Low Voltage Motor Market Competitive Growth Strategies Based on Type, Applications, End User and Region

The low voltage motors are extensively being used in several industries such as mining, food & beverages, oil & gas, automotive, packaging, etc., driven by the profuse growth in industrialization and steadily rising demand for energy across the globe. These are the motors that run at voltages less than 1000 V and generate maximum power that aid to improve productivity, quality, and saving energy.

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Various motor efficiency legislation which has been enacted all over the world, are likely to drive the global low voltage motor market during the forecast period.  According to these legislations, more expensive and more energy-efficient motors are mandated to manufacturers.

The global low voltage market is forecasted to grow with a single-digit CAGR during the forecast period and is anticipated to hold a strong potential incoming 4-5 years. Most of the manufacturers are now focusing on advanced technology and quality low voltage motors to enhance their production process which in turn had led to the increase in demand for advanced low voltage motors.

Regional Outlook

Depending on geographic regions, the global low voltage motor market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2014, Asia Pacific dominated the global low voltage motor market owing to the growing consumption of low voltage motors by the automotive and electronics industry, in this region.

In addition, China is the largest country market for low voltage motors in the Asia Pacific and is poised to show strong opportunities for low voltage motors in near future. After Asia Pacific North America is projected to show vigorous growth in the global low voltage motor market, especially due to the increasing demand for low voltage motors in countries like US and Canada, during the forecast period.

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Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. 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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

By Segmentation:

On the basis of product type, the global low voltage motor market is segmented into four types

  • IE1
  • IE2
  • IE3
  • IE4

Based on end-use industry the global low voltage motor market is segmented into six types

  • Automotive
  • Mining
  • Electronics
  • Textile
  • Food & Beverages
  • Others

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Global Low Voltage Motor Market: Drivers & Restraints

With the rise in technological advancement, increasing demand for machinery across the world, and advantages offered by low voltage motors due to their efficient nature, the global low voltage motor market is anticipated to show robust growth during the forecast period. The growing consumption of low voltage motors by end-user industries will continue to drive the growth in the low voltage market over the forecast period.

The report covers exhaustive analysis on:

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

In addition, stringent motor efficiency legislation and retrofits due to aging equipment are expected to impact the global low voltage motor market positively.

Market Players

Some of the major players operating in the global low voltage motor market are ABB, TECO-Westinghouse Motor Company, Siemens, Hyosung Power and Industrial Systems Performance Group, Anhui Wannan Electric Machine, ATB Group, Leroy Somer, LEZ Ruselprom, Luan JiangHuai, NIDEC, Regal Beloit, Shandong Huali Electric Motor Group, GE Industrial, Toshiba International, WEG, VEM Group, etc.

Sun Control Films Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Consistently, rising energy costs and the need for reducing power consumption, is swelling the demand for sun control films. To reduce heat transfer from outside, sun control films are used which are prepared from plastic films and can be applied to glasses on the window. The use of sun control films is not new as it give comforts and save energy along with protecting home, offices among others.

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Sun control films provide solution to many problems such as glare, fading and amount spent on air conditioning and enhances the life of furnishings and protects the skin from harmful ultraviolet rays of the sun. Normally it cut down 78% of heat coming through the windows and hence can control the number of units consumed by air conditioner. Conversely in winters, sun control films helps in reducing heat loss by reflecting up to 35 percentage of heat back in to the room.

Overall, it saves approximately 5 to 10 percentage on electricity costs. Increasing awareness about the advantages of the sun control films over normal sun reflective glass is making global sun control films market progressively desirable.

Region-wise Outlook

The global sun control films market is anticipated to record a significant CAGR for the forecast period. On the basis of geographic regions, the global sun control films market is segmented in the following key regions: North America, Western Europe, Eastern Europe, Latin America, Japan, Middle East & Africa and Asia Pacific. Currently, the Chinese players dominates the sun control films market. Japan and Asia Pacific are anticipated to increase at a considerable growth rate and is expected to contribute to the global sun control films market value exhibiting a substantial CAGR during the forecast period, 2015-2025.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. 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 Segmentation:

The global sun control films market is geographically segmented into seven key regions which are,

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia Pacific Excluding Japan (APEJ)
  • Japan
  • The Middle East and Africa (MEA)

It can be further segmented on the basis of applications

  • commercial
  • residential
  • others (buses, subways)

Sun Control Films Market: Drivers & Restraints

In the past few years, without doubt there is an increase in demand for sun control films. As per manufacturers, they are receiving large number of orders for sun control window films as there is enough demand from residential and commercial sector which in turn is further fueling the sun control films market to grow. Upsurge in real estate development is one of the major reason driving the growth in the global sun control films. Increased infrastructural development in developing countries such as coming of malls has positively affected the demand for sun control films.

The report covers exhaustive analysis on:

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

The trend identified in the sun control film market is present buildings construction have more glass area than ever before which has further added to the increase in demand for sun control films. Other major factor leading to the market’s growth is increasing emphasis on energy security and government regulation. However, warranty issues and traditional window films tend to act like mirrors, it’s difficult to see outside, especially at night when interior lights are on and among others are the major constraints for the global sun control films market.

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Key Players

Some of the key players identified in the global sun control films are as Garware Suncontrol, 3M, Jupiter International, Recon Blinds, Guangdong New Vision Film Technology Co., Ltd, Madico, Solar Gard, among many others. With the technological advancements and increasing degree of ‘know-how’ more market players are expected to join the competition.

Food Sorting Machines Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Automation is becoming more of a requirement than an option in the food processing industry. The rigorous quality and cost controls required in the food industry are making it more critical. Production of high-grade food requires capable and efficient inspection and sorting systems, in the operations and production line. The food is sorted by color, size, shape, specific gravity before inspection, and other criteria depending upon the raw material and application.

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Food Sorting Machines Market: Overview 

Though food sorting machines are a new technology for emerging economies like India, in developed economies like North America and Europe the same technology is in use for years.

With the growing global population and increasing pressure on the food industry to meet customer demands, the acceptance of food sorting machines is gaining popularity. The global food sorting machines market is expected to expand at a promising CAGR during the forecast period (2015-2025).

Global interest is increasing towards the quality of food consumed along with the stringent legislation on product quality and operating procedures. In the food industry, product specification is extremely important and is one of those areas where new developments are crossing the boundaries. The food industry is under immense pressure of meeting the demands of the growing world population.

Food Sorting Machines Market: Drivers & Restraints

Growing population, rising urbanization, growing technological awareness, industrialization of emerging economies, and increasing per capita income are some of the key factors driving the growth of the food sorting machines market.

Environmental Protection Agency regulations on the disposal of food waste, changing consumption patterns, and smaller households are a few of the probable factors restraining the growth of the food sorting machines market.

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Region-wise Outlook

The global food sorting machines market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, the global food sorting machines market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global food sorting machines market in terms of market revenue followed by Europe. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global food sorting machines market value exhibiting a robust CAGR during the forecast period, 2015-2025.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. 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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Players

Some of the key market participants in the global food sorting machines market are Tomra Systems ASA, Sesotec GmbH, Buhler AG, Key Technology, BarcoVision, Satake USA 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, types, and applications.

The report covers exhaustive analysis on:

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

By Segmentation:

The global food sorting machines market is broadly classified based on product type, technology, and geographies.

Based on product type, the global food sorting machines market is segmented into:

  • Channel Sorters
  • Freefall Sorters
  • Belt Sorters
  • ADR Systems

Based on technology, the global food sorting machines market is segmented into:

  • Laser
  • Camera
  • LED
  • X-ray

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The global population is becoming urbanized and there is heavy industrialization seen in the emerging economies. This leads to an upward trend towards convenience foods that are healthy, nutritious, and easy to prepare. Food security is an emerging challenge for policymakers and companies in the food supply chain. Over the period food production will be under threat from climate change, competing for land uses, erosion, and diminishing supplies of clean water.

Heavy Duty Heat Pump Market to grow at a 2.3% CAGR through 2031

Global heavy duty heat pump sales are set to be valued at US$ 454.9 Mn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report estimates the global heavy duty heat pump market to grow at nearly 2.9% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on how the heavy duty heat pump market will evolve in the next decade.

Demand for heavy duty heat pumps was moderate in 2020 due to COVID scenario. However, considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. The commercial sector currently accounts for the leading share of the market. Growth will continue as applications increase in data centers, district heating and cooling, and buildings.

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The research report analyzes the demand for heavy duty heat pumps. The global heavy duty heat pump market has been analyzed in terms of COVID-19 impact, macroeconomic factors, market trends & market background. As per FMI’s research scope, the market has been analyzed on the basis of various segments, consumer interests, & regions. The report gives qualitative and quantitative information on various players in this market. Also, this report tracks the market from both supply side and demand side.

Key Takeaways

  • Heavy duty heat pumps market is expected to surpass a valuation of US$ 450 Mn by 2021, as demand continues to increase in commercial, industrial, and residential sectors
  • Backed by increasing application of district heating and cooling, the U.S. will account for over 68% of sales in North America in 2021
  • Despite significant drop in demand amid pandemic, the year 2021 will be positive, allowing the U.K. market to register 2.9% y-o-y growth in 2021
  • Expansion of construction sector will be a boon for the market in China and Japan
  • Rising construction of commercial space in India, will create a conducive environment for the expansion of the heavy duty heat pumps market

“Surge in demand for imperishable and green energy solutions is expected to provide an impetus to heavy duty heat pump sales. The substantial increase in the demand from the supplier side and from end-use industries across the globe is propelling the heavy duty heat pump market growth. The use of heavy duty heat pumps for replacing conventional heating systems in the commercial, industrial and other sectors for heating and cooling is rising.” says an FMI analyst.

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The heavy duty heat pump market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of commercial and industrial requirements. Collaboration with local players and developing new technology in the form of advanced heavy duty heat pumps is a prime strategy expected to flourish in the forecast period.

Competitive Landscape

The market is fragmented, with key players accounting for approximately one fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market share. Some of the key players in the market are Thermax Ltd., Star Refrigeration, GEA Group, MAN Energy Solutions, Oilon OY, Siemens Energy, Johnson Controls, Friotherm AG, Engie Refrigeration GmbH, Daikin Industries, Enertech AB, Mitsubishi Heavy Industries, and others.

Valuable Insights into Heavy Duty Heat Pumps Market Study

Future Market Insights brings the comprehensive research report of the latest industry trends in affecting growth in the global heavy duty heat pumps market. The market has been segmented in terms of type, power source, power type, refrigeration type, power range, and end use to offer a comprehensive overview. The study provides in-depth analysis of the key factors enabling growth in these segments across six key regions.

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Green Tires Market Competitive Growth Strategies Based on Type, Applications, End User and Region

The green tire is a way big dream for tire manufacturers. It’s a rocky road to fulfill this dream. Replacement of the raw materials present in tires with renewable materials may harm the braking performance and compromise here is not acceptable. Currently, the label “green” is used for tires, designed to improve fuel economy.

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Green Tires Market: Overview

In the early 1990s the green tires came into existence with the usage of highly dispersible silica in tire treads in Europe due to high energy costs, consumer appreciation for better handling and safety, and understanding the environmental benefits. The demand for green tires is now increasing in the United States.

With rapid urbanization and increasing pressure on fuel consumption, the acceptance of green tires is gaining popularity. The global green tires market is expected to expand at a promising CAGR during the forecast period (2015-2025).

The tire is a crucial vehicle component that covers the wheel’s rim to protect it and enable better vehicle performance. Tires provide traction between the vehicle and road while providing a flexible cushion bed to absorb shock. Tires are typically made of rubber. With the increasing environmental and energy concerns, tire manufacturers are stepping forward to use renewable raw materials. Plasticizers and resins could also be potentially used in green tires. As of 2014, 45% share is of natural raw materials in tires which are expected to grow to 100% by the end of 2025.

The report covers exhaustive analysis on:

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

These environmental-friendly raw materials are ten percent lighter than conventional products used in the manufacturing of tires. This helps in the reduction of the overall weight of a car, so it requires less fuel. Green tires are developed to optimize fuel consumption via reduction of rolling resistance. Rolling resistance refers to the energy required by the tire’s road contact and its deformation. Reduction in rolling resistance requires total control over the complex relationship between the tread pattern, tire structure, and rubber compounds.

With the soaring population and fuel economy regulations imposed by the government, the demand for green transportation increases. Globally, tire manufacturers are adding precipitated silica to tread formulations to improve fuel efficiency, enhance tire performance and eliminate greenhouse gas emissions. Reducing rolling resistance or the amount of energy spent to move a vehicle, is seen as an important solution in decreasing fuel consumption and hence the costs associated. As tires are responsible for 20% to 30% of a vehicle’s fuel consumption.

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Green Tires Market: Region-wise Outlook

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

About one-fourth of the pollution is generated by a vehicle to overcome the rolling resistance of its tires. In the US itself, an annual reduction of up to 45 million tons of carbon dioxide emissions could be achieved by the addition of precipitated silica to tire treads. Silica also significantly improves a tire’s responsive handling and steering capability in a variety of adverse weather conditions. These tires also have been shown to improve traction on icy roads.

Green tires are also alternatively termed as energy tires in Europe, where the main advantage of going green is promoted as lower rolling resistance. They are therefore viewed to be an important growth market in terms of business to all European tire manufacturers and suppliers. Alongside Japan, Europe is at the most advanced level in this important technology process and more advanced than Asia or the United States.

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. 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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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By Segmentation:

The global green tires market is broadly classified based on product type, applications, and geographies.

Based on application, the global green tires market is segmented into:

  • On-road
  • Off-road

Based on product type, the global green tires market is segmented into:

  • Passenger Tires
  • Light Commercial Tires
  • Heavy Commercial Tires

Key Players

Some of the key market participants in the global green tires market are PPG Industries Inc, Pirelli Tyre S.p.A Bridgestone, Green Arc Tire Manufacturing Inc, Goodyear Tire & Rubber Co, Michelin North America Inc.

Metal Stamping Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Increasing usage of sheet metal across the consumer electronics and automotive industry is expected to positively impact the growth of the metal stamping market. Low raw material prices have been witnessed to compliment usage of light-weight corrosion resistive metal stamping for enhancing the stability of electrical & electronic and consumer electronic products. Technologically advanced metal stamping has been witnessing increased usage across commercial sectors since the recent past. Key players and manufacturers in the metal stamping market are taking immense efforts in developing sustainability strategies with regards to stamping owing to rising regulatory policies.

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The metal stamping industry has been significantly influenced by consumption patterns across sectors such as automotive, telecommunications, and consumer appliances. In addition, the shifting trend of substituting metals with composites and polymers for decreasing the weight of vehicles resulted in increased fuel efficiency and is likely to hamper the growth of the metal stamping market.

The growing adoption of the bending process in various industry verticals to improve the stability, durability, and quality of manufactured parts is anticipated to stimulate the growth of the metal stamping market. The aerospace industry is expected to create lucrative growth opportunities for the metal stamping market shortly. Metal stamping demand is expected to increase with an increasing focus on safety, demand for catering to stringent quality standards as well as the use of versatile and lightweight components for maintaining reduced fuel costs and low weight of aircraft.

The report covers exhaustive analysis on:

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

The rising competition in the automotive industry has led to the growth in demand for the global metal stamping market. In the global metal stamping market, the desired shape of the metal is achieved by pressing or punching process with the help of stamping dies. The process of punching or the application of pressure can be done either manually or mechanically as per the requirement. Metals predominantly used in the global metal stamping market are aluminum, steel, brass, copper, and stainless steel. The global metal stamping market is expected to grow with a single-digit compound annual growth rate during the forecast period.

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Metal Stamping Market: Region-wise Outlook

The global metal stamping market in North America and Europe is anticipated to grow at a good pace due to the growing demand in the automotive industry. The global metal stamping market is estimated to grow with a single-digit CAGR in North America during the forecast period. The industry is replacing ferrous materials with non-ferrous materials to reduce vehicle weight. In the developing regions, Asia and Latin America are expected to be the prospective market due to the expansion of capacity utilization and also the growing trend of outsourcing.

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, S. Africa, N. 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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

By Segmentation:

Based on product type, the global metal stamping market can be segmented into the following segments:

  • Vehicle stamping
  • Job stamping
  • Others

Based on end-users, the global metal stamping market can be segmented into:

  • Automotive
  • Aerospace
  • Consumer electronics
  • Telecommunication
  • Electrical & electronics
  • Others

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Key Players

Some of the few key players in the global metal stamping market are American Industrial Company, Martinrea International Inc., Magna International Inc., Hayes Lemmerz International, Harvey Vogel Manufacturing Co., Haitong Metals, D&H Industries, Inc., Dongguan Fortuna Metal Stamping Company, ThyssenKrupp AG, Alcoa Inc. and American Axle & Manufacturing, Inc.

Some of the key vendors in the global metal stamping market are Fiat Chrysler Automobiles, Toyota Motor Corporation, Ford Motor Company, General Motors, BMW AG, Whirlpool, and Boeing.

Industrial Pumps Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Industrial pumps find application in various industries and play an essential role in moving an assortment of fluids from one location to another. Industrial pumps come in a variety of shapes, sizes, and capacities. Industrial pumps are broadly segmented as centrifugal pumps (also called roto-dynamic pumps) and positive displacement pumps. Centrifugal pumps comprise axial, mixed-flow, and radial types.

Positive displacement pumps include piston, screw, sliding vane, and rotary lobe types. Conformance to performance standards and reliability of these pumps is very crucial. For instance, pump failure in a cooling system can result in overheating and substantial damage to equipment.

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Regional Analysis:

The global industrial pump market has been witnessing new developments in micro disc pump technology. One of the key factors contributing to the growth of this market is the increase in infrastructural development.  China, India, and other Asian and African countries are experiencing robust investments into infrastructure, which is expected to aid in increasing industrial output; in turn, driving growth for industrial pumps. Demand for industrial pumps from the process and manufacturing industries is expected to drive the growth of the industrial pumps market in developed regions such as Europe and North America.

Western Europe is expected to witness sluggish market growth, characterized by stagnant economic conditions and low industrial output. Eastern Europe is expected to exhibit relatively stronger growth owing to improving industrial output in the chemicals and water treatment industries. Middle East expenditure for industrial pumps is expected to rise as the pump sales in this region are expected to gain traction due to investments in desalination plants.

Regional analysis includes

  • India
  • China
  • ASEAN
  • Oceania

Improving economic conditions in the Asia Pacific (APAC) region are expected to open up enormously potential opportunities for pump manufacturers, like the automotive, construction, and manufacturing industries are likely to witness substantial growth in the coming years. Along with the harsh impact of the recent recession, tough competition from low-cost manufacturers in developing nations is indeed a major restraint for the development of the industrial pumps market in this region. Customers are usually inclined towards low-cost products, which barely comply with environmental standards. This factor is impacting the industrial pumps market to a considerable extent.

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As it is difficult to compete with low-cost rivals based on price, leading industrial pump manufacturing companies will need to adopt different promotional strategies, based on the quality of their products, services, and maintenance to sustain in the global market.

Pumping systems are critically important for any process or manufacturing plant to operate efficiently. Industrial pumps are used for various industrial applications such as power and petrochemical plants, which directly support generation and production processes, and usually, work for extended durations. It is estimated that around 27% of all the energy consumed by any industry is constituted by motor-driven equipment. This offers manufacturers of industrial pumps a window of opportunity to improve efficiency and launch newer and more innovative products.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. The report provides analysis and information by categories such as market types, technology, and applications.

It report covers exhaustive analysis on:

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

Competitive Analysis:

The key players in the industrial pumps market are ITT Corp., Flowserve Corp., KSB AG, Sulzer Ltd., Grundfos A/S, Ebara Corp., Weir Group plc, Baker Hughes, Inc., Schlumberger Ltd., and Clyde Union, Inc.

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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. In addition, the report also maps the qualitative impact of various market factors on market segments and geographies.

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Market Segmentation:

Various end-use industries for industrial pumps include water, wastewater, oil & gas, chemicals, food & beverages, and others. Centrifugal pumps are the extensively used type because of their low cost, low maintenance, and long service life. Centrifugal pumps are used in high-flow, low head applications with low fluid viscosity. In contrast, positive displacement pumps are used in low-flow, high head applications with high viscosity fluids and accurately controlled flow applications.

Pectin Powder Market | One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027

In its new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights about key factors driving demand for pectin powder. The report tracks the global sales of pectin powder in 20+ high-growth markets, along with analyzing the impact COVID-19 has had on the food and beverage industry in general, and pectin powder in particular.

Pectin belongs to the group of hydrocolloids derived from citrus fruits and apples that is used as a gelling agent in food and a variety of other purposes. Pectin powder is widely used in the production of jams and jellies. Besides this, its consumption has been associated with a number of health benefits, including joint pain relief, arthritis treatment, inflammation treatment, digestive aid, and so on. Pectin powder is a polysaccharide carbohydrate found in and around the cell wall.

Gum hydrocolloids, like pectin powder, xanthan gum, guar gum, gellan gum, gelatin and others find application in different functional foods as they help to improve stability and provide viscosity to food and beverages.  Hydrocolloids is used to convert food products into their semi solid food components due to their adhesive nature. Use of gum hydrocolloids in processed food is expected to result in rise of pectin powder globally.

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Increasing interest in organic, herbal, and fruit-based goods, resulting from rising cases of diabetes, obesity, and cardiac issues will fuel the demand for pectin powder. The advent of ‘superfruits,’ a concept that refers to highly nutritious fruits, exemplifies this. More 25,000 super fruit-derived products are available in the market today. Given the pectin’s impressive nutrient profile, pectin and its derivatives fit right in. Pectin powder contains pectin, pectolytic enzymes, carotenoids, fiber, vitamin B, proteins, and other salts in addition to vitamin C. From a market standpoint, the fruit’s low calorie and fat-free nature make it appealing.

Pectin-based goods are comparatively more expensive due to their exotic and export-dependent nature. When compared to synthetic vitamin C, the high price is due to higher production costs. This further limits their appeal to a selective group of people, such as those who live in cities and earn a lot of money. This is a restraining factor which reduces the demand of pectin powder.

“Manufacturers are tilting towards the use of pectin powder in the production of non-alcoholic beverages and as a flavorless additive to improve the consistency of packaged food such as jams & jellies, a trend which is majorly influencing the pectin powder adoption,” says the FMI analyst

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Key Takeaways

  • High methoxyl pectin powder is expected to hold over 55.5% market share through 2021
  • In terms of end-user, food & beverage industry is accounted for 76.8% of market share in terms of value through 2021
  • The U.S. is expected to hold the largest market share and is slated to increase at over 3.7% CAGR through 2031
  • India is poised to register excellent growth of 9.7% CAGR on the back of recent supply chain developments within food & beverage industry
  • Increased usage of pectin powder in Brazil as a key ingredient in jams & fruits spread is spurring the sales
  • Countries such as U.K., China, France and Germany are expected to witness high demand of pectin powder from food & beverage industry

Competitive Landscape

Leading manufacturers are relying on new product launches that matches the consumer requirement and regulatory policies for vegan, preservatives-free and halal food. Reluctance for processed foods have compelled the key players to manufacture products with natural ingredients, spurring the manufacturing of pectin powder.

Key players are also adopting various organic & inorganic strategies such as targeted collaboration and divestiture of assets to improve the operational efficiency of the company. For example, Givaudan in September 2020 announced that it has divested its pectin business, a part of the Naturex portfolio, to Herbstreith & Fox Group, to strengthen the former company’s business.

Another leading player CP Kelco, in December 2020, launched GENU Pectin YM-FP-2100, a new pectin product to improve and add medium-to-high viscosity in the fruited drinking yogurt.

Some of the prominent pectin powder manufacturers profiled by FMI are:

  • E.I. DuPont De Nemours And Company
  • Cargill Inc.
  • Naturex S/A
  • CP Kelco
  • Herbstreith & Fox Group
  • Compania Espanola de Algas S.A.
  • Silvateam SPA
  • DSM Andre Pectin Co. Ltd.
  • Lucid Colloids Ltd.
  • Others

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More Insights on the Global Pectin powder Market

Future Market Insights, in its latest study, provides an unbiased analysis of the pectin powder market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the pectin powder market with a detailed segmentation on the basis of:

Product Type:

  • High methoxyl pectin
  • Low methoxyl pectin

Application:

  • Food and beverage
  • Dietary supplements
  • Pharmaceuticals
  • Personal care and cosmetics
  • Others

Region:

  • North America
  • Latin America
  • Europe
  • Japan
  • The Asia Pacific excluding Japan
  • Middle East and Africa

Key Questions Covered in the Report

  • How will the market for pectin powder will expand through 2031?
  • Which top companies are leading the global pectin powder market?
  • What are the key drivers and trends that will stimulate the pectin powder sales?
  • What are the challenges that will affect the sales of pectin powder market?
  • Which region will remain the most lucrative throughout the forecast period?
  • What is the impact of Covid-19 on pectin powder market?

Commercial Refrigeration System Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Refrigeration is the process of removing excess heat from space and transferring the same to the environment. It is well known that spoilage of food, beverages, and many other substances is reduced at a lower temperature. Thus to preserve many types of perishable products from spoilage and keep them fresh for a longer duration, a commercial refrigeration system is used where the temperature is maintained at a level much below that of its surroundings.

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The commercial refrigeration system market is segmented based on application in food& beverage production, food & beverage retail, food & beverage distribution, and the food storage & service industry where refrigeration systems are used for commercial purposes. The refrigeration system is extensively used in grocery stores, supermarkets, convenience stores and speciality food stores. The food service industry on the other hand includes restaurants and cafeterias. Customization of refrigeration systems as per the customer’s demand is a key trend in the global commercial refrigeration system market. Expanding food retail chains mostly in tier II and tier I cities in developing regions is significantly driving growth in the commercial refrigeration system market.

The global commercial refrigeration system market is also segmented based on refrigerant types that are hydro chlorofluorocarbon (HCFC), hydrofluorocarbon (HFC), hydrocarbon (HC), inorganic which includes ammonia and carbon dioxide. The refrigerants markets which are used in refrigeration systems are expected to grow at a CAGR of 5 to 7% and fuel the growth of the global refrigeration system market. The use of refrigerants is leading to the greenhouse effect and is giving way to the use of green refrigerants in the commercial refrigeration system market.

Competitive Analysis:

Major players in the global commercial refrigeration system market include Hussmann, Dover Corporation, Ingersoll Rand PLC, Daikin, AHT Cooling System GmbH, Traulsen, Berkshire Hathaway Inc, Johnson Controls Inc, and PanasonicCorporation. Key players have adopted strategies including joint ventures along with mergers and acquisitions to expand globally and are simultaneously improving their distribution network to establish a strong market presence.

The commercial refrigeration system market is witnessing a significant uptake in the commercial sector especially due to growing hotels, restaurants and organised retail showrooms. The research report presents a comprehensive assessment of the commercial refrigeration system 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, applications, and types.

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The report covers exhaustive analysis on:

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

The global commercial refrigeration system market is segmented based on product types such as beverage refrigeration, freezers & refrigerators and transportation refrigeration. Transportation refrigeration system consists of trailer refrigeration system, truck refrigeration system, and shipping containers refrigeration system. The growth in the international food trade between nations due to change in the food consumption pattern amongst consumers is driving the demand for the transport refrigeration system.

Regional Analysis:

The global commercial refrigeration system market is estimated to grow almost twofold during the forecast period and register double-digit CAGR. North America is the dominant commercial refrigeration system market in terms of revenue share followed by APAC and Europe. Growth in the food and service industry and changing consumer preferences for dining food in North America are driving growth in the commercial refrigeration system market domestically.

