Air Barrier Market is poised to grow at a healthy CAGR of 4.6% during Forecast 2022 to 2029

The global air barrier market value will exceed US$ 16,932.8 million by 2022 end, owing to the industry’s much anticipated shift from traditionally preferred gypsum board to sustainably superior spray foam. According to a recent research study conducted by Future Market Insights (FMI), the overall growth of the air barrier market will be moderate during the forecast period of 2022-2029.

Increased installation of insulation systems is driving demand for air barriers in the residential building sector in particular. However, demand in the commercial and industrial sectors will rise significantly in the coming years. According to the report, this increase in demand is due to the increasing stringency of regulations and the industrial building code of conduct.

Demand for air barriers has been growing at a stable pace over the past decade, due to stringent norms compelling manufacturers to build energy-efficient walls. To sustain and strengthen their market share in the air barrier market, players have started focusing on the development of novel techniques and methods that are efficient, effective, and offer additional functionalities.

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Key Takeaways – Air Barrier Market Study

  • Increasing stringent building codes & energy regulations are expected to have a positive impact on the long-term growth of the air barrier market.
  • Energy resources are limited; every unit saved is equivalent to each unit produced, and this is where the role of efficient insulation materials comes into play.
  • Several manufacturers of spray foam insulation have developed environmentally-sensitive, innovative solutions that reduce carbon footprint. Spray foam insulation is produced using non-HCFC gas as the foaming agent.
    • For instance, Icynene offers a 100% water blown spray foam solution, i.e. without any synthetic blowing agents or ozone-depleting substances, hence, minimizing overall global warming potential (GWP).
  • The market for eco-friendly and natural air barriers is anticipated to remain highly attractive during the forecast period. Insulation materials such as cellulose and fiberglass are preferred, owing to their higher recycled content and superior eco-friendly nature.

Market Landscape Remains Fairly Consolidated

The global air barrier market is a fairly consolidated competition landscape, with a limited number of players dominating nearly the entire air barrier manufacturing and supply scenario. High price point associated with raw materials, high manufacturing costs, and established foothold of existing manufacturing companies would continue to pose major challenges in front of potential new entrants in the global air barrier market.

Smaller players operating in the air barrier landscape, on the other side, will continue to invest in organic growth strategies such as acquisitions, collaborations, and joint ventures. One of the globally leading players in air barrier market that have been profiled in the report includes Owens Corning that currently accounts for more than 18% of the total market share.

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Air Barrier Markey by Category

By Product Type:

  • Gypsum Board
  • Drywall
  • Plywood
  • OSB (Oriented Strand Board)
  • Spray Foam
  • Fiberglass/Rockwool
  • Cellulose
  • Others

By Type:

  • Membranes
  • Coatings
  • Stacking & Filling

By Site:

  • External
  • Internal

By Application:

  • Corrosion Resistance
  • Insulation
  • Material Packaging & Stacking
  • Microbial & Fungal Resistance

By End Use:

  • Residential Buildings
  • Commercial Buildings
  • Industrial Facilities
  • Car Parks & Underground Basements
  • Military Buildings & Bunkers
  • Green Houses
  • Metal Buildings

By Region:

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

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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EUV Lithography Market is expected to grow at a CAGR of 21.5% from 2022 to 2029

By the end of 2021, global EUV Lithography sales were estimated to be around US$ 4,648.6 million. The market is expected to grow at a CAGR of 21.5% between 2022 and 2029, reaching a value of US$ 22,978.6 million by 2029. Miniaturization of integrated circuits and microchips increased wafer production, and the semiconductor industry’s consistent growth is expected to propel the adoption of EUV lithography into chip manufacturing around the world.

Given the technology’s infancy and high upfront costs, many IDMs and foundries are currently hesitant to adopt EUV lithography in chip manufacturing. However, with continuous innovation and R&D, products should become more efficient and less expensive.

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Key Takeaways

  • The reduction of microchip sizes to incorporate them into shrinking semiconductors is one of the prime factors that resulted in the development of EUV lithography technology.
  • The emergence of artificial intelligence (AI), machine learning, industrial IoT (IIoT), and autonomous driving has been driving the miniaturization of microchips, subsequently creating the need for EUV lithography in chip manufacturing.
  • Constant innovation, R&D, and retrofitting of installed systems to improve wafer production, are anticipated to remain key trends in the EUV lithography market.
  • Integrated device manufacturers (IDM) and foundries are projected to create the bulk of the demand for EUV lithography systems, as they are responsible for the majority of the microchip and integrated circuit (IC) demand across industries.
  • Acquisition of stakes in key technology-based companies to complement product development is anticipated to remain a prominent trend in the market.

A list of Key Players Covered in the EUV Lithography Market are:

  • ASML
  • Nikon
  • Canon
  • Carl Zeiss
  • Toppan Printing
  • NTT Advanced Technology
  • Intel
  • Samsung
  • SK Hynix
  • Toshiba
  • TSMC
  • Global Foundries

EUV Lithography Market – A Monopoly

A single manufacturer leads the EUV lithography market. ASML is the sole manufacturer of EUV lithography systems in the world today and holds a monopoly in the market. The company is focused on acquiring stakes in key companies, which provide supporting technology for the manufacturing of EUV lithography systems. It is also engaged in collaborations with solution providers to help in the R&D and development of future generations of EUV lithography systems.

Will EUV Dominate Lithography Systems?

In the present lithography market, EUVs are a new and upcoming technology, with the first commercial product being sold in 2016. Given their ability to process light onto microchips of very small surfaces and with the growing adoption of technologies demanding miniaturization of microchips, the EUV lithography market is anticipated to capture a huge market share of lithography systems in the coming years.

Know More About Report Inclusions

Future Market Insights’ new market research report on the EUV lithography market includes a global industry analysis for 2014–2021 and an opportunity assessment for 2022–2029. The report details EUV lithography market demand by end-use across three different regions, the Americas, EMEA, and the Asia Pacific.

The research report also offers global consumer electronics demand trends, the impact of wide-scale 5G technology and IoT adoption, wafer production trends, the installed base of EUV lithography systems as well as market demand patterns across the mentioned regions.

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Global EUV Lithography Market by Category

By End Use:

  • Integrated Device Manufacturer (IDM)
  • Foundry
  • Memory

By Region:

  • Americas
  • EMEA
  • Asia Pacific

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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In-flight Entertainment & Connectivity Market Size worth US$ 645.3 Million by 2032

The global In-flight Entertainment & Connectivity market size is anticipated to reach US$ 645.3 Million in 2032 and exhibit astonishing growth at a CAGR of 12.3 % in the forecast period from 2022 to 2032.

In an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global In-flight Entertainment & Connectivity market. The report provides in-depth insights on the In-flight Entertainment & Connectivity market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the In-flight Entertainment & Connectivity market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The In-flight Entertainment & Connectivity market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the In-flight Entertainment & Connectivity market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the In-flight Entertainment & Connectivity market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

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In-flight Entertainment & Connectivity Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the In-flight Entertainment & Connectivity market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the In-flight Entertainment & Connectivity market report.

Key Companies Profiled

  • Kontron S&T AG
  • Safran Group
  • Panasonic Avionics
  • Thales Group
  • Collins Aerospace
  • Astronics Corporation

Key Segments Profiled in the In-flight Entertainment & Connectivity Industry Survey

By Aircraft Type:

  • Narrow Body Aircraft
  • Wide Body Aircraft
  • Regional Jets
  • Turboprop

By Distribution Channel:

  • Line Fit In-flight Entertainment & Connectivity
  • Retro Fit In-flight Entertainment & Connectivity

By Product Type:

  • Hardware
  • Connectivity
  • Content

By Region:

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

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Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of In-flight Entertainment & Connectivity in different regional markets?
  • At what rate has the global In-flight Entertainment & Connectivity market been expanding during the forecast period?
  • How will the global In-flight Entertainment & Connectivity market look like by the end of the forecast period?
  • What innovative technologies are the In-flight Entertainment & Connectivity market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global In-flight Entertainment & Connectivity market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the In-flight Entertainment & Connectivity market

About FMI:

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

Contact:

Future Market Insights, Inc.
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Suite 401, Newark, Delaware – 19713, USA
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AI Assisted Robots Market Size to Grow at a CAGR of 18.5% through 2032

The global AI assisted robots market size is anticipated to reach US$ 914.3 Million in 2032 and exhibit astonishing growth at a CAGR of 18.5% in the forecast period from 2022 to 2032.

In an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global AI Assisted Robots market. The report provides in-depth insights on the AI Assisted Robots market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the AI Assisted Robots market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The AI Assisted Robots market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the AI Assisted Robots market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the AI Assisted Robots market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

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AI Assisted Robots Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the AI Assisted Robots market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the AI Assisted Robots market report.

Key Companies Profiled

  • Promobot LLC
  • ABB
  • UBTech Robotics Limited
  • Anki
  • Argo AI, LLC
  • Robotics Hanson, Inc.
  • Brain Corporation
  • Blue Frog Robotics
  • Vicarious Systems
  • CloudMinds
  • Nvidia Corporation
  • Mayfield Robotics

Key Segments Profiled in the AI Assisted Robots Industry Survey

By End-use Industry:

  • Automotive
  • Electrical & Electronics
  • Food & Beverage
  • Manufacturing
  • Agriculture
  • Construction
  • Military
  • Healthcare
  • Consumer
  • Logistics & Transportation
  • Packaging

By Region:

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

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Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of AI Assisted Robots in different regional markets?
  • At what rate has the global AI Assisted Robots market been expanding during the forecast period?
  • How will the global AI Assisted Robots market look like by the end of the forecast period?
  • What innovative technologies are the AI Assisted Robots market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global AI Assisted Robots market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the AI Assisted Robots market

About FMI:

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

Contact:

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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Laser Welding Market is Expected to Reach a High Valuation of US$ 5,387.0 Million from 2022 to 2032

The global laser welding market is expected to be worth $2,758.3 million in 2022, rising at a 6.9% CAGR to $5,387.0 million between 2022 and 2032. The growing momentum towards renewable energy generation is attributed to the growth.

According to Future Market Insights, Europe will provide lucrative growth opportunities for Laser Welding, with a substantial 30% share expected in 2022.

Europe is expected to experience significant market growth, owing to the well-established automotive sector in countries such as Germany, Spain, France, and others, which is expected to act as a driving force in the region’s market growth. The market is supported by technological advancement in the region.

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Laser Beam Welding is a joining technique that uses heat generated by highly concentrated laser beams to join two or more similar materials. Metals are the most commonly used materials in these welding techniques, but plastic materials have also found use in the laser beam welding process.

Laser beam welding is extremely useful for welding small parts because it produces minimal residue and thermal distortion. Laser beam welding is being used in a variety of industrial applications because it can be fully automated and achieve high welding speeds.

The growth of the market is majorly driven by the increasing demand from several end-user industries such as automotive, medical, electronics, etc., across the world.

Furthermore, the market is also driven by the growing demand for the fabricated metal products, development of heavy industrial equipment, advancement in the manufacturing processes, and adoption of latest technologies. Additionally, the demand for automated equipment is also increasing due to the shortage of skilled personnel in some of the regions studied.

Factors such as increasing utilization in the manufacture of wind turbines is expected to boost the growth of the Laser Welding market in the near future.

On the other hand, high power requirement and automation is one of the major factors that is expected to hamper the growth of Laser Welding Market over the analysis period.

The growing momentum towards the generation of energy through renewable sources is expected to propel the growth of the Laser Welding Market over the analysis period. The electronics industry also utilizes this process as the manufacturers within this industry constantly deal with the fabrication of minute electronic components, such as circuit boards, transistors and integrated circuits.

The laser beam welding process is being steadily adopted in the automotive industry wherein around 20% of the welding operations are performed through laser beam welding equipment, this percentage is expected to rise even further in the upcoming years due to improvements observed in the overall productivity, quality and weld strength.

Automotive parts, such as engine components, solenoids, alternators, fuel filters and injectors, among others, have been increasingly manufactured through the laser beam welding process. Another factor influencing the growth of laser beam welding equipment market is its increasing utilization in the manufacture of wind turbines. All these factors are expected to boost the growth of the Laser Welding Market during the forecast period.

