Market Research Blog

The global food sorting machine market is expected to reach USD 2,415.4 million by 2023. Over the forecast period, the value is expected to increase at a 4.5% CAGR. The sector is expected to grow from USD 2,507.6 million in 2024 to USD 3,887.6 million by 2034. A multitude of factors contribute to this growth, rendering it a vibrant and promising segment within the food industry.

A primary catalyst fueling the expansion of food sorting machines is the escalating global demand for packaged food products. As lifestyles embrace greater convenience and fast-paced living, consumers increasingly turn to packaged foods for convenient meal solutions. This trend is particularly pronounced in rapidly urbanizing regions across the globe, including prominent markets such as the U.S., the U.K., China, and India, among others. In these regions, the demand for packaged food products is projected to remain robust, providing substantial momentum to the food sorting machines market. Future Market Insights, Inc.’s analysis underscores the sector’s potential for dynamic and sustained growth in the foreseeable future.

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Necessity of Automation Grows Paramount in Food Processing Sector:

In the realm of the food processing industry, automation is no longer a discretionary feature but an imperative. The stringent requisites of unwavering quality and cost management within the food domain have elevated the significance of automation to a critical level. The production of top-tier food commodities mandates the integration of proficient and effective inspection and sorting systems along the operations and production lines.

At a global scale, the spotlight on food quality is intensifying, paralleled by the imposition of rigorous regulatory frameworks governing product quality and operational protocols. Within this landscape, product specifications assume an exceptional significance, representing a dynamic sphere where innovation continually transcends conventional boundaries.

Compounding this intricate scenario is the formidable pressure borne by the food industry, as it endeavors to satiate the demands of an exponentially expanding global population. The amalgamation of these factors underscores the current landscape, necessitating automation as the bedrock of operational excellence within the food processing sector.

Factors Propelling and Constraining the Food Sorting Machines Market:

The dynamics shaping the food sorting machines market are influenced by a confluence of driving forces and limiting factors that warrant attention.

Drivers: The escalating global population, accompanied by the upward trajectory of urbanization, stands as a pivotal driver bolstering the food sorting machines market. This expansion is further buoyed by the increasing awareness surrounding technological advancements. The industrialization wave sweeping through emerging economies, coupled with the rise in per capita income levels, collectively fosters a favorable environment for market growth. These factors synergize to elevate the demand for efficient food sorting solutions.

Restraints: However, the market’s course is not devoid of challenges. Stricter regulations by the Environmental Protection Agency, governing the disposal of food waste, exert a restraining influence on the market’s potential. Additionally, the evolving consumption patterns, coupled with the emergence of smaller households, introduce complexities that potentially dampen the growth trajectory of the food sorting machines market. These multifaceted factors necessitate careful consideration in navigating the market’s landscape.

Key Players Profiled:

• Tomra Systems ASA
• Sesotec GmBH
• Buhler AG
• Key Technology
• BarcoVision
• Stake USA Inc.

Market Segmentation Analysis:

Product Type:

• Channel Sorters
• Freefall Sorters
• Belt Sorters
• ADR Systems

Technology:

• Laser
• Camera
• LED
• X-ray

Region:

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

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global membrane air dryers market is on track for remarkable expansion, with a projected valuation surpassing USD 1,200 million by 2032. This trajectory commences with expected sales exceeding USD 730 million by 2022, laying a solid foundation for extraordinary growth marked by an impressive Compound Annual Growth Rate (CAGR) of 6.5% over the decade spanning from 2022 to 2032.

Distinguished by their cylindrical design, membrane air dryers feature thousands of intricately crafted hollow fibers constructed from advanced polymers. These fibers, uniquely coated on the inside, leverage selective permeation to efficiently separate gas components within the air, forming the core process of dehumidification. This innovative engineering places membrane air dryers as indispensable contributors to the global market, with notable applications in sectors such as automotive and railways driving their significant contributions. This projection underscores the strategic importance and prospective expansion of the membrane air dryers market in the upcoming years, as analyzed by Future Market Insights, Inc.

