Tuesday, 21 July 2020

Wood Chipper Machines Market 2020 Growth And Key Players

The demand within the global market for wood chipper machines has been rising on account of key advancements in the worldwide forest industry. The use of wood chippers spans across multiple industries as wood is a key raw material for a number of industrial units and manufacturing entities. Wood chipping machines help in cutting, slicing, shaping, and edging of tree trunks and branches, and these functions may be performed for a wide range of applications.

The manufacture of wood chipper machine is a herculean task as it involves the use of cutting-edge tools, robust in-built machinery, and driving motors. The helming of wood chipper machines also requires prior knowledge about its functioning mechanism in order to ensure easy chopping and chipping of wood. The contemporary times have witnessed a high rate of deforestation due to the need for wood and teak across a wide range of industries. Owing to the aforementioned factors, it is legit to assert that the global market for wood chipper machines is treading an ascending growth path in recent times.

The global market for wood chipper machines may be segmented on the basis of the following parameters: product type, end-use industry, and geography. The relation of the wood chipper machines market to multiple industries calls for a deft understanding of the aforementioned segments.

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A report added by Transparency Market Research (TMR) on the global market for wood chipper machines is an illustrious account of several dynamics pertaining to this market. The demand drivers and restraints of the global wood chipper machines market have been stated and elucidated within the report. Besides this, the regional fragmentation of the global market for wood chipper machines has also been included in the report.

Global Wood Chipper Machines Market: Trends and Opportunities

The rapid spree of urbanisation across the world has led to the demolition of expansive forest lands, and has created a plethora of growth opportunities for the global wood chipper machines market. Development of new construction sites at the outskirts of towns and cities has called for swift chipping and cutting of trees and vegetation. Hence, the global market for wood chipper machines has been expanding at an astral rate over the past years. Furthermore, botanical gardens and amusements parks have also become key consumers of wood chipper machines on account of the need to shape and beautify trees in the premises.

Global Wood Chipper Machines Market: Market Potential

The biomass industry has been a historic user of wood chipper machines, and the use of such machines in this industry is expected to increase in the years to come. Furthermore, the manufacture paper, timber, and pulp is preceded by the chipping of bamboo and teak trees. This factor has also emerged as a key contributor to the growth of the global market for wood chipper machines in recent times. It is expected that the enhanced quality of drums, discs, and rollers used for wood-chipping would give an impetus to the growth of the global market for wood chipper machines.

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Global Wood Chipper Machines Market: Regional Analysis

The uncontrolled rate of urbanisation in China and India is projected to reek of growth within the market for wood chipper machines in Asia Pacific. The market for wood chipper machines in North America is also rising on account of the need to manufacture paper, pulp, and timber in the US and Canada.

Global Wood Chipper Machines Market: Competitive Landscape

Some of the key players in the global market for wood chipper machines are Redwood Global Ltd., Continental Biomass Industries (Terex Corporation), Changzhou LEFA Industry and Trade Co., Ltd., and EMB MFG, INC.

Plastic Water Storage Tank Market Analysis by Application

Water storage plays an important role for commercial, industrial, and residential or domestic purposes. Plastic water storage tank is one of the best alternatives of conventional water storage methods. It is a highly durable light weight tank, which occupies less storage area vis-à-vis concert or cement tanks. Additionally, plastic water storage tanks are flexible than conventional storage tanks. These are some of the benefits of plastic water storage tanks that are driving the market. Different materials are used to make plastic water storage tanks such as polypropylene or fiber glass materials and linear low density polyethylene. Increase in applications such as agriculture and irrigation, suppression reserves, chemical manufacturing, wastewater containers, and food processing are augmenting the plastic water storage tank market. 

Plastic storage tanks are manufactured based on type of liquid to be stored. These tanks have storage capacity of about 1.5 to 1.9 specific gravity. Plastics used for storage tanks are generally have easy visibility of the liquid level. These type of tanks are widely used for the storage of liquids including non-potable water, potable water, liquid fertilizers, diesel exhaust fluid (DEF), farm & agriculture chemicals, industrial chemicals, cleaning agents, soaps, waste vegetable oil, brine and other High Density Polyethylene (HDPE).

Plastic Water Storage Tank Market are used in emergency water storage, well water storage systems, livestock watering applications, irrigation systems, and agricultural watering. Plastic Water Storage Tank Market are highest quality material and is approved by food and drug administration's (FDA. Poly-mart plastic tanks offer a wide range of properties and are known for their high quality, superior design, assembly options, and color options. Scarcity of water in various regions has led to an increase in the usage of water storage systems across municipal and residential sectors. Furthermore, the necessity of treated, recycled, and fresh water for various purposes in industrial and commercial sectors, particularly in refineries, is propelling the demand for plastic water storage tanks. 

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Increase in population has boosted the demand for Plastic Water Storage Tank Market across domestic and public service enterprises in rural and urban areas. About half of the world’s population is estimated to face severe water scarcity in the near future. Thus, rise in concerns about conventional water usage due to the shortage of potable water across many regions is driving the global plastic water storage tanks market. Additionally, increase in global construction and industrialization activities is anticipated to fuel the plastic water storage tank market. Plastic water storage has been growing worldwide due to its manufacturing process. It is usually made by reprocessed plastics. This helps lower production costs. However, voluminous size of these storage tanks increases transportation costs. This is expected to restrain the market. However, extreme climatic conditions in Asia Pacific region is also one of the key factors hampering the plastic water storage tank market. 

The plastic water storage tank market can be segmented based on type of polymer, type of plastic, shape, size, and application. Based on the type of polymer, the plastic water storage tank market can be divided into fiber glass, polyethylene, and others. In terms of type of plastic, the market can be bifurcated into recycled and fresh. Based on shape, the market can be divided into cylindrical, rectangular, and other. In terms of size, the market can be segregated into small (less than1000 liters), medium (between 1000 liters and 5000 liters) and large (more than 5000 liters). In terms of application, the market can be classified into commercial, residential, municipal, and industrial. Medium size cylindrical water tanks are made up of recycled polyethylene based polymers. The segment is likely to hold major share of the global plastic water storage tank/ tank market. 

Based on region, the global water storage tank market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Developed economies in Europe and North America have contributed significantly toward the growth of the global plastic water storage tank market. Asia Pacific offers high potential for the plastic water storage tanks market. Countries such as India are facing severe water shortage in Asia Pacific. This is augmenting the demand for water storage systems in the region. Growth in the plastic water storage tanks market in Asia Pacific can be ascribed to wide oil and gas production activities that require fresh as well as reused water. 

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Key players operating in the global plastic water storage tank market include Niplast Storage Tanks, Sintex Industries Ltd, American Tank Co., Inc., GHP Manufacturing Pty Ltd, Protank, Karplas Composite Plastic Fiberglass Co., Cotterill Civils Ltd., Emiliana Serbatoi S.r.l., Carbery Plastics Limited, Enduramaxx Limited, Plastic Proget European (PPE) S.r.l., Nova Plastic Industries L.L.C, and Al Bassam International Factories L.L.C.

Research On Investment Casting Market (impact of COVID-19), Analysis

Investment casting process is a foundry process by which a metal part is produced from an investment mold that is formed by a heat-disposable pattern such as wax. Investment casting process is also termed as the lost wax method. These castings are commonly used in defense aircraft, launch vehicles, helicopters, regional jets, and commercial transport. Investment casting process is known for its highly accurate, and, near-net-shape.

Key factors driving the investment casting market include decentralized power generation, optimization of the casting process through simulations, and rising trend of pipeline connectivity and movement of natural gas. Rapid growth in the aerospace & defense sector will drive the demand for investment casting in the near future. Foundries must overcome the challenge of high energy cost as the energy consumption at every stage is immense. On the other hand, need for high initial capital investment is a major drawback of investment castings. The requirement of machinery for large scale production leads to high initial cost. Moreover, the preparation of the wax molds is a time consuming, labor-intensive process. These are some of the major factors hampering the growth of the investment casting market.

The global investment casting market can be segmented based on material, distribution channel, end-users, and region. On the basis of material, the investment casting market can be segmented into aluminum, superalloys, steel, titanium, and others which includes glass and brass. Based on distribution channel, the investment casting market can be bifurcated into direct sales and distributor sales. In terms of end-users, the investment casting market is bifurcated into aerospace & defense, automotive, industrial gas turbines, medical, engineering machinery, and general industrial machinery. Aerospace & defense is one the biggest end-user segment of the investment casting market.

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Commercial aircrafts and jet propulsion for defense offer investment casting the leading status in the casting industry. Based on region, the global investment casting market can be segregated into Europe, North America, Asia Pacific, South America, and Middle East & Africa. North America region is projected to be the major revenue contributor for investment casting due to the expanding manufacturing industry, primarily for civil aviation and industrial gas turbines. Secondly, the market in Asia Pacific is estimated to expand at a considerable pace during the forecast period due to increasing government investment in the aerospace & defense sector.

China and India are automotive hubs with large number of automotive OEM’s shifting their manufacturing facilities to these countries. This has influenced the demand for aluminium castings in these countries in the past couple of years. Rise in demand for investment casting in industries such as aerospace & defense, automotive, industrial gas turbines (IGT), medical, engineering machinery etc. will drive the market in developing Asian countries such as Japan and South Korea. This is expected to augment the demand for investment casting in these countries from 2018 to 2026.

Prominent players operating in the global investment casting market are Precision Castparts Corp, Amtek Group, Doncasters Group Ltd,  ABB, Bharat Forge Ltd., Alcoa Corporation, RLM Industries, Inc.,  ThyssenKrupp AG, Milwaukee Precision Casting, Inc.,  Aristo Cast Corporation, CIREX, Georg Fischer Ltd., The Anchor Danly Company, MetalTek International, Zollern GmbH & Co. KG., Thompson Investment Casting, Nova Technocast, Signicast, and Solidscape Inc.

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These players are estimated to face tough competition in the near future due to presence of a large number of local players in the market. Major brands are likely to focus on innovation of new products and research & development activities to strengthen their foothold in the global investment casting market. Companies are undertaking mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.

Smart Factory Market 2020 is Slated to Witness Tremendous Growth in Coming Years

Smart factories have gained huge traction in the past couple of years owing to the increasing adoption of intelligence technologies in various industries including energy, mining, manufacturing, and petrochemicals. Increasing use of high-tech tools and high-tech machinery portrays a beautiful combination of manufacturing and technological developments. Another significant factor driving growth in the global smart factory market is the industrial shift towards cyber world. In this, every component of value chain likely to be connected to ensure informed manufacturing with zero defects and no-time lags that will further augments demand in this market.  

The report provides major drivers and restraints that influence growth in the global smart factory. These insights will benefit key stakeholder to get a complete knowledge about the market and crucial pointers that might affect in the growth of this market. In addition, geographical analysis, vendor landscape, and segmentation are also thoroughly analyzed in the report. Various assessments and evaluation of the market dynamics are based on throw statistical analysis of large volume of relevant data.

Global Smart Factory Market: Notable Developments

General Electronic and Siemens are two eminent players in the global smart factory market. The former provides industrial automation solutions on different process and discrete industries and latter holds majority in the smart factory market. GE’s Intelligent Platform business division offers software and hardware technology platforms by mainly focusing on selling through solution providers. Siemens holds a competitive edge in petrochemical, oil and gas, and chemical industries. Some of the other companies are also making significant efforts in expanding smart factory market.

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  • Schneider Electric collaborating with Temasek, collectively entered an agreement to buy Larsen & Toubro’s Electrical & Automation business. They will then collaborate it with its Low Voltage & Industrial Automation Products business situated in India. This agreement will help both the companies to strengthen their position in this region.
  • IBM partnered with ABB for industrial artificial intelligence solutions. ­IBM Watson Internet of Things (IoT) and ABB Ability is a potent automation combination that will help in improving the production lines by recognizing critical faults over manufacturing process.

Several other players are also making significant efforts in expanding the global smart factory market by using different strategies and techniques. Some of the leading players include Schneider Electric, ABB, FANUC, Emerson Electric, General Electric, Yokogawa Electric, Honeywell International, Rockwell Automation, Mitsubishi Electric, Siemens, and Robert Bosch.

Global Smart Factory Market: Trends and Opportunities

Among the recent trends seen in the global smart factory market, includes development of Manufacturing Execution Systems (MES), data models for rapid usage, and factory-specific templates. Moreover, increasing industries of refurbished robots coupled with untapped fields such as industrial robots and RFID are projected to create lucrative growth opportunities in the global smart factory market.

Increasing R and D Activities by Institutions Led Dominance of Asia Pacific in Smart Factory Market

Geographically, Asia Pacific is expected to hold dominant share in the global smart factory market. Presence of dominant players such as Yokogawa, Mitsubishi Electric, Omron, and Fanuc led dominance of Asia Pacific in this market. In addition, increasing use of automotive technologies and technological innovations in various industrious industries also fueled growth in this market.

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Among the various developing economies in Asia Pacific, China has been using advanced industrial practices by implementing automation technologies in manufacturing sector. Information integration and intellectualization are the central focus of the government policies, which also contributed in the growth of the Asia Pacific smart factory market.  Moreover, various research institutions and organizations are working together to improve manufacturing processes in China. Japan is also playing a significant role in boosting growth in this market. Prominent three companies namely Honda, Suzuki, and Toyota are working towards creating smart factories by developing manufacturing sensors, robots, machine vision systems, and wireless technologies. These initiatives will also spur growth in this market. 

