Woodworking Router Bits Market Value to US$ 150 Mn by 2029

Router bits are used in several woodworking applications such as milling, drilling, grooving, profiling, engraving, carving, etc. High accuracy and precision of carbide-tipped router bits are giving them a competitive edge in the global market. High demand for design furniture is another plus point favouring market growth. Furthermore, high reselling value of carbide-tipped router bits as compared to high speed steel (HSS) is also expected to push the growth lever of the global market in the coming decade.

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According to a new research report published by Future Market Insights (FMI), the global woodworking router bits market is estimated to exhibit a CAGR of close to 5% during the forecast period of 2019-2029.

Key Takeaways of Woodworking Router Bits Market Study

  1. Woodworking router bits have prominent application in engraving and carving all kinds of wood such as chipboard, plywood, hardwood, and softwood, and play a crucial role in the furniture industry.
  2. Targeting the expanding DIY consumer segment, manufacturers are offering customized products, which facilitate effective usage in handheld operations such as drilling, cutting, milling, etc.
  3. The most common types of router bits available in the market are handheld router bits and CNC router bits. Handheld router bits are limited to specific applications, resulting in steady market growth, whereas, CNC router bits are versatile, providing lucrative business avenues for investors.
  4. Out of all woodworking operations, grooving holds a significant share, and is projected to witness maximum growth during the forecast years.
  5. In recent years, the market has witnessed price variations, owing to diversified product lines offered by manufacturers that target a broad clientele based on the type of woodworking operation.
  6. Growing usage of wood in the design of basic utilities in commercial construction is expected to further raise the demand for woodworking router bits

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“In the woodworking router bits market, products with high-end precision and durability are necessary for complex woodworking operations. Manufacturers are capitalizing on this trend by actively providing customized products for application-specific woodworking operations.”

Woodworking Router Bits Market: Competitive Landscape

The woodworking router bits market has become increasingly competitive as manufacturers are launching advanced products that offer various operational benefits and are compatible to the woodworking industry. There are a significant number of organized and unorganized players actively operating in the global market. Key players involved in the woodworking router bits market are Robert Bosch GmbH, Stanley Black and Decker, Kanefusa Corporation, Amana Tool Corporation, and CMT Utensili SpA, among others. The offering of versatile router bits can be a differentiating move for manufacturers in the global market.

Asia Pacific Offering Lucrative Opportunities for Market Growth

The woodworking router bits market is expected to gain significant traction in the coming years, owing to flourishing residential and commercial construction activities in developing economies of Asia Pacific. Rising demand from the furniture industry in the commercial and residential sectors is expected to drive the sales of router bits during the forecast period. Intense use of wooden furniture and timber for construction in countries such as India, China, and South Korea is expected to propel woodworking router bits market growth.

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More about the Report…

The research report provides thorough assessment and future forecasts of the woodworking router bits market on the basis of three primary segments listed as follows: operation, shank size, and tool type. The report provides comprehensive information about global market size, key market manufacturers, and regional perspective for the market. The report also provides important dynamics of the woodworking router bits market. Scope of the research includes handheld woodworking router bits with carbide.

Heat Pumps Market to Hit US$ 50 Bn Mark by 2030 : FMI

According to FMI’s recent study, the global heat pumps market was valued at around US$32 Bn in 2019 and is estimated to expand at a CAGR of 5% over the forecast period of 2020-2030, with a limited impact of the current pandemic situation on long-term growth forecasts. Increasing demand for tech-advanced cooling solutions with low carbon footprint, government initiatives to curb greenhouse gas emissions, and advancements in heating, ventilation, and air conditioning (HVAC) systems are factors contributing to the revenue pool of the global heat pumps market.

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Amidst the global health crisis, cooling as well as heating systems are critical to fulfil the immediate needs of consumers, such as providing thermal comfort in hospitals and homes, preserving food and medicines, and keeping data centers running. In line with this, refrigeration and heat pumps are essential for consumers.

As the world attempts to fight the COVID-19 pandemic, it has led to delayed production across several heat pump production facilities in major coronavirus hit countries such as the US, China, and Germany, This is expected to dampen heat pump sales by around US$ 1 Bn in 2020. Moreover, the COVID-19 pandemic will significantly impact consumer behavior in the short term, with domestic shipments from China for air source heat pumps (ASHPs) registering drop of over one-third in January 2020.

The global heat pumps market will witness v-shaped recovery growth, owing to rising inclination towards innovative construction solutions, especially in countries such as India, China, and Mexico.

Key Takeaways from Heat Pumps Market Study

  • Air-water heat pumps are finding immense use in domestic hot water, floor heating, and space heating/cooling applications.
  • Heat pumps having flexible or twin-speed features to reduce energy consumption and improve overall efficiency throughout are likely to garner substantial traction over the forecast period.
  • Demand for CO2 refrigerant heat pumps is expected to increase, given its excellent recyclability, low cost, and environment-friendly attributes.
  • Hybrid heat pumps are likely to see significant rise in adoption, owing to their high efficiency, lower energy consumption, and cost effectiveness as compared to other heat pumps.
  • Air-source heat pumps continue to grab huge attention of market players, owing to their low installation cost and high demand in North America and Western Europe.

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“As the world moves towards sustainable and green energy solutions, heat pumps are expected to replace conventional heating systems rapidly in the near term. In addition, the ongoing coronavirus (COVID-19) spread can alter how companies organize their supply chains in the coming years, with more stress being layed on decentralization”.

HEAT PUMPS MARKET TAXONOMY

The global heat pumps market is segmented into six segments in detail to cover every aspect of the market and present complete market intelligence to the readers.

Type

  • Air-water Heat Pumps
  • Air-air Heat Pumps
  • Ground Source Heat Pumps
  • Hybrid Heat Pumps

Power Source

  • Electric
  • Others (Gas Driven)

End User

  • Residential
  • Commercial
  • Industrial

Refrigerants

  • HFC
  • CO2
  • Ammonia
  • Hydrocarbon
  • Others

System Type

  • Air-source Heat Pumps
  • Ductless Mini-split Heat Pumps
  • Geothermal Heat Pumps
  • Absorption Heat Pumps

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • MEA

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Heat Pumps Market: Competitive Landscape

The study provides vital insights of the competition landscape in the heat pumps market, along with various strategies adopted by prominent players. The global heat pumps market is fairly competitive, with manufacturers offering identical products. Some of the key manufactures in the heat pumps market are Panasonic Corporation, Mitsubishi Electric Corporation, Daikin Group, NIBE Group, and Danfoss Group Global.

Market participants are investing in R&D activities to develop new products with better energy efficiency, and are also focusing on providing aftersales services.

End Suction Pump Market to Exceed US$ 6.08 by 2031 with Industrial Sector Contributing 3/4th of Overall Sales: FMI

As per a detailed study by FMI, the global end suction pump market is set to top US$ 6.08 Bn in 2021. Increasing the use of the end-suction pumps in the power industry for various processes, including boiler feed, circulation, and sludge handling is propelling the demand in the market.

End suction pumps are finding a wide range of applications such as water dosing, fire suppression, and heating, ventilation, and air conditioning (HVAC) gas suction across hotels, gas stations, and others. On account of this, the market is expected to grow at a CAGR of 4.6% CAGR during the forecast period 2021-2031.

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Hence, increasing construction activities owing to the rapid urbanization across emerging economies such as ChinaIndia, and Japan among others is expected to create lucrative growth opportunities in the market.

Governments of several countries are emphasizing expanding their manufacturing capacity. For instance, the Indian Government has initiated a ‘Make in India‘ program to expand the manufacturing sector in the country.

Such initiatives to increase the production of petrochemicals, processed food & beverage, chemicals, and others will boost the market. In response to this, the end suction pump market is estimated to register 3.5% year-on-year growth in 2021.

Based on application, the industrial segment is projected to hold the lion’s share in the market, accounting for more than 75% of the sales in 2021. Growing demand for end suction pumps for application in the oil & gas, power generation, water treatment, and mining sector is facilitating the growth in the segment.

“Rising offshore and onshore oil gas exploration activities and rising emphasis on the development of wastewater infrastructure across the U.S., China, and India is expected to drive the growth in the market,” says an FMI analyst.

Key Takeaways from Painting Robots Market Study

  • The U.S. is anticipated to emerge as the most remunerative market in North America, creating an incremental opportunity of US$ 992.4 Mn through 2031.
  • China is projected to register the fastest growth in East Asia, expanding at a CAGR of 5.1% over the forecast period.
  • Germany is forecast to dominate the market in Europe, accounting for more than 20% of the demand share over the next ten years.
  • Based on product type, close-coupled pumps are estimated to remain highly sought-after pumps in the market, accounting for nearly 80% of the sales in 2021.
  • In terms of flow rate, the up to 100 GPM pumps segment is expected to hold the highest share, with sales totaling US$ 1.6 Bn by 2031.

Key Drivers

  • Increasing adoption of end suction pumps for concrete, oil, gas, water, and slurry transfer purposes in the construction, water treatment, and oil & gas industries is increasing the sales across the industrial segment.
  • Growing emphasis on enhancing irrigation facilities for increasing yield across the agricultural sector in developing economies such as India and China is expected to propel the demand.

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Key Restraints

  • The high cost of end-suction pumps compared to conventional ones is a primary factor hindering the sales in the market.

Increasing customer inclination towards the use of renewable eco-friendly fuels is slumping the oil & gas sector, which in turn might hamper the growth in the market.

Competitive Landscape

Leading companies operating in the global market are Grundfos, Sulzer Ltd, Xylem Inc., KSB AG, Flowserve Corporation, Ebara Corporation, Kubota Corporation, and others. As per Future Market Insights, the top 10 players are estimated to account for more than 15% of the market share in 2021.

Key players are focusing on launching new products to expand their product portfolio. Some of the companies are aiming for strategic collaborations and partnerships with other manufacturers, local dealers, and service providers to strengthen their global footprint. For instance,

  • In August 2021, Roto Pumps, a leading manufacturers & suppliers’ industrial pumps announced entering into membership with the British Pump Manufacturer Association (BPMA). The strategy will assist the company to strengthen its footprint and expand its market share in the European pump industry.
  • In 2018, Sulzer, a Swiss industrial engineering and manufacturing firm, announced expanding its portfolio by introducing a new centrifugal pump with the end-suction single-stage design to meet the process requirements in a variety of industrial applications.

Some of the key players operating in the market profiled by FMI are:

  • Grundfos
  • Sulzer Ltd.
  • Xylem Inc.
  • KSB AG
  • Flowserve Corporation
  • Ebara Corporation
  • Kubota Corporation
  • Ruhrpumpen Group
  • Kirloskar Brothers Ltd.
  • WILO SE
  • DEMI A/S
  • Pentair
  • Torishima Pump Manufacturing Co., Ltd

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More Valuable Insights on End Suction Pump Market

A detailed study by FMI provides an unbiased analysis of vital factors favoring the growth in the global end suction pump market through 2021 and beyond. The survey offers refined sales projections in the end-suction pump market with detailed segmentation:

By Type:

  • Close Coupled Pump
  • Separately Coupled Pump

By Flow Rate:

  • Upto 100 GPM
  • 100 to 300 GPM
  • 300 to 500 GPM
  • 500 to 1,300 GPM
  • 1,500 to 5,000 GPM
  • Above 5,000 GPM

By Application:

  • Commercial
    • Hotels
    • Swimming Pool
    • Retail Space
    • Office & Institution
  • Industrial
    • Food & Beverages
    • Chemicals
    • Mining & Metals
    • Power Generation
    • General Manufacturing

By Region:

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

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Key Questions Covered in the Report

  • The report offers insight into the end suction pump market demand outlook for the forecast period 2021-2031
  • The market study also highlights projected sales growth for the end-suction pump market between 2021 and 2031
  • End suction pump market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
  • End suction pump market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

Explore FMI’s Extensive Coverage on Industrial Automation Domain

Painting Robots Market: The painting Robots Market will grow by 10.1% CAGR Driven by Increasing Applications in Consumer Appliances, Aerospace, and Heavy Engineering Industries.

Substation Automation Market: Substation Automation Market Will Grow by 6% CAGR as Demand for power transmission & Smart Grid Development Increases Worldwide

Agricultural Equipment Market: Sales of Agriculture Equipment to Surpass 6.7 Mn Units through 2031, Amid Increasing Governmental Support

Land Survey Equipment Market worth is expected to reach US$ 12.8 Bn by 2031 : FMI

[250+ Pages Report]  The land survey equipment market is expected to register year-on-year growth at 6.7% in 2021, with the overall valuation forecast to reach US$ 6.0 Bn. As per a Future Market Insights (FMI) analysis, sales of land survey equipment is expected to increase at 7.8% CAGR between 2021 and 2031.

According to the study, the overall land survey equipment market worth is expected to reach US$ 12.8 Bn by 2031. Level survey equipment systems are expected to remain dominant among products available. Meanwhile, the demand for global navigation satellite system (GNSS) land survey equipment will increase by 6.7% CAGR in 2021.

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Technological advances and the consequently improving precision levels of land survey equipment continue to significantly uphold the market growth. In addition, incorporation of enhanced safety features into newly innovated models of land survey equipment are likely to particularly benefit sales soon.

Based on product-wise analysis of the land survey equipment market, GNSS systems, total stations, and UAV are the equipment, hold substantial value shares in the global market. By the end of 2029, a similar trend is expected to prevail in the market with prominent applications for aforementioned products in diverse end-use sectors.

While a majority of demand for land survey equipment is accounted by the flourishing building and construction industry, the report opines that the contribution from the oil & gas and mining industries is highly likely to witness a steep rise in coming years. The study also highlights that agricultural land surveys will remain an important contributor to the global demand for land survey equipment, particularly across developing regions.

Flourishing Growth Prospects in Asian Markets

FMI’s market analysis based on industry verticals reveals that the construction industry will account for a leading share in terms of demand for land survey equipment, at a global level. The mining industry is expected to hold a trivial share in the market in countries, such as Russia, China, and Australia, which register a sizable share in global mining production. Also, the oil & gas industry will see an upsurge in East Asia, and downstream production in the Middle Eastern region.

While East Asia is expected to account for a decent share, it also has also been listed as a region with prominent prospects for the future growth of the market. Heavy upstream oil and gas production and increased mining exploration in the region are expected to provide a robust sales perspective for the market.

The South Asia region is likely to have substantial growth on the back of heavy construction commencements in the market of India and Malaysia. The growth in aforementioned countries will be in the public as well as private construction segments.

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Land Survey Equipment Market: Vendor Insights

Key market players operating in the global land survey equipment market are Trimble Inc, Topcon Positioning Group, Robert Bosch, Hexagon, South Surveying & Mapping Instrument Co., Ltd., Stonex Srl, Nikon, Shanghai Huace Navigation Technology Ltd., Survey Copter, PASI Srl, Geotrax International Products, KSA Land Surveyors Company, Dahle, and several others.

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.

LAND SURVEY EQUIPMENT MARKET TAXONOMY

Product Type

  • GNSS
  • Theodolite
  • Level Equipment
    • Total Station
  • Laser Scanning
  • UAV
  • GIS Asset Collection
  • Data Collectors

By Application

  • Inspection
  • Monitoring
  • Volumetric Calculation
  • Layout Points

End Use

  • Oil & Gas
  • Construction
    • By Government
    • By Non-Government
  • Mining
  • Agriculture

Region

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

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Lightning Protection Systems Is Expected To Boost The Global Market In The Forecast Period. : FMI

Lightning protection system (LPS) is installed to provide a safe path for lightning energy from a lightning strike to reach earth and protect the structure or building from high voltage currents from the lighting strike. Today, lightning protection systems are in use on towers, space shuttle launch pad, factories and buildings. Lightning Protection System or LPS mainly consists of four parts, which are surge suppressors, copper air terminals, copper clad ground rods and copper cable. The cable and air terminals used are commonly made of copper, but aluminium can also be used for its manufacture.

The cable and the ground rod are the most important parts of the lighting protection system as they allow the current to pass to the ground. Without a designated path, lightning may conduct through conductors installed in the building, which include cables, phone lines, gas pipes, phone, electric lines or water pipes to reach the ground. This is hazardous to the building as well as living beings.

There are mainly three types of lightning protection systems, namely lightning rod, lightning rod with the taut wire system and the lighting conductor with mashed cage system. The lightning rod type is a simple rod lightning protection system. In the lightning rod with taut wire system, wires are stretched above the building or structure, which is to be protected. This type of arrangement is used in special structures or a series of structures such as protection of high voltage overhead lines, military applications and space stations. The lighting conductor with the meshed cage includes many conductors fitted symmetrically all around the building. Its arrangement is done in the case of a highly exposed structures with the sensitive and conductive installation such as computer labs.

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Lightning Protection Systems Market: Dynamics

Increasing construction of high rise structures with highly advanced electrical systems is driving the market of lightning protection system. Without the lighting protection systems, these structures are vulnerable to lightning due to the presence of conductors. Also, increasing industrialization, urbanization and stringent safety regulations mandate for public service facilities also contribute towards the growth of lightning protection systems market. Furthermore, development in the field of telecommunication resulting in the formation of large number of telecommunication infrastructures, which need protection from lightning, is expected to boost the global market of lightning protection systems in the forecast period.

Lightning Protection Systems Market: Regional Outlook

North America holds a significant share in the global lightning protection systems market in terms of revenue. The lightning protection systems market in Asia-Pacific is expected to grow at a substantial rate over the forecast period. Growth in Asia-Pacific lightning protection systems market is mainly due to the rapid growth in the urbanization and the subsequent rising adoption of voltage sensitive home automation technologies, stringent building safety regulations and development of telecommunication infrastructure. Rest of the world market is estimated to account for a relatively small share of the global lightning protection systems market.

Lightning Protection Systems Market: Market Participants

Some of the examples of the market participants in the global Lightning Protection Systems Market, identified across the value chain are:

  • ABB
  • A.N. Wallis & Co Ltd
  • Pentair Erico
  • Kumwell
  • Axis Electrical Components
  • Alltic corporation
  • Fatech Electronic CO., LTD.
  • Lightning Protection International PTY LTD
  • Gersan Elektrik Tic. ve San. A.?
  • Eaton Corporation
  • Independent Protection Company
  • Lightning Master Corporation
  • TSTLP
  • Raycap
  • Streamer Inc.

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

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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

The 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
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Lightning Protection Systems Market: Segmentation

Segmentation of global lightning protection systems market can be doneon the basis of type as follows:

  • Lightning rod systems
  • Lightning  rod with taut wire systems
  • Lighting conductor with meshed cage systems

Segmentation of global lightning protection systems market can be doneon the basis of end use industry as follows:

  • Construction industry
  • Military
  • Space and research
  • Aviation industry
  • Telecommunication industries
  • Others

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Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth Polishing / Lapping Film 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.

Stepper Motors Market Is Expected To Boost The Demand For Stepper Motors During The Forecast Period.

The digital version of an electric motor is known as a stepper motor. In stepper motors, the movement of the rotor takes place in discrete steps as per commands, as opposed to continuous rotation such as in the case of conventional motors. Stepper motors play an important role in industrial motor applications, owing to their accurate response to the applied electrical pulses and ease in operation. In terms of technology, permanent magnet stepper motors are preferred for high power applications, such as for industrial drive and navy propulsion applications. The preference for high power application is mainly due to the introduction of variable flux permanent magnet stepper motors with higher accuracy and control.

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On the other hand, hybrid stepper motors are anticipated to witness healthy growth in the medical equipment industry. Hybrid stepper motors are primarily used in medical equipment, such as surgical hand tools, medical pumps and ventilation equipment. Therefore, with advancement in stepper motor technology, the size of stepper motors has also decreased, mainly due to the growing penetration of miniature stepper motors in the electronics industry. This reduction in size is an important parameter responsible for the surge in demand. Additionally, the growing demand for waterproof stepper motors is expected to boost the demand for stepper motors during the forecast period.

Rising demand from Packaging and Labelling Industry

The demand from the packaging and labeling industry for automation solutions has witnessed significant growth in the recent years. Modern stepper motors integrated with packaging machineries are more efficient, productive and reliable at a lower cost, which is an emerging trend witnessed in the stepper motor market.

Introduction of Waterproof Stepper Motors

Growing technological innovations and developments have led to the introduction of waterproof stepper motors. These waterproof stepper motors facilitate corrosion-free operation and are therefore, highly preferred in the food and beverage packaging industry, which is another trend observed in the global stepper motors market.

Global Stepper Motors Market: Regional Outlook

Asia Pacific is anticipated to dominate the global stepper market throughout the forecast period, owing to the presence of developing economies, such as China, in this region. China is also estimated to witness overproduction of stepper motors, owing to the sluggish demand in the market. North America is expected to register significant growth of the market in the forecast period. On the other hand, slower economic growth in the European market is going to hamper the demand for stepper motors in this region. Additionally, weak growth of the semiconductor market in japan is also pegged to affect the stepper motors market in the country.

Global Stepper Motors Market: Market Participants

Some of the manufacturers engaged in the manufacturing of stepper motors are Nippon Pulse Motor Co. Ltd., ABB Ltd., Schneider Electric SE., Delta Electronics Inc., Faulhaber Group, Sanyo Denki Co. Ltd., Applied Motion Products Inc., Nidec Corporation, National Instruments Corporation, Oriental Motor Co. Ltd., and Lin Engineering LLC.

Global Stepper Motors Market Opportunities

Technological developments and strong R&D have increased the accuracy of stepper motors. Attributing to this, the penetration of stepper motors in the applications of servo motors has increased. Additionally, reduction in heat and noise generation under high speed applications in industrial automation is creating lucrative opportunities for the manufacturers of stepper motors.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, product type and end uses of the product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

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Global Stepper Motors Market: Segmentation

Stepper motors are electromechanical devices that convert electrical pulses into distinct mechanical movements. These motors are brushless direct current electric motors that divide the full rotation operation in a discrete number of equal steps. The market for stepper motors can be segmented on the basis of type, end user, technology and region.

On the basis of type, the global stepper market can be segmented as:

  • Rotary Stepper Motors
  • Fully-Enclosed Stepper Drives
  • Integrated Lead Screw Stepper Motors

On the basis of technology, the global stepper market can be segmented as:

  • Permanent Magnet Stepper Motor
  • Hybrid Stepper Motor
  • Variable Reluctance Stepper Motor

On the basis of end user, the global stepper market can be segmented as:

  • Semiconductor
  • Packaging & Labeling
  • Medical Equipment
  • Industrial Machineries
  • Others

On the basis of region, global stepper market can be segmented as:

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

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Key Data Points Covered in the Report

Some of the key data points covered in our report include:

  • An overview of the stepper motor market, including background and evolution
  • Macroeconomic factors affecting the stepper motor market and its potential
  • Market dynamics, such as drivers, challenges and trends
  • Detailed value chain analysis of the stepper motor market
  • Cost structure of the products and segments covered in the global stepper motor market
  • In-depth pricing analysis, by key product segments, regions and by major stepper motor market participants
  • Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario in the global stepper motor market
  • Analysis of the global stepper motor market structure, including a tier-wise categorization of key stepper motor market participants
  • Competitive landscape of the market, including detailed profiles of top players in the stepper motor market

Briquetting Press Market: Regional Outlook and Dynamics Global Industry Analysis for 2018 – 2028 : FMI

Briquetting press is a machine that uses massive pressure to squeeze feeding material into sticks or square blocks. It is also called a briquette machine or briquette maker. A briquetting press is utilized around the globe for its irreplaceable advantages such as better waste management, cost-effectiveness, metal chip recycling, and better handling of residual materials.

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A briquetting press is generally of three types- mechanical, screw, and hydraulic. A mechanical briquetting press is used more often in industries due to its higher performance, stability, and lower maintenance. It is used to create briquettes of different shapes and sizes using a stamping operation. Screw briquetting press creates molds of briquettes with the help of a screw rod and a sleeve. This type of briquetting press is less expansive and easy to operate. A hydraulic briquetting press uses hydraulic force to form briquettes. It is used when a limited number of briquettes are required with high quality.

Furthermore, different types of materials are used as feeding materials in briquetting presses such as metals, wood, paper, plastics, biomass, etc. Briquettes of different materials have different applications and are used for residential, commercial, and industrial purposes.

