Mixers & Attachments Market Insights By Type, Industry, Application & End-User | FMI

The global mixers and attachments market continues to evolve. With a significant percentage of population already owning a mixer, manufacturers are focusing on luring consumers to go for an upgrade. The ‘smart’ technology – which has permeated many consumer appliance categories – is palpable in this segment also. Traditional mixers are being replaced by smart mixers, albeit at a pace that can best be described as pedestrian.

Urban consumers from Tier 1 and tier 2 centers will remain the target audience for smart mixers and attachments. However, opportunities for traditional mixers exist, as there is still a significant section of populace in underdeveloped countries that is yet to buy its first mixer.

Mixers & Attachments Market – Key Trends

The mixer and attachments market has evolved over the recent past. Nowadays, the mixers are not required to rely on upper body strength or monitoring.

Another imperative factor in boosting the demand for mixers & attachments is the alteration of product design such as presentation of built-in metal constructed components or parts, improved in-house kneading gear systems, and additional bowl capacities. For instance, Cuisinart’s SM-55 5 1/2-Quart 12-Speed Stand Mixer is one of the best heavy-duty stand mixers as well as offers several different attachments that are accessible.

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Creative and intensive marketing strategies by manufacturers such as offering lucrative discounts and recognition through social media will be escalating the adoption of mixers & attachments. The e-commerce industry has been offering various services to consumers such as easy product discounts, payment options, free product delivery, and product comparison.

Mixers & Attachments Market – Growth Restraints

The availability of hand mixers can impact the sales of a stand mixture, as it eases every day quick tasks in addition to baking.

The upper-end models featuring more attributes and attachments might be expensive for the middle-income group which can further impact the sales of mixers and grinders in the global market. One key challenge for manufacturers is the longevity – unlike other kitchen appliances, mixers aren’t bought too frequently. Consumers are wary of spending on a new version until it offers substantially better features.

COVID-19 Impact on Mixers & Attachments Market

COVID-19 pandemic has prompted individuals to say indoors with the nationwide lockdown. Several individuals have resorted to cooking and baking, which has boosted demand for mixers and attachments market. This radical change in supply, demand, and costs has thrown together previously estimated market pricing methods in the mixer & attachments market.

Several companies are adjusting to their customer’s altering and immediate needs as they consider long term significances. Players are assessing segment-wise customer preferences and changes in purchasing patterns and are tailoring new offers for present and new customers. For example, several mixture & attachment sellers are now offering a discount, ergonomic consultation, free shipping, and no-contact delivery.

Mixers & Attachments Market – Region-wise Analysis

Rapid development and emergence of the food processing sector and limited preference for hand-held mixers among consumers is a major trend observed in developed markets of Europe and North America. Outside of North America and Europe, demand for mixers and attachments is growing at a rapid pace in Asia Pacific. Although the COVID-19 impact is being felt, the long-term prospects of mixers and attachments market remain positive.

Mixers & Attachments Market – Competitive Analysis

Major companies identified in the global mixers and attachments market are Kitchenaid, Cuisinart, Kenmore Elite, Hamilton Beach, and Panasonic Corporation. Companies are focusing on product innovations and developments to increase their market presence in the industry.

For instance, KitchenAid has launched Artisan Design Series 5 Qt mixer which comes with great basics attachments plus the consumer can add accessories such as a pasta maker, juicer, or spiralizer.

Hamilton Beach presented an affordable model 7-speed Stand Mixer that comes with a top handle to make lifting the head simpler. It suctions to the countertop to stay in place while mixing. Moreover, all attachments with the mixture are dishwasher safe. Kenmore Elite Ovation Stand Mixer offers an innovative design with an exceptional a pour-in top and 360-degree splash guard. This helps to keep walls and countertops spotless.

Global Mixers & Attachments Market: Key Players (this is an indicative list – full list of key players available upon request)

  • KitchenAid
  • Hobart Corporation
  • SMEG
  • Electrolux AB
  • Koninklijke Philips N.V.
  • Panasonic Corporation

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Regions and Countries Analyzed in the Report

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Mixers & Attachments Market – Market Segmentation

By Product Type

  • Tilt-head type
  • Bowl – lift type

By Application

  • Commercial
  • Household

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Outdoor Cat Houses & Furniture Market Share, Size, Trends – 2030 | FMI

The outdoor cat houses & furniture market report published by FMI is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2020-2030.

With the wide availability of comfortable and fun play activities offered by manufacturers considering the cat’s needs, millions of cats spend their entire life indoors. Some cats enjoy going outside and expressing their natural behaviors.

According to a report in the US, about 86 Mn cats or one cat for every three households. That makes cats pet-wise more popular.Cats with access to bigger outdoor areas administer a multitude of sense impressions all day long.

Even most devoted house cats love to stroll outside. However, security is a major concern that can seriously threaten cats’ well-being. Manufacturers are nowadays offering a gigantic collection of cat houses & furniture, from exquisite designer piece to curiosity that satiate the owner’s requirement.

Outdoor cat houses & furniture offers great hiding places while playing out in addition to comfortable resting area. This has escalated the market demand over the forecast period.

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Outdoor Cat Houses & Furniture Market – Key trends

Market players are focusing on the design-driven approach to satiate the needs of cat owners via innovations as well as launching new products with added safety and comfort features.

For instance, the Kitty Tube comes with a water tank like design with two vents for air and an entrance. It is indeed one of the best-insulated cat houses and could hold up to 3 kittens. Produced in the USA it comes with a lifetime warranty against all sorts of cracking, chipping, or fading.

Manufacturers in this industry are focusing on multi-functional natural and eco-friendly cat houses, which can serve the requirement of cat owners as well as complement the home and garden décor. New Age Pet’s Albany Outdoor Feral Cat House is made from a special material – ecoFLEX incorporating qualities of both plastic and wood. Easy to assemble and set up the cat house can withstand any weather conditions.

Customization of outdoor cat houses & furniture is gaining traction in the global market as manufacturers select owners the choice to incorporate parts of the houses & furniture.

Also, attributes such as, built-in storage space, bedding, and seating configurations are being provided with customized cat furniture which is anticipated to escalate the growth of the global outdoor cat houses & furniture market during the forecast period.

Outdoor Cat Houses & Furniture Market – Growth Restraints

Outdoor cat houses & furniture often lack scratching gadgets, not cozy and big enough for bigger felines, and nonattractive designs might impede the sales growth of the market. Usage of cheap and light materials in the production process often does not provide warm shelter from cold, windy, and rainy days, this can hinder the outdoor cat houses & furniture market sales.

Moreover, the sales are also impacted by outdoor houses with fewer escape doors can lead to devastating consequences as cats are vulnerable to other animals.

COVID-19 Impact Analysis

Amid the crisis, the pet stores witnessed a jump in their sales, with more and more people adopting cats as pets. This also led to an increase in outdoor cat houses & furniture demand. With limited in-store timings and restriction against mass gathering, COVID-19 pandemic leads manufacturers to shift towards e-commerce platform and delivery systems.

However, due to higher demand and lesser workforce available, the current delivery times are running considerably longer than normal.

Outdoor Cat Houses & Furniture Market –Region-wise Analysis

North America region continues to remain the epicenter of cat furniture production in the global market for outdoor cat houses & furniture mainly due to the growing outdoor cats population as well as growing safety concerns of house cats from neighborhood strays.

The Humane Society of the United States (HSUS) states that around 3-4 Mn cats both community and owned enter US animal shelters every year.The European outdoor cat houses and furniture market is growing at a rapid rate due to increasing demand from all over the world for the highest quality furniture. Additionally, the region has a higher manufacturing capacity as well as utilize the finest materials used in the production.

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Outdoor Cat Houses & Furniture Market – Competitive Analysis

Major market players operating in the global market include

  • Go Pet Club
  • North American Pet Products
  • MidWest Homes For Pets
  • Ware Pet Products
  • PetPals Group Inc.
  • Inkgrid
  • Ultra Modern Pet
  • Inter IKEA Systems
  • V.

In recent years, online sales have increased notably across nations.Therefore, market players in this industry are focusing on e-commerce distribution channels.  Manufacturers focus highly on R&D activities to offer better protection or comfort for cats.

CozyCatFurniture Large Outdoor cat house, rates as one of the best outdoor cat houses overall offers a simple design that meshes well with any home and garden or yard.

Along with safe and comfortable features such as easy to add vinyl door flap which gives additional protection from precipitation and avert heat from escaping out the door, and a back door that is an additional entry and exit point.

K&H Pet Products Outdoor Kitty House Extra-Wide launched an easy to assemble yet easily folded and flat for easy storage when not in use or to carry while moving homes. Along with various features, it is available with or without a heating pad.

Regions and Countries Analyzed in the Report

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Outdoor Cat Houses & Furniture Market – Segment Analysis

The global outdoor cat houses & furniture market is fragmented based on the following:

By Material

  • Fabric
  • Metal
  • Nylon
  • Plastic
  • Polyester
  • Wood

By Distribution Channel

  • Online
  • Offline
  • Specialized stores
  • Supermarkets/hypermarkets
  • Others

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Plates Market Analysis and Market Studies for 2030

The plates market has been seeing tremendous expansion through the past few years, owing to the transformation in consumer preferences and the easy availability of the product. With the increased presence of social media, plates have increasingly become imperative to enhance the presentation of food. Manufacturers offer a range of plates which are available in various sizes and shapes.

Moreover, consumers are willing to spend on plates that match with their current styles and will remain trendy over the next few years. Such factors are boosting the sales of the plates market. By 2030, the plates market is slated to grow at a remarkable CAGR.

Plates Market – Key Trends

Market players are witnessing a strong trend for geometric shapes and minimalism through neutrals, earthy blues, matte finishes, hues, and mauves of grey colors. Players are focusing on creating aesthetic and layering options which help to add dimension to the table setting, combining different textures and materials to help make the plates a more rich feel.

Manufacturers are tapping into white spaces that arise from the growing increasing sustainable and green trends. Manufacturers are incorporating biodegradable materials such as paper pulp, bamboo, sugarcane bagasse, and other disposable material during the production process.

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The online industry has been providing various services to consumers such as easy payment options, product discounts, product comparison, and free product delivery. Manufacturers are capitalizing on these sales drivers that are well-positioned for lucrative returns. Additionally, manufacturers in the plates market are increasingly focusing on presenting several innovative products and are promoting their offerings through several social media platforms.

Plates Market – Growth Restraints

High-cost product range and the availability of counterfeit products in the developing, as well as developed regions, are setting forth huge challenges for players in the plates market. Additionally, as the e-commerce platform is becoming a prominent medium for distribution in the plates market, less internet accessibility in the underdeveloped and developing regions will moreover hinder the market growth.

Participants are, thus, making distinctive strategies to deal with these challenges and better serve customers.

COVID-19 Impact on Plates Market

With the shutdown of the majority of retail stores trailing the nationwide lockdowns due to the COVID-19 pandemic, the e-commerce channels are coming out as an ideal solution for providing another leg of market growth.

Manufacturers who are yet to enter the online ecosystem are confronting the domineering to switch to e-commerce distribution channels to ascertain their survival. They are turning to ready-return packaging format to receive the products back faster, with no damage. Such factors are expected to bring the plates market back on track in the approaching months.

Plates Market – Region-wise Analysis

Europe plates market will be expanding at a remarkable growth in the approaching years due to the high usage of several plate types in addition to the increased buying power of consumer groups.

Germany will be accounting for maximum shares during the forecast period. Asian nations will be the fastest growing regional market as a result of altering lifestyle and growing restaurants and other options of dining out are boosting the regional market growth.

Plates Market – Competitive Analysis

Major market players identified in the plates market are Tesco.com, Inter IKEA Group, Meyer Corporation Group, Bernardaud, Raynaud Limoges, Puiforcat, and Waterford Wedgewood. The market reflects moderate to high entry barriers owing to the existence of prominent market players and a prerequisite of higher setup costs.The plates market is further fueled by innovation in designs, joint ventures, and mergers and acquisitions.

For instance,Fiesta Dinnerware has reinvented as the freshly made Fiesta Tableware Company. The rebranding follows the latest took over of the earlier Homer Laughlin China Company food service operations through Steelite International, a British company to increase product portfolio and boost its market presence.

Fiskars Group prepared a service called Vintage to buy and re-sell old and formerly owned tableware in the recent past. It was opening in three stores situated at Helsinki, Jyväskylä, and Arabianranta. Fiskars Group declared the growth of the Vintage Service in Finland. Churchill China took over Furlong Mills in order to expand its offering for customers.

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Global Plates Market: Key Players (this is an indicative list – full list of key players available upon request)

  • Tesco.com
  • Inter IKEA Group
  • Meyer Corporation Group
  • Saint-Louis
  • Cuisinart
  • Mikasa
  • Bernardaud
  • Raynaud Limoges
  • Puiforcat
  • Waterford Wedgewood

Regions and Countries Analyzed in the Report

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of LATAM)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Plates Market – Market Segmentation

By Product Type

  • Ceramic
  • Glass
  • Melamine
  • Stoneware
  • Earthenware
  • Bamboo
  • Paper
  • Disposable plastics

By Distribution Channel

  • Online
  • Offline

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Europe Accounts For 19.80% Market Share In The Global Plastic Extrusion Machine | Get Insights FMI

Europe accounts for 19.80% market share in the global plastic extrusion machine. Europe is said to grow exponentially due to the rising automotive industry in the region. Countries such as the UK and Germany are anticipated to become popular in this sector, as there are stringent emission laws which are stirring the demand for plastic materials in every vehicle across the globe.

The global plastic extrusion machine market is projected to reach US$ 6.7 Billion in 2022. Based on the report, sales of plastic extrusion machines are expected to have a CAGR of 4.70% and to reach an evaluation of US$ 10.7 Billion by 2032. The prominent advantage of the plastic extrusion machine process is that the plastic can be given any complex shape and molded into any design without the appearance of any cracks or im.perfections as the plastic encounters only shear and compressive stresses.

Materials, such as plastic or thermoplastic, are pressed through a die of desired shape and cross-section. Plastic extrusion is a manufacturing process using which high volumes of plastic material is manufactured and produced to form a continuous profile.

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In addition to that, the process aids in producing parts and components with superb surface finishes. A barrel and screw, heaters, die, and screw drives are all components of the extruder machine. The extrusion machine operates by applying two different pressure conditions. Plastic extrusion is used for the manufacturing of plastic products, such as weather-striping lines, pipes, tubes, deck railings, plastic films, window frames, plastic sheets, wire insulations and thermoplastic coatings.Extrusion is a process used for the creation of fixed cross-sectional profiles.

Additionally, the mixing action of the plastic compound through the shearing action is facilitated by the extruder screw. The plastic extrusion process is used for the manufacturing of plastic tires and belt conveyors in the global market. Extrusion machines can be used for the manufacturing of several materials from thermoplastic plastic, thermoplastic and natural plastic. The cross-sectional shapes or profiles, such as cord, rectangles, squares and triangular shapes and hollow sections of the aforementioned profiles can be easily manufactured using plastic extrusion machines.

Market Dynamics: Plastic Extrusion Machine Global Market

The Plastic extrusion machine market is estimated to gain traction in the market over the forecast period owing to significant drivers, such as significant innovation processing technologies and introduction of new and novel plastic products in the global market.

However, there are other factors which are also expected to drive the demand for plastic extrusion machines, such as the growing piping industries and manufacturing sector in emerging and developed regions, increasing awareness about the benefits of plastic extrusion machine, growing consumer consciousness about environment-friendly equipment and other comforts. Manufacturers have strong opportunity to introduce innovative plastic products which are being manufactured to meet transitioning consumer demand for fuel effective & high-performance lightweight vehicles.

Automotive, oil & gas and construction industries are expected to fuel the demand for plastic extrusion machines during the forecast period. This trend in the plastic extrusion machine market is estimated to increase owing to the growing automotive industries, rising population across the world and growing spending on infrastructure. Currently, major manufacturers in the plastic extrusion machine market which have extensive presence globally dominate the market with their extensive distribution network along with their innovative product portfolio, which is a key driving factor for the growth of the global plastic extrusion machine market.

Also, growing consumer preference towards less carbon emission control vehicles has encouraged manufacturers to achieve minimum fuel efficiency and to continue this, manufacturers have tied up with OEMs to develop specific products for automobiles which are light in weight. Lack of awareness about the advantages of plastic extrusion machine systems may act as a restraint for the global Plastic Extrusion Machine system market.

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Regional Outlook: Plastic Extrusion Machine Global Market

Rising automotive sector in APAC and Europe is expected to grow with healthy CAGR over the forecast period. European countries, such as Germany and Russia, are expected to gain traction during the forecast period. Stringent emission regulations are increasing the demand for plastic products in interior materials in all the vehicle types across the globe.

People in Europe, North America and the Middle East live a luxurious lifestyle. This coupled with higher standard of living and high disposable incomes has led to a growth in the application of plastic products in all end use industries, such as automotive and footwear, which is in turn estimated to propel the demand for global Plastic extrusion machines. People have developed a liking towards comfortable and smooth plastic products and thus, the market is expected see rapid growth in all developed and developing countries in the future.

Developing markets in the APEJ region, especially China and India, are estimated to play a significant role in the growth of the Plastic extrusion machines in coming future. In countries, such as India and China, manufacturing industries are growing at a good pace and hence, there is humungous growth potential for plastic extrusion machines in the near future.

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Key Market players: Plastic Extrusion Machine Global Market

Some of the key players in the polyurethanes additives market are:

  • Apex Engineers
  • Reifenhauserindia
  • Shyam Plastic Machinery
  • KraussMaffei Berstorff
  • Extrusion Technik USA, Inc.
  • TROESTER GmbH & Co. KG
  • Well Shyang Machinery (WSM)
  • W. Brabender Instruments Inc.
  • MITSUBA MFG. CO., LTD.
  • DEGUMA-SCHÜTZ GmbH

Market Segmentation: Plastic Extrusion Machine Global Market

The Plastic Extrusion Machine market is segmented on the basis of product type, material component and end use.

On the basis of product type, the plastic extrusion machine market is segmented into:

  • Single screw extrusion
  • Twin screw extrusion

On the basis of material, the plastic extrusion machine market is segmented into:

  • PVC
  • PP
  • PE
  • Others

On the basis of component, the plastic extrusion machine market is segmented into:

  • Screw Drives
  • Heaters
  • Dies
  • Blown film extrusion
  • Sheet/film extrusion
  • Tubing extrusion
  • Co-extrusion
  • Extrusion coating
  • Others

On the basis of end use, the plastic extrusion machine market is segmented into:

  • Automotive
  • Oil & Gas
  • Consumer Goods
  • Packaging
  • Others

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Fire Hydrant System Market Size Predictions : US$ 1,846.3 Million by 2032 | Get Insights FMI

The global fire hydrant system market is forecasted to be valued at US$ 1,344.2 Million in 2022. During the forecast period ranging from 2022-2032, sales of Fire Hydrant Systems are expected to grow at a CAGR of 3.2%, to be valued at US$ 1.8 Billion.

Because of increased service expectations from industrial and commercial clients, the global market for fire hydrant systems is expanding. Governments around the world have chosen to enforce strict fire safety regulations, resulting in an increase in demand for fire hydrant systems.

With the expanding population of APAC nations, an increasing number of factories, hospitals, commercial complexes, and residential structures are likely to be developed during the next several years. This undoubtedly points to the region’s overwhelming demand for fire hydrant systems.

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Because of the tight consequences for installing fire hydrant systems in enterprises and organizations, the market for such safety systems has a lot of potential in the near future. The Startup India initiative in India has resulted in an increase in the number of startups, which will undoubtedly need the incorporation of more fire safety equipment in the future years.

Furthermore, owing to the adoption of higher safety practices, an increase in commercial places such as shopping malls and offices, and large piping systems covering longer distances in countries such as China, India, Japan, and other Southeast Asian countries, the market in Asia Pacific is expected to expand at a significant rate during the forecast period.

The global market for fire hydrant systems is expected to grow at a reasonable rate in the coming years. The adoption of smart nodes or wireless sensors is the primary trend in the fire hydrant systems market. The latest market trend is to use less water more efficiently. Wireless sensors, also known as smart nodes, are used in fire hydrant systems to achieve such efficiency because maintenance is less expensive and the action is lightning fast.

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Market Competition

During the forecast period, major players in the worldwide fire hydrant market are projected to confront severe rivalry. Companies are also pursuing mergers and acquisitions in order to improve their performance and outcomes. The following companies are major participants in the worldwide fire hydrant market:

  • Tyco Fire Products
  • K.B. Building Solutions
  • ZedEx Fire Services
  • Fire Hydrant Systems Pty Ltd
  • Akash Uni Safe Equipment
  • Waterous
  • Smith & Sharks
  • Minimax
  • Naffco
  • Kennedy Valve
  • Angus Fire
  • Rapidrop

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Key Segments Profiled in the Fire Hydrant Systems Industry Survey

Fire Hydrant Systems Market by Product Type:

  • Wet Barrel Fire Hydrant Systems
  • Dry Barrel Fire Hydrant Systems

Fire Hydrant Systems Market by Operation:

  • Diesel-operated Fire Hydrant Systems
  • Electric-operated Fire Hydrant Systems
  • Hybrid-operated Fire Hydrant Systems (Diesel/Electric)

Fire Hydrant Systems Market by End Users:

  • Fire Hydrant Systems for Industrial Use
  • Fire Hydrant Systems for Commercial Use

Fire Hydrant Systems Market by Region:

  • North America Fire Hydrant Systems Market
  • Latin America Fire Hydrant Systems Market
  • Europe Fire Hydrant Systems Market
  • Asia-Pacific Fire Hydrant Systems Market
  • Middle East and Africa Fire Hydrant Systems Market

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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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Underwater Light Market worth US$ 523 million by 2032- Exclusive Report by Future Market Insights, Inc.

The underwater light market is likely to rise to US$ 306 million in 2022 and estimated to reach US$ 523 million by 2032 with a CAGR of 5.5% from 2022 to 2032. The adoption of underwater light is likely to grow with various underwater activities over the last couple of decades. It is widely used for cave dives or water dives when it appears dark at night which is anticipated to boost the underwater light market share in recent years.

Some of the main factors driving demand for underwater light over the forecast period include an increase in underwater sports and entertainment, dive search operations in defence programmes and inside sunken vessels, and analysing underwater structures.

The marine industry is anticipated to increase its use of underwater lighting in recent years because a wide area must be illuminated with a wide beam angle during underwater diving activities. The largest market share belongs to the marine industry, which is anticipated to increase sales of underwater lights during the projection period.

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Market players are discovered to have been active in producing goods with increased functionality and durability of the underwater light to expand the production of the underwater light market size in order to deliver excellent products at competitive rates.

Additionally, supplying specially developed and related products such as cameras and accessories developed for use in hazardous environments in addition to the underwater light is growing the underwater lights market trends. Because of technological advancements with high-end products, the underwater light statistics are expected to rise at a significant CAGR from 2022 to 2032.

In an emergency, divers utilise light signals to determine their depth. Considerations for constructing an effective underwater light include the brightness of the light (expressed in Lumens) and the beam angle (expressed in degree). This is one of the important aspects expected to drive the underwater light market growth during the forecast period.

Market Scope:
Underwater lighting systems generally comprise lights which are guarded with resilient materials for hassle-free functioning in seas, lakes, ponds, and other underwater areas. As these lights often are submerged in saline water, it becomes essential for manufacturers in designing cases which are resistive to corrosion.

Dominant Key Players on the Underwater Lighting market covered are:

  • Aqualuma LED lighting
  • Attwood
  • Perko Inc.
  • Shadow Caster inc.
  • Underwater Lights Limited
  • Ocean LED
  • Griven
  • WIBRE GMBH & CO.
  • KG
  • Spa Electrics
  • Underwaterkinetics
  • THERMALEC international

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Recent Developments in Underwater Light Market are:

  • In August 2019, the UK developed its new market that leading underwater light for the marine industry. The new launch product QTS-100 is a small and powerful underwater light which provides 20,000+ lumens of light.
  • OceanLED has introduced the Explore Underwater LED Light Series. A technologically advanced and incredibly efficient flush-mount underwater LED light is included in the series. The company has developed two models in its Explore series: the E3 and the E6.
  • Light & Motion’s Video Pro 3800 is a revolutionary underwater light. The light features both a power level and a battery condition indicator. The 3,800-lumen video light is also placed in a dome port optic, which improves illumination while reducing light fall-off along the beam’s edges.

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Who Are Some Of The Key Competitors In The Underwater Light Market?

Some of the key participants identified across the value chain of the underwater lights market include: Aqualuma LED lighting, Attwood, Perko Inc., Shadow-Caster inc., Underwater Lights Limited, Ocean LED, Griven, WIBRE GMBH & CO., KG, Spa Electrics, Underwaterkinetics, and THERMALEC international, etc.

The key playing industries are using several concepts and methodologies to expand the underwater light market size in the coming years. It includes partnerships, mergers, acquisitions, product launches and other emerging trends in the underwater light market during the forecast period from 2022 to 2032.

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China Weatherization Services Market Will Expand At 5.4% CAGR From 2022-2032

China is expected to hold lion’s share in the global weatherization services. FMI estimates, China weatherization services market will expand at 5.4% CAGR over the forecast period.

The global weatherization services market value to grow with a year-on-year growth of 4.0%, reaching US$ 35 Bn by the end of 2022. Weatherization enhances energy efficiency while lowering energy usage, saving money on energy bills and improve the comfort of home.

According to the report’s findings, the market is expected to grow steadily over the forecast period, driven by rising stringent regulations mandating the use of insulation materials to reduce building energy consumption.

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Future Market Insights delivers key insights on the global weatherization services market in its latest report titled “Weatherization Services Market: Global Industry Analysis 2013 – 2017 and Opportunity Assessment 2022 – 2028”, which examines the weatherization services market and offers critical insights for the next ten years.

Global Weatherization Services Market: Dynamics

Recovery in the construction industry across the globe is being accelerated by the steady growth in population, which is resulting in the growing demand for construction materials, for both residential and non-residential buildings. This, in turn, will propel the growth of the weatherization services market across the globe. The U.S. Department of Energy (DOE) recognizes the enormous potential for improving energy efficiency, safety and comfort of the existing American homes.

According to DOE, heating & cooling (Space conditioning) accounts for about 50%-60% of the total energy consumption in an average American home. Hence, the rising adoption of insulation in residential or home buildings is one of the major factors fueling the demand for insulation installations, consequently also contributing to the weatherization services market’s growth.

Energy resources are limited, every unit saved is equivalent to every unit produced and this is where the role of efficient weatherization services comes into play. An array of initiatives are being taken up by various states and federal governments across the globe to reduce CO2 emissions. More importantly, growing public awareness about climate change has proliferated the need for renewable energy systems and reduced energy waste.

This factor is positively impacting the Global weatherization services market. Further, to curb carbon dioxide emissions, the use of lightweight insulation materials with promising mechanical properties, such as stiffness, rigidity, elevated temperature durability and chemical resistance, is expected to increase. Thus, in order to gain a competitive edge, key players are likely to invest significantly to develop high-performance insulation products in the weatherization services market.

Global Weatherization Services Market: Segmentation Overview

  • On the basis of application, the sidewall insulation segment dominates the global weatherization segment market. While the segment is projected to lose market share to the attic insulation segment by the end of THE forecast period, it is yet expected to maintain its prominence during the forecast period. Foam insulation is expected to be the prime material preferred for various applications and its popularity will be followed by the popularity of fibreglass for various applications in the global weatherization services market
  • On the bases of construction type, the weatherization services market has been segmented into new construction and retrofit segments. The new construction segment dominated the Weatherization services market in 2017 and is expected to gain further traction owing to the steady growth of the construction industry
  • On the bases of end-use, the weatherization services market has been segmented into residential and commercial & institutional. The commercial & institutional segment is expected to witness 1.5X growth in the global weatherization services market over the forecast period.

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Global Weatherization Services Market: Regional Overview

Western Europe, followed by North America, dominated the global weatherization services market in 2017. However, over the course of the forecast period, the Western Europe weatherization services market is estimated to lose its dominance to the North America weatherization services market. North America and Western Europe are collectively expected to account for over half of the global weatherization services market. Further, the top 5 countries in the Weatherization services market account for about half of the overall market. The weatherization services market is expected to witness significant growth in developing economies over the forecast period.

Global Weatherization Services Market: Vendor Insights

The report highlights some of the leading companies operating in the global weatherization services market, such as TopBuild Corp, Insulated building products, Inc., Builders FirstSource, Inc., Takashima & Co., Ltd., Dyson Energy Services Ltd., HomeWorks Energy, Inc., USA Insulation, Banker Insulation and Anderson Insulation.

Global Weatherization Services Market by Category

By Application:

  • Attic Insulation
  • Sidewall Insulation
  • Floor Insulation
  • HVAC
  • Doors & Windows Frame
  • Others

By Type:

  • Retrofit
  • New Construction

By End Use:

  • Residential
  • Commercial

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • MEA
  • China
  • SEAP
  • Japan & Korea

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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 6-years.

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Global Hydrostatic Testing Market To Grow With A Year-On-Year Growth Of 4.7% | Says FMI

The global business is anticipated to witness a considerable value CAGR of 4.8% during the period 2022 and 2028. Hydrostatic testing is the most common method for inspecting meter skids, compressed gas cylinders, pressure relief valves, boilers, tubing, pipelines, and other pressurized containers for leaks and structural integrity.

Demand for building supplies and services has increased as a result of China’s infrastructure development. The expansion of the residential sector and the resulting rapid population growth necessitate a steady supply of water, which is what is driving the hydrostatic testing market’s expansion in China.

The private sector is becoming more aware of water management, which is boosting the country’s market growth in addition to the government’s increased interest in water management projects. China is anticipated to maintain a sizeable market share in the global hydrostatic testing market throughout the anticipated time frame. Throughout the forecast period, the hydrostatic testing market in China is anticipated to expand at a CAGR of 3.0%.

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Due to rising demand from end-use applications, FMI has determined that North America will continue to be a significant market for hydrostatic testing over the forecast period. The hydrostatic testing sector is predicted to grow at a CAGR of 5.9% in the region. It’s typically used to test low-pressure stainless steel canisters as well as determine whether or not the equipment has any leaks at the time of the test and whether or not it’s safe to return to operation.

Hydrostatic testing is a way to ascertain strength and leaks in pressure vessels such as pipelines, gas cylinders, boilers, and fuel tanks. In the pipeline industry, hydrostatic testing presents unique safety, environmental and community liaison challenges. However, outside the pipeline industry, there is considerably lean understanding of hydrostatic pressure testing of existing pipelines.

Moreover, the demand for hydrostatic testing is notably high in the oil and gas industry, in the wake of increasing upstream and downstream oil and gas exploration and drilling activities that requires rigorously constructed and designed pipelines. Considering the impact that pipeline failures can have on economy, environment, and human life, the demand for hydrostatic testing is significantly high in the oil and gas industry.

North America and MEA are expected to be key regions in the hydrostatic testing market during the forecast period owing to increasing investments across oil and gas industry in these regions. With the growing oil reserves across various regions, especially MEA, the demand for pipeline and vessel testing services is expected to increase, which in turn, will escalate the demand for hydrostatic testing equipment across the region.

North America, on the other hand, dominated the global natural gas production as well as consumption in 2017. With growing consumption and production of natural gas, coupled with safe operations of gas pipelines, demand for hydrostatic testing is expected to remain high, in the region.

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Investments in oil and gas exploration and drilling activities in Mexico and Brazil are surging, which in turn, is projected to create opportunities for hydrostatic testing providers and significant competition for foreign investors, in the Latin American region. Pumps are a widely used test equipment and is likely to dominate the global hydrostatic testing market with more than 3/4th of the overall market share by the end of the forecast period, in terms of product.

These pumps are primarily designed to test plumbing lines, pressure vessels, water meters, sprinkler and solar systems across various industries. Moreover, powered hydrostatic testing compared to manual variants is projected to dominate the global hydrostatic testing market owing to its smooth functioning, lying in the high growth – high value quadrant throughout the forecast period.

Competitive Landscape:

New product development, in terms of testing pipelines and pipe systems is also projected to remain key forward market strategy adopted by players in hydrostatic testing market. Moreover, government regulations such as U.S DOT and PHMSA, are expected to create growth opportunities in the hydrostatic testing market. Key players in the global hydrostatic testing market include Curtiss-Wright Corporation, Galiso Inc., Rice Hydro, H. Lorimer Corp, and Cosmo Instruments Company Limited.

About Us:

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

Contact:
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Card Printer Ribbons Market Is Expected To Reach US$ 997 Mn By The End Of The Year Of Assessment (2028) | FMI

The global card printer ribbons market size is projected to expand at a CAGR of 4% over the forecast period of 2022-2028. In 2021, sales of card ribbon printers reflected a value of US$ 759 Mn, which is predicted to top US$ 997 Mn by the end of the year of assessment (2028).

Card printer ribbons market research analysis from Future Market Insights covers a global perspective of the product. The research study includes significant product developments, technological trends, growth-promoting factors, as well as opportunities and challenges that may affect the development of the global market for card printer ribbons.

A ten-year period beginning in 2022 and ending in 2028 is covered by the research report’s future market projections, current market scenarios, and analysis of historical data. Card Printer Ribbons Market: Global Industry Analysis (2013-2017) and Opportunity Assessment is a recent research report that includes statistical analysis and key points.

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Demand for Superior Quality ID Cards to Support the Growth of Card Printer Ribbons

Retailers in the global market are pushing for superior ID cards and better printing experience with a view to spur the entire manufacturing process and associated activities. This has compelled manufacturers of card printers to shift towards thermal printing technology.

Large scale end use industries are focusing on updating their employee ID cards with latest cost efficient technology. This is expected to trigger the use of card printer ribbons in the following years. Additionally, growing demand for superior quality ID cards from information technology sector is also anticipated to contribute to the health of the global card printer ribbons market.

Increasing use of cards for withdrawals and payments has changed the preference of consumers towards cashless payments. The trend of “go cashless” is rising as increasing number of individuals are using banking cards to carry out transactions in retail stores, supermarkets, restaurants and cafes across the globe. Changes in customer preferences to facilitate convenience and ease in transactions, enhanced security and cashless payment has triggered the demand for cards in various end use industries. This increasing demand is expected to boost the growth in demand of the card printer ribbons in the years to follow.

According to Future Market Insights, the global market for card printer ribbons is expected to reach a significant valuation of around US$ 997 Mn by end of the year of assessment (2028) from a value of about US$ 653 Mn in 2017. The global card printer ribbons market is projected to expand at a value CAGR of 3.9% throughout the period of assessment 2018-2028.

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Environmental Concerns Associated with Disposal of Cards, Consumables and Printers to Hinder Global Market Growth

Card printers have an average life of about 8 years from the date of manufacture, depending upon its use, post which they are usually discarded. Considering their disposal across the entire globe, it adds to the cumulative electronic waste. In addition, the disposal of huge volumes of ribbons and papers adds to total amount of non-degradable electronic waste generated in a year.

This has steered the attention of government bodies and environment watchers, such as Environmental Protection Agency (EPA), who have imposed stringent regulations and rules regarding disposal of electronic consumables and card printers. The printing ink used in card printing contains harmful chemicals, whose disposal can have a high negative impact on the health of the environment. This is expected to hinder the growth of the global card printer ribbons market.

Key Highlights of the Global Card Printer Ribbons Market

  • By type, colour segment is expected to be highly lucrative and is anticipated to witness increasing demand from end use industries. This segment dominated the global market in the past and is poised to resume with this trend in the years to follow
  • By printing type, dual sided segment is the most lucrative and is projected to expand at a significant rate during the assessment period
  • Adoption of card printer ribbons is expected to grow in banking, followed by the government sector. Sale of card printer ribbons in banking is estimated to cross US$ 300 Mn by end of 2028
  • China has shown high inclination towards use of card printers since past years, owing to high adoption in the manufacturing industry of the region. Moreover, this has spurred the use of card printer ribbons in the country and is expected to grow at a high rate in the following years

Competitive Landscape

Manufacturers involved in this market are focusing on developing ribbons that pose minimal threat to environment. However, this calls for additional and higher investments, which has slowed down the rate of development. Key players involved in the global card printer ribbons market are Zebra Technologies Corporation, Evolis S.A., ASSA ABLOY AB, Dai Nippon Printing Co., Ltd., HiTi Digital, Inc., Matica Technologies AG, Entrust Datacard Corporation, IDP Corp., Ltd., ICard Solutions (India) Private Limited, Kanematsu USA Inc., Magicard Ltd., AlphaCard, NBS Technologies Inc., Best Barcode System Private Limited and Pointman Technologies Inc.

Key Segments of Card Printer Ribbons Industry Survey

Card Printer Ribbons Market by Product:

  • Colour Card Printer Ribbons
  • Monochrome Card Printer Ribbons

Card Printer Ribbons Market by Printing:

  • Single-sided Card Printer Ribbons
  • Dual-sided Card Printer Ribbons

Card Printer Ribbons Market by End Use:

  • Banking
  • Government
  • Information Technology
  • Retail
  • Healthcare
  • Others

Card Printer Ribbons Market by Region:

  • North America Card Printer Ribbons Market
  • Latin America Card Printer Ribbons Market
  • Europe Card Printer Ribbons Market
  • East Asia Card Printer Ribbons Market
  • South Asia & Pacific Card Printer Ribbons Market
  • Middle East & Africa (MEA) Card Printer Ribbons Market

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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 6-years.

Contact:
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Germany Tower Crane Market Is Pegged To Grow With 3.5% Of Growth Rate During The Period by 2031

Being the largest shareholder in Europe, the Germany tower crane market is pegged to grow with 3.5% of growth rate during the period 2021-2031. In recent years, manufacturers are gradually developing new customer base in the Germany. The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade.

Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm.

The recessionary effects of COVID-19 on construction activities slowed demand for tower cranes in 2020, resulting in a delay in new and rental sales of tower cranes. However, with the exception of a few countries, construction activity has resumed at a healthy pace following the second quarter of the fiscal year. With the sector in recovery mode, the market’s immediate and long-term growth outlook for Tower Cranes remains positive.

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The study examines demand for tower cranes. The global tower crane market has been examined in terms of covid-19 impact, macroeconomic factors, market trends, and market history. According to FMI’s research scope, the market has been analysed by applications, customers, and regions. The report gives us qualitative and quantitative information on various players in the market. Also, this report tracks the market by both supply side and demand side.

Key Takeaways From Tower Cranes Market Study

  1. Following negative returns amid COVID-19, the tower crane market is forecast to register a little below 4% Y-o-Y growth in 2021
  2. The U.S. will continue accounting for maximum sales in North America, holding over 85% of regional market share
  3. The U.K. market is likely to register 3.7% Y-o-Y growth in 2021 backed by recovering construction activities
  4. The demand from Germany and France will account for considerable sales within Europe
  5. China will emerge dominant in East Asia, while Japan and South Korea markets will continue exhibiting growth at a positive pace.

 “Increasing investment in commercial construction as well as in the construction of civic in recent years is expected to provide an impetus to tower cranes sales. Rental base sales will continue to have a greater weightage as against direct ownership based procurement. Competitive price offering, increase in end user satisfaction on the performance, use of advanced technologies are the key strategies adopted by manufacturers operating in the market,” says FMI analyst.

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WHO IS WINNING?

Tower crane market is likely to grow at a moderate pace during 2021-2031. However, as it is a mature market hence companies are expected to concentrate increasingly on research and development activities. This will be aimed at developing more in the field of construction equipment that meet personalized requirements of consumers. Collaboration with regional construction contractors or construction companies as a prime strategy expected magnify in the forecast period.

Compititive Landscape:

The tower crane market is moderately competitive, with presence of large number of players operating in the market. Some of the players are focusing to carve a niche for specific demography. The market has been benefiting from robust partnerships with high focus on innovations. This has led to a series of tower crane launches in the last few years.

For instance:

  • In 2020, Potain launched a tower crane focusing on home building and high-rise.
  • Comansa has recently launched the largest crane, called 21CM750, manufactured at its plant in Hangzhou.

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Some of the leading companies operating in the market are:

  • Zoomlion Heavy Industry Science & Technology Company Ltd.,
  • Xuzhou Construction Machinery Group Co., Ltd.,
  • Liebherr,
  • Terex Corporation,
  • Manitowoc,
  • Sany Group,
  • Action Construction Equipments,
  • Konecranes,
  • Raimondi,
  • Comanasa S.A.

Facing challenges such as high cost of the equipment, setup time, and safety of the workers has always been one of the prime concerns of end users. Against this backdrop, some of the leading manufactures within the market are focusing on the development for enabling easy maneuverability of the tower cranes coupled with increasing the production capabilities.

Some of them already have developed and launched advanced tower cranes in the market and several others are likely to follow the suit to keep pace with dynamic market environment. According to FMI’s analysis, tower crane sales have grown at 0.4% CAGR between 2016 and 2021.

About Us:

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
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