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Tubular Motors Market Research Report 2021 – Global Forecast till 2027

Tubular motors are type of motors, which are rectangular or tubular, and are used to move the window or door covering more gently and precisely. These tubular motors are comprises soft brake and electrical drives and are providing an integrated slow speed, which, in turns, ensures a soft top of blinds. This type of instrument can protect every window and door closing and also can reduce noise development.

The tubular motor can offer extensive range and value for money and can also provide effective performance along with quality and reliability. They are used for the various applications for the interior (blinds/curtain covering), external (awnings), roller shutters, etc.

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Tubular motors sometimes also comprise a built-in radio receiver, which can be operated through a remote control in order to provide simple operation and gentle process. They can be available with 1.5m cable and in-line connectors, also with wall mounting cradle. These motors have a wide range of accessories, which allow various installations in common tubes.

Some applications where tubular motors can be used are for roller shutter, for the venetian blind, for awning, for roller blind, for roller door, for lifting clotheshorse, for a projection screen, etc. Tubular motors are available in different output power rating starting from less than 100W to above than 500W, which are depending upon the speed and capacity load.

Tubular Motors Market: Market Dynamics

The tubular motor has various advantages such as high speed, low cost, high torque, chief power,., which are driving the demand for the product among the manufacturer and end users. Some other factors such as the advantage of variable speed with the adjustable governor, modern pulse techniques, line voltage,. are acting as the drivers of the global market of tubular motors. Short product life owing to the motor commutator, periodic maintenance, etc. are some factors which can cause the limitation to the market growth and the demand for tubular motors.

Some features of the tubular motors, such as high vibration, high noise received at high speed, high prices of raw material, which is used for the core manufacturing, are also restraining the market over the forecasted period. In contrast, rising importance in integrating renewable energy sources to produce electricity is a trend in the market of universal motors.

Tubular Motors Market: Regional Outlook

Among all the regions, Asia-Pacific region is holding the major market share in terms of volume and hence leading the global market of tubular motors, also the region is expected to remain at the same place during the forecast period. The increasing demand for automation and subsequently rising power projects, along with urbanisation and liberalisation, for the sake of development in many countries, are feeding the market growth in the region. However, Latin America region and the Middle East and Africa regions are expected to grow at the related rate of growth and are projected to follow the alike trend. North America and Europe regions will rise at a very significant rate of growth owing to the mature and developed marketplace in these regions.

Tubular Motors Market: Market Participants

Examples of some of the market participants in the Tubular Motors market identified across the value chain are Stagnoli S.r.l., elero GmbH, MACCON, MaestroShield, Loxone Electronics GmbH, Fox Domotics, Alpina Tubular Motors, Fox Domotics, Z-Wave India, Gefit Group, BX Shinsei Seiki Co., Ltd., GAPOSA srl, etc.

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

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The report covers exhaust analysis on:

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

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),

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

Tubular Motors Market: Segmentation

Market segmentation of the Tubular Motors market based on its Output Power:

Less than 100W
100W-500W
Above 500W,

Market segmentation of the Tubular Motors market application:

For Roller Shutter,
For Venetian Blind
For Awning,
For Roller Blind
For Roller Door,
For Lifting Clotheshorse
For Projection Screen,

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Report Highlights:

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

Suspended Ceiling System Market Competitive Growth Strategies Based on Type, Applications, End User and Region

Suspended ceiling system are certain secondary ceilings which are suspended above the structural floor slab, which create a void between the top of the suspended ceiling and the underside of the floor slab. Along with the concealment of the underside of the floor slab, this void can provide a useful space for the distribution of heating, ventilation and air conditioning (HVAC) services and plumbing and wiring services, as well as providing a platform for the installation of smart speakers, light fittings, wireless antenna, CCTV camera, fire and smoke detectors, motion detectors, sprinklers, and others.

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The void can also be used as an air ‘plenum’, in which the void itself forms a pressurised ‘duct’ to supply air or extract it from the occupied space below. Suspended ceiling system can allow easy access for equipment servicing by the removal of tiles, or through access panels and can allow flexibility of layout of spaces below. However, it results in some loss of headroom (at least 100mm).

Typically suspended ceiling system is hung from a bracket fixed to the underside of the floor slab supporting a series of interlocking metal sections that form a grid into which panels such as ceiling tiles can be fitted. Suspended ceiling system is also available, in which tiles are laid between parallel beams rather than a grid, and there are a wide range of different grid profiles and tile edge details that can allow the grid to be exposed, flush, recessed or concealed.

Suspended Ceiling System Market Dynamics:

Changing interior and exterior architectural trends in the construction sector has propelled the use of innovative designing in the protective building materials market. Suspended ceiling system or panels are utilised in interior construction for improving the overall aesthetics and acoustic insulation material. Innovation in enhancement of aesthetics of walls and flooring materials such as carpets, floor and wall tiles, and coatings has undergone significant changes and advancementsto improve to improve aesthetic features in the suspended ceiling system. Acoustic insulation has played a vital role in the growth of the suspended ceiling system market. Technological breakthroughs in this area have led to a higher adoption of suspended ceiling system especially in North America and Europe regions over the recent years. This trend is expected to continue further during the forecast period, reinforcing demand for suspended ceiling system.

Global Suspended Ceiling System Market: Market Participants

Some of the market participants operating in the global Suspended Ceiling System market identified across the value chain include AWI, Knauf, SAS International, USG, Menards, Chicago Metallic Corporation, CertainTeed, Rockfon, Chicago Metallic, Saint-Gobain, Foshan Ron Building Material Trading, Grenzebach BSH, Guangzhou Tital Commerce, Haining Chaodi Plastic, Shandong Huamei Building Materials, New Ceiling Tiles, Odenwald Faserplattenwerk, Techno Ceiling Products, among the others. Key market players are pitching the unique properties of suspended ceiling system such as superior acoustic insulation properties, easy installation and dismounting etc. to win over new customers in the market.

Opportunities for Participants in the Suspended Ceiling System Market

Recovery of the commercial construction across major countries has propelled the new construction, as well as repair & maintenance and renovation activities. Moreover, adoption of interior solutions that exhibit better noise absorption features in offices, departmental stores, public utility areas, and educational institutions is considered to boost the consumption of suspended ceiling system in the next couple of years.

This in turn is expected to enhance the use of eco-friendly and light-weight materials such as mineral wool, metal, and gypsum ceilings in the suspended ceiling system, so as to maintain and improve the indoor air quality and efficiencies of energy, water, and other resources. Technological advancement in manufacturing low VOC material based ceiling panels is likely to provide lucrative opportunities in the suspended ceiling system market.

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

The Suspended Ceiling System report covers exhaustive analysis on:

Suspended Ceiling System Market Segments
Suspended Ceiling System Market Dynamics
Suspended Ceiling System Market Size
Supply & Demand
Suspended Ceiling System Current Trends/Issues/Challenges
Competition & Companies Involved
Technology
Value Chain
Suspended Ceiling System Market Drivers and Restraints

Regional analysis includes:

North America (U.S., Canada),
Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM),
Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Russia, Poland, and Rest of Europe),
East Asia (Japan, South Korea, and China),
South Asia (India, Indonesia, Malaysia, Philippines, Thailand, Rest of South Asia),
Oceania (Australia, and New Zealand),
Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA),

Global Suspended Ceiling System Market: Segmentation

Based on material, the global suspended ceiling system market has been segmented as:

Mineral wool
Metal
Gypsum

Based on type, the global suspended ceiling system market has been segmented as:

Ceiling
Grids

Based on application, the global suspended ceiling system market has been segmented as:

Commercial Construction
Residential Construction
Industrial Construction

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Suspended Ceiling System Report Highlights:

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

Ultrasonic Flow Meter Market Comprehensive Shares, Historical Trends And Forecast By 2027

Ultrasonic flow meters measure the velocity of a fluid with ultrasound to calculate the volume flow. Transmission flow meter, open-channel flow meter, and Doppler flow meter are three types of ultrasonic flowmeters. Ultrasonic flow meters are used to measure liquids that allow passing of the ultrasonic waves such as molten, water, sulfur, chemicals, and cryogenic liquids. Ultrasonic flow meters are finding wide application across industries such as water and wastewater, oil and gas, chemicals, power, pharmaceutical, food and beverages, pulp and paper, and metals and mining.

Manufacturers in the ultrasonic flow meter market are focusing on competitive pricing as the strategy to capture significant market share. Strategic merger and acquisitions and technological innovations are also the key focus areas of the manufacturers.

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Ultrasonic Flow Meter Market- Competitive Landscape

Titan Enterprises has introduced new software functionality for its MetraFlow and Atrato ultrasonic flow meters to provide customers to move the measurement window to ensure measuring at the optimal point of signal.
TASI Group has acquired Sierra Instruments and ONICON. The products offered by ONICON include ultrasonic flow meters, turbine flow meters, energy meters, airflow meters, transmitters and sensors. While Sierra Instruments offers liquid, gas and steam flow meters, flow and level switches, digital mass flow meters and controllers and flow calibrators.

Honeywell International Inc.

Established in 1906, Honeywell International Inc. is located in the US. The company provides consumer and commercial products, aerospace systems, and engineering services. It also provides automotive products, turbochargers, process technology for petrochemical and refineries, advanced materials, and energy efficient solutions and products.

Schneider Electric SE

Founded in 1836, Schneider Electric SE is located in France. The company manufactures automation and energy management solutions. It operates through four businesses including medium voltage, low voltage, industrial automation, and secure power. In 2018, Schneider Electric acquired electrical and automation business from Larsen & Toubro in India.

Cameron International Corporation

Founded in 1920, Cameron International Corporation is located in the US. The company provides processing, pressure control, flow control, compression systems along with the aftermarket services and project management for oil and gas and process industries. The company also provides offshore and onshore platform wellhead system and processing solutions including actuators, valves and chokes.

Endress+Hauser AG

Established in 1953, Endress+Hauser AG is located in Switzerland. The company provides measurement instruments, automation solutions, and services for the industrial processing engineering in Asia Pacific, Africa, Europe, the Americas, and the Middle East. The company also offers flow metering, field network engineering, analytical solutions, and plant asset management solutions.

Ultrasonic Flow Meter Market Dynamics

Upgradation and Modernization of Refineries to Propel Demand for Ultrasonic Flow Meters

Ultrasonic flow meters are extensively used in the oil refineries, especially in crude oil metering. The need to measure crude oil at various steps during its movement from extraction to the production facility is driving demand for ultrasonic flow meters. Moreover, existing oil refineries are increasingly focusing on upgradation and modernization of refineries which will result in the growing demand for ultrasonic flow meters.

Developing nations across the globe are increasingly investing in the development of refineries. For instance, BPCL, EIL, IOC, and HPCL have announced developing the biggest refinery in India on the west coast which is projected to cost US$ 30 billion. Rise in the capacity of refineries in developing countries is likely to boost the demand for ultrasonic flow meters.

Manufacturers Developing Portable and Handheld Ultrasonic Flow Meters

Manufacturers in the ultrasonic flow meter market are focusing on providing industry-the specific solutions. New ultrasonic flow meters are being developed with the features as per the requirement of specific industry. Meanwhile, handheld ultrasonic flow meters are finding wide application in measuring dirty fluids and slurries for the chemical, water treatment, and food processing industries.

Manufacturers are also focusing on developing portable ultrasonic flow meters using both transit time and Doppler technologies to measure flow and velocity of liquids. These portable ultrasonic flow meters are witnessing huge demand from the petrochemical and refinery industries to carry survey work in remote locations. Meanwhile, in recent years, solar-powered ultrasonic flow meters have also gained traction owing to the increasing disparities between the demand and supply of electricity.

Availability of Broad Range of Flow Meters to affect Ultrasonic Flow Meter Market

One of the key factors affecting the growth of the ultrasonic flowmeter market is the availability of a wide range of flow meters used across various industries. Manufacturers in various industries who are using traditional flow meters are avoiding bearing the potential risk and switch to the latest flow meter technologies. This attitude of manufacturers is restraining the adoption and growth of ultrasonic flowmeters. However, manufacturers in the ultrasonic flow meter market are focusing on showing the benefits of using ultrasonic flow meters across industries.

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This report on the ultrasonic flow meter market 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 of the global ultrasonic flow meter market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with ultrasonic flow meter market attractiveness as per segments. The report also maps the qualitative impact of various factors on ultrasonic flow meter market segments and geographies.

Ultrasonic Flow Meter Market Segmentation

Based on the type, the ultrasonic flow meter market is segmented into

Insertion
Clamp-On
Inline

Based on the technology, the ultrasonic flow meter market is segmented into

Transit Time – Multipath
Transit Time – Single/Dual Path
Hybrid
Doppler

Based on the fluid type, the ultrasonic flow meter market is segmented into

Gas
Petroleum Liquids
Non-petroleum Liquids
Steam

Based on the number of paths, the ultrasonic flow meter market is segmented into

3-path transit time
4-path transit time
5-path transit time
6 or more paths transit time

Based on the supply channels, the ultrasonic flow meter market is segmented into

Independent Representatives
Direct Sales
E-Business
Distributors

Based on the customer type, the ultrasonic flow meter market is segmented into

OEMs
Engineers/Consultants
End-Users
Resellers
Systems Integrators

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Report Highlights:

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

Bulk Terminals Market By Bulk Type (Dry Bulk, Grain, Coal, Iron Ore, Liquid Bulk, Oil, Gas) & Region – Forecast 2020-2030.

Despite current downturns in global seaborne trade because of COVID-19 pandemic, the global minor bulk trade has expanded considerably. Analysts at Future Market Insights (FMI) have estimated that global minor bulk traded has expanded up to 1.74 billion tons.

Production of steel and forest products has made up for 43% of minor bulk trade, says FMI report. In addition, metals and minerals have captured around 37% followed by agricultural products, which represents 20% of minor bulk trade.

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Agricultural yield is majorly concentrated on countries such as the US, Argentina, Brazil, China, and India, which accounts for over ¾ of export and import of several grains as minor bulk commodities.

Bulk Terminals Market Size Study

Sales of bulk terminals to remain stable over forecast period, 2020-2030
Dry bulk continues to generate greater total returns to shareholders (TRS)
Nearly 190 terminals were under expansion worldwide in June 2019, with additional 49 under construction
Markets in Europe and North America to generate relevant value through 2030

“Majority of global trades are performed through coastal routes proper functioning of maritime transport is quintessential in overall progress of countries taking part in global trade. Port operation accents for heavy investments in manpower and equipment. Various countries are embracing Public-Private Partnership (PPP), wherein operations and management duties are outsourced to private firms, while respective governments own certain land and assets,” says analyst at FMI.

COVID-19 Impact on Bulk Terminals Market

The COVID-19 pandemic is triggering huge supply chain disruptions for bulk terminals market due to strict lockdown measures, especially in Asian supplier regions. Such stringent measures have led to dearth of workers – truck drivers and labors – at port terminals.

In addition, the market is suffering because of a shortage of transportation facilities such as. Studies reveal that trucks and containers dropped by about 50% due to decreasing number of trailers and unavailability of drivers. This has further slowed down transshipping operations at terminals.

Driven by rising concerns regarding worker safety, several end-use industrial operators have brought manufacturing processes to a temporary halt, hurting the demand for bulk terminals.

To stay afloat amid the COVID-19 crisis, up-gradation in automation capabilities will be critical for bulk terminal market players in immediate future.

Bulk Terminals Market Players – Investments and Partnerships to Become Key Priority of Manufacturers

The global bulk terminals market is fragmented with presence of several large- and medium-scale players in competition landscape. Majority of players are conspicuous investments and strategic agreements in order to capture value at stake. For instance,

Regulatory board of APM Terminals has granted approval to its expansion project that incorporates enhancing infrastructure for managing larger vessels and increasing container capacity to 1.6 million twenty-foot equivalent units (TEUs).
China Merchants Port Holdings Co. Ltd. (CMPort ) has collaborated with CMA CGM to acquire 10 port terminals to Terminal Link – joint venture of the two firms. Further, CMPort organized virtual agreement ceremony with Thessaloniki Port Authority S.A. (ThPA) in Greece, Shenzhen, and Hong Kong and inked two agreements on strategic collaboration and port information system.
Host Davant – subdivision of T. Parker Host – has taken over United Bulk Terminals Davant facility of Marquard & Bahls.

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Bulk Terminals Market – Competitive Intelligence

Leading players in global bulk terminals market are focused on inorganic growth strategies such as mergers and acquisitions (M&A) as well as contracts in order to boost theor market presence. Case in point,

Ultramar Group has entered transshipment collaboration with Acron Group to transship over 1.2 million tons per year (tpy) of mineral fertilisers.
United Maritime has taken over multi-purpose bulk terminal business from Noatum Ports.
Teck Resources and Westshore Terminals have entered into an agreement for new throughput contract for export of metallurgical coal beginning in April 2021. The contract will witness 5-7 million mt of metallurgical coal exported from April through December 2021.

Global bulk terminals market segmentation

By Bulk Type

Dry Bulk
Grain
Coal
Iron Ore
Others
Liquid Bulk
Oil
Gas

By Region

North America,
Latin America,
Western Europe,
Eastern Europe,
Asia Pacific excluding Japan (APEJ),
Japan,
Middle East & Africa (MEA),

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To Know More About Bulk Terminals Market:

A new market research report published by Future Market Insights (FMI) on the global bulk terminals market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the bulk terminals market through two different segments – bulk type, and region. The bulk terminals market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of barcode printers and product adoption across several end-use industries.

Centrifugal Pumps Market ales to increase at 4.6% CAGR between 2021 and 203

[294 Pages Report] The Centrifugal Pumps Market is expected to register positive growth through 2021, with the overall valuation forecast to surpass US$ 29 Bn in 2021. Future Market Insights (FMI) projects centrifugal pumps market sales to increase at 4.6% CAGR between 2021 and 2031. While industrial applications are expected to register maximum demand, growth exhibited by the agricultural segment will be at a higher pace. FMI has forecast the centrifugal pumps demand to rise at 4.7% between 2021 and 2031 in the agricultural segment.

Strong demand from the water and wastewater sector and the food and beverage industry drives the centrifugal pump market in terms of volume. Demand for centrifugal pumps slumped in 2020 due to the COVID-19 pandemic.

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However, the water and wastewater segment of the industry was not affected as much due to the latest guidelines issued by World Health Organization (WHO) on water sanitation standards which bodes well for sales in the near future. Despite the economic impact of the crisis in many countries, the market’s long-term outlook will remain optimistic.

FMI predicts healthy growth in the oil and gas industry, particularly in economies such as China, U.S., the Middle East, and Africa. Centrifugal pumps are important for ensuring accurate and repeatable transportation and pumping operations in the industry. As a result, the rise in oil and gas sector activities around the world is driving demand for centrifugal pumps.

Global demand for centrifugal pumps is directly correlated to infrastructure development activities worldwide. Governments of developing countries such as China and India are focusing on urbanization, which in turn is anticipated to fuel demand for centrifugal pumps particularly in domestic, Water and wastewater treatment industries

The presence of numerous Chinese players offering low-priced centrifugal pumps acts as a restraint to most regional and global players. Increasing price pressure from these players is influencing key suppliers to offer high-quality, reliable, efficient and technologically-advanced centrifugal pumps at competitive rates.

Manufacturers need to evaluate life cycle costs and facilitate smart buying decisions. Centrifugal pump manufacturers need to analyze cost of energy and return of investment for centrifugal pumps compared to purchase and installation costs.

Key Takeaways from Centrifugal Pump Market Study

Multi stage pumps are expected to hold over 50% of the global market share, supported by heavy duty requirements of the oil and gas sector.
Water and wastewater applications are projected to hold over a third of the overall market share by 2031-end, aided by infrastructure investments in emerging economies.
The market in the South Africa is projected to expand at a CAGR of around 5%, while that of Mexico accounts for approximately 4%, through 2031.
The markets in India and South Korea are set to surge at higher than 5% CAGR over the coming decade.
Germany will hold the lead in Europe with a valuation of over US$ 1.2 Bn in 2021. Major investments in the natural gas sector will provide impetus.

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“Developing nations are exhibiting high demand for centrifugal pumps for industrial and commercials applications, driven by rising investments into water and wastewater infrastructure by governments. This will enable growth in the overall market through 2031,” says a Future Market Insights analyst.

Centrifugal Pumps Market by Category

By Product Type:

Single Stage Pump
- Small
- Medium
- High
Multi Stage Pump
- Small
- Medium
- High
Axial & Mixed Flow Pump
- Small
- Medium
- High
Submersible Pump
- Small
- Medium
- High
Seal Less & Circular Pump
- Small
- Medium
- High

By Application Type:

Industrial Centrifugal Pumps
- Oil & Gas
- Chemical
- Water & Wastewater
- Food & Beverage
- Pharmaceutical
- Power
- Others
Agricultural Centrifugal Pumps
Domestic Centrifugal Pumps

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By Region:

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

Competitive Landscape

The centrifugal pumps market is highly consolidated, with key players accounting for more than four-fifth of the market share. These players are likely to invest in technology developments and the expansion of their networks in order to maintain their market shares.

Some of the key players in this industry include but are not limited to

Ebara Corp.,
Xylem Inc.,
Sulzer AG,
KSB Group,
Flowserve Corp., and
Kirloskar Brothers.

Find More Valuable Insights

The research report analyzes demand for centrifugal pump. The global centrifugal pump market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the market has been analyzed on the basis of product type, application, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.

China Industrial Hoses Market: Cryogenics and Air Separation Applications to Reflect 7.1% CAGR

[200 Pages Report] In 2021, the China Industrial hoses market is estimated to record 5.7% year on year growth, bucking initial skepticism about how the market would perform during a global pandemic. In China, the total demand of industrial hoses is expected to reach 548 Mn Meters by 2031.

According to the analysis by Future Market Insights (FMI), the China industrial hoses market will surpass a valuation of US$ 1.9 Bn in 2031, rising at a CAGR of 7.3%. Ultra-high pressure industrial hoses will reflect a positive growth outlook with a CAGR of 7.5% through the assessment period.

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The sales of industrial hoses in China are also understood to have risen with demand from its domestic market commanding over 55% of the nation’s total sales and consumption. The export curbs are also likely to be eased in the upcoming years.

The oil and gas industry is considered as one of the prominent users of industrial hoses. Crude oil and gas being corrosive in nature may erode linings and will call for regular installment of hoses, thus driving the sales of replacement units. Superior grade materials such as composites, polymers, and steel is expected to augur the sales of industrial hoses to a high degree.

Advent of cryogenics in HVAC, industrial air separation plants, and medicine has necessitated the use of industrial hoses under extreme pressure and temperature. Steel and braided hose types have been preferred for the same. The demand is likely to be propelled by the medical and life sciences sectors incorporating cold storage systems and cryogenics.

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Key Takeaways from Market Study

China has an estimated share of 9.1% of the global industrial hoses market and close 30% of regional market consumption owing to the country’s high manufacturing output.
Lubricant hoses to hold the lead with US$ 166.1 Mn in 2021 owing to extensive use in automotive applications.
Plastic and polymer hoses account for over 33% of the value share in 2021, owing to cost and durability benefits.
Energy applications to account for US$ 148 Mn in 2021, driven by investments in energy infrastructure upgrades.
Leading provinces in China are estimated to contribute over 40% of the overall market consumption at 1.1 X of the overall CAGR.

“Transportation of critical fluids under stringent pressure regulations and demand from construction, oil and gas, and cryogenics sectors are major factors driving the demand for industrial hoses in China through 2031,” says a Future Market Insights analyst.

Industrial Hoses Market by Category

By Material:

Plastics & Polymers
- PTFE
- PUR
- PVC
- Nylon
- Silicone
- Hybrid
Steel
Braiding Yarn
Composites

By Product Type:

Tank Water Hoses
Gardening Hoses
Fuel Hoses
Diving Hoses
Brake Hoses
Bicycle Hydraulic Brake Hoses
Lubricant Hoses
Hydraulic Hoses
Mini Hydraulic Hoses
Pneumatic Hoses
Cryogenic Transfer Hoses
Gas Connection Hoses

By Pressure Intake:

Low Pressure
Medium Pressure
High Pressure
Ultra High Pressure

By Application:

Commercial Plumbing
Residential Plumbing
Gardening
Manufacturing
- Food & Beverages
- Chemicals
- Pharmaceuticals
- Others
Cryogenics & Air Separation Plants
Energy
Marine Engines & Equipment
Diving Device
Vehicles
Heavy Duty Trucks
- Off Road Construction & Earth Moving Equipment
- Industrial Forklifts
- Agricultural Vehicles
- Mining Vehicles
- Fuel Tankers
Water Tankers

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Competitive Landscape

The market is highly fragmented, with key players accounting for slightly more than one-fifth of the market share. These players are likely to invest in developing new materials and expansion of their clientele in various industries to enhance their product portfolios.

Some of the key players in this industry are Parker Hannifin Corporation, Tiger Polymer Corporation, Continental AG, Eaton Corporation, Rehau Group AG, Balflex LLC, Trelleborg AB, Kuriyama Holdings Corporation, and Qingdao Everflex Rubber & Plastic Co., Ltd. amongst others.

Global Dredging Market to Experience Deceleration amid COVID-19: FMI

Future Market Insights (FMI), an ESOMAR-certified market research and consulting firm, has published an updated edition to its widely cited report on the global dredging market. The study revises its earlier forecast on dredging market growth, readjusting key indicators for COVID-19 impact. Downturns are largely attributed to volatility in the oil & gas sector, a key end-use industry for dredging projects. However, government efforts to address flooding problems in coastal areas and low-lying plains is likely to keep dredging projects demand sustained in the long-term.

Furthermore, efforts to sustain global trade volumes to reinvigorate the economy is providing much-needed stimulus to the market.

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Key Takeaways

High urbanization rate across emerging economies to fuel dredging projects in the long run
Government agencies to comprise over 40% of the dredging equipment customer base
Adoption of innovative equipment monitoring technologies such as smart virtual software growing
East Asia to emerge as the largest market, expanding at over 4% CAGR
Trade maintenance to be key application area, accounting for 3 out of 10 projects through 2030.

“Rising concerns over possible environmental damage is prompting dredging corporations to collaborate with governmental and private players to develop eco-friendly approaches to expand their projects,” concludes an FMI analyst.

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COVID-19 Impact Insights

The COVID-19 pandemic has resulted in an unprecedented recession which is expected to influence the dredging market size to a large extent. Massive production crunches across the oil & gas and tourism sectors are adversely impacting the dredging market.

As the pandemic spread, the grounding of airplanes and automobiles led to a massive downswing in the transportation sector. This resulted in an abrupt demand shock across the oil and gas industry, compelling oil producing giants to cease production, leading to a glut in product inventories.

Fortunately, recent months have witnessed a shoring up of oil prices. Still, OPEC+ countries have curbed supply, with cuts amounting to 7.7 million barrels per day prevailing until December 2020. Such downswings are impacting dredging projects throughout the entire world.

The present-day slump in oil prices is akin to the 2008 financial crisis. Possible recovery is anticipated in 2021 or 2022, restoring prices to pre-crisis levels of US$ 50-60 per oil barrels. This projected favourable outlook is likely to restore prospects for the global dredging market, as companies are expected to resume exploration projects.

Competitive Landscape

The global dredging market comprises of numerous regional and global vendors, rendering the market highly competitive. Players rely on strategic alliances, joint-ventures and development of technologically advanced solutions to penetrate lucrative markets.

In 2019, Jan De Nul Group initiated maintenance dredging works in Nieuwpoort, Belgium. This project was part and parcel of the company’s commitment to reduce CO₂emissions by 15%. To achieve this, it incorporated renewable biofuel from sustainable waste flows.

In October 2020, Royal Boskalis Westminster N.V secured multiple dredging contracts across Germany worth € 45 million from a host of regional maritime transport vendors. These contracts aim to provide flood protection, construction of a shipping fairway and port maintenance across numerous locations.

Key Segments

Application

Trade Activity
Trade Maintenance
Energy Infrastructure
Urban Development
Coastal Protection
Leisure

Customer

Government
O&G Companies
Mining Companies
Renewables
Others

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Region

North America (U.S & Canada)
Latin America (Brazil, Mexico, Argentina & Rest of Latin America)
Europe (Germany, Italy, France, U.K., Spain, BENELUX & Rest of Europe)
East Asia (China, Japan & South Korea)
South Asia & Oceania (India, Thailand, Malaysia, Singapore, Australia & New Zealand and Rest of South Asia & Pacific)
Middle East & Africa (GCC, South Africa, Nigeria, Israel & Rest of MEA)

More Insights on the Dredging Market

Future Market Insights provides a comprehensive overview on the global dredging market, including a historical forecast from 2015 to 2019 & opportunity assessment from 2020-2030. The study provides compelling insights on the global dredging market on basis of application (trade activity, trade maintenance, energy infrastructure, urban development, coastal protection & leisure) and customer (government, O&G companies, mining companies, renewables & others) across six major regions.

Noise Control System Market is expected to grow at a CAGR over 3.7% between 2021 and 2031

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

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

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

Polymer & Composites Remain Preferred Materials

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

Vibration Isolation Units Highly Sought-After

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

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

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

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Industrial Noise Control Utilization in Internal Application Prominent

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

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

Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

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

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

Noise Control System Market: Taxonomy

Product Type

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

Material Type

Fiberglass Wood Plastic Sheets Concrete Other

Application

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

Regions

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

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

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

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

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

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

Noise Control System Market is expected to grow at a CAGR over 3.7% between 2021 and 2031

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Noise Control System Market

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

Polymer & Composites Remain Preferred Materials

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

Vibration Isolation Units Highly Sought-After

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

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

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Industrial Noise Control Utilisation in Internal Application Prominent

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

Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

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

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

The FMI report tracks the industrial noise control market for the period 2021-2031. According to the report, the industrial noise control market is projected to grow at 3.9% volume CAGR through 2031.

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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

For more insights, write into FMI analysts at press@futuremarketinsights.com

Industrial Robotic Motors Market is anticipated to grow at a CAGR of ~13% during the forecast period of 2019-2029.

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

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

East Asia Continues to Offer Considerable Growth Opportunities

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

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

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

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

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

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

By Fit Type
• First Fit
• Retro Fit

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

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Industrial Robotic Motors Market: Vendor Insights

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

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