Briquetting Press Market: Dynamics

A briquetting press is used to form briquettes from different types of materials. These are directly used in the boilers of sugar mills, paper mills, dyeing houses, leather and oil extraction plants, etc. They can also be used in furnaces & foundries for heating & melting metal, brick kilns, as well as for residential & commercial heating purposes. Biomass briquettes are an eco-friendly and renewable power source and are used as a fuel for many industrial purposes. The rising demand for briquettes from different end-use industries and sectors is projected to push the growth of the briquetting press market over the forecast period.

Additionally, government regulations and support for the use of renewable energy sources and the advantages of biomass briquettes over other fuels are increasing the demand for biomass briquettes in various end-use industries. This factor is expected to significantly drive the biomass briquetting press market.

However, low maintenance and long life span of briquetting press lead to a low substitution rate. Additionally, hydraulic and screw briquetting presses require high maintenance and initial investment to set up a briquetting plant. This factor is anticipated to hamper the growth of the briquetting press market over the forecast period.

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Briquetting Press Market: Regional Outlook

The Asia Pacific region is projected to be a prominent region in the briquetting press market owing to the increasing demand from manufacturing industries for metal briquetting presses and biomass briquettes. Countries such as China, India, and Japan are expected to have significant growth in the briquetting press market due to government initiatives for the use of renewable energy sources in the region. The increasing government regulations related to waste management and renewable energy sources such as biomass briquettes, in Europe, are projected to create demand for new briquetting presses in the region over the forecast period.

North America is expected to have significant growth in the briquetting press market owing to the growing production and consumption of biomass briquettes and the increasing demand for metal briquetting presses in different manufacturing and metal processing industries. The Middle East & Africa and Latin America regions are anticipated to have promising growth in the briquetting press market over the forecast period.

Briquetting Press Market: Market Participants

Some of the market participants in the global briquetting press market are:

  • WEIMA Maschinenbau GmbH
  • Metso Corporation
  • Ruf GmbH & Co. KG
  • Advance Hydra-Tech Pvt. Ltd.
  • MA.FER MACCHINE Srl
  • F. Nielsen
  • PRODECO S.r.l.
  • IMABE Iberica, S.A.
  • Jay Khodiyar Group
  • Ronak Agrotech Engineering Pvt. Ltd.
  • Radhe Industrial Corporation
  • SMS group GmbH
  • LEHRA FUEL TECH PVT LTD
  • Fote Heavy Machinery Co., Ltd.

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, applications, and industry.

The report covers exhaustive analysis on:

  • Briquetting Press Market Segments
  • Briquetting Press Market Dynamics
  • Briquetting Press Market Size
  • Briquetting Press Supply & Demand
  • Briquetting Press Current Trends/Issues/Challenges
  • Briquetting Press Competition & Companies involved
  • Briquetting Press Technology
  • Briquetting Press 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
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Briquetting Press Market: Segmentation

The briquetting press market can be segmented into product type, mode of operation, power supply, feeding material, end-use, and region.

Based on product type, the global briquetting press market is segmented into:

  • Mechanical Briquetting Press
  • Screw Briquetting Press
  • Hydraulic Briquetting Press

Based on mode of operation, the global briquetting press market is segmented into:

  • Automatic
  • Semi-automatic
  • Manual

Based on power source, the global briquetting press market is segmented into:

  • Electric
  • Fuel

Based on feeding materials, the global briquetting press market is segmented into:

  • Metals
  • Wood
  • Biomass
  • Plastics
  • Paper

Based on end-users, the global briquetting press market is segmented into:

  • Residential
  • Commercial
  • Industrial

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Report Highlights:

  • Detailed overview of the 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

Lathe Machines Market: Global Industry Analysis and Opportunity Assessment 2017-2027 : FMI

Future Market Insights (FMI)’s upcoming research study on the global Lathe Machines market lays bare undercurrents and opportunities for key market stakeholders. The report provides in-depth insights on the Lathe Machines 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 Lathe Machines market report will help existing 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 Lathe Machines market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the Lathe Machines market have put their production on a halt. Additionally, 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 Lathe Machines 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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Lathe Machines Market: Segmentation

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

Geographies, Types

Lathe Machines Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the Lathe Machines 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 Lathe Machines market report.

Key players covered in the report include:

Dalian Machine Tool Group Corporation, DMG Mori Co., JTEJT Corporation, Yamazaki Mazak Corporation,

Crucial Questions Answered in the Report

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

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Lathe Machines Market 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

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 Lathe Machines market

Solar Panel Mounting Structures Market Impacted by COVID-19, Market to Remain Dormant in Near Term, Projects FMI 2017 -2027

Solar panel mounting structures are used to mount solar panels on the surfaces safely and protect the solar panel from the damage. Solar panel mounting structures are placed in such a way that, solar panel may get maximum inclination angle on the solar panel surface to absorb maximum amount of energy from the sun. In general a usual solar panel mounting structure comes with aluminum material.

Solar panel mounting structure plays important role in the efficient working of solar system in rooftop as well as utility segment. They can be made for ground mounting, rooftops, sun tracker solutions and carports and others. In recent years, the technological advancement has led to better and faster installation, high durability, and reduced cost of the solar mounting structure.

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Also perfect choice of the solar mounting structure for the project is very essential to get high production, efficiency and increased lifetime of the solar panels. Solar panel mounting structure must be fitted tightly, secured on the surface with high stability against the impacts such as snow, rain, hail, and wind.

They can be mounted on roof, poles or ground. Solar panel mounting structures are manufactured by the combination of fiber reinforcement with resin matrix. They are formed with help of continuous process manufacturing the mounting structures with high resilience and strength. There are different structural profiles of solar mounting structures such as I-Beam, U channel, Angle, Rod, & Hand Rail.

In roof top solar mounting structure wind loads are very less compared to an elevated solar panel mounting structure. With roof type solar mounting structure, wind shield can be provided which enables to withstand loads more than 180 kmph.

Modular solar panel mounting structures can be installed by using only nuts and bolts. Ground solar panel mounting structures are commonly manufactured by using easy manufacturing process. Fiberglass material used for ground solar panel mounting structure provides high strength to weight ratio with maximum durability and strength.

Solar panel mounting structures: Market Drivers and Challenges

Rapidly increasing demand for solar panels market is correspondingly boosting the global solar panel mounting structure market. With increasing awareness on climate change and global warming there are significant developments in renewable energy production.

Solar power generation is a low polluting power generation segment with minimal carbon emission compared to the conventional energy sources such as petroleum, oil and coal. This factors are creating growth avenues for the global solar panel mounting structure market.

The Initiatives to provide 100% energy through renewable energy by various countries across the globe are anticipate to create surge in demand for solar panel mounting structures.With the evaluation of solar industries, key players of solar panel mounting structure are focused on design and development of products to increase the optimized production and reduce the initial cost of the product.

Collaboration and merger activities has become the central strategy for the manufacturers to attain improved channel reach and corresponding growth in the global market shares. Offering customized mounting structures is an elementary strategy followed by the manufacturers to fulfil the customer requirements as per specific application.

Impact of COVID-19 on Solar panel mounting structures market

Global solar panel mounting structure market has witnessed significant downfall in 1st and 2nd quarter of 2020 due to global Covid-19 pandemic. To control covid-19 spread, lockdowns had been implemented by governments across the world.

However, as unlock activities started across some countries then industries started production with safety measures. During Covid-19, transport regulations has impacted the businesses across the globe. This impact expected to put a significant dent in the growth rate of the global solar panel mounting structure.

Recent rollout of vaccines in some countries around the globe is expected to get over on spread of covid-19 pandemic. With economic activities resuming across the globe, solar panel mounting structure market is estimated to witness sharp recovery.

Solar panel mounting structures: Regional Market Outlook

Europe and North America are expected to dominate the global solar panel mounting structure market in the forecast period, owing for shifting towards renewable energy at a primary level. Asia Pacific is expected to higher growth to other regions over the forecast period. The growth is attributed to the significant investments for renewable energy generation by the governments in the countries from the region such as China, India, etc.

Further, Stringent environment regulation in Europe region and implementation of Renewable Energy Investment Tax Credit (REITC) in North America region, anticipate a substantial growth in the global solar panel mounting structure market.

Middle East & Africa and Latin America region are expected to grow with slow pace in the global solar panel mounting structure market. According to, Middle East Solar Industry Association (MESIA) rapid increase in energy investment in countries such as Saudi Arabia, Jordan, Egypt and the United Arab Emirates is expected to boost the Middle East & Africa solar panel mounting structure market during the forecast period.

Solar panel mounting structures Market: Which trend / segment to impact more

High speed steel material is expected to hold significant share in the global solar panel mounting structures market due to predominant sophisticated features over other material types. Roof mounted structures with advantage of space saving is expected to grow at highest growth rate and expected to propel the growth of solar panel mounting structures market.

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Solar panel mounting structures Market: Analyst perspective 

“Increasing prominence of solar power generation in residential, commercial and industrial sectors is expected to drive the solar panel mounting structures market. For start-up or new entry manufacturer’s solar panel mounting structure market is favorable to start with less risk. This cumulative benefits are creating new avenues for solar panel mounting structures market growth over the forecast period”

Solar panel mounting structures: Key Market Players

Major market participants in the global Solar panel mounting structures market identified across the value chain include:

  • Xiamen Fasten Solar Technology Co.,Ltd
  • Professional Solar Products
  • Ratan engineering Company
  • Hollaender Mfg. Co.
  • Mahindra Susten
  • Kern Solar Structures
  • Schletter Inc.
  • Esso Fab Tech Pvt Ltd
  • Mounting Solar-Kit Private Limited
  • Satec Envir Engineering Pvt. Ltd.
  • PROINSO
  • Nespro Renewable Energy Solutions

The Solar panel mounting structures research report presents a comprehensive assessment of the Solar panel mounting structures 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 Solar panel mounting structures research report provides analysis and information according to market segments, such as geographies, application, and industry.

