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Acetaminophen API Market: Overview

The usage of acetaminophen grade is higher due to its wide utilisation in the drug development process. While it is widely used in the pharmaceutical industry as a pain killer which offers a lucrative opportunity for the growth of the Acetaminophen API market in the forecasted period. Aside from this, the acetaminophen drug is combined with various drug and available in various forms, but it is mostly available in the form of extended-release tablets for showing analgesics effects. But heavy usage of this drug can cause serious adverse effects & can build toxicity which leads to other diseases. 

Acetaminophen API (paracetamol), or Tylenol, is used as in the first-line drug therapy in pain conditions. The API when combined with drug shows antipyretic & analgesics effect. Acetaminophen is found in over the counter (OTC) sensitivity drugs, cold meds, sleep medication, pain relievers and so on.

The medication can be administered in patients who are bigoted to salicylates and those with hypersensitive propensities, including bronchial asthmatics. It comes under the NSAIDs (nonsteroidal anti-inflammatory drugs) category because of its capacity to repress the cyclooxygenase (COX) pathways.

The Indian government has confined the export of 27 active pharmaceutical ingredients (APIs) and completed portion drugs made with those APIs because of Covid-19. Johnson and Johnson’s (New Brunswick, NJ, US) Tylenol (acetaminophen/paracetamol) is among the medications whose supply chain will be influenced.

The request will influence worldwide pharmaceutical supply chains. India is a crucial area of pharmaceutical manufacturing for the drugs market in different countries. The nation houses drug manufacturing units possessed by contract fabricating associations (CMOs) and others claimed by local and global biopharma organizations for in-house manufacturing

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Acetaminophen API Market: Drivers and Restraints:

The easy availability of this drug is boosting the growth of the Acetaminophen API market.  Meanwhile increasing usage of drugs for pain-relieving effects is propelling the growth of the Acetaminophen API market. Moreover, rising incidences of accidents, surgeries are further boosting the Acetaminophen API market.

Moreover, people addiction to using these drugs for rapid pain relief also fuelling the growth of the Acetaminophen API market. Additionally, environmental conditions, lifestyle changes & dietary habits modifications are responsible for a variety of disorders which increases the consumption of these drugs.

However, the excessive dosage can cause toxicity which can lead to serious complications such as liver diseases, fertility issues, carcinogenesis & mutagenesis which can hamper the growth of the Acetaminophen API market.

Acetaminophen API Market: Regional Wise Outlook

Geographically, the Acetaminophen API market is divided into seven regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, China, Japan & the Middle East and Africa.  Asia-Pacific is expected to dominate the global acetaminophen API market followed by North- America & Europe.

Asia-Pacific is dominating the global acetaminophen API market due to higher population rate which led to increased accidental cases, surgeries & various disorders, thus the demand for the drugs is increasing in this region which is boosting the Acetaminophen API regional market. While the increasing healthcare conditions & awareness amongst the people is further fuelling the Acetaminophen API market.

Rapid development & Advancements along with the changing environmental conditions is going to offer a lucrative opportunity for the growth of acetaminophen API market in North America during the forecasted period.

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Acetaminophen API Market: Key Market Participants

The key participants operating in the global acetaminophen API market identified across the value chain are

• BOC Sciences
• Tianjin Bofa Acetaminophen
• Mallinckrodt plc
•  Kemcolour International
• Changshu Huagang Acetaminophen
• Haohua Industry
• Kangle Acetaminophen
• Angene International Limited
• Anhui BBCA Acetaminophen
• Granules India
• Hebei Jiheng Acetaminophen
• Glosel India Impex Pvt Ltd. from India
•  Flare S.A. from Switzerland
• Silverline chemicals ltd from India
• Emkay Pharma Pvt Ltd from India
• Atabay K.S.V.T. from Turkey
• Anqiu Lu’An from China
• United Pharma Industries Co Ltd from China
• Farmson from India
• Liaoyuan City Baikang from China

The players working in the worldwide acetaminophen API market are concentrating on the drug discovery i.e. by combining the API with various other extracts for the development of new therapeutic medication which would be helpful in prevention & cure of various disorders. Currently, the company are focusing at the collaborations, mergers & acquisitions with other companies.

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Report Highlights:

• Detailed overview of the Healthcare market
• Changing Acetaminophen API Market dynamics in the industry
• Below the Acetaminophen API Market -depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Below the Acetaminophen API Market 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

Acetaminophen API Market Segmentation: 

The global Acetaminophen API market has been segmented based on product form, type, application, end-user and geography.

type

• Veterinary Drug Grade
• Acetaminophen Grade

end-user

• Pharmaceuticals Industry
• Research labs
• Educational institutes
• Others

product form

• Tablets (film-coated, extended-release)
• Oral Solution
• Suppository
• Injection
• Others

indications

• Antipyretic
• Analgesics
• Others

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[297 Pages Report] In 2022, the global angiography devices market is expected to be worth $12,116.7 million. The expanding scope of application and technological innovation are expected to be the primary growth drivers in the market. Overall angiography device sales are expected to grow at a 6.2% CAGR between 2022 and 2032, totaling around US$ 22,112 million by the end of 2032.

Angiography is an imaging procedure which provides visualization of blood vessel to detect narrow, blocked, enlarged arteries or veins in the body. Local or general anesthesia has been given to the patient during angiography procedure. This procedure uses various imaging technologies such as, Magnetic Resonance Imaging, Computed Tomography, X-ray and others. The superior quality of angiography imaging over conventional techniques is increasing the adoption of angiography devices especially for heart related disorders.

The MRI and CT angiography devices would be the most prominent products in this market owing to its efficacy, minimal side effects and short duration in terms of outcome. Commercialization of high end imaging technologies and increasing affordability of patients has increases the scope of hybrid angiography devices, in developed region. The demand for angiography devices in developing region would get reduced owing to its relatively saturated market situation. This market would be further driven by replacement of old devices.

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Angiography Devices Market: Overview

By device, the angiography device market was dominated by more advanced technologies such as MRI and CT, owing to their high efficiency over conventional technologies. Recently launched, Real-time 3D echocardiography by Siemens Healthcare is one of the key development in angiography devices market, which is used to diagnose various heart and coronary conditions. By procedure, coronary angiography and pulmonary angiography are the dominating procedure, owing to its high prevalence. By end-users, hospitals and surgical centers hold promising share, followed by diagnostic centers. This is due to premium pricing of angiography devices, which is unaffordable for the medium scale diagnostic centers. By disease indication, Coronary Artery Disease (CAD) is the leading segment due to its high incidence and absence of alternative diagnostic technique.

Angiography Devices Market: Drivers and Restraints

Increasing CVD incidences, growing number of geriatric population, dysfunctional lifestyle, growing demand for sophistication diagnostic procedures are driving the growth of angiography devices market, globally. Also, the rising awareness for cardiovascular disease diagnosis and treatment, favorable government regulation to commercialize angiography devices are the additional factors fueling the growth of angiography devices market. However, the high cost angiography devices, lack of reimbursement, and unaffordability across emerging economies are some of the factors impeding the market growth. However, the companies operating in this market are actively focusing on the commercialization of low cost system to grab the highest market share in emerging economies.

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Angiography Devices Market: Segmentation

The global angiography devices market is segmented based on, device, product type, application, procedures, end use and indication.

Based on devices, the global angiography devices market is segmented into the following:

Magnetic Resonance Angiography (MRA)

Computed Tomography Angiography (CTA)

Conventional Angiography

Digital Subtraction Angiography (DSA)

Catheter angiography

Coronary angiography

Others

Based on procedure, the global angiography devices market is segmented into the following:

Coronary Angiography

Pulmonary Angiography

Cerebral Angiography

Extremity Angiography

Renal Angiography

Based on end users, the global angiography devices market is segmented into the following:

Hospitals and Surgical Centers

Diagnostics Centers

Academic and Research Institutes

Based on indication, the global angiography devices market is segmented into the following:

Coronary Artery Disease (CAD)

Congenital Heart Disease

Congestive Heart Failure

Kidney Disorders

Others

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Angiography Devices Market: Region-wise Outlook

North America was the lading region for angiography devices in terms of revenue in 2015, followed by Europe. Increasing incidence of coronary disorder owing to dysfunction lifestyle is the prime factor driving the growth of angiography device market in these region. However, the similar kind of trend is now shifting towards emerging economies which is expected to create notable growth opportunity for the angiography device during the forecast period.

Angiography Devices Market: Key Players

Leading players operating in angiography devices includes, Shimadzu Corporation, Royal Philips Electronics, Siemens Healthcare, GE Healthcare, Toshiba Medical System Corporation, Shimadzu Corporation, St. Jude Medical, Inc., Toshiba Medical Systems Corporation, Cordis Corporation, Medtronic, Inc., and Abbott Vascular (Abbott Laboratories). Companies operating in this market are seeking for novel product to gain core competencies in the market. These companies are also conducting collaborative studies with the clinical research institutes to sustain their market position.

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Veterinary Orthopedic Drills Market: Drivers and Restraints

Rising prevalence of bone reconstruction in animals is the major driver for the rapid growth of the veterinary orthopedic drills market. Due to rising prevalence, there is rapid development in veterinary orthopedic drills development by innovator companies. Another such example is the replacement of traditional drills techniques with electrical drills these are mainly due to traditional drilling method majorly leads to osteonecrosis due to uncontrolled temperatures. Drilling is a pre-requisite for rigid fixation of bone and implants with screws and threaded devices. All these factors drive the burgeoning growth of veterinary orthopedic drills market. Along with rising demand due to increased compliance and less bone damage boosting the growth of the market.

Veterinary orthopedic drills are used for veterinary trauma surgery and are typically used to drill the bone to accommodate threaded device or screw for fixation. Orthopedic drills are mostly used in cruciate ligament reconstruction and basically drilling associated with a rise in temperature by converting mechanical energy into thermal energy of adjacent bone and soft tissues.

The magnitude of veterinary orthopedic drilling depends on rotation speed, axial thrust force, geometry, diameter and etc. Excessive temperature due to drilling can result in the osteonecrosis, or impairment of osteogenic potential of the bone. Veterinary orthopedic drills are mostly in bone reconstruction surgeries to treat injured bones.

Veterinary orthopedic drill-bits normally ranges from 0.5mm to several millimeters. Typical veterinary orthopedic drills consist of the shaft, flutes, chisel edge and cutting edges. Chisel edges of veterinary orthopedic drills majorly contribute to axial thrust force and little cutting. Veterinary orthopedic drills are classified into three type’s pneumatic, battery, and electrical. Battery veterinary drills are more costly but are more advanced than other types. Pneumatic and electrical veterinary drills require compressed gas and external electric power and are cheaper than battery drills. The greatest advantage of battery veterinary orthopedic drills is ease of use in required directions in the absence of wire or hose.

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Damage due to drilling and sterilization issues of drills limits the growth of the veterinary orthopedic drills market.

Veterinary Orthopedic Drills Market: Market Overview

Global Veterinary Orthopedic Drills market has witnessed a robust growth due to increasing prevalence of orthopedic reconstruction of companion animals. Veterinary Orthopedic Drills market has a presence of many regional players which have a huge market share in emerging countries operating at regional or country level. There are huge opportunities for the untapped markets in emerging countries due to few approved players of the Veterinary Orthopedic Drills. The key players in the Veterinary Orthopedic Drills market are mainly focused on expansion by collaborations and partnerships with local vendors in increase the market reach of the products. The future of Veterinary Orthopedic Drills market anticipated with double CAGR during forecasting period.

Veterinary Orthopedic Drills Market: Region-Wise Overview

Global Veterinary Orthopedic Drills market segmented into following regions North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan and the Middle East and Africa. North America is dominant in the Global Veterinary Orthopedic Drills market mainly due to increasing prevalence. In North America, particularly the USA is dominating due to the high penetration of bone reconstruction. Economic conditions in the APAC region are set to drive the Veterinary Orthopedic Drills market to new heights. European and APAC are fastest growing region due to rising awareness of Veterinary Orthopedic disorders. Growth in the Middle East and African region is considerably less when compared to the other regions. However, North America would maintain its position in the Veterinary Orthopedic Drills market, though, we are anticipating emerging economies such India, China, Brazil, to have the highest growth rate in Veterinary Orthopedic Drills market.

Veterinary Orthopedic Drills Market: Key Participants

The key participants in the Veterinary Orthopedic Drills market mainly include IMEX Veterinary, Inc, Vet. Surgical Resources, Inc., Surgical Holdings, and others. Companies are mainly focused on R&D to strengthen core competencies of the company’s product portfolio.

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.

The report covers exhaust analysis on:

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

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, macroeconomic 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.

Veterinary Orthopedic Drills Market: Segmentation

Segmentation based on Product Type

• Pneumatic Drills
• Electrical Drills
• Battery Drills

Segmentation based on Product Type

• Veterinary Hospitals
• Veterinary Clinics

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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

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 10-years.

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The global sales enablement platform market is expected to secure US$ 11 Billion while exhibiting a 16.2% growth rate during the forecast period. The market is estimated at US$ 2 Billion in 2021 and US$ 2.4 Billion in 2022. The growth of the market can be attributed to the extensive usage of the sales enablement platform for increasing sales revenue.

The increasing use of sales enablement platforms in end-use industries such as Manufacturing, Healthcare and Life Sciences, Media and Entertainment, IT and Telecom and BFSI are expected to boost the growth of the market during the forecast period. Increasing emphasis on adopting sales enablement platforms and increasing demand for improving internal sales process are some of the factors driving the market growth during the forecast period

Rapidly changing consumer preferences owing to the lifestyle upsurge the need in sales enablement platform to offer the customer-centric experience is also one of the major factor affecting the growth of the market.

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Key Takeaways 

• By component, the Platform segment is expected to record an 16.1% CAGR by 2032
• By deployment model, the Cloud based segment to expand at a 15.9% growth rate during the forecast period.
• The U.S market to garner US$ 3.9 Billion and record an 16.0% CAGR from 2022-2032
• Market in China to procure US$ 794.2 Million, expanding at a 15.6% growth rate during the assessment period

Competitive Analysis 

Players in the global sales enablement market include UPLAND SOFTWARE INC., SEISMIC, HIGHSPOT, BIGTINCAN, MINDTICKLE, among others. In addition, the vendors are likely to leverage up-gradation and product differentiation to gain an edge over other competitors in the market. Recent developments among players include:

• In May 2022, Mindtickle, announced a partnership with BoostUp.ai, the leading Revenue Operations and Intelligence Platform. The companies have partnered to build an integration between their two platforms that utilizes insights on deal and account health to suggest relevant content and enablement programs. This helps reps get better with every sale and win more.
• In January 2021 - Bigtincan announced that it has acquired 100% of VoiceVibes Inc. The deal extends Bigtincan’s lead in AI-driven sales enablement to help sellers most effectively engage with buyers in the digital world.

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More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global sales enablement platform market presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032.

Key Segments Covered In The Sales Enablement Platform Market Study

Sales Enablement Platform Market by Component:

• Sales Enablement Platforms
• Sales Enablement Services

Sales Enablement Platform Market by Deployment Model:

• On-Premises Sales Enablement Platforms
• Cloud-Based Sales Enablement Platforms

Sales Enablement Platform Market by Industry Vertical:

• Sales Enablement Platform for Manufacturing
• Sales Enablement Platform for Healthcare and Life Sciences
• Sales Enablement Platform for Media and Entertainment
• Sales Enablement Platform for IT and Telecom
• Sales Enablement Platform for BFSI
• Sales Enablement Platform for Other Industry Verticals

Sales Enablement Platform Market by Region:

• North America Sales Enablement Platform Market
• Europe Sales Enablement Platform Market
• Asia Pacific Sales Enablement Platform Market
• Middle East and Africa Sales Enablement Platform Market
• Latin America Sales Enablement Platform Market

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https://axisflare.com/read-blog/66063

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

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The Salesforce CRM document generation software market is expected to increase at a CAGR of 10.6% through 2032, from USD 893 million in 2022 to USD 2.5 Billion in 2032.

Over the projected period, the rising demand for automated document generating is expected to increase demand for salesforce CRM document generation software and is expected to positively influence the salesforce CRM document generation software market trends.

With the rise of digitization and internet penetration in the social and corporate spaces in recent years, company operations have become increasingly complicated and thereby widening the salesforce CRM document generation software market opportunities.

The company is progressively concentrating on providing more dependable, secure, and appropriate service to its consumers in order to win their trust and drive the company’s growth expected to boost the salesforce CRM document generation software market statistics. Customers connect with enterprises mostly through sales or inquiry.

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Due to the comparable functions and operational viability it offers to both large organisations and SMEs, as IT technology has evolved, numerous businesses have sought to merge the capabilities of CRM and document management systems into one component. These are considered to be some of the vital factors enlarging the salesforce CRM document generation software market size.

Over the projected period, the rising demand for automated document generating is expected to increase demand for Salesforce CRM document generation software and salesforce CRM document generation software market opportunities.

With the introduction of capable cloud management solutions, IT technology has advanced with the capacity to encrypt, store, and retrieve client data with ease from remote places, reducing documentation time and assisting the demand for document creation across corporate activities.

The biggest salesforce CRM document generation software market share was held by large enterprises. Large enterprises include anything from sole proprietorships to multinational firms with thousands of employees spread across many countries.

The growing importance of CRM documentation is likely to fuel salesforce CRM document generation software market expansion.

KEY TAKEAWAYS:

• The salesforce CRM document generation software market in the United States is expected to reach US$ 874.3 Million by 2032, growing at a CAGR of 10.4% through 2032.
• By 2032, the UK’s salesforce CRM document generation software market is predicted to be valued at US$ 102.5 Million through 2032, with a CAGR of 9.6% through 2032.
• South Korea is expected to reach a salesforce CRM document generation software market size of US$ 87 Million by 2032, with a CAGR of 9% through 2032.
• With a CAGR of 10.1% through 2032, China’s salesforce CRM document generation software market is predicted to reach US$ 170.8 Million by 2032.
• The market for salesforce CRM document generation software in Japan is expected to be worth US$ 146.9 Million by 2032, with a CAGR of 9.7% through 2032.
• The cloud-based category in the type sector of the salesforce CRM document generation software market is expected to grow at a CAGR of 10.5% through 2032.
• The large enterprises in the application segment of the salesforce CRM document generation software market is increasing at a CAGR of 10.0% through 2032.

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COMPETITIVE LANDSCAPE:

Conga, Nintex, SpringCM, DealHub, Formstack (WebMerge), Windward Studios, S-Docs, Docomotion, and Others are among the legacy players profiled in the Salesforce CRM Document Generation Software Market research report.

Salesforce CRM document generation software market growth, escalation in salesforce CRM document generation software market share, salesforce CRM document generation software market adoption trends, and major market strategies are all included in this report.

Our salesforce CRM document generation software market study also includes a part dedicated only to such large firms, in which our experts present an overview of all of the main players’ financial statements, as well as product benchmarking and SWOT analysis for salesforce CRM document generation software market outlook.

Key Segments:

By Type:

• Cloud Based
• On-Premises

By Application:

• Large Enterprises
• SMEs

By Region:

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

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About Us

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

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The global industrial and workplace safety industry is expected to grow at a 6.4% CAGR, reaching US$ 11.6 billion by 2032, up from US$ 5.9 billion in 2021. According to a market study on industrial and workplace safety, rising occupational safety concerns are driving up demand for workplace safety solutions. Industrial health and safety regulations are strictly enforced globally, and the requirement to use industrial safety solutions in the workplace is a major factor driving market statistics for industrial and workplace safety.

The management of all activities and events within an industry with the aim of protecting its people and assets through the avoidance of risks, accidents, hazards, and near misses is known as industrial machine safety. Governmental organisations control it through a range of laws and regulations.

The study also reveals that the industrial and workplace safety market is experiencing significant growth due to the high demand for reliable safety systems to ensure asset and personal protection.

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Intelligent clothing, smart safety, autonomous vehicles, and smart construction PPE are new, emerging trends in the industrial and workplace safety market that will most likely augur well for the industrial and workplace safety market.

The increasing integration of big data in safety tools, as well as the use of safety information as a predictive tool for risk management, is anticipated to provide lucrative industrial and workplace safety market opportunities to grow.

Sales of industrial and workplace safety solutions are also expected to rise during the forecast period as the surveillance industry is expanding rapidly, particularly in Europe and North America.

Industrial and workplace safety solutions adoption trends are positively impacted by many industries that have begun to implement real-time location monitoring systems (RTLMS), monitoring and surveillance solutions, and environmental health and safety systems (EHS) to protect their assets, thereby supporting the industrial and workplace safety market trends and forecast.

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The industrial and workplace safety market key trends & opportunities are also facilitated by the industrial internet of things (IIoT) as it enables analysis and control by providing virtual management of physical systems, resulting in improved performance.

Therefore, the adoption of industrial and workplace safety solutions is projected to scale up during the forecast period due to the increasing adoption of IoT.

Considering all of the above-mentioned factors, the industrial and workplace safety market size is expected to be around US$ 6.3 Bn by 2022.

Key Takeaways

• By system, Real-Time Location Monitoring Systems (RTLMS) is likely to dominate the market as they identify and track the location of objects & people in a defined area in real-time and are used for a variety of applications.
• By application, the incident and emergency management segment is expected to lead the market owing to the large-scale deployment to reduce workplace injuries and accident cases.

• During the forecast period, the food and beverage segment is expected to grow at the fastest CAGR owing to an increase in demand for these systems as a result of various regulations.
• Due to stringent regulations such as GDPR, Europe is expected to see significant market growth and witness a positive industrial and workplace safety market outlook.
• On account of government and regulatory framework for labor safety and well-being, Asia Pacific would pave the way to various industrial and workplace safety market future trends during the forecast period.

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“North America is expected to be the leading holder of industrial and workplace safety market share. The presence of global innovative technology providers and tech-savvy consumers drives the demand for innovative workplace safety solutions, and safety standards are key factors driving the market growth in North America. The increasing use of advanced technologies and smart sensors in workplace safety to monitor and track equipment provides opportunities for industrial and workplace safety companies in the region.” opines an FMI analyst.

Competitive Landscape

To strengthen their industrial and workplace safety market share, the industrial players have been implementing a variety of organic and inorganic growth strategies, such as acquisitions, agreements, and new product launches, thereby giving way to many emerging trends in the industrial and workplace safety market.

The major players in the industrial safety market are Honeywell International Inc. (US), Rockwell Automation, Inc. (US), Schneider Electric SE (France), Siemens AG (Germany), ABB Ltd. (Switzerland), Emerson Electric Co. (US), HIMA (Germany), Yokogawa Electric Corp. (Japan), Omron Corporation (Japan), and Baker Hughes (US).

Key Segments

By Type:

• Machine Safety
• Worker Safety

By Component:

• Presence Sensing Safety Sensors
• Safety Controllers/ Modules/Relays
• Programmable Safety Systems
• Safety Interlock Switches
• Emergency Stop Controls
• Two-Hand Safety Controls
• Others

By Safety System:

• Emergency Shutdown System (ESD)
• High Integrity Pressure Protection System (HIPPS)
• Burner Management System (BMS)
• Fire & Gas Monitoring System
• Turbomachinery Control System (TMC)

By Industry:

• Oil & Gas
• Energy & Power
• Chemicals
• Food & Beverages
• Aerospace
• Automotive
• Semiconductor
• Healthcare & Pharmaceuticals
• Metals & Mining
• Others

By Region:

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

About Us:

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

Contact:
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Jumeirah Bay 2
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North America is projected to remain a key wear plate market over the forecast period owing to increasing demand from end-use applications. Sales in North America are expected to surge at a CAGR of 7.0% through 2031.

According to Future Market Insights (FMI), the wear plates market is expected to grow rapidly in the near future, owing to the expansion of end-use industries and manufacturing applications.

Wear plate market demand is expected to rise due to growing applications in waste management, pulp and paper, chemicals, and other industries over the forecast period. As a result, increased research and development activities will propel the wear plate market forward.

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It also saves money on maintenance because it outlasts all other steels. The use of wear-resistant steel plates reduces the weight of the equipment by 30-40%. As a result, the global wear plates market is expected to grow at a CAGR of 6.3 percent between 2021 and 2031.

Future Market Insights used a multidisciplinary approach during the prediction era to shed light on the success and progress of the Wear Plates Market. The study provides a deep dive into the current growth dynamics and their major revenues for 2019, as well as key prospects for the forecast period.

Future Market Insights analysts used extensive rounds of critical and detailed secondary research to arrive at various Wear Plates Market forecasts and predictions, both on a national and international scale. They have incorporated numerous industry-wide unmistakable business merge estimations, figures, and market data into income assessments and projections in the Wear Plates Market.

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Key Players

Some of the key market participants in the global Wear Plates market, identified across the value chain include:

• SSAB
• JFE
• ThyssenKrupp
• Dillinger
• ArcelorMittal
• Essar Steel Algoma
• NSSMC
• Wuyang Steel
• Xinyu Iron & Steel
• NLMK Clabecq
• Baosteel Group
• Baohua Resistant Steel
• Bisalloy
• ANSTEEL
• TISCO
• Bisalloy Jigang

According to Future Market Insights (FMI), the wear plates market is likely to witness robust growth in the near future, on the back of expansion of end-use industries and applications in manufacturing.

Global Wear Plate Market by Category

By Material Type:

• Mild Steel
  • Hardox
  • Abrasion Resistant Grade
  • Flame Hardened Grade
• Austenitic Stainless Steel
  • Duplex
  • Niobium Carbide
• Alloys
  • Tungsten Carbide Coated Steel
  • Chromium Carbide Coated Steel
  • Boron Carbide Coated Steel
• Bronze
• Carbon Graphite

By Plate Thickness:

• 3 to 6 mm
• 6 to 10 mm
• 10 to 15 mm
• 15 to 20 mm
• 20 to 25 mm
• 25 to 50 mm
• 60 to 120 mm
• 120 to 150 mm

By End Use:

• Mining
• Power Generation
• Cement & Refractories
• Sugar
• Off-Road Construction & Earthmoving Equipment
• Waste Management
• Pulp & Paper
• Chemicals
• Steel & Aluminium Mills
• Others

By Region:

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

About Us:

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

Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Latest Report: https://www.futuremarketinsights.com/reports/
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The global industrial air compressor market is expected to be valued at US$ 33.3Billion in 2022. With the increasing use in end-use industries the demand for industrial air compressors is projected to grow at a CAGR of 3.8% between 2022 and 2032, totaling around US$46.6 Billion by 2032.

Manufacturers of industrial air compressors are focusing on the development of digitally controlled systems, such as compression solutions with automation and digitalization. This, in turn, is expected to lead to increased demand for industrial air compressors.

Moreover, rising demand from the oil and gas sector will remain a key growth driver. During the forecast period, the oil and gas, automotive, and transportation industries will account for the majority of market sales, according to the report. As these industries expand, attractive opportunities for growth will emerge in the near future.

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Key Takeaways from the Industrial Air Compressor Market Study

• Industrial air compressor market will register a CAGR of ~4.6% over the forecast period of 2021-2031
• Expansion of oil exploration activities have placed the U.S. as a chief market, which accounts for over 70% sales within North America
• Improving production in the automotive sector will fuel demand in the U.K., enabling above 6% y-o-y growth in 2021 in terms of value
• Application across diverse sectors will drive growth in industrial air compressor market in Germany and France
• Rising demand for power generation will push growth in Japan and China

“The main catalyst behind the growing popularity of air compressors is the innovation that goes into newer models in the market. In economic downturns, sales of air compressors are less likely to witness significant gains in some of the world’s more developed markets. Nonetheless, the technology will always have thriving markets as long as there are developing countries are eager to compete with the industrialized world.” says a Future Market Insights analyst.

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The industrial air compressor market is expected to be a high-opportunity market in the forecast period owing to increasing demand from various manufacturing and production industries as well as investments in oil & gas and power generation sectors, which are expected to drive the demand through the forecast period. Moreover, manufacturers are emphasizing on developing digitalized and customized products as per customer demands along with improved technology, life cycle, higher efficiency and less maintenance cost. These factors are expected to positively influence growth in demand for Industrial air compressors during the forecast period.

Industrial Air Compressor Market by Category

By Technology

• Rotary
• Reciprocating
• Centrifugal
• Axial

By Capacity

• Upto 500 HP
• 500 – 2000 HP
• 2000 – 5000 HP
• 5000 – 12000 HP
• 12000 – 20000 HP
• Above 20000 HP

By Compression Stage

• Single Stage
• Double Stage
• Multistage

By Driver Type

• Electric
• Natural Gas
• Fuel Driven

By End Use

• Automotive and Transportation
• Oil and Gas
• Power Generation
• Chemicals
• Food and Beverages
• Pharmaceuticals
• Mining and Metals
• Industrial Air Separation
• Other manufacturing

Region

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

About Us:

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

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