Wednesday, 8 April 2020

Construction Market: Major Trends and Growth 2027

  April 08, 2020    No comments
  • The construction market has witnessed slow growth in the past few years, due to economic slowdown. However, the construction market is expected to expand during the forecast period due to increased investments in infrastructure and rising economic activity.
  • Growing environment concerns and adoption of green buildings are likely to drive the construction market. Energy regulations laid down by governing authorities globally are anticipated to boost the entry of new players in the construction market.

Construction Market: Regional Overview

  • Asia Pacific is likely to be the most attractive market for construction during the forecast period, due to rapid industrialization and infrastructure development. Global players are entering the Asia Pacific region to gain significant market share.
  • North America and Middle East & Africa are expected to be other major markets for construction. Growth in population and increase in disposable income of people are fueling the demand for residential and commercial buildings.
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Infrastructure is crucial for overall growth of a nation and governments globally are heavily investing in infrastructure development, which is anticipated to drive the construction market during the forecast period.
  • The construction market in South America and Europe is expected to witness slow growth during the forecast period

Construction Market: Major Trends

  • The construction market is aided by development in artificial intelligence, cloud collaboration, digital twin technology, and wearable technology
  • Augmented reality and virtual reality are being used for design purposes in large construction projects. Drones are being used for real-time updates, tracking, and for inspection purposes. Optimizing time and resources is now possible with the help of connected construction. For instance, the Development Bureau of Hong Kong, on January 1, 2018, made it mandatory for construction companies to use BIM (Building Information Modeling) for projects exceeding US$ 30 Mn.
  • Various construction companies have adopted a lean approach to increase efficiency and maintain stability. Expansion of the industry globally is a prominent trend. Entering new markets and collaborating with local companies gives a base to new companies.
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Construction Market: Drivers, Opportunities, and Restraints
  • Modularization, standardization, and prefabrication of components are projected to have a positive impact on the construction market. Increasing project complexity, competition, and constraints in supply chain are restraining the market.
  • Material is an important part of the construction industry. Innovation in material will have a considerable impact on construction cost, sustainability, and quality. The building material industry is working on innovating material combinations for multifunctional characteristics as well as optimizing existing materials.
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Global Amphibious Excavator Market: Regional Outlook and Growth

  April 08, 2020    No comments
  • An excavator is a heavy duty construction equipment that is used in various operations such as digging, material handling, and construction
  • Amphibious excavator, as the name suggests, is suitable for use both on land and water. It is also known as swamp buggy or swamp excavator. Amphibious excavators perform dredging in soft terrain, such as swamps, marshes and wet lands, and shallow water, while remaining afloat on water. The amphibious excavator consists of more than one hydraulic motors.
Global Amphibious Excavator Market: Dynamics
Increase in dredging activity in shallow rivers worldwide fuels sale of amphibious excavator
Dredging is a process of excavation of sediment from the bottom of a water body and disposing it to a different location. Rise in water-borne trade in shallow waters across the globe is increasing the demand for dredging. Dredging is required so that water-borne traffic can easily move through the water body for transportation. Amphibious excavators are widely utilized across the world for dredging purposes. Consequently, a rise in dredging activity across the globe drives the sale of amphibious excavators.
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Rise in construction across the globe propels sale of amphibious excavator
The construction sector is significantly large worldwide, and it is estimated that US$ 10.0 trillion is spent, annually across the globe, in goods and services related to the construction sector. Rise in commercial and industrial construction in Asia Pacific is driving the demand for amphibious excavators. Emerging economies in Asia Pacific, such as China and India, are witnessing a rise in industrial activity, which is boosting both residential and commercial construction and consequently, propelling the demand for amphibious excavator.
Global Amphibious Excavator Market: Regional
Asia Pacific to hold prominent share of global amphibious excavator market
  • Based on geography, the global amphibious excavator market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • The market in North America is broken down and analyzed at country-level, which includes the U.S., Canada, and Rest of North America. Similarly, the amphibious excavator market in Europe can be classified to the country level into Germany, France, the U.K., and Rest of Europe.
  • The amphibious excavator market in Asia Pacific includes China, India, Japan, and Rest of Asia Pacific. In Rest of Asia Pacific, countries in Southeast Asia are a significant markets for amphibious excavator in the region. The analysis of the amphibious excavator market in Middle East & Africa includes South Africa, GCC countries, and Rest of Middle East & Africa. The amphibious Excavator market in South America can be bifurcated into Brazil and Rest of South America.
  • The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period.
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Asia Pacific Short Path Distillation Unit Market to Expand Rapidly

  April 08, 2020    No comments
  • Short path distillation unit, also called molecular distillation unit, is a compact purification system that involves short path distillate travelling at reduced pressure. This can give high purification level at small working place. Short path distillation units are preferred for unstable compound at higher temperature or purification of small amount of compounds.
  • Rapid industrialization and urbanization are expected to fuel the demand for short path distillation units during the forecast period. Pharmaceutical and petroleum industries are the major consumers of short path distillation units. Development in these industries expected to influence the short path distillation unit market.
Key Drivers of Global Short Path Distillation Unit Market
  • Major consumers of short path distillation units are petroleum and pharmaceutical industries. Rapid urbanization and industrialization is driving the demand for petroleum products and water treatment systems, which is expected to fuel the growth of the short path distillation unit market in the near future.
  • Companies operating in the global short path distillation unit market are focusing on technological advancements to expand their product portfolio and improve product efficiency. They are adopting different business strategies, such as merger & acquisitions with small companies and R&D for the development of new products to cater to the increasing demand for short path distillation units in different regions.
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Growth Opportunities in Short Path Distillation Unit Market
  • Surge in economic development rate in emerging economies of Asia Pacific region and Middle East & Africa, owing to increase in the number of industries and significant population growth.  Thus, short path distillation units are being increasingly installed in various industries, such as petrochemical, petroleum, pharmaceutical, etc., in these regions. Moreover, compact structure and minimal use of equipment make this product appropriate for different industries. Small industries are preferring short path distillation units to reduce their operational cost. This factor is anticipated to drive the market during the forecast period.
Low Efficiency of Short Path Distillation Units to Hamper Market
  • Major challenge faced by the short path distillation unit manufacturers is product efficiency. Other techniques, such as rotary evaporator, are more efficient compared to short path distillation. However, increasing investments in product development and technological advancements are expected to fuel market growth.
  • Asia Pacific is expected to be a rapidly growing market for short path distillation units during the forecast period, owing to the increase in demand in emerging countries of Asia Pacific as a result of significant growth of several industries.
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  • North America and Europe held significant share of the global market in 2018 owing to presence of several market players in the beverage, chemicals, and petro product industries across these regions.  
  • Rise in demand from petroleum industries is anticipated to drive the short path distillation unit market in Middle East & Africa during forecast period, thus increasing its market share.
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Ground Protection Mats Market Will Generate New Growth Opportunities by 2027

  April 08, 2020    No comments
  • Ground protection mats are portable mats used as a temporary roadway over the uneven roads, soft grounds, or hard surfaces. These mats prevent the crack or any damage caused due to heavy equipment on the surface of lawn or garden. The ground protection mats are available for various types of loads such as medium duty, heavy duty, and extreme heavy duty. Also, they are weather-proof, durable, and reusable.
  • Ground protection mats provide effective provisional roadways and operating platforms to ensure safe operation and transport of workers and equipment. They are generally used at construction sites and resource-based events including drilling rigs and mining for safe and efficient work.

Increase in Construction Activities to Drive Global Ground Protection Mats Market

  • Growth of the construction industry is expected to lead to increased use of ground protection mats. Ground protection mats are used to provide temporary path or roadway for heavy duty vehicles and equipment to pass over the soft grounds or hard surfaces. Moreover, they are used in other industries, such as aerospace & defense, industrial manufacturing, and electrical industry. All these factors are anticipated to drive the global ground protection mats market.
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Rise in Demand for Rental Mats to Hamper Global Sales of Ground Protection Mats

  • Ground protection mats are used for transportation of medium load, heavy load, and extremely heavy load at construction sites of various industries such as oil & gas, petrochemicals, historical sites, and residential construction. Commercial and industrial users opt for ground protection mats on the rental basis over purchasing which can hamper the sales of the global ground protection mats. Rise in demand for rental ground protection mats hinders the purchase of new mats.

North America to Lead Global Ground Protection Mats Market

  • In terms of region, the global ground protection mats market can be divided into: North America, Asia Pacific, Europe, and Middle East & Africa
  • North America is further categorized for the country and sub-region level analysis which includes Canada, U.S., and Rest of North America. Analysis and forecast of the ground protection mats market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Similarly, Europe includes markets across the U.K., Germany, France, and Rest of Europe. Middle East & Africa includes the ground protection mats market analysis and insights for South Africa, GCC Countries, and Rest of Middle East & Africa. The ground protection mats market in South America is segmented into Brazil and Rest of South America.
  • North America is likely to witness the maximum demand for ground protection mats from 2019 to 2027, followed by Asia Pacific and Middle East & Africa
  • Leading manufacturers of ground protection mats have extensive distribution networks along with deep product penetration. Several manufacturers of ground protection mats are focusing on innovation in product portfolio and manufacturing the products which are more economical, much stronger, weather-proof, and can be reused for longer duration.
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Aerospace and Military Auxiliary Power Unit (APU) Market Revenue and Manufacturers Outlook

  April 08, 2020    No comments
The aerospace and military auxiliary power unit market worldwide is expected to grow at a healthy pace in the coming years. The development of fuel cell, E-APU, and gas turbine auxiliary power units is expected to bolster the global market. Additionally, the rising opportunities for aerospace and military APU in manufacturing advanced fuel cells are estimated to supplement substantially towards the growth of the market. The research study offers a detailed analysis of the global aerospace and military APU market and throws light on the key growth prospects and potential opportunities. In addition, a comprehensive view of the key segmentation and the competitive landscape have been given in order to offer a detailed study of the global market. 
Global Aerospace and Military Auxiliary Power Unit (APU) Market: Drivers and Restraints 
The global aerospace and military APU market is expected to witness substantial growth in the near future, thanks to the rising number of air travel and technological advancements in this field. In addition, the increasing fuel economy and the high growth of electric aircrafts are projected to encourage the growth of the global market throughout the forecast period. The growing popularity of the green environment and the emergence of low sound auxiliary power units are predicted to generate promising opportunities for the key players operating in the global market. 
On the flip side, the lack of enhanced and effective battery technologies and the cuts on defense budgets are some of the major reasons estimated to curtail the growth of the global aerospace and military APU market in the forecast period. In addition, the high voltage drops owing to the high frequency and the high cost of these units are projected to hamper the growth of the market. 
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Global Aerospace and Military Auxiliary Power Unit (APU) Market: Region-wise Outlook 
Among the key geographical segments, North America and Europe are expected to lead the global aerospace and military APU market throughout the forecast period. These regions are likely to account for a massive share of the overall market, thanks to their high defense budgets. Furthermore, Asia Pacific, Latin America, and the Middle East segment are projected to witness significant growth in the next few years with the rising focus of government on enhancing their defense sector. 
A significant rise in the terrorist’s activities across the globe is another reason encouraging the growth of the overall aerospace and military auxiliary power unit market in the near future. Furthermore, with the rising focus on research and development activities and the substantial contribution from the U.S., Germany, Japan, China, Russia, and France are some of the other factors expected to encourage the growth of the global market. 
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Key Players Mentioned in the Research Report are: 
Some of the prominent players operating in the aerospace and military auxiliary power unit market across the globe are Falck Schmidt, Jenoptik AG, United Technologies Corporation, Kinetics Ltd., Honeywell International Inc., Microturbo, The Marvin Group, Dewey Electronics Corporation, and Hamilton Sundstrand. Among these, United Technologies Corporation and Honeywell International Inc. are expected to collectively hold a key share of the global aerospace and military APU market throughout the forecast period.
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Underwater Warfare Systems Market: Competitive Landscape, Key Players, Future Developments and Industry Growth till 2027

  April 08, 2020    No comments
Operations led to establish battle space supremacy in the underwater environment, which allows friendly forces to complete the full range of missions and denies rival force for the effective use of underwater weapons and systems. It includes mine warfare operations, antisubmarine andoffensive & defensive submarine. 
Underwater warfare systems is one of the three operational areas of naval warfare, aerial warfare and surface warfare. The demand for the undersea warfare systems market systems is anticipated to be driven by increasing disputes over offshore resources, trade routes and maritime borders. Counter and anti-access area denial are becoming a dynamic part of maritime strategies implemented by key navies globally and undersea warfare is anticipated to recover its importance. 
Based on type, the undersea warfare systems market is divided into combat systems, sensors, manned and unmanned systems and counter measures & communication. Among various types, in 2015, the combat systemssegment estimated to be the key market followed by manned and unmanned systems and sensors.
New developments in maritime technology such as stealth submarines, unmanned vehicles and maritime robots, network centric warfare, under sea communications and enhanced detection ranges of sonar among others are expected to inspire investment in R&D projects which in turn expected to boost the market for the undersea warfare systems during the forecast period of 2016 – 2024. In addition, communication and counter measures segment is estimated to rise at the maximum CAGR during the estimate period. 
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Based on end use, the undersea warfare systems market is divided into navy, air force and army. Among various types, in 2015, navy segment estimated to be the key market followed by segment estimated to be the key market followed by manned and unmanned systems and sensors. Increase in demand of submarines, surface ships, helicopters and combat airplane is expected to boost the market during the forecast period of 2016 - 2024.
In addition, warfare between submarines, other surface ships and submarines; helicopters and combat airplanes among others is other factor driving the market for Based on the geography, the undersea warfare systems market is divided into Asia Pacific, North America, Europe, Middle East & Africa and South America. North America grips the key market share trailed by Asia Pacific. Some of the major factors driving the market for undersea warfare systems in North America are huge naval spending and rise in demand for new submarines.
In 2015, the U.S. is the key market for the undersea warfare systems market, globally. Moreover, Asia Pacific is the second major market for undersea warfare systems market trailed by Europe, South America and Middle East & Africa. Asia-Pacific is expected to witness the maximum CAGR among all regions during the estimate period. In addition, Asia Pacific dominated by India, China, South Korea and Japan. Moreover, China held the largest share for the undersea warfare systems market in Asia Pacific in 2015. It is also expected to experience healthy growth in the coming years. Growing research and development activities started by different research organizations acts as an opportunity factor for the market. The UK, France and Russia accounted for major market share in the European region in 2015. 
Some of the major players in the undersea warfare systems market include are BAE Systems Plc (United Kingdom), Northrop Grumman (United States), Boeing Company (United States), Raytheon Company (United States) and Thales Group (France). These major players are targeting to penetrate growing economies and are implementing several methods to boost their market share. In addition, some of the other major players SaaB AB (Sweden), DRS Technologies Inc. (United States), ECA Group (France), General Dynamics Corporation (United States), Kongsberg Gruppen (Norway), Lockheed Martin Corporation (United States), Ultra Electronics Corporation (United Kingdom),S.A. de Electronica Submarina (SAES) (Spain), Atlas Elektronik GmbH(Germany) and Harris Corporation (United States) among others.
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Key Drivers of the Electrohydraulic Pumps Market

  April 08, 2020    No comments
  • Electrohydraulic pumps (EHP) are the advanced version of the hydraulic pump, which reduces emissions and fuel consumption. Electrohydraulic pumps are primarily designed or developed for all electric mobile applications and hybrid electric applications.
  • Electrohydraulic pump systems comprise an electric motor directly joined to a hydraulic pump, which is controlled through a high performance mobile hardened drive.
  • The global electrohydraulic pumps market is predicted to expand at a rapid pace during the forecast period owing to increased demand for electrohydraulic pumps in different applications such as electric power steering, and electro-hydraulic systems and circuits.
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Electrohydraulic Pumps Dynamics
  • Increasing shift toward electrohydraulic pumping units has impelled growth in the electrohydraulic pump market. This in turn is expected to propel the demand for electrohydraulic pumps in the next few years. This is primarily because the mobile hydraulic systems use a gas or diesel engine along with hydraulic pump; thus, it reduces fuel consumption and carbon dioxide emission.
  • Additionally, equipment manufacturers are also shifting toward electrohydraulic solutions, which is expected to fuel the market in the forthcoming years. This is mainly because electrohydraulic pumps are up to 80% more efficient than their traditional counterparts.
  • Electrohydraulic pumps provide power-on-demand functionality i.e. the electrohydraulic motor pump only spins when flow and pressure are required for work functions. This is another major factor expected to fuel the electrohydraulic pumps market globally.
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  • Electrohydraulic pumps have the ability to control the amount and direction of hydraulic flow by controlling speed and direction of the electric motor. This is the major factor anticipated to propel the electrohydraulic pump market globally.
  • Increasing awareness about electrohydraulic pumps features is further anticipated to fuel the market growth among different applications.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...