Market Highlights
Global Portable Filtration System Market is projected to be valued at USD 685 Million by 2025, with 4.02% CAGR during the forecast period, 2019–2025. The portable filtration system s majorly used for the separation of solid particles. This system is also equipped with high efficiency, high capacity elements that are capable of removing contamination. In 2018, Asia-Pacific dominated the global portable filtration system market in terms of share: MRFR The global market for portable filtration system has been segmented into five regions, namely North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific market is expected to hold the largest market share in the global portable filtration system market during the forecast period. The region is also expected to register the highest growth rate due to the increasing power generation capacity in India, China, and other South-East Asian countries. According to Construction Intelligence Council (CIC), Asia Pacific has the largest power generation construction investments worth USD 4.66 trillion. Moreover, rising industrialization and urbanization also led to an increase in the growth of the portable filtration system market in this region. Hence, increasing renewable energy projects in Asia-Pacific drives the global portable filtration system market and is expected to be the fastest-growing region during the forecast period. The portable filtration system market in Europe is expected to be dominated by Germany owing to the increase in power generation capacity. For instance, there has been a continuous increase in power generation, with fossil fuel electricity generation being more efficient in Germany. The portable filtration system market in North America is dominated by the US owing to the increasing demand for mobile filtration systems to be used for industrial applications. For instance, Parker Hannifin (US) manufactures and supplies portable filtration systems for various industrial applications which drives the portable filtration system market in the US during the forecast period. The global market for portable filtration system has been segmented based on flow rate, technology, end-user, and region. By flow rate, the global market has been divided into 0-10 GPM, >10-20 GPM, >20-60 GPM, >60-100 GPM, Above 100 GPM. The >10-20 GPM segment is expected to dominate the global market and is likely to register the highest CAGR. Based on technology, the global market is segmented as pressure filtration, centrifugal filtration, and vacuum filtration. The pressure filtration segment is expected to grow with the highest CAGR during the forecast period. By the end-user, the market has been segmented into power generation, manufacturing, oil & gas, paper & pulp, petrochemicals, and others. The power generation segment is expected to hold the largest market share during the forecast period. The Global Portable Filtration System Market is expected to grow at 4.02% CAGR during the forecast period. Scope of the Report This report provides an in-depth analysis of the global portable filtration system market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights the market size and shares for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global portable filtration system market by flow rate, technology, end-user, and region.
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Market Highlights
The growth of the retail sector with significant pace across the globe owing to the emerging market trends such as changing consumer lifestyle, increasing preference by end-use industries for dunnage packaging owing to its characteristics such as durability, cost-effectiveness, and compatibility for various end-use applications. The demand for dunnage packaging is also attributed to the secure and systematic arrangements which improve efficiency by minimizing the number of containers required for keeping individual article. Manufacturers, retailers, distributors, and suppliers are now focusing on materials, which can hold multiple parts at a time while retaining its conventional properties to insulate against light, heat & moisture. The introduction of multi-material dunnage solutions is expected to drive the demand for the dunnage packaging market as it has dual-material characteristics and consumes less space and caters stronger hold properties. The Global Dunnage Packaging Market is expected to witness sustainable growth during the forecast period owing to the growth in the packaging industry and changing preferences of manufacturers regarding packaging solutions. Asia-Pacific is expected to witness the highest growth in the global dunnage packaging market during the forecast period: MRFR By region, the global dunnage packaging market has been segmented into Europe, Asia-Pacific, North America, the Middle East & Africa, and South America. In 2108, Asia-Pacific dominated the global market, primarily due to the growth in various end-use industries such as automotive, aerospace, food & beverages, healthcare, and consumer goods mainly in China and India. The manufacturing industry in Asia-Pacific is growing due to the population and economic growth, which fuels the Asia-Pacific dunnage packaging market growth. Moreover, the busy lifestyles and the rising purchasing power in the developing countries coupled with the increasing awareness regarding the benefits of dunnage packaging among consumers is also expected to drive the market growth in Asia-Pacific. Besides, advanced composite packaging of goods with luxury specifications might hinder the overall market growth in the coming years. The Global Dunnage Packaging Market was valued at USD 2.8 Billion in 2018 and is expected to witness 5.1% CAGR during the forecast period. The corrugated plastic segment is expected to occupy the largest share of the global dunnage packaging market. By material type, the global market has been segmented into corrugated plastics, molded plastics, aluminum, steel, fabric dunnage, corrugated paper, wood, foams, and others. The corrugated plastic segment is expected to register the highest growth rate during the forecast period owing to the various advantages associated with durability and cost-effectiveness. These plastic materials are extremely lightweight and have a high load-bearing capacity. The wood segment is expected to grow with the highest CAGR growth rate in terms of volume in the global dunnage packaging market. The automotive industry segment is expected to occupy the largest share in the global dunnage packaging market. Based on the end-use industry, the global dunnage packaging market is segmented into automotive, aerospace, electronics, food & beverages, consumer goods, and healthcare. The automotive industry segment is expected to register the highest growth rate during the forecast period. The automotive industry is growing across the globe, owing to an increase in population along with increasing disposable income among consumers, which is expected to drive the automotive industry segment. Scope of the Report This study provides an overview of the global dunnage packaging market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for Europe, Asia-Pacific, North America, Middle East & Africa and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global dunnage packaging market by material type, end-use industry, and region.
Market Overview
The requirement of a sable grid for the future has led to tremendous development in the excitation system market 2020. The energy & power industry reports are produced by Market Research Future, which highlights market options for expansion. The income of USD 3.30 Billion is predicted to be achieved by 2025, with a 3.24 % CAGR. The surge in demand for synchronous machines is projected to guide the market to a higher market share in the forecast period. Moreover, the inclination for renewable energy is expected to fuel the excitation system market in the approaching period. Segmental Analysis The segmentation of the excitation system market has been conducted based on controller type, type, end-use, and region. By the applications, the excitation system market has been bifurcated into synchronous motors and synchronous generators. Based on the regions, the excitation system market comprises of North America, Asia-Pacific, Middle East, Europe, South America, and Africa. Based on the type, the excitation system market consists of AC excitation system, DC excitation system, and static excitation system. Based on the controller types, the excitation system market is divided into analog and digital. Detailed Regional Analysis The regional assessment of the excitation system market includes regions such as North America, Asia-Pacific, Middle East, Europe, South America, and Africa. The regional market in the Asia-Pacific is anticipated to seize the principal market portion of the excitation systems market in the forecast period. The governing position of the Asia-Pacific in the market is ascribed to the ever-increasing renewable energy-based facilities in China. The augmentation in demand for excitation systems in China is attributed to the requirement for continuous and consistent power supply. The mounting level of funding in renewable energy projects is estimated to boost the augmentation of the excitation systems market in the region, which is anticipated to be the fastest mounting region all through the forecast period. The excitation systems market in the European region is anticipated to be controlled by Germany due to the escalating demand for synchronous machines in the HVDC Network in the nation. Competitive Analysis The reinvention of the supply chains by integrating robust technology in them is estimated to spur the development of the market in the coming period. The state of technological development is estimated to be staggered as the development of the global market is at a relative standstill. The effect of unpredictable events has created substantial barriers that will have to suitably addressed and overcome to achieve normalcy in the global market. The need to invest in building a robust consumer base is estimated to rank on the top priorities of market leaders for the upcoming period. The weakening of trade channels is projected to present new challenges that have to be overcome expediently in the coming years. The regulations in various regions can be relied upon to rebuild market clout gradually in the future. The establishment of a definite competitive advantage is estimated to spur market development in the forecast period. The inducements offered by the government are expected to display a positive influence on the overall market development in the impending period. The Strategic contender operating in the excitation system market size are Siemens (Germany), VEO (Finland), Amtech Power Ltd (India), KONČAR (Croatia), Automation Electronics (India), Voith (Germany), Basler Electric (US), Tenel, s.r.o. (Czech Republic), Nidec (Japan), Andritz (Austria), General Electric (US), Reivax (Canada), ABB (Switzerland), and others. Industry Updates: Apr 2020 Emerson has recently completed the procurement of American Governor Company, manufacturer of technologies and services for hydroelectric turbine controls. The acquisition fortifies Emerson’s hydropower capability, improving its ability to help utilities distribute reliable power generation by renewable energy and be substantially responsive to the dynamic requirements of the electric grid. American Governor’s digital governor systems match Emerson’s Ovation automation technology, RX3i programmable automation controllers, and systems for equipment state monitoring, protection & excitation. Browse Full Report Details @ https://www.marketresearchfuture.com/reports/excitation-systems-market-8620 About Market Research Future: Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information. We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis. Contact Us: Market Research Future Office No. 524/528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312 Email:[email protected] Market Highlights
The Global Pallet Racking Market is estimated to witness significant growth during the forecast period owing to the rise in warehousing and logistics industries. The increase in global trade activities in emerging economies and a rise in trade-related agreements is likely to drive the global pallet racking market. The growing logistics and warehousing infrastructure and advancement in information technology and transportation industries are the prime factors, which is expected to create a higher demand for pallet racking. However, the low warehousing spaces and higher inventory cost acts as a restraining factor for the global pallet racking market. Asia-Pacific is expected to witness the fastest growth in the global pallet racking market during the forecast period: MRFR Based on region, the global pallet racking market is segmented as Europe, Asia-Pacific, North America, South America, and Middle East & Africa. Asia-Pacific is expected to dominate the global market, followed by North America. The market in Asia-Pacific is primarily driven by growing e-commerce logistics in China and India. The global pallet racking market size was valued at USD 8.2 billion in 2018, which is expected to witness 6.8% CAGR during the forecast period. The hybrid/customized racking segment is likely to hold the largest market share of the global pallet racking market: MRFR The global market is segmented, based on system type, into conventional, mobile racking, shuttle racking, and hybrid/customized racking. The hybrid/customized system is estimated to hold the majority of market share in the forecast period. The selective racking segment is expected to occupy the largest market share of the global pallet racking market: MRFR The global market is segmented, based on racking system type, into cantilever racking, selective racking, push back racking, drive-in racking, pallet flow racking, carton flow racking, and others. The selective racking likely to dominate the global pallet racking market, with 31% share of the total in 2018, will likely to continue its dominance during the forecast period. The hybrid/customized racking is likely to hold the largest market share of the global pallet racking market: MRFR The global market is segmented, based on load capacity, into up to 5 ton, 5–15 ton, and above 15 ton. The 5–15 ton segment is likely to hold the largest share of the market as it is mostly used for small warehouses. The warehouse & logistics segment is projected to hold the largest share in the global pallet racking market. Based on end-use industry, the global pallet racking market is segmented into automotive, food & beverage, retail, manufacturing, warehouse & logistics, and others. The warehouse & logistics segment accounted for the largest market share in 2018 and is expected to witness the fastest growth during the forecast period. Global Pallet Racking Market, 2018–2025 (USD Million) Scope of the Report This study provides an overview of the global pallet racking market size, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global pallet racking market by system type, stacking system type, load capacity, end-use industry, and region.
Overview
The Global Metal Cutting Tools Market is expected to be valued at USD 23,013.2 Million by 2024, with a CAGR of 6.51% during the forecast period (2019–2024). The report covers segmentations and drivers for a better glimpse of the market in the coming years. The cutting tools ensure effective manufacturing of critical and intricate components with ease and utmost precision. These cutting tools form an indispensable aspect of machine tools that are either numerically or conventionally controlled. The cutting tool inserts are used in applications, such as threading, milling & shearing, parting & grooving and drilling & boring. The growth of the cutting tools market is driven by various factors such as growing demand from various industry verticals such as automotive, aviation, and oil and gas and growing market for high-speed steel cutting tools. However, the growth of the market can be hindered due to the lack of skilled labor and high cost of titanium carbide alloy tools and other cutting tools. Competitive Analysis Some of the prominent players in the global metal cutting tools market are Hartmetall-Werkzeugfabrik Paul Horn GmbH (Germany), Zhuzhou Cemented Carbide Cutting Tool Co. Ltd (ZCCCT) (China), Kennametal Inc. (US), OSG Corporation (Japan), ISCAR LTD (Israel), MAPAL Dr. Kress KG (Germany), Makita Corporation (Japan), Robert Bosch GmbH (Germany), Stanley Black & Decker, Inc. (US), Klein Tools, Inc. (US), ICS Cutting Tools, Inc. (US), Snap-on Incorporated (US), Hilti Corporation (Schaan, Liechtenstein), Sandvik AG (Sweden), Ingersoll Cutting Tools (US), FRAISA SA (Switzerland), KYOCERA Cutting Tools Group (Japan), Asahi Diamond Industrial Co. Ltd. (Japan), J SCHNEEBERGER Maschinen AG (Switzerland), Vollmer (Germany), CERATIZIT Group (Luxembourg), and Koki Co. Ltd. (Japan). Koki Holdings Co., Ltd invests in developing new products and technology, improving its distribution network, and enhancing its digital capabilities to market its products over the next few years with the objective to gain higher returns on its invested capital. It focuses on acquisitions to increase its global footprint. For instance, the company strategizes on forming strategic alliances with the global start-ups for improving its position in the cutting tools market. Robert Bosch GmbH is consistently expanding its product range of professional garden tools, cutting tools, and others. It focuses on investing in product development and product launches to extend its product line and offer competitive power tools to clients, all over the world. The company focuses on developing new solutions, with focus on improving overall performance. It strategizes to form cordial relationships with many large companies who enable it to accelerate its growth by delivering a value proposition aligned with the customer’s needs. Segmental Analysis The global metal cutting tools market is segmented based on tool type, material type, application, and region. On the basis of tool type, the global market has been segmented into solid round tools and indexable inserts. On the basis of material type, the global market in this report has been segmented into cemented carbide, high speed steel, stainless steel, ceramics, polycrystalline diamond, cubic boron nitride, and exotic materials. On the basis of application, the global market has been segmented into automotive, aerospace & defence, construction, electronics, oil & gas, power generation, wood cutting, die and mold, and others. On the basis of tool type, the solid round tool segment is projected to witness significant growth during the forecast period due to the growing adoption of solid round tool for various industrial applications, such as solid carbide drilling, milling, HSS tapping, reaming and threading. Hence, the high versatility and adaptability of the solid round tools are expected to drive the solid round tools segment during the forecast period. On the basis of material type, the high speed steel segment is experiencing a phenomenal growth over the forecast period. The high-speed steel (HSS) is widely used in cutting tools, such as, drills, taps, milling cutters, tool bits, gear cutters, saw blades, planer and jointer blades, and router bits. High speed steel tools are the most popular for the use in woodturning, as the speed of movement of the work past the edge is relatively high for handheld tools, and HSS holds its edge far longer than high carbon steel tools can. Due to such features, the high-speed steel segment in the global cutting tools market is projected to witness robust growth during the forecast period. On the basis of application, the aerospace & defense segment was the second largest market in 2018 and is projected to witness a significant growth during the forecast period. The high advancements in the aerospace & defense and the growing budget investment in the major economies are expected to propel the demand of cutting tools in the aerospace & defense applications. Regional Analysis Geographic analysis of the global metal cutting tools market spans across Americas, Europe, Asia Pacific (APAC), and Middle East & Africa In 2018, Asia-Pacific was the leading market with a market value of USD 6,127.3 million. The regional market value is expected to reach USD 9,730.5 Million by 2024 with an impressive 8.12% CAGR during the forecast period. In 2018, Asia-Pacific dominated the global cutting tools market size with 38.6% market share. Rapid growth in the construction and manufacturing in countries such as China, India, and South Korea is expected to increase the demand for cutting tools in the coming years. Moreover, the region is home to one of the largest manufacturing industries for machine tools, automotive, electronics, consumer products and others, globally. Hence, the region is expected to witness the highest CAGR of 8.12% and retain its leading position in the global market during the forecast period. South Africa, the UAE, and Saudi Arabia are the major contributors of the cutting tools market in the Middle East & Africa. They account for most of the construction and manufacturing activities in the region. Moreover, there is an increasing scope for the growth of the oil and gas industries, which is among the key factors driving the cutting tools market in the region during the forecast period. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Browse Full Report Details @ https://www.marketresearchfuture.com/reports/metal-cutting-tools-market-8159 About Market Research Future: Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information. We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis. Contact Us: Market Research Future Office No. 524/528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312 Email:[email protected] |
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