Innovations in Pasted Valve Bags: Driving Sustainable Packaging Solutions

Future Market Insights (FMI) highlights the growing adoption of pasted valve bags as an innovative and cost-effective solution for packaging granular products. The increasing need for efficient resource packaging in industries such as agriculture, construction, pet food, fertilizers, and pharmaceuticals has driven the demand for these sustainable and versatile bags.

Pasted valve bags, typically made from virgin or recycled Kraft paper, are designed with a unique structure: sealed on both ends with a valve opening for filling. Many of these bags also incorporate micro perforations, allowing air to escape during the filling process.

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Growth Opportunities in Pasted Valve Bags Industry:

  1. E-commerce Packaging Surge: The growth of e-commerce has increased the demand for efficient and durable packaging solutions, presenting an opportunity for pasted valve bags as they offer a robust and secure packaging option.
  2. Sustainable Packaging: With increasing environmental concerns, there is a growing demand for eco-friendly packaging solutions. Pasted valve bags, especially those made from recyclable materials, have the potential to tap into the sustainability trend.
  3. Food and Agriculture Sector: The bags’ versatility makes them suitable for packaging various products, with a particular focus on the food and agriculture sector. The need for reliable packaging in these industries can drive growth.
  4. Technological Advancements: Integration of advanced manufacturing technologies and innovations in bag design can enhance product features, making pasted valve bags more appealing to industries seeking cutting-edge packaging solutions.
  5. Global Supply Chain Expansion: As businesses expand globally, there is an increased need for efficient packaging that ensures product integrity during transportation. Pasted valve bags can be positioned as a reliable solution in the expanding global supply chain.

Industry Trends:

  1. Biodegradable Materials: A rising trend in the packaging industry is the use of biodegradable materials. Pasted valve bags incorporating biodegradable elements align with consumer preferences and environmental regulations.
  2. Customization and Branding: Companies are increasingly looking for packaging solutions that allow for customization and branding. Pasted valve bags with attractive designs and branding options cater to this trend, helping products stand out on shelves.
  3. Automation in Manufacturing: Automation and technology-driven manufacturing processes are gaining prominence in the packaging industry. Pasted valve bag manufacturers adopting automated production methods can improve efficiency and reduce costs.
  4. Barrier Properties Enhancement: To meet the requirements of different products, there is a trend towards enhancing the barrier properties of packaging materials. Pasted valve bags with improved barrier features, such as better moisture resistance, can address this trend.
  5. Regulatory Compliance: Adherence to evolving packaging regulations is crucial. Pasted valve bag manufacturers need to stay abreast of regulatory changes related to packaging materials and processes to ensure compliance and market competitiveness.

Report Benefits & Key Questions Answered

  • Pasted Valve Bags Historical Market Analysis:  The detailed survey by FMI, examines key factors in the Pasted Valve Bags market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Pasted Valve Bags market for the forecast period 2022-2032.
  • Pasted Valve Bags Demand Outlook Analysis:  Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Pasted Valve Bags for the assessment period. As per the study, the demand for Pasted Valve Bags will grow at a robust CAGR between 2022 and 2032.
  • Pasted Valve Bags Market Trend Analysis:  The latest study by FMI on the Pasted Valve Bags market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.

Competitive Landscape Analysis

The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Pasted Valve Bags market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.

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Market Segmentation:

Based on the material type:

  • Paper
  • Kraft paper
  • Bleached
  • Unbleached
  • Others
  • Plastic
  • PP
  • PE
  • Others
  • Coating
  • Low-density polyethylene (LDPE)
  • How-density polyethylene (LDPE)
  • Others

Based on the product type:

  • Multiwall Paper Bag
  • Both ends closed bags
  • Valve inserted bag

Based on the end use:

  • Chemical
  • Food
  • Dairy
  • Flour
  • Sugar
  • Spices
  • Mineral
  • Cement
  • Sand
  • Charcoal
  • Pet food
  • Fertilizers
  • Wood Shavings
  • Pharmaceutical products
  • Wood shavings
  • Others

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Electrophotography Printing for Packaging Industry to Witness 8% CAGR, Reaching USD 45.33 Billion by 2032

The global electrophotography printing for packaging industry is poised for remarkable growth, with a projected Compound Annual Growth Rate (CAGR) of 8% from 2022 to 2032, according to Future Market Insights. The industry is anticipated to grow from an initial valuation of USD 21 billion in 2022 to an impressive USD 45.33 billion by 2032.

Electrophotography printing technology has become a preferred choice in the packaging industry due to its ability to enhance work process efficiency, enable faster time-to-market, and support innovative marketing strategies. This technology plays a pivotal role in creating visually appealing packaging that helps products stand out in competitive markets.

Industries such as food & beverage, cosmetics & personal care, and pharmaceuticals are leading contributors to the growth of electrophotography printing in packaging. These sectors demand high-quality, customizable packaging solutions to meet consumer expectations and regulatory standards.