The Solar panel mounting structures report covers exhaustive analysis on

  • Solar panel mounting structures Market Segments
  • Solar panel mounting structures Market Dynamics
  • Solar panel mounting structures Market Size
  • Solar panel mounting structures Supply & Demand
  • Current Trends/Issues/Challenges in the Solar panel mounting structures market
  • Competition & Companies involved in the Solar panel mounting structures market
  • Solar panel mounting structures Technology
  • Value Chain of market

Solar panel mounting structures regional analysis includes

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

The Solar panel mounting structures global 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 Solar panel mounting structures 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.

Solar panel mounting structures Report Highlights

  • Detailed overview of parent market of the market
  • Changing the market dynamics in the industry
  • In-depth Solar panel mounting structures market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in Solar panel mounting structures
  • Solar panel mounting structures market 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
Solar panel mounting structures: Market Segmentation

Product Type:

  • Roof Mounted Structure
    • Railed mounting
    • Rail-less mounting
    • Others
  • Ground Mounted Structure
    • Foundation mount
    • Ballasted footing mount
    • Others
  • Top-of-pole Mounted Structure
  • Side-of-pole Mounted Structure
  • Tracking System Mounted Structure

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Material:

  • High Speed Steel
  • Cold Formed Steel
  • Aluminum
  • Galvanized Iron
  • Others

Thickness:

  • 0.5 to 2 mm
  • 2 to 3 mm
  • 3 to 6 mm
  • Others

Automotive Homologation Services Market Insights, Deep Analysis of Key Vendor in the Industry 2021-2029

Homologation is a term utilized for approval process of vehicle or vehicle components for meeting the certain standards of regulatory bodies. Automotive Homologation Services is a part of automotive TIC (Testing, Inspection & Certification) which is essential for the specified vehicle or component to enter into novel market. Automotive homologation Services starts with initial assessment of the product which followed by various tests according to directives and standards along with preparation of technical reports in order to acquire final approval from the regulatory body. Increasing export activities by market participants such as OEM and suppliers into automotive homologation driven markets is the key growth factor for automotive homologation services market. European Automotive Homologation services market is estimated to hold prominent market share owing to stringent European homologation standards.

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Automotive Homologation Services Market: Drivers, Restraints and Opportunities

In the era of globalization, increasing industrial activities supports the anticipative foreign trade activities. Automotive homologation services are giving opportunity to exporters to entering into new markets to gain competitive advantage. Increasing foreign trade is anticipated to support the growth of automotive homologation services in the upcoming decade. Automotive and automotive component production is witnessing positive outlook backed by growing transportation need for human as well as goods. Positive momentum in the automotive & related component production are estimated to bolster the demand for automotive homologation services.

Automotive Homologation Services Market: Regional Outlook

The growing stringent automotive homologation regulations in Europe is anticipated to hold the leading market share in Automotive Homologation Services market. East Asia is expected to register lucrative growth marcher followed by the South Asia in the Automotive Homologation Services market owing to growing automotive production and export activities in the respective region. In East Asia, China followed by India and Indonesia are the notable emerge in Automotive Homologation Services market owing to the fact of increasing foreign trade activities in the region.

Automotive Homologation Services Market: Key Participants

Some of the key player involved in Automotive Homologation Services market are focusing on developing the services as per latest amendment of the regulation in order to create its dominance in the Automotive Homologation Services market. Some of the key participants identified in the global Automotive Homologation Services market are:

  • TÜV SÜD Group
  • Intertek Group PLC
  • EKRA SE
  • Applus Services S. A.
  • SGS Group
  • Bureau Veritas S.A.
  • Eurofins Scientific
  • Lloyd’s Register Group Limited
  • MISTRAS Group, Inc.
  • Formel D

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The Automotive Homologation Services report covers exhaustive analysis on:

  • Automotive Homologation Services Market Segments
  • Automotive Homologation Services Market Dynamics
  • Automotive Homologation Services Market Size
  • Supply & Demand of Automotive Homologation Services
  • Current Trends/Issues/Challenges in Automotive Homologation Services Market
  • Automotive Homologation Services Competition & Companies involved
  • Automotive Homologation Services Technology
  • Automotive Homologation Services Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
Automotive Homologation Services Market: Segmentation

The global Automotive Homologation Services market can be segmented on the basis of Sourcing Type, Vehicle Type, and Region.

On the basis of Sourcing Type, global Automotive Homologation Services market can be segmented as:

  • In House Services
  • Outsourced Services

On the basis of Vehicle Type, global Automotive Homologation Services market can be segmented as:

  • Motorcycle
  • Passenger Vehicles
  • Commercial Vehicles
    • Light Commercial Vehicles
    • Heavy Commercial Vehicles
  • Trailers
  • Agricultural Equipment

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

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