Specialty Oils Market to grow at a rate of 3.4% by 2032 | Get Customized Reports

The global specialty oils market is anticipated to grow from US$ 125,369.2 Mn in 2022 to US$ 175,703.8 Mn by the end of 2032, accelerating at a CAGR of 3.4% throughout the forecast period (2022-2032).

Rising demand for specialty oils across various end-use industries such as automotive, power generation, pharmaceutical, food & beverages, manufacturing, transmission & distribution, etc. is providing impetus to the growth of specialty oils market.

In recent years, rising electricity consumption has created enormous demand for transformer oil and the trend is likely to continue during the forecast period. This transformer oil is used to protect high-voltage electrical components used in electric utilities, including transformers, capacitors, switches, and circuit breakers. Due to its strong dielectric strength, viscosity, temperature adaptability, and other benefits, it is significantly employed as insulation between transformer windings and other parts.

The market of specialty oils has been substantially influenced by the rapid installation of power generation plants, power transmission, and distribution activities. According to World Energy and Climate Statistics – Yearbook 2022, global electricity consumption grew by 5.5% in 2021, which is 4.8% above its 2019 level.

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Thus, rising government investments and initiatives to develop and expand energy infrastructure across the world will push the demand for specialty oils like transformer oil during the forecast period.

Rapid installation of energy transmission and distribution facilities in developing countries is also anticipated to promote the sales of transformer oil which in turn will spur the growth of specialty oils market.

Similarly, growing usage of specialty oils across automotive and food & beverage will expand the global specialty oils market size during the forthcoming decade.

“Rapid growth of power generation and transmission infrastructure across the globe is expected to boost the demand for specialty oils over the coming decade,” says an FMI analyst.

Key Takeaways from Specialty Oils Market Report:

  • By product type, transformer oil segment is expected to account for about 9% of the overall market size.
  • By end-use industry, automotive, and power transmission segments are expected to collectively account for more than 48% of the overall consumption.
  • The U.S. will continue to remain one of the most lucrative markets for specialty oils during the forecast period.
  • India’s specialty oils market size is expected to reach around US$ 10,811.6 Mn by the end of 2032.
  • Specialty oils market in China is likely to grow at a CAGR of 3.7% during the forecast period,

Competitive Landscape

Leading specialty oil manufacturers include PaCalumet Specialty Products Partners, L.P., CASTROL LIMITED, Chevron Corporation, Exxon Mobil Corporation, H&R GmbH & Co. KGaA, Eni SpA, and others.

These key players are continuously adopting various strategies such as new product launches, mergers, acquisitions, collaborations, mergers, etc. to gain an upper hand in the global specialty oils market

For instance,

  • In July 2022, the Petroleum Nasional Berhad (PETRONAS) announced a strategic lubricant partnership with Tata Motors to supply lubricants for Tata Motor’s commercial fleet.
  • In July 2021, SKF and Quaker Houghton entered into a new collaboration to offer industrial customers a fully circular use of industrial oil.

More Insights into the Specialty oils Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the global specialty oils market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on product type, end-use industry, and region.

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Specialty Oils Market Segmentation

By Product Type:

  • White Oil
  • Automotive Oil
  • Transformer Oil
  • Industrial Oil
  • Liquid Paraffin
  • Rubber Process Oil
  • Petroleum Jelly

By End-Use Industry:

  • Automotive
  • Power Generation
  • Pharmaceutical
  • Personal Care & Cosmetics
  • Food & Beverages
  • Manufacturing
  • Heavy Engineering Equipment
  • Transmission & Distribution
  • Others

By Region:

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

About Future Market Insights (FMI)

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

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Traffic Road Marking Coatings Market to be worth US$ 9.34 Bn by 2032, Get Insights FMI

The global traffic road marking coatings market is expected to reach a market valuation of US$ 5.22 Billion by the year 2022, accelerating with a moderate CAGR of 6% by 2022-2032. Traffic Road Marking Coatings market size is anticipated to be valued at about US$ 9.34 Billion by 2032 end.

Road markings are designs, lines, or phrases painted on the ground to direct and regulate traffic on highways and to properly direct pedestrians. One of the materials used to indicate the delineation of traffic channels and act as a psychological barrier to guarantee smooth and orderly traffic flow is solvent-based and thermoplastic road marking paint.

One of the factors driving the traffic road marking coatings market size through the forecast period is the quick deployment of road and highway projects to relieve traffic congestion. For instance, the I-405 widening project in California, U.S., will involve a variety of construction projects throughout its 16-mile length from Long Beach to Costa Mesa. The adoption of traffic road marking coatings is anticipated to increase in the coming years as a result of these advances and the increased number of fatalities from traffic accidents.

One of the coating types that is expanding the fastest is epoxy. Epoxy coatings are frequently utilized in high traffic areas because they are affordable and dependable. As a result of their resistance to oil, transmission fluids, and gasoline, these coatings are chosen over plastics. The traffic road marking coatings market is anticipated to increase rapidly due to the rising demand for such tough coatings.

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Due to the strict code of conduct mandated by governments, demand in the polymer and coating industries also decreased. The supply of raw materials for the traffic road marking coatings market was slightly impacted by the COVID-19 outbreak. The pandemic and lockdown conditions severely disrupted the coatings industry’s whole production and supply chain, which also had an impact on the traffic road marking coatings market.