The European commercial refrigeration system market on the other hand is estimated to show significant growth with rising demand for frozen food items and expansion of retail chain in this region. The commercial refrigeration system market is witnessing the increasing use of solar-powered systems and this technology is anticipated to play a major role in addressing energy scarcity issues. The utilization of advanced refrigerants and energy-efficient systems are some of the upcoming trends in the global commercial refrigeration system market. More use of commercial refrigeration systems in horticulture processes and seafood exports is expected to fuel the demand of the global refrigeration system market.

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Regional analysis includes:

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

Compact Construction Equipment Market Competitive Growth Strategies Based on Type, Applications, End User and Region

The players in the compact construction equipment market are working towards harnessing these opportunities by extending their businesses of compact construction equipment in promising markets and lucrative regions. The compact construction equipment market is, therefore, expected to witness major transformations in the forthcoming years. The key players in the compact construction equipment market are approaching the market with new strategies and an improved approach to carry out their business.

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The compact construction equipment market has been showcasing new opportunities in recent times. The players in the compact construction equipment market are working towards harnessing these opportunities by extending their businesses of compact construction equipment in promising markets and lucrative regions. The compact construction equipment market is, therefore, expected to witness major transformations in the forthcoming years. The key players in the compact construction equipment market are approaching the market with new strategies and an improved approach to carry out their business.

The construction equipment industry comprises a wide range of heavy machines which perform specific tasks for various applications. Construction equipment can be classified according to the size and capability of the construction machinery. However, there have been a few changes in their classification based on design specifications and cost-effectiveness. Compact construction equipment is an emerging term used in the construction equipment industry due to its utility advantages.

Compact construction equipment is small units that are designed to work on small commercial and residential sites. The major utility factor of compact construction equipment is their versatility and ability to perform those tasks that were earlier dedicated to heavy machinery. The main advantages of compact construction equipment are that it is low cost, lightweight, and easy to transport and operate. However, there is no industry standard to specify any requirements to be met for equipment to be categorized as compact construction equipment. This categorization is more dependent on the type of application it performs in a particular sector. Generally, track loaders, excavators, backhoe loaders, skid steers, and telehandlers are classified under compact construction equipment.

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Regional Analysis:

The compact construction equipment industry has shown a robust double-digit growth rate over the past few years. The most popular category in the compact equipment market is the track loaders with the largest market share. The skid steers market is the second most attractive market and is anticipated to experience healthy growth by 2020. Decent growth has been observed in the construction equipment market in North America and Western Europe and is anticipated to grow further due to an increase in construction and repair activities. Asia is anticipated to be the largest market for compact construction equipment by 2020.

Regional analysis includes

  • North America
  • Latin America
  • Asia Pacific
  • Japan
  • Western Europe
  • Eastern  Europe
  • Middle East & 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 an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness within the segments. The report also maps the qualitative impact of various market factors on market segments and various geographies.

The major factors driving the compact construction equipment market are an increasing preference for small-size construction equipment, affordable pricing, reliability, and improved productivity. The increasing number of new technology attachments available for compact construction equipment such as levelers, soil conditioning tools, and trenchers are also driving the growth of compact construction equipment. Also, the private user market such as sundowners or hobby farmers, and real estate developers have been contributing significantly to the increasing adoption of compact construction equipment. Volatility in fuel prices, low entry barriers, and lack of structure are the key challenges for the compact construction equipment market.

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The compact construction equipment industry thus comprises small products, can fit into smaller places, are versatile in application, and are cost-effective. Noticeable drivers of the compact construction equipment industry are mainly tied to the residential and commercial sectors. Also, rental industries are among the potential growth pockets for the compact construction equipment industry.

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, types, technology, and applications. The report covers exhaustive analysis on:

Competitive Analysis:

The changing trends from pedal operation to the use of joysticks, availability of suspension seats and air conditioners at reasonable prices, are further driving growth in the compact construction equipment market. Another emerging trend is the GPS tracking system in compact equipment which is a major attraction for rental purchasers as it helps them to safeguard their machinery against theft and track its location when needed. Self-monitoring and auto shutdown are other attractive emerging trends in the compact construction market. The major players in the market are Case, JCB, Mustang, John Deere, Volvo, Ditch Witch, Gehl, Vermeer, Caterpillar, and New Holland.