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If the specified level or marked point falls below or rises above the specified point, the level switch or sensor detects the level of the liquid and sends a signal to the monitoring station. This helps the system respond and function effectively as soon as it detects something. The total demand for level switches is anticipated to reach approximately US$ 4,133.7 Million by 2032, growing at a CAGR of 3.7% between 2022 and 2032.

They are placed in a tank or a container and switches are vertically mounted level switch, side mounted level switch, stem mounted level switch connected to electrical contact output. For instance, in power plants, level switches are used in various equipment, in steam boilers right amount of water is required to generate the steam at the right time and to achieve this level switches are fixed inside the closed tank.

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Regional Outlook

The regional coverage of level switches market includes North America, Latin America, Europe, APAC and MEA. Level switches market witnesses a high demand and production in Europe and North America. APAC holds major market share in the global level switches market due to intensifying demand for automation, increasing manufacturing industries and also increasing energy sectors where level switches are highly used.

North America & Europe hold the second highest share in the global level switches market. Adoption of automation and implementing automation-related infrastructure in all industries are going to boost the global level switches market. The evolution of the automation and energy sector in North America, where sensors are highly used in measuring the liquid, solid, dirty liquid, are the growth factors for the market in North America. Followed by Latin America & MEA.

Global Level Switches Market: Drivers

Level switches, which detect the specified level and send signal to the monitoring station, help the system to operate effectively without any liability.

In closed and heavy tanks, such as steam boilers and oil tankers where manual operation is difficult, these level switches or sensors are fixed, making it one of the key driving factors for the global level switches market. Industries such as wood and chemical, where the chemicals used are dangerous, hazardous to inhale, level switches are used.

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Global Level Switches Market: Trends

The increasing demand for automation in end-use sectors, such as power plants, chemical plants and manufacturing industries, are going to upsurge the growth of the level switch where switches are highly used for various operations. Wide variety of level switches are available, each one is used in specific application and specific function. Capacitive switches are used in non-metallic materials, which are used in ceramic, plastic and glass industries.

Optical level switches or level sensors are used in air-conditioning systems, hydraulic reservoir, etc. Tilt switches are used in trippers, hoppers, etc. they have a probe which is designed to sense bulk material. Paddle switch is a rotating sensor used in powder, material level check. Tuning fork switches are used in chemical processing, they control the level of powder, grains etc. Floating level switches are used to detect the level of the liquid tank.

By Market Participants

Examples of some of the market participants identified across the value chain include Water Level, Murphy, Pricol Ltd, Electronet Equipment’s Pvt Ltd, AMETEK , BinMaster, Endress+Hauser AG, GEMS, GHM Group, elobau sensors technology, EGE,IMB Industrielle Messtechnik, Soway.

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

• In December 2020, Rockwell Automation Indonesia launched a new safety switch (Allen-Bradley Guardmaster 440G-EZ) which can help to protect people, process and equipment. The new electromagnetic safety switch uses a power-to-lock magnetic locking function to improve the overall process.
• In October 2021, OMRON launched the D41 series safety door switch that can effectively reduce the risk of interlock devices being deactivated to ensure a safe and worry-free production site.

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Global Level Switches Market: Segmentation

By switch type, the global level switches market is segmented into:

• Capacitive
• Conductivity
• Diaphragm
• Displacer
• Float
• Optical
• Paddle
• Tilt
• Tuning fork
• Rod

By application, the global level switches market is segmented into:

• Closed vessels
• Reservoirs
• Temperature requirements
• Mining
• Hooper’s
• Grain silos
• Liquid holding tank

By end-use, the global level switches market is segmented into:

• Plastic industry
• Chemical industry
• Power plant
• Pharmaceutical
• Wood industry
• Ceramic industry

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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.

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The global industrial weighing equipment market is expected to increase from US$ 2,456.2 million in 2022 to US$ 3,992.5 million by 2032. From 2022 to 2032, the market is expected to grow at a 5% CAGR.

Industrial weighing machines are used to determine the weight of various objects, products, or gadgets. Industrial weighing scales are available in both analogue and digital formats. Industrial weighing machines are widely used due to their numerous advantages, which include high precision, ease of calibration, and ease of comprehending the results.

Industrial weighing equipment is also used to properly fill raw materials and check the weight of delivered goods. Industrial weighing machines are required by manufacturers because they provide accurate weight readings to a predefined number of decimal places and help to cut production costs by eliminating material waste and overfilling.

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Industrial weighing scales can quickly and accurately measure weights ranging from milligrammes to metric tonnes. They are dependable, strong, and quick. Agriculture, pharmaceuticals, construction, food, and other end-use industries are those that use industrial weighing machines the most. Depending on their intended use, industrial weighing machines come in a variety of types, such as the conveyor scale, which weighs items as they move along a conveyor, and the weighbridge, which weighs massive trucks and other vehicles.

The market for industrial weighing equipment is expected to grow as a result of rising acceptance and demand for automation across a variety of industries. Higher labour costs and problems with manual weighing devices are two additional factors predicted to boost the industrial weighing equipment market. The labour and time required for weighing processes can be reduced with the help of automatic industrial weighing equipment. The global market for industrial weighing equipment is also anticipated to be stimulated by an increase in industry infrastructure spending.

Outlook Of The North American Industrial Weighing Equipment Market

During the projection period of 2022–2032, the North American market is anticipated to be the dominant market for industrial weighing equipment in terms of market share and revenue. According to Future Market Insights analysts, the industrial weighing equipment market in North America will reach a global market size of 24.8% by 2022.

North America currently controls the majority of the market share as a result of the end-use industry’s continued expansion and the expanding range of equipment implementations. The presence of well-known US companies and the ongoing trend toward automation support the regional market. Due to increased investments across a number of industry sectors and the simple availability of raw materials needed for industrial weighing equipment, the market is anticipated to expand.

Also, due to its sizable pharmaceutical industry, robust retail sector, and rising household demand for health monitoring, the U.S. dominates the region. Such advances are expected to propel the market in North America during the forecast period.

The European Market Driving Demand For Industrial Weighing Equipment

Europe will control about 22.1% of the global market by 2022. During the forecast period, 2022–2032, this region is anticipated to have one of the fastest growing markets for industrial weighing equipment.

The region’s high concentration of retail stores and laboratories, as well as growing consumer health consciousness, are driving the demand for electronic weighing equipment. Germany and the UK are the biggest investors in and contributors to the regional market’s expansion. The low cost of the product in the area as a result of the presence of regional businesses is largely responsible for the region’s economic dimensions and the strong leadership of regional companies. Throughout the anticipated period, this is anticipated to fuel demand for industrial weighing equipment solutions.

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What Can Be Expected from the Asia Pacific during the Forecast Period?

During the forecast period, the Asia Pacific region is anticipated to grow at the fastest CAGR. China has been the market leader in terms of the use and production of various products.

China will continue to be the world’s largest auto market when global car production rises to 40 million units by 2022 and 53 million units by 2025, according to the Chinese government. The Chinese government opened up its manufacturing industry to foreign companies by lowering the tariffs on automotive parts and raising the bar on foreign investment in the industry, which is also boosting the growth of the international industrial weighing market. Such regulations are projected to boost the expansion of industrial weighing equipment throughout the area.

Key Segments Profiled in the Global Industrial Weighing Equipment Market

Industrial Weighing Equipment Market by Product Type:

• Industrial Checkweighers
• Industrial Counting Scales
• Industrial Floor Scales
• Industrial Rail Scales
• Other Industrial Weighing Equipment

Industrial Weighing Equipment Market by End Use Industry:

• Industrial Weighing Equipment for the Chemicals Industry
• Industrial Weighing Equipment for the Manufacturing Industry
• Industrial Weighing Equipment for the Mining Industry
• Industrial Weighing Equipment for the Food & Beverage Industry
• Industrial Weighing Equipment for Other Industries

Industrial Weighing Equipment Market by Region:

• North America Industrial Weighing Equipment Market
• Latin America Industrial Weighing Equipment Market
• Europe Industrial Weighing Equipment Market
• Asia Pacific Industrial Weighing Equipment Market
• Middle East & Africa Industrial Weighing Equipment Market

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Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.8. PESTLE and Porter’s Analysis

3.9. Regulatory Landscape

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2016-2021 and Forecast, 2022-2032

4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2016-2021

4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

5. Global Market Analysis 2016-2021 and Forecast 2022-2032, By Product Type

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Product Type, 2016-2021

5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Product Type, 2022-2032

5.4. Y-o-Y Growth Trend Analysis By Product Type, 2016-2021

5.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032

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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.

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The global duct fans market is expected to be worth US$ 7,683.3 million by 2032, with sales increasing at a reasonable 5.3% CAGR between 2022 and 2032. The duct fans market is expected to be worth US$ 4,585.4 million in 2022, owing to the growing use of fans in the expanding industrial construction sector.

Due to continuous technological advancements and innovation, the duct fans market is expected to thrive over the forecast period. Growing smart home projects, as well as advancements in the cement and pharmaceutical industries, are key growth drivers for the duct fans market.

In the recent past, the emerging or BRICS economies have witnessed marked growth in construction and building industries. In addition to this, there’s been a steady increase in the amount of smart home projects. Both of these factor drive the demand for duct fans over the period of observation.

Moreover, industries in the developed countries are keen on improving and renovating buildings and other infrastructure. Thus, the construction sectors that require the expulsion of harmful gases, bad odors, and other impurities push the demand for the duct fans.

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Due to its dealings with chemicals, the pharmaceutical industry is considered as one of the most hazardous industries. Again, owing to product sensitivity and the need to prevent them from spoiling, the relative humidity and temperature need to be maintained. These factors contribute to the increasing demand of duct fans.

Furthermore, rising air pollution has resulted in the implementation of stringent regulations by government authorities. Consequently, companies are forced to take sustainable measures for addressing these issues. One way these companies comply with the regulations is by installing duct fans to maintain the supply of fresh air their operation space to create a healthy work environment.

The cement industry, too, requires adequate ventilation system as it experiences pollution from a variety of chemicals like calcium oxide, gypsum, and aluminum silicate that are used in the industry.

Additionally, owing to a kiln usage, temperature is always high in this industry. These factors boost the adoption of duct fans in the cement industry. All of the aforementioned factors foster an environment of growth for the duct fans market during 2022-2032.

“Rising smart home projects along with the demand from the growing construction, cement, and pharmaceutical industries propel the market growth of the duct fans over the forecast period,” says an FMI analyst.

Key Takeaways:

• Rising oil prices and ambiguous exploration investments may stunt the market growth.
• Revival of alternative energy sectors may stimulate new market prospects.
• North America accounts for the largest market revenue share, holding about 22% of the global share.
• Germany is predicted to dominate the duct fans market in Europe.
• Europe holds about 19% of the global market revenue share.

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Competitive Landscape 

CECO Environmental, Crompton Greaves Limited, DongKun Industrial Co. Ltd., Flakt Woods Group SA, Robinson Fans, Twin City Fan Companies, Greenheck Fan Corporation, Nortek Air Solutions, Johnson Controls, Loren Cook, Twin City Fan, FläktGroup, Soler & Palau, Polypipe Ventilation, Nanfang Ventilator, Continental Fan Manufacturing Inc., Ebara Corporation, Elta Fans, Ferrari Ventilatori Industriali S.p.A, and Formula Air among others are some of the major players in the duct fans market profiled in the full version of the report.

Leading market players are focusing on entering markets in emerging economies to expand their manufacturing facilities. These businesses are keen on introducing and developing new products.

More Insights into Duct Fans Market Report

In its latest report, FMI offers an unbiased analysis of the global duct fans market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product type (centrifugal fans, axial fans, cross-flow fans), shape (circular, rectangular, square), end user (residential, commercial, industrial), and region.

According to the latest FMI reports, based on region, the duct fans market in North America is counted as the largest market with ownership of around 22% share of the market revenue. This growth is primarily driven by the market presence in the United States.

Manufacturers in the market are keen on channelizing their resources and export volumes to capture the U.S. market. Favourable government policies also support the market growth in the U.S. With Europe accounting for the second largest duct fans market and holding about 19% of the revenue share, the market in this region is set to prosper over the forecast period.

In Europe, Germany seems to dominate the duct fans market. Increasing industrial spending and Germany’s move to increase its domestic capacity to meet the growing demand are fueling the regional market growth.

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Key Segments Profiled in the Duct Fans Market Survey

By Product Type:

• Centrifugal Fans
• Axial Fans
• Cross-Flow Fans

By Shape:

• Circular
• Rectangular
• Square

By End User:

• Residential
• Commercial
• Industrial

By Region:

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

About Us

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:

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The fire-rated cables market is expected to be worth US$ 1,915.0 million in 2022. The broad range of applications and rising industrial value are expected to be the market’s primary growth factors. Fire-rated cable sales are expected to reach US$ 2,655.0 million by the end of 2032, with a 3.3% CAGR between 2022 and 2032.

Flame retardant and fire-rated cables are the two types of fire safety or fire protection cables. The primary distinction between flame retardant cables and fire-rated cables is that flame retardant cables are only designed to prevent combustion and thus limit the spread of fire, whereas fire-rated cables, also known as circuit integrity cables or fire resistive cables, can function in the presence of fire for a specified time under specified conditions. In the case of a fire, these cables are precisely engineered to keep the circuit intact. They are effective flame retardants with beneficial properties such as superior electrical and mechanical properties.

Fire-rated cables are simple-to-install cables that help to ensure the orderly shutdown of systems and the evacuation of building occupants. In the event of a fire, fire-rated cables can maintain the continuity and circuit integrity of electrical circuits such as electric heaters, furnaces, ovens, heating & air conditioning equipment, kilns, cooking equipment, appliances, lighting fixtures, fire safety equipment, and alarm systems for a longer period of time.

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The global fire-rated cables market is estimated to be driven by safety standards in various commercial and residential buildings as well as standards that ensure the safety of roadway tunnels, refineries and transit systems. A fire-rated cable consists of insulation and a fireproof layer that can survive high temperatures ranging from 750°C to 950°C.

Fire-Rated Cables Market: Dynamics

Drivers

Safety & security regulations, especially in countries, such as the U.S., Europe, and Japan are forecasted to support the growth of the global fire-rated cables market.

Favourable characteristics, such as the ability to withstand high temperatures (750°C-950°C), low toxicity, non-corrosiveness and low smoke emission during a fire are estimated to drive the global fire-rated market.

Restraints

The high cost of fire-rated cables, as compared to other fire protection cables may hamper the growth of the market, especially in cost-sensitive regions, such as Asia-Pacific and Middle East & Africa.

Fire Rated Cables Market: Segmentation

• The global fire-rated cables market can be segmented based on construction as single-core fire-rated cables and multicore fire-rated cables.
• The global fire-rated cables market can be segmented based on type as unarmored, armoured, braided and others.
• The global fire-rated cables market can be segmented based on application as residential applications, commercial applications and industrial applications.

Fire Rated Cables Market: Regional Outlook

The Asia Pacific fire-rated cables market is estimated to witness rapid growth, owing to an increase in stringent safety standards and growth in building & industrialization. Europe and North America are estimated to dominate the fire-rated cables market over the forecast period, owing to high safety & security measures mandated by governments. The Japan fire-rated cables market is estimated to grow at a significant rate, owing to consumer behaviour of adopting safety measures.

Fire Rated Cables Market: Market Participants

Examples of some of the market participants in the global fire-rated cables market, identified across the value chain include:

• Prysmian Group
• Nexans S.A
• Elsewedy Electric
• TPC Wire & Cable Corp.
• Relemac Technologies Pvt. Ltd.
• RR Kabel
• RSCC Wire and Cable
• FirstFlex
• Cleveland Cable Company
• Universal Cable (M) Berhad

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Key Segments of Fire Rated Cables Industry Survey

Fire Rated Cables Market by Construction:

• Single Core Fire Rated Cables
• Multicore Fire Rated Cables

Fire Rated Cables Market by Type:

• Unarmored Fire Rated Cables
• Armored Fire Rated Cables
• Braided Fire Rated Cables
• Other Fire Rated Cable Types

Fire Rated Cables Market by Application:

• Fire Rated Cables for Residential Applications
• Fire Rated Cables for Commercial Applications
• Fire Rated Cables for Industrial Applications

Fire Rated Cables Market by Region:

• North America Fire Rated Cables Market
• Latin America Fire Rated Cables Market
• Europe Fire Rated Cables Market
• East Asia Fire Rated Cables Market
• South Asia & Oceania Fire Rated Cables Market
• Middle East & Africa Fire Rated Cables Market

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Table of Content

1. Global Market – Executive Summary

1.1. Global Market Overview

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. FMI Analysis and Recommendations

2. Global Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Introduction and Definition

3. Market Background and foundation Data Points

3.1. Need of the Hour for Industries

3.2. Strategic Priorities

3.3. Life Cycle Stage

3.4. Importance of Technology

3.5. Forecast Factors: Relevance and Impact

3.6. Investment Feasibility Matrix

3.7. PESTLE Analysis

3.8. Porter’s Five Forces Analysis

3.9. Market Dynamics

4. Global Market Demand (US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032

4.1. Historical Market Value (US$ Mn) Analysis, 2017-2021

4.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032

5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Construction

5.1. Introduction / Key Findings

5.2. Historical Market Value (US$ Mn) Analysis By Construction, 2017-2021

5.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Construction, 2022-2032

5.4. Market Attractiveness Analysis By Construction

About Us

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:

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According to the latest insights by Future Market Insights (FMI), the global rescue hoist systems market is set to be valued at over US$ 569.8 Million in 2022. The market is anticipated to expand at over 3.7% CAGR between the assessment period of 2022 to 2032. It is likely to reach US$ 822.3 Million by 2032.

According to Future Market Insights, the market for rescue hoists systems is primarily being driven by high demand from the search and rescue operations team in the military and defense sector. Besides, growing use of emergency rescue and response operations by disaster response and rescue assistance groups around the world would drive the market.

Surging use of latest technologies in the field of rescue hoist systems to achieve better results is another crucial factor that would push the market. According to FMI, defense remains the top user of rescue hoist systems. The segment is anticipated to remain dominant throughout the forecast period. The defense sector accounts for a sizable share of the world’s helicopter fleet. Combat helicopters are also set to be a leading user of rescue hoist systems, as compared to other helicopters.

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Key Takeaways from Rescue Hoist Market Study

• South Asia & Pacific rescue hoist system market is estimated to witness a CAGR of 2% throughout the forecast period (2022-2032).
• The rescue hoist system market holds around 3-8% of share in the global hoist system market.
• India rescue hoist system market is anticipated to grow at a CAGR of 6% in the forecast period.
• By capacity, the 0.15 to 0.5 tons segment is estimated to account for more than 66% of the market share by 2032.
• Based on end use, the defense segment is set to grow at a CAGR of 4% during 2022-2032.

“Increasing use of helicopters for maintenance, repair, and overhaul (MRO) services in the field of offshore wind turbines is projected to aid the global market. Besides, growing offshore oil production would create lucrative opportunities for key players present in the global rescue hoist market,” says a Future Market Insights analyst.

Competitive Landscape: Rescue Hoist System Market

In accordance with the changing regulatory frameworks, market leaders such as Breeze Eastern, VINCORION and Collins Aerospace are focusing on providing rescue hoist systems with improved capabilities. Some of the other companies are focusing on building strong relationships with major militaries for gaining long-term supply contracts.

Find More Valuable Insights on Rescue Hoist System Market

The research report analyzes demand for Rescue Hoist. The global Rescue Hoist market has been analyzed with various macroeconomic factors, market trends and market background. As per Future Market Insights, the market has been analyzed on the basis of type, drive mechanism, sales channel, 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.

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Key Segments Covered in Rescue Hoist System Industry Analysis

By Drive Mechanism:

• Electric
• Hydraulic

By Type:

• Chain
• Cable

By Sales Channel:

• First Fit
• Retro Fit

By Capacity:

• Up to 0.15 tons
• 0.15 to 0.5 tons
• 0.5 to 1 tons
• More than 1 tons

By End Use:

• Defense
• Utility Operations
• Homeland Security
• Emergency Services
• Others

By Region:

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

About Us

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:

Future Market Insights Inc.   
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200 Continental Drive, 
Suite 401, Newark, 
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The container weighing systems market is anticipated to grow at a slow rate of 3.2%. The current valuation of the container weighing systems market is US$ 3,339.4 Million in 2022 and it is anticipated to surpass US$ 4,567.8 Million by the year 2032.

The container weighing systems play critical role in handling of shipping containers to avoid interruption to operations. The manufacturers are offering Container Weight System that are specifically developed to meet Safety of Life at Sea Convention (SOLAS) regulations and derive accurate weight for proper container handling and safe vessel stowage post amendments in the SOLAS.

The requirement for measuring accurate weight of containers for the marine transportation will be play huge role in driving the demand of Container Weighing Systems. Moreover, the Container Weight System must be able to get configured to already existing spreader based container handling equipment requirements that includes load pin, load cell and twist lock options.

The container Weighing Systems offers substantial operational savings to the users as it avoids wastage of time and money due to returning of overweight containers and delay caused by third-party weighing service providers.

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Container Weighing Systems Market: Drivers and Restraints

The Container Weighing are gaining importance in the global shipping industry after International Maritime Organization (IMO) amended the SOLAS that require all containers to be either be directly weighted to confirm their weight as a condition for loading aboard a vessel. The new laws for container transportation are anticipated to play important part in the growth of the global container weighing system market in the coming years.

The Container Weighing Systems will be major assets for all the stakeholders within the container supply chain in order to comply with amended SOLAS regulations. In the coming years, the demand for container weighing systems is expected to continuously rise in proportion to rising global trading volume.

The development in emerging economies in infrastructure sector will significant role in increasing transportation sector. One of the major focus route for market participant to increase sales volume of Container Weighing System will be One Belt One Road (OBOR) transport network.

The growing adoption of automation at major ports will also create positive impact over the global container weighing system market. In terms of applications of container weighing system, the ports will hold lion’s share in the market in the coming years. The high investment required for installing Container Weighing Systems may pose restraint on the global container weighing system market in the future.

However, the operational benefits and mandatory compliance with the regulations are expected to offset the impact.

Container Weighing Systems Market: Region-Wise Outlook

The global Container Weighing Systems market is segmented into seven key regions: North America, Latin America, Western Europe and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

In the coming years, Western Europe, Japan and North America are expected to hold major share in the demand of Container Weighing Systems mainly driven by strict government safety regulations for the transportation sector in the developed regions.

The APEJ is expected to register significant growth due to rapidly developing manufacturing base and rising automation among various end user industries in the developing economies such as China and India in this region. The MEA, Latin America and Eastern Europe are also expected to register healthy CAGR over the forecast period.

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Container Weighing Systems Market: Market Participants

Examples of some of the market participants identified across the value chain of the global Container Weighing Systems market include:

• Avery Weigh-Tronix LLC
• Fairbanks Scales, Inc.
• Flintec Group AB.
• Hottinger Baldwin Messtechnik GmbH.
• LCM Systems Ltd.
• Mettler-Toledo International Inc.
• Rice Lake Weighing Systems, Inc.
• Sherborne Sensors Ltd.
• Tamtron OY
• Weightron Bilanciai Ltd.

Recent Developments

• Avery Weigh Tronix has launched a new range of ZM201 series of weighing indicators for accurate load calibration and indication.
• In 2020, terminal operator SSA Marine announced that the retrofitting of its rubber-tired gantry (RTG) cranes to battery power produced remarkable results. The project was part of the Port of Oakland’s Seaport Air Quality 2020.

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Key Segments in the Container Weighing Systems Market

By Medium:

• Rail
• Road
• Ship

By Vertical:

• Chemical
• Construction
• Food & beverage
• Manufacturing
• Mining & aggregates
• Transport & logistics

By Region:

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

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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.

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Between 2022 and 2032, the global integrated gas system market is expected to be worth US$ 934.1 million, growing at a 7.4% CAGR. Demand from a variety of end-use industries, including oil and gas, chemical and petrochemicals, semiconductors, and others, will drive the integrated gas system to a market value of US$ 458.7 million by the end of 2022.

The rising electronics and semiconductor industries will increase market possibilities for integrated gas systems over the forecast period. The growing emphasis on enhancing gas supply systems through the use of ultra-high purity (UHP) gas systems for gas delivery applications in the semiconductor manufacturing process will drive the integrated gas systems market forward. Electronics industry heavyweights such as Intel and Samsung will also help to market expansion by expanding their production and manufacturing facilities.

The rising adoption of Industry 4.0 in a range of industry verticals is projected to bring up new prospects for integrated gas systems. The introduction of the Internet of Things, advancements in digital networking, and the extensive usage of mechanical and electronic products in multiple sectors have offered the integrated gas system market with numerous prospects.

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Furthermore, over the forecast period, the introduction of micro-gas chromatography architecture with advanced technology integration is expected to drive market growth for integrated gas systems.

‘Advances in the semiconductor sector, combined with constant product development by major market players, are expected to drive integrated gas system market growth during the forecast period,’ an FMI analyst predicts.

Key Takeaways:

• Heightened application of Industry 4.0 in various industries to strengthen market possibilities.
• High initial investments may impede market growth for integrated gas systems.
• Integrated gas systems in the U.S. is expected to present considerable growth over the assessment period.
• The semiconductor sector is propelling the market growth in South Korea.
• By seal type, the W-seal segment is expected to account for 49.3% of the global market share.
• By application, the semiconductor segment will likely dominate the market.

Competitive Landscape 

Fitok Group, Carten Controls, Tk-fujikin, Sergas, Ichor Systems, Orbital Gas Systems, Deif India Pvt Ltd, Pureron Japan Co. Ltd., CKD Corporation, Euro Gas Systems, and others are some of the major players in the integrated gas system market profiled in the full version of the report.

Major market players are concentrating on increasing investment in product development as well as expanding their overall geographic presence to gain a competitive edge. These businesses are also investing in research and development activities to aid product development.

More Insights into the Integrated Gas System Market Report

In its latest report, FMI offers an unbiased analysis of the global integrated gas system market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on valve type (pneumatic valve, manual valve, metering valve, check valve), application (lithography, etching, chemical vapour deposition, photoresist coatings, oxidation, ionization), seal type (W seal, C seal, face seal), and region.

According to the latest FMI reports, based on region, the integrated gas system market in the United States is expected to exhibit impressive growth over the forecast period. The market in this region will likely hold 90% of the overall market share by the end of 2022. This growth is attributed to the massive semiconductor industry in the country. Increasing sales of the automotive sector, especially electric vehicles, will supplement this regional growth.

China’s integrated gas system market will experience substantial growth due to the advancing electronics sector of the country. China is anticipated to account for a market share of around 30% in East Asia during the projected period.

The integrated gas system market in South Korea is predicted to undergo elevated demand. This is owing to the application of integrated gas systems in the semiconductor and electronics sector.

Based on segmentation, by seal type, the W-seal is expected to account for 49.3% of the international market share. W-seals are gaining popularity due to their ability to ensure leak-proof handling of hazardous gases. Whereas, on the basis of application, the semiconductor sector and the lithography process are expected to lead the market over the projection period of 2022 to 2032.

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Integrated Gas System Market Segmentation

By Valve Type:

• Pneumatic Valve
• Manual Valve
• Metering Valve
• Check Valve

By Application:

• Lithography
• Etching
• Chemical Vapor Deposition
• Photo Resist Coatings
• Oxidation
• Ionization

By Seal Type:

• W seal
• C seal
• Face Seal

By Region:

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

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Table of Content

1. Executive Summary | Integrated Gas System Market

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply Side Trends

1.4. Technology Roadmap

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032

5.1. Historical Market Volume (‘000units) Analysis, 2017 to 2021

5.2. Current and Future Market Volume (‘000 units) Projections, 2022 to 2032

5.3. Y-o-Y Growth Trend Analysis

6. Global Market – Pricing Analysis

6.1. Regional Pricing Analysis

6.2. Global Average Pricing Analysis Benchmark

About Us

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:

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
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The global industrial exhaust system market is projected to garner US$ 4,378.1 Million by the end of 2022. Throughout the forecast period from 2022 to 2032, a healthy growth rate of 4.7% has been projected for the market with an evaluation of US$ 6,930.3 Million by 2032. According to the historical projection, the industrial exhaust system market grew at a stable CAGR of 3.8%.

An industrial exhaust system comprises a variety of components including ducts, vents, fans, pipes, collectors, and so on. These parts are used to join the hood to the chimney. Industrial exhaust is an ideal approach as it eliminates contaminated air from the workplace containing all sorts of impurities such as fumes, dust particles, chemicals, shavings, and other hazardous components.

The industrial exhaust systems are installed at the source with the help of ducts and pipes in order to prevent the mixing of harmful and fresh air together. The major objective for the installation of industrial exhaust systems in industry workplace is to have a clean and contamination-free environment for the workers to feel safe and work efficiently.

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Key Takeaways

• Industrial exhaust systems are majorly used to stabilize the amount of heat generated at the workplace by eliminating warm air and removing contaminated air in order to keep internal pressure and temperature intact and at a safe level at the same time.
• There are two types of industrial exhaust systems: general industrial exhaust systems and local industrial exhaust systems. They are both used for different applications. Local industrial exhaust systems are considered to be more effective, dependable, and efficient than general industrial systems.
• Global industrialization in sectors such as chemicals & materials, textiles, and automotives have created lucrative growth for steel products and electrical equipment which in return are expected to fuel the growth of industrial exhaust systems.
• Several regulations and norms imposed by government authorities in various countries continue to propel the demand for industrial exhaust systems, and thus the market is broadening.
• There are plenty of factors that are expected to create significant opportunities for the industrial exhaust system market such as improved vehicle production, elevated vehicle sales, and increased global industrialization. In addition to that, a major industry trend is the increased use of non-noble metals in the production of industrial exhaust systems.

Competitive Landscape

The leading market players in the industrial exhaust system market are focusing on improving product quality and enhancing global sales. In order to gain a competitive advantage in the industry, emerging industries are working on notable developments and releasing new products.

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More Insights into the Industrial Exhaust System Market

The North American region is expected to dominate the industrial exhaust system market by accounting for a total market revenue of 19.3% in 2022. With the growth of automotive manufacturers, demand for industrial exhaust systems is also on a hike.

Several companies in North America are manufacturing high-performance industrial exhaust systems to assist them to increase their vehicle’s efficiency and utilize them at maximum efficiency to improve their performance and efficiency. Owing to the surging popularity of electric vehicles, the North American region will present significant growth opportunities.

According to the reports of the Society of Motor Manufacturers and Traders, the United Kingdom is considered to be the 13^th largest automobile manufacturer in the world and the fourth largest in Europe in terms of volume. Due to the increased adoption of low-emission vehicles, the region is likely to see growth in this market.

A significant rise in disposable income in various segments of society has led to the widespread adoption of industrial exhaust systems in Europe’s developed economies, such as Italy, the Netherlands, and France, which will influence the industrial exhaust market in Europe.

According to the FMI analysis, Europe is expected to exhibit lucrative growth opportunities by accounting for a total of 16.8% of the revenue of the global industrial exhaust system market. Because of the region’s rising emission level, strict government policies are expected to auger growth in the market.

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Key Segments Covered in the Industrial Exhaust Systems Market Report

Industrial Exhaust Systems Market by Type:

• General Industrial Exhaust Systems
• Local Industrial Exhaust Systems

Industrial Exhaust Systems Market by End Use Industry:

• Exhaust Systems for the Oil and Gas industry
• Exhaust Systems for the Chemical Industry
• Exhaust Systems for the Metal and Mining Industry
• Exhaust Systems for the Textile industry
• Exhaust Systems for the Automobile Industry
• Exhaust Systems for Other Industries

Industrial Exhaust Systems Market by Region:

• North America Industrial Exhaust Systems Market
• Latin America Industrial Exhaust Systems Market
• Europe Industrial Exhaust Systems Market
• Asia Pacific Industrial Exhaust Systems Market
• Middle East & Africa Industrial Exhaust Systems Market

About Us

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:

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
Browse latest Market Reports: https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| Blogs