As per the traffic road marking coatings traffic road marking coatings market analysis, several road maintenance and construction projects expanded as a result of the decreased traffic, despite significant supply chain instability during the early months of the COVID-19.

In addition to allowing for road construction, the crisis and aircraft cancellations gave time to assess the best times to build a runway. For instance, Auckland Airport announced plans to advance its runway pavement replacement project by taking use of the opportunity presented by the traffic limitations during the pandemic in May 2020.

Key Takeaways from Market Study

  • While the Asia Pacific region is anticipated to experience the maximum growth during the projection period, Europe has emerged as the largest traffic road marking coatings
  • The traffic road marking coatings market is anticipated to reach a valuation of US$ 9.34 Billion by 2032.
  • Road marking lines were the most popular application category in 2021, accounting for a traffic road marking coatings market share of 55.1 percent.
  • Thermoplastic coating is anticipated to increase at the quickest rate of any product category during the forecast period, accounting for 23.3 percent of traffic road marking coatings market

Competitive Landscape

Companies like US Specialty Coatings, Swarco AG, Monarch Industrial Product (I) Pvt. Ltd., Geveko Markings (Sollix Group), Ennis-Flint (PPG Industries), and Crown Technologies are among those that compete in the traffic road marking coatings market. These companies use a variety of techniques to diversify their product offerings across the global market, including strategic product releases, acquisitions, and corporate expansions.

Recent Developments in Global Polycarbonate Market

PPG created the Traffic Solutions division in January 2021 after purchasing Ennis-Flint in order to produce and provide pavement-marking materials, such as thermoplastics and paint, for clients in the commercial infrastructure and other sectors.

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Traffic Road Marking Coatings Market by Segmentation

By Product:

  • Paint
  • Thermoplastic
  • Preformed Polymer Tape
  • Epoxy

By Type:

  • Permanent
  • Removable

By Application:

  • Road Marking Lines
  • Road Marking Labels

By Region:

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

About Future Market Insights (FMI)

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

Contact:

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Floor Screeds Market to surpass US$ 2.16 Bn by 2032, Says FMI

The size of the global floor screeds market is anticipated to increase steadily between 2022 and 2032, with a CAGR of about 5%, exceeding a valuation of US$ 2.16 Bn by that year. A significant factor driving the need for floor screeds is the rapid global expansion of the building and construction industry.

Floor screeds typically are cementitious material made up of a 1:4:5 or 1:3 ratio of cement to sharp sand. These floor screeds have increasing applications in the solid in-situ precast concrete floor or concrete ground floor units.

Floor screeds are often confused with concrete as they are quite similar. Cement, water and aggregates are the important materials used in the formulation of floor screeds. Floor screeds are smooth, soil-like mixture made from cement and fine, sharp sand with fine aggregates.

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The maximum grain size for dry screed is around 4 to 5mm. Floor screeds are most commonly used finishing material on internal floors, generally floor screeds are 50–100mm thick. Floor screeds offers smooth finish to the flooring.

There are various types of floor screeds used across the world. Bonded screeds, unbonded screeds, floating screeds and flowing screeds are the types of floor screeds. Bonded screeds are applied directly to concrete base, on the contrary unbonded screeds are applied to a water-resistant membrane that on top of the concrete.

Floating screeds are commonly used for underfloor heating systems, as floating screeds are applied onto insulating surface. Flowing screeds are also known liquid screeds. Industrial screed can be used for more heavy duty applications by using a more coarse aggregates.

Floor Screeds Market: Dynamics

Continuously growing population and increasing urbanization has led to the escalated the growth of building & construction industries. Growth in construction industries and the development of infrastructure has in turn led to the substantial increase in the demand for construction materials including floor screeds.

Considering the future prospective, growth of construction industry will be driven by continuous development of infrastructure and increasing building & construction activities, which suggests that there will be growth in the usage of construction materials such as floor screeds. Increasing infrastructural and real-estate investment, and shifting trends towards the construction of more aesthetic buildings with superior interior will positively influence the global floor screeds market.

Increasing disposable income and changing preference for good quality of flooring is projected to augment the demand for the floor screeds market over the forthcoming years. The growth if middle class population and increasing housing & commercial spaces has brought the floor screeds market in a very lucrative position in the global market.

The global floor screeds market is anticipated to create substantial amount of revenue for all the market participants across the market value chain, thus creating lucrative CAGR (Compound Annual Growth Rate) in near future.

Floor Screeds Market: Regional Outlook

The construction & infrastructure industry in Asia Pacific is witnessing stable growth, owing to the rising urbanization and population in the region, supported by the increasing number of construction projects started by government, owing to which Asia Pacific can be considered as prominent market for floor screeds.

North America and the European region is mainly focused on the Infrastructural development therefore countries under these regions could be also be a potential market for floor screeds. Increasing industrialization and urbanization have led to the growth of the building & construction sector in Latin America and hence, the region is pegged to be a promising market for floor screeds, whereas Middle East is also focused on the development of infrastructure which makes it a potential growth market for floor screeds in the forthcoming period.

Floor Screeds Market: Key Participants

Longcliffe Quarries Ltd., Sika Group, Cemex UK, Munster Floor Screed, Base Concrete Company, EasyMix Concrete UK Ltd., Rapid Readymix Concrete Limited, Flowcrete Group Ltd., Premier Floor Screed, Tarmac, LKAB Minerals and PC Flooring Ltd among others.

The Floor screeds market research report presents a comprehensive assessment of the Floor screeds market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.

The Floor screeds market research report provides analysis and information according to Floor screeds market segments such as geographies, application and industry.

The Floor screeds 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 Floor screeds market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Floor screeds market segments and geographies.

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Floor Screeds Market: Segmentation

The global floor screeds market can be segmented on the basis of its material type, screed type, screed thickness and end-use:

The global floor screeds market is segmented on the basis of material type:

  • Cementitious screed
  • Calcium sulphate screed
  • Synthetic resin screed

The global floor screeds market is segmented on the basis of screed type:

  • Bonded Screed
  • Unbonded screed
  • Floating Screed
  • Flowing Screeds
  • Heated Screeds

The global floor screeds market is segmented on the basis of floor thickness:

  • Less than 30mm
  • 30mm to 60mm
  • Above 60mm

The global floor screeds market is segmented on the basis of end use:

  • Residential
  • Commercial
  • Industrial

About Future Market Insights (FMI)

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

Contact:

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Global Ride-On Mower Market Is Forecasted To Be Valued At Us$ 4530.0 Million By 2032, Future Market Insights Inc.

The global ride-on mower market is forecasted to be valued at US$ 4530.0 million by 2032, up from US$ 3040.0 million in 2022, advancing at a CAGR of 4.1% during the forecast period. Ride-on mower is a type of garden or lawnmower which is operated by the user while sitting on it, unlike other mowers that are operated by being towed or pushed. The ride-on mower is similar to a small tractor which is attached to blades designed to mow large expansions of grass such as lawns or golf courses and even parks.

The Zero flip trip-on mower can be customized in step with the want of utilization; it could be converted into a mulching mower using a mulch plug which adds an advantage to the usage of the ride-on mower and is also a capacity factor for the trip-on mower market increase.

Journey-on mower is to be had in one-of-a-kind sizes depending on the mowing width, engine length, layout transmission including automated or manual, and catcher characteristics. Ride-on mower also comes with a strong source requirement, and possibly choose gasoline injected engine or you’ll opt for an electric riding mower which is likewise an energy green supply.

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Global Ride-on mower Market: Dynamics

The key driving factor for the growth of the ride-on mower market is the ease of work for a rider to mow large areas at high speed in the shortest time possible and receive optimum results. The sustainable and efficient environmental practice raises demand for an electric riding mower that is energy efficient and saves the fuel cost which is a potential factor in the growth of the ride-on mower market.

Another potential factor to the ride-on mower market growth is its appeal to ride to anyone who owns a big property and is interested in mowing lawns by themselves and enjoys zooming around the yard. Ride-on mower is a safe choice when it comes to using its alternative which can lead to safety issues while handing a typical towing mower or a walk-behind mower

The cost associated with a ride-on mower is relatively higher than the towed mower which restraints the demand for a ride-on mower. Moreover, technological advancement in biotechnology has given rise to artificial grass which is gaining consumer popularity in recent years. Thus the use of artificial grass eliminates the requirement of any mower as they don’t recurring watering, fertilizing, and mowing as required by natural grass and adds a major challenging factor to the ride-on mower market.

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Global Ride-on mower Market: Region Wise Outlook

The global ride-on mower market is divided into seven regions, namely North America, Latin America, and the Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan, and the Middle East and Africa (MEA). North America holds a major share in the global ride-on mower market.

Countries in North America such as the U.S. consists of people who prefer large outdoor spaces and have landscaping yards which gains significant momentum in the region. Followed by North America is Europe which also has to landscape of yards gains the momentum in the region. Moreover, in Europe, the demand for the electric ride-on mower is high owing to the factor of energy efficiency which boosts the overall ride-on mower market.

Thus the developed regions of North America and Europe are estimated to witness a high CAGR regarding value in the forecast period of the ride-on mower market. APEJ is estimated to hold a significantly lower major share in the global ride-on mower market and will also witness a lower CAGR owing to the behavior of the consumer that is not similar to that of the Western consumer of ride-on mower market that prefers to mow large area on their own.

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Global Ride-on mower Market: Prominent Players

Few of the prominent players in the Ride-on mower market are as follows

  • Deere & Company.
  • Ariens Company.
  • SPARTAN MOWERS
  • Toro Garden company
  • Cub Cadet LLC
  • MTD Products
  • Swisher Mower & Machine Company, Inc.
  • Dirty Hand Tools
  • Ryobi Hardware manufacturing company
  • Husqvarna Group

The 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 using a 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.

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Key Market Segments in the Ride-On Mower Market

By Type :

  • Zero turn mower
  • Garden tractor
  • Lawn tractor

By Mower :

  • Rotary mower
  • Reel mower
  • Sickle mower
  • Flail mower

By Energy Source :

  • Electronic Gasoline Injected Engine
  • Electric riding mower

By Transmission :

  • Automatic/hydrostatic transmission
  • Manual transmission

By Region :

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

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Robotic Lawn Mower Market: Robotic Lawn Mower Market is anticipated to progress steadily at a CAGR of over 11.5% between 2021 and 2031.

Radial Drilling Machine Market: The global radial drilling machine market is forecasted to be valued at US$ 8.8 Billion by 2032, up from US$ 4.2 Billion in 2022, advancing at a CAGR of 7.7% during the forecast period.

Seam Welding Machine Market: The demand for seam welding machine is projected to rise at a steady CAGR of 3.8% during 2022-2032. The global seam welding machine market size is anticipated to be valued at US$ 1,415.6 Mn in 2022 and is projected to surpass US$ 2,055.5 Mn by 2032.

Water Treatment System Market : The global demand for water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period.

Elevator and Escalator Market: The global elevator and escalator market is valued at around US$ 59.03 Bn in 2022, registering Y-o-Y growth of 6.6%. The market is projected to increase at a CAGR of 4.5% and attain a valuation of US$ 100.12 Bn by the end of 2030.

Sirens Market: The sirens market is likely to secure a valuation of US$ 170.1 Million in 2022. The sirens market is estimated to reach a value of US$ 244.0 Million by 2032 with a CAGR of 3.7% by 2032.

Pin Marking Machine Market: The pin marking machine market is anticipated to be valued at US$ 618 million. The demand for pin marking machine is predicted to expand at a gradual rate to reach US$ 987 million by 2032, at a CAGR of 4.8% through 2032.

Industrial Automation Market : The global Industrial Automation Market is expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 51 Bn by 2026, up from US$ 36 Bn in 2021.

Underwater Light Market: The underwater light market is likely to rise to US$ 306 million in 2022 and estimated to reach US$ 523 million by 2032.

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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.

Contact:
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Portable Metal Detectors Market With A CAGR Of 8.3% During The Forecast Period From 2022 To 2032

The portable metal detectors market is anticipated to rise to US$ 1210 million in 2022 and likely to reach US$ 2667 million by 2032, with a CAGR of 8.3% during the forecast period from 2022 to 2032.

Security wands, handheld, battery-powered, lightweight devices designed to detect concealed objects, are becoming increasingly popular.

Portable metal detectors market trends are driving market growth, such as detecting hidden metal within objects or metal buried underground. The use of these tools by traffic cops, MIA subdivisions, customs, and surrounding security installations is expected to boost portable metal detector statistics.

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The demand for portable metal detectors devices is increasing because they provide security professionals and law enforcement personnel with a low-cost and efficient way of screening people seeking entry into a variety of locations, including government buildings, airports, military installations, prisons, sporting events, concert venues, and others.

The portable metal detectors market growth is mainly driven by increasing government investments in security in government institutions, within the transportation industry, such as airports, railways, etc. As well, the adoption of portable metal detectors is also rising in the private & residential places where security is a prime concern. Moreover, increasing investments in infrastructural development all over the world and rising concerns regarding security will increase the demand for portable metal detectors in the near future.

Additionally, the public is becoming aware of the importance of security equipment, which is likely to increase the sales of portable metal detectors, as they are being used in apartments, residential buildings, townships, etc. to ensure the safety of the residents.

Recent Developments in the Portable Metal Detectors Market are:

  • The various key industries are investing in R&D to develop their new innovative skills in the portable metal detectors market. The manufacturing industries improved multi-zone detection, algorithms and multi-zone detection recently through R&D.
  • The new RoadRunner explosives trace detector (ETD) for airport passenger and luggage security screening was introduced by Bruker Corporation in November 2021. The RoadRunner is an ETD that delivers strong detection performance of ion mobility spectrometry (IMS) in a user-friendly portable device, as well as quick and accurate screening capabilities.

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Key Segments

By Type:

  • Vacuum Metal Detector
  • Pipeline Metal Detector

By Application:

  • Archaeology
  • Treasure Hunting
  • Leisure
  • Entertainment

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

About Future Market Insights (FMI)

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

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Future Market Insights, Inc

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Sales Of Electric Hedge Trimmer Are Expected To Grow At A CAGR Of 5.6% During 2022-2032, Future Market Insights Inc.

The global electric hedge trimmer market is forecast to be valued at US$ 476.6 Million in 2022. During the forecast period ranging from 2022-2032, sales of Electric Hedge Trimmer are expected to grow at a CAGR of 5.6%, to be valued at US$ 819.7 Million. During the historical period 2016-2021, electric hedge trimmer consumption inclined at a 3.1% value CAGR.

The hedge trimmer is also known as bush or shrub trimmer, are utilized to trim another hedge to maintain healthy lawns. Developments in technology like battery-worked support trimmers have urged more individuals to connect with planting. Electric Hedge Trimmer is also known corded electric support trimmer.

The Electric Hedge Trimmer is a hedge cutter which works on electricity. It is corded and has to associate it with the power. It is usually the initial decision for some homeowners. It can be utilized for little gardens as it needs a source of energy or on the off chance that can use the extension to build the length of the wire; then it is the other thing. It is a lightweight device, and it is very easy to use.

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Electrical fence trimmers are typically the primary decision for the individuals who require them for little gardens or less cost. The electric hedge trimmer is simple, more secure and comfortable in handling. Gardening devices like hedge trimmers and power lawn mowers are utilized to keep up a solid lawn and garden.

Appropriate mowing, cutting, watering, and fertilizing result in a healthy, thick, and high-quality garden. Battery-fueled hedge trimmers and lightweight gardening equipment have added to individuals become more interested in planting. The electric hedge trimmer cutters are protected with an aluminum cover. Moreover, electric hedge trimmer has counter-rotating, double-bladed safety cutters and diamond cutter steel which gives good results in gardening.

Increase in gardening interest and demand, resulting in an increase in overall Electric Hedge Trimmer sales. Consumers are becoming more aware of gardening. Fuel price reduction in hedge trimmers, unpredictability of raw material costs, and use of eco-friendly fuel the electronic hedge trimmer is a dependable and powerful tool that provides excellent services for trimming shrubs, hedges, and bushes, resulting in the growth of the electric hedge trimmer.

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Aside from that, electric hedge trimmers have double-bladed safety cutters of laser cut and diamond cut that give good results in gardening and are very easy to use and less expensive, so consumers can easily afford it, leading to an increase in the growth of the electric hedge trimmer market. Nowadays, consumers are more interested in gardening and are aware of the benefits of gardening, which leads to the growth of the electric hedge trimmer market in the projected timeframe.

Market Competition

Some of the key participants present in the global electric hedge trimmer market include American Honda Motor, ECHO, Husqvarna, Robert Bosch, STIHL, The Toro Company, Blount International, Ernak, GreenWorks Tools, Makita, MTD, RYOBI, Stanley Black and Decker, Zhejiang Zomax Garden Machinery and Flymo among others. Due to the sheer range of participants, the market is extremely competitive.

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Key Segments Profiled in the Electric Hedge Trimmer Industry Survey

Electric Hedge Trimmer Market by Application:

  • Electric Hedge Trimmers for Gardening
  • Electric Hedge Trimmers for Commercial Applications

Electric Hedge Trimmer Market by Blade Type:

  • Laser Cut Electric Hedge Trimmers
  • Diamond Ground Electric Hedge Trimmers

Electric Hedge Trimmer Market by Size of Hedge:

  • Small Electric Hedge Trimmers
  • Medium Electric Hedge Trimmers
  • Large Electric Hedge Trimmers

Electric Hedge Trimmer Market by Length of Blade:

  • Electric Hedge Trimmers upto 46 cm
  • Electric Hedge Trimmers from 47-56 cm
  • Electric Hedge Trimmers upto 57 cm or more

Electric Hedge Trimmer Market by Region:

  • North America Electric Hedge Trimmer Market
  • Latin America Electric Hedge Trimmer Market
  • Europe Electric Hedge Trimmer Market
  • Asia-Pacific Electric Hedge Trimmer Market
  • Japan Electric Hedge Trimmer Market
  • Middle East and Africa Electric Hedge Trimmer Market

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Electrical Enclosure Market: The global electrical enclosure market is estimated to top US$ 46.64 Bn by the end of 2022.

Radial Drilling Machine Market: The global radial drilling machine market is forecasted to be valued at US$ 8.8 Billion by 2032, up from US$ 4.2 Billion in 2022, advancing at a CAGR of 7.7% during the forecast period.

Laser Welding Market: Global Laser Welding’ demand is anticipated to be valued at US$ 2,758.3 Million in 2022, forecast to grow at a CAGR of 6.9% to be valued at US$ 5,387.0 Million from 2022 to 2032.

Industrial Robot Controllers Market: The global industrial robot controller market is expected to exceed US$ 909.9 Mn by the end of 2022.

Magnetic Separator Market: The global magnetic separator market is estimated to reach US$ 1.3 Bn in 2022. Driven by this, the market valuation is set to reach US$ 1.7 Bn in 2029.

Building Automation Systems Market: Global building automation systems market to reach a valuation of US$ 44.6 Bn in 2021. After countering the initial impacts of COVID-19, the market is poised to grow at a robust 7.8% CAGR through 2031.

Water Treatment System Market : The global demand for water treatment market stood at US$ 66,094 Mn in 2022 and is slated to increase at a CAGR of 6.8% to reach a valuation of US$ 111,922 Mn by the end of their forecast period.

Elevator and Escalator Market: The global elevator and escalator market is valued at around US$ 59.03 Bn in 2022, registering Y-o-Y growth of 6.6%. The market is projected to increase at a CAGR of 4.5% and attain a valuation of US$ 100.12 Bn by the end of 2030.

Industrial Automation Market : The global Industrial Automation Market is expected to have a significant CAGR of 7% during the forecast period to reach a valuation of US$ 51 Bn by 2026, up from US$ 36 Bn in 2021.

Underwater Light Market: 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

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According to FMI, the Amorphous Metal Cores Market will be worth $781.6 million in 2022 – FMI

The amorphous metal cores market is predicted to grow at a 7.5 percent CAGR from 2022 to 2032, rising from US$ 781.6 Million in 2022 to a worth of US$ 1610.90 Million by 2032. The amorphous metal cores market is anticipated to show promising growth prospects in the forecasted period 2022-2032.

Also known as vitreous metals, amorphous metal cores are glassy or non-crystalline in physical appearance. Amorphous metal cores are used for creating high-performance transformers. Amorphous metal cores have low conductivity, which helps to reduce eddy currents in the core body. Since amorphous metal cores does not have anisotropic properties, it shows excellent magnetic behavior such as minimum iron loss while having high-saturation magnetic flux density with high permeability.

Amorphous metal cores are generally used in distribution transformers. In terms of end use sector, Amorphous metal cores are commonly preferred in renewable energy systems such as solar power and wind energy, as they typically operate with 20 – 40% low load conditions. Amorphous metal cores have been used in liquid-filled transformers for over 20 years, and now this technology is trending in dry type transformers as well.

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Amorphous Metal Cores Market: Dynamics

The amorphous alloy in the iron core of transformer significantly reduces energy costs and helps increase electrical characteristics while reducing the level of CO2 emissions. Power transmission equipment manufacturers today are searching for a technology that saves energy and reduces their operating cost. This has encouraged amorphous metal cores manufacturers to develop optimized and energy efficient products for use in distribution transformers. Normally, 10% of total electricity generated by an electric company is lost during the distribution and transmission process. Thus, distribution transformers consisting of amorphous metal cores help save a significant amount of energy and cost. Other uses that benefit from amorphous metal cores include output filter chokes in large Switched-Mode Power Supply (SMPS), power factor correction chokes in UPS systems and high-power lamp ballasts.

The initial costs of amorphous metal cores are relatively higher as compared to crystalline silicon steel owing to certain beneficial properties such as lower saturation magnetic flux density of amorphous steel than that of silicon steel, which is mostly preferred by transformer manufacturers. This results in high cost per unit of large sized amorphous core transformers. Although, it’s increased energy efficiency and low operational costs throughout the lifetime of transformer, could help compensate its high initial costs. Therefore, despite of high costs, the above mentioned factors are estimated to boost the market demand for amorphous metal cores in the coming years.

On the flip side, amorphous metal cores shows various limitations which may curb the market growth. Hardness along with reduced thickness makes slitting and shearing difficult. Moreover, the brittleness property of amorphous metal cores has also made it un-friendly to the transformer manufacturers. Due to these limitations, the amorphous metal core technology has been limited at present to very few customers across geographies.

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Amorphous Metal Cores: Regional Market Outlook

With U.S. agreeing to expand the production of amorphous metal core transformers in order to achieve efficient distribution & transmission of electricity, the global amorphous metal cores market is projected to witness lucrative growth opportunities in North America. In addition, since U.S. has the highest per capita electricity consumption ratio in the world, government and utility companies are taking various initiatives to introduce energy efficient transforming solutions, which is estimated to accelerate the growth of amorphous metal cores market during the forecast period.

Moreover, regions such as East Asia and South Asia are also estimated to witness lackluster growth driven by major installations of amorphous metal core transformers in India and China. The recent electrification projects are heavily investing in energy efficient technology which is expected to drive the growth for amorphous metal cores market over the slated time period.

The European countries are also facing an upsurge in the amorphous metal cores market. For instance, Spanish utility companies have started to import the amorphous metal core transformers and is also promoting in-house manufacturing of the same with local manufacturers.

Amorphous Metal Cores: Market Key Players

Some of the prominent market participants in the global amorphous metal cores market include the following players:

  • Hitachi, Ltd.
  • Advanced Technology & Materials Co., Ltd.
  • Zhaojing Incorporated
  • Qingdao Yunlu New Energy Technology Co., Ltd.
  • China Amorphous Technology Co.,Ltd
  • ENPAY
  • Mangal Electrical Industries Pvt. Ltd.
  • KOTSONS Pvt. Ltd.
  • Usha Amorphous Metals Ltd.
  • Ti-Electronic

The amorphous metal cores research report presents a comprehensive assessment of the amorphous metal cores 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 amorphous metal cores research report provides analysis and information according to market segments, such as geographies, application, and industry.

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The Amorphous Metal Cores report covers exhaustive analysis on:

  • Amorphous Metal Cores Market Segments
  • Amorphous Metal Cores Market Dynamics
  • Amorphous Metal Cores Market Size
  • Amorphous Metal Cores Supply & Demand
  • Current Trends/Issues/Challenges in the Amorphous Metal Cores Market
  • Competition & Companies involved in the Amorphous Metal Cores Market
  • Amorphous Metal Cores Technology
  • Value Chain of the Amorphous Metal Cores Market

Amorphous Metal Cores regional analysis includes:

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

The global 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 amorphous metal cores 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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Diaphragm Pumps Market forecast to grow at a CAGR of 6.2% to be valued at US$ 8,867.0 Mn from 2022 to 2032 – FMI

The market for diaphragm pumps is projected to reach US$ 4,870.0 million in 2022 and to grow at a CAGR of 6.2% to US$ 8,867.0 million between 2022 and 2032. Growth is attributed to the proliferation of compact diaphragm pumps, which have a more straightforward design. A CAGR of 5.5% was recorded for the market for diaphragm pumps between 2016 and 2021.

Diaphragm pumps are positive displacement pumps which are used to pump fluids with the help of reciprocating motion of the diaphragm. Diaphragm pumps mainly consist of a reciprocating diaphragm made up of rubber or other polymeric materials and check valves which control the incoming and outgoing fluid. Moreover, selection of a suitable diaphragm material according to the application is the most important factor for longer life of diaphragm pumps.

For better service life of diaphragm pumps structured diaphragms are used in many applications. Sometimes, for higher capacity, double diaphragm pumps are used in place of single diaphragm pumps. The energy required for the reciprocating motion of diaphragm can be derived from a mechanical drive or a hydraulic drive. Furthermore, the output fluid volume can be controlled in two ways, either by changing the length of the diaphragm stroke or by varying the speed of diaphragm stroke. Diaphragm pumps are employed for high to medium flow rates at high pressures. Because of their ability to handle different types of fluids, diaphragm pumps are used in various industries like construction industry and chemical industry.

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Diaphragm Pumps Market: Market Dynamics

Drivers:

Technological advancements have led to the development of many compact diaphragm pumps which are relatively simpler in design. This has resulted in an increase in adoption of diaphragm pumps in many industries, thus resulting in steady growth of diaphragm pumps market during the forecast period. Moreover, characteristics of diaphragm pumps like variable flow control, relatively lower maintenance cost and relatively lower downtime tends to render diaphragm pumps ideal for a gamut of applications. In many offshore drilling applications diaphragm pumps are well suited to transport toxic and corrosive fluids without leakage, this tend to promote growth of diaphragm pumps market during the forecast period. Introduction of air operated double diaphragm pumps for transport of liquids containing large solids without utilization of electricity is expected to drive the growth of diaphragm pumps market.

Restrains: 

Air operated double diaphragm pumps sometimes tend to result in problem of water hammering, this tends to limits the use of diaphragm pumps, thus acting as an impediment to growth of diaphragm pumps market. Moreover, the operating cost of air operated double diaphragm pump is relatively higher as compared to that of conventional electric drive pumps, this is another factor that is expected to have an adverse impact on growth of diaphragm pumps market. Efficiency of larger diaphragm pumps is reported to be relatively lower. Furthermore, the problem of pulsation is also associated with diaphragm pumps, causing vibration in diaphragm pumps, thus limiting their application in certain areas.

Trends:

Developments in double diaphragm pumps have led to introduction of high speed and high pressure Air Operated Double Diaphragm (AODD) pumps in the market. These AODD pumps find applications in construction and chemical industries.

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Diaphragm Pumps Market: Regional Outlook

Construction industry, especially in Asia Pacific region is expected to witness steady growth during the assessment period. This is thus expected to in turn drive the growth of diaphragm pumps market in Asia Pacific region. Increasing awareness about clean drinking water and increasing construction spending is expected to drive growth of diaphragm pumps market during forecast period. Anticipated steady growth in demand for oil and natural gas is expected to result in steady growth the market across developing regions of the globe.

Diaphragm Pumps Market: Key Participants

Some of the market participants identified across the value chain of the global diaphragm pumps market are:

  • Graco Inc.
  • Dover Corporation
  • Tapflo AB
  • Seepex GmbH
  • Verder Group
  • Flowserve Corporation
  • IDEX Corporation
  • Xylem Inc.
  • SPX Flow Technology AB
  • LEWA GmbH
  • Yamada Corporation
  • Ingersoll Rand Plc.

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The 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 using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and applications.

Diaphragm Pumps Market: Segmentation

On the basis of end use industries, global Diaphragm pumps market can be segmented into:

  • Construction Industry
  • Chemicals and petrochemicals Industry
  • Pharmaceuticals Industry
  • Food and beverages industry
  • Printing and Packaging industry
  • Paper and Pulp Industry

On the basis of operation, global Diaphragm pumps market can be segmented into:

  • Single Diaphragm Pumps
  • Double Diaphragm Pumps

On the basis of Application, global Diaphragm pumps market can be segmented into:

  • Dewatering Pumps
  • Filter Press pumps
  • Fluid transfer pumps
  • Metering and dispensing Pumps

On the basis of mechanism, global Diaphragm pumps market can be segmented into:

  • Air operated
  • Electrically operated

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.

Market For Spray Booth Ventilation Systems Is Anticipated To Expand At A Moderate CAGR Of 3.1% Over The Course Of The Forecast Period: FMI

The global demand for spray booth ventilation systems reached $568 million in 2021 and is expected to reach $585 million in 2022. Furthermore, with the rapid adoption of spray booth ventilation system in industries such as automotive, aerospace, construction, and railways, the global pray booth ventilation systems market is expected to grow at a moderate CAGR of 3.1 percent between 2022 and 2032, totaling around US$ 800 Mn by 2032.

A spray booth is a power-ventilated structure provided to accommodate or enclose a spraying operation in order to limit or confine the escape of residue, vapor, spray, and to safely direct or conduct them to an exhaust system. The spray booth ventilation system helps in reducing the exposure of workers to hazardous materials like paint vapors through removing polluted air from the workplace and to ensure that workers are breathing uncontaminated air.

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Furthermore, the local exhaust ventilation system can be preferred method of control in paint shops as the lower exhaust-flow rate reduces heating costs thus making it relatively more effective than its counterparts. The spray booth ventilation system helps to prevent the accumulation of toxic or flammable vapor or gases and does not require floor space.Moreover, the maintenance of the spray booth ventilation system helps in protecting the employees/ workers and improve the quality of the work. Keeping the booth clean, well heated, regular check and replacing air filters, when required are some of the measures taken for the optimal operation of the spray booth ventilation system.

Spray Booth Ventilation System Market: Dynamics:

The stricter government standards and regulations such as OSHA and EPA specified guidelines regarding spray booth ventilation and designing spray booths to filter out flammable contaminants and moving the air currents towards an exhaust for the proper ventilation. Furthermore, the poor spray booth system may lead to the risk of inhaling toxic fumes, along with poor health issues due to solvents and chemicals containing volatile organic compounds (VOCs).

Also, fire caused by the paint fumes coming in contact with reactive chemicals or electrical discharge may affect the spray booth performance, which can be eliminated and avoided with the spray booth ventilation system. Moreover, a high quality spray booth ventilation system helps in achieving higher quality finishes which helps in reducing cycle time and costs and thus improves customer satisfaction.

The integrators or installers of spray booth ventilation system also works on the custom requirements which helps clients to implement ventilation system matching their specific spray booth or finishing environment needs. Rising demand for ventilation environment across applications such as automotive pre-stations, aircraft paint booths, open face gel booths, mix storage rooms, large equipment paint booths, and small & big spray booth, among others to propel the growth of the spray booth ventilation system during the forecast period.

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Spray Booth Ventilation System Market: Regional Outlook:

The global spray booth ventilation system market is significantly driven by North America due to rising awareness among end use industries and stringent government regulations towards worker’s safety, environmental protection, among others. Furthermore, the European market is another region which is estimated to perform considerably in the coming future with growing demand for spray booth ventilation system to enhance productivity, quality of the service, and efficiency of the plant. Growing automotive production and maintenance, aerospace industry, among other industries to propel the demand of spray booth ventilation system market over the forecast period.

Asia Pacific, on the other hand, is gaining substantial traction and growth in the global spray booth ventilation market due to rising demand for efficient spray booths and efficient work to maintain and reduce lead time. Latin America and Middle East & Africa market are expected to register considerable growth in the global spray booth ventilation system market over the forecast period.

Spray Booth Ventilation System Market: Market Participants:

Some of the market participants in the global spray booth ventilation system market are:

  • Ventam Systems Limited
  • ELTA Group
  • Moldow A/S
  • Spray Systems
  • Nova Verta
  • PAINT PERFECT SPRAY BOOTH SYSTEMS
  • KAYCO SPRAY BOOTHS
  • DJK Europe GmbH
  • Global Finishing Solutions
  • FAM SRL

The Spray Booth Ventilation System Market report covers exhaustive analysis on:

  • Spray Booth Ventilation System Market Segments
  • Spray Booth Ventilation System Market Dynamics
  • Spray Booth Ventilation System Market Size
  • Spray Booth Ventilation System Market Supply & Demand
  • Spray Booth Ventilation System Market Current Trends/Issues/Challenges
  • Spray Booth Ventilation System Market Competition & Companies involved
  • Spray Booth Ventilation System Market Technology
  • Spray Booth Ventilation System Market Value Chain

Spray Booth Ventilation System Market: Regional analysis includes:

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

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

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Spray Booth Ventilation System Market: Segmentation:

The global spray booth ventilation system market can be segmented into spray booth type and application.

On the basis of spray booth type, global spray booth ventilation system market is segmented into:

  • Semi Downdraft
  • Side Draft
  • Cross Draft
  • Open Face
  • Bench
  • Downdraft

On the basis of end user, global spray booth ventilation system market is segmented into:

  • Industrial
  • Automotive
  • Aerospace
  • Construction
  • Marine
  • Railways

Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape

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Amorphous Metal Cores Market – Amorphous Metal Cores Market by Product Type, Application & Region – Forecast 2022 – 2032

Modular Robotics Market – Modular Robotics Market by Product Type, Hardware Design, Configuration, End Use & Region – Forecast 2022 – 2032

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Rotary Indexer Market worth US$ 1,096.16 Million by 2032 – Exclusive Report by Future Market Insights, Inc.

Global rotary indexer market demand is anticipated to be valued at US$ 800 Million in 2022, forecast to grow at a CAGR of 3.2% to be valued at US$ 1,096.16 Million from 2022 to 2032. Growth is attributed to increased demand for silicone elastomers, especially across the automotive and construction industries.

A rotary indexer is a piece of machinery that produces intermittent movement through rotatory motion. Rotary indexers are frequently used in automated assembly equipment, and choosing the right mechanism is crucial for minimising component cost and maximising component performance. Rotary indexers are primarily used to accurately and consistently position medium parts during a variety of machining operations, including spiral milling, drilling, tapping, milling, and tapping.

Numerous features are available with rotary indexers, including smooth motion, repeatable and accurate positioning, quick setting times, a capacity for high speed and high load, controlled acceleration and deceleration, shaft or flange output, and smooth motion with repeatable and accurate positioning. In general, there are two types of rotary indexers on the market: compact ring drive and precision ring drive.

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Rotary indexers are primarily utilized for accurate and dependable positioning of medium parts in various machining operations such as drilling, tapping, milling, contouring and spiral milling.A rotary indexer is a rotatory motion equipment that realizes the intermittent movement. Rotary indexers are widely adopted in automated assembly machineries and the selection of proper mechanism is essential for both minimizing the cost of the component and maximizing performance.

Regional Outlook

North America, led by the United States, is anticipated to hold a substantial share in the global rotary indexer market during the forecast period. Growth in electronics and automotive assembly units across the U.S. is expected to assist the sales of rotary indexers in North America. The Europe rotary indexer market is expected to be next in line, followed by Asia-Pacific.

Sales of rotary indexers in Asia-Pacific, led by China, Japan and India, is expected to grow at a significant pace in the near future. Middle East & Africa and Latin America are expected to account for small shares in the global rotary indexer market over the forecast period; however, the demand is expected to grow at a significant rate over the forecast period.

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern 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 as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Key Player:

Examples of the key players involved in the global rotary indexer market include A Dover Company, WEISS North America, Inc., Sankyo Automation, Nexen Group Inc., TAKTOMAT, TAN TZU Precision Machinery Co., Ltd., Colombo Filippetti S.p.A., Haas Automation, Inc., Quality Vision International Inc., Cam Division System (Bettinelli group), Hardinge Inc. and others.

The 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 using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

About Future Market Insights (FMI)

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

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