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According to ESOMAR-certified Future Market Insights (FMI), automotive lighting sales have been increasing significantly in response to the growing demand for better safety systems across the globe. As per the study, the global automotive lighting market is anticipated to grow at around 6.3% CAGR through the forecast period from 2021 to 2031.

The automotive lighting market is expected to reach a valuation of US$34.7 Billion in 2021. According to Future Market Insights (FMI), the overall automotive lighting market is expected to grow at a CAGR of 6.3% for 2021- 2031.

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The global sales of automotive lighting are anticipated to surpass 1.813 million units in 2021. FMI presents a positive growth outlook for the market. In terms of volume, the automotive lighting market is predicted to expand at 5.2% CAGR over the course of the assessment period.

Rising demand for automation in vehicles for improved safety and high performance is encouraging original equipment manufacturers (OEMs) to design lightweight automotive lighting with superior efficiency

This also has resulted in the incorporation of light-emitting diode (LED) lighting to offer greater durability and low power consumption in automotive lighting. Thanks to shifting consumer preference and surging competition, these developments are no longer limited to the luxury vehicle segment.

An increasing number of automakers are incorporating latest technologies such as superior performing and lightweight automotive lighting in their vehicle models. This will guarantee impressive growth in the market through the assessment period.

For instance, Volkswagen partnered with Hella, a leading German-based auto part manufacturer, to develop IQ.LIGHT LED headlamps. This novel component was included in Volkswagen’s new luxury class Touareg SUV.

According to the report, the global sales of automotive lighting are anticipated to increase in 2021 with volume sold reaching over 1.813 million units. FMI presents a positive growth outlook for the market. In terms of volume, the automotive lighting market is predicted to expand at 5.2% CAGR with sales reaching around 3.114 million units over the course of the assessment period.

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Key Takeaways from FMI’s Automotive Lighting Market Study

• The U.S is expected to offer lucrative growth opportunities on the back of growing demand for lightweight passenger vehicles.
• Rapid economic growth, increasing traffic congestion, and high demand of two wheelers in Brazil will drive the automotive lighting market growth.
• Advancement in the electric vehicle section along with government initiatives towards reducing carbon emission will boost the automotive lighting market in China.
• Rapid development and modernization of automotive industry and booming passenger vehicles segment in India will create growth opportunities.
• Utilization of front headlights as a part of safety system as well in aesthetic design of the premium vehicles will drive the market growth in upcoming years.
• Shales in passenger vehicles segment will surge at a high pace over the forecast period.
• Introduction of LED matrix headlamps and LED daytime running lights in two wheelers and electric vehicles for safety purposes will further push automotive lighting market growth.

“In order to gain competitive edge, leading automakers are partnering with automotive part manufacturers to foster innovations. Besides some of the leading car manufacturers, small and mid-sized companies are also expected to join the bandwagon,” says the FMI analyst.

Competitive Landscape

Automotive lighting market is highly competitive market owing to presence of numerous players. Market players are focusing on employing organic market strategies to consolidate their market position.

They are also looking towards developing innovative products and improve value chain. Manufacturers are also participating in strategic collaboration with distributors to cater to the increasing demand.

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Prominent players operating in the automotive lighting market are:-

• Koito Manufacturing Co. Ltd.
• Hella KGaA Hueck & Co.
• Stanley Electric Co.
• Valeo SA
• Osram Licht AG
• Magnetti Marelli
• Varroc Group

Automotive Lighting Market by Category

By Application:

• Front Headlights
• Fog Lights
• Rear Lights
• Side Lights
• Interior Lights

By Vehicle Type:

• Passenger Cars
  • Compact
  • Mid
  • Luxury
  • SUVs
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Electric Vehicles
  • Battery Electric
  • Plug-in Hybrid Electric
  • Hybrid Electric
• Two Wheelers
  • Motorcycles
  • Scooters

By Light Source:

• Halogen
• LED
• Xenon

By Sales Channel:

• OEM
• Aftersales

By Region:

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

Key Points Covered in Automotive Lighting Market Study

• Market estimates and forecast 2015-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Automotive Lighting Market and How to Navigate
• Recommendation on Key Winning Strategies

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Liquid cold plates are made up of a based plate material such as copper & aluminum and a passage or a tube from where the cooling liquid or coolant circulates. Liquid cold plates are primarily use to provide a cooling operating environment to an equipment and assembly. Numerous high-end applications that are subjected to be operated in very high operating temperature conditions such as power electronics, automotive component, medical equipment to name a few require an efficient amount of cooling supply for efficient working.

In the above-said applications when conventional cooling method i.e. air cooling is not efficient enough to remove or handle the heat load that is a requisite to keep equipment under their harmless elevated operating temperature, liquid cold plates are implemented to draw down higher level of performance & reliability.

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There are numerous factors implicit behind the implementation & the development of liquid cold plates market across the globe in past few years. Employment of the said component in power electronics and semiconductor industry is one of prime factor fuelling the growth of liquid cold plates market. Also, innovation & development in the market space of automobile component & medical equipment is expected to create substantial demand space for liquid cooling, thus creating numerous opportunities for liquid cold plate’s manufacturers.

There are numerous properties possessed by the liquid cold plate system such as high heat transfer coefficient, high capability towards heat load & heat flux capacity and adaptable to any temperature range. These said properties help liquid cold plates in attaining the competitive advantage over the conventional cooling system, thus increasing the sales of liquid cold plates. However, high costs indulge in the fabrication of liquid cold plates is one of the stumbling blocks which may drop down its marginal sale in near future.

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Region Wise Trends

Asia pacific is one of the largest and dominating region in the liquid cold plates market. Development of high powered electronics industry in countries like China, India, South Korea, Taiwan & ASEAN is expected to create numerous growth opportunities for liquid cold plate’s manufacturers. Also, government benefits & funding attract overseas liquid cold plate manufacturer to set up their plant in the APAC region.

Devolving region such as North America & Western Europe captures significant revenue share in the liquid cold plate’s market space, rising healthcare infrastructure, especially for the development of medical devices in the region is creating healthy growth for liquid cold plates. Swelling industrial & energy sector in the regions such as MEA, EE, LA is expected to create demand space for novel liquid cooling solutions, thus creating growth potential for liquid cold plates 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)
• China
• India
• SEAP ( India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The Liquid Cold Plates 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 Liquid Cold Plates market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Liquid Cold Plates market segments and geographies.

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Key Players:

Examples of some of the market participants in the Global Liquid Cold Plates Market identified across the value chain include:

• Boyd Corporation
• Lytron Total Thermal Solution
• Richardson RFPD
• ThermAvant Technologies
• Advanced Cooling technologies
• Wakefield-vette
• Kawaso Texcel
• Advanced Thermal Solutions, INC.

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

About 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 Odor Detection Equipment are devices that identify odor emanating from human and non-human sources. Odor Detection Equipment detects and identifies odours in the same way that a human or animal nose does, by analysing molecules and their typical physical or chemical patterns. In commercial and industrial settings, odour detection equipment detects foul odours or critical incidents such as gas leaks, allowing sources to be identified and preventive measures to be implemented as soon as possible.

Odor is made up of volatile organic compounds (VOCs) with relative molecular masses ranging from 30 g/mole to 300 g/mole. Odor is one of the most common causes of complaints about air pollution, and it can come from a variety of sources, including rotting food or other vegetation in residential areas., odor from manufacturing facilities, sewerage treatment plants, industrial facilities such as refineries etc.

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Odor is one of the most frequent cause of complaints related to air pollution and it may emanate from a variety of different sources such as rotting food or other vegetation in residential areas, odor from manufacturing facilities, sewerage treatment plants, industrial facilities such as refineries etc. The precise detection of odor is extremely important for human health, safety and survival.

Considering these aspects of the Odor Detection Equipment, the study of the trends and forecasts of the Odor Detection Equipment market becomes an important read.

Odor Detection Equipment find widespread use for various applications including for the detection of odor in public facilities such as lavatories, odor from production process, air & odor quality during food products manufacturing, detecting specific odors in healthcare facilities such as nursing homes and hospitals, measuring intensity of foul odor emanating from sewage treatment or garbage disposal sites, and detection of total volatile organic content of the air in industrial set ups such as petrochemical refineries.

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Odor Detection Equipment help uniquely identify, analyze and quantify the type, intensity and quality of odor from different sources so as to decide remedial measures. In industrial applications, odor detection equipment can play lifesaving roles by identifying harmful chemical mixtures in air when they reach unwanted levels. The odor detection equipment market is continuing to witness lot of interest from new high technology start-up companies, which are seeking ways to simplify the design & technology of odor detection equipment and improve the versatility of their applications.

Report Highlights:

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

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 market Sales for glass tempering systems is projected to reach US$113.6 million in 2022, which was worth approximately US$109.5 million in 2021. Additionally, due to increased adoption in sectors like automotive, architecture, and electronics, the market for glass tempering systems is anticipated to grow at a rate of 3.9% CAGR between 2022 and 2032, reaching a total market value of US$ 166.5 Mn by that year.

Over 90% of the market for glass tempering systems worldwide is currently accounted for by the C.H.Q.E. tempering technology segment.

The automotive and electronics industries are dominant in the global market for glass tempering systems. During the forecast period, the market will benefit from increased consumer awareness of the advantages of tempered glass in the automotive and electronics sectors, better transportation options, rising demand for durable building materials, and a growing architectural trend of using glass in buildings and structures.

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According to this report, North America and APEJ are the key regions for glass tempering system market participants. In North America, the United States is investing in tempering activities, which is creating immense opportunities for glass tempering system manufacturers. Product development and establishment of long-term relationships with tempered glass OEMs is also key to success in this market. The global market for glass tempering systems is expected to be valued at US$ 94.5 Mn by the 2017 end and is estimated to reach US$ 135.6 Mn by 2027 end.

Global Glass Tempering System Market: Drivers

• The shift toward renewable solar energy will accelerate the growth of the market
• Improving construction sector, especially in Latin America is fuelling the growth of the global market
• Construction of energy-efficient buildings and renovation of existing infrastructure is another key market driver

Global Glass Tempering System Market: Forecast by Tempering Technology

On the basis of tempering technology, the global glass tempering system market is segmented into controlled heating and quenching equipment and chemical treatment. Controlled heating and quenching equipment is further segmented into standard configuration and advanced configuration. In terms of value, the controlled heating and quenching equipment segment is anticipated to be valued at US$ 89.0 Mn by 2017 end, which is estimated to grow at a CAGR of 3.7% and reach a value of US$ 127.8 Mn by the end of 2027.

Global Glass Tempering System Market: Forecast by Application

The application segment consists of flat, bent and combined flat and bent segments. The flat segment is further segmented into continuous and oscillating segments. The oscillating type segment is expected to emerge as the most attractive segment by application over the forecast period. The combined flat and bent segment is anticipated to create an incremental $ opportunity worth US$ 4.2 Mn over the forecast period.

Global Glass Tempering System Market: Forecast by End Use

By end use the market is categorized into automotive windows, architectural, electronics, solar applications and others. The architectural segment is sub-segmented into windows and doors, mirror and partitions and furniture, while the electronics segment is sub-segmented into smartphones and appliances. The solar applications segment is estimated to reach US$ 1.6 Mn in 2027 from US$ 1.3 Mn in 2017. The segment is estimated to grow at a CAGR of 2.4% during the forecast period.

Global Glass Tempering System Market: Forecast by Region

Seven regions have been covered in this report and they are North America, Latin America, APEJ, Eastern Europe, Western Europe, Japan and MEA. China is expected to remain a strong market for glass tempering systems. Most of the APEJ, Eastern Europe, and Latin America buyers import glass tempering lines from China with standard configuration, due to investment constraints. North America is also projected to hold a significant share of the global glass tempering system market over the forecast period.

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Global Glass Tempering System Market: Key Vendors

Glaston OYJ Abp, Luoyang Landglass Technology Co. Ltd., LiSEC Austria GmbH, Luoyang North Glass Technology Co., Ltd., Glasstech Industries (India) Private Limited, Keraglass Industries Srl, CoolTemper Ltd., HHH Tempering Resources Inc., Ratnesh International, North East Machines, Meta Therm Furnace Pvt. Ltd., Mappi International, EFCO, Saint-Gobain S.A., IGE Glass Technologies, Inc., Lambert GT Services Ltd. are some of the glass tempering system market companies profiled in the report.

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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According to a Future Market Insights (FMI) analysis, the fire extinguisher market is anticipated to reach a value of over US$ 3.6 billion in 2021 and grow at a CAGR of 5.7% from 2021 to 2031. Demand is anticipated to increase over the forecast period as a result of increased applications of fire extinguishers in the industrial and commercial sectors as well as the implementation of strict regulations and building codes.

Future Market Insights has projected the U.S. to remain one of the most lucrative markets through the forecast period. According to the research, the market value was estimated at over US$ 1 Bn in 2021.

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The key factor supporting market expansion in the country is the rise in construction activities, and the enforcement of stringent fire regulations, by bodies such as the National Fire Protection Association (NFPA) which publishes codes and standards intended to minimize the possibility and effects of fire and other risks.

Furthermore, lucrative growth in the defence, marine, and tourism industries also paves the way for market growth in the country to the tune of 5.6% per annum.

Increasing regulations for building design codes in the residential sector will also generate gains in the coming decade. Moreover, manufacturers are investing in R&D activities to offer innovative and technologically advanced product offerings. These factors are expected to positively influence the growth in demand for fire extinguishers during the forecast period.

Key Takeaways of the Fire Extinguisher Market Study

• Carbon dioxide extinguishers will account for the leading market share of over 30%, on the back of easy access to raw materials and efficacy in fire control.
• Dry chemical fire extinguishers are increasingly adopted, due to their superior efficiency in draught-free conditions.
• Germany will emerge as a key market for fire extinguishers on the back of the implementation of stringent codes for ensuring better safety in buildings.
• The U.S. dominates the North American market, accounting for over 80% of sales in the region.
• China will lead the East Asia market, exhibiting a growth rate of over 6.5% CAGR through the assessment period.

 “With the ever-evolving requirements of the global construction industry, demand for fire safety equipment has grown rapidly. Fire extinguishers in particular, have been at the center of these developments in terms of economically feasible solutions. Innovative product offerings have been important for manufacturers to gain competitive benefits,” says an analyst of Future Market Insights.

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Competitive Landscape

The fire extinguisher market is highly fragmented. The penetration of local and regional players makes this market highly competitive. Companies operating in the market are trying various strategies to gain a competitive edge while maintaining their longstanding relationships with several equipment distributors and end-users.

Some of the key players in the market include but are not limited to Kidde, AMEREX CORPORATION, Hochiki Corporation, NAFFCO FZCO, DESAUTEL SAS, HATSUTA SEISAKUSHO Co. Ltd, Yamato Protec Corporation among others.

Find More Valuable Insights

The research report analyzes the market demand trends of the fire extinguisher market. The global market estimation and growth projection are based on factors like end-use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of fire extinguishers. As per Future Market Insights’ research scope, the fire extinguisher market has been studied and segmented based on pipe size, application, construction material and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market on both, the supply side and demand side.

Fire Extinguisher Market by Category

By Product Type

• Water
  • Air-Pressurized Water
  • Water-Mist
• Foam
  • Aqueous film-foaming foam
  • Compressed air foam system
  • Others
• Wet Chemical
  • Potassium Acetate
  • Potassium Carbonate
  • Potassium Citrate
• Dry Powder
• Carbon Dioxide
• Dry Chemical
• Others

By Fire Type

• Class A
• Class B
• Class C
• Class D
• Class K

By End Use

• Residential
• Commercial
• Industrial
• Public Areas
• Others

Region

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

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Explore Our Trending Reports of FMI’s Industrial Automation Market Insights Landscape

Europe Powered Lawn Mowers Market – Europe is anticipated to capture a powered lawn mowers market share of 28% in 2022, where Russia, followed by France, the UK are considered as some of the most lucrative markets in the region.

North America Automated Material Handling Systems Market – North America and Europe are expected to rise significantly during the projection period, owing to an increase in e-commerce sales, as well as an increase in demand for durable and non-durable items, which would force automated material handling systems manufacturers to invest in large assembly lines and material handling equipment.

Charge Controller System Market in the UK and Europe – As per the analysis, Europe is expected to dominate the market share during the forecast period by securing 18% of the global market share. The growth of the regional industry can be attributed to the contribution of countries like the U.K., Italy, and Germany, among others.

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In 2022, the market for substation automation is anticipated to be worth US$29.12 billion. The overall demand for substation automation is anticipated to grow at a CAGR of 6.7% between 2022 and 2032, reaching a total of approximately US$ 55.69 Billion by that year. This is due to the rising demand for electric and hybrid vehicles as well as the growing use of digital technology to improve grid efficiency in smart cities.

The process of using data from intelligent electronic devices is called substation automation. It refers to automating and controlling substation capabilities as well as commanding power system components from a distance. Equipment such as specialised software, unique sensors, and equipment that facilitates two-way communication are required to automate the electricity substations.

Additionally, there is the use of intelligent electronic components like digital transducers, programmable logical controls, and safety relays. Such machinery aids in the control and monitoring of substation machinery. Additionally, the frequency and duration of power outages are decreased with the aid of such equipment.

Reduced human intervention and increased system operating efficiency are the main market drivers in this sector. The market is expanding as a result of growing SCADA and communication technology developments as well as rising demand for renewable energy projects.

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North America Continue Dominance in the Global Substation Automation MarketIncreasing Investment in Energy Infrastructure in the Region

Additionally, there is the use of intelligent electronic components like digital transducers, programmable logical controls, and safety relays. Such machinery aids in the control and monitoring of substation machinery. Additionally, the frequency and duration of power outages are decreased with the aid of such equipment.

Reduced human intervention and increased system operating efficiency are the main market drivers in this sector. The market is expanding as a result of growing SCADA and communication technology developments as well as rising demand for renewable energy projects.

The size of the North American substation automation market is primarily being driven by the rising dependence on electricity, the need for advanced technology in the power system, the need to reduce maintenance and operating costs, and the implementation of government incentives.

Where is the Asia Pacific Substation Automation Market in terms of growth?Government Initiatives to Improve Power & Energy Sector in the Region

The Asia Pacific substation automation market is anticipated to reach a market share of 32.5% in 2022 and is anticipated to maintain the trend throughout the forecast period. The improvement of the power and energy sector has been the focus of numerous government initiatives in APAC nations, which has fueled the market for substation automation.

To revive power distribution utilities and electrify villages, the Indian government has introduced a number of programmes. The Indian government is implementing the concept of smart infrastructure across the nation.

The grid has been digitalized as part of the smart power infrastructure, which helps deliver uninterrupted electricity to end users in the industrial, residential, and commercial sectors. Furthermore, the Chinese government spent USD 31 billion in 2020 to upgrade its grid infrastructure by putting in automated substations. In a similar vein, nations like South Korea and Indonesia are funding grid modernization initiatives.

For instance, the Indonesian state utility PT PLN (Persero) awarded a contract to CG Power Systems Indonesia, a subsidiary of CG Power and Industrial Solutions (CG), in November 2019 for the production and supply of 25 units of power transformers valued at USD 24 million.

The order will help PLN achieve its ambitious goal of improving the performance of its transmission grid. All of these elements are pointing the APAC substation automation market in the direction of positive growth.

A healthy growth is also anticipated for Asia Pacific during the forecast period as a result of rising demand for rural electrification and the adoption of equipment that enhances substation safety and efficiency. Also, the presence of companies bringing in advancements in electrical equipment will further add up to regional growth.

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Growth of the Substation Automation Market unfolds in EuropeIncreasing Demand for Smart Grids in the Region

In Europe, the market for substation automation is anticipated to reach a market share of 30% in 2022. More than 50% of the electricity would be produced from RES, with the majority of them being connected to the MV and LV grids, in accordance with the European Union’s target of 32% of total energy consumption from renewable sources by 2030.

Additionally, in order to meet variable demand, EU policies have promoted the growth of decentralised electricity generation, electric vehicles, and energy storage.

Due to the rising demand for smart grids and the increased adoption of renewable energy, Europe is also becoming one of the major revenue-generating regions for the substation automation markets. During the forecast period, these factors are expected to propel the European Substation Automation Market forward.

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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The global gasoline generator market is expected to be worth US$768.8 million in 2022, with a healthy growth rate of 3.7 percent from 2022 to 2029. The expanding construction industry is a major driver of this expansion. The global market for gasoline generators is highly competitive, and small players in the market must compete to gain market share.

To maintain a competitive advantage, businesses must prioritise product innovation, as new product innovations can provide significant market growth opportunities. Portable gasoline generators with reduced noise and weight can be advantageous; product development at an affordable price range can result in high penetration into the residential sector.

North America to Capture Significant Market Share

There has been substantial growth in the U.S. construction industry over the recent past. As per the U.S. Census Bureau, there has been significant growth in non-residential construction spending. It is also estimated that this particular segment will grow rapidly over the forecast period.

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With the growing construction industry, the rise in the preference for portable generators (for standby backup power) is expected to surge the demand for gasoline generators over the forecast period. Since 2010, there has been a continuous rise in U.S. non-residential construction spending with an annual growth rate of ~5-6%, which is likely to boost the demand for gasoline generators in upcoming years.

Commercial Sector to Remain, Key Consumer of Gasoline Generators,

A robust market trajectory is foreseen for the gasoline generator market. Commercial and residential sectors spearheading usage of portable generators are likely to remain prominent end users of gasoline generators.

• Gasoline generators that produce power output in the range of 3,000 watts to 5,000 watts are projected to register prominent growth in upcoming years. Gasoline generators that come under this category are utilized in several end-use sectors in case of power failures.
• Portable gasoline generators are most widely utilized generator sets across the globe, which provide electricity by running a gasoline-powered engine. Portable generators are not permanently installed and can be moved from one place to another easily. Portable gasoline generators are available in various sizes depending on the power output.
• Gasoline generators are primarily utilized for standby backup power applications across several end-use sectors, such as residential, commercial, industrial, and agricultural, among others. The standby backup power application accounts for a major share in the gasoline generator market.

Gasoline Generator Market: Vendor Insights

The report titled gasoline generator market highlights some of the key market participants, who are well-known market players and have established themselves as prominent stakeholders in the global gasoline generator market.

Some of the examples of key players in the global gasoline generator market are Kohler Co., Honda Motor Co., Ltd., Generac Power Systems, Inc., SGS Engineering (UK) Ltd., Hyundai Power Equipment, Stephill Generators Ltd., Yamaha Motor Co., Ltd., and Champion Power Equipment, Inc., among others.

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In terms of market structure and tier analysis, the global market for gasoline generators is mostly fragmented, with top 3 players holding 25%-30% share in the global market. This is mainly due to the large number of Chinese and other players involved in the manufacturing of gasoline generators. Significant players in the market are focusing on mergers and acquisition activities, along with new product launches to expand their global reach.

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The India alcohol market is predicted to record at a CAGR of 7.4%, amassing US$ 68 Bn by the end of 2026. Andhra Pradesh and Telangana have strengthened the market significantly, for these two states have the highest number of alcohol consumers in the country.

The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth of alcohol was consumed in 2016. The study further projected that consumption of alcohol in India is less likely to decline in the years to come. By the end of 2026, more than 14 billion litres of alcohol will be sold across India.

According to the report, revenues amassed from sales of alcohol in India will soar vigorously at 7.4% CAGR, and reach INR 5.1 trillion value by the end of 2026. In terms of volume, India’s alcohol consumption in 2016 has been estimated to have surpassed 8 billion litres and will grow at 5.5% CAGR in the due course of forecast period. An in-depth analysis on India’s alcohol distribution indicated that just above three-fourth of alcohol consumed in the country is government controlled. In 2016, alcohol distributed in India through open market sales made revenues worth over INR 400 billion. Meanwhile, about 550 million litres of alcohol was auctioned in India by the end of 2016.

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India’s Alcohol Market: Report Highlights

• Nearly two-third of India’s alcohol revenues will be accounted by sales of Indian-made foreign liquor (IMFL)
• In 2016, more than 1,800 million litres of strong beer was consumed in India
• By the end of 2026, white wine sales in India will have brought in an estimated INR 16.8 billion in revenues
• Revenues amassed from sale of country liquor in India will have soared at 5.5% CAGR
• Whisky will be the most-preferred type of alcohol in India, while sales of white spirits will grow at more than 11% CAGR

Key findings of the report, titled “Alcohol Market: India Industry Analysis and Opportunity Assessment, 2016-2026,” projected that Southern and Western states of India will continue to contribute to more than 80% of alcohol revenues through 2026. Bangalore’s SAB Miller India Ltd. and United Spirits Ltd., and Mumbai-based Tilaknagar Industries Ltd. and Allied Blenders & Distillers Pvt. Ltd. are key players partaking in the growth of India’s alcohol market.

Meanwhile, the consumption of alcohol will witness a considerable dip in India’s northern and eastern zone. Even still, a majority of alcohol manufacturers & suppliers in India are originating from New Delhi. Companies such as Carlsberg India Pvt. Ltd., SOM Distilleries & Breweries Group, Radico Khaitan Limited, Globus Spirits, and Jagatjit Industries Ltd. are based in and around the country’s capital. Shimla’s Mohan Meakin Ltd. and Daman’s Khemani Group are also recognised as some of the leading alcohol manufacturer in India.

The key segments covered in this report are:

By Type

• IMFL
  • Brandy and Cognac
  • Rum
  • Whiskies
  • White Spirits
  • Others
• Beer
  • Mild
  • Strong
• Wine
  • Red Wine
  • White Wine
  • Rose Wine
• Country Liquor

By Make

• Imported Liquor
• Indian Made Foreign Liquor
• Foreign Liquor Bottled in India
• Indian Made Indian Liquor

By Gender

• Male
• Female

By Ingredients

• Grains
• Molasses
• Fruits and Vegetables

By Distribution Market

• Government Controlled
• Open Market
• Auction Market

By Region

• South Zone
• North Zone
• East Zone
• West Zone

Over 90% of Indian Alcoholics are Men

Among every ten alcohol consumers in India, nine of them will most probably be men; leaving a slight chance that the tenth one is a woman. With more than 90% stake in India’s alcohol revenues, the country’s men will be offering over INR 4.7 trillion for consuming alcohol by the end of 2026. Likewise, Indian women are also likely to increase their contribution to the Indian alcohol market. During the forecast period, revenues accounted by sales of alcohol to Indian women will have soared at the fastest pace, registering a stellar CAGR of 8.6%.

Consumption of alcohol containing molasses as key ingredients will remain higher in India. Grains will also serve to be a preferred raw ingredient used for producing alcohol in India.  Although, production of alcohol through agricultural produce such as fruits & vegetable will remain negligent till the end of 2026. The report also anticipates that consumers will be more inclined towards buying Indian-made liquor – regardless of it being a foreign or Indian brand. Consumption of foreign liquor bottled in India is also likely to grow, but showcasing a marginal degree of increment.

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Reasons to Buy the report

• The report includes authentic analysis of the market and the present developing trends in the market affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.
• We provide accurate insights on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
• Our analysts provide detailed market segmentation along with useful insights and extensive reports that other companies fail to include. The report comprises the market trends, key players and shift in the demand throughout the forecasted period.

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.

Contact Us:

Unit No: 1602-006

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Plot No: JLT-PH2-X2A

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Browse Other Reports: https://www.futuremarketinsights.com/reports

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