Global Small Continuous Fryer Market Eyes US$ 1,007.0 Million Valuation by 2033, Driven by Steady 4.4% CAGR Growth

The global small continuous fryer market is poised to achieve a noteworthy valuation of US$ 1,007.0 million by 2033, a significant increase from its 2023 value of US$ 654.7 million. This impressive trajectory is sustained by a consistent Compound Annual Growth Rate (CAGR) of 4.4% throughout the forecast period, fueled by factors such as the rapid expansion of the HoReCa (Hotel, Restaurant, and Catering) industry and the enduring global demand for fried foods.

Small continuous fryers have emerged as innovative solutions within modern frying practices, gaining considerable recognition, particularly in the HoReCa and quick-service restaurant sectors. These fryers offer a compelling combination of features, including a compact design that optimizes kitchen space and exceptional frying performance. Moreover, their energy efficiency not only reduces operating costs but also aligns with the increasing sustainability consciousness in the culinary industry. This narrative underscores the pivotal role of small continuous fryers as essential contributors to the evolving culinary landscape.

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Rising consumption of fast foods across the world and increasing number of quick service and full-service restaurants are some of the key factors driving demand for small continuous fryers in the global market.

Small continuous fryers are being increasingly used across restaurants and food processing plants to produce a wide range of food products including French fries, chicken strips, fish, cheese sticks, etc. Growing production and consumption of these fried fast foods due to increasing population, fast lifestyle, changing eating habits, and increasing disposable income will eventually boost the global small continuous fryer market during the forecast period.

Similarly, innovation in small continuous fryers, flourishing food tourism, and favorable government support are expected to aid in the expansion of small continuous fryer market over the next ten years.

Regionally, North America will continue to dominate the global small continuous fryer market during the forecast period, owing to the rapid growth of HoReCa industry, increasing consumer spending on fast foods, and heavy presence of leading manufacturers.

Key Takeaways from the Small Continuous Fryer Market Study:

  • During the projection period 2023-2033, the small continuous fryer market is expected to exhibit a CAGR of 4.4%.
  • Based on product type, demand remains high for gas-based small continuous fryers in the global market.
  • North America and Europe collectively hold the largest share of the global small continuous fryer market.
  • The U.S. accounts for approximately 38.3% share of the North America small continuous fryer market.
  • Demand for small continuous fryers across India is expected to rise at 6.0% CAGR through 2033.
  • The U.K. small continuous fryer market is projected to grow at 6.1% during the forecast period.

“Burgeoning consumption of on-the-go fast foods like French fries and fried chicken across the world is expected to drive the global small continuous fryer swiftly during the forecast period. Besides this, rapid expansion of quick service restaurants industry will boost sales in the market” says a lead FMI analyst.

Who is Winning?

EMA Europe, Tecnofryer, SunMax, TJF, Pacific, Heat and Control, M.Serra, FMT, PSG Dallas, Nilma, Schomaker Convenience Technik, Tna, Kalyan Machines, Ding Han Machinery, Zhengzhou Longer Machinery, and Huaxing Machinery are some of the leading manufacturers and suppliers of small continuous fryers.

These players are constantly upgrading their product portfolios by introducing new and advanced solutions. Besides this, they are employing strategies such as mergers, acquisitions, mergers, and collaborations to stay ahead in the global market.

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Small Continuous Fryer Market by Category:

By Product Type:

  • Gas
  • Steam
  • Others

By Application:

  • Food Processing Plant
  • Restaurant

By Distribution Channel:

  • Online
  • Offline

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

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Author:

Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.

She has exceptional analytical skills and often brings thought leadership to the table.

Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.

Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.

Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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Global Poultry Processing Equipment Market Set for Impressive Growth, Targeting US$ 7,958.3 Million Valuation by 2032, Driven by a Resilient 6.6% CAGR

The global poultry processing equipment market is anticipated to soar from its 2022 valuation of US$ 4,200.0 million to a notable US$ 7,958.3 million by 2032, propelled by a commendable Compound Annual Growth Rate (CAGR) of 6.6% over the forecast period.

The driving force behind this remarkable growth is the escalating demand for poultry products, necessitating advanced poultry processing equipment as an essential solution to cater to this ever-expanding demand. These sophisticated machinery systems are strategically deployed along poultry processing lines, efficiently managing tasks such as slaughtering, processing, and packaging of poultry products at a scale that seamlessly aligns with the escalating global demand.

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The global poultry processing equipment market is thus poised for substantial expansion, closely aligned with the exponential consumption of poultry products on a global scale. As dietary preferences and consumer tastes continue to evolve, poultry remains a favored protein source for millions of people around the world. This sustained demand underscores the importance of efficient and modern processing equipment, ensuring that the supply chain can meet the needs of a growing population and cater to the dynamic culinary preferences of diverse markets.

Global Poultry Processing Equipment Market Thrives on Rising Poultry Consumption:

The escalating global consumption of poultry meat, particularly chicken, acts as a pivotal catalyst propelling the growth trajectory of the poultry processing equipment market. This momentum is projected to persist, shaping the market’s course in the coming forecast period.

Poultry processing equipment stands as an arsenal of tools and machinery leveraged by companies for large-scale poultry meat processing. These sophisticated systems encompass a spectrum of tasks, from slaughtering, de-feathering, and de-boning to evisceration and marinating. Their deployment aids end users in enhancing productivity and curtailing labor costs.

The convergence of factors, including rapid population growth, escalating disposable incomes, and evolving lifestyles, fosters an amplified preference for processed and ready-to-eat food products. Delectable offerings like chicken wings, fried chicken, and chicken patties command increased attention. Consequently, poultry processing plants are amplifying their production capacities. This surge lays the groundwork for robust poultry processing equipment sales, anticipated to carve a noteworthy trajectory over the forthcoming decade.

Key Insights from Poultry Processing Equipment Market Study:

  • Leading Product Segments: Poultry slaughtering and de-feathering equipment segments spearhead the global market by product type.
  • Dominant Application: The chicken processing segment maintains its dominance in the global poultry processing equipment market.
  • North American Supremacy: North America boasts the largest share of the global poultry processing equipment market.
  • Asia Pacific’s Growth Potential: Asia Pacific is poised to emerge as the swiftest growing poultry processing equipment market, driven by surging chicken meat consumption.
  • U.S. Demand Projection: A robust demand surge is anticipated for poultry processing equipment across the U.S. in the forthcoming decade.

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Dominant Contenders in Poultry Processing Equipment Market:

Market Leaders: Marel HF, Key Technology Inc., John Bean Technologies Corporation, CTB Inc., and Baader Food Processing Machinery Inc. stand as frontrunners in the global poultry processing equipment arena.

Strategic Footholds: These industry titans employ a strategic array of tactics, including novel product introductions, synergistic partnerships, mergers, acquisitions, and collaborative ventures. These maneuvers aim to bolster sales figures and fortify their entrenched positions within the global market landscape.

Poultry Processing Equipment Market Segmentation by Category:

By Product Type:

  • Poultry Slaughtering Equipment
  • De-feathering Equipment
  • De-boning Equipment
  • Cut-up Machine
  • Evisceration Equipment
  • Tumbling Equipment
  • Marinating Equipment

By Application:

  • Chicken Processing
  • Turkey Processing
  • Duck Processing

By Distribution Channel:

  • Online
  • Offline

By Region:

  • North America
  • Latin America
  • Asia pacific
  • Eastern Europe
  • Western Europe
  • Japan

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Author:

Ronak Shah (Associate Vice President at Future Market Insights) is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers’ shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Urea Strippers Market Set for Steady Growth, Aiming for US$ 9,912.32 Million Valuation by 2032 with a Consistent 2.4% CAGR

The urea strippers market, valued at US$ 7,819.44 million in 2022, is poised for continual advancement from 2022 to 2032, progressing at a stable rate of 2.4%. This growth trajectory is expected to lead to a significant market value of US$ 9,912.32 million by 2032.

The thriving urea strippers market owes its expansion to various factors, with prominent among them being the widespread utilization of urea strippers as an integral component in fertilizer production. Urea holds a pivotal role in the formulation of nitrogen-based fertilizers, essential for augmenting crop yields. Against the backdrop of a global agricultural sector striving to enhance productivity to meet the demands of a burgeoning population, the demand for urea-based fertilizers, and consequently, urea strippers, is poised for notable growth.

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The urea strippers market is witnessing substantial growth, driven by burgeoning demand in the fertilizer sector, according to a recent report by Future Market Insights (FMI). The market is set for remarkable expansion from 2022 to 2032, fueled not only by its widespread use as a fertilizer but also by its increasing applications beyond fertilization.

With the global population projected to reach 9.9 billion by 2050, a 25% surge from the 2020 figure of 7.8 billion, the demand for food is escalating significantly. To meet this demand, farmers are anticipated to produce approximately 70% more food by 2050, as indicated by the UN Food and Agriculture Organization (FAO). Consequently, the agricultural industry will focus on optimizing land use to maximize output, leading to an increased adoption of urea strippers for enhanced crop yield and production. Given that agriculture is the primary end-use sector for urea strippers, the surge in food demand will directly propel the market’s growth trajectory.

Key Insights from the Urea Strippers Market Analysis:

Expansive Application in Chemical Process Industry: Urea strippers are witnessing escalating demand in the chemical process sector, attributed to their versatile utilization across domains such as agriculture and automotive products.

Sustained Demand Amid Fertilizer Expansion: With fertilizer production poised for continuous expansion, the demand for urea strippers is expected to maintain a steady upward trajectory.

End-Use Industry Influence on Regional Dominance: The escalating utilization of urea across end-use sectors will contribute to the enduring dominance of East Asia and South Asia Pacific within the market.

Localized Market Growth: The growth of the urea strippers market is primarily influenced by localized factors, as regions where they are manufactured and consumed record maximum consumption.

Market Dynamics: Innovations and Strategic Collaborations Driving Competition

Manufacturers are strategically harnessing innovation to optimize profitability, spearheading advancements in the urea strippers market. Key stakeholders, including tier 1 and tier 2 players, command substantial market shares, intensifying competition and prompting a wave of novel developments in the sector. A pivotal shift in focus is evident, as these players actively forge partnerships with diverse enterprises to enhance market visibility. Notably, economies reliant on agriculture wield a formidable influence, solidifying their pivotal role in shaping the market landscape.

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Key Players:

  • Larson & Toubro
  • Saipem S.p.A.
  • Stamicarbon
  • Urea Casale
  • TOYO India
  • ALFA LAVAL
  • NICK
  • Thyssenkrupp
  • FLOWTRONIX
  • Images Heavy Engineering Ltd
  • Kay Iron Works (Jorian) Private Limited
  • FEECO International, Inc
  • Sandvik AB
  • MANGIAROTTI spa
  • Paramount Limited

Key Segments Covered:

Categorized by Material of Construction:

  • Duplex Steel
  • Stainless Steel
  • Zirconium
  • Titanium
  • 25 Cr-22Ni-2Mo
  • 316 L- UG

Categorized by Capacity:

  • Up to 1,000 MTPD
  • 1,000-1,500 MTPD
  • 1,500-3,500 MTPD
  • Above 3,500 MTPD

Categorized by Region:

  • North America: Comprising the USA and Canada
  • Europe: Encompassing Russia, Ukraine, and the broader European region
  • East Asia: Including China, Japan, and other East Asian nations
  • South Asia Pacific: Covering India, ASEAN countries, and the wider South Asian and Pacific area
  • Rest of the World: Encompassing GCC Countries, Africa, and other global regions

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Extrusion Equipment Market Poised to Reach US$ 8,764.6 Million Valuation by 2032, Fueled by Robust 5.3% CAGR Growth

The global extrusion equipment market is set to witness a substantial compound annual growth rate (CAGR) of 5.3% throughout the forecast period, with a targeted valuation of US$ 8,764.6 million by 2032, showcasing significant expansion from its 2022 value of US$ 5,243.7 million.

The surge in demand for extrusion equipment across diverse industries can be attributed to several pivotal factors. A primary catalyst is the rising need for extruded products. The versatility of extrusion, facilitating the production of intricate shapes and profiles, coupled with its efficiency in large-scale manufacturing, has spurred the growing demand for extrusion equipment. Its applications span a wide spectrum of industries, encompassing food and beverages, plastics, automotive, and construction, among others.

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Extrusion Equipment Market Dynamics and Trends:

The extrusion equipment market is generally driven by end use industries such as food, consumer goods, pharmaceuticals, refractory materials, etc. where the extruded products are manufactured. Operation on optimal loads and flexibility in design orientation of feedstock materials are being focused by extrusion equipment manufacturers. These are the trends currently prevailing in the extrusion equipment manufacturing segment. This aspect has been regularly acted upon by OEMs via product development programs. The market however, could be restrained only due to lack of growth and expansion in the end use industries in regions such as Europe and U.S.
The extrusion equipment market has business potential in the form of maintenance and service aspects, post initial purchase and installation. Product support and services are provided by OEMs, suppliers as well as distributors. Price, product features, after sales service and sales distribution network are the key defining parameters for a company to sustain its business in the competitive market.

Extrusion Equipment Market: Regional Analysis and Outlook

The OEMs related to extrusion equipment market are mainly based in Asia Pacific particularly in China, U.S. and Europe owing to the end industry development, strong sales and distribution channels and their established technical know-how in end use industries. The Asia Pacific end use market alone is expected to drive a significant growth rate of industrial equipment especially in the field of consumer goods, food products and pharmaceutical industry. In pharmaceutical industry, extrusion is done using nano-porous, polymeric filters with a specific size of narrow-size distribution.
Latin America is also expected to augment the market demand in terms of development in food, pharmaceutical industry as well. The extrusion equipment market would also benefit significantly from the renewable energy sector across the globe with biomass extrudes used as feedstock. The extrusion equipment market is expected to witness a decent growth during the forecast period, 2022-2032.

Extrusion Equipment Market: Market Participants

The competitive landscape for Extrusion Equipment Market is majorly marked by the presence of large players as well as small scale players. Some of the market participants involved in the global Extrusion equipment market are: Milacron, RDN Manufacturing Co., Inc., Coperion GmbH, Conair Group, Toshiba Machine Co., Ltd., HPM, Krauss Maffei and Thermo Fischer Scientific Inc. along with other mid-small scale OEMs and regional enterprises.

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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Key Segments:

By Product Type:

  • Single Screw Extruders
  • Twin Screw Extruders
  • Downstream Equipment

By Load Type:

  • Variable
  • Hydrostatic

By Press Position:

  • Horizontal
  • Vertical

By End User:

  • Plastic Goods
  • Processed Food
  • Pharmaceutical
  • Non-Conventional Energy
  • Construction Materials

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global External Combustion Engine Market Anticipates US$ 889.0 Million by 2032, Driven by a Steady CAGR of 3.9%

The global external combustion engine market is poised to experience a robust Compound Annual Growth Rate (CAGR) of 3.9% throughout the forecast period. Initial projections suggest a market value of approximately US$ 604.3 million in 2022, with a significant ascent anticipated to achieve an estimated valuation of US$ 889.0 million by 2032.

The heightened demand for external combustion engines can be attributed to their distinctive operational principle, characterized by compressing external fuel through a heat exchanger or engine wall, facilitating combustion. This unique approach positions them as highly suitable for specific applications, setting them apart from internal combustion engines.

The upward trajectory observed in the external combustion engine market underscores the industry’s steadfast commitment to innovation and the widespread adoption of environmentally sustainable power generation solutions.

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Advancing and Constraint Factors in the External Combustion System Market:

Drivers:

Due to its flexibility in arrangement and ability to use any source of heat, the market for external combustion systems is anticipated to grow over the course of the forecast period. Fuel is burned by the engine outside of the power cylinder, which is anticipated to play a significant role during the forecast period.

Additionally, external combustion engines use heat from sources like solar, geothermal, biomass, or municipal waste. These elements support the market’s expansion during the anticipated period. Additionally, flexibility in an arrangement is possible to further support the external combustion engine over the forecast period due to external combustion.

Aside from that, the market is being driven by the various advantages of external combustion systems, such as continuous external combustion, which lowers emissions and eliminates the exhaust of high-pressure combustion products.

Restraints:

It is expected that the long startup times of external combustion engines will restrain the market’s growth over the forecast period. Furthermore, risk factors like the boiler bursting due to too much steam pressure have compelled the end users to endorse alternative machinery.

During the forecast period, this action is anticipated to restrain the market’s expansion for external combustion engines. Over the course of the forecast period, it is also anticipated that the external combustion engine’s high investment costs and poor efficiency will restrain market expansion.

Analysis of Asia Pacific External Combustion Engine Market:

During the forecast period, the Asia Pacific region will primarily dominate the market for external combustion engines. Due to the region’s rapid industrialization and expanding number of power plants, nations like China, India, and Japan are experiencing rapid economic growth.

Additionally, over the course of the forecast period, the marine industry in the APAC region experienced significant growth, which significantly boosted the market for external combustion engines. Over the course of the forecast period, the APAC region’s external combustion engine market is anticipated to experience strong growth.

Condition of North American & Europe Regions in the External Combustion Engine:

Due to the region’s growing need for external combustion engines for a variety of applications, including pumps, ships, power plants,., North America is a significant market for these engines. Out of all the regions, North America will hold 18% of the market during the forecast period.

On the other hand, the external combustion engine market is also expanding steadily in the Europe region, gaining 22% of the market during the forecast period. The region’s market is being driven by expanding industrialization and major thermal plant construction. Due to the increasing use of external combustion engines in recent years and the UK’s position as a leading nation, the market is growing quickly.

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Key Players Profiled in Report:

  • Stirling Thermal Motors Inc.
  • Deere & Company
  • Sterling Power Systems
  • Aisin Seiki Co. Ltd.
  • Genoastirling S.r.lw
  • Microgen Engine Corporation
  • Sunpower Inc.
  • Saab AB
  • Reliable Steam Engine Co.

Key Segments

By Product Type:

  • Steam Engine
  • Stirling Engine

By Application:

  • Pump
  • Ship
  • Thermal Power Plant
  • Train
  • Nuclear Power Plant

By Region:

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

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

Solar Microinverter Market on Course for Remarkable Growth, Predicted to Surpass US$ 5,716.0 Million by 2032, Driven by Robust 18.1% CAGR

The global solar microinverter market is poised to achieve an impressive Compound Annual Growth Rate (CAGR) of 18.1% from 2022 to 2032, projecting a valuation surpassing US$ 5,716.0 million by the end of the decade. This remarkable surge not only reflects the increasing adoption of solar energy but also underscores the pivotal role that microinverters play in the intricate solar ecosystem.

Amidst this growth narrative, a significant trend takes center stage: the integrated system category is positioned to command over 8% of the global solar microinverter market share in 2022. Integrated systems, seamlessly combining solar panels and microinverters, are gaining considerable traction due to their simplicity and efficiency. They play a crucial role in democratizing solar energy access, extending their impact into residential and commercial sectors, particularly in emerging economies.

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Rapid Expansion Predicted for Solar Microinverters Market Amidst Growing Investments in Renewable Technologies:

The solar microinverters market is poised for remarkable growth, propelled by advanced technical advantages over traditional alternatives, catalyzed by increasing investments in renewable energy technologies. Established solar inverter market leaders are swiftly acquiring microinverter-focused small and medium-sized enterprises (SMEs) and capital-funded startups. According to FMI, diversifying product portfolios is imperative for solar microinverter installation companies and module firms to secure a competitive edge.

With its high energy yield, module-level monitoring capabilities, and safety enhancements, solar microinverters are anticipated to experience escalating demand from residential and commercial sectors. The market captures 12-16% of the global solar inverter market, as indicated by FMI.

Growing environmental consciousness, coupled with stringent regulations against non-renewable power generation methods to address power shortages, is driving global demand for solar microinverters. The upsurge in residential and commercial sector growth, especially in emerging economies, is fostering solar panel installations and subsequently boosting sales of solar microinverters.

Competitive Landscape:

Leading solar microinverter manufacturers are under increasing pressure to enhance product reliability and efficiency to meet rising demand for eco-friendly solar solutions. Manufacturers are expanding their market presence through innovative product launches and collaborative initiatives to make environmentally conscious solar microinverters more accessible to consumers.

More Insights into the Solar Microinverter Market:

The surging use of solar photovoltaics in residential spaces in the U.S. has been primarily elevated due to the electricity cost savings, surging demand for an alternative electricity source, and urgent need to reduce the risk of climate change.

The optimal reason for driving the demand for solar energy in abundance is the rising need for solar energy that the traditional power sources in the U.S., which is anticipated to boost sales of solar microinverters. It is estimated that the U.S. will generate roughly 34.8% of the global solar microinverter market share during the projected timeframe.

The German solar microinverter market is predicted to acquire a larger share of the market with nearly 7.5% throughout the assessment period. The market for solar microinverters in the country is anticipated to be valued at about US$ 463.0 Mn in 2032.

Widespread awareness about sustainable energy options and surging electrification across end-use sectors all over the world are likely to propel growth in the market. In addition to that, increasing demand for solar microinverters from the residential and commercial sectors is anticipated to accelerate the solar microinverter market in the country.

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Key Players Profiled in Report:

  • Enphase Energy Inc.
  • Altenergy Power Systems Inc.
  • SMA Solar Technology AG
  • ABB Ltd.
  • SunPower Corporations
  • Darfon Electronics Corporation
  • Northern Electric and Power Co. Ltd.
  • Sparq Systems
  • Chilicon Power, LLC
  • iEnergy Co. Ltd

Key Segments Covered in Solar Microinverter Industry Analysis:

By System Type:

  • Standalone
  • Integrated

By End Use:

  • Residential
  • Commercial
  • Utility

By Region:

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

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Organic Tea Market Blooms with an Expected Valuation of US$2.69 Billion by 2033

Organic Tea Market

The organic tea market is expected to expand its roots at a steady CAGR of 8.0% during the forecast period. The market is likely to hold a revenue of US$ 1.24 billion in 2023 while it is anticipated to cross a value of US$ 2.69 billion by 2033.

Organic products are getting more popular among customers due to changing lifestyles and the growing belief that organic products are healthier than conventional ones. Furthermore, the growing trend of consuming naturally derived and pesticide-free products will drive organic tea sales higher around the world.

Food safety has become an important priority for consumers, hence organic foods grown organically without the use of artificial fertilisers, such as organic tea leaf, are considered safer than conventional tea leaf. This is also helping the organic tea industry gain popularity.

Furthermore, the organic tea industry is predicted to expand as a result of the rising trend of organic and clean label nutritious beverages.

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Key Takeaways from Market Study

  • Based on product type, herbal organic tea is anticipated to account for over 50% of the market share over the forecast period.
  • The North America organic tea market is expected to register growth at 7.9% CAGR during the forecast period.
  • Europe is expected to account for 3/7th of the global organic tea consumption through 2032
  • Organic tea sold in tea bags is expected to hold a market share of over 40% in the forecast period
  • The supply chain for the organic tea market was severely affected by COVID-19, resulting in a slowdown in sales. However, with the recovery of the economy and rising demand for functional beverages, the market is anticipated to grow significantly.

 “Consumers seeking authentic tea experience will result in high demand for specialty tea. This is expected to aid the organic tea market growth,” says a analyst.

Competitive Landscape

The global organic tea market is moderately consolidated with the leading players focusing on launching new and innovative teas while strategically partnering and acquiring established players in the business. In addition, they are also expanding their production capabilities to allow consolidation in the market:

  • In October 2019, a leading company selling organic tea, Choice Organic Teas was acquired by Yogi Tea as a strategic move to expand their organic tea business globally.
  • Celestial Seasonings launched TeaWell in October 2019, a product line that combines organic wellness tea with a potent blend of health benefits and exquisite tastes. The range includes a variety of flavours created using a mix of herbs and botanicals. The “Daily Wellness Core” in these products is a combination of four vital ingredients: elderberry, dandelion root, panax ginseng and green rooibos.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global organic tea market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

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Organic Tea Market by Category By Product Type, Organic Tea Market is Segmented as:

  • True Tea
    • Black Tea
    • Green Tea
    • Oolong Tea
    • Pu-erh Tea
    • White Tea
  • Herbal Tea
    • Chamomile Herbal Tea
    • Peppermint Herbal Tea
    • Ginger Herbal Tea
    • Lemongrass Herbal Tea
    • Other Herbal Teas

By Form, Organic Tea Market is Segmented as:

  • Dried Leaf
  • Powder Leaf
  • Liquid

By Packaging, Organic Tea Market is Segmented as:

  • Cartons
  • Cans
  • Tea Bags
  • Paper Pouches
  • Other Packaging

By Sales Channel, Organic Tea Market is Segmented as:

  • Offline Sales Channel
    • Supermarkets/Hypermarkets
    • Departmental Stores
    • Convenience Store
    • Other Sales Channel
  • Online Sales Channel
    • Company Website
    • E-commerce Platform

By Region, Organic Tea Market is Segmented as:

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

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Screw Compressor Market Set to Reach US$ 22.10 Billion by 2034, Driven by a Steady 3.4% CAGR, Fueled by Automation Trends

The screw compressor market is poised to achieve a projected value of US$ 22.10 billion by 2034, sustaining a steady annual growth rate of 3.4%. This growth is primarily fueled by the pervasive influence of automation trends, driving the industry to unprecedented levels of success.

A significant contributing factor to the market’s evolution is the increasing demand for oil-free screw air compressors, which is causing a transformative shift profoundly impacting the market’s trajectory. The rising preference for oil-free variants is attributed to industries’ heightened emphasis on seamless and contamination-free operations. Recognized as the preferred choice, these compressors offer a reliable and efficient solution, effectively addressing challenges associated with oil contamination in critical applications.

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Driving Forces behind the Surge in Screw Compressor Demand:

The industrial landscape is undergoing a transformation, with the spotlight firmly fixed on the escalating demand for screw compressors. This surge can be attributed to a convergence of pivotal factors that are reshaping the market dynamics. The contemporary industrial arena requires more than just compressed air; it demands oil-free systems that exhibit heightened precision, efficiency, and capacity. As this requirement gains prominence, the allure of screw compressors intensifies.

One of the linchpins driving this trend is the pursuit of operational cost efficiencies. By streamlining processes and minimizing auxiliary equipment, industrial air compressor manufacturers are ushering in a new era of cost-effectiveness. The result is a propellant for the sales of screw compressors, as industries seek not just performance but also smart economics.

A pivotal transition is underway, as conventional equipment yields ground to the technological prowess of next-generation screw compressors. These marvels of engineering not only tout enhanced eco-friendliness but also boast seamless installation and remarkably affordable maintenance. The allure of leaving behind the complexities of traditional systems in favor of the simplicity and advanced capabilities of contemporary technology is proving irresistible to consumers.

“Increasing adoption of rotary screw compressors across various industries, along with increasing popularity of stationary compressors will boost demand in the market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Based on technology, demand for stationary compressors will create an absolute opportunity worth US$ 3.8 Bn over the forecast period.
  • In terms of end use, the energy and transmission sector will offer an absolute opportunity of more than US$ 1.4 Bn over the assessment period.
  • Sales of screw compressors in the U.S. will grow at a 2.7% CAGR through 2034.
  • China will dominate the East Asia screw compressor market, with demand growing at a 4.0 % CAGR over the forecast period.
  • India will emerge as a lucrative pocket, with sales projected to increase at a 3.7% CAGR over the assessment period.

Competition Landscape:

Top players in the screw compressor market are expected to hold around 65%-70%  of the total market share. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.

Some of the key players operating in the market include Atlas Copco, Hitachi, Ingersoll Rand, Emerson Electric Co., Daikin Industries, Siemens, KOBELCO, IHI Rotating Machinery, KAESER, Boge Komressoren, and others.

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Global Screw Compressor Market by Category:

By Capacity:

  • Up to 5HP
  • 5 to 50HP
  • 50 to 250HP
  • Above 250HP

By Technology:

  • Stationary
    • Oil Lubricated
    • Oil-Free
  • Portable
    • Oil Lubricated
    • Oil-Free

By Stage:

  • Single Stage
  • Two-Stage
  • Multi-Stage

By Driver Type:

  • Liquid Driven
  • Gas Driven
  • Electric

By Type:

  • Belt Drive
  • Gear Drive

By End-Use:

  • Oil and Gas Industry
  • Chemical Industry
  • Energy and Transmission
  • Automotive and Aerospace
  • Mining and Minerals
  • Other Manufacturing Industry

By Region:

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

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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North America Residential Ball Valves Market Set to Exceed US$ 554.1 Million by 2032, Driven by an Average CAGR of 5.6% | FMI Analysis

The North America residential ball valves market is poised for significant growth, with Future Market Insights (FMI) projecting a notable Compound Annual Growth Rate (CAGR) of 5.6% from 2022 to 2032. By 2032, this dynamic market is anticipated to surpass a substantial valuation of US$ 554.1 million.

The increasing demand for residential ball valves in North America is driven by various factors, prominently influenced by the region’s ongoing urbanization and population distribution trends. Both the United States and Canada are characterized as highly urbanized nations, with over 80% of their populations residing in urban areas. This trend underscores the growing need for residential complexes such as apartments, townhouses, and villas.

The growth of the North America residential ball valve market highlights the crucial role these valves play in ensuring the efficiency and safety of residential water supply systems, thereby significantly contributing to the overall well-being of urban communities.

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Driving Forces for North America Residential Ball Valves Market:

The North American region has witnessed a population surge along with the expanding requirements of residential construction, marking key growth catalysts throughout the historical study period.

Consumer attitudes towards these devices are undergoing a shift, driven by a heightened consciousness about maintaining piping systems and engaging in water conservation efforts. In this context, Pressure Reducing Valves (PRVs) are expected to not only regulate flow but also incur lower maintenance costs for consumers. Responding to these evolving trends, manufacturers are channeling investments into research and development endeavors. This proactive approach aims to yield cutting-edge technologies and advanced products that align with and exceed consumer expectations.

Key Insights from Pressure Regulating Valves Market Analysis:

  • The market for direct operating Pressure Regulating Valves is poised to exhibit a notable growth with a value CAGR of 5.0%, reaching an estimated value of approximately US$ 772.5 million by 2032.
  • Among different end-use segments, Apartments and Condominiums are projected to present a substantial opportunity, translating into a dollar figure of US$ 295.4 million.
  • Within the North American Pressure Regulating Valves market, the Up to 2” inlet pressure type is anticipated to secure a majority share exceeding 50% by the close of the forecast period. This preference is attributed to its versatile application range and corresponding valuation.
  • In terms of country distribution, the U.S. is forecasted to assert its dominance, accounting for more than 80% of the market share by the conclusion of 2032. This prevailing trend is expected to persist throughout the forecast period.

Future Market Insights analyst remarked, “The accelerated growth of Pressure Regulating Valves market is propelled by the burgeoning residential construction sector and the enforcement of stringent energy-efficiency regulations, driven by the expanding North American population.”

Competitive Scenario in Pressure Regulating Valves Market:

The market exhibits a certain level of concentration, where leading players commanded a market share within the range of 55% to 65% of the total market revenue in 2021. Key players in this arena are dedicated to achieving a position of eminence by emphasizing operational efficiency and offering inventive product solutions that adhere to applied standards, thus aiming to secure a substantial stake in the market.

Prominent participants in this competitive landscape encompass Danfoss A/S, Watts Water Technologies, Inc., and Resideo Technologies Inc., among others.

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Manufacturing enterprises are strategically enhancing their market footprint by unveiling novel product offerings and fostering heightened collaboration.

  • In April 2022, Flomatic Valves unveiled its latest innovation, the Model 408S6 ball check valve, showcasing a comprehensive construction in 316 stainless steel.
  • In September 2020, Flomatic announced the augmentation of its ball check valve lineup, aligning with American Iron and Steel (AIS) compliance.

Key Segments Covered in Report:

By Valve Material:

  • Brass
  • Stainless Steel
  • PVC
  • Glass Fiber-Reinforced Polypropylene Ball Valve
  • Others

By Valve Type:

  • Floating
  • Trunnion Ball
  • Others

By Diameter:

  • 3/8″
  • 1/2″
  • 3/4″
  • 1″
  • 1 ¼”
  • upto to 2″

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Dynamic Positioning Systems Market Set to Exceed US$ 10.3 Billion by 2032, Driven by a Robust 11.6% CAGR

The global dynamic positioning systems market is poised for significant expansion, with projections indicating it will surpass a valuation of US$ 10.3 billion by 2032. This reflects a robust Compound Annual Growth Rate (CAGR) of 11.6%, starting from its 2022 value of US$ 8.2 billion.

A key driver propelling this substantial growth is the increasing demand for dynamic positioning systems, particularly notable in the Asia-Pacific region. This surge is primarily attributed to safety concerns associated with offshore oil and gas activities conducted in deep ocean waters. The Asia-Pacific region, characterized by significant geopolitical tensions among nations and boasting some of the world’s largest ports, has witnessed a notable rise in the necessity for dynamic positioning systems.

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Dynamic Positioning System Market: Drivers & Restraints

The prerequisite of advancement in technology (facilitates in deeper waters than vessels), increasing research & development initiatives by manufacturers is driving the demand of dynamic positioning systems. Dynamic positioning systems are better known for its safe and correct operations which are widely used for a variety of purposes in the offshore industry. It provides following benefits such as effective maritime operations, energy efficient system, helps in reducing operational costs and emissions, among others.

Rising maritime trade in Asia-Pacific and Middle-East Africa along with deep-sea excavations is the fundamental growth driver in the Dynamic Positioning system market. Ensuring safety operations and push from the government side is also helping in increasing the degree of awareness among the users. Additionally, growth in the shipping industry is also up surging with significant opportunities in this market. However, high implementation cost, lack of reliable communication and complexity in system are the major setback for the dynamic positioning system market.

Dynamic Positioning System Market: Region-wise Outlook

The global dynamic positioning system market is expected to register a CAGR of approximately 5 percent over the forecasted period 2022-2033. Depending upon geographic regions, global dynamic positioning system market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Japan, and Middle East & Africa. In terms of regions, Asia-Pacific accounts for the largest market share. Middle East and Africa market is projected to register a significant CAGR during the forecast period. Increasing maritime trade with technological updates is fueling the growth in Asia-Pacific and Middle East and Africa regions.

Countries such as China, Saudi Arabia, UAE, South Korea, Japan, Russia, among others is expected to witness an upsurge in the demand for DP systems. Eastern Europe and Latin America are also forecast to register a significant growth in the global dynamic positioning system market during the forecast period 2022-2033.

Dynamic Positioning System Market: Key Players

  • Moxa Inc.
  • Kongsberg Gruppen
  • Navis Engineering
  • Praxis Automation Technology B.V.
  • General Electric
  • Norr Systems Pte Ltd.
  • ABB
  • Marine Technologies, LLC
  • Wärtsilä
  • Rolls-Royce plc

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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 categories such as market segments, geographies, types, technology and applications.

Market Segments Covered:

By Equipment Type:

  • Class 1
  • Class 2
  • Class 3

By Component:

  • Power System
  • DP Control System
  • Thruster System

By Application:

  • Passenger Vessels
  • Merchant Vessels
  • Platform Supply Vessels/Offshore Support Vessels
  • Naval Vessels and Operations

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube