Market Research Blog – Page 9693 – New Product Development

BRICS Aerial Work Platforms Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends : FMI

Surging demand across telecommunication sector in Taiwan, Indonesia, Brazil, India and China is likely to drive BRICS aerial work platforms market during the forecast period. Boom lifts are expected to gain significant traction in BRICS aerial work platforms market on account of increasing use in the intricate architectural settings with limited access. Additionally, boom lifts offer various benefits that includes compact design, standard oscillating axle, tight turning radius, mobility and more platform height.

Haulotte Company in BRICS aerial work platforms market was recently helped IGA (Istanbul Grand Airport) in onsite building world’s largest airport mega-project in Turkey. For the same, the leading company is planning to utilize over 300 Haulotte aerial work platforms, which further drives the growth of BRICS aerial work platforms market.

Key players in BRICS aerial work platforms market are further planning to focus on developing boom-supported and low-weight elevating aerial work platforms for catering to the end-user demands effectively. These manufacturers in BRICS aerial work platforms market are also planning to work on automating the manufacturing processes in a bid to enhance product reliability and quality.

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Large-scale construction projects, increasing installation and maintenance activities of street lights, power cables and transformers, up-gradation of fire-fighting stations and relatedinfrastructure, and increasing organization of festivals, concerts and corporate events are driving the need for AWPs across geographies. These platforms can be controlled using various methods such as vertical, lateral, rotational, and ground movement. Movement of these platforms is initiated with the help of compressors or hydraulics. The AWP industry can be divided into rental and privately owned segments.

Rental companies account for the largest share of the global AWP market and it predominates theprivately owned sector. The main reasonrental sector dominates the privately owned sectoris due to the safety factor, as rental firms not only provide trained personnel to handle the machinery. AWPs are broadly categorized as boom lifts, scissor lifts and mechanical lifts. Boom lifts are further classified into straight and articulated boom lifts.

Players in the AWP market adopt various strategies to gain market share, enhance sales, promoteproducts in non-rental segments such as military and governmentand expand in the utility business and service industry. Also, finding niche areas in the market that demand specific size and application ofAWPsoffers a window of opportunity to increase market share.

Some players in the market include Caterpillar, MEC Aerial Work Platforms, Terex, JLG Lift and Access Equipment, Snorkel Lifts, Tadano, Haulotte and others.

Safety measures for AWPs is a major issue for which construction developers need to follow standards and norms as specified by concern specified by the Occupational Safety and Health Administration (OSHA). AWPs are crucial equipment for construction and building maintenance. Increased scale with regard to construction projects and decline in availability of labour force is anticipated to favour growth in the construction equipment industry and hence, the AWPmarketin the near future.

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This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically-supported and industry-validated market data.It also contains projections usinga suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications. The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain

Regional analysis includes

Brazil
Russia
India
China
South Africa

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

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Brics Aerial Work Platforms 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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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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CO2 Laser Market Future Scenarios, Growth and Analytical Insights – 2029, FMI

Use of CO2 laser causes less bleeding, less pain and a significantly reduced risk of infection, making it a preferred choice in medical and cosmetic surgeries. CO2 laser is since being used as an incision tool in various surgeries, like dermatology, neurosurgery, otorhinolaryngology, plastic surgery, gynaecology and ophthalmology.

Apart from these, CO2 laser also finds applications in military, communications and different manufacturing industries, making it one of the most widely used type of laser in the industry.

Due to their high power capabilities, CO2 laser are widely used in industrial applications for cutting, engraving, and welding. In 1984, CO2 laser was approved by the U.S. Food and Drug Administration (FDA), making its application in the healthcare industry more mainstream.

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CO2 laser, invented in 1964, is a high power laser used for cutting through ferrous and non-ferrous metals. CO2 laser is a mixture of various gases like carbon dioxide, nitrogen, helium, xenon and/or water vapor and even hydrogen sometimes.

CO2 laser finds its applications in a number of manufacturing industries as well as in health and diagnostics field. CO2 lasers are used for cutting highly precise designs from materials of varying thickness, at a high speed. Hence, they are used in cutting, welding and drilling components, ranging from very small to large sizes.

CO2 lasers have become a go-to choice for cosmetic surgeries like skin lesion and anti-aging surgeries. It is also being used in various complex surgical processes like neurosurgery, spine surgery and ophthalmology, among others, where large excisions are involved and anticipated loss of blood is significant.

Use of CO2 laser in design for manufacturing (DFM) has been gaining prominence in a number of manufacturing industries. DFM helps manufacturers make a manufacturing process easier, economical and efficient, by checking if a product design can be put into manufacturing process.

With the use of CO2 lasers, manufacturers are now able to incorporate more complex designs into manufacturing process, as CO2 lasers are capable of achieving high precision cutting even for complex designs. On the other hand, CO2 laser is increasingly being used in military applications, for LIDAR imaging, which serves as a better alternative to satellite imaging, due to its higher accuracy in imaging.

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Regional Outlook

East Asia region is expected to dominate the global CO2 laser market, owing to the high demand from electronics, semiconductors and manufacturing industries in China, Japan, and South Korea. East Asia is anticipated to grow the fastest in the CO2 laser market, driven by the growing manufacturing sector in India. Europe is also expected to hold a dominant share and grow at a moderate pace in the global CO2 laser market, owing to the maturity in the adoption of CO2 laser in various end use industries. North America is also expected to exhibit similar growth pattern in the CO2 laser market growth.

Market Participants

Some of the key market participants identified in the CO2 Laser market across the globe are:

TRUMPF
Coherent, Inc.
FANUC CORPORATION
Han’s Laser Technology Industry Group Co., Ltd
El.En. S.p.A.
LIGHTMACHINERY, INC
AMTEC
Epilog Laser
Control Laser Corporation USA
Kern Electronics & Lasers, Inc.
PRC Laser Corporation

Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil, Argentina, Chile, Peru)
Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics)
South Asia (India, ASEAN, Others)
East Asia (China, Japan, South Korea)
Oceania (Australia, New Zealand)
Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with CO2 Laser market attractiveness as per segments. The report also maps the qualitative impact of various market factors on CO2 Laser market segments and geographies.

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By Market Segmentation

The overall CO2 Laser market can been segmented on the basis of application as:

Therapeutic & Diagnostics
LIDAR Imaging
Cutting & Perforations
Welding
Drilling

The overall CO2 Laser market can been segmented on the basis of output power as:

Up to 50 W
50 W to 500 W
500 W to 1000 W
Above 1000 W

The overall CO2 Laser market can been segmented on the basis of end use sector as:

Military & Defence
Aerospace
Metal Processing
Healthcare
Manufacturing
Automotive
Telecommunication

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Turbomachinery Control System Market Comprehensive Research Study and Strong Growth in Future 2029: FMI

This Turbomachinery Control System market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Turbomachinery Control System market.

Turbomachinery Control System is an integrated turbine & compressor control system. The turbomachinery control system helps to end users such as utility and industrial providers to replace the black box turbine & compressor controls with the single device known as turbomachinery control system. The turbomachinery control systems are majorly used in power generation, upstream oil and gas, and process facilities.

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While ensuring over-speed protection, turbomachinery control system provide more control to the speed of gas, hydro and steam turbines. It also offers more protection for compressors, load balancing between generators or compressors to allow for the most efficient use of resources and alarm management capabilities.

The presence of abundance of natural gas and increasing application across various end use industries expected to create significant growth in the consumption of natural gas, in turn, drive the demand for turbomachinery.

Regional Outlook

North America industrial sector established strong base in the global turbomachinery control system market which results in stable demand for industrial equipment, expected to create growth opportunity for the turbomachinery control system. Currently, Europe witness high market share following North America for the turbomachinery control system in the global market owing to the presence of large number of manufacturers.

Asia Pacific is anticipated to create lucrative opportunity for the demand of turbomachinery control system owing to the increasing industrialization and largest energy-consuming region, worldwide. High growth is seen in developing nations such as China, and India which expected to upsurge the market growth in the Asia Pacific region. Latin America and Middle East & Africa showing less adoption in the global market, although estimated to contributing towards the growth of turbomachinery control system market.

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Regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Europe (Germany, Italy, France, U.K, Spain, Russia)
South Asia (India, ASEAN)
East Asia (China, Japan, South Korea)
Oceania (Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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

Market Participants

Globally, the turbomachinery control system market is expected to be fragmented as the market several small to medium-sized companies which are competing with each other. Established manufacturers involved in the turbomachinery control system focusing merger and acquisition strategy in order create dominance in the global market. For instance, on 2nd July 2018, ABB Group completed its acquisition with GE industrial solutions and acquire GE’s electrification solution business. This acquisition increase growth opportunities of ABB’s in digital offering.

Some of the key players involved in the turbomachinery control system market include Honeywell Technology Solutions, Schneider Electric SE, Rockwell Automation Inc., Woodward Inc., ABB Group, Siemens AG, Emerson Electric Co., Voith AG, General Electric, MAN Diesel & Turbo SE, Technics Systems Solution, Turbomachinery Control Solutions LLC, Tri-sen Systems Corporation, Stork, Elliot Group, among others.

The research report presents a comprehensive assessment of the turbomachinery control system market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to turbomachinery control system market segments such as application and end use industry.

A mechanical control unit incorporated in the turbine main unit, which is the precursor of turbomachinery control system which are based on DEHC (Digital Electro-Hydraulic Controller) or EHC (Electro-Hydraulic Controller). This caused problem that different hardware used fixed between power generating plant control system and turbomachinery control system. Hence, Yokogawa India Ltd. developed CENTUM VP which is an I/O module integrates DEHC and DCS features to monitor and control the power generation plant and turbomachinery control using unified hardware, contributing towards the turbomachinery control system market growth.

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By Segmentation:

Globally, the turbomachinery control system market can be segmented on the basis of application and end-use industry

Based on the Application, the global turbomachinery control system market can be segmented into,

Generator Controls
Compressor Controls
Turbine Controls
Others

Based on the End-Use Industry, the global turbomachinery control system market can be segmented into,

Oil & Gas
Chemical & Petrochemical
Transportation
Power Generation Sector
Food and Beverages

The integration of turbomachinery equipment into a single control system is difficult and it require high investment. Moreover, governments of various countries are shifting to cleaner energy sources to reduce carbon emission levels from conventional fuels. This trend will drive the customer to shift towards renewable source based generation, which reduces the deployment of turbomachinery. Therefore restraining the growth of the turbomachinery control system market in the forecast period.

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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.

Gas Insulated Substation Market Expectations & Growth Trends Highlighted Until 2031

According to the latest Future Market Insights (FMI) analysis, sales in the gas protected substation market are expected to top US$12.5 Bn by 2021. The growth outlook remains positive as the market is assessed to register a 5.7% CAGR between 2021 and 2031.

FMI has identified General Electric, Hitachi Ltd., ABB, Infosys, SIEMENS AG, and Mitsubishi Electric Corporation as leading players in the gas insulated substation market. The top ten market players are expected to account for nearly half of the demand registered through the forecast period.

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Key Takeaways of Global Gas Insulated Substation Market Study

Indoor based installed units are estimated to gain close to two-thirds of the overall market in the forecast period. Increasing necessity for small and low maintenance power systems will favour the adoption of the system type.
While high rated voltage units are deemed to be the leading segment, medium rated voltage unit is expected to register higher growth surpassing growth exhibited by other prototypes owing to demand from the manufacturing sector
North America, Europe and East Asia have been identified as leading regional markets owing to robust investments and growth in civic infrastructure and industrialisation
The gas-insulated substation demand in India will grow by 6.4% CAGR over the assessment period, from 2021 to 2031
The gas-insulated substation market in China is expected to total US$2.9 Bn by 2031

“Automation based operating substation is expected to be a key trend adopted by system providers which is likely to be embraced in full capacity by various end users. New installations as well as upgrading ageing infrastructure will drive the market growth” says FMI analyst.