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The global membrane air dryers market’s growth trajectory is a testament to the transformative power of innovation in industry. The adoption of these advanced systems is not merely a market trend but a testament to the unwavering commitment to safety, efficiency, and performance in critical applications. As automotive and railway industries continue to evolve, the role of membrane air dryers in ensuring safety and reliability is poised to become even more prominent in the years to come.

Factors Propelling and Inhibiting the Membrane Air Dryers Market:

The dynamics influencing the membrane air dryers market encompass a spectrum of driving forces and potential constraints, each playing a distinct role in shaping its course.

Drivers: A paramount driver fostering the demand within the membrane air dryers market pertains to hygiene considerations, particularly pronounced within the food and beverage sector, specifically in segments such as meat and dairy. This emphasis on maintaining stringent hygiene standards propels the adoption of membrane air dryers, contributing significantly to market growth.

Restraints: Conversely, certain challenges exert a restraining influence on the growth trajectory of the global membrane air dryer market. Excessive water content, manifested in either liquid or vapor form within compressed air, emerges as a pivotal issue. This imbalance can trigger an array of operational predicaments, undermining optimal functioning. Furthermore, the specter of corrosion, affecting both piping and equipment, poses a potential hindrance to market expansion. Addressing these challenges is crucial for the seamless progression of the membrane air dryer market. The interplay of these factors illuminates the nuanced landscape of the market, characterized by a dynamic equilibrium between the impetus of drivers and the cautious navigation of restraints.

The associated research report presents a comprehensive and meticulous evaluation of the market, encompassing insightful perspectives, factual data, historical records, and statistically supported as well as industry-validated market insights. These findings are further fortified by projections derived from sound assumptions and methodologies. The research report is instrumental in providing a comprehensive analysis and relevant information, categorized into segments such as market segments, geographical regions, types, technology implementations, and applications. This systematic approach enhances understanding and strategic decision-making for stakeholders in the evolving membrane air dryers market.

Prominent Players in the Membrane Air Dryers Market:

The global membrane air dryers market boasts a roster of influential participants, with key industry players such as Donaldson Company Inc., Sullair, Praker Co., Pentair, Gardner Denver Inc., and Atlas Copco Corp, among several other noteworthy entities. These market participants collectively contribute to shaping the landscape of the membrane air dryers market, each bringing their unique expertise and innovation to the forefront of the industry.

Market Segments Covered:

By Product Type:

• Porous
• Non-Porous

By Application:

• Food & Beverage
• Medical
• Industrial
• Electronics
• Telecommunication
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East and Africa

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

FMI’s forecast indicates a robust trajectory for the global marine cranes market, with an anticipated surge to a valuation exceeding USD 7,945.2 million by 2032, marking a substantial increase from its 2022 figure of USD 3,868.2 million. This remarkable growth is driven by a projected Compound Annual Growth Rate (CAGR) of 7.5% over the forecast period.

Marine cranes, renowned for their versatility and efficiency, play a pivotal role within the maritime and offshore sectors. They excel in a multitude of tasks, from precise material handling to facilitating seamless horizontal movements, equipped with hoist ropes, wire ropes, or chains, alongside sheaves. Their adaptability allows seamless integration into diverse maritime environments, whether on cargo vessels navigating global oceans or offshore platforms engaged in resource extraction.

Beyond their singular functions, marine cranes contribute significantly to operational efficiency and productivity across various sectors, encompassing activities such as cargo handling and supporting intricate offshore operations. This underscores their status as indispensable assets within maritime applications, driving operational excellence and enhancing productivity.

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Marine Cranes Market: Dynamics

Increasing oil field discoveries will fuel the need for equipment such as marine cranes and increasing merchant vessels for transporting cargo and passengers and fishing vessels may support intangible growth for the global marine crane market during the forecast period. Furthermore, robust collaboration among the private and public players are driving the global marine crane market.

Complicated design, need of trained operators and fluctuating raw material price are expected to hamper the global marine crane market during the forecast period. Furthermore, high operational risk, for instance position accuracy, suppression and collision avoidance may also hinder the global marine crane market throughout the forecast period. Moreover, curb in the production of gas and oil industries has significantly impacted the growth of this market.

New product development and technology up-gradations and governmental regimes to deteriorate regional manufacturer is gaining high traction in the global marine crane market during the forecast period.

Marine Cranes Market: Region-wise Outlook

It is expected that the Asia-Pacific is dominating in the global marine crane market owing to the high presence of shipbuilding industry and transportation particularly in South Korea, China & India. Furthermore, the rise in population and rapid urbanization that result of increasing seaborne traffic may hike the demand of the global marine crane market in this region.

Latin America is also gaining significant traction in the global marine crane market during the forecast period, increasing offshore vessels have increased the demand for offshore cranes. It is anticipated that the market performance of Latin America will be also commendable and likely to improve further in the near future.

Marine Cranes Market: Key Participants

• TECHCRANE INTERNATIONAL, LLC.
• Anupam Industries Limited
• PALFINGER AG
• DMW Marine Group, LLC
• HS MARINE S.R.L.
• Kenz Figee Group
• HEILA Cranes S.p.a.
• Fjell Marine Service AS
• Gulf Crane Services
• NINGENMURA COMPANY
• INDUSTRIAGUERRA, S.A.
• Atlas Polar Company Limited
• Favelle Favco Group

Key Segments of the Marine Cranes Market:

By Type:

• Knuckle boom
• Telescopic boom
• Foldable boom
• Stiff boom

By Lifting Capacity:

• 2 tons–500 tons
• 501 tons–15,000 tons
• 15,001 tons–30,000 tons

By Application:

• Oil & gas platforms
• Workboats, research
• Fishing vessels
• Government & military

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The projection by FMI indicates a promising surge in the global power stacker market, with an anticipated compound annual growth rate (CAGR) of 5.5% from 2022 to 2032. The industry is projected to surpass USD 3.3 billion market valuation by 2032.

This forecast underscores the pivotal role that power stackers are poised to assume in the dynamic landscape of material handling and warehousing. Industries and warehouses, propelled by the quest for heightened efficiency and safety standards, are expected to be key drivers of the substantial increase in demand for power stackers. These adaptable lifting machines have firmly entrenched themselves as indispensable assets across diverse sectors, with their popularity projected to sustain an upward trajectory.

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Comprehensive Examination of the Power Stacker Market:

The Power Stacker Market report offers an extensive scrutiny of all participating entities, encompassing their distribution channels, localized networks, innovative initiatives, market reach, production methodologies, and revenue streams. Moreover, the report encapsulates the strategic maneuvers, market tactics, and merger and acquisition ventures undertaken by these stakeholders.

Power stackers serve as essential lifting apparatuses, facilitating secure and seamless elevation and descent of substantial loads. Consequently, the adoption of power stackers is witnessing a pronounced upswing within the industrial and construction domains, aiming to amplify warehouse throughput and streamline inventory operations.

Key Drivers of Power Stacker Market Growth:

1. Rising Adoption of Material Handling Equipment: The global landscape has witnessed a significant surge in the adoption of material handling equipment. This trend is fueled by the enticing attributes of power stackers, including their cost-effective maintenance, seamless material handling capabilities, and heightened efficiency.
2. Sectoral Diversification: Power stackers are projected to experience amplified demand across a spectrum of sectors including retail, food & beverage, and industrial domains. Their compatibility with varied environments and the ability to facilitate efficient material handling accentuate their appeal.
3. Simplicity and Cost-Efficiency: The inherent ease of operation coupled with the absence of mandatory certified operators for power stackers fosters demand, particularly within warehouse and inventory management. The cost-effectiveness of these solutions adds to their allure.
4. Automation Advancements: The ongoing integration of automation across diverse industries such as food & beverage, retail, and industrial sectors fuels the need for advanced material handling equipment. Power stackers align with this trend, contributing to their escalating demand, especially in emerging economies.
5. Regulatory Compliance and Labor Costs: The enforcement of stringent safety regulations by governments, coupled with reduced labor costs in countries like India and China, synergistically act as powerful stimulants for the demand of power stackers in these regions.

Key Players:

Some of the market participants in the global power stacker market are Toyota Industries Corporation, Godrej Material Handling, MAINI Materials Movement Pvt. Ltd., Gloline Equipment Pvt. Ltd., Jungheinrich AG, CROWN, EP Equipment Co. Ltd., CLARK EUROPE GmbH, Jost’s Engineering Company Limited, Presto Lifts, Linde Material Handling GmbH, Vestil Manufacturing Corporation, Reliable Storage System, PROLIFT Handling Ltd.

Power Stacker Market Segmentation:

On the basis of type:

• Pedestrian-operated Power Stacker
• Stackers with Driver Platform
• Stand-In Power Stackers Stacker
• Rider-Seated Power Stackers

On the basis of application:

• Lifting equipment’s
• Placing equipment’s
• Transporting loads
• Shifting equipment’s

On the basis of load capacity:

• Less than 1 tons
• 1 – 1.5 tons
• 5 – 2.0 tons
• More than 2.0 tons

On the basis of lifting height:

• Less than 1.5 meters
• 5 – 3 meters
• 3 – 4.5 meters
• 5 – 6 meters
• More than 6 meters

On the basis of region:

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

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The warehouse robotics market is poised for significant expansion, projected to surge from USD 1,540.57 million in 2024 to a milestone of USD 5,609.75 million by 2034. Over the decade from 2024 to 2034, this sector is expected to experience a notable Compound Annual Growth Rate (CAGR) of 13.8%.

The driving force behind this growth is the escalating demand for consumables and perishable goods, particularly evident in sectors like electronics, automotive, and e-commerce. These industries have witnessed remarkable expansion, leading to an amplified requirement for efficient and timely warehousing solutions. In this evolving landscape, the warehouse robotics market emerges as a pivotal player, enabling advanced goods storage, handling, and delivery processes.

Shifting demographics and widespread internet accessibility have led to an increased demand for goods through online sales channels. This surge in demand has fueled the construction of new e-commerce warehouses on a global scale, presenting numerous opportunities for automation solutions. The industrial robotics sector accounted for approximately 3% to 5% of the global market in 2022.

The industrial robotics market witnessed significant growth in 2021, and this upward trend is expected to persist throughout the projected period. According to the International Federation of Robotics, the annual installation of industrial robots surged from 394,000 units in 2020 to 517,000 units in 2021, indicating a remarkable growth of around 30%.

Within the Asia Pacific region, China, Japan, South Korea, and the Association of Southeast Asian States remain the leading markets for industrial robot sales. With the increasing adoption of robots across various industries, there is a promising potential for robots to play a profitable role in warehouse tasks.

Competitive Landscape: Warehouse Robotics Market

To enhance efficiency, numerous established companies and emerging robot startups are focusing on innovative and cutting-edge warehouse solutions. Well-established players are pursuing strategies involving acquisitions.

These companies are also working on developing new and integrated robotic solutions to meet the evolving needs of end-users. Launching new warehouse projects, especially in developing nations, is a priority for many businesses, driven by the rising demand for third-party logistics.

For Example,

In February 2022, Hai Robotics announced its collaboration with the world’s largest sportswear company, Anta, for a new autonomous warehouse project. Hai Robotics, with its involvement in projects like the Anta collaboration, is gaining recognition as a leading supplier in the industry, particularly in the apparel and footwear market. This success is attributed to its active participation in multiple projects.

Key Players in the industry:

• ABB Ltd.
• Addverb Technologies
• Daifuku
• FANUC Corporation
• Geekplus Technology
• Hikrobot
• IAM Robotics
• InVia Robotics Inc.
• JBT
• KION Group AG, among others

Warehouse Robotics Market Outlook by Category:

By Product Type:

• Autonomous Mobile Robots
• Automated Guided Vehicle
• Articulated Robots
• Cylindrical and SCARA Robots
• Collaborative Robots
• Others

By Function:

• Picking & Placing
• Palletizing & De-Palletizing
• Transportation
• Packing

By Payload Capacity:

• Below 100 Kg
• 100 to 200 Kg
• 200 to 300 Kg
• 300 to 400 Kg
• 400 to 600 Kg
• 600 to 900 Kg
• 900 to 1200 Kg
• Above 1200 Kg

By End-use Industry:

• Food & Beverage
• Electronics & Electrical
• Metal & Machinery
• Automotive
• Pharmaceuticals
• Independent Warehouse
  • Cold Storage
  • Dry Storage
• E-commerce
• Chemical, Rubber and Plastics
• Others

By Region:

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

Access Report Details for More In-Depth Information:

Author:

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

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

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

About Future Market Insights (FMI)

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

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

Contact Us:        

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

The low voltage motor market is poised for significant expansion, with projections from FMI indicating a notable Compound Annual Growth Rate (CAGR) of 6.7%, aiming for a substantial market value of USD 75 billion by 2032.

These energy-efficient advancements, surpassing conventional motors by 2% to 8% in efficiency, not only promise substantial cost savings but also play a pivotal role in mitigating the carbon footprint of industrial operations. Meticulously engineered to adhere to the efficiency criteria outlined by the National Electric Manufacturers Association (NEMA), low-voltage motors exemplify an unwavering dedication to excellence. By consistently delivering output while minimizing power consumption, these motors emerge as indispensable components in the pursuit of sustainable and economically viable industrial practices.

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During the projected period, the worldwide low voltage market is expected to develop at a single-digit CAGR, with great potential in the next 4-5 years. To improve their production process, most manufacturers are increasingly focused on advanced technology and high-quality low-voltage motors, which has resulted in an increase in demand for advanced low-voltage motors.

Global Low Voltage Motor Market: Drivers & Restraints

With the rise in technological advancement, increasing demand for machinery across the world, and advantages offered by low voltage motors due to their efficient nature, the global low voltage motor market is anticipated to show robust growth during the forecast period. The growing consumption of low voltage motors by end-user industries will continue to drive the growth in the low voltage market over the forecast period.

In addition, stringent motor efficiency legislation and retrofits due to aging equipment are expected to impact the global low voltage motor market in a positive way.

Global Low Voltage Motor Market: Regional Outlook

Depending on geographic regions, the global low voltage motor market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2014, Asia Pacific dominated the global low voltage motor market owing to the growing consumption of low voltage motors by the automotive and electronics industry, in this region.

In addition, China is the largest country market for low voltage motors in the Asia Pacific and is poised to show strong opportunities for low voltage motors in near future. After Asia Pacific North America is projected to show vigorous growth in the global low voltage motor market, especially due to the increasing demand for low voltage motors in countries like the US and Canada, during the forecast period.

Global Low Voltage Motor Market: Key Players

Some of the major players operating in the global low voltage motor market are ABB, TECO-Westinghouse Motor Company, Siemens, Hyosung Power and Industrial Systems Performance Group, Anhui Wannan Electric Machine, ATB Group, Leroy Somer, LEZ Ruselprom, Luan JiangHuai, NIDEC, Regal Beloit, Shandong Huali Electric Motor Group, GE Industrial, Toshiba International, WEG, VEM Group, etc.

The report covers an exhaustive analysis on:

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

Global Low Voltage Motor Market: Market Segmentation

Product Type:

• IE1 Low-Voltage Motors
• IE2 Low-Voltage Motors
• IE3 Low-Voltage Motors
• IE4 Low-Voltage Motors

End-User Industries:

• Low Voltage Motors for Food & Beverages
• Low Voltage Motors for Mining
• Low Voltage Motors for Automotive
• Low Voltage Motors for Electronics
• Low Voltage Motors for Textile
• Low Voltage Motors for Other End User Industries

Region:

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

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global marine base steering gear market, valued at approximately USD 1.6 billion in 2020, is set for sustained expansion. Projections indicate a Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032, propelled by the robust growth of the global maritime sector. The historical significance of marine base steering gears, with roots dating back to antiquity, highlights their indispensable role in a ship’s machinery ensemble.

These sophisticated apparatuses occupy a unique niche within the maritime sector, serving as crucial components in vessel navigation across open waters. Seamlessly integrating with rudder systems, marine base steering gears facilitate precise directional adjustments, enabling seamless port and starboard maneuvers during the navigational journeys of ships. This positive trajectory reflects the resilient development of the maritime industry, driven by a convergence of factors contributing to its expansion.

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Marine base steering gears operate within defined rules and standards that dictate their fundamental capabilities – allowing ships to turn or steer by up to 35 degrees to either starboard or port side, establishing a critical range of motion. Additionally, these systems incorporate redundant major control systems and power units, ensuring seamless substitution in case of failures, further backed by emergency power supply from auxiliary units connected to emergency generators.

Among the available variants, the ram type marine base steering gear stands out as the most prevalent choice, albeit with higher construction and design costs. In this design, rudder movement is managed by hydraulic pumps. Conversely, the rotary vane type steering gear relies on a distinct mechanism; within a fixed housing, two vanes rotate, forming four chambers that facilitate the steering process.

Marine Base Steering Gear Market: Key Drivers

The rotary vane mechanism within marine base steering gear emerges as a widely preferred choice, attributed to its capacity to deliver minimal vibration and noise levels, alongside consistent torque output across all rudder angles. Notably, the rotary vane system also presents heightened adaptability, being optimized to match specific rudder configurations. These attributes collectively form the bedrock for the projected growth of the global marine base steering gear market throughout the envisaged period.

Furthermore, the escalating demand for marine base steering gear tailored to large and medium-sized vessels, coupled with the availability of diverse 2, 3, or 4 vane alternatives, is poised to amplify the market’s momentum in the forthcoming years. Key factors such as its streamlined dimensions, impressive power-to-weight ratio, simplified maintenance protocols, and the integration of rudder carriers are all set to underpin the expansion of the global marine base steering gear market across the projected timeline.

Stringent regulatory frameworks, particularly within military contexts, mandating the design of steering gear to mitigate vibration, shock, and noise disturbances, are anticipated to wield substantial influence in propelling the global marine base steering gear market forward. Additionally, the robust and uncomplicated construction inherent to actuator-based marine base steering gear systems offers redundancy and reliability, thereby constituting another driving force for the market’s growth trajectory in the foreseeable future.

Market Participants:

• Data Hidrolik
• Brusselle Carral Marine
• Jastram Engineering Ltd.
• Wills Ridley Ltd
• REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o.
• Rolls-Royce plc
• KATSA OY
• Nufoss Services Pte Ltd.
• Palmarine

Key Segments Profiled:

By Gear Type:

• Ram Type
• Rotary Vane Type

By Power Source:

• Hydraulic
• Electro-hydraulic

By Region:

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

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global wedge wire screen market is on a robust upward trajectory, having achieved a valuation of USD 0.71 billion in 2022. Positioned as a leader in meeting the dynamic needs of various industries, this market is poised for further growth. With a projected Compound Annual Growth Rate (CAGR) of 4% from 2022 to 2032, the wedge wire screen market is anticipated to surpass a significant valuation of USD 1.05 billion by 2032.

Wedge wire screens play a crucial role across diverse industries, serving as essential components for the separation and filtration of liquids, gases, food products, water, and mining materials. Constructed from twisted wires configured into a bottomless wedge-shaped section, these screens form vital sieves with applications spanning various industries. The adaptability of wedge wire screens is exemplified by the assembly of different wedge wires into panels, creating a matrix of intersecting wires with precise diameters, thus adeptly meeting the diverse needs of industries. This forecast underscores the market’s capacity to adapt to evolving demands and underscores its pivotal role in enhancing industrial processes worldwide.

Browse Full Report Here

Versatile Applications of Wedge Wire Screens in Separation and Filtration:

Wedge wire screens, renowned for their multifaceted utility, find paramount application in the segregation and filtration processes across diverse sectors. This adaptable solution plays a crucial role in the separation and filtration of liquid/gas substances, food products, wastewater, and mining materials. The screens, ingeniously constructed from intricately twisted wires, adopt the distinctive form of a bottomless wedge. Panels are meticulously crafted by amalgamating various wedge wires, intricately forming crossroads of varying diameters across loops.

The structural integrity of these screens is bolstered through careful compression and securing, achieved by the strategic installation of ring nuts over the rod ends. A hallmark of their versatility lies in their remarkable capacity to effectively isolate solids from liquids, fostering applications encompassing sizing, filtration, media retention, de-watering, as well as distribution and collection functions. The sophisticated interplay between innovative design and functional efficacy positions wedge wire screens as indispensable assets across industries reliant on meticulous separation and precise filtration processes.

Wedge Wire Screen Market Dynamics: Driving Factors

The trajectory of the wedge wire screen market is intricately shaped by an array of compelling dynamics, prominently influenced by the demand emanating from pivotal end-user sectors. Key industries such as petrochemicals, food processing, and water treatment are poised to significantly fuel the requisites for wedge wire screens throughout the projected period.

The inherent versatility of wedge wire screens extends beyond their filtration capabilities, finding a distinctive niche in the realm of drilling boreholes. Their adaptability to manage diverse pressure levels while facilitating the seamless flow of liquids solidifies their efficacy as an ideal tool for borehole applications. Notably, the screen’s unique construct caters to varied industry prerequisites for panel screens, establishing an agile response to distinctive demands.

This collective amalgamation of factors, emanating from the surge in demand across critical sectors and the screens’ adeptness in diverse applications, is poised to drive substantial demand for wedge wire screens throughout the forecast period.

Key Companies Profiled in Report:

• AMACS
• Ando Screen
• ANDRITZ Euroslot
• Aqseptence Group
• Atlas Wedge Wire
• B. Deo-Volente
• Carbis Filtration
• Concord Screen
• Costacurta S.p.A.
• CP Screens
• Gap Technology
• HEIN
• LEHMANN
• Hendrick Screen Company
• International Screen Supplies
• Jagtap Engineering
• Multotec
• Optima International
• Progress Eco, Steinhaus GmbH
• TOYO SCREEN KOGYO CO
• Trislot NV and Wedge Tech.
• Others

Market Segments Covered:

By Type:

• Baskets wedge wire screens
• Flat wedge wire screens
• Sieve Bend Screen wedge wire screens
• Cylinder wedge wire screens

By Application:

• Food & Beverages wedge wire screen
• Chemical and Petroleum
• Water Treatment
• Pulp and Paper
• Mining and Mineral
• Others

By Region:

• North America Wedge Wire Screen Market
• Europe Wedge Wire Screen Market
• Asia-Pacific Wedge Wire Screen Market
• The Middle East & Africa Wedge Wire Screen Market
• Latin America Wedge Wire Screen Market

Author:

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

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

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

About Future Market Insights (FMI)

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

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
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube