Market Research Blog – Page 8182 – New Product Development

Market Growth For Prefabricated Buildings To Grow At A Value CAGR Of 6.1%-FMI

The Market Growth For Prefabricated Buildings is expected to grow at a healthy CAGR of more than 6.1 percent between 2022 and 2032, reaching more than US$ 18.5 billion by 2032. The fast expansion of the building and construction industries around the world has contributed to growth.

Significant intrinsic properties of skeleton prefabricated building system and increasing demand for the new houses has been driving the product’s growth during the forecast period.

High strength coupled with low weight and volume are the vital features supporting the increasing sales of skeleton prefabricated building system. Economically viable and cost-effectiveness are other features that is expected to stimulate the growth of skeleton prefabricated building system in the near future.

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Asia-Pacific to Offer High Growth Potential to Prefabricated Building System Market

Asia-Pacific prefabricated building system market is likely to witness significant growth during the forecast period on account of rapidly increasing demand from residential sector of India, China and Japan. Heavy investments in infrastructure development by India and China is anticipated to significantly drive the growth of Asia-Pacific prefabricated building system market.

Growing inclination towards remote workforce accommodation administration structures and safe portable storage solutions is likely to open new valves for growth of prefabricated building system market. Key players are planning to explore the usage of new and innovative materials coupled with fabrication technologies, turning out prefabricated building system easier and lighter to assemble, however high on strength quotient.

Prefabricated systems or structures are frames, modular structures, or assembly of parts and components which are used in construction industry. Types of pre-fabricated systems include skeleton systems, panel systems, cellular systems, and combined systems. Skeleton systems include structural elements such as columns, beams, and roofing elements.

Panel systems include wall or flexible partition elements, cellular systems include three dimensional structures, whereas combined systems include combination of aforementioned system types. These systems are designed based on load bearing requirements and applications such as residential, commercial, or industrial. Various types of materials used for manufacturing of these systems include wooden panels, metal panels, composites, plastics, glass, and other reinforced plastics.

Global Prefabricated Building System Market: Drivers & Restraints

Some of the underlying drivers for the industry are identified as rising number of corporate offices or special economic zones, urbanization trend, rapid industrialization, developing infrastructure prospects in Asian region, and increasing real estate investments across the globe. The growth of prefabricated building system market is expected to be in-line with development of real estate and housing sector across the globe with high growth potential expected to come from Asia-Pacific and GCC region.

Global Prefabricated Building System Market: Key Players

Major players over the global prefabricated building system market include Algeco Scotsman, Modern Prefab Systems Pvt. Ltd., Ritz-Craft Corporation, Inc., Lindal Cedar Homes, Inc., and Champion Home Builders, Inc.

Global Prefabricated Building System Market: Overview

Advancements in super elastic, actuator and other industrial applications are likely to drive the demand for shape memory alloys. Shape memory alloys are sub set of high performance alloys or advanced materials. Advancements in technologies and widening scope of applications set firm platform for new alloys to exhibit healthy double digit growth in the market.

The research report presents a comprehensive assessment of the market and contains thoughtful 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, types and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Global Prefabricated Building System Market: Segmentation

On the basis of dimensions, the global prefabricated building system market is segmented as,

Skeleton system
Panel System
Cellular System
Combined System

On the basis of application,the global prefabricated building system market is segmented into:

Residential
Commercial
Industrial

On the basis of weight,the global prefabricated building system market is segmented into:

Light Weight (less than 2 tons)
Heavy Weight (more than 2 tons)

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Between 2022 And 2032, The Market For Water Desalination Equipment Will Reach US$25 Billion.

By 2022, it is anticipated that the market for water desalination equipment will have grown to a value of over US$ 13 billion. During the forecast period, a CAGR of 9% is anticipated. The market is anticipated to reach US$ 25 billion by 2032 as a result of the world’s increasing lack of potable water resources.

Brackish water, seawater, or any other type of water can be purified using water desalination equipment, a type of industrial device. Desalination technology makes it possible to separate salts and minerals from a variety of water sources, including industrial feed, wastewater, wells, and others, and then transform those waters into freshwater or potable water. As a result, the machinery is frequently used in many different industries, such as oil and gas, mining, agriculture, chemicals, and public settings.

The demand for water desalination equipment is expected to increase due to the expanding population and their rising water needs. Desalination machine sales have increased due to the disruption of the water cycle caused by climatic changes, which is also causing a shortage of water.

Additionally, due to the increasing use of water in various end-use industries as a result of rapid industrialization, there is an increased need for desalination facilities and equipment in a variety of industries.

Droughts and a lack of freshwater resources are driving up the demand for water treatment, particularly desalination, in arid areas.

The removal of toxic metals, such as boron and mercury, during the desalination process to create potable water was described in a study led by Berkeley Lab and the University of California, Berkeley, and published in the journal Science. The new method aids in the recovery of priceless metals like gold. This kind of research is intended to raise awareness of the water desalination technology available today.

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latest trends Boosting Water Desalination Equipment Market Growth

Reverse osmosis technology is becoming more widely known for efficiently treating all types of water feed, which is likely to increase demand for desalination equipment in developing nations like Saudi Arabia, China, and India.

As a result, it is anticipated that in the years to come, the use of water desalination equipment will increase due to the global population growth’s impact on groundwater reserves.

The management of operations, process control, parameter monitoring, and risk detection through the use of digital technology in desalination plants is likely to support the market expansion. Additionally, it will increase freshwater yield and decrease brine output.

In addition, the deployment of water purification and desalination technologies is mandated by the prevalence of strict government regulations on the release of effluent water from growing manufacturing facilities.

The World Health Organization (WHO) estimates that each year diarrhea-related deaths will total close to 829 000 due to poor sanitation, hand hygiene, and unsafe drinking water. To support the market’s expansion, the government is focusing on establishing water treatment facilities in the municipal sector.

The Middle East and Africa Meet the Needs of the Expanding Water Desalination Equipment Market

Due to the rising demand for potable water from nations like the UAE, Israel, and Saudi Arabia, the Middle East and Africa are expected to dominate the market.

There will be a huge demand for water desalination equipment due to the expanding construction industry and utility activities in Saudi Arabia, Qatar, Kuwait, the United Arab Emirates, and Qatar.

Desalination technology sales in the area are also anticipated to rise as a result of expanding industrial and municipal markets in the energy, chemical, pharmaceutical, and oil & gas sectors.

Algeria and the Gulf Cooperation Council (GCC) both have a growing understanding of desalination, which will expand the market’s opportunities for making money.

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Key Segments Profiled in the Water Desalination Equipment Industry Survey

Application:

Municipal
Industrial
Others (hospitality, etc.)

Technologies:

Reverse Osmosis
Nanofiltration
Multi-Stage Flash
Electrodialysis
Vapour Compression
Multi-Effect Distillation
Others

Region:

North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
The Middle East & Africa

Market Competition

Doosan Heavy Industries and Co., General Electric, Acciona SA, Genesis Water Technologies, Degremont Sas, Koch Membrane Systems, IDE Technologies, Biwater, Hyflux Ltd., and Cadagua are a few of the major companies that compete in the global market for water desalination equipment.

The market consists of local and international companies that develop, produce, and sell water desalination machinery. A competitive market environment is anticipated to result from the increase in players. In addition, it is predicted that a number of companies, including General Electric, Doosan Heavy Industries and Co, and Hyflux Ltd, will hold a sizable portion of the market.

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Automotive Display Units Market Demand, Scope and Future Estimation until 2029 – FMI

The rising global demand for passenger vehicles is expected to drive the automotive display units market during the forecast period. With safety being the number one priority among drivers, the global automotive display units market is expected to grow at an 8.3% CAGR between 2022 and 2029.

The automotive display units market is expected to be worth US$ 15,607.8 million in 2022. By 2029, the automotive display units market is expected to be worth US$ 27,329.0 Mn.

East Asia to continue to be a key market during the forecast period due to increased innovation and development in autonomous vehicles. The automotive display units market in the region is expected to grow at a CAGR of 9.2%.

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On-Road Automotive Fleet is Aggressively Growing:

The rapid proliferation of the on-road automotive fleet is one of the major factors determining demand for automotive display units. Automotive displays are a differentiating factor in modern vehicle interiors and the paramount interface for driver-vehicle interaction. Changing consumer demands and the introduction of new technologies are critical factors in the market’s expansion.

Display Unit Personalization

Customization of display units to OEM specifications is another important factor in display unit sales. These are some of the major drivers of increased demand for automotive display units during the forecast period.

With a resolution and screen size that can be customised based on OEM requirements, as well as communication functions and Bluetooth connectivity, the unit combines a wide range of information in a single device that is designed to drive the market.

