Cattle Feeder Panels Market Poised for Significant Growth, Projected to Reach US$ 11,619 Million by 2033 with a Strong 6.5% CAGR

The cattle feeder panels market is expected to maintain a consistent upward trajectory, driven by a projected Compound Annual Growth Rate (CAGR) of 6.5%. By 2033, the market’s revenue is anticipated to double, reaching an impressive US$ 11,619 million, showcasing substantial progress from its 2023 valuation of US$ 6,190 million.

The pivotal driver behind the remarkable growth in the cattle feeder panels market is the escalating demand for dairy farming and animal husbandry. This market intricately aligns with the thriving dairy industry, which is experiencing a global surge in the demand for high-quality dairy products. In response to consumers’ increasing preference for superior dairy offerings, the necessity for top-tier animal feed becomes paramount. The burgeoning appetite for dairy excellence emerges as a pivotal factor propelling the cattle feeder panels market forward.

Request Our Sample Report To Simplify Your Strategic Journey. https://www.futuremarketinsights.com/reports/sample/rep-gb-16449 

Using high-tech, automated feeder panels is becoming increasingly popular, since it increases productivity and lowers the cost of feeding cattle. Additionally, there is a stronger focus on innovative solutions that support worker and livestock safety.

The market is developing as a result of the increased availability of premium feeder panels. Many cattle feeder panels producers now choose premium panels, as they are designed to last longer and provide increased durability.

Manufacturers are now able to customize feeder panels to meet their specific needs. This has also aided in the market’s expansion, as manufacturers have been able to find feeder panels that adequately fulfill their requirements.

The government’s measures to promote productive and sustainable agricultural methods is another factor driving up demand for cow feeder panels.

Key Takeaways from the Report:

  • In 2022, the US dominated the cattle feeder panels market, with a share of 29.7%.
  • The cattle feeder panels sector increased at a 5.8% CAGR between 2016 and 2022, citing FMI’s study.
  • The expansion in China is anticipated to expand at an adequate CAGR of 5.2% by 2033. China’s market is likely to generate a share of US$ 877.1 million by 2033.
  • Japan’s cattle feeder panels market share was 4.4% in 2022 due to financial incentives.
  • Between 2023 and 2033, the cattle feeder panels market is likely to increase in India at 4% CAGR, respectively.
  • The expansion in the UK is anticipated to expand at an adequate CAGR of 7% by 2033. The UK’s market is expected to generate a share of US$ 1,012.4 million by 2033.
  • Germany’s cattle feeder panels market share is 18.7%, with the worth of US$ 1,088.9 million in 2022.
  • Australia’s cattle feeder panels business share is 2.3%, with the worth of US$ 131.4 million in 2022.

Key Players:

  • Anping Guoxing Wire Mesh Product Co., Ltd.
  • Rizhao Borhaf Metal Products Co., Ltd.
  • Hebei Nana Trading Co., Ltd.
  • SHANDONG ADDISION TRADE CO., LTD.
  • Hi-Hog Farm & Ranch Equipment Ltd.
  • Arrowquip
  • Anping County Xiangming Wire Mesh Products Co., Ltd.
  • Qingdao Xinbaofeng Industrial Trade Co., Ltd.
  • Tianjin Weiming Industrial & Trading Co., Ltd.
  • Hebei Metalx Metal Products Co., Ltd.

Seize The Opportunity – Buy Your Comprehensive Report Now. https://www.futuremarketinsights.com/checkout/16449 

Recent Developments:

  • In 2018, Big Valley unveiled a new line of cattle feeder panels that are designed to be durable, trustworthy, and easy to operate.
  • Customers of Sturdy Built have the choice to remotely watch and regulate the feed flow through their feeders. Customers of American Feeder, Inc. are able to transfer the same portable feeder panel throughout the pasture.

Market Segments Covered:

By Length:

  • Up to 6 Feet
  • 6-12 Feet
  • More than 12 Feet

By Feeding Positions:

  • Up to 5
  • 5 to10
  • More than 10

By Application:

  • Livestock Industry
  • Private Farm
  • Other

By Region:

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

Dive Into Personalized Reports Illuminating Distinctive Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-16449

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 5000 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

Dynamic Growth Projected for Wire Compounds and Cable Compounds Market, Anticipated to Surpass US$ 28 Billion by 2033, Driven by a Robust 7.2% CAGR

The wire compounds and cable compounds market projections indicating a market value of US$ 13.9 billion in 2023, expected to escalate to an impressive US$ 28 billion by 2033, driven by a robust compound annual growth rate (CAGR) of 7.2%. This sector emerges as a vibrant center of innovation and opportunity, offering significant potential for stakeholders.

The remarkable expansion of this industry is propelled by various factors that underscore its importance in the global market. A key driver is the escalating demand for reliable and high-performance wire and cable solutions, which have become essential components across diverse sectors including telecommunications, automotive, energy, and construction. As these industries undergo continuous expansion and evolution, the necessity for cutting-edge wire and cable compounds remains paramount, positioning the market for sustained growth and innovation.

Request Our Sample Report And Harness The Potential Of Data. https://www.futuremarketinsights.com/reports/sample/rep-gb-17342

Driving Factors for Wire Compounds and Cable Compounds Market Growth:

  1. Enhanced Data Transmission and Connectivity: Rising demand for efficient data transmission, improved connections, and enhanced electrical performance is propelling the need for innovative wire and cable compounds.
  2. Infrastructure Investments: Increasing investments in infrastructure development projects are contributing to the demand for premium wire and cable solutions.
  3. Renewable Energy Expansion: The rapid growth of the renewable energy sector is driving the requirement for high-quality wire and cable solutions.

Obstacles and Challenges:

  1. Raw Material Price Volatility: Fluctuations in polymer, metal, and other material prices can impact manufacturing costs and profit margins for wire and cable manufacturers.
  2. Environmental Regulations: Stringent environmental regulations pertaining to chemical usage and waste disposal pose challenges, necessitating the development of eco-friendly solutions.

Promising Opportunities:

  1. Technological Advancements: The adoption of new technologies such as 5G, IoT, and electric vehicles creates a demand for high-performance wire and cable solutions.
  2. Specialized Compounds: Manufacturers offering compounds with exceptional electrical, thermal, and mechanical properties stand to benefit in emerging markets.
  3. Sustainable Solutions: The emphasis on renewable energy sources and smart infrastructure initiatives presents opportunities for the development of environmentally friendly wire and cable products.

Key Insights for Wire Compounds and Cable Compounds Industry:

  • US Market Growth: Wire compounds and cable compounds industry in the United States projected to grow at 7.2% CAGR (2023-2033).
  • UK Steady Development: United Kingdom’s industry anticipated to grow steadily with a 6.9% CAGR (2023-2033).
  • China Leading the Industry: China expected to lead the industry with a 7.2% CAGR (2023-2033).
  • Japan’s Growth: Wire and cable compounds industry in Japan estimated to increase at a 7.0% CAGR (2023-2033).
  • South Korea’s Steady Growth: South Korea’s industry predicted to grow steadily with a 6.8% CAGR (2023-2033).
  • Halogenated Polymers Leading: The leading type segment, halogenated polymers, expected to grow at a 7.1% CAGR (2023-2033).
  • Construction Sector Growth: Construction industry forecasted to grow at a 6.9% CAGR (2023-2033).

Secure Your Complete Report – Buy Now. https://www.futuremarketinsights.com/checkout/17342

Key Players:

Key players in the industry, such as DuPont de Nemours, Inc., Evonik Industries AG, Eastman Chemical Company, Furukawa Electric Co., Ltd., and Hanwha Solutions, have a robust product portfolio and a wide geographic reach. They focus on research and development activities to innovate and introduce advanced wire compounds and cable compounds that cater to evolving industry requirements. These companies also invest heavily in technological advancements to enhance their manufacturing processes and improve the overall quality and performance of their products.

Market Segmentation:

By Type:

  • Halogenated Polymers
  • Non Halogenated Polymers

By End-Use:

  • Construction
  • Power
  • Communications
  • Automotive
  • Others

By Region:

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

Obtain Custom Reports Offering Deep Analysis Of Unique Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-17342

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 5000 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

Sulphur Recovery Technology Market Poised for Striking Growth, Projected to Reach US$ 4.2 Billion by 2033, Fueled by an Impressive 11.1% CAGR

The global sulphur recovery technology market projections indicating a significant rise from an estimated value of US$ 1.3 billion in 2022 to an impressive US$ 4.2 billion by 2033. This anticipated surge underscores not only the remarkable expansion of the market but also emphasizes the pivotal role that sulphur recovery technology plays in shaping contemporary industrial practices.

The growth of the sulphur recovery technology market is closely linked to rapid advancements in sulphur recovery technology, particularly within the oil and gas sector. Various industries are increasingly embracing this innovative technology to mitigate their environmental impact, aligning with the imperative to minimize ecological consequences associated with industrial processes. Sulphur recovery technology stands at the forefront of these efforts, solidifying its critical status as a component in the transition towards sustainable industrial practices.

Request Our Sample Report And Drive Impactful Decisions. https://www.futuremarketinsights.com/reports/sample/rep-gb-1431

Key Insights from the Sulphur Recovery Technology Market Study:

The study offers valuable insights into the Sulphur Recovery Technology market:

  1. Exploration and Production Boost Demand: The surge in exploration and production activities, especially in shale gas, has led to a heightened requirement for sulphur recovery technology units in refineries. Major gas refining activities worldwide are driving the significant increase in recovered sulphur production.
  2. Plant Capacity Preference: The demand for sulphur recovery technology units with capacities under 100 t/d is rising due to their lower emission footprint, upgradability ease, and cost-effectiveness compared to other units.
  3. Environmental Regulations Drive Innovation: Stringent regulations on hydrogen sulfide emissions, prevalent in oil & gas extraction, treatment, transportation, and refining, are spurring the development of cost-effective desulphurization technologies. The EU’s environmental legislation sets the standard for European oil & gas refineries.
  4. Impact of Existing Refineries: Existing oil and gas refineries are projected to play a significant role in shaping the global sulphur recovery technology market, potentially more so than new refinery establishments.
  5. Regional Dominance: Europe and the Middle East & Africa (MEA) emerge as dominant regions in terms of value and volume. Increasing refinery projects in countries like Saudi Arabia, Kazakhstan, and Russia are set to bolster demand. These countries’ oil reserves further drive the need for sulphur recovery technology.
  6. APAC: A Profitable Market: Asia-Pacific (APAC) stands out as a lucrative market, given the establishment of new refineries to cater to the escalating demand for gas refining units. This growth potential makes APAC a major hub for sulphur recovery technology players.

Competitive Landscape: Sulphur Recovery Technology Market

The global sulphur recovery technology market remains competitive, featuring prominent players with expertise in advanced manufacturing technologies and diverse product offerings.

Notably, leading players collectively hold around 40% of the global sulphur recovery technology market share. Industry giants like Royal Dutch Shell plc, ExxonMobil Corporation, Bechtel Corporation, Fluor Corporation, Linde AG, and Technip FMC plc are at the forefront of the market. These key players strategically utilize expansion, acquisitions, and product launches, posing challenges for smaller counterparts.

Purchase Your Complete Report and Ignite Your Strategy. https://www.futuremarketinsights.com/checkout/1431

Key Segments Covered in Sulphur recovery technology Market Study:

Technology:

  • Claus Process
  • Tail Gas Treatment
  • Source of Recovery
  • Oil
  • Gas
  • Others

Source of Recovery:

  • Oil
  • Gas
  • Others

Capacity:

  • <100 t/D
  • 101-200 t/D
  • 201-300 t/D
  • >300 t/D

Region:

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

Dive Into Custom Reports To Leverage Information For Winning In Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-1431

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 5000 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

Gas Circuit Breaker Market Projected to Exceed US$ 1,018.5 Million by 2033, Sustaining a Strong 4.2% CAGR | Future Market Insights, Inc.

The global gas circuit breaker market showcased a substantial valuation of US$ 647 million in 2022, setting the stage for an impressive trajectory. With a projected Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033, the market is poised to achieve a noteworthy US$ 1,018.5 million by 2033.

As the industry approaches the pivotal year of 2023, significant growth is anticipated, with projected revenues reaching approximately US$ 675 million. This robust valuation not only underscores the resilience of the gas circuit breaker market but also emphasizes its critical role in meeting the evolving energy demands of a dynamic world.

Request Our Sample Report To Experience Data-Driven Enlightenment. https://www.futuremarketinsights.com/reports/sample/rep-gb-4180

Global Gas Circuit Breaker Market Dynamics: Shaping Future Growth

The growth trajectory of the global gas circuit breaker market is influenced by a multitude of factors. Gas circuit breakers have emerged as a viable and efficient alternative to conventional methods like oil circuit breakers and fuses. This heightened efficacy has led to an increased adoption of gas circuit breakers for high-voltage applications. The surge in industrialization and urbanization has amplified the necessity for new transmission grids, further driving the demand for gas circuit breakers. Moreover, the proliferation of renewable energy projects and the utilization of medium voltage circuit breakers have contributed to this market’s expansion.

Governmental investment in the power transmission and distribution sector, coupled with rapid growth within these domains, has catalyzed market growth. The requirement to safeguard circuits from irregular current flows in regions with inadequate infrastructure has bolstered the need for circuit protection through breakers. Emerging trends such as the focus on reducing interrupters, the development of hybrid gas breakers to mitigate the environmental impact of SF6, and the pursuit of low-maintenance-based circuit breakers have also significantly contributed to the market’s upward trajectory.

Challenges Navigating Growth:

Despite its upward trajectory, the global gas circuit breaker market faces several challenges. The increasing penetration of alternative technologies like vacuum circuit breakers poses competition. Stringent regulations concerning the use of sodium hexafluoride gas, a significant contributor to the greenhouse effect, have impacted market dynamics. Reluctance in adopting new equipment and electrification projects, coupled with the high costs associated with SF6 gas circuit breakers, has added complexity to the market landscape. Furthermore, the absence of standardized testing for ultra-high voltage gas circuit breakers and a low replacement rate are posing obstacles to the market’s expansion.

Global Gas Circuit Breaker Market: Competitive Analysis

The research study on the global gas circuit breaker market includes a detailed competitive assessment that includes key players such as ABB Group, General Electric, Toshiba Corporation, Hyosung Corporation, Siemens AG, Schneider Electric SE, Hitachi Ltd., Kirloskar Electric Company Ltd., CG Power and Industrial Solutions Limited, Fuji Electric Co., Ltd., HICO America, Nissin Electric Co., Ltd., Elimsan Switchgear Equipment & Electromechanical Industry And Trade Inc., New Northeast Electric Group High Voltage Switchgear Co., Ltd., Mitsubishi Electric Corporation, Koncar-Electronics and Informatics Inc., Hyundai Heavy Industries Co., Ltd., Siyuan Electric Co., Ltd., Stelmec Limited and ALSTOM SA.

