Coffee Bean Grind Machine Market is Likely to Expand at a CAGR of 8.7% During the Forecast Period of 2022-2032 | FMI

The active use of the Internet has guided consumers’ confidence in e-Commerce websites and online sites, where coffee bean grinders of various configurations are available at affordable prices. The growing demand for fresh coffee experiences has also been noted to boost sales of coffee bean grinders. As a result, coffee bean grinders market is set to witness a CAGR of 8.1%- 8.9% during 2021-2031.

What is Driving Demand for Coffee Bean Grinders Market?

Coffee bean grinders are gaining traction among coffee lovers due to the importance of enhancing its taste attributes. The demand for coffee bean grinders of various sizes and shapes remain influenced by requirements of the target audience or application making use of it.

In addition, manufacturers are offering different types of coffee bean grinders due to the increasing demand for personalized products based on its usage in different parts of the world. The increasing penetration of coffee bean grinders in the residential segment along with cafes and restaurants is expected to achieve tremendous growth in the market during the forecast period.

New Features Complementing the Coffee Bean Grinders Market Sales

Manufacturers of coffee bean grinder machines strive to integrate new features and improved solutions for better customer satisfactory experiences and indulgence. The growing consumer trend for programmable coffee bean grinder machines is one of the major trends in the coffee bean grinders’ market space. Fast-running times with less inconvenience have triggered a huge shift towards electronic coffee bean grinders.

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In addition, the coffee bean grinder industry is investing heavily in research and development activities to improve the automation features in super automatic coffee bean grinders to increase their convenience among coffee addicts.

US and Canada Coffee Bean Grinders Market Outlook

In the U.S, the coffee bean grinders market is booming over the past few years and is expected to rise owing to increasing urbanization and establishment of IT parks at the rapid pace which is expected to boost consumption of coffee beverages and hence coffee bean grinders.

Moreover, rising number of coffee outlets and cafes offer strong growth potential in the commercial sector. This is expected to create opportunities for the coffee bean grinders market.

In addition, the rapid growth of the e-commerce industry in the region creates lucrative market opportunities for producers to enter the market to gain a competitive market share, thus leading to product demand.

Europe Demand Outlook for Coffee Bean Grinders Market

Europe is expected to be the dominant region in the global coffee bean grinder market as manufacturers are focusing exclusively on offering energy efficient products. European regulations designed for home appliances are focusing on reducing GHG (greenhouse gas) emissions and power consumption.

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The increase in domestic and international tourism and the expansion of restaurants and food service centers in different countries in the European region are expected to increase the demand for coffee bean grinders. Further, due to the continuous development of coffee culture around the world, vendors are offering a wide variety of coffee, thereby purchasing the best technology in their machines, which is expected to create market opportunities for coffee bean grinder’s manufacturers in the European market.

Who are the Key Manufacturers of Coffee Bean Grinders Market?

Some of the leading manufacturers of Coffee Bean Grinders Market include

  • KitchenAid
  • Baratza
  • Capresso
  • BLACK+DECKER
  • Hamilton Beach
  • KRUPS
  • Gourmia, Inc.
  • Quiseen
  • JavaPresse Coffee Company
  • Capresso, Cuisinart
  • Baratza
  • Bodum

Coffee Bean Grinders Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

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Key SegmentsBy Product Type: 

  • Electric Burr Grinders
  • Electric Blade Grinders
  • Manual Grinders
  • Other Product Types

By Machine Type:

  • Fully Automatic Coffee Bean grinder
  • Super Automatic Coffee Bean grinder
  • Semi-Automatic Coffee Bean grinder

By End-Use Industry:

  • Commercial
    • Hotel
    • Restaurant
    • Café
    • Institutional
  • Residential

By Sales Channel:

  • Hypermarkets/Supermarkets
  • Independent Stores
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Direct Sales
  • Other Sales Channel

By Region:

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

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Cryogenic Systems Market Set to Witness an Uptick Size USD 25.5 Bn to 2032: Future Market Insights, Inc.

The global Cryogenic Systems market is valued at US$ 12.9 Bn in 2021 and is expected to reach US$ 25.5 Bn by 2032, expanding at a CAGR of 6.5% between 2022 and 2032. According to Future Market Insights, market research and competitive intelligence provider, global Cryogenic Systems consumption has increased at a CAGR of roughly 5.1% between 2017 and 2021.

The increased demand for Cryogenic Systems across a wide range of industries, including electronics, healthcare, and power generation, has resulted in a rapid growth rate in the Cryogenic Systems market. Furthermore, due to rising LNG production and strong demand for gases in the healthcare sector, the use of cryogenic systems is expected to increase in the coming years.

The growing demand for cryogenic gases for medical applications will drive market expansion in the coming years. Oxygen gas, for example, is in high demand in the medical business owing to the diagnosis of respiratory illnesses. Growing medical infrastructure and extensive application across a variety of sectors are projected to drive market growth in the next years.

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Key Takeaways from Market Study

  • Cryogenic Systems market is estimated to reach a valuation of US$ 13.6 Bn in 2022
  • The market is projected to grow at a CAGR of 6.5% during 2022 – 2032
  • LNG being the highest revenue-generating cryogen, is expected to register a market growth of 7.8%
  • Cryogenic Systems revenue through Energy and Power is projected to expand at a CAGR of 5.7% during the period of projection
  • The U.S. is expected to account for nearly 30% of the global Cryogenic Systems demand by 2032

Industries such as aircraft, transportation, and railroads have a high demand for Cryogenic Systems, and this trend is expected to continue in the coming years. Improvements in Cryogenic Systems insulation methods are actively contributing to market growth.

Several governments throughout the world have planned to phase out coal-based electricity by 2020 in order to reduce greenhouse gas emissions. For the reasons stated above, several nations have begun to reduce their reliance on coal and increase their use on natural gas for energy and power generation. Liquefied natural gas (LNG), which contains various segments of Cryogenic Systems such as tanks, is more pleasant to transport and is expected to boost the market throughout the projection period.

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Market Segments Covered in Cryogenic Systems Market Analysis

By Cryogen:

  • Nitrogen
  • Oxygen
  • Argon
  • LNG
  • Other Cryogen

By End Use:

  • Energy & Power
  • Chemicals
  • Metallurgy
  • Electronics
  • Shipping
  • Other End-Use

By Region:

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA

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Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters Market

The global solar inverter market is set to reach a valuation of US$ 11 Bn in 2022. Sales in the market are forecast to increase at a 6% CAGR over the forecast period. Increasing usage of solar panels and renewable energy will augment the growth in the market. Hig adoption of solar inverters in the residential, commercial, industrial and utilities will continue driving sales in the market.

Over the past years, manufacturers are expanding their product lines with new technological advancements in inverter technologies. As solar energy utilisation in photovoltaic systems is mostly dependent on the inverter, solar inverters are potentially beneficial for lowering global warming and greenhouse impact.

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Micro inverters are gaining popularity due to heavy usage in most applications. Microinverters work in the same way as string inverters, except they are put beneath each solar panel on your roof. Each of these microinverters is roughly the size of a router. New electrical rules demand quick solar system shutdown to protect first responders and firemen from excessive voltage when on roofs or maintaining power lines. Microinverters meet these requirements for quick shutdown and have this capability built into each module.

“Increasing awareness regarding energy-efficient household equipment, along with stringent regulations pertaining to carbon emissions and energy consumption will drive sales of solar inverters,” says an FMI analyst.

Key Takeaways:

  • Based on product type, demand in the central inverters segment will create an absolute dollar opportunity of more than US$ 6.4 Bn over the forecast period.
  • By end-use, the residential segment is forecast to create an absolute dollar opportunity of US$ 4.1 Bn over the assessment period.
  • Total sales in the U.S. market are expected to increase at a 5.2% CAGR through 2032.
  • Japan will emerge as a lucrative pocket, with demand growing at a 6% CAGR over the forecast period.
  • The India solar inverter market will expand at a 7% CAGR through 2032, surpassing a valuation of US$ 827.2 Mn.

Competitive Landscape

The solar inverter market is consolidated with leading players holding around 80%-85% of the total market share. These players are likely to invest in new technology development and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include Siemens AG, Fimer Group, SMA Solar Technologies, Eaton, ABB Ltd, Schneider Electric, and others.

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Driving the U.S. Solar Inverter Market

“Increasing Awareness Regarding Renewable Energy in the U.S. Will Drive Sales of Solar Inverters”

In 2022, the solar inverter market in the U.S. is predicted to expand at a  5.2% CAGR. The development of new and innovative products by manufacturers operating in the U.S. will augment the growth in the market. According to the study, total sales in the U.S. market will reach US$ 2.7 Bn by the end of 2032.

Japan Solar Inverter Market Faring

“Growing Demand for Solar Inverters in Japan Will Fuel Growth”

Japan is predicted to account for a dominant share in the East Asia solar inverters market, with sales projected to increase at a 6.0% CAGR. The presence of some of the world’s largest manufacturers along with the implementation of stringent regulations regarding energy consumption in the country will boost sales in the forthcoming years. The Japan market will surpass a valuation of  US$ 786 Mn by 2032.  

Demand for the Solar Inverters is Rising in India

“Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters”

As per FMI, sales in the Indian market are anticipated to rise at a 7% CAGR over the forecast period. High demand for energy-efficient inverters in India is expected to augment the growth in the market in the forthcoming years. By the end of 2032, total demand in India will exceed a valuation of US$ 827.6 Mn.

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Global Solar Invertor Market by Category

By Type:

  • Central Invertor
  • Micro-Invertor
  • String Invertor

By System Type:

  • Off Grid
  • On Grid

By Phase:

  • Single Phase
  • Three Phase

By End-Use:

  • Residential
  • Commercial and Industrial
  • Utilities

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia Pacific
  • The Middle East and Africa

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Explore Our Trending Reports of FMI’s Industrial Automation Market Insights Landscape

Lead Acid Battery Market Size –  North America is anticipated to be the largest market for lead acid due to the matured and developed automobile sector in the region. The presence of leading automobile companies, such as Toyota, Ford motor company, General Motors,

Solar Microinverter Market Size – Global demand for solar microinverter is expected to at a CAGR of 18.1% from 2022 to 2032, reaching a valuation of US$ 5,716.0 Mn by 2032

Biocomposites Market Size – According to Future Market Insights, the global demand for biocomposites is projected to increase at a prolific CAGR of 16% during the forecast period between 2022 and 2032.

Industrial Safety Footwear Market Size – The increasing rate of ergonomically designed safety shoes is one of the latest protective shoe market trends. Ergonomically designed footwear has a more significant influence on body weight and movement, which if not implemented can lead to several health issues accompanied by comfort and fitness issues.

Powered Lawn Mowers Market Size – During the forecast period, a rapid growth rate in the market for powered lawn mowers in North America is anticipated with a market share of 34.0% in 2022.

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Surge Arrester Market Overview by Product Type, End-Use, Application, Voltage & Region And Forecast 2022 – 2032

The global surge arrester market is expected to reach US$ 1.5 billion in 2021, representing a 4.1 percent year-on-year increase. Surge arrester sales are predicted to grow at a CAGR of 5.0 percent, reaching a valuation of US$ 2.6 billion by 2032.

Growth can be ascribed to rising global energy demand, growing industrialization, and improved urban infrastructure. Furthermore, rising investments in smart cities are likely to fuel surge arrester demand in the future years.

Increased machine utilization and demand for high-quality products in various industries, as well as the integration of smart devices into machinery, are some of the factors driving the Surge Arrester Market in the industrial automation industry. Automation is being implemented in industries to boost productivity and lower labour expenses. FMI delivers deep market insights for Market players to use in developing long-term plans to keep their competitive advantage in the industry.

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Our analysts use primary and secondary research, as well as a wide range of data sets obtained from organic and inorganic sources, to produce forecasts for the following decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

The COVID-19 outbreak has been posing staggering challenges for the industry. Like other industries, the industrial automation industry has been particularly affected due to the lack of equipment and availability of the products. Furthermore, dearth of labor, factory closures, and supply restrictions induced by the pandemic crisis resulted in slight setback in 2020.

Lack of human assistance and key player’s hesitation in investing for high-end machineries during the pandemic has negatively impacted the industrial automation industry in 2020. However, with relaxation in lockdown, the Surge Arrester Market has picked up the pace.

The FMI’s recent report talks about the Market scenario in the chapter on the Covid-19 impact analysis to aid the Market players for the upcoming years. The report gives a detailed Market analysis surrounding the Market condition and its impact on the Surge Arrester Market.

Key Questions Answered in the Report

  • What are the key trends and challenges that will affect global Surge Arrester Market in upcoming years?
  • What are the factors that will influence the Surge Arrester Market demand?
  • Which region will be the most lucrative for Surge Arrester Market throughout the forecast period?
  • How will evolving regulatory policies impact the Market growth?
  • What is the impact of Covid-19 on the Surge Arrester Market?

Surge Arrester Market: Segmentation

Detailed analysis on the geographical region and country wise insights are offered in the latest Surge Arrester Market report with established Market players as well as incumbents in the region.

On the basis of voltage type, global surge arrester market can be segmented as:

  • High voltage surge arresters
  • Medium voltage surge arresters
  • Low voltage surge arresters
  • B class
  • C class
  • D class

On the basis of housing type, global surge arrester market can be segmented as:

  • Polymeric
  • Porcelain
  • Silicon
  • Polymer Intermediate

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Competitive Analysis

By Prominent Market Players

  • ABB
  • Siemens
  • Hubbell Incorporated
  • Schneider Electric
  • CG Power & Industrial Solutions Ltd.

With a detailed segmentation on segments and sub-segments, the FMI’s study offers the strengths, weaknesses, growth prospects and opportunities of each player. The report also includes important Market study including the historical revenue prospects, pricing strategy, and Marketing strategy adopted by these players in the Surge Arrester Market

Why Future Market Insights?

  • Comprehensive analysis on evolving purchase pattern across different geographies
  • Detailed insights of Market segments and sub-segments for historical as well as forecast period
  • A competitive analysis of prominent players and emerging players in the Surge Arrester Market
  • Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
  • Ground breaking research and Market player-centric solutions for the upcoming decade according to the present Market scenario

About Future Market Insights (FMI)

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

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Cowboy Boots Market is Anticipated to Grow at 6.9% CAGR over 2022-2032

The global cowboy boots market is set to witness an impressive growth rate of 6.9% over the forecasted years of 2022 to 2032. The cowboy boots market size is anticipated to reach a valuation of around US$ 462.8 Million by the end of year 2032 by increasing from the current valuation of US$ 237.5 Million in 2022.

Current fashion preferences among young people worldwide as Western culture becomes more prevalent can be regarded as the major factor for the acceptance of cowboy boots as a trending product.  With the development of telecommunication and transportation technologies, cultural barriers are rapidly dissolving, and supply of cowboy boots are already witnessed all over the world.

Demand for cowboy boots has increased as a result of an increase in specialized and franchised shoe stores, as well as partnerships between shoe manufacturers and other retail chains. In the upcoming years, the cowboy boots sector is expected to benefit from a variety of rising trends in a number of different regions other than USA. The global cowboy boots market may also be impacted by product developments made by new market participants, such as alligator boots that is a redesign of an existing model.

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Rising income and the shift in general fashion sense of youths is also regarded to be one of the prominent factors for the development of cowboy boots market in Asia Pacific and Eastern European countries.

Key Takeaways from Cowboy Boots Market Study

  • The overall growth of the global cowboy boots market is estimated to be around US$ 225 Million over the forecast decade covering the years 2022 to 2032, by following the average CAGR of 6.9%.
  • The year-on-year growth of the overall market during the years covering 2016 to 2021 was figured out to be slightly lower, that is 6.3%, than that is predicted for the coming years.
  • Western boots are the most attractive segment for the cowboy boots market players having a demand of up to 35% of the total.
  • According to the application, Women cowboy boots segment is growing at a faster rate than the men’s cowboy boots segment as per the new market research report.
  • North America captures the largest market share of the target market that is nearly 30% as per the cowboy boots market survey report released by FMI.
  • European region or countries together contributed for almost 13% of the overall market sales achieved in the year 2022.
  • Asia Pacific is the fastest growing market with respect to demand for cowboy boots by the younger generation.

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Competitive Landscape for the Cowboy Boots Market

Some of the well-known packaging market players are Ariat, Stetson, Wolverine, Rocky, Justin Boots, Laredo, Lucchese, Old Gringo, Roper, and Tony Lama among others.

Businesses dealing in cowboy boots also compete on a range of other factors, such as new product releases, pricing, materials selection, and promotional efforts, to gain a competitive edge over their rivals in the marketplace. Often, renowned cowboy boots market players use social media and online marketing to let customers know when new products are launched that helps them to gain much demand in a very short period of time. E-commerce websites have seen significant growth in past couple of years and is one of the favored channels for the cowboy boots market’s key participants in present time. 

Recent Developments in the Global Cowboy Boots Market:

  • Givenchy, Céline, and sometimes even Chanel embraced the look for their fall/winter 2022 shoe ideas, pairing them with skirts, tweed suits, and embroidered items to lend the traditional cowboy boots a fresh look and new life in the global market.

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Cowboy Boots Market by Segmentation 

By Type:

  • Western Boots
  • Work Boots
  • Riding Boots
  • Walking Boots

By Application:

  • Men
  • Women

By Region:

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

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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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Docking Station Market is Anticipated to Expand Steadily at a CAGR 6.4% Value, During the Forecast Period 2022-2032

The docking station market is expected to grow at a value of 6.4% CAGR, according to Future Market Insights. In 2021, this market was predicted to have a global valuation of US$ 1,402 Million, and is expected to reach a sum of US$ 2800 Mn by 2032. A docking station is a type of electrical equipment used to connect portable computers or other electronic devices to other devices. It is widely used in a range of devices such as laptops, hard drives, mobile phones, and so on.

The docking station is built specifically for a model of product due to the presence of several types of connectors in the device. It has multiple slots for storage devices, mobile phone charging, and peripheral devices like printers and displays. Because of their less difficult wiring systems and innovative technology, consumers all over the world favor them.

The growing popularity of the Bring-Your-Own-Device (BYOD) workplace environment, which aims to reduce costs while increasing flexibility and efficiency, can be attributed to the industry’s growth. Furthermore, the rising demand for quicker data transmission is driving up demand for the aforementioned computing devices.

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People all over the world are increasingly turning to digital media for a number of purposes because it saves time and enables them to access information from any location, at any time. The increasing reliance on the digital economy will drive up demand for docking stations in the coming years.

However, bluetooth technological advancements, such as the introduction of mesh networking, may stymie the industry’s growth. Furthermore, the global brand awareness afforded by bluetooth technology is expected to assist the development of richer solutions with a shorter time to market, hence negatively impacting demand in the global market.

The North American market would be the most volatile market during the forecast period. The increased interest in e-sports among millennials and young people in the region is driving up demand for docking stations. These consumer trends are likely to drive up demand for PCs, laptops, and cellphones, as well as docking stations. Because of the quickly expanding IT sector in nations such as Canada and the United States, the widespread use of docking systems has expedited the regional market’s rapid expansion.

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Key Takeaways from the Market Study

  • In 2022, the global docking station market is estimated to have a global market size of US$ 1505.5 Mn.
  • By product, the laptops segment is expected to gain a 72% market share in 2022.
  • By connectivity, the wired segment is projected to acquire a global market valuation of 71.5% in 2022.
  • By distribution channel, the online segment will acquire 58.2% share in 2022.
  • The North American market for docking stations will expand with a market share of 37.8% in 2022.
  • The APAC docking station market is expected to grow with a 4.5% CAGR during the forecast period.
  • The European region is projected to grow with a 5.9% CAGR during 2022-2032.

Competitive Landscape

The leading companies in the sector compete aggressively, as several of them are top technology manufacturers and also deal in docking stations. These companies have a huge client base due to the availability of strong and comprehensive distribution networks to service both regional and international consumers. Because the majority of major firms have a global presence, they have a large impact on the market. Major corporations are striving to increase their global market presence by creating partnerships with existing distributors in new markets.

  • Lenovo provides a wide range of docking stations designed specifically for its Thinkpad line. Customers can benefit from improved interoperability on both USB-C and ThunderboltTM-enabled laptops thanks to Intel® ThunderboltTM technology embedded into these docking stations. They can boost productivity by connecting to several 4K panels with a single-cable docking solution for 40 Gbps high-speed data (max). The single cable can also be used to charge ThinkPad laptops (65W) and ThinkPad Mobile Workstation computers (170W).
  • In January 2022, ASUS introduced the Two 4K USB-C Dock, a brand-new and ultra-compact 5-in-1 docking station featuring dual 4K display outputs, 10 Gbps transfers over USB-C® and USB Type-A, 100-watt Power Delivery passthrough, and Gigabit Ethernet. The Dual 4K USB-C Dock, built as a successor to the well-known ASUS Mini Dock, provides improved battery life, more advanced display outputs, and quicker data transfer speeds, allowing busy modern professionals to connect and get to work quickly and easily.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global docking station market, presenting historical analysis from 2016 to 2021 and forecast statistics for the period of 2022-2032.

the study reveals essential insights on the basis of product (laptops, smartphones and tablets, others), of connectivity (wired and wireless), of distribution channel (online, offline) and region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

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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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Hand Sanitizer Spray Pen Market is Expected to Reach a Industry Share of US$ 11.36 Bn in 2032

The hand sanitizer spray pen market is likely to register a CAGR of 11% during the forecast period, and is anticipated to reach a market share of US$ 11.36 Bn in 2032, from US$ 4 Bn in 2021, due to its convenient packaging which makes consumers carry it easily.

Consumers have made health and hygiene a very significant part of their lives due to the necessity of cleanliness and keeping excellent health not just for themselves, but also for social reasons, which has boosted demand for hand sanitizer spray pen.

Hand hygiene goods, in particular, have acquired relevance in customers’ minds over the last decade, and as a result, manufacturers are recognising this and making advertisements with such concepts to promote awareness and increase usage of such things, encouraging sales of hand sanitizer spray pen.

As healthy hands are so essential to consumers, several firms in the market are supporting this shift in consumer behavior, and goods such as hand sanitizers have entered the market. There are numerous product improvements introduced by manufacturers for the convenience of consumers based on their usage habits, to boost the demand for hand sanitizer spray pen.

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Sales of hand sanitizer spray pens are high, as they are a newly developed hand sanitizer device that has gained popularity due to its ease of use by any user, whether male, female, or child. Males may easily carry me in their pockets, while females can carry me in their handbags or clutches.

What drives the Hand Sanitizer Spray Pen Market

Due to its simple packaging, which allows customers to carry it effortlessly, the hand sanitizer spray pen market share will show robust growth across the health and hygiene industry.

In comparison to the traditional sanitizer bottle, where it is often impossible to control the pore, innovative and new generation hand sanitizer spray pens are designed to administer a pre-measured dosage of sanitizer in each spray for effective germ kill, which boosts the demand for hand sanitizer spray pen.

Most cosmetic firms are relying on pen-shaped applicators and solid stick formats to provide mess-free on-the-go options for consumers who want to perfect their look swiftly, contributing to the sales of hand sanitizer spray pen. Pen-shaped packaging is becoming more popular than other formats due to its ease of application and portability.

What are the Trends in the Hand Sanitizer Spray Pen Market

The rise in demand for hand sanitizer spray pens over soaps, normal sanitizers, and hand wash is due to a shift in consumer lifestyles and a shift toward the acceptance of convenience items. Consumers understand the necessity of hand cleanliness and the efficiency of hand sanitizer spray pens in preventing germs and bacteria, impacting sales of hand sanitizer spray pen profitably.

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The personal health and hygiene market is expanding in all regions. Consumers in all regions are eager to try out new, cost-effective products, which leads to higher sales of hand sanitizer spray pen.

According to the World Health Organization’s (WHO) standards on hand hygiene, an alcohol-based hand sanitizer spray pen is more effective than ordinary soap and water in preventing the spread of bacteria, which is causing a shift in consumer perception.

What is the Regional Outlook of the Hand Sanitizer Spray Pen Market

Due to the importance of hand hygiene in the minds of consumers, the hand sanitizer spray pen market is likely to develop at a healthy rate across all geographies during the forecast period. Health and hygiene goods are becoming more popular around the world, which is anticipated to drive demand for hand sanitizer spray pens due to their low prices.

Due to the lucrative expansion in the sector, rising nations are likely to create large sales of hand sanitizer spray pen. The Asia Pacific area offers substantial market growth for hand sanitizer spray pen, and the hand sanitizer spray pen market share is predicted to expand at a relatively high rate due to increasing population and adoption of innovative goods among Asian consumers.

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What is the Competitive Outlook of the Hand Sanitizer Spray Pen Market

Some of the major players in the hand sanitizer spray pen market are

  • Purell
  • Soaptronic LLC
  • Walgreen Company
  • UCLA Bruins
  • GlaxoSmithKline plc
  • Sanell
  • Others

These prominent industry players are expected to boost hand sanitizer spray pen market share growth

Manufacturers of hand sanitizer spray pens have a plethora of new prospects. To maintain consistent sales of hand sanitizer spray pen, cosmetic companies are cooperating with hand sanitizer spray pens providers. The demand for hand sanitizer spray pen has grown at a faster rate due to rising demand for healthcare products from consumers all over the world.

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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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By 2032, The US Automated Parcel Delivery Terminals Market Is Expected To Account For 19% Of The Total Revenue Share

With a growing demand for more deliveries and increasing pressure for shorter response times, there is a growing need for shorter transportation times in the automated parcel delivery terminals in the market. Increasing demand for online medicine delivery apps as well as same-day delivery systems has resulted in significant growth in the market for automated parcel delivery terminals.

Market participants are experiencing new methods of parcel delivery with the growing adoption of innovative distribution channels. E-commerce companies, retailers, and manufacturers are working together in order to meet consumer demands in real-time while minimizing operational costs. To provide customers with individualized service, companies are integrating technological advances such as proactive maintenance, facial recognition, remote monitoring, and IoT-based services. All these factors are stimulating market growth for automated parcel delivery terminals in the market.

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List of Key Players Covered in Automated Parcel Delivery Terminals are:

  • Keba AG
  • Cleveron Ltd.
  • Neopost group
  • Smartbox Ecommerce Solutions Pvt.Ltd.
  • Winsen Industry Co., Ltd.
  • InPost
  • TZ Ltd.
  • ByBox Holdings Ltd.
  • ENGY Company
  • Bell and Howell, LLC

DPD in October 2021, gears up for a record peak with a new 150 million euro super hub in Hinckley, Leicestershire is set to be fully operational as part of plans for a record-breaking Peak. There are five hubs in the UK that are operated by DPD and this is one of their greatest fully automated hubs in domestic parcels in Europe. The new facility is the company’s most environmentally friendly and technologically advanced facility to date.

In February 2022, Korber, an international technology group signed an agreement to acquire Siemens Logistics’ international mail and parcel business. The company stated that Körber’s acquisition significantly bolsters its supply chain offering. The acquisition is expected to close in the current calendar year at a price of approximately 1.15 billion Euros.

“Innovative APMs are being rapidly expanded as part of the long-term goal by vendors in order to establish a nationwide network of APMs and parcel pick-up sites at partner shops in the future, which will help to expand the market.”

Key Takeaways:

  • The market value of automated parcel delivery terminals was US$ 639.9 Mn in 2021 and is projected to reach a value of US$ 720 Million in 2022 with a CAGR of 10.9% during the forecast period.
  • Indoor Terminal automated parcel delivery terminals segment to expand at a CAGR of 10.5% during the forecast period.
  • In the forecast period, the shipping and logistics firm is expected to grow at a compound annual rate of 11.3%.
  • In the U.S., the market is predicted to reach US$ 142.3 Million while growing at a CAGR of 19% during the forecast period.
  • Japan is expected to reach a CAGR of 17.5% during the forecast period between 2022 and 2032.

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Regional Insights

By 2032, the US automated parcel delivery terminals market is expected to account for 19% of the total revenue share, led by the rapid progress of logistic and technological advancement in these businesses, which will lead to the growth of the market.

APAC is projected to dominate the automated parcel delivery terminals market during the forecast period. With the rise in online business activity in countries like India and China and ongoing investments in the logistics industry, the industry is seeing opportunities for growth in the market.

About Future Market Insights (FMI)

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

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China Emerges as the Leading Market for Aircraft Ground Support Equipment – FMI

Civil aviation is one of the most rapidly growing industries in China. Owing to increasing sales of aircraft along with rising passenger numbers, the country is expected to be an opportunistic market for Aircraft ground support equipment. China dominates the ground support equipment market in the Asia Pacific, opines Future Market Insights. This can be attributed to the increase in warehouse operations at airports along with the highly developed aviation industry.

According to the Civil Aviation Administration of China, passenger volume showcased a 74.9% year-on-year increase in 2021. As Per to Future Market Insights (FMI’s) most recent analysis, the market for aircraft ground support equipment will grow at a 6.5 percent CAGR between 2021 and 2031. By the end of 2021, the market is expected to be worth US$ 9.7 billion.

A further prediction made by FMI is that the sales of ground support equipment for airports will surpass 27,000 units by the end of 2031 as a result of the growing global passenger traffic. With a CAGR of 6%, North America will continue to dominate the market for aircraft ground support equipment worldwide.

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Because of the COVID-19 outbreak, cargo operations increased significantly as the demand for timely transportation of medicines and vaccines increased. The rising demand for refurbished ground support equipment will boost the global market’s growth prospects even further.

With the global expansion of the aviation and tourism industries, the ground support equipment market is expected to reach US$ 9.7 billion by 2021.

“Innovations in ground support equipment and availability of ground support equipment rentals will create lucrative growth opportunities for the aircraft GSE manufacturers in the future” says the FMI analyst.

Key Takeaways from FMI’s Aircraft Ground Support Equipment Market Study

  • North America dominates the ground support equipment market as a result of well-established aviation industry. The regional market is set to register steady growth at 6% CAGR between 2021 and 2031.
  • Increasing investments in aviation industry will help China to maintain its dominance over the ground support equipment market during the forecast period.
  • The market in India is expected to offer lucrative growth opportunities to aircraft GSE manufacturers.
  • In terms of power, electric segment is expected to remain dominant owing to the increasing demand for sustainability and green aircraft GSE.
  • By equipment type, the aircraft service segment is expected to remain dominant in the aircraft ground support equipment market, followed by cargo loading and passenger services.

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Competitive Landscape

Key players operating in the aircraft ground support equipment market are focusing on expanding their business through contracts with airlines across different regions. They are also adopting various organic and inorganic growth strategies such as mergers and acquisitions, advanced product development and collaborations to gain a competitive edge in the market.

In August 2021, Thales partnered with Dragonair Airport GSE service Ltd. to provide an advanced Instrument Landing System (ILS) solution in fully supporting the three-runway system (3RS) expansion project at the Hong Kong International Airport (HKIA). This will enable to further improve the capacity and efficiency of aircraft landing while maintaining the highest standard of flight safety.

In 2019, JBT Corporation announced that it has signed an agreement to acquire Lektro, Inc., a privately held manufacturer of electric aviation ground support equipment based in Warrenton, Oregon.

About Future Market Insights (FMI)

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

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The Global Barcode Scanner Market Is Anticipated To Expand At A CAGR Of Over 7.6% By 2031.

In 2022, the market for dredging is projected to be worth US$15.6 billion. The dredging market’s demand is predicted to grow at a CAGR of 3.7 percent, reaching a value of US$ 22.3 Bn by 2032, according to the report. For various activities like coastal protection, trade activities, and mining projects, the government segment currently holds a more than 40% share of the market for the use of dredging services.

A rise in mining and trade activity is expected to give East Asia a commanding share of the global dredging market of 29.6%.

The global dredging market is predicted to grow at a CAGR of 3.7%, reaching a valuation of more than US$ 22.3 billion by 2032. The dredging market is anticipated to benefit from rising demand for gulf coast restoration activities. Dredging service providers are adopting dredger monitoring systems and upgradation of their equipment to increase efficiency and productivity.

Rising government investments in dredging activities in emerging economies will create opportunities for growth in the market in the forthcoming years. Various developing and developed countries’ governments are investing in harbours, channels, and waterways that are dredged in a timely and cost-effective manner to meet environmental protection, restoration, and enhancement goals.

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Further, an increase in trade activity, urban development projects and coastal protection activities are driving the demand for dredging services globally. Manufacturers are introducing new and innovative service methods with maintaining the regulation for emission control.

Due to the upgradation of equipment, dredging activities are now being used for accessing high-quality mineral reserves that are economically inaccessible through conventional mining.

Companies providing dredging services for the development of ports and dockyards are extending their portfolio by including suction dredging for rivers and smaller waterways. Such developments are anticipated to bode well for the growth in the market over the forecast period.

“Technology upgradation in dredging service driven by the adoption of dredger monitoring systems and upgradation of equipment to increase efficiency and productivity will continue driving sales in the market growth over the forecast period,” says an FMI analyst. 

Key Takeaways:

  • By customer type, the government segment is projected to hold 43.6% of the total market share in 2022.
  • Based on application, the energy infrastructure segment is expected to grow Y-o-Y by 4.6% in 2022.
  • Demand in the U.S. dredging market is forecast to increase at a 2.1% CAGR, reaching a valuation of US$ 1.5 Bn by 2032.
  • India will emerge as a lucrative pocket, with sales growing at a 3.4% CAGR through 2032.
  • Total sales in the China market will hold 25% of the East Asia dredging market share in 2022.
  • By 2032, East Asia is expected to account for a dominant share of 32.9% of the global dredging market.

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Competitive Landscape 

The global dredging market is significantly consolidated among Tier I, Tier II, and Tier III players. The leading players in the market account for 50 to 55% share in the market on a value basis.

Biggest dredging companies in the world are China Communications Construction Company Limited, Royal Boskalis Westminster N.V, Dredging, Environmental and Marine Engineering NV (DEME), Van Oord, Great Lakes Dredge & Dock Corporation, Royal IHC, National Marine Dredging Company and others.

Key Segments Covered in Dredging Market Analysis

Customer Type:

  • Government
  • O&G Companies
  • Mining Companies
  • Renewables
  • Others

Application:

  • Trade Activity
  • Trade Maintenance
  • Energy Infrastructure
  • Urban Development
  • Coastal Protection
  • Leisure

Region:                        

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

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:

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

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Website: https://www.futuremarketinsights.com

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