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In 2022, sales in the dust extractors market Market shares are anticipated to reach US$ 2.2 billion. The market is anticipated to grow at a healthy 8.5% CAGR to reach US$ 3.6 Bn by 2028.

Sales in the market are expected to increase as a result of the growing need to improve the quality of the air that is released as a result of commercial and industrial operations.

Additionally, the market is likely to expand due to these extractors’ capacity to gather unwelcome impurities, trash, and dust from the area where they are installed.

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In addition, it is anticipated that increased knowledge about dust control products in the cement manufacturing industry will increase demand. Additionally, it is anticipated that the rapid development of technologically advanced dust extraction systems will support.

Increasing need to enhance the quality of air that is being released from industrial and commercial activities is set to drive the sales in the market.

Also, the ability of these extractors to collect unwanted impurities, debris, and dust from the surroundings where they are being installed is likely to propel the growth of the market.

Besides this, rising awareness about dust control products in the cement manufacturing industry is anticipated to spur demand. Coupled with this, surging development of technologically advanced systems for dust extraction is projected to fuel the market in the forthcoming years.

While adoption of dust extractors in medium dust class will retain a dominant share over that in the low dust class in the long run, the latter is highly likely to outpace former owing to the impressive growth of commercial building sector.

Sales are likely to experience a considerable hike in the forthcoming years, as the demand from major end-use sectors, particularly commercial building and offices, is on a constant rise.

Construction sites, though envisaged to remain key demand generator in the dust extractor space, will be closely trailed by the wood working segment.

The report positions wood working applications of dust extractors market as an important demand contributor to the market and projects a healthy rate of growth for the dust extractor demand in wood working segment.

DYI Applications Boosting Potential of Online Sales Channels

Growing number of projects in the commercial space construction landscape will remain a significant booster for the demand growth of dust extractors at a global level. Moreover, noteworthy increase in the number of DIY applications, strongly backed by flourishing online retail channels, has been cited in the report as important factors impacting the growth of dust extractor market in years to come.

The report has attributed growth of DIY applications segment to the progress of home improvement industry, observed in the recent past.

In the light of success registered by leading online distributors of DIY vacuum cleaners such as Amazon, EBay, Alibaba, and ShopClues among others, a number of organizations are strategizing their entry to the E-commerce space.

The report projects that power tools sales are likely to emerge as a popular strategy among players, which are stepping in the online retail world for DYI vacuum cleaner sales.

Growing consumer preference for online channels while shopping DIY application tools is instrumenting accelerated online sales of dust extractors, as per the report findings.

However, high price point associated with high-capacity vacuum cleaners will continue to restrain the accelerated growth of dust extractor market in the long run.

In line with the potential competitive edge offered by dust extractor models with compact dimensional design and light weight, key manufacturers are following the growing trend of high R&D investments in innovative product launches.

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Japan to Rise as the Industry’s Manufacturing Hub

Europe is envisaged to emerge as a highly profitable region for the prominent consumers of dust extractors, towards the end of the forecast period.

Currently, the US and Germany represent the most prominent countries generating significant demand for dust extractors, subsequently benefiting the markets in North America and Western Europe, respectively.

According to the report, the demand for dust extractors in developed regions will continue to be favorably influenced by the stringent regulatory framework of regional governments regarding the usage of vacuum cleaners.

Furthermore, Japan is also anticipated to be a lucrative regional market for dust extractors, in terms of value and volume.

FMI’s analysis also depicts that Japan is currently reflecting the potential to develop into the new manufacturing hub.

MEA is also projected to remain a prominent regional market for dust extractor sales, which has been primarily attributed to the robust growth of key end-use sectors across the region.

Dust Extractor Market: Vendor Landscape

The dust extractor market is largely fragmented, as a result of the strong presence of a large number of local and established players. The report provides details of some of the key players in the global dust extractor market, such as Milwaukee Tool, Alfred Kärcher SE & Co. KG, Makitra Corporation, Hilti Group, Robert Bosch GmbH, DeWalt (acquired by Stanley), Metabowerke GmbH, Panasonic Corporation, Nilfisk Inc., Tennant Company, Numatic International Ltd., Electrostar GmbH (Starmix), Bisell Inc., Fiorentini / Clemas & Co., Verimark (Pty) Ltd., and C & E Fein GmbH.

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The global industrial battery chargers market is projected to witness growth at a CAGR of 8.5%, to create an absolute $ opportunity of more than US$ 2.25 Bn in 2022. The sales in industrial battery chargers are expected to exceed US$ 3.67 Bn by the end of 2028.

Additionally, the overall sales of industrial battery chargers are expected to increase by 1.6x over the forecast period (2022-2028). Deployment of industrial battery chargers is expected to surge as need for safe, secure, cost-effective, and sustainable grid increases.

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The demand in the market is expected to increase as application in diverse end-use sectors such as mining, energy & power, and others rises. On account of this, the overall market size is expected to reach US$ 1.18 Bn by the end of 2021.

A half-yearly comparison and insightful analysis of industrial battery chargers market growth along with recent developments influencing growth outlook of the market is presented by Future Market Insights.

The market has been predominantly influenced by certain macro-economic factors, industrial and innovation factors including manufacturing sector development, development of mining and infrastructure, power industrial growth, economic growth and increase in FDI flow in the developing nations.

According to FMI analysis, the difference between the BPS values observed in the glass door merchandizers market in H1, 2022 – Outlook over H1, 2022 Projected reflects a rise of 24 BPS. However, compared to H1, 2021, the market is estimated to grow by 53 BPS in H1 -2022.

Increase in the growth outlook as per the current estimation is owing to growth in the demand for electric vehilces as compare to conventional IC Engine vehicles. This is the primary driver of the industrial battery charger market’s expansion.

Further, increasing energy distribution and transmission infrastructure fueled by supportive government financing and investments by several market participants are also driving the growth of the market. Moreover, the increasing use of smart grids across a variety of end-use sectors would increase demand for industrial battery chargers, particularly in India and other rising nations.

Despite several positive prospects, there are certain challenges lying ahead of the market of industrial battery chargers such as, high installation and maintenance cost, risk in upstream for procurement of raw materials. This factors are expected to impact the growth outlook of the market to a certain extent.

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Country-Wise Analysis

Why is Demand for Industrial Battery Chargers Increasing in China?

China is considered to be an industrial battery charger manufacturing powerhouse worldwide. As per Future Market Insights, China is expected to outperform other countries in Asia Pacific excluding Japan region.

With increasing demand for renewable energy and green energy solutions, adoption of industrial battery chargers across IT & data centers, power & energy and mining industries will surge.

Additionally, expansion of oil & gas industry will also aid the growth in China industrial battery chargers market. Application of industrial battery charger in marine industry will also favour the growth in the China market.

Competitive Landscape

The presence of numerous leading players in the global market has led to severe competition, wherein, tier-1 manufacturers are expected to hold around 53% demand share. Key players are collaborating with leading IT and mining industries to create lucrative revenues.

Emergence of a large number of manufacturers across APEJ countries are eyeing the market for cost-effective industrial battery chargers to expand their global presence and strengthen their footprints. For instance,

• In March 2021, Advanced Charging Technologies Inc. (ACT), a leader in cloud-based integrated solutions for forklift battery and charging technologies, recently expanded manufacturing to San Antonio to accommodate increased growth opportunities and the ever-evolving global battery charger market.

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A new research report of Future Market Insights (FMI) tracks global compost turning machine market performance over 2018-2028 and analyzes the demand patterns of compost turning machine on the basis of various attributes such as product type, output capacity, end-use industries, and region.

Over 3,200 compost turning machines were sold globally, in 2018, which is likely to rise at a moderate pace in 2019 and ahead. The compost turning machine market is foreseen to gather momentum in the near future, primarily driven by the increasing severity of waste management and soil quality management concerns.

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Drum type compost turner machine is likely to maintain a dominating market value share through 2028, as indicated by the report. However, elevating face type compost turner machine that currently accounts for more than a third of the total market value, is projected to gain significant traction in the years to come. The report has attributed this growth to manufacturers’ focus on developing new technologies for compost turning machines as per the demand from different countries.

Increasing Concern about Food Waste Management & Recycling Pushing Demand 

Increasing frequency of environmental changes is compelling consumers to move towards food waste recycling machines. Moreover, there has been an increasing level of awareness about food wastage among consumers, which is highlighting the importance of food waste recycling machines. This is one of the primary boosters for the revenue growth of compost turning machine market. According to research, the household sector accounts for over half of the food wasted, particularly in developed countries. Such factors are more likely to elevate the demand for compost turning machines throughout the forecast period.

Preview Analysis Global Compost Turning Machine Market Segmentation By Product Type (Drum, Elevating Face); By Output Capacity (Below 500 cubic mtrs/h, Between 500-1000 cubic mtrs/h, More than 1000 cubic mtrs/h); By End Use (Construction Industry, Agriculture Industry, Manufacturing Industry): 
https://www.futuremarketinsights.com/reports/compost-turning-machine-market

Agriculture Industry Will Remain Significant End-use Segment in Compost Turning Machine Market

The agricultural end use of compost turning machine is expected to be a highly influential segment in compost turning machine market, according to the report. FMI has attributed the maximum market value share of agricultural industry in compost turning machine market to the growing demand for compost for the maintenance of organic carbon content of soil, eventually improving the uptake of nutrients by soil. Also, these machines reduce the use of fuel consuming land preparation processes owing to improvement in soil health, further advocating the adoption of compost turning machines.

Developed Regional Markets for Compost Turning Machine to Hold Noteworthy Revenue Shares

Agriculture industry in North America and Western Europe is heavily mechanized and commercialized. While agriculture is a major industry in both Canada and the US, the former has been one of the largest agricultural exporters and producers around the world. Moreover, highly developed agricultural practices in North America will provide endless opportunities to compost turner machine manufacturers during the forecast period.

Compost turning machine market in fast progressing Asian countries such as India and China is also registering significant growth owing to stringent government regulations that are likely to promote the use of these equipment in food manufacturing plants.

Global Compost Turning Machine Market: Competitive Landscape

Some of the players profiled in the global compost turning machine market report include Terex Corporation, Vermeer Corporation, Eaggersman AG, Scarab International, Midwest Bio-Systems, Inc., Brown Bear Corporation, EarthSaver Equipment Inc., Komptech Group, Frontier Industrial Corporation, Alliance Fertilizer Machinery, HCL Machine Works, and Blue Group among others. Manufacturers are likely to maintain the focus on product technology innovations for sustained market value shares in the compost turning machine landscape.

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Over 152 million units of industrial noise control systems were sold in 2021, totalling a market value worth US$ 5,529.1 Million. A new study by Future Market Insights (FMI) finds that Industrial Noise Control Market is expected to grow at 3.7% y-o-y in 2022. Key factors influencing the growth of industrial noise control market include,

The global industrial noise control sales were valued at around US $5,529.1 Mn at the end of 2021. The market is projected to register 4.6% CAGR and a top valuation of US $7,550.0 Mn by 2028.

• Growing awareness of harmful levels of industrial noise
• Increasing emphasis on the protection of workers and employees from noise pollution
• Stringent environment regulation related to industrial noise control
• Incorporation of integrated noise control technologies in advanced industrial machinery

The industrial noise control industry is witnessing a shift toward biodegradable materials over traditional materials. Manufacturers are incorporating green and sustainable materials in design and development of industrial noise control units to align with the ongoing sustainability trend.

Polymer & Composites Remain Preferred Materials, Accounted for Over 4 in 10 Sales in 2021

The FMI study finds that polymer and composites are highly preferred materials for the manufacturing of industrial noise control units. Over 4 in 10 industrial noise control units sold in 2018 were made of polymer & composites.

Polymers and composite materials have higher soundproofing properties as compared to other materials such as glass, metal and fabric. In addition, new developments in composite materials provide biodegradability and recyclability, leading to higher sales.

Vibration Isolation Units Highly Sought-After

The FMI study finds that over 8 in 10 industrial noise control units sold in 2021 were equipped with vibration isolation unit. As vibrations can significantly impact the overall productivity and durability of a range of industrial machines, industrial noise control with vibration isolation units are highly sought after.

FMI thoroughly analyzed demand trends of different vibration isolation units such as isolation/machinery pads, isolation mounts, equipment bases and spring isolators. Among these, sales of isolation mounts were higher in 2021 and the demand trend will continue in the future as manufacturers consistently introduce advanced and more efficient vibration isolation mounts.

The industrial noise control market is also studied for flexible and rigid industrial noise control instruments by FMI. While both these noise control units significantly address noise pollution issues, FMI study finds that flexible noise control units accounted for the second highest sales in 2018 and demand for rigid noise barriers is expected to grow at 4% in 2022.

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Industrial Noise Control Utilization in Internal Application Prominent, Accounted for 7 in 10 Sales in 2021

The FMI study estimates that demand for industrial noise control units for internal noise control application remained higher as compared to the application in external noise control. 7 in 10 industrial noise control units sold in 2021 were for internal application and the demand will continue to grow in the future.

Elevated sound levels at workplaces and other commercial or residential places can cause negative human health conditions such as hearing impairment, annoyance, sleep disturbance, hypertension and in some cases ischemic heart disease. Dissemination of knowledge regarding these harmful effects is contributing to increasing sales of industrial noise control units in the internal noise control application.

Growing awareness of environmental noise as a potential health concern, industrial measures are taken to address the impact of external noise sources. FMI shows that adoption of industrial noise control for external noise control application will grow at 3.9% y-o-y in 2022.

Scope of the Report

Demand for Industrial Noise Control Units Consolidates in Manufacturing Sector

According to the FMI study, the manufacturing sector remains a prominent end user of industrial noise control units. Different manufacturing industry verticals such as electrical & electronics, industrial machinery, automotive, metal and others significantly integrate industrial noise control measures.

Over 7 in 10 industrial noise control units were sold in the manufacturing sector in 2018, wherein industrial machinery vertical account for the highest sales. As keeping the noise within the OSHA levels in the different manufacturing sector is pivotal in ensuring health and wellness of employees.

Demand in East Asia Continues to Surge, Europe Represents Second Largest Market

As per FMI valuation, countries in East Asia including China, Japan and South Korea registered significant demand for industrial noise control units in 2021. In terms of sales volume, Europe followed East Asia and collectively, these regions accounted for over 6 in 10 unit sales.

China in East Asia remains leading consumer of industrial noise control. A prominent manufacturing sector in the country contributes to the significant demand for industrial noise control. In Europe, Germany followed by France and the UK accounted for considerable bulk of regional demand in 2021.

While the growth prospects seem steady for the industrial noise control market, development of advanced industrial machineries integrated with noise cancelling technologies and sound or vibration absorbers can impede the market growth in the future.

Global Industrial Noise Control Market by Category

By Material Type:

• Polymer & Composite
• Glass
• Metal
• Fabric

By Product Type:

• Flexible
  • Sound Curtains
  • Acoustic Foam
  • Acoustic Blankets
  • Sound Absorbers
• Rigid
  • Enclosures
  • Silencers
  • Ceiling Baffles
  • Test Chambers
  • Sound Proof Walls
  • Panels
  • Others
• Vibration Isolation
  • Isolation Pads
  • Isolations Mounts
  • Machinery Pads
  • Equipment Bases
  • Others

By Application:

• Internal Noise Control
• External Noise Control

By End Use:

• Manufacturing
  • Electrical & Electronics Equipment
  • Industrial Machinery
  • Automotive
  • Metal
  • Other Manufacturing
• Construction & Mining
• Healthcare

By Region:

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

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About Us

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

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Global demand for tool holders, specifically arising from the automotive and defence and aerospace industries, will witness a relatively steady growth between 2022 and 2028, as predicted by Future Market Insights (FMI) in its recently released market intelligence report.

While the demand for tool holders will be largely driven by emerging economies, in particular the manufacturing sector, China is likely to make substantial investments in high performance cutting tools, considering the robust manufacturing and industrial output in the region. In other developing countries such as Philippines and Bangladesh, the positive scenario and policies, infrastructure, and steps, which are being taken to promote business, especially the manufacturing sector, will have a positive impact on the tool holders market offering huge opportunities for investors.

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While the demand for tool holders will be largely driven by emerging economies, in particular the manufacturing sector, China is likely to make substantial investments in high performance cutting tools, considering the robust manufacturing and industrial output in the region. In other developing countries such as Philippines and Bangladesh, the positive scenario and policies, infrastructure, and steps, which are being taken to promote business, especially the manufacturing sector, will have a positive impact on the tool holders market offering huge opportunities for investors.

As per the report, the global tool holders market will top US$ 1 Billion by 2019. Moreover, growing demand for high precision products with increased output capacity is propelling the demand for advance tool holders in the global market, opines FMI.

Key Market Insights at a Glance:

• The demand for tool holders is anticipated to grow at a moderate pace over the forecast period.
• Asia Pacific is estimated to hold a prominent share of the global tool holders market.
• Initiatives by regional governments are likely to encourage the movement of low-cost manufacturing towards parts of South-East Asia, thereby creating healthy growth prospects create healthy growth opportunities in Asia Pacific region.
• China will remain the largest consumer of machine tools, followed by U.S.
• The tool holders market is consolidated with Tier-1 players accounting for significant shares.
• The top three players of the market are estimated to account for more than a 50% market share.
• On the basis of types of tool holder, hydraulic tool holders segment is slated to remain a high value – high growth segment.
• In terms of end-use, general machining and fabrication and the automotive industries are likely to push maximum revenue into the tool holders market. The two end-use industries are estimated to collectively account for around 47% value share in the global tool holders market.
• BT Flange Taper will remain the most preferred taper type among CNCers, in terms of volume and value, given its high degree of accuracy and precision, in any high-speed machining operations.

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Takeaways from Competitive Landscape Analysis

• In a moderately consolidated landscape, tier-1 companies such as Kennametal Inc., Sandvil AB, and BIG DAISHOWA Group among others hold approximately 55-65 percent market share.
• Tier-2 companies, on the other hand, hold nearly 35-45 percent market share. Such companies include Guhring, Inc., CERATIZIT GROUP, KYOCERA UNIMERCO A/S, Kemmler Precision Tools GmbH, and Haimer GmbH among others.
• Key players are projected to focus on enhancing product quality by implementing new technologies, tough and long-lasting equipment and consumables materials with added features at a competitive price.
• Top companies are also looking to target major manufacturing industries such as metal fabrication and automotive by offering high cutting accuracy with increased productivity.

Key Segments

By Taper Type:

• R8
• Morse Taper
• V-Flange Taper
• BT Flange Taper

By Tool Holders Type:

• Collet Chuck
• End Mill Holders
• Hydraulic Tool holders

By Machine Type:

• CNC Machining Centre
• CNC Turning Centre

By End Use:

• Automotive
• Aerospace & Defence
• Electronic
• General Machining & Fabrication

By Region:

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

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About Us

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

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