Marine Hatch Covers Market Size: and CAGR forecasts for the period 2017 – 2027

The Global Marine Hatch Cover Market report provides information by Key Players, Geography, End users, Applications, Competitor analysis, Sales, Revenue, Price, Gross Margin, Market Share, Import-Export, Trends and Forecast. Hatch covers are used to cover and prevent the interior fabrics and wood from fading and damaging from sun rays and reduces interior cabin temperature as well. The interior temperature in the cabin makes the interior plastic-like material brittle over time. Also, it prevents heating of cabin and helps the air-condition system run more efficiently.

The marine hatch covers and protects the cargo and cargo spaces by making it watertight. Closing off the hatch opening to prevent the entrance of water into the cargo, protects the goods from being damaged and dumped and further can also be compared to the lid on a box. Hatch covers also act as a barrier for the entrance of green water loads in extreme weather condition to prevent ship’s internal structure from damage due to corrosion.

The types of hatch covers mainly used on the ships on the basis of requirements are lifting type, folding type, rolling type, roll stowing type, sliding type. Where lift away type and lifting type hatch covers are mainly used in container ships.

In general, in cargo ships folding type hatch covers are mainly used. Rolling type marine hatch covers are further subdivided into piggy back & telescopic, side rolling and end rolling type and are mainly used in bulk carriers.

Marine Hatch Covers Market: Dynamics

Increasing international trade in this era of globalization is expected to boost the shipping industry giving a positive growth to the marine hatch cover market in the forecast period. The growth in the shipbuilding industry across the globe will also contribute towards the growth of the marine hatch cover market. The marine hatch cover market is also aided by the growth of fishing industry and marine tourism, wherein large fishing boats and cruise ships are made for this purpose.

However, the shipbuilding and shipping industry is highly depended on the international economy and the downward shift in the economy may restrain the market of marine hatch cover over the forecast period. Also, the regulations related to the concentration of emission of harmful gases which are emitted by the marine vessel such as CO2, SOx, NOx in various countries may hamper the growth of shipbuilding industry restraining the market of marine hatch covers over the forecast period.

Marine Hatch Covers Market: Regional Outlook

In terms of consumption of marine hatch covers, Asia Pacific is expected to have extensive growth over the forecast period owing to high investment in the shipbuilding industry. In terms of production of marine hatch covers, North America and Europe are expected to dominate the global marine hatch covers market owing to established infrastructure and technical expertise related to the shipbuilding industry. Rest of the world market is estimated to account for a relatively small share of the marine hatch covers market.

Marine Hatch Covers Market: Market Participants

Examples of some of the market participants in the global marine hatch covers market, identified across the value chain are:

  • Cargotec Corporation
  • IKNOW MACHINERY CO., LTD.
  • Baier Hatch Company, Inc.
  • COOPS & NIEBORG BV
  • Chongqing Guanheng Technology Development Co.
  • Macor Marine Solutions GmbH und Co. KG
  • TTS Group ASA

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

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.

Marine Hatch Covers Market: Segmentation

The global marine hatch covers market can be segmented on the basis of type of vessel:

  • Service Vessels
  • Passenger Vessels
  • Cruise Ships
  • Ferries
  • Cargo Carriers
  • Tankers
  • Container Ships
  • Bulk Carriers
  • Other Cargo Ships
  • Fishing Vessels
  • Personal Watercraft & Sailboats
  • Others

The global marine hatch covers market can be segmented on the basis of type:

  • Sliding type
  • Rolling type
  • Roll stowing type
  • Lifting type
  • Folding type

The global marine hatch covers market can be segmented on the basis of material used:

  • Aluminium Hatches
  • Steel Hatches
  • Others

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

Global Lightning Protection Systems Market Assessment and Key Insights Analyzed Till 2027

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.

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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.

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.

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.

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By Market Segmentation

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

  • Lightning rod systems
  • Lightning  rod withtaut 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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By 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.

