Market Research Blog – Page 9820 – New Product Development

Africa Zero Liquid Discharge System Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2031

As per a Future Market Insights (FMI), the Africa zero liquid discharge system market is projected to total US$ 27.7 Mn in 2021, growing at a positive 5.4% CAGR over the assessment period, from 2021 to 2031. Product innovations in zero liquid discharge systems, along with robust aftersales service network and product customization offered by key market players are anticipated to push sales of zero liquid discharge systems in Africa.

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After countering the initial impact of the unprecedented COVID-19 outbreak, the Africa zero liquid discharge system market is anticipated to witness year-over-year growth at 5.0% between 2020 and 2021. FMI projects Germany, France, Spain, and South Africa to emerge as key producers in the Africa zero liquid discharge system market during the forecast period.

2016-2020 Africa Zero Liquid Discharge System Market Outlook Compared to 2021-2031 Forecast

Demand for zero liquid discharge (ZLD) systems in Africa is projected to grow at 5.4% CAGR between 2021 and 2031, in comparison with 2.3% CAGR registered during 2016-2020. Rising demand for new process facilities, along with overhauling of existing effluent treatment systems will continue augmenting market growth in the forthcoming years.

With the persistent water crisis, demand for ZLD systems for new sources of potable water in African countries is on a rise. On industrial front, end users of ZLD systems include food & beverage, textiles, electricity generation, mining, oil & gas exploration, and pharmaceutical industries.

One of the key factors driving the adoption of ZLD over conventional effluent treatment plant (ETP) systems is increased efficiency and a cutting-edge wastewater treatment process that eliminates all liquid discharge from a system. Capital expenditure in Africa, from the regional as well as foreign direct investments, is facilitating growth by creating opportunities for expansion of businesses operating in the market.

However, High Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) are still major restraints for ZLD plants as they usually have higher installation costs as compared to other wastewater treatment processes. Increasing scope of zero effluent discharge and provision of reuse in process stages is driving sales of hybrid zero liquid systems over conventional effluent management systems. Hybrid zero liquid discharge systems offer high efficiency and reduce energy consumption, while offering long term economic benefits.

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Besides this, expansion of chemicals, petrochemicals, mining & metallurgy, and textile industries will continue spurring demand for zero liquid discharge systems in the forthcoming years.

“New system installations and overhauling of traditional effluent treatment plants will positively shape the demand outlook for zero liquid discharge systems over the forecast period. Along with this, increasing investments in the energy, mining and pharmaceutical industries will create lucrative prospects for market players in forthcoming years,” says the FMI analyst.

Key Takeaways of Zero Liquid Discharge System Market Study

Based on system type, conventional ZLD segment is estimated to account for over 60% of the market share in 2021.
Applications of ZLD systems in mining & metallurgy are anticipated to gain traction. The segment is projected to grow high CAGR of over 5.5% in 2021.
Northern Africa and Southern Africa have been estimated to be the leading regional markets in terms of revenue generation, valued at US$ 10.9 Mn in 2021.
Namibia is anticipated to emerge as an attractive market, accounting for 27.5% of the African zero liquid discharge system market share.

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Competitive Landscape

As per FMI’s analysis, the zero liquid discharge system market in Africa is highly consolidated, with leading players accounting for nearly 3/5^th of the market share. Some of the key players in the market are are Veolia, SUEZ, GEA Group, ANDRITZ AG, Thermax Global Limited, IDE Technologies, Alfa Laval AB, Multotec Group, Condorchem Envitech, Cannon S.p.A. and Ion Exchange India Limited.

Top 5 players operating in the Africa zero liquid discharge system market include Veolia, SUEZ, GEA Group, Alfa Laval AB, and Multotec Group.

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Semen Analysis Systems Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2028

Future Market Insights (FMI) presents its new, comprehensive study on the global Semen Analysis Systems market spanning from 2019 to 2029. Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints. Backed by historical data and projected data, the report breaks down the vast study into numerous geographies and end-use segments, among others to condense the research. The report also considers production and consumption analysis, value chain analysis, key findings, important suggestions and recommendations, and other aspects

Analysts at FMI have employed in-depth analysis to offer a lucid understanding of the market and the factors shaping its growth trajectory. Ranging from macro socio-economic factors to micro geography-specific trends, the research has taken into consideration every facet that is likely to play a vital role in the growth of the market in the years to come. Presenting a plethora of valuable information, the report will serve as an effective tool, guiding the market players in making fruitful decisions in the forthcoming years.

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Impact of COVID-19 on Semen Analysis Systems Market

The unforeseen outbreak of COVID-19, which swiftly metamorphosed into the pandemic of unexpected proportions, has shifted the world’s focus towards the healthcare sector. National governments are closely working with healthcare institutions and pharmaceutical companies to provide effective treatment to patients suffering with the infection. As a result, there has been a reorientation of medical priorities across healthcare institutions with treatment for COVID-19 patients being the utmost priority. This is sure to impact the growth of the Semen Analysis Systems market through the pandemic period.

FMI’s report includes a dedicated section expounding both the short-term and long-term impact of the pandemic on the Semen Analysis Systems market. The study is shaped to bolster stakeholders in making the right decisions to mitigate challenges and leverage opportunities through the pandemic.

Why Choose Future Market Insights?

Serving domestic and international clients 24/7
Prompt and efficient customer service
Data collected from reliable primary and secondary sources
Highly trained and experienced team of research analysts
Seamless delivery of tailor-made market research reports

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Semen Analysis Systems Market: Segmentation

To simply the gargantuan study, the report is segregated on the basis of different segments.

Segmentation by Application:

Human
Animal

Segmentation by End Users:

Hospitals
Diagnostic Laboratories

The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.

Semen Analysis Systems Market: Competition Analysis

The study bestows valuable insights into the competitive landscape of the global Semen Analysis Systems market, by studying numerous players, their growth strategies, and key developments. The report dwells deep and studies different facets such as product launches, production methodologies, and steps adopted by players to make processes cost-effective, among others, are expected to influence their individual standpoint. Understanding the prevailing trends and strategies on the supply-side empowers players to foster their plan of action accordingly to progress on a remunerative path. Key players covered in the research include

SKA Pharmaceutical
Halotech DNA
Merck Serono
Zydus Cadila Healthcare

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Key Questions Answered in FMI’s Semen Analysis Systems Market Report

Which region is anticipated to hold a prominent market share over the forecast period?
What will be the key driving factor propelling the demand for Semen Analysis Systems during the forecast period?
How current socio-economic trends will impact the Semen Analysis Systems market?
What are the growth strategies implemented by prominent players in the Semen Analysis Systems market to maintain their foothold in the competitive landscape?

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China Industrial Hoses Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2031

In 2021, the China Industrial hoses market is estimated to record 5.7% year on year growth, bucking initial scepticism about how the market would perform during a global pandemic. In China, the total demand of industrial hoses is expected to reach 548 Mn Meters by 2031.

According to the analysis by Future Market Insights (FMI), the China industrial hoses market will surpass a valuation of US$ 1.9 Bn in 2031, rising at a CAGR of 7.3%. Ultra-high pressure industrial hoses will reflect a positive growth outlook with a CAGR of 7.5% through the assessment period.
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The sales of industrial hoses in China are also understood to have risen with demand from its domestic market commanding over 55% of the nation’s total sales and consumption. The export curbs are also likely to be eased in the upcoming years. The oil and gas industry is considered as one of the prominent users of industrial hoses. Crude oil and gas being corrosive in nature may erode linings and will call for regular installment of hoses, thus driving the sales of replacement units. Superior grade materials such as composites, polymers, and steel is expected to augur the sales of industrial hoses to a high degree.

Advent of cryogenics in HVAC, industrial air separation plants, and medicine has necessitated the use of industrial hoses under extreme pressure and temperature. Steel and braided hose types have been preferred for the same. The demand is likely to be propelled by the medical and life sciences sectors incorporating cold storage systems and cryogenics.

Key Takeaways from Market Study
• China has an estimated share of 9.1% of the global industrial hoses market and close 30% of regional market consumption owing to the country’s high manufacturing output.
• Lubricant hoses to hold the lead with US$ 166.1 Mn in 2021 owing to extensive use in automotive applications.
• Plastic and polymer hoses account for over 33% of the value share in 2021, owing to cost and durability benefits.
• Energy applications to account for US$ 148 Mn in 2021, driven by investments in energy infrastructure upgrades.
• Leading provinces in China are estimated to contribute over 40% of the overall market consumption at 1.1 X of the overall CAGR.
“Transportation of critical fluids under stringent pressure regulations and demand from construction, oil and gas, and cryogenics sectors are major factors driving the demand for industrial hoses in China through 2031,” says a Future Market Insights analyst.

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Industrial Hoses Market by Category
By Material:
• Plastics & Polymers
• PTFE
• PUR
• PVC
• Nylon
• Silicone
• Hybrid
• Steel
• Braiding Yarn
• Composites
By Product Type:
• Tank Water Hoses
• Gardening Hoses
• Fuel Hoses
• Diving Hoses
• Brake Hoses
• Bicycle Hydraulic Brake Hoses
• Lubricant Hoses
• Hydraulic Hoses
• Mini Hydraulic Hoses
• Pneumatic Hoses
• Cryogenic Transfer Hoses
• Gas Connection Hoses
By Pressure Intake:
• Low Pressure
• Medium Pressure
• High Pressure
• Ultra High Pressure
By Application:
• Commercial Plumbing
• Residential Plumbing
• Gardening
• Manufacturing
• Food & Beverages
• Chemicals
• Pharmaceuticals
• Others
• Cryogenics & Air Separation Plants
• Energy
• Marine Engines & Equipment
• Diving Device
• Vehicles
• Heavy Duty Trucks
• Off Road Construction & Earth Moving
Equipment
• Industrial Forklifts
• Agricultural Vehicles
• Mining Vehicles
• Fuel Tankers
• Water Tankers
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Competitive Landscape
The market is highly fragmented, with key players accounting for slightly more than one-fifth of the market share. These players are likely to invest in developing new materials and expansion of their clientele in various industries to enhance their product portfolios.
Some of the key players in this industry are Parker Hannifin Corporation, Tiger Polymer Corporation, Continental AG, Eaton Corporation, Rehau Group AG, Balflex LLC, Trelleborg AB, Kuriyama Holdings Corporation, and Qingdao Everflex Rubber & Plastic Co., Ltd. amongst others.

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Reverse Osmosis Pump Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2031

Driven by increasing applications in the oil and gas and water treatment sectors, the reverse osmosis pump market size is expected to surpass US$6.1 Bn in 2021, as per latest insights by Future Market Insights (FMI). The reverse osmosis pump demand outlook remains positive, and it is forecast to rise at a CAGR of 8.9% from 2021 to 2031.

The market exhibited an impressive 8.7% year-on-year growth between 2020 and 2021. It is projected to surpass a valuation of US$14.3 Bn by 2031. As per reverse osmosis pump market insights, sales of centrifugal pumps will remain high, accounting for over 71% of revenue generated through 2031.

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Global reverse osmosis pump market will be valued at US$ 6,077.8 Mn in 2021. The market will grow with a stable long-term projection, according to the latest insights by Future Market Insights. The report estimates the market to expand at above 8% CAGR from 2021 to 2031.

Growing need for reverse osmosis pumps in the residential and commercial sectors has led to increasing demand in the market. Oil and gas, power generation, and manufacturing industries are exhibiting for reverse osmosis pumps.

FMI predicts healthy growth in the oil and gas industry in economies such as China, India, the Middle East, and Africa. Expansion of the industry will create prospects for growth in the market. This is because reverse osmosis pumps are used to ensure accurate and repeatable transportation and filtration to minimise total dissolved solids (TDS) in oil and gas applications.

Desalination plants around the globe are leading customers of high capacity, high-end reverse osmosis pumps. Reverse Osmosis (RO) systems are widely accepted on the offshore platform and vessels to provide low TDS (total dissolved solids) water for better oil recovery.

Water filtration is imperative for the commencement of industrial processes. Considering this, the demand for reverse osmosis pumps have considerably risen in recent years. To meet the increasing demand, manufacturers are planning to build new manufacturing units or expand existing infrastructure and production capacities.

Demand for reverse osmosis pump slumped in 2020 because of the COVID-19 pandemic. However, the filtration unit of the domestic and commercial segments of the market were not affected hard owing to requirements for drinking water on a global scale. Despite the risk of stimulus for bottled water in many countries, the market’s long-term outlook remains optimistic.

Key Takeaways from Market Study

Centrifugal reverse osmosis pump will hold over nine-tenths of the market share in 2021.
Booster pumps are projected to hold over four-fifth of the overall market share as the leading pump type by 2031-end.
The market in the India is projected to expand at a CAGR above 15%, supported by investments into industrialisation.
The U.S. market is projected to grow at a CAGR nearly 6% CAGR through 2031, supported by presence of mature manufacturing infrastructure and water filtration sector.
The markets in China and Turkey will surge at around 7% CAGR over the next ten years, driven by the rising demand from industrial end users.

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“Investments in municipal water and wastewater sectors in emerging countries are projected to grow at higher pace as compared to developed countries, owing to higher scope for economic growth, demographic changes, and the need to catch up with basic infrastructure requirements, which will drive reverse osmosis pump sales through 2031,” says a Future Market Insights analyst.

Competitive Landscape

The market is highly consolidated, with key players accounting for over one-fifth of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to gain competitive advantage.

Some of the key players in this industry include, but are not limited to Ebara Corp., Xylem Inc., Sulzer AG, and Kubota Corp.

2016-2020 Reverse Osmosis Pump Market Outlook Compared to 2021-2031 Forecast

Increasing need for industrial RO filtration units for separating contaminants such as pesticides, fluorides, bacteria, and arsenic drives demand. The reverse osmosis pumps market will grow at 8.9% CAGR between 2021 and 2031 compared to the 3.2% CAGR registered during 2016 – 2020.

These pumps are used to filter out contaminants for water in industrial processes. Companies have introduced products, with better materials which protect the pump material from acidic water and other impurities.

The growth of reverse osmosis units in domestic and commercial applications is subsequently expected to create major demand for reverse osmosis pumps. Reverse osmosis systems address concerns such as coronavirus, protozoans, cysts, viruses and other microbial present in the water.

Reverse osmosis pumps are used in various commercial applications such as restaurants, coffee shops, and bars to ensure the required output of dispensers without compromising on quality. The entire reverse osmosis unit also controls the taste of the liquids by reducing acidity, and increasing the mineral concentration. The need for pure water, which is essential for the sterilization of kitchen areas is also increasing the awareness for reverse osmosis. The need for advanced pumps which adhere to the standards of food standard bureaus, is also driving the demand for reverse osmosis pumps.

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Find More Valuable Insights

The research report analyzes demand for reverse osmosis pump. The global reverse osmosis pump market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends & market background. As per Future Market Insights’ research scope, the market has been analyzed on the basis of product type, application, and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, supply side and demand side.

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Mini Cranes Market Current Trends And Future Growth Estimations Outlook To 2031

The global mini cranes market is forecast to expand at a CAGR of over 6.0% throughout the forecast period between 2021 and 2031, projects ESOMAR-certified consulting firm Future Market Insights (FMI). The market is anticipated to witness substantial growth on the back of increasing investment in developing commercial and residential infrastructure and high utility of mini cranes in railway depots.

The surging acceptance of sustainable, and entertainment-friendly energy source have compelled manufacturers to provide towards developing battery-operated mini cranes. High initial purchasing cost and short span requirement from the user side is promoting the demand for rental services in the mini crane market.

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Furthermore, spider cranes are capable of performing highly skilled lifting operations and are laced with advanced safety features like outrigger interlocks which ensure stabilization of the chassis before any lifting operations. These advanced features propel the market sales for mini cranes. Mini cranes are useful in increasing productivity by reducing scheduling time and limiting manpower requirements and labor issues. Driven by surging demand for compact and advanced mini cranes, the global mini cranes market is expected to grow by 2.2 times throughout the forecast period between 2021 and 2031.

“Increasing demand for eco-friendly and compact mini cranes for performing heavy lifting operations in confined spaces will fuel the market growth in the forthcoming years,” says the FMI analyst

Key Takeaways

The U.S. is expected to offer a favorable growth environment for the mini cranes market owing to rising government investment towards expanding the construction sector and consolidating the infrastructure.
The presence of leading market players in the country along with flourishing heavy engineering, construction, and automotive industries is fueling the demand for mini cranes in the U.K.
The growing inclination of manufacturers in Australia towards incorporating mini cranes in agriculture, forestry, and waste management for their high versatility and flexibility will boost the mini crane’s market growth.
The booming construction industry coupled with the strong presence of the oil and gas industry will fuel the demand for mini cranes in UAE.
Japan houses some of the leading mini crane manufacturers in the world. The presence of market leaders in the country will propel Japan towards becoming the biggest exporter of mini cranes in the world.
Battery-operated mini cranes are expected to experience tremendous growth due to rising awareness about GHG emissions and government regulations promoting eco-friendly options.

Competitive Landscape

FMI has profiled some of the prominent market players providing mini cranes that include Hoeflon International B.V, Microcranes, Inc., Promax Access, MAEDA SEISHAKUSHO CO., LTD, Furukawa UNIC Corporation, Manitex Valla S.r.l., Skyjack( Linamar), R&B Engineering, Jekko s.r.l, BG Lift. Industry giants are striving towards developing innovative products and technologies to expand their global foothold. They are forming a strategic alliance with local dealers to improve the supply chain and strengthen their market position. Product launches are quickly becoming an integral part of their market expansion strategy assisting them in gaining a competitive advantage.

For instance, a new range of first-generation mini crawler cranes with the RPG2900 was launched by Palazzani Industrie in September 2020. Similarly, a versatile, medium-sized mini crane – SPX650 was launched by Italian mini crane manufacturer Jekko in August 2020.

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More Insights on the Global Mini cranes Market

Future Market Insights, in its new offering, provides an unbiased analysis of the mini cranes market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the mini cranes market with a detailed segmentation on the basis of lifting capacity (up to 1 ton, 1 to 1.8 ton, 2 to 2.4 ton, 2.5 to 4.9 ton, 5 to 10 ton, 11 to 22 ton), type (spider crane, crawler crane, pick and carry cranes), operation (fuel operated, battery operated), end use sector (industrial, railway depots, construction, facility management, marine, timber & lumber, material handling & logistics) and ownership (direct owned, rented) across major regions (North America, Latin America, Europe, East Asia, South Asia and Pacific , and Middle East & Africa)

Key Questions Covered in the Report

How will the market for mini cranes expand through 2031?
Which top manufacturing companies are leading the global mini cranes market?
What are the key drivers and trends that will stimulate mini cranes sales?
What are the challenges that will affect the sales of the mini cranes market?
Which region will remain the most lucrative throughout the forecast period?
What is the impact of Covid-19 on the mini cranes market?

Mini Cranes Market by category

By Lifting Capacity

Up to 1 ton
1 to 1.8 ton
2 to 2.4 ton
2.5 to 4.9 ton
5 to 10 ton
11 to 22 ton

By Type

Spider Crane
Crawler Crane
- Articulated
- Telescopic
Pick and Carry Cranes

By Operation

Fuel Operated
Battery Operated

By End-Use Sector

Industrial
- Foundries
- Power Plants
- Others
Railway Depots
Construction
- Residential & Commercial
- Industrial
- Civic Infrastructure
Facility Management
- Commercial
- Industrial
Marine
Timber & Lumber
Material Handling & Logistics

By Ownership

Direct Owned
Rented

By Region

North America
Latin America
Europe
East Asia
South Asia & Pacific
MEA

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Switchgear Market 2022-2032 Research Covers,by Future Market Insights, Inc.

High-intensity fault currents can damage the electricalequipment and devices of the circuit and to minimize these failures and mitigate the aftereffects, switchgear Market or fuses are employed. Fuses need to be replaced after every disconnection in the circuit as they don’t provide re-closure functions, in such cases where setting up the circuit in its normal functioning, switchgears are employed which provide the re-closure functioning at various operating levels (High/low voltages). As the automation of process is booming across all the industries, the global switchgear market is witnessing the tremendous growth opportunities.On the basis of product types, switchgear market can be broadly categorized as conventional switchgear and modular/integrated switchgear.
The conventional switchgear system comprises various components such as transformers, circuit breakers and dis connectors, which needs more space for installation and comparatively more costly than that of modular switch gear. To overcome these issues modular type of switchgear are used by integrating these functions into one breaking chamber of circuit breaker. With the trend of shifting from conventional switchgear to modular/integrated the global switchgear market is projected to grow with double digit CAGR.
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The global switchgear market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan and Middle East & Africa.Asia-Pacific holds the major share in global switchgear market, followed by North America South America, and Europe respectively. Asia-Pacific switchgear market is expected to maintain its dominance in global switchgear market during the forecast period. Emerging countries like India and China in Asia-Pacific region are extensively up grading and installing new transmission lines and distribution networksto uphold the infrastructural developments, which is expected to be major driving factor of global switchgear market. On country level, China dominates in the global switchgear market with more than 18-20% of share. Against the dynamic economic conditions, the Eastern and Western Europe switchgear market are also expected to contribute significant amount of share inglobal switchgear market during the forecast period due to the increasing infrastructure development for renewable energy sources. North America switchgear market is also expected to contribute significant amount of shares during forecast period due to various factors like growing market for grid modernization, replacement of old installations along with capacity enhancement.

On the basis of operating voltage rating, the global switchgear market is segmented into three categories which are global low voltage switchgear market, global medium voltage switchgear market and global high voltage switchgear market. Rapid growth in industrialization of small and medium scales in developing countries like China, India and developed countries like Japan is expected to be prominent countries for low and medium voltage switchgear market. In terms of market shares medium voltage switchgear market segment dominates the global switchgear market, whilst in terms of growth rate low voltage switchgear market is projected to offer double digit CAGR, higher than that of other voltage sub-segments.

The keyparticipants in global switchgear market focus on introducing new technology and innovative products at competitive prices together with new application in order to distinguish themselves from that of the competitors. Major players reigning over the global switchgear market include Schneider Electric SA, Mitsubishi Electric Corporation, Siemens AG, ABB Ltd, Powell Industries Inc., Eaton Corporation and General Electric Company, amongst other.

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Some of the recent technological developments in switchgears market such as magnetic actuation and arc-resistance technology have been undertaken by OEMs focusing upon enhancing efficiency and reliability of switchgear equipment. In future such technological up gradation will add value and spur the demand in global switchgear market.

Key Segments

By Component Type:

Power Distributor Switch Breaker
Switch Disconnector
MCCB
HRC Fuse
Earth Switch
MCB

By Voltage Type:

Low Voltage (less than 1kV)
Medium Voltage (1kV to 75kV)
High Voltage (75kV to 230kV)
Extra High Voltage (230kV to 500kV)
Ultra-High Voltage (above 500kV)

By Construction Type:

Outdoor
Indoor
Others

By Insulation Type:

Air Insulated Switchgear
Gas Insulated Switchgear
Oil Insulated Switchgear
Vacuum Insulated Switchgear

By End User:

T&D Utilities
Commercial
Industrial
Residential

By Region:

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

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Industrial Vacuum Evaporation Systems Market Report Perspective with Study of Leading Players 2030

As per FMI’s study, the industrial vacuum evaporation systems market is anticipated to expand at CAGR of 6.7% over the forecast period 2020-2030. As waste management is gaining momentum for governments all over the world, the commercial scenario of industrial vacuum evaporation systems have kept on to witness a rise. Growth is also underpinned by rising industrialization which has prompted the emergence of key chemical manufacturing units. A huge blip was witnessed owing to the onset of COVID-19, however, as inoculation procedures fast-tracks, players are positive of a recovery as on-site business operations will resume, reinstating the demand-supply equilibrium in approaching years.

“Adoption of strict emission and wastewater discharge control regulations over key regions is fast-tracking implementation of industrial vacuum evaporation systems, with precise prominence on wastewater treatment all over the chemical industry“ states the FMI analyst.

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Important Highlights

North America will lead among other regions, recording a CAGR of over 6% during 2020-2030.
Chemical industry will foresee highest implementation of vacuum evaporation systems and will touch US$ 910.8 Mn towards 2030.
Wastewater treatment & recycling application segment is creating huge investment prospects for manufacturers, and recording a CAGR of over 6% 2021 onwards.
Multiple effect thermal evaporators are attaining huge popularity among other system type over the forecast period.
1000-2000 liters/day capacity segment are likely to attain notable momentum in the short-run.

Drivers

Strict emission regulation standards by governments are bound to increase vacuum evaporators adoption during the assessment period.
Increasing investment by industries in vacuum evaporation systems due to growing water scarcity will be driving market growth.
High level of efficiency accomplished at a considerably reasonable price, will continue to fuel demand for industrial vacuum evaporation systems.

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Restraints

Presence of substitute products for instance conventional chemical precipitation systems will hinder the market growth.
The COVID-19 outbreak has negatively impacted the demand and is likely to hold up past the current year hamper the market growth.

COVID-19 Impact on Market

The COVID-19 outbreak has caused sluggishness in the market which will last throughout 2020. Cessation of production exercises to avert further virus spread has led to low adoption of industrial equipment, causing a fall in sales. However, expansion is slated to recover in consequent years with reopening of industrial activities post-pandemic.

Competitive Landscape

The global industrial vacuum evaporation systems market is foreseeing presence of numerous players. The players are relying on integrating technological innovations, such as automation and AI to provide quality end-products to prospective clients. Furthermore, acquisitions, partnerships and collaborations are also relied upon.

Some key players profiled in FMI’s market are GEA Group, SUEZ, Veolia, PRAB, BÜCHI Labortechnik AG, GEMÜ Group, Heidolph Instruments GmbH & CO. KG, S.A.I.T.A SRL, WIGGENS GmbH, IWE SRL, Condorchem Envitech, ENCON Evaporators, Eco-Techno SRL, Sanshin Mfg. Co. Ltd. and EYELA.

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Urea Strippers Market Report Perspective with Study of Leading Players 2032

Stripping is one of the most effective methods for heat recovery and reuse in the process. This concept offers significant advantages for recycling owing to its basic design and easy monitoring. In the recycling process of urea plant, factors such as, flow scheme; number of process equipment required, amount of water recycled in carbamate solution and; overall plant efficiency play a vital role. In a urea plant, a urea stripper’s function is to decompose carbamate into ammonia and, carbon dioxide from urea solution leaving the reactor. The urea stripper operates under full system pressure and is configured in a way so that it provides maximum gas-liquid contact.

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Chemical process industry generates demand for urea strippers as there is an extensive use of urea in end use applications like, agriculture, chemical industry, automobile systems, laboratory uses, medical uses and, other uses. The urea strippers market is highly competitive and includes both, large capacity manufacturers that provide services globally, as well as small & medium-sized manufacturers that have a more limited portfolio and offer services at a regional level. The urea strippers are constructed with materials which can withstand severe conditions thereby minimizing maintenance, expanding the life of the equipment and optimizing the plant operation conditions.

Reasons for Covering this Title

The market for urea is growing rapidly worldwide owing to its extensive use as a fertilizer and considerate use in other non-fertilizer applications such as in, urea-formaldehyde resins, melamine formaldehyde resins, and livestock feed among others. Urea is anticipated to be a locally driven market as it is mostly consumed in the countries where it is manufactured. The capacity expansion and supply demand scenario is anticipated to showcase the growth of urea strippers market.

According, to International Fertilizer Industry Association (IFA), nearly, 60 new urea units came into stream between 2014 and 2018, of which 25 were located in China. Beyond 2016, all new urea capacity worldwide is anticipated to be located outside China, thereby, confirming the expansion of capacity to other countries. Global urea capacity would increase by 41 Mt between 2013 and 2018, to 245 Mt. This corresponds to a CAGR of 3%. East Asia is anticipated to contribute 36% of the net capacity increase, followed by Africa with 22% share and North America with 13% share. Global urea supply is estimated at 182 Mt in 2013, 188 Mt in 2014 and 216 Mt in 2018, growing at a projected average annual rate of 4% over 2013.

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Global Urea Strippers: Market Segmentation

On the basis of material of construction, the global Urea Strippers market has been segmented as:

Duplex stainless steel (SAFUREX)
Stainless steel
316L-UG
25Cr-22Ni-2Mo
Zirconium
Titanium

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On the basis of capacity, the global Urea Strippers market has been segmented as:

<1000 MTPD
1000 – 1500 MTPD
1500 – 3500 MTPD
>3500 MTPD

Global Urea Strippers Market: Key Players

Examples of some of the key players operating in the global Urea Strippers market are Saipem S.p.A., Stamicarbon, TOYO India, Urea Casale, ALFA LAVAL, NIIK, thyssenkrupp, LARSEN & TOUBRO LIMITED, FLOWTRONIX, Isgec Heavy Engineering Ltd, Kay Iron Works (Jorian) Private Limited, FEECO International, Inc. among others

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Domestic Booster Pumps Market Current Scenario and Industry Growth Forecast with Major Key Players data by 20300

The market for domestic booster pumps worldwide, which is currently valued at US$ 2.68 billion, is anticipated to grow at a CAGR of 7.1% from 2022 to 2030, reaching US$ 4.63 billion.

In 2020, domestic booster pump sales made up 28% of the market for booster pumps worldwide. Over the next few years, it is anticipated that rising urbanisation in China and India’s emerging economies will significantly increase demand for domestic water booster pump systems.

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Factors Favoring Domestic Booster Pumps Market Growth

“Increasing Infrastructural Activity across the World Driving Domestic Pressure Booster Pump Sales”

Demand for domestic water supply pumps has increased as a result of global urbanisation and growing demand for better water management infrastructure. The development of residential infrastructure has significantly increased recently, and it is anticipated that this trend will continue through 2030.

Sales of residential domestic water booster pumps, domestic water booster pump systems, domestic booster sets, etc. are consequently driven by the increase in residential complexes.

“Rising Demand for Energy-efficient Solutions”

Recent years have seen a significant increase in the focus on sustainability, which is anticipated to have a significant impact on the potential market for domestic booster pumps in the years to come. Rising consumer awareness of energy efficiency, increased research and development for environmentally friendly products, etc., are all predicted to favour the market potential for domestic booster pump equipment.

VFD (variable frequency drive) technology is being added to domestic water booster pump systems and packages to increase their efficiency and reduce their environmental impact.

“Domestic Water Booster Pumps to See High Demand in East Asia Owing to Rapid Urbanization”

This FMI market analysis of domestic booster pump systems includes metrics for North America, Latin America, Europe, East Asia, South Asia & Pacific, the Middle East & Africa, and other regions (MEA).

East Asia is expected to have strong demand for a domestic pressure booster pump sales due to the region’s quick industrialization and increasing population density. The rising residential infrastructure in countries like China is anticipated to drive residential domestic water booster pump sales. The demand for domestic booster pumps worldwide is accounted for by the East Asian market at 23.5%.

Domestic booster pump consumption, which currently makes up 22.9% of the global industry, is anticipated to be lucrative through 2030. Two key factors that influence the market in this region are the rising demand for energy-efficient pumps for domestic water supply and the presence of significant domestic booster pump manufacturers.

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Due to the growing number of residential establishments, the domestic North American booster pump market is anticipated to have a significant impact on the global landscape. Demand for domestic booster pumps in North America will account for 22.3% of the global market in 2022.

Currently, domestic booster pump demand in the MEA region represents 7.2% of the global market. Through 2030, rising urbanisation in this region is anticipated to play a significant role in driving market potential.

Key Segments of Domestic Booster Pumps Industry Survey

Domestic Booster Pumps Market by Rated Power:

10 – 50 W Domestic Booster Pumps
50 – 150 W Domestic Booster Pumps
150 – 300 W Domestic Booster Pumps
Above 300 W Domestic Booster Pumps

Domestic Booster Pumps Market by Water Pressure:

0.5 Bar Domestic Booster Pumps
1 Bar Domestic Booster Pumps
Above 1 Bar Domestic Booster Pumps

Domestic Booster Pumps Market by Application:

Domestic Booster Pumps for Kitchens
Domestic Booster Pumps for Bathrooms
Domestic Booster Pumps for Water Heater Units
Domestic Booster Pumps for Gardening Sprinklers & Pipes

Domestic Booster Pumps Market by Sales Channel:

Online Sales of Domestic Booster Pumps
Offline Sales of Domestic Booster Pumps

Domestic Booster Pumps Market by Region:

North America Domestic Booster Pumps Market
Latin America Domestic Booster Pumps Market
Europe Domestic Booster Pumps Market
East Asia Domestic Booster Pumps Market
South Asia & Pacific Domestic Booster Pumps Market
Middle East & Africa (MEA) Domestic Booster Pumps Market

Competitive Landscape

Domestic booster pump vendors are investing in the research & development of new products and are launching new, innovative domestic water pressure booster pumps to increase their market presence across the world.

In August 2021, Grundfos, a leading name in advanced pump technology, announced the launch of a new water pressure booster pump for residential use. SCALA1 is equipped with a high-efficiency motor and is an energy-efficient solution for pressure-boosting purposes at residential establishments.

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Power Generator for Military Market Current Trends And Future Growth Estimations Outlook To 2030

The global power generator for military market was valued at US$ 1,011.5 Mn in 2019. The market is forecast to rise at a CAGR of 3.4% between 2020 and 2030. Uninterrupted and reliable sources of power supply are vital for successful military operations. Power generators have application across diverse segments within the military industry. Against this backdrop, Future Market Insights (FMI) foresees lucrative prospects for power generator producers within the military market.

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Power generators are used for various tactical operations within military agencies. On account of changing landscape, the inclination towards compact and lightweight designs is higher. These generators are touted as advanced equipment that offers robust output at low cost. Driven by the demand for improved fuel efficiency, sales of compact generators are expected to pick up in the coming years.

According to FMI, the demand for advanced and fuel-efficient generators will speed up in the coming years. Increasing budget allocation towards strengthening the defence sector will subsequently aid the expansion of the market.

FMI’s report on the power generator for military market highlights the specific needs of the defence and military sector. It identifies hidden growth opportunities for the market players, besides cautioning them against potential threats.

Some of the key takeaways from the report are:

Market players are likely to witness attractive growth opportunities as military agencies focus on establishing integrated power systems. This will invariably fuel the demand for generators.
Hybrid generators are likely to comprise an exceptionally lucrative product category. Ensuring environment safety is high on the agenda of military agencies. They are keen on investing in fuel-efficient technologies that will also offer significant cost reduction.
Backed by increasing military spending, North America is forecast to emerge as a dominant market for power generators
While diesel will remain preferred fuel type, tightening environmental laws will boost growth prospects for natural gases as potential sources of fuel
Demand power generators will remain significantly high in field hospitals and field camps and accommodations

The COVID-19 Impact

The COVID-19 outbreak has sent shockwaves across the globe. Experts even presume it to be the worst crisis the world has witnessed in recent past. The crisis was unprecedented, resultantly it crippled the manufacturing sector of some of the major economic powerhouses.

By the time the global economy recovers from the jolt, manufacturing is expected to be among the worst-hit sectors. The incredible slump in investment, subsequently revenue generated within the industry paints a gory picture.

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The power sector too is no stranger to the crisis. It is reeling under payment delays and deficits. Government owned distribution companies are particularly hampered. Nationwide lockdowns have posed unique and devastating challenges. Liquidity crunch is threatening several companies within the industry.

Growing Demand for Distributed Power

Experts project that a grand transformation is underway. The wave of decentralizing energy, which has swept across the world, is revolutionizing the way power is generated and consumed.

Resultantly, some key government organizations, including military agencies, are swaying away from centralized energy systems to integrated power solutions such as microgrids.

The military sector is keen on suitable provision for secure energy to cater to their growing needs in a way that will also help them mitigate adverse effects on environment. A failure in meeting this requirement will pose immense threat to functioning of various defense operations.

Installing power generators is therefore a favored method for improving environmental, economy, and energy-security performance within the sector.

Diverse Military Applications Favoring Growth

The demand for distributed energy is surging in the military sector. Its application in tactical military communication, fields, camps, and bases, field hospitals, and command systems is surging at a steady pace – a trend which is unlikely to slow down in the coming years. Power generators are therefore considered extremely crucial for hindrance-free operation within the sector.

Also with rising troops deployment overseas, coupled with the need for various modern warfare equipment, will make power generators indispensable for the industry.

Governments across prominent countries have taken a note of this. Resultantly, their military expenditure has increased considerably. Strengthening their defense systems is their foremost priority and to achieve this they are likely to invest in robust power military power generation equipment in the coming years.

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Who is winning?

Leading companies operating in the power generator market have an impressive global presence backed a strong distribution and sales network. Because the market is fairly consolidated, Tier 1 companies are expected to account for the lion’s share.

Market players will primarily focus on expanding their global footprint and product portfolio. Considering this, besides mergers and acquisitions, product launches will remain highly preferred strategic moves among competitors.

FMI profiles some of the leading companies operating in the global market. These include Cummins Inc., Caterpillar Inc., Rolls-Royce Holdings plc, HIMOINSA, Harrington Generators International, Teknel srl, GRUPEL S.A., VÝVOJ Martin, HITZINGER GmbH, Fischer Panda GmbH, Ascot Industrial S.r.l., GREEN POWER SYSTEMS S.r.l., Kohler Co., Kirloskar Oil Engines Ltd., and Ausonia S.r.l.

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