Market Research Blog – Page 4378 – New Product Development

Gas Insulated Substation Market Poised to Exceed US$ 24.6 Billion by 2033 with a 5.4% CAGR, Predicts Future Market Insights

The global gas insulated substation market is on the verge of substantial growth, with an estimated value of US$ 14.6 billion in 2023. According to an extensive analysis conducted by Future Market Insights (FMI), this market is anticipated to skyrocket to an impressive US$ 24.6 billion in the next decade. Projections for the period spanning from 2023 to 2033 indicate a robust Compound Annual Growth Rate (CAGR) of 5.4%, marking a significant expansion in the industry.

The driving force behind this remarkable growth is the escalating demand for compact, low-maintenance power systems. Gas-insulated substations have emerged as a superior alternative to their air-insulated counterparts, offering improved reliability and efficiency.

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Market Drivers and Challenges in the Gas-Insulated Substation Landscape:

The gas-insulated substation market is on an expansion trajectory, driven by the escalating value of per-hectare land. These substations’ space-efficient design demands significantly less room than conventional counterparts, requiring merely 10% of the installation area. This compact footprint is a compelling factor propelling market growth.

Globally, the momentum has swung toward investments in clean and renewable energy ventures. This transition, coupled with burgeoning renewable projects and heightened electricity consumption, positions the gas-insulated substation market for a promising future, teeming with potential.

Key Drivers:

Adaptability and Compactness: The market is set to burgeon over the next seven years owing to the soaring demand for adaptable solutions that can seamlessly fit within diverse structures. The ascendancy of compact power systems is expected to steer global market expansion, while the substation’s resilience in challenging environments like arctic or desert regions is poised to amplify its market footprint.

Key Insights:

U.S. Dominance: Throughout the forecast period, the U.S. is projected to capture the lion’s share of the global gas-insulated substation market. This leadership is attributed to regional industry leaders adept at tailoring designs to meet operational requisites, ensuring cost-efficiency without compromising stability or employee well-being.
Asia Pacific Ascendancy: The Asia Pacific region, spearheaded by China and Japan, is poised to claim the highest market share. Market players in this region have notably introduced phase-separated and enclosed type GIS solutions that exemplify compactness and robust construction, fortified by years of expertise.
Indoor Installation Prowess: The “indoor” installation category is anticipated to command the lion’s share of revenue throughout the forecast period. Its versatility to be placed in confined spaces, residential zones, and industrial complexes—coupled with its portability—positions it as a dominant revenue generator.

Key Players:

General Electric Company
Hitachi Ltd.
ABB Ltd.
Larsen & Toubro Limited
Siemens AG
Mitsubishi Electric Corporation
Eaton Corporation PLC
Toshiba Corp
CG Power and Industrial Solutions Ltd
Schneider Electric SE
Bharat Heavy Electricals Limited
Elsewedy Electric Co S.A.E.
Powell Industries Inc.
Hyosung Corp

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Recent Developments:

In November 2018, ABB has been granted a contract by German grid operator TransnetBW for an electrical substation upgrade. ABB is responsible for installing the world’s first 380kV gas-insulated switchgear under the $40 million contract.
In 2020, The Hitachi ABB Power Grids joint venture was formed by Hitachi Ltd. The new business is anticipated to offer financial power to support ambitious projects and new commercial potential as the sector embraces decentralization and digitization.

Key Segments Profiled in the Gas Insulated Substation Market Survey:

By Basis of Installation:

Indoor
Outdoor

By Voltage Rating:

Medium Voltage (Up to 72.5 kV)
High Voltage (72.5 kV – 220 kV)
Ultra-High Voltage (220 kV – 765 kV)

By End User:

Power Transmission & Distribution
Manufacturing & Processing

By Region:

North America
Latin America
Asia Pacific
Middle East and Africa (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 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
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High Pressure Processing Equipment Market Set to Exceed US$ 1.1 Billion by 2033 with a Strong 12.8% CAGR

With a robust Compound Annual Growth Rate (CAGR) of 12.8% paving the way from 2023 to 2033, the high pressure processing equipment market is positioned to attain an impressive valuation surpassing US$ 1.1 billion by 2033.

The driving force behind this growth narrative is the emergence of innovative clean label products that resonate with increasingly discerning consumers who are well-informed about their inherent benefits. This transformative trend serves as the foundation for the dynamic expansion anticipated in the high-pressure processing equipment market throughout the forecast period.

A critical factor influencing the global market’s scale is the rate of adoption of High Pressure Processing (HPP) equipment, particularly in the realm of cold pasteurization within the Food & Beverage sector. Clearly, during this evaluation period, the projected $133.5 million market for HPP equipment is set to provide a promising window of opportunity, forecasting an incremental increase of US$ 350.5 million. This evolution not only represents growth but also underscores the market’s capacity to drive innovation, efficiency, and transformative solutions.

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FMI’s Insights on Growth Catalysts:

According to FMI, the surging global demand for processed, packaged, and ready-to-eat food products is instigating a notable uptick in the utilization of high pressure processing equipment within the food and beverage industry. The ascendancy of health concerns and heightened consumer awareness regarding the health benefits stemming from “clean label” foods are poised to wield substantial influence on market growth from 2023 to 2033. Moreover, the enforcement of stringent regulatory norms pertaining to food safety, particularly evident in North American and West European countries, is compelling food processing entities to adopt efficient HPP equipment within their processing facilities.

Dominant Role of Horizontal Vessels in Arrangement Types:

Amid the landscape of vessel arrangement types, the horizontal vessel segment is anticipated to emerge as the prevailing market component in terms of value by 2026. The escalating demand for horizontal vessel arrangements is projected to make a significant contribution to the overall market expansion. These horizontal vessels facilitate seamless loading and unloading operations while boasting a generous volume capacity, thus garnering heightened preference in the market.

In the realm of applications, the meat segment secures the pinnacle position in both value and volume. In contrast, the juice & beverage segment is poised to exhibit the most rapid growth in value during the forecast period.

When gauged by capacity, the call for vessels or containers exceeding 300 litres is expected to gain momentum in the coming years. Despite their elevated cost, the above 300 litres vessel category is projected to register a robust Compound Annual Growth Rate (CAGR) due to their substantial holding capacity.

Regional Landscape and Future Trajectories:

The North American domain is set to continue its reign as a market leader during the forecast period. Back in 2016, this region commanded over 40% of the market share, closely followed by Europe. In tandem, these regions accounted for nearly 75% of the market share in terms of value. Notably, the flourishing HPP equipment market within North America can be attributed to soaring demand from tolling services providers and their expanding application spectrum across various end-use sectors. Looking to the Asia Pacific, particularly China, a robust adoption of HPP equipment across diverse industrial domains is projected to unfold in the coming years.

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Competitive Dashboard:

Apart from Hiperbaric S.A, Stansted Fluid Power Ltd, Multivac Group, Bao Tou KeFa High Pressure Technology Co., Ltd, Avure technologies, and Kobe Steel, Ltd., are some other key players operating in the global market for high pressure processing equipment.

Key Segments:

By Application:

Fruits & Vegetables
Juice & Beverages
Meat
Sea Food
Other

By Product Type:

Below 100 Liters
100 Litres-300 Liters
Above 300 Liters

By Vessel Arrangement:

Vertical
Horizontal

By Region:

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

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Author:

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)

Contact Us:

Nandini Singh Sawlani

Global Extremity Tissue Expanders Industry’s CAGR of 6.3% Leading to US$1,842.6 Million by 2028 | Says FMI

The Global Extremity Tissue Expanders Industry is on the verge of significant growth, and the driving forces behind this expansion are the increasing aging population and the growing prevalence of plastic surgery. According to the latest research conducted by [Future Market Insights], this dynamic market is projected to reach a substantial value of US$1,842.6 million by the end of 2028.

The comprehensive report on extremity tissue expanders not only underscores the market’s current vitality but also highlights its tremendous growth potential. The research anticipates an average year-on-year growth rate of 6.3% over the period spanning from 2018 to 2028. This robust growth trajectory is a clear indicator of the market’s resilience and the promising opportunities it offers.

As the aging population continues to increase and more individuals opt for plastic surgery procedures, the extremity tissue expanders market is poised for a prosperous future. Stay tuned for further insights and developments as this market continues to evolve and thrive.

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Extremity Tissue Expanders Industryt: Overview & Analysis

It is observed that reconstructive procedures has undergone a tremendous shift from the conventional invasive procedures to minimally invasive surgeries. Advancements and development of long-lasting improved extremity tissue expanders are expected to be the key factors driving the growth of the industry. Presently, advancements in technology have led to the development of the extremity tissue expanders, with an expansion of potential shape types. There are several limitations of the traditional and conventional medical surgeries, such as long recovery time, more chances of infection, and highly expensive procedures. These limitations have resulted in shift to minimally invasive procedures. Extremity tissue expanders today have become extremely versatile in nature with patient’s like-mindedness in going forward with the procedure. This transformation has led to a positive impact on the global extremity tissue expanders industry growth. The number of surgeries with extremity tissue expanders is expected to increase with other prevalent factors supporting the rise of the extremity tissue expanders market in terms of adoption.

The availability alternative treatment options for reconstructive surgeries, may hamper the growth of the global extremity tissue expanders industry. In order to leverage the presence of a large patient pool, various medical device companies involved in the extremity tissue expanders market and new entrants are developing treatment options that can improve the care for reconstructive procedures. Moreover, the European Medical Agency has very stringent regulatory approval standards due to which most of the products fail to reach the extremity tissue expanders industry. Several extremity tissue expanders manufacturers are focusing on the development of new products. However, due to stringent regulations and lengthy approval process, most of the products do not reach the extremity tissue expanders market, which hampers the growth of extremity tissue expanders industry to a certain extent, and hence alternative treatment options are getting adopted. Market is segregated into definite terms but the lack of procedure and products in developing countries effect the overall extremity tissue expanders industry growth and rise in alternative support care.

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Breast reconstruction segment by product type is expected to dominate the global extremity tissue expanders industry. Breast reconstruction segment is expected gain the market value of US$ 943.4 Mn in global extremity tissue expanders market during 2017. This is due availability of favorable reimbursement scenarios for the treatment of breast cancer. Breast reconstruction segment is of extremity tissue expanders by product type is also expected to grow at faster rate and it is anticipated grow ta CAGR of 6.3% over the period of 2018-2028 owing to rise in number of breast reconstruction procedure throughout the globe. Scalp reconstruction and oral and maxillofacial reconstruction segment of extremity tissue expanders industry by product type is expected to be the less lucrative in term of value.

By shape type, anatomical segment of extremity tissue expanders industry is expected to gain maximum market share and estimated to reach the market value of US$ 682.9 Mn in 2028. This is due variety of products with anatomical shape are available in the extremity tissue expanders industry. Among all end user, hospital segment is expected to be the most lucrative segment for extremity tissue expanders market though maximum number if breast reconstruction surgery performed in the hospitals.

North America is the expected to dominate the global extremity tissue expanders industry in term of value by region. North America region for extremity tissue expanders is estimated to gain market value of US$ 233.7 Mn in 2018, though this North America hold the maximum number of key manufacturers for extremity tissue expanders. After North America, extremity tissue expanders industry is then followed by Europe and APEJ. By region APEJ is anticipated to show faster growth than other region in global extremity tissue expanders market and APEJ region is projected to grow at CAGR of 7.7% over the forecast period.

Extremity Tissue Expanders Industry: Companies

FMI’s report tracks some of the key companies operating in the extremity tissue expanders industry, such as GC Aesthetics Plc., Koken Co. Ltd., Allergan Plc., Mentor Worldwide LLC, Laboratories Arion, Wright Medical Group N.V. Groupe Sebbin SAS, Sientra Inc., Guangzhou Wanhe Plastic Materials Co. Ltd., and Guangzhou Wanhe Plastic Materials Co., Ltd.

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Segmentation

The report offers a comprehensive taxonomy of extremity tissue expanders industry based on product type, shape type, end user and region. Based on product type extremity tissue expanders market is segmented as Breast Reconstruction, Scalp Reconstruction and Oral and Maxillofacial Reconstruction. On the basis of shape type extremity tissue expanders industry is segmented as round, rectangular, crescent, and anatomical and others.

The global extremity tissue expanders industry report also includes the end user segment which covers hospitals, ambulatory surgical centers and cosmetics clinics. The extremity tissue expanders industry has been analyzed across regions of North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and MEA.

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

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 5,000 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

Polymer Seals Market Set for Remarkable Growth, Projected to Achieve US$ 18.7 Billion by 2032

The global polymer seals market has witnessed substantial growth, with estimations indicating a valuation of US$ 11.3 billion in 2022. Projections for the upcoming decade paint an even more promising picture, with the market expected to expand at a Compound Annual Growth Rate (CAGR) of 5.1%, aiming to reach an impressive US$ 18.7 billion by 2032.

Polymer seals play a pivotal role in various industries, especially in the manufacturing of subsea equipment, turret swivel stack systems, production and exploration equipment, and transfer systems. These seals are renowned for their exceptional ability to meet stringent requirements regarding diameter, pressure, and temperature, rendering them indispensable components in critical applications across multiple sectors.

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Increasing defense budgets of governments are also expected in the coming years, which should generate further demand for polymer seals. For instance, the governments of India and China have been observed to increase their spending on defense in recent years, particularly for upgrading their respective air forces by investing in latest military-grade air crafts and fighter jets. Owing to the tense geopolitical climate in the region, the spending is set to rise in the near future and result in accelerating polymer seal sales.

FMI also predicts the emergence of certain market restraints from 2022 to 2032. These restraints are likely to stem from the fact that sealant production causes significant pollution. Small scale consumers are also poised to choose polymer seal substitutes due to the high expenses associated with polymer seals.

Key Takeaways from the Polymer Seals Market Study:

By material type, the polyurethane (PU) segment is anticipated to witness considerable demand growth at 4.9% CAGR from 2022 to 2032.
By product type, the sales of hydraulic and pneumatic seals are projected to expand at a CAGR of 5.6%.
By region, Europe is anticipated to witness substantial growth in the polymer seals market due to lucrative markets in Germany, Italy, and the United Kingdom.
India and China markets are anticipated to emerge as prominent polymer seals markets in Asia and register 6.9% and 6.0% CAGR, respectively.
By end use, transportation equipment was estimated to hold a prominent volume share of 30.4% in 2022.

Who is Winning?

Key players in the Polymer Seals include Saint-Gobain, ERIKS Group, SKF AB, Precision Polymer Engineering/IDEX, Trelleborg AB, Bal Seal Engineering, Parker Hannifin Corporation, Advanced Seals & Gaskets Ltd., Greene Tweed, TRP Polymer Solutions Ltd., Specialised Polymer Engineering Ltd., SHS Dichtungen GmbH, A.W. Chesterton Company, Carco Precision Rubber Products Spa, Novotema Spa

To gain a competitive advantage in the industry, key manufacturers are developing innovative polymer seal products. Market players are also heavily investing in expansion, mergers, acquisitions, and strategic partnerships to expand their global footprints.

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Global Polymer Seals Market by Category:

By Material Type:

Polyurethane (PU)
Acrylonitrile-butadiene-rubber (NBR)
Fluoro-rubber (FKM)
Polytetrafluoroethylene (PTFE)

By Product Type:

Hydraulic and Pneumatic seals
Rotary Seals
Spring Energized Seals

By End Use:

Transportation Equipment
- Automotive and Components
- Aircraft and Components
- Railroad Equipment
- Marine Transportation and Components
Industrial Machinery and Equipment
Electronic Apparatus and Appliances
Healthcare
- Medical Devices and Component Manufacturing
- Surgical Tool manufacturing
Oil and Gas Extraction
Construction Infrastructure and Utilities
MRO, Other Manufacturing, and Assembly

By Distribution Channel:

OEM
Aftermarket

By Region:

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

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Author:

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)

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Nandini Singh Sawlani

Revolutionizing Manufacturing: Industrial Robotics Market Poised to Surpass US$ 220 Billion by 2033 with an 18.9% CAGR

The global industrial robotics market is experiencing remarkable growth, with an anticipated value that is set to exceed a remarkable US$ 220 billion by the conclusion of 2033. This surge is propelled by a compelling Compound Annual Growth Rate (CAGR) of 18.9% over the forecast period from 2023 to 2033. Key factors driving this upward trajectory include a heightened emphasis on enhancing productivity in high-volume production lines, particularly in the semiconductor and electronic device manufacturing sectors.

A noteworthy trend in the evolution of this market is the significant role played by East Asia. By 2023, East Asia is projected to emerge as the most lucrative industrial robotics market, capturing more than two-thirds of the revenue share. This dominance underscores the increasing demand for automation and robotics solutions in the heart of global manufacturing hubs, driven by the quest for efficiency and precision in production processes.

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Emerging Technology and Industry 5.0: A Paradigm Shift Toward Human-Centric Growth

A new technological epoch is upon us, one that places paramount emphasis on worker well-being and leverages novel technologies for expansive growth. This shift unfolds while meticulously honoring the planet’s production thresholds. Enter Industry 5.0, a movement that seeks to reintegrate the human touch into the realms of production and development. Prognosticating optimal deployment of human creative intellectual capacities, Industry 5.0 is poised to catalyze lucrative prospects for collaborative robots (cobots).

Noteworthy Insights from the Industrial Robotics Market:

United States Dominance: The global industrial robotics market is set to be led by the United States, anticipated to attain a valuation of $77.9 billion by 2033. This ascendancy is propelled by a robust compound annual growth rate (CAGR) of 18.7% during the forecast period. The demand surge for industrial robots within the high-tech electronics sector significantly bolsters this market expansion.
China’s Significance: China emerges as a formidable player in the industrial robotics arena, with a projected valuation of $15.8 billion by 2033. A substantial growth rate of 18.2% CAGR over the next decade fuels this trajectory. The automotive industry’s remarkable growth underscores China’s ascent in the market.
Japanese Market Dynamics: Japan’s market is slated to reach $12.9 billion by 2033, exhibiting a CAGR of 17.2% from 2023 to 2033. The market’s long-term drivers encompass burgeoning elderly care needs and the evolving population dynamics of yet-to-be retired baby boomers.

Noteworthy Market Developments by Key Players:

In March 2022, Mitsubishi Electric Corporation unveiled an advanced industrial robotics system that empowers robots to execute tasks within intricate environments like food-processing plants. Fusing Mitsubishi Electric’s Maisart AI technologies, including high-precision speech recognition, this system streamlines work tasks. Operators hold the reins to fine-tune robot movements to meet specific requirements, with plans for commercialization in 2023.
In October 2022, YASKAWA ELECTRIC CORPORATION inaugurated the Robotics Technology Center in Istanbul, Türkiye. Nestled in a pivotal industrial park within the city, the center showcases demonstration machines and operates systems. YASKAWA’s sustained investments in Türkiye affirm its commitment to involving customers in the development of products, technologies, and solutions spanning Europe.

Key Players:

Yaskawa Electric Corporation
FANUC Corporation
Kawasaki Heavy Industries Ltd
Kuka AG
Mitsubishi Electric
Teradyne Inc.
ABB Ltd.
Yamaha Motor Co., Ltd.
Hirata, Corporation
Denso Wave Incorporated
Toshiba Machine Co. Ltd.
OMRON Corporation
Others

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Industrial Robotics Market by Category

By Product Type:

SCARA Robots
Delta Robots
Cartesian Robots/ Gantry Robots
Articulated Robots
Collaborative Robots
Dual-arm Robots

By Application:

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

By End Use:

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

By Region:

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

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Author:

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)

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Nandini Singh Sawlani

Heading Toward a Vibrant Future: The Soaring Expansion of the Painting Robots Market, Anticipated to Hit US$ 11 Billion by 2033

The painting robots market is experiencing remarkable growth and promising prospects, with a significant transformation on the horizon. In 2023, the market is estimated to be worth an impressive US$ 4.5 billion, setting the stage for an exciting decade ahead. Projections suggest that by 2033, the market will soar to a substantial US$ 11 billion, reflecting a robust Compound Annual Growth Rate (CAGR) of 9.3%.

One of the key drivers behind this market surge is the growing focus on worker safety and well-being. Painting robots are playing a vital role in achieving this goal by taking on repetitive and potentially hazardous tasks. These robots effectively reduce the risk of workers being exposed to harmful fumes, dangerous chemicals, and physical strain. Their pivotal role not only enhances workplace safety but also helps companies ensure strict compliance with stringent occupational health and safety regulations.

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Key Takeaways:

The painting robots market in Europe will generate an incremental opportunity of US$ 983 Mn.
The U.S.A’s painting robots market will create a growth opportunity of US$ 334 Mn during the forecast period.
The painting robots market in Germany will expand at a CAGR of 12.7% during 2021-2031.
By type, robotic arms will hold 60% of the global painting robots sales.
On the basis of payload, the upto 5 kg segment will generate a growth opportunity of US$ 1.93 Bn.

Competitive Landscape:

FANUC Corporation, ABB Ltd, KUKA AG, Yasakawa Global, Kawasaki Heavy Industries, Ltd., DÜRR Group, and Staübli International AG among others are some of the major players in the painting robots market profiled in the full version of the report.

In a highly consolidated market, key market participants are focusing on entering new markets to expand their geographical footprints. These businesses are keen on working closely with OEMs, establishing new and advanced facilities, and engaging in strategic partnerships and collaborations.

More Insights into Painting Robots Market Report:

In its latest report, FMI offers an unbiased analysis of the global painting robots market, providing historical data from 2016 to 2020 and forecast statistics for 2021 to 2031. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (pedestal robots, robotic arms), payload (upto 5 Kg, upto 15 Kg, upto 45 Kg), function (painting (waterborne, solventborne, UV cured), painting, spraying & coating), reach (upto 1,000 mm, upto 1,500 mm, upto 2,000 mm, upto 2,500 mm, upto 3,000 mm), configuration (6 axis, 7 axis), application (atomizer, air gun), end use (transportation (automotive, railways, 2 & 3 wheelers, aerospace), consumer appliances, foundry & casting, furniture, textiles, construction, heavy engineering equipment, HVAC & refrigeration, sanitaryware, others), and region.

According to the latest FMI reports, based on segmentation, the transportation segment will likely contribute significantly to the overall growth of the target market. This segment is expected to generate an absolute dollar opportunity of US$ 2 Bn during 2021-2031. In terms of application, the atomizer segment will dominate the global marketplace with an incremental opportunity of US$ 2.43 Bn while the 7 axis configuration segment will create a growth opportunity of US$ 2.8 Bn during the projected period.

Based on region, the painting robots market in the United States will present considerable growth during 2021-2031. Generating an absolute dollar opportunity of US$ 334 Mn during this period, the target market in this country will be driven by strong presence of OEMs and higher demand for the target product in industrial verticals like construction and transportation. Apart from the U.S., countries like Germany and China are anticipated to exhibit remarkable growth in the painting robots market during the forecast period.

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Key Market Segments Covered:

By Type:

Pedestal Robots
Robotic Arms

By Payload:

Upto 5 Kg
Upto 15 Kg
Upto 45 Kg

By Function:

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

By Reach:

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

By Configuration:

6 Axis
7 Axis

By Application:

Atomizer
Air Gun

By End Use Sector:

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

By Region:

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

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Author:

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)

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Nandini Singh Sawlani

Expanding Renewable Energy Landscape Propels High Voltage Glass Insulator Market Towards US$15.5 Billion Mark by 2033

Future Market Insights, a distinguished ESCOMAR certified market research and consulting firm, forecasts a promising trajectory for the global high voltage glass insulator market. Projected to reach a valuation of US$ 15.5 billion by 2033, the market is currently valued at an impressive US$ 11,000 million in 2023. This exponential growth is underscored by a robust Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period.

Empowering Electrical Infrastructure: The Role of High Voltage Glass Insulators

High voltage glass insulators, vital components of modern electrical systems, play a pivotal role in safeguarding conductors from environmental factors. As the renewable energy sector continues its rapid expansion, the demand for high voltage glass insulators gains substantial momentum. The proliferation of wind and solar farms necessitates an intricate and reliable electrical infrastructure that can efficiently transmit power from remote locations to urban centers, thus driving the market’s upward trajectory.

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Global Energy Shift: A Catalyst for Demand Surge

The escalating requirement for electricity in emerging economies, including India, China, and Brazil, propels investment in power infrastructure upgrades. With an unwavering commitment to sustaining economic growth and catering to burgeoning populations, these countries are strategically modernizing their power grids. This paradigm shift towards enhanced reliability and efficiency serves as a prominent driver of high voltage glass insulator demand.

Modernization Imperative: Revitalizing Aging Electrical Networks

The aging electrical infrastructure in many regions necessitates revitalization efforts to align with contemporary safety and efficiency standards. In light of this, various firms are undertaking new replacement projects to rejuvenate decades-old transmission lines and associated components. As these initiatives gain momentum, the demand for high voltage glass insulators receives an added impetus.

Global Endeavors: Investment Surge in Power Infrastructure

Governments and private enterprises alike are channeling substantial investments into power infrastructure development to cater to the escalating global electricity demand. This concerted effort underscores the heightened need for high voltage glass insulators, as they form a critical component of the evolving power landscape.

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Technological Evolution: Forging a Path to Progress

The evolution of innovative technologies in the high voltage glass insulator sector serves as a noteworthy factor contributing to escalating demand. The introduction of advanced insulators designed to withstand higher voltage levels, exhibit superior insulation properties, and boast enhanced durability holds promise for modern power transmission systems. These attributes position the newer insulators as ideal candidates for powering future energy networks, accentuating market growth.

Regional Spotlight: Driving Forces behind Market Dynamics

While the global landscape witnesses soaring demand, certain regions stand out as pivotal contributors to market growth. North America and Asia Pacific emerge as leaders, with North America holding a significant share due to infrastructure upgrade initiatives and Asia Pacific experiencing rapid economic growth and surging electricity demand. These regions collectively drive the high voltage glass insulator market towards its impressive projected valuation.

In this dynamic landscape, Future Market Insights remains committed to providing incisive insights and expert analyses that shape and illuminate the high voltage glass insulator market’s trajectory. With a passion for excellence and a dedication to accurate forecasting, Future Market Insights continues to lead the way in actionable market intelligence.

Key Players:

Seves Group
MacLean Power System
Nanjing
Global Insulator Group
ZX Insulators
JSC U.M.E.K
Hubbell
Victor Insulator
Dalian Insulator Group Co. Ltd
Sichuan Yibi Global Group

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High Voltage Glass Insulator Market Outlook by Category

By Type:

Suspension Glass Insulator
Pin Glass Insulator

By Application:

Distribution & Railway Application
High-voltage Direct Current (HVDC) Application
Others

By Region:

North America
Latin America
Western Europe
Eastern Europe
Central Asia
East Asia
Russia & Belarus
Balkan & Baltic Countries
The Middle East & Africa
South Asia & Pacific

Author By:

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, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

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

Global Gas Generating Systems Market Insights: Rising at a 9.4% CAGR between 2023 and 2033, Projected Value of US$ 20.8 Billion

The Gas Generating Systems Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Gas Generating Systems market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Gas Generating Systems. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Gas Generating Systems Market is witnessing a surge in interest from both companies and individuals aiming to reduce their dependence on traditional power grids and achieve energy self-sufficiency. The adoption of gas generating devices, such as biogas or natural gas generators, empowers users to locally generate their own electricity. This growing trend is primarily fueled by the assurance of a dependable and autonomous energy source, marking a shift towards greater energy resilience and independence.

By 2033, it’s anticipated that the gas generating systems market will be worth more than US$ 20.8 billion. In the 10 years from 2023 to 2033, the market is predicted to surge at a CAGR of 9.4%. It is anticipated to increase in value in 2023, rising to US$ 8.5 billion.

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Numerous companies and people are looking for ways to become less reliant on the conventional power system and become energy independent. The usage of gas generating devices such as biogas or natural gas generators enables users to produce their own electricity locally. Demand is anticipated to be driven by their capacity to offer a trustworthy and independent source of energy.

Gas generators provide a dependable source of electricity, particularly in regions that experience regular power outages or in isolated places with limited grid connection. Sales would be further pushed by urgent requirements for emergency backup power and the need for key infrastructure, businesses, & families to operate continuously.

Gas generators are thought to be more environmentally benign than diesel or gasoline generators. For instance, natural gas has a lesser environmental impact due to lower emissions of pollutants and greenhouse gases. Sales of biogas generators would hence increase as their use grows in order to encourage the use of renewable energy sources and lessen dependency on fossil fuels.

Natural gas has a lower cost than other fossil fuels, which makes gas-generating systems an economically sensible choice for producing electricity. Additionally, technological developments have increased the effectiveness of gas generators. As technology continues to progress, fuel consumption and operating costs should decrease over time, further increasing demand.

In several industrial fields, including manufacturing, construction, agriculture, and oil & gas, gas-generating systems are widely used. These sectors’ need is projected to increase since they require a dependable power supply to run their machinery, equipment, and operations. These solutions would also aid in boosting operational effectiveness and productivity in the aforementioned domains.

Governments are encouraging the use of greener and more sustainable energy sources in a number of areas. Offering incentives, tax exemptions, or subsidies to organizations and people who invest in gas-generating systems falls under this category. It is envisaged that such support will boost demand and promote market expansion.

Key Takeaways:

The global gas generating systems market witnessed a decent CAGR of 11.4% from 2018 to 2022.
The United States gas generating systems market is projected to witness a CAGR of 9.3% from 2023 to 2033.
The United Kingdom gas generating system market is anticipated to cross a value of US$ 815.4 million by 2033.
Based on end users, the industrial segment is anticipated to witness a CAGR of 9.1% in the forecast period.
Based on the power rating, the less than 75 kVA segment witnessed a CAGR of 11.2% from 2018 to 2022.

Competitive Landscape:

Air Liquide S.A, Air Products, and Chemicals, Inc, Colfax Corporation, GCE Holding, and Itron, Inc. Manufacturers are diversifying their product lines to provide a variety of gas generating systems with different capacities, features, and requirements. This enables them to meet a variety of customer requirements in various sectors and applications.

The effectiveness, functionality, and dependability of gas generating systems are the subject of ongoing research & development. Advanced technologies such as electronic control systems, enhanced engine designs, intelligent monitoring & diagnostic capabilities, and remote management features are being incorporated by manufacturers. They want to improve user experience and boost system efficiency.

A few other businesses are creating goods that can run on several gases, including biogas, natural gas, and propane, making them fuel-flexible. Users might adjust to the availability and cost of different fuel sources owing to this flexibility, which increases versatility and efficiency.

For instance:

Generac Power Systems introduced the Generac PWRcell system in January 2020. It is a top producer of backup power production solutions and supplies. In order to address the rising demand for home energy storage solutions, Generac has worked to improve and expand its PWRcell product line since its introduction.

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More Valuable Insights Available:

The research report analyzes the global demand for gas generating systems. The global gas generating systems market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. As per Future Market Insights (FMI), the market has been analyzed based on power rating (less than 75 kVA, 75 to 375 kVA, and above 375 kVA), end user (industrial, commercial, and residential), and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply-side and demand factors.

Key Segments Profiled:

By Power Rating:

Less than 75 kVA
75-375 kVA
Above 375 kVA

By End User:

Industrial
Commercial
Residential

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Author By:

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, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.

Contact Us:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

LinkedIn | Twitter | Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

Evaluating the Market Scenario: Projections Indicate Exterior Insulation and Finish Systems (EIFS) Market to Attain US$ 235.6 Billion by 2033, Fueled by a Robust CAGR of 10.2%

The Exterior Insulation and Finish Systems (EIFS) Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Exterior Insulation and Finish Systems (EIFS) market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Exterior Insulation and Finish Systems (EIFS). It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Exterior Insulation and Finish Systems (EIFS) Market is poised to experience substantial growth, propelled by a notable upswing in construction endeavors and heightened investments in global infrastructure development. This positive trajectory is further reinforced by the growing inclination towards energy-efficient edifices, underscored by an escalating emphasis on environmentally conscious construction methodologies.

According to a comprehensive market survey report by Future Market Insights, the aggregate demand for exterior insulation and finish systems (EIFS) reached a value of US$ 79.8 billion in 2022. Over the subsequent decade, the net sales within the exterior insulation and finish systems (EIFS) market are anticipated to expand at a Compound Annual Growth Rate (CAGR) of 10.2%. Additionally, the research prognosticates that the global EIFS market valuation will ascend from US$ 89.1 billion in 2023 to a noteworthy US$ 235.6 billion by the year 2033.

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The heightened sales projections of EIFS are underpinned by the escalating construction undertakings coupled with augmented investments in global infrastructure development. Furthermore, the mounting requisition for energy-efficient architectural structures, coupled with a pronounced emphasis on eco-friendly construction methodologies, is expected to serve as an additional impetus propelling the EIFS market forward.

The prevailing dominance of the EIFS market is particularly evident in developed nations, owing to the widespread acceptance and the presence of well-established industries catering to such products. Nevertheless, the attributes of affordability, ready availability, as well as commendable capabilities in insulation and exterior finishing make EIFS increasingly popular even within emerging economies.

Key Takeaways:

Anticipated Expansion of EIFS Demand in the United States: The demand for EIFS in the United States is projected to experience substantial growth, reaching a value of US$ 43.3 billion by the year 2033. This expansion is expected to be driven by a Compound Annual Growth Rate (CAGR) of 10.2%.
Positive Outlook for the United Kingdom Market: The United Kingdom market for EIFS is poised for growth, with an expected net worth of US$ 9.2 billion by 2033. This expansion is projected to occur at a CAGR of 10.1%.
Robust Growth Prospects in Asian Markets: The EIFS markets in China, Japan, and South Korea are set to witness significant development, with an average CAGR of 10.1% through the year 2033. Notably, China’s EIFS market is anticipated to lead the Asia Pacific region, reaching an approximate value of US$ 53.6 billion by 2033. Meanwhile, Japan and South Korea’s markets are predicted to achieve values of around US$ 45.2 billion and US$ 15.8 billion, respectively, by the same year.
Polymer-based EIFS Product Segment Projection: The Polymer-based EIFS product segment is expected to undergo growth at a slightly lower CAGR of 10% from 2023 to 2033.
Rapid Growth in Polymer-modified EIFS Product Segment: In contrast, the Polymer-modified EIFS product segment is foreseen to experience rapid expansion over the next decade, exhibiting a high growth rate throughout this period.

Competitive Landscape:

Adex Systems,
BASF SE,
Dryvit Systems,
Durabond Products,
Durock Alfacing

International are some of the leading EIFS producers operating in the global market. These businesses are leading participants in the EIFS industry while new participants are mainly focused on marketing initiatives to strengthen their positions.

Recent Developments:

An important advancement in the field of EPS rigid foam insulation was the launch of Neopor BMB by the BASF SE in June 2022. Neopor BMB delivered extra sustainability benefits in addition to Neopor’s standard features at the American Institute of Architects, or Conference on Architecture in Chicago, Illinois. This new insulation solution produced 60% fewer CO2 emissions in comparison to standard foam plastic insulation, which is its most important sustainability attribute.

Owens Corning’s acquisition of Natural Polymers, LLC in January 2022 has increased its skills and offering in the insulation sector. The Cortland, Illinois-based Natural Polymers Company specializes in producing spray-applied polyurethane foam insulation for use in construction and building projects. Now Owens Corning provides clients with a wide selection of insulating products and solutions by leveraging the knowledge and technology of Natural Polymers.

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Key Segments Profiled:

By Product Type:

Polymer Based
Polymer Modified

By Insulation Material:

Expanded Polystyrene
Mineral Wool
Other Insulation Materials

By End User:

Residential
Non-residential

By Region:

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

Author By:

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.

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Contact Us:

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T: +1-845-579-5705
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Projected Expansion: Dual Axis Solar Trackers Market Targets a Valuation of US$ 24.8 Billion by 2033, Fueled by a Remarkable CAGR of 14.8% from 2023 to 2033

The Dual Axis Solar Trackers Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Dual Axis Solar Trackers market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Dual Axis Solar Trackers. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Dual Axis Solar Trackers Market is currently experiencing substantial growth, driven by increased government emphasis on renewable energy sources and the growing adoption of solar photovoltaic (PV) installations. Governments worldwide are redirecting their focus toward sustainable energy solutions, leading to a significant rise in demand for dual-axis solar trackers. These advanced tracking systems effectively enhance energy generation by dynamically aligning solar panels with the precise path of the sun, thereby optimizing solar exposure throughout the day.

Projections indicate that the global dual-axis solar tracker market is poised to reach a valuation of approximately US$ 6.3 billion by 2023. This growth can be attributed to the growing awareness of renewable energy sources, serving as a key driver for market expansion. Furthermore, estimations suggest that the market will achieve a total value of US$ 24.8 billion by 2033, reflecting a noteworthy compound annual growth rate (CAGR) of 14.8% from 2023 to 2033.

The increasing government focus on renewable energy sources, coupled with the rising deployment of solar PV systems, serves as significant catalysts for the upward trajectory of the dual-axis solar trackers market. Demonstrating their effectiveness, these dual-axis solar trackers are increasingly being embraced in large-scale solar power projects on a global scale. Their ability to yield higher energy output per unit of installed capacity makes them exceptionally well-suited for utility-scale installations and commercial solar farms.

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The surge in energy demand has led to an increased need for augmented electricity production. Within this context, the adoption of dual-axis solar trackers is experiencing a significant upswing, especially in extensive solar projects. The increased deployment of these trackers, along with their advanced tracking algorithms, sensor integration, and control mechanisms, has greatly improved their precision and operational efficiency. These technological advancements have also resulted in enhanced reliability, cost efficiency, and seamless integration capabilities for dual-axis solar trackers. This positive trend is expected to drive substantial market growth in the foreseeable future.

The North American region has emerged as a prominent hub for ongoing technological innovation, playing a key role in the development of dual-axis solar tracker systems. These innovations have been instrumental in boosting energy output levels and strengthening system reliability. Consequently, dual-axis trackers have become an increasingly attractive option for solar projects in the region.

Key Takeaways:

The period from 2018 to 2022 experienced a substantial surge in demand for dual-axis solar trackers, demonstrating an impressive Compound Annual Growth Rate (CAGR) of 8.8%.
When categorized by type, the single-axis segment exhibited remarkable growth, contributing significantly to a CAGR of 14.4%.
An in-depth analysis based on application reveals that the utility segment is poised for substantial expansion, with a projected CAGR of 14.1% throughout the forecast duration.
The North American region is strategically positioned to emerge as a promising market for dual-axis solar trackers, boasting an anticipated CAGR of 14.7%.
Projections indicate that the dual-axis solar tracker industry in the United Kingdom is progressing steadily towards a significant milestone, expected to reach a valuation of US$ 1 billion by the year 2033.
Meanwhile, the dual-axis solar trackers market in South Korea is predicted to achieve substantial market revenue of US$ 1.3 billion by 2033.
The Asia Pacific region presents itself as an opportunistic market with an estimated CAGR of 14.6% during the projected forecast period.

“Increased power demand globally and increasing technological innovation are expected to drive the market in the forecast period. The supportive government policies and increased use of renewable energy sources play a vital role in strengthening the market” – comments a lead analyst at FMI.

Competitive landscape:

Soitec,
First Solar, Inc.,
Reutech Radar Systems,
Targray Technology International Inc.
Trina Solar Co. Ltd.

among others are some of the market players operating in the dual-axis solar tracker market.

SunPower: Renowned solar energy enterprise with a notable presence in the dual-axis solar tracker sector.
- Offers sophisticated dual-axis trackers seamlessly integrated with its premium high-efficiency solar panels.
- Tracker systems meticulously engineered to optimize energy yield and elevate overall system efficiency.
- SunPower’s foray into the dual-axis solar tracker domain bolsters the industry with proven expertise and credibility.
Arctech Solar: Prominent global manufacturer specializing in solar tracking and racking systems.
- Recognized for its provision of dual-axis trackers celebrated for exceptional precision and dependable performance.
- Extensively engaged in large-scale solar ventures across the globe, delivering tailored dual-axis tracking solutions for maximal energy production.

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Know More about this Market Report:

Future Market Insights offers an unbiased analysis of the global dual-axis solar trackers market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.

To understand opportunities in the dual-axis solar trackers market, the market is segmented based on type and application across five major regions.

Key Segments:

By Type:

Single Axis
Dual Axis

By Application:

Utility
Non-Utility

By Region:

North American
Latin America
Europe
Asia Pacific
Middle East and Africa

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Dual axis solar tracker Market@ https://www.globenewswire.com/en/news-release/2023/06/08/2684474/0/en/The-Dual-Axis-Solar-Tracker-Market-is-projected-to-reach-a-valuation-of-US-24-8-Billion-by-2033-exhibiting-a-significant-CAGR-of-14-8-from-2023-to-2033-Future-Market-Insights.html

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

Contact Us: