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Europe is the latest plate heat exchanger market, with a revenue of 26%. This is attributed to the UK’s aim towards zero-emission regulations for residential and commercial buildings and focusing on less carbon-intensive processes. Furthermore, the European government’s stringent environmental protection policies state that a 20% reduction in greenhouse gas emissions and a 20% increase in energy efficiency are being implemented to halt global warming, which will lead to further growth of the plate heat exchanger market share.

Rapid industrialization expansion, along with a notable rise in HVACR deployment and other industrial activities, is expected to surge the demand for plate heat exchangers. Although, the high cost of production is a major restraint on market growth.

Heavy investments in the food and beverage, petrochemical, chemical, and HVACR industries, on the other hand, are expected to create lucrative market opportunities. Manufacturers on the market provide long-lasting plate heat exchangers that are suitable for a wide range of applications in a variety of industries.

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End users can work with key providers and speak directly with an Application Engineer who can guide them to the most effective solution tailored to their specific needs. By removing the layers of middle management in development, these key providers eliminate the possibility of misinformation while also speeding up the manufacturing process.

Need For Thermonuclear Energy With The Expansion Of The Worldwide Electricity Base & Other Aspects

The demand for thermonuclear energy has grown in tandem with the expansion of the global electricity grid. Furthermore, there has been an increase in the integration of current product lines and next-generation network-based solutions for improved fault detection and smooth operation. These factors are expected to drive plate heat exchanger adoption.

Thermal storage systems have seen technological advancements that necessitate the use of a plate heat exchanger. Furthermore, the solar power industry’s rapid growth is attributed to its adaptability to moderate weather conditions and the commercialization of molten salt fluid technologies. These factors are likely to result in significant market growth.

Regional Analysis:

Europe is the latest plate heat exchanger market, with a revenue of 26%. This is attributed to the UK’s aim towards zero-emission regulations for residential and commercial buildings and focusing on less carbon-intensive processes.

North America is the second largest plate heat exchanger market, with a revenue of 22%. This is owing to the growing adoption of light vehicles and hybrid vehicles in the region.

Moreover, this region aims toward zero-emission regulations for residential and commercial buildings and focuses on less carbon-intensive processes, which directly contribute to the global plate heat exchanger market growth. In addition, this region is a hub for many established companies operating in oil & gas, HVAC, automobile aviation, aerospace, and others.

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Competitive Analysis:

Industry players in the plate heat exchanger market share are involved in strategic mergers & acquisitions to expand their revenue pockets. Companies are focusing on making a significant geographical presence and supply chain expansion. These factors are advancing heat exchanger solutions and have made it possible for manufacturers to produce a wide range of its applications.

OTHER MARKET PLAYERS OF THE PLATE HEAT EXCHANGER MARKET:

• Tranter Inc.
• Industrial Heat Transfer Inc.
• Heat Exchanger USA
• Kelvion Holdings GmbH
• Mason Manufacturing LLC
• UK Exchangers Ltd.
• Guntner GmbH & Co. KG
• Thermotec GmbH
• HOLTOP
• ALFA LAVAL AB
• API Heat Transfer
• SPX Corporation

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The passwordless authentication market is projected to grow US$ 13,450.4 Million in 2022, at an expected CAGR of more than 15.3% between 2022 and 2032, totalling around US$ 55,679.4 Million by 2032. Passwordless authentication is basically a type of multi-factor authentication, which requires users to prove their identity without using passwords as a factor.

Some authentication may still require a username. The security process of passwordless authentication relies on few unique biological characteristics of an individual in order to verify authenticity. There are major factors like improved security and convenient way of accessing data from anywhere, driving the growth of passwordless authentication systems.

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What is Driving Demand for Passwordless Authentication?

There is an increase in penetration of smartphones and other consumer electronic devices, demanding for access to end-user accounts and logins. Growing adoption of passwordless authentication for an additional layer of security beyond passwords is another factor driving the growth of passwordless authentication market.

Further, advanced technologies such as internet of things (IoT) and artificial intelligence in devices such as smartphones and tablets among others are factors, driving the growth of passwordless authentication solutions. There are companies, who are adopting the use of fingerprint authentication and smartcards in their offices, which is further propelling the sales of passwordless authentication systems.

Security points like fingerprint sensors and smartcards are making a way for a smooth flow of data between point and allowing for a seamless experience. Enterprises are making use of facial recognition, voice analysis and iris recognition to authenticate and verify its employees. Furthermore, the global rise in applications of fingerprint recognition and facial recognition in consumer electronics is expected to propel the passwordless authentication demand.

Rise in Applications of Passwordless Authentication in Banking Sector

There are roughly 80% of hacking-related breaches because of weak and reused passwords. More than 90% users reuse passwords across work and personal accounts. This is the reason, why banking industry is moving towards implementation of passwordless authentication for an additional layer of security of their customer’s accounts.

Human errors are always referred as a security hole, which cannot be fixed by IT team. There are several ways that IT can minimize the risk, pro security professional are heavily focusing on the same. The particularly weak link is authentication, so authentication system in banking sector are adopting, especially as cloud services multiply and there is an increase in danger from weak or stolen passwords.

Thus, rise in applications of passwordless authentication in banking sector is augmenting the growth of passwordless authentication solutions globally.

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US and Canada Passwordless Authentication Market Outlook

The US has majority of the key vendors offering wide range of authentication solutions. This is one of the major driving factor for passwordless authentication market in the country. All the major industries such as healthcare, banking, retail, logistics, consumer electronics and others are moving towards the adoption of passwordless authentication.

There is an increase in adoption of passwordless authentication technology in the country and there is a good number of research projects going on. This can impel the expansion of passwordless authentication in the US, as well as in Canada.

Most of the states in the US and Canada are making strides and tops in the implementation of passwordless authentication solutions across different applications. Due to significant rise of passwordless authentication demand in the US, it will attribute to the availability of more technical solutions in the upcoming years.

Authentication and biometrics technology has moved far beyond its initial use case as an additional layer of security which leads the way for growth of passwordless authentication technology, in the coming years.

Who are the Key Passwordless Authentication Vendors?

Some of the leading vendors of passwordless authentication include

• Fujitsu Ltd.
• NEC Corporation
• Accu-Time Systems Inc.
• EyeVerify, Inc.
• Crossmatch Technologies
• M2SYS Technology
• Thales Group
• Safran
• Dermalog Identification Systems GmbH
• East Shore Technologies, Inc. and others.

The companies involved in the software and services of passwordless authentication are carrying out different expansion strategies to increase their customer base and market shares. They are also focusing on strategic partnerships and acquisitions with other companies to broaden thier product offerings.

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

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments Covered in the Passwordless Authentication Industry Analysis

By Solution:

• Passwordless Authentication Software
• Services
  • Professional Services
  • Managed Services

By Authentication Type:

• Single-factor Authentication
• Multi-factor Authentication

By End-use Industry:

• BFSI
• Consumer Electronics
• Logistics
• Government
• Aerospace & Defense
• Healthcare
• Retail
• Others

By Region:

• North America Passwordless Authentication Market
• Latin America Passwordless Authentication Market
• Europe Passwordless Authentication Market
• East Asia Passwordless Authentication Market
• South Asia Passwordless Authentication Market
• Oceania Passwordless Authentication Market
• MEA Passwordless Authentication Market

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The sleeper pads market is likely to record a strong CAGR of 7.1% during the forecast period. The sleeper pads market is currently valued at US$ 68.63 Bn in 2022 and is likely to reach US$ 73.50 Bn by 2032.

Sleeper pads are customized resilient systems designed to improve the quality of the track by reducing track maintenance and to provide mitigation of vibrations by fixing elastic elements at bottom of the sleepers. Sleeper pads preserve the ballast under the tracks and improve stability. The lines having high axle loads and high speed rail lines as well as standard gauge lines can be equipped with sleeper pads. The installation of sleeper pads enables the train’s movement in safe and comfortable manner by reducing abrasion and friction.

The installation of sleeper beds slow down this process by distribution of axle loads over number of sleepers, increasing the contact surface between surface and ballast, weakening the dynamic vibrations in the ballast. In the recent times, the improvements in train suspension system compelled to reduce extraneous vibrations and increase stability and ride comfort. This in turn is expected to drive the sleeper pads market during the forecast period.

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The sleeper pads can also be attached to sleepers at post production stage such as repairing and retrofitting. The ballast structure is commonly used for track bed. Constant loads causes ballast compression resulting into wear and breaking up of the rocks. These effects reduce the quality of the track geometry.

Sleeper Pads Market: Dynamics

To muster the needs of better transport infrastructure and urbanization, advanced transportation systems are being developed across the world. This has instilled the use of high speed railways. However the high speed railway cars can cause substantial vibrations, which can reduce ride quality and cause adverse stability. Furthermore, technological advancements in railways concerning power enhancement and speed require effective vibration reaction and efficient suspension. Owing to the ability of sleeper pads to avail suspension even at high speed and high load conditions, the demand for Sleeper Pads is projected to witness substantial growth all across the globe.

The government authorities of various countries are pivoting on strengthening their networks by investing in expanding railway network in order to meet transportation demand. This is estimated to impact the sleeper pads market positively over the forecast timeline. The freight based rail locomotives are subject to mechanical stress due to heavy loads hence require installation and periodic replacement of sleeper pads.

Owing to periodic replacement and retrofitting of existing grids in the rail networks, the aftermarket sales channel of sleeper pads is estimated to project significant opportunities in the global market. Attributing to this, sleeper pads market is expected to witness healthy growth during the forecast period. Whereas, there are some factors curtailing the growth rate in global sleeper pads market such as high installation cost and difficulty for installations in existing grids. However, the current trend for deployment of better technology for improvement in results will contribute towards the growth of global sleeper pads market over the forecast period.

Sleeper Pads Market: Regional Outlook

Rapid developments in the rolling stock industry is prompted a wave of strategic flourishing in the global sleeper pad market over the coming years. In the emerging economies such as China, government are focused to sprawling railway network for high speed trains is aid to boom the sales of sleeper pads market over the coming decades. Western Europe and North America are expected to dominate the sleeper pads market owing to these region are projected to account leading share in the global rolling stock industry.

Furthermore, the introduction of new projects in these regions is also expected to surge the sleeper pads in coming years. Asia pacific region is projected to create lucrative growth in the sleeper pads market, owing to rising railway passenger density over the span of coming years.  Middle East & Africa is estimated to account for relatively smaller share in the global sleeper pads market owing to inadequacy in the production of railway components over the forecast period.

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Sleeper Pads Market: Key Players

• Sea to Summit
• Therm-a-Rest
• REI
• KLYMIT
• Nemo Equipment
• Exped
• Decathlon
• Outdoor gear lab
• Mammut
• Alpinizmo
• Getzner

The research report presents a comprehensive assessment of the Sleeper pads 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 the Sleeper pads market segments such as geographies, product type, and application.

The report covers exhaustive analysis on:

• Sleeper pads Market Segments
• Sleeper pads Market Dynamics
• Sleeper pads Market Size
• Sleeper pads Supply & Demand
• Sleeper pads Current Trends/Issues/Challenges
• Sleeper pads Competition & Companies involved
• Sleeper pads Technology
• Sleeper pads 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 global Sleeper pads market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The global Sleeper pads market report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The global Sleeper pads market report also maps the qualitative impact of various market factors on market segments and geographies.

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 automotive wheel bearing aftermarket is growing steadily with the rise in production of higher load carrying commercial vehicles, high performance vehicles, and others. Maintenance of wheel bearings is important to maintain smooth wheel functioning and free rotation of the wheel hub. This is creating increasing demand for automotive wheel bearing aftermarket services.

A new study by Future Market Insights (FMI) states that the global automotive wheel bearing aftermarket is expected to rise at ~3.4% CAGR during the forecast period from the year 2020 to 2030.

Due to the rise in industrialization and economic growth, the demand for automotive wheel bearings is rising. In order to meet necessities of customers, market players are focusing on developing hybrid bearings with improved stiffness and load capacity. With researches underway to improve overall functionality, the demand in automotive wheel bearing aftermarket is expected to surge in the coming years.

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Despite facing hindrances caused by COVID-19 pandemic, the global automotive wheel bearing aftermarket is set to witness impressive growth during the forecast period.

FMI offers an exhaustive overview of the automotive wheel bearing aftermarket, its potential, growth drivers and restraints.

Some of the key takeaways from the report are highlighted below-

• Independent aftermarket have emerged as preferred sales channels
• The rising sales of passenger vehicles are fuelling demand for automotive wheel bearing aftermarket
• The demand for tapered roller bearing is expected to rise at a higher pace among products available in the market
• Application of automotive wheel bearings in rear will continue accounting for the maximum sales in the market
• East Asia automotive wheel bearing aftermarket will remain dominant through the forecast period

 “The increase in sales of passenger cars and two wheelers is expected to drive the global automotive wheel bearing aftermarket. Furthermore, the usage of advanced technologies and materials in automotive manufacturing has increased the average operational age of vehicles significantly which in turn is catering to the growth of automotive wheel bearing aftermarket,” says an FMI analyst.

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COVID-19 Impact Analysis

The market has been severely affected by the outbreak of COVID-19 pandemic. The decrease in demand for automotive wheel bearings coupled with the decline in growth of automotive industry has hampered the growth of the aftermarket.

Factors such as shutting down of manufacturing units, disruptions in transport and sales channels, scarcity of raw materials, and others have resulted in the declining growth of automotive wheel bearing aftermarket.

With the commencement of vaccination, the automotive wheel bearing aftermarket is anticipated to recover by the end of the year 2021 or beginning of 2022.

Who is Winning

With competition getting fiercer, market players are focussing on launching of extensive range of products with improved flexibility and load carriage capacity.

For instance, NSK Ltd. Has launched their new hub unit bearings with integral sensor located between the rows with a very small air gap in the recent year. They have also launched hub unit bearings with angular passive sensor with integral high-output sensor in the current year.

NRB Bearings Ltd. has launched their exclusive needle roller bearing with high load capacity and flexibility in the current year.

Some of the leading companies operating in the market are NTN Bearing, The Timken Company, Continental Group, AB SKF, NSK Ltd, Schaeffler AG, JTEKT Corp, among others.

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Key Segments

Sales Channel

• Original Equipment Supplier
• Independent Aftermarket

Vehicle Type

• Passenger Car
  • Compact
  • Mid Sized
  • SUV
  • Luxury
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Product Type

• Ball Bearing
• Precision Ball Bearing
• Roller Bearing
• Tapered Roller Bearing
• Others

Application

• Front
• Rear

About Future Market Insights (FMI) 

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

Contact:

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The marine boiler burner market is likely to register a CAGR of 5.2% during the forecast period, and is anticipated to reach a market share of US$ 6.85 Bn in 2032 from US$ 3.73 Bn in 2020, owing to the increasing automation in boiler fuel burning technology, such as artificial intelligence (AI).

Marine boiler burner is a part of engine combustion system, installed at the front portion of marine boiler. Double block burner is more efficient as compared to single block burner owing to these burners are made for clean combustion. In marine the fuel is stored in double-bottom tanks from which it is drawn by a transfer pump up to settling tanks. Major components of marine boiler burner are motor, fan, pump, wires, among other.

Increasing automation in boiler fuel burning technology such as artificial intelligence (AI), machine learning, big data, and Internet of Things (IoT) technology is making more eco-friendly marine boiler burner which is augmented to fillip the overall value & volume of marine boiler burner sales in the next coming couple of years.

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This Marine Boiler Burner market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Marine Boiler Burner market.

Marine Boiler Burner Market: Dynamics

Increasing vessels fleet coupled with technological advancement in the gas recirculation system is expected to drive the marine boiler burner market over the forecast period. Moreover, most of the marine boiler burner manufacturer are also focusing to improving fuel-to-air ratio, fuel distribution, and thermal load ratios in order to efficiently fuel burning which in turn is expected to accelerate the sale of marine boiler burner market over the slated time period.

Compared to other equipment used for heating and burning applications in marine Boiler Burner are relatively easy to install. Their maintenance remains low-budgeted, even for large-scale manufacturers with flexible expenditure threshold. Moreover, new products being introduced in the global marine boiler burner market are becoming more compact, which is also foreseen provide positive impetus to the global marine boiler burner market over the stipulated time period.

Irrespective of its advantages, single block marine boiler burner is relatively low efficient as compared to double block burner, in turn, hamper the global growth of marine boiler burner market in the assessment period.

Marine boiler burner with low noise levels are being widely preferred. Likewise, key market participants have extended their product lines with inclusion of burners with low noise emission capabilities. Easy installation, low noise level and less mechanical framework are being viewed as key features of almost every marine boiler burner being sold in the global market. Furthermore, manufacturing of such marine boiler burner is becoming cost-effective, which makes them more economical with respect to price-to-power ratio.

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Marine Boiler Burner Market: Regional Outlook

Western Europe is expected to grow with sizable share in the global marine boiler burner market owing to rising marine trade activities. Latin America are also projected to grow with significant growth rate owing to significant amount of goods transported through online which in turn rising the need of carriers of vessels is indirectly fillip the sales of marine boiler burner market over the slated time period.  Middle East &Africa region is projected to grow with addressable growth rate in the global marine boiler burner market due to increase in the figures for oil tankers and offshore vessels, which can be a prominent marine boiler burner market growth engine in te region over the stipulated time period.

Marine Boiler Burner Market: Key Participants

Global marine boiler burner market is characterized as consolidated owing to relatively less number of manufacturer of marine boiler burner. However, some of the market participants in the Marine Boiler Burner market identified across the value chain:

• Weishaupt Group
• SAACKE Group
• Volcano Co., Ltd.
• Oilon Group Oy
• Burner Automation Rotterdam
• Filter AS
• CO.,LTD.
• Zeeco, Inc.

The research report on the Marine Boiler Burner  market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Marine Boiler Burner market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, technology, material, install position, sales channel, and distribution channel.

The report covers exhaustive analysis on:

• Marine Boiler Burner Market Segments
• Marine Boiler Burner Market Dynamics
• Marine Boiler Burner Market Size
• New Sales of Marine Boiler Burner
• Current Trends/Issues/Challenges in the Marine Boiler Burner Market
• Competition & Companies Involved in Marine Boiler Burner
• New Technology for Marine Boiler Burner
• Value Chain of the Marine Boiler Burner Market

Regional analysis includes:

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

The global Marine Boiler Burner market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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
Plot No: JLT-PH2-X2A
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The demolition equipment market is expected to grow at a 6% CAGR during the forecast period, rising from US$ 902.91 Mn in 2021 to US$ 1713.99 Mn by 2032. During the forecast period, the demolition equipment market is expected to show promising growth prospects.

Older buildings are demolished with demolition equipment that cuts steel rods, beams, and concrete slabs. Backhoe Loaders, Material Handlers, Hydraulic Excavators, Multi Terrain Loaders, Track Loaders, Skid Steer Loaders, and Track-Type Tractors, among others, can attach or operate these demolition tools remotely.

Additionally, long-heighted demolition equipment is attached to vehicles for the effective cutting of concrete walls, pillars, etc. in high rise buildings. Additionally, metal wastes are separated from the stockpile of waste using demolition equipment in order to recycle scrap.

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In developing several countries, the regional governments are taking steps forward to make smart cities and town centers, to accomplish the aim, the government is doing renovation in some cities to construct new building and also collapsing very old building by the use of demolition equipment.

Demolition Equipment Market: Dynamics

Growth in construction industries coupled with substantial initiatives towards break down of very old and useless multistory building is expected to drive the demand for demolition equipment over the coming span of the years. Furthermore, increasing number of smart city and smart building projects are also anticipate to fillip the demand for demolition equipment in the coming years.  In some of the regions, some are into illegal construction of properties at government places. Therefore, the government is destroying those building by the use of demolition equipment which in turn is expected to spike the demand of demolition equipment over the coming decades.

Irrespective of demolition equipment’s advantages, it is associated to high cost. Therefore, to purchase demolition equipment the basic requirement is of funds which in turn may create headwinds in the sales growth in the demolition equipment market over the forecast period.

Now a days, advent of remotely operated demolition equipment are gaining fresh traction in the global demolition equipment market which are more powerful and can cut the concrete slab with high accuracy.

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Demolition Equipment Market: Regional Outlook

Asia pacific region is expected to hold considerable value share in the global demolition equipment market owing to increasing smart building projects coupled with rising urbanization. Europe is expected to be the second largest market for demolition equipment due to rising awareness light weight and high shock absorbing building structure which in turn shape the demand for demolition equipment in the coming years.

North America is projected to grow with addressable growth rate in the demolition equipment market due to increasing safety concerns towards multistory buildings therefore the government is making new building for various application such as residential, educational, among others. Middle East and Africa is also expected to gain relatively moderate traction in the demolition equipment market.

Demolition Equipment Market: Key Participant

Some of the market participants in the Demolition Equipment market identified across the value chain:

• Hitachi Construction Machinery Co., Ltd.
• Komatsu Europe International N.V.
• Kobelco Construction Machinery Europe B.V.
• Hughes &Salvidge Limited
• AB Volvo
• Atlas Copco (India) Ltd.
• Caterpillar
• McClung-Logan Equipment Company, Inc.
• Brokk UK Ltd
• BAUER Equipment India Pvt. Ltd (BEI)
• Soosan USA, Inc.
• Company Wrench
• Hyundai Construction Equipment India Pvt. Ltd.

The research report on the Demolition equipment market presents a comprehensive assessment, and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. The Demolition equipment market report also contains projections using a suitable set of assumptions and methodologies. The report provides analysis and information according to market segments such as geography, vehicle type, technology, material, install position, sales channel, and distribution channel.

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The report covers exhaustive analysis on:

• Demolition equipment Market Segments
• Demolition equipment Market Dynamics
• Demolition equipment Market Size
• New Sales of Demolition equipment
• Current Trends/Issues/Challenges in the Demolition equipment Market
• Competition & Companies Involved in Demolition equipment
• New Technology for Demolition equipment
• Value Chain of the Demolition equipment Market

Regional analysis includes:

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

The global Demolition equipment market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts 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 segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Demolition Equipment Market: Segmentation

By Product Type, Demolition Equipment Market can be segmented as:

• Buckets
• Grapples
• Hammers
• Multi Processors
• Pulverizers
• Shears

By Equipment Weight, Demolition Equipment market can be segmented as:

• 20-50 Tons
• 50-100 Tons
• More than 100 Tons

By End Use, Demolition Equipment Market can be segmented as:

• Construction
• Mining
• Road Engineering
• Government & institutional

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the Demolition equipment market
• In-depth Demolition equipment market segmentation
• Historical, current, and projected Demolition equipment market size in terms of volume and value
• Recent industry trends and developments in the global Demolition equipment market
• Competitive landscape
• Strategies of key players and products offered in the global Demolition equipment market
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Demolition equipment market performance
• Must-have information for market players in Demolition equipment market to sustain and enhance their market footprint

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The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising popularity of electric vehicles.

The report opines that volatility in raw material pricing and high capital requirements will hold back market developments.

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The automotive glass industry has witnessed steady growth in recent years backed by the massive global automobile production sector, implementation of strict automotive safety standards, and improvements in material and auto tech. Further, businesses have invested in smart glass and wider windshield and sunroof designs for their offerings, catering to premium automobile consumer requirements.

While revenue from the automotive glass market rises steadily, the fragmented nature of the market limits the potential for revenues. Also, issues in terms of energy efficiency and raw material fluctuations are problems faced by key players.

Key Takeaways

• The automotive glass market will reach US$ 16 billion, with demand receding in 2020
• Door glass offerings remain in high demand, with the higher volume of glass required for these products and innovations in material strength and temperature control.
• Applications of automotive glass in conventional passenger cars reflect higher growth than LCV, HCV and electric vehicle applications owing to higher demand and production, driven by higher disposable incomes globally.
• East Asia is a key market for production and sales, supported by the prevalence of numerous regional and international automobile manufacturing plants in the region, supported by lower labour and material costs.

“The growth in production rate of electric and hybrid vehicles in addition to the integration of varied new technologies for visibility and safety are expected to positively influence the global demand for automotive glass throughout the forecast period till 2030,” said a lead analyst at Future Market Insights

Covid-19 Impact on Automotive Glass Market

The coronavirus pandemic is expected to have a negative effect on the short-term prospects of the automotive glass industry. Lockdown restrictions have limited the production of automobiles and associated materials across North America, Asia, and Europe, which are key markets for auto glass.

Also, the demand for new automobiles has fallen sharply, and the uncertainty over the severity and duration of the pandemic and the impact on the global economy are key factors that could hamper market prospects, and delaying the recovery of the industry in the long term. However, the automotive industry will gain traction following the end of the pandemic, with the anticipated growth in demand for electric and autonomous vehicles on a global scale.

Some of the leading players in the market include Dura Automotive Systems, Saint-Gobain S.A., Asahi Glass Co. Ltd., Fuyao Glass Industry Group Co. Ltd., Nippon Sheet Glass Co. Ltd., Xinyi Glass Holdings Ltd., Central Glass Co. Ltd., Glas Trosch Holding AG, Gentex Corporation, and Magna International Inc. among others.

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Key Segment

Application

• Windshield
• Back Glass
• Door Glass
• Quarter Glass
• Vent Glass
• Moon/Sun Roof

Glass Type

• Laminated Glass
• Tempered Glass

Sales Channel

• Original Equipment Manufacturer
• Aftermarket

Vehicle Type

• Passenger Vehicles
  • Compact
  • Mid-size
  • Luxury
  • SUV
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Electric Vehicles
  • BEV(Battery Electric Vehicles)
  • HEV(Hybrid Electric Vehicles)
  • PHEV(Plug-In Hybrid Electric Vehicles)

Key Questions Answered by the Report

• Which is the largest market for automotive glass?

East Asia is the largest market for automotive glass. Growth in the electric vehicles segment is a key driver

• What are the applications of automotive glass?

Automotive glass is largely used for visibility for drivers and passengers in vehicles, in compliance with automotive safety standards imposed around the world. Also, automotive glass is also finding new use with the development of HUD technologies.

• In what types are automotive glass available?

Automotive glass is available in two types. These include laminated glass and tempered glass. Of these, tempered automotive glass witnesses higher demand, accounting for over 65% of the overall market share through 2030.

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Key Challenges

Despite the challenges of the coronavirus crisis, the prospects of the automotive glass market are largely positive in the long term. However, sustained growth will entail effective maneuvering through various challenges.

For instance, volatility in the pricing of raw materials required for the production of automotive glass, and the resulting gap between supplies and demand is a key challenge often facing manufacturers.

According to the Association for the Advancement of Automotive Medicine, inadequate standardization of glass quality is a problem in terms of safety from lacerations and ejection in accidents.

Also, automotive glass market players require high capital for research and development and the necessary infrastructure. Also, products needing certification have to go through stringent testing and regulations that restrain growth prospects in the industry.

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The global dairy machines market is estimated to growth at a CAGR of around 6% to 7% during the forecast period 2022-2032. The processing machine is expected to emerge as a highly remunerative segment, accounting for sales of more than US$ 10 Bn by 2022. The segment is anticipated to surpass a valuation of US$ 15 Bn by the end of 2032, projecting growth at a CAGR of 5% to 6% between 2022 and 2032.

Dairy Machines used in the storage and transportation of dairy products include refrigeration machines, such as freezers, coolers, chillers, etc. These refrigeration Dairy Machines can be fixed or mobile or even truck mountable. Dairy Machines used in the production and processing of milk and milk products include equipment, such as milking machines (milk extraction machines), separators, pasteurizers, dryers and evaporators, separators, filtration machines, homogenizers, etc.

Dairy Machines, such as automatic mild vending kiosks and machines, are also available and find applications in various consumer shopping destinations. Dairy Machines used for packaging include milk pouches, cans and other packing machines.

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Considering these aspects of the Dairy Machines, the study of the trends and forecasts of the Dairy Machines market becomes an important read.

The Dairy Machines market is witnessing high demand as operators in the dairy industry are slowly but surely moving towards increasing automation. Key benefits, such as improved yields, faster processing times, enhanced product quality, better control over production and cost savings, are driving more and more players in the dairy industry market towards the use of Dairy Machines. This will open new opportunities for the vendors in the Dairy Machines market. With increasing population and improved spending power in developed as well as developing world, the demand for dairy products is increasing at a robust pace, thereby directly helping the Dairy Machines market growth.

Since milk and most milk products are perishable in nature, Dairy Machines are being increasingly used to store products for longer time, whilst maintaining the product quality. Also, with growing global trade, dairy products are being exported and imported over distances that are unprecedented in nature. In addition to improved transportation methods, long distance trade has become possible because of Dairy Machines, such as refrigeration equipment. Milk and milk products are extremely sensitive to contamination, such as bacterial growth, and hence, Dairy Machines are used for handling of products that must be of highest quality. Due to the highly fragmented nature of the dairy industry in general, the diary machines market is also highly fragmented with domination of local and regional players in respective regional markets. Only a few players with global presence and global market share exist in the Dairy Machines market.

Regional Outlook

The Dairy Machines market is projected to grow steadily during the next decade, given the increasing demand for diary process automation, particularly in the organized dairy sector. Asia Pacific is projected to be a highly significant region for the Dairy Machines market, with around 60% of the world’s population in the region and consequently massive demand for dairy products. There has been urbanization in the region at an unprecedented scale in the past couple of decades, which has altered the lifestyle of the population. The Dairy Machines market in the region is projected to benefit from the rapid increase in demand for processed dairy products, such as cheese and butter, apart from packed milk.

Europe and North America are also key markets for Dairy Machines, given the high proportion of organized dairy sector in these regions. Moreover, the stringent safety and product quality regulations for dairy products in Europe and North America are also expected to help push the demand growth of the Dairy Machines in these regions. India, China, UK, USA, Germany, New Zealand, etc. are some of the key countries in the global Dairy Machines market.

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The report covers exhaustive analysis on:

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

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Chile, Peru)
• Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, Nordic, Eastern Europe)
• CIS and Russia
• Asia-Pacific (China, India, ASEAN, South Korea)
• Japan
• Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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

Market Participants

Some of the market participants identified across the value chain of the Dairy Machines market are:

• SPX Corporation
• Tetra Laval International S.A.
• Alfa Laval
• A&B Process Systems
• Scherjon Equipment Holland B.V.
• Van den Heuvel Dairy & Food Equipment
• Lekkerkerker Dairy & Food Equipment
• Arumand Steel Industries
• Waikato Milking Systems
• Food Machinery Limited

The research report on Dairy Machines 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 Dairy Machines research report provides analysis and information according to market segments such as geographies, application and industry.

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By Segment:

On the basis of type, the Dairy Machines market can be segmented as:

• Production Machines
• Processing Machines
• Packaging Machines
• Storage & Transport Machines
• Point of Sale Machines

On the basis of sector type, the Dairy Machines market can be segmented as:

• Organized Dairy Sector
• Unorganized Dairy Sector

On the basis of end users, the Dairy Machines market can be segmented as:

• Small & Medium Dairy Farmers & Processors
• Large Dairy Farmers & Processors
• Retail

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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