Sales of Microalgae to Increase amidst Surging Adoption in Food And Beverage Industry

As indicated by Future Market Insights (FMI), the worldwide shipment of microalgae market will reach 63,864.60 DW tons before the finish of 2021. The microalgae composts section will develop at 8.7% CAGR to arrive at deals valuation of US$ 9479 Thousand, while deals of microalgae market in food and drink fragment will top US$ 99.623.30 Mn through 2021. 

Rising utilization of microalgae proteins and ingredients in the creation of drug, nutraceutical, and hydroponics items will be a key development driver. As hydroponics and creature feed enterprises are profoundly reliant upon plant-based added substances for higher healthy benefit, interest for microalgae-based ingredients pet food is expanding. 

Recently delivered e microalgae market investigation by Future Market Insights (FMI) has conjecture the worldwide interest for microalgae to add up to 63,864.60 DW tons by 2021. The Health and clinical fragment developed radically to reach 46,125.00 DW Tons, while the microalgae market in food and drink were up to 7,651.00 DW Tons in the time of 2021. 

Repel Nutraceuticals, DIC Corporation, Roquette Frères, BASF SE, and Fuji Chemical Industries Co., among others are distinguished as top microalgae market players. Developing purchaser mindfulness with respect to medical advantages of plant-inferred proteins will push deals of microalgae through 2031. 

Key Questions Covered in the Microalgae Market Report 

  • The report offers definite experiences into microalgae request standpoint for 2021-2031
  • The market concentrate additionally features projected deals development for microalgae market somewhere in the range of 2021 and 2031
  • Microalgae market review recognizes key development drivers, limitations, and different powers affecting winning patterns and assessment of flow market size and gauge and mechanical progressions inside the business
  • Microalgae piece of the pie examination of the vital organizations inside the business and inclusion of procedures like consolidations and acquisitions, jointendeavors, coordinated efforts or associations, and others

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Microalgae Market by Category

By Species Type:

  • Spirulina
  • Chlorella
  • Dunaliella
  • Haematococcus
  • Crypthecodinium
  • Schizochytrium
  • Euglena
  • Nannochloropsis
  • Phaedactylum
  • Others

By Source:

  • Marine Water
  • Fresh Water

By End Use Application:

  • Food and Beverages Sector
  • Health and Medical Sector
  • Animal Feed Sector
  • Pet Food Sector
  • Cosmetics and Personal Care Sector
  • Fertilizers Sector

By Region:

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

Poly Cotton Fabric Market Assessment and Key Insights Analyzed Till 2030

The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Poly Cotton Fabric Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.

The team of researchers at Future Business Insights are focusing on research and market study to produce different poly cotton fabric market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the poly cotton fabric market.

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Poly Cotton Fabric Market: Key Participants

Some of the key market participants in the global Poly Cotton Fabric market, identified across the value chain include:

  • Klopman International
  • Chenniappa Yarn Spinners (P) Ltd.
  • Filtech Fabrics Pvt Ltd
  • Eveready Spinning Mills Pvt Ltd
  • SAAM Textiles Pvt Ltd
  • Keetex Corporation
  • Valson Industries Ltd.
  • Duratex India
  • Reliance Industries Limited
  • Shahlon Group

The research report on the Poly Cotton Fabric market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The poly cotton fabric market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, aircraft type, and sales channel.

Poly Cotton Fabric Market: Segmentation

The global Poly Cotton Fabric market can be segmented on the basis of material size, application and distribution channel.

Material size:

  • Less than 5 inch
  • 5-10 inch
  • 10-20 inch
  • 20-30 inch
  • More than 30 inch

Application:

  • Clothing and apparels
  • Bed Sheets and pillow covers
  • Curtains and drapes
  • Other

Distribution channel:

  • Online
  • Offline

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Queries Solved

What is the size of the overall Poly Cotton Fabric Market in the Chemicals & Materials Market and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities, and challenges of the Poly Cotton Fabric Market in the Chemicals & Materials Market, and how they are expected to impact the market?

What are the attractive investment opportunities within the Poly Cotton Fabric Market in the Chemicals & Materials Market?

What is the xyz Market in the Food and Beverage Market size at the regional and country-level?

What are the key market players focusing on?

What are the strategies for growth adopted by the key players in Poly Cotton Fabric Market in the Chemicals & Materials Market?

What are the recent trends in Poly Cotton Fabric Market in the Chemicals & Materials Market? (M&A, partnerships, new product developments, expansions)?

What are the challenges to the Poly Cotton Fabric Market in the growth of the Chemicals & Materials Market?

What are the key market trends impacting the growth of the Poly Cotton Fabric Market in the Chemicals & Materials Market?

Market Background        

Reasons to Buy the report

  • The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
  • We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

Methane Sulfonic Acid Market 2021 Development Status, Competition Analysis, Type and Application 2031

The methane sulfonic acid market value to surpass US$ 706.8Mn in 2021. The methane sulfonic acid market is anticipated to be driven by growing demand from industrial and pharmaceuticals sectors. It is likely to register a growth at 4.9% CAGR during the assessment period, from 2021 to 2031.

FMI also forecasts the global methane sulfonic acid market is expected to register year-on-year growth of 4.6% in 2021. Demand for methane sulfonic acid will surge as industries are aiming for emission control and waste reduction. Considering this, FMI has projected the methane sulfonic acid market valuation to reach US$1.13 Bn by 2031. 

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2016-2020 Methane Sulfonic Acid Market Outlook Compared to 2021-2031 Forecast 

Demand for methane sulfonic acid grew at 2.5% CAGR between 2016 and 2020. Sales prospects were dampened in 2020 due to the outbreak of COVID-19, which reduced methane sulfonic acid demand from several industries. However, in the coming years the methane sulfonic acid market is expected to bounce back as demand increases in the electronics and pharmaceutical sectors.

Increasing use of methane sulfonic acid in electroplating is projected to propel sales at 5.1% CAGR over the forecast period, from 2021 to 2031. Significant growth in the electroplating, pharmaceuticals, and chemical-biodiesel production has positioned East Asia, especially in China, as a key consumer of methane sulfonic acid.

methane sulfonic acid market
Will Demand from Electroplating and Pharmaceutical Segments Continue Driving Methane Sulfonic Acid Market? 

Production of consumer products and electronic appliances has increased and so did the consumption of methane sulfonic acid. The popularity of electronic appliances such as laptops, smartphones and other items among millennials and people of all age is expected to grow, creating prospects for application of methane sulfonic acid.

Changing lifestyle and preferences with increasing disposable income are major factors responsible for growth of the methane sulfonic acid market. Methane sulfonic acid is a key component used in electroplating done on these products. Against this backdrop, surging demand for electronic appliances will boost opportunities for sales in the market.

Expansion of the pharmaceutical industry in the last few years also has boosted the consumption of methane sulfonic acid as it is a crucial element that goes in the production of drugs.

It is used as an intermediate for various medicines. The COVID-19 outbreak was unprecedented and has given enough reasons to take care of health and wellbeing. Following the pandemic, people have become more aware about the importance of maintaining a healthy lifestyle.

Increasing production of drugs and medicines is therefore on cards, which is expected to bolster the growth of the methane sulfonic acid market in near future. Due to its superior chemical and physical properties, it is used in different processes as it does not emit toxic gases. Moreover, waste generated from this acid is recyclable hence it reduces the cost required for waste treatment.

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Methane Sulfonic Acid Market Competitive Landscape 

Key players are focusing on reducing carbon emission by increasing waste utilization in their manufacturing processes. The methane sulfonic acid market participants also are enhancing their global presence through expanding their production capacities, mergers, acquisitions, strategic collaborations, hybrid distribution channels, and partnerships. For instance:

  • In January 2020, as already announced at the end of 2018, BASF will proceed with the expansion of global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. The volumes from the additional capacity are expected to be available from the end of 2021 and are dedicated to mainly serving European customers as well as the rapidly growing Asian methane sulfonic acid market.
Methane Sulfonic Acid Market by Category 

By Grade:

  • Industrial grade Methane Sulfonic Acid
  • Pharmaceutical grade Methane Sulfonic Acid

By Product Form:

  • Solid Methane Sulfonic Acid
  • Liquid Methane Sulfonic Acid

By Application:

  • Electroplating
  • Pharmaceuticals
  • Chemical Synthesis
  • Biodiesel Production
  • Others

By Region:

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

Key Questions Answered in the Report

What is the current methane sulfonic acid market value?

What is the current market share of South Korea and Japan in the global methane sulfonic acid market?

Surge Arrester Market Latest Technology and Market Trends & Forecast – 2030

Future Market Insights upcoming report on global Surge Arrester Market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Surge Arrester Market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the Market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Surge Arrester Market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the Market players to craft their long-term strategies to maintain the competitive edge in the industry.

To receive the detailed insights about the Surge Arrester Market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Surge Arrester Market has picked up the pace.

The FMI’s recent report talks about the Market scenario in the chapter on the Covid-19 impact analysis to aid the Market players for the upcoming years. The report gives a detailed Market analysis surrounding the Market condition and its impact on the Surge Arrester Market.

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Key Questions Answered in the Report

  1. What are the key trends and challenges that will affect global Surge Arrester Market in upcoming years?
  2. What are the factors that will influence the Surge Arrester Market demand?
  3. Which region will be the most lucrative for Surge Arrester Market throughout the forecast period?
  4. How will evolving regulatory policies impact the Market growth?
  5. What is the impact of Covid-19 on the Surge Arrester Market?

Surge Arrester Market: Segmentation

Detailed analysis on the geographical region and country wise insights are offered in the latest Surge Arrester Market report with established Market players as well as incumbents in the region.

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On the basis of voltage type, global surge arrester market can be segmented as:

  • High voltage surge arresters
  • Medium voltage surge arresters
  • Low voltage surge arresters
  • B class
  • C class
  • D class

On the basis of housing type, global surge arrester market can be segmented as:

  • Polymeric
  • Porcelain
  • Silicon
  • Polymer Intermediate

Comprehensive analysis of the regional Markets offers exclusive insights on the Market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

  • ABB
  • Siemens
  • Eaton.
  • Hubbell Incorporated
  • Schneider Electric
  • CG Power & Industrial Solutions Ltd.

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important Market study including the historical revenue prospects, pricing strategy, and Marketing strategy adopted by these players in the Surge Arrester Market

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of Market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Surge Arrester Market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and Market player-centric solutions for the upcoming decade according to the present Market scenario

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Railway Traction Inverter Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2029

The automotive market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The market growth declined drastically when the manufacturing units experienced shutdowns for months and a deficiency in raw materials supply and shortage of human resources Owing to the ongoing crisis caused by the COVID-19 pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to face a swift turnaround as the economy starts to stabilize.

Future Market Insights has adopted multi-disciplinary approach to shed light on the evolution of the Railway Traction Inverter Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2018, and key prospects over the forecast period 2019 to 2029.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Railway Traction Inverter Market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Railway Traction Inverter Market.

Key Players

Railway Traction Inverter Market: Market Participants

Examples of some of the market participants in the global Railway Traction Inverter Market, identified across the value chain include:

  • Voith GmbH & Co. KGaA
  • Mitsubishi Electric Corporation
  • American Traction Systems
  • Simatex AG
  • Hitachi, Ltd.
  • Toshiba Corporation
  • Medcom
  • Alstom
  • Albiero Medha Power srl

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Segmentation

The global railway traction inverter market can be segmented on the basis of technology type, train type, capacity and sales channel

On the basis of technology type, railway traction inverter market can be segmented as:

  • SiC (Silicon Carbide)
  • Si-IGBT

On the basis of train type, railway traction inverter market can be segmented as:

  • Mainline
  • Metro
  • High Speed
  • Freight
  • Special

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Insights in the Report

  • Full in-depth analysis of the parent market
  • The analysts at FMI adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results. The study not only provides estimations and projections but also a clear evaluation of these figures on the market dynamics.
  • Important changes in market dynamics
  • The various insights in the study are based on extensive cycles of primary and secondary research the analysts engage with during research. The report covers an in-depth analysis of key changes in market dynamics in the recent past and the near future.
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

Queries Solved

  • What are the size of the overall Railway Traction Inverter Market in the Automotive market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Railway Traction Inverter Market in the Automotive market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Railway Traction Inverter Market in the Automotive market?
  • What is the Railway Traction Inverter Market in Automotive market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Railway Traction Inverter Market in the Automotive market?
  • What are the recent trends in Railway Traction Inverter Market in the Automotive market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Railway Traction Inverter Market in Automotive market growth?
  • What are the key market trends impacting the growth of the Railway Traction Inverter Market in the Automotive market?

Table of Content

  • Executive Summary
  • Market Overview
  • Key Success Factors
  • Global Railway Traction Inverter Market – Pricing Analysis
  • Market Background

Reasons to Buy the report

  • Our industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.
  • We provide detailed market segmentation, with insights and reports that other companies fail to fetch.
  • We provide the most accurate analysis of the market and its trends because the data collected are from highly reliable sources.

Automotive Engineering Services Market Overview with Detailed Analysis, Competitive landscape and Forecast to 2028

Automotive Engineering Services Market Overview

Automotive Engineering Services: Market Introduction & Market Dynamics

Automotive engineering services incorporates servicing and diagnostic of electrical, mechanical, electronics, and software systems of a vehicle. Automotive engineering services provider develop, design, fabricate, & test component of a vehicle or the whole from the concept phase to use phase. It could either be outsourced by the manufacturers or done by themselves called in-house automotive engineering services.

The demand for advanced and autonomous connectivity features is influencing innovation intensely for the automotive engineering services, in turn, changing the face of automotive industry. To be in line with the increasing demand for connectivity, vehicle manufacturers are developing and acquiring new expertise in vehicle software and electronic services, thereby, venturing into automotive engineering services field.

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In the global automotive engineering services market, telematics is considered to be the prominent growing trend owing to the expansion of vehicle testing, connected cars, and integration of AI (Artificial Intelligence), which has increased the demand for automotive engineering services. Smart infotainment, parking assist services, and vehicle diagnostic services enable more than partial control of a vehicle. Therefore, over the forecast period, the connectivity services is expected to gain significant traction in the global automotive engineering services market.

Also, day by day the number of tier-1 OEMs offering automotive engineering services is expanding. For instance, in 2018, Huawei Technologies Co., Ltd. and AUDI AG entered into a partnership to develop connectivity features for vehicles. In the first quarter of 2019, the Renault-Nissan-Mitsubishi coalition announced the launch of Alliance Intelligent Cloud that will offer connectivity services to the vehicles manufactured by MITSUBISHI MOTORS CORPORATION, Nissan Motor Corporation, and Groupe Renault. This, in turn, is stipulated to accentuate the need of automotive engineering services during the projected period.

Automotive Engineering Services: Regional Market Outlook

The swelling consumer demand for enhanced and reduced emission vehicle is expected to compel the vehicle manufacturers to redesign the exhaust powertrain system. Also, the vision of European countries to reduce the level of emission to three-fourth of the current situation is anticipated to boost the overall demand for electric powertrain. Henceforth, expanding the production of electric vehicles in the region, thereby, fueling the revenue share of automotive engineering services in Europe.

On the country level, Germany is the foundation of automotive industry and hub of the tier-1 players of automotive engineering services market, and the ongoing collaboration between engineering service providers and vehicle manufacturers is predicted to place the country on top, in terms of growth, in the global automotive engineering services market. Similar inclination towards adoption of technically enhanced products in Americas is stipulated have significant impact on the automotive engineering services market.

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Automotive Engineering Services: Market Key Players

Some of the major participants operating in the global automotive engineering services market include the following players:

  • FEV Group GmbH
  • IAV
  • Ricardo
  • AVL
  • ALTEN Group
  • Bertrandt
  • ALTRAN
  • L&T Technology Services Limited

The research report presents a comprehensive assessment of the Automotive Engineering Services market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments, such as geographies, application, and industry.

The Automotive Engineering Services report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges in the market
  • Competition & Companies involved in the market
  • Automotive Engineering Services Technology
  • Value Chain of the Automotive Engineering Services market

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The Automotive Engineering Services 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 global 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 Automotive Engineering Services 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.

World Vibrating Screen Market Are Slated To Top US$ 1.37 Bn In 2022 Increase At CAGR Of ~7% Between Forecast Period 2019-2029

Sales in the global vibrating screen market are slated to top US$ 1.37 Bn in 2022. Expanding at a healthy 7.6% CAGR, the market size is projected to total US$ 2.3 Bn by 2028. Future Market Insights (FMI), in its latest research, evaluates the vibrating screen market which includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the vibrating screen market and provides critical insights for the forecast period of 2019-2029. As per the research, the global vibrating screen market was valued at ~ US$ 1 Bn in 2018, and is estimated to increase at a CAGR of ~7% between the forecast period of 2019 and 2029.

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Upswing in mining processes to suffice the requirement for precious metals and hard rock minerals as well as in construction activities to build infrastructure assets is the messiah of pain points of the global vibrating screen market, suggests FMI. On the contrary, the growth trail will get hindered by tumbling mining operations on grounds of environmental amendments to curb carbon footprint and high attrition rate among miners due to on-site adversaries.

Vibrating screens have been hitting the mark with innovations over the years as sieving equipment in grading and screening of the required material, which would have been otherwise impossible. FMI’s study suggests that major market players are including add-ons to the existing and new equipment for better screening efficacy and elongated life-cycle.

Demand for Circular Vibrating Screens in Mining Industry to See an Upturn

Circular vibrating screens are inundating more than half of the market revenues, as per FMI’s study. The mining industry, including coal mines, and quarrying sites, is leveraging circular vibrating screens owing to their ability to classify materials with large specific gravity, large particles and great rigidity. The exciter of circular vibrating screens is mounted above the center of gravity of the screen box and the upper tip of elliptical long axis of the feeding end is positioned towards the leakage direction, which results in higher processing capacity per unit time than that of its linear counterpart.

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On the flip side, the complexity of shakers and fast-rate rotation of the two shafts in linear vibrating screens imply high fueling demands. Further, the FMI’s study finds that linear vibrating screens are chiefly utilized for classification of fine particles, light weight, and low stiffness materials, making them suitable for industries such as, building materials, chemical, and pharmaceutical.

By Segmentation:

Product Type:

  • Linear Vibrating Screens
  • Circular Vibrating Screens
  • Elliptical Vibrating Screens

Drive Type:

  • Direct Drive
  • Indirect Drive

End-use Industry:

  • Construction
  • Mining
  • Recycling
  • Others (Iron & Steel, Power, etc.)

Region:

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

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Manufacturers showing Stauncher Inclination toward Direct Drive System

As per the FMI’ report, adoption of direct drive system in vibrating screen accounts for more than 50% of the market revenues owing to the absence of gearboxes and belts in the design, which results in lesser wear and tear between the components. The direct drive system is cost-efficient as the moving parts in the operation and framework are less complicated. For noise abatement, the direct drive system comes up with simple arrangement and lesser moving components which may vibrate during mechanism. Furthermore, the reduced number of kinetic parts prevent easy loss of energy due to friction, enabling better efficacy, improved accuracy and increased life-cycle of the vibrating screen components. The indirect drive system, on the other hand, is subjected to friction between constituents including, gears, couplers, and pulleys, implying decreased efficiency and precision.

Global Magnetic Drive Pump Market Are Expected To Reach A Valuation Of US$ 807.9 Mn Through 2021 And Register CAGR At Nearly 5.3% During 2021-2031

As per newly released report by Future Market Insights (FMI), the demand of magnetic drive pump market is up by grew year-on-year (YoY) rate of 4.4% in 2021, with its shipment forecast to top 822,539 units. As per FMI, the centrifugal pump segment grew 4.2% to total 430,000 units, while the sales of positive displacement pump segment was up by 4.5% to reach 390,000 units. Expanding at a CAGR of 5.3%, sales of magnetic drive pumps are expected to reach a valuation of US$ 807.9 Mn through 2021.

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Demand for global magnetic drive pump waned in 2020 due to the outbreak of COVID-19. With the construction industry in recovery mode, the long-term outlook of the market is expected to remain positive.

Expansion of the construction and mining industries is expected to increase the demand for heavy machinery and equipment, increasing sales in the magnetic drive pump market. As per FMI, increasing application in construction and mining industries is projected to register steady growth across China, India, and Indonesia.

As per FMI’s analysis, rapid adoption of technologically advanced equipment and machinery, coupled with increasing application for water treatment activities will spur the sales. Backed by these aforementioned factors, the market is expected to surpass US$ 1.35 Bn by 2031.

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Key Takeaways:

  • In terms of pump type, the centrifugal pumps segment is projected to hold 52.6% of the total magnetic drive pump market share.
  • Applications of magnetic drive pumps are anticipated to continue rising in the water treatment and mining sector, accounting for 15.6% and 13.3%, respectively.
  • Stainless steel is expected to remain the most-preferred casing material for magnetic drive pump services
  • China is anticipated to emerge as an attractive market, capturing 40.2% of the East Asia magnetic drive pump market share.
  • Germany is projected to lead the Europe’s magnetic drive pump market, growing at a 5.1% CAGR.
  • India will continue experiencing high demand for magnetic drive pumps, capturing 31.8% of the South Asia Pacific market share.
  • Japan and South Korea will collectively account for 8% of the global market share.

“Integration of advanced technology due to focus on automation in construction and mining industries is pushing the sales of advanced magnetic drive pumps. CAPEX investments and increase in water treatment projects also are expected to provide lucrative opportunities for the magnetic drive pump market. Steered by this, some of the leading OEMs are investing in strategic alliances, partnerships and product innovations to gain competitive advantage in the global market. These partnerships will allow companies to improve their production capacity and strengthen their technical expertise,” says FMI analyst.

Competitive Landscape

The market is expected to be primarily consolidated, with key players accounting for more than half 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 shares.

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Some of the key players in the market are Ebara Corporation, Flowserve Corporation, Kirloskar Brothers Limited, ITT Goulds Pumps Inc., Iwaki Co Ltd., Klaus Union, March Manufacturing, Ruhrpumpen Inc., Sundyne LLC, Xylem Inc., PRECISION ENGINEERING CO., Grosvenor Worldwide Private Limited, GCA Energy, Magnatex Pumps, Inc., Grundfos Pumps Corporation, TEIKOKU ELECTRIC MFG. CO., LTD., ELEPON E.C.A.P. Corporation, NIKKISO EIKO Co., Ltd., etc.

Global Commercial Slush Machine Market Share by 2028: Upcoming Trends and Analysis

Commercial slush machine is used for quickly making frozen drinks and beverages. Commercial slush machines are widely used in the making of various frozen drinks such as smoothies, slushies and frozen cocktails. Commercial slush machines can also mix frozen liquids and powders with water which saves time of manual mixing. The commercial slush machine not only stores the beverage at constant low temperature but also continuously mix the contents and maintains the frozen drinks texture and taste.

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The commercial slush machine is widely used in the cafes, restaurants and bars. In the recent years the commercial slush machines are also finding applications in institutional cafeterias and canteens. Also, the commercial slush machines are getting attraction from gas stations and convenience stores for serving the thirsty customers.

Regional Outlook

Increasing urbanization in the Asia Pacific regions has led to the change in lifestyle & eating preferences. Also the increasing spending capacity has led to increase in expenditure on eating outside. Cross culture scenario in the Asia Pacific region is leading to the growth of foreign culture amongst the youth population, owing to which there is increase in spending on outside eating especially in cafes and restaurants, also the size of restaurants &  café chains is increasing in countries like India & China. Owing to the above mentioned factors Asia Pacific will be prominent market for commercial slush machines.

The regions such as North America and Europe are matured markets in terms number of cafes and restaurants, due to which North America and Europe will be sluggishly growing market for commercial slush machines. Increasing urbanization in Africa and rising tourism industry in Middle East region will jointly make Middle East and Africa a promising market for commercial slush machine. Growth in urbanization and expansion of mid-sized cities in Latin America region will make it potential market for commercial slush machine.

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Regional analysis includes,

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordics)
  • Eastern Europe (Russia, Poland, CIS)
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

By Segmentation

The global commercial slush machine market can be segmented on the basis of machine type, capacity and by end use.

The global commercial slush machine market is segmented on the basis of machine type:

  • One Tank
  • Two Tank
  • Three tank

The global commercial slush machine market is segmented on the basis of its capacity:

  • One gallon
  • Two to three gallon

The global commercial slush machine is segmented on the basis of its end use:

  • Institutional
  • Hospitality

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Key Participants

Examples of some of the market participants operating in the global commercial slush machine market are Elmeco, Chubu Corporation, Wilbur Curtis Co., The Vollrath Company, LLC, Omcan Inc., Cofrimell S.a.s, MKK, Ugolini spa, H&H Products Company, Mr.Slush, CAB SpA among others.

The Commercial Slush Machine market research report presents a comprehensive assessment of the Commercial Slush Machine 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 Commercial Slush Machine market research report provides analysis and information according to Commercial Slush Machine market segments such as geographies, application and industry

Therapeutic Robot Market Research Development, Top Companies, Trends And Growth 2019 To 2029 | PARO Robots, SoftBank Robotics, AnthroTronix, Inc., BeatBots LLC, Omron Corporation.

The market report envelopes an all-in information of the global Therapeutic Robots market and the nature of the market growth over the foreseeable period. The report provides a comprehensive elaboration of the positives and negatives of the global Therapeutic Robots market with DROT and Porter’s Five Forces analysis. With SWOT analysis, the report offers detailed insights about different players operating within the Therapeutic Robots market. In addition, the analysts of the report have served the qualitative and quantitative scrutinizing of different micro- and macro-economic factors influencing the global Therapeutic Robots market.

Key segments covered in the global Therapeutic Robots market report by Robot Type include

  • Humanoid
  • Pets

The Therapeutic Robots market report examines the consumption patter of each segment and the factors affecting the pattern. In addition, the report focuses on the production footprint of each segment in various industries and regions across the globe.

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By Type of Disorder, the global Therapeutic Robots market consists of the following:

  • Autism
  • Dementia
  • Cerebral Palsy
  • Post-traumatic stress
  • Anxiety and Phobias

The Therapeutic Robots market report helps the readers grasp the changing trend in the industry supply chain, manufacturing techniques and expenses, and current scenario of the end uses in the global Therapeutic Robots market.

Prominent players covered in the global Therapeutic Robots market contain

  • PARO Robots
  • SoftBank Robotics
  • AnthroTronix, Inc.
  • BeatBots LLC
  • Omron Corporation
  • Sony Corporation

All the players running in the global Therapeutic Robots market are elaborated thoroughly in the Therapeutic Robots market report on the basis of proprietary technologies, distribution channels, industrial penetration, manufacturing processes, and revenue. In addition, the report examines R&D developments, legal policies, and strategies defining the competitiveness of the Therapeutic Robots market players.

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The Therapeutic Robots market analyses the following important regions:

  • 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 Therapeutic Robots market report answers the following queries:

  1. Why consumers are highly inclined towards the consumption of segment in the Therapeutic Robots market?
  2. What are the opportunities available for players operating in the global Therapeutic Robots market?
  3. Which trends have the maximum impact on the growth of the global Therapeutic Robots market?
  4. Why region leads the global Therapeutic Robots market?
  5. What are the drivers and restraints affecting the market size of the global Therapeutic Robots market?

What the report encloses for the readers:

  • Critical insights of each segment, including volume growth outlook, and demand & supply pattern.
  • A to Z of each player – positives & negatives, current status, future developments – of the global Therapeutic Robots market.
  • Detailed information regarding the trends influencing the growth of the global Therapeutic Robots market.
  • In-depth assessment on the utilization of Therapeutic Robots in each end use industry.
  • Historical data and future growth outlook of the global Therapeutic Robots market.

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