Perspectives for the Region

Manufacturers of automotive display units in the United States are embracing new technologies by advancing display solutions to improve vehicle safety. Manufacturers in the United States aim to provide a comprehensive range of display units that improve driver safety and convenience.

Manufacturers in the United States are focusing on providing superior, high-resolution, and immersive displays. They intend to provide next-generation vehicle interiors with higher-resolution displays in larger sizes than current displays. Growing sales of luxury cars and premium SUVs are also important factors driving the growth of automotive display units in the United States market.

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Key Takeaways:

The automotive display units market in East Asia is expected to grow at a 9.2% CAGR.
During the forecast period, the US automotive display units market is expected to grow at a 7.3% CAGR.
The German market is expected to have a 7.2% value CAGR in the Europe automotive display units market during the forecast period (2029).
China automotive display units market throughout the forecast period with the Value CAGR of 10.4%.
During the forecast period, the full digital segment in product type is expected to generate an absolute dollar opportunity of more than US$ 7,044.0 Million.
During the forecast period, the mid-size vehicle type is expected to generate an absolute dollar opportunity of more than US$ 3,904.0 Million.

Competitive Landscape:

The prominent competitors in the automotive display units market are concentrating on collaborations and acquisitions to increase their market share and expand geographically. They also intend to conduct development and research for innovative products in order to expand their product portfolio and customer base.

Robert Bosch GmbH, Continental AG, Panasonic Corporation (Japan), Continental AG, LG Display Co. Ltd., Magna International Inc., Delphi, Automotive PLC, Valeo SA, and Kyocera Corporation are a few of the significant players in the automotive display units market.

Automotive Display Units Market

By Product Type:

Full Digital
Navigation Display
HUD
Digital Side Mirror
Digital Rear View Mirror
Rear Seat Display
Rear Seat Control

By Vehicle Type:

Compact Car
Mid-Size Car
SUV
Luxury Car
LCV
HCV

By Display Size:

<1- Inch
1.x Inch
2.x Inch
3.x Inch
4.x Inch
5.x Inch
6.x Inch
7.x Inch
8.x Inch
9.x Inch
10.x Inch
11.x Inch
>12.x Inch

By Touch Type:

With touch
Without touch

By View Type:

By Technology Type:

TFTLCD
PMOLED
PMLCD
AMOLED

By Screen Format:

Standard
Wide

By Sales Channel:

OEM
Aftermarket

By Resolution:

Pixel formats
Pixel numbers

By Region:

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

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Recent Development:

Date	Company	Strategy	Details
January 2019	Panasonic Corporation	Collaboration	Panasonic Corporation announced in January 2019 that it has formed a joint venture with Toyota Motors to manufacture automotive prismatic batteries.
2019	Bosch Company	Product Launch	The Bosch Company introduced advanced solutions to the new Nikola Two Truck in 2019. The Nikola trucks include Bosch innovations such as the mirror cam system, perfectly keyless operation, and servo twin steering.
2019	LG Display	Announcement	LG Display announced in 2019 that it sold 100 million Automotive Display Units in the first quarter of fiscal year 2019.
2018	Magna International	Acquisition	Magna International acquired VIZA Geca SL in 2018 to bring seat-structure expertise and a product portfolio that included patented floor-latch systems and foldable seats.

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Between 2022 And 2032, It Is Anticipated That The Market For Pipes Will Grow At A 4.6% CAGR

Over the forecast period of 2022-2032, the global pipes market is expected to grow at a CAGR of 4.6% to reach a valuation of US$ 225.5 Bn by the end of 2032. The pipe has applications in drain-waste-vent (DWV), sewers, water mains, water service lines, irrigation, conduit, and various industrial installations.

Significant demand for pipes in various industries and infrastructural development occurring in emerging economies are projected to drive the demand for pipes in the global market. The use of plumbing pipes in residential applications is mainly for the transportation of potable water and wastewater.

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Rising Application of Metal Pipes in Commerical Sector to Push the Sales by 5,553 Mn by 2032

Commercial buildings such as hospitals, schools, office buildings, and retail stores often have specialized piping systems for different types of fluids. Industrial plants also have their own specific piping needs depending on the type of manufacturing process taking place.

Rising population is indirectly shaping the infrastructure across the globe. New and ongoing construction requires piping system, which in turn is expected to boost the demand for pipes over the coming years.

The market is witnessing growth due to the increasing demand for new build extensions and project investment in developing countries. The commercial segment is expected to hold the largest share and poised to expand at the highest CAGR during the forecast period.

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Key Takeaways from Market Study

By material type, the metal segment is expected to grow at a CAGR of 5.8% during the forecast period.
By diameter, the metal segment is anticipated to dominate the market of pipes and is further expected to account for about 72.4% of the market share.
By end-use, the commercial segment is projected create an absolute dollar opportunity worth US$ 32.67 Bn in between the forecast period.
In terms of region, pipes sales in Europe are estimated to exhibit a CAGR of 4.7% over the forecast period (2022-2032).

“Increasing residential and commercial infrastructure development coupled with growing construction activities, particularly in developing economies such as India and China will create remunerative growth opportunities for pipes manufacturers.” says a Future Market Insights analyst.

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Global Pipes Market Competitive Landscape

Among the industry’s key players are Orbia Advance Corp, ASTRAL POLYTECHNIK Ltd., Geberit AG, Finolex Industries Ltd., Formosa Plastic Corporation, Nan Ya Plastics Corp., Advanced Drainage Systems Incorporated, Polypipe Group Plc, AGRU Kunststofftechnik Gesellschaft M.B.H, FRANK GmbH, Contech Engineered Solutions LLC, Wienerberger AG, Mexichem SAB de CV and others

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The research report analyses the market demand trend for the global pipes between 2022 and 2032. Comprehensive analysis is provided in global pipes market report based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the global pipes market report is studied and analyzed in the following segments such as by material type, diameter, end use & regions. The global pipes market report gives us qualitative and quantitative information about the companies.

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

Magnetic Separator Market: The global magnetic separator market is estimated to reach US$ 1.3 Bn in 2022. Driven by this, the market valuation is set to reach US$ 1.7 Bn in 2029.

Water Treatment System Market: Water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period

Facility Management Services Market: Facility management services market is expected to increase at a CAGR of 12.6% during the forecast period, from US$ 42.2 billion in 2021 to US$ 76.3 billion in 2026

Test and Measurement Equipment Market: The global test and measurement equipment market is predicted to witness a moderate CAGR of 5.6% during the forecast period of 2022 to 2032.

Testing, Inspection, and Certification Market: The testing, inspection and certification market is anticipated to register a CAGR of 1.8% during the forecast period.

Industrial PC Market : During the assessment period, the global Industrial PC Market is expected to register a robust CAGR of 6%, from US$ 5 Bn in 2021 to US$ 9.4 Bn in 2032

Industrial Cybersecurity Market : The industrial cybersecurity market is anticipated to record a CAGR of 7.7% during the forecast period (2022 – 2032)

Gaskets and Seals Market: The global gaskets and seals market is anticipated to hold a market value of USD 102 Bn by 2026, while recording a CAGR of 5.4% during the assessment period.

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Advanced Server Energy Monitoring Tools Market Major Revenue Gain is Predicted by 2027

Advanced Server Energy Monitoring Tools are computer-aided tools used by operators of electric utility grids to monitor, control, and optimize the is a system of computer-aided tools used by operators of electric utility grids to monitor, control, and optimize the performance of the generation or transmission system.

Advanced Server Energy Monitoring Tools Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. It also provides market information in terms of development and its capacities

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Some of the Top companies Influencing in this Market includes:

HP, IBM, Sun Microsystems, Alstom, ABB, OSI, Siemens, Cisco System, Dell.

Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Advanced Server Energy Monitoring Tools market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market.

Global Advanced Server Energy Monitoring Tools Market Segmentation:

Market Segmentation: By Type

UNIX Based Systems
Linux Based Systems
Windows-Based Systems

Market Segmentation: By Application

APPLICATION

Global Advanced Server Energy Monitoring Tools Market research report offers:

Market definition of the global Advanced Server Energy Monitoring Tools market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
Extensive research on the competitive landscape of global Advanced Server Energy Monitoring Tools
Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
A comprehensive list of key market players operating in the global Advanced Server Energy Monitoring Tools market.
Analysis of the different market segments such as type, size, applications, and end-users.
It offers a descriptive analysis of demand-supply chaining in the global Advanced Server Energy Monitoring Tools market.
Statistical analysis of some significant economics facts
Figures, charts, graphs, pictures to describe the market clearly.

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Key questions answered in the report include:

What will be the market size and the growth rate by the end of the forecast period?
What are the key Advanced Server Energy Monitoring Tools Market trends impacting the growth of the market?
What are the potential growth opportunities and threats faced by the leading competitors in the market?
What are the key outcomes of Porter’s five forces analysis and the SWOT analysis of the key players functioning in the global Advanced Server Energy Monitoring Tools Market?
This report gives all the information regarding industry Overview, analysis and revenue of this market.
What are the market opportunities and threats faced by the vendors in the global Advanced Server Energy Monitoring Tools market?

The report covers exhaustive analysis on

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

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Railway Fishplate Market Key Opportunity, Analysis, Growth, Trends 2028 – FMI

The global market for railway fishplate (US) or rail joint (UK), is anticipated to witness noteworthy growth in 2022, and reach a market value of around US$ 4,000 million, while registering a Y-o-Y growth rate of over 3%. Additionally, the global demand for railway fishplate is also expected to be influenced by the new rail lines installation across the globe. A new study by Future Market Insights (FMI) suggests that easy installation and cost effectiveness of railway fishplates than the conventional CRW method will remain the key growth influencers sustaining the revenues of railway fishplate market.

The global railway fishplate market is estimated to be worth around US$ 4.83 Bn in 2022. With increasing investments in the railway infrastructure across the world, the overall market is projected to expand at a moderate CAGR of 3.4% between 2022 and 2029, reaching a valuation of US$ 5.89 Bn by 2028.

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Increasing maintenance activities regarding passenger safety is estimated to be the key factor driving the growth of the global railway fishplate market during the forecast period. According to FMI’s analysis, high-speed rail is an emerging trend in rail transport, and creates the requirement of insulated rail joints, expected to witness significant growth in the coming years.

On the basis of rail joint type, the insulated rail joints segment is foreseen to experience substantial growth. However, the common rail joints segment is anticipated to account for a dominating volume share in the global railway fishplate market. The insulated rail joints segment is expected to witness a growth of more than 4 percent during the forecast period, mostly driven by high speed rails and railway signalling systems. Based on the rail type, owing to increasing passenger and freight density, the heavy rails segment is expected to be a prominent segment in the railway fishplate market, accounting for more than 50% of the market share.

Developed Regional Markets Retain Lead, Rail Maintenance Projects Push Developing Markets

The railway fishplate markets in Europe and North America are expected to experience constant growth, since there are very less ongoing rail installation projects. Countries such as China, India, and Russia, are at the forefront in the railway industry, However, North America and Europe is expected to be prominent regions in terms of railway fishplate sales. Furthermore, China, along with India, is ascertained to witness substantial growth, owing to high railway network density and upcoming railway projects. In Latin America and the Middle East & Africa is expected to witness steady demand for railway fishplates.

In the recent past, the emerging economies of China and India have been growing at relatively higher rates as compared to other countries such as Brazil, Germany, and the US. This, in turn, is expected to create logistic requirements. Periodic maintenance of rail tracks is required, which is expected to surge the railway fishplate aftermarket. Importantly, in the coming years, the need for efficient and high-strength railway fishplates is expected to boost the demand for composite materials. These are some of the key factors fuelling the demand outlook for railway fishplate.

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Railway Fishplate Market by Category

By Rail Joint Type :

Common Rail Joint
Compromise Rail Joint
Insulated Rail Joint
Joggled Fish Plate

By Rail Type :

Heavy Rail
Light Rail

By Region :

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

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Key Vendor Insights – Railway Fishplate Market

Within the global railway fishplate market, players need to focus on changing requirement of demand side such as high strength and stiffness material and coping with trend of high speed rails. Railway fishplate market is expected to cater the majority of aftermarket front whereas OEM opportunity totally depends on the new upcoming railroad projects.

The report covers strategic profiles of some of the key manufacturers involved in the railway fishplate market, including Koppers Holdings, Inc., L.B. foster company, Unipart Rail Limited, Royal Infraconstru Limited, Taicang Zhongbo Railway Fastening Co. Ltd., Henry Williams Limited, N. Mohanlal Railtrack Pvt. Ltd., Linzhou Changda Railway Materials Co. Ltd., Anyang General International Co., Ltd. (AGICO), Bhaskar Industrial Developments Ltd, Monteferro of America, Jekay International Track Pvt Ltd, Surya Alloy Industries Ltd., Techma Engineering Enterprises Pvt. Ltd., Taicang Zhongbo Railway Fastening Co., Ltd., and Suthang Industrial Corporation, among others.

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Amid The Rising Construction Of Smart Cities, The Construction Anchors Market Is Expected To Grow By USD 19.5 Million By 2032

Over the forecast period of 2022-2032, the construction anchors market is expected to grow at a CAGR of 6.0% to reach a valuation of US$ 19.5 Bn by the end of 2032. The use of construction anchors is on the rise as engineers search for lightweight, corrosion-resistant methods of supporting engineered slopes and retaining walls.

The audience seating at outdoor venues also benefits from the use of anchors, as they provide a safe and secure way to keep people in their seats during an event. Anchors can also be used to fasten large objects in places, such as sculptures or signs.

The market is witnessing growth due to the increasing demand for new build extensions and project investment in developing countries. The building construction segment is expected to hold the largest share of the global construction anchors market over the forecast period.

“Increasing residential construction activities in the development of smart cities, along with growing demand for construction anchors made from sustainable materials will augment the growth in the market over the forecast period,” says an FMI analyst.

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Key Takeaways:

By Application, retail sales are expected to grow at a CAGR of 6.2% during the forecast period.
By product type, the metal segment is anticipated to dominate the market of construction anchors and is further expected to account for about 36.6% of the market share.
By sales channel, the retail segment is projected to lead the construction anchors market and is further anticipated to create an absolute dollar opportunity worth US$ 2,033.5 Mn in between the forecast period.
In terms of region, construction anchor sales in Europe are estimated to exhibit a CAGR of 6.3%.

Construction Anchors Market Competitive Landscape

Manufacturers are strategically collaborating with technology partners for long supply relations and to instigate a central control unit for different ADAS technologies.

Summary

The research report analyses the market demand trend for the construction anchors. The global market is based on COVID-19 impact, macroeconomic factors, market trends & market

Among the industry’s key players are Stanley Black & Decker, Inc, Hilti Corporation, Simpson Manufacturing Co., Inc, EJOT Holding GmbH & Co. KG, Misumi Corporation, Ancon Limited, Fosroc Chemicals (India) Private Limited, Unika Co. Ltd, UNIQUE FASTENERS P. LTD , Yuyao City Xintai Hardware Co. Ltd, FIXDEX Fastening Technology, EMC Fasteners and Tools, Ningbo Londex Industrial Co. Ltd, HASM Co. Ltd and others.

background. As per Future Market Insights’ research scope, the construction anchors market report is studied and analyzed in the following segments such as by product type, application, sales channel & regions. The construction anchors market report gives us qualitative and quantitative information about the companies.

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Key Segments Covered in Construction Anchors Industry Analysis

Construction Anchors Market by Product Type:

Metal
- Wedge anchors
- Undercut anchors
- Concrete screws
- Drop-In Anchors
- Sleeve and Nail Anchors
- Cast-In Anchors
Chemical
- Injectable adhesive anchors
- Capsule adhesive anchors
Light Duty Anchors
- (Nylon) Plugs
- Drywall Plugs
- Drywall Screws
- Insulation Anchors
- Metal Screws

Construction Anchors Market by Application:

Building Construction
Civil Engineering
Construction Installation
DIY

Construction Anchors Market by Sales Channel:

Direct Sales
Distributor Sales
Retail Sales
Home Centers
Online Sales

Construction Anchors Market by Region:

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

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Factors Driving The Growth Of The Digital Pump Market Include: FMI

According to a recent study done by FMI, the Digital Pump Market is expected to reach US$ 20.5 Billion by 2032, up from US$ 11.3 Billion in 2022, expanding at a high CAGR of 6.1%. This study explains that factors such as the strict energy-efficiency standards, growing technological advancements, development of smart cities, growing demand for building automation and increasing power generation capacity globally are expected to fuel the market growth during the forecast period.

The major factor that is expected to propel the growth of the digital pump market during the forecast period includes the rising demand for these pumps, owing to their offerings such as fluid flow control features. Moreover, government economic stimulus packages as well as tax credits that are targeting infrastructure projects, including water & wastewater and energy efficiency projects, are also expected to widen the scope of the digital pumps market.

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In addition, these pumps save energy and cost and have applications in building, water treatment plants, boiler control systems, and automation. This is another major factor accelerating the market growth. Some other factors including strict energy-efficiency standards in a developed nations, growth in Industrial Internet of Things (IIoT) and economic benefits of intelligent systems, focus on smart water & wastewater systems, increasing power generation capacities across the globe, and significant investments in non-oil & gas sectors in the Middle East and North Africa (MENA) are the expected to further augment the growth of the digital pump market over the analysis period.

Key Takeaways from the Market Study

Global Digital Pump Market was valued at US$ 11.3 Billion by 2022-end
The US to account for the highest value share of US$ 5.5 Bn of global market demand for Digital Pump Market in 2032
From 2015 to 2021, Digital Pump demand expanded at a CAGR of 6.7%
By connectivity, the conventional pump controller constitutes the bulk of digital pump market with a CAGR of 4.9%.

“Digital pumps save energy and cost and have applications in building, water treatment plants, boiler control systems, and automation, which is an essential factor propelling the market growth,” remarks an FMI analyst.

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Competitive Landscape

Players in the global Digital Pump Market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market. Some of the recent developments among the key players are:

In August 2021, Regal Beloit Corporation, one of the global leaders in the manufacturing and engineering of power transmission solutions, declared the recent addition of its new Century VGreen Evo pool pump motor to its product portfolio. Operated by advanced variable speed technology, the VGreen Evo pump motor is one of the most energy-efficient pool pump motors available in the market.
In March 2020, Framo and Aker BP declared a smart pump maintenance contract for seawater lift pumps based on Norwegian Continental Shelf. With an extension of six years, the six-year-long contract is a continuation of a pilot contract initiated by pump supplier Framo, production company Aker BP, and industrial AI Software as a Service (SaaS) in 2018.

Know More About What the Digital Pump Market Repost Covers

Future Market Insights offers an unbiased analysis of the global Digital Pump Market, providing historical data for 2015-2021 and forecast statistics from 2022-2032. To understand opportunities in the Digital Pump Market, the market is segmented on the basis of connectivity, distribution channel, and industry across five major regions.

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Automotive Remote Diagnostics Market Share and Growth Factors Impact Analysis 2028 – FMI

According to a new study of Future Market Insights (FMI), the automotive remote diagnostics market is projected to record a CAGR of nearly 18% through 2028. Growth of the automotive remote diagnostics market will continue to remain bolstered by a plethora of factors, which range from increasing focus of automakers on reducing maintenance cost & downtime and growing integration of IoT, to the emergence of connected car eco-systems in vehicles.

Automotive remote diagnostics market are slated to top US$ 11.6 Bn in 2022. Expanding at an impressive 18.9% CAGR, the market size is projected to total US$ 32.9 Bn by 2028.

Automotive remote diagnostic solutions have gained pervasive popularity among automakers and vehicle owners alike, in light of the value-added advantages of the technology. Reduced maintenance and service downtime, along with the identification of the bottlenecks beforehand, and enabler of on-point, efficient solutions, are some of the key benefits of the automotive remote diagnostics that are driving their demand.

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Additionally, attributes of the automotive remote diagnostics, beneficial for vehicle owners, in terms of identifying potential downturns, defects, and shortcomings of the vehicle in advance, and reducing the total time and cost spent during maintenance, are further expected to drive growth of the automotive remote diagnostics market.

The upward trend of vehicle electrification has had a massive and direct influence on growth of the automotive remote diagnostics. Additionally, recent rise in the connected-car ecosystem, along with the proliferation if IoT and connected devices in the automotive industry, will continue to favor growth of the automotive remote diagnostics market in the foreseeable future.

Automotive Remote Diagnostics Equipment to Account for Leading Market Shares

While equipment and software both form integral parts of an automotive remote diagnostics, the study finds that equipment will continue to account for leading shares of the market, owing to associated periodical replacement and maintenance activities. On the other hand, software are installed in the equipment as first fit, and are renewed on the basis of subscriptions. This further alludes high-growth potential of software solutions in the automotive remote diagnostics market.

Automotive remote diagnostics market will continue to witness robust gains from the light commercial vehicles, compared to other vehicle categories. As the logistics and transportation sector gains increased traction, vis-à-vis growth of the ecommerce and warehousing industry, light commercial vehicles are expected to record relatively greater sales compared to their past statistics. This will create significant opportunities for players in the automotive remote diagnostics market.

Automotive remote diagnostics are expected to witness high demand in vehicle system & component access, and health tracking & diagnosis applications. These application requirements are comparatively higher in commercial vehicles, and with the rise in construction and infrastructure development activities, demand for the commercial vehicles, and in turn the automotive remote diagnostics will also rev up in the near future.

Europe to Remain Most Attractive Market for Automotive Remote Diagnostics

The study finds that Europe will continue to be the most lucrative market for automotive remote diagnostics, trailed by North America. The economic vigor and robust infrastructure development activities in the region allude at significant sales of commercial vehicles, along with passenger cars, which in turn continue to drive demand for advanced solutions such as the automotive remote diagnostics. According to the study, East Asia will also remain an attractive market for automotive remote diagnostics, with sales projected to grow at a CAGR of over 20% through 2028.

The automotive remote diagnostics market continues to remain consolidated, with leading players accounting for bulk shares of the market. Additionally, the complexity and extensive R&D investments required to provide a total solution continue to present significant entry barriers to new market entrants, which further underpins the supremacy of leading players in the automotive remote diagnostics market.

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AUTOMOTIVE REMOTE DIAGNOSTIC MARKET TAXONOMY

The global automotive remote diagnostics market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach in front of the reader.

By Product Type

Equipment
Software

By Vehicle Type

Passenger Cars
Compact
Mid-Sized
Luxury
SUVS
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)

By Application

Vehicle System & Component Access
Vehicle Health Tracking & Diagnosis
Service Assistance

By Region

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

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Key players operating in the automotive remote diagnostics market include Robert Bosch GmbH, Tech Mahindra Limited, Continental AG, OnStar LLC, Vector Informatik GmbH, Transics, Verizon, ACTIA Group, Softing AG, Magneti Marelli S.p.A., IBM, and Harman International, among others.

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Intra-Abdominal Pressure Measurement Devices Market Size & Share | Industry Trends Analysis Report by 2032

The intra-abdominal pressure measurement devices market share is anticipated to reach a worth of US$ 89.4 million in 2022 and continue to grow at a CAGR of 12.8% from 2022 to 2032, reaching an estimated total of US$ 298.04 million by 2032.

The report predicts adoption of intra-abdominal hypertension (IAH) to witness steady adoption in developing countries. Currently, bulk of the demand for these devices is concentrated in America and Europe. Asia Pacific, Latin America, and GCC are among the regions where demand for intra-abdominal pressure measurement devices will grow steadily during the forecast period.

According to Future Market Insights, collaboration between intra-abdominal pressure measurement device manufacturers and catheters for measuring IAP in ICUs is growing. Further, owing to better sensitivity and accuracy of these devices, many physicians are preferring clinical examination of IAH over physical detection.

Use of intra-abdominal pressure measurement devices in abdominal procedures was estimated at 1,472,000 in 2016. Future Market Insights estimates it to reach 7,246,000 by 2026.

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North America continued to be the leader in the number of abdominal pressure measurement procedures in 2016. Of the 1,472,000 procedures carried out in 2016, North America accounted for 647,000. It is pertinent to mention that Canada’s share of abdominal procedures was negligible, accounting for only 44,000 procedures in 2016. The U.S. continues to remain the country where a majority of abdominal pressure measurement procedures were conducted in 2016. Western Europe was the second highest region, with 275,000 procedures, whereas Asia Pacific excluding Japan (APEJ) was at third position.

By product type, Future Market Insights offers analysis and forecast on disposables and equipment. According to the study, disposables segment accounted for higher revenue share of the overall market in 2016. Future Market Insights estimates this trend to continue during the forecast period 2016-2026.

By application type, Future Market Insights has segmented the market into intra-compartment pressure and intra-abdominal hypertension. Demand for intra-abdominal pressure measurement devices was higher for intra-abdominal hypertension. This segment was valued at US$ 32.5 Mn in 2016.

By end-user, hospitals accounted for the highest demand for intra-abdominal pressure measurement devices in 2016. Trauma centres, clinics, and ambulatory surgical centres were the key application segments.

Leading intra-abdominal pressure measurement device manufacturers include C. R. Bard, Inc., Stryker Corporation, Holtech Medical, ConvaTec Group PLC, and Biometrix Ltd. According to the report, C. R. Bard, Inc. accounted for nearly 30% revenue share of the global intra-abdominal pressure measurement devices market. Stryker Corporation and Holtech Medical were the other key players by market share.

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Market Taxonomy

Procedure Type: