Market Research Blog – Page 9967 – New Product Development

Drill Drivers Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032

Drill drivers Market are primarily used for drilling holes and driving fasteners and vary in size, power and speed. Traditionally, driver drills were corded or wired electrical power tools. Recently, hand-operated corded drill drivers have been witnessing a dramatic reduction in the overall adoption rate as they are being replaced by cordless or wireless battery-powered driver drills. Drill drivers find applications in utility projects, construction, machine tool fabrication, metal working and wood working. Manufacturers offer specially-designed drill drivers for miniature, space and medicinal applications.

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Drill Drivers: Market Drivers and Challenges

Significant investments in housing and construction sectors and rapid urbanization are expected to fuel the growth of the power tools market at a global level, which in turn is expected boost the growth of the global drill drivers market during the forecast period. Currently, cordless drill drivers are replacing traditional corded drill drivers. The availability of cordless drill drivers, along with the consequent high procurement trend, is estimated to propel the growth of the global drill drivers market during the forecast period. The ever-increasing utilization of drill drivers and other power tools in manufacturing and automotive sectors is also anticipated to play a major role in driving the growth of the global drill drivers market. The growing Do-It-Yourself (DIT) ethic among residential consumers is also expected to drive the growth of the global drill drivers market during the forecast period.

From an innovation perspective, manufacturers in the market are focusing on providing consumers with multi-purpose tool solutions. The availability of such multi-functional power tools facilitates the completion of multiple operations with a single tool at a relatively affordable cost. The high adoption rate featured by such advanced power tools is estimated to restrict the growth of the global drill drivers market during the forecast period. Incessant competition among tool manufacturers is also expected to challenge the growth of the global drill drivers market. The availability of cheap and less durable counterfeit power tools is another factor estimated to inhibit the growth of the global drill drivers market to some extent.

At present, traditional hand-operated drill drivers hold a prominent share in the global drill drivers market. However, drill presses are expected to register a relatively high growth rate in the global drill drivers market during the forecast period.

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Drill Drivers: Regional Market Outlook

The drill drivers market in Southeast Asia and others of Asia Pacific region is estimated to register an attractive growth rate. The ever-increasing demand for efficient hand tools such as drill drivers from various industry verticals across developing economies, such as India, is anticipated to drive the growth of the drill drivers market in the Southeast Asia and others of Asia Pacific region during the forecast period. The drill drivers market in North America is estimated to hold a significant market share, due to the high presence of manufacturers in the region, especially in the Unites States. Further, the Western Europe drill drivers market is stipulated to grow at a moderate rate as the market in the region has already attained the maturity phase. The rest of the regions including and Japan and Latin America are anticipated to account for a fair share in the global drill driver market.

Drill Drivers Market: Market Participants

Examples of some of the market participants in the global drill drivers market identified across the value chain include:

Robert Bosch GmbH

The drill drivers market research report presents a comprehensive assessment of the drill drivers 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 drill drivers market research report provides analysis and information according to market segments by type, end use and region.

The drill drivers market report covers exhaustive analysis on:

Drill drivers market segments
Drill drivers market dynamics
Drill drivers market size
Drill drivers supply & demand
Current trends/issues/challenges in market
Competition & companies involved in the market
Drill drivers technology
Value chain of market

The drill drivers market regional analysis includes:

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

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

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Drill Drivers Market: Segmentation

On the basis of type, the global drill drivers market has been segmented as:

Hand-operated
Manual
Corded
Cordless
Rotary
Drill Presses
Radial Arm
Geared Head

On the basis of end-use sector, the global drill drivers market has been segmented as:

Industrial
Household

Report Highlights:

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

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

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Mine Ventilation System Market is Expected to Generate Huge Profits by 2028

Ventilation is the control of air amount, its direction and movement. The lack of proper ventilation, often, will cause decreased productivity and lower worker efficiency, increased absenteeism and accident rates. A mine ventilation system is used for the circulation of adequate quality and quantity of air in mines.

These systems include airways, fans and control devices to restrict or direct air flow, filter the air and systems for monitoring air quantity and quality. Mine ventilation systems market are more commonly used in closed mines than open mines.

Mine Ventilation System Market: Drivers

The increasing demand for minerals globally, combined with stabilized metal prices, is expected to boost the mining industry in the coming years, which in turn is expected to drive the growth of the mine ventilation system market over the forecast period.

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Moreover, substantial investments have been made, especially in Eastern Europe, for the expansion of the mining sector. Additionally, Russia has been a prime region of focus for investors as the country has vast reserves for the abstraction of several kinds of minerals.

This, in turn, is anticipated to surge the demand for mine ventilation systems in the coming years. That apart, without the use of mine ventilation systems, machinery could be damaged, operatives could be exposed to dangerous hazards and operational activity could suffer.

This is also expected to increase the demand for mine ventilation systems over the forecast period. Furthermore, the increasing demand for mine ventilation systems from the cement industry is also projected to also drive the growth of the market in the coming years.

Mine Ventilation System Market: Restraints

The low requirement of replacement of mine ventilation systems, owing to their high cost and long life, is anticipated to be a key factor restraining the growth of the mine ventilation system market over the forecast period.

Mine Ventilation System Market: Trends

Players in the mine ventilation system market focus on research and development activities for technological advancement, which is a significant trend projected to gain traction over the forecast period. Moreover, ventilation on demand is also anticipated to gain traction in the mine ventilation system market in the coming years.

The mine ventilation system report covers exhaustive analysis on

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

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Regional analysis includes

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

The mine ventilation system report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.

The mine ventilation system report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Mine Ventilation System Market: Segmentation

The global mine ventilation system market can be segmented on the basis of design, component, and end-user.

On the basis of design, the global mine ventilation system market can be segmented as:

Primary Ventilation System
Secondary Ventilation System
Auxiliary Ventilation System

On the basis of component, the global mine ventilation system market can be segmented as:

Refrigeration Systems
Heat Exchanger
Fans
Others

On the basis of end-user, the global mine ventilation system market can be segmented as:

Mining industry
Construction industry

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Marine Trenchers Market- This is How Leading Companies Are Dominating the Global Market

A trench is a type of a depression or an excavation on the surface of earth or subsea terrain. Often, trenchers are employed as a construction equipment used to dig trenches, especially for laying electrical cables and pipes on land surface or subsea levels. In marine industry, the marine trenchers are used to make trench under the sea for laying underwater pipes or cables. The marine trenchers Market are the widely used equipment in the marine industry and can be operated from the surface through an operating system.

Furthermore, the marine trenchers can be of three types such as, pipeline ploughs which are used to lay different type of pipelines and flow lines underwater. The cable ploughs are used to lay the power cables or the optical fiber cables underwater. The rock trenchers are used to brake the rocks and make a trench in the underwater rocks. Additionally, the marine trenchers are work basically on two type of technologies including, mechanical trenchers and jet trenchers. The mechanical trenchers are conventional trenchers and used globally due to they are cost effective and have easy working.

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The jet trenchers works on hydraulic technology due to that they are more efficient and reliable. However, the jet trenchers have high initial cost and requires a skilled operator to operate the equipment. The marine trenchers generally used in oil & gas and telecom industries for various applications. Additionally, the marine trenchers are also used to lay the power cables and the optical fiber cables underwater. The optical fiber cables are used for the internet connectivity globally.

Marine Trenchers Market: Dynamics:

The oil & gas demand is continuously growing globally which is pushing the growth of oil & gas transportation and production. These factors are projected to increase the demand of marine trenchers significantly in the offshore oil & gas rigs exploration activities. Additionally, the expansion of telecommunications network and infrastructure setup is in turn expected to propel the growth of marine trenchers market.

Also, the multinational companies are investing in building their own network which is expected to drive the market of marine trenchers over the forecast period. In the future years, the growth and establishment of tidal energy infrastructure is also expected to aid the usage of marine trenchers by the infrastructure management companies.

However, the jet trenchers are subjected to high initial investment and also operating cost of the marine trenchers is high. Additionally, the marine trenchers work in a highly corrosive environment which increase its replacement rate and maintenance. That is expected to restrain the growth of marine trenchers market over the forecast period.

Marine Trenchers Market: Regional Outlook:

The North America region is expected to have a significant rate of growth in the marine trenchers market owing to growing oil & gas transportation through sea and increasing demand from multinational companies to build their own global network. In the European region the growing installation of oil & gas transportation network through North Atlantic Ocean is projected to significantly push the demand for marine trenchers in the market over the forecast period.

Furthermore, the Asia Pacific region is projected to be the most lucrative market for marine trenchers owing to increasing telecom industries in the region driving the new installation of optical fiber cables and replacement of older cables. The oil & gas transportation is also increasing in the region South China Sea which is projected to push the growth of marine trenchers market in the region. Countries like, China, India etc. are anticipated to register significant growth in the market. Latin America and Middle East & Africa region projected to show promising growth in the marine trenchers market owing to growing telecoms and oil & gas industry in the regions.

Marine Trenchers Market: Market Participants:

Some of the market participants in the global marine trenchers market are:

DeepOcean Group
Barth Hollanddrain
Modus Ltd
MIAH Inc.
Ecosse Subsea Systems
Forum Energy Technologies
Osbit
Helix Energy Solutions Group
Royal IHC
Seatools B.V.
SEA S.R.L.
Soil Machine Dynamics Ltd

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.

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The report covers exhaustive analysis on:

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

Regional analysis includes:

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

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

Marine Trenchers Market: Segmentation:

Marine trenchers market can be segmented into type, technology, end use industry and region.

On the basis of type, global marine trenchers market is segmented into:

Pipeline Ploughs
Cable Ploughs
Rock Trenchers

On the basis of technology, global marine trenchers market is segmented into:

Mechanical trenchers
Jet trenchers

On the basis of end use industry, global marine trenchers market is segmented into:

Oil & Gas
Telecommmunications
Tidal Energy

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

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Extrusion Press Market Outlook by Key Players, Industry Overview, Supply and Consumption Demand Analysis By 2032

During the prediction era, Future Market Insights adopted a multidisciplinary approach to shed light on the success and progress of the Extrusion Press Market The study poses a profound plunge into the current growth dynamics and their major revenues of 2020, with key prospects over the forecast.

Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions.

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RESEARCH REPORTS

Extrusion Press Market Overview By Increasing Demand, Potential Opportunities And Sales 2028|Tecalex,UBE Machinery Corporation, Ltd.,Eagle Extrusion Pvt. Ltd.,DANIELI,SPM Controls, Kautec Solutions.

Impact of COVID-19 on Industrial Automation Market

COVID-19 pandemic has caused a severe impact on the global economy at various levels and the impact is seen on the Industrial automation market as well. This thriving sector is expected to offset a sharp decline in sales during the lockdown when the manufacturing units experienced shutdowns and a dearth in raw materials supply and absence of human resources. Inferable from the emergency brought about by the pandemic, the production, and supply chain activities have experienced a minor slump. However, the market is expected to gradually recover post-COVID-19, which will present attractive opportunities for sales within various regions of the world in the coming years.

The analysts at Future Business Insights have leveraged extensive rounds of critical and detailed secondary research to arrive at different Extrusion Press Market forecasts and predictions, both national and international levels. They have utilized various industry-wide unmistakable business merge estimations, figures, and market information into income assessments and projections in the Extrusion Press Market.

Key Players

Extrusion Press Market: Key Participants

Some of the market participants in the global extrusion press market are:

Tecalex
UBE Machinery Corporation, Ltd.
Eagle Extrusion Pvt. Ltd.
DANIELI
SPM Controls
Kautec Solutions
Presezzi Extrusion S.p.A.
Sidhanath Hydraulics

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Segmentation

On the basis of type, the global extrusion press market has been segmented into:

Short Stroke Extrusion Press
Long Stroke Extrusion Press

On the basis of process, the global extrusion press market has been segmented into:

Direct Extrusion
Indirect Extrusion

On the basis of operating temperature, the global extrusion press market has been segmented into:

Hot Extrusion
Cold Extrusion

On the basis of material, the global extrusion press market has been segmented into:

Metals
Ceramic
Plastic

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavors to assess the current and future development possibilities, undiscovered roads, factors that shape their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

By Type

Applications
Regions Covered
Insights in the Report
Full in-depth analysis of the parent market

FMI analysts follow industry-wide, quantitative customer insights and methodologies for demand projection to produce results. The study not only provides estimations and projections but also a clear evaluation of these figures on the market dynamics.

Important changes in market dynamics

The report was curated after observing and analyzing various strategies that determine regional growth, such as the monetary, ecological, social, mechanical, and political status of the demography in question. The data on sales, output, and producers of each region has been analyzed thoroughly before producing.

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets

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Table of Content

Executive Summary

Market Overview

Key Success Factors

Global Extrusion Press Market – Pricing Analysis

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Powder Coating Guns Market Current Trends And Future Growth Estimations Outlook To 2032

Powder coating guns Market are employed in dry powder coating application. The working principle of powder coating guns is based on the attraction of opposite electric charges (positive and negative). In the powder coating guns, the powder coating particles are charged negatively and the surface which is to be coated is positively charged and through this complex metal components can be powder coated evenly with excellent adhesion.

Powder coatings do not require a solvent to keep the filler and binder parts in liquid suspension form. The powder may be a thermoset or a thermoplastic polymer. Since powder-based coating does not have a liquid carrier, it can create thicker coatings than conventional solvent-borne coatings and does not sag. The powder-based coating emits low VOC since there is evaporation of carrier fluid during the coating process.

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There are mainly two types of powder coating guns on the basis of the application process of powder coating namely Corona Powder Coating Guns and Tribo Powder Coating Guns. Tribo Powder Coating Guns charge the powder by triboelectric friction. Where the Corona style powder coating guns charge the powder coating as the powder leaves the nozzle and passes through an electric field that is created by an electrode that’s part of a corona powder coating gun.

Powder Coating Guns Market: Dynamics

The global automotive, electrical equipment manufacturing industry has been a major employer of powder coating guns. During the past few years, the manufacturing industry has witnessed a healthy surge globally. The powder coating guns market has witnessed strong growth over the years due to the broadly regulated paints and coating market around the globe.

Breakneck expansion of Powder Coating Guns in order to serve the rising demand owing to growing end-use industry coupled with increasing investments by governments of all regions in energy sectors will boost the business landscape of Powder Coating Guns.

The Powder Coating Guns market is expected to grow with a healthy CAGR and it is primarily driven by the increasing demand for automobile, consumer electronics, furniture and rising need for protective and low friction coating in various verticals such as aerospace and shipbuilding industry. Also, the regulatory restriction imposed on solvent-based coating is also expected to impact the powder coating market positively, in turn, boosting the powder coating guns market over the forecast period.

Powder Coating Guns Market: Market Participants

Some of the market participants operating across the value chain of the global Powder Coating Guns market are:

WAGNER SYSTEMS INC.
Gema Switzerland GmbH
Nordson Corporation
Mitsuba Systems India Private Limited
The Eastwood Company
Statfield Equipments Pvt. Ltd.
SAMES KREMLIN
Wagner GmbH
MS Oberflächentechnik AG
Asahi Sunac Corporation
Koryo Coating Machine Industrial Co. Ltd.

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

Powder Coating Guns Market: Segmentation

Based on the Process of coating, the Powder Coating Guns market can be segmented as follows:

Corona Powder Coating Guns
Tribo Powder Coating Guns

Based on the type, the Powder Coating Guns market can be segmented as follows:

Craftsman Gun
Wagner Sprint X
Harbor Freight
Gema Optiflex 2
Nordson Encore XT
Eastwood Gun
Hotcoat Dual Voltage

Based on the Sales Channel, the Powder Coating Guns market can be segmented as follows:

Direct Sales
Indirect Sales
Online Sales

Based on the application, the Powder Coating Guns market can be segmented as follows:

Automotive
Architectural
Consumer goods
General industries
Furniture
Others (Aerospace, Marine)

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Drum Handling Equipment Market 2022-2032 Research Covers,by Future Market Insights, Inc.

Global Drum Handling Equipment Market demand is anticipated to be valued at US$ 2.5 Billion in 2022, forecast to grow at a CAGR of 6.29% to be valued at US$ 4.6 Billion from 2022 to 2032. The growth of the Drum Handling Equipment Market is attributed to its global utilization across the Industrial Automation industry.

Drum handling equipment refers to a piece of mechanical equipment or tool that is used to securely grip, lift and transport cylindrical modules such as steel drums, barrels, plastic drums and fiber drums. It consists of spring-loaded metal arms that create a tight and secure grip.

This equipment is commonly used in chemical and petroleum industries, as well as industries that require shipping and storing of cylindrical modules. In the rubber tire and tube industry, a drum handler may also refer to a worker who primarily removes drums of rubberized fabric wrapped between layers of canvas for separation from the bias cutter and rolls the drums to the tire-building department, returning empty drums and canvas liner for rewinding.

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Asia Pacific is considered to be a dominant region for the Drum Handling Equipment Market, owing to the increasing industrialization in the region.

The major factor that is expected to propel the growth of the Drum Handling Equipment Market during the forecast period includes increasing investments by the major manufacturers for carrying out R&D activities in the field of drum handling equipment.

The factor that is expected to hinder the growth of the Drum Handling market during the forecast period includes the limited adoption of drum handling equipment in small scale industries.

What are the Challenges Faced by the Drum Handling Equipment Industry?

The major factor that is expected to hamper the growth of the Drum Handling Equipment Market during the forecast period includes the limited adoption of drum handling equipment in small scale industries.

How is Asia Pacific emerging as an Opportunistic Drum Handling Equipment Market?

Asia Pacific has a widely spread Drum Handling market, owing to the increasing industrialization in the region. In addition, China and India have been witnessing unprecedented industrial development in the past couple of decades, which in turn is expected to create lucrative opportunities for the Drum Handling market in the region during the forecast period.

Moreover, growing demand for materials handling equipment in the fast-growing industrial economies of Asia Pacific is another major factor for the market growth in the region. Additionally, Asia Pacific Drum Handling market is expected to expand at a 5% CAGR during the forecast period.

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Key Segments Profiled in the Drum Handling Equipment Industry Survey

Equipment Type:

Drum Lifter
Drum Tilter
Drum Handling Dollies
Drum Trolley
Drum Fork Lift Attachment
Drum Care Attachment
Drum Palletizer
Drum Stacker
Others

Type:

Mechanical Drum Handling Equipment
Hydraulic Drum Handling Equipment

Capacity:

Drum Handling Equipment Less than 30 Gallon Drums
Drum Handling Equipment from 30 to 55 Gallon Drums
Drum Handling Equipment Above 55 Gallon Drums

Application:

Metal Drum Handling Equipment
Plastic & Fiber Drum Handling Equipment

End Use Industry:

Drum Handling Equipment for the Chemical Industry
Drum Handling Equipment for the Oil & Petrochemical Industry
Drum Handling Equipment for Food & Beverages
Drum Handling Equipment for the Pharmaceutical Industry
Drum Handling Equipment for Logistics & Warehousing
Drum Handling Equipment for Other End Use Industries

Region:

North America
Latin America
Western Europe
CIS & Russia
APEJ
Japan
Middle East & Africa

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Evaporative Air Cooler Market Research, Segmentation, Key Players Analysis and Forecast to 2028

An evaporative air cooler Market controls the surrounding temperature through the dissipation of water molecules. When water molecules dissipate in air, the result is a blend of air and water molecules. This change requires heat; subsequently, latent heat is taken from the environment, thereby dropping the temperature of the surrounding.

Evaporative air coolers are easy to use and cool their surroundings through the dissipation of water and heat. Unlike traditional air conditioner systems, evaporative air coolers require outside air and work best with open windows and entryways.

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They are appropriate for homes, showrooms, shops, workplaces and particularly where entryways are opened and shut as often as possible – a noteworthy advantage over ordinary climate control systems. Plus, they consume less power and produce no emission.

Evaporative Air Cooler Market: Drivers and Challenges

Evaporative air cooler is a common and old technology in evaporative cooling. The residential sector, warehouses and commercial kitchens are the major end-users of evaporative air coolers. Hence, during the forecast period, the residential sector is anticipated to witness substantial demand for evaporative air coolers, particularity for portable evaporative air coolers.

However, stationary evaporative air coolers are also expected to witness sustained demand in the market as they can be installed on walls and thus, spare floor space. Further, evaporative air coolers are cost effective, which makes them the ideal solution in residential and small-scale industries.

The installation of central evaporative air coolers in a data center is an emerging trend in the evaporative air cooler market, and the growing IT sector is estimated to contribute significantly to the demand for evaporative air coolers in the coming years.

Evaporative Air Cooler Market: Market Participants

The global evaporative air cooler market is estimated to be fairly fragmented due to the presence of a large number of global as well as local manufactures. Examples of some of the market participants in the global evaporative air cooler market identified across the value chain include:

Bajaj Electricals Ltd
Honeywell International Inc.
Hessaire Products, Inc.
Seeley InternationaL Pty Ltd.
Symphony Limited
Aolan (Fujian) Industry Co., Ltd.
Fujian Jinghui Environmental Technology Co., Ltd
Luma Comfort
Phoenix Manufacturing
De’Longhi Appliances S.r.l.
Khaitan
AirGroup

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Evaporative Air Cooler: Market Segmentation

On the basis of type, the global evaporative air cooler market can be segmented into:

Stationary Evaporative Air Cooler
Central Evaporative Air Cooler
Portable Evaporative Air Cooler

On the basis of function, the global evaporative air cooler market can be segmented into:

Automatic
Semi-Automatic

On the basis of application, the global evaporative air cooler market can be segmented into:

Residential
Commercial
Industrial

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Behavioral Biometrics Market is expected to reach ~US$ 11.2 Bn by the end of 2031 | Get comprehensive report from FMI

As per Future Market Insights (FMI), The global behavioral biometrics market revenue totaled ~US$ 1.1 Bn in 2020, according to Future Market Insights (FMI). The overall market is expected to reach ~US$ 11.2 Bn by 2031, growing at a CAGR of 23.6% for 2021 – 31.

Behavioral biometrics is an emerging technology that authenticates users based on patterns in their behavior. Behavioral biometric verification methods include gait analysis, keystroke dynamics, voice ID, signature analysis, mouse use characteristics, and cognitive biometrics.

Behavioral biometrics can be used to digitally identify a person to grant access to systems, devices, or data. It is used to identify criminal behavior and stolen/fake identities in the application flow and during online sessions. Continuous identity verification & validation helps to prevent account takeovers by detecting aberrant behavior.

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The security industry is increasingly adopting behavioral biometrics cloud-based software to gain significant benefits such as scalability, robustness, user-friendly access, low cost, reduced complexity, and a granular level of fraud detection and ensure the security of information. These solutions can help companies to improve their safety features and safeguard organizational data by allowing access to authorized persons.

Key Takeaways from Behavioral Biometrics Market Study

Identity verification & validation applications will account for more than 32% of the market, owing to higher demand of online transactions.
Behavioral biometrics software will reflect higher adoption rates holding 59.8% of the market, supported by enhanced security systems requirements of industry end users.
India, and Indonesia are leaders in the South Asia & Pacific market, registering a CAGR of over 38% and 34% through 2031, on the back of growing business requirements.
The market in the U.S. is projected to expand at a CAGR of 17.0% through 2031 backed by presence of a mature business sector.
pplications of Intelligent Transportation System (ITS) technologies is highly
encouraged in emerging smart cities to handle the current challenges of the continuous
growth in the number of vehicles that ply the highways in urban center
pplications of Intelligent Transportation System (ITS) technologies is highly
encouraged in emerging smart cities to handle the current challenges of the continuous
growth in the number of vehicles that ply the highways in urban center
Applications of Intelligent Transportation System (ITS) technologies is highly
encouraged in emerging smart cities to handle the current challenges of the continuous
growth in the number of vehicles that ply the highways in urban centers

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“Key players are focusing on the development and implementation of new solutions/technologies including next-generation identification solutions and behavioral biometrics technology to offer better security and high protection. Recent improvements in real-time authentication & fraud prevention will create opportunities for growth in the foreseeable future,” says a Future Market Insights (FMI) analyst.

Impact of COVID-19 on Behavioral Biometrics Market

The COVID-19 outbreak has disrupted many industries, including the behavioral biometrics market. The integration of behavioral biometrics technology is an important tool for tackling advanced threats while enabling innovation and growth at a better time.

The adoption of digital banking increased during COVID-19 pandemic. Financial institutions saw a 200%-250% increase in digital channel usage on average. Also, advanced fraud attacks have become an even bigger threat for banking and financial institutions.

The demand for behavioral biometrics software, human behavioral patterns, smart sensors, machine learning/deep learning, and biometric technologies increased during the lockdown implemented in response to the COVID-19 outbreak.

This is fueled the demand for behavioral biometrics. The behavioral biometrics market is grew by 4.8X from 2019-2020 and would see a surge in demand in the coming years, as enhanced security systems become the new norm.

Behavioral Biometrics for Continuous Authentication to Have Positive Impact on the Market

A continuous behavioral biometrics authentication system focuses on keystroke dynamics, application usage, mouse movements, and the system footprint. Behavioral biometrics with continuous authentication offers various applications such as stop account takeovers and automated attacks, verifying identity reliably for superior user experience, and strong customer authentication without sacrificing customers and others.

Integration of behavioral biometrics with customer services management applications has emerged as a prominent driver for the growth of the behavioral biometrics market. For instance, in December 2020, Plurilock has developed the behavioral biometrics infrastructure with significant optimizations for a new version of biometric technology, which is included in its Plurilock ADAPT multifactor authentication and Plurilock DEFEND continuous authentication solutions.

Behavioral Biometrics Market – Competitive Landscape

Implementation of behavioral biometrics facilitates secure authentication in financial institutions, businesses, government facilities and retail Point-of-Sale (POS), and in other environments. Behavioral biometric verification methods include keystroke dynamics, gait analysis, voice ID, mouse use characteristics, signature analysis and cognitive biometrics.

For instance, October 2021, BioCatch, a leading behavioral biometrics company launched behavioral biometric software to protect vulnerable segments of the population against fraud. The software is a new account opening protection capability that’s focused on shielding elderly consumers from fraudulent practices.

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Behavioral Biometrics Market Outlook by Category

By Solution, Behavioral Biometrics Demand is segmented as:

Behavioral Biometrics Software
- Cloud-Based
- On-Premise
Services
- Professional Services
  - Consulting Services
  - Implementation Services
  - Support & Maintenance
- Managed Services

By Application, Behavioral Biometrics Outlook is segmented as:

Identity Verification & Validation
Fraud Prevention
Multi-factor Authentication
Others

By Enterprise Size, Behavioral Biometrics Outlook is segmented as:

Small and Medium-sized Enterprises (SMEs)
Large enterprises

By Industry, Behavioral Biometrics Demand is segmented as:

Banking, Financial Services and Insurance (BFSI)
Retail and eCommerce
Healthcare
IT & Telecom
Government and Defense
Others

By Region, Behavioral Biometrics Sales is segmented as:

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

https://theprose.com/post/530127/deep-tech-market-current-and-future-trends-leading-players-segments-and-regional-forecast-2022-2032-says-fmi-analyst

https://posteezy.com/deep-tech-market-recent-trends-demand-dynamic-innovation-technology-insights-2022-2032

https://kaalama.org/read-blog/197553

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Regulatory Reporting Solutions Market is Developing at a CAGR of 14.7% from 2022 to 2032 | Data analysis by FMI

The regulatory reporting solutions market revenue totaled ~US$ 4.5 Bn in 2021. The regulatory reporting solutions market is expected to reach ~US$ 20.2 Bn by 2032, growing at a CAGR of 14.7% for 2022 – 2032.

According to the regulatory reporting solutions market analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 14.7% from 2022-2032.

The report states that the market is expected to reach the valuation of ~US$ 5.1 Bn by the end of 2022. As per FMI, intelligent data analysis and reporting present an opportunity to identify trends and better mitigate inherent risks.

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New regulatory regimes may lead to a more proactive approach to regulations. Regulatory processes have become streamlined due to adoption of regulatory reporting solution and it provides regulators a real-time data. Enterprises are using technology like Apache Spark for real-time data analysis and monitoring.

Banks in the process of financial intermediation are confronted with various kinds of financial and non-financial risks viz., credit, interest rate, foreign exchange rate, liquidity, equity price, commodity price, legal, regulatory, reputational, operational, and others.

These risks are highly interdependent and events that affect one area of risk can have ramifications for a range of other risk categories. Thus, top management of banks should attach considerable importance to improving the ability to identify, measure, monitor, and control the overall level of risks undertaken.

The broad parameters of risk management function should encompass risk management policies approved by the Board, which should be consistent with the broader business strategies, capital strength, management expertise and overall willingness to assume risk; guidelines and other parameters used to govern risk taking including the detailed structure of prudential limits; well laid out procedures, effective control and comprehensive risk reporting framework.

Such activity infuses and affects the regulatory reporting structure. To fulfill such advanced banking data processing is increasing the sales of regulatory reporting solutions across the banking sector.

Key Takeaways: Regulatory Reporting Solutions Market

By solution, the regulatory reporting software segment is anticipated to account for the leading share in the global demand for regulatory reporting solutions during the forecast period. However, the cloud-based segment is estimated to grow at a robust CAGR of 18.3% through 2032.
By Industry, the securities & investments segment is anticipated to increase at a CAGR of 18.5% between 2022 & 2032.
Europe is expected to lead the market followed by North America in 2022. Europe is anticipated to emerge as the fastest growing region between 2022 & 2032.
The market in Germany is expected to progress at a CAGR of around 21.4% through 2032.
In U.K., the regulatory reporting solution market is expected to grow by 5.7X during the forecast period.
Regulatory reporting solution market in China is estimated to witness the absolute opportunity of US$ 744 Mn in the forecast period.

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Increasing Digital Transactions in Multiple Dimensions and Increased Demand for RegTech Solutions

Increasing demand for online payment modes in bank transactions, e-commerce transactions, and individual money transactions has created a huge database of transactions, which is difficult to maintain manually by financial service companies. Banking and insurance service companies are facing a very complex and dynamic regulatory environment.

The compliance teams face challenges in determining the relevance of these changes and their compliance. Hence, regulatory technology solutions help financial service companies to overcome these challenges, which in turn is projected to fuel the demand for regulatory technology solutions during the forecast period.

The major driver in the market is the rising need for compliance and risk management solutions among financial institutions. As cases of fraudulent activities are rising, the need for the adoption of better compliance and effective solutions has increased.

To enhance work efficiency and lessen compliance costs, regulatory technology is the best solution. Hence, these drivers will lead to substantial growth of the regulatory reporting solution market.

Also, the emergence of digital currencies such as cryptocurrency and increasing investment activities across the U.S., India, the U.K., and China is expected to facilitate the market’s growth.

Increase in Number of Financial Fraud Cases and Stringent Government Regulations

Numerous amendments, rules, and regulations have led financial institutions to adopt solutions such as regulatory technology solutions to automate and streamline complex compliance activities and workflows, thus propelling the growth of the regulatory reporting solutions market across the globe.

The rising NPAs, fraud cases, and money laundering have pushed governments and financial institutions to impose many regulations while taking loans or transferring money. These regulations are designed to protect government entities and financial institutions from any fraudulent activities and provide safe and uninterrupted financial services to their customers.

The efficient financial data management coupled with increasing demand for maintaining records is anticipated in the near future. Additionally, enhanced performance in maintaining these reports coupled with better workflow management also creates demand for new generation regulatory reporting solutions.

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More Valuable Insights on Regulatory Reporting Solutions Market

Future Market Insight’s report on the regulatory reporting solutions market research is segmented into three major sections – solution (regulatory reporting software, and services), industry (banks, insurance, wealth & asset management, securities and investments, and others), and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa), to help readers understand and evaluate lucrative opportunities in the regulatory reporting solutions demand outlook.

Competitive Landscape

Regulatory reporting solutions market players are focusing on various strategies for increasing their investments in research and development to support future technologies. In addition, several companies are acquiring and entering into partnership with other companies to develop their own regulatory reporting solutions to serve their customers and reduce the churn rate

In August 2021, Regnology entered into partnership with Revoult to expand the usage of the Abacus360 Banking solution for its additional regulatory reporting function in U.K.
In August 2021, Adenza AxiomSL, entered into collaboration with JWG, a trusted financial services regulatory intelligence company.

Regulatory Reporting Solutions Outlook by Category

By Solution, Regulatory Reporting Solutions Demand is segmented as:

Regulatory Reporting Software
- Cloud-based
- On-premises
Services
- Managed Services
- Professional Services
  - Consulting
  - Risk & Compliance
  - Implementation & Integration
  - Support & Maintenance

By Industry, Regulatory Reporting Solutions Outlook is segmented as:

Banks
Insurance
Wealth & Asset Management
Securities & Investments
Others

By Region, Regulatory Reporting Solutions Sales is segmented as:

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

https://community.tradetheday.com/post/deep-tech-market-research-report-by-type-by-production-technology-by-applic–6357df99c859786eda7c95a8

https://jibonbook.com/read-blog/2945

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SOC-as-a-Service Market Growing at a High CAGR of 24.3% from 2022 to 2032 Get holistic data report by FMI

As per a recent analysis by Future Market Insights (FMI), the global SOC-as-a-Service market is projected to total US$ 1.08 Bn in 2021. Expanding at 24.3% CAGR, total revenue is anticipated to reach US$ 9.5 Bn by 2031.

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global SOC-as-a-Service Market: Global Industry Analysis, Forecast. Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

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Rising incidence of data breach and cyber-attacks in small, medium, and large scale enterprises across the globe is spurring the demand for effective SOC-as-a-Service solutions. Prevalence of remote work culture due to worldwide lockdown restrictions is resulting in high risk for cybercrimes and phishing.

Key Points Covered in SOC-as-a-Service Market Survey

Market estimates and forecast 2016-2031
Key drivers and restraints impacting market growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on SOC-as-a-Service and how to Navigate
Recommendation on Key Winning Strategies

Competitive Landscape

Companies operating in the SOC-as-a-Service market are aiming at product innovation and strategic partnerships with other manufacturers to expand their product portfolios to address the demand from an expanding customer pool. Fos instance:

In December 2020, Alert Logic, Inc. launched automated response solution for Amazon Web Services (AWS) environments. Alert Logic MDR SOAR delivers pre-built and customized playbooks ensure security teams to protect organizations from threats.

In December 2019, Fortinet, Inc. acquired CyberSponse. This acquisition helps the company to improve security orchestration, automation, and response addition to Fortier. Also it empowers security operations teams to achieve higher efficiencies and accelerate incident response.

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Queries Solved

What is the size of the overall SOC-as-a-Service Market in the Technology Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the SOC-as-a-Service Market in the Technology Industry, and how they are expected to impact the market?
What is the SOC-as-a-Service Market in the Technology Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in SOC-as-a-Service Market in the Technology Industry?

Segmentation

The SOC-as-a-Service market is segmented into application, form, end use industry, source and geography.

Based on Service Type:

Prevention Service
Detection Service
Incident Response Service
Others

Based on Application:

Network Security
Endpoint Security
Application Security
Others

Based on Industry:

BFSI
Healthcare
Government and Public Sector
IT and Telecom
Retail
Manufacturing
Others

https://community.homingo.com/post/deep-tech-market-segmentation-and-analysis-by-recent-trends-consumption-by—6357df8d2f5d347bd0d74a66

https://stinger.live/read-blog/13207

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