Packaging is more than a protective layer; it is a critical branding tool that ensures identification and differentiation in crowded marketplaces. Electrophotography printing provides flexibility and precision, empowering businesses to create customized and vibrant packaging and labeling solutions.

Few of the key players in the electrophotography printing for packaging market are HP Inc., Xeikon N.V., Domino Printing Sciences plc, Eastman Kodak Company, Seiko Epson Corporation, Tailored Label Products, Inc., Quad/Graphics, Inc., Creative Labels Inc., DS Smith Plc, Reynders Label Printing, Traco Manufacturing, Inc., Thimm Group GmbH + Co. KG, Elanders AB, Ws Packaging Group, Inc., Colordruck Baiersbronn W. Mack GmbH & Co. KG, etc.

The finest market report puts light on various factors that have direct or indirect effect on the growth of business which includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the industry. This market research report identifies as well as analyses the emerging trends along with major driving factors, challenges and opportunities in the market for industry.

Electrophotography Printing for Packaging Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. FMI analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Electrophotography Printing for Packaging Market Scope and Market Size

Electrophotography Printing for Packaging market is segmented on the basis of type, packaging type and distribution channel. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.

Global Electrophotography Printing for Packaging – Market Segmentation

The global electrophotography printing for packaging market can be segmented by the technology type, by packaging type, and by end user base.

On the basis of technology type, the global electrophotography printing for packaging market is segmented into –

Liquid Toner Electrophotography Printing

Dry Toner Electrophotography Printing

On the basis of packaging type, the global electrophotography printing for packaging market is segmented into –

  • Corrugated Boxes
  • Labels
  • Folding Cartons
  • Bags & Sacks
  • Others

On the basis of end user base, the global electrophotography printing for packaging market is segmented into –

  • Food
  • Beverages
  • Pharmaceuticals
  • Electronic Components
  • Others

Major highlights of the Electrophotography Printing for Packaging Market report:

  • All-inclusive evaluation of the parent market
  • Evolution of significant market aspects
  • Industry-wide investigation of market segments
  • Assessment of market value and volume in past, present, and forecast years
  • Evaluation of Electrophotography Printing for Packaging Market share
  • Study of niche industrial sectors
  • Tactical approaches of Electrophotography Printing for Packaging Market leaders
  • Lucrative strategies to help companies strengthen their position in the market
  • Methodologies utilized to evaluate the Electrophotography Printing for Packaging Market

This world class Electrophotography Printing for Packaging Market report also explains market definition, classifications, applications, and engagements in the market. The key factors discussed in the report, will surely aid the buyer in studying the market on competitive landscape analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, applications in global market considering the past, present and future state of the industry.

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Why the Electrophotography Printing for Packaging Market Report is beneficial?

The Electrophotography Printing for Packaging report is compiled with thorough and dynamic research methodology.

The report offers complete picture of the competitive scenario of Electrophotography Printing for Packaging market.

It comprises vast amount of information about the latest technological and produce developments in the Electrophotography Printing for Packaging industry.

The extensive range of analysis associates with the impact of these improvements on the future of Electrophotography Printing for Packaging industry growth.

The Electrophotography Printing for Packaging report has combined the required essential historical data and analysis in the comprehensive research report.

The insights in the Electrophotography Printing for Packaging report can be easily understood and contains graphical representation of the figures in the form of bar graphs, statistics, and pie charts, etc.

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Modular Construction Market Set to Grow at 7.4% CAGR, Surpassing USD 199.11 Billion by 2033

In 2023, the global modular construction market is expected to be worth USD 97.51 billion. The adoption of modular construction is projected to develop at a 7.4% CAGR to reach USD 199.11 billion by 2033.

One of the key drivers of growth in the modular construction industry is the increasing demand for affordable housing and infrastructure solutions. Modular construction offers a cost-effective and efficient way to construct high-quality buildings in a short period. Hence, making it an ideal solution for affordable housing projects and infrastructure development.

The modular construction industry still faces several restraints despite promising growth prospects. One of the primary restraints is the perception that modular construction is not as durable or high-quality as traditional construction methods. This perception often results in skepticism among potential clients, making it difficult for modular construction companies to gain market share.

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The modular construction industry also presents several opportunities for growth and development. With the growing demand for sustainable and eco-friendly construction solutions, modular construction has emerged as an ideal solution due to its minimal impact on the environment. Additionally, advancements in technology have made modular construction cost-effective, and easy to implement.

The latest trends in the modular construction industry include the adoption of digital tools and automation to increase efficiency and reduce costs. This trend is driven by the need to streamline the building process and reduce the reliance on manual labor.

Companies are increasingly investing in innovative solutions that integrate design, engineering, and construction to provide end-to-end services to clients. Overall, the modular construction industry is poised for significant growth and development in the coming years.

Key Takeaways from the Modular Construction Market:

  • With a predicted market share of 35% by 2033, the modular construction sector in the United States is forecasted to increase significantly over the projection period.
  • Germany is predicted to hold a 20% market share in the worldwide modular construction industry by 2033.
  • By 2033, China is estimated to have a 25% market share in the global modular construction industry.
  • With an anticipated market share of 10% by 2033, Japan’s modular construction industry is expected to increase moderately during the forecast period.
  • Relocatable modular construction dominates the modular building sector, with a predicted market share of 60% in 2023.
  • Steel modular construction is expected to have a notable market share of 45% in 2023.

Plethora of Opportunities for New and the Previously Dominating Players in the Industry

The modular construction industry is becoming increasingly competitive as many players enter the market and existing companies look to expand their operations.

To stay at the top, key players in the industry are making huge investments in research and development to enhance their product offerings and increase efficiency. Additionally, companies are expanding their global reach through mergers and acquisitions and strategic partnerships. For instance,

  • In 2021, Skanska AB acquired a 50% stake in UK modular builder Ideal Modular Homes.

The modular construction industry still faces several challenges despite the promising growth prospects. One of the key challenges is the perception that modular construction is not as durable or high-quality as traditional construction methods. Additionally, the lack of skilled workers and the limited number of modular factories pose logistical challenges.

New entrants in the modular construction industry have a range of investment opportunities to explore. With the demand for sustainable and affordable housing solutions on the rise, there is a growing market for modular construction.

Advancements in technology and the adoption of digital tools have made modular construction efficient and lucrative, providing new entrants with the opportunity to compete with established players.

Key developments in the Modular Construction Industry:

  • Daiwa House, Japan’s largest construction business, announced cooperation with Capital Bay in October 2022 to supply modular construction throughout Europe.

In June 2022, Laing O’Rourke Delivery Ltd. completed the new HS2 Interchange Station in Solihull, serving as the center of the country’s new high-speed train network.

Key Players in the Modular Construction Industry

  • Bouygues Construction
  • Premier Modular Limited
  • KLEUSBERG GmbH & Co KG
  • Sekisui House Ltd.
  • LAING O’ROURKE
  • Red Sea International
  • Skanska
  • DuBox
  • Wernick Group
  • CIMC Modular Building Systems Holdings Co., Ltd
  • Riko Hiše d.o.o
  • Lendlease Corporation
  • Modulaire Group
  • Guerdon, LLC
  • Hickory Group

Global Modular Construction Market by Category

By Product:

  • Relocatable
  • Permanent

By Material:

  • Wood
  • Steel
  • Concrete
  • Others

By Application:

  • Residential
  • Commercial
  • Industrial
  • Healthcare
  • Educational

By Region:

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

About the 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.

Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape:

Single-use Filtration Assemblies Market Size: The global single-use filtration market is set to reach USD 3.53 billion in 2023. By 2033, the market valuation is forecast to cross USD 19.28 billion, with a CAGR of 18.5%.

Americas Steel Pipes Market Share: Global America’s steel pipes market is set to record a market value of USD 24.8 million in 2023, pushing the market size to USD 35.3 million in 2033. A CAGR of 3.6% indicates positive market growth over the forecast period.

Water Electrolysis Machine Market Demand: Worldwide water electrolysis machine sales are expected to be valued at around USD 12.6 billion at the end of 2023. The market for water electrolysis machines is expanding at an accelerated rate of 7.3% due to rising worldwide industrialization.

Commercial Booster Pumps Market Growth: Global commercial booster pumps market stands at USD 5,809 million in 2023 and is predicted to reach a valuation of USD 12,084.3 million by the end of 2033.

Domestic Booster Pumps Market Analysis: The adoption of domestic booster pumps is expected to increase at a CAGR of 7.2% during the forecast period. The domestic booster pumps market size is anticipated to rise from USD 2,860.1 million in 2023 to USD 5,732.3 million in 2033.

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Screw Conveyor Market Poised for Robust Growth: Projected to Surpass USD 1.4 Billion by 2032 with a 4.8% CAGR

According to Future Market Insights, global screw conveyor sales are expected to reach around USD 884.2 million in 2022. Over the forecast period 2022 to 2032, the overall market size is expected to grow at a 4.8% CAGR, surpassing USD 1,416.3 million by the end of 2032.

The increasing use of screw conveyors in various industries such as food and beverage, pharmaceutical, and mining and metallurgy is driving growth in the global screw conveyor market. Screw conveyors are pieces of equipment that are used to transport or move bulk materials from one stage of a process to another. Adoption of these machines has significantly increased overall productivity in industries. As a result, they are increasingly being used in a variety of industries.

Screw conveyors are commonly used to mix raw materials and transport material from one workstation to another in food and beverage processing plants. To ensure the safe movement of raw ingredients during the manufacturing process, food and beverage industries that use a high proportion of powdered ingredients require an automated conveying system.

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Screw conveyors are commonly employed by firms involved in the processing of food powders, raw materials, ready-to-eat foods, beverages, and dairy products. Hence, rising demand for these products will eventually elevate screw conveyor demand over the forecast period.

Similarly, increasing mining and agricultural activities, rapid growth of pharmaceutical industry, and rising export of conveying systems are expected to boost the global screw conveyor industry duirng the projection period.

Screw conveyors are widely used in the powder and raw ingredient processing industries, and the pharmaceutical industry frequently demands excipients (medicated powder formulations) for capsule or tablet formulations. Thus, expansion of pharmaceutical sector will create lucrative opportunities for screw conveyor manufacturers over the projection period.

Key Takeaways from Screw Conveyor Market Study

  • During the forecast period (2022 to 2032), the screw conveyor market will expand at a CAGR of 4.8%.
  • By product type, horizontal screw conveyor is estimated to account for over 44% share of the global market in 2022.
  • Based on end use, the food and beverages segment will dominate the market, creating an incremental opportunity of about USD 103.8 Mn between 2022 and 2032.
  • Amid high penetration of automation, North America’s screw conveyor market is expected to expand at a CAGR of 4.5% during the assessment period.
  • Screw conveyor demand in China is poised to increase at a CAGR of 5.2% from 2022 to 2032.
  • Germany is anticipated to hold around 35% of market value share in Europe market over the forecast period.

“The ever-expanding end-use industries such as agriculture, mining, and so on, both in developed and emerging nations, are expected to drive the expansion of the screw conveyors market over the forecast period. Besides this, the growing usage of automated production lines across various sectors will fuel screw conveyor sales,” says a lead FMI analyst.

Who is winning?

The Screw Conveyor market is highly fragmented with the global player acquiring around 10% to 15% of the market share. Key players in this industry include Martin Sprocket & Gear, Inc., BEUMER Group GmbH & Co. KG, Flexicon Corporation, Screw Conveyor Corporation, Vecoplan AG, Conveyors, Inc., KWS Manufacturing Company Ltd., VAC-U-MAX and Others.

Find More Valuable Insights

The research report analyzes the demand for Screw Conveyors. The global Screw Conveyor market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background. The market has been analyzed based on product type, rotation capacity, end use, 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.

About Future Market Insights – Industrial Automation

The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.

Global Screw Conveyor Industry by Category

By Product Type:

  • Horizontal Screw Conveyor
  • Inclined Screw Conveyor
  • Vertical Screw Conveyor
  • Shafted Screw Conveyor
  • Shaft-less Screw Conveyor

By Rotation Capacity:

  • Less than 45 RPM
  • 45-105 RPM
  • 105-165 RPM
  • Greater than 165 RPM

By End Use:

  • Mining and Metallurgy
  • Agriculture
  • Food and Beverage
  • Chemical
  • Pharmaceutical
  • Others

By Region:

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

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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Global Industrial Gearbox Market Projected to Reach USD 47.16 billion by 2033, With a 4.6% CAGR

The industrial gearbox market is predicted to be worth USD 30.08 billion in 2023, and rise to USD 47.16 billion by 2033. Demand is expected to increase at a CAGR of 4.6% during the projected period.

Given that industrial gearboxes are used to control the speed and torque of production-related machinery and components, demand for these gearboxes is expected to rise as smart manufacturing becomes more common.

The adoption of smart manufacturing is anticipated to raise the sales of industrial gearboxes, which are a crucial component of the industrial automation process. As the robotics industry develops and new technologies become available, manufacturers are likely to expect higher profit margins. Due to this technology, industrial gearbox makers now have greater opportunities.

With the ability to precisely control the movements of industrial robots, gearboxes can be made to provide more precise motion control for industrial processes. Governments of different nations have taken a number of steps to support the industrial gearbox growth in sector. In order to do this, financial incentives must be provided for the use of energy-efficient technology, such as industrial gearboxes, as well as sector-specific research and development programs.

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Manufacturers are focusing on designing robust and effective gearboxes for power applications. The market participants also stand to gain financially from the increase in demand for energy-efficient equipment. Producers of industrial gearboxes are focusing on developing technologically advanced gearboxes since they hasten market expansion.

Key Takeaways From The Industrial Gearbox Market Report:

  • By 2033, the United States is likely to rule the industrial gearbox market, with a CAGR of 5.1%.
  • The industrial gearbox market increased at a 4.3% CAGR between 2016 and 2022, citing FMI’s study.
  • The industrial gearbox market was expanding, with a value of US$ 28.75 billion in 2022.
  • The expansion in China is anticipated to expand at an adequate CAGR of 9.5% by 2033.
  • Japan’s industrial gearbox market is expected to expand significantly, with a CAGR of 4.5% by 2033.
  • In 2023, the industrial gearbox sector is likely to increase in India with a size of US$ 15.56 billion.
  • The expansion in the United Kingdom is anticipated to expand at an adequate CAGR of 5.1% by 2033.
  • Based on type, the helical industrial gearbox led the market share in 2022, and continues to dominate the sector during the forecast period.
  • Based on design, the parallel axis segment is projected to lead the market by 2033.
  • Based on end user, the power generation sector led the market share in 2022, and continues to dominate the sector during the forecast period.

Key Strategies in the Industry

In order to remain competitive, businesses constantly innovate to provide their customers with high-quality products and services. Fundamental market players frequently announce significant business decisions, which have a favorable or negative impact on the market.

  • The Nidec Corporation created an automated guided vehicle with a vision-based tracking system in August 2020. By concentrating on the device, among other things, the team at Nidec Committed Shimpo has contributed to improving productivity, automation, and development.
  • Nanjing High Accurate Drive Equipment Manufacturing Group Co. Ltd received an order for 656 gearboxes in March 2021, specifically for the PDM460 dual stage gearboxes.

Competitive Environment

Competitors Seek Innovation to Gain a Foothold in the Market

To remain competitive, businesses must constantly innovate in order to provide high-quality goods and services to their customers. They spend a lot of money on research and development to stay ahead of their competitors and create new products and innovations.

They are also focusing on cost-cutting initiatives in order to reduce their overall manufacturing costs and maintain their competitiveness. Companies are also focusing on expanding their geographic reach in order to gain access to new markets and clients.

Key players:

  1. Bonfiglioli SPA
  2. Sumitomo Heavy Industries
  3. SEW Eurodrive
  4. Nidec Motor Corporation
  5. Bauer Gear GmbH
  6. Emerson Electric
  7. Elecon Engineering Co. Ltd
  8. Dana Brevini Power Transmission
  9. Johnson Electric Holding Limited
  10. Flender GmbH
  11. Comer Industries S.p.A.
  12. China High-Speed Transmission Equipment Group Co., Ltd

Industrial Gearbox Market Segmentation:

 By Type:

  • Helical
  • Planetary
  • Bevel
  • Worm
  • Spur (in-line)

By Design

  • Parallel Axis
  • Angular Axis
  • Others

By End User

  • Material Handling
  • Construction
  • Power Generation
  • Mining
  • Food & Beverage
  • Manufacturing Industry
  • Packaging & Labeling
  • Others

By Region

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

About the Author:

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

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

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

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
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T: +1-347-918-3531
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Global Wood Chipper Market to Surpass USD 645.8 million by 2034, with a 3.4% CAGR Growth

Despite growing at a modest rate of 3.4% annually, the wood chipper market is still active in all end-use areas in 2033, with a projected value of USD 447.1 million in 2023 and USD 462.3 million by 2024.

Wood chippers serve as robust machines designed to efficiently reduce wood, predominantly tree limbs and trunks, into smaller wood chips. These devices play a pivotal role in streamlining cleanup processes, offering an ideal solution for minimizing the workload associated with garden maintenance.

Their utility extends beyond residential settings, finding growing applications across construction sites and various industries. Wood chippers facilitate the chipping of a wide array of wood materials into smaller chips, which can then be conveniently transported and utilized as fuel across multiple sectors.

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Regional Insights

According to FMI (Future Market Insights), the wood chipper market in China is expected to witness a robust growth trajectory, with a projected compound annual growth rate (CAGR) of 3.7% over the forecast period spanning from 2022 to 2032. This growth can be attributed to several factors including the rapid expansion of the construction industry, supportive government policies, and the widespread availability of wood chippers at competitive prices.

China boasts the largest construction market in East Asia, encompassing a broad spectrum of projects ranging from infrastructure development to energy and utility construction, residential housing, commercial buildings, and industrial facilities.

Meanwhile, in the United States, the wood chipper market is poised for steady expansion throughout the assessment period. This growth is driven by the increasing utilization of wood chippers, particularly within the thriving paper and pulp industry, as well as the construction sector.

Recent Developments

  • In September 2022, Timberwolf launched the RW 280HB, a hybrid wood chipper, to meet the growing industry trend toward more sustainable solutions.
  • In 2020, Vermeer EMEA launched the BC200, a brush chipper, its first machine fully developed in the Netherlands.

Key Companies

  • Terex, Morbark
  • Bandit
  • Vermeer
  • Patriot Products Inc.
  • Avant Tecno Oy
  • Bruks
  • Siwertell Ab
  • Bugnot 52
  • Crary Industries, Inc.
  • Wajax Limited
  • Barreto Manufacturing Inc.
  • Salsco Inc.
  • Vecoplan, LLC
  • Bca Industries Inc.
  • Pequea Machine, Inc.

Key Segments

By Product Type:

  • Disc Type
  • Drum Type
  • Screw Type

By Fuel Type:

  • Diesel Engine
  • Petrol Engine
  • Electric Driven

By Capacity:

  • 10-250 kg/hr
  • 250-3000 kg/hr
  • 3000-10000 kg/hr
  • Above 10000 kg/hr

By End Use:

  • Construction
  • Forestry & Biomass
  • Paper & Pulp
  • Timber Factories & Sawmills
  • Others

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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Power Quality Equipment Market Insights: Rising at a 5.4% CAGR by 2034, Projected Value of USD 73.7 Billion

The global power quality equipment market is expected to reach USD 41.1 billion by 2024. It is expected to grow at a 6% CAGR throughout the assessment period, reaching a value of USD 73.7 billion by 2034. The sector is expected to increase at a rate of 5.4% year on year in 2024.

One of the main factors propelling the growth of the manufacturing sector is an increase in demand for continuous power supply to equipment used in process and manufacturing industries. Because manufacturing time is lost when there is a problem or interruption, there could be significant losses.

The broad acceptance of power quality equipment in the industrial and manufacturing sectors as a result of the continued expansion of transmission, distribution, and renewable integration are important factors driving the global market for power quality equipment toward expansion.

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Depending on the type of issue, the rating, and the electromechanical performance characteristics of the industrial equipment, the costs of power quality problems and remedies may vary dramatically. To cut downtime costs, remove inefficiencies, and protect expensive equipment from faults caused by power disruptions, it is crucial to use power-quality equipment.

Poor power quality is projected to have a major negative impact on industrial and manufacturing processes during the forecast period. Different industrial processes need varying degrees of power quality, and each has particular requirements for particular power quality elements. For industrial end users, cost-sensitive components of power quality include equipment failure, equipment downtime, product quality, and clean-up expenses.

Due to load balancing’s ability to stop electrical equipment from tripping, the market for technology that improves power quality has enticing growth potential. In addition, the food and beverage industry has grown considerably in recent years.

Key Takeaway:

  • Due to the increasing digitalization of the broadcast communications industry, the United States is anticipated to dominate the global market for power quality equipment.
  • One of the main end-users of power quality equipment in Europe is the fast-growing industrial and manufacturing sector, followed by the telecom industry and the commercial sector.
  • The industrial and manufacturing segment is predicted to have the largest market size between 2023 and 2033.
  • With a CAGR of 4.5% from 2023 to 2033, the telecoms sector is predicted to grow at the highest rate in the global market for power quality equipment.
  • From 2023 to 2033, Asia Pacific is expected to invest USD 9.8 Bn in building smart framework foundations.
  • From 2023 to 2033, the market for power quality equipment in China is anticipated to expand at a CAGR of 8.5%.
  • From 2023 to 2033, it is predicted that Asia Pacific will invest USD 10.7 Bn in the construction of smart grid systems.
  • In 2021, the three-phase segment held the highest revenue share 74%.

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What are the Major Players in the Market for Power Quality Equipment Doing?

The industrial sector including mining, manufacturing, agriculture, and construction, has the highest energy consumption per end-use sector. The requirement for a constant and dependable power supply in various industries, particularly industrial facilities, is expected to expand, which would lead to an increase in the need for power quality equipment.

The food and beverage business has been completely saturated in recent years. Due to the growing urban population, rising health concerns, and general government activities, interest in packaged food varieties and handled dairy products has surged.

Toshiba Corporation, General Electric Company, ABB Ltd., Schneider Electric, Emerson Electric Company, Siemens AG, Eaton Corporation Plc., MTE Corporation, Active Power Inc., Smith’s Group plc. are some of the key players proliferating in the market.

Recent Developments in the Power Quality Equipment Industry:

  • In May 2021, ESB awarded Siemens Energy three contracts to provide its Static Compensator technology (SVC Plus) for the management of grid stability at three substations in South-West Ireland.
  • In March 2020, the Schaffner company unveiled its Ecosine Max series of passive harmonic filters. These harmonic filters provide compliance with IEEE-519 and other international power quality standards.
  • To diversify its line of edge computing and distributed IT products, Eaton acquired Tripp Lite in January 2021. Tripp Lite is a provider of connectivity and power quality solutions.

Key Market Segmentation:

By Type:

  • Surge Arrester
  • Surge protection devices
  • Harmonic filters
  • Power conditioning units
  • Power distribution units
  • Voltage regulators
  • Uninterruptable power supplies
  • Synchronous condensers
  • Digital static transfer switches,
  • Static VAR compensators
  • Solid oxide fuel cells
  • Isolation transformers
  • Power quality meters

By Application:

  • Industrial & Manufacturing
  • Commercial
  • Residential
  • Transportation
  • Utilities

By Phase:

  • Single Phase
  • Three Phase

By End User:

  • Telecommunications
  • Automotive & Industrial
  • Electrical & Electronics
  • Energy & Utilities
  • Others

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

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T: +1-347-918-3531
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Veterinary Services Industry to Expand 2.4X, Reaching USD 244.4 Billion by 2032 at an 8.4% CAGR

Veterinary Services Industry
Veterinary Services Industry

The global veterinary services industry is set for remarkable growth, with its valuation increasing from USD 102.3 billion in 2021 to an estimated USD 244.4 billion by 2032. According to a report by FMI, the market is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2022 to 2032, significantly outpacing historical growth rates and underscoring the rising demand for comprehensive animal healthcare services.

The surge in market growth is driven by the increasing adoption of pets, growing awareness of animal health, and advancements in veterinary diagnostics and treatment technologies. Factors such as rising expenditure on pet care and livestock health management, coupled with a growing focus on preventive care, are propelling the market forward.

In addition to traditional services, emerging areas such as telemedicine, advanced surgical interventions, and personalized veterinary care are creating new opportunities for providers. The integration of innovative technologies and digital solutions is transforming the industry, offering improved diagnostic accuracy and streamlined service delivery for veterinarians and pet owners alike.

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Key Takeaways:

  • Market Growth: The veterinary services market is expected to grow 2.4X, from USD 102.3 billion in 2021 to USD 244.4 billion by 2032, at a CAGR of 8.4%.
  • Market Drivers: Increased pet adoption, rising demand for advanced veterinary care, and growing awareness of animal health are key growth drivers.
  • Innovation Impact: Telemedicine, digital diagnostics, and personalized treatments are revolutionizing veterinary services.
  • Future Outlook: The market’s robust growth highlights significant opportunities for veterinary clinics, service providers, and technology innovators to meet the evolving needs of animal health.

As the veterinary services market continues its upward trajectory, it presents immense potential for stakeholders across the animal health ecosystem to enhance care standards, embrace innovation, and support healthier lives for pets and livestock worldwide.

Competitive Analysis

The key players such as Mars Inc, Greencross Ltd, National Veterinary Care Ltd, Pets at Home Group PLC, CVS Group PLC

Some of the recent developments of key Veterinary Services providers are as follows:

  • In June 2021, The Seven Hills Veterinary Hospital, for example, monitored the number of referrals for urgent treatment in its phones placed under emergency or urgent cases and noted a surge in that category.
  • In April 2020, VetPartners Pty. Ltd. announced the acquisition of National Veterinary Care Ltd. paying US$ 251.5 Mn.
  • In December 2020, Mars’ Linnaeus division purchased five specialty referral centres from Pets at Home in the United Kingdom for US$ 132.2 Mn.

Similarly, recent developments related to companies offering Veterinary Services have been tracked by the team at Future Market Insights, which are available in the full report.

Market Segments Covered In Veterinary Services Industry Analysis

By Animal Type:

  • Production Animal
    • Cattle
    • Poultry
    • Swine
    • Other Production Animals
  • Companion Animal
    • Dogs
    • Cats
    • Horses
    • Other Companion Animals

By Region:

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

Explore FMI’s Related Ongoing Coverage on Healthcare Market Insights Domain:

United States Concierge Medicine Market
Cellulitis Management Market
Ventral Hernia Treatment Market

Author By:

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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

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ASEAN Conveyor System Market Projected to Reach USD 4,202.4 million by 2034, Expanding at a CAGR of 7.1%

The market for ASEAN conveyor systems was valued at about USD 1,981.6 million in 2023 and is projected to increase at a 6.8% annual rate to reach USD 2,116.4 million in 2024. Continued industrialization, rising demands from the manufacturing and e-commerce sectors, and the expanding usage of automation technologies will all contribute to this. As the region’s industrial infrastructure continues to expand and evolve, the market is anticipated to reach USD 4,202.4 million by 2034, with a projected CAGR of 7.1% from 2024 to 2034.

The burgeoning demand for warehousing facilities is expected to be a key driver propelling the growth of the conveyor system market in the ASEAN region. With the rapid development of various industries, there is a growing need for extensive warehousing services to accommodate goods and products. This surge in warehousing demand, coupled with the expansion of the e-commerce sector across ASEAN countries, is driving growth in the conveyor system market.

Indonesia is forecasted to emerge as a dominant force in the ASEAN conveyor system market, particularly in terms of revenue generation in 2022. The Indonesian market is poised for continuous growth throughout the forecast period, with projections indicating that it will capture nearly 30% of the ASEAN market share.

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Growth Factors

The Indonesian intralogistics landscape is experiencing a significant shift driven by various factors. With the international trade of goods witnessing a surge propelled by shorter product lifecycles and advancements in multiple end-use industries, there has been a notable expansion of warehouses and logistics facilities. Countries like Malaysia, Thailand, and particularly Indonesia are bolstering their bulk handling ports and recycling operations to meet the escalating consumer demand.

In the realm of e-commerce, conveyor systems play a pivotal role in optimizing process flow and enhancing productivity at crucial junctures. The heightened demand for warehousing and logistics services in the ASEAN region is poised to fuel the conveyor systems market, particularly in the context of warehousing and logistics operations, driving growth across the ASEAN landscape.

Various factors are expected to exert influence on each segment of the ASEAN conveyor system market. For instance, Indonesia is anticipated to gain a notable increase in market share by 200 to 250 basis points, whereas the logistics and warehousing sectors in Indonesia are forecasted to experience a moderate decline of 10 to 50 basis points over the next decade.

Key Companies

  • TUKU Singapore Pte Ltd
  • MIS Belt Centre Pte Ltd
  • Kaiye Industries (M) Sdn Bhd
  • DNC AUTOMATION (M) SDN BHD
  • PRIMECH
  • CBR CONVEYOR SYSTEMS SDN BHD
  • PT. Rollent Indonesia
  • PT. Suprabakti Mandiri
  • PT. Almec Indonesia
  • RexLine Engineering Indonesia
  • MAE SYSTEMS ENGINEERING (THAI) CO., LTD
  • Nagasaki KIKI (Thailand)
  • NKC THAI NAKANISHI
  • PLIC Corp., Ltd.

Market Key Segments

By Product Type:

  • Belt Conveyor
  • Roller Conveyor
  • Pallet Conveyor
  • Overhead Conveyor
  • Tri-Planar Conveyor
  • Crescent Conveyor
  • Skid Conveyor
  • Trailer Conveyor
  • Others

By Operation Type:

  • Manual
  • Semi-Automatic
  • Automatic

By Capacity Type:

  • Unit Handling
  • Bulk Handling

By Application Type:

  • Packaging & Warehouse Distribution
  • Textile & Paper
  • Construction & Mining
  • Automotive & Transportation
  • Consumer Electronics
  • Food & Beverage
  • Chemical & Pharmaceutical

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
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Global Asphalt Pavers Market Set to Achieve a 4.4% CAGR, projected to Exceed USD 3,414.6 Million by 2032

The global asphalt pavers market was valued at USD 2,135.0 million in 2021 and is expected to reach USD 2,220.4 million in 2022. Furthermore, with increased government spending in creating and updating road infrastructure, overall sales of asphalt pavers are expected to grow at a CAGR of 4.4% between 2022 and 2032, achieving a total valuation of USD 3,414.6 Million by 2032.

One of the main drivers propelling the worldwide asphalt pavers market is the fast urbanization, rising government investment, and robust growth of the road infrastructure around the globe.

Asphalt pavers are a crucial part of the transportation infrastructure. On roadways, parking lots, and other similar locations, this road construction machinery is used to lay asphalt concrete or Portland cement concrete. On building sites, they apply partially compacted asphalt on flat areas.

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The growing economy and expansion of the road infrastructure are expected to drive up demand for road construction equipment like asphalt pavers during the forecast period. In emerging countries, substantial infrastructure projects are being created for roads, bridges, and ports. These programs aim to enhance the transportation systems of several countries.

Global demand for asphalt pavers is likely to rise as a result of the rising need for dependable road and transportation infrastructure as well as increased road and highway construction activity in both the urban and rural areas.

Similarly, development of new asphalt pavers with better fuel efficiency, and safety and user-friendly features is expected to create lucrative growth opportunities for the manufacturers over the next ten years.

Key Takeaways of Asphalt Pavers Market Study

  • By product type, the value of the track asphalt pavers segment is projected to increase at a value CAGR of 4.0% during the forecast period.
  • In terms of working width, upto 2.6m segment is anticipated to account for more than 52.2% of the global market.
  • Based on power, 75 to 110 HP asphalt pavers segment is projected to grow at a value CAGR of 3.8% between 2022 and 2032.
  • South Asia Pacific asphalt pavers market is projected to expand at 5.6%, making it the most lucrative market.
  • East Asia asphalt pavers market is predicted to expand at a volume CAGR of roughly 3.4% during the forecast period.
  • Demand for asphalt pavers across China is anticipated to grow at a value CAGR of 3.5% over the next ten years.

“The global demand for road construction equipment like asphalt pavers is predicted to be driven by rapid urbanization and population growth. Besides this, rising government spending on the development of transportation infrastructure is anticipated to boost the market for asphalt pavers,” says Future Market insights analyst

Who is Winning?

The top manufacturers dominate the Asphalt Pavers market globally, which is moderately consolidated. Market players are attempting to increase their market share by creating new equipment and modernizing existing product lines thanks to technological advancements. To increase their sales channels in the market, the major corporations are looking to partner with rental businesses.

Manufacturers of asphalt pavers also adhere to important supply trends including the introduction of new products and significant expenditures on R&D. Caterpillar Inc., Fayat Group, SUMITOMO CONSTRUCTION MACHINERY CO., LTD., Ammann Group Holding AG, AB Volvo, and Sany Heavy Industries Limited are a few of the market’s major participants.

Find More Valuable Insights

The research report analyzes the market demand trends of Asphalt Pavers. The Global market estimation and growth projection are based on factors like end-use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of Asphalt Pavers. As per Future Market Insights research scope, the Asphalt Pavers Market has been studied and segmented on the basis of product type, Working Width, and Power.

The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, the supply side and demand side.

Key Segments Covered in Asphalt Pavers Industry Analysis

By Product Type:

  • Track Asphalt Pavers
  • Wheel Asphalt Pavers

By Working Width:

  • Up to 2.6m
  • 2.6 to 4m
  • More than 4m

By Power:

  • Up to 75 HP
  • 75-110 HP
  • 110 – 150 HP
  • More than 150 HP

About Future Market Insights (FMI)

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

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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