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According to the research report titled “Pallet Stretch Wrapping Machines Market: Global Industry Analysis (2012-2021) and Opportunity Assessment (2022-2027)” published by Future Market Insights throws light on several aspects driving the global market. The growth of the pallet stretch wrapping machines market is influenced by several factors such as trends, developments, drivers and challenges, the analysis of which is included in this fact based research report.

The exhaustive research publication covers historical data analysis along with current scenario as well as future projections of the market from a value and volume standpoint for a 10 year period, starting from 2022 till 2027. The analysis on various segments playing a major role in the expansion of the global pallet stretch wrapping machines market has been carried out to get a complete picture.

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Increasing Demand for Equipment for Unitization of Loads to Fuel Market Growth

Increasing customer demands for quality, speed and security across supply chains has driven optimization in packaging operations. Pallet stretch wrappers are new equipped with new features to meet consumer demands. End users require machines that can deliver efficient packaging, safe shipment and secure loads of varying types at enhanced efficiency.

Pallet stretch wrapping machine is a unitizing equipment that requires minimal operator intervention. These machines are considered as critical packaging solutions from the beginning of the shipping process and logistics and not at the end of the packaging line. This has spurred the demand for pallet stretch wrapping machines across industries. To maintain wrapping standards, suppliers and manufacturers of semi-automated and automated packaging machines have offered sophisticated test laboratories for test analysis.

Latest pallet stretch wrapping machines are equipped with advanced sensors that detect load weight, load height and stability quotient. These features are expected to drive the growth of the global pallet stretch wrapping machines market in the coming years.

Reluctance from End Use Industries with Low Production Capacity to Restrain Market Growth

As pallet stretch wrapping machines offer higher pace of wrapping pallet loads per hour, they are used by manufacturers that have high production output. Manufacturers that have high production volumes require high pallet loads opt for these machines. Pallet stretch wrapping machines are comparatively costlier than other packaging machines and are not affordable for small scale manufacturers that produce low production volume. Due to low manufacturing volume packaging machines are used for short duration of time, consequently resulting in high idle time. This has caused increased reluctance from end use industries with relatively less production output with respect to use of pallet stretch wrapping machines, thus hindering the growth of the global market.

According to Future Market Insights, the global market for pallet stretch wrapping machines is projected to expand at a value CAGR of 4.3% throughout the period of assessment. In 2022, the global market stood at US$ 412.5 Mn and is estimated to reach a valuation of more than US$ 509.9 Mn by end of the forecast period (2027).

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Competitive Landscape

Manufacturers involved in the global pallet stretch wrapping machines include Muller Load Containment Solutions, Arpac LLC, Robopac SPA, Hangzhou Youngsun Intelligent Equipment Co. Ltd., Italdibipack S.p.A, Fromm Packaging Systems, Inc., Wulftec International Inc., Atlanta Stretch Spa, Phoenix Wrappers, Inc., Tosa s.r.l., SIAT S.p.A, Lantech, Inc., Webster Griffin Ltd., and Perks Engineering.

Global Pallet Stretch Wrapping Machines Market: Key Insights

• Asia Pacific excluding Japan (APEJ) is expected to be the largest region with respect to adoption of pallet stretch wrapping machines. This region is characterised by presence of various end use industries that require installation of such packaging machinery. Emerging economies of China and India are creating potential growth opportunities for manufacturers of pallet stretch wrapping machines. The sale of pallet stretch wrapping machines in this region is expected to touch a value a little under US$ 170 Mn by the end of the period of assessment (2027)
• Automatic pallet stretch wrapping machines are gaining high traction since past years. Increasing use of rotary arm, turntables, robots and ring type of automatic machines is fuelling the adoption of automatic pallet stretch wrapping machines across end use industries
• Standard order segment in the order type is expected to lead the global market with a high market valuation an significant growth rate as end users prefer standard machines developed by manufacturers and not customized packaging machines

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Frequently Asked Questions

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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.

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 latest Market Reports: https://www.futuremarketinsights.com/reports

 

Banking on superior design and performance parameters when compared with wooden pallets, paper pallets continue to be a strong potential contender holding the future of pallet industry. Though accounting for a negligible share in the current global pallet market, paper pallet is expected to see a robust 5.6% CAGR during 2022 – 2029.

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This strong growth outlook, as suggested by a new research study of Future Market Insights (FMI), is majorly attributed to complementarity of paper pallet with the Lightweighting trend. It also warrants a higher level of in-transit security and compatibility with process automation that is underway.

Adoption of paper pallet is on a slight yet constant rise owing to its resilient structure and complete recyclability. Cost efficiency would remain an add-on, opines the report. Through 2029, the current market value of paper pallets is projected to double.

The electrical & electronics industry is expected to be a prominent end-use industry owing to ascending demand for shelf-ready paper pallets for displaying bestsellers such as smartphones, tablets, and laptops. Besides, lucrative opportunities within the cosmetics and personal care sector is another factor expected to boost the growth of the paper pallet market.

Key Takeaways – Paper Pallet Market Study

• Paper pallets are available in customizable formats. However, the Grocery Manufacturers Association standards prefer pallets of size 48 inch x 40 inch. This study analyzes that end-users are expediting the demand for small-sized paper pallets.
• Depending on load lifting and storage conditions, two-way paper pallets are more economic for manufacturing and provide good strength for load lifting. However, the key limitation of two-way pallet is that it offers less flexibility and constraint of load lifting from all directions. Market players are addressing this limitation by developing four-way pallets.
• Analysis on the basis of pallet structure reveals that hybrid pallet market is witnessing a significant rate of growth over the recent past. Along with the combined benefits of honeycomb and corrugated pallet for load carrying, hybrid pallet ensures buckle-free load lifting.

In contrary to their wooden and plastic counterparts, paper pallets do not require chemical processes to maintain their shelf life which will boost their preference in the long run. Paper pallets are highly resistant against fungal and bacterial impact and thus ISPM-15 compliance is not mandatory for their usage. Furthermore, advancements in engineering technologies and paper pallet designs has also been translating into improved load carrying capacity. End users are thus expected to initiate a mass shift from traditionally used pallets to more sustainable paper pallets.

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Key Players Focusing on Market Consolidation and Innovation

The study offers detailed insights on the competition landscape of global paper pallet market which is prominently operated by DS Smith Plc, Smurfit Kappa Group, Conitex Sonoco, Oji Holdings Corporation, and Tat Seng Packaging Group Ltd. While strategic M&A and collaborative alliances will remain in the bandwagon of developmental activities of these key companies, they are also expected to plan heavy investments in new launches. Innovative product launches will help them stand out in this young market.

In August 2022, London-based unit of DS Smith plc. company, DS Smith Hungary, launched paper fiber pallet with the investment of HUF 3 Bn (US$ 6.9 Bn). The company soon acquired TRICORE Packaging and Logistic AG for business expansion in Europe. Earlier in 2021, Smurfit Kappa Group introduced TOPPSafe, a corrugated, lightweight, and hexacombed pallet top that replaced heavy wooden and plastic pallet tops.

More About Paper Pallet Market Report

Future Market Insights, in this new offering, offers an unbiased analysis of the global paper pallet market, analyzing historical demand from 2014-2021 and forecast statistics for 2022-2029. The study unravels growth projections on the paper pallet market on the basis of size (42 inch x 42 inch, 44 inch x 44 inch, 48 inch x 40 inch, and 48 inch x 45 inch), product (two way pallet and four way pallet), pallet structure (honeycomb, corrugated, and hybrid), and end-use industry (food and beverages, pharmaceuticals, cosmetics & personal care, electric & electronics, healthcare, and automotive) across seven major regions.

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Frequently Asked Questions

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What is the growth rate of Paper Pallet Market?

Which region has highest growth rate in Paper Pallet Market?

Which region has largest share in Paper Pallet Market?

Who are the key players in Paper Pallet Market?

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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.

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 latest Market Reports: https://www.futuremarketinsights.com/reports

 

The watertight doors market worth will reach US$ 311 Mn in 2021, as per Future Market Insights (FMI) analysis. FMI projects sales of watertight doors to rise at a compound annual growth rate (CAGR) of 6.3% between 2021 and 2031.

Watertight doors market witnessed sales of nearly 77,570 units by 2021 and is poised to register year on year growth of 6.7% in 2021. As per a study by Future Market Insights (FMI), buoyancy of the global watertight doors market can be attributed to-

• Optimistic outlook of coastal and marine tourism
• Surging rate of ocean-based activities
• Rising focus on ship repair and maintenance
• Flourishing seaborne transportation and trade

The market exhibited a CAGR of 2.9% between 2016 and 2020. Despite impeded growth amid COVID-19 outbreak, the watertight doors market exhibited 6.7% year-on-year growth between 2020 and 2021.

Amid soaring competition, the top five players comprising, MML Marine Limited, REMONTOWA HYDRAULIC SYSTEMS Sp. z o.o., AdvanTec Marine, Westmoor Engineering Ltd., SeaNetGroup are expected to account for 10% of watertight doors market in 2021.

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Federal initiatives to promote marine safety have worked in favour of high-scale production of marine components, such as watertight doors. For instance, the Government of Canada is introducing additional measures for enhancement of navigation safety and emergency response in the Canadian waters.

The measures were presented in the form of an official announcement and acknowledged as a part of Canada’s ‘Oceans Protection Plan’. On 14^th June 2018, the U.S. Coast Guard announced two workforce initiatives in line with the ‘Marine Safety Program’. Particulars as such provide enough credence to the promising outlook of watertight doors market in 2019 and beyond.

“Investments in various forms of sustainable tourism, including coastal and marine tourism, is underway. This, in turn, has resulted in augmented production of marine vessels and associated components for safety, such as watertight doors. Rising vigor of ocean-based industries, such as offshore exploration and production, is supporting growth of offshore marine vessels and related components, including watertight doors”, says an analyst at FMI.

The report opines cruise ship revitalization and overhauls to be a prominent trend with profound influences on sales of watertight doors. The increasing demand for upgrading older ships by including advanced amenities and components is complementing the growth of building and repair activities, favouring high-scale production and sales of watertight doors.

As per the report, installation of hinged watertight doors is proliferating at an impressive rate, with global sales likely to cross 71,000 units in 2019. Robust watertight seal withstanding adverse conditions remains a key USP enhancing the visibility of hinged watertight doors over the sliding variants.

According to the report, end-users remain biased toward hydraulic as a viable source over electric ones in the watertight doors landscape, with global sales estimated to exceed 71,348 units in 2019. Hydraulic watertight doors have been traditionally employed in commercial and military vessels alike, owing to their attribute of greater power delivery through smaller force. Additionally, relatively higher control accuracy in light of simple push buttons and levers employed, and economic benefits owing to fewer moving parts equipped, are key demand determinants of hydraulic watertight doors.

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Manufacturers Seek Approvals From Renowned Organizations To Boost Credibility

The manufacturing framework of watertight doors witnesses major reformations in the light of evolving environmental concerns. Manufacturing companies are switching to sustainability-driven approaches, wherein production processes and value creation for the environment remain closely associated. Manufacturers of watertight doors are seeking approvals from prominent organizations providing marine classification, such as International Association of Classification Societies (IACS), to boost consumer confidence and get repeat sales

Leading manufacturers of watertight doors are vying to offer distinguishable products to gain competitive advantages amid homogeneous competitors, which will help them strengthen their brand equity. Sensing the end-user shift toward high convenience and superior functionality, manufacturers of watertight doors remain focused on offering maintenance free and easy-to-install products for seamless operations on board.

According to the report, the leading manufacturing companies are reinvigorating their technical know-how with high investments in research and development. This, in turn, is fostering their capabilities in terms of offering an ideal amalgamation of intelligent designs, enhanced longevity, and improved usability. Moreover, manufacturers are incorporating industry best drive systems in their products to offer reliable and safe products bolstering end-user convenience. As per FMI analysis, the industry giants remain involved in strategic collaborations with shipyards for seamless supply, which helps them boost their profit margins.

Watertight Doors Market: Segmentation

Product Type:

• Hinged Watertight Doors
• Sliding Watertight Doors

By Source:

• Hydraulic Watertight Doors
• Electric Watertight Doors

By Type of Vessel:

• Commercial
• Oil & Chemical Tankers
• Bulk Carriers
• General Cargo
• Container Ships
• Gas Carriers
• Offshore Vessels
• Passenger Ships & Ferries
• Mega Yachts and Other Vessels
• Military

By Region:

• America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)

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The FMI report traces brimming opportunities in the watertight doors market for the forecast period of 2021-2031. As per the report, the watertight doors market is envisaged to grow at a volume CAGR of over 5.5% through 2031.

Key Points Covered in Watertight Doors Market Research

• Market Estimates And Forecast 2021 – 2031
• Key drivers and restraints impacting the market growth
• Segment wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on watertight doors Market And How to Navigate
• Recommendations on Key Winning Strategies

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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With a key focus on the development of new technologies, in line with stringent government regulations aimed at emission control, the demand for efficient automotive exhaust manifold systems is estimated to grow at a rather modest rate, in 2019, as indicated by Future Market Insights (FMI) in a recently published market intelligence report. As per the analysis, the global sales of automotive exhaust manifold systems is estimated to be valued at US$ 8.6 Billion, by the end of 2019, representing an annual growth rate of approximately 3.5 percent, during the said period.

Future Market Insights (FMI) has forecasted the global automotive exhaust manifold market to grow with a year on year growth of 3.8% in 2022 reaching a value of about US$ 9.7 Bn by 2022 end. The exhaust manifold is an important part of automotive exhaust systems as it keeps hazardous exhaust fumes out of the vehicle and away from the occupants. The global market is anticipated to witness a considerable CAGR of 3.7% during the period of 2022 and 2026.

Apart from comprehensively studying the key dynamics shaping the growth trajectory of the global automotive exhaust manifold market, FMI study also offers in-depth segmental analysis, under several categories including material, product, engine, vehicles, fuel, and sales channel.

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Demand for clean and efficient transportation is increasing, given the environmental concerns, stringent regulations regarding carbon emissions and footprint reduction initiatives taken by several governments, globally, will predominantly drive the sales of automotive exhaust manifold systems, in the coming years, predicts FMI.

Material Advancements for Strong, Durable Automotive Exhaust Manifold Systems

Top companies operating on the global automotive exhaust manifold systems market are increasingly developing efficient, durable, and long-lasting exhaust systems for a better load bearing capacity of the engines. Advancements in science technologies (for materials) in manufacturing industries have allowed players to use newly developed materials such as alloys of stainless steel, making exhaust manifolds durable and robust under extreme pressure and temperature conditions, apart from making the vehicles much lighter.

In addition, companies are also innovating novel exhaust system technologies, in agreement with government regulations such as Euro 6C, China National Standard V and VI, Bharat Stage VI. FMI anticipates significant innovations in the automotive exhaust manifold systems market in view of such emission regulations.

Key Takeaways from Segmental Analysis

• In terms of materials, automotive exhaust manifold systems made of cast iron will gain a significant market share of approximately 64 percent, through the forecast period of 2018-2026, given the material’s contamination resistance, thermal stability and the strength needed for consistently high levels of performance and durability in several automotive application.
• However, stainless steel will gain a substantial market share, post 2022, as favorable properties such as corrosion resistance, good strength and aesthetics gain high preference.
• On the basis of vehicle type, the passenger car segment will exhibit maximum adoption of exhaust manifold systems, holding more than three-fourth of the market value share by 2026.
• In term of product type, log manifold will dominate the automotive exhaust manifold systems landscape, with approximately 85 percent market share, given the product’s longer life and efficient operations in real time working conditions.
• With nearly 88 percent market share, inline engines will exhibit maximum installations of exhaust manifold systems, given the engine’s balance compared to V line counterpart because of the equal weight distribution.
• Sales of automotive exhaust manifold systems, through OEM channel will contribute the maximum revenue, versus aftermarket fitments.
• APEJ is projected to hold a notable share in the global automotive exhaust manifold systems market, given the increasing investments by car manufacturers in developing markets and an ever-expanding urban landscape in the region.
• Eastern Europe automotive exhaust manifold systems market is also likely to witness substantial growth, with Germany and France at the fore.

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Overview of Automotive Exhaust Manifold Market Structure

The global Automotive Exhaust Manifold market is a highly consolidated one with major players such as Tenneco Inc., Faurecia SA, Katcon, S.A. De C.V., Bentler Group, Eberspächer Climate Control Systems GmbH & Co. KG, Futaba Industrial Co. Ltd, Sango Group, Friedrich Boysen GmbH & Co. KG., Sejong Industrial Co. Ltd., Westcast Industries Inc. and Yutaka Giken Company Limited accounting for significant share of the global Automotive Exhaust Manifold market.

Automotive Exhaust Manifold Market Segmentation

Sales Channel

• OEM
• After Market

By Material

• Cast Iron
• Stainless Steel

By Product Type

• Log Manifold
• Tubular Manifold

Engine Type

• Inline
• V Line

Vehicle Type

• Passenger Car
• LCV
• HCV

Fuel Type

• Passenger Car
• LCV
• HCV

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Key Insights from Competition Tracking

• Competition in the automotive exhaust manifold systems market is projected to remain significantly high with top companies contributing nearly 60-70 percent to the market. The market for automotive exhaust manifold systems is anticipated to remain consolidated over the forecast period, as per FMI.
• Demand and supply curve of automotive exhaust manifold systems is estimated to remain on the linear side, through the forecast period.
• Key companies are diligently concentrating on increasing its production so that they are able to meet the global demand for automotive exhaust manifold systems.
• Investments in research and development will increase, further driving the production of novel automotive exhaust components. Collaborative developments via a partnership with research institutes and industry players to pave the way for innovative products.
• Key players are also projected to enter in joint ventures and acquisition for strategic positioning in regional markets, while also increasing their profitability and create growth opportunities.

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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Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus gear trains, will significantly contribute to the sales of motorcycle chain sprocket, in the coming years.

Future Market Insights (FMI) has projected the global motorcycle chain sprocket market to grow with year-on-year value growth of 5.7% in 2022 reaching a value of about US$ 2,315.1 Mn by 2022 end. A chain and sprocket are employed when the distance between shafts is higher than the gearing’s intended size. A bike uses a chain and sprocket because the specified distance between shafts makes gear-to-gear meshing difficult. The chain holds the wheel sprocket and transfers the engine power into forwarding speed by turning the wheel. The global motorcycle chain sprocket market is anticipated to witness a considerable value CAGR of 6.2% during the period of 2022 and 2027.

Moreover, apart from ease of installations and servicing, lightweight feature of the chain sprockets will remain the most rewarding factor, thereby, increasing its installations in motorcycles. FMI forecasts that global motorcycle chain sprocket market revenues will reach approximately US$ 1.9 Billion, by 2019-end. The size of the market is based on estimates of the number of chain sprockets shipped, during the same time period.

“The global market for motorcycle chain sprocket continues to grow with increasing product and sales of motorcycle specifically in emerging markets, paradigm shift towards light weight vehicle components to control the automobile emission and increase the vehicle life, and flourishing aftermarket for motorcycle chain sprocket determined by factors, such as distance driven, number of vehicles in operation, and ownership time” Senior Analyst, FMI.

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Electric Bikes and Tax on Luxury Items Continue to Strain Revenue

However, several government initiatives such as the introduction of electric bikes—aimed at controlling vehicular pollution, could substantially restrict the demand for conventional motorcycles, and thereby chain sprockets used in such vehicles. China, being one of the largest markets for two-wheelers is aggressively promoting electric bikes for transportation, considering its low cost, energy efficient, emission-free systems, and no license and registration.

Tax on luxury items has considerably increased in some markets of Asia Pacific, such as India. The Indian government has increased the tax to 31 percent on conventional motorcycles with engines greater than 350cc, which in turn could slow down the sales of luxury and heavy engine capacity conventional motorcycles. Furthermore, Singapore has adopted a new system of additional registration fees (ARF), which will add more costs to conventional motorcycles and therefore, render them expensive, leading to a decrease in the sales of conventional motorcycles and adversely affect the motorcycle chain sprockets market.

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Competition to Remain Relatively High; Manufacturers Favor APEC Markets

• The top 8 companies in the global motorcycle chain sprocket market are estimated to hold approximately 16-21 percent of the overall market in terms of value.
• Tsubakimoto Chain Co., Regina Catene Calibrate Spa, Jomthai Asahi Co.,Ltd, L.G.Balakrishnan & Bros Ltd., and Rockman Industries Ltd. are some of the leading global and local manufacturers of motorcycle chain sprockets.
• While the tier-1 and tier-2 companies generate over US$ 50 Mn and between US$ 20 Mn to US$ 50 Mn through the sales of motorcycle chain sprocket, respectively, the tier-3 companies generate less than US$ 20 Mn, as per the report.
• Focus remains on manufacturing low maintenance and high efficiency motorcycle chain sprocket to improve the overall functioning and life of drive chain.
• Manufacturers are focusing on entering into long-term supply contracts with OEM of two wheelers in order to gain a strong hold in the domestic markets of APEC.
• Apart from expanding its product portfolio, manufacturers of motorcycle chain sprockets are also focusing in expanding their production or sales capacities in developing regions.
• FMI predicts heavy investments in research and development initiatives to bring innovation in the manufacturing processes to develop differentiated products.

Regionally, developing regions are expected to remain highly lucrative for new market entrants given the easy availability of raw materials and minimal infrastructure requirements combined with lack of stringent government regulations, thereby creating a favorable investment environment.

Apart from key market influencing dynamics and competitive landscape, FMI also offers an in-depth segmental analysis—on the basis of motorcycle type (standard, cruiser sports, and mopeds and others), engine capacity (up to 150 cc, 151-300 cc, 301-500 cc, and above 500 cc), chain type (standard rolling chain, O ring chain, and X ring chain), and sales channel (OEM and Aftermarket)

Market Segmentation

By Engine Capacity

• Upto 150 CC
• 151-300 CC
• 301-500 CC
• Above 500 CC

By Chain Type

• Standard Rolling Chain
• O Ring Chain
• X Ring Chain

By Motorcycle Type

• Standard
• Cruiser
• Sports
• Mopeds & Others

Sales Channel

• OEM
• Aftermarket

By Region

• North America
• Latin America
• Europe
• China
• APEC
• MEA

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Key Questions Answered in the Report

• How has the Motorcycle Chain Sprocket market evolved in the past four years?
• What shape is the Motorcycle Chain Sprocket market expected to take in terms of value during the study period?
• What are some of the prevailing market dynamics in the Motorcycle Chain Sprocket market?
• What are some of the competition developments and trends affecting the Motorcycle Chain Sprocket market?
• What are some of the underlying macro-economic and industry factors impacting the growth of the Motorcycle Chain Sprocket market?
• What are the important key challenges, opportunities and improvement factors for Motorcycle Chain Sprocket market players?
• What are the important market positioning and key strategies of key service providers as per the Motorcycle Chain Sprocket market taxonomy?
• How is the competition structured at present and how has it evolved in the Motorcycle Chain Sprocket market over the past few years?

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
LinkedIn| Twitter| Blogs

As per changing consumer buying behavior, motorcycle suspension system is gaining stature as a key performance indicator in motorcycles. The growth of the motorcycle suspension system market is directly related to the production and on-road fleet of two wheelers. Motorcycle suspension system market is anticipated to reach ~US$ 2,381.6 Mn by the end of 2029 and is expected to grow at ~4.7% CAGR in the forecast period of 2022-2029. Rising usage of motorcycles for recreational purposes is resulting in increasing demand for shock absorbers for long-distance touring.

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Motorcycle Suspension System Market​ Key Takeaways

• Establishing long-standing direct sales-supply agreements with automotive OEMs is a key winning strategy for market participants in the motorcycle suspension system market.
• A suspension system is one of the few noticeable components and is now gradually turning out to be among the deciding factors while purchasing a motorcycle.
• Suspension systems these days are being marketed as USPs of vehicles during new launches and advertisements by key players.
• Increasing recreational activities, including off-road biking, are an unevolved opportunity for market players to launch specific suspension systems to gain competitive advantages.
• Rising traffic congestion is an inescapable condition resulting in lengthy commutation time. This, in turn, is a key factor responsible for the inclination of customers towards motorcycles and is expected to subsequently contribute to the growth of the motorcycle suspension system market in the coming years.
• In the current scenario, scooters are trending as compared to conventional motorcycles, owing to their easy handling, good stability, and low price range. Scooters are being preferred by all age groups, especially aged citizens, teenagers, and females.
• Passive motorcycle suspension system technology is anticipated to remain popular across the globe in the motorcycle suspension system market.

New players at global and regional levels can reap rich benefits by focusing on replacement and aftermarket sales, riding on the new trend of retrofitting and customizing motorcycles.

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Motorcycle Suspension System Market: Segmentation

The global motorcycle suspension system market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Product

• Front Suspension
  • Telescopic Fork
  • Others
• Rear Suspension
  • Dual Shocks
  • Mono Shocks
  • Others

Sales Channel

• OEMs
• Aftermarket

Technology

• Passive
• Active/Semi-active

Motorcycle

• Standard
• Cruiser
• Sports
• Scooter
• Mopeds
• Others

Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excl. Japan
• Japan
• Middle East & Africa

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ASEAN Countries Emerging as Growth Hub for Market Players

The motorcycle suspension system market is fairly consolidated, with key market players such as Gabriel India Limited, ZF Friedrichshafen AG, Showa Corporation, KYB Corporation, and BMW Group accounting for significant share of the total market value. The participation of local companies carrying technical licensing agreements with foreign brands has substantially contributed to the development of the motorcycle production and assembly market in ASEAN countries.

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[248 Pages Report] Rapid expansion of wound management space has argued well for the growth in demand for tissue engineered skin substitutes. The global tissue engineered skin substitute market is projected for a robust 9.6% CAGR during 2022 – 2029, predominantly driven by high applicability in diabetic foot ulcers and other chronic wounds.

[193 Pages Report] Immunization and vaccination are accepted as the most cost-effective and viable method of controlling infectious veterinary diseases. Veterinary vaccines play an important role in the reduction of diseases, in both, livestock and companion animals.

Increasing awareness regarding animal health and growing demand for animal protein food products are key factors expected to augur well for the veterinary vaccines market. Veterinary vaccines are witnessing demand upsurge, globally, owing to increasing government-backed initiatives for the prevention of zoonotic diseases.

The global veterinary vaccines market is projected to be valued at US$ 9.1 Bn in 2022, and is expected to witness a CAGR of nearly 7% during the forecast period (2022–2026).

However, the coronavirus (COVID-19) pandemic has exposed the market to several uncertainties. With initial speculations blaming meat products for the transmission, the veterinary vaccines market witnessed a slowdown. That being said, further investigations have revealed that, meat consumption is not responsible for the COVID-19 contagion. As such, the veterinary vaccines market is gradually coming back on track, backed by increasing demand for animal-based products such as eggs, milk, and meat.

“Development of new and effective veterinary vaccines such as recombinant vaccines for infectious, parasitic, and metabolic diseases, and increasing animal disease eradication programs, will boost the growth of the veterinary vaccines market over the coming years.”

Key Takeaways of Veterinary Vaccines Market Study

• Attenuated live vaccines emerged as the largest segment by product, representing around 24% revenue share in veterinary vaccines market in 2021. Attenuated live vaccines are effective and are widely preferred for the treatment of animal diseases; they are expected to exhibit significant growth over the forecast period.
• By disease, the foot & mouth disease accounted for the highest revenue in 2021. High prevalence of foot & mouth disease is anticipated to drive demand for veterinary vaccines, worldwide.
• Veterinary clinics hold over 2/5 share of the veterinary vaccines market value, owing to increasing number of veterinary clinics.
• Based on species, livestock animals account for a leading revenue share in the veterinary vaccines market, owing to higher demand for livestock vaccines for better quality of meat and processed meat export.
• Cumulatively, North America and Western Europe contribute over 58% share in the global veterinary vaccines market, with North America leading the pack in terms of revenue share.

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Acquisition a Prominent Strategy Adopted by Veterinary Vaccine Manufacturers

The acquisition strategy helps in complementing the vaccine portfolio that adds significant value to an organization. For instance, in June 2016, Boehringer Ingelheim International GmbH signed an agreement with Sanofi’s animal-health business (Merial). In July 2018, Zoetis acquired Nexvet Biopharma. This collaboration strengthened the development platform of mAb therapies and added new alternatives to treat osteoarthritis in companion animals.

Want more insights?

Future Market Insights brings a 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 2014 to 2026. The global 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 on the veterinary vaccines market on the basis of product (attenuated live vaccines, conjugate vaccines, inactivated vaccines, subunit vaccines, toxoid vaccines, DNA vaccines, and recombinant vaccines), disease (anaplasmosis, canine parvovirus, foot & mouth disease, new castle disease, distemper disease, influenza, porcine reproductive & respiratory syndrome (PRRS), and others), distribution channel (veterinary clinics, veterinary hospitals, veterinary research institutes, and retail pharmacies), and species (companion animals, companion animals, and equine), across seven major regions.

Key Segments of Veterinary Vaccines Industry Survey

By Product:

• Attenuated Live Vaccines
• Conjugate Vaccines
• Inactivated Vaccines
• Subunit Vaccines
• Toxoid Vaccines
• DNA Vaccines
• Recombinant Vaccines

By Disease:

• Anaplasmosis
• Canine Parvovirus
• Foot & Mouth Disease
• New Castle Disease
• Distemper Disease
• Influenza
• Porcine Reproductive & Respiratory Syndrome (PRRS)
• Others

By Distribution Channel:

• Veterinary Clinics
• Veterinary Hospitals
• Veterinary Research Institutes
• Retail Pharmacies

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By Species:

• Companion Animals
  • Canine
  • Avian
  • Feline
• Livestock Animals
  • Aquatic
  • Bovine
  • Porcine
  • Ovine/Caprine
  • Poultry
• Equine

About 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.

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[262 Pages Report] As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global liquid biopsy market is expected to reach a market valuation of US$ 1,026 Mn in 2021.

With the introduction of innovative molecular diagnostic tests and growing demand from biotech and pharmaceutical companies, the market is poised to expand at a stellar 13.49% CAGR, reaching US$ 3,637 Mn by 2031.

Germany, India, and China will emerge as high growth potential markets, with increasing investments by the government for improving the healthcare infrastructure, which will create attractive opportunities to global biotech players for market expansion.

Growth of the liquid biopsy market is attributable to rising incidence of cancer across several countries, which is highlighting the pressing need for faster, simpler, and more convenient diagnostic procedures. Liquid biopsy procedures are minimally invasive and cost-effective, which is making them a favorable choice for cancer diagnosis procedures.

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“Increasing incidence of cancer, coupled with incorporation of latest technology in liquid biopsy for faster and more convenient diagnosis will continue to augment the market growth throughout the forecast period,” says the FMI analyst.

Besides this, increasing government-backed initiatives to support cancer research across the U.S., Japan, India and the UK will drive innovation and developments in liquid biopsy services. Also,  fast track approval from regulatory bodies for novel procedures will bolster the growth over the coming years.

Additionally, technological advancements such as the incorporation of machine learning and microchip-based liquid biopsy systems will further strengthen growth prospects in the market.

As per the market survey, counties including the U.S., the U.K, and Japan will be at the forefront of innovation and adoption of liquid biopsy services, owing to the presence of leading players and prevalence of numerous high-potential cancer research institutes.

Key Takeaways from the Liquid Biopsy Market Analysis

• Based on markers, circular tumor cells (CTC) are poised to emerge dominant in the forthcoming years.
• Blood samples will emerge as the most preferred sample type
• In terms of applications, liquid biopsy will be widely preferred for lung cancer diagnosis.
• Cancer institutes are expected to remain dominant end users, accounting for over 40% of the total revenue share.
• The U.S. will showcase high growth during the forecast period, due to the presence of major liquid biopsy product manufacturers.
• The U.K. will emerge as an avenue for product innovations and development, further solidifying growth prospects.
• Japan is anticipated to witness upswings in sales, owing to government-led cancer research initiatives.
• India is expected to showcase high demand for liquid biopsy products, owing to the increased funding by government and expansion of healthcare infrastructure.

Competitive Landscape

BIOCEPT, INC., Qiagen N.V., Trovagene, Inc, Janssen Global Services, LLC, MDxHealth SA, Natera, Inc, F. Hoffmann-La Roche Ltd, Silicon Biosystems, Pathway Genomics Corporation, and Sysmex Corporation are among top manufacturers of liquid biopsy products, as profiled by FMI. As per the market survey, tier-1 companies are anticipated to account for approximately 20-25% of the total market share.

Strategic collaborations, partnerships, and product innovations are some of the prominent growth strategies applied by leading market players to establish a strong foothold in the liquid biopsy market. For instance:

• In June 2021, Biocept Inc., collaborated with Quest Diagnostics, a New Jersey-based clinical laboratory, to offer laboratory services to Quest patients for its Target Selector NGS-based liquid biopsy lung cancer panel.
• In February 2021, Menarini Silicon Biosystems, a leading developer of liquid biopsy and single-cell technologies, launched its innovative CellMag product line for staining and detection of rare circulating tumor cells (CTCs).

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More Insights into the Liquid Biopsy Market Report

In its latest report, FMI offers an unbiased analysis of the global liquid biopsy market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of marker type (circulating tumor cells (CTC), circulating tumor nucleic acids (cTNA) and exosomes), sample type (blood, urine and other including plasma, saliva and CSF), application type (lung cancer, gastrointestinal cancer, prostate cancer, colorectal cancer, leukemia), end-users (hospitals, cancer institutes, academic institutes, and diagnostic centers) and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Liquid Biopsy Market by Category

By Marker Type:

• CTCs (Circulating Tumour Cells)
• ctNA (Circulating tumor Nucleic Acids)
• Exosomes

By Sample Type:

• Blood
• Urine
• Others (Plasma, Saliva, CSF)

By Application Type:

• Lung Cancer
• Gastrointestinal Cancer
• Prostate Cancer
• Breast Cancer
• Colorectal Cancer
• Leukemia

By End-Users:

• Hospitals
• Cancer Institutes
• Academic Institutes
• Diagnostic Centers

About 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 8-years.

Contact Us:
Future Market Insights,
Unit No: 1602-006,
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Plot No: JLT-PH2-X2A,
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