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Business Industrial Goods

Excessive Growth Opportunities Estimated To Be Experienced By Thermoelectric Cooler Market During 2021-2031

Introduction

The global market for thermoelectric coolers has been expanding on account of the unique phenomenon of heat sink that is used in these coolers. The heat-sink mechanism helps in removal of heat of orders as high as 1000 watt, and this is important consideration for their usage across several industries. Scientific laboratories use thermoelectric coolers for a range of functions including forensic research and medical research. The presence of a minimal temperature for several telecommunications operations has also led to an increased demand within the global market for thermoelectric coolers.

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The domain of submarines is massive, and the use of thermoelectric coolers in this field is a testimony to the affluence of the global market for thermoelectric coolers. Furthermore, cooling within railroad cars is also done by installing thermoelectric coolers in its system. Besides this, the field of semiconductor manufacturing also deploys thermoelectric coolers in order to maintain the require temperature. Wine cabinets, tissue preparation and storage, restaurant portion dispenser, parametric amplifiers, and stir coolers are some other areas wherein the use of thermoelectric coolers is indispensable.

Key Market Segments

  • By Model
    • Single Stage
    • Multi Stage
  • By Design
    • Special Design
    • Standard Design
  • BY END-USER INDUSTRY
    • Consumer Electronics
    • Telecommunications
    • Automotive
    • Others

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Thermoelectric Coolers in the Automotive Industry – Significant Demand for TE Coolers

Thermoelectrics are largely used in the automotive industry for cooling or heating of vehicle seats. Owing to efficient cooling provided by thermoelectric coolers, car seats in the rear and front can be individually cooled depending on the preference of the occupant. This delivers custom comfort to each person in the vehicle.

Moreover, with growing trend of hybrid electric vehicles (HEV), the demand for thermoelectric coolers is expected to grow in the following years. Hybrid electric vehicle batteries need effective cooling solutions that stabilize temperature during vehicle run. Thermoelectric cooler offer maximum cooling that controls the battery temperature and delivers maximum performance, given any external condition or environment. This is expected to support the sale of thermoelectric coolers in the coming years.

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Growth in Consumer Electronics Sector to Influence Sales of Thermoelectric Coolers in the Following Years

Consumer electronics industry has been expanding at a significant rate with increasing use of smart electronic devices, increasing digitalization and changing lifestyle. In consumer electronics, thermoelectric coolers are typically used in cooling of telecom devices, central processing units, battery thermal management and kiosk cooling. The growing adoption of these consumer goods is expected to aid the growth in sales as well as demand for thermoelectric coolers in the coming years. In addition, companies are providing refrigerated (POP) Point Of Purchase displays, for instance II-VI Marlow, for various commercial vendors.

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Business Industrial Goods

Flow Calibration Equipment Market Set to Surge Significantly During 2031

Flow Calibration Equipment Market Forecast and CAGR

According to the latest research by Fact.MR, Flow calibration equipment market is projected to witness growth of ~5.8% CAGR during 2021-2031. Demand for flow calibration equipment will witness steady recovery in the short term, with a bright growth view in the long run.

Demand for Flow Calibration Equipment is estimated to have tremendous growth from the end use industries where Aerospace & Defense, telecommunication, and Automobile will have enormous growth trajectory in the assessment period. Owing to this the sales of flow calibration equipment will gain traction.

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Who are the Key Manufacturers and Suppliers of Flow Calibration Equipment?

  • TriNova INC.
  • TrigasFI GmbH
  • Schneider Electric
  • Lambda Square
  • Intertek
  • Honeywell
  • Fluke Calibration
  • Endress+Hauser
  • Emerson Electric
  • Badger Meter
  • ABB
  • Ametek Inc.
  • ESSCO Calibration Laboratory
  • Keysight Technologies Inc.
  • General Electric
  • Laboratory Testing Inc.
  • Micro Precision Calibration Inc.
  • Mechanical Calibration Services Inc.
  • Siemens AG
  • SIMCO Electronics

Flow Calibration Equipment Market 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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Segmentation:

  • Flow Calibration Equipment Market is Segmented Based on Type:

    • Rotometers
    • Thermal Mass Flowmeters
    • Turbine Meters
    • Others
  • Flow Calibration Equipment Market is Segmented Based on End-Use Industry:

    • Electronics
    • Industrial
    • Automotive
    • Food & Beverage
    • Manufacturing
    • Aerospace & Defense
    • Scientific Laboratories
    • Laboratories
    • Clinical Laboratories
    • Others
  • Based on geographic regions, flow calibration equipment market is segmented as follows:

    • North America
      • US & Canada
    • Latin America
      • Brazil, Mexico, Argentina & Rest of Latin America
    • Europe
      • Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
    • East Asia
      • China, Japan, South Korea
    • South Asia
      • India, Thailand, Malaysia, Indonesia and Rest of South Asia
    • Oceania
      • Australia and New Zealand
    • Middle East and Africa
      • GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
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Industrial Goods

Dozer Blade Market Estimated to Flourish at by 2028

Dozer Blade Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028

An exclusive market study published by Fact.MR on the Dozer Blade market offers insights related to how the market is projected to grow over the forecast period (2019-2029). The objective of the report is to enable our readers to understand the various aspects of the Dozer Blade market and assist them to formulate impactful business strategies.

Furthermore, the different factors that are expected to influence the current and future dynamics of the Dozer Blade market are discussed in the presented study.

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Dozer Blade Market: Key Participants

Examples of some of the market participants operating in the global Dozer blades market are:

Rockland Manufacturing Company, LEON Mfg. Company Inc., HOLARAS Hoopman, Dymax Inc, CWS Industries (Mfg) Corp., Henke Manufacturing, Grouser Products, Kenco.

The dozer blade market 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.

Dozer Blade Market: Regional Outlook

In the Asia Pacific region, countries, such as China and India, hold significant share in global agricultural production. Also certain countries, such as Nepal and Myanmar, are dependent on the agriculture sector as this sector holds dominant share in these countries’ GDP.

Also increasing population has boosted urbanization in the Asia Pacific region, which has pushed the growth of the construction industry.

Owing to the above factors, the Asia Pacific makes a promising market for dozer blades. Brazil is one of the leading countries in terms of global agricultural production and the construction industry is also following an upward trend in the Latin America region due to which Latin America is anticipated to be a potential region in the dozer blades market.

North America & Western Europe will also be prominent regions in the dozer blades market due to high agriculture activities and increased infrastructural development. Middle East & Africa will collectively make a strong market for dozer blades due to the increased agricultural and construction activities.

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Dozer Blade Market: Segmentation

The global dozer blade market can be segmented on the basis of shape, type, vehicle type, sales channel and application.

The global dozer blade market is segmented on the basis of shape into:

  • Straight Dozer Blade
  • Angled Dozer Blade
  • Semi-U Shaped Dozer Blade
  • U- Shaped Dozer Blade

The global dozer blade market is segmented on the basis of blade type into:

  • Standard Dozer Blade
  • Stage Dozer Blade
  • Special Purpose Dozer Blade

The global dozer blade market is segmented on the basis of vehicle type into:

  • Tractor
  • Bulldozer
  • Trucks

The global dozer blade market is segmented on the basis of sales channel into:

  • Online
  • Offline

The global dozer blade market is segmented on the basis of application into:

  • Plowing
  • Land clearing
  • Field preparation
  • Cleaning & grubbing
  • Rocks & Boulder removal
  • Loading
  • Arboriculture
  • Landfilling
  • Trash Pilling

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Important queries addressed in the Dozer Blade market report:

  1. How will the evolving trends impact the growth of the Dozer Blade market over the forecast period?
  2. Which companies are currently dominating the Dozer Blade market in terms of market share?
  3. How can market players capitalize on the lucrative opportunities in Region 1?
  4. What is the projected growth rate of the Dozer Blade market in various regions during the forecast period?
  5. Is the current market scenario favorable for the growth of new market players?

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Contact:
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Jumeirah Lakes Towers,
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Industrial Goods

Global Vinyl Siding Market to Register a Value CAGR of 4.7% Through 2026

As construction businesses across several parts of the world are witnessing surplus profits and aggressive expansion, the need for adopting protective materials to safeguard the health of buildings from external factors has increased. Rain, winds, snow or lightings – several environmental factors can degrade the quality of the constructed building by damaging its exteriors, and penetrating through it to affect the interiors. Plastic materials or polymers made of vinyl compounds are being used to develop weatherproofing solutions for exteriors of buildings. This has propelled the demand for vinyl sidings across residential and commercial real estate sectors. Homeowners are installing vinyl sidings for allowing their house to stay protected throughout the years.

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Durability and high resistance to external factors are the key criteria influencing the manufacturing of vinyl sidings. Moreover, companies manufacturing vinyl sidings are also focused upon meeting the requirements of homeowners interested in using these sidings for decorative purposes. However, production of vinyl sidings continues to create a slew of environmental problems. Emission of volatile gasses during production of vinyl polymers continues to challenge manufacturers. In addition, lack of proper disposal options and poor reusability of vinyl sidings further hinders companies to deliver absolute compliance with environmental laws.

global vinyl sidings market

According to a recent forecast study by Fact.MR, the global vinyl siding market is poised to expand at a moderate pace during the forecast period, 2017-2026. The report projects that by the end of 2026, nearly US$ 60 Bn worth of vinyl sidings will be sold across the globe. The report further expects that the global vinyl sidings market will expand at a 4% CAGR in terms of volume during the forecast period.

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5 Key Insights on Future of Global Vinyl Sidings Market

  • The report estimates that clapboard sidings will represent top-selling product in the global vinyl sidings market through 2026. By the end of forecast period, nearly 18,000 Mn. sq. feet of vinyl clapboard sidings will be sold across the globe.
  • Demand for Dutch lap sidings, board & batten vertical sidings and vertical sidings is also poised to gain traction in the years to come.
  • In 2017, vinyl sidings were predominantly used in weatherproofing of new residential constructions, which registered global sales of 12,700 Mn. sq. feet. The end-use of vinyl sidings in residential repair and rehabilitation will also translate into high revenues during the forecast period. New non-residential end-use of vinyl sidings will register highest growth at a volume CAGR of 4.9%.

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  • The report reveals that by the end of 2026, nearly 20,000 Mn. sq. feet of insulated vinyl sidings will be sold across the globe. The demand for non-insulated vinyl sidings will lose traction towards the end of the forecast period, albeit, accounting for highest global market volume share.
  • The report further reveals that North America will be at the forefront of global vinyl sidings market expansion. By 2026, the US and Canada will collectively register sales of more than 18,000 Mn. sq. feet of vinyl sidings. The Asia-Pacific excluding Japan (APEJ) is also pegged to remain lucrative for manufacturing vinyl sidings in the foreseeable future.

Market Taxonomy

Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA
Product Type
  • Clapboard Siding
  • Dutch Lap Siding
  • Beaded Siding
  • Cabin Board Siding
  • Board & Batten Vertical Siding
  • Vertical Siding
  • Shingle Siding
  • Shake Siding
End User
  • New Residential Construction
  • New Non-Residential
  • Residential Repair and Rehabilitation
  • Non-Residential Repair and Rehabilitation
Insulation Type
  • Insulated Siding
  • Non-Insulated Siding

The report has profiled leading manufacturers of vinyl sidings, which include, Alcoa Inc., Associated Materials Group Inc., Axiall Corporation, BASF SE, Alside Inc., CertainTeed Corporation, Sibco Building Products, Ply Gem Holdings, Ferriot Inc., Koch Industries, Acme Brick, American Original Building Products, ASC Profile Inc., Berkshire Hathaway Incorporated, Variform Inc., Royal Building Products, and Kaycan Ltd. These companies will be observed as key players in the global vinyl sidings market through 2026. In the near future, optimizing the use of plastics, incorporating advanced engineering methods, and improving the durability of vinyl sidings will be among the key priorities of vinyl sidings market players.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/06/13/1868415/0/en/Forestry-Machinery-Sales-Surge-as-Operators-Focal-Point-Shifts-to-Precision-Forestry-Practices-Fact-MR-Study.html

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

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Rockville, MD 20852
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Tel: +1 (628) 251-1583

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Jumeirah Lakes Towers,
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Industrial Goods

Worldwide Control Valves Worth US$ 15.5 Bn to be Sold by 2026 end

Advancements in automatic control technology has instrumented the increasing applications of mechanical control components such as control valves. Several industrial processes are being automated, and control valves are being used to control the flow of fluids. New control valves are being equipped with smart technologies and high-tech sensors that can gauge the pressure, liquid level and temperature effectively. Manufacturers are also working towards increasing the accuracy of control valves in measuring as well as controlling the flow rate directly.

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Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn are expected to be sold across the globe.

global control valve market

4 Key Insights from Fact.MR’s Forecast

The report has provided loads of objective information on the forecast expansion of the global control valve market for the forecast period, the highlights of which follow:

  • Through 2026, majority of control valves being manufactured in the world will be developed on pneumatic actuation technology. The report estimates that by the end of 2026, more than 6,100 thousand units of pneumatic control valves will be sold globally.

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  • Ball valves and globe valves will be recognized as top-sellers in the global control valve market. By 2026-end, nearly 10,000 thousand units of ball-type and globe-type control valves are expected to be sold globally. The report also estimates a surging demand for butterfly valves, and expects that this type of control valve will reflect a 6% CAGR in terms of volume over the forecast period.
  • Throughout the forecast period, control valves will be predominantly used in oil & gas applications. By the end of 2026, oil & gas applications of control valves will account for more than one-fourth share of global control valve market volumes. The report also reveals that water and wastewater management applications of control valves will register fastest sales by reflecting a 6.4% volume CAGR over the forecast period.
  • Robust industrial infrastructure in the US and Canada will drive the adoption of control valves across North America. The report observes North America as the largest market for control valves. By 2026-end, North America will account for more than 30% of global control valve market volumes. The report also observes that control valve manufacturing will remain concentered in the Asia-Pacific excluding Japan (APEJ) Over the forecast period, the APEJ control valve market is assessed to expand at the highest volume CAGR of 5.8%.

The report has also profiled the leading manufacturers of control valves, which include Schlumberger Limited, Emerson Electric Co., General Electric Company, Honeywell International Inc., Flowserve Corp, Goodwin International Ltd., Dresser Inc., Metso Plc, Crane Co., Burkert Fluid Control Systems, Pentair Limited, Velan, Inc., Samson AG, Dual Products Intl. Cc, IMI Plc., MIL Control Limited, Neway Valves, Curtiss-Wright, and Spirax Sarco. These companies are expected to spearhead the global control valve manufacturing landscape through 2026.

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
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Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

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Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
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Industrial Goods

How is Rising Growing Environmental Awareness Fuelling Sales of Landfill Gas

Demand for alternative power sources has become more prominent since the past decade, raising the market value for landfill gas substantially. Growing adoption and comprehensive usage of renewable power sources such as solar energy will have significant contribution in raising the revenue of landfill gas suppliers.

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The latest edition of the landfill gas market study by Fact.MR talks about new trends, growth & restraining factors, and impact of COVID-19, while emphasizing on potential regions such as North America, Europe, and Asia Pacific. As per the report, the global landfill gas market is projected to ascend at over 5% CAGR through 2031.

landfill gas market

Key Takeaways from Study

  • Application in direct and upgraded usages to fuel sales

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  • Germany remains at the forefront of the world’s largest landfill gas industry – Europe
  • The United States to lead North America for landfill gas demand
  • China to dominate in the world’s fastest-growing landfill gas industry – Asia Pacific
  • The United Kingdom, Canada, India, Japan, and a few other countries to remain lucrative markets

Segmentation by Category

Application

  • Direct Use
  • Upgraded
  • Others

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Region

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

Highly Beneficial Properties of Landfill Gas Propelling Demand

As natural gas has gained traction over the past decade, landfill gas suppliers have come across higher demand from around the globe. Some of the driving factors bolstering the sales of landfill gas are-

  • Modern landfill gas is eco-friendly
  • Highly helpful in segregating hazardous waste
  • Cost-effective
  • Helps in keeping the environment clean
  • Landfills support local business and jobs

According to a report titled “Landfill Methane Outreach Program”, published by the United States Environmental Protection Agency (EPA) on 4th May 2020, there are several benefits of landfill gas energy projects, such as-

  • Reduce greenhouse gas emissions
  • Reduce air pollution by offsetting the use of non-renewable resources
  • Create health and safety benefits
  • Beneficial for the community and economy
  • Reduce environmental compliance costs

These signify the high requirement for landfill gas, which is subject to spur the growth of players in this industry over the coming years.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/06/12/1867622/0/en/Portable-Fuel-Storage-Containers-Sales-Growing-in-Line-with-Digital-Disruption-and-Reinvention-Fact-MR.html

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Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
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Industrial Goods

Sales of Generator Across the Globe to Reach US$ 39,000 Mn in Revenues by 2026-end

Uninterrupted power supply, supported by efficient power back-up, is crucial across sectors such as industrial, residential, and commercial. Erratic supply of power, especially in underdeveloped and developing regions of the world, is the main driver for high demand for generators. Despite growing environmental concerns about the usage of diesel across the world, demand from the industrial sector is expected to be over 30% over the coming years.

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Fact.MR has also observed that bigger players leveraging their business expertise to provide seamless power supply for a wide array of operations undertaken by business corporations and enterprises.

Overall, the global generator market is set to expand at a steady CAGR of around 5% through 2030, as per Fact.MR analysis.

generator market

Key Takeaways from Global Generator Market Report

  • In terms of revenue, North America is forecasted to account for one-third of overall global demand by 2030. Rapid development of commercial establishments and industries aiming to increase productivity is boosting adoption.

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  • Asia Pacific excluding Japan (APEJ) will remain the fastest-growing market in terms of value, due to unstable power supply in many areas of the region.
  • Among the fuel types, demand for diesel generators will remain strong, accounting for 3 out of every 4 generators sold worldwide.
  • Due to high industrial demand for generators, the largest size of above 1000 kVA will be most sought-after across regions.
  • Both, stationary and portable generators will witness more or less the same sales, when calculated by value.
  • The industrial sector will continue to be the main end user of generators through 2030.
  • With easing of restrictions that were brought about by the COVID-19 pandemic, industrial activity has picked up, and, as such, the global generator market is slated to get back to its normal growth trajectory over the coming months.

High Investment Required & Regulatory Policies to Impact Consumption

As technology progresses at a fast pace, generators are becoming more and more advanced; though investment required for most high-power generators remains high. Environmental concerns have prompted many governments to push for the use of machinery that utilises renewable energy resources, aligned with the laid regulatory frameworks on industrial operations. These factors can potentially be major barriers in the adoption of generators in the future.

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Market Competition 

Some of the main competitors tracked and analysed by Fact.MR in the global generator market are Yamaha Motor Corporation, SDMO, Mitsubishi Heavy Industries Ltd., Kubota Corporation, Kirloskar Oil Engines Limited, General Electric Corporation, Doosan Corporation, Cooper Corporation, and AKSA Power Generation.

Valuable Insights into Global Generator Market Report

In its latest report, Fact.MR has presented a detailed analysis of the global generator market, along with an assessment for the years 2020 to 2030. In order to provide a better understanding, the market has been segregated into several segments on the basis of region (Asia Pacific Excluding Japan [APEJ], Europe, Latin America, the Middle East and Africa, Japan, and North America), application (portable and stationary), capacity (0-100 kVA, 100-350kVA, 350-1000kVA, and above 1000kVA), fuel (diesel and gas), and end use (commercial, industrial, and residential). All major economies and regions have been studied and reported under which all the different segments and the response of the market has been analysed extensively.

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  3. Embrace digital technologies to offer accurate business ideas
  4. Exhaustive supply chain augmentation analysis
  5. Provide reports strictly according to the requirements of the clients

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2019/09/17/1916677/0/en/Rise-of-Modern-Roads-in-Low-and-Mid-income-Economies-Paves-Way-of-Asphalt-Paver-Market-Growth-Fact-MR.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

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Industrial Goods

Revenues from Sales of Air Conditioning Systems to Surpass US$ 175,000 Mn by 2026-end

According to Fact.MR’s recently compiled report, the global air conditioning system market will record a CAGR of over 6% during the forecast period 2017 to 2026, in terms of value. Global sales of air conditioning systems are estimated to exceed 240,000 Mn units by 2026-end.

Smart Thermostats Becoming the Control Element for Air Conditioning Systems

The concept of connected home is witnessing a gradual rise over the past few years. Morphing of devices such as a basic thermostat into the breed of power smart thermostats has depicted the way residential appliances must adapt, re-invent and re-imagine their role in a connected home. Currently, powerful smart thermostats are the control element for air conditioning systems in connected homes.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=411

Owing to their benefits of monitoring temperature through computers and mobile devices, these thermostats are gaining momentum in small- and medium-sized commercial buildings. With the help of solar panels providing outdoor temperature information, smart thermostats are capable of altering a home’s cooling system depending up on the requirement. Smart thermostat for air conditioning systems range from basic and functional to sophisticated and feature-rich. In addition, the development of digitally programmable thermostats feature both efficiency- and comfort-enhancing functionality, with their remote access and smart technology.

global air conditioning system market

Manufacturers Moving toward Greener & Cleaner Cooling Direction

Evolving government mandates dictate equipment manufacturers to shift their focus toward adoption effective alternatives to chemicals, which prevent adverse impacts on the environment. In the cooling arena, manufacturers are now replacing chemical refrigerants emitting GHG such as HFCs, HCFCs and CFCs, with less hazardous green agents that prevent depletion of ozone layer and impact on global warming. The non-synthetic & naturally occurring substances capable of being utilized as cooling agents in air conditioning systems include water, air, ammonia, CO2 and hydrocarbons such as cyclopentane, butane and propane.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=411

For OEMs manufacturing air conditioning systems, new challenges are brought by these government regulations in selecting best quality refrigerant and components for handling the specific refrigerant’s performance characteristics and technical challenges. This implies an imperative first step towards a greener and cleaner cooling direction.

5 Key Projections on Future of Air Conditioning System Market for Forecast Period 2017-2026

  • North America is expected to remain the most remunerative market for air conditioning system, with revenues estimated to reach nearly US$ 60,000 Mn by 2026-end. In terms of value, Asia-Pacific excluding Japan (APEJ) is projected to be the fastest expanding market for air conditioning system through 2026. In addition, Europe will account for the second largest revenue share of the market by 2026-end. In contrast, Japan will account for the smallest revenue share of the market during the forecast period.
  • Chillers air conditioning systems are expected to remain dominant in the market, in terms of revenues. Nearly equal market revenue shares are projected to be accounted by window air conditioning systems and single-packaged air conditioning systems through 2026. In addition, window and split air conditioning systems are projected to register a parallel sales expansion through 2026, in terms of value.
  • Industrial applications of air conditioning systems will continue to be the most profitable in the market, closely trailed by their commercial applications.
  • B2B and independent electronic stores will endure as the leading sales channel for air conditioning system in terms of revenues. However, in terms of value, authorized stores will witness the fastest expansion in sales of air conditioning systems through 2026.
  • Presence of numerous leading players has made the market highly competitive, with majority of these manufacturers competing on the basis of energy efficiency. Key players profiled in the report include Daikin Industries Ltd., Mitsubhishi, Qingdo Haier, Samsung Electronics, LG Electronics, Electrolux, Panasonic, UTC, Hitachi, Gree Electric Appliances, Sharp Corp, Carrier Corp, Midea Group Co. Ltd., and Johnson Controls.

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=411

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

Why Choose Fact.MR?

  1. Deliver updated information on the current industry trends
  2. Available 24/7 to facilitate clients with unbiased solutions
  3. Embrace digital technologies to offer accurate business ideas
  4. Exhaustive supply chain augmentation analysis
  5. Provide reports strictly according to the requirements of the clients

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/06/1996478/0/en/Metal-Forging-Market-to-Rise-at-7-CAGR-through-2029-Demand-from-Aerospace-and-Automotive-Industries-Aids-Growth-Says-Fact-MR.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

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Industrial Goods

Demand for Iris Recognition Digital Door Lock Systems to Gain Traction Through 2026

According to a new study by Fact.MR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive technologies.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=408

The study opines that demand for elevators shows no signs of abating alongside notable growth in the commercial, residential, as well as industrial construction activities. The elevators industry remains one of the most innovative business areas, influenced by international and national regulatory standards, which have encouraged leading players to introduce ground-breaking developments that lead to significant cost-savings for customers. 

global digital door locks system market

The trend of Building Information Modelling (BIM) continues to remain a key growth determinant of the elevators market, as it involves the rules & regulations and planning infrastructure with digitalization concepts that involves implementation of IoT and cloud-based solutions. The elevators industry, studded with innovation, is likely to help manufacturers to identify and resolve future challenges entailed by macro-trends such as rapid urbanization and demographic change.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=408

Growing space constraint associated with the construction of separate commercial and residential buildings, particularly in metro cities, has driven the trend of ‘Mixed-use Development’ in the real-estate sector. This has been creating a fresh room for development and sales of elevators that eliminate the requirement for machine rooms. According to the study, elevator sales in mix block infrastructures will grow at a significant pace, and are estimated to exceed 150 thousand units in 2019.

The Fact.MR study opines that single deck elevators remain the preferred category among customers, accounting for nearly 80% sales. Sales of double deck elevators are estimated to grow at a relatively greater pace, in light of their requirement for less core space in buildings. Additionally, the trend of using one part of the double-deck elevators for carrying goods to prevent damages associated with the use of trolleys, has been significantly complementing their adoption, particularly among commercial infrastructures.

‘Smart’ Continues to be the Buzzword in Elevators Landscape

The study indicates that increasing demand for jerk- and shock-proof, faster vertical transit in high-rise buildings – future skyline of metropolitan cities – has rubbed off on technology advancements in the elevators market. This, coupled with regulatory mandates on manufacturers apropos of safety and quality, continue to favor growth of the elevators market.

IoT-connected smart elevators have gained immense traction in the recent past, with manufacturers directing their focus toward integration of technologies that notify faults and errors in the equipment prior to their occurrence, thereby saving time and money for customers. Proliferation of IoT in the elevators market has meant that modern equipment are witnessing notable advancements such as prediction of traffic in real-time, ease & convenience in communication with service teams, and mobile-application based elevator operations.

According to the study, Asia Pacific is likely to account for a significant share of global construction spending over the assessment period, driven by the growing infrastructure development, particularly in China and India. The exponential growth in the residential sector and construction activity across Asia Pacific region has resulted in growing application of elevators. Manifold factors such as demographic changes, and rising demand for skyscrapers are likely to reinforce the demand for modern building infrastructure, including elevators in the coming years.

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=408

Fact.MR study offers a long-term outlook of the elevators market for the period 2019 to 2029. The elevators market is projected to register a volume CAGR of nearly 10% through 2029.

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

Why Choose Fact.MR?

  1. Deliver updated information on the current industry trends
  2. Available 24/7 to facilitate clients with unbiased solutions
  3. Embrace digital technologies to offer accurate business ideas
  4. Exhaustive supply chain augmentation analysis
  5. Provide reports strictly according to the requirements of the clients

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/19/2003442/0/en/Lead-Acid-Battery-Sales-Proliferate-in-Fast-Developing-Economies-AGM-Battery-to-Account-for-a-Third-of-Global-Demand-by-2029-Fact-MR.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

Categories
Industrial Goods

What are the Key Growth Drivers of Elevators Market

According to a new study by Fact.MR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive technologies.

For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=408

The study opines that demand for elevators shows no signs of abating alongside notable growth in the commercial, residential, as well as industrial construction activities. The elevators industry remains one of the most innovative business areas, influenced by international and national regulatory standards, which have encouraged leading players to introduce ground-breaking developments that lead to significant cost-savings for customers. 

elevators market snapshot

The trend of Building Information Modelling (BIM) continues to remain a key growth determinant of the elevators market, as it involves the rules & regulations and planning infrastructure with digitalization concepts that involves implementation of IoT and cloud-based solutions. The elevators industry, studded with innovation, is likely to help manufacturers to identify and resolve future challenges entailed by macro-trends such as rapid urbanization and demographic change.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=408

Growing space constraint associated with the construction of separate commercial and residential buildings, particularly in metro cities, has driven the trend of ‘Mixed-use Development’ in the real-estate sector. This has been creating a fresh room for development and sales of elevators that eliminate the requirement for machine rooms. According to the study, elevator sales in mix block infrastructures will grow at a significant pace, and are estimated to exceed 150 thousand units in 2019.

The Fact.MR study opines that single deck elevators remain the preferred category among customers, accounting for nearly 80% sales. Sales of double deck elevators are estimated to grow at a relatively greater pace, in light of their requirement for less core space in buildings. Additionally, the trend of using one part of the double-deck elevators for carrying goods to prevent damages associated with the use of trolleys, has been significantly complementing their adoption, particularly among commercial infrastructures.

‘Smart’ Continues to be the Buzzword in Elevators Landscape

The study indicates that increasing demand for jerk- and shock-proof, faster vertical transit in high-rise buildings – future skyline of metropolitan cities – has rubbed off on technology advancements in the elevators market. This, coupled with regulatory mandates on manufacturers apropos of safety and quality, continue to favor growth of the elevators market.

IoT-connected smart elevators have gained immense traction in the recent past, with manufacturers directing their focus toward integration of technologies that notify faults and errors in the equipment prior to their occurrence, thereby saving time and money for customers. Proliferation of IoT in the elevators market has meant that modern equipment are witnessing notable advancements such as prediction of traffic in real-time, ease & convenience in communication with service teams, and mobile-application based elevator operations.

According to the study, Asia Pacific is likely to account for a significant share of global construction spending over the assessment period, driven by the growing infrastructure development, particularly in China and India. The exponential growth in the residential sector and construction activity across Asia Pacific region has resulted in growing application of elevators. Manifold factors such as demographic changes, and rising demand for skyscrapers are likely to reinforce the demand for modern building infrastructure, including elevators in the coming years.

For comprehensive insights on this market adoption, ask an analyst here – https://www.factmr.com/connectus/sample?flag=AE&rep_id=408

Fact.MR study offers a long-term outlook of the elevators market for the period 2019 to 2029. The elevators market is projected to register a volume CAGR of nearly 10% through 2029.

Benefits of Fact.MR Study

Fact.MR has gradually established itself as one of the leading market research companies across the globe. Our unique, methodical, and up-to-date approach towards creating high-quality market reports ensures the reports include relevant market insights. Further, our team of analysts leaves no stone unturned while curating market reports in accord with the requirement of our clients.

Why Choose Fact.MR?

  1. Deliver updated information on the current industry trends
  2. Available 24/7 to facilitate clients with unbiased solutions
  3. Embrace digital technologies to offer accurate business ideas
  4. Exhaustive supply chain augmentation analysis
  5. Provide reports strictly according to the requirements of the clients

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/24/2005618/0/en/Microcontroller-Sales-Poised-for-10-CAGR-During-2019-2029-Increasing-Vehicle-Automation-to-Accelerate-Market-Growth-Projects-a-New-Fact-MR-Report.html

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com