Ammunition Market Technological Innovations and Future Opportunities 2026

According to a new market report published by Transparency Market Research titled “Ammunition Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global ammunition market is expected to reach US$ 16,468.2 Mn by 2026. The market is projected to expand at a CAGR of 3.5% during the forecast period from 2018 to 2026. According to the report, the increase in defense expenditure by emerging economies such as China, India, and Japan is expected to be the primary growth driver for the ammunition market. Asia Pacific is projected to be at the forefront of global demand, with the market in the region growing at a CAGR of 5% through 2026.

Full metal jacket segment to be the fastest growing throughout the forecast period

The global ammunition market is segmented by type into full metal jacket (FMJ) ammunition, tracer ammunition, incendiary ammunition, armor piercing ammunition, and other ammunition. The full metal jacket segment is anticipated to occupy major revenue share by 2026 owing to the increased demand from the military and other law enforcement organizations. In order to improve the penetration of the bullet, FMJ design has room for customization of the bullet which makes it among the most preferred ammunition in the market.

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Military segment to be the major revenue generating segment by 2026 due to growing security concerns

In terms of application, the ammunition market is segmented into commercial, military, and law enforcement. The military segment is expected to be the major revenue generating segment by 2026. This growth can be attributed to the increased defense spending by governments of various regions and the need to improve the versatility, agility, and capability of the armed forces. The military segment is expected to expand at a modest CAGR of 3.8% over the forecast period.

North America expected to continue to hold significant share in the overall market

North America is expected to hold highest share in the ammunition market during the forecast period and experience significant growth over the forecast period. The growth is mainly due to the presence of large number of players providing ammunition and associated products coupled with the significant increments in military budgets by the governments in the region.The Asia Pacific market is projected to grow at the highest CAGR during the forecast period due to the increasing military spending and growing demand for ammunition from countries such as China, India, and Japan.

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Modular Refinery Market - A Latest Research Report to Share Market Insights and Dynamics

• Modular refinery is a skid-mounted modular structure based crude oil processing refinery plant. Each modular structure is an essential component of crude oil refinery. It is connected to each other by means of pipelines.
• Structures or individual components of modular refineries are usually fabricated in a factory or site far from the required location in a controlled environment. This reduces costs to a larger extent and also improves efficiency of the process. Modules manufactured are transported to the required site for installation, resulting in a much quicker installation time than conventional refineries.
• Major components of modular refineries generally include modular atmospheric distillation units, modular vacuum distillation units, hydrotreater units, hydro desulfurization units, catalytic reformer units, and hydrocracker units.

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Key Drivers of Global Modular Refinery Market

• Rise in government initiatives to increase local refining capacities, especially in developing and underdeveloped countries across the globe, is expected to drive the demand for modular refineries in the near future. Governments across the globe are striving to curb import of refined products in order to reduce their fiscal deficit. Demand for refined products is rising at a rapid pace in these countries. As a result, their import and burden on economy is also increasing. These facilities enable governments either to import or produce crude oil, which can be broken down into refined products.
• Governments are investing significantly in modular refineries to increase their refining capacities in order to lower the cost and maintain continuous supply of refined products. These facilities not only ensure security of continuous supply of transportation fuels, but also enhance the power generation capacity and secure LPG supply.
• Quick installation period and lower investment costs are another key drivers of the market. Modules of these refineries are pre-built and tested before shipping to the site; therefore, their installation requires comparatively much less time than conventional on-site building approach. These refineries are much smaller in size and processing capacity; therefore, they require comparatively low capital investment than conventional refineries. These refineries can be relocated depending upon the situation and requirements.
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Commercial Printer Market Review With Forecast Research Report 2019 – 2027

• Commercial printers are ideally used in small and medium size businesses to print papers. Compared to residential printers, commercial printers provide high capacity printouts. Commercial printers enable the printing of a wide range of materials including product manuals, direct mail, catalogs, books, and transactional applications.
• A typical commercial printer has different press and binding equipment to work on various types of jobs. For large print-runs, offset printing which involves creation of print plates remains the dominant method. Therefore, in general, commercial printing has many advantages to create professional and outstanding final products catering to different end- use industries.

Key Drivers of the Global Commercial Printer Market

• Increasing number of small and medium size businesses in emerging economies is anticipated to create lucrative business opportunities for commercial printers in the next couple of years. Commercial printers have extensive application in various small and medium size businesses. Therefore, demand for commercial printers is anticipated to increase during the forecast period with the growing number of SMEs.
• Additionally, growth in the packing industry worldwide is anticipated to fuel the growth of the commercial printer market. Furthermore, the commercial printer market is majorly driven by increasing advertising needs of businesses, taken care of by advertising firms.
• Additionally, growth of e-commerce platforms have expanded the geographical presence of manufacturers worldwide. This is anticipated to augment the growth of the commercial printer market.

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Packaging opportunity for commercial printers to create new opportunity in the commercial printer market

• The ongoing digital transformation, namely electronic displacement, has created new challenges for commercial printers. Internet adoption, proliferation of connected devices, and the ability to track user behavior and data is a boon to digital communications and marketing. Commercial printer manufacturers are differentiating their products and services due to the advent of digital displacement. Most manufacturers in this industry have moved into sign and display graphics application produced on wide format equipment.

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Rotary Cultivator Market Latest Innovations, Future Scope and Market Trends

• A rotary cultivator is a basic agricultural equipment used for breaking up and tilling the soil before cultivation of crops by mounting it on a tractor. It consists of a series of blades mounted on a revolving power-driven shaft.
• The rotary cultivator is also used to remove unwanted weeds, and aerate and loosen the soil after the cultivation of crops. These are highly efficient machinery used by farmers integrated with sophisticated and advance technologies.
• The rotary cultivator is also suitable for interculture farming operations by adjusting the distance between the tines as per crop requirement. This is useful for cultivating multiple crops.
• Rising dependence on advanced agriculture machinery by farmers all over the globe has influenced the growth of rotary cultivators; this is likely to drive the growth of the rotary cultivator market during the forecast period.

Rising Dependency on Rotary Cultivators

• The agriculture sector across the globe prefers high capacity, cost effective equipment with advanced technology, which is expected to drive demand for rotary cultivators. In addition, rise in government initiatives to promote modern agricultural practices is likely to drive the rotary cultivator market. Rising labor cost along with more time and effort required in conventional farming is likely to lead to switch toward modern farming across the globe by using innovative agriculture machinery. This is influencing the growth of the rotary cultivator market across the globe.

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Rapid growth in the agriculture sector

• Agriculture is the most vital sector in emerging countries, as it plays a strategic role in the process of economic development. This is promoting new technologies and encouraging agricultural research by governments. Rising demand for agricultural goods across the globe has prompted regional bodies to opt for reliable agriculture machinery. The rotary cultivator is considered the basic implement by farmers to perform agriculture operations. Rapid growth in the use of tractors is likely to drive demand for rotary cultivators.

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Gas Detection Equipment Market Set to Record Exponential Growth by 2027

Global gas detection equipment market is expected to grow with a CAGR of 4.7% from 2019 to 2027 and expected to reach the market size of US$ 5.56 bn in 2027.

Mining, oil and gas, and constructions are some of the industries where a gas leakage can wreak havoc at the manufacturing facility. It leads into damage of workplace and can suffocate the workers to death. To reduce this risk, businesses are incorporating various safety measures that can come in handy during such emergency. However, the best protection for the workers is to have an early warning and real-time alerting solution. These solutions can notify the workers about the gas leakage, as soon as, it happens. This provides crucial time to the workers to either control and stop the leakage, or vacate the area.

These security measures are also a crucial factor responsible for the consistent growth of global gas detection equipment market.In terms of region, Asia Pacific accounted for the major share in the global gas detection equipment market. Growing industrialization in India and China is a key factor of this market growth. Furthermore, growing safety regulations, and stringent policies by the government to ensure the safety of the workers is also boosting the prominence of Asia Pacific in the global gas detection equipment market from 2019 to 2027.

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Increasing Product Adoption Rate Will Drive Gas Detection Equipment Demand

Companies are changing their safety norms to ensure the safety of their employees. This pursuit of safety is stimulating major adoption of several safety equipment. This factor is driving the adoption rate of gas detection equipment at global level. However, the demand for gas detection equipment has significantly spiked in recent years, especially in industries, where workers have to work in confined and hazardous spaces. This adoption is the major factor that is anticipated to boost the growth of global gas detection equipment market from 2019 to 2027.

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Industrial Robotics Market Strategies and Forecast, 2020 to 2027

Industrial robots have a vital role to play in automation of industries, as several key operations are taken care of by industrial robots in several industries. Economic development in various countries offers promising growth opportunities to the global industrial robotics market. Rapid expansion of e-Commerce activities coupled with phenomenal growth of automotive and electronics industries is an added impetus to the global industrial robotics market.

Some of the renowned market players analyzed in the report on the global industrial robotics market are Yaskawa Motoman Robotics, Kawasaki Heavy Industries, Denso Corporation, Toshiba Machine Co., Ltd., Fanuc Robotics, and KUKA Robotics. The global industrial robotics market is projected to reach US$ 297 Bn by 2027. The market is likely to grow at a CAGR of ~9% from 2019 to 2027.

Growing Demand for Collaborative Robot to Drive Industrial Robotics Market

Collaborative robots are built to work alongside human beings through interaction in a shared workspace. Collaborative robots have the ability to automate the work easily and hence, are used in variety of applications such as packaging, pick and place, screw driving, assembly, lab testing, and quality inspection. Furthermore, collaborative robots help companies to enhance the production output with high levels of work safety, as these robots can perform repetitive work at a faster pace.

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Demand for collaborative robots is continuously on the rise in different industry verticals including retail, healthcare, automotive manufacturing, and several others, owing to their numerous benefits and associated applications. Several manufacturers operate in the industrial robotics domain such as Universal Robots, KUKA AG, and Franka Emika GmbH, who offer a wide variety of collaborative robots for various industries.

Extensive Deployment of Industrial Robots in Manufacturing Units Drives Market in North America

Based on region, the global industrial robotics market has been segmented into Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. Regional segmentations are likely to facilitate better understanding of market dynamics at play in each of the regions during the forecast period.

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Smart Wine Cellar Market Research and Analysis 2019-2027

In the commercial sector, there is a growing trend of restaurants and bars looking to improve operations by incorporating smart wine cellars. Stakeholders in the smart wine cellar market are designing products that focus on the ease of identification of stored bottles, with class and smart lights incorporated to solve the dual purpose of saving time and acting as a display case. Manufacturers are also focusing on practical conveniences of the restaurant industry, with wine cellars either two- or three-temperature zoned, allowing them to monitor the humidity and temperature levels inside the cellar. Security of the wine in the cellar is also a key feature in commercial smart wine cellars being provided by manufacturers.

The rapid adoption of connected smart wine cellars capable of doing much more than just store wine and monitor temperature, especially in restaurants and bars, is gaining popularity. This, along with the increasing number of restaurants, is one of the major driving factors for the adoption of smart wine cellars.

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Recovering Wine Consumption Expected to Contribute to Adoption of Smart Wine Cellars

According to the International Organisation of Vine and Wine (OIV)’s press release about wine consumption, there has been a continuing recovery trend since 2014 regarding the consumption of wine in traditional markets in North America and Europe, with emerging markets in Asia. This recovery is expected to contribute to the adoption of smart wine cellars in these regions. This presents an opportunity for manufacturers to capitalize on the trend of changing lifestyles and increasing consumption of wine, and strengthen their presence in these regional markets.

However, despite being touted as the future of wine storage technology, with several smart features, the smart wine cellar market’s growth may be restrained by the high cost factor. This applies particularly to developing countries, markets where purchasing power is rather low in comparison to developed countries.

The ban on alcohol in several countries and rules & regulations prohibiting the consumption and sale of alcohol can also act as a deterrent to the growth of the smart wine cellar market in developing regions.

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