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The global composting equipment market is anticipated to be valued at US$ 120.0 Million in 2022, forecast to grow at a CAGR of 3.4% to be valued at US$ 168.1 Million from 2022 to 2032. Growth is attributed to the changing the lifestyle of consumers.

Composting equipment is used to create fertiliser and rich soil conditioner (humus) from organic materials such as animal waste, municipal sludge, animal carcasses, and food by-products. Organic composting equipment makes use of organic materials that are placed in an environment with adequate amounts of oxygen, nitrogen, and water.

Composting equipment of various types is used to create compost for plant nutrition and commercial purposes. Composting equipment is designed and built to meet industry standards. Due to their fast processing and small size, a variety of small-scale composting equipment can be used for a variety of applications such as golf courses, universities, hospitals, restaurants, shopping malls, and so on.

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One of the major factors expected to accelerate the growth of the composting equipment market during the forecast period is the growing agriculture sector as a result of government investment in developing countries such as China, India, and Brazil. Other macroeconomic factors driving the composting equipment market globally include emerging economies such as Brazil, China, and India, rising employment rates, and changing consumer lifestyles.

Moreover, the global composting equipment market is also driven by rapidly growing manufacturing industry, owing to a high demand of composting equipment across the globe. In addition, significant demand for the composting equipment for residential purpose is also one of the major driving factors which help to grow the composting equipment market across.

Other factors expected to boost the composting equipment market during the analysis period include rapidly rising industrialization around the world, high demand for composting equipment for industrial applications such as high fibre composting, tunnel composting, and so on.

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Market Player

Some of the key participants present in the global Composting Equipment market:

• Midwest Biosystems, Inc.
• Compost Systems
• Kollvik Advanced Composting Solutions
• Green Mountain Technologies
• BDP Industries

There are many prominent market players in the composting equipment market, who are working hand-in-hand to provide the best-in-class Composting Equipment for enhancing the global composting arena. However, there are many global start-ups in the composting equipment market, who are stepping forward in matching the requirements of the composting equipment domain.

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Key Segments Profiled in the Composting Equipment Industry Survey

Composting Equipment Market by End Use:

• Commercial/Residential (Small- Scale) Composting
  • Composting Toilet
  • German Mound
  • Ecuador Composting Method
  • Sheet Composting
  • Vermicomposting
  • Container Composting
  • Trench Composting
  • Hot Container Composting
• Industrial (Large Scale) Composting Equipment
  • Aerated Static Pile Composting
  • Windrow Composting
  • In-vessel Composting
  • Mechanical & Biological Treatment
  • High Fiber Composting
  • Tunnel Composting
  • Vermicomposting

Composting Equipment Market by Product Type:

• Compost Containers
• Compost Turners
• Compost Bins
• Compost Tumblers

Composting Equipment Market by Region:

• North America Composting Equipment Market
• Latin America Composting Equipment Market
• Europe Composting Equipment Market
• Asia Pacific Composting Equipment Market
• Middle East & Africa Composting Equipment Market

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According to a new study by Future Market Insights, the rise of the European woodworking power tools market has been largely associated with the region’s construction and carpentry sectors (FMI). The European woodworking power tools market is expected to be worth US$ 363.9 million in 2030, with Germany, the United Kingdom, and France leading the way.

According to the report, the EU is increasing its efforts to prevent climate change and reduce its carbon footprint, and the European timber sector is investing and legislating toward sustainable forest sources in terms of local wood and imports, which may have an indirect impact on the pricing of woodworking operations and associated power tool sales.

To broaden the market, market participants can increasingly focus their offerings on repair, renovation, and maintenance applications, according to the report.

According to the European Confederation of Woodworking Industries, the woodworking and furniture industry is Europe’s fifth largest manufacturing sector, contributing billions of euros to the regional economy.

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Key Takeaways

• Planers power tools to witness greater traction through 2030 on the back of furniture applications.
• Cordless woodworking power tools to remain lucrative through the forecast period, with demand from DIYers, and operational convenience benefits providing impetus.
• Commercial tradesmen such as carpenters, masons and joiners to witness for significant demand.
• Online sales are expected to display higher growth rates, on the back of DIYers, wider product range, and offers & discounts.
• Germany is a highly lucrative market for woodworking power tools, owing to the steady growth of the non-residential construction sector and the presence of major players.

“In line with the rapid surge in demand for smart technologies and connectivity in woodworking, major market players in Europe have been using their expertise in developing sensor technology, services, and software to provide power tool solutions across domains to customers,” says analyst at FMI.

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Europe Woodworking Power Tools market segment

Product Type

• Drills
• Planers
• Grinders
• Saws
• Cutters
• Sanders
• Routers
• Screwdrivers
• Wrenches
• Chasers
• Others

Configuration

• Corded Power Tools
• Cordless Power Tools

End User

• Industrial Enterprises
• Commercial Carpenters, Joiners, and Masonry
• Service Providers
• DIY/Individual

Sales Channel

• Online Sales
• B2C Platform
• B2B Platform
• Offline Sales
• Bulk Suppliers
• Retail Suppliers

Region

• Germany
• Italy
• France
• U.K.
• Spain
• BENELUX
• Russia
• Poland
• Czech Republic

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Global pre-insulated pipe sales are set to be valued at US$ 5,470.5 Mn in 2021, with a stable long-term projection, according to the latest market study from Future Market Insights, ESOMAR-certified research, and consulting firm. The report estimates the global pre-insulated pipes market to grow at nearly 5.8 % during 2021-2031. The report offers analysis in 20+ high-growth countries, providing detailed insights on pre-insulated pipes configurations and applications that are likely to evolve in the coming decade.

Demand for pre-insulated pipes increased moderately in 2020, influenced by the COVID-19 pandemic as well as developments in the end-use sectors of district heating and cooling, oil and gas, and others. However, given the possibility of economic stimulus in many countries, the market’s long-term outlook remains positive.

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Key Takeaways

• District heating and cooling system applications will witness higher demand owing to a growing transition away from conventional electric HVAC insulation.
• Polymer composite materials are projected to hold major market share on the back of UV and corrosion-resistant characteristics.
• The U.S. will expand at a steady rate, driven by investments into construction projects and oil exports.
• Germany will reflect a strong rise, displaying a 5.8% CAGR through 2031.
• GCC countries are a high potential market driven by a lucrative and matured oil and gas sector.
• Government investments towards smart city programs are driving notable demand for pre-insulated pipes in India.

“Frequent advancements in pre-insulated pipes configurations and adoption of district heating and cooling systems in recent years has provided impetus to sales and revenue. Increasing demand from suppliers and from end-use industries are propelling growth. The use of polymer materials in pre-insulated pipes is gaining prominence in district heating and cooling systems for efficient transfer of hot and chilled water for commercial and residential applications. The requirement of the modern energy systems is witnessing a steady rise which bolsters sales prospects for pre-insulated pipes as well,” says the FMI analyst.

R&D Collaborations with Local Players Gain Ground

The pre-insulated pipes market is likely to grow at a moderate pace during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of district heating and cooling that meet the requirements of consumers. Collaboration with local players and developing new technology in the form of smart grid and advanced pre-insulated pipe offerings is a prime strategy expected to gain traction in the forecast period.

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Competitive Landscape

The market is fragmented, with key players accounting for approximately one-fifth of the market share. These players are likely to invest in new technology developments and the expansion of their networks to maintain their market shares. Some of the key players in the market are Georg Fischer AG, Uponor Corporation, Watts Water Technologies, LOGSTOR A/S, Brugg Group Ag, Polypipe Group PLC, Vital Energi Utilities Limited, Perma-Pipe International Holdings Inc., Elips – Empower Logstor, KE KELIT, etc.

• Flexenergy supplied 50 meters of 90mm pre-insulated polybutylene pipe and 100 meters of 75mm pipe in a contract with James House in York for heating and hot water applications in July 2020.
• GF Piping Systems announced the acquisition of a 49% 2017 stake in Canada-based piping system manufacturer Urecon Ltd., with a goal of complete acquisition which was completed in 2019.
• Empower-Logstor Insulated Pipes Systems announced the opening of the UAEs largest pre-insulated pipe production facility for a valuation of US$ 25 million. Logstor also won a contract to supply 20 kilometers of pre-insulated pipes for Al Jaber Construction.

Valuable Insights into Pre-Insulated Pipe Market

Future Market Insights, in its new report, presents an unbiased analysis of the pre-insulated pipe market, covering historical demand data from 2016-2020 and forecast figures for the period between 2021 and 2031. The study divulges compelling insights into the growth witnessed in the market. Based on the pre-insulated pipe market based on material type, has been classified into metals & alloys, and polymers. The phospholipid is also classified based on pipe configuration, installation, end-user, and region. Regionally, the phospholipid market covers North America, Latin America, Europe, East Asia, South Asia & Pacific, and MEA.

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The global sea water pumps market is anticipated to experience significant growth over the forecast period, due to multiple driving factors such as increase in ship building activities and rise in the number of desalination plants being set up across several geographies.

The global sea water pumps market is estimated to be valued at US$ 1.3 Bn in 2022, increasing at a CAGR of 4.3% from 2022 and 2028. Growth is also being driven by the need to replace old sea water pumps and innovation in pump technology.

Sea water pumps are large, powerful pumps that are used to transfer or circulate sea water in a variety of applications. They are increasingly being used in ship water cooling systems, desalination plants, and oil refineries.

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Key Takeaways of Sea Water Pumps Market Study

• The centrifugal sea water pumps segment is expected to hold major share of the global sea water pumps market value as compared to positive displacement sea water pumps.
• On the basis of end use, the ships segment is expected to hold prominent value share of the global sea water pumps market. These pumps are used in weight transfer function, firefighting, bilge pumping, and high pressure pumping an air conditioners.
• By sales channel, offline sales channel is estimated to remain a key segment on the back of consumer preference towards customized sea water pumps.
• Asia Pacific is projected to hold prominent market share in terms of value in the global sea water pumps market. This growth is being propelled by rapid increase in ship building in countries such as China, South Korea, and Japan. These countries hold 70% share of the ship building market.
• However, the Middle East & Africa sea water pumps market is expected to project lucrative growth during the forecast period. This growth is attributable to increasing investments for desalination plants in the region.

“Sea water pumps are utilized in a variety of applications, ranging from ship building to desalination plants. Each of the applications has a different requirement, and therefore, enterprises are developing products as per specific demand.”

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Sea Water Pumps Market by Category

By Product:

• Centrifugal Pumps
• Positive Displacement Pumps

By Operation:

• Submersible
• Non-submersible

By End Use:

• Ships
  • Ballast Transferring
  • Firefighting
  • Bilge Pumping
  • High Pressure Deck Washing/Engine Cooling
  • Air Conditioning
• Desalination Plants
• Oil Refineries

By Flow Rate:

• 1 – 50 M3/H
• 51 – 150 M3/H
• 151 – 350 M3/H
• 351 – 500 s M3/H
• Above 500 M3/H

By Region:

• North America
• Latin America
• Europe
• Japan
• APEJ
• MEA

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According to Future Market Insights (FMI) the Global Milk Tank Cooling System Market is expected to grow with a year-on-year growth of 3.2% in 2022 reaching a value of about US$ 656.7 Mn by 2022 end. Industry is implementing automation to increase efficiency and reduce labour costs. Between 2022 and 2029, the global Milk Tank Cooling System Market is expected to grow at a significant CAGR of 3.3 percent.

FMI has identified Europe as one of the most important markets. Europe leads the global market for milk tank cooling systems due to its significant dairy sector share, followed by North America. By the end of 2029, North America and Europe are expected to have a combined revenue share of 54.6 percent of the global market.

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Key Takeaways – Milk Tank Cooling System Market Study

• Milk tank cooling systems play a vital role in the transportation of milk as the time lapse between milk collection and reaching the designated centre could result in milk spoilage.
• As a result of the flourishing dairy business, small- and medium-sized milk farms have been incorporated into the business structure of dairy cooperatives and other big farms. This led to fluctuations in milk tank cooling system market, as small- and medium-sized players have slowly been wiped out.
• Closed type in milk tank cooling systems is given preference, as these systems are integrated with self-cleaning and automatic temperature maintenance provisions as per the cooling stage. This has slowly led to decline in demand for open end type of milk tank cooling systems, which require manual labour for cleaning and constant supervision.
• In terms of capacity, milk tank cooling systems within 1,000 litre capacity are widely used owing to the ease of usage and operation. As compared to the higher capacity tanks, there are less indoor/outdoor placement issues as these require reduced space.

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Milk Tank Cooling System Market: Competition Overview

The global milk tank cooling system market is highly competitive, with the presence of large number of small- and medium-sized players actively operating in the global market. Danfoss, GEA Group AG, Paul Mueller, Denso, and Packo Cooling are identified as prominent players in the global milk tank cooling system market. Adoption of automated milk tank cooling systems and association of local milk farms with dairy co-operatives are key growth strategies adopted by market participants.

What Is Covered in the Report?

The research scope of the global milk tank cooling system market has been primarily bifurcated into three segments: application, configuration and capacity. The study provides an in-depth analysis of market sizing, forecasting, and market share analysis for milk tank cooling system. The report delivers a comprehensive assessment of the important dynamics of the milk tank cooling system market. The scope of the research includes milk tank cooling systems installed in milk farms and milk processing plants.

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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 7-years.

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Loader buckets have been used as an attachment in material handling equipment to load the debris of solid materials from the generated site towards other places or loading in the transporting vehicles. The loader bucket market will reach US$ 3 Bn in 2022 and see a promising CAGR over the forecast period (2022 – 2029).

Consumers are being urged by mounting environmental concerns to recycle and manage their waste. Initiatives to manage waste and recycle are essential for addressing environmental problems. Equipment for material handling is necessary for landfilling and other related tasks. Success in waste management is anticipated to come from the combined efforts of the public and private sectors.

The market’s growth would be directly dependent on the mining and construction industries, which are expected to grow at a rate of 3 – 4 percent, respectively. Nonetheless, the market is expected to see a significant increase in demand from the waste recycling and management sector. Loader buckets are increasingly being used in these industries, with demand being driven by off-road heavy vehicles used in waste management and recycling, construction, and mining.

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Loader Bucket Market Key Takeaways

• With healthy investments and implementation of construction projects undertaken by public and private sectors, global material handling equipment fleet and subsequent sales are expected to augment, including the sales of associated accessories and components such as bucket loaders.
• According to the United Nations, for sustainable development, Asia Pacific would need about US$ 1.5 Tn spending on infrastructural investment, which is equivalent to 5% of the region’s GDP in 2018.
• Observing the trends in the mining sector, it has been inferred that demand for loader buckets is expected to be generated mainly from surface/open pit mining for ferrous minerals and coal, with the Americas and Asia Pacific being major mining hubs.
• General purpose buckets are the most recognizable loader buckets as they are capable of accomplishing versatile tasks such as dredging, mining, demolition, excavation, landscaping, landfilling, grading, and heavy lifting in harsh environments. This configuration is estimated to capture almost one-third of the global loader bucket market share.
• Since waste management has strong linkage to many global challenges, the incorporation of waste recycling facilities in many countries such as the U.S., Germany, South Korea, and China has increased, in turn, creating substantial market space for loader buckets.

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Construction and mining sectors at present are the chief employers of bucket loaders. However, the market will witness a significant impetus from waste management sector in the near future.

The loader bucket market is estimated to be a fairly consolidated market, where market players such as Komatsu Ltd., Caterpillar Inc., and Deere & Company are expected to continue witnessing strong sales order inflow and retain their dominance throughout the forecast period.

Brief Synopsis

The construction industry is playing a pivotal role in the loader bucket market and is expected to bag high volume orders of loader buckets in the global market. Though the mining industry is in a recovery phase in Europe, the region is expected to demonstrate moderate growth in the loader bucket market, backed by favorable end-use industry dynamics and increasing concerns towards waste management. Manufacturers of loader buckets are aiming to offer low lifecycle cost and durable loader buckets.

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Loader Buckets Market by Category

By Capacity :

• Below 1 yd3
• Between 1 yd3 to 5 yd3
• Above 5 yd3

By Bucket :

• General Purpose Buckets
• Light Material Buckets
• Heavy Duty Buckets
• Multi-purpose Buckets

By Loader :

• Excavators
• Wheeled Backhoes
• Wheeled Loaders
• Skid Steer Loaders
• Others

By Application :

• Rock
• Woodchip
• Coal
• Sand & Gravel
• Waste Handling
• High Dump

By Fit Type :

• First Fit
• Re-Fit

By End Use :

• Construction
• Mining
• Waste Management & Recycling

By Region :

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

About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 7-years.

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Backflow preventer sales are expected to reach US$ 367.4 Mn in 2021, according to Future Market Insights (FMI), an ESOMAR-certified research and consulting firm, with a stable long-term projection. COVID-19’s recessionary effects on construction activities slowed backflow preventer demand in 2020, causing backflow preventer sales to slow.

However, barring a few countries, the water infrastructure development activities have resumed at a healthy rate post Q2 of the financial year. With the sector undergoing a recovery mode, the immediate as well as long-term growth outlook of backflow preventers market remains positive.

The lifetime cost of a plastic backflow is far less than in the designs of the past. In present times, entire assembly of backflow prevention device manufactured with new composite materials can equal the costs of one part of the assembly in older models.

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Considerable increase in government norms and regulation for plumbing industry is expected to create growth opportunities. The increasing inclination towards reduced pressure zone backflow preventers in developed and developing countries across the globe is expected to drive the market.

Key Takeaways from Backflow Preventers Market Study

• Global backflow preventer market is expected to exhibit 3.7% CAGR between 2021 and 2031
• The U.S. is projected to account for over 75% sales in North America, thanks to increasing residential construction
• Increasing focus on waste water treatment will enable the U.K. register 1.9% y-o-y growth in 2021
• Increasing construction activities will drive growth in Germany and France
• Increasing government spending towards waste water treatment will drive growth in Japan and South Korea

“Stringent laws implemented to ensure safe drinking water are expected to give impetus to the backflow preventer market. In addition to this, innovation of new connected backflow preventers will enable the market gain momentum at a steady pace through the forecast period. Competitive price offering, increase in end user satisfaction in terms of performance, and use of advanced technologies are some of the key strategies implemented by manufacturers operating in the market,” says FMI analyst.

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Competitive Landscape:

The backflow preventers market is understood to be fairly consolidated, with key players accounting for nearly 60% of overall market value share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in the market are Honeywell International Inc, Rexnord Corporation, Conbraco Industries Inc., Watts Water Technologies Company, Emerson Electric Co., Caleffi S.p.a., W.W. Grainger, Inc., A.R.I. Flow Control Accessories Ltd, BEULCO GmbH und Co. KG and others.

Backflow preventer market is estimated to witness sound growth during 2021-2031. However, as it is a matured market, companies are expected to concentrate further on research and development activities to develop more in the field of water management that meet personalized requirements of consumers. Collaboration, mergers and acquisition with regional companies are some of the key strategies market players are likely to focus on to gain competitive edge.

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Backflow preventers Market by Category

Product Type

• Atmospheric Vacuum Breaker
• Pressure Vacuum Breaker
• Double Check Valve Assembly
• Reduced Pressure Zone

Material Type

• Stainless Steel
• Plastic
• Ductile Iron
• Bronze
• Other Materials

End Use

• Residential
• Commercial
• Industrial
  • Sprinkler & Irrigation
  • Water & Wastewater
  • Chemical Processing

Region

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

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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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The global echo sounders market is anticipated to be worth US$ 298 million by the end of 2022. During the forecast period of 2022 to 2032, the market is estimated to grow at aCAGR of 3.3%, with a closing value of US$ 412 million. During the historical period 2016-2021, the market increased at a 2.9 percent CAGR.

Single beam echo sounders have a wide range of capabilities, including frequency agility to support existing transducer installations, compatibility with traditional thermal record printing, and modern PC screen-based interfaces. However, as multi-beam echo sounders have evolved, their capabilities have expanded to include features such as pulse length, number of beams and coverage, and operating frequency, allowing them to be used in new applications.

Echo sounders are a type of Sound Navigation and Ranging (SONAR) device that records the time intervals between emission and pulse return to determine the depth of the water as well as the sound speed. Following the Titanic disaster in 1912, German physicist Alexander Behm developed the technique of echo sounding to detect icebergs and measure sea depth.

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Furthermore, a dual-beam technique in the 1970s, permitting direct fish size in-situ through target strength estimation was invented, followed by the development of the first portable split-beam hydro acoustic system for better accuracy and less variable estimation. The global echo sounders market is estimated to grow at a significant CAGR during the forecast period owing to low power consumption, inexpensive tools, and innovations in product development.

Echo Sounders Market: Dynamics Drivers:

Single beam echo sounders provide an inexpensive seabed mapping tool when attached to a recording device and GPS which is expected to enhance the growth of global echo sounders market during the forecast period. Furthermore, technological advancements in multi-beam echo sounders are potentially making them a cost-effective system. Moreover, the requirement for compact systems with low power consumption in autonomous or remotely operated vehicles are expected to augment the echo sounders market over the forecast period.

Restraints:

The speed of sound is directly proportional to density of the water that can be affected by various factors such as turbidity, temperature of water sample, pressure and salinity, and consequently expected to hamper the growth of the global echo sounders market during the forecast period.

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Trends:

With the development of the multi-beam echo sounders systems for offering narrow bandwidths, there is further demand for complementary increase in the number of beams provided to retain full ensonification of the seabed. Furthermore, to provide better control over the application and distribution of soundings, progress in the provision of greater number of soundings has been allied for advancement in beam-forming technology.

Echo Sounders Market: Region-wise Outlook

North America is expected to dominate the global echo sounders market during the forecast period owing to stringent marine regulations and awareness among consumers for better operations. Furthermore, Europe is estimated to witness significant growth rate during the forecast period owing to growing military & defense applications in France, the U.K. and other parts, with growing adoption of advance technologies for better and accurate results. Moreover, Asia Pacific is expected to register substantial growth over the forecast period majorly due to countries such as China, India and ASEAN, which deals with import and export through shipments as their way of business. The Latin America and Middle East & Africa markets are estimated to enhance the growth of the global echo sounders market due to adoption of single as well as multi-beam echo sounders for better safety and results.

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Echo Sounders Market: Participants

Examples of some of the market participants in the global echo sounders market are:

• Kongsberg Maritime AS
• Navico
• Knudsen Engineering Ltd.
• Teledyne Odom Hydrographic, Inc.
• CEE HydroSystems
• FURUNO ELECTRIC CO., LTD.
• KAIZEN IMPERIAL
• Fugro
• Sonar Products Limited
• Neptune Sonar Ltd

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