Jet Mill Market Advanced Technology and New Innovations by 2027 | Top Leading Players

According to a new report published by Allied Market Research, titled, “Jet mill market type and end user industry: global opportunity analysis and industry forecast, 2020–2027,” the global jet mill market size is expected to reach $185.7 million in 2027 from $138.7 million in 2019, growing at a CAGR of 4.9% from 2020 to 2027. In 2019, Asia-Pacific dominated the market, in terms of revenue, accounting for 40.0% share of the jet mill market.

The major players operating in the jet mill industry include Erich NETZSCH GmbH & Co. Holding KG, Fluid Energy Processing and Equipment Company, Freund, Ltd., Hosokawa Micron Corporation, Kurimoto, Ltd., Promas Engineers Private Limited, Shandong Alpa Powder Technology Co., Ltd., The Jet Pulverizer Company, Inc., Kunshan Unique Machinery Co., Ltd., Midas Microtech Engineering Private Limited.

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Jet milling is a primary particle size reduction process, which utilizes compressed, high pressure air to generate high velocity collision between material particles that reduces its size. Jet mills are often used in chemicals, polymers, ceramics, and other industries for grinding friable material, which has the tendency to break into smaller pieces. Average particle size obtained from jet mills can range between 1 and 10 micron.

The COVID-19 pandemic has negatively affected the jet mill market mainly due to halt in international trade, prolonged lockdowns, and ceased manufacturing processes. In addition, major end-user manufacturing companies located in countries such as the U.S., China, Germany, and the UK are also facing financial impacts due to halted production, which is expected to hinder growth of the jet mill market in 2020.

Asia-Pacific is the highest contributor in the jet mill market trends. China and Japan held majority of the share in jet mill production, owing to high focus manufacturing of highly developed and low-cost machines.

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In addition, increase in demand for jet mills from developing nations in Asia-Pacific from growing food & beverages, pharmaceuticals, chemical, and other manufacturing industries is expected to drive the jet mill market growth.  

On the basis of end user industry, the chemical segment holds a major market share, owing to the increase in demand for abrasives and chemicals. Rise in focus on 3D printing technologies also boosts demand for micron sized particles, which can be obtained using jet mills.

The global jet mill market is segmented into type, end-user industry, and region. On the basis of type, the market is categorized into spiral jet mill, flat jet mill, opposed jet mill, target jet mill, and fluidized bed opposed jet mill. By end user industry, it is classified into chemical, pharmaceutical, food & beverages, textile, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific held the largest market share during 2019, and is expected to grow at the fastest rate throughout the forecast period.

Key Findings Of The Study

  • By type, the others segment dominated the jet mill market share in 2019.
  • Depending on end user industry, the others segment garnered major share of the market in 2019.
  • Region wise, Asia-Pacific dominated the market analysis in 2019.  

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Europe Interior Doors Market 2030 | Business Strategies and Opportunities With Key Players Analysis

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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Europe Awnings Market Advanced Technology and New Innovations by 2027 | Top Leading Players

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 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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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.

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.

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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.

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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Escalators Market | Research Report, Analysis, Top Key Player and Forecast, 2031

According to a new report published by Allied Market Research, titled, “Escalators Market by Type Industry Vertical and Solution: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global escalators market size was valued at $11.8 billion in 2020, and is projected to reach $19.1 billion by 2030, registering a CAGR of 4.5% from 2020 to 2030.

The rise in global population and rapid urbanization has significantly increased the demand for commercial buildings such as IT parks and shopping malls. This has propelled the demand for escalators, as they enable continuous vertical movement of people. Furthermore, rapid increase in population density in urban areas fuels the development of public transport systems, such as metros. The construction of new airports has also witnessed increase in the past few years. These factors further drive of escalators market growth.

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Top Key Player Major in this Report:

The key players profiled in the escalators market report include, Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co., Ltd., KONE Corporation, Mitsubishi Electric Corporation, Omega Elevators, OTIS Worldwide Corporation, Schindler, TK Elevator, and Toshiba Corporation.

By type the market is segmented into parallel, multi-parallel, walkway, crisscross and spiral. Among these, the parallel segment accounted for the highest market share in 2020 and it is expected to witness significant growth during the forecast period, owing to increase in demand from commercial buildings. The market is analyzed with respect to different applications in industrial verticals, such as commercial, public transit, institutional sector, and residential. The market is mainly driven by rise in demand for commercial space and increasing investments in public transport projects, such as metro rails and airports. However, factors such as requirement of frequent maintenance and high energy consumption of escalators have the potential to limit growth of the market.

In 2020, Asia-Pacific dominated the global escalators, in terms of revenue, accounting for around half the share of the escalators industry, followed by Europe and North America. Moreover, the market in Asia-Pacific region is growing with high CAGR, owing to rise in commercial real estate projects and metro rail projects across the globe.

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Furthermore, on the basis of industry vertical, the others segment is anticipated to grow rapidly, with a CAGR of 6.3% during the forecast period, owing to rapid development of metro rails in emerging economies.

For instance, according to India Brand Equity Foundation, India’s metro rail network is expanding rapidly. As of November 2010, India has 637.2 km of metro rail in 13 cities and more than two dozen metro projects are in planning phase. Furthermore, the 1st phase of Pune Metro Rail would cover 31.25 km and consisting of 30 stations is built with a cost of US$ 1.67 billion and is expected to become operational in 2022. In addition, modernization of existing railway station in India has also positively influenced the escalators market.

However, during the COVID-19 pandemic lockdown, various manufacturers in the escalators  had to stop their business in countries, such as China, the U.S., and India. This break directly impacted sales of escalators manufacturing companies. In addition, the initial lockdowns significantly reduced construction activities in many developing countries, which negatively influenced the growth of the market. However, resumption of construction activities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of escalators companies.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging escalators market trends and dynamics. 
  • Depending on type, the parallel dominated the escalators market forecast, in terms of revenue in 2020 and the it is projected to grow at a significant CAGR during the forecast period.
  • By industry vertical, the commercial segment registered highest revenue in 2020.
  • Asia-Pacific is projected to register highest growth rate in the coming years.
  • The key players within the escalators market share are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the escalators industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market. 
  • In-depth escalators market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.

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Concrete Market Research Report, 2031: Advanced Technologies and Growth Opportunities

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.

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.

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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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Boat Speedometer Market Research Report, 2030: Advanced Technologies and Growth Opportunities

According to a new report published by Allied Market Research, titled, “Global Boat Speedometer Market by Application, Type, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global boat speedometer market was valued at $353.3 million in 2020, and is projected to reach $558.5 million by 2030, growing at a CAGR of 4.6% from 2021 to 2030. In 2020, Europe dominated the global boat speedometer market accounting for 56.5% share of the market.

The key players profiled in the market report include Faria Beede Instruments, Inc, Veethree Group, Flir Systems Inc (Raymarine Plc), Nasa Marine Ltd, Gaffrig Performance Inc, Cruzpro Limited, Autometer Products, Compx International Inc (Livorsi Marine Inc), nKe Marine Electronics, and SAN GIORGIO S.E.I.N. srl.

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Boat speedometer products are largely used in marine, boats, ships, sailbaots, and yachts. A boat speedometer is a device used to measure a boat’s speed relative to water. Boat speedometer is used on submarine and surface boats. Boat speedometer is available in two display modes, analog display and digital display.

Rise in disposable income of population coupled with surge in spending on tourism activities boosts the demand for boat speedometer in sailboats and keelboats, thereby driving the growth of the global boat speedometer market. For instance, disposable income of Spain registered a growth of 5.9% from 2017 to 2020. Increase in trend of recreational boating across the globe is expected to boost the growth of the boat speedometer market. Boat speedometer is able to perform with 12V or 24V on all types of boats, which assists in maintaining the control and speed of boats and sailboats, thereby fueling the growth of the boat speedometer market.

Rise in sea borne trade augments the demand for boat and yacht systems, which is expected to contribute to the growth of the global boat speedometer market. Pressure gauges, voltmeters, pitometer, tachometer, and GPS speedometer some of the boat speedometer products available in the market that have been widely adopted in boat and yacht systems to maintain the speed of boats and keelboats.

The major players, such as Cruzpro Limited, Nasa Marine Ltd, and Flir Systems Inc, offer boat speedometer products for boats, sailboats, and recreational boats to the market. For instance, West Marine Inc offers GPS speedometer, Sierra Universal MPH GPS boat speedometer. It has a diameter of 3.375 inches and is waterproof. It is easy to install and assembles on boats and ship. It is able to work with 12 V and 24V on all types of boats.

Various manufacturers in the global boat speedometer market had to shut down their business activities due to lockdown initiated in countries such as the UAE, India, and Brazil. This directly impacted the sales of boat speedometer, globally. For instance, the net sales of Compx International Inc decreased by 7.8% from January 2019 to January 2020. In addition, lack of raw materials, disruption in supply chain, and lack of manpower halted the supply chain of boat speedometer products. However, availability of vaccines for coronavirus disease is projected to lead to the opening of the global boat speedometer market at full-scale capacities by the end of 2021 or start of 2022.

However, fluctuation in raw material prices and availability of substitutes, such as impeller log and propeller log, are anticipated to restraint the growth of the boat speedometer market. On the contrary, rise in water sports activities globally is anticipated to create growth opportunities for the global market.

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The global boat speedometer market is segmented into application, type, distribution channel, and region. On the basis of application, the market is divided into motor boats, sailboats/yachts, and others. The motor boats segment dominated the market in 2020. On the basis of type, the market is fragmented into analog and digital. The digital segment generated the highest revenue in 2020. Depending on distribution channel, the market is segregated into offline and online. The offline segment dominated the market in 2020.

Region-wise, the global boat speedometer market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). In 2020, Europe was the highest contributor to the global boat speedometer market share, and 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 boat speedometer market trends and dynamics.
  • By application, the motor boats segment dominated the market in 2020.
  • By type, the digital segment registered highest growth in the global boat speedometer market in 2020.
  • Based on distribution channel, the online segment is projected to register the highest growth rate in the coming years.
  • The report provides an extensive analysis of the trends and emerging opportunities of the market.

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Blanking Machine Market – Advanced Technology and New Innovations by 2030 | Top Leading Players

According to a new report published by Allied Market Research, titled, “Global Blanking Machine Market by Product Type, Material, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global blanking machine market size was valued at $0.92 billion in 2020, and is expected to reach $1.45 billion by 2030, with a CAGR of 4.2% from 2021 to 2030. In 2020, Asia-Pacific dominated the market, in terms of revenue, accounting for around 45.10% share of the global market.

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Developments in automotive, aerospace, and defense sectors and economic growth drive the growth of the market. However, fluctuation in raw material prices is anticipated to hamper the growth of the global blanking machine.

Blanking machines are used for cutting or blanking relatively soft delicate materials such as paper, metal, and fabric. They can be also used to cut hard materials such as sponge, function films, plywood, and rubber. Blanking machine is adopted in machining operations, owing to precision control, smooth machining operation, maintain balance, and avoid positioning error. These factors fuel the blanking machine market growth.

Major players such as Precision Surfacing Solutions, Komori Corporation, and others launched new blanking machine to the market. For instance, in January 2020,  Komori Corporation has developed new auto pile turner Apressia AT120H at a private show in Japan. It is best suitable for blanking machines. It has a maximum stack height of 2,000 mm. It has pallet clamp function that enables pallet and paper centering option. It has features such as easy touch panel operation, sound safety measures, and machine support.

Various manufacturers in the blanking machine manufacturers had to shut down their businesses activities due to the lockdown initiated in countries such as UAE, India, Brazil, and others. This break has directly impacted the sales of blanking machine manufacturing companies globally. For instance, the net sales of AMADA Co Ltd dropped by 19.8% from March 2020 to March 2021. In addition, lack of raw materials, disruption in supply chain, and lack of man power halted the supply chain of blanking machine products. However, the re-initiation of the blanking machine industry and availability of vaccines for coronavirus disease are projected to lead to the opening of the global blanking machine at their full-scale capacities.

The blanking machine market is segmented on the basis of product type, material, end user, and region. On the basis of product type, the market is divided into hydraulic, pneumatic, and mechanical. Mechanical segment generated the highest revenue in 2020. On the basis of material, the market is classified into steel, aluminum, alloy, and others. Steel segment dominated the market in 2020. On the basis of end user, the market is categorized into automobile industry, aerospace industry, home applications, and others. Automobile segment generated the highest revenue in 2020.

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Region wise, the global blanking machine 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, Australia, 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 blanking machine market share, and is anticipated to secure a leading position during the forecast period.

Key Findings Of The Study

  • By product type, mechanical segment was the largest revenue generator in 2020.
  • By material, steel segment generated the highest revenue in 2020.
  • By end user, the automobile accounted for the highest revenue in 2020.
  • By region, Asia-Pacific is anticipated to dominate the global blanking machine throughout the study period.

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Air scrubber Market | Growth is expected in North America with launches and developments

According to a new report published by Allied Market Research, titled, “Air Scrubber Market by Product Type, Filter Type, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2021–2030,” the global air scrubber market size was valued at $1,883.3 million in 2020, and is projected to reach $4,306.4 million by 2030, registering a CAGR of 8.5% from 2021 to 2030.

Key companies profiled in the air scrubber report include Advanced Air Technologies Inc., Amaircare Corporation, Camfil AB, Croll Reynolds, Inc., Daikin Industries, Ltd., Honeywell International, Inc., Novatek Corporation, Parker Hannifin Corporation, SPX Corporation, Waves Aircon Pvt. Ltd.

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An air scrubber eliminates air pollution, volatile organic compounds (VOCs), surface pollutants, pet dander, smells, and dust. The air scrubber continually creates negative ions as air passes through the ducting system. Those negative ions are dispatched to locate and return contaminants floating in air that are too tiny to be caught by a standard air filter.

To strengthen their market position, competitors in the air scrubber market use strategic moves such as mergers, acquisitions, and market initiatives. For instance, in June 2020, Daikin Industries, Ltd. and WASSHA Inc., have recently formed Baridi Inc. to operate an air conditioner subscription business. Daikin Industries and WASSHA have partnered to take use of Daikin’s air conditioners, which are recognized for their high durability, efficiency, and minimal environmental effect as well as the company’s capacity to develop service networks. Hence, these air scrubbers can be utilized in hospitals and chemical industries to reduce surrounding air pollution and rise in concern related to health is expected to provide lucrative growth in the market.

However, increasing investments and supporting government policies and programs to comply with air quality index standards and greenhouse gas emission limits are also projected to boost air scrubber market growth during the forecast period. For instance, in May 2019, Germany has enacted a national air pollution management program that mandates national emission reductions by 2030, including fine particulate matter reductions and the SLCP black carbon standard. In addition, Germany has established 58 low-emission zones in over 70 cities, resulting in a considerable reduction in the number of older, polluting cars on the road. Hence, these initiatives will focus on clean air and hence, are expected to provide opportunities and growth in the air scrubber industry during the forecast period.

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However, due to a lockdown imposed in countries such as China, the U.S., India, and others, due to the coronavirus issue, numerous manufacturers in the worldwide market had to halt their business production. This disruption had a direct impact on the sales of air scrubbers. However, it is expected that the reopening of production facilities and the introduction of coronavirus vaccines will lead to the reopening of air scrubber firms.

Key Findings Of The Study

  • The report provides an extensive analysis of the current and emerging air scrubber market trends and dynamics.
  • Depending on product type, the wet segment dominated the market, in terms of revenue in 2020.
  • By end user industry, the metal processing registered highest revenue in 2020.
  • Asia-Pacific is projected to register highest growth rate in the coming years.
  • The report provides an extensive analysis of the current trends and emerging air scrubber market opportunities.
  • In-depth air scrubber market analysis is conducted by constructing estimations for the key segments between 2021 and 2030.
  • The key players within the air scrubber market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the air scrubber industry.

Related Report: https://www.globenewswire.com/en/news-release/2022/07/13/2478754/0/en/Global-Revolving-Doors-Market-Is-Expected-to-Reach-1-4-Billion-by-2031-Allied-Market-Research.html

https://www.einpresswire.com/article/583913531/heavy-construction-equipment-rental-market-to-worth-106-50-billion-by-2027-boels-rental-herc-rental-kanamoto-maxim

https://www.einpresswire.com/article/583925203/escalators-market-2031-research-report-analysis-top-key-player-and-forecast

Paint Spray Guns Market Research Report, 2031: Advanced Technologies and Growth Opportunities

According to a new report published by Allied Market Research, titled, “Paint Spray Guns Market,” The paint spray guns market size was valued at $1.53 billion in 2021, and is estimated to reach $2.26 billion by 2031, growing at a CAGR of 3.8% from 2022 to 2031.

Commonly observed types of paint spray gun are airless, compressed air, HVLP (high volume low pressure), LVLP (low volume low pressure), and electrostatic. Among these, the HVLP segment accounted for the highest market share in 2021, owing to its wide usability. The market is analyzed with respect to different technology types, such as automatic, and manual. Among these the manual segment accounted for a high revenue share in 2021.

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The market is mainly driven by rise in construction and maintenance of residential and non-residential buildings. Furthermore, on the basis of end-user industry, the manufacturing segment is anticipated to witness rapid growth during the forecast period, owing to rise in demand for manufactured products, owing to an increase in disposable income. However, requirement of external power source by the paint spray gun restraints the paint spray guns market growth.

Region wise, Asia-Pacific held the largest paint spray guns market share in 2021, in terms of revenue, followed by North America and Europe. Moreover, the market in LAMEA is anticipated to grow with high CAGR, owing to mostly untapped market.

The advancements in paint spray guns have significantly increased the usability of paint spray gun. Introduction of paint spray guns that are light in weight and incorporation of microprocessors for smart controls are anticipated to provide lucrative opportunities for the market growth. 

For instance, in October 2021, 3M India, introduced a paint spray gun that is approximately 50% lighter as compared to other offerings in the segment. It incorporates an impact-resistant, stainless steel-reinforced composite body, which makes it the lightest spray gun in the world in its segment. This is expected to make it easier for the operator to paint with less strain.

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However, during the pandemic lockdown, various manufacturers in the paint spray guns market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of paint spray gun manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for paint spray guns; and negatively influenced the growth of the market. However, after two years of COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

Key companies profiled in the paint spray guns market forecast report include 3M, Anest Iwata, Asahi Sunac, Auarita, DSTech Co., Ltd., EXEL Industries, FUSO SEIKI, Graco Inc., J. Wagner, Lis Industrial, NingBoNavite, Nordson, Prowin Tools, SATA GmbH & Co. KG, Titan Tool Inc., Tritech Industries, Inc., and Zhejiang Rongpeng Air Tools Co., LTD.

KEY FINDINGS OF THE STUDY

  • The report provides an extensive analysis of the current and emerging paint spray guns market trends and dynamics. 
  • Depending on product type, the airless paint spray gun dominated the paint spray guns market, in terms of revenue in 2021. However, LVLP segment is projected to grow at a significant CAGR during the forecast period.
  • By technology type, the manual segment accounted for the highest revenue share in 2021.
  • By end-user industry, automotive segment registered highest revenue in 2021.
  • LAMEA is projected to register highest growth rate in the coming years.
  • The key players within the paint spray guns market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the paint spray guns industry.
  • The report provides an extensive analysis of the paint spray guns market opportunites. 
  • In-depth paint spray guns market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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Marine Spreader Lights Market Analysis, Growth Opportunities, Future Demand And Leading Players Updates By Forecast To 2029

The factors such as the growth of the ship building industry and sea security are expected to grow more prominently which will drive the growth of the market. Moreover, manufacturers are focusing on the production of light that is waterproof which is the major restrain of the market. Furthermore, the marine exploration activities concerning oil and gas as well as environmental survey operations are set to provide new opportunities into the market.

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Key Market Players

  • Calibra Marine Equipment Ltd.
  • Lumitec LLC
  • TACO MARINE
  • West Marine
  • Boatlamps Ltd
  • DRSA
  • Gael Force Marine
  • Boemarine, Inc.
  • Oracle Lighting

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COVID-19 scenario analysis:

  • The global market for marine spreader lights is severely impacted by the outbreak of the COVID-19 pandemic.
  • The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns.
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of marine spreader lights, which negatively impact the market growth.
  • However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

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Key benefits of the report:

  • This study presents the analytical depiction of the marine spreader lights market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the marine spreader lights market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the marine spreader lights market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides detailed marine spreader lights market analysis depending on competitive intensity and how the competition will take shape in the coming years.

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Questions answered in the marine spreader lights market research report:

  • Which are the leading players active in the marine spreader lights market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

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About Allied Market Research

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