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A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at a CAGR over 3.7% between 2021 and 2031. Key factors influencing the growth of industrial noise control market include,

Growing awareness of harmful levels of industrial noise Increasing emphasis on the protection of workers and employees from noise pollution Stringent environment regulation related to industrial noise control Incorporation of integrated noise control technologies in advanced industrial machinery

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The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.

Polymer & Composites Remain Preferred Materials

The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Vibration Isolation Units Highly Sought-After

The FMI study finds that over 8 in 10 industrial noise control units sold by 2020 were equipped with vibration isolation unit. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units are highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2020 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, FMI study finds that flexible noise control units accounted for the second highest sales during the forecast period.

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Industrial Noise Control Utilization in Internal Application Prominent

The FMI study estimates that demand for industrial noise control units for internal noise control application remained higher as compared to the application in external noise control. Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at a CAGR of over 3.9%.

Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

According to the FMI study, the manufacturing sector remains a prominent end user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.

Keeping the noise within the OSHA levels in the different manufacturing sector is pivotal in ensuring health and wellness of employees.

Noise Control System Market: Taxonomy

Product Type

Acoustic Panels Acoustic Tiles Sound Curtains Acoustic Surface Sound Insulating Flooring Sound Barrier Walls Baffles Sound Blanket Sound Doors

Material Type

Fiberglass Wood Plastic Sheets Concrete Other

Application

Residential Noise Control System Industrial Noise Control System Commercial Noise Control System

Regions

Asia Pacific Excluding Japan (APEJ) North America Latin America Western Europe Eastern Europe MEA Japan

Demand in East Asia Continues to Surge, Europe Represents Second Largest Market

As per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2020. In terms of sales volume, Europe followed East Asia and collectively.

China in East Asia remains leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for considerable bulk of regional demand in 2020.

While the growth prospects seem steady for the industrial noise control market, development of advanced industrial machineries integrated with noise cancelling technologies and sound or vibration absorbers can impede the market growth in the future.

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The FMI report tracks the industrial noise control market for the period 2021-2031. According to the report, the industrial noise control market is projected to grow at 3.9% volume CAGR through 2031. For more insights, write into FMI analysts at press@futuremarketinsights.com

A new study by Future Market Insights (FMI) finds that industrial noise control market is expected to grow at a CAGR over 3.7% between 2021 and 2031. Key factors influencing the growth of industrial noise control market include,

A new market research study by Future Market Insights on the industrial robotic motors market contains global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the industrial robotic motors market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global industrial robotic motors market is anticipated to experience substantial growth over the forecast period, due to multiple driving factors such as high demand for robots across end-use industries, the rapid growth of automation, and implementation of global energy-efficient norms.

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The global industrial robotic motors market was valued at ~US$ 680 Mn in 2018 and is projected to increase at a CAGR of ~ 13% during the forecast period. This growth is significantly driven by the progressing automation in factories, installation of robots in a wide spectrum of service applications including healthcare, agriculture, and defense, and implementation of modern robotic solutions.
The ongoing need for non-delay operations in several industries, in the view of rising product demand and shrinking workforce, has led to an incessant rise in the adoption of robotic technology, and the result is likely to lead to an increased demand for industrial robotic motors, according to the FMI analyst.

East Asia Continues to Offer Considerable Growth Opportunities

Growth prospects of the industrial robotic motors market are high in East Asia. The market in China has particularly been on a significant rise because robots are being incorporated in solutions as well as services. The substantial growth of the robot industry has been an eminent factor in the enhancement of industrial robotic motors in different sectors for South Korea.

The rapid decrease in the workforce and the restricted influx of immigrants provide a strong incentive for robotics in Japan. The inclination of these countries toward industrial robotic motors, fueled by major technology developments, is amplifying the market. In terms of growth, South Asia & Pacific region is estimated to project maximum growth rate in the coming years, owing to rapidly increasing automation in several manufacturing industries actively operating in the developing countries.

Market Growth Underpinned by Rapid Adoption of Robotics Across Numerous Industrial Sectors
The global industrial robotic motors market has been segmented based on the different types of motors, Robots, Fit types, and regions such as East Asia, South Asia Pacific, Europe and the Middle East & Africa, and the Americas.
• Servo motor, under the motor category is expected to have the paramount share of the market in the upcoming years. The segmental growth is followed by DC and stepper motors for handling certain procedures including pick and place where accuracy is not a prior parameter taken into consideration in the manufacturing operation.
• Based on the robot, the articulated robot is expected to account for a prominent share of the global industrial robotic motors market. This line of growth is followed by SCARA, Cartesian/Gantry, Dual arm, Collaborative and Delta robots respectively which are expected to have a fair portion in the market development.

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• Based on fit type, the first fit segment is expected to have a dominant share in the industrial robotic motors, owing to the increasing rate of new installation of robots across the globe. The estimated life span of a motor used in industrial robots is around 5 years, therefore the retrofit segment is expected to account for a minimal in the market.
Key Segments

By Motor Type
• Servo Motor
• DC Motor
• Stepper Motor

By Robot Type
• SCARA Robot
• Delta Robot
• Cartesian/Gantry Robot
• Articulated Robot
• Collaborative Robot
• Dual Arm Robot

By Fit Type
• First Fit
• Retro Fit

By Region
• Americas
• EMEA
• South Asia & Pacific
• East Asia

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Industrial Robotic Motors Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global industrial robotic motors market. A few examples of key players in the market are Nidec Corporation, FAULHABER Group, PMDM Group, HDD, Aerotek Corporation, Kollmorgen, Fanuc Corporation, ABB Group, and Kawasaki Heavy Industries among others. The global industrial robotic motors market is considerably dominated by prominent market participants. These players are indulging in strategic collaborations, alliances, mergers, and acquisitions. For instance, Nidec Corporation announced its establishment to form a joint venture to manufacture automotive traction motors with a subsidiary of China-based Guangzhou Automobile Group Company.

For additional insights on the Industrial Robotic Motors landscape, write to the analyst at press@futuremarketinsights.com

The Europe wood pellet heating systems market was valued at ~US$ 4.7 Bn in 2018, and is estimated to increase at a CAGR of ~3% during the forecast period of 2019-2029. This growth is majorly driven by the increasing consumption of wood pellet heating systems in commercial, residential, as well as industrial sectors.

1. The Europe wood pellet heating systems market was valued at ~US$ 4.7 Bn in 2018.
2. The wood pellet heating systems market is expected to grow at a CAGR of ~3% during the forecast period of 2019-2029.
3. Operational efficiency & economic benefits ensure high demand for wood pellet heating systems.
4. Collectively, Italy and France markets are estimated to account for ~50% of the sales in the wood pellet heating systems by the end of 2029.
   • Italy is expected to be the key revenue maker for wood pellet heating systems, owing to government subsidies and incentives for installation of biomass heating systems.
5. Commercial sector is expected to remain a prominent investment area for wood pellet heating systems market players.
   • Noteworthy application potential of wood pellet heating systems has been identified in heat and energy generation purposes.

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With the emergence of smart technologies and convenience trends among consumers, manufacturers of wood pellet heating systems are focused on incorporating advanced control panels and add-on features to their products to maintain innovation supremacy in the market, according to FMI’s analysis.

A new market research report by Future Market Insights on the wood pellet heating systems market includes Europe industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the wood pellet heating systems market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the Europe wood pellet heating systems market is expected to experience substantial growth during the forecast period due to multiple driving factors, such as smart technologies & mobility heightening attractiveness of wood pellet heating systems over conventional ones and limited emission of air pollutants.

Rising Market Attractiveness of Nordic Countries

Italy is projected to hold significant value share in the Europe wood pellet heating systems market due to rising prices of fossil fuels and federal environmental sustainability strategies. However, the Nordics region, followed by Benelux, is expected to project lucrative growth in the Europe wood pellet heating systems market during the forecast period of 2019-2029. Denmark market is estimated to be prominent in Nordics, by holding ~20% of the market value share, and is expected to remain prominent till 2029.

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Commercial Sector – Key End-use Area of Wood Pellet Heating Systems

The Europe wood pellet heating systems market has been segmented on the basis of product, end use, and countries such as Germany, Italy, France, the U.K., Spain, Nordics, Benelux, Russia, and Rest of Europe.

• On the basis of product, wood pellet stove is estimated to hold significant shares of the Europe wood pellet heating systems market in terms of value. By the end of 2029, sales of wood pellet boilers are likely to take over the stove variants.
• By end use, the residential sector is projected to hold significant share of the Europe wood pellet heating systems market. Residential adoption of wood pellet heating systems is expected to be prominent across all countries, owing to the increasing inclination towards biomass heating systems, advanced technologies, and optimum efficiency of wood pellet heating systems over conventional systems. However, the usage in industrial sector, followed by commercial, is expected to grow at a high CAGR.

Wood Pellet Heating Systems Market: Vendor Insights

The report lists some of the prominent market players, who are recognized as leaders in the Europe wood pellet heating systems market. Some of the key players in the Europe wood pellet heating systems market are

• Ferroli S.p.A., BioCurve, ÖkoFEN Research and Development Ges.mbH, Linea Trovata, HAAS + SOHN OFENTECHNIK GMBH, Erwin KOPPE – Ceramic Heaters GmbH, Fröling GmbH, Biotech Energietechnik GmbH, KWB – Kraft und Wärme aus Biomasse GmbH, Gilles Energie- und Umwelttechnik GmbH & Co KG, Solarfocus GmbH, Windhager Zentralheizung GmbH, Guntamatic Heiztechnik GmbH, ETA Heiztechnik, HARGASSNER GmbH, and Burkhardt GmbH.

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The Europe wood pellet heating systems market is considerably fairly fragmented with some players holding prominent shares of the market. These players are offering Wood pellet heating systems under several brands.

For additional insights on the wood pellet heating systems landscape, write to the analyst at press@futuremarketinsights.com

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

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

COMMERCIAL REFRIGERATION EQUIPMENT MARKET KEY TAKEAWAYS

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

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

Chinese Players Striving to Win Home Market​

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

Competition Trends

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

COMMERCIAL REFRIGERATION EQUIPMENT MARKET TAXONOMY

The global commercial refrigeration equipment market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Product

• Beverage Refrigerator
  • Drinking Fountain
  • Soda Fountain
  • Beer Dispensing Equipment
  • Beverage Coolers
• Freezers & Refrigerators
  • Freezer & Chillers
    • Blast Chiller/Stock Freezers
    • Contact Freezers
  • Refrigerators
    • Walk-in-Refrigerators
    • Reach-in Refrigerators
• Transportation Refrigerators
  • Trailers
  • Trucks
  • Shipping Containers
• Glass Door Merchandizers
  • Hinged Door
  • Sliding Door
• Display Cases
  • Ice Cream Cabinets
  • Bakery/Deli Display
• Beverage Dispensers
• Refrigerated Vending Machine
• Ice Machine
• Ice Cream Machine

By Application

• Food Services
• Food & Beverage Retail
• Food & Beverage Production
• Food & Beverage Distribution

By Region

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

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Learn More About What the Report Covers

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

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

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

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While the growth projections for scissor lifts market remaining strong, the ongoing COVID-19 pandemic crisis is anticipated to cause a minor strain in demand. Disruptions witnessed in manufacturing units and supply chain networks due to shutdowns in a number of countries are expected to affect the consumption of Scissor Lifts. However the market is expected to recover in year 2021.

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

Key Takeaways from Scissor Lifts Market Study

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

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

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What’s the Future Outlook?

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

Who is winning?

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

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

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

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

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About Industrial Automation Division at Future Market Insights

The Industrial Automation & Equipment division at FMI adopts a novel approach and innovative perspective in analyzing the global machinery and industrial automation market. A range of FMI’s market research reports offer comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery used across manufacturing sector. The team also conducts distinctive analysis about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as budding industry

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