Freeze-Drying Equipment Market Growth Prospects, Insight Analysis 2020-2029

The global freeze-drying equipment market is set to grow alongside advancements in the food and beverages industry. There is humongous demand for improved drying technologies within the food industry, and this trend has ushered an era of growth within the market.

Freeze-drying techniques have been a matter of discussion across the medical and food analysis sectors, and this factor shall bring in fresh revenues into the market. Low-temperature dehydration processes, such as freeze-drying, serve greater utility as against conventional dehydration methods. Furthermore, the ease of processing a product after freeze-drying it has popularised low-temperature dehydration. Considering the factors mentioned above, the total volume of revenues within the global freeze-drying equipment market is set to increase.

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A report added by Transparency Market Research (TMR) on the global freeze-drying equipment market is a deft explanation of the forces that have supported market growth. The need for precision across the field of biological testing has created new inlets for market growth and maturity. Moreover, surgical transplants pertaining to biomedicine also involve the use of freeze-drying equipment for dehydrating several materials. In addition to this, use of freeze drying in vital areas such as biotechnology, biomedicine, and food preservation shall create new inlets for the inflow of revenues within this market.

Global Freeze-Drying Equipment Market: Notable Developments

The global freeze-drying equipment market has witnessed the emergence of several new advancements, and these developments have shaped market growth.

  • Use of vacuum-microwave technologies for drying pharmaceutical products can affect the growth dynamics of the market. Manufacturers of freeze-drying equipment market are wary of the competition they face from the development of new and more cost-efficient techniques for drying. Therefore, these entities are making ardent efforts to continually improve their marketing and manufacturing standards. The biopharma sector is amongst the most sought-after target groups for manufacturers of freeze-drying equipment. Investments in research and development by freeze-drying equipment manufacturers shall aid the growth of this market.
  • Several research lines pertaining to freeze-drying have come to the fore in recent times. Freeze-drying companies are entering into new regional territories to tap into the demand of new market groups. Therefore, the total volume of revenues within the global freeze-drying equipment market is set to increase by a dramatic chase.

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Some of the notable vendors in the global freeze-drying equipment market are:

  • Tofflon Science and Technology Co., Ltd
  • Labconco Corporation
  • Azbil Corporation

Freeze Drying Equipment Market: Growth Drivers

  • Importance of Food Processing

Food products procured using freeze-drying techniques are believed to be better in quality. The use of low-temperature processing techniques ensures that quality of the rehydrated product is not compromised. Furthermore, freeze drying also helps in dehydrating a product without changing its shape or size. The advent of new-age technologies within medicine, food and beverages, and biotechnology areas has created stellar demand for freeze-drying equipment. Manufacturers are focusing on improving their operations and technological game to foster quality and resilience in their products. Availability of high-end freeze-drying equipment shall transcend as a launch pad for market maturity.

  • Need for Healthier Food Options

The presence of a seamless industry for food processing has created fresh growth opportunities within the global market. Several food items including ice creams, coffee beans, and other important consumables are freeze-dried in the food processing sector. The importance of studying the potential impacts of freeze drying on the healthiness of food products has given a thrust to market growth. Several food processing units have begun buying their own freeze-drying equipment in order to localise all their processes. This trend shall unravel of plethora of new opportunities that manufacturers of freeze-drying equipment can pounce upon.

Distribution Automation Market Revolutionary Trends in Industry Statistics by 2020-2027

Reaching a significant market worth by 2027, the global distribution automation market is set to chart a notable CAGR (Compound Annual Growth Rate) owing to an increase in generation of renewable energy, and a rising demand for energy efficiency.

It is worth pointing out here that developing countries such as India are witnessing an increase in distributed energy generation and that is leading a plethora of untapped opportunities emerging in the market landscape.

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Global Distribution Automation Market: Competitive Landscape

The landscape of global Distribution Automation market is witnessing a slew of notable developments, which are shaping the future and overall appearance of the competitive landscape. A glance into the global Distribution Automation market is given below.

The global Distribution Automation market is fragmented owing to a decent number of players in the market landscape. And, prominent players in the global Distribution Automation market are Siemens (Germany), ABB (Switzerland), GE (US), Schneider Electric (France), and Eaton (Ireland). Software providers such as Cisco (US) and Xylem (Sensus) (US) provide software to OEMs such as ABB (Switzerland) and Siemens (Germany), among others.

In order to consolidate their market position, players clamor for an edge over competitors and that can be done via product development, advancement in technology and increasing investment in research and development in order to push innovation. Some of the players partner with others to combine capabilities and know-how, while exploring synergies to ensure growth in the future. Often, it also leads to a deeper penetration into a specific market.

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Global Distribution Automation Market:  Key Trends and drivers

The global Distribution Automation market is looking at significant factors of growth over the forecast period. Some of the key factors comprise the ones outline below. A thorough analysis can be found in the upcoming global distribution automation market study report done by Transparency Market Research (TMR).

  • Increase in generation of renewable energy is leading to growth in the distribution automation system. In the total energy mix, the share of renewables is increasing, driving the global Distribution Automation market up significantly.  Besides, it has been noted that existing infrastructure is ageing and as that demands for an upgrade, it is good news for the distribution automation market all the way.
  • Communication technologies are witnessing revolutionary advancement and so is Internet of Things (IoT), which is a solid foundation to build the future of automation on as it has the capacity of smoothening creases from planning, processes and outcomes. Besides, precision and accuracy will improve with further advancement in the field. Additionally, as advancement in technology leads to lower maintenance cost and high efficiency, market for the distribution automation will only see a higher upward curve over the forecast period.

Global Distribution Automation Market:  Regional Analysis

Over the forecast period, the region that is set to carve out a major chunk of the overall growth is Europe, owing to increasing investment levels in distribution automation. Besides, the growing complexity in the region’s infrastructure is calling out for automation to manage distribution effectively. Moreover, there is demand for bringing energy efficiency in the supply of power in Europe. Some of the key markets in the region for distribution automation are France, the United Kingdom (U.K.) and Germany.

However, it is pertinent to note that the fastest growing region would be that of Asia Pacific (APAC) over the forecast period. The growth owes itself to countries such as Japan, China and Australia. Besides, there is rapid industrialization marking the regional landscape, propelling growth in the global distribution automation market.

Jaw Crushers Market by Top Key Players, Demand and Forecast Research to 2027

  • Jaw crusher is a type of heavy duty machine or major size reduction equipment, which uses a metal surface to break or compress materials or large stones, rocks, and mountains into smaller one. Jaw crushers are mostly used in metallurgical and mechanical industries which crush different types of hard and soft materials.
  • Jaw crushers use the compressive force to crush the rocks. This mechanical pressure is achieved with the help of two jaw dies, one of which is movable and the other is fixed.
  • A jaw crusher crushes the material in one stroke because it consists of two plates, one part being fixed and the other mounted by Pitman mechanism.
  • Jaw crushers are used in various applications such as mining, building materials, and waste management and recycling.
  • The global jaw crushers market is projected to expand at a rapid pace during the forecast period due to their increased demand from commercial and industrial applications.

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Jaw Crushers Dynamics

Key Drivers of the Jaw Crushers Market

  • Expansion of infrastructure and construction industries in developed as well as developing countries is a major factor anticipated to fuel the jaw crushers market in the near future.
  • The incorporation of technology in the features of jaw crushers and rising adoption of technologically advanced jaw crushers in developing countries is anticipated to drive the global jaw crushers market.
  • Increasing automation in the mining and construction industry is further boosting the jaw crushers market.
  • Rise in the use of jaw crushers in industrial and commercial applications such as in mining, building and construction, and recycling is another key factor boosting the expansion of the jaw crushers market.
  • Jaw crushers are cost-effective, provide high productivity, easy maintenance, and convenient replacement of spare parts, have low noise pollution, low energy consumption, and a long lifecycle. This in turn is expected to propel the demand for jaw crushers during the forecast period.
  • Rise in demand for crushing hard materials and stones such as iron-ore, quartz, and copper is expected to propel the market demand in the next few years.

Limited Feeding Capacity of Jaw Crushers to Hamper the Market

  • Limited or smaller feeding capacity of each feeder and higher vibration is a major factor expected to hinder the jaw crushers market in the next few years.

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North America to hold major share of the jaw crushers market

  • North America dominated the global jaw crushers market and accounted for a notable share due to the presence of well-established and technologically advanced manufacturers in the region. The U.S. is the key market in North America due to high demand for jaw crushers in the country.
  • The jaw crushers market in Asia Pacific is projected to expand at a rapid pace. This can be attributed to increasing mineral resource exploitation and constant technological innovation, which is projected to fuel the jaw crushers market in the region. Furthermore, increasing government initiatives and investments in transportation infrastructure and rise in construction & infrastructure activities in Asia Pacific is further anticipated to propel the jaw crushers market in the region.
  • Demand for jaw crushers is rising in the Middle East and Africa region due to increasing infrastructural development and increasing focus on mining and quarrying.

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 ...