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Rainscreen Cladding Market Competitive Growth Strategies Based on Type, Applications, End User & Regional Forecast 2022 to 2032

The global rainscreen cladding market is expected to reach a market valuation of US$ 135.89 Billion by the year 2022, accelerating with a moderate CAGR of 7% by 2022 to 2032. Rainscreen cladding market size is anticipated to be valued at about US$ 267.32 Billion by 2032 end.

The demand for rainscreen cladding structures is projected to be fueled by the increased need for the aesthetic appeal of new and refurbished buildings as well as protection against fire, precipitation, and air. The rainscreen cladding market is projected to increase because to the growing need for improved moisture management and energy-efficient building solutions.

Additionally, rainscreen cladding aids in reducing thermal movement through the wall and hot and cold air flow, preventing overheating in the summer and assisting in the maintenance of a warm and constant interior temperature in the winter. This is driving the demand for rainscreen cladding.

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The rainscreen cladding market is anticipated to be driven by rising consumer demand for products with better moisture control capabilities and energy efficiency. In addition, both established and developing countries are seeing an increase in the development of non-residential structures like offices and institutions as well as a change in the trend toward safeguarding outside walls. The COVID-19 crisis-induced economic downturn has resulted in poor investor confidence and a fall in industrial operations, which has hindered the rainscreen cladding industry’s ability to grow.

The demand for rainscreen cladding is increasing as a result of changing consumer trends toward the protection of outside walls in residential, commercial, and non-residential structures, including workplaces and institutions.

The inability of rainscreen cladding solutions to handle air pressure gradients is a significant flaw in their design. The surface of a cladding wall would be exposed to strong wind forces if the exterior of the wall is not airtight. Airflow and moisture are confined to wall cavity chambers, which is generated between these furring strips, and are the principal drawbacks of a normal end-use industry for rainscreen cladding. The air does not cross between the compartments. This is restraining the rainscreen cladding market growth.

Key Takeaways from Market Study

In 2021, the terracotta raw material market held the largest rainscreen cladding market share, accounting for more than 35.5 percent of worldwide revenue. In 2021, the rainscreen cladding market was headed by the official construction industry, which brought in 33 percent of the total income. In 2021, the market was headed by the Europe region, which generated more than 30.5 percent of worldwide revenue. Due to an increase in the construction of new power plants, social infrastructure, commercial projects, and shale gas exploration activities, the demand for rainscreen cladding in North America is anticipated to increase significantly during the forecast period.

Competitive Landscape

The rainscreen cladding market is quite competitive because there are so many regional and international companies. The obstacles for the market’s incumbent players are changes in the pricing of raw materials and the strategy of new competitors. The keys to surviving in a competitive climate are ongoing R&D and cutting-edge process practises.

In order to maintain competitiveness and bring down the price of rainscreen cladding overall, major competitors in the rainscreen cladding market are concentrating on mergers, acquisitions, and joint ventures. Players provide structural planning and installation services to meet consumer demand for cutting-edge rainscreen cladding solutions for structures.

Recent Developments in Rainscreen Cladding Market

In response to demand from architects and specifiers looking for distinctive façade systems, Proteus Facades, a renowned supplier of high-quality rainscreen cladding systems, announced its debut into the U.S. rainscreen cladding market in April 2021. This next expansion for the business, which has a history of providing rainscreen cladding for some of the most well-known construction projects in the UK, was motivated by significant investment in its production capabilities and demand for unusual façade designs. For up to US$ 87.77 million in December 2021, Brickability Group acquired Taylor Maxwell Group, one of the UK’s top suppliers of wood and façade solutions to the building industry. By bringing timber and cladding to the Group through the acquisition of Taylor Maxwell, Brickability will be able to provide a wider choice of products, and its competitive advantage in certain markets will allow for possible organic growth in the future.

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Rainscreen Cladding Market by Segmentation

By Raw Material:

Fiber Cement Composite Material Metal High-pressure Laminates Terracotta Ceramic Others

By Application:

Residential Commercial Official Institutional Industrial

By Region:

North America Latin America Europe East Asia South Asia Oceania Middle East and Africa

Drum Pump Market Research by Key players, Type and Application, Future Growth Forecast 2022 to 2032

The global drum pump market is expected to be worth US$ 503.6 million in 2022. Drum Pump sales are expected to grow at a CAGR of 6.2 percent between 2022 and 2032, totaling US$ 921.0 million. Between 2016 and 2021, demand for Drum Pumps increased at a 5.7% value CAGR.

Industrialization is accelerating in both developed and developing countries, driving up demand for oil and lubricants. Oil, lubricants, and other liquids are stored in tanks, drums, and barrels, among other containers.

A drum pump is a portable, lightweight solution for emptying liquids from tanks, drums, and barrels. Drum pumps are ideal for moving lubricating and corrosive liquids such as diesel oil, gasoline, engine oil, vegetable oil, milk, hydraulic oil, acid, alcohol and other lubricating and corrosive liquids.

When filled into a drum or barrel, many industrial fluids become very heavy. When the liquid is outside the drum or barrel, the manufacturer should use a drum pump rather than tipping to retrieve it. Drum pumps are in high demand in a variety of industries, and this demand is expected to rise during the forecast period.

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Because it reduces the possibility of spillage or waste, as well as the possibility of injury or accident to the operator, the drum pump is the best solution for emptying liquid from tanks. The drum pump is the preferred method of removing liquid due to its numerous advantages.

Drum Pump – Market Dynamics

Growth in demand of the drum pump market is expected to raise muscularly for numerous reasons. One of the significant factors contributes towards the growth of the drum pump is growing demand by the various industry including oil, chemical, milk, and lubricant etc. Industries import and export the liquids in the big container rather than the small container for saving the shipping and transportation cost.

For dispensing the liquid from big container industries prefer drum pump, so it drives the drum pump market positively. It allows speedy transfer of liquid without spillage it is another factor which contribute to the growth of the drum pump market. Moreover, drum pump saves considerable time, resources & manpower for dispensing the liquid and allow flow control at outlet through the ball valve, they also participate in the growth of the drum pump market.

The demand of the drum pump market is expected to witness an above average growth due to increase in the demand for drum pump by various industry.

Drum Pump – Market Segmentation

Globally, the drum pump market can be segmented on the basis of product type, by material and by application. On the basis of product type drum pump market is segmented into Electric driven, Hydraulic, Rotary / Manual pump, Pneumatic, and others. On the basis of material type drum pump market is segmented into plastic and metal. The plastic segment is sub-segmented into Chlorinated Polyvinyl Chloride (CPC), Polypropylene (PP), Polyvinylidene Fluoride (PVDF) and others.

The metal segment is sub-segmented into Stainless steel, cast iron, aluminium, and others. On the basis of application type drum pump market is segmented into Petroleum industry, Chemical plants, Food processing plants, Manufacturing plants, Automotive industry, wastewater treatment, laboratories etc.

Drum Pump Market – Regional Outlook

The drum pump market can be segmented into North America, Latin America, Europe, Middle East, Africa and Asia Pacific. North America is anticipated to be the largest market for the drum pump market, primarily driven by manufacturer preference towards drum pump which acts as cost-effective and efficient dispenser tools for variety of liquid. Latin America also has a good presence in the drum pump market.

Furthermore, Eastern Europe followed by the Middle East is anticipated to be the second largest marketfor the drum pump. The recent development in the drum pump market has shifted its production base to the east, especially in Asia, the emerging players from China, India and Middle East have started taking the market share in the drum pump industry.

Drum Pump Market – Key Players

Few of the major players identified across the globe in the drum pump market are Fluidyne Instruments Pvt. Ltd., FLUX, Kecol Pumping Systems Ltd,Iwaki Pumps Australia Pty Ltd, JESSBERGER GnbH, Finish Thompson Inc., Lutz Pumps, Inc, NZ Pump Company Inc, Graco etc.

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.

The report covers exhaustive analysis on

Market Segments Market Dynamics Market Size Current Trends/Issues/Challenges Competition & Companies involved Value Chain

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Key Segments Covered in the Drum Pump Industry Analysis

Drum Pump Market by Product Type:

Electric Driven Drum Pumps Hydraulic Drum Pumps Rotary / Manual Drum Pumps Pneumatic Drum Pumps Other Drum Pump Types

Drum Pump Market by Material Type:

Plastic Drum Pumps Chlorinated Polyvinyl Chloride (CPC) Polypropylene (PP) Polyvinylidene Fluoride (PVDF) Others Metal Drum Pumps Stainless Steel Cast Iron Aluminium Others

Drum Pump Market by Application:

Drum Pumps for the Petroleum Industry Drum Pumps for Chemical Plants Drum Pumps for Food Processing Plants Drum Pumps for Manufacturing Plants Drum Pumps for Automotive Industry Drum Pumps for Wastewater Treatment Drum Pumps for Laboratories

Drum Pump Market by Region:

North America Drum Pump Market Latin America Drum Pump Market Europe Drum Pump Market Asia Pacific Drum Pump Market The Middle East & Africa Drum Pump Market

Amorphous Metal Cores Market Outlook, New Business Opportunity & Demand Analysis 2022 to 2032

The market for amorphous metal cores is expected to grow at a 7.5% CAGR from 2022 to 2032, rising from US$ 781.6 Million in 2022 to US$ 1610.90 Million by 2032. The amorphous metal cores market is expected to show promising growth prospects between 2022 and 2032.

Amorphous metal cores, also known as vitreous metals, have a glassy or non-crystalline appearance. High-performance transformers are built with amorphous metal cores. Low conductivity of amorphous metal cores aids in the reduction of eddy currents in the core body. Because amorphous metal cores lack anisotropic properties, they exhibit excellent magnetic behaviour, such as low iron loss and high saturation magnetic flux density with high permeability.

Distribution transformers typically use amorphous metal cores. In terms of end use, amorphous metal cores are commonly preferred in renewable energy systems such as solar power and wind energy because they typically operate with low load conditions ranging from 20 to 40%. For more than 20 years, amorphous metal cores have been used in liquid-filled transformers, and this technology is now becoming popular in dry type transformers as well.

