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Showing posts from March, 2022

Global Gaskets And Seals Market Is Anticipated To Hold A Market Value Of USD 102 Bn By 2026

  Multiple manufacturing processes adopted across diverse industrial verticals are all contingent upon efficiency of engineering equipment & systems. The need to improve operability of such systems can be met with the use of gaskets & seals – devices that help connect multiple surfaces & systems to complete a mechanical workflow. Apropos a latest report published by Future Market Insights, the global demand for gaskets & seals is projected to surge at a steady rate during the forecast period 2016-2026. The report estimates that in 2016, more than US$ 60 Bn worth of gasket & seals were sold across the globe. Key projections compiled in the report predict that global gaskets & seals revenues will surpass US$ 100 Bn by the end of 2026, registering a value CAGR of 5.4%. The report, titled “ Gaskets and Seals Market: Global Industry Analysis and Opportunity Assessment, 2016-2026 ,” further projects that in 2017 and beyond, the demand for non-metallic gaskets & s

Positive Displacement Pumps Market valuation expected to reach US$ 153.0 Mn by 2031

  Global  positive displacement pump market  is set to be valued at over US$ 2.6 Bn in 2021, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report forecasts the market to expand at around 4% CAGR between 2021 and 2031. Growing need in the oil and gas and water distribution sectors has led to increasing demand for positive displacement pumps. Applications in the power generation and chemical sectors have played important roles in the last five years between 2016 and 2020. FMI predicts a healthy growth rate for the oil and gas industry in economies such as China, India, the Middle East and Africa. Positive displacement pumps are important equipment used for ensuring accurate and repeatable transportation and pumping operations. Market leaders are investing in refineries for oil-based products to increase their regional presence and market share. Positive displacement pumps have seen a significant rise in demand over the last few year

Global High Pressure Processing Equipment Market Is Anticipated To Surpass Market Value Of USD 430 Mn By 2026

  In its latest report, Future Market Insights (FMI) has identified few of the major trends governing the overall  market for  high pressure  processing equipment  (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market trajectories currently. Hiperbaric S.A — Most Successful Player in Recent Years According to the report, Hiperbaric S.A a prominent manufacturer of high pressure processing equipment is the current leader in the global market as the company’s hold over the North American region is substantially strong. FMI’s Insights on Growth Factors FMI indicates that the growing demand for processed, packaged and ready-to-eat food products worldwide is encouraging the use of high pressure processing equipment in food and beverage industry. Growing health concerns and increasing awareness amongst co

Global Mobile Cranes Market Is Set To Expand At Nearly 6% CAGR During 2021-2031

  Global mobile crane sales are in recovery phase, mimicking broader cues in the heavy equipment category. The uncertainty surrounding construction sector continues to impact new sales although long-term prospects remain positive. The updated edition of ‘ Mobile Cranes Market ’ study by ESOMAR-certified firm Future Market Insights recalibrates the previous findings, adjusting the forecast for COVID-19 impact. According to the study, recovery in construction, shipping, and oil & gas will be key to mobile crane sales in 2021. Vaccination programs and optimism that China and India may not be heading for a second pandemic wave have raised hopes of a recovery in 2021. However, the slowdown induced by the pandemic will entail a long road to recovery, and in FMI’s survey with manufacturers and stakeholders, this sentiment was palpable. China Remains a Key Market for Mobile Crane Manufacturers Early recovery and lowering fears of a second wave have given China an edge over US and Europe in

Poultry Keeping Machinery Market Is Projected To Increase At A CAGR Of 3.6% And Attain A Valuation Of US$ 6.54 Bn By 2028

  The newest market research study by Future Market Insights on poultry keeping machinery finds that the market was valued nearly at US$ 4.5 Bn in 2021, and is projected to grow by ~3% CAGR during the forecast period of 2022-2029. The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping machinery market. The  poultry keeping machinery market  has a high potential to grow in regions such as Latin America, Asia Pacific excluding Japan and North America, according to the study. Significant product innovation over the next decade with advanced technologies meeting regulations and animal welfare norms are expected to emerge as a product differentiator for the market. Automation of agricultural and farm equipment and demand for advanced and cost-effective poultry keeping machinery from new poultry farms have increased significantly. Growing demand for progressive products is imposing pressure on the manufacturers to deliver

A competitive growth strategy for the US plastics to fuels market based on type, application, end user and region

  The US plastics-to-fuels market is estimated to generate US $ 42.78 million in revenue in 2015 and could reach US $ 98.26 million in 2020. Plastic-to-fuel technology is expected to become a game changer in the energy market.  There are three revenue models in the US plastics to fuels market. Revenue from selling processors Revenue from the sale of fuel manufactured using waste plastic processors Revenue from royalties earned by sharing unique technology. US Plastic-to-fuel Market-Factors and Trends The global need for alternative fuel technology due to the depletion of natural resources, and the increasing use of plastics, are one of the major drivers of the plastic-to-fuel market.  Increasing the generation of waste plastic requires recycling technology that not only converts waste into combustible fuels that meet environmental standards, but also reduces landfill waste. The availability of abundant raw materials combined with its low cost (sometimes zero cost) attracts more player

Industrial PC Market Increasing At A CAGR Of 6% Over The Forecast Period 2022-2032

  The  industrial PC market  size  was worth US$ 5 billion in 2021 and is expected to reach US$ 9.4 billion by 2032, increasing at a CAGR of 6% over the forecast period as indicated by the  industrial PC market report  by FMI. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-14310 Automation, digitization, and other technological innovations propel the global industry forward as increased focus on automation and IoT, IPCs are primarily used in electronics and semiconductors, aerospace and military, and automotive manufacturing. Industrial PC manufacturers are aggressively using the Industrial Internet of Things (IIoT) across various industries to maximize their resources and prices, which opens many  industrial PC market opportunities.  This enables them to automate production operations and generate a large volume of manufacturing data utilizing industrial PCs for data collection and management over a vast network

Global Industrial Automation Market To Reach A Valuation Of US$ 51 Bn By 2026

  According to the  industrial automation market  analysis  by Future Market Insights (FMI), the market is poised to attain a CAGR of 7% during the forecast period 2022-2032. The industrial automation market growth can be attributed to rising demand for real-time data analysis across geographies and increased adoption of cutting-edge technology across end-use industries to improve performance. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-14308 The significance of predictive maintenance and asset management solutions, which provide users with better visibility into their equipment condition, is accelerating the demand for industrial automation solutions. The efficient flow of information across different units in an industry allows for the most efficient conversion of raw materials to finished goods, highlighting the significance of the connected enterprise system, which augurs well for industrial automation mar

Global Machine Control System Market Growth Is Expected To Register A Healthy CAGR Of 8% During Period With An Estimated Valuation Of US$ 13.6 Bn By 2032

  In 2021, the  demand for machine control systems  was valued at US$ 4 billion, and it is predicted to increase at an annual pace of 8% over the forecast period. As per  machine control system market  analysis , the growing demand for precision in heavy machinery control and navigation is projected to fuel market expansion. Get | Download Sample Copy with Graphs & List of Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-14270 Machine control systems  reduce field and machine downtime while allowing for more efficient resource utilization. Failure of heavy gear at a building site can create delays in operations and result in significant financial losses. Machine control specialists  ensure that construction equipment is precisely monitored and controlled, resulting in optimized performance and quicker quality assurance on the job site. As a result, investing in machine control systems promises to save time, eliminate budget overruns, and lower machine maintenance