From 2022-2032, Sales Of Edge Bending Machines Are Expected To Grow At A 3.1% CAGR | FMI

The global edge bending machine is anticipated to be worth US$ 284.1 million by the end of 2022. During the forecast period of 2022 to 2032, the market is estimated to grow at a CAGR of 3.1 percent, with a closing value of US$ 385.6 million. During the 2016-2021 historical period, the industry increased at a 2.6 percent CAGR.

In 2022, the market for edge bending machines is projected to be worth US$ 284.1 Million. The manufacturing sector’s expanding application is anticipated to fuel market expansion. Between 2022 and 2032, it is anticipated that the global demand for edge bending machines will increase at a CAGR of 3.1%, reaching about 385.6 million units.

A frequent and important process in the manufacturing sector is substrate bending. Similar to other product development processes, bending modifies the work part’s shape while maintaining the same material volume. The methods used by different edge bending processes to plastically deform the substrate—where the work piece’s material, thickness, and size are crucial factors—are different.

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Edge Bending Machine Market Drivers and Restraints

Rising industrial activities, growing demand for luxury furniture, enhancement in manufacturing technology, and increasing need for the automatic industrial machine to reduce waste and improve productivity are the primary factor driving the growth of the global edge bending machine market.

Moreover, advanced features such as maximum versatility, simplicity and equipment accuracy, possibility to equip with scraping as well as brushing units, and east to use in all working conditions are some of the prominent factors fueling the growth of the edge bending machine market in the near future. However, substitute such as molding and face frames may limit the growth of the edge bending machine market during the forecast the period.

Additionally, bending is used to give sheets and plates strength, stiffness, and the elimination of sharp edges. Edge bending also aids in covering a substrate’s exposed edges with a thin strip of PVC or another resinous material. The design of an edge bending machine includes both straight and contour edge bending. It gives a solid or liquid the appearance of being cosmetic more valuable material. Conventional edge bending was a manual procedure that requires common tools and materials.

Edge Bending Machine Overview

Edge bending machine market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well soon because edge bending procedures are mainly used in industrial sheet metal processing which includes bending of a small part of the metal coupled with provides excellent mechanical advantages when forming a curve.

Additionally, expanding manufacturing industry, growing use of office furniture are the factors that can propel the market revenue growth of edge bending machine in the near future. However, edge bending angles greater than 90 degrees will involve more complex machine which will be capable of some horizontal force delivery.

There are a wide variety of different edge bending machines available in the market with various size and performance level. The types of tools for wood are equipped with multiple operating units namely pre-milling unit, end-cutting units, precision gluing and edge pressure units, and rough trimming unit.

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Edge Bending Machine Market Region-wise Outlook

Depending on the geographic region, the edge bending machine market is classified into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. Asia-Pacific is expected to be the leading markets in the global edge bending machine market followed by Europe, and Japan is owing to the presence of skilled labor, advanced technology, established research and development infrastructure, and the presence of prominent players in the region.

The market in Asia-Pacific is projected to have the fastest growth due to rising demand for wood products, the presence of a potential customer. Moreover, growing demand for automatic free edge bending machine, and highly unorganized market are some of the factors which are anticipated to rise the increase of edge bending machine market throughout the forecast period.

Edge Bending Machine Market Key Players

Some of the prominent players in the edge bending machine market are SCM Group, SIMCO industrial machinery trd Co Ltd., NTF Korfhage Maschinenbau GmbH, Edge Finisher Co., Yadav Tools Company, Gelber-Bieger GmbH, Adamik Company, Intimate Machine Tools Company, Felder Woodworking Machines Private Limited, Shree Umiya F-Tech Machines Ltd, Shandong Hicas Machinery (Group) Co., Ltd., Kreutz & Mock GmbH, and others.

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 categories such as market segments, geographies, types, technology, material and applications.

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Asia Pacific Region Is Expected To Lead The Modular Robotics Market During Forecast Period 2022-2032

During the forecast period, the modular robotics market size is expected to grow at a robust CAGR of 18%. The modular robots industry is expected to be worth $9.11 billion in 2022 and reach $47.68 billion by 2032. Demand for modular robotics is likely to increase in Asia Pacific due to increasing the adoption of robots in the electronics and automotive industries. The Region is estimated to create lucrative growth opportunities in the modular robotics market share in the coming years.

In the Asia Pacific, East Asia is stipulated to be an attractive region for the modular robotics market owing to the increasing factory automation rate which leads to an increase in sales of modular robotics.

The modularity in the robotic system grants flexibility to a single robot and allows it to perform multiple tasks. The modular robotic system is equipped with a modular gripper that is capable of grasping a fragile object using distributed sensing actuation.

With the several functional advantages such as morphologically adaptive nature, potentially robust, and self-repair, modular robotics systems are gaining traction in the market. Owing to the increasing demand for modular robotics in the electronics and automotive industry, various manufacturers are focusing on developing a specific product that has high efficiency in these industries.

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The modular robotics manufacturers are engaged in research & development activities for improving the structure and design of the modular robotics systems. Modular robotics are mainly used in critical applications such as space exploration, accessing dangerous area, search & rescue, accessing tight spaces, an inspection of tubes & bridges.

Modular Robotics Market: Dynamics

An increase in productivity, a decrease in rejection rate and scalability of operations are key benefits that propel the adoption of modular robotics in various industries including the automotive industry, chemical industry across the globe. Modular robots are flexible, versatile, and easily configurable. This factor is resulting in prominent demand generation for modular robotics over the few years. Lattice-based modules are widely used in end-use industries than that of chain-based modules, as they are capable of connecting more than two modules simultaneously.

Modular robots are expected to create significant opportunities in the electronics industry with the ability to improve the efficiency of the fabrication process and integrity of the production process. The cost of skilled labor is increasing at a significant rate even in low-cost carrier countries such as China and India. Owing to the increasing labor costs, the payback for modular robotics and industrial automation is gaining more traction in the market.

The cost of appropriate solution development for specific use is substantially high in modular robotics, which makes it difficult from adhering to budget constraints for most of the small & mid-size organizations. Also, factors such as high maintenance costs, lack of awareness will stagnant the growth of the global modular robotics market.

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Modular Robotics: Regional Market Outlook

In the Asia Pacific, increasing the adoption of robots in the electronics and automotive industries is estimated to create lucrative growth opportunities in the modular robotics market. In the Asia Pacific, East Asia is stipulated to be an attractive region for the modular robotics market owing to the increasing factory automation rate. China is expected to show lucrative growth opportunities in the market due to heavy investment in industrial automation. North America is expected to show a significant share in the modular robotics market due to the high adoption rate of autonomous and advanced robots across the region. Regions including Middle East Africa and Latin America are predicted to have healthy growth in the global modular robotics market.

Modular Robotics: Market Key Players

Examples of some of the market participants identified in the global modular robotics market are:

  • ABB Ltd.
  •  FANUC Corporation
  • Mitsubishi Electric Corporation
  • Yaskawa Robotics
  • Kawasaki Heavy Industries, Ltd.
  • Aurotek Corporation
  • Universal Robots
  • DENSO
  • A.C.M.I. spa
  • CMA Robotics Spa
  • Rethink Robotics GmbH

The Modular Robotics research report presents a comprehensive assessment of the Modular Robotics 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 Modular Robotics research report provides analysis and information according to market segments, such as geographies, application, and industry.

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

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Modular Robotics: Market Segmentation

On the basis of product type, the global modular robotics market can be segmented into the following,

  • SCARA Modular Robots
  • Articulated Modular Robots
  • Cartesian Modular Robots
  • Parallel Modular Robots

On the basis of hardware design, the global modular robotics market can be segmented into the following,

  • Chain-based
  • Lattice-based
  • Strut-based

On the basis of configuration, the global modular robotics market can be segmented into the following,

  • Auto-Configuration
  • Manual Configuration

On the basis of end use industry, the global modular robotics market can be segmented into the following,

  • Automotive
  • Electronics & Electrical
  • Chemical
  • Food & Beverages
  • Pharmaceuticals

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Middle East and Africa Kitchen Storage Market Size, Share & Forecast | US$ 1.8 Bn by 2032

The middle east and africa kitchen storage market is projected to reach a valuation of US$ 1.2 Bn in 2022, likely to surge at a vigorous 4.5% CAGR from 2022 – 2032.

Since the last few years, kitchen storage has grown in significance. Homeowners’ willingness to spend on home design items is mirrored by an increase in their spending on kitchen storage accessories.

Kitchens must have space for everything necessary, from tableware to culinary supplies like cooking oil and spices.

By minimising clutter and congestion, kitchen storage organisation goods including cabinets, drawers, tableware & serving storage, and pantry organisers significantly help in the creation of more navigable space, enabling people to make better use of kitchen space.

Different-sized storage accessories are being marketed by manufacturers depending on the size of the residence. According to projections, the global market for kitchen storage would be worth over US$ 150 billion by 2027 and rise at a compound annual growth rate of more than 3% from 2019 to 2027.

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Global Kitchen Storage Market- Competitive Landscape

The existence of a sizable number of market participants, which gives the global kitchen storage market its competitive aspect, distinguishes it.

Flywell International Corp, Masterclass Kitchens, Enclume Design Products, Kitchen Magic, Rev-A-Shelf, Inter IKEA Systems B., and ShefGenie Franchise Systems, LLC are a few notable participants in this market.

These players are focusing on joint ventures, acquisitions, and product introductions. For instance, Knape & Vogt expanded its kitchen storage organisation market by purchasing Diamond Storage LLC and CompX International’s furniture components operations in 2013.

In order to increase its sales of Now Kitchens’ product line, Masterclass Kitchens and the latter company partnered in January 2016. The company currently offers a wide range of goods, from contemporary kitchens to freestanding furniture.

The LifeProof Glass Water Bottle from Anchor Hocking LLC was unfilled with plastic the following year. This bottle stands out because it was made using a glass tempering method, which makes it significantly stronger than a typical glass bottle.

Metal Kitchen Storage Devices to Generate Latent Opportunities, Wooden Shelves Surge in Popularity

Over the course of the projected period, metal kitchen storage devices are becoming more and more popular due to their high corrosion resistance, increased durability, and longer lifespans. Customers are spending a lot of money on stainless steel cabinets because they dramatically reduce the likelihood of rusting when exposed to moisture or air and are made from high nickel and chromium alloys.

Steel is also resistant to high temperatures.

Additionally, steel-based kitchen storage items are non-permeable, which means nothing can flow through them and makes cleaning much simpler.

However, wood-based technology is gaining popularity due to its aesthetic value and ease of cleaning from accumulated dirt and dust. Because it is lightweight, organising it is also made simpler.

Sink & Under Sink Sales to Hold Major Sway across the Forecast Period

Stainless steel, cast iron, composites, and solid surfaces are becoming increasingly popular materials for kitchen sink and under-sink accessories. This is due to the fact that managing kitchen trash is becoming increasingly crucial. To keep a neat and clean home, kitchen trash must be disposed of properly.

Since consumers want to save money, multi-functional sinks are growing in popularity nowadays. For instance, sinks now come with guards, drain kits, strainers, and soap dispensers.

Additionally, sensor-equipped smart sinks are increasingly popular for controlling water usage. By 2027, the sinks and smart sinks market will be worth US$40 billion.

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Residential Grade Kitchen Storage Devices to Enjoy the Lion’s Share, Commercial Grade Catching Up

Customers want more sophisticated dwelling designs and layouts as urbanisation intensifies. Due to the increased need for effective and sustainable kitchen management, there has been an increase in the price of kitchen storage accessories.

Manufacturers are increasing their chances of making money by selling environmentally friendly goods, like energy-efficient dishwashers, which help consumers save money.

By the end of 2027, the residential grade market will be worth close to US$ 150 billion. Simultaneously, the rising popularity of eating in cafeterias and restaurants is improving commercial-grade kitchen storage appliances, creating profitable prospects for market participants to build significant revenue ecosystems.

Sales of Premium-Grade Kitchen Storage Products Gaining Immense Momentum due to Surging Living Standards

People’s living standards have improved as a result of urbanisation since more of them are working in well-paying positions, which has increased their disposable income levels. As a result, their demand for luxury and high-end goods would inevitably rise.

As a result, they are spending more money on high-end kitchen storage accessories. Consumers are more focused on an improved level of living in the modern day. This suggests that they are prepared to spend a larger portion of their income to obtain goods of excellent quality.

In the case of kitchen storage accessories, consumers are more concerned about an organized kitchen for which they tend to invest in expensive kitchen storage products.

Global Kitchen Storage Market- Company Profile

Flywell International CorpMasterclass KitchensEnclume Design ProductsKitchen MagicRev-A-ShelfInter IKEA Systems B.VShefGenie Franchise Systems, LLCKessebohmer Clever StorageBlum Australia Pty LtdOld Dutch InternationalAnchor Hocking, LLCKnape & Vogt Manufacturing Company

Middle East And Africa Kitchen Storage Market by Category

By Product Type:

  • Tall Cabinets
  • Sink Cabinets
  • Shelving Cabinets
  • Other Types

By End User:

  • Residential
  • Hotels & Restaurants
  • Cafes
  • Catering
  • Other Applications

By Price Range:

  • Premium
  • Economic/Low

By Sales Channel:

  • Direct
  • Indirect
    • Specialty Stores
    • Departmental Stores
    • Multi-Brand Stores
    • Exclusive Stores (Custom)
    • Online Retailers
  • Direct-To-Customer
  • Third Party Sales

By Country:

  • GCC Countries
  • Israel
  • North Africa
  • South Africa
  • Turkey
  • Rest of MIDDLE EAST AND AFRICA

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North America Is Likely To Hold An Oxy-Fuel Welding Equipment Share Of 15% Through 2032

The global oxy-fuel welding equipment market is anticipated to have a moderate 6.4% CAGR, capturing a revenue share of US$ 1474.6 million in 2022, to reach US$ 2734.5 million by 2032.

North America is predicted to have a significant market share of 15% in oxy-fuel welding equipment during the forecast period. The expansion in fabrication and repair activities across the area, particularly in the U.S., is expected to give the North American industry a high potential for oxy-fuel welding equipment market growth.

The oxy-fuel welding process is a welding technique utilizing a compressed mixture of high energy density fuel and oxygen to generate a flame capable of elevating the temperature of the material to be welded. The three welding processes that fall under oxy-fuel welding are Oxyacetylene welding, Oxyhydrogen welding, Pressure gas welding and air acetylene welding. Among these four welding techniques, oxyacetylene welding is the most prominent technique adopted for the purpose of welding taking up more than 80% of the market share.

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The equipment that is used to propagate the welding technique can be broken down into simple components comprising gas cylinders, flow regulators, mixing chamber, conveyance tubes and nozzle. Manufacturers of such equipment in the current scenario are more focused on producing individual parts than the standalone systems owing to less cost and ease in assembling. The oxy-fuel welding process is widely preferred in application areas where the availability of electrical power is a constraint while the welding process can be done with or without the use of filler material.

Regional Outlook

The oxy-fuel welding equipment market can be related to the performance of the end use industry in each of the seven geographical locations across the globe. The North American market is anticipated to hold a healthy potential for the growth of the market owing to increase in fabrication and repair activities across the region especially in the U.S. The presence of large number of retailers and specialist sellers of oxy-fuel welding equipment is expected to aid in the growth of the market even further. The market in the Asia Pacific region also holds high potential to improve further in the future owing to large presence of small scale welding workshops that rely on cheaper welding options, particularly in  China, ASEAN and India

Market Participants

Examples of some of the major players in the Global Oxy-fuel Welding Equipment market, identified across the value chain include:

  • Illinois Tool Works Inc.
  • Koike Aronson, Inc.
  • Colfax Corporation
  • The Eastwood Company
  • American Torch Tip Company
  • Quality Components Co. Inc.
  • Rexarc International, Inc.
  • Detroit Torch & Mfg. Co.
  • Flame Technologies, Inc.
  • Rotarex S.A.
  • Uniweld Products, Inc.
  • Tewelding Engineers

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, application, and industry.

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Oxy-fuel Welding Equipment Market Dynamics

Though oxy-fuel welding technique has limited application in industrial scale operation, its utilization in repair and fabrication industry is the most prominent. Small scale repair shops run by a single or few welders typically adopt oxy-fuel welding technique due to lower investment costs and ability to weld large variety of materials has increased its popularity hence biding well for the growth of the oxy-fuel welding equipment market. Oxy-fuel welding technique is the least complex among all the welding techniques requiring minimum set up operation.

This technique requires the assembly of simple devices such as fuel tank, torch, mixing chambers among others hence, in-depth know how of such techniques is not necessary making it practically useful for people who are new to welding. The non-requirement of electricity in order to initiate the welding process is another factor helping in driving the oxy-fuel welding equipment market even further.

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Crossfit Apparel Market moving ahead with a CAGR of 2.8% Through 2032

The crossfit apparel market size accounted for about US$ 113 Million in 2022 and is anticipated to garner a revenue of around US$ 149 Million by 2032, advancing at a CAGR of 2.8% during the forecast period (2022-2032).

The ongoing health and wellness trend is the primary driver of the demand for crossfit apparel, prompting consumers to spend on this apparel, thereby fueling the overall crossfit apparel market growth.

Sales of crossfit apparel are on the surge as consumers focus on healthy regimes, and rising levels of health-consciousness are causing people to be pickier about gym clothes, personal training clothes, and casual work clothes. Increased participation in sports and adventurous activities such as cycling and trekking is anticipated to propel the crossfit apparel market size to a considerable extent.

Furthermore, the crossfit apparel market growth is also contributed by the fitness influencers’ aggressive efforts to promote active wear and attract consumers have resulted in the athleisure cult.

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Rising adoption of functionality-specific apparel and footwear, as well as technological advancements, are considered to improve the crossfit apparel market statistics.

Some of the most recent developments in the crossfit apparel market include functional clothing, which is made with anti-bacterial materials that can prevent body odour.

Companies are offering sports shoes and socks with specialized features in response to an increase in the incidence of foot diseases and allergies, in turn, augmenting their crossfit apparel market share.

The crossfit apparel market is categorized into product type, material type, consumer orientation, sales channel, and region.

Key Takeaways:

  • Based on consumer orientation, women segment is likely to lead the crossfit apparel market with a CAGR of 4.2% through 2032.
  • By sales channel, the e-commerce segment is expected to grow the fastest, owing to increased internet penetration and increased use of smartphones for online shopping, which allows consumers to compare products in real time and make informed decisions.
  • In Europe, which continues to be an important component of the global economy, Germany is considered to contribute significantly to the region’s crossfit apparel market size over the next few years.
  • The global market for top wear is forecasted to lead the crossfit apparel market with the US holding the largest regional crossfit apparel market share for the top wear segment.
  • APAC’s key markets for crossfit apparel are China and Japan, where the market in these regions is estimated to advance faster than the market in other regions.

Competitive Landscape:

Some of the notable players in the crossfit apparel market include Adidas AG, Reebok International Limited, Anta Sports Products Limited, ASICS Corporation, Columbia Sportswear Company, Elite Sportswear, LP., Hanesbrands Inc., NIKE, Inc., Patagonia, Inc., Puma SE, and Under Armor Inc.

The players in the crossfit apparel market have adopted acquisition as their primary development strategy in order to increase profitability and consolidate their crossfit apparel market share.

Major market players are coming up with various emerging trends in crossfit apparel market with the aid of these strategies.

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Key Segments

By Product:

  • Shirts
  • Pants
  • Others
  • Shorts
  • Sweatshirts & Hoodies
  • Tank-top

By Material Type:

  • Nylon
  • Wool
  • Polyester
  • Others

By Sales Channel:

  • Direct Sales
  • Franchised Stores
  • Specialty stores
  • Online retailers
  • Other sales channels
  • mono brand stores
  • wholesalers/retailers

By Consumer Orientation:

  • Men
  • Women
  • Unisex

By Region:

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

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Motorized Decoiler Machine Market Is Likely To Secure A CAGR Of 3.8% Through 2032- Says FMI

The global motorized decoiler machine market size is anticipated to reach US$ 4.6 Million by 2032. The motorized decoiler machine market is growing at a robust CAGR of 3.8% in the forecast period from 2022 to 2032. According to FMI analysis, the global Motorized decoiler machine market is estimated to be valued at US$ 3.2 Million in 2022.

Due to the increased production worldwide, the global manufacturing industry has been a major employer of motorized decoiler machines. Hence, it has resulted in high demand for the global motorized decoiler machine market.

In addition to reducing the amount of human effort in unrolling and straightening heavy metal reels, these motorized decoiler machines also provide a higher feed rate for the various machines in use. Moreover, with the increasing use of automation in industries, decoiler machines have found their way into manufacturing as well.

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Key Takeaways

  • Over the past few years, a healthy increase can be seen in production industry which has led to the increased manufacturing demands for motorized decoiler machines worldwide.
  • It is not feasible to unroll and straighten heavy metal reels manually, so motorized decoilers are used as an alternative way to ease human effort. In addition, they are useful for feeding various machines in process at high rates. Growing automation in industries has made it possible to install decoilers in manufacturing facilities, propelling sales of motorized decoiler machines.
  • Decoiler machines come in different sizes with different configurations based on the material type, size and gauge, which is widely used in paper pulp, textile and metal production industries.
  • With the introduction of automation in decoiling machines, their reliability has improved, driving the growth of the motorized decoiler machine market. Motorized recoilers can handle heavy reel loads and provide high production rates.
  • North America and Europe are projected to remain dominant in decoiler machine installations with CAGRs of 17.0% and 15.0%, respectively. Metal consumption has increased significantly over the last two decades due to the global industrial production boom.

Competitive Landscape

Swi Engineering, The Formtek Group, Worcester Presses Ltd., Dongguan City Haiwei Intelligent Equipment Incorporated Company, Fabbrica Impianti Macchine Industriali S.p.A, Reef Engineering And Manufacturing Co. (Pty) Limited, Vaspo Vamberk, Ltd., Metalforming Inc., Wuxi Zhenqun Machinery Manufacture Co., Ltd., Acier Equipment, Bluesky Machine Co., Ltd., Jiaozuo Mengxin Special Steel Co., Ltd., Dongguan City Haiwei Intelligent Equipment Incorporated Company, Shanghai Baosheng Machinery Equipment Co. Ltd. are some of the key companies profiled in the full version of the report.

Some of the leading companies operating in the global motorized decoiler machine market are focusing on producing a wide range of high-capacity and precision levelers, sheet metal processing machines, deburring machines, and coil lines for manufacturers worldwide, propelling the growth of the motorized decoiler machine market.

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More Insights into the Motorized Decoiler Machine Market

In the latest report, FMI offers an unbiased analysis of market insights on motorized Decoiler machines covering sales outlook, demand forecast & up-to-date key trends. The market is segmented on the basis of Operating Load (less than 5 Ton (< 5 Ton), 5 ton to 10 Ton (5 Ton – 10 Ton), above 10 Ton (> 10 tons)), a number of heads (Single head, Dual Head, Multi-Head), drive (Electric, Hydraulic), material stock (Strip Decoilers, Sheet Decoilers, Wire/ Pipe Decoilers), end-use industry (Machine and equipment manufacture, Automotive, HVAC and duct manufacturing, Stamping, Sheet steel processing industry), region (North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa).

Reducing the amount of human effort in unrolling and straightening heavy metal reels, the motorized decoiler machines emerged as a great replacement and provides a higher feed rate for the various machines in use. Moreover, with the increasing use of automation in industries, decoiler machines have found their way into manufacturing.

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Key Segments Profiled in the Motorized Decoiler Machine Market

By Operating Load:

  • less than 5 Ton (< 5 Ton)
  • 5 ton to 10 Ton (5 Ton – 10 Ton)
  • above 10 Ton (> 10 tons)

By Number of Heads:

  • Single head
  • Dual Head
  • Multi Head

By Drive:

  • Electric
  • Hydraulic

By Material Stock:

  • Strip Decoilers
  • Sheet Decoilers
  • Wire/ Pipe Decoilers

By End Use Industry:

  • Machine and equipment manufacture
  • Automotive
  • HVAC and duct manufacturing
  • Stamping
  • Sheet steel processing industry
  • Others

By Region:

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

About Us:

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

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Packaging Machine Heaters Market Is Projected To Grow At A CAGR Of 3.4% During (2022-2032)

The global packaging machine heaters market is forecasted to be valuated at US$ 7365 million by 2032, up from US$ 5271.9 million in 2022, advancing at a CAGR of 3.4% from 2022 to 2032. The growing demand for consumer goods, increase in the demand for pharmaceuticals, and many other factors are anticipated to increase the sales of packaging machine heaters. The European packaging machine heaters market, which is growing at a rate of 23% as on 2022, is expected to grow at a good rate during the forecast period.

Heating devices that transfer heat at a consistent temperature and are resistant to corrosion and oxidation even at higher temperatures are packaging machine heaters, also known as cartridge heaters. A piece of metal is heated by a packaging machine heater, enabling it to connect with other metals. Each heater is given a rating based on its watt density, though they are typically either 240 or 120 volts.

Packaging machine heaters are usually of two types- standard heaters and swaged heaters. Based on their densities, they are categorized into different three types- High Density (or Hi-Density) Heaters, Medium Density Heaters and Low Density Heaters.

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Packaging Machine Heaters Market: Key Players 

Some of the key players identified across the value chain of the Packaging Machine Heaters market are:

  • Backer Hotwatt
  • Thermal Corporation
  • OMEGA HEATER
  • Nordic Sensors Industrial Inc.
  • Cartridge Heater Maxiwatt
  • Watlow
  • Tempco Electric Heater Corporation
  • Vulcan Electric
  • Tutco Heating Solutions Group
  • KIT HOFHEIM
  • Türk+Hillinger
  • ZOPPAS INDUSTRIES S.P.A.

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, application, and industry.

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Key Segments Profiled In The Packaging Machine Heaters Market Survey

By End Users:

  • Automotive Industry
  • Paper making Industry
  • Woodworking Industry
  • Pharmaceutical Industry
  • Electronic & Electrical

By Product Type:

  • Standard Heaters
  • Swaged Heaters

By Density:

  • High Density Heaters
  • Medium Density Heaters
  • Low Density Heaters

By Region:

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

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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Jumeirah Bay 2
Plot No: JLT-PH2-X2A
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Dubai
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Waterproof Speaker Market Estimations: US$ 12.2 Bn by 2027

The Waterproof Speaker Market size is estimated at US$ 8.6 Bn in 2022 and is projected to reach US$ 12.2 Bn by 2027. As per newly released data by Future Market Insights (FMI), The waterproof speaker market has reflected a CAGR of 6.3% from 2013 to 2021. The share of the waterproof speaker market in its parent market (global speaker market) ranges between ~5%-15%.

In the global waterproof speaker market, companies across the globe are focusing on research & developing and the launching of new product variants, which is a key factor driving demand for waterproof speakers across the globe.

Companies operating in the market are constantly investing a significant amount on research and development activities to cater to the evolving needs of customers who are seeking authentic and specialised products. Waterproof speakers have standard features such as style, basic functionality and durability.

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Technological advancements in several audio devices has changed the manner in which people appreciate and play music. An increase in the demand for wireless-based audio devices, which include portable waterproof speakers with different connectivity options such as Bluetooth & Wi-Fi, sound-bars, headphones and microphones, has been witnessed in the audio industry.

Moreover, the demand for waterproof speakers and similar other devices from end users is gaining traction. This has expected to drive the North America market over the forecast period.

The manufacturers of waterproof speakers have also adopted some key differentiating strategies. For instance, brands operating in the market are targeting mass consumers. They are also offering waterproof speakers with advanced features at competitive prices.

The manufacturers of waterproof speakers are also seeking product innovation due to an increase in the awareness of consumers with respect to different brands in the waterproof speaker marketplace, as well as to maintain a proper value chain to reach the proper target audience and to reduce the cost of the final product.

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Manufacturers are focused on developing high-value waterproof speakers due to the rising consumer demand for better and more effective value-added products. Furthermore, the rising diversity of premium waterproof speakers on retail shelves is also expected to contribute to the increasing value share of the market in the near future.

Features, such as long-range connectivity, robustness and the availability of products on e-commerce platforms, are expected to boost the market. The functionalities of multi-room sharing via small devices, i.e., the pairing of multiple portable waterproof speakers via a single device to make compact devices produce louder sounds, are increasing the demand for waterproof speakers in the market. The rising popularity of waterproof speakers among the millennial population is also a major driver of the waterproof speaker market.

The global market is segmented on the basis of regions, which include North America, Latin America, Asia Pacific Excluding Japan (APEJ), Europe, Middle East & Africa and Japan. Among all the regions, the North America and Asia Pacific excluding Japan regions are estimated to have a substantial value share. The North America region is expected to grow with the highest growth rate of 8.3% owing to the growing number of smart homes in the region. In terms of revenue, the value of the market was US$ 6,327.4 Mn in 2017.

Key Players in the Waterproof Speaker Market

Detailed profiles of companies are also included in the global waterproof speaker market report to evaluate their strategies, key product offerings and recent developments. Some of the key players profiled in the global waterproof speaker market study include Bose Corporation, HARMAN International, Apple Inc., Yamaha Corporation, Sony Corporation, Logitech International S.A., LG Electronics Inc., Samsung Electronics, Panasonic Corporation, Sound United LLC, Philips, LIXIL Group, Anker, Ematic, G-Project Gear, 808 Audio, ROCKVILLE, FosPower, AOMAIS and Altec Lancing.

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Global Waterproof Speaker Market by Category

By Product Type:

  • Portable Waterproof Speakers
  • Ultra-Portable Waterproof Speakers

By Sound Proposition:

  • Directional Speakers
  • 360 degrees Speakers

By Application:

  • Household
  • Institutional
  • Offices
  • Leisure

By Sales Channel:

  • Wholesalers/ Distributors
  • Hypermarket/Supermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channel

By Region:

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

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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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T: +1-845-579-5705
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Hair Bond Multiplier Market is Estimated to Expand at a CAGR of 7.1% Through 2027

The global hair bond multiplier market size and throws light on the various factors boosting revenue growth of the global market. In terms of revenue, the global hair bond multiplier market is estimated to expand at a CAGR of 7.1% over the forecast period.

Owing to increasing fashion trends, individuals are more inclined towards experimenting with hair styles, modifications and different shades of hair colours. Millennials are showing increasing interest in hair colouring and are following celebrities to have different hair colour shades and hair styles. Hair treatment with chemicals and extensive heat to achieve desired modifications could cause potential harm.

Individuals are becoming more concerned and conscious about hair health and hence to counter the harmful effects of heat and chemicals, the demand for hair bond multipliers to strengthen hair is increasing.

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Global Hair Bond Multiplier Market: Segmentation & Forecast

The global hair bond multiplier market is segmented based on product type, application, end use, and sales channel. By product type, the hair bond multiplier market is segmented into kit and loose. On the basis of application, the market is segmented into hair colouring and hair treatment.

The hair colouring segment has a high growth rate of 7.3% over the forecast period with the segment anticipated to be valued at US$ 82.7 Mn by the end of 2017. By end use, the hair bond multiplier market is segmented into salons, spa, and personal use.

The salon segment is estimated to hold the largest market share of 69.1% in 2017 with the market anticipated to be valued at US$ 119.1 Mn by 2017 end. By sales channel, the market for hair bond multiplier is segmented into direct sales and retail sales.

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The retail sales segment is further sub segmented into modern trade, distributors/wholesalers, health & beauty stores and online retailers. In terms of value, the retail sales segment is projected to be the most attractive segment in the global hair bond multiplier market during the forecast period and is expected to remain dominant with a revenue share of 58.5% by 2027 end.

Global Hair Bond Multiplier Market: Regional Forecast

This report assesses trends driving growth of each segment at the global as well as regional level and offers potential takeaways that could prove substantially useful to hair bond multiplier manufacturers looking to enter the market. In this report, the hair bond multiplier market has been segmented into seven major regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).

North America is expected to exhibit relatively high CAGR and high incremental value over the forecast period. In terms of value, the North America hair bond multiplier market is projected to be the most attractive regional market during the forecast period and is expected to remain dominant accounting for a revenue share of 22.9% by 2027 end.

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Global Hair Bond Multiplier Market: Key Players

Some of the key players in the hair bond multiplier market featured in the report include L’Oréal S.A., Olaplex LLC, Croda International Plc., Henkel AG & Co. KGaA, Keune Haircosmetics Manufacturing B.V., Lakmé Lever Private Limited, Earthly Body, Inc., Brazilian Professionals LLC., Affinage Salon Professional Limited. In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, new marketing techniques, product offerings, and mergers and acquisitions.

Market segmentation

By Product Type :

  • Kit
  • Loose

By Application :

  • Hair Colouring
  • Hair Treatment

By End Use :

  • Salons
  • Spa
  • Personal Use

By Distribution Channel :

  • Direct Sales
  • Retail Sales
    • Modern Trade
    • Distributors/ Wholesalers
    • Health & Beauty Stores
    • Online Retailers

By Region :

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

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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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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Asia Pacific Is Expected To Be The Most Lucrative Dynamic Positioning System Market | Forecast 2022-2032

The global dynamic positioning system market is expected to reach US$ 10.3 Billion and exhibit growth at a CAGR of 11.6% in the forecast period from 2022 to 2032. The market is estimated to be valued at US$ 8.2 Billion in 2022. The rapid expansion of the cargo shipping industry and the increasing seaborne trade are anticipated to drive the demand for dynamic positioning systems in the near future.

In terms of market share for dynamic positioning systems in the coming years, Asia Pacific is anticipated to rule. This expansion can be attributed to the fact that China, Singapore, and Hong Kong all have thriving shipbuilding industries. The expansion of maritime commerce and the high demand for ships are additional expected outcomes.

Moreover, rising demand for production, storage, floating and offshore vessels, is escalating the growth in the global dynamic positioning system. The dynamic positioning systems market is expected to witness significant growth during the forecast period 2022-2032.

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Dynamic positioning system is a specially developed computer-controlled system that is capable of maintaining a vessel’s heading and position automatically by utilizing its own thrusters and propellers.

Dynamic Positioning system now have become critically important due to increase in activity of offshore oil industry, renewable energy and other related industries. To address this variety and needs of industries, the demand for dynamic positioning system is increasing.

Dynamic Positioning System Market Market: Drivers & Restraints

The prerequisite of advancement in technology (facilitates in deeper waters than vessels), increasing research & development initiatives by manufacturers is driving the demand of dynamic positioning systems. Dynamic positioning systems are better known for its safe and correct operations which are widely used for a variety of purposes in the offshore industry. It provides following benefits such as effective maritime operations, energy efficient system, helps in reducing operational costs and emissions, among others.

Rising maritime trade in Asia-Pacific and Middle-East Africa along with deep-sea excavations is the fundamental growth driver in the Dynamic Positioning system market. Ensuring safety operations and push from the government side is also helping in increasing the degree of awareness among the users. Additionally, growth in the shipping industry is also up surging with significant opportunities in this market. However, high implementation cost, lack of reliable communication and complexity in system are the major setback for the dynamic positioning system market.

Dynamic Positioning System Market: Region-wise Outlook

The global dynamic positioning system market is expected to register a CAGR of approximately 5 percent over the forecasted period 2022-2032. Depending upon geographic regions, global dynamic positioning system market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific, Japan, and Middle East & Africa. In terms of regions, Asia-Pacific accounts for the largest market share. Middle East and Africa market is projected to register a significant CAGR during the forecast period. Increasing maritime trade with technological updates is fueling the growth in Asia-Pacific and Middle East and Africa regions.

Countries such as China, Saudi Arabia, UAE, South Korea, Japan, Russia, among others is expected to witness an upsurge in the demand for DP systems. Eastern Europe and Latin America are also forecast to register a significant growth in the global dynamic positioning system market during the forecast period 2022-2032.

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Dynamic Positioning System Market: Key Players

Some of the players identified in the dynamic positioning system are L-3 Communications Holdings, General Electric Company, Rolls-Royce Plc, General Electric Company, Kongsberg Gruppen ASA, Navis Engineering, Norr Systems, Praxis Automation Systems, and Marine Technologies LLC, among many others.

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 categories such as market segments, geographies, types, technology and applications.

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
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
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