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Amorphous Metal Cores Market: Dynamics

The amorphous alloy in the iron core of transformer significantly reduces energy costs and helps increase electrical characteristics while reducing the level of CO2 emissions. Power transmission equipment manufacturers today are searching for a technology that saves energy and reduces their operating cost. This has encouraged amorphous metal cores manufacturers to develop optimized and energy efficient products for use in distribution transformers. Normally, 10% of total electricity generated by an electric company is lost during the distribution and transmission process. Thus, distribution transformers consisting of amorphous metal cores help save a significant amount of energy and cost. Other uses that benefit from amorphous metal cores include output filter chokes in large Switched-Mode Power Supply (SMPS), power factor correction chokes in UPS systems and high-power lamp ballasts.

The initial costs of amorphous metal cores are relatively higher as compared to crystalline silicon steel owing to certain beneficial properties such as lower saturation magnetic flux density of amorphous steel than that of silicon steel, which is mostly preferred by transformer manufacturers. This results in high cost per unit of large sized amorphous core transformers. Although, it’s increased energy efficiency and low operational costs throughout the lifetime of transformer, could help compensate its high initial costs. Therefore, despite of high costs, the above mentioned factors are estimated to boost the market demand for amorphous metal cores in the coming years.

On the flip side, amorphous metal cores shows various limitations which may curb the market growth. Hardness along with reduced thickness makes slitting and shearing difficult. Moreover, the brittleness property of amorphous metal cores has also made it un-friendly to the transformer manufacturers. Due to these limitations, the amorphous metal core technology has been limited at present to very few customers across geographies.

Amorphous Metal Cores: Regional Market Outlook

With U.S. agreeing to expand the production of amorphous metal core transformers in order to achieve efficient distribution & transmission of electricity, the global amorphous metal cores market is projected to witness lucrative growth opportunities in North America. In addition, since U.S. has the highest per capita electricity consumption ratio in the world, government and utility companies are taking various initiatives to introduce energy efficient transforming solutions, which is estimated to accelerate the growth of amorphous metal cores market during the forecast period.

Moreover, regions such as East Asia and South Asia are also estimated to witness lackluster growth driven by major installations of amorphous metal core transformers in India and China. The recent electrification projects are heavily investing in energy efficient technology which is expected to drive the growth for amorphous metal cores market over the slated time period.

The European countries are also facing an upsurge in the amorphous metal cores market. For instance, Spanish utility companies have started to import the amorphous metal core transformers and is also promoting in-house manufacturing of the same with local manufacturers.

Amorphous Metal Cores: Market Key Players

Some of the prominent market participants in the global amorphous metal cores market include the following players:

Hitachi, Ltd. Advanced Technology & Materials Co., Ltd. Zhaojing Incorporated Qingdao Yunlu New Energy Technology Co., Ltd. China Amorphous Technology Co.,Ltd ENPAY Mangal Electrical Industries Pvt. Ltd. KOTSONS Pvt. Ltd. Usha Amorphous Metals Ltd. Ti-Electronic

The amorphous metal cores research report presents a comprehensive assessment of the amorphous metal cores 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 amorphous metal cores research report provides analysis and information according to market segments, such as geographies, application, and industry.

The Amorphous Metal Cores report covers exhaustive analysis on:

Amorphous Metal Cores Market Segments Amorphous Metal Cores Market Dynamics Amorphous Metal Cores Market Size Amorphous Metal Cores Supply & Demand Current Trends/Issues/Challenges in the Amorphous Metal Cores Market Competition & Companies involved in the Amorphous Metal Cores Market Amorphous Metal Cores Technology Value Chain of the Amorphous Metal Cores Market

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Key Segments Profiled in Amorphous Metal Cores Market

By Product Type:

E Core C Core Others

By Application:

Iron Based Cobalt Based

By End Use:

Invertors Transformers Others

By Region:

North America Latin America Western Europe Eastern Europe Asia Pacific Japan Middle East & Africa

Diaphragm Coupling Market: Overview with Geographical Segmentation & Revenue 2022 to 2032

The global diaphragm coupling market is expected to be worth US$ 547.3 million in 2022 and US$ 772.3 million by 2032, growing at a CAGR of 3.5 percent. The expansion of end-use industries is related to growth. Between 2016 and 2021, the diaphragm coupling market grew at a CAGR of 3.1 percent.

Originally designed and manufactured for helicopter drive shafts, diaphragm couplings were redesigned for general industrial and commercial purposes in the global market as technology advanced.

The diaphragm coupling has the distinct advantage of employing a special profile that is characterized by its flexibility against compression and bending as well as high torsional rigidity to achieve maximum torque transmission. Diaphragm couplings are manufactured and designed to connect perfectly between high-speed shafts in any industrial application on the global market.

In actual operating conditions, these couplings can be attached between high speed shafts and have a maximum speed of approximately 100,000 rpm and a maximum torque of 2,700 KN-M. Diaphragm couplings have earned a solid reputation in the global market among a variety of end-use industries as the ideal type of coupling for high load torque, high speed, light weight, and no lubrication.

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Additionally, owing to the essential flexibility characteristics, diaphragm couplings have the capacity to absorb misalignment due to low bearing loads. Hence, diaphragm couplings are finding increasing applications and are largely recognized to be important for compressors and turbines of higher capacity and speed as well as other rotating equipment and machineries for steel, aircraft, commercial & industrial power generation and manufacturing industries in the global market.

Diaphragm Coupling Market: Dynamics

Certain notable factors enhancing the growth of the diaphragm coupling market are growing urbanization & industrialization globally and the need for enhancement of safety features for high speed rotating equipment. The demand for diaphragm couplings in the global market is estimated to grow with a positive growth rate in the coming years across key geographies.

Attributing to the increased number of industrial fatalities and damage to equipment globally, prominent emphasis is being given to improve the interconnection of high speed drive shafts, which in turn is anticipated to fuel the overall growth of the global diaphragm coupling market in the near future.

Latest innovation and development in the global market have led to the introduction of high speed and high torque capacity diaphragm couplings, which is estimated to drive the growth of high accuracy diaphragm couplings in the global market.

The metal diaphragm couplings segment is expected to hold a noticeable value and volume market share, which is estimated to propel the demand for the global diaphragm coupling market, due to the stringent government rules imposed on high speed equipment and the increasing efforts to reduce the production cycle time.

The escalating cost of diaphragm couplings and their corresponding technology, united with changing prices, are some of the key restraints contradicting the growth of the global diaphragm coupling market.

Diaphragm Coupling Global Market: Regional Outlook

APEJ is estimated to dominate the global diaphragm coupling market with a prominent market value share, the segment is expected to expand with a noteworthy CAGR over the forecast period in the global market. Growing economies, such as China, India and ASEAN countries, are estimated to contribute heavily to the increasing growth of industrialization in the APEJ region.

Furthermore, the market for diaphragm couplings in this respective region is expected to grow at a good pace during the forecast period. The manufacturing industry is one of the fastest growing industries in the global market. The transition from farming to manufacturing is still the way for higher productivity and growing living standards in developing economies.

These factors are estimated to propel the demand for the global diaphragm coupling market in the near future. Diaphragm couplings need to be maintained and checked regularly for effective operation in adverse operating conditions and this will drive the diaphragm coupling components market over the forecast period

Diaphragm Coupling Market: Market Participants

Examples of some of the market participants in the global diaphragm coupling market are:

Altra Industrial Motion Corp. Eagle Industry Co., Ltd. Voith GmbH Unique Transmission (India) Pvt. Ltd. Regal Beloit Americas, Inc. John Crane Rexnord Corporation WUXI TRUMY Transmission Engineering Co., Ltd. RBK Drive Elements KTR Systems GmbH

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.

The report covers exhaust analysis on

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

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Key Segments Profiled in the Diaphragm Coupling Industry Survey

Diaphragm Coupling Market by Mode:

Single Diaphragm Coupling Double Diaphragm Coupling

Diaphragm Coupling Market by Material Type:

Metal Diaphragm Coupling Plastic Diaphragm Coupling Other Diaphragm Coupling Material Types

Diaphragm Coupling Market by Application:

Diaphragm Coupling for Compressors Diaphragm Coupling for Generators Diaphragm Coupling for Pumps Diaphragm Coupling for Turbo-Machinery Diaphragm Coupling for Marine/Offshore Platform Diaphragm Coupling for Other Applications

Diaphragm Coupling Market by Region:

North America Diaphragm Coupling Market Latin America Diaphragm Coupling Market Europe Diaphragm Coupling Market Asia Pacific Diaphragm Coupling Market Middle East and Africa Diaphragm Coupling Market

Rotary Indexer Market Outlook, Current and Future Landscape Analysis 2022 to 2032

The global rotary indexer market is expected to be worth US$ 800 million in 2022, rising at a CAGR of 3.2% from 2022 to 2032 to be worth US$ 1,096.16 million. Growth is being driven by increased demand for silicone elastomers, particularly in the automotive and construction industries.

A rotary indexer is a piece of rotatory motion equipment that produces intermittent movement. Rotary indexers are widely used in automated assembly machines, and choosing the right mechanism is critical for both minimising component costs and maximising performance. Rotary indexers are primarily used in various machining operations such as drilling, tapping, milling, contouring, and spiral milling to ensure accurate and dependable positioning of medium parts.

Rotary indexers have a variety of features, including controlled acceleration and deceleration, shaft or flange output, smooth motion, repeatable and accurate positioning, quick setting time, and high speed and high load capability. In general, there are two types of rotary indexers on the market: precision ring drive and compact ring drive.

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Global Rotary Indexer Market: Dynamics

The global rotary indexer market is expected to be primarily driven by growth in automotive and electronics industries across the globe. Rotary indexers are most widely adopted in automated welding, medical packaging and assembly cutting systems. In the recent past, there has been a growing trend towards automated welding, supported by the rising demand from end-use industries for welding products across the globe.

Prominent manufacturers involved in the global rotary indexer market are focusing on the introduction of precision rotary indexers to cater to numerous end-users across the globe. For instance, in the recent past, Nexen Group introduced the MRS (Motor Ready Sealed) precision rotary indexer. The high roller pinion-to-gear ration allows users to directly drive the system with the addition of a servo motor. The aforementioned factors are found to be the key trends identified in the global rotary indexer market across the globe.

Global Rotary Indexer Market: Regional Outlook

North America, led by the United States, is anticipated to hold a substantial share in the global rotary indexer market during the forecast period. Growth in electronics and automotive assembly units across the U.S. is expected to assist the sales of rotary indexers in North America. The Europe rotary indexer market is expected to be next in line, followed by Asia-Pacific.

Sales of rotary indexers in Asia-Pacific, led by China, Japan and India, is expected to grow at a significant pace in the near future. Middle East & Africa and Latin America are expected to account for small shares in the global rotary indexer market over the forecast period; however, the demand is expected to grow at a significant rate over the forecast period.

Global Rotary Indexer Market: Participants

Examples of the key players involved in the global rotary indexer market include A Dover Company, WEISS North America, Inc., Sankyo Automation, Nexen Group Inc., TAKTOMAT, TAN TZU Precision Machinery Co., Ltd., Colombo Filippetti S.p.A., Haas Automation, Inc., Quality Vision International Inc., Cam Division System (Bettinelli group), Hardinge Inc. and others.

Key manufacturers involved in the manufacturing of rotary indexers are primarily focusing on the introduction of precision indexers and the expansion of their precision rotary indexer lines. A precision rotary indexer provides various benefits as compared to conventional rotary indexers such as high torque, high precision, high acceleration and zero backlash, low maintenance and long life.

The global rotary indexer market is anticipated to be partly fragmented in nature since prominent manufacturers are expected to hold major shares in the market.

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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Key Segments Profiled in the Rotary Indexer Industry Survey

Rotary Indexer by Type:

Heavy Duty Rotary Indexer Light Duty Rotary Indexer

Rotary Indexer by End Use Industry:

Rotary Indexers for Automotive Rotary Indexers for Electronics Rotary Indexers for Medical & Healthcare Rotary Indexers for Pharmaceuticals

Rotary Indexer by Application:

Rotary Indexers for Machine Tools Rotary Indexers for Semiconductors Rotary Indexers for Automated Welding Rotary Indexers for Medical Packaging Rotary Indexers for Robotics Rotary Indexers for Assembly Cutting System

Rotary Indexer by Region:

North America Rotary Indexer Market Latin America Rotary Indexer Market Western Europe Rotary Indexer Market Eastern Europe Rotary Indexer Market APEJ Rotary Indexer Market Japan Rotary Indexer Market Middle East & Africa Rotary Indexer Market

Chilled Water Storage System Market Size, Share, Demand & Growth during Forecast 2022 to 2032

The global chilled water storage system market is anticipated to be valued at US$ 155.0 Million in 2022, forecast to grow at a CAGR of 6.9% to be valued at US$ 302.2 Million from 2022 to 2032. Growth is attributed to increasing demand in end-user industries such as petrochemical, oil & gas, pharmaceutical, and food & beverages. From 2016-2021 a CAGR of 2.7% was registered for the biscuit mixes market.

The chilled water storage system is a type of TES (Thermal Energy Storage), which is a popular technique for implementing demand-side energy management strategies. It is used to store water at temperatures ranging from 4.40 to 5.60 degrees Celsius using conventional chillers.

Chilled water storage systems are available in sizes ranging from one to several hundred tonnes. They are also used in residential, commercial, and industrial construction. They are also intended for commercial projects larger than 500,000 square feet that have space for a chilled water storage system. They are classified into three types based on water storage and mixing: multiple tank systems, single tank systems, and single tank systems.

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The chilled water storage system market is being driven by rising demand in a variety of end-use industries, including petrochemical, oil and gas, pharmaceutical, and food and beverages. Other factors driving growth in the chilled water storage system market include the installation of new cooling systems in industries, increased demand from power generation plants, and rising demand for low-cost, energy-efficient products.

Furthermore, the chilled water storage system market is expected to benefit from an increased focus on green buildings and the renovation of old-constructed buildings to green buildings.

Also, some factors such as significant demand for free cooling, storage cooling solutions, growing use of efficient air cooling systems, etc. can be considered trends in the industry. Power generation, automotive manufacturing, petrochemical processing, and similar sectors are influencing the market demand for chilled water storage systems, owing to the growing awareness of new techniques among end-users.

Market Competition

Some of the key participants present in the global chilled water storage system market include Wessels Company, Cool Water Technologies, Cooling Tower Systems, Inc., Delta Cooling Towers, Inc., Johnson Controls., Brentwood Industries, Inc., Paharpur Cooling Towers Limited, Berg Chilling Systems Inc., Liang Cooling Tower Sdn Bhd and King Sun Industry Co. Ltd. & Horus Air Moving Co. Ltd. among others.

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Key Segments Profiled in the Chilled Water Storage System Industry Survey

Chilled Water Storage System Market by Type:

Stratified Tank Chilled Water Storage Systems Multiple Tank Chilled Water Storage Systems Diaphragm Tank Chilled Water Storage Systems

Chilled Water Storage System Market by Application:

Chilled Water Storage System for Food Processing & Storage Chilled Water Storage System for Industrial, Commercial and Residential Applications Chilled Water Storage System for Healthcare & Pharmaceuticals Chilled Water Storage System for Petrochemical Processing Chilled Water Storage System for Petroleum & Natural Gas Refining Chilled Water Storage System for Power Generation and Automotive

Chilled Water Storage System Market by Region:

North America Chilled Water Storage System Market Latin America Chilled Water Storage System Market Europe Chilled Water Storage System Market Asia Pacific Chilled Water Storage System Market Middle East and Africa Chilled Water Storage System Market

Compositing Equipment Market Size, Share, Trends & Growth Analysis during Forecast 2022 to 2032

The composting equipment market is expected to be worth US$ 120.0 million in 2022, rising at a CAGR of 3.4% to US$ 168.1 million by 2032. Consumer lifestyle changes are credited with growth.

Composting machinery is used to produce fertiliser and rich soil conditioner (humus) from organic resources such as animal waste, municipal sludge, animal corpses, and food by-products. Organic composting equipment uses organic materials that are placed in an environment with enough oxygen, nitrogen, and water.

Composting equipment of many varieties is used to produce compost for plant nourishment and commercial applications. Composting equipment is developed and built to industry specifications. A range of small-scale composting equipment can be used for a number of applications, including golf courses, universities, hospitals, restaurants, shopping malls, and so on, due to their quick processing and small size.

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One of the major factors expected to accelerate the growth of the composting equipment market during the forecast period is the growing agriculture sector as a result of government investment in developing countries such as China, India, and Brazil. Other macroeconomic factors driving the composting equipment market globally include emerging economies such as Brazil, China, and India, rising employment rates, and changing consumer lifestyles.

Moreover, the global composting equipment market is also driven by rapidly growing manufacturing industry, owing to a high demand of composting equipment across the globe. In addition, significant demand for the composting equipment for residential purpose is also one of the major driving factors which help to grow the composting equipment market across.

Other factors expected to boost the composting equipment market during the analysis period include rapidly rising industrialization around the world, high demand for composting equipment for industrial applications such as high fibre composting, tunnel composting, and so on.

Key Takeaways:

The compositing equipment market is a growing industry that is driven by the increasing demand for high-quality visual effects and animation in the entertainment industry. Here are some key takeaways about the compositing equipment market:

Growth: The compositing equipment market is expected to continue to grow over the next few years, driven by the increasing demand for high-quality visual effects in movies, TV shows, and commercials. As technology continues to advance, compositing equipment is becoming more accessible and affordable, which is also driving growth in the market. Software Dominance: Software dominates the compositing equipment market, with companies like Adobe, Blackmagic Design, and Foundry leading the way. These companies offer a wide range of compositing software tools, from entry-level options to more advanced tools used by professionals in the industry. Hardware Improvements: Hardware improvements are also driving growth in the compositing equipment market. As computers and workstations become more powerful, they can handle more complex compositing tasks, which is allowing artists to create more sophisticated visual effects and animation.

Market Competition

Some of the key participants present in the global Composting Equipment market include Midwest Biosystems, Inc., Compost systems, Kollvik Advanced Composting Solutions, Green Mountain Technologies, and BDP Industries, among others.

Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as Midwest Biosystems, Inc., Compost systems, and Kollvik Advanced Composting Solutions account for a considerable market size, several regional level players are also operating across key growth regions, particularly in North America.

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Key Segments Profiled in the Composting Equipment Industry Survey

Composting Equipment Market by End Use:

Commercial/Residential (Small- Scale) Composting Composting Toilet German Mound Ecuador Composting Method Sheet Composting Vermicomposting Container Composting Trench Composting Hot Container Composting Industrial (Large Scale) Composting Equipment Aerated Static Pile Composting Windrow Composting In-vessel Composting Mechanical & Biological Treatment High Fiber Composting Tunnel Composting Vermicomposting

Composting Equipment Market by Product Type:

Compost Containers Compost Turners Compost Bins Compost Tumblers

Composting Equipment Market by Region:

North America Composting Equipment Market Latin America Composting Equipment Market Europe Composting Equipment Market Asia Pacific Composting Equipment Market Middle East & Africa Composting Equipment Market

Motorized Decoiler Machine Market Size, Share, Demand & Growth during Forecast 2022 to 2032

The worldwide motorized decoiler machine market is anticipated to be worth US$ 4.6 million by 2032. The motorized decoiler machine market is expected to grow at a 3.8% CAGR from 2022 to 2032. According to FMI research, the global Motorized decoiler machine market will be worth US$ 3.2 million in 2022.

Because of expanded global production, the global manufacturing industry has been a key employer of motorized decoiler machines. As a result, the global motorized decoiler machine market is in great demand.

In addition to reducing the amount of human effort in unrolling and straightening heavy metal reels, these motorized decoiler machines also provide a higher feed rate for the various machines in use. Moreover, with the increasing use of automation in industries, decoiler machines have found their way into manufacturing as well.

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Key Takeaways

Over the past few years, a healthy increase can be seen in production industry which has led to the increased manufacturing demands for motorized decoiler machines worldwide. It is not feasible to unroll and straighten heavy metal reels manually, so motorized decoilers are used as an alternative way to ease human effort. In addition, they are useful for feeding various machines in process at high rates. Growing automation in industries has made it possible to install decoilers in manufacturing facilities, propelling sales of motorized decoiler machines. Decoiler machines come in different sizes with different configurations based on the material type, size and gauge, which is widely used in paper pulp, textile and metal production industries. With the introduction of automation in decoiling machines, their reliability has improved, driving the growth of the motorized decoiler machine market. Motorized recoilers can handle heavy reel loads and provide high production rates. North America and Europe are projected to remain dominant in decoiler machine installations with CAGRs of 17.0% and 15.0%, respectively. Metal consumption has increased significantly over the last two decades due to the global industrial production boom.

Competitive Landscape

Swi Engineering, The Formtek Group, Worcester Presses Ltd., Dongguan City Haiwei Intelligent Equipment Incorporated Company, Fabbrica Impianti Macchine Industriali S.p.A, Reef Engineering And Manufacturing Co. (Pty) Limited, Vaspo Vamberk, Ltd., Metalforming Inc., Wuxi Zhenqun Machinery Manufacture Co., Ltd., Acier Equipment, Bluesky Machine Co., Ltd., Jiaozuo Mengxin Special Steel Co., Ltd., Dongguan City Haiwei Intelligent Equipment Incorporated Company, Shanghai Baosheng Machinery Equipment Co. Ltd. are some of the key companies profiled in the full version of the report.

Some of the leading companies operating in the global motorized decoiler machine market are focusing on producing a wide range of high-capacity and precision levelers, sheet metal processing machines, deburring machines, and coil lines for manufacturers worldwide, propelling the growth of the motorized decoiler machine market.

More Insights into the Motorized Decoiler Machine Market

In the latest report, FMI offers an unbiased analysis of market insights on motorized Decoiler machines covering sales outlook, demand forecast & up-to-date key trends. The market is segmented on the basis of Operating Load (less than 5 Ton (< 5 Ton), 5 ton to 10 Ton (5 Ton – 10 Ton), above 10 Ton (> 10 tons)), a number of heads (Single head, Dual Head, Multi-Head), drive (Electric, Hydraulic), material stock (Strip Decoilers, Sheet Decoilers, Wire/ Pipe Decoilers), end-use industry (Machine and equipment manufacture, Automotive, HVAC and duct manufacturing, Stamping, Sheet steel processing industry), region (North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa).

According to the FMI projections, North America and Europe are anticipated as the dominant countries accounting for the highest growth during the forecast period from 2022 to 2032 with accelerating growth rates of 17.0% & 15.0% respectively.

Due to the large manufacturing and metal processing sectors present in the Asia Pacific, the market for motorized decoiler machines is expected to dominate the overall market. China, India, and South Korea are estimated to be the largest markets for motorized decoiler machines.

Reducing the amount of human effort in unrolling and straightening heavy metal reels, the motorized decoiler machines emerged as a great replacement and provides a higher feed rate for the various machines in use. Moreover, with the increasing use of automation in industries, decoiler machines have found their way into manufacturing.

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Key Segments Profiled in the Motorized Decoiler Machine Market

By Operating Load:

less than 5 Ton (< 5 Ton) 5 ton to 10 Ton (5 Ton – 10 Ton) above 10 Ton (> 10 tons)

By Number of Heads:

Single head Dual Head Multi Head

By Drive:

Electric Hydraulic

By Material Stock:

Strip Decoilers Sheet Decoilers Wire/ Pipe Decoilers

By End Use Industry:

Machine and equipment manufacture Automotive HVAC and duct manufacturing Stamping Sheet steel processing industry Others

By Region:

North America Latin America Western Europe Eastern Europe Asia-Pacific Japan Middle East and Africa

High Voltage Switchboard Market: Key Players, Applications, Outlook, SWOT Analysis & Forecast 2022 to 2032

The global high voltage switchboard market is anticipated to be worth US$ 2.9 billion in 2022. From 2022 to 2032, consumption is predicted to expand at a 5.2% CAGR, reaching a valuation of US$ 4.8 billion. Rising energy demand, as well as growing demand for mining, power production, and maritime applications, will drive market expansion.

As the power generating and transmission sector (which includes both industrial and commercial uses) develops, so will the demand for high voltage switchboards. The industrial sectors of East Asia are among the strongest in the world, with South Korea dominating shipbuilding and China dominating manufacturing.

The increased focus on increasing renewable energy installed capacity, combined with rising global electricity demand, is driving utilities to invest in electricity transmission and distribution networks. As high voltage switchboards are used to safely distribute power in electrical systems, demand will skyrocket.

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‘Rising investments in the energy and utilities sector to improve energy supply across remote locations will fuel the adoption of high voltage switchboards. In addition to this, growing demand from the marine sector foe effective energy distribution will augment the growth in the market over the forecast period,’ says an FMI analyst.

Key Takeaways:

Based on application, the commercial segment will account for more than 37% of the total market share by 2032. In terms of product type, sales of fusible switchboards will increase at a CAGR of 2% through the forecast period. By connection location, the front connected segment is projected to create an absolute dollar opportunity worth US$ 7 Million in between 2022 to 2032. Based on voltage rating, the 480 to 600 volts segment is anticipated to gain 300 bps points through 2032. The India high voltage switchboard market is expected to create an absolute dollar opportunity of US$ 148 Million. The U.S. will account for 77.7% of the North America high voltage switchboard market in 2022.

Competitive Landscape

ABB, Eaton, Schneider Electric, Rockwell Automation and Siemens are some of the leasing manufacturers operating in the global high voltage switchboard market. The high voltage switchboard market is moderately consolidated, with leading players accounting for more than 63% of the total market share. These players are investing in new technology developments, expansion of their distribution networks, and tie-ups with prominent end-users to improve sales.

About FMI – Industrial Automation

About FMI –The Industrial Automation division of FMI offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial and special purpose machinery across manufacturing sector and distinctive analysis about installed base, consumables, replacement, USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustain, grow and identify new revenue prospects.

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Key Segments Covered in High Voltage Switchboard Industry Analysis

By Application:

Industrial Mining Power Generation Manufacturing and Process Industries Others Commercial Marine

By Product Type:

Fusible Switchboards Draw-out Molded Case Switchboards Commercial Metering Switchboards

By Connection Location:

Front Connected Rear Connected Rear and Front Connected

By Voltage Rating:

Up to 480 V 480 to 600 V

By Region:

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

Image Based Barcode Reader Market Competitive Growth Strategies Based on Type, Applications, End User & Regional Forecast to 2030

According to Future Market Insight's recently published report, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030.

Rapid adoption of Industry 4.0 has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing throughout the manufacturing sector. This has enabled businesses to streamline asset tracking and monitoring, resulting in a surge in the use of barcode readers.

Concerns about the spread of a new coronavirus have prompted end-users to use barcode readers to ensure contactless transactions between individuals. Retailers use this technology to analyse user data and expand their customer base via virtual platforms. Similarly, airports use QR codes to filter visitors and track contact information.

According to these trends, the use of image-based barcode scanners is only expected to grow in the forecast period.

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“Mushrooming online business activities will lay a red carpet for the image based barcode reader manufacturers to walk smoothly towards better revenue prospects,” concludes an FMI analyst.

Key Takeaways from FMI's Image Based Barcode Reader Report

Retail and commercial sector shall capture 33% of the overall revenue share Global image based barcode reader market shall surge at a CAGR of 7% between 2020 and 2030 North America is the market hegemon, capturing nearly 28% of the revenue share Smartphone based scanners are acquiring immense popularity due its high degree of convenience Image based barcode readers sales will surge by 2020-end, attributed to heightened ICT spending, valued at US$ 689 Bn

Image Based Barcode Reader Market- Key Trends

Barcode readers mounted automated robots are becoming mainstream across the retail and commercial sectors Smartphones with sophisticated barcode readers such as Android 9 and Apple 13 are immensely catapulting revenue prospects 2D-based image barcode scanners are acquiring high traction owing to their ease of operability Intensive marketing campaigns by leading players is helping them carve a foothold within the landscape Holding capacities are expected to witness an uptick of nearly 2000 data characters, ranging from supply chain management figures to inventory stocks

Image Based Barcode Reader Market- Region-wise Analysis

East Asia exhibits tremendous growth potential in the coming years, with China & Japan experiencing the maximum expansions Countries such as the United States have already attained maturity, being used for a hassle-free shopping experience South Asia shall expand 2.4x during the 2020-2030 forecast period

Image Based Barcode Reader Market- Competitive Landscape

The image based barcode reader vendors are capitalizing on the trend of surging QR-code popularity to acquire a competitive edge over others. Prominent companies such as L'Oréal, Nissan, Tesco, PayPal and Starbucks are all leverage QR-codes to enhance customer experiences.

Kaspersky, for instance, has launched its QR code reader and scanner which is compatible with Apple and Android phones. Its scanner prohibits any access to unsecure links, thus making at an extremely safe application. Similarly, Google Playstore and Apple Store provide the Bar-Code reader which allows copy pasting on the web and export on Google drive.

Know More about Image Based Barcode Reader Market

A new market research report published by Future Market Insights (FMI) on the global image based barcode reader market report provides extensive insights into the market demand trends and analysis of opportunities over the forecast period. The report analyzes the image based barcode reader market through seven different segments – imaging type, product type, end use, technology, connectivity, sales channel, and region. The image based barcode reader market report also offers in-depth assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the manufacturing of image based barcode readers and product adoption across several end-use industries.

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Image Based Barcode Reader Market Taxonomy

Imaging Type

1D Image/Code Scanning 2D Image/Code Scanning

Product Type

Portable/Handheld Scanners Rugged Scanners PDS Scanners Smart Phones Automatic Readers Cordless Scanners Fixed-Position Scanners Stationery Scanners Presentation Scanners

End-Users

Retail and Commercial Manufacturing Automotive F&B Semiconductors General Manufacturing Others Healthcare Logistics & Warehouse Commercial Aviation Defense Others

Technology

S Mounted Lens C Mounted Lens Autofocus/Liquid Based Lens

Connectivity

USB Bluetooth Wi-Fi PoE (Power over Ethernet)

Sales Channel

Online Offline

Region/Country

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