Concrete Placing Booms Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Concrete pumping machine is one of the crucial machinery in modern construction industry. The liquid concrete is pumped/ transferred in construction site by piping is realized mainly by three types of concrete pumping units which are concrete placing boom, line pump (stationary pump) and truck mounted boom pump. Truck mounted booms pumps are employed at large construction sites owing to its pumping capability and also saves time as well as labor cost. Line pumps are used in smaller construction sites line pumps are comparatively slower and require manual labor as well.

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A separate concrete placing booms are used in sites where the application of truck mounted booms pumps is not convenient such as if the concrete pumping is to be done at a height where the boom pumps failed to achieve or the job site area is too large to operate through line pump or truck loaded boom pumps. In the large infrastructural projects such as bridge use of stationary pumps is inconvenient. To overcome this challenge Concrete placing booms are ideally used for large construction sites by means of tower cranes for concrete pumping at necessary locations.

There are various concrete placing booms available in the market according to various types of concrete placing booms are available in the market cater demand from specific requirements of construction industry. The types of concrete placing booms includes ship-mounted, floor-mounted, stationary, rail-mounted, and self-climbing concrete placing boom. Mobile models combine excellent mobility, high utilization, wide application, high safety and reliability, easy transportation by means of a crane.

The concrete placing booms are generally a structure on a pedestal or a rotating platform which may be located hundreds of feet from the point of action and connected with a pipeline system. The application on concrete placing booms with adequate concrete placing booms can be of great operational help in construction job sites and provide high-quality concrete distribution and improve the working efficiency.

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Regional Outlook

The Asia Pacific Is expected to exhibit high demand for the Concrete Placing Booms Market owing increase in infrastructural developments in countries such as China, India is anticipated to contribute to the regional demand of concrete placing booms at a significant level. Developed countries of Europe are expected to experience a moderate level of growth whereas the U.S. is expected to observe a higher growth as compared to Europe. During the forecasted period, MEA is also expected to hold a major share in the global Concrete Placing Booms Market and is expected to behold it even in the forecast period owing to rising investment in construction industry. Rest of the world is estimated to account for a relatively small share of the concrete placing booms market.

Regional analysis includes:

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

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:

Based on the length, the Concrete Placing Booms Market can be segmented as follows:

  • Less Than 30 Meter Class Concrete Placing Booms
  • 30 To 40 Meter Class Concrete Placing Booms
  • 41 to 50 Meters Class Concrete Placing Booms
  • More than 50 Meters Class Concrete Placing Booms

Based on the End Users, the Concrete Placing Booms Market can be segmented as follows:

  • Mining
  • Energy and Power
  • Tunnelling
  • Construction

Storm Water Cleaning Services Market Competitive Growth Strategies Based on Type, Applications, End User and Region Post

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

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

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

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

Region-wise Outlook:

North America is estimated to witness relatively steady growth in the global storm water cleaning services market, owing to stringent government regulations, increasing spending, and growing awareness among end users for these resources. Furthermore, Europe is expected to register substantial growth over the forecast period in the global storm water cleaning services market, due to increase in urbanization, presence of global companies, and ever growing awareness. Asia Pacific, with increasing construction and urbanization, is further estimated to register substantial growth in the storm water cleaning services market during the forecast period. Moreover, increasing services and maintenance for storm cleaning across Middle East & Africa and Latin America are expected to further fuel the global storm water cleaning services market.

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Regional analysis includes:

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

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.

By Segmentation:

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

On the basis of service type, the global storm water cleaning services market is segmented into:

  • Root Cutting
  • Hydro-excavation
  • Vacuum Loading
  • Water jetting
  • Others

On the basis of application, the global storm water cleaning services market is segmented into:

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

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Market Participants:

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

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

Sputtering Targets Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Sputtering Targets are materials which are used for vapor deposition technique to get thin film on the substrate material. Substrate materials are objects to be get coated and they can be anything such as solar cells, semiconductor wafers, and optical components. Whereas thin film formed on the substrate material improves mechanical properties of it and this achieved mechanical properties depends on used targeted material. To achieve desirable properties on the substrate material, sputtering targets should be manufactured with very well predefined condition and Ideal fabrication method.

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Sputtering technique is carried out in enclosed vacuum chamber with filled plasma gas, cathode, and anode. Whereas cathode is used for producing plasma gas and also act as target material.

On the other hand this target material is bring into play for getting coating on substrate. When gas atoms become positive charged ions then they get adhered on the targeted material with high speed results in generation of vapor stream which forms a thin film on substrate material.

For getting uniformed thickness on substrate material it is very necessary that prior to the starting substrate material should be very clean. Apart from getting uniform thickness over the substrate material sputtering targets are used for getting high adhesive strength and improved mechanical properties.

Regional Outlook

South East Asia is identified to be a major regional market consisting of electronic hubs in Mainland China, Taiwan, Japan and South Korea. India is being touted as an emerging market in the subsequent years. Apart from the region, Europe also holds a significant share with countries Western Europe contributing to the same. North America is projected to be a market of decent growth along with South East Asia and Europe.

Regional analysis includes:

  • North America (U.S)
  • Latin America
  • India
  • China
  • Europe
  • Japan

This research report involves historic, contemporary data about sputtering targets global market. This report evaluates all necessary information regarding sputtering targets global market by Region wise, Dynamics, Segmentation, and others.

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By Market Segmentation

The global Sputtering Targets market can be segmented on the basis of types of material, application, shapes, Depending on processing technique, Thickness

Material:

  • Pure Metal Targets
  • Alloy Targets
  • Compound Targets
  • Oxide Targets
  • Isotope Targets

Application:

  • Aerospace and Defense
  • Electronics and Semiconductors
  • Glass Coating
  • Solar Cell Coating
  • Solid oxide fuel cells
  • Data Storage

Technique:

  • Hot isostatic pressing
  • Cold isostatic pressing
  • Induction Vacuum melting
  • Vacuum Casting

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By Key Participants

Major companies who are key participants in the global Sputtering Targets market, identified across the world are:

  • H.C Starck(Germany)
  • Mitsui Mining and Smelting(Japan)
  • Sino Risingtech Material(China)
  • Semicore Equipment
  • Sino Santech Materials Technology Co., Ltd
  • Testbourne Ltd(UK)
  • Gfe Metalle and Materialien GmbH.(Germany)
  • Super Conductor Materials Inc. (Stuffern NY)
  • Tosoh Corporation(Japan)

Building Automation Systems Market To Grow At Healthy 7.8% CAGR During 2021-2031

Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligencemachine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market to grow at a healthy 7.8% CAGR between 2021 to 2031. After buckling the impacts of the unprecedented COVID-19 outbreak, the global building automation systems market experienced year-over-year growth by 7.0% between 2020 and 2021.

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

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

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

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

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Key Takeaways:

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

By Segmentation:

By Product Type:

  • Hardware
  • Software
  • Services

By System Type:

  • Security & Surveillance
  • HVAC
  • Lighting Solutions
  • BEMS (Building Energy Management)

By Application Type:

  • Commercial
  • Residential
  • Government

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa

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Competitive Landscape

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

Sirens Market Assessment and Key Insights Analyzed Till 2027

Increasing threats and accidents in developing economies have led to a rapid increase in the number of victims and a loss of potential business. Adoption of security solutions, such as sirens is an effective way of tackling these challenges. Motorized sirens are used for home security, whereas long range sirens are suitable for mining and industrial applications. Hand operated sirens are used when no power supply is available or when backup is required.

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Other sirens are hydraulic or air driven and mostly find applications in plants and factories. Lithium batteries have replaced alkaline batteries in sirens now, since lithium batteries need not be replaced for several years. Modern sirens use latest technologies and find applications in civil defense, emergency vehicles, security systems and others. Typically, sirens are made of stainless steel, aluminum or UV stabilized polycarbonate to avoid corrosion and are equipped with protection cages. An LED flashing siren has a light source with a semi-permanent lifespan and it is used in places where bulb replacement is a problem.

Some additional features of sirens include a solar panel upgrade system to keep the batteries charged and a number of digital communication methods, including Ethernet, satellite, IP, fiber optic and others. Sirens have conformal coatings on their electronics, which help protect them against harsh environments. Some of the systems are made in such a way that they can be expanded or scaled depending on future capabilities.

Omni-directional sirens can be used in areas of high noise levels and those with large population densities as they provide a greater area of coverage. Sirens have external controls with triggers, which can be customized according to needs. The lightening types of sirens include bulb revolving, LED flashing and xenon lamp strobe. The loud speakers in sirens are adopted from latest piezoelectric ceramic technology.

Region-wise Outlook

In the global sirens market, the dominant share is held by the U.S., India, China, Japan, Australia, Germany, Singapore and the UAE. This can be attributed to the demand for security solutions in developed as well as developing economies.

The regional analysis includes:

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

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

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Market Participants

Some of the key market participants identified in the global siren market are Acoustic Technology Inc., Sentry Siren Inc., MA Safety Signal Co. Ltd, Whelen Engineering Co. Inc., Federal Signal Corporation, B & M Siren Manufacturing Co., Projects Unlimited Inc., Phoenix Contact, Mallory Sonalert Products and Qlight USA Inc.

By Segmentation

Segmentation of the global siren market by product type:

  • Electronic
  • Electro-mechanical
  • Rotating
  • Single/dual toned
  • Omnidirectional

Segmentation of the global siren market by application:

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

Segmentation of the global siren market by installation type:

  • Wall mounting
  • Self-standing
  • Water proof connector

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Rising population and rapid urbanization have led to an increase in demand for security solutions. The need for implementation of security has paved way for the use of electronic equipment on a large scale globally, which in turn has created opportunities for the global sirens market. As these products are durable with a high voltage capacity and easy to install, they find high selling propositions. Characteristics and properties of electronic and pneumatic equipment play a vital role in security solutions, thereby driving the global sirens market with a rise in diverse end-user applications, such as industrial warning systems, community warning systems, campus alert systems and military mass warning systems.

Optical Spectrum Analyzer Market Is Anticipated Grow At 5.5% CAGR During Forecast Period 2020-2030

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

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

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

Some of the key takeaways from the report are highlighted below

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

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

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COVID-19 Impact Analysis

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

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

Despite facing slower growth rate due to COVID-19 pandemic in the recent year, the market is soon likely to recover, creating ample opportunities for the companies operating therein. FMI offers an exhaustive overview of the optical spectrum analyzer market, its growth drivers, and restraints.

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Competitive Analysis:

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

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

Global Ceiling Cassettes Market Assessment and Key Insights Analyzed Till 2028

Ceiling Cassettes are employed in the heating, ventilation, and air conditioning (HVAC) systems to provide exceptional coverage, and they are energy efficient. Ceiling Cassettes are used in a huge array of applications, such as residential, commercial and industrial. As the name suggests, ceiling cassettes are wall mounted and can be customized as one-way, two way or four-way, according to requirement. Further, ceiling cassettes are classified to their product type which could be either ductless ceiling cassettes or ducted ceiling cassettes.

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With adverse changes in climate, and need to pace up the energy saving requirements proposed by the UNFCCC (United Nations Framework Convention on Climate Change), there has been increasing demand of HVAC systems that can offer both high performance and comfort. Contractors and manufacturers are aiming to introduce compact and lightweight products for easy installation and maintaining a comfortable environment.

Ceiling cassette market is expected to be driven by a number of government organizations that are taking initiatives to develop smart cities with efficient and ecological climate control. In addition, the rising use of smart technology and IoT is helping countries adopt the smart city concept. With the inclination towards the development of smart cities, construction activities will increase, which will lead to the growth of the smart home solutions market, and consecutively driving the demand for ceiling cassettes. Increasing building automation is another factor contributing towards the growth of the ceiling cassettes market. Integration of other technologies such as Bluetooth and RFID for HVAC system control could create growth opportunities for the ceiling cassettes market.

On the flip side, the lack of resources and technological awareness could hinder consumer transition from using a simple conventional air conditioner to smart air conditioner, thereby challenging the demand for ceiling cassettes.

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Regional Overview

Geographically, the Ceiling Cassettes market is segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, India, Middle East and Africa, and South East Asia and Pacific. China, being the electronics manufacturing hub, leads the ceiling cassettes market. The South East Asia and Pacific market is expected to follow China in terms of its market growth rate, during the forecast period. The growth in the SEA and India market is attributed to the rising maturity in the electronics industry.

North America and Western Europe are expected to witness significant demand over the forecast period owing to the implementation of a number of energy efficiency legislation and programs. Also, replacement and retrofit of ceiling cassettes are expected to contribute towards the growth of the ceiling cassettes market in developed countries. Moreover, tropical regions, such as the Middle East and Africa to see the notable demand for HVAC systems due to global warming, thus driving the demand for ceiling cassettes in the region.

Regional analysis includes:

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

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

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By Market Segmentation

On the basis of product type, the global Ceiling Cassettes market has been segmented as:

  • Ducted Ceiling Cassettes
  • Ductless Ceiling Cassettes

On the basis of capacity, the global Ceiling Cassettes market has been segmented as:

  • Below 5.8 kW
  • Between 5.8 to 14 kW
  • Above 14 kW

On the basis of application, the global Ceiling Cassettes market has been segmented as:

  • Residential
  • Commercial
  • Healthcare
  • Hospitality
  • Retail and offices
  • Others
  • Industrial

Global Hand Tools Market To Reach ~US$ 25.6 Bn By The End Of 2031

This growth trend is expected to continue in the next few years as a result of the growing number of new construction and renovation activities around the world. Hand tools Market are required components that are implemented in a variety of applications such as Industrial, household, and do-it-yourself (DIY) projects. Eventually, the growth in construction sector will lead to remunerative growth in the demand for hand tools Market.

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

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

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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.

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.

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Competitive Analysis:

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

India Power Tools Market Is Anticipated To Register Healthy CAGR Of 8.9% In Terms Of Value Over Between 2016–2026

Power tools utilise a power source mechanism, which is different from the ones used for manually operated tools. Power tools are used for construction and gardening, household tasks, for drilling, cutting, shaping, sanding, grinding, routing, polishing, painting and heating. India power tools market is anticipated to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume over the forecast period (2016–2026). Growth of the power tools market in terms of revenue is attributed to various factors, regarding which FMI offers detailed insights in the report.

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Robust development in the industrial sector and growing automotive sales are key factors driving growth of the India power tools market. Moreover, increasing consumer confidence index (CCI) in India is projected to play a key role in escalating demand for power tools in the India market. Emergence of a variety of cost-effective, durable and multi-functional power tools is anticipated to fuel demand in future. In addition, shifting consumer behaviour toward DIY hacks is also expected to boost demand for power tools in India.

Professional power tools will continue to gain traction, and major shift from nickel-cadmium to lithium-ion powered tools will create new opportunities for power tools manufacturers in the country.

However, increasing import of power tools from China may negatively impact market share of domestic and international players in the India power tools market.

The India power tools market is expected to witness increasing demand for industrial power tools as compared to household power tools. Industrial power tools segment is anticipated to contribute over 55.8% in terms of revenue to the market; whereas household power tools segment is expected to account for 44.2% in terms of value share by end of 2016.

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Low operational costs and ease-of-use will continue to drive electric power tools segment, which is anticipated to dominate the India power tools market till 2016 end. Pneumatics and others segments are projected to collectively contribute over 46% in terms of value share to India power tools market in 2016.

The markets in South India and West India represent highest penetration of power tools, owing to concentration of a large number of industries. South and North India markets are expected to expand significantly in terms of revenue as compared to moderately thriving East India and North India markets.

Key Segments

By End-use:

  • Industrial Power Tools
  • Household Power Tools

By Mode of Operation:

  • Electric
  • Pneumatic
  • Others

By Country:

  • North India
  • South India
  • East India
  • West India

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Key Players:

Major global players in the India power tools market include Atlas Copco AB, Snap-on International, Techtronic Industries Co. Ltd., Danaher Corporation, Actuant Corporation and SKF AB. Key regional players include Stanley Black & Decker, Hitachi Koki Co. Ltd., Makita Corporation, Robert Bosch GmbH and Kulkarni Power Tools.

Reverse Osmosis Pump Market To Rise At A CAGR Of 8.9% From 2021 – 2031

The market exhibited impressive 8.7% year-on-year growth between 2020 and 2021. It is projected to surpass a valuation of US$ 14.3 Bn by 2031. As per reverse osmosis pump market insights, sales of centrifugal pumps will remain high, accounting for over 71% of revenue generated through 2031.

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Growing need for reverse osmosis pumps in the residential and commercial sectors has led to increasing demand in the market. Oil and gas, power generation, and manufacturing industries are exhibiting for reverse osmosis pumps.

FMI predicts healthy growth in the oil and gas industry in economies such as China, India, the Middle East, and Africa. Expansion of the industry will create prospects for growth in the market. This is because reverse osmosis pumps are used for ensuring accurate and repeatable transportation and filtration to minimize total dissolved solids (TDS) in oil and gas applications.

Desalination plants around the globe are leading customers of high capacity, high-end reverse osmosis pumps. Reverse Osmosis (RO) systems are widely accepted on offshore platform and vessels to provide low TDS (total dissolved solids) water for better oil recovery.

Water filtration is imperative for the commencement of industrial processes. Considering this, the demand for reverse osmosis pumps have considerably risen in recent years. To meet the increasing demand, manufacturers are planning to build new manufacturing units or expand existing infrastructure and production capacities.

Demand for reverse osmosis pump slumped in 2020 due to the COVID-19 pandemic. However, the filtration unit of the domestic and commercial segments of the market were not impacted hard owing to requirements for drinking water on a global scale. Despite the risk of stimulus for bottled water in many countries, the market’s long-term outlook remains optimistic.

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Key Takeaways from Market Study

  • Centrifugal reverse osmosis pump will hold over nine tenth of the market share in 2021.
  • Booster pumps are projected to hold over four-fifth of the overall market share as the leading pump type by 2031-end.
  • The market in the India is projected to expand at a CAGR above 15%, supported by investments into industrialization.
  •  The U.S. market is projected to grow at a CAGR nearly 6% CAGR through 2031, supported by presence of mature manufacturing infrastructure and water filtration sector.
  • The markets in China and Turkey are set to surge at around 7% CAGR over the next ten years, driven by the rising demand from industrial end users.

“Investments in municipal water and wastewater sectors in emerging countries are projected to grow at higher pace as compared to developed countries, owing to higher scope for economic growth, demographic changes, and the need to catch up with basic infrastructure requirements, which will drive reverse osmosis pump sales through 2031,” says a Future Market Insights analyst.

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By Segmentation:

By Technology Type:

  • Centrifugal Pump
    • Single Stage
    • Multi Stage
  • Diaphragm Pumps

By Pump Type:

  • Booster Pump
  • Delivery/Demand Pumps

By Flow Rate:

  • 0.1 to 0.5 GPM
  • 0.5 to 1 GPM
  • 1.1 to 5 GPM
  • 5 to 20 GPM
  • 20 to 100 GPM
  • 100 to 500 GPM
  • 500 to 1000 GPM

By Application Type:

  • Domestic & Commercial
    • Filtration Units
    • CounterTop Filter Cum Demineralizer
  • Industrial RO Filtration Unit
    • Manufacturing
    • Oil and Gas
    • Power Generation
  • Seawater Desalination Unit

By Sales Channel:

  • Online
  • Offline

By Region:

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