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Key Segments Profiled In The Laser Welding Industry Survey

Laser Welding Market By Product Type:

  • Carbon Dioxide Laser (CO2) Welding Machine
  • Fibre Laser Welding
  • Solid-State Laser Welding
  • Others

Laser Welding Market By End-Use Industry:

  • Laser Welding for Energy Industry
  • Laser Welding for Transportation Industry
  • Laser Welding for Aerospace Industry
  • Laser Welding for Communications Industry
  • Laser Welding for Metal Fabrication Industry
  • Laser Welding for Automotive Industry
  • Laser Welding for Electronics Industry
  • Others

Laser Welding Market By Application:

  • Laser Welding for Spot and Seam Welding
  • Laser Welding for Laser Deposit Welding
  • Laser Welding for Scanner Welding
  • Laser Welding for Tube Welding
  • Laser Welding for Profile Welding

Laser Welding Market By Region:

  • North America Laser Welding Market
  • Latin America Laser Welding Market
  • Europe Laser Welding Market
  • Asia Pacific Laser Welding Market
  • Middle East & Africa Laser Welding Market

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

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Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
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Fire Protection Systems For Industrial Cooking Market to Display Impressive Growth of 5.9% CAGR by the end of 2029

The global fire protection systems for industrial cooking market is expected to reach $4.8 billion by 2022. The market is expected to reach $7.2 billion by 2029, with a 5.9% CAGR.

The growing number of commercial kitchens in China as a result of millennials’ popularity of Quick Service Restaurants (QSRs) and rising disposable income is expected to drive demand for portable fire suppression systems. According to FMI, the East Asian market for fire protection systems for industrial cooking will account for approximately 19.6% of the total by 2022.

Prominently driven by rapid increase in establishment of food manufacturing and processing units, adoption of fire protection systems for industrial cooking is further fueled by industrial safety regulatory framework. The market build-up has been solid over the past decade and is set for a healthy CAGR of 6% during the forecast period (2022 – 2029).

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A new Future Market Insights (FMI) study reveals that Asian markets are turning highly lucrative for manufacturers of fire protection systems catering to industrial cooking sector, as Asia Pacific has been witnessing strong growth in the commercial kitchen and foodservice industry.

Key Takeaways – Fire Protection Systems for Industrial Cooking Market Study

Wireless, automatic, and compact designs in fire alarm systems that fit most industrial layouts, and are compliant with guidelines set by regulatory bodies such as NFPA, are projected to gain more relevance.

High installation and maintenance costs of wired alarms will result in reduced preference for these systems in the future.

Key players are focused on launching early suppression fast response fire sprinkler systems that are capable of releasing large volumes of water (100 gallons per min), and have improved response time.

North America currently represents more than a fourth of the global market value and will continue to lead its way in fire protection systems for industrial cooking market.

In the backdrop of a large number of fire incidents in the U.S., strategic collaborations between manufacturers and installers will complement the amplifying demand for fire protection systems in industrial cooking sector.

Increasing demand for commercially-prepared food has paved the way for a growing number of food joints and restaurant chains. Robust growth in food ventures has been witnessed in recent years, which is expected to reduce cooking activities within industrial and manufacturing unit premises.

Fire protection systems for industrial cooking are designed and installed in accordance with standards, codes, and rules that are based on actual fire tests. Product customization, with proven advanced fire protection system installations, will play a key role in the value chain of the market.

Competitive Landscape Remains Fragmented

The market structure is considered to be fairly fragmented, with a large number of smaller companies offering identical products. Furthermore, growing number of players in the fire protection systems for industrial cooking market has been driving manufacturers to incorporate forward integration in terms of services, by offering installation, product consultancy, and aftersales support.

Key players such as Honeywell International Inc, Siemens AG, United Technologies Corporation, Emerson Electric Co., Johnson Controls International Plc, and Gentex Corporation hold a prominent share of market pie in terms of revenue, backed by long-term partnerships with consumers and well-established sales networks.

On the other hand, top manufacturers are strategically acquiring regional players, and retaining their brands to expand global presence. For instance, Johnson Controls International Plc provides safety services and solutions such as fire extinguishing systems under many brand names, including Ansul, Tyco Integrated Security, and Tyco SimplexGrinnell.

What Lies Ahead for Fire Protection Systems for Industrial Cooking Market?

Increased inclination towards performance efficiency will continue to be the prime driver for the development of technologically-advanced fire protection systems for use in various industries. Most customers are inclined towards purchasing fire protection systems with novel connectivity systems and reduced response times.

Fire Protection Systems for Industrial Cooking Market: Summary

Future Market Insights (FMI), in its new global fire protection systems for industrial cooking report, brings to fore an even-handed analysis of the global fire protection systems for industrial cooking market, offering comprehensive information with historical demand data for 2014 – 2021, and forecast statistics for 2022 – 2029.

The research study offers insightful aspects of the global fire protection systems for industrial cooking market based on various categories such as product type, end use, and region. A detailed value chain analysis regarding procurement, aftermarket services, and pricing analysis has been presented in the report.

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Fire Protection Systems For Industrial Cooking Market By Category

Product:

  • Fire Detection System
    • Flame Detectors
    • Smoke Detectors
  • Fire Management System
    • Fire Extinguishers
  • Fire Suppression System
    • Water Fire Suppression Systems
    • Gaseous/Clean Agent Fire Suppression Systems
    • Foam Fire Suppression Systems
    • Powder Fire Suppression Systems
  • Fire Response System
    • Emergency Lighting
    • Fire Alarm Devices

End Use:

  • Food Processing Units
    • Meat and Fish
    • Dairy Products
    • Sugar and Confectionery
    • Tortilla and Bakery
    • Other Food and Kindred Products
  • Industrial Kitchens

Region:

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

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights, Inc.
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: 
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Loader Bucket Market: Notable Developments & Geographical Outlook 2022 to 2029

Loader buckets have been used as an attachment in material handling equipment to transport solid material debris from the site of generation to other locations or loading into transporting vehicles. The loader bucket market will reach US$ 3 Billion in 2022 and see a promising CAGR over the forecast period (2022 – 2029). The APAC (Asia Pacific) loader bucket market is expected to grow the fastest, owing primarily to increased infrastructure activity in China and India.

The mining and construction industries, which are expected to grow at a rate of 3 – 4 percent, would be directly responsible for the market’s growth. Nonetheless, the waste recycling and management sector is expected to drive significant growth in the market. Loader buckets are increasingly being used in these industries, with off-road heavy vehicles used in waste management and recycling, construction, and mining driving demand.

Consumers are being encouraged to recycle and manage their waste as environmental concerns grow. Initiatives for recycling and waste management are critical in addressing environmental issues. Landfilling and other related activities necessitate the use of material handling equipment. Waste management success is expected to result from the combined efforts of the public and private sectors.

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Loader Bucket Market Key Takeaways

  • With healthy investments and implementation of construction projects undertaken by public and private sectors, global material handling equipment fleet and subsequent sales are expected to augment, including the sales of associated accessories and components such as bucket loaders.
  • According to the United Nations, for sustainable development, Asia Pacific would need about US$ 1.5 Tn spending on infrastructural investment, which is equivalent to 5% of the region’s GDP in 2018.
  • Observing the trends in the mining sector, it has been inferred that demand for loader buckets is expected to be generated mainly from surface/open pit mining for ferrous minerals and coal, with the Americas and Asia Pacific being major mining hubs.
  • General purpose buckets are the most recognizable loader buckets as they are capable of accomplishing versatile tasks such as dredging, mining, demolition, excavation, landscaping, landfilling, grading, and heavy lifting in harsh environments. This configuration is estimated to capture almost one-third of the global loader bucket market share.
  • Since waste management has strong linkage to many global challenges, the incorporation of waste recycling facilities in many countries such as the U.S., Germany, South Korea, and China has increased, in turn, creating substantial market space for loader buckets.

Construction and mining sectors at present are the chief employers of bucket loaders. However, the market will witness a significant impetus from waste management sector in the near future.

The loader bucket market is estimated to be a fairly consolidated market, where market players such as Komatsu Ltd., Caterpillar Inc., and Deere & Company are expected to continue witnessing strong sales order inflow and retain their dominance throughout the forecast period.

Brief Synopsis

The construction industry is playing a pivotal role in the loader bucket market and is expected to bag high volume orders of loader buckets in the global market. Though the mining industry is in a recovery phase in Europe, the region is expected to demonstrate moderate growth in the loader bucket market, backed by favorable end-use industry dynamics and increasing concerns towards waste management. Manufacturers of loader buckets are aiming to offer low lifecycle cost and durable loader buckets.

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Loader Buckets Market by Category

By Capacity:

  • Below 1 yd3
  • Between 1 yd3 to 5 yd3
  • Above 5 yd3

By Bucket:

  • General Purpose Buckets
  • Light Material Buckets
  • Heavy Duty Buckets
  • Multi-purpose Buckets

By Loader:

  • Excavators
  • Wheeled Backhoes
  • Wheeled Loaders
  • Skid Steer Loaders
  • Others

By Application:

  • Rock
  • Woodchip
  • Coal
  • Sand & Gravel
  • Waste Handling
  • High Dump

By Fit Type:

  • First Fit
  • Re-Fit

By End Use:

  • Construction
  • Mining
  • Waste Management & Recycling

By Region:

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

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Commercial RAC PD Compressor Market is supposed to rise at a CAGR of 4.0% by the end of 2028

According to a new market research report by Future Market Insights, the commercial RAC PD compressor market is expected to reach US$ 5.1 billion in 2022, growing at a robust 4.0% CAGR between 2022 and 2028.

The report investigates the commercial RAC PD compressor market and provides key insights from 2022 to 2029. A rise in food and beverage production, combined with increased cold chain capacity to ensure efficient food storage, is expected to support global demand for commercial RAC PD compressors over the forecast period.

According to the FMI study, as several government policies continue to support the production and use of environmentally friendly refrigerants, commercial RAC PD compressor manufacturers are leveraging energy technologies to offer cost-effective products with a lower carbon footprint.

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East Asia Commercial RAC PD Compressor Market Attractiveness Rising

Regions such as East Asia, North America and South Asia, are projected to capture substantial market shares in terms of value. However, the East Asia commercial RAC PD compressor market is estimated to project lucrative growth during the forecast period of 2019-2029. This growth is driven by the rapid increase in cold storage food trucks in countries such as China, South Korea, and Japan.

Moreover, significant changes in living standards and improving macro-economic scenario have led to a substantial surge in the number of organized retail stores, worldwide. The prompt growth of the organized retail sector considered by the rise in the number of hypermarkets, supermarkets etc., is anticipated to drive the growth of the overall food chain, that in turn, is expected to boost the sales of commercial RAC PD compressor for refrigerated display cases and other refrigeration equipment. The commercial RAC PD compressor market is likely to grow at a significant rate during the forecast period, supported by the increase in the number of retail stores across the globe.

Supermarkets and Convenience Stores to Remain Key End-Use Sectors of Commercial RAC PD Compressor

The global market of commercial RAC PD compressors has been segmented based on different types of Commercial RAC PD compressors, their multiple applications, and regions such as Latin America, North America, Europe, East Asia, South Asia, and Oceania and MEA.

By refrigeration, the commercial RAC PD compressor market has been categorized into R134A, R290, R410A, R744, R404A, R407C, and others. Among these, the R410A segment is expected to grow at a high pace, owing to its various advantages such as stretched cooling capacity, better efficiency, and size reduction of the compressor

By product type, the commercial RAC PD compressor market is segmented into reciprocating and scroll compressors. The reciprocating compressor accounts for nearly 64% value wise share, on account of its wide application in various commercial refrigeration equipment in the global commercial RAC PD compressor market.

Commercial RAC PD Compressor Market: Vendor Insights

The report highlights some of the prominent market players, who have established themselves as leaders in the global Commercial RAC PD Compressor market such as are The Danfoss Group, Huayi Compressor Co., Ltd, Midea Group, Emerson Electric Co., Nidec Corporation, Mitsubishi Electric Corporation, Panasonic Corporation, United Technologies, Corporation, GEA Group AG, MAYEKAWA MFG. CO., LTD.

The global Commercial RAC PD Compressor market is significantly consolidated with some players holding prominent shares of the market. Tier-1 manufacturers account for ~15%-20% of the global market with revenue from the Commercial RAC PD Compressor market of ~US$ 800Mn. Tier-1 manufacturers includes are The Danfoss Group, Huayi Compressor Company Ltd. and United Technologies Corporation

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Commercial RAC PD Compressor Market by Category

Product Type:

  • Reciprocating Commercial RAC PD Compressor
  • Scroll Commercial RAC PD Compressor

Cooling Capacity:

  • Less than 6 Kw Commercial RAC PD Compressor
  • 7-10 kw Commercial RAC PD Compressor
  • 11-15 kw Commercial RAC PD Compressor
  • 16-20 kw Commercial RAC PD Compressor
  • 21-30 kw Commercial RAC PD Compressor
  • 30-50 kw Commercial RAC PD Compressor
  • 50-100 kw Commercial RAC PD Compressor
  • 100-200 kw Commercial RAC PD Compressor

Refrigerant

  • R290 Commercial RAC PD Compressor
  • R404A Commercial RAC PD Compressor
  • R410A Commercial RAC PD Compressor
  • R744 Commercial RAC PD Compressor
  • R134A Commercial RAC PD Compressor
  • R407C Commercial RAC PD Compressor

Application

  • Refrigeration Commercial RAC PD Compressor
  • Air Conditioning Commercial RAC PD Compressor

End-use Sector:

  • Supermarkets and Convenience Stores
  • Hotels & Restaurants
  • Office and Institutions
  • Food & Beverages Transport
  • Others

Region:

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

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

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

 

Anti-counterfeit Packaging Market Analysis Based on Manufacturers, Regions, Application and Types 2022 to 2032

The global anti-counterfeit packaging market is slated to top US$ 137.4 Bn in 2022. With a favourable demand outlook, sales are projected to increase at a robust 11.9% CAGR, pushing the market size to US$ 422.8 Bn by 2032.

To maintain the integrity of the original manufactured product throughout the supply chain, brand owners are adopting anti-counterfeiting packaging solutions. Anti-counterfeit packaging can be applied directly to the product, its container, packaging, or labelling.  

It assures that the packaging code applied by the original manufacturer is unchanged and the product is un-tampered. With advancements in technology, manufacturers are integrating innovative solutions with their conventional packaging formats such as product authentication as well as track & trace elements.  

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Applications of anti-counterfeit packaging technology have become imperative in healthcare, personal care & cosmetics, and food & beverage sectors due to increasing sales of these products via online channels.  

Manufacturers need to ensure their authentic products are differentiated from the counterfeit products and therefore, the customers get the desired quality. Furthermore, manufacturers are getting more concerned about integrating security features into the product and packaging.  

Rising investments in the development of sophisticated and effective counterfeit protection solutions are bolstering the anti-counterfeit packaging market. 

Key Takeaways: 

  • By packaging format, bottles & jars segment is estimated to account for 27% of the total market share by the end of 2027.  
  • Based on technology, the mass serialization segment of the anti-counterfeit packaging market is expected to expand at a CAGR of 9.9%, reaching US$ 93.7 Bn by 2032.  
  • Sales of anti-counterfeit packaging in the healthcare sector will surge at a CAGR of 8.6% during the forecast period.  
  • Germany will dominate the Europe anti-counterfeit packaging market, accounting for 24% of the total market share by 2032.  
  • Total demand in India will account for 57% of the South Asia anti-counterfeit packaging market share by 2032.  

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By region, East Asia and South Asia are estimated to hold over 53% of the total anti-counterfeit packaging market share in the year 2032. 

Counterfeit products are a threat to all businesses across the globe, which creates high economic loss and poses a potential threat to consumers. Pharmaceuticals and cosmetic products remain the most targeted end-use industries by counterfeiters. Counterfeit cosmetic products can cause some serious skin ailments, infections, and allergies.  

Multiple stories of such alarming experiences have surfaced on the internet. These fake products have even tested positive for carcinogens such as lead, mercury, arsenic, etc. Manufacturers and brand owners are incorporating anti-counterfeit features into their products to differentiate them from fake ones.  

This includes both overt and covert features, which cannot be copied easily. Moreover, packaging manufacturers are also innovating packaging formats and using technologies such as RFID labels, security seals, barcodes, and holograms to prevent counterfeiting.  

“Increasing adoption of connective technology-based RFID tags in anti-counterfeit packaging, along with stringent trade regulations regarding material handling and product authentication will create opportunities for growth in the market,” says an FMI analyst.   

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Competition Landscape  

  • Avery Dennison Corporation,
  • 3M Company and
  • DuPont

are the top players operating in the anti-counterfeit packaging market. Furthermore,

  • CCL Industries,
  • Zebra Technologies Corporation,
  • SATO Holdings,
  • SICPA Holdings SA and
  • Intelligent Label Solutions

are also some of the key players in the anti-counterfeit packaging market. The Tier 3 players in the market hold 65-75% of the total market share.  

Anti-counterfeit Packaging Market by Category

By Packaging Format:

  • Bottles & Jars
  • Vials & Ampoules
  • Blisters
  • Trays
  • Pouches & Sachets
  • Others (Tubes, Syringes, etc.)

By Technology:

  • RFID
  • Security Inks & Coatings
  • Security Seals
  • Holograms
  • Mass Encryption
  • Barcode
  • Mass Serialization

By End Use:

  • Food and Beverage
  • Healthcare
  • Automotive
  • Personal care & Cosmetics
  • Electrical & Electronics
  • Other Industrial

By Region:

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

About Us:

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

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EGR Coolers Market Major Revenue Gains are Expected by year 2028 | Future Market Insights

In an upcoming market research study, Future Market Insights (FMI) lays bare undercurrents and opportunities prevailing in the global EGR Coolers market. The report provides in-depth insights on the EGR Coolers market through a detailed analysis of key growth drivers, restraints, trends, challenges, and revenue growth based on historical data. Valuable information and forecast statistics covered in the EGR Coolers market report will help existing and potential new market players to craft long-term strategies as well as maintain business continuity during a crisis.

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COVID-19 Impact Analysis

As with many industries, the recent outbreak of the COVID-19 has adversely affected the global automotive & transportation industry. The EGR Coolers market is no exception. Following government’s measures, particularly social distancing norms and shelter-in-place orders, companies active in the EGR Coolers market have put their production on a halt. Additionally, movement restrictions have created a logistical nightmare for market players, while the lack of ‘essential’ status caused a decline in sales.

The FMI’s report covers an exclusive chapter on the initial COVID-19 impact on the EGR Coolers market. This allows both incumbent companies and new entrants to understand the market scenario during a crisis and helps them make sound decision to gain a distinct competitive edge.

Why Choose Future Market Insights

  • Serving domestic and international clients 24/7
  • Prompt and efficient customer service
  • Data collected from reliable primary and secondary sources
  • Highly trained and experienced team of research analysts
  • Seamless delivery of tailor-made market research reports

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EGR Coolers Market: Competition Analysis

The FMI’s study presents an extensive analysis of global, regional, and country-level players operating in the EGR Coolers market based on their innovative launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the EGR Coolers market report.

Some of the market participants in the EGR Coolers market identified across the value chain:

  • NRF
  • POONA SHIMS PRIVATE LIMITED
  • CEC International
  • Yinlun TDI LLC
  • BorgWarner Inc.
  • Ginho Group
  • Denso Corporation
  • Senior Flexonics
  • Delphi Automotive LLP
  • Mahle Group

Global EGR Coolers Market: Segmentation

By Engine Type, EGR Coolers market can be segmented as:

  • Diesel Engine
  • Gasoline Engine

By Material Type, EGR Cooler Market can be segmented as:

  • Steel
  • Alloy Material

By End User, EGR Coolers market can be segmented as:

  • Automotive
  • Two Wheeler
  • Passenger Car
  • Commercial Vehicle
  • Marine

By Sales Channel, EGR Coolers market can be segmented as:

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

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Crucial Questions Answered in the Report

  • Which end-use industry remains the top consumer of EGR Coolers in different regional markets?
  • At what rate has the global EGR Coolers market been expanding during the forecast period?
  • How will the global EGR Coolers market look like by the end of the forecast period?
  • What innovative technologies are the EGR Coolers market players adopting to stay ahead of the pack?
  • What are the restraints affecting the growth of the global EGR Coolers market?

Key Offerings of the Report

  • Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
  • Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
  • Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
  • Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
  • Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the EGR Coolers market

About FMI:

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

Contact:

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 All Reports: https://www.futuremarketinsights.com/reports
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