3D Printed Medical Devices Market is set to experience a significant growth rate of 16.1% CAGR from 2022 to 2028

[212 Pages Report] Currently heading towards a market value of over US$ 440 Mn, the global market for 3D printed medical devices is projected for stupendous growth at 16% CAGR during 2022- 2029. North America will remain the leading market for 3D printed medical device sales, whereas the market attractiveness of Asia Pacific has been rising notably.

The market growth is primarily assisted by advancements in 3D printing technology, surging government spending in healthcare sector, increasing usage of 3D printed medical devices for medical procedures, and relative simplification of the manufacturing process of 3D printed medical devices. Introduction of Computer-aided Design (CAD) for 3D printing can create trail ready devices, thereby reducing manufacturing time, time to market as well as operational cost.

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Key Takeaways – 3D Printed Medical Devices Market Study

  • Although metals and alloys are most preferably used for 3D printed medical devices, biomaterial inks are expected to gain traction during the forecast period owing to their highly biocompatible and versatile physical properties.
  • PolyJet – InkJet 3D printing technology currently holds maximum share of 3D printed medical devices market. However, consistent development and adoption of innovative technologies may reduce the 3D printed medical devices market share of this technology during the forecast period.
  • Use of 3D printing technology in orthopedic implants is shaping the future of 3D printed medical devices market. It currently accounts for nearly half of the market value.
  • The consistently expanding patient pool and growing preference for personalized implants in joint replacement surgeries will remain key boosters to growth of 3D printed medical devices demand in orthopedics.

Asia Pacific has become the global hub of opportunities, and the leaders in 3D printed medical devices landscape have been eying the opportunity here – owing to the massive application scope, remarkably growing patient population, and relatively less manufacturing costs.

Who Is Winning?

Until late 2016, the key focus of most leading players in the 3D printed medical devices market was geographic expansion through acquisition and merger. In May 2016, Johnson & Johnson announced collaboration with a subsidiary of HP Inc. for manufacturing personalized healthcare solutions at reduced costs through 3D printing techniques. J&J collaborated with Organovo to carry out feasibility study on bio printed human tissue for testing new medications to work with Carbon 3D, famous for ultra-fast Continuous Liquid Interface Production (CLIP) technology for production of custom surgical devices.

The focuse is now gradually shifting towards expansion through strategic partnerships to improve their distribution network. For instance, in 2017, Envision partnered with ScanSource, Inc. to deliver 3D printing solutions to resellers in the Americas. Similarly, in 2018, 3D Systems and Stryker announced distribution partnership for VSP (Virtual Surgical Planning) and anatomical models for carniomaxillofacial specialty.

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Future market insights offers a unique perspective and actionable insights on 3D printed medical devices market in its latest study, presenting historical demand assessment from 2014 – 2021 and projections from 2022 – 2029 based on application (orthopedic implants, dental implants, carnio-maxillofacial Implant), material type (metals and alloys, biomaterial inks and plastics) technology (stereolithography (SLA) – liquid-based 3D printing, selective layer sintering (SLS) – powder-based 3d printing, digital light processing(DLP), fused deposition modelling (FDM)-plastic filament extrusion-based, polyjet – inkjet 3D printing, electronic beam melting (EBM) ) end user (hospitals, ambulatory surgical centers, diagnostic centers) in seven key regions.

Key Market Segments Covered in 3D Printed Medical Devices Industry Research
By Application :

  • Orthopaedic Implants
  • Dental Implants
  • Cranio-maxillofacial Implants
  • Internal and External Prostheses

By Technology :

  • Stereolithography (SLA) – Liquid Based 3D Printing
  • Selective Layer Sintering (SLS) – Powder Based 3D Printing
  • Digital Light Processing(DLP)
  • Fused Deposition Modeling (FDM): Plastic Filament Extrusion Based
  • PolyJet / InkJet 3D Printing
  • Electronic Beam Melting (EBM)

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By Distribution Channel :

  • Hospitals
  • Ambulatory Surgical Centers
  • Diagnostic Centers

By Material :

  • Plastics
    • Thermoplastics
    • Photopolymers
  • Biomaterial Inks
    • Polymers
    • Ceramics
    • Hydrogels
  • Metals and Alloys

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By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

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

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Boat Trailers Market Is Expected to reach US$ 978.7 Mn by 2022 | Future Market Insights

Future Market Insights (FMI) has released its latest report on the boat trailers market, which includes Global Industry Analysis 2014–2018 and Opportunity Assessment 2019–2029 and covers the key trends, market success factors, historical market value and volume, factors affecting the market, macroeconomics factors, along with the forecast factors.

FMI has conducted a thorough research on the boat trailers market. The boat trailers market research study estimates that the bunk trailer segment is expected to create significant revenue growth opportunities in the global boat trailers market during the assessment period. The value of the global boat trailers market was ~US$ 800 Mn in 2018. The boat trailers market is estimated to grow at a healthy CAGR of ~ 5% during the forecast period.

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Increasing Boat Sales for Recreational Activities

The boat trailers market growth is directly correlated with increasing fleet of boat and new sales of boats. With the increase in the growth of marine tourism and water activities, the demand for new boats is expected to rise, which in turn, fuels the sale of boat trailers. The main advantage offered by the boat trailer is to provide the flexibility for transport boats to various places such as inlets, rivers, lakes, bays, & the sea. There are two types of boat trailers, bunk and roller type trailers, which are used by end users. With the increase in boat parc, the demand for boat trailers also increased as boat trailers provide safety to boats and increases the life of a boat.

Boat trailers also prevent salt water boats from rust formation due to coatings and change of materials. Such features have led to the growth of the global boat trailer market. Moreover, increasing average life of the boat and growing maintenance and services of boats, increases the sales of boat trailers for old boats. In 2017, more than 10 million boats were registered in the U.S. and this number is estimated to grow with ~ 1% growth rate in the nearby future. With the increase in the U.S. boat fleet, the sales of boat trailers also increases as the U.S. holds ~43% share in the global boat trailer market.

Market Attractiveness of the South Asia-East Asia-ASEAN Cluster Surging

In the global boat trailers market, South Asia and East Asia are estimated to grow with high growth rate over the forecast period due to the increasing number of marine tourists and also, increases the sales of boats and boat parc across regions. In East Asia, China is one of the prominent countries and holds a significant share in the market due to the presence of several manufacturers in the country. China is expected to drive the growth of the East Asia boat trailer market. In South Asia, India and ASEAN countries are estimated to boost the growth of the market due to the increasing disposable income of the middle class population.

The North America market is projected to be a prominent market in the global boat trailers market, owing to the high demand and use of boat trailers for personal and commercial applications. Moreover, Latin America and Middle East & Africa markets are also estimated to grow with healthy CAGR throughout the forecast period. We have also considered the Caribbean region in Latin America. All prominent macroeconomic and forecast factors are included while calculating the boat trailers market size.

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Key Segment

By Product

  • Bunk Trailers
  • Roller Trailers
  • Hybrid Trailers

By Material Type

  • Aluminum
    • Single Axle
    • Tandem Axle
    • Triple Axle
  • Galvanized Steel
    • Single Axle
    • Tandem Axle
    • Triple Axle

By Load Capacity

  • Up to 1,500 Kg
  • 1500 Kg-3,000 Kg
  • 3,000 Kg – 4,500 Kg
  • More than 4,500 Kg

By Region

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

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Some of the main players involved in the manufacturing of boat trailers included in this study are TRIGANO Group, Boatmate Trailers, Kropf Industrial Inc., Hydrotrans, Balbi Rimorchi Srl, EZ Loader, Shoreland’r, TRACKER, Load Rite, Hostar Marine Transport Systems Inc., Karavan Trailers, HLT Ltd., and Venture Trailers, among others.

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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Market For Pressure Regulating Valves In North America estimated to grow according to forecasts

According to Future Market Insights analysis, the North America Pressure Regulating Valves Market is expected to reach US$ 782.9 Mn in 2022, growing at a CAGR of 5.1% from 2022 to 2032.

The growing population in the North American region and the rising needs of expanding residential construction are some of the primary factors that have witnessed growth during the historical years of the study.

The consumer’s perspective on the devices is evolving due to an increasing awareness of the maintenance of piping systems and water conservation activities. The PRV should not only be able to regulate the flow but also incur lower maintenance costs on behalf of the consumers. Looking at such trends the vendors are emphasizing laying investments in research and development initiatives and, hence, coming up with technologies and advanced products that can scale up to the consumer’s expectations.

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Simultaneously, innovating products is the need of the time and, likewise, to maintain & increase market share, vendors have to keep searching for ways of updating the existing technology, which will make the market more stable in terms of growth.

Key Takeaways of Pressure Regulating Valves Market Study

  • The value of the direct operating Pressure Regulating Valves is projected to increase at a value CAGR of 5.0% to reach around US$ 772.5 Mn by the end of 2032.
  • In terms of End Use, Apartments and condominiums are anticipated to create an absolute dollar opportunity worth US$ 295.4 Mn.
  • In the North America Pressure Regulating Valves market, Up to 2’’ inlet pressure type is projected account for more than 50% share by the end of forecast period owing to its high range of valuations.
  • By Country, U.S. is anticipated to account for more than 80% of market share by the end of 2032 and is expected to remain dominant throughout the forecast period.

“The growing residential construction sector and strict energy-efficiency regulations in the North American region owing to the increasing population is expected to accelerate the market growth of Pressure Regulating Valves.” says Future Market insights analyst

Competitive Landscape

The market is concentrated, with top players accounting for market share ranging from 55% to 65% of market revenue in 2021. Prominent players in the market aim to be recognized as a leader in operational excellence to offer innovative products to end users with applied product standards in order to gain a prominent share in the market.

The Danfoss A/S, Watts Water Technologies, Inc., Resideo Technologies Inc. are a few of the market’s major participants.

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More Insights into the Pressure Regulating Valves Market Report

In its latest report, Future Market Insights offers an unbiased analysis of the North America Pressure Regulating Valves 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 by valve type, by inlet pressure, by diameter, by end use and by country.

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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Automotive Light Bars Market size is projected to total US$ 1.3 Bn by 2029 | Future Market Insights

In 2022, sales in the global automotive light bars market are anticipated to reach US$ 952.3 million. By 2029, the market is anticipated to grow at a robust 5.3% CAGR and reach US$ 1.3 billion in value.

Automotive light bars are cost-effective vehicle lights that are substantially fitted in commercial vehicles. Automotive light bars, as considered under the scope of the research, have been mainly categorized on the basis of vehicle type, technology, installation, sales channel, and region/country.

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Front Installation Applications Continue to Generate Substantial Demand for Automotive Light Bars

Light commercial vehicles (LCVs) are expected to account for over half of the global automotive light bars market, as commercial vehicles run more miles and late nights, thus, visibility and cost-efficiency are important factors. Also, the inclination of long distance commuters towards commercial vehicles is anticipated to strengthen the unit sales of automotive light bars during the forecast period. Technology-wise, HID xenon and LED type automotive light bars will reportedly hold over 25% of the global automotive light bars market share. LED automotive light bars offer powerful illumination that is particularly optimum for off-road applications.

On the basis of installation, the automotive light bars market has been segmented into front, side, rear, and interior. Since automotive light bars are mostly used as headlamps or fog lights, front installation of automotive light bars is anticipated to retain prominence in the global automotive light bars market.

East Asian Markets Emerging Highly Lucrative for Key Players

According to the report, East Asia will account for over a fourth of the market share in the global automotive light bars market owing to the growing vehicle commercial fleet because of increasing export and import activities. In terms of market value share, Europe is expected to be next in the run in the automotive light bars market. By country, China and India are expected to be the emerging countries in the automotive light bars market as a result of enhanced economic conditions, increasing passenger and driver safety regulations, and expanding vehicle fleet.

The automotive industry is highly competitive, owing to the presence of several established players, which makes the automotive light bars market fairly consolidated. Due to the presence of a number of local and regional automotive light bar manufacturers, the automotive industry is exceedingly competitive. The global automotive light bars market is estimated to be considerably fragmented. Manufacturers of automotive light bars are likely to remain focused on R&D investments, particularly in emerging countries such as China and India.

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AUTOMOTIVE LIGHT BARS MARKET TAXONOMY

The global automotive light bars market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach in front of the reader.

By Vehicle Type

  • Passenger Vehicles
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Technology

  • Halogen
  • HID
  • LED

By Sales Channel

  • OEMs
  • Aftermarket

By Installation

  • Front
  • Side
  • Rear
  • Interior

Region

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

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Some of the key players active in the global automotive light bars market are HELLA GmbH & Co. KGaA, OSRAM Licht AG, FEDERAL SIGNAL CORPORATION, Truck-Lite Co., LLC, Grote Industries, Inc., Whelen Engineering Company Inc., ECCO SAFETY GROUP, PIAA Corporation, Putco Inc., KC HiLiTES Inc., Whacker Technologies, and Haztec International Ltd, among others.

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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
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The palletizing systems market is projected to have a CAGR of 4.8% through 2032.

The market for palletizing systems is projected to be worth US$2,134.1 million in 2022. The market is anticipated to reach US$ 3,412.6 million in value by 2032 and continue to grow at a steady CAGR of 4.8%.

Palletizing systems are the equipment that helps in automatic compiling of products on a pallet. A palletizer is basically designed and structured to organize, align and pack various products on a pallet for forwarding of freight. Palletizing and pallet wrapping symbolizes highly useful facets of the end of a packaging line, which is the core function of every industry and indicates the product’s cycle involving multifaceted distribution network and modes of transportation.

The techniques and methodology in palletizing differ from manual palletizing to semi-automatic and automatic procedures. The implementation of palletizing varies depending on the requirement by end-users. Over the past few years, more number of advanced automatic and robotic palletizing systems have emerged all over the world. Advancement in technology, requirement to expand speed as well as quality of packaging lines along with changing dynamics of preferences of consumers has fostered the development of more automated and robotic palletizing systems.

It has been noticed that, robotics has become an essential part of the packaging domain. The palletizing systems market has grown at a rapid pace over the past few years and is likely to expand at a stupendous CAGR over the next few years.

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Global Palletizing Systems: Market Segmentation

The Global Palletizing Systems market is segmented on the basis of types which include floor level palletizers, high level palletizers and robotic palletizers. The robotic palletizers are further bifurcated by inline palletizing, layer palletizing and mixed case palletizing. The robotic palletizers captured significant share in the total revenue of the global palletizing market in 2015. Thus due to its superior automation features, the robotic palletizers are expected to account for highest share in the overall revenue of the market by 2026.

The global palletizing systems market is also divided by applications such as case palletizers, pail palletizers, bulk palletizers, and bag palletizers. The global palletizing systems market is also fragmented by type of techniques which include semi-automated palletizing, automatic palletizing.

Global Palletizing Systems Market: Growth Drivers

Advancement in technology along with the prominence of the conglomerates on enhancing operational efficiencies and supply chain utilizing palletizing systems are fostering the growth of the global palletizing systems market. Apart from this, the robust demand for palletizers in food and beverage is foreseen to strengthen the growth of the global palletizing systems market over the period 2016-2026.  It has been noticed that beverage and food industries are gradually inculcating and efficient and innovative ways to packaging, thus increasing demand for newer machines in palletizing.

The evolution of new human machine interface controls, which are changing both old and robotic palletizers by providing features for handling multi-case sizes, layers of product and patterns are anticipated to expand the growth of global palletizing systems market over the next 10 years from 2016-2026.

Global Palletizing Systems Market: Regional Outlook

Geographically, the Global Palletizing Systems industry can be divided  by major regions which include North America, Latin America, Western and Eastern Europe, Asia-Pacific region, Japan, Middle East and Africa. Amongst all the mentioned regions, Europe captured the highest share in the overall global palletizing systems market in 2015.

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In the same year, Europe, The US and Asia Pacific captured the highest share in the global palletizing systems market. Asia Pacific region is expected to develop as a rapidly growing market for palletizing system during the forecast period. Middle East and Latin American countries are also anticipated to observe rapid growth in future.

Global Palletizing Systems Market: Players

Some of the major conglomerates capturing the substantial market share in the Global Palletizing Systems market includes ABB Flexible Automation Inc., Kuka Roboto GmbH, ABC packaging, Intelligrated Inc, Cermex group, Beumer Corporation, KHS GmbH, Alligator Automation Inc, Adept technology Inc., and others.

The companies are focusing on development of more robotic palletizers as per the requirements in various industries and in order to gain the competitive advantage in the global palletizing systems market.

The Report covers exhaustive analysis on

  • Palletizing Systems Market Segments
  • Palletizing Systems Market Dynamics
  • Historical Actual Market Size, 2013 – 2016 for Global Palletizing Systems Market
  • Palletizing Systems Market Size & Forecast 2016 to 2026
  • Supply & Demand Value Chain
  • Palletizing Systems Market Current Trends/Issues/Challenges
  • Competition & Companies involved in Global Palletizing Systems Market
  • Technology
  • Value Chain
  • Global Palletizing Systems Market Drivers and Restraints

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Regional analysis for Global Palletizing Systems Market includes

  • North America
    • US
    • Canada
  • Latin America
    • Argentina
    • Mexico
    • Brazil
    • Rest of Latin America
  • Western Europe
    • UK
    • Poland
    • Russia
    • Rest of the Western Europe
  • Eastern Europe
    • France
    • Germany
    • Italy
    • Rest of the Eastern Europe
  • Asia Pacific
    • Australia and New Zealand (A&NZ)
    • China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan
  • The Middle East and Africa
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA

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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.

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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Liquid Biopsy Market to expand at a 13.49% value CAGR by 2032 | FMI

[262 Pages Report] As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global liquid biopsy market is expected to reach a market valuation of US$ 1,026 Mn in 2021.

With the introduction of innovative molecular diagnostic tests and growing demand from biotech and pharmaceutical companies, the market is poised to expand at a stellar 13.49% CAGR, reaching US$ 3,637 Mn by 2031.

Germany, India, and China will emerge as high growth potential markets, with increasing investments by the government for improving the healthcare infrastructure, which will create attractive opportunities to global biotech players for market expansion.

Growth of the liquid biopsy market is attributable to rising incidence of cancer across several countries, which is highlighting the pressing need for faster, simpler, and more convenient diagnostic procedures. Liquid biopsy procedures are minimally invasive and cost-effective, which is making them a favorable choice for cancer diagnosis procedures.

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“Increasing incidence of cancer, coupled with incorporation of latest technology in liquid biopsy for faster and more convenient diagnosis will continue to augment the market growth throughout the forecast period,” says the FMI analyst.

Besides this, increasing government-backed initiatives to support cancer research across the U.S., Japan, India and the UK will drive innovation and developments in liquid biopsy services. Also,  fast track approval from regulatory bodies for novel procedures will bolster the growth over the coming years.

Additionally, technological advancements such as the incorporation of machine learning and microchip-based liquid biopsy systems will further strengthen growth prospects in the market.

As per the market survey, counties including the U.S., the U.K, and Japan will be at the forefront of innovation and adoption of liquid biopsy services, owing to the presence of leading players and prevalence of numerous high-potential cancer research institutes.

Key Takeaways from the Liquid Biopsy Market Analysis

  • Based on markers, circular tumor cells (CTC) are poised to emerge dominant in the forthcoming years.
  • Blood samples will emerge as the most preferred sample type
  • In terms of applications, liquid biopsy will be widely preferred for lung cancer diagnosis.
  • Cancer institutes are expected to remain dominant end users, accounting for over 40% of the total revenue share.
  • The U.S. will showcase high growth during the forecast period, due to the presence of major liquid biopsy product manufacturers.
  • The U.K. will emerge as an avenue for product innovations and development, further solidifying growth prospects.
  • Japan is anticipated to witness upswings in sales, owing to government-led cancer research initiatives.
  • India is expected to showcase high demand for liquid biopsy products, owing to the increased funding by government and expansion of healthcare infrastructure.

Competitive Landscape

BIOCEPT, INC., Qiagen N.V., Trovagene, Inc, Janssen Global Services, LLC, MDxHealth SA, Natera, Inc, F. Hoffmann-La Roche Ltd, Silicon Biosystems, Pathway Genomics Corporation, and Sysmex Corporation are among top manufacturers of liquid biopsy products, as profiled by FMI. As per the market survey, tier-1 companies are anticipated to account for approximately 20-25% of the total market share.

Strategic collaborations, partnerships, and product innovations are some of the prominent growth strategies applied by leading market players to establish a strong foothold in the liquid biopsy market. For instance:

  • In June 2021, Biocept Inc., collaborated with Quest Diagnostics, a New Jersey-based clinical laboratory, to offer laboratory services to Quest patients for its Target Selector NGS-based liquid biopsy lung cancer panel.
  • In February 2021, Menarini Silicon Biosystems, a leading developer of liquid biopsy and single-cell technologies, launched its innovative CellMag product line for staining and detection of rare circulating tumor cells (CTCs).

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More Insights into the Liquid Biopsy Market Report

In its latest report, FMI offers an unbiased analysis of the global liquid biopsy market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of marker type (circulating tumor cells (CTC), circulating tumor nucleic acids (cTNA) and exosomes), sample type (blood, urine and other including plasma, saliva and CSF), application type (lung cancer, gastrointestinal cancer, prostate cancer, colorectal cancer, leukemia), end-users (hospitals, cancer institutes, academic institutes, and diagnostic centers) and across seven regions (North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan (APEJ), Japan, and Middle East & Africa).

Liquid Biopsy Market by Category

By Marker Type:

  • CTCs (Circulating Tumour Cells)
  • ctNA (Circulating tumor Nucleic Acids)
  • Exosomes

By Sample Type:

  • Blood
  • Urine
  • Others (Plasma, Saliva, CSF)

By Application Type:

  • Lung Cancer
  • Gastrointestinal Cancer
  • Prostate Cancer
  • Breast Cancer
  • Colorectal Cancer
  • Leukemia

By End-Users:

  • Hospitals
  • Cancer Institutes
  • Academic Institutes
  • Diagnostic Centers

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 8-years.

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Portable Wheel Jack Market is estimated to top US$ 5.4 Bn by the end of 2022 | Report by Future Market Insights

According to Future Market Insights (FMI), the global portable wheel jack market is expected to reach US$ 6.8 billion in sales by 2029, growing at a 3.3% CAGR from 2022 to 2029.

Portable wheel jacks are devices that are used to lift heavy loads and equipment. There are numerous types of jacks available in the market, used for a variety of applications in diverse business segments. The scope of this research covers mechanical, hydraulic, electric, and pneumatic jacks. This research has a primary goal to analyse the current scenario of the portable wheel jack market and perspective of various end users, and preference of various users belonging to various segments, and also the adoption of different types of jacks by users in industries such as railways, aerospace, automotive, construction, mining, and marine.

Additionally, the global demand for portable wheel jacks is expected to be influenced by the safety standards implemented by almost every end-use industry. In addition, the efficient and fool proof work of portable wheel jacks is expected to increase their use across various industries.

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Mining & Construction Generating Significant Demand

On the basis of end user, the automotive segment is foreseen to experience substantial growth. However, the construction and mining segment is anticipated to account for a prominent volume share in the global portable wheel jack market. The floor jack/service jacks sub-segment under automotive end use is expected to witness a growth of 4.0 percent during the forecast period, mostly driven by increasing garages and car service stations across the globe.

Based on product type, the hydraulic portable wheel jacks segment is expected to be a prominent segment in the portable wheel jack market, accounting for more than 50% of the market share. Hydraulic portable wheel jacks are less likely to get affected by rust, which provides these jacks great working life. This will lure customers who are looking for a long-term solution for heavy lifting operations. Mechanical jacks are ideal for lifting light and moderate weights, but these jacks are incapable of lifting heavy loads and cannot sustain multi-toned weights, which can be easily lifted using hydraulic jacks. This factor is surging the demand for hydraulic jacks in target regions.

East Asian Market Emerging Lucrative

East Asia, against the backdrop of growing utilization and sales of end-use products, is set to act as one of the most lucrative regions in the portable wheel jack market during the forecast period. Furthermore, Europe and North America are likely to be prominent portable wheel jack markets over the coming years, mainly driven by the U.S. and EU-5. Automobile production in China and Germany is increasing at great pace every year, and the users of these automobiles will need lifting jacks or portable wheel jacks as a vehicle accessory.

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PORTABLE WHEEL JACK MARKET TAXONOMY

The global portable wheel jack market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach in front of the reader.

By End Use

  • Automotive
    • Floor Jacks/Service Jacks
    • Bottle Jacks
    • Scissor Jacks
    • Hi Lift Jacks
    • Trailer Jacks
  • Marine
    • Swivel Jacks with Wheels
    • Round Jacks (Swivel) with Foots & Others
  • Aerospace
    • Axle Jacks
    • Tripod Jacks
  • Railways
    • Heavy locomotives Jacks
    • Railcar Jacks
    • Transit Jacks
  • Construction and Mining
    • High tonnage mining Jacks
    • Scaffolding Jacks
    • Hydraulic Jacks
    • Mechanical Jacks

By Product Type

  • Hydraulic Portable Wheel Jacks
  • Pneumatic Portable Wheel Jacks
  • Electric Portable Wheel Jacks
  • Manually Operated Portable Wheel Jacks

Region

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

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Portable Wheel Jack Market: Key Participants 

Some of the key manufacturers involved in the portable wheel jack market are Horizon Global Corp., Curt Manufacturing LLC, Lippert Components, Inc., Gray Manufacturing Company Inc., Osaka Jack Co. Ltd., Tronair Inc., Kubanzheldormash Co., Dutton-Lainson Company, Vestil Manufacturing. HYDRO Systems KG, Autolift Gmbh, and Jiaxing Datong Machinery Co., Ltd., among others.

Within the global portable wheel jack market, players need to focus on pneumatic and electric portable wheel jacks. The increasing and booming railway industry and airplane transport industry automatically creates a great potential customer base for portable wheel jacks. Due to the intense and aggressive competition between hydraulic jack manufacturers, companies are compelled to manufacture quality products in the least price possible.

In terms of market value, the global portable wheel jack market is foreseen to increase at a moderate CAGR of more than 3%, and is set to provide opportunities to all stakeholders in the portable wheel jack market during 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.

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Global Theodolite Market is expected to reach US$ 456.7Mn in 2022 and grow at a CAGR of 6.1% from 2022 to 2032.

Theodolite use in numerous infrastructure and large-scale construction projects is expected to be a major factor in the market’s expected growth to $826.5 mn by 2032. It is anticipated that this sector will see significant usage growth. Before any kind of construction work starts, a theodolite tool, a type of surveying equipment, is used to determine the state of any unoccupied land or ground.

Angles are measured using a theodolite with accuracy ranging from 5 minutes to 0.1 seconds both horizontally and vertically. Theodolites are now a necessary tool for surveying construction sites, so there are still plenty of opportunities for the market to grow.

The Global Theodolite Market is anticipated to reach US$ 456.7Mn in 2022 and expand at a CAGR of 6.1% from 2022 to 2032, according to FMI Analyst.

Theodolite use has increased for land measurements, navigation, sightseeing, and outdoor activities, which has led to a gradual rise in theodolite demand on a global scale. Theodolite sales will increase throughout the forecast period as a result of various multi-functional features like rangefinders, navigational calculators, compasses, GPS, and geo-overlay video cameras/photos.

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Significant theodolite providers have been spending more on R&D, which end-use industries have openly acknowledged.

Regional Analysis of Global Theodolite Market Share

Because theodolite is widely used in both residential and non-residential buildings in North America, a sizeable portion of the global theodolite market is anticipated to be accounted for by this region.

The Asia Pacific is anticipated to grow at a high growth rate over the projected period as a result of increased investment in infrastructure projects that would promote the growth of the construction industry and increase theodolite sales throughout the regions.

China is expected to be the region’s and the world’s main driver of growth as a result of its expanding construction industry and significant investments in major cities. Because of the existence of numerous significant manufacturers, Japan is one of the top countries and holds a sizeable market share.

As a result of rising urbanisation and government funding of initiatives to develop urban infrastructure, it is also anticipated that ASEAN and India will experience a reasonably high growth rate. In addition, it is expected that growth in Europe, Latin America, the Middle East, and Africa will be moderate over the course of the anticipated period.

Market Competition

Some of the market’s top players include Trimble Inc., Hexagon, Topcon Corporation, EIE Instruments, South Surveying & Mapping Technology CO., LTD, FOIF, Dwyer Instruments LTD, Swagelok Company, Robert Bosch GmbH, Danfoss, Horizon SG, SAGINOMIYA SEISAKUSHO, INC., MAHLE GmbH, Fujikoki Corporation, and Fujitsu Limited.

The theodolite market is globally moderately consolidated due to the existence of numerous manufacturing industries. Market leaders maintain their dominance by making R&D investments, incorporating cutting-edge technology into their products, and offering clients superior products. Additional tactics include contracts, mergers, partnerships, and strategic alliances.

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The majority of theodolite manufacturers have been focusing on the introduction of new products and expanding their production capacities in developing nations like Mexico and India. Examples of strategies include creativity, cooperation with significant stakeholders, alliances, strategic alliances, and the creation of regional and global distribution networks.

They also engage in mergers and acquisitions and collaborations while obtaining regulatory permissions.

  • In October 2020, Topcon Corporation has announced the completion of the new factory of TOPCON OPTONEXUS Co., Ltd. a subsidiary of Topcon, in order to expand the production capacity of optical components that supports Topcon’s overall growth strategy.
  • In Sept. 2022— Civ Robotics, a San Francisco-based construction tech business that aims to modernize surveying layout for civil engineering and infrastructure projects, received investment from Trimble Ventures. This investment helps Trimble Ventures fulfil its commitment to fund early-stage and growing businesses that are advancing innovation, digital transformation, and sustainability in the sectors it serves, including transportation, construction, agriculture, and geospatial technology.

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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Automotive Display Units Market Worth US$ 15.6 Bn by 2022 – Exclusive Report by FMI

Future Market Insights (FMI) recently published a new report, titled, ‘Automotive Display Units Market: Global Industry Analysis 2014–2018 and Opportunity Assessment 2022–2029.” The value of the global automotive display units market was approximately US$ 15.6 Bn in 2022. The automotive display units market is predicted to grow at a prominent CAGR of around 8.0% during the forecast period. Full digital and navigation display systems will play a vital role in generating market revenue in the automotive display units market, according to FMI’s analysis.

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Head-Up Display Mark an Emerging Trend

In the current market scenario, technological advancements in automotive display units are estimated to become more important due to increasing penetration of navigation display systems, software, and various display technologies in automobiles. Moreover, automakers are focusing on head-up display and navigation systems in their vehicles in order to increase safety features.

Automotive display manufacturers have developed technologies such as TFT LCDs and AMOLEDs, which can be used in low ambient light conditions and enhance the vehicle safety. These technologies offer various advantages such as vehicle safety, high resolution, larger display size, high heat-resistance, and lighter than a liquid crystal display (LCD) feature.

Furthermore, stringent safety rules and regulations in countries such as Germany, the U.S., France, and Italy are compelling automotive manufacturers to raise the safety standards in their vehicles. To improve vehicle safety, automakers are trying to implement digital rear view mirrors and a pillar mirror to reduce the blind spots for vehicles, which is expected to support the demand for TFT, LCD, and AMOLED displays in the automotive display units market.

The growing sales of premium LCVs and HCVs in developed and developing economies are estimated to boost the growth of the automotive display units market. China is expected to be a prominent market in the global automotive display units market over the forecast period in term of volume, owing to the increasing demand for passenger cars from the middle-class population.

Moreover, government initiatives to promote the manufacturing sector in developing countries such as India are expected to further create opportunities in the automotive display units market. These factors are expected to directly impact the growth of the automotive display units market during the assessment period.

China and India to Create Significant Growth Opportunities

This global automotive display units market report observes that, East Asia is estimated to hold a prominent share in the global automotive display units market during the assessment period. Due to increasing vehicle production and rising vehicle safety standards, the demand for automotive display units is increasing across the globe.

China is estimated to hold a significant share in the East Asia Automotive Display Units market, and drive the growth of the region, while growing at a CAGR of nearly 10% in terms of value, between 2019 and 2029. This automotive display units market report studies the concerned markets across various regions, including North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa.

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AUTOMOTIVE DISPLAY UNITS MARKET TAXONOMY

The global automotive display units market is segmented in detail to cover every aspect of the market, and present a complete market intelligence approach in front of the reader.

By Product

  • Full Digital Displays
  • Navigation Displays
  • HUDs
  • Digital Side Mirrors
  • Digital Rear View Mirrors
  • Rear Seat Displays
  • Rear Seat Control

By Vehicle Type

  • Compact
  • Mid-Size
  • SUVs
  • Luxury
  • LCVs
  • HCVs

By Display Size

  • < 5 inch
  • 5-10 Inch
  • >10 Inch

By Touch Type

  • With Touch
  • Without Touch

By View Type

  • 2D
  • 3D

By Technology

  • TFT LCDs
  • PMOLEDs
  • PMLCDs
  • AMOLEDs

By Screen Format

  • Standard
  • Wide

By Sales Channel

  • OEMs
  • Aftermarket

By Resolution

  • Pixel Formats
  • Pixel Numbers

Region

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

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Global Automotive Display Units Market: Competitive Landscape

Some of the key players involved in the manufacturing of automotive display units, and included in this study are Robert Bosch GmbH, LG Displays, Panasonic Corporation, Denso Corporation, Magna International Inc., Valeo Sa, Delphi Automotive Plc, Continental Ag, Kyocera Corporation, Japan Display Inc., Au Optronics, and Pioneer Corporation, amongst others.

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:

Future Market Insights, Inc.
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Railway Fishplate Market reaching a valuation of US$ 5.89 Bn by year 2028 | Future Market Insights

The global market for railway fishplate market (US) or rail joint (UK), is anticipated to witness noteworthy growth in 2022-28, and reach a market value of around US$ 4,000 million, while registering a Y-o-Y growth rate of over 3%. Additionally, the global demand for railway fishplate is also expected to be influenced by the new rail lines installation across the globe. A new study by Future Market Insights (FMI) suggests that easy installation and cost effectiveness of railway fishplates than the conventional CRW method will remain the key growth influencers sustaining the revenues of railway fishplate market.

  • Global railway fishplate market size in 2018 – nearly US$ 4,000 Mn.
  • The railway fishplate market is expected to grow at a CAGR of over 3% during 2019-2029.

Increasing maintenance activities regarding passenger safety is estimated to be the key factor driving the growth of the global railway fishplate market during the forecast period. According to FMI’s analysis, high-speed rail is an emerging trend in rail transport, and creates the requirement of insulated rail joints, expected to witness significant growth in the coming years.

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On the basis of rail joint type, the insulated rail joints segment is foreseen to experience substantial growth. However, the common rail joints segment is anticipated to account for a dominating volume share in the global railway fishplate market. The insulated rail joints segment is expected to witness a growth of more than 4 percent during the forecast period, mostly driven by high speed rails and railway signalling systems. Based on the rail type, owing to increasing passenger and freight density, the heavy rails segment is expected to be a prominent segment in the railway fishplate market, accounting for more than 50% of the market share.

Developed Regional Markets Retain Lead, Rail Maintenance Projects Push Developing Markets

The railway fishplate markets in Europe and North America are expected to experience constant growth, since there are very less ongoing rail installation projects. Countries such as China, India, and Russia, are at the forefront in the railway industry, However, North America and Europe is expected to be prominent regions in terms of railway fishplate sales. Furthermore, China, along with India, is ascertained to witness substantial growth, owing to high railway network density and upcoming railway projects. In Latin America and the Middle East & Africa is expected to witness steady demand for railway fishplates.

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In the recent past, the emerging economies of China and India have been growing at relatively higher rates as compared to other countries such as Brazil, Germany, and the US. This, in turn, is expected to create logistic requirements. Periodic maintenance of rail tracks is required, which is expected to surge the railway fishplate aftermarket. Importantly, in the coming years, the need for efficient and high-strength railway fishplates is expected to boost the demand for composite materials. These are some of the key factors fuelling the demand outlook for railway fishplate.

RAILWAY FISHPLATES MARKET TAXONOMY

The global Railway Fishplate market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

By Rail Joint Type

  • Common Rail Joint
  • Compromise Rail Joint
  • Insulated Rail Joint
  • Joggled Fish Plate

By Rail Type

  • Heavy Rail
  • Light Rail

Region

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

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Key Vendor Insights – Railway Fishplate Market

Within the global railway fishplate market, players need to focus on changing requirement of demand side such as high strength and stiffness material and coping with trend of high speed rails. Railway fishplate market is expected to cater the majority of aftermarket front whereas OEM opportunity totally depends on the new upcoming railroad projects.

The report covers strategic profiles of some of the key manufacturers involved in the railway fishplate market, including Koppers Holdings, Inc., L.B. foster company, Unipart Rail Limited, Royal Infraconstru Limited, Taicang Zhongbo Railway Fastening Co. Ltd., Henry Williams Limited, N. Mohanlal Railtrack Pvt. Ltd., Linzhou Changda Railway Materials Co. Ltd., Anyang General International Co., Ltd. (AGICO), Bhaskar Industrial Developments Ltd, Monteferro of America, Jekay International Track Pvt Ltd, Surya Alloy Industries Ltd., Techma Engineering Enterprises Pvt. Ltd., Taicang Zhongbo Railway Fastening Co., Ltd., and Suthang Industrial Corporation, among others.

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:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
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