Buy Your Comprehensive Report Now. https://www.futuremarketinsights.com/checkout/4180

Key Segments Covered in the Gas Circuit Breaker Market Analysis:

By Voltage Rating:

  • Up to 72.5 kV
  • 72.5-145kV
  • 145kV-252kV
  • 252-550kV
  • 550-800kV
  • above 800kV

By Configuration:

  • Single Interrupter
  • Two Interrupter
  • Four Interrupter

By Technology:

  • Dead Tank Type
  • Live Tank Type

By End Use:

  • Residential
  • Commercial
  • Industrial

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excl. Japan (APEJ)
  • Japan
  • Middle East & Africa (MEA)

Get Personalized Reports To Drive Success In Your Chosen Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-4180

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 5000 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

Global Bridge Expansion Joints Market Aims for US$ 2.1 Billion Target by 2033, Driven by a Steady 5.7% CAGR | Future Market Insights, Inc.

The global bridge expansion joints market has demonstrated a remarkable trajectory, reaching a notable valuation of US$ 1.1 billion in 2022 and poised for further expansion to US$ 1.2 billion in 2023. Fueled by ongoing advancements in materials, design, and manufacturing, the market is expected to sustain a projected compound annual growth rate (CAGR) of 5.7% from 2023 to 2033, resulting in a formidable valuation of US$ 2.1 billion by 2033.

This robust growth narrative is underpinned by pivotal factors such as the expanding global population, the rise in vehicular traffic, and increased investments in global infrastructure projects. These dynamics highlight a persistent and resilient demand for bridge expansion joints – critical components essential for ensuring the durability and safety of our global transportation infrastructure.

Request Our Sample Report To Simplify Your Strategic Journey. https://www.futuremarketinsights.com/reports/sample/rep-gb-7396

Global Bridge Expansion Joints Market Dynamics:

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

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

Global Bridge Expansion Joints Market Forecast:

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

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

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

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

Purchase Your Complete Report and Ignite Your Strategy. https://www.futuremarketinsights.com/checkout/7396

Competitive Landscape:

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

Bridge Expansion Joints Market: Segmentation:

Based on Type:

  • Open Joints
    • Butt Joint
    • Sliding Plate Joint
    • Finger Joint
  • Closed Joints
    • Compression Seal Joint
    • Strip Seal Joint
    • Modular Elastomeric Joint

Based on Application:

  • Roadway Bridges
  • Railway Bridges

Based on Region:

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

Request Your Custom Report For Insights Into Targeted Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-7396

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 5000 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

Chilled Beam System Market Set to Reach a Milestone of US$ 607.1 Million by 2033, Fueled by a 5.7% CAGR | Insights from FMI

The global chilled beam system market is projected to achieve a substantial market valuation of US$ 607.1 million by 2033, up from an estimated value of US$ 348.8 million in 2023. This growth trajectory is driven by a significant compound annual growth rate (CAGR) of 5.7% from 2023 to 2033, building upon the solid foundation established between 2018 and 2022.

During the period from 2018 to 2022, the demand for chilled beam systems exhibited steady growth, boasting a Compound Annual Growth Rate (CAGR) of 4.8%. This expansion was propelled by the rapid development in sectors such as healthcare, infrastructure, and hospitality, which stimulated the increased demand for chilled beam systems. This trend is anticipated to persist in the coming years, further contributing to the market’s expansion.

Request Our Sample Report And Revolutionize Your Decision-Making Process. https://www.futuremarketinsights.com/reports/sample/rep-gb-500

As per FMI’s regional market survey, the U.S. is anticipated to dominate the North America chilled beam systems market. Being a relatively new ventilation concept, adoption of chilled beam systems is expected to grow at a steady pace. Apart from this, expansion of residential, corporate, and healthcare infrastructure will continue spurring demand for chilled beam systems in the U.S.

Key Takeaways:

  • Based on product type, concealed chilled beam systems are projected to dominate the segment.
  • In terms of design, sales of standard chilled beam systems are anticipated to remain high through 2031.
  • Corporate offices will account for maximum applications of chilled beam systems in the forthcoming years.
  • The U.S. is anticipated to lead the chilled beam systems market due to growing demand for energy-efficient ventilation solutions in the country. FMI projects the North America chilled beam systems market to grow at a 5.6% CAGR.
  • The U.K. is expected to exhibit high demand for chilled beam systems, owing to rapid expansion in the hospitality and education sectors. The European chilled beam systems market is projected to expand at a 5.3% CAGR.
  • Being one of the key exporters and producers of chilled beam systems, Germany will emerge as a lucrative market during the forecast period.
  • Rapid development of smart cities and increasing adoption of modern cooling systems in India will place it as an attractive market through 2031.
  • South Korea and Japan will collectively account for 9% of the total market share.

