Painting Robots Market Will Register Growth At 10.1% CAGR In 2021-2031.

[350 Pages Report] Global painting robots market to exhibit year-on-year (YoY) growth of 8.3% to total US$ 2.9 Bn in 2021. As per the study, the demand for robotic arms will increase by 8.8% CAGR between 2021 and 2031, giving tailwinds to the painting robots market growth.

Overall sales of painting robots will grow by 10.1% CAGR between 2021 and 2031. East Asia and Europe are likely to account for over half of global demand for painting robots through 2031.

Driven by high demand in the U.S., Germany, and Japan, the painting robots market is expected to represent nearly 7% of the global industrial robots industry in 2021.

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Painting Robots Market – Sales in 2016 to 2020 Vs Projections for 2021 to 2031

Between 2016 and 2020, the global painting robots market size expanded at a CAGR of over 2.4%. The robots market is complicated, with a wide range of possibilities. Organizations are providing value to the market by focusing on certain end applications, supplying various types of robots, modules, subsystems, tools, or providing services.

Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. An important step in analysing the potential for robotics and painting robot technology is to provide a consistent categorisation of the potential in each type of market.

In the coming years painting robots market will continue gaining from application across diverse industries, from transportation to construction. Steered by this, the market will register growth at 10.1% CAGR in 2021-2031.

Key Market Segments Covered

By Type:

  • Pedestal Robots,
  • Robotic Arms,

By Payload:

  • Upto 5 Kg,
  • Upto 15 Kg,
  • Upto 45 Kg,

By Function:

  • Painting
    • Waterborne,
    • Solventborne,
    • UV Cured,
  • Painting, Spraying & Coating

By Reach:

  • Upto 1,000 mm
  • Upto 1,500 mm
  • Upto 2,000 mm
  • Upto 2,500 mm
  • Upto 3,000 mm

By Configuration:

  • 6 Axis
  • 7 Axis

By Application:

  • Atomizer
  • Air Gun

By End Use Sector:

  • Transportation
    • Automotive
    • Railways
    • 2 & 3 Wheelers
    • Aerospace
  • Consumer Appliances
  • Foundry & casting
  • Furniture
  • Textiles
  • Construction
  • Heavy Engineering Equipment
  • HVAC & Refrigeration
  • Sanitaryware
  • Others

By Region:

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

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Painting Robots Market – Competitive Landscape

Painting robots market is highly consolidated with the top players holding nearly 75-80% of the global market share. The market participants are vying to expand their geographical footprints and working closely with automotive OEMs.

  • In Aug 2021, Mexico, Dürr AG developed a high-tech paint facility for Ford Motor Company in order to handle a new car that Ford will be constructing. Dürr built the full paint shop, including low and high viscosity material supply systems, robotic paint and sealer application equipment, and other process automation technology.
  • In April 2021, Kuka AG signed a 100 year partnership with Daimler automotive group. The collaboration will enable the automotive company to use all of Kuka’s products and solutions at various locations.

Painting Robots Market – Category-wise Insights
Which is the Top-selling Painting Robots Type?
Robotic arms are expected to account for 60% of the global painting robots sales. Precision and accuracy are two of the most important advantages of a robotic arm in the workplace.

Robots follow their programming exactly, with no variations, resulting in higher precision and accuracy. Robotic arms help companies expand their production capacity. They also work more quickly and precisely than any human employee. As a result, they will be capable of producing more each hour than anyone else.

Which payload offers maximum benefits to painting robots?
The payload upto 5 kg offers maximum benefits to end-users because although they have restricted capabilities due to lower payload and slow operation, which makes it difficult to manage complicated functions, these have been quite popular in recent years of industrial applications. The segment is expected to create an absolute dollar opportunity of USS 1.93 Bn from 2021-2031.

Why is Demand for 7 axis painting robots high?
Any precision manufacturing organization wishing to enhance the number of tasks a single robot can execute should consider a 7 axis configuration. In industries such as machine tool automation, appliance and electronic manufacturing, and automotive production, they can also be integrated into current six-axis robot systems. This segment is expected to create an absolute dollar opportunity of US$ 2.8 Bn from 2021-2031.

Why are atomizers preferred over air-guns?
The atomizer segment is expected to create an absolute dollar opportunity of US$ 2.43 Bn from 2021-2031. Today’s atomizers are sensor-equipped, allow real time smart diagnostics, and ensure zero-quality defects. Atomizers in modern factories have helped to improve the paint-line operation rate. This provides an added advantage over air guns.

Which function makes most value from painting robots?
The painting, spraying and coating segment is expected to create an absolute dollar opportunity of US$ 2.35 Bn from 2021-2031. Painting robots which can altogether perform a multitude of functions are being preferred over just painting.

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What is the preferred ‘reach’ requirement from Painting Robots?
The extended reach of robotic arms which covers upto 3,000 mm distance is expected to rise at nearly 13.5% CAGR over the forecast period. The lon reach provides numerous degrees of freedom, can occupy various types of payloads and perform highly maneuverable functions.

Who is the leading end user of painting robots?
The transportation sector is expected to create an absolute dollar opportunity of US$ 2 Bn from 2021-2031. Painting Robots are used in automotive, railways, 2&3 wheelers and aerospace. In automotive industry, noteworthy rise in passenger vehicles and buoyant private sector activity will positively impact the painting robots market.

Water Electrolysis Machine Market estimated to reflect a healthy 7.6% CAGR through 2030

[270 Pages Report] The coronavirus pandemic have affected marginally the global water electrolysis machine market. As per a new report by Future Market Insights (FMI), the industry surpassed US$10.6 billion in 2019 and is estimated to reflect a healthy 7.6% CAGR through 2030. Innovations in crude oil processing applications will support developments in the market.

Despite the steady rise of the water electrolysis machine market, prohibitive capital costs and high levels of electricity consumption restrain market growth.

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Key Takeaways from Water Electrolysis Machine Market

  • The size of the water electrolysis machines market is estimated to surpass US$10.2 Bn by the end of 2020, with renewable energy and chemical applications being the driving factors behind the industry.
  • Alkaline water electrolysis machines will witness high demand, while PEM options are also likely to reflect steady growth on the back of higher efficacy in electrolysis processes.
  • 500 to 2000 L/Hr offerings in the water electrolysis machines market reflect relatively higher demand, owing to reduced risk of hydrogen crossovers.
  • East Asia is a prominent regional market reflecting relatively faster growth in adoption rates owing to major scope for industrial applications in China and Japan.

“Higher investments and favorable policies by government towards the development of sustainable, renewable energy sources, and the use of hydrogen in steel, chemicals, electronics & semiconductors, petroleum, electronics, pharmaceuticals, and power generation, are major factors driving the growth of the global water electrolysis machine market,” said a lead analyst from FMI.

COVID-19 Impact on Water Electrolysis Machine Market

I expected the growth of the water electrolysis machine market to be marginally slower that previous years owing to the ongoing coronavirus pandemic. Restrictions on transportation, logistics, and trade have disrupted supply chains for raw materials and components essential for the functioning o the water electrolysis machines.

Restrictions on non-essential commodities also hurt market growth. The market is likely to start recovery towards the end of 2020. The focus on research activities and product development are likely to aid market players in leveraging growth opportunities in the post pandemic era.

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Who is winning?

The market study by Future Market Insights has provided in-depth details on major business strategies that play influencing roles in the water electrolysis machine market. Major players in the industry have been focused on strategic acquisitions and collaborations, besides the consolidation of market presence through product development endeavors.

Air Products & Chemicals Inc., Toshiba Energy Systems & Solutions Corp., Nel ASA, Thyssenkrupp Uhde Chlorine Engineers GmbH, AREVA H2Gen, Teledyne Technologies Inc., Asahi Kasei Corp., Kobelco Eco-Solutions Co. Ltd., C&E Environmental Technology Co. Ltd. are major companies operating in the water electrolysis machine market.

More Insights

The report by Future Market Insights has provided a comprehensive analysis of the global water electrolysis machine market, with crucial data on historical demand (2015 – 2019) and forecast data (2020 – 2030). The report also covers the analysis of the market based on pricing, costs, and other market dynamics, which influence developments in the varied applications of water electrolysis machines.

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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

Stainless steel welded pipe market is expected to grow at 4.6% CAGR between 2021 and 2031: FMI

The global stainless steel welded pipe market is expected to reach US$ 16.36 Bn in 2021 with a stable long-term projection, according to the latest insights from Future Market Insights, ESOMAR-certified research and consulting firm. The report offers an analysis of 20+ high-growth markets, providing detailed insights on the stainless steel welded pipe market’s growth in the next decade.

Demand for stainless steel welded pipes decelerates as operations across construction, automotive, water supply and distribution, oil and gas, petrochemical and fertilizers, power generation, and other sectors were hampered amid the COVID-19 outbreak. However, considering the possibility of a stimulus for infrastructure projects in many countries, the long-term outlook of the market remains positive.

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The surge in demand for stainless steel welded pipes from applications such as oil and gas will remain a chief growth driver due to the presence of oil rigs all over the globe. For the transportation of the fluid from one place to another, a large quantity of pipes is required, which will drive the sales in the market. The same applies to the water supply and distribution segment because the demand is expected to surge amid the rising need for an uninterrupted water supply.

The replacement of old pipes with new stainless steel welded pipes can also provide a boost in the sales of stainless steel welded pipes. The substantial increase in the demand from the supplier side and from the end-use industries across the globe is propelling the stainless steel welded pipe market growth.

The use of stainless steel welded pipes in construction and automotive and power generation applications will create solid opportunities for growth. According to FMI, the construction sector is expected to account for nearly 29% of sales in the market by 2031. Investment in residential, commercial, and infrastructural construction projects will increase in the future, paving way for the expansion of the market.

Stainless Steel Welded Pipe Market Key Takeaways

  • The stainless steel welded pipe market is expected to grow at 4.6% CAGR between 2021 and 2031
  • Investment in construction projects will remain a chief growth driver in the U.S., enabling it to account for nearly 72% of sales in North America
  • Focus on improving public infrastructure will drive growth in the U.K. market at 5.5% CAGR between 2021 and 2031
  • India is expected to register increasing investment in water supply and distribution to ensure safe drinking water to all citizens and support industrialization. This will create attractive opportunities for stainless steel welded pipe sales
  • China will emerge as a highly lucrative market in East Asia, accounting for maximum sales of stainless steel welded pipes

“As competition continues to grow, companies operating in the market are likely to adopt strategies for strengthening their global footprint. Besides expanding operations across emerging nations, they are likely to focus on launching better quality stainless steel welded pipes to gain competitive edge” says FMI analyst.

The stainless steel welded pipe market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of construction, oil & gas, and water supply and distribution, majorly focusing on the outer diameter required for the specific applications. Collaboration with local players and developing new technology in the form of advanced stainless steel welded pipes is a prime strategy expected to increase in popularity in the forecast period.

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Will Growing Automotive Industry Propel the U.S? Market Growth?

The U.S. stainless steel welded pipe market is expected to rise at 4.4% CAGR between 2021 and 2031. The growth forecast for the U.S. market remains positive on account of the increasing demand from the automotive industry and construction industry. The U.S. automotive industry not only produces vehicles for domestic sales, but also exports vehicles, and to fulfill the demand auto industry players have to manufacture efficiently. Stainless steel welded pipes are used for making mufflers and exhausts in the automotive industry, which propels the growth of the stainless steel welded pipe market in the United States.

How is Germany relevant to the Stainless Steel Welded Pipe market?

After a brief period of declining growth in 2020, the German market is expected to register 4.3% y-o-y growth in 2021. The German stainless steel welded pipe market will witness an appreciable growth on account of the increasing demand from the automotive and aerospace industries. Germany comes under the tag of the top 10 steel-producing countries with a market volume of 39.7 Million Tons in 2019. Stainless steel which is made in Germany is also very popular in sales due to its lower carbon content and is softer which makes them more durable than American grade Stainless Steel.

Stainless Steel Welded Pipe Market Segmentation

By Grade

  • 300 Series
    • 304, 304L & 304H
    • 309 & 310S
    • 316, 316L, 316H, 316TI
    • 321/321H
    • 347/347H
  • 400 Series
    • 409
    • 410/410S
  • 900 Series
  • Nickel Alloy Grade
    • Duplex 2205
    • Duplex 2207

By Application

  • Construction
  • Automotive
  • Water Supply and Distribution
  • Oil and Gas
  • Petrochemical and Fertilizers
  • Power Generation
  • Others

By Outer Diameter

  • 4 – 36mm
  • 36 – 60 mm
  • 61 – 150 mm
  • 151 – 500 mm
  • 500 – 1000 mm

By Region

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

Stainless Steel Welded Pipe Market Competitive Landscape

The market is fragmented, with key players accounting for approximately one-fifth of the market share. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares. Some of the key players in the market are Marcegaglia, Sosta GmbH & Co. KG, ArcelorMittal S.A., Nippon Steel, Hyundai Steel Co., Ltd, Sandvik AB, Shanghai Metal Corporation, FROCH ENTERPRISE CO., LTD., F.E.R. Fischer Edelstahlrohre GmbH, YC Inox, JFE Steel Corporation, CSM TUBE spa, Guangzhou Pearl River Petroleum Steel Pipe Co., Ltd., Guangdong Lizz Steel Pipe Co, Ltd., Foshan Zhongde Stainless Steel Co., Ltd. & others.

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Get Valuable Insights into Stainless Steel Welded Pipes Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global stainless steel welded pipes market, presenting historical demand data (2016-2031) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the market based on grade (300 series, 400 series, 900 series, and nickel alloy grade), application (construction, automotive, water supply & distribution, oil & gas, petrochemical & fertilizer, and power generation), an outer diameter (4 – 36 mm, 36 – 60 mm,  61 – 150 mm, 151 – 500 mm, and 500 – 1000 mm) across seven major regions.

Robotic Lawn Mower Market Demonstrated Growth At 10.0% CAGR Between 2016 – 2020 : FMI

As per Future Market Insights (FMI), the robotic lawn mower market is expected to progress steadily at a CAGR of over 11.5% between 2021 and 2031. Driven by the increasing construction of public gardens, commercial buildings, and landscaping services, the robotic lawn mower market is projected to surpass US$737 Mn in 2021.

The market exhibited an imposing CAGR of over 10.0% between 2016 and 2020. Despite challenges posed by the COVID-19 outbreak, the robotic lawn mower market projected over 4.0% year-on-year growth between 2021 and 2031.

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Key Takeaways of Robotic Lawn Mower Market Study

In terms of segmental analysis, the sales of robotic lawn mowers are expected to remain concentrated to residential end-use; sales in the commercial segment are projected to witness hefty growth over the coming years. e-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot,. Demand in the Europe-based consumer market has grown rapidly in recent years and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation. GPS and Bluetooth-enabled robotic lawnmowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawnmowers.

There is significant potential in the long run as far as robotic lawnmowers are concerned for lawns in commercial areas, sports fields, hotels, and parks. Thus, companies in the market are positioning themselves to enter the professional/commercial market, where requirements for technology and reliability are even higher.

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Robotic Lawn Mower Market Taxonomy

The global robotic lawn mower market is segmented to cover every aspect of the market and present complete market intelligence to the reader.

Working Area

Small Area (up to 0.4 acres), Medium Area (0.4-0.8 acres), Large Area (above 0.8 acres),

End-Use

Residential, Commercial,

Sales Channel

Offline, Online,

Region

North America, Latin America and the Middle East & Africa (LAMEA), Europe, Southeast Asia & Pacific,

Robotic Lawn Mower Market: Competitive Landscape

The global robotic lawn mower market is significantly merged, with a few players holding a prominent share of nearly 50% in the market space.

Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others.

To win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & the Pacific.

Find More Valuable Insights on Robotic Lawn Mower Market

FMI, in its new research report, offers an unbiased analysis of the global robotic lawn mower market, presenting forecast statistics between 2021 and 2031.

The report reveals insights on the robotic lawn mower market and covers market dynamics, market share analysis, pricing analysis, and channel partners involved in the robotic lawn mower market value chain.

Readers can also find key trends and market growth scenarios based on working area, end-use, sales channels, and regions such as North America, LAMEA, South East Asia & Pacific, and Europe.

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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 offers comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery used across the manufacturing sector. The team also conducts distinctive analyzes about installed base, consumables, replacement, and USP-feature application matrix, making us a prominent voice of authority in the industry. We are associates of choice for established as well as a budding industry.

Moonshine Market 2021 Key Players, SWOT Analysis, Key Indicators and Forecast to 2030

Moonshine purists describe the spirit as an unaged, homemade whisky, distinguished by its clear colour, corn base and high alcohol content. Whiskey is an inexpensive luxury item that inspires many companies producing whiskey to produce more premium products in the market. Whiskey is a kind of alcoholic beverage produced after grain mash is fermented. Moonshine was mainly a Spanish term for high-proof alcoholic beverages produced illicitly, without authorization from the government.

The global online distribution channel of moonshine is anticipated to expand rapidly during the forecast period due to rising e-commerce platform, internet facilities, presence of large number of brands and easy convenience. Such rise is influenced by many factors, such as increasing rates of disposable income and changing behaviours and customer preferences. The millennial generation is the main customer for the industry, with its tremendous buying power. The beverage is made by distillers using farm-grown corn, to improve their taste and flavour. Due to the strong market demand in the France and U.K. the global industry is primarily concentrated in Europe.

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Change in Living Lifestyle and Consumption Habits of Moonshine is a Key Driver Aiding in the Growth of Moonshine Market

An increase in spending and an increase in whiskey availability is a major factor driving market growth. Shift in whiskey’s lifestyles and consumption patterns is a key driver of this market development. Customer preference for moonshine also boosts demand for moonshine. In the developing countries, the growing pace of modernization and urbanization has boosted demand for moonshine. The idea of ‘premiumisation’ has also been swept up in the food and beverage industry, moving beyond costs to provide high-quality as well as superior service.

The movement towards premiumisation affects the appetite of consumers for value-added and high-quality goods with ingredients of superior quality that provide better health benefits. Customers are willing to pay the additional price for products which offer distinctive health benefits.

Moonshine Market: Key Players

Some of the key players driving the growth on global moonshine market are

  • American Born
  • Appalachian Co. Ltd.
  • Catdaddy Inc.
  • Chicago Distilling
  • Firefly
  • Full Throttle
  • Georgia Moonshine
  • Midnight Moon
  • Hudson

Moonshine Market: Regional Analysis

The European region dominates the market as Germany, Spain, Italy, and France are the leading moonshine manufacturing and drinking countries in this area. Europe is the largest moonshine manufacturer and consumer.

Asia Pacific is expected to grow rapidly, as Western culture and traditions, large populations, and growing middle-class household incomes embrace it strongly.

The major markets in this area are Japan, India and China. India is the Asia-Pacific region’s biggest consumer of whiskey. Whiskey is an alcoholic beverage, and its production companies are expected to meet various government regulations that serve as a primary obstacle in the development of the industry.

The research report presents a comprehensive assessment of the moonshine market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

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The report covers exhaustive analysis on:

  • Moonshine market Segment
  • Moonshine market Dynamics
  • Moonshine market Size
  • Moonshine Supply and Demand
  • Current Trends/Issues/Challenges pertaining to moonshine market
  • Competition Landscape and Emerging Market Participants Moonshine Market
  • Technology related to Production/Processing of moonshine
  • Value Chain Analysis of the moonshine market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Report Highlights:

  • Detailed overview of parent market
  • Changing dynamics of the moonshine market in the industry
  • In-depth market segmentation and analysis
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments in the Moonshine market
  • Competitive landscape of the moonshine market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on moonshine market performance
  • Must-have information for moonshine market players to sustain and enhance their market footprint
Moonshine: Market Segmentation 

By Flavor

  • Flavoured
  • Original
  • Apple Pie
  • Blackberry
  • Cherries
  • Lemon Drop
  • White Lightning
  • Peach
  • Strawberry
  • Non-Flavoured

By Price Range

  • Low Range
  • Mid-Range
  • High Range

By Distribution Channel

  • B2B
  • B2C
  • Hypermarkets / Supermarkets
  • Online Retail
  • Specialty Store
  • Convenience Store

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UV LED segment is anticipated to expand at a double-digit CAGR from 2015 to 2025.

UV lamps are basic lamps that emit ultraviolet radiation with a wavelength ranging between 400 nm and 100nm. UV light is basically classified into three wavelengths: UV-A, UV-B and UV-C. This report covers UV-C, also known as germicidal UV – with wave length ranging between 100 nm to 280 nm – and its purpose is to disinfect or deactivate the DNA and RNA of bacteria, viruses and other pathogens, thus inhibiting their ability to multiply.

Future Market Insights (FMI) delivers key insights on the global UV lamps market in its latest report titled “UV Lamps Market: Global Industry Analysis and Opportunity Assessment, 2015–2025”. Global UV lamps market revenue is projected to expand at a CAGR of 11.3% during the forecast period due to various factors, regarding which FMI offers vital insights in detail in its report.

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Market Value and Forecast

The global UV lamps market is anticipated to register a double-digit CAGR during the forecast period. Growth of the global UV lamps market is mainly driven by increasing industrial development and stringent government regulations. Moreover, trends in the global UV lamps market include increasing adoption of UV systems in the healthcare sector and the food and beverages industries.

Segmentation by Lamp Type

The global UV lamps market is segmented on the basis of lamp type into UV mercury lamp and UV LED. Of these segments, UV mercury lamp segment accounted for over 90% of the global UV lamp market share, followed by UV LED segment with over 4% in 2014. In addition, the UV LED segment is anticipated to expand at a double-digit CAGR from 2015 to 2025.

In addition, UV mercury lamp is further sub-segmented into low-pressure mercury lamp, medium-pressure UV lamp and amalgam mercury lamp. Of these sub-segments, amalgam mercury lamp accounted for over 40% of the total UV mercury lamp segment revenue and is anticipated to remain dominant during the forecast period. In addition, this sub-segment is expected to witness fastest growth among other sub-segments during the forecast period.

On the basis of lamp type, the market has been segmented into UV LED and UV mercury lamp, with the latter representing nearly 90% revenue share of the global UV lamp market in 2014; FMI expects this segment to witness a decline of 27 BPS by the end of 2025.

UV mercury lamp segment is categorised into low-pressure, medium- pressure and amalgam mercury lamp. Among these, amalgam mercury lamp dominated the UV mercury lamp segment market, accounting for over 40% of the UV mercury lamp market in 2014.

On the basis of end-use application, the UV lamps market is segmented into wastewater treatment, water treatment, air treatment, surface treatment and food and beverages disinfection. Revenue contribution by the food and beverages disinfection segment was over 25.1% in 2014, which is projected to increase to 28.2% by the end of 2025, gaining 309 BPS and expanding at a CAGR of 12.5% during the forecast period.

Water treatment segment is categorised into industrial process water treatment, water treatment, commercial water treatment, residential water treatment, municipal pool and spa, and others. Municipal water treatment sub-segment accounted for the highest revenues in 2014, and this trend is expected to continue through 2025.

Air treatment is further sub-segmented into residential and commercial, healthcare facilities, and others. Among these, residential and commercial sub-segments accounted for bulk of the revenues in 2014; FMI estimates this segment to retain its dominance throughout the forecast period.

Increasing Municipal Infrastructure Investment Driving Adoption of UV Lamps

Growth of the global UV lamps market is mainly driven by increasing municipal infrastructure investment, safety measures through regulations, increasing industrial development and price performance of UV lamps compared to other conventional treatment methods.

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Asia Pacific Excluding Japan (APEJ)was dominant in the global UV lamps market with over 30% market share in 2014, followed by North America with 24.2% market share. APEJ is projected to remain the largest market for UV lamps over the forecast period, driven by increasing municipal infrastructure investment, industrial development and cost-effective solutions offered by UV lamps when compared to the other conventional treatment methods used in the region.

Some key players identified in the global UV lamps market are

Trojan Technologies Inc., Xenex Disinfection Services LLC, Xylem Inc., OSRAM GmbH, Koninklijke Philips N.V., Heraeus Holding Gmbh, Calgon Carbon Corporation, Halma PLC, Severn Trent PLC, and Atlantic Ultraviolet Corporation.

Ultra Violet (UV) Lamps Market Key Regions

The global UV lamps market has been sub-segmented into seven major regions which include North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa. APEJ dominated the market with over 30% of the overall UV lamp market share in 2014, while Eastern Europe followed with over 20% market share. In addition, APEJ is anticipated to be the fastest growing region in the UV lamp market in terms of revenue contribution.

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Major UV lamp manufacturers in the market are currently focusing on strengthening their partnerships with major UV disinfection equipment manufacturers. In addition, UV disinfection equipment manufacturers are focusing on providing a broad and customised range of UV solutions to cater to the varying and increasing customer demands.

Browse Full: “UV Lamps Market: Global Industry Analysis and Opportunity Assessment, 2015–2025” Market Research Report at https://www.futuremarketinsights.com/reports/ultra-violet-lamps-market

Bridge Expansion Joints Market By Type- Open Joints And Closed Joints For 2021-2031

Future Market Insights (FMI) digs deep into the global bridge expansion joints market and fetches key information through structured market research. The report titled “Bridge Expansion Joints Market Global Industry Analysis 2016–2020 and Opportunity Assessment 2021–2031” gauges the market and predicts the future demographic and changes. Based on the findings specified in the report, the market is expected to witness rising demand for bridge expansion joints from construction firms and government sector over the coming years. Escalating demand for bridge expansion joints in developing regions is projected to drive the global bridge expansion joints market.

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The estimated value of the bridge expansion joints market in 2021 is US$ 990.8 Mn and the market is expected to expand at a CAGR of 5.5% during the forecast period from 2021 to 2031.

Global Bridge Expansion Joints Market Dynamics

Increasing investments for infrastructural development across the globe will act as a catalyst for the overall growth of the bridge expansion joints market during the forecast period. Moreover, increasing construction activities in developing regions, such as SEA & pacific, are estimated to fuel the growth of the bridge expansion joints market over the forecast period.

On the flip side, one of the key challenges faced by the manufacturers of bridge expansion joints is that the upper layer of steel expansion joints corrodes when exposed to salts or de-icing salts. This is anticipated to be the primary factor hampering the growth of the bridge expansion joints market over the forecast period. Moreover, bridge expansion joints require high logistics cost due to their heaviness, which is another factor anticipated to act as a restraining factor for the growth of the bridge expansion joints market in near future.

Global Bridge Expansion Joints Market Forecast

Market insights suggests that the overall size of the global bridge expansion joints market will expand over the forecast period. Several positive changes are expected to fuel the growth of the global bridge expansion joints market.

By region, China is projected to dominate the global bridge expansion joints market over the forecast period. China, followed by Western Europe, is estimated to remain the most opportunistic region in the bridge expansion joints market. In terms of value, China is projected to create incremental $ opportunity worth US$ 130.9 Mn in the global bridge expansion joints market during the forecast period. Middle East & Africa (MEA), followed by Latin America, are projected to grow at a significant CAGR over the forecast period in the global bridge expansion joints market.

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By type, the closed type expansion joints segment is projected to dominate with a value of US$ 371.9 Mn in 2021. However, the open joints segment is projected to account for more than 40% share in the global bridge expansion joints market during the forecast period. In terms of growth, open type bridge expansion joint segment is projected to grow with modest growth rate during the latter half of the forecast period.

By application, the roadway bridges segment is projected to dominate the global bridge expansion joints market. In terms of volume, the demand from roadway bridges segment is projected to be pegged at 12,604 ‘000 meters by the end of 2031. In terms of value, the railway bridges segment is projected to create incremental $ opportunity worth US$ 118.8 Mn in the global bridge expansion joints market over the forecast period. Under the application segment, the roadway bridges sub-segment is expected to grow with remarkable growth rate in the global bridge expansion joints market owing to increasing roadway network in developing regions.

Bridge Expansion Joints Market Competitive Landscape

Some of the key players involved in the manufacturing of bridge expansion joints and included in this study are Trelleborg AB, Canam Group Inc., Ekspan Ltd., Freyssinet Limited, Granor Rubber & Engineering Pty. Limited, Gumba GmbH & Co. KG, KantaFlex (India) Private Limited, Mageba SA, Metal Engineering & Treatment Co. Pvt. Ltd., ZaoqiangDacheng Rubber Co., Ltd., RJ Watson, Inc., TensacciaiS.r.l., Maurer SE and Watson Bowman Acme Corp.

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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

Global Industrial Robotics Market is estimated to increase at a CAGR of ~18% between 2019-2029.

The global industrial robotics market size in 2018 was ~US$ 17 Bn. The industrial robotics market is expected to grow at a CAGR of ~17% during the forecast period of 2019-2029. Increasing demand for articulated robots for applications such as assembly, welding, and packaging has been recently driving the sales of industrial robots. East Asia is likely to account for half of the revenue shares in the industrial robotics industry by the end of 2029. East Asia, attributing to the rising automotive production will continue to be a prominent regional market for industrial robotic manufacturers.

The automotive industry is expected to remain prominent end-use industry to invest in, for industrial robotics market players. The automotive industry has witnessed significant growth over the recent past. Noteworthy application potential of industrial robotics has been identified in handling operations, welding, and assembly/disassembly.

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A new market research report by Future Market Insights on the industrial robotics market includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the industrial robotics market and provides critical insights for the forecast period of 2019-2029.

As per the findings of the report, the global industrial robotics market is projected to indicate substantial growth over the forecast period due to multiple driving factors such as adoption of Internet of Things (IoT) in industries and growing digitalization of manufacturing industry across geographies.

The global industrial robotics market was valued at ~US$ 17 Bn in 2018 and is estimated to increase at a CAGR of ~18% between the forecast periods of 2019 and 2029. This growth is driven by the increasing applications of industrial robotics in the automotive industry, electrical/electronics industry, and auxiliary industry, among others.

East Asia is estimated to hold significant market share in terms of value in the global industrial robotics market. However, the South Asia market is projected to project lucrative growth in the global industrial robotics market over the forecast period of 2019-2029. This growth is propelled by the rapid growth in the factory automation rate in countries of South Asia and East Asia such as China, India, and Vietnam, among others. The economic condition of these countries have been evolving positively.

Furthermore, macroeconomic factors such as growing population, rapid industrialization, and urbanization, are some of the factors driving the growth of the industrial robotics market. The automotive industry in East Asia has gained a considerably positive momentum over the past years, which has increased the adoption SCARA robots and articulated robots in the manufacturing process and is estimated to indicate the rewarding growth of industrial robotics market in the East Asia region.

Automotive Industry to Remain Key End-use Industry of Industrial Robotics

The global market of industrial robotics has been segmented on the basis of different types of industrial robots, their multiple applications, end use industries, and regions such as North America, South Asia, Europe, East Asia, and the Rest of the World.

By product type, the articulated robots segment is estimated to hold a significant share of the global industrial robotics market in terms of value. This has mainly resulted from the rising productivity in manufacturing processes and improving quality of products. On the basis of end use, the automotive industry is estimated to hold substantial market share of the industrial robotics market in terms of value. This is driven by digitalization of manufacturing processes. Moreover, it is expected that the application of industrial robotics in the electrical/electronics industry will be prominent throughout the forecast period.

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On the basis of application, the handling operations segment is projected to consume majority share of the global industrial robotics market value. Also, the welding segment is estimated to project lucrative growth in the industrial robotics market over the forecast period.

Industrial Robotics Market Key Segment

By Product Type

SCARA Robots Delta Robots Cartesian Robots/ Gantry Robots Articulated Robots Collaborative Robots (limited segments) Dual-arm Robots

By End Use

Automotive Industry Electrical/Electronics Industry Rubber & Plastics Industry Metal & Machinery Food & Beverages Plastic & Auxiliary Chemical Products Auxiliary Industries Bulk Commodities & Materials

By Application

Assembly/Disassembly Clean Room Dispensing Handling Operations Processing/Cutting Welding Painting & Coating General Applications

By Region

North America Europe South Asia East Asia Rest of the World

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Industrial Robotics Market: Vendor Insights

The report indicates some of the prominent market players, who are recognized as leaders in the global industrial robotics market. These key market players in the global industrial robotics market are Yaskawa Electric Corporation, FANUC Corporation, Kawasaki Heavy Industries Ltd, Kuka AG, Mitsubishi Electric, Teradyne Inc. (Universal Robots), ABB Ltd., Yamaha Motor Co., Ltd., Hirata, Corporation, and Denso Wave Incorporated, among others.

The global industrial robotics market is significantly consolidated with some players holding prominent shares of the market.

For additional insights on the industrial robotics landscape, write to the analyst at press@futuremarketinsights.com  

Barcode Scanner Market is expected to grow at a CAGR of over 7.6% between 2021 and 203

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

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

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

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

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

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

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

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Market segmentation

By Product Type

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

By End Use

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

By Technology

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

By Region

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

Additional Highlights of the report Include:

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

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

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

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

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Market players are targeting APEJ as their key sales region.  

About Industrial Automation Division at Future Market Insights

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

Conveyor System Market’s worth will increase at a CAGR of 4.5% between 2021 and 2031

The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, says FMI.

Regionally, the North America market is set to expand at 3.5% CAGR over the course of the assessment period. The growth can be attributed thriving e-commerce industry and expansion of packaging centers in the U.S. and Canada.

Conveyor systems demand s significantly increasing from the mining industry. Mining requires transportation and handling of large volume of heavy goods and debris. Low cost of conveyor system and minimum maintenance make them ideal choice for long distance transportation.

Rising per capita income and rapid economic growth in developing countries like India and Brazil are driving the manufacturing industry. This coupled with automation in fast-moving consumer goods (FMCG), baggage handling, and manufacturing industries will positively influence the market growth over the forecast period.

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Industries are looking towards optimizing their manufacturing process to improve efficiency and production rate. This has encouraged advancements in conveyor system development and integration of automation in material handling system.

Automated conveyor systems eliminate human error, improve safety and boost the production volume with high repeatability. Owing to such benefits, companies are adopting modern conveyor system for material handling processes.

Surge in online retailing activities along with increasing demand for high quality goods will drive the adoption of conveyor and sortation systems in the retail industry. Companies are installing conveyor system to optimize warehouse spacing, sorting and cross-docking products, and automating their distribution process. Increase in online shopping in India, China, Brazil, and Chile will positively influence the market growth in upcoming years.

Key Takeaways from FMI’s Conveyor system Market Study

  • North America conveyor system market is forecast to expand at 3.5% CAGR due to rapid growth in online retail sector.
  • Growing adoption of automation in automotive and manufacturing industry, surging mining and construction activities along with growing e-commerce industry in the U.K. and Germany are the key factors driving the market in Europe.
  • Population surge, increase in demand for processed food, and presence of e-commerce giants like Alibaba group will drive the demand for conveyor systems in FMCG and packaging industries in China.
  • India is expected to offer lucrative opportunities as home to one of the leading the retail sectors after U.S. and China. Steady consumer demand and rising investment towards expansion of retail infrastructure will boost the demand for advanced material handling systems, such as conveyor systems.

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 “Increasing penetration of automation in material handling and distribution system and increase in number of supermarkets and distribution centers will boost the demand for conveyor system in upcoming years,” says the FMI analyst.

Conveyor System Market – Report Scope

Attribute Details
Forecast Period 2021 – 2031
Historical Data Available for 2019 – 2029
Market Analysis US$ Mn for Value & Units for Volume
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa
Key Countries Covered U.S., Canada, Brazil, Mexico, Argentina, Rest of Latin America, Germany, U.K., France Italy, China, India, Japan, GCC Countries, South Africa, Israel, Turkey, Iran, Rest of Middle East & Africa, Australia, New Zealand, South Korea, the Philippines, Malaysia, and Thailand
Key Segments Covered By Product Type, By Operation Type, By Capacity Type, By Application Type, and By Region
Key Companies Profiled Daifuku, BEUMER GROUP, Interroll Holding AG, Murata Machinery, Schaefer Systems International and Dürr Group
Report Coverage Market Overview, Market Background, Market Forecast, Segmental Analysis, Regional Profiling and Competition Analysis
Customization & Pricing Available upon Request

Who is Winning?

Future Market Insights discusses the key trends shaping conveyor system market and highlights the strategies adopted by leading market players in the study.

Top players, including Daifuku Co., ltd., Schaefer Systems International, Inc., Interroll Holding AG, BEUMER GROUP, and Dematic Company accounted for 23.5% of the market in 2020. Some of the leading companies are investing in research and development activities to drive product launches.

For instance, SideDrive Conveyor Co. launched configurable side drive conveyor system in January 2021 for modular sanitary applications.

In response to pandemic, Multi-Conveyor collaborated with East Coast representatives to develop a hand-pack conveyor system to effectively follow social distancing in work place and launched “Barrier Spaced Conveyor” in July 2020.

Dürr Group introduced automated guided vehicle designed for paint shops as a part of its intelligent production initiative in May 2019.

Prominent players operating in the conveyor system market are:-

  • Daifuku
  • BEUMER GROUP
  • Interroll Holding AG
  • Murata Machinery
  • Schaefer Systems International
  • Dürr Group

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More Insights on the Conveyor System Market

In its latest report, FMI offers an unbiased analysis of the global conveyor system market, providing historical data for the period of 2019-2029 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of by product type (belt conveyor, roller conveyor, pallet conveyor, overhead conveyor, tri-planar conveyor, crescent conveyor, skid conveyor, trailer conveyor, and others), by operation type (manual, semi-automatic, and automatic), by capacity type (unit handling and bulk handling), by application type (packaging & warehouse distribution, textile & paper, construction & mining, automotive & transportation, consumer electronics, food & beverage, and chemical & pharmaceutical) and by region (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa)