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According to a new report published by Allied Market Research, titled, “Mining Drill Bits Market by Type, Material, Operation, and Bit Size: Global Opportunity Analysis and Industry Forecast, 2019-2026,” the global mining drill bits market size was valued at $1,145,000 thousand in 2018, and is projected to reach $1,711,800 thousand by 2026, growing at a CAGR of 5.1% from 2019 to 2026. The drill bits equipment are used for drilling earth surface and breaking rocks in the mining industry. Types of drill bits include rotary, DTH hammers bits, anchor bits, cross bits, and chisel bits.

The major players operating in the global mining drill bits market include Brunner and Lay, Caterpillar Inc., Changsha Heijingang Industrial Co., Ltd, Epiroc AB, Mitsubishi Materials Corporation., Robit Plc, Rockmore International, Sandvik, Western Drilling Tools Inc, and Xiamen Prodrill Equipment Co., Ltd.  

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In 2018, Asia-Pacific dominated the global market, in terms of revenue, accounting for around 48.7% share of the global market, followed by LAMEA. Based on type, the rotary drill bits segment accounted for around 79.1% in overall global mining drill bits market share in 2018. The DTH hammers bits segment is expected to witness significant growth during the forecast period. The key factors that drive the growth of the global mining drill bits market include rise in mining activities around the globe due to increase in demand for coal, metal, and minerals. In addition, expansion of existing mines in the developing countries such as China and India fuels the mining drill bits market growth. 

However, stringent government regulations related to mining industry are expected to restrain the growth of the market. Furthermore, artificial intelligence (AI) helps to dig holes efficiently and safely in the drilling operations. For instance, Canada-based company Goldspot Discoveries Corp. has launched AI technology equipped with drills. The drills can detect and verify the gold deposits and mineral under the ground. Similarly, technology innovator giant, IBM, has developed the AI system in mining drilling machines. The technological innovations in drilling process for mining such as IoT, infrared, sonic, and optical micro cameras are anticipated to provide lucrative opportunities for the market growth during the forecast period. 

The surface drilling segment has secured the highest share of around 61.3% in the mining drill bits market in 2018. The underground drilling segment is expected to grow at the highest CAGR during the forecast period. In terms of material, the diamond sector is expected to contribute the highest market share in the coming years. Moreover, increase in emphasis on the mining sector is expected to provide lucrative growth opportunities for small players in the developing economies. 

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Asia-Pacific serves as the most productive region as compared to other regions. The various domestic competitors are investing in the coal mining sector, which is anticipated to fuel the growth of the mining drill bits market. For instance, China is the largest producer and consumer of coal in the world. In 2017, coal consumption in China reached 2.81 billion metric tons from 2016. Therefore, increase in coal mining leads to utilization of drills; thereby, providing lucrative opportunities for the growth of the market.

Furthermore, in 2018, Asia-Pacific registered the highest growth rate in the mining drill bits market due to expansion of coal and metal mining in the region. Based on bit size, the 250–300 mm mining drill bits segment is expected to experience rapid growth in the emerging economies during the forecast period, owing to deployments of mining drilling machines and drilling rigs in the mining industry. For instance, Atlas Copco, a parent company of Epiroc AB had invested $13.4 million for the expansion of the factory in Hyderabad, India, doubling its capacity. The plant manufacturers are drilling consumables for surface mining applications. 

The major players such as Epiroc AB and Sandvik AB in global mining drill bits industry focus on developing new products to strengthen their presence in the market. Moreover, these companies expand their business by acquiring small businesses to sustain the intense competition. 

Many players have adopted product launch as its key developmental strategy to improve its product portfolio. For instance, in February 2017, Robit Plc launched BulrocRobit Hyper 331, a new DTH hammer at CONEXPO 2017. The new hammer extends the group’s Down-The-Hole (DTH) hammer range from 1’ (25mm) to 33’ (838mm).
 
Key Findings of the Mining Drill Bits Market :

• Based on type, the rotary drill bits segment dominated the market, in terms of revenue in 2018 and is projected to grow at a CAGR 6.4% during the forecast period.
• Based on material, the diamond segment dominated the mining drill bits market in 2018.
• Asia-Pacific is projected to register the highest growth rate in the coming years. 
• The key market players within mining drill bits market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the mining drill bits market. 
• The report provides an extensive analysis of the current and emerging   mining drill bits market trends and dynamics.  

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According to a new report published by Allied Market Research, titled, “Europe Interior Doors Market by Door Type, Material, Surface Structure, and End User,: Country Opportunity Analysis and Industry Forecast, 2021–2030,” The Europe interior doors market size was valued at $12.6 billion in 2020, and is expected to reach $19.4 billion by 2030, with a CAGR of 4.2% from 2021 to 2030. In 2020, Rest of Europe country dominated the Europe interior doors market, in terms of revenue, accounting for around one third of Europe interior doors market.

Interior doors are used in the interior sides of homes and commercial spaces. Sliding doors, patio doors, and bypass doors are some of the types of interior doors. Interior doors are adopted in buildings owing to features such as eco-friendly in nature, durable, and available in different colors and shapes.

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The Europe interior doors market is anticipated to grow, owing to surge in population, and rise in urbanization. In addition, increase in adoption of interior doors and rise in demand for residential and non-residential areas are anticipated to cater to the growth of the Europe interior doors market. In addition, upsurge in consumer expenditure on renovation and home construction activities, fuels the growth of the Europe interior doors market.

Augmented acceptance of eco-friendly doors technologies in the developed European countries such as Germany, France, UK, and others, fuels the market growth. Benefits associated with interior doors such as durable, noise reduction, and aesthetic look accompanied by development in the air quality have boosted the use of eco-friendly interior doors, which boost the growth of the Europe interior doors market. A rise in disposable income of population in countries such as Poland, Germany, France, and others, which in turn, surges the spending on home furnishing and renovation activities, this fuels the growth of the Europe interior doors market. For instance, the disposable income of population in Ukraine increased by 15.8% from March 2018 to June 2018.

Various manufacturers in the Europe interior doors manufacturers had to shut down their business activities due to the lockdown initiated in countries such as Spain, France, and others. This break has directly impacted the sales of interior doors manufacturer companies in Europe. In addition, lack of raw materials, disruption in the supply chain, and lack of manpower halted the supply chain of interior doors. However, the re-initiation of the Europe interior doors industry and availability of vaccines for coronavirus disease is projected to lead to the opening of the Europe interior doors market at their full-scale capacities.

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The Europe interior doors market is segmented on the basis of door type, material, surface structure, end user, and country. On the basis of door type, the market is divided into panel, bypass, bifold, and others. Panel segment generated the highest revenue in 2020. By material, the market is divided into wood, metal, glass, and others. Wood segment dominated the market in 2020. On the basis of surface structure, the market is categorized into painted/lacquered, laminated, natural veneer, and others. Natural veneer segment generated the highest revenue in 2020. By end user, the market is divided into residential and non-residential. Residential segment generated the highest revenue in 2020.

Country wise, the Europe interior doors market analysis is conducted across Spain, France, Germany, UK, Italy, Austria, Bulgaria, Romania, Czech Republic, Slovakia, and Rest of Europe. In 2020, Rest of Europe was the highest contributor to the Europe interior doors market share, and is anticipated to secure a leading position during the forecast period.

Key Findings Of The Study

• By door type, panel segment was the highest revenue contributor in 2020.
• By material, wood segment was the highest revenue contributor in 2020. 
• By surface structure, natural veneer segment was the highest revenue contributor in 2020. 
• By end user, residential segment was the highest revenue contributor in 2020. 
• Country wise, Rest of Europe generated the largest Europe interior doors market share in 2020.
• The report provides an extensive analysis of the Europe interior doors market trends and emerging opportunities of the market.  
• The Europe interior doors market forecast analysis from 2021 to 2030 is included in the report.

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According to a recent report published by Allied Market Research, titled, “concrete market by concrete type, application, end-user industry and region: global opportunity analysis and industry forecast, 2021–2030,” the concrete market was valued at $167.7 billion in 2020, and is expected to reach $972.0 billion by 2030, registering a CAGR of 4.7% from 2021 to 2030.

Construction of all infrastructures need concrete for building purpose. Concrete can be in the form of ready-mix concrete or precast products & elements. Revenue generated by sales of these products represents the market size of the concrete market.

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The major players profiled in the concrete market include CEMEX, S.A.B. de C.V., CRH, Forterra, Heidelbergcement AG, Holcim, Shay Murtagh Precast Ltd, Sika AG, Votorantim S.A., Weckenmann Anlagentechnik GmbH & Co. KG, and Wells Concrete. Major companies in the market have adopted strategies such as business expansion, acquisition, product launch, and collaboration to offer better products and services to customers in the concrete market.

Increase in government expenditures for development and reconstruction & repair of infrastructures in various countries leads to increase in demand for ready-mix concrete and precast products & elements. In addition, ready-mix concrete and precast products reduce construction time, which, in turn, saves project cost and timeline. Moreover, these products are cost effective and reduce wastage of raw material.

Furthermore, innovation in manufacturing technology boost production quality and capacity. These are factors are anticipated to propel the market growth.

However, initial investment costs are high to setup ready-mix concrete plants and precast production facility. This leads customers to buy products in bulk at discounted rates. In addition, there has been rise in environmental awareness, which has led to adoption of sustainable and environment friendly construction material to build houses and offices. Such factors hinder growth of the concrete market. Further, the outbreak of COVID-19 has led to halt in construction and manufacturing activities across the globe. Halt in logistics services has led to interruption of supply chain, which, in turn, hinders growth of the concrete market. However, industries are gradually getting back on track and vaccine manufacturing is expected to lead to recovery of the concrete market by the end of 2021.

On the contrary, rapid urbanization and industrialization in developing countries has given rise to construction activities, which act as a major opportunity for growth of the concrete market.

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The concrete market is segmented into concrete type, application, end-user industry and region. By concrete type, it is segregated into ready-mix concrete, precast products, and precast elements. Depending on application, it is classified into reinforced concrete and non-reinforced concrete. On the basis of end-user industry, it is divided into roads & highways, tunnels, residential buildings, non-residential buildings &, dams & power plants, mining and others. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain, Finland, Sweden, Norway, Denmark, Belgium, Netherlands, Luxembourg and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Key Findings Of The Study

• By concrete type, the ready-mix concrete segment was the highest revenue contributor in 2020.
• By application, the reinforced concrete segment was the highest revenue contributor in 2020.
• By end-user industry, the residential buildings segment was the highest revenue contributor in 2020.
• By region, Asia-Pacific generated the highest revenue in 2020.

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According to a new report published by Allied Market Research, titled, Europe Awnings Market by Type, Product, and End User: Opportunity Analysis and Industry Forecast, 2020–2027,” the Europe awnings market size was valued at $2,090.0 million in 2019, and is projected to reach $2,529.3 million by 2027, registering a CAGR of 3.9% from 2020 to 2027.

The commonly observed types of awnings are fixed, and retractable. Among these, the retractable segment accounts for the largest market size by value, owing to increased demand from residential spaces. The market is analyzed with respect to different products provided, such as patio, window freestanding, and others. The market is mainly driven by development in residential, and commercial construction sectors. However, fluctuation in raw material prices limit the growth of the Europe awning market.

The key players include in this report:

• Commercial Awnings Limited,
• Gibus, Markilux Gmbh,
• Marquises,
• MHZ Hachtel Gmbh & Co. KG,
• Mitjavila,
• Shades-Awnings,
• Varisol, Warema Renkhoff Se,
•  Weinor.

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In 2019, based on country, the Germany dominated the Europe awnings market, in terms of revenue, accounting for largest share of the Europe awnings industry, followed by France and others. Moreover, the market in East Europe is growing with high CAGR, owing to urbanization and economic development in the developing countries such as Bulgaria, Poland, and others. In addition, increase in spending on home remodeling propels the demand for various types of awnings. Furthermore, based on end user, the non-residential segment is anticipated to grow rapidly, with a high CAGR during the forecast period, due to rise in non-residential construction projects and economic development in Eastern Europe.

However, owing to the coronavirus situation, various manufacturers in the Europe awnings market had to stop their business production due to lockdown implemented in countries such as Germany, the UK, Italy, and others. This break directly impacted the sales of Europe awnings companies. In addition, lack of manpower and raw materials halts the supply of awnings. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of awnings companies.

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Key Findings Of The Study

• The report provides an extensive analysis of the current and emerging Europe awnings market trends and dynamics.  
• Depending on type, the retractable segment dominated the Europe awnings market, in terms of revenue in 2019 and is projected to grow at a significant CAGR during the forecast period.
• By end user, the non-residential segment registered highest revenue in 2019.
• Depending on product, the patio segment dominated the Europe awnings market, in terms of revenue in 2019 and freestanding segment is projected to grow at a significant CAGR during the forecast period.
• The key players within the Europe awnings market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the Europe awnings industry.
• The report provides an extensive analysis of the current trends and emerging opportunities of the market.  
• In-depth Europe awnings market analysis is conducted by constructing estimations for the key segments between 2020 and 2027.

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According to a new report published by Allied Market Research, titled, “Facility Management Services Market,” The facility management services market size was valued at $1,253.30 billion in 2020, and is estimated to reach $2,525.10 billion by 2030, growing at a CAGR of 7.1% from 2021 to 2030.

Facility management services grows the value of the property by offering different maintenance arrangements. Besides, these services offer the more vital returns over the real estate to land proprietors through organizational and value-added arrangements. The facility management services maintains the functional and monetary objectives of the owners. The services include applications, such as security, plumbing, electrical solutions, and cleaning for various purposes.

The Top Key Players:

• Group Atalian (Arthur McKay & Co Ltd.),
• BVG India Ltd.,
• CBRE Group, Inc.,
• EMCOR Group, Inc.,
• ISS World Services A/S,
• Knight Facilities Management,
• Quess Corp Ltd.,
• Sodexo, Inc.,
• Downer Group (Spotless Group),
•  Tenon Group.

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Rise in spending over construction projects drives the facility management services market growth. The growing investment is due to rise in demand for the development of commercial and residential properties. Such investments include services such as maintenance, cleaning and landscaping. Hence, the growing spending towards construction drives the growth of the market. In addition, the urban population in developing countries is on the rise. Countries such as India, Africa, and China demand for commercial and residential buildings owing to rise in urbanization. Moreover, this leads to the growth of various industries, including petroleum, mining, transportation, and pharmaceuticals. The growing industrial sector demands for maintenance operations of the facilities on timely basis. Hence, rise in urbanization drives the growth of the market. Moreover, awareness towards safeguarding the assets and properties by different companies and organizations is growing, which leads to adoption of maintenance and security solutions, which is expected to drive the growth of the facility management services market.

However, lack of education in different developing countries restrains the growth of the market. Lack of education leads to shortage of skilled workforce and low understanding of facility management services. In addition, many companies make use of outsourced facility management services instead of in-house services. Thus, hampering the growth of the market.

The outbreak of COVID-19 led to halt in logistic and manufacturing activities across the globe, which, in turn, led to interruption of supply chain, thereby hindering growth of the facility management services market. However, this situation is expected to improve as governments globally are relaxing norms for resuming business activities.

On the contrary, advancement of technology owing to use of Internet of Things (IoT) provides better security, which is predicted to create lucrative opportunities for companies operating in the  market. In addition, different initiatives by governments lead to rise in investments over commercial and railway projects. This in turn, is expected to offer new opportunities for the facility management service providers.

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The facility management services market is segmented on the basis of service type, type, end user, and region. By service type, the market is bifurcated into a property, cleaning, security, catering, and others. By type, the market is segmented into outsourced and in-house. By end user, the market is divided into commercial, institutional, public/ infrastructure, industrial, and others.

Region-wise, the facility management services market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Asia-Pacific was the highest contributor to the global Facility management services market share, and LAMEA is anticipated to secure a leading position during the forecast period.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global facility management services market trends and dynamics.
• By service type, the property segment was the largest revenue generator in 2020.
• By type, the in-house segment generated the highest revenue in 2020.
• By end user, the commercial segment dominated the market in 2020.
• Region-wise, Asia-Pacific is anticipated to dominate the facility management services industry during the forecast period.
• The global facility management services market opportunity analysis from 2021 to 2030 is included in the report.

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