Decarbonization and Electrification Set to Accelerate Hydrogen Electrolyzer Market Growth, as Market Players Focus on Sustainable Hydrogen Production, Says FMI

Future Market Insights, an ESOMAR-certified market research provider, opines that the long term outlook for hydrogen electrolyzer market will remain optimistic with growth pegged at 10% through 2030. With costs of renewables substantially dropping, making them more competitive with conventional fuels, their use as feedstock for hydrogen electrolysis will boost market growth subsequently.

Research for hydrogen fuel cell technology, H-CNG and mobility solutions will play a vital role in the market dynamics of hydrogen electrolyzers. With the growing popularity of fuel cell technology in automotive, notably electric mobility, demand for on-site hydrogen production will proliferate.

Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-1946

“The rising availability of CAPEX subsidies, tax rebates and low electricity costs will strongly intensify the adoption of hydrogen electrolyzers. In addition, hydrogen electrolyzers will provide the missing link between hydrogen and green electricity across various countries as it strives to achieve a de-carbonized environment” says FMI analyst.

Key Takeaways for Hydrogen Electrolyzer Market Study

  • PEM electrolyzers are expected to witness a higher demand growth vis-à-vis other electrolyzer variants on back of high purity output and economical features with regards to operations
  • Countries in Western Europe and Asia Pacific are key to the growth of hydrogen electrolyzer market, on account of their high growth potential & considerable market size
  • Accelerated demand for high purity of hydrogen is boosting the uptake of hydrogen electrolyzer over competitive technologies such as SMR

Despite Prevailing Uncertainties, Experts Eying Green Hydrogen Post Pandemic

The global COVID-19 pandemic has put manufacturing, supply and demand of hydrogen electrolyzer on hold. In the second quarter of 2020, countries such as Italy experienced a 20% reduction in demand for power thus impacting the hydrogen electrolyzer market.

Economies around the world are utilizing this time to invest in green hydrogen to kick start growth. Countries such as Portugal, Netherlands and Australia are already investing rigorously in this technology. This is in alignment with EU’s green deal plan to decarbonize and bring emissions down to zero by 2050.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-1946

Hydrogen Electrolyzer Market: Competitive Landscape

The global market players are striving to drive their market revenue at more than 20% on a yearly basis. This is being done by bringing down investment costs through joint collaboration.

For instance, ITM Power and Linde have collaborated to open up a factory at Sheffield, UK to enhance their electrolysis capacity per year by at least 1GW.

Similarly, NEL and Hydrogenics are gearing up for projects that aim to produce 20MW of hydrogen at Denmark and Canada respectively. By scaling up the size of the plants, manufacturers are looking at reducing their overall costs in the production of hydrogen

Find More Valuable Insights on Hydrogen Electrolyzer Market:

FMI in its new market research study, offers an unbiased analysis of the hydrogen electrolyzer market which comprises global industry analysis for 2015–2019 and opportunity assessment for the 2020–2030. The report offers complete analysis on global hydrogen electrolyzer market through four different categories – product type, capacity, outer pressure, end user and region. The global hydrogen electrolyzer market study provides information of pricing by different application analysis, product life cycle, capacity assessment, key market trends and technologies which are being implemented in the deployment or installation of the hydrogen electrolyzer and product adoption in varied end use industries.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-1946

About FMI – Industrial Automation

The Industrial Automation division of FMI offers a novel approach and innovative perspective in the analysis of the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery across the manufacturing sector and distinctive analysis about the installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders, and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

Global Scissor Lifts Market lifts to reach a market value of ~US$ 4.5 Bn by 2031.

Surging construction activities will be boost sales of scissor lifts. In a new study Future Market Insights (FMI) has projected the global market for scissor lifts to reach a market value of ~US$ 4.5 Bn by 2031.

With rental companies playing a pivotal role in the scissor lifts market, organization in the rental industry are expected to focus on expanding their network across developing countries, creating new growth prospects for manufacturers.

Get | Download Sample Copy with Graphs & List of Figures Click Here:
While the growth projections for scissor lifts market remaining strong, the ongoing COVID-19 pandemic crisis is anticipated to cause a minor strain in demand. Disruptions witnessed in manufacturing units and supply chain networks due to shutdowns in a number of countries are expected to affect the consumption of Scissor Lifts. However the market is expected to recover in year 2021.

The market will especially gain from the rising demand from AWP rental service providers. FMI has projected the segment to account for over 80% of the demand recorded in the market through the forecast period. Also increasing application in manufacturing, construction, commercial, and other sectors will continue aiding growth.

Key Takeaways from Scissor Lifts Market Study

Scissor lift market will expand at a steady pace, exhibiting 3.5% CAGR between 2021 and 2031 The U.S. is expected to account for over 40% sales of scissor lifts U.K. will remain key market in Western Europe Germany and France will continue exhibiting high demand backed by rising construction activities Sales in Japan and South Korea to increase at a positive pace

“In addition to keeping long-term alliance with their key buyers, companies are offering training courses for operators and focusing on expanding their product range by including electric, hybrid or bi-energy scissor lifts to cater the growing demand for aerial work platforms across the world” said a lead FMI analyst

Request a Complete TOC of this Report with figures Click Here:
What’s the Future Outlook?

Growing shift towards hybrid lift development which help rental fleet owners to leverage the flexibility of scissor lift performance for higher utilization and longer term rentals is set to be remain as prominent force in shaping the scissor lifts market.

Who is winning?

Some of the leading companies operating in the scissor lifts market are

Terex Corporation (Genie), JLG Industries, Inc., Linamar Corporation (Skyjack), Snorkel International, Haulotte Group, and Zhejiang Dingli Machinery Co, Ltd.

These companies are incorporating new environmental-conscious technologies. Along with this, they are fine-tuning their expansion strategies to gain competitive edge.

For instance, Haulotte announced launching two new mobile elevating work platforms that have fully electric architecture to offer excellent performance, while reinforcing direction taken by the company towards environmentally friendly alternative energies.

For More Information or Query or Customization Before Buying, Click Here:
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

Industrial Valves Market is expected to grow at a CAGR of ~4% : FMI

Up from the revenues worth US$61 Bn registered in 2018, the global market for industrial valves is projected to witness modest growth by the end of 2019. A new market research report by Future Market Insights (FMI) suggests that the increasing exploration activities for new water sources will predominantly favour the growth of market over coming years.

The steady expansion of chemical industry and revival of oil & gas industry are also likely to play a crucial role in pushing sales of industrial valves at a global level. FMI’s report shows that abundant opportunities exist in chemical, and water & wastewater industries.

To remain ‘ahead’ of your competitors, request for a sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-4162

With the onset of Industry 4.0 and the reciprocating shift of industries towards automation, the industrial valves landscape is compelled to move beyond its traditional, old-school valve engineering models. Although manually operated valves still account for almost 2/3rd of total sales, FMI foresees a rapidly progressing market scenario for automated valves in the next few years. 

By type, the gate type of industrial valves segment is expected to hold prominent value shares of the global industrial valves market. The globe valve segment is expected to be the prominent segment throughout the forecast period. Gate valves, closely trailed by globe and ball valves, are identified to remain the sought-after industrial valve types throughout the forecast period. Several manufacturers are, however, focusing on investments in globe industrial valves. FMI’s research also highlights visibly growing market attractiveness of butterfly valves across industries.

The analysis of industrial valves market based on materials reveals cast steel, carbon steel, and stainless steel remain the preferred materials among manufacturers of industrial valves, which collectively account for ~85% shares in the revenues. Bronze is likely to emerge lucrative as a material of choice, over the years to come, as shown by report findings.

For critical insights on this market, request to ask an expert here @
https://www.futuremarketinsights.com/ask-question/rep-gb-4162

Market in APEJ Projected for Remunerative Growth

The market in Asia Pacific excluding Japan (APEJ) is expected to exhibit lucrative growth potential in the global industrial valves market over the forecast period of 2019-2029. According to the report, this growth is propelled by the rapid growth in the oil & gas industry in countries of APEJ such as India and China, and ASEAN Countries, among others. The economic condition of these countries have been positively developing.

Owing to the effects of macroeconomic factors such as growing population, urbanisation, and rapid industrialisation, the confidence of investors and investments in housing and other residential projects across APEJ has increased drastically. The region’s chemical has considerable momentum over the past few years. This overall scenario is translating into modest growth in the demand for valves across the multiple industries, eventually pushing the market growth potential of APEJ.

Industrial Valves Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global industrial valves market such as GE Company, Emerson, Flowserve Corporation, Schlumberger Limited, TechnipFMC Plc, KSB SE & Co. KGaA, x KITZ Corporation, Alfa Laval Corporate AB, Curtiss-Wright Corp., CIRCOR International, Inc., IMI Plc, Mercer Valve Co., Inc., National, Oilwell Varco, Inc., Weir Group Plc., Neway Valves, AVK International A/S, Flowserve Corporation, and LESER GmbH & Co. KG, among others.

The global industrial valves market is significantly consolidated, with some players holding prominent shares of the market. These players are offering industrial valves under their popular brands such as Cameron, and World Valves, among others.

For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-4162

Industrial Valves Market – Key Research Findings

  1. The global industrial valves market size in 2018 was ~US$61 Bn. 
  2. The industrial valves market is expected to grow at a CAGR of ~4% during the forecast period of 2019-2029.
  3. Besides adoption of automatic functions of valves, the increasing demand for manual structures has been recently driving the sales of industrial valves.
  4. Collectively, Asia Pacific Excel. Japan and North America are likely to account for ~70% of the revenue shares in the industrial valves industry by the end of 2029.
    • North America, attributed to the powerful presence of the oil & gas industry, will continue to be a prominent regional market for industrial valves manufacturers.
  5. The oil & gas industry is estimated to remain the prominent end-use industry for industrial valves market players.
    • The oil & gas industry has witnessed significant growth in the recent past, and the revival of the oil & gas sector has been noteworthy.
    • Noteworthy application potential of industrial valves has been identified in the water & wastewater treatment.

Agricultural Equipment Market Sales to Exceed 6.7 Mn Units by 2031-end,

As per a recent survey by FMI, the global agricultural equipment market is expected to total US$ 65 Bn in 2021. In response to surging demand for advanced and automated technologies in the agricultural sector, the market is anticipated to register steady demand.

As per FMI, the global agricultural equipment market will expand at 4.8% CAGR between 2021and 2031 in comparison to 2.8% CAGR registered from 2016 to 2020.

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-523

Advent of novel electrical technologies has rapidly transitioned traditional farming methodologies to modern agricultural machinery over the past few years. As these equipment minimizes manual labor, increases production, and reduces turnaround time, they are extensively being adopted by framers.

Further, favorable initiatives undertaken by governments of several countries are mechanizing the agricultural sector to address the increasing demand for food. For instance, according to the India Brand Equity Foundation (IBEF), the Indian Government has announced to allocate more than US$ 551 million under an initiative named Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for 2021-22. Such initiatives are estimated to create high revenue-generation opportunities for the market players.

Among product type verticals, tractor is projected to remain the most preferred farming machine in the segment. The growth in the segment is attributed to the multipurpose nature of tractors such as preparing fields, plowing, harvesting, and others.

“Manufacturers are emphasizing on launching novel automated farming equipment with integrated advanced technologies such as internet of things (IoT), telematics, and artificial intelligence (AI) to capitalize on the trend of smart farming,” says the FMI analyst.

Key Takeaways from the Agricultural Equipment Market Study

  • Growing focus on mechanization in agricultural sector to counter labor scarcity in the U.S. is expected to drive the North America market at a CAGR of 3.9% over the assessment period.
  • Europe agricultural equipment market is forecast to rise at a 4.4% CAGR through 2031, with the U.K. and Germany leading the growth owing to the easy availability of agricultural equipment on rentals.
  • India is projected to emerge as one of the most lucrative markets in Asia Pacific, favored by the increasing number of favorable governmental policies in the country.
  • South Korea and Japan are estimated to collectively account for nearly 11% of global revenue share in 2021, supported by presence of leading manufacturers such as Kubota Corporation and Dae Heung Engine Co., Ltd.
  • In terms of category, self-propelled equipment is anticipated to dominate the segment, on the back of lesser cost, low risk of accident, and faster performance than tractor-pulled equipment.

Report preview with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/agriculture-equipment-market

Key Drivers

  • Increasing government initiatives for farm mechanization to address the demand for food in developing countries such as India, China, and Japan is driving the sales of agricultural equipment.
  • Introduction of novel farming machinery with global positioning system (GPS) and growing availability of agricultural equipment on lease and rentals is driving the growth in the market.

Key Restraints

  • High cost of agricultural equipment such as tractors and rotavators is hampering the growth of the market.
  • Growing demand for construction and declining area of arable land across countries such as the U.S., Japan, China, Kuwait, and others is hindering the sales of agricultural equipment.

Competitive Landscape

As per FMI, top 5 manufacturers in the global market are Deere & Company, AGCO Corp, CNH Industrial N.V., Kubota Corporation, and CLAAS KGaA GmbH. These players are expected to account for nearly 44% of the overall sales in 2021.

Key manufacturers are focusing on developing and launching advanced quality products. They are aiming at adopting various organic and inorganic expansion strategies such as mergers and acquisitions, partnerships, collaborations, and advanced product development to gain a competitive edge in the market. For instance,

  • In August 2021, Deere and Company, an American manufacturer of agricultural machinery, announced acquiring an agricultural technology startup based in Silicon Valley, Bear Flag Robotics, for US$ 250 million. The acquisition will assist the company to create smarter machines with advanced technology
  • In 2021, XAG Co., Ltd., a leading agri-tech company, announced launching a new a jet sprayer system to pollinate fruit trees, XAG R150. Its sprays a specially mixed solution of pollen which is sent on a predetermined route around orchards.

For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-523

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

  • Bucher Industries AG
  • AGCO Corp
  • Deere & Company
  • EXEL Industries
  • CLAAS KGaA mbH
  • ISEKI & CO. LTD.
  • CNH Industrial N.V.
  • Krone UK Group
  • Kubota Corporation
  • LEMKEN GmbH & Co. KG
  • Mahindra & Mahindra Ltd.
  • Mitsubishi Mahindra Agricultural Machinery Co. Ltd
  • SDF S.p.A.
  • Tractor and Farm Equipment Limited (TAFE)

More Valuable Insights on Agricultural Equipment Market

FMI, in its new report, offers an unbiased analysis of the global agricultural equipment market, analyzing forecast statistics through 2021 and beyond. The survey reveals growth projections on in agricultural equipment market with detailed segmentation:

By Product type:

  • Tractors
  • Rotavators
    • Wheel Type
    • Crawler Type
  • Threshers & Dehuskers
    • Wheel Type
    • Crawler Type
  • Power Tillers
    • Wheel Type
    • Crawler Type
  • Power Weeder
    • Wheel Type
    • Crawler Type
  • Plough
  • Baler
  • Seed Drill

By Category:

  • Tractor Pulled / Attachment
  • Self-Propelled

By Ownership:

  • Individual
  • Rental

By Regions:

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

We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-523

Key Questions Covered in the Agricultural Equipment Market Report 

  • The market survey also highlights projected sales growth of the agricultural equipment market between 2021 and 2031
  • The report offers insight into agricultural equipment demand outlook for 2021-2031
  • Agricultural equipment market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
  • Agricultural equipment market analysis 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

FMI is hosting a talk show in collaboration with SPRING to uncover the paths of latest innovations in packaging. Join our Talk show “The Rise of Intelligent Packaging‘ by registering here: https://www.futuremarketinsights.com/event/the-rise-of-intelligent-packaging

Browse Extensive Coverage of our Top Trending Reports:
Agricultural Food Grade Rubber Conveyor Belt Market: The global sales of agricultural and food grade rubber conveyor belt are likely to reach beyond US$ 3 Bn in 2020, witnessing a steady yearly expansion in 2019 and 2020, says the report
Agricultural Fabrics Market: Agricultural Fabrics market, sales of Agricultural Fabrics are projected to increase at around 4.7% CAGR over the next ten years (2021-2031)
Heat Shrink Tubing and Sleeves Market: Heat Shrink Tubing and Sleeves Market is projected to reach US$ 1,879 Mn in 2021, expanding at a healthy 5.9% CAGR over the forecast period of 2021-2031

Food Packaging Equipment Market Estimated to Expand at a Robust CAGR By 2027

Food packaging equipment manufacturers are facing highly demanding and rapidly changing competitive environment. Food packaging equipment is one of the most important part of global food industry. Packaging of food is necessary in order to deliver them to customers in a proper way. Food packaging equipment carry out multiple functions such as wrapping, sealing, coding and filling in food packaging industry. Packaging of food products ensures the stability of food products throughout the supply chain. Efficient food packaging can withstand wide range of temperature variation.

Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-6218

Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Food Packaging Equipment Market over the Assessment Period. A detailed study on Food Packaging Equipment market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.

As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Food Packaging Equipment market is expected to grow at a healthy CAGR during the forecast period . The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales of Food Packaging Equipment Market in the coming 10-years.

Key players covered in the report include:
Bosch Packaging Technology, Oystar Holding GmbH, Multivac Inc., Nichrome India Ltd, IMA Group, Ishida, Multivac, Inc., GEA Group among others.

Advent of Sustainable and Intelligent Packaging Solution Skyrocketing the Demand for Food Packaging Equipment

With rising environmental concerns and implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.

In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.

Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Food Packaging Equipment market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.

Food Packaging Equipment Demand Analysis by Category:

On the basis of product type used, the global equipment market has been segmented as:
Palletizer
Labelling & coding equipment
Filling & dosing equipment
Closing equipment
Wrapping & bundling equipment
Cartoning equipment
Others

On the basis of application, the global equipment market has been segmented as:
Dairy products
Meat, poultry & seafood
Bakery & confectionary
Cereals & grains
Beverages

Ask For Country-Specific Data: https://www.futuremarketinsights.com/ask-country-specific/rep-gb-6218

Key Food Packaging Equipment Market Takeaways and Projections :
• The U.S. is expected to lead the North America Food Packaging Equipment market, projecting the fastest growth in the region in forecasting period
• Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
• India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2031.

Report Benefits & Key Questions Answered :
• Food Packaging Equipment Historical Market Analysis: The detailed survey by FMI, examines key factors in the Food Packaging Equipment market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Food Packaging Equipment market for the forecast period

• Food Packaging Equipment Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Food Packaging Equipment market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.

• Food Packaging Equipment Market Trend Analysis: The latest study by FMI on the Food Packaging Equipment market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

Purchase the Report : https://www.futuremarketinsights.com/checkout/6218

Food Packaging Equipment Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Food Packaging Equipment market. Competitive information detailed in the Food Packaging Equipment market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Food Packaging Equipment market report.

Barcode Scanner Market is expected to grow at a CAGR of over 7.6% between 2021 and 2031

As per newly released data by FMI, the barcode scanner market is estimated to be worth US$ 7 Bn in 2021. The market is expected to grow at a CAGR of over 7.6% between 2021 and 2031. Increase in healthcare sector is expected to increase the demand for barcode scanners over the assessment period.

Despite challenges posed by COVID-19 outbreak, the barcode scanner demand increased with a rapid shift from handheld laser scanning to imaging solutions.

North America will remain as a leading market, accounting for over 30% value share in 2021. Barcode scanner demand outlook for North America is expected to remain positive, with the healthcare sector touted as a leading contributor.

Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-2871

Currently, barcode solutions are being used across various domains owing to their exponential capabilities in systematically recording information such as product count, date of manufacturing, date on which the product was supplied to the retailer and selling price. The emergence of e-commerce and intra-regional markets that offer specialised services to a wide range of sectors has further expanded its application base.

Future Market Insights (FMI) in its latest report titled “Barcode Scanner Market: Global Industry Analysis and Opportunity Assessment, 2021–2031” reveals that use of barcode technology is rapidly rising in both retail and manufacturing industries. Barcode scanners have become one of the best solutions for recording product information, making no major manual effort.

The technological advantages and innovative features of barcode scanners are also making them popular in the healthcare industry. Barcode technology can help rectify medication errors, medical practitioners and physicians can easily get information about medicines and their manufacturing dates.

The report further cites that the global barcode scanners market will account for about US$7 Bn by 2031-end. During the same duration, the market is also expected to reflect a CAGR of 6.4% in terms of volume, reaching 38.7 Mn units over 2031-end.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-2871

Market segmentation

By Product Type

  • Portable/Handheld
    • Rugged Scanners
    • PDA Scanners
    • Automatic Readers
    • Others
  • Fixed Position
    • Stationary Scanners
    • Presentation Scanners
    •  Automatic Readers
    • Others

By End Use

  • Retail & Commercial
  • General Manufacturing
  • Healthcare
  • Logistics & Warehouse
  • Commercial Aviation
  • Defence
  • Others

By Technology

  • Pen Type Reader
  • Laser Scanner ‘s
  • CCD (Charge-Coupled Device) Readers
  • Camera Based Reader
  • Omni Directional Barcode Scanner ‘s
  • Smartphone Based Scanner
  • RFID (Radio Frequency Identification Technology

By Region

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

Additional Highlights of the report Include:

Laser-based scanner is expected to remain as the prime technology. Laser scanners are widely used in regions with established manufacturing and retail sectors, such as Western Europe and North America. By the 2021-end, laser scanners are estimated to accounts for 32.3% revenue share of the market and will continue to be the most preferred barcode reader technology throughout the assessment period.

However, camera-based reader is expected to see the fast adoption as these scanners are innovative and configured with advanced 2D imaging technology. Based on product type, portable/handheld scanners are expected to remain top choices of barcode scanners amongst consumers over the forecast period.

Owing to characteristics such as faster print speed and versatility, demand for portable/handheld barcode scanners is rapidly increasing in various parts of the world. Use of barcode scanners in the retail and commercial sector continues to be the highest and is expected to account for a major chunk of revenue over the forecast period. Meanwhile, the healthcare industry is swiftly adopting the barcode technology as well.

Amongst regions, markets in Asia Pacific excluding Japan (APEJ) and North America are expected to exhibit high growth potentials. In APEJ, China and India are projected to achieve impressive growth of their barcode scanner market. By 2017-end, the region is projected to account for a revenue share of 29.5%, which is expected to increase to 33.8% towards the end of the forecast period.

For More Information or Query or Customization Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-2871

Market players are targeting APEJ as their key sales region.  

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.

Power Tools Market | Present Scenario and outlook remains positive as FMI forecasts the market to rise at ~5.1% between 2021-2031.

The global power tools market is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis, the global power tools market is expected to reach US$ 33.36 Bn in 2021.  The demand is expected to soar as construction activities surge around the world. According to FMI, construction applications will account for maximum sales in the market through the forecast period. Besides this, the rising trend of do-it-yourself activities will fuel sales opportunities for the market.

Get | Download Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-760

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

Key Takeaways of Global Power tool Market Study

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

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

Global Power tool Market Competitive Landscape

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

Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-760

Valuable Insights into Global Power Tools Market

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

Scope of the Report

Attribute Details Forecast Period 2021-2031 Historical Data Available for 2016-2020 Market Analysis USD Million for value and Units for Volume Key Regions Covered North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East & Africa Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Vietnam, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, South Africa Key Segments Covered Product Type, Technology, Application, Sales Channel, and Region Key Companies Profiled Robert Bosch Power Tools GmbH Stanley Black & Decker, Inc. Makita Corporation Hilti Corporation Atlas Copco AB Techtronic Industries Company Limited Snap-on Incorporated Actuant Corporation Husqvarna AB Illinois Tool Works Panasonic Corporation Hitachi Corporation Ingersoll Rand, Inc. Enerpac Tool Group Kyocera Corporation Apex Tool Group Ridgid Tools Koki Holdings Co., Ltd. Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives.

Ask us your Any Queries About this Report:
https://www.futuremarketinsights.com/askus/rep-gb-760

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 offers comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery used across the manufacturing sector. The team also conducts distinctive analyses 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 a budding industry

Flooded Battery to Remain Top Choice across Industries, Accounting for 49.0% of Global Lead Acid Battery Market Sales in 2021: FMI

The global sales of lead acid battery are set to be valued at over US$ 54.3 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report has forecast the market to expand at over 5.2% CAGR between 2021 and 2031.

According to the market analysis by Future Market Insights, expansion of automotive production facilities to cover rural and other remote areas has led to the increasing demand for lead acid battery. Rapid technological advancements in production technologies are also projected to complement market growth over the coming years.

Demand for lead acid battery is increasing with the rise in the volume of vehicle fleet in recent years. This can be attributed to an increase in aftermarket sales in regular interims for battery replacement.

The growing requirement has led to mass production and has increased importance of process automation in the lead acid battery market. The market is shifting towards industry 4.0 s, leading to the universal adoption of new production technologies.

There also is an increasing demand from other industries for deployment of lead acid battery. Increasing number of players focusing on research and development related to lead acid battery is anticipated to have a significant contribution towards market growth in the years to come.

Global Lead Acid Battery Market

Key Takeaways from Lead Acid Battery Market Study

  • Flooded battery is projected to hold over 49% of the global market share in 2021 in terms of product type, supported by superior configurations.
  • Transportation is projected to hold over 56% of the overall market share as leading segment in terms of application by 2031-end, supported by increasing investments in electric vehicles production.
  • China will remain a chief market, backed by rising demand from the automotive industry. It is expected to account for over 57.3% of demand registered in East Asia in 2021.
  • The markets India is set to surge at around 6% CAGR over the next ten years.
  • Germany is emerging as a key market in Europe, accounting for over US$ 2,509.4 Mn in 2021, driven by expansion of the automotive industry.

Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-54

“The lead acid battery market is growing at a strong pace, driven largely by increasing demand for energy efficient solutions across automotive sector. The increasing demand for electric vehicles will create extensive opportunities for manufacturers. Key industry participants have been focusing product diversification to offer energy efficient solutions and gain a competitive advantage,” says a Future Market Insights analyst

Global Lead Acid Battery Market Competitive Landscape

The lead acid battery market is highly competitive at regional as well as global levels, and highly consolidated in nature. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares.

Some of the key players in this industry include but are not limited to Furukawa Electric Co., Ltd., Narada Power Source Co. Ltd., Clarios, Leoch International Technology Ltd., Enersys, Exide Industries Ltd., GS Yuasa Corporation, East Penn Manufacturing Co., Chaowei Power Holdings Limited., and others.

Global Lead Acid Battery Market Scope of Report

Attribute Details
Forecast Period 2021-2031
Historical Data Available for 2016-2020
Market Analysis USD Million for Value
Key Countries Covered US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, ASEAN Countries, Australia & New Zealand, GCC Countries, Turkey, and South Africa
Key Segments Covered Product Type, Application, Sales Channel and Region
Key Companies Profiled Furukawa Electric Co., Ltd.Hitachi Chemical Company, Ltd.Narada Power Source Co. Ltd.SiteTel Sweden AB (NorthStar)ClariosLeoch International Technology Ltd.Yokohama Batteries Sdn. Bhd.EnersysExide Industries Ltd.GS Yuasa CorporationHoppecke Batterien GmbH & Co. KG.Crown Battery CorporationC&D Technologies, Inc.Coslight Technology International Group Co. Ltd.East Penn Manufacturing Co.Chaowei Power Holdings Limited.Zhangzhou Huawei Power Supply Technology Co., Ltd.B. B. BatteryCamel Group Co., Ltd.Shandong Sacred Sun Power Sources Co. Ltd.
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Find More Valuable Insights in Global Lead Acid Battery Market

The research report analyzes demand for Lead Acid Battery. The global Lead Acid Battery market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of product type, power source, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand factors.

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

Over 60% of Hand Tools Sales to Concentrate in Industrial Applications: New Study

The proliferation of do-it-yourself (DIY) culture owing to the rising labor costs in developed countries such as the UK, U.S., and Germany is anticipated to play a pivotal role in increasing the demand for hand tools. A study by Future Market Insights (FMI) has predicted the global hand tools market to reach  ~US$ 25.6 Bn by the end of 2031, growing at a CAGR of 3.9% over the forecast years (2021-2031).

Request a FREE Sample of this Report in PDF: https://www.futuremarketinsights.com/reports/sample/rep-gb-1114

Customers have been increasingly adopting self-help approaches to modify and repair their homes. Furthermore, the primary factor driving the growth of the hand tool market is the increasing use of hand tools in the automotive industry for repair & maintenance purposes. Moreover, the increase in the use of hand tools in industrial applications is another driver of overall hand tools market growth.  As per FMI, the industrial segment will account for over 60% of hand tools sales through the course of the report’s forecast period.

Key Takeaways of Hand Tools Market Study

  • After recording negative growth in 2020 amid COVID-19, 2021 will be a year of recovery for the market, as it is forecast to exhibit over 3% Y-o-Y growth
  • The U.S. will remain a highly lucrative market, accounting for 80% of hand tools sold in North America
  • Within Europe, the U.K. will emerge as an important market, exhibiting a little above 3% Y-o-Y growth in 2021
  • Germany and France also will record consistently rising demand for hand tools through the forecast period
  • South Korea and Japan will emerge as attractive markets for sales in East Asia

“The hand tools market has been exhibiting consistent growth, despite temporary lull witnessed amid COVID-19. Factors such as the rapidly growing urbanization in developing economies and the adoption of technologically sound and innovative hand tools have been encouraging market players to focus on innovations. Moreover, increase in practice of DIY activities is expected to create positive prospects for hand tools market growth over the forecast period,” said a lead analyst at FMI.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-gb-1114

According to FMI, the market for hand tools is growing primarily due to the versatile features of hand tools such as the reduced size of the tool kit, maintenance & weight, and the increasing preference for multiple tools for multiple applications across various industries. Increasing customer preference towards DIY activities to surge the hand tools market globally.

Furthermore, high cost of maintenance and repair services for auto parts has created an urge among customers to execute do-it-yourself activities on their vehicles for short-term maintenance & repair. This has provided the manufacturers tremendous potential to manufacture hand tools and launch new & innovative products in the market.

Who is winning?

The hand tools market is a very competitive owing to presence of large number of small and medium sized manufacturers in the market. Leading manufacturers are gradually concentrating on positioning innovative technologies to design hand tools to improve the operating efficiency of commercial and industrial facilities. There is a fair amount of emphasis on innovation. Businesses functional in the hand tools market seek strategic collaborations with regional end-users and distributors to meet the needs of a growing consumer base.

Some of the leading players operating in the market are

  • Stanley Black & Decker, Inc.,
  • Snap-on Incorporated,
  • IDEAL INDUSTRIES, INC.,
  • Apex Tool Group,
  • KLEIN TOOLS INC.,
  • Emerson Electric Co.,
  • Akar Tools Limited,
  • Channellock, Inc.,
  • JK Files (India) Limited,
  • Kennametal Inc.,
  • Wera Tools

Hand Tools Market by Category

Product Type

  • General Purpose Tools
  • Metal Cutting Tools
  • Layout & Measuring Tools
  • Taps & Dies

Application

  • Industrial
  • Household and DIY

Sales Channel

  • Online Sales
  • Retail Sales
  • Distributor Sales

Region

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

Ask us your Any Queries About this Report: https://www.futuremarketinsights.com/askus/rep-gb-1114

About the Report:

Future Market Insights, in its new report, offers an unbiased analysis of the global hand tools market, analyzing historical demand from 2016-2020 and forecast statistics for 2021–2031. The study reveals growth projections on the hand tools market on the basis of application (industrial and household & DIY), product type (general purpose tools, metal cutting tools, layout & measuring tools, and tapes & dies), and sales channel (online sales, retail sales, and distributor sales) across six key regions.

Commercial Refrigeration Equipment Market: Worldwide Industry Analysis and New Market Opportunities Explored By 2021

Witnessing an uptick of 3.4% over 2018, the worldwide sales of commercial refrigeration equipment will exceed revenues worth US$ 46 Bn by 2019 end. As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration equipment will progress at a moderate CAGR over 2019 – 2029. The demand would be prominently driven by greater production of F&B goods and a preferential shift of consumers towards quick service restaurants (QSRs), at a global level.

Request a FREE Sample of this Report in PDF: https://www.futuremarketinsights.com/reports/sample/rep-us-1305

Sustainable and energy-efficient refrigeration systems are set to become a norm across the end-use industries, which should compel manufacturers to increase their investments in R&D and product innovations. Leveraging energy-efficient technologies to offer low global warming potential (GWP) products with rich functionalities will be the ticket to capturing significant market share in the long run.

COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS

  • Growing demand for ready-to-eat products and expanding retail outlets are driving the sales of commercial refrigeration equipment.
  • North America and Europe would collectively account for over half of the market value share by 2029 end.
  • The food services sector will remain prominent application area to invest in, for commercial refrigeration equipment market players.
  • The enforcement of new refrigerant regulations such as the EPA 680 Upgrade, and the Kigali Amendment for the phase-down of HFC refrigerants will largely impact the market growth.
  • The higher average unit cost of freezers & refrigerators allude lower volume sales vis-à-vis value gains, with just about 2.6 million unit sales in 2018.
  • Glass door merchandizers that account for around a third of total volume sales continue to see relatively low revenue generation as compared to freezers & refrigerators.
  • Sales of beverage dispensers and display cases across end-use industries will show a moderate increase year-over-year in 2019, which will collectively represent nearly 16% of total commercial refrigeration equipment sales in that year.

Request a Complete TOC of this Report with figures: https://www.futuremarketinsights.com/toc/rep-us-1305

Manufacturers who are keeping the innovation quotient high and providing turn-key solutions to meet regulatory requirements, with safety to end users at the core, will be rewarded in the long run.

Chinese Players Striving to Win Home Market​

In developed markets, rapid acceptance of alternative refrigerants to benefit from regulatory standards along with expansion of F&B processing industries continue to contribute to the development of the commercial refrigeration equipment market. The growth of Asia Pacific’s commercial refrigeration equipment market was influenced by a shift of Asian eating habits towards western-style convenience food. With the ability to manufacture their own compressors, Chinese companies are gaining competitive edge to reign supreme in their home market with indigenous brands.

Competition Trends

In 2018, the top four stakeholders including Carrier Corporation, Daikin Industries, Ltd., Danfoss A/S, and Hussman Corporation collectively accounted for 20-25% revenue share. The emergence of a large number of small players in developing countries has resulted into price competition, with leading market players losing their profit margins. Market fragmentation will continue through 2029, driven by regional regulatory norms and enhanced capabilities of the local players.

Ask us your Any Queries About this Report: https://www.futuremarketinsights.com/askus/rep-us-1305

Learn More About What the Report Covers

This FMI report is an extensive analysis of the global commercial refrigeration equipment market that offers actionable insights on how the market growth will unfold over the forecast period, 2019 – 2029. The market for commercial refrigeration equipment has been categorized into various segments, for analysis, on the basis of the type of refrigeration equipment, application area, and region. The study provides valued information on key competition trends and most preferred developmental strategies of leading market brands