Trending Insights of Global Ballast Water Treatment Systems Market 2027

Transparency Market Research delivers key insights on the global ballast water treatment systems market. In terms of revenue, the ballast water treatment systems market is estimated to expand at a CAGR of ~10% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the ballast water treatment systems market report.

In this market report, TMR predicts that increase in sea trade worldwide is one of the major factors driving the growth of the ballast water treatment systems market, as 90% of global trade is carried out through the sea route. Marine transport is a crucial part of economic growth. This transport option is more cost effective and convenient compared to other forms of transportation. Rising industrialization and liberalization of several economies have encouraged free trade across the world. This has prompted the demand for container vessels and cargo ships. Demand for ballast water treatment systems is anticipated to grow during the forecast period with increasing demand for such vessels.

Additionally, ballast water also results in serious ecological issues, due to the multitude of marine species carried in ballast water of ships. Ballast water includes bacteria, microbes, eggs, small invertebrates, as well as cysts and larvae of various species, which once released into a new environment survive and reproduce and become invasive species. Many a times, such species become dominant and result in the extinction of the native ones. All these factors result in the growth of the ballast water treatment systems market.

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However, presence of multiple regulations coupled with lack of standardized regulations are some of the challenges hindering the growth of the ballast water treatment systems market. Different countries have different legislative requirements for ballast water treatment management. For instance, the U.S. has its own set of regulations mandated by the U.S. Coast Guard (USCG). Under such circumstances, it becomes difficult for ships from different countries to operate in U.S. waters. Hence, lack of implementation of standardized regulations is restraining the growth of the ballast water treatment systems market.

However, ratification of guidelines as per the IMO Convention by several Asia Pacific countries is anticipated to be a key business opportunity for the ballast water treatment systems market. Asia Pacific dominates in terms of sea trade. According to UNCTAD statistics, sea trade of the Asia Pacific region accounts for roughly 64% share of the developing economies. With increasing trade, ratification of guidelines by countries, such as China and several other Southeast Asian countries, is anticipated to boost the ballast water treatment systems market for the next couple of years.

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Waterjet Cutting Machinery Market Business Tactics, Company Profile & Growth Forecast Till 2027

Transparency Market Research (TMR) predicts that the global waterjet cutting machinery market would expand at a CAGR of 7.1% over the period 2019 and 2027. Furthermore, the total value of the market is projected to touch 1,718.5 Mn by the end of 2027. Basic industrial functions have also come under the ambit of the functional waterjet cutting machinery

The key strengths of waterjet cutting technology are versatility and environmental friendliness. Water which is abundantly available is the key raw material of waterjet technology and hence no other raw material cost is involved. In terms of environmental friendliness, the technology is a cold cutting process and environment friendly unlike laser cutting or plasma cutting. The versatility of cutting any soft or hard material is the key strength of waterjet cutting machines. The technology of this machine includes the cold cutting process and environmental friendly unlike laser or plasma cutting.

Soft materials such as wood and rubber can collapse under high-temperature environments. Research scientists suggest the use of high-pressure technologies to break through such brittle materials. Moreover, pressure-based technologies have proved more effective in shaping of objects as against other methods. Therefore, the global waterjet cutting machinery market is set to attract massive revenues in the years to follow.

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Waterjet cutting technique is better than other metal cutting techniques such as laser cutting, plasma cutting among other, as waterjet cutting technique can be used to cut a variety of metals, is environmental friendly, can cut more thicker metals compared to other metal cutting techniques, etc. In waterjet cutting techniques, the cut metal is not thermally deformed as no heat is used in the cutting process

Rising manufacturing activity across the globe

Automation of manufacturing activities has created fourth industrial revolution (4IR) and Industry 4.0 is the new name given to current trend in industrial automation. China which is known as the factory of the world, is increasing using automation technologies to increase its industrial output.

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Air Purification Systems Market - Comprehensive Study Explored In New Research With Key Players

The global air purification systems market is expected to grow with a CAGR of 11.2% from 2019 to 2027. The global air purification systems market in developing regions is primarily driven by the increasing urbanization and industrialization especially in China and India along with the degrading air quality, followed by growing concerns regarding harmful effects of air pollution on human health in these countries.

Obligation to follow strict laws pertaining to toxic emission control is also a major factor contributing to the growth of air purification systems. Emerging economies such as China and India are going to be a major market for air purification systems. Rising concerns are related to health such as asthma, respiratory disorders, and allergies due to degrading air quality. Government initiative to control the air pollution create lot of opportunity for new entrants and existing manufacturers

Dust collectors (exhaust filtration) remove dust impurities and other allergen particles from air or gas. There is increased demand for this type of air purification system and it will continue to dominate the market due to increasing industrial and commercial activities in different regions. The major reason for the growth of this segment is the need to make indoor air dust free from impurities.

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Some of the key players in presented in the report are Camfil Group, 3M Company, Philips Electronics N.V., Panasonic Corporation, Mann+Hummel, LG Electronics Inc., SPX Flow, Clarcor Inc., Honeywell International Inc., and Whirlpool Corporation.

Global air purification systems market size was valued US$ 8.45 Bn in 2018 and expected to reach US$ 21.9 Bn in 2027. North America was valued to be the largest region in 2018 and expected to maintain its dominance in coming years.

Key Trends Augmenting Growth for Air Purification Systems

Decrease in Indoor Air Quality (IAQ) and haze to increase demand for air purifiers in Asia

Pacific region

Decrease in indoor air quality (IAQ) level at alarming rate in major cities such as Delhi and Beijing and other metros in India and China respectively are propelling the demand for air purification systems during the forecast period.

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HVAC Motor Market Explores New Growth Opportunities from 2020 to 2027

According to a new market report pertaining to the global HVAC motor market published by Transparency Market Research the global HVAC motor market is anticipated to reach volume of 10,116 thousand units by 2027. The HVAC motor market is projected to expand at a CAGR of ~4% from 2019 to 2027 in terms of sale. Growth of the HVAC motor market can be attributed to integration of smart technology into HVAC motors, which has triggered their demand globally. Over the forecast period, North America is anticipated to emerge as the leading HVAC motor market, followed by Europe and Asia Pacific.

Rising Production of Automobiles Drives HVAC Motor Market

The surge in demand for efficient machine control in the automotive industry due to extensive adoption of efficient HVAC motors is one of the important factors accelerating the demand for HVAC motors across the globe. Additionally, HVAC motors are widely used in automobiles to support HVAC systems in a vehicle, such as for defrosting the windows, regulation of internal temperature, as well as engine cooling which are main elements of automobiles.

Furthermore, growing advancement and increasing production of passenger cars across the world is fueling the demand for HVAC motors, as these motors are used in automobiles in some common applications such as air conditioning blowers and fan motors.

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HVAC Motor: Market Segmentation

The global HVAC motor market has been segmented in terms of type, speed, distribution channel, industry, and region. Based on type, the HVAC motor market has been classified into permanent split capacitor (PSC) motors, split phase motors, and shaded-pole motors. Among types, the split phase motors segment dominated the global HVAC motor market in 2018. Based on speed, the HVAC motor market has been categorized into low-speed motors (less than 1,000 rpm), medium-speed motors (1,001-25,000 rpm), and high-speed motors (25,001-75,000 rpm).

In terms of distribution channel, the HVAC motor market has been categorized into direct sales (OEM), and indirect sales. In terms of industry, the HVAC motor market has been classified into automotive, food & beverages, oil & gas, petrochemical, agricultural, marine, manufacturing plants, aerospace & transportation, and others (power plants and mining).

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Envelope Paper Market to register significant gains over 2020-2027

Transparency Market Research delivers key insights for the envelope paper market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global envelope paper market is projected to register a CAGR of ~2% during the forecast period, due to several factors, about which TMR offers detailed insights and forecast in its envelope paper market report.

TMR found that the envelope paper market will be more tight in terms of value as well as volume due to reduced Uncoated Freesheet (or wood free) pulp supply. Major pulp and paper manufacturing companies such as the International Paper, Domtar, Georgia-Pacific have shut down or are planning to close their operations in the foreseeable future. These aspects lead to higher raw material prices.

However, TMR suggests that increased consumption of medium and large-sized envelopes from e-Commerce and logistics industries are expected to contribute to the growth of the global envelope paper market up to certain extent. Overall, the global outlook for the envelope paper market is expected to remain neutral or somewhat positive during the forecast period of 2019-2027.

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Increasing Demand for Window Envelopes to Propel Growth of Envelope Paper Market

Envelopes are used for sending letters or documents using regular postal mail services. Envelope paper is generally chosen from the following options - white paper, kraft paper, and specialty paper. The choice of envelope paper depends on application, which includes institutional usage, transformational usage, postal applications, direct mailing, pharmaceutical applications, and business letters, among others. Most of these applications require custom-made window envelopes that enable the recipient to easily access the messages sent.

Some of the key features of window envelopes include well-designed display envelopes, which allows the envelope to shine in direct mail campaigns, as multiple windows on the front or back to add extra appeal, increasing visibility of inserts. These window envelopes are specifically made with uniquely shaped and strategically positioned windows, and are available in hundreds of shapes & sizes, with single or multiple windows, or in combinations of front or back to offer consumers a preview of the contents of the envelope.

Players in Envelope Paper Market Offering Products Suitable for Sellers Operating through e-Commerce Platforms

Envelopes and other packaging that fits through letterboxes are considered important in e-Commerce, as these solutions are the best in terms of safe arrival and sustainability. In recent years, there has been a significant increase in goods dispatched in packaging suitable for the letterbox, and envelopes are increasingly used by sellers operating through e-Commerce. Books, concert tickets, and small spare parts are just some of the items sent through post.

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Packaging Machinery Market Regional Outlook, Competitive Strategies and Forecasts to 2026

Transparency Market Research delivers key insights for the packaging machinery market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2019–2026. In terms of revenue, the global packaging machinery market is projected to expand at a CAGR of ~6%, in terms of volume, during the forecast period, due to several factors, about which TMR offers detailed insights and forecast in packaging machinery market report.

The global packaging machinery market is fragmented. With over a hundred players present in the market. However, most of the key manufacturers have their base in five major countries including Germany, Italy, China, the U.S., and Japan. Manufacturers present in markets in Germany and Italy market offer very high quality and technologically advanced packaging machinery as compared to those offered by manufacturers in other countries. However, the packaging machinery offered by manufacturers in the European region is higher in cost as compared to their counterparts based in the Asia Pacific region such as India and China.

Around 60%-70% of the end user companies in the Asia Pacific are small-scale enterprises, which cannot afford to import expensive packaging machinery from the developed countries. However, TMR’s study also found that some of the companies in this region are not willing to compromise on quality over price. Increased consumption of packaged food products & beverages is expected to be the key dynamic force strengthening the growth of the global packaging machinery market. Overall, the global outlook of packaging machinery market is expected to remain positive during the forecast period.

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Food & beverages industry is the single largest manufacturing sector in terms of value addition and job creation in most of the economies growing at phenomenal rate. Worldwide sales of processed and packaged food have increased substantially over the last decade. This is majorly attributable to the factor to population growth in developing economies in the Asia-Pacific, Latin America, and the MEA. The packaging machinery market is expected to witness substantial growth on the back of the rising popularity of on-the-go and packaged food products in developed as well as developing economies.

Asia Pacific is expected to witness the highest growth in its GDP and middle-class households, driven by strong export orientation and manufacturing capabilities in China and India. Increasing private consumption is also anticipated to boost the demand for food service disposables in the region, which is expected to create a high-demand for packaging machinery in export-led economies. Consumer expenditure on food & beverages was estimated to be 8.5% of the global GDP in 2018. Moreover, consumer expenditure in the MEA and Asia Pacific is estimated to increase from 53% of the global expenditure to more than 60% in 2030, on the account of rise in disposable incomes of the middle class families in these regions.

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Storage Water Heater Market - Key Opportunity, Application and Forecast to 2027

• A storage water heater consists of a cylindrical vessel that keeps water constantly hot and readily available for use. It is available with different energy sources which includes gas, electricity, solar, and oil. Storage water heaters driven on gas are most commonly used in North America and Europe. Installation of solar operated storage water heaters are projected to increase rapidly in the near future as it is less expensive as compared to any other source of energy.

Rise in trend of using of solar energy driven storage water heaters projected to be a driving factor

• Increase in trend of using solar energy operated storage water heaters in various parts of the globe is projected to be a major driving factor for the storage water heater market during the forecasted timeline. Solar driven storage water heaters are considered highly energy efficient, low cost, and advance in terms of technology. This is expected to create lucrative opportunities for storage water heater manufacturers and distributors during the forecast period.

Strict rules and regulations imposed by federal governments of various countries regarding energy efficiency to drive the demand for storage water heaters

Stringent regulations & standards imposed by federal governments of various countries (majorly in Europe) related to the energy efficiency of electrical appliances is projected to increase the demand for storage water heaters during the forecast period. Strict standards & provisions implemented in terms of installation of heating systems in commercial and industrial places are anticipated to create significant business opportunities for producers and suppliers of storage water heaters in the near future.

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North America Considered to be the Largest Market for Storage Water Heaters

• Geographically, the global storage water heater market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America accounted for major share of the global storage water heater market in 2018. The market in North America is anticipated to grow at a moderate rate during the forecast period due to rise in demand for energy-efficient storage water heaters in countries such as the U.S. and Canada.
• The market in the Asia Pacific is anticipated to expand at a significant growth rate during the forecast period due to rapid increase in industrialization and increase in demand for water heating systems in China, India, Japan, and other Southeast Asian countries. This is expected to surge the demand for storage water heaters in the Asia Pacific market.

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