Urea Strippers Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

As per FMI, the global urea stripper market is anticipated to grow at a steady pace throughout the assessment period 2020-2030. The market is majorly driven by its widespread use as a fertilizer and steadily growing non-fertilizer applications. At present, the growth is impacted owing to COVID-19, however, FMI foresees retrieval primarily owing to the growing agricultural sector amid the assessment period.

Increase in investment in fertilizer owing to stabilization of raw material costs is favoring market expansion. Simultaneously, players are seeking for options that would help them add towards the safeguard of the environment.” says an FMI analyst.

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Urea Strippers Market – Key Highlights

  • Asia Pacific at present accounts for dominance due to rising demand and production in strong markets such as China and India.
  • Duplex steel is anticipated to bolster market estimation in terms of material of construction.
  • Upto 1000 MTPD is projected to lead among other capacity segment over the forecast period.
  • Chemical process industry will foresee a growing demand for urea strippers owing to their application in several sectors such as automotive and agriculture products.

Urea Strippers Market – Drivers

  • Extensive use of urea strippers in the fertilizer sector along with other commercial sectors will complement market grow in value.
  • Urea strippers are extensively utilized in recycling processes, catalyzing the market growth.
  • Provisions of urea strippers to hold steady in severe conditions limits its maintenance needs, ascertain better durability, thus boosting market growth.

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Urea Strippers Market – Restraints

  • Emission of unsafe pollutants along with retardation of soil natural fertility when urea is utilized as a fertilizer, are adversely impacting the market growth.
  • Events of leakage in urea strippers are presenting challenges and hindering the market growth.

COVID-19 Impact on the Market

The COVID-19 outbreak has unsettled industries all over the globe, comprising the urea strippers market. There has been a decline in sales owing to lockdown imposition in several countries. This has prompted increasing acceptance of digital marketing strategies to extend the market and boost sales. The market is projected to bounce back to its pre-crisis level and soon continue on a stable upward trajectory.

Competitive Landscape

Market players are increasingly engaging in acquisitions and collaboration to expand their customer base. Some of the key players in the u market are Larson & Toubro, Stamicarbon, Saipem S.p.A., TOYO India, Urea Casale, NIIK, ALFA LAVAL, FLOWTRONIX, Thyssenkrupp, Kay Iron Works (Jorian) Private Limited, Isgec Heavy Engineering Ltd, Sandvik AB, FEECO International, Inc, Paramount Limited and MANGIAROTTI spa.

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Domestic Booster Pumps Market 2022 New Technological Development Projecting Massive Growth till 2030

In a new market study, Future Market Insights (FMI) opines global Domestic Booster Pumps Market to surpass US$ 4.63 Bn by 2030, growing at 7.1% CAGR through 2030.

The report attributes the growth of the market to rising awareness among consumers regarding the availability of energy-efficient technologies. Furthermore, the expansion of the e-commerce industry is widening the sales channel for domestic booster pumps.

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Rapid urbanization in emerging economies and the consequential increase in the number of residences is also propelling demand for booster pumps designed for domestic and residential purposes.

Having studied the impact of the COVID-19 pandemic, the report opines that the demand for residential pumps is expected to experience a downtrend during the pandemic, as the focus of both manufacturers and consumers shifts towards essential and emergency utilities.

Key Takeaways

  • The 50-150 W segment will capture nearly 1/3rd of global value as pumps with a power rating in this range are ideal for medium-sized buildings.
  • By water pressure, 1 bar segment is expected to account for over 2/5th of market value by the end of the forecast period.
  • Domestic booster pumps find the majority of applications in gardening sprinklers and pipes, capturing around 2/5th of total market value.
  • The offline sales segment will continue to channel the majority of revenue, while the online sales segment is poised to grow at an impressive rate.
  • East Asia, led by China, is poised to hold the lion’s share in global market value, backed by the presence of a flourishing residential construction sector.
  • North America and Europe will cumulatively account for a prominent market share, owing to the presence of major market players.

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COVID-19 Impact
The COVID-19 outbreak is posing challenges to the market on both the supply and demand fronts. Owing to the pandemic-related consequences such as government restrictions on travel, social distancing norms, and disruption of the supply chain, the production of domestic booster pumps has taken a severe hit.

Similarly, the pandemic has adversely affected the residential construction activities, causing complete shutdown across several nations, and this is likely to impede the demand for systems designed for the residential sector, including home and domestic booster pumps market.

Who is Winning?
Domestic booster pumps manufacturers are directing their efforts towards the research and development activities to produce booster pumps with innovative features. On these lines, plug-and-play booster pumps have emerged as a lucrative design and an increasing number of players are jumping on to the bandwagon to develop energy-efficient designs.

Moreover, organic growth strategies such as acquisitions and partnerships will continue to shape the competitive landscape of the domestic booster pumps market through the assessment period. A few key developments in recent times on these lines include:

  • In 2019, Franklin Electric Co., Inc. acquired 70% of the outstanding stock of Pluga Pumps and Motors Private Limited.
  • In the same year, Grundfos Holding A/S entered a partnership with Siemens AG to focus on global water challenges and save energy with a focus on water and wastewater applications.

FMI’s report includes profiles of some of the most prominent names in the market including Grundfos, Xylem Inc., KSB SE & Co. KGaA, Flowserve Corporation, Sulzer Ltd., WILO SE, Gorman Rupp Pump Company, Torishima Pump Mfg. Co., Ltd., LEO Group, CAT Pumps, Zoeller Company, Luckpump Machinery Co., Ltd, CAT Pumps, Zoeller Company, Luckpump Machinery Co., Ltd, Mazzoni SRL, Vossche Pump Group, among others.

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Power Generator for Military Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032

The global power generator for military market was valued at US$ 1,011.5 Mn in 2019. The market is forecast to rise at a CAGR of 3.4% between 2020 and 2030. Uninterrupted and reliable sources of power supply are vital for successful military operations. Power generators have application across diverse segments within the military industry. Against this backdrop, Future Market Insights (FMI) foresees lucrative prospects for power generator producers within the military market.

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Power generators are used for various tactical operations within military agencies. On account of changing landscape, the inclination towards compact and lightweight designs is higher. These generators are touted as advanced equipment that offers robust output at low cost. Driven by the demand for improved fuel efficiency, sales of compact generators are expected to pick up in the coming years.

According to FMI, the demand for advanced and fuel-efficient generators will speed up in the coming years. Increasing budget allocation towards strengthening the defence sector will subsequently aid the expansion of the market.

FMI’s report on the power generator for military market highlights the specific needs of the defence and military sector. It identifies hidden growth opportunities for the market players, besides cautioning them against potential threats.

Some of the key takeaways from the report are:

  • Market players are likely to witness attractive growth opportunities as military agencies focus on establishing integrated power systems. This will invariably fuel the demand for generators.
  • Hybrid generators are likely to comprise an exceptionally lucrative product category. Ensuring environment safety is high on the agenda of military agencies. They are keen on investing in fuel-efficient technologies that will also offer significant cost reduction.
  • Backed by increasing military spending, North America is forecast to emerge as a dominant market for power generators
  • While diesel will remain preferred fuel type, tightening environmental laws will boost growth prospects for natural gases as potential sources of fuel
  • Demand power generators will remain significantly high in field hospitals and field camps and accommodations

The COVID-19 Impact

The COVID-19 outbreak has sent shockwaves across the globe. Experts even presume it to be the worst crisis the world has witnessed in recent past. The crisis was unprecedented, resultantly it crippled the manufacturing sector of some of the major economic powerhouses.

By the time the global economy recovers from the jolt, manufacturing is expected to be among the worst-hit sectors. The incredible slump in investment, subsequently revenue generated within the industry paints a gory picture.

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The power sector too is no stranger to the crisis. It is reeling under payment delays and deficits. Government owned distribution companies are particularly hampered. Nationwide lockdowns have posed unique and devastating challenges. Liquidity crunch is threatening several companies within the industry.

Growing Demand for Distributed Power

Experts project that a grand transformation is underway. The wave of decentralizing energy, which has swept across the world, is revolutionizing the way power is generated and consumed.

Resultantly, some key government organizations, including military agencies, are swaying away from centralized energy systems to integrated power solutions such as microgrids.

The military sector is keen on suitable provision for secure energy to cater to their growing needs in a way that will also help them mitigate adverse effects on environment. A failure in meeting this requirement will pose immense threat to functioning of various defense operations.

Installing power generators is therefore a favored method for improving environmental, economy, and energy-security performance within the sector.

Diverse Military Applications Favoring Growth

The demand for distributed energy is surging in the military sector. Its application in tactical military communication, fields, camps, and bases, field hospitals, and command systems is surging at a steady pace – a trend which is unlikely to slow down in the coming years. Power generators are therefore considered extremely crucial for hindrance-free operation within the sector.

Also with rising troops deployment overseas, coupled with the need for various modern warfare equipment, will make power generators indispensable for the industry.

Governments across prominent countries have taken a note of this. Resultantly, their military expenditure has increased considerably. Strengthening their defense systems is their foremost priority and to achieve this they are likely to invest in robust power military power generation equipment in the coming years.

Who is winning?

Leading companies operating in the power generator market have an impressive global presence backed a strong distribution and sales network. Because the market is fairly consolidated, Tier 1 companies are expected to account for the lion’s share.

Market players will primarily focus on expanding their global footprint and product portfolio. Considering this, besides mergers and acquisitions, product launches will remain highly preferred strategic moves among competitors.

FMI profiles some of the leading companies operating in the global market. These include Cummins Inc., Caterpillar Inc., Rolls-Royce Holdings plc, HIMOINSA, Harrington Generators International, Teknel srl, GRUPEL S.A., VÝVOJ Martin, HITZINGER GmbH, Fischer Panda GmbH, Ascot Industrial S.r.l., GREEN POWER SYSTEMS S.r.l., Kohler Co., Kirloskar Oil Engines Ltd., and Ausonia S.r.l.

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Water Treatment System Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance

Depleting water quality due to increased water pollution has resulted into the adoption of water and wastewater treatment technologies in various industries in China. These are some of the factors accelerating the demand for water treatment system in China which is estimated to reach a value of US$ 23,940.0 Mn by the end of the forecast period.

By 2030, the market for water treatment devices is anticipated to expand at a CAGR of 6.8%. For instance, non-sales water remediation, water accounting, the internet of things (IoT), which enables excellent water management, and intelligent irrigation are all made possible by remote sensing of water. When combined with new computing power, it enables market players to design intricate water management strategies.

The market for water treatment systems is primarily driven by an increase in water treatment system innovation to produce as little wastewater for the industrial sector as possible. Producing more with fewer resources is crucial as the world’s population is projected to reach 9.7 billion people by 2050.

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Security and scarcity, software operations, water efficiency, tracking and remediation, and data analytics all depend heavily on technology and innovation. Companies and utilities are reportedly becoming more interested in testing and implementing future-proof technology, according to market participants.

Key Takeaways of Water Treatment System Market Study

  • Worldwide adoption of water treatment systems to surge at 6.8% CAGR over 2022-2030
  • Preliminary treatment systems to procure leading revenue share, tantamount to 40%
  • Application in process water/water treatment to remain prominent through 2030
  • Industrial sector to attract substantial investments from stakeholders
  • East Asia to emerge as epicenter of value-capture opportunities in coming years

Water treatment systems have been considered a reliable and essential aspect of societies and a key contribution to public health during the global pandemic. Utilities’ initial response to the pandemic by optimizing disinfection doses has been the key step in the protection and avoidance of both utility workers and the receiving water ecosystem and minimizes the potential contagion of the coronavirus. Several companies are stepping up existing water treatment facilities in hard-hit areas that possibly contract COVID-19 infection from places including, community clinics, hospitals, and nursing homes.

“Preserving and reusing wastewater has not been among key priorities for businesses, or individuals. That being said, rising ecological consciousness and increasing regulatory pressure to lower the consumption of natural resources are influencing several industrial businesses to look for innovative ways to use – and reuse – water,” says analyst at FMI.

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Water Treatment System Market by Category

By System Type, the Water Treatment System Market is segmented as:

  • Water Treatment
    • Membrane Bio- Reactor (MBR)
    • Reverse Osmosis (RO)
    • Micro- Filtration (MF)
    • Nano/Ultra Filtration (NF/UF)
    • Disinfectants (UV, Ozone)
  • Sludge Treatment
    • Activated Sludge
    • Sludge Thickening & Dewatering
    • Sludge Drying

By Application, the Water Treatment System Market is segmented as:

  • Process Water/Water Treatment
  • Waste Water Treatment
  • Zero Liquid Discharge
  • Desalination

By End Use, the Water Treatment System Market is segmented as:

  • Residential Buildings
  • Commercial Buildings
  • Municipality
  • Industrial
    • Chemical & Petrochemicals
    • Oil & Gas
    • Mining & metals
    • Food & Beverage
    • Pharmaceuticals
    • Semiconductors
    • Thermoelectric Power Plants
    • Pulp & Paper
    • Sugar Mills
    • Textiles
    • Leather

By Region, the Water Treatment System Market is segmented as:

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

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Image Based Barcode Reader Market Global Industry Overview and Competitive Landscape till 2030

These insights are according to a new study on the image-based barcode reader market by ESOMAR-certified research and consulting firm Future Market Insights. Increasing penetration of Industry 4.0 has spurred the deployment of advanced technologies such as cyber-physical systems, cloud, robotics, artificial intelligence (AI), big data, and autonomous techniques across the manufacturing industry. This is helping manufacturing firms to ensure uninterrupted operations and curb the pressure on workers.

Furthermore, the adoption of industry four.0 has motivated manufacturing companies to increasingly flip to asset tracking and monitoring technologies to correctly music and screen asset locations and their status. Photographs primarily based on barcode readers are the core gadgets for such sports.

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With the excessive penetration of extraordinarily state-of-the-art clever phones, QR codes and bar codes are getting used as the following step for app-based totally retail answers. Currently, businesses are voraciously absorbing the would possibly of photo-based barcodes because it serves as a lead magnet via competitive advertising campaigns.

Key Takeaways of Image-Based Barcode Reader

  • Players to launch proprietary QR code scanner and reader apps that are compatible with Android and iOS
  • Market in East Asia to witness meteoric growth, majorly represented by China
  • The retail and commercial industry to remain the key revenue generator, capturing over 30% of market value
  • Future QR codes are expected to reduce error margins ranging between 7-30%

Rapid Advances in Sensor Technology to Augur Well for Market Growth

A high-powered integrated torch (HPIT) image creation system, driven by high-speed liquid lens technology and time-of-flight (ToF) distance measurement, is making a measurable impact by allowing dynamic autofocus at frames per second (FPS). The most recent image-based barcode readers come with HPIT feature for use cases including, high-rate tunnel sortation and warehouse handling in situations where product dimensions and packages can differ considerably, demanding the camera to swiftly adjust to various focal ranges.

The HPIT light offers superior illumination ability for fixed-position image-based barcode readers. HPIT is perfect for hard-to-read barcodes, presentation scanning, and use cases that confront the challenge of shifts in working distances. The solution leverages high-rate autofocus technology, distance sensors to deliver top-quality 1D and 2D code image creation, and 16 programmable LED lights

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Key Segment

Imaging Type

  • 1D Image/ Code Scanning
  • 2D Image/ Code Scanning

Product Type

  • Portable/Handheld Scanners
  • Rugged Scanners
  • PDA Scanners
  • Smart Phones
  • Automatic Readers
  • Cordless Scanners
  • Fixed-position Scanners
  • Stationary Scanners
  • Presentation Scanners

End Use

  • Retail and Commercial
  • Manufacturing
  • Automotive
  • F&B
  • Semiconductors
  • General Manufacturing
  • Others
  • Health Care
  • Logistics & Warehouse
  • Commercial Aviation
  • Defense
  • Others

Technology

  • S mounted lens
  • C mounted lens
  • Autofocus / Liquid based lens

Connectivity

  • USB
  • Bluetooth
  • Wi-Fi
  • PoE (Power over Ethernet)

Sales Channel

  • Online
  • Offline

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Submersible Pump Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

Future Market Insights (FMI), Dubai: As per an exhaustive analysis by FMI, the global submersible pumps market is poised to total US$ 14.45 Bn by 2031 in comparison to the US$ 8.42 Bn registered in 2020. Increasing demand for submersible pumps from construction, mining, and oil & gas industries is favoring the growth in the market. Driven by this, the market is expected to expand at a CAGR of 5.2% during the forecast period between 2021 and 2031.

Water stress has emerged as one of the leading concerns across the world due to rapid urbanization and industrialization. Thus rising emphasis on wastewater treatment and demand for new water sources, such as ground water reservoirs, to fulfill the domestic and industrial water needs is fueling the demand in the market. In response to this, the sales of submersible pumps are anticipated to register a year-over-year growth of 4.6% in 2021.

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Governments of emerging economies are increasingly adopting efforts to improve access to drinking water in rural and urban areas. According to the Department of Drinking water & Sanitation, the Indian Government has launched an initiative, “Jal Jeevan Mission” to enhance water accessibility across the country. Such initiatives are estimated to provide lucrative opportunities for the expansion of the market.

Based on product type, borewell submersible pumps outrank other pumps, accounting for nearly 55.3% of the total sales in the market in 2021. Increasing application in gardening, firefighting systems, and domestic water supply owing to its vertical as well as horizontal installation is driving the growth in the segment.

“Increasing exploration of shale reserves and implementation of stringent wastewater treatment norms to support recovery across the mining and oil & gas industries are expected to augment the growth in the market,” says a FMI analyst.

Key Takeaways from Submersible Pumps Market Study

  • The market in the U.S. is estimated to witness the fastest growth in North America, expanding at a CAGR of 3.2% during the forecast period.
  • Germany is expected to emerge as a highly remunerative market in Europe, creating an absolute dollar opportunity of US$ 175.6 Mn through 2031.
  • China is anticipated to account for the largest share in the East Asia market, exhibiting sales growth at a CAGR of 6.1% between 2021 and 2031.
  • India is forecast to hold a considerable revenue share in South Asia, accounting for 1/3rd of the sales in the region by 2031.
  • In terms of head type, the above 100m segment is projected to dominate the market, accounting for nearly 71.3% of the demand share in 2021.

Key Drivers

  • High degree of water stress and increasing focus on catering to the water requirement of the domestic and industrial sectors across QatarIsraelLibya, and Saudi Arabia are propelling the demand for submersible pumps across the Middle East and Africa.
  • Increasing demand for effective water pumping and distribution solutions for industrial and domestic use along with growing government investment in wastewater treatment is spurring the sales of submersible pumps across the municipal segment.

Key Restraints

  • High troubleshooting and re-installation cost along with the increasing incidence of motor failure are hampering the sales of submersible pumps.
  • Implementation of stringent regulations concerning the depletion of groundwater reservoirs is restraining the growth of borewell submersible pumps.

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Competitive Landscape

The top five players operating in the global submersible pumps market are Grundfos, Ebara Corporation, Xylem Inc., KSB SE & Co. KGaA, The Weir Group Plc. These companies are anticipated to account for more than 31% of the overall sales in 2021.

Leading players are emphasizing on launching novel products to expand their product portfolio. Some of the key players are aiming at strategic collaboration, merger, partnership, and acquisition to strengthen their footprint. For instance,

  • In May 2021, Atlas Copco, a Swedish multinational industrial company, announced acquisition of operating assets of a U.S.-based company, Medigas Service & Testing Co. Inc. The acquisition will assist the company to expand its production line across medical and laboratory gas equipment and systems.
  • In May 2021, the KSB Group, a leading producers of pumps, valves and related systems, announced launched the next generation time-tested submersible grey water pumps named the AmaDrainer 3 type series. The product launch will assist the company to expand its portfolio and consumer base.

Some of the key players operating in the market profiled by FMI are:

  • Kubota Corporation
  • Wacker Neuson Group
  • Atlas Copco AB
  • KSB SE & Co. KGaA
  • Xylem Inc.
  • Ebara Corporation
  • Grundfos
  • Sulzer AG
  • The Weir Group PLC
  • Tsurumi Manufacturing Co., Ltd.
  • Kriloskar Brothers Ltd.
  • Flowserve Corporation
  • WILO SE
  • PSG (Dover Corporation)
  • Gorman-Rupp Company
  • Ruhrpumpen Group
  • Shimge Pump Industry Group Co., Ltd.
  • Zhejiang DOYIN Technology Co. Ltd
  • Shakti Pumps (India) Ltd.
  • Speak Pumpen Walter Speck GmbH & Co. KG
  • Pleuger Industries

More Valuable Insights on Submersible Pumps Market

A new report published by FMI offers a detailed analysis of the global submersible pumps market, uncovering vital dynamics accelerating the market growth through 2021 and beyond. The survey also forecast sales projections for submersible pumps market with detailed segmentation:

By Product Type:

  • Non Clog Submersible
  • Open Well Submersible
  • Bore Well Submersible

By Head Type:

  • Below 50 meter
  • 50 m– 100 m
  • Above 100 m

By Application:

  • Agriculture
  • Industrial

o  Oil & Gas

o  Firefighting

o  Mining

o  Construction

o  Other Industrial

  • Municipal

o  Water Supply & Distribution

o  Wastewater Management

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Power Tool Gears Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2030

The global power tool gears market is expected to be worth $5.63 billion by 2022. The growing use of power tools for woodworking and metal fabrication operations in the building and construction sector is boosting market growth.

As per Future Market Insights (FMI) states that the demand in the global power tool gears market is expected to top US$ 8.38 Bn by 2030, expanding at a steady 5.1% CAGR during the forecast period.

Attributed to increasing demand and growing production of power tool gears in China and India, these two countries are estimated to collectively account for nearly 40% of the total market share over the assessment period. On the basis of gear type, the spur gear segment is projected to register robust growth, accounting for 1/3rd of the total sales through 2030.

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Key Takeaways of Power Tool Gears Market Study

  • Increasing adoption of automation, better productivity, and easier and accurate operations are vital points propelling the demand and usage of power tools, which is subsequently fueling the growth of the power tool gears market.
  • Power tools can be used for hard materials, which are otherwise strong and difficult to work on with mechanical tools. Also, lack of skilled workforce and wage issues are other driving factors for the increment of the power tool gears market.
  • Use of spur gears and worm or spiral gears is anticipated to increase over the forecast period.
  • The professional end user type segment is likely to retain its dominance in the market due to the requirement of more gear sets. High adoption of power tools for professional purposes is also driving the segment.
  • By application, grinding machines are anticipated to progress at a swift pace over the forecast period, with increasing use of sanders and polishers in the market.

“To improve profit margins by increasing production rates and reducing operating costs, effective reduction in workforce is required. As such, many end-use companies are anticipated to increase the usage of power tools over the slated course of time. However, due to the spread of the novel coronavirus, which is nearly shutting down many prominent economies, growth of the power tool gears market will be hindered in the immediate future.”

Power Tool Gears Market: Competitive Landscape

The report provides thorough study on the competition landscape of the power tool gears market, and new strategies and development activities adopted by established market players and new entrants.

The global power tool gears market is decently fragmented, with various manufacturers offering identical products. Some of the key manufactures in the global power tool gears market are Porite Group, hGears, Zhejiang Oliver manufacturing Gear Co. Ltd, and Zhejiang Fore Intelligent Technology Co., Ltd. among others.

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Power Tool Gears Market by Category

By Gear Type:

  • Bevel Gears
  • Spiral Gears
  • Spur Gears
  • Helical Gears
  • Hypoid Gears

By Application:

  • Grinding Machines
  • Drills
  • Hammers
  • Saws
  • DC Cordless Screw Drivers

By End User:

  • Professional
  • DIY (Consumer)

About Us:

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

Contact:
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Robotic Lawn Mower Market Industry Overview Research Report

It is expected that the robotic lawn mower market would expand, from US$ 821.76 million in 2022 to US$ 2,721.23 million in 2032. According to FMI, the market is anticipated to develop at a CAGR of 11.5% during the forecast period. The growth factors helping in the expansion of the robotics lawn mower market size consist of increasing construction of public gardens, commercial buildings, and landscaping services.

The global robotic lawn mower market is anticipated to grow at a faster rate. This is owing to the increase in reliance on robots as a result of the development of AI technology. Additionally, the global market for smart phones has grown significantly over the years, which has led to the creation of robotic lawn mowers that can be operated using smart phones for both personal and business purposes.

A consistent surge in the robotic lawn mower market is expected with an opulent CAGR of over 11.5% and is projected to reach a market valuation of US$ 737 Mn in 2021. Growing demand for ecologically sound technology and the shift of consumers towards elevating their backyard lawns have led to reasonable growth in the robotic lawn mower market.

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Key Takeaways

  • Lack of competent labor, massive investment in research on Artificial Intelligence, and efficient properties of robotic lawn mowers are expected to bolster sales of robotic lawn mowers throughout the forecast period of 2022-2032.
  • Surging investments in research on Artificial Intelligence and properties of robotic lawn mowers, and support from the government through favorable policies are creating prospects for robotic lawn mower sales growth.
  • The leading players in the robotic lawn mower market are focusing on mergers & acquisitions, and partnerships to strengthen their position in the market, further enhancing their product portfolio.
  • The rising inclination toward landscaping services and the unavailability of competent labor in the market compelled manufacturers to undertake the route collaboration. These collaborations will further aid in producing zero-emission autonomous mowing machines, resulting in higher sales of the robotic lawn mower market.
  • The boom in the residential sector is anticipated to deploy robotic lawn mowers and aid in generating nearly 60% of total returns to shareholders. Owing to the expansion of activities including landscaping, backyard beautification, and cookouts, garden parties, along with the need to save time on lawn maintenance activities, are driving the adoption of robotic lawn mowers in this end-use sector.
  • The commercial sector, in the recent past, has been staunchly inclining towards automation to achieve operational efficiency. Robotic lawn mower market players are tapping into this opportunity to uncover new revenue lines.

Competitive Landscape

Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., Robert Bosch GmbH, Deere & Company, NINGBO NGP INDUSTRY CO., LTD., and Honda are some of the key companies profiled in the full version of the report.

These leading key players in the market account for a total of 55% global market share. Approximately 60% of the total return would be generated by the residential sector owing to the increased expenditure on the beautification of backyards and lawns and gardens. The commercial sector, in the recent past, has been staunchly inclining towards automation in order to achieve

operational efficiency. Robotic lawn mower market players are tapping into this opportunity to uncover new revenue lines.

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More Insights into the Robotic Lawn Mower Market

North America and Europe will continue to create maximum traction for stakeholders in the robotic lawn mower market over the projection period. These regions have been a testing ground for robotic technology over the past couple of decades and continue to account for nearly ¾ of total market revenue, collectively.

FMI analysis further reveals that the most worthwhile value-capturing prospects are presented by the U.S. market. While these developed regions are showing substantial growth opportunities, market players are also turning to Southeast Asia & Pacific for a sustained market foothold.

Owing to the technological advancements, Market incumbents are developing robotic lawn mowers equipped with GPS technology, which allows the mowers to operate within virtual boundaries. These GPS-enabled robotic lawn mowers come with enhanced flexibility and applicability in green spaces.

Since virtual boundaries can be adjusted to cater to the ever-changing needs of commercial and residential areas. GPS technology overcomes the challenges of existing robotic lawn mowers, such as working on hard surfaces and scarifying and aerating the lawn.

By the end of the forecast period, manufacturers are predicted to reap approximately US$ 1 Bn via offline sales channels. As customers are becoming more demanding and discerning, shareholders are stepping into the e-Commerce.

About Us:

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
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Middle East Veterinary Vaccines Market is projected to reach US$ 533.4 Mn by 2031 at a CAGR of 4.8%

According to a recent study by Future Market Insights (FMI), the Middle East Veterinary Vaccines Market is expected to witness moderate growth during the forecast period. The market is expected to grow from US$ 335.0 Mn in 2021 to over US$ 533.4 Mn by 2031. This reflects a cumulative CAGR of around 4.8% over the forecast period (2021-2031).

The demand for veterinary vaccines has increased over the past few years due to the increasing incidences of foodborne and zoonotic infections amongst the population in the Middle Eastern region. The pattern of veterinary treatment is shifting from curative/reactive to preventive in these countries. The cost of preventive treatment is much smaller and has far fewer side effects than reactive treatments that often lead to mass slaughter.

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The rebound of economic prosperity in MEA markets is expected to contribute towards increased demand for processed healthy meat products. This will fuel the demand for effective vaccination of livestock, especially in major animal farming and meat-producing nations in the region with a diversified herd such as Sudan, Turkey, Egypt and KSA.

Rising per capita disposable income levels are largely contributing towards demand for processed food items. This is expected to drive the growth of veterinary vaccines in poultry and livestock segments.

The key players of the veterinary vaccines industry are focusing on finding innovative products to control zoonotic infection rates. Along with this, various advancements in biotechnology are expected to create a favourable platform for the development of various veterinary vaccines in developing markets such as UAE, KSA, Turkey and Jordan. These techniques include next-generation sequencing, synthetic biology and systems biology, among others.

Further, continued investments in multi-disciplinary vaccinology research could improve vaccine development efficiency and shorten time-to-market for upcoming veterinary vaccines.

Key players are working on innovative products, conducting acquisitions, mergers, agreements with other companies to improve their market presence and tap into less competitive emerging markets.

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For instance, In September 2018, Boehringer Ingelheim announced that they would be donating 75,000 doses of rabies vaccines to the Global Alliance for the Rabies Control, as an effort of recognition of World Rabies Day on September 28th.

Such developments not only strengthen the company’s existing portfolio but also help to increase their presence at the regional as well as global level, and help companies to sustain the increasing competitive pressure.

Key Takeaways from Middle East Veterinary Vaccines Study

  • The attenuated live vaccines accounted for 35.1% share of the total market of veterinary vaccines in the Middle East in 2021. The demand for attenuated live vaccines is expected to grow at a CAGR of 5.8% over the forecast period. By triggering a wide spectrum of immune responses, attenuated vaccines can deliver better immunity than conventional vaccinations.
  • The livestock animals held the maximum share of 73.9% of the total veterinary vaccines market in terms of animal in 2021. Increased demand for processed meat products and making animal health a critical component of disease control is leading to increasing adoption of livestock animal’s vaccination in the Middle Eastern region.
  • The foot and mouth disease accounted for more than 27% of the market share of the Middle East veterinary vaccines market in 2021. Foot and mouth disease is the most commonly occurring disease amongst all the animals. This segment is expected to project a cumulative CAGR of 5.6% over the forecast period.
  • The private veterinary pharmacies registered sales worth U.S. $ 114.6 Mn during the year 2021 and are expected to project a cumulative CAGR of 5.0% over the forecast period. Increased awareness regarding animal vaccinations, rising incidences of foot and mouth disease and high demand for good quality processed meat are some of the factors contributing to the growth of private veterinary pharmacies in the Middle East.

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“Increased demand for processed meat products around the world will drive the demand for veterinary vaccines market in the Middle East,” says the FMI Analyst.

Who is winning?

The key manufacturers of the veterinary vaccines market are adopting strategies such as partnership strategies for global expansion and improving their hold over the global market.

  • In January 2021, Merck Animal Health announced the acquisition of Poultry Sense Ltd, which provides health and environmental monitoring solutions for the poultry industry.
  • In September 2019, Ceva, in partnership with Biotecon diagnostics, announced the launch of their latest product, a real-time diagnostic kit that will help the poultry producers to fight salmonella infections in their farms.

The key market players of the Middle East veterinary vaccines market include JOVA, Bioveta, Inc., Intervac Pvt. Ltd., Zoetis, Elanco, Merial, Merck & Co. Inc, Bayer Pharma AG, Ceva and Boehringer Ingelheim.

Want more insights?

Future Market Insights brings the comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The Middle East veterinary vaccines market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights into the Middle East veterinary vaccines market. The veterinary vaccines market is segmented into five parts based on vaccine type (attenuated live vaccines, inactivated vaccines, toxoid vaccines, DNA vaccines, recombinant vaccines, and others) based on animal type (companion animals, livestock animals and equine) based on disease indication (foot and mouth disease, NewCastle disease, PPRS, canine parvovirus, brucellosis, avian influenza, and others), based on end-user (hospital pharmacies, veterinary clinics, private veterinary pharmacies and others) and based on country ( KSA, UAE, Turkey, Jordan, Sudan, Egypt and Rest of MEA).

Middle East Veterinary Vaccines, by Category

By Vaccine:

  • Attenuated Live Vaccines
  • Inactivated Vaccines
  • Toxoid Vaccines
  • DNA Vaccines
  • Recombinant Vaccines
  • Others

By Animal:

  • Companion Animals
    • Canine
    • Avian
    • Feline
  • Livestock Animals
    • Aquatic
    • Bovine
    • Porcine
    • Small Ruminant
    • Poultry
  • Equine

By Disease Indication:

  • Foot and Mouth Disease
  • Newcastle Disease
  • PPRS
  • Canine Parvovirus
  • Brucellosis
  • Avian Influenza
  • Others

By End-User

  • Hospital Pharmacies
  • Veterinary Clinics
  • Private Veterinary Pharmacies
  • Others

For Read More Related Insights:

Foot And Ankle Devices Market

Mortuary Equipment Market

Intracardiac Imaging Market

Photoacoustic Microscopy Market

About Future Market Insights (FMI)

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

Contact:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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Flow Cytometry Market is projected to reach US$ 11.4 Bn by 2032 at a CAGR of 7.4%

The global Flow Cytometry Market is expected to enjoy a lucrative growth opportunity with an expanded CAGR of 7.4% from 2022 to 2032. The global market is anticipated to reach a valuation of US$ 5.6 Billion by the end of the year 2022 and reach an estimation of nearly US$ 11.4 Billion by the year 2032.

According to the reports conducted by Future Market Insights on the flow cytometry market, the reagents, consumables & accessories are leading the market by product, with a share of about 44.3% in the year 2021, within the global market. Global flow cytometry is expected to become even more vital in medicine because of high-throughput quantitative analysis, developments in vivo flow cytometry, and assessments of minimal residual diseases.

The demand for flow cytometry is anticipated to surge strong, offsetting any industry margin compressions. The flow cytometry techniques offer impressive diagnostic opportunities in the majority of oncologic and hematologic diseases by providing multiple molecular and cellular knowledge within an individual cell. The flow cytometry market comprises some specific applications of the benchtop, specifically in hematology and oncology areas, in addition to general limitations that have proved lucrative for the said market.

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The flow cytometry market share is expected to benefit from surging healthcare spending and increased public awareness. Cell sorting, immunophenotyping, intracellular calcium flux, and cell proliferation assays are a few of the numerous applications of the FAS Caliber flow cytometer. This technique accounts for several benefits such as its user-friendliness, which are further projected to boost its demand during the forecasted years. For all the cytometry market participants, this method is increasingly used in clinical studies and research which has opened up a variety of new growth prospects all over the world.

Key Takeaways

  • A rising number of immunoassay techniques are rapidly being developed including the Accuri flow cytometer attributed to the recombinant antibody technology. Recombinant antibodies are extensively being used during the development of more sophisticated panels that come with affordable flow cytometer prices.
  • By combining the high specificity and affinity of monoclonal antibodies with recombinant technology, monoclonal antibodies incorporate a stronger ability to detect subtle antigenic alterations and small targets comprising epitope variants, post-translational modifications, and conformational changes.
  • Furthermore, nowadays it has become very common to change the flow cytometry region in order to avoid clashes with several other antibodies within a flow cytometry panel. By decreasing the high background which commonly takes place when antibodies bind to Fc receptors, recombinant antibodies have reduced the flow cytometry cost. As a result, varieties of market opportunities are now being established by the introduction of recombinant DNA technology for antibody production in flow cytometry.
  • The development of monoclonal antibodies, fluorescence, and laser technology has managed to diversify by adding new options for developing the best flow cytometers to investigate intracellular compartments for the determination of cellular functionality. In addition to that, the expansion of business over digital distribution channels has proven to be groundbreaking development for several small flow cytometer manufacturers with a limited and dispersed customer base.

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Competitive Landscape

Several key companies in the flow cytometry production sphere are witnessing fierce competition and the overall market is highly fragmented due to the presence of local and regional players in the market. In order to expand the consumer base and meet the demands of consumers, the prominent flow cytometry market players are implementing methods such as acquisitions and mergers, collaborations and partnerships, and new product launches.

More Insights into the Flow Cytometry Market

The U.S. is expected to dominate the North American flow cytometry market as it accounted for a total market share of around 92.0% in 2021 and is anticipated to continue to experience the same growth across the forecast period.

China is the second leading country dominating the East Asian flow cytometry market as it accounted for around 42.1% share in 2021 and is projected to display growth at a lucrative CAGR of 12.3% during the forecast period.

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Key Segments

By Product Type:

  • Flow Cytometer System
    • Tradition Flow Cytometer
      • Cell Sorters
      • Imaging Flow Cytometers
    • Acoustic Focusing Cytometers
    • Next Generation Flow Cytometers
    • Reagents, Consumables & Accessories
    • Software
    • Services

By Application:

  • Immunophenotyping
  • Cell Sorting
  • Cell Cycle Analysis
    • Apoptosis
    • Cell Proliferation Assays
    • Intracellular Calcium Flux
  • Detection & Sorting of Exosomes
  • Others

By Usage:

  • Research Use
  • Clinical Diagnostics

By End User:

  • Hospitals
  • Diagnostic Laboratories
  • Academic and Research Institute
  • Biopharmaceutical Companies

By Region:

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

For Read More Related Insights:

Veterinary Services Market

Acid Citrate Dextrose Tubes Market

Varicella Vaccines Market

Liposuction Market

About Future Market Insights (FMI)

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

Contact:

Future Market Insights, Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

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

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