Competitive Landscape:

As per FMI’s market analysis, top 5 players operating in the chilled beam systems market comprise SAS International Limited, Lindab International AB, Halton Group, Trox GmbH, and Caverion Corporation, holding 58.5% of the total market share.

Prominent players operating in the chilled beam systems market are emphasizing strategic collaborations and partnerships to expand their global footprint. Apart from this, product portfolio expansion and robust aftersales services will remain key growth strategies among leading players. For instance:

  • In August 2021, Johnson Controls, a global leader in smart and sustainable building solutions, announced a strategic collaboration with Apollo Global Management, a leading global asset manager, to provide sustainable and energy-efficient solutions various sectors to address decarbonization and high operational costs in buildings.
  • In July 2021, Caverion Corporation acquired GTS Immobilien GmBH, a leading building automation service provider in Austria. Through this acquisition, Caverion is aiming to strengthen its market position in smart technologies and building automation solutions for diverse end-uses.

Buy Your Comprehensive Report Now and Leverage Competitive Edge. https://www.futuremarketinsights.com/checkout/500

Chilled Beam System Market by Category:

By Product Type:

  • Concealed
    • Active
    • Passive
    • Multiservice
  • Exposed
    • Active
    • Passive
    • Multiservice
  • Recessed
    • Active
    • Passive
    • Multiservice

By Design Type:

  • Standard
  • Customized

By End-User Type:

  • Educational Institutions
  • Healthcare Facilities
  • Corporate Offices
  • Hotels/Restaurants
  • Other Institutions (Military, Residential, Industrial, etc.)

By Region:

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

Order Your Custom Report For Clearer Vision Of Opportunities In Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-500

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 5000 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

Electric Motor Market Poised for Striking Expansion, Forecasting a Surpassing Valuation of US$ 252.6 Billion by 2033 with a Strong 6.64% CAGR

The electric motor market is predicted to grow at an average Compound Annual Growth Rate (CAGR) of 6.64% from 2023 to 2033. By the year 2033, this dynamic sector is expected to attain a noteworthy valuation of around US$ 252.6 billion.

What sets this market apart is its transformative trajectory. In 2023, the global electric motor market is estimated to reach US$ 132.8 billion, marking substantial progress from its 2022 value of US$ 131.4 billion. This surge can be attributed to various factors, with a primary catalyst being the substantial increase in government incentives aimed at fostering the widespread adoption of environmentally sustainable vehicles.

Request Sample Report And Enhance Your Strategies. https://www.futuremarketinsights.com/reports/sample/rep-gb-2404

High efficiency and the rise in demand for machine control in the automotive sector, have led to the expansion in the electric motor market. Energy-efficient motors have led to the development as it achieves maximum motor output.

The global electric motors market growth has been raised due to the adoption of efficient motors for appliances. Electric motors are considered to be in high demand for HVAC (heating, ventilation, and air conditioning) applications due to their low noise and torque.

Key Takeaways:

  • Sales of global electric motors market expanded at a CAGR of 5.43% from 2018 to 2022
  • The North American market for global electric motor market is likely to have a market share of 28.6%
  • The Unites States market for global electric motor market is likely to expand at a share of 17.8%.
  • AC motors are expected to generate maximum demand for the global electric motor market.
  • Electric motor market is growing at a CAGR of 3.6%
  • 1HP Power Output is Said to Hold a Dominant Share
  • <1HP is the leading category and it is expected to account for 26% of the value share of the electric motor market
  • Industrial sector is Said to Hold a Lucrative Portion of the Market.

“The electric motor market is witnessing significant growth driven by the increasing adoption of electric vehicles, industrial automation, and renewable energy initiatives. The study reveals a promising trajectory for the market, with advancements in motor technology and a growing emphasis on energy efficiency playing pivotal roles in shaping its future. The research findings suggest that the electric motor market is poised for substantial expansion in the coming years.” – says Nikhil Kaitwade, Associate Vice President at Future Market Insights, Inc.

Competitive Landscape:

Some of the prominent players in the global market are-

  • Competition Deep Dive
  • Robert Bosch GmbH
  • Hitachi, Ltd.
  • Nidec Corporation
  • WEG S.A.
  • Siemens AG
  • ABB Group
  • Regal Beloit Corporation
  • Toshiba Corporation
  • Johnson Electric
  • Hyosung Corporation
  • Schneider Electric SE
  • Bonfiglioli Riduttori S.p.A.
  • Kirloskar Electric Company Ltd.
  • Allied Motion Technologies Inc.
  • East West Manufacturing, LLC
  • Hyundai Electric Co. Ltd.

Some of the important developments of the key players in the market are:

  • In January 2023, Hitachi, Ltd. announced that it had been bolstering the global development of its line-building business leveraging industrial robots (“the robotic SI*1 business”) and will merge Hitachi Automation, Ltd. (“Hitachi Automation”) and Kyoto Robotics Corporation (“Kyoto Robotics”), Hitachi Group companies in Hitachi’s Industrial Digital Business Unit, on April 1, 2023, to strengthen the robotic SI business in Japan and ASEAN countries.
  • In March 2023, ABB Group, focused on electrification and robotics, wants to invest $40 million through a new 90,000-square-foot manufacturing facility in west Albuquerque as the facility will be used to increase ABB’s production of cable products and will include robotics and digital automation technology, according to a Thursday news release from the company.

Buy Your Complete Report Now for Competitive Advantage. https://www.futuremarketinsights.com/checkout/2404

Key Segments Covered:

Power Output:

  • <1 HP
  • 1-5 HP
  • 5 – 10 HP
  • 10 -20 HP
  • 20 – 50 HP
  • 50 – 100 HP
  • 100 – 300 HP
  • 300 – 500 HP
  • Above 500 HP

Product Type:

  • AC Motor
    • Induction Motor
    • Synchronous Motor
  • DC Motor
    • Brushed DC
    • Brushless DC

Application:

  • Pumps
  • Fans
  • Drives
  • Compressor
  • General Machinery
  • Centrifugal Machinery
  • Grinders
  • Extruders
  • Robotics
  • Others

End Use:

  • Industrial
    • Oil & Gas
    • Power Generation
    • Mining
    • Food & Beverages
    • Pulp & Paper
    • Chemicals
    • Air Separation Plant
    • Other Manufacturing
  • Residential
  • HVAC & Refrigeration
  • Medical
  • Municipal Water Treatment
  • Transportation
    • Automotive
    • Aviation
    • Electric Vehicles
    • Railways
    • Boats
  • Others

Region:

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

Obtain Custom Reports Exploring Market Dynamics Across Diverse Regional Segments. https://www.futuremarketinsights.com/customization-available/rep-gb-2404

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 5000 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

Global Peer-to-Peer (P2P) Lending Market Projected to Reach US$1.3 Trillion by 2032, Exhibiting Robust 12.7% CAGR

With a Compound Annual Growth Rate (CAGR) of 12.7%, the worldwide peer-to-peer (P2P) lending industry is expected to reach a significant milestone, with a projected market size of $1.3 trillion by the end of the 2022–2032 projection period. The market has grown significantly from $274.4 billion in 2021 to a healthy $407.2 billion in 2022, representing a 48.3% year-over-year increase.

The P2P lending industry is growing as a result of lower operating costs and more public knowledge of its advantages. P2P lending is becoming more and more popular with a wide range of end users, and in the years to come, the sector is expected to develop significantly.

Request a Sample of this Report :
https://www.futuremarketinsights.com/reports/sample/rep-gb-14675

Owing to such initiatives, the market is anticipated to expand significantly in the forecast period. On the contrary, risks associated with peer-to-peer lending are expected to limit the market growth in the forecast period. Also, with less awareness about P2P lending, the market is expected to suffer.

However, with rising development in APAC along with the increasing number of small business entities, the market will counter the inhibiting factors, thus, supporting the industry expansion.

Key Takeaways from the Market Study:

  • Market in the U.S to value US$ 568.2 Billion by 2032
  • Chinese market to expand at a CAGR of 11.3% from 2022- to 2032
  • By end-user, the small business segment is expected to exhibit a CAGR of 10.3% during the assessment period
  • The marketplace lending model segment to exhibit a CAGR of 12.9% in the assessment period
  • Market in France to garner US% 39.7 Billion by 2032
  • S to exhibit a CAGR of 14% from 2022 to 2032

Competitive Landscape

With the help of alternative distribution channels such as online sales, Players in the global peer-to-peer lending market are focusing to enhance their market presence across the globe. Major players in the market include Prosper Marketplace, Inc., LendingClub Corporation, CommonBond Inc., Funding Circle Limited, and Upstart Network Inc. among others.

  • In August 2021, CRED, an eminent player in the peer-to-peer lending market rolled out a new peer-to-peer lending platform called CRED Mint. It can be used as a cred-card repayment platform, and it allows members to earn interest on money by lending to other high-earning consumers.
  • In January 2021, LendingClub, an eminent peer-to-peer lending market player, announced the acquisition of Radius Bancorp, Inc, and its digital bank subsidiary to expand the revenue of the company.

Empower Your Strategy: Acquire Our Comprehensive Report Today.
https://www.futuremarketinsights.com/checkout/14675

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global peer-to-peer lending market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Profiled in the Peer-to-Peer Lending Market Analysis

Peer-to-Peer Lending by End User:

  • Peer-to-Peer Lending for Consumer Credit
  • Peer-to-Peer Lending for Small Business
  • Peer-to-Peer Lending for Student Loans
  • Peer-to-Peer Lending for Real Estate

Peer-to-Peer Lending by Business Model:

  • Traditional Peer-to-Peer Lending Model
  • Marketplace Peer-to-Peer Lending Model

Peer-to-Peer Lending by Region:

  • North America Peer-to-Peer Lending Market
  • Europe Peer-to-Peer Lending Market
  • Asia Pacific Peer-to-Peer Lending Market
  • Middle East & Africa Peer-to-Peer Lending Market
  • Latin America Peer-to-Peer Lending Market

Request for Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-14675

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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 5000 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

Oil & Gas Data Management Software Market Surges: Anticipates Robust Growth with 15.3% CAGR, Set to Reach US$ 70.4 Billion by 2032

As per the study at FMI, the oil and gas data management software market was valued at US$ 16.9 Bn in 2022 and is predicted to reach US$ 70.4 Bn by 2032, growing at a 15.3% CAGR. The deployment of data-gathering equipment, such as sensors at various remote sites and operational fields, has resulted in a tremendous increase in demand for oil and gas data management software.

Furthermore, the sales of oil and gas data management software have grown due to greater digitization, the adoption of workplace mobility solutions, and real-time workforce assistance. As a result, market spending on the efficient server, networking, and the demand for oil and gas data management software is expected to rise in order to expedite business operations and improve overall efficiency.

In today’s economy, digital data is growing at an exponential rate which is propelling the growth of oil and gas data management software market share. The growth of the Internet of Things is generating massive amounts of digital data in the oil and gas industry at an exponential rate which further increases the demand for oil and gas data management software.

Request a Sample Copy of this Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-14670

More than 80% to 90% of the digital data on the market today was developed in the last two years. The number of data breaches has increased as the amount of data has grown.

Data management software for oil and gas companies is a type of advanced software that helps them manage and preserve their data.

Such organizations’ projects are difficult in terms of operations, resource management, capital management, inventory management, and so on.

Furthermore, the sales of oil and gas data management software are growing as it aids businesses in maximizing resources, tracking project progress, and increasing efficiency.

The demand for oil and gas data management software is anticipated to grow as it enables firms to effectively manage and access their data in real-time. Regulatory compliance management tools, data analytics, data warehousing, and other capabilities, such as process design control, are all being integrated into data management software by a number of software development providers and suppliers.

Furthermore, increased use of IoT and AI is expected to boost the sales of oil and gas data management software and large-scale data management software implementation by small and large firms in the oil and gas market.  Data management as a service is gaining pace in the oil and gas market thanks to cloud platform acceptance, next-generation data centre evolution, and cost-effective and adaptable data management solutions.

The oil and gas data management software is expected to be driven by the rising trend of cloud use in the coming years. Data breaches are becoming more common around the world, demanding the modernization of existing organizational infrastructure.

Click to Buy Your Exclusive Report Immediately! https://www.futuremarketinsights.com/checkout/14670

As a result, global enterprise data management infrastructure modernization is expected to drive the global oil and gas data management software market size during the forecast period. However, the lack of complete data security assurance and abuse of obtained data is stifling the sales of oil and gas data management software in both international and domestic sectors.

KEY TAKEAWAYS: 

  • By component, the solutions segment dominated the oil and gas data management software market with a CAGR of 15.5% through 2032.
  • During the forecast period, the U.S. is anticipated to dominate the oil and gas data management software market with a CAGR of 13.5% through 2032.
  • The region accounted for almost a third of global market revenue and is likely to maintain its dominance during the forecast period. The demand for oil and gas data management software is anticipated to rise as it is being adopted by a huge number of mid-sized and small businesses.
  • During the forecast period, the Middle East and Africa had the second-largest oil and gas data management software market share.
  • In 2017, Asia Pacific had tremendous growth, owing to a rising rate of digitization in data management over time. However, it is encountering roadblocks in the oil and gas data management software market’s expansion. Different regulatory compliances and the scarcity of effective infrastructure are cited as major explanations for the possible risk.

COMPETITIVE LANDSCAPE 

Oil and gas data management market players are focusing on providing customised solutions that are in sync with the procedures of various oil and gas organisations. These solutions contribute to the market’s increased growth rate for oil and gas data management software.

Some of the oil and gas data management software market players profiled in the FMI’s study are Newgen Software, IBM Corporation, Cisco Systems, SAP SE, Tata Consultancy Services Ltd

Recent Developments 

  • In 2018, Sourcewater, Inc. purchased Genscape, Inc.’s Digital H2O Water asset intelligence service with the goal of launching an advanced IoT integrated oilfield water and disposal intelligence platform that would provide sophisticated water data science to the upstream energy industry.
  • Emerson Electric Co. acquired General Electric’s AI Intelligent Platform in 2018, with the goal of strengthening the worldwide exploration and production software market. Emerson Electric Co. would be able to increase its capabilities in machine control and discrete applications, as well as integrate with oil and gas power plants, as a result of this acquisition.

Request Report Methodology:
https://www.futuremarketinsights.com/request-report-methodology/rep-gb-14670

Key Segments:

By Component:

  • Solutions
  • Corporate/Enterprise Data Management System
  • Project Data Management System
  • National Data Repository
  • Services
  • Consulting & Planning
  • Integration & Implementation
  • Operation & Maintenance

By Region:

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

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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 5000 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

Power Distribution Unit (PDU) Market Surge: Reaching US$ 2.6 Billion in 2022, Driven by 8.3% YoY Growth

The power distribution unit (PDU) market is expected to grow from $2.4 billion in 2021 to $2.6 billion in 2022. The market is expected to grow 8.3% year on year between 2021 and 2022. During the forecast period of 2022-2032, the industry is expected to grow at a 4.6% value CAGR, reaching a valuation of US$ 4 billion.

The increase in data volume across the globe is expected to be a potential factor augmenting the market during the assessment period. In addition, the participation of players will be critical in the market’s development in the coming years. Equinix and GIC, for example, announced a collaboration to build xScale data centres across multiple countries, including Europe, Singapore, and South Korea.

Get a Sample Copy of This Report:
https://www.futuremarketinsights.com/reports/sample/rep-gb-14665

With a growing preference for AI-based PDUs, the market is expected to see it as a lucrative opportunity during the forecast period. Furthermore, with the growing number of SMEs globally, particularly in developing countries, the market is expected to expand significantly.

For example, Amazon Web Services (AWS) invested $2.8 billion in November 2020 to establish a new AWS Cloud in Telangana, India. On the other hand, the high costs associated with PDU installation, as well as space constraints and complicated wiring systems with an increasing number of power distribution units, may stymie market growth in the coming years.

About the Technology Division at Future Market Insights

The technology team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide.

With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.

Key Takeaways from the Market Study

  • The triple-phase segment to expand at a CAGR of 6.5% during the forecast period
  • The data center segment to exhibit a growth rate of 4.1% from 2022- to 2032
  • The market in the U.S to garner US$ 1.3 billion by 2032
  • Market in the U.K to value US$ 296 million during the forecast period
  • India to exhibit a CAGR of 5.4% from 2022-to 2032
  • The Chinese market to secure US$ 308.1 million by 2032
  • Industry in Japan to record a CAGR of 5.1% from 2022- to 2032

Ask Us Your Questions About This Report:
https://www.futuremarketinsights.com/ask-question/rep-gb-14665

Competitive Analysis 

Key players in the global power distribution unit market include Leviton Manufacturing Company, Inc., Schneider Electric SE., and Enlogic Systems LLC.  Eaton Corporation PLC, and Tripp Lite.

  • In 2021, the APAC hyperscale market gained significant investments from Facebook, Amazon Web Services, Alibaba, and Microsoft. In SE Asia, Microsoft, Facebook, and Amazon Web Services invested in data centers across Singapore and Indonesia in 2021.
  • In April 2021, Enel, an Italian energy management enterprise, disclosed to venture into the power distribution market for the U.S. It has announced to invest US$ 19.52 million by the end of 2023. By end of 2030, the company is likely to invest US$ 73.23 million.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global power distribution unit market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Type (Basic PDU, Intelligent/ Monitored PDU, Metered PDU, Switched PDU), Application (Data Center, Commercial Building (Networking), Laboratories (IT/Comp Lab)), Power Phase (Single Phase, Triple Phase), Distribution Channel (Offline Channel, Online Channel), Industry (Data Center, Telecom IT, BFSI, Healthcare, Government, Education, Retail, Utilities, Military & Defense, Others (Transportation, Manufacturing)) & Region (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa)

Request A Customization:
https://www.futuremarketinsights.com/customization-available/rep-gb-14665

Key Segments Profiled In The Power Distribution Unit (PDU) Market Report

Power Distribution Unit by Type:

  • Basic PDU
  • Intelligent/ Monitored PDU
  • Metered PDU
    • Inlet Metering
    • Inlet/Outlet Metering
  • Switched PDU

Power Distribution Unit by Application:

  • Power Distribution Units across Data Centers
  • Power Distribution Units across Commercial Buildings (Networking)
  • Power Distribution Units across Laboratories (IT/Comp Lab)

Power Distribution Unit by Power Phase:

  • Single Phase Power Distribution Unit
  • Triple Phase Power Distribution Unit

Power Distribution Unit by Distribution Channel:

  • Power Distribution Unit Sales via Offline Channels
    • Resellers/Distributors
    • Direct to End-users
    • Integrators/Maintenance
  • Power Distribution Unit Sales via Online Channels

Power Distribution Unit by Industry:

  • Power Distribution Unit for Data Centers
    • Tier 1
    • Tier 2
    • Tier 3
  • Power Distribution Unit for Telecom & IT
  • Power Distribution Unit for BFSI
  • Power Distribution Unit for Healthcare
  • Power Distribution Unit for Government
  • Power Distribution Unit for Education
  • Power Distribution Unit for Retail
  • Power Distribution Unit for Utilities
  • Power Distribution Unit for Military & Defense
  • Power Distribution Unit for Other Industries (Transportation, Manufacturing)

Power Distribution Unit by Region:

  • North America Power Distribution Unit Market
  • Europe Power Distribution Unit Market
  • Asia Pacific Power Distribution Unit Market
  • Middle East & Africa Power Distribution Unit Market
  • South America Power Distribution Unit Market

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

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 5000 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