Competitive Landscape

The market is highly competitive. As per FMI, tier-1 companies are estimated to occupy half of the demand in the market. The leading players are likely to pursue robust channel partner based supply chains as well as create supply chain contracts directly with end-users to customise solutions as per their requirements.

After-sales repair and maintenance programs offered by OEMs or tie-up with channel vendors are other trends witnessed in the market. Some of the key players in the market are General Electric Company, Hitachi, Ltd., ABB Ltd, Larsen & Toubro Limited, Siemens AG, Mitsubishi Electric Corporation, Eaton Corporation PLC, and Toshiba Corp, CG Power and Industrial Solutions Ltd, Schneider Electric SE., amongst others, etc.

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2016-2020 Gas Insulated Substation Market Outlook Compared to 2021-2031 Forecast

Driven by an increased focus on research and development and investment in the power generation sector, the gas insulated substation market will rise at 5.7% CAGR between 2021 and 2031 in comparison to 3.8% CAGR registered during 2016-2020.

Over the forecast period, the growing demand for small, low-maintenance power systems is expected to drive the market. In comparison to air-insulated substations, gas-insulated ones have higher efficiency and dependability.

Because gas-insulated substations require less area than their equivalents, rising per hectare land values are predicted to stimulate prospects for expansion. Due to their lower space use, these substations require 90% less area than other power plants, which enables growth in the market.

Market growth is predicted to be driven by rising energy consumption in emerging nations as a result of changing lifestyles and increasing per capita income. It is expected to gain traction in the market since it can be planted in a small space also it protects the environment using sulphur hexafluoride gas whereas Air-insulated substations are more likely to pollute the environment, whereas gas-insulated substations are more environmentally friendly.

Leading manufacturing companies are focusing on expanding their product offering and are employing omnichannel sales channels across various regional markets. To improve their revenue generation, companies are directly making contracts and proposal bidding with end-users and governments, which is helping them in revenue generation.

Rising safety concerns, reliability, and substation security are projected to fuel demand in the market in the coming years. Longer life spans and one-time investment requirements for gas insulated substations are expected to continue to drive the market.

Since the sulphur hexafluoride is a greenhouse gas, its use in substations can impact the market growth. However, its market is expected to grow at a higher rate owing to its advantages over other options.

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Gas Insulated Substation Market by Category

By Basis of Installation:

Indoor
Outdoor

By Voltage Rating:

Medium voltage (Up to 72.5 kV)
High Voltage (72.5 kV – 220 kV)
Ultra-High Voltage (220 kV – 765 kV)

By End-user:

Power Transmission and Distribution
Manufacturing and Processing

By Region:

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

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Brazing Torch Market Navigation, Imaging and Positioning Solutions Market

Future Market Insights upcoming report on global Brazing Torch market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Brazing Torch market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Brazing Torch market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the Brazing Torch market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming 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 Brazing Torch 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 Brazing Torch market.

Key Questions Answered in the Report

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

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Brazing Torch Market: Segmentation

By Region

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middles East & Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Brazing Torch market report with established market players as well as incumbents in the region.

By Product Type:

MIG/MAG
TIG
Plasma

By Cooling Method:

Water cooled
Gas Cooled

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Illinois Tool Works Inc.
ESAB
Panasonic Welding
SKS Welding Systems
EWM AG
Parweld 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 Brazing Torch market

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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 Brazing Torch 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 Us

Brazing Strips Market : Notable Developments & Geographical Outlook -2031

Future Market Insights upcoming report on global Brazing Strips market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Brazing Strips market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Brazing Strips market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

To Get Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13289

To receive the detailed insights about the Brazing Strips market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

Key Questions Answered in the Report

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

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Brazing Strips Market: Segmentation

By Region

North America
- US & Canada
Latin America
- Brazil, Mexico, Others
Europe
- Germany, Italy, France, U.K., Spain, BENELUX, Russia
South Asia Pacific
- India, ASEAN, Australia and New Zealand (ANZ)
East Asia
- China, Japan, South Korea
Middle East and Africa
- GCC Countries, Turkey, North Africa, South Africa

Detailed analysis on the geographical region and country wise insights are offered in the latest Brazing Strips market report with established market players as well as incumbents in the region.

By Type:

Nickel Base
Silver Base
Gold Base
Aluminum Base
Copper Base
Others

By End-Use:

HVAC
Automotive
Aerospace

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Harris Products Group
Lucas-Milhaupt
Umicore
Morgan Advanced Materials
Johnson Matthey
Fusion
Wall Colmonoy
Tokyo Braze
Bellman-Melcor

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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 Brazing Strips 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 Us

Chlorine Market is Estimated to Register a Strong CAGR of 4.3% CAGR from 2022 to 2032 | Exclusive Report by FMI

In 2022, the world chlorine market is estimated at 14.35 billion US dollars. The market is forecast to reach nearly US$21,862.3 million by 2032, with an increasing CAGR of 4.3% from 2022 to 2032. Chlorine is yellowish-green in color and exists in a gaseous state at average temperature .

It is the second lightest member of the halogen family. The demand for chlorine is increasing with increasing applications in the pharmaceutical and agrochemical industries. Increasing demand for end-use segments such as polyvinyl chloride (PVC) and ethylene dichloride (EDC) continues to drive growth in the global chlorine market.

This Chlorine market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

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Chlorine, the second-highest lightest chemical of halogen family scientifically appears between fluorine and bromine in periodic table of chemistry. Most Important compound derived from chlorine is common salt. Chlorine was first synthesized around 1630 in a series of chemical reaction.

Chlorine Market outlook

Chlorine is most vital substance used in manufacturing of PVC, chlorinated chemicals, water treatment etc. Rapid advancement in chemical engineering is serving as a catalyst to chemical market.

Chlorine is considered as a most valuable chemical in industry and expected to maintain the same trajectory. It has contributed immensely to the growth of numerous industries across globe and will continue to be pioneering chemical industry. The market is expected to grow with CAGR of 4.9 percent during the forecast period.

Chlorine Market: Growth factor and restraint

The market of chlorine looks demanding and will continue to drive industrial growth in near future. The economic outlook of chlorine market is witnessing a burgeoning growth owing to its demand across various sector.

For instance, it is being used extensively in production of durable plastics. High-rise buildings where gravity, rain and sunlight can deteriorate conventional pipes, chloride pipes on other hand are stronger and more durable.

Rapid urbanization and industrialization are leading to shortage of clean and hence chlorine water treatment plant are in high demand. Chlorine market is flourish in pharmaceutical industries where its demand its very high, especially in antiseptic and medicines.

The market supply chain is however weakened due to recent CO VID19 pandemic. Furthermore, strict regulations and government policies on chemical industries is not favourable options for new entrants There has been instances of hazardous accidents during transportation of chlorine, which is highly reactive and taxological in nature which further limits the growth of chlorine market.

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Key Players Benchmarking The Chlorine Market

Some of the key players in the Chlorine market are:

BASF SE
Olin Corporation
The Dow Chemical Company
Occidental Petroleum Corporation
Ercros
PPG Industries
Hanwha Chemical Corporation
Formosa Plastics Corporation
De Nora
Ineos Group Ltd
INOVYN
Tata Chemicals Limited
Xinjiang Zhongtai Chemicals Co.Ltd
Tosoh Corporation

An Eye On The Start-Ups

The chlorine start-ups are generating several processor solutions in the market by making use of latest technology to decrease costs and render energy without harming the environments in the past years.

NX Filtration, Dutch start-up develops hollow fibre membranes and modules for nanofiltration and ultrafiltration. Its Ultra range of ultrafiltration membrane is based on modified polyethersulfone (PES) chemistry that retains microorganisms, yeast, and floating particles while enabling proteins, salts, and small organic molecules. Moreover, these membranes have superior chlorine tolerance, pH and enable higher control of the membrane fouling rate.

Key Segments Of The Chlorine Market

By Application:

Isocyanates and Oxygenates
EDC/PVC
Inorganic Chemicals
Chloromethanes
Solvents and electrolysis
Pharmaceuticals
Electronics

By End Use:

Paper and Pulp
Water Treatment
Chemicals
Plastics
Pesticide
Durable Pipes

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Chlorine Market: Regional Analysis

In-depth analysis reveal that North America is leading the market, followed by Europe and Asia-Pacific. Middle east and Latin America are emerging as an attractive market for chlorine and derived products.

Developing nations like China and India where rapid urbanization is contaminating ground water. Chlorine water treatment plants are highly demanding in these countries which account for 3 billion of world population altogether.

Furthermore, cleanliness and sanitation are being considered as a top priority in developing nations, chlorine is a fundamental substance used in all public sanitation program and cleanliness drive.

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Cryogenic Pump Market is Projected to Reach the Valuation of US$ 1,979.6 Mn in 2032 | Exclusive Report by FMI

The global cryogenic pump market is projected to reach a valuation of US$ 1,979.6 Mn in 2032, with sales growing at a healthy CAGR of 6.7% over the forecast period of 2022 to 2032. Rising from an average growth rate of 4.6% from 2016 to 2021, the cryogenic pump market is likely to reach an estimated US$ 1,035 Mn by the end of 2022.

Elevated emphasis on solar power generation and focus on the development of solar PV manufacturing have resulted in the market expansion of cryogenic pumps over the forecast period. A vacuum pump that captures gases via condensation on a much cooled surface at a very low temperature of around 120K is categorized as a cryogenic pump.

These pumps are used on a large scale for the transportation, handling, and transfer of cryogenic fluids and liquefied hydrocarbons. The market for cryogenic pumps looks at multiple lucrative opportunities as there is a notable swell in the demand for the product from various end-use industry verticals such as power generation, healthcare, and many others.

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With many industries operating complex procedures involving liquid gases adopting cryogenic pumps, the future prospects of the product look bright during the assessment period. In the oil industry, oil and gas refining and other downstream processes include the consumption of industrial gases such as hydrogen, carbon dioxide, nitrogen, oxygen, and others for chemical synthesis.

Nitrogen and carbon dioxide are further utilized as injection fluids for enhanced oil recovery (EOR) as well as in oil field processes for gas cycling, gas lift, and reservoir pressure maintenance. Thus, the oil and gas industry is a prime consumer of cryogenic pumps and is likely to boost the market possibilities for the product over the projected period.

Though the future looks bright for the cryogenic pump market, there are certain factors that may restrain its upward climb. The efficiency of these pumps is largely dependent on the boiling and freezing temperatures of the gases involved. This factor coupled with leakages and loss of cryogens are elements that may hinder the market growth of the cryogenic pumps over the forecast period.

“Rising demand for energy and power is driving the demand for liquified natural gas (LNG) which in turn fuels the demand for its efficient handling and transportation. This will stimulate the market prospects for cryogenic pump over the forecast period,” says an FMI analyst.

Key Takeaways:

Large-scale application of cryogenic electronics to facilitate market growth.
High cost of raw materials may hinder the production of cryogenic pumps.
In 2022, the cryogenic pump market in North America will hold around 35.7% of the overall market share.
Europe is predicted to generate several profitable opportunities for the market.
Asia Pacific cryogenic pump market is set to account for 15.5% of the total market share.

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Competitive Landscape

ACD Cryo AG, Cryostar SAS, Sumitomo Heavy Industries Ltd., Flowserve Corporation, Brooks Automation Inc., Ebara Corporation, Nikkiso Cryo Ltd., PHPK Technologies Inc., Fives S.A., Cryoquip Australia and others are some of the major players in the cryogenic pump market that are profiled in the full version of the report.

In a highly competitive market, major players are concentrating on product development and new releases. These organizations are also engaged in strategies like facility expansions, partnerships and collaborations to enhance their market presence.

Key Segments Profiled In the Cryogenic Pump Industry Survey

Cryogenic Pump Market by Pump Functionality:

Centrifugal Cryogenic Pumps
Positive Displacement Cryogenic Pumps

Cryogenic Pump Market by Type:

Bath Cryopumps
Refrigerator Cooled Cryopumps
Supercritical Helium Cooled Cryopumps
Others

Cryogenic Pump Market by Application Gas:

Nitrogen-based Cryogenic Pump
Oxygen-based Cryogenic Pump
LNG-based Cryogenic Pump
Argon-based Cryogenic Pump
Other Gases-based Cryogenic Pump

Cryogenic Pump Market by End Use Industry:

Cryogenic Pump for Energy & Power
Cryogenic Pump for Metallurgy and Mining
Cryogenic Pump for Chemicals
Cryogenic Pump for Other End Use Industries

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More Insights into the Cryogenic Pump Market Report

In its latest report, FMI offers an unbiased analysis of the global cryogenic pump market, providing historical data from 2016 to 2021 and forecast statistics for 2022 to 2032.

To understand the global market potential, growth, and range, the market is segmented based on pump functionality (centrifugal cryogenic pumps, positive displacement cryogenic pumps), type (bath cryopumps, refrigerator cooled cryopumps, supercritical helium cooled cryopumps, others), application gas (nitrogen-based cryogenic pump, oxygen-based cryogenic pump, LNG-based cryogenic pump, argon-based cryogenic pump, other gases-based cryogenic pumps), end-use (energy and power, metallurgy and mining, chemicals, others), and region.

According to the latest FMI reports, based on region, the cryogenic pump market in North America is anticipated to exhibit impressive growth over the forecast period. Accounting for more than 35.7% of the global market share, this regional market is driven by the expanding industrial infrastructure and the growing investments in the oil and gas sector.

In Europe, the cryogenic pump market is expected to hold around 20.9% of the overall market share in 2022. Owing to a heightened focus on clean energy, advancing demand for LNG, and reduction in the number of reloading cargoes at airport terminals in Europe, the market prospects for cryogenic pump is highly positive over the forecast period.

The cryogenic pump market in Asia Pacific displays substantial growth over the forecast period. Gas-based power plants, favorable government policies, and a growing healthcare sector are factors that contribute to the regional market growth during the forecast period.

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Battery Manufacturing Machines Market Assessment and Key Insights Analyzed Till 2031

Future Market Insights upcoming report on global Battery Manufacturing Machines market uncovers hidden opportunities and potential threats. The report gives an incisive coverage on the Battery Manufacturing Machines market through a detailed segmentation on its key growth drivers, opportunities, restraints and challenges expected to prevail the market in the upcoming years. According to FMI, the industrial automation industry is expected to have a positive outlook through 2021 and beyond.

Increasing usage of machines and demand for high quality products in various industries coupled with installation of smart devices in the machinery are some of the factors propelling the growth of Battery Manufacturing Machines market in industrial automation industry. Industries are implementing the automation to increase the productivity and reduce labor costs. FMI provides detailed insights about the industry for the market players to craft their long-term strategies to maintain the competitive edge in the industry.

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To receive the detailed insights about the Battery Manufacturing Machines market, our experts relies on the primary and secondary research, and various wide range of data set gathered from organic and inorganic sources to provide estimates for the upcoming decade.

Understanding the Impact of Covid-19 on Industrial Automation Industry

Key Questions Answered in the Report

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

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Battery Manufacturing Machines Market: Segmentation

By Region

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

Detailed analysis on the geographical region and country wise insights are offered in the latest Battery Manufacturing Machines market report with established market players as well as incumbents in the region.

By Battery Type:

Li-Ion
Nickel Cadmium
Nickel Metal Hydride
Others

By End-use Industry:

Consumer electronics
Automotive
Power Industry

Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.

Competitive Analysis

By Prominent Market Players

Wuxi lead intelligent equipments co.
Yinghe Technology
Hirano Tecseed Co. Ltd.
Hitachi High-Technologies
Manz
CKD Co.
Buhler Group Co.
Katoaka SS Co.
Foshan Golden Milky

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Acaricide Market Estimated to Reach value of Approximately over US$ 399.8 Million by the end of 2032

The Global Acaricide Market is forecast to be worth US$ 399.8 million by 2032, up from US$ 262.4 million in 2022 and the forecast period achieve a CAGR of 4.3%. In agriculture and livestock, acaricides and acaricides are practical pesticides to prevent disease and protect livestock and crops.

A growing population, shrinking arable land and a drive towards environmentally responsible agriculture are all contributing to the increase in the use of miticides worldwide. Acaricides are pesticides that kill ticks and mites and help animals gain immunity against various infectious diseases. Acaricides work by interfering with the nerves, muscles, respiration and growth of mites and ticks.

Cattle farmers need to use acaricides to prevent tick infestation and injury to animals. Losses due to tick infestations can be considerable and ticks cause paralysis and physical damage to cattle. Some acaricides might be toxic to fishes and other wildlife and have to be applied cautiously to prevent damage to ecosystem.

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A large variety of diseases are transmitted by ticks that severely affect the livestock. Major diseases transmitted by ticks include theileriosis, heartwater, anaplasmosis, and babesiosis. In order to stop the transmission of diseases, the ticks need to be killed before they feed on vulnerable animals and transmit diseases to other organism.

Use of chemical acaricides is the most common and effective method of killing ticks. Emerging economies such as Asia pacific, Latin America and Eastern Europe represent major markets for acaricides due to high cattle farming in these regions.

Rising population is triggering high demand for agricultural output and meat consumption globally. Growth in crop and meat consumption is further expected to boost the global acaricides market over the forecast period of 2016-2026.

Drivers and Restraints

Emerging markets such as Brazil, India and China, with rapidly growing populations and faster economic growth, have steadily increased their meat as well as crop/ grain consumption. The increase in consumption of meat is expected to be major driver for acaricides market growth globally.

The rising demand for dairy products and new developments in crop industry are also among key driving factors for the acaricides market.

However, certain species of ticks and mites have developed resistance to acaricides, which pose certain limitations to acaricides market growth. High raw material cost and various stringent government regulations are also expected to hamper the growth of acaricides market over the forecast period.

Regional Outlook

Regionally, the acaricides market is segmented into seven key regions namely- North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan. Emerging economies of Asia Pacific, Latin America and Eastern Europe are expected to represent fastest growth in global acaricides market.

China and India are major consumers of acaricides due to intensive cattle farming. The use of acaricides to the control ticks growth has improved the viability of cattle farming in these countries. In contrast, demand for acaricides in North America, Western Europe, Japan, and South Korea will be moderate due to market maturity and already high use rates.

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Market Players

Some of the key players included in this study of global acaricides market are Bayer AG, Syngenta, Monsanto, DuPont, BASF SE, The Dow Chemical Company, Makhteshim, Nufarm, Sumitomo Chemicals and Arysta Lifescience.

Acaricide Market Segmentation

Acaricides market is segmented on the basis of type, application, mode of application and region.

On the basis of type, the acaricides market is segmented into the following segments:

Natural
Arsenicals
Chlorinated  hydrocarbons
Organo-phosphorous compounds
Others

On the basis of application, the acaricides market is segmented into the following segments:

Animal husbandry
Agriculture
Others

On the basis of mode of application, the acaricides market is segmented into the following segments:

Dipping vat
Spray
Spray race or Spray dip machine
Hand dressing
Others

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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