europe
Western Europe
Asia-Pacific excluding China & Japan
China
Japan
Middle East and Africa
Latin America

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Concrete Pouring Boom Market Trend 2021| Segmentation, Outlook, 2030 Industry Report By FMI

An upcoming research study by Future Market Insights (FMI) on the global Concrete Pouring Boom Market presents a negligible flow and opportunity for key market stakeholders. The report provides in-depth insights into the Concrete Pouring Boom market with a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. The valuable information and forecasting statistics covered in the Concrete Pouring Boom Market report will help both existing and potential new market entrants to maintain business continuity and plan long-term strategies during the crisis.

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Analysis of the impact of COVID-19

Like many industries, the recent COVID-19 outbreak has had a negative impact on the industrial automation and equipment industry. The concrete pouring boom market is no exception. In response to government action, particularly social distancing rules and stay-at-home orders, companies operating in the concrete pour boom market have stopped production. Movement restrictions also created a logistical nightmare for market participants and reduced sales without a ‘must have’ status.

FMI’s report covers an exclusive chapter on the initial impact of COVID-19 on the Concrete Pouring Boom Market. This helps both incumbents and new entrants to understand market scenarios in times of crisis and make sound decisions to gain a distinct competitive advantage.

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24/7 service to domestic and foreign customers
Fast and efficient customer service
Data collected from trusted primary and secondary sources
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Concrete Pouring Boom Market: Segmentation

The information has been split into major segments and sub-segments to effectively and efficiently analyse the Concrete Pouring Boom market.

Based on length, the concrete pouring booms market can be segmented into:

Concrete pouring boom under 30m class
30-40 meter class concrete pouring boom
41-50 meter class concrete pouring boom
Class concrete pouring boom over 50 meters

Based on end-user, the Concrete Pouring Booms market can be segmented into:

mining
energy and power
tunneling
erection

Concrete Pouring Boom Market: Competitive Analysis

FMI’s research provides an extensive analysis of global, regional and country level players operating in the Concrete Pouring Boom market based on innovative launches, distribution channels, regional networks, industry penetration, production methods, and revenue generation. Growth strategies and acquisitions and acquisitions (M&A) activities related to the players are included in the Concrete Pouring Boom Market report.

The key players covered in the report are:

Putzmeister America, Inc.
SANY GROUP
ALTERMEKA Mühendislik ve Tic.Ltd
Everdigm
Camelway Machinery Equipment Co.,Ltd.
Hangzhou Truemax Machinery & Equipment Co., Ltd.
darwin machine
Zoom Lion
rifher
XCMG

Important questions answered in the report

Which end-user industries remain the top consumers of concrete pouring booms in other regional markets?
At what rate did the global, concrete pouring boom market expand during the forecast period?
What will the global, concrete pouring boom market look like by the end of the forecast period?
What innovative technologies are the Concrete Pouring Boom market players adopting to stay ahead of the market?
What are the restraints affecting the growth of the global Concrete Pouring Boom market?

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Highlights of the report

Growth Drivers and Opportunities: Comprehensive analysis of growth drivers and opportunities for market players in various regional markets
Recent Trends and Forecasts: A detailed assessment of the latest trends, technological advances, and forecasts over a 5- or 10-year period.
Segment Analysis: What differentiates the role of these segments in an extensive analysis of each segment and market revenue forecasts and growth rate analysis
Regional Market Forecast: A thorough analysis of each regional market gives stakeholders the information they need to make important decisions
Competitive landscape: Comprehensive insights into key and emerging players competing for a portion of the Concrete Pouring Boom Market

Condition Monitoring System Market Will Push The Demand At 7.5% CAGR Between 2021 And 2031: FMI

Global condition monitoring system sales will be valued at US$ 3,293.9 Mn in 2021, with a steady long-term projection, according to the latest insights by Future Market Insights.

The report estimates the market to expand at 7 to 8% CAGR from 2021 to 2031 Power generation segment, automotive segment, chemical, and petrochemical segments revenue totalled US$ 2,062.1 million for 2021, according to the annual market analysis conducted by Future Market Insights.

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Consistently rising demand from chemical and petrochemical and power generation industries will create prospects for growth of the market through the forecast period. The need for systems to remotely monitor machinery equipment amidst aging population of factory workers is also a major factor driving the market historical period 2016-2020.

Demand for condition monitoring system slightly decreased because of shutdowns of various manufacturing plants amid COVID-19 induced restrictions. Although the need to ensure efficient running of equipment to future proof, the operations has resulted in a lesser drop as compared to other product markets.

The benefit of gaining insights in real-time and unexplored data sources throughout the pandemic without being actually present in the plant has also contributed to higher sales.

Key Takeaways from Market Study

The global condition monitoring system market witnessed a slump in 2020 because of the COVID-19 pandemic, with a recorded growth of -2.3%.
The market in the South Africa is projected to expand at a CAGR of around 5.3%, while that in the Mexico at close to 6.3%, through 2031.
The market in India and Germany is set to surge at greater than 8% CAGR over the next ten years.
Sales in the U.S. will continue increasing, accounting for over 80% of demand registered in North America.
Rising application across various industries will seal China’s dominance in East Asia.

“Aging and depreciation of machinery and continued OPEX based investments by various industries, primarily incurred on repair and maintenance of machineries, are driving the condition monitoring market,” says a Future Market Insights analyst.

Condition Monitoring System Market by Category

By Technique:

Corrosion Monitoring
Infrared Thermography
Motor Condition Monitoring
Oil Analysis
Ultrasound Testing
Vibration Analysis

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By Application:

Aerospace and Defense
Automotive and Transportation
Chemical and Petrochemical
Food & Beverage
Marine
Mining and Metal
Oil and Gas
Power Generation

By Region:

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

Competitive Landscape

The market is understood to be highly consolidated, with key players accounting for more than four-fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in this industry are Schaeffler Technologies AG & Co., Kirloskar Brothers Ltd, Siemens AG, Honeywell International Inc., ABB Ltd., Emerson Electric Co., Rockwell Automation, Inc., Fluke Corporation, Parker Hannifin Corp, General Electric, AB SKF amongst many others.

Find More Valuable Insights

The research report analyses demand for condition monitoring system. The global condition monitoring system market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the market has been analysed based on product type, application, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.

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About Industrial Automation Division at Future Market Insights

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

Pallet Pooling Market By Structural Design, Material & Region – Forecast 2019-2029

Pallet pooling ensures the availability of pallets at the operational location, which results in a lean supply chain. Lean supply chain management leads to effective operational lead time. Owing to the rising inclination of most end users towards cost reduction, along with optimum lead time, the pallet pooling market is estimated to gain noteworthy traction in the coming decade.

According to a new research report published by Future Market Insights (FMI), the pallet pooling market is estimated to exhibit 6% CAGR over the forecast period, to reach a valuation of more than US$ 11 Bn by the end of 2029.

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Key Takeaways of Pallet Pooling Market Study

Pallet pooling has prominent application in the FMCG sector, as warehouses play a crucial role in this industry.
In terms of material, plastic pallet pooling is estimated to witness notable demand, owing to high reliability, durability, and cost-effectiveness of plastic pallets as compared to other types.
Globally, the pallet pooling market in GCC countries is estimated to witness lucrative growth, owing to the positive outlook for industrial trade activities in the region, particularly for the e-Commerce industry. The U.S. is expected to hold a leading share in the global market, registering a significant CAGR throughout the forecast period.
In recent years, pallets tagged with RFID have become more popular amongst end consumers, owing to their ability to provide location and detailed information related to stacked products on pallets.
Pallet pooling is a onetime investment business, in which, the owner has to purchase pallets and then pooling can be done with no enormous investment. As a result, the market offers high profit margins to its participants.
For the effective operational efficiency of pallets, pallet service providers perform quality checks after every service cycle to provide high-quality pallets and efficient service cycles to end consumers. Continuous and high standard quality checks of pallets are estimated to help players in the global pallet pooling market gain a competitive advantage.

“In the pallet pooling market, flexible payment profiles allow end consumers to pay rent monthly at fixed rental rates throughout the term of the agreement, and customisations can be made in rental agreement terms to suit the period of budget allocation and income patterns.”

Pallet Pooling Market: Competitive Landscape

The pallet pooling market is highly consolidated, owing to the presence of a limited number of pallet pooling service providers across the globe.

Brambles Limited,
Euro Pool Group,
Faber Halbertsma, and
Loscam

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Are considered being leading players in the pallet pooling market. Most market players are focusing on expanding their sales footprint in developing markets such as South Asia and the Middle East through the establishment of additional regional offices and sales partners.

PALLET POOLING MARKET TAXONOMY

Structural Design

Blocks
Stringers
Customised

Material

Wood
Composite
Plastic
Steel
Other Metals

End User

FMCG
Food & Beverages
Pharmaceuticals
Electronics
Chemicals
Others

Region

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

Focus on Technological Advancements in Pallet Pooling

Increasing requirement of technologically advanced pallet systems throughout the supply chain for lean management is anticipated to support the future growth of the global pallet pooling market.

Find More Insights on Pallet Pooling Market

This research report analyses the total sales value of the pallet pooling market based on revenue generated by market players from the target product. The market is forecasted based on factors such as warehouse traffic flow, adoption rate, government regulations, and sustainable development. The research report includes pallet management services catering to FMCG, food & beverages, chemicals & pharmaceuticals, and other related end-use industries.

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About Industrial Automation Division at Future Market Insights

For additional information, write to the analyst at press@futuremarketinsights.com

Storm Water Cleaning Services Market 2021 Industry Research, Segmentation, Key Players Analysis and Forecast to 2025

Storm water runoff occurs when snow melts and rain flows over an impervious surface or land, and does not percolate into the ground. Further, the rate of flow increases as the runoff flows over the land due to oil, debris, chemicals, and the collection of other pollutants. Storm water cleaning services are done for the maintenance of catch basins, drill holes, drywells, oil/water separators, and sedimentation manholes, among other storm water controls, to prevent pollutants from entering a surface.

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These pollutants have the ability to directly contaminate drinking water, which is why, periodic removal or cleaning of hydrocarbons, garbage, oil, and sediment is so critical. Service providers of storm water cleaning help in visual inspections of the site, check blockage pipes, replacing and removing exhausted filters, cleaning of sediment, and debris removal from storm drains.

The storm water cleaning services management programs offered by various service providers help in protecting the fish habitat, improving water quality, and managing drainage by establishing construction and design standards. Other storm water cleaning services, such as mapping, locating, filter cleaning, video inspection & monitoring, cleaning pipes, oil-water separator cleaning, and others, are further offered by the providers of storm water cleaning services.

Root cutting of pipelines, removal of large debris, excavating sewer and water major breaks are some of the storm water cleaning services which help in reducing safety risks, environmental risks, and the costs associated with back filing excavations.

Storm Water Cleaning Services Market: Dynamics:

Unfamiliar patterns of urban areas lead to interrupted hydrological cycles, inhibited filtration, and peak and higher surface runoff volume flow, primarily because of higher share of impermeable surfaces such as parking spaces, roads, sidewalks, and others. These peak flows cause storm water to reach sewage systems quickly in large volumes, and require storm water cleaning services periodically. Furthermore, the insufficient capacity of the combined sewage systems collecting sewage and storm water for handling excess water, thus causing pollution, is further estimated to drive the demand for the storm water cleaning services market during the forecast period.

Growing urbanisation, increasing investments by governments across developed nations to resolve these issues, and environmental concerns with natural source conservation programs are further expected to drive the global market for storm water cleaning services over the forecast period.

However, inefficient command-and-control regulations owing to difficulty in customising and differences at plot level and relatively more expensive to monitor are expected to hamper the growth of the global storm water cleaning services market during the forecast period.

Storm Water Cleaning Services Market: Region-wise Outlook:

North America is estimated to witness relatively steady growth in the global storm water cleaning services market, owing to stringent government regulations, increasing spending, and growing awareness among end users for these resources. Europe is expected to register substantial growth over the forecast period in the global storm water cleaning services market, due to an increase in urbanisation, presence of global companies, and ever-growing awareness.

Asia Pacific, with increasing construction and urbanisation, is further estimated to register substantial growth in the storm water cleaning services market during the forecast period. Increasing services and maintenance for storm cleaning across Middle East & Africa and Latin America are expected to further fuel the global storm water cleaning services market.

Storm Water Cleaning Services Market: Market Participants:

Some of the market participants involved in the global storm water cleaning services market are:

STORM WATER SERVICES
Stormwater Maintenance, LLC (SWM)
Northwest Stormwater Management, LLC
SWIMS
DBi Services
SR&R Environmental, Inc.
Hydro International
Ecosol Pty Ltd
Clean Water Services
RIVER CITY ENVIRONMENTAL, Inc.
John’s Sewer & Drain Cleaning

Brief Approach to Research

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The report covers exhaust analysis on:

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

Regional analysis includes:

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

This 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.

Storm Water Cleaning Services Market: Segmentation:

The global storm water cleaning services market is segmented on the basis of service type and application.

Based on service type, the global storm water cleaning services market is segmented into:

Root Cutting
Hydro-excavation
Vacuum Loading
Water jetting
Others

Based on application, the global storm water cleaning services market is segmented into:

Residential Storm Water Cleaning Services
Commercial Storm Water Cleaning Services
Industrial Storm Water Cleaning Services

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Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

Over US$ 44.6 Bn Opportunity to be Created in Building Automation Systems Market: Says FMI Analyst

As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market totaled US$ 44.6 Bn in 2021.

Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligence, machine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market to grow at a healthy 7.8% CAGR between 2021 to 2031.

After buckling the impacts of the unprecedented COVID-19 outbreak, the global building automation systems market experienced year-over-year growth by 7.0% between 2020 and 2021.

Building automation systems offer interconnectivity of machines and devices to manage and streamline daily operations in commercial, industrial, and residential sectors. Growing demand for convenience and comfort among tenants in modern residential spaces will continue providing tailwinds to BAS sales.

Besides this, emergence of smart cities across several countries is spurring demand for building automation systems. These systems facilitate energy efficiency, water and gas supply, lighting, temperature control, along with superior security and surveillance in residential as well as commercial buildings.

As per FMI’s in-depth regional analysis, the U.S. is expected to witness high demand for building automation systems during the assessment period. Growth in the commercial sector, coupled with penetration of building automation systems in schools, universities, hospitals, and entertainment centers are estimated to fuel market growth through 2031.

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“Government-backed initiatives to encourage the development of smart buildings, coupled with post-sales assistance and services offered by market players will positively shape the demand outlook in the building automation systems market,” says the FMI analyst.

Key Takeaways:

Building automation system services are estimated to dominate the product segment.
Sales of security and surveillance building automation systems will remain high through 2031.
Applications of building automation systems in commercial sector will continue gaining momentum.
The U.S. is expected to witness high demand for building automation systems, owing to expansions in the residential and commercial sector. FMI projects the North American market to grow at a positive 7.2% CAGR.
Growth prospects in the U.K. are projected to be bright, due to stringent government regulations regarding energy efficiency and conservation. The European building automation systems market is poised to expand at a 7.0% CAGR.
China will emerge as an attractive market, owing to government initiatives promoting the development of smart cities.
South Korea and Japan will collectively account for 7% of the total market share.

Competitive Landscape

Honeywell International, Schneider Electric, Siemens AG, ABB, Johnson Controls, Plc, Delta Electronics, Inc., Eaton Corporation, Bosch Rexroth, Emerson, AVASGLO Group, Signellent Technologies (India) Pvt. Ltd., Comnatz Thailand Company Ltd, Deos AG, MCS Automation Technology Company Ltd., and Philips Lighting are some prominent players operating in the building automation systems market profiled by FMI.

As per FMI’s analysis, top 5 players in the building automation systems market comprise Siemens AG, Honeywell International, ABB, Schneider Electric, and Johnson Controls, plc, accounting for 44% of the total market share.

Prominent players in the building automation systems market are focusing on intensive research and development to add new products and services to their product portfolios. Apart from this, strategic collaborations, acquisitions, and mergers will remain key growth strategies among market players in the upcoming decade. For instance:

In August 2021, Schneider Electric released its new EcoStruxure Micro Data Centre architectures on Stratus Technologies’ ftServer edge computing platforms to move data center capabilities to factory floors. These systems integrate Stratus’ fault tolerance and virtualization with Schneider’s uninterrupted power supply and run critical equipment with no downtown.
In July 2021, Germany’s Bosch Rexroth and Gamuda Engineering announced a collaboration to offer building automation systems in the Malaysian construction industry. The collaboration is aimed to raise the Malaysian construction industry’s competency in automation.

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More Insights on the Building Automation Systems Market

In its latest report, FMI offers an unbiased analysis of the global building automation systems market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of product type (hardware, software, and services), system type (security & surveillance, HVAC, lighting solutions, and building energy management), application type (commercial, residential and governmental), and across seven regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East, and Africa).

Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape

Magnetic Drive Pump Market–2021 – 2031 Analysis and Review: Magnetic Drive Pump Market By Pump Type – Centrifugal Pumps and Positive Displacement Pumps for 2021 and 2031

Tower Crane Rental Market– 2021 – 2031 Analysis and Review: Tower Crane Rental Market by Design—Top Slewing and Bottom Slewing for 2021-2031

Heat Shrink Tubing and Sleeves Market -2021 Analysis and Review: Heat Shrink Tubing and Sleeves Market by Sales Channel—Original Equipment Manufacturer (OEM) and Aftermarket for 2021-2031

About Industrial Automation Division at Future Market Insights

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

World Sirens Market Share by 2031: Upcoming Trends and Analysis : FMI

Future Market Insights (FMI)’s upcoming research study on the global Sirens market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Sirens market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the Sirens market report will help to exist and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the industrial automation & equipment industry. The Sirens market is no exception. Following government measures, particularly social distancing norms and shelter-in-place orders, companies active in the Sirens market have put their production on a halt. Movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the Sirens market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

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Serving domestic and international clients 24/7 Prompt customer service Data collected from reliable primary and secondary sources Highly trained team of research analysts. Seamless delivery of tailor-made market research reports

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Sirens Market: Segmentation

To analyze the Sirens market effectively and efficiently, the information has been segregated into key segments and sub-segments.

Segmentation of the global siren market by product type:

Electronic Electro-mechanical Rotating Single/dual toned Omnidirectional

Segmentation of the global siren market by application:

Civil defense Industrial signaling Emergency vehicles Home/vehicle safety Security/warning systems Military use Others

Segmentation of the global siren market by installation type:

Wall mounting Self-standing Water proof connector

Sirens Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Sirens market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Sirens market report.

Key players covered in the report include:

Acoustic Technology Inc., Sentry Siren Inc., MA Safety Signal Co. Ltd, Whelen Engineering Co. Inc., Federal Signal Corporation,

Crucial Questions Answered in the Report

Which end-use industry remains the top consumer of Sirens in different regional markets? At what rate has the global Sirens market been expanding during the forecast period? How will the global Sirens market look like by the end of the forecast period? What innovative technologies are the Sirens market players adopting to stay ahead of the pack? What are the restraints affecting the growth of the global Sirens market?

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Key Offerings of the Report

Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period. Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Sirens market.

Optical Spectrum Analyzer Market Records Growth as Demand from IT and Telecommunication Rises: FMI

Optical spectrum analyzer market is considerably gaining from the rising demand in the IT and telecommunication industry. According to a new study by Future Market Insights (FMI), the market will continue exhibiting steady growth since optical spectrum analyzer is an important tool in signal discrimination that finds application across diverse industries starting from IT to aerospace.

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The telecom industry has expanded exponentially in the last few years, which has, in turn, created lucrative prospects for the growth of the market.

Optical spectrum analyzer is highly sought-after in the telecommunication industry. It is used to determine occupied bandwidth and track interference sources. The growth in the IT and telecommunication industry is forecast to fuel the demand for optical spectrum analyzers in the coming years. The market also is expected to gain from the rising demand in medical & healthcare, energy & utilities, and other end-use industries.

According to Future Market Insights (FMI), the global optical spectrum analyzer market is set to grow at 5.5% CAGR during the forecast period from the year 2020 to 2030.

Despite facing a slower growth rate due to the COVID-19 pandemic in recent years, the market is soon likely to recover, creating ample opportunities for the companies operating therein.

FMI offers an exhaustive overview of the optical spectrum analyzer market, its growth drivers, and restraints.

Some of the key takeaways from the report are highlighted below-

Portable optical spectrum analyzer is gaining traction as a more preferred product among various industries
The wavelength meter mode of the optical spectrum analyzer is highly sought-after in the market
The IT & telecommunication industry will continue exhibiting high growth for optical spectrum analyzer
North America has emerged as a highly lucrative market. In the coming years, the demand from South Asia as well is expected to rise at a high rate

“Reflective or refractive techniques are used by the optical spectrum analyzer in order to distinguish wavelengths of light. This factor makes it a highly sought-after technology used in the IT & telecommunication industry. Since in terms of efficiency, portability, and cost-effectiveness portable optical spectrum analyzers are becoming the first preference of diverse end-use industries, the key market players are focusing on launching better quality products,” said an FMI analyst.

COVID-19 Impact Analysis

The COVID-19 pandemic has hampered the growth of several industries, including key end-users of the optical spectrum analyzer market such as IT, aerospace, and others. At the beginning of this year, the manufacturing units had to struggle with restrictions such as shortage of raw materials, decrease in manpower, closed supply chain, and others during extended periods of lockdown.

Contrary to this, the pandemic resulted in a surge in demand for optical spectrum analyzers from the medical & healthcare industry due to an increase in the rush of patients. Despite being impacted by the COVID-19 pandemic, the optical spectrum analyzer market is set to grow steadily throughout the forecast period.

Who is Winning?

The global optical spectrum analyzer market is set to grow exponentially in the coming years. To sustain their positions, the key market players are focusing on developing more sophisticated products.

For instance, AMS Technologies has launched their new range of optical spectrum analyzers such as Ultra Optical Spectrum Analyzer (OSA) Spectrometer, UltraBright Spectrometer, HyperFine Spectrometer, and others to target the key end-users such as telecommunication, medical, and others.

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Thorlabs has launched their new Dual-Function Broadband Spectrometer and Wavelength Meter equipped with FC/PC Fiber Connector and Free-Space Optical Input. This type of optical spectrum analyzer is capable of working in two modes- spectrometer mode (7.5 GHz resolution) and wavelength meter mode (0.1 ppm resolution).

Optical Spectrum Analyzer Market Key Segments

Product Type

Portable
Benchtop
Handheld

Mode Type

Spectrometer Mode
Wavelength Meter Mode

End-Use

IT & Telecommunication
Medical & Healthcare
Energy & Utilities
Automotive
Institutions
Aerospace & Defence
Semiconductors & Electronics

Region

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan
The Middle East and Africa
Japan

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More Valuable Insights on Optical Spectrum Analyzer Market

In the latest report by Future Market Insights, we offer an unbiased analysis of the global optical spectrum analyzer market, providing historical data from 2015 through 2019 and forecast statistics for the period 2020-2030. To understand the global market potential, its growth, and scopes, the market is segmented based on product type (portable, benchtop, handheld), mode type (spectrometer mode, wavelength meter mode), end-use (IT & telecommunication, medical & healthcare, energy & utilities, automotive, institutions, aerospace & defense, semiconductors & electronics), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

Tool Holders Market expected to witness a considerable value CAGR of 5.4% during the period of 2022 and 2028.

[248 Pages] The global tool holders market to grow with a year on year growth of 5.2% in 2022 reaching a value of about US$ 1,173.4 Mn by 2022 end. Tool holders are necessary for connecting high-speed tools such drills, taps, milling cutters to a machine in an efficient and safe manner.

It is very crucial in mechanised procedures that need high degrees of precision. This is due to the fact that they serve as the link between a tool and a machine. Product quality, machine life span and process noise are all affected by the tool holder used in high precision mechanised operations. The global business is expected to witness a considerable value CAGR of 5.4% during the period of 2022 and 2028.

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FMI has identified North America to remain key market for tool holders over the forecast period owing to increasing demand from end use applications. The region is estimated to witness a value CAGR 4.3% in the industry of Tool Holders. Global tool holders market is expected to account for about 1.5% of global machine tool market.

Global demand for tool holders, specifically arising from the automotive and defence and aerospace industries, will witness a relatively steady growth between 2022 and 2028, as predicted by Future Market Insights (FMI) in its recently released market intelligence report.

While the demand for tool holders will be largely driven by emerging economies, in particular the manufacturing sector, China is likely to make substantial investments in high performance cutting tools, considering the robust manufacturing and industrial output in the region. In other developing countries such as Philippines and Bangladesh, the positive scenario and policies, infrastructure, and steps, which are being taken to promote business, especially the manufacturing sector, will have a positive impact on the tool holders market offering huge opportunities for investors.

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

Key Market Insights at a Glance:

The demand for tool holders is expected to grow at a moderate pace over the forecast period.
Asia Pacific is estimated to hold a prominent share of the global tool holders market.
Initiatives by regional governments are likely to encourage the movement of low-cost manufacturing towards parts of South-East Asia, thereby creating healthy growth prospects create healthy growth opportunities in Asia Pacific region.
China will remain the largest consumer of machine tools, followed by U.S.
The tool holders market is consolidated with Tier-1 players accounting for significant shares.
The top three players of the market are estimated to account for more than a 50% market share.
On the basis of types of tool holder, hydraulic tool holders segment is slated to remain a high value – high growth segment.
In terms of end-use, general machining and fabrication and the automotive industries are likely to push maximum revenue into the tool holders market. The two end-use industries are estimated to collectively account for around 47% value share in the global tool holders market.

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BT Flange Taper will remain the most preferred taper type among CNCers, in terms of volume and value, given its high degree of accuracy and precision, in any high-speed machining operations.

Laser Cutting Technologies Could Restrict Tool Holders Sales

Laser cutting, a streamlined and precision manufacturing process, is likely to pose challenges for tool holders given its ability to not just cut materials but also apply finish to a product. Apart from lower risks of material deformation or warping, since there is no direct contact between the material and the laser cutting device, chances of incorrect markings and contamination further reduces. Although laser cutting could be technically challenging and costly, end-use industries demanding high cutting precision such as automotive, are projected to replace traditional tool cutting equipment. However, high market penetration of relatively low cost tool holders

May restrict the demand for new and more advanced tool holders despite their high accuracy and ease of handling.

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Takeaways from Competitive Landscape Analysis

In a moderately consolidated landscape, tier-1 companies such as Kennametal Inc., Sandvil AB, and BIG DAISHOWA Group among others hold approximately 55-65 percent market share.
Tier-2 companies, on the other hand, hold nearly 35-45 percent market share. Such companies include Guhring, Inc., CERATIZIT GROUP, KYOCERA UNIMERCO A/S, Kemmler Precision Tools GmbH, and Haimer GmbH among others.
Key players are projected to focus on enhancing product quality by implementing new technologies, tough and long-lasting equipment and consumables materials with added features at a competitive price.
Top companies are also looking to target major manufacturing industries such as metal fabrication and automotive by offering high cutting accuracy with increased productivity.

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

Power Tools Market demand by 5.1% CAGR between 2021 and 2031.

[298 Pages Report] The global power tools market size is expected to reach US$ 33.36 Bn in 2021. Increasing sales of cordless power tools will drive growth in the power tools’ demand by 5.1% CAGR between 2021 and 2031.

As per the latest Future Market Insights (FMI) analysis, demand for electric power tools and portable power tools will rise exponentially in the coming years. Soaring application in automotive, construction, aerospace, and other industries also will create demand for handheld and pneumatic power tools.

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The report also predicts power tools sales to make up nearly 7% to 8% of the global tooling industry.

The COVID-19 pandemic has severely affected the global economy. Resulting in manufacturing plants shutdowns, coupled with supply chain disruptions owing to nationwide lockdowns across the globe, subsequently resulting in the plunge in the power tools market growth. However, the market is expected to recover sharply as the economic activities resume post the containment of pandemic. Manufacturers are focusing on scaling up their production capabilities with improved production rate creating positive prospected for the power tools market growth.

Key Takeaways of Global Power tool Market Study

Power tools market will exhibit growth of 0.2% in 2021 over 2020 to reach 4,3%
Overall outlook remains positive as FMI forecasts the market to rise at ~5.1% between 2021 and 2031.
U.S. is expected to spearhead growth in North America, accounting for over 62% of overall share in the region in 2021
U.K. is expected to exhibit 4.6% year-on-year growth between 2021 and 2031
Outlook for Italy and France is expected to remain positive over the forecast period

“The power tools market is witnessing a strong growth trend, attributing to increasing demand from various end use industries. Key industry participants are focusing on developing partnerships with regional distributors in order to gain a competitive advantage in the evolving global market. To comply with online sales channel, adoption of e-commerce will create extensive opportunities for market participants during the forecast period.” says FMI analyst.

Global Power tool Market Competitive Landscape

The global power tools market is highly competitive market owing to presence large number of global and regional players operating in the market. Manufacturers are focusing on research and development for innovative improvements in their product portfolio, expansion in untapped markets coupled with developing their business via e-commerce platforms to gain competitive edge. Some of the leading manufacturers of power tool market are Robert Bosch GmbH, Stanley Black & Decker Inc., Makita Corporation, Techtronic Industries Company Limited, Koki Holding, Co., Ingersoll Rand Inc., Apex Tools, Hilti Corporation, Snap-on Incorporated, among others.

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Valuable Insights into Global Power Tools Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global power tools market, presenting historical demand data (2015-2019) and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the power tools market based on backing product type (drilling tools, fastening tool, heat gun, angle grinder, chain saw, orbital sander, jigsaw, impact wrench, circular saw), technology (electric and pneumatic), application (manufacturing, MRO services, DRO, construction), and sales channel (offline and online) across six regions (North America, Latin America, Europe, East Asia, South Asia, and the Middle East and Africa).

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, Europe, East Asia, South Asia & Pacific, Middle East & Africa
Key Countries Covered	US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa
Key Segments Covered	Product Type, Technology, Application, Sales Channel, and Region
Key Companies Profiled	Robert Bosch Power Tools GmbH Stanley Black & Decker, Inc. Makita Corporation Hilti Corporation Atlas Copco AB Techtronic Industries Company Limited Snap-on Incorporated Actuant Corporation Husqvarna AB Illinois Tool Works Panasonic Corporation Hitachi Corporation Ingersoll Rand, Inc. Enerpac Tool Group Kyocera Corporation Apex Tool Group Ridgid Tools Koki Holdings Co., Ltd.
Report Coverage	Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing	Available upon Request

About Industrial Automation Division at Future Market Insights