Industrial Weighing Equipment Market: Region-wise Analysis For 2020 – 2030

Weighing equipment are the instruments used to measure the weight of a product. Industrial weighing equipment is used to measure the weight of various products such as instruments, chemicals and machines in industries. Industrial weighing equipment is present everywhere in the industry from the initial stage that is raw materials stage to the final stage, distribution of finished products, and its applications across a wide range of industries will continue to uphold demand for the product, ultimately boosting the growth of the global market for industrial weighing equipment.

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Increasing Investments in Manufacturing Infrastructures Create New Opportunities

Most operations in today’s manufacturing industry majorly revolve around various quality parameters such as measurements, weighing accuracy, process optimization, and ensured safety. Industrial weighing equipment make an integral part of most of the activities performed in any manufacturing business, as these parameters can be maintained at a desired level through an efficient weighing machinery.

Achieving highest levels of accuracy in weighing as well as batching and measurements is an important concern for manufacturing companies, and it can be fulfilled by versatile weighing equipment. Taking this into consideration, leading manufacturers in the industrial weighing equipment market are introducing innovative products that offer weighing as well as batching features to suit the manufacturing industry’s recruitment. Furthermore, the manufacturing industry is expected to witness positive growth in the coming years, which will further trigger market players to target the industry as a top end user, and tap lucrative sales opportunities in the coming future.

Automated Weighing Scales remain Most Sought-after among End-use Industries

Advancements in next-gen technologies have been triggering paradigm shifts in the integral designs of industrial weighing equipment since years, and the trend is likely to persist in the coming future. Leading manufacturers are continually introducing innovative features by integrating advanced weighing technologies such as process weighing technology, and other popular technologies such as the Internet of Things (IoT) and Artificial Intelligence, to make today’s industrial weighing equipment smarter.

Furthermore, with the rise of the industrial automation trends, introducing automation in weighing equipment is no longer just an advantage but it has become a need today. Leading manufacturers are utilizing advanced technologies to automate industrial weighing equipment, ultimately to reduce time, space for error; improve efficiency and productivity of the weighing activities carried out on the industrial level; while ensuring a smooth workflow with other equipment. With automated weighing equipment, industrial end users can significantly reduce downtimes and promote factory floor productivity, mainly to boost production rate and revenue growth.

Manufacturers to Create Customized Weighing to Equipment as Response to COVID-19

With the global outbreak of the novel coronavirus, the industrial growth prospects for most segments have changed, and this is incurring a major impact of the growth of the industrial weighing equipment market. Leading manufacturers are expected to modify their business strategies and increase focus on specific industrial demands amidst the global pandemic.

Increasing demand from the pharmaceuticals and chemicals industries are expected to grab the attention of the manufacturers of industrial weighing equipment. Consequently, the products with features that suit the specific weighing needs of these industries are expected to remain high in demand. Nevertheless, precision, accuracy, and automation will continue to remain the most important features of industrial weighing equipment. Thereby, leading players are likely to concentrate their investments on offering customized features of their industrial weighing equipment to maintain sales and revenues during the economically testing times.

Industrial Weighing Equipment Market: Region-wise Analysis

Industrial weighing equipment market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa. Asia Pacific is anticipated to be the fastest growing industrial weighing equipment market with a CAGR expected to be around 6% in the coming years. In the region, the demand is mainly triggered by increasing applications of weighing technologies in many industrial activities, and thereby, industrial growth is among the biggest drivers of growth for the market in Asia Pacific.

Sales are also likely to remain healthy in the North American region, as manufacturers are introducing next-generation and technologically advanced ranges of their products under the category of industrial weighing equipment. Tightening quality standards and safety regulations are triggering the adoption of highly accurate and high precision weighing equipment in the industrial setup across the region, and this will incur the trend of production innovation in the industrial weighing equipment market in the Americas.

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Industrial Weighing Equipment Market: Competitive Landscape

  • Avery Weigh-Tronix
  • RADWAG WagiElektroniczne
  • CI Precision Ltd.
  • A&D Weighing
  • Atrax Group NZ Ltd,
  • Avery Weigh-Tronix.
  • Thompson Scale Company
  • Easiweigh Limited
  • Bilwinco AS
  • D Brash &Sons Ltd
  • Sartorius AG Ohaus Corporation
  • Maguire Products Inc.
  • Mettler Toledo International Inc.

The global market for industrial weighing equipment is highly fragmented as the number of smaller companies entering the market is increasing. Nevertheless, leading manufacturers as well as small industry players are concentrating on offering utmost levels of accuracy through innovative features, and modifying their strategies to sync with the changing business environments.

Nuweigh – an Australian manufacturer of industrial weighing scales – announced in April 2020 that it will introduce an innovative weighing product for a chemical company to assist it in the production of hand sanitizers, amidst the outbreak of COVID-19. Considering the packaging of the bottled hand sanitiser, the company is offering NUWEIGH bench scale along with the JAC318 indicator, which can spot any discrepancies in weights before it is sent for packaging.

In December 2019, the Uganda National Bureau of Standards (UNBS) – a government agency established by an Act of Parliament of Uganda – announced that it has been focusing on improving the efficiency of its weighing equipment and it has achieved it through the digitalisation of its verification and calibration system. The governing body has launched the eMinzani system, which is an online platform of helping manufacturers verify as well as calibrate all their measuring and industrial weighing equipment.

Region-wise Analysis

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

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.

Industrial Weighing Equipment Market: Segment Analysis

The industrial weighing equipment market can be segmented on the basis of the following:

Product Type

  • Checkweighers
  • Counting Scales
  • Floor Scales
  • Rail Scales
  • Other

End-use Industry

  • Chemicals
  • Manufacturing
  • Mining
  • Food & Beverage
  • Other industries

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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

Stepper Motors Market Assessment and Key Insights Analyzed Till 2028

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.

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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. 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.

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.

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By 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.

By Segmentation:

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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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.

Growth Factors Of The Global Delta Robots Market for 2018 – 2028

A delta robot is a type of parallel robot that comprises three arms connected to universal joints at the base and apexes, allowing all three arms to move freely in relation to one another. This arrangement allows any arm angle from 0° through 180° as each link has two degrees of freedom. Delta robots are a type of parallel robots, having three arms attached to a joint at the base.

These robots are also called spiders owing to their agility and spider-like arms. Delta robots are frequently used in picking and packaging applications in various factories.  They can be used to execute more than 300 picks per minute. Delta robots were initially developed for limited pay load or for packaging applications.

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However, currently, these robots have gained popularity in many end-use industries, such as high speed assembling, food processing, medical & pharmaceutical and many other industries. Delta robots are smaller and quicker when compared to Cartesian robots. Moreover, maintenance of delta robots is less compared to other robots. Increasing adoption of delta robots is leading to increased productivity. That apart, these robots also help in maintaining the required hygiene standards. Hence, these significant features of delta robots will create significant demand for them in near future.

Global Delta Robots Market: Dynamics

Growing automation across all end-use industries to increase efficiency and overall output will drive the global market for delta robots in future. Additionally, demand for high speed with accuracy is also one of the key factors responsible for high demand for delta robots from many end use industries.

Technological innovations and advancements coupled with development of advanced software, sensors and hardware is leading to the development of delta robots which are more intelligent and autonomous in terms of their capabilities. Growing adoption of internet of things has allowed manufacturers to control and monitor the tasks of delta robots with the help of smart devices from remote locations. This, in turn, has increased the speed of operations and decreased the manufacturing cost, which is leading to an overall increase in demand for delta robots.

Global Delta Robots Market: Regional Outlook

The global market for delta robots is expected to witness robust growth in the Asia Pacific region over the coming years. This can mainly be attributed to the growing packaging and assembling sectors of the region. The region is also anticipated to hold dominant share in the global delta robots market. Hence, higher share coupled with robust growth of the region is going to create healthy growth opportunities for the manufacturers of delta robots in future. Moreover, if we talk about developed countries of North America and Europe, higher demand is expected to be witnessed from assembling industries where delta robots are required to increase the efficiency and overall output. Japan is also going to hold a significant share in the global delta robots market, primarily due to higher adaptation of new and automated technologies in the country.

Global Delta Robots Market: Market Participants

Names of some of the manufacturers involved in the manufacturing of delta robots are:

  • ABB
  • Codian Robotics
  • FANUC Europe Corporation S.A
  • Omron Corporation
  • Kawasaki Heavy Industries
  • Penta Robotics
  • Maxon Motor
  • Cama Group
  • Estun Automation Co., Ltd
  • Robert Bosch GmbH

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.

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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.

Global Delta Robots Market: Segmentation

The global market for delta robots can be segmented on the basis of dimensions, end use and region.

On the basis of dimensions, the global delta robots market can be segmented as:

  • 2D Robot
  • 3D Robots
  • 4D Robots
  • 5D Robots
  • 6D Robots

On the basis of end use, the global delta robots market can be segmented as:

  • Food & Beverages Industry
  • Packaging Industry
  • Medical & Pharmaceutical Industry
  • Electrical & Electronic Industry
  • Others

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

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

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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

Agricultural Equipment Market Valuation Is Set To Reach US$ 65 Bn By 2021 End

The agriculture equipment market will expand at a steady CAGR of 4.8% between 2021 and 2031. The market valuation is set to reach US$ 65 Bn by 2021 end. Owing to the increasing adoption of modern farm machinery, agriculture equipment sales are anticipated to reach around 6.7 Mn units by 2031. The Agricultural Equipment Market witnessed a year-on-year (YOY) growth of 3.7% between 2020 and 2021, with top 5 market players collectively accounting for 44% market share in 2021.

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The agriculture industry is under constant pressure to address the food security issue. Farmers across the world are employing various equipment to increase food production. These machines minimize the manual labor and reduce turnaround time.

Growing popularity of precision farming is augmenting the demand for modern agricultural equipment. With the integration of artificial intelligence (AI) and internet of things (IoT), the sales of agriculture equipment are soaring. Smart farming is gaining traction. Introduction of electric agricultural equipment has completely changed the market scenario. These equipment does not only minimize the emissions but also reduce costs and improve efficiency.

New trends of agricultural robotics and driverless machines are attracting large number of farmers to upgrade their equipment systems. As per FMI, the agricultural equipment market will surpass a valuation of US 65 Bn by 2021 end.

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“Technological advancements in agricultural equipment and the availability of farm equipment rentals will offer lucrative growth opportunities for the manufacturers in the future” says the FMI analyst.

Key Takeaways from FMI’s Agricultural Equipment Market Study

  • Europe dominates the ground support equipment market as a result of increasing agricultural mechanization and presence of leading manufacturers. The market in the region is set to register steady growth at 4.4% CAGR between 2021 and 2031.
  • The U.S. is expected to register a strong CAGR during the forecast period as a result of rapid technological advancements and availability of equipment leasing.
  • With implementation of favorable governmental policies, China is anticipated to emerge as the leading market for agricultural equipment.
  • Top 5 players operating in agricultural equipment market collectively account for 44% market share.
  • By product type, tractors dominate the agricultural equipment market with their multipurpose nature.

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In August 2021, Precision Planting, LLC a subsidiary of AGCO Corporation announced an agreement to acquire the business and assets of Headsight, Inc., a leading precision agriculture harvesting solution company. The acquisition will help the company to offer farmers a range of industry-leading precision ag technologies across the crop cycle that will help them to maximize their value and output while minimizing inputs and impact.

In 2021, XAG Co., Ltd. Launched XAG R150, a jet sprayer system to pollinate fruit trees. A specially mixed solution of pollen is poured into the R150’s liquid tank before it is sent on a predetermined route around an orchard to spray pollen.

Competitive Landscape

Key players operating in agricultural equipment market are investing heavily on research and development activities. They are adopting various organic and inorganic growth strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market. For instance,

Tool Holders Market Growth Of 5.2% In 2022 Reaching A Value Of About US$ 1,173.4 Mn By 2022 End

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.

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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 anticipated to witness a considerable value CAGR of 5.4% during the period of 2022 and 2028.

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.

Key Market Insights at a Glance:

  • The demand for tool holders is anticipated 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.
  • 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.

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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.

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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.

Water Intake Screens Market Industry Research, Segmentation, Key Players Analysis and Forecast to 2028

Most industries across the world have been negatively affected over the last 18 months. This can be attributed to significant disruptions experienced by their respective manufacturing and supply chain operations because of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities across the globe. The same applies to the global Water Intake Screens Market. Consumer demand has also subsequently reduced as individuals are now more keen on eliminating non-essential expenses from their respective budgets, as the general economic status of most individuals has been severely affected by this outbreak. These aforementioned elements are expected to burden the revenue trajectory of the global Water Intake Screens Market over the forecast timeline. However, as respective governing authorities lift these enforced lockdowns, the global Water Intake Screens Market is expected to recover accordingly.

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Global Water Intake Screens Market: Dynamics

Growing pollution in different kinds of water bodies, such as ponds, lakes, rivers, seas and oceans, across the globe owing to growing solid waste disposal is one of the driving factors responsible for the healthy growth of water intake screens market. Moreover, safety standards in many industries is also going to create significant demand for water intake screens as the intake of aquatic plants and fishes can cause heavy damage or blockage in plants, thereby leading to heavy losses.

Therefore, to overcome this problem, manufacturers of water intake screens are focusing on the production of new screens that are aquatic life friendly and thus, can decrease the losses that occur due to downtime and in turn, help in increasing the overall efficiency of the plant.

Global Water Intake Screens Market: Regional Outlook

Asia Pacific is projected to be the most prominent market for water intake screens. This can mainly be attributed to the rapid industrialization across the region, mainly in India and China. These countries are the key growth contributors to the water intake screens market in the region. Moreover, increasing water pollution across the region is also going to have a significant impact on the overall demand for water intake screens in this region. North America and Western Europe are also projected to hold a noteworthy share, in terms of demand for water intake screens, in future.

Global Water Intake Screens Market: Market Participants

Some of the manufacturers involved in the manufacturing of water intake screens are:

  • Hendrick Screen Company
  • Evoqua Water Technologies LLC
  • Delta Screen & Filtration, LLC
  • Intake Screens, Inc. (ISI)
  • NAGAOKA INTERNATIONAL CORPORATION
  • Atlas Manufacturing Company, Inc.
  • ELIQUO WATER GROUP
  • Concord Screen
  • Screening Systems International Inc.
  • FEDERAL SCREEN PRODUCTS INC.
  • Ovivo
  • Wedgetech Australia Pty 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, 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

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)

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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.

Global Water Intake Screens Market: Segmentation

The global water intake screens market can be segmented on the basis of type, application, end use and region.

Based on type, the global water intake screens market can be segmented as:

  • Stationary Water Screens
  • T-Intake Screen
  • Half Intake Screen
  • Cylinder Screen
  • Drum Screen
  • Others
  • Mobile Water Screens
  • Thru Flow Intake Screen
  • Dual Flow Intake Screen
  • Centre Flow Intake Screen

Based on application, the global water intake screens market can be segmented as:

  • Municipal
  • Industrial

Based on end use, the global water intake screens market can be segmented as:

  • Water Treatment
  • Oil & Gas
  • Mining
  • Power Generation
  • Food & Beverages
  • Pulp & Paper
  • Others

Based on region, the global water intake screens market can be segmented as:

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

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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

Global Briquetting Press Market Assessment and Key Insights Analyzed Till 2028

Briquetting press is a machine that uses massive pressure to squeeze feeding material into sticks or square blocks. It is also called as 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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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.

Additionally, government regulations and support for the use of renewable energy sources and advantages of biomass briquettes over other fuels is 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 setup a briquetting plant. This factor is anticipated to hamper the growth of the briquetting press market over the forecast period.

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 the 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. Middle East & Africa and Latin America regions are anticipated to have promising growth in the briquetting press market over the forecast period.

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)

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By Segment:

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

On the basis of product type, the global briquetting press market is segmented into:

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

On the basis of mode of operation, the global briquetting press market is segmented into:

  • Automatic
  • Semi-automatic
  • Manual

On the basis of power source, the global briquetting press market is segmented into:

  • Electric
  • Fuel

On the basis of feeding materials, the global briquetting press market is segmented into:

  • Metals
  • Wood
  • Biomass
  • Plastics
  • Paper

On the basis of end use, the global briquetting press market is segmented into:

  • Residential
  • Commercial
  • Industrial

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 furnace & 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 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.

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Market Participants

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

  • WEIMA Maschinenbau GmbH
  • Metso Corporation
  • Ruf GmbH & Co. KG
  • Advance Hydrau-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, application, and industry.

Rotary Indexer Market is expected to grow at a significant rate over the forecast period.

A rotary indexer is a rotatory motion equipment that realises the intermittent movement. Rotary indexers are widely adopted in automated assembly machineries and the selection of proper mechanism is essential for both minimising the cost of the component and maximising performance. Rotary indexers are primarily used for accurate and dependable positioning of medium parts in various machining operations such as drilling, tapping, milling, contouring and spiral milling.

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Rotary indexers offer various features, such as controlled acceleration and deceleration, shaft or flange output, smooth motion, repeatable and accurate positioning, quick setting time and a capacity for high speed and high load. Two types of rotary indexers are available in the market, namely precision ring drive and compact ring drive.

Global Rotary Indexer Market: Dynamics

The global rotary indexer market is expected to be primarily driven by growth in automotive and electronics industries across the globe. Rotary indexers are most widely adopted in automated welding, medical packaging and assembly cutting systems. In the recent past, there has been a growing trend towards automated welding, supported by the rising demand from end-use industries for welding products across the globe.

Prominent manufacturers involved in the global rotary indexer market are focusing on introducing precision rotary indexers to cater to many end-users across the globe. For instance, in the recent past, Nexen Group introduced the MRS (Motor Ready Sealed) precision rotary indexer. The high roller pinion-to-gear ration allows users to directly drive the system with the addition of a servomotor. The aforementioned factors are found to be the key trends identified in the global rotary indexer market across the globe.

Global Rotary Indexer Market: Regional Outlook

North America, led by the United States, is expected to hold a substantial share in the global rotary indexer market during the forecast period. Growth in electronics and automotive assembly units across the U.S. is expected to assist the sales of rotary indexers in North America. The Europe rotary indexer market is expected to be next in line, followed by Asia-Pacific.

Sales of rotary indexers in Asia-Pacific, led by China, Japan and India, is expected to grow at a significant pace soon. Middle East & Africa and Latin America are expected to account for small shares in the global rotary indexer market over the forecast period; however, the demand is expected to grow at a significant rate over the forecast period.

Global Rotary Indexer Market: Participants

Examples of the key players involved in the global rotary indexer market include A Dover Company, WEISS North America, Inc., Sankyo Automation, Nexen Group Inc., TAKTOMAT, TAN TZU Precision Machinery Co., Ltd., Colombo Filippetti S.p.A., Haas Automation, Inc., Quality Vision International Inc., Cam Division System (Bettinelli group), Hardinge Inc. and others.

Key manufacturers involved in the manufacturing of rotary indexers are primarily focusing on introducing precision indexers and the expansion of their precision rotary indexer lines. A precision rotary indexer provides various benefits as compared to conventional rotary indexers such as high torque, high precision, high acceleration and zero backlash, low maintenance and long life.

The global rotary indexer market is expected to be partly fragmented in nature, since prominent manufacturers are expected to hold major shares in the market.

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.

For critical insights on this market, request to ask an expert here @
https://www.futuremarketinsights.com/ask-question/rep-gb-8348 

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.

Global Rotary Indexer Market: Segmentation

The global rotary indexer market can be segmented based on type, end-use industry and application.

Based on the type, the global rotary indexer market can be segmented into

  • Heavy Duty Rotary Indexer
  • Light Duty Rotary Indexer

Based on the end-use industry, the global rotary indexer market can be segmented into

  • Automotive
  • Electronics
  • Medical & Healthcare
  • Pharmaceutical

Based on the application, the global rotary indexer market can be segmented into,

  • Machine tools
  • Semiconductors
  • Automated Welding
  • Medical Packaging
  • Robotics
  • Assembly Cutting System

For More Information or Query or Customization Before Buying, Visit:
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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