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The market for environmental testing, inspection, and certification was estimated to be worth US$ 15,648.6 million in 2021 and is anticipated to be worth US$ 17873.8 million in 2022. The overall demand for environmental testing, inspection, and certification is also anticipated to grow at a 6.4% CAGR between 2022 and 2032, reaching a total of roughly US$ 33,237.9 Mn by 2032 as a result of growing environmental concerns around the world.

In order to ensure sustainable growth, more effective waste management initiatives, eco-friendly marketplaces, and eco-friendly fiscal policies are needed on a global scale. Numerous national and international governments are developing regulatory regulations to control pollution of the air, water, and soil while also regulating healthy ecosystems. Over the next ten years, it is anticipated that the market for environmental testing, inspection, and certification will expand at a rapid rate due to the increased rules and standards set by governments.

Similar to how consumer awareness of product quality is growing as a result of the degradation of resources like water and soil, the market for services like environmental testing, inspection, and certification will continue to expand.

Businesses now promote products with official certification labels stating that they are both environmentally friendly and have little impact on the health of end users. Environmental protection, operational error reduction, and environmental effect preservation are all becoming more and more important.

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Due to increased production and manufacturing activity across numerous industries, the demand for machine lubrication and maintenance is growing faster than the supply. Oil testing and inspection help companies avoid suffering significant financial losses by preventing equipment failures.

Due to maintenance and repair services offered globally, testing and inspection services are constantly increasing, particularly in the manufacturing sector.

Approximately 7-9% of the global TCI (Testing, Inspection, and Certification) market is currently occupied by the environment testing, inspection, and certification market.

Key Segments Covered in Environment Testing, Inspection, and Certification Market Analysis

By Product Type :

• Testing
• Inspection
• Certification

By End User:

• Agriculture Industry
• Construction Industry
• Government Institutes and R&D laboratories
• Industrial Product Manufacturers
• Other End Users

By Sample Type:

• Water Testing
• Air Testing
• Soil Testing
• Building Materials
• Waste Testing
• Fuel/Oil Testing

By Test Type:

• Toxins
• Chemicals
• Pathogens
• Physical Properties
• Metal
• Organic Matter
• Nutrients/Elements/Minerals
• Inorganics
• pH Test
• Other Types

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Key Trends Driving the Environment Testing, Inspection, and Certification Market

“Key Rules Adopted by a Number of Government Regulatory Bodies to Promote Market Growth”

By destroying local environments, energy-intensive production techniques are reducing the capacity of natural resources and ultimately causing global climate change. Governments are putting strict regulations on products and their manufacturing processes in order to control the degradation of natural resources like fossil fuels, soil, and air.

Manufacturers and top companies are focusing on adhering to the strict rules and standards set by the government in order to ensure the safe execution of the products. Throughout the forecast period, this will continue to drive up demand for environmental testing, inspection, and certification.

“Increasing Demand for Soil Inspection to Supplement the Market Growth”

Customers now demand high-quality agricultural goods as awareness of sustainable and healthy lifestyles grows. The COVID epidemic has also increased demand for premium, organic agricultural products.

Continuous use of the soil frequently causes a decline in the crops’ quality and other soil properties. Different testing and inspection services are being adopted to address this issue and add specific agrochemicals to soil.

As manufacturing and import-export of goods are growing in several countries, manufacturers are focusing on soil testing and inspection, which is anticipated to boost the market. In 2022, it is predicted that soil testing will hold a share of about 15.3%. Due to the increasing need to guarantee product safety and high quality, service providers have decided to test their products internationally.

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

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The size of the global industrial PC market, which surpassed US$ 5 Bn in 2021, is anticipated to increase at a healthy CAGR of 6% between 2022 and 2032, surpassing a valuation of US$ 9.4 Bn by the end of that year. The global industrial PC market is expanding as a result of the increasing demand for industrial PCs from a variety of industries, including automotive, oil & gas, electronics, and pharmaceuticals.

Industrial PCs are sophisticated computers that are used for a variety of industrial tasks, including controlling entire systems, monitoring crucial conditions like pressure and temperature, operating machinery, and displaying crucial data about manufactured goods. They are now very popular automation tools used in the manufacturing sector. These PCs were created specifically to withstand harsh industrial settings.

Industrial PCs have become extremely popular over time in a wide range of end-use industries because they offer a number of features necessary for industrial operations, such as high performance, long life, and safety. These industrial PCs are strong, economical with energy, dependable, and durable.

A significant factor driving the growth of the industrial PC market is the manufacturing sector’s rapid expansion along with the rising adoption of smart manufacturing solutions. This trend is anticipated to continue throughout the forecast period.

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Industrial PC hardware is being used more frequently in sectors like healthcare and retail to remotely manage assets and processes. The use of these devices increases productivity significantly, minimises human involvement, and eliminates the possibility of human injury.

Similarly, it is anticipated that during the forecast period, opportunities will arise for manufacturers of industrial PCs due to the growing adoption of the industrial internet of things (IIoT) to optimise resources and costs.

Competitive Environment

Leading industrial PC producers like IEI integration Corporation and Advantech Solutions are constantly concentrating on creating cutting-edge products that can successfully meet end-user demands. Additionally, they are implementing growth strategies to gain a competitive edge in the global industrial PC market, including partnerships, acquisitions, new product launches, collaborations, etc. For example,

• Advantech, a top provider of industrial computing platforms, introduced its new TPC industrial panel PCs of the TPC-300 series in November with a focus on IoT and machine automation.
• Onlogic, a leading manufacturer of industrial computer hardware and an IoT service provider, unveiled rigged industrial computers running 12th Gen Intel Alder Lake in January 2020.

Scope oF Report

The most recent study from FMI offers a comprehensive packaged analysis of the industrial PC market worldwide. It offers to persuade insights into the elements that shape the market, such as the forces that promote growth, those that impede it, new opportunities that are opening up, consumer demands, etc.

The reports look for new opportunities for the growth of the industrial PC market using both primary and secondary research methodologies. It provides information on leading industrial PC manufacturers and new market trends for industrial PCs.

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In addition to highlighting how digitalization has affected the size of the global industrial PC market, FMI looks at how rising interest

The Industrial PC Market analysis includes the:

• A 10-year realistic industrial PC sales forecast across multiple end-user verticals
• Comprehensive information on demand forecasting and sales prospects across 25 countries
• Key insights into leading regional pockets and industrial PC types along with their respective shares, growth forecast and market potential.
• Top industrial PC manufacturers in the market, and key competitive factors
• How are top players developing new revenue streams
• Comprehensive analysis of key market governing factors such as growth drivers, restraints, and emerging opportunities
• Insights into emerging industrial PC market trends
• Market Segmentation
• The winning imperatives in the chromatography software market
• Supply chain analysis
• Pricing analysis

About Future Market Insights (FMI)

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

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Future Market Insights, Inc

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The global air audit equipment market is expected to be worth US$ 12,850.8 million by 2032, with a CAGR of 2.8 per cent from 2022 to 2032. The automotive industry is expected to be a significant consumer of air audit equipment during the forecast period, thereby supporting market growth. As of 2022, the market is likely to reach US$ 9,749.9 Million, representing a Y-o-Y incline worth 2.8% from 2021.

Air audit equipment is used by various end-use industries to improve system reliability, reduce unscheduled downtime, increase productivity and reduce energy and repair costs. Air audit will help you identify and define your system problems, whether they are in distribution, supply or demand and recommend solutions, permitting you to meet your return on investment goals. 

The different equipment used in air audits is particle counters, pressure meters, flow meters, differential pressure meters, leak detectors and energy meters. Air audits are executed to form a baseline of energy consumption for a compressed air system. Through data logging and careful review of the compressed air system, these baselines are determined along with an analysis of the utility data. 

Air audit equipment is used by various end-use industries, such as automotive, oil & gas, food & beverages and chemical and petrochemical industries. Among these, audit equipment is highly used by the oil & gas and food & beverages industries. 

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Global Air Audit Equipment Market: Dynamics 

Drivers: 

Air audit equipment reduces the annual spending and overall operation budget, which is expected to be a major factor driving the growth of the air audit equipment market over the forecast period. Moreover, leakage is a significant source of wasted energy. Audit equipment can quickly identify the biggest leaks currently affecting energy consumption. 

This will give traction to the growth of the air audit equipment market shortly. Furthermore, air audit equipment ensures that all the equipment is operating at peak performance, provides safety to the workers and speeds up processes in production by upgrading inefficient equipment. These are the factors which will further drive the air audit equipment market during the forecast period. 

Apart, the different benefits of air audit equipment such as avoiding the purchase of new equipment and identifying silent leaks will also add to the growth of the market. 

Restraint 

Lack of commercialization is expected to be a major factor hampering the growth of the air audit equipment market over the forecast period. Moreover, unfavourable economic conditions and renewable sources of energy also act as a restraining factor to the growth of the air audit equipment market shortly. Furthermore, the slowdown in the demand for equipment will further obstruct the growth of the market. 

Global Air Audit Equipment Market: Participants 

Examples of some of the market participants identified across the value chain of the global air audit equipment market include: 

• Elgi Equipments Ltd 
• Neco Pressure Systems 
• Forbes Marshall 
• SMC Corporation 
• AIRFILTER ENGINEERING 
• Peerless Energy Systems 
• HTE Technologies 
• Air Energy 
• US Equipment 
• SKF 
• Northern Dock Systems Inc. 
• ANGSTROM PTE LTD 
• HTE Technologies 
• MGM Industrial Solutions 

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, applications, and industries. 

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The global oil & gas analytics market is anticipated to garner US$ 50 Billion while expanding at a CAGR of 22.6% during the forecast period. The market is estimated at US$ 5.3 Billion in 2021 and US$ 6.5 Billion in 2022. A paradigm shift toward the search for mature oil fields along with the increasing exploration of unconventional wells will boost industry growth.

Big data allows better asset management, manufacturing, operations, and worker safety. The oil and gas analytics industry has observed a noteworthy shift toward the deployment of hosted services for gathering real-time data at a lower cost and augmenting production efficiency. The Oil & Gas Analytics market is dominated by the cloud segment, accounting for nearly 55% share, owing to increasing demand for reduced cost of operations and soaring demand for resource optimization.

Prominent players are investing significantly in R&D to surge digitalization in their business, which is set to offer optimum exploration and production methods. Consequently, the production of unconventional fuels is expected to augment the global oil & gas analytics market shortly.

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Key Takeaways:

• By deployment type, the hosted segment of the Oil & Gas Analytics segment expanded at a 22% CAGR
• Based on Application, the upstream segment of Oil & Gas Analytics is estimated to record a 23% CAGR
• North America region is likely to account for the majority share of nearly 39% during the forecast period
• Europe region is estimated to gain significant traction in the market for Oil & Gas Analytics, Germany is likely to hold the majority share.

“Augmenting mining activities have compelled the major oil & gas companies to minimize their operational cost and optimize their resources, thereby the adoption rate of cloud-based services for analyzing the bulk data has witnessed a significant rise in recent years.”

Competitive Landscape

Key players in the global Oil & Gas Analytics market include Oracle, Microsoft Corporation, Tableau Software, IBM, Teradata, SAS Institute, Inc., SAP SE, TIBCO Software, Inc., Deloitte, Capgemini, Cognizant, Hitachi Ltd., Accenture, Cisco Systems, Inc., Hewlett Packard Enterprise Development LP., among others.

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Recent key developments among players are:

• In Dec 2021, Deloitte agreed to acquire substantially all of the assets of BIAS, a cloud consulting firm that is a leader in the Oracle Cloud Infrastructure (OCI) market with experienced cloud professionals based in the United States and India. Founded in 2000, BIAS capabilities focus on advising, implementing, and operating services for cloud infrastructure, database, middleware, applications, analytics, and security.
• In March 2021, Tableau, the world’s leading analytics platform, introduced Business Science, a new class of AI-powered analytics that lowers the barrier to data science techniques, enabling business users and analysts to make smarter decisions faster.
• In March 2021, Hitachi, Ltd. announced to acquire GlobalLogic Inc., a leading U.S.-headquartered digital engineering services company. The acquisition is based on the definitive agreement among Hitachi Global Digital Holdings Corporation, a U.S. subsidiary, an SPC established by HGDH for the acquisition, and GlobalLogic Worldwide Holdings, Inc., the parent company of GlobalLogic.

Key Segments Covered in the Oil & Gas Analytics Industry Analysis

Oil & Gas Analytics Market by Deployment Type:

• On-premise Oil & Gas Analytics
• Hosted Oil & Gas Analytics

Oil & Gas Analytics Market by Service:

• Professional Oil & Gas Analytics
• Cloud Oil & Gas Analytics
• Integrated Oil & Gas Analytics

Oil & Gas Analytics Market by Application:

• Upstream
  • Exploration and Drilling
  • Field Surveillance and Monitoring
  • Production Planning and Forecasting
  • Equipment Maintenance Management
  • Asset Performance
  • Workforce Management
• Midstream
  • Pipeline SCADA
  • Fleet
  • Storage Optimization
• Downstream
  • Commodity Trading
  • Demand Forecasting
  • Pricing
  • Refining

Oil & Gas Analytics Market by Region:

• North America Oil & Gas Analytics Market
• Latin America Oil & Gas Analytics Market
• Europe Oil & Gas Analytics Market
• Asia Pacific Oil & Gas Analytics Market
• The Middle East & Africa Oil & Gas Analytics Market

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the Global Oil & Gas Analytics market presenting a historical analysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights based on Deployment Type (On-premise, Hosted) Service (Professional, Cloud, Integration) Application (Upstream, Midstream, Downstream) & Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

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

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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

According to a recently published report by Future Market Insights, the global waste to energy (WTE) market was anticipated at US$ 38 Billion in 2021, and is projected to rise to US$ 40.77 Billion in 2022.  This technology is gaining wide recognition across the globe owing to the advanced growth in waste production along with rising demand for clean energy, thereby, garnering US$ 82.49 Billion in 2032, recording a CAGR of 7.3% from 2022-2032.

Government regulations that are strict in response to escalating greenhouse gas emissions will urge manufacturers of green technology to keep up with innovative technologies that will assist create cleaner energy, which will ultimately fuel market expansion.

Because of continual developments in waste treatment technologies, thermal technologies will command a sizeable market share for the conversion of waste to energy in the upcoming years. Waste is converted into usable heat or steam during thermal treatment, and this heat or steam is then used to turn a turbine and produce power.

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Key Takeaways from the Market Study

• In 2022, the European waste to energy market is expected to be valued at US$ 16.5 Billion
• The waste-to-energy market in the Asia Pacific is presumed to expand at a CAGR of 6%
• North America to experience a noteworthy CAGR of 7.6% during the 2022-2032 assessment period
• Demand for thermal waste to energy technology to remain prominent, comprising 83% revenue in 2022
• Global waste to energy market worth to more than double from 2022 to 2032

 “Significant increases in power generation as a result of rapid urbanization and industrialization, as well as a greater emphasis on generating energy from renewable sources, are expected to be key drivers of the waste-to-energy market,” remarks an FMI analyst.

Competitive Landscape

Key players in the global Waste to Energy market include Veolia, Velocys, Biffa, Sims Limited, Stericycle, Keppel Seghers, Recology, Waste Connections, Xcel Energy, Hitachi Zosen Inova AG, China Everbright Environment Group Limited, JANSEN Combustion and Boiler Technologies, Wheelabrator Technologies, SUEZ, OMNI Conversion Technologies, WM Intellectual Property Holdings, and Covanta Holding Corporation among others. Key developments among players are:

• Fiberight announced in February 2019 that it would open a new advanced recycling facility in Hampden by April 2019. Using pulping and anaerobic digestion, the plant will break down materials and convert them into biofuel using high-tech processes.
• Veolia became the first company in Europe to establish a synthetic e-fuel production unit on February 17, 2022. The manufacturing unit was installed at LIPOR’s Energy Recovery Plant near Porto. Its cutting-edge technology configuration and design are expected to revolutionize the waste-to-energy industry while also decarbonizing the aviation sector.
• In July 2022, Biffa announced that it was selected for supervising the government of Scotland’s Deposit Return Scheme’s (DRS) official logistic provider. The agreement comes after several months of close collaboration between the organizations as they progress towards DRS going live in August 2023 and is expected to create around 500 jobs in Scotland to support the collection, sorting and counting of products within scope of the scheme.

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Key Segments Covered in the Waste to energy (WTE) Industry Survey

Waste to Energy (WTE) Market by Technology:

• Thermal Waste to Energy (WTE) Technology
  • Incineration
  • Pyrolysis & Gasification
• Biological Waste to Energy (WTE) Technology

Waste to Energy (WTE) Market by Region:

• North America Waste to energy (WTE) Market
• Europe Waste to energy (WTE) Market
• Asia Pacific Waste to energy (WTE) Market
• Middle East & Africa Waste to energy (WTE) Market
• South America Waste to energy (WTE) Market

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the waste to energy (WTE) market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of technology (biological and thermal), across five major regions (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

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

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com

The global energy harvesting market is projected to record a CAGR of 7.5% from 2022-2032.

“A number of newly developed and efficient energy applications, broad acceptance of renewable energy sources, and green energy harvesting are likely to play a critical role in the growth of the worldwide energy harvesting Industry.”

Growing applications of the energy harvesting technology and home automation is another key driver to the market growth. The green energy harvesting trend is effectively governing the market, while favourable initiatives by various governments are also boosting the market on a global level. Energy harvesting on a significant scale is used in industrial WSNs, and this trend is projected to continue during the forecast period.

What Restrains the Growth of the Energy Harvesting Market?

“Shift in energy harvesting technology from off grid to smart grid will drive the energy harvesting demand”

Energy harvesting technology is utilized off-grid or on-demand; both of these usage patterns, however, have inherent technological challenges that may limit the market’s demand for energy harvesting equipment. Another deterring factor includes inadequate awareness among consumers about the availability and usage of the energy harvesting systems based on harvested energy.

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Moreover, relatively higher initial costs associated with these devices are expected to curtail the growth of the market globally. The energy harvesting technology generates lower current, which makes it incompatible for the application in all types of energy domains. Shifting to a smart grid paradigm can help the energy harvesting market in the direction of prosperity.

How is the Global Energy Harvesting Market Classified?

“Energy harvesting encompasses a wide range of energy harvesting systems, energy harvesting devices, energy harvesting technologies which are utilized for energy storage in a variety of energy harvesting projects”.

The energy harvesting market based on application is segmented as wireless sensor network (WSN), consumer electronics, industrial, building, bicycle dynamo, military and aerospace, automotive, healthcare, and others (research, animals, and farming).

Among these, consumer electronics, including mobile phones, wrist watches, calculators, and piezoelectric gas lighters, cover the maximum share of the global energy harvesting market, followed by military and aerospace-based applications. However, building and home automation is the fastest growing application segment in the energy harvesting sector.

Energy harvesting is also an integral part in a wireless sensor network (WSN) these days. Building and infrastructure, home automation of lighting, security, and electronics, and WSNs for bridges are among the most popular energy harvesting applications in recent years using multiple devices for energy harvesting.

A current trend in wireless energy harvesting is the use of mmWave (millimeter wave) for 5G cellular networks. Energy harvesting is estimated to find increasing applications in the automobile industry in the near future.

The advent of nano technology has offered ample growth opportunities to the energy harvesting market. Since nanotechnology helps manufacturing of compact-sized devices, the emergence of portable energy devices based on energy harvesting technology is the most likely occurrence in the market.

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Which Region Is Likely to have a Dominant Stance in the Energy Harvesting Market?

“Investment in new energy harvesting technologies and energy harvesting materials along with energy storage devices will be preferred by energy harvesting projects”

The energy harvesting market can also be segmented into North America, Latin America, Asia Pacific, Japan, Western Europe, Eastern Europe, and the Middle East and Africa. America is projected to remain the dominating markets in 2016, with a significant market share.

Europe will be the fastest growing market, owing to burgeoning promotion and investments by The European Commission in R&D of energy harvesting and energy storage devices. North America and Asia Pacific will also account for remarkable market shares by 2020 end.

In North America, the U.S. will dominate, whereas in APAC, Japan will reportedly contribute the largest share to the total energy harvesting market revenues.

Key Questions Answered in the Report

What is the Growth Outlook for the Global Energy Harvesting Market?

The global energy harvesting market is anticipated to register a CAGR of 7.5% from 2022 to 2032.

How much can the Energy Harvesting Market Grow by 2032?

The global energy harvesting market in likely to cross US$ 1 Bn mark by 2032.

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

Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com