Water Saving Plumbing Products Market Demand, Growth Factors, Regional Trends, Future Plans and Outlook

 

• Water saving plumbing products are plumbing fixtures which use significantly less water than conventional fixtures. The wide range of water saving plumbing products available in the market includes low-flow toilets, low-flow showerheads, low-flow urinals, and low-flow faucets. Water saving plumbing products reduce consumption of water by 20% as compared to conventional plumbing products. Water saving plumbing products play a significant role in the conservation of water and the environment.

Strict standards and regulations imposed by federal governments of various countries regarding flow rate of plumbing fixtures anticipated to be a driving factor

• Stringent standards and regulations imposed by federal governments of various developed and developing countries regarding flow rate of plumbing products is anticipated to be a major driving factor for water saving plumbing products in the near future. The U.S. government has already legislated standards regarding the rate of water flow from plumbing fixtures under the U.S. Energy Policy Act of 1992. A few states in the U.S. offer rebates to individuals who exchange their plumbing products with low-flow plumbing products. Connecticut, Massachusetts, Rhode Island, and California have already taken the lead in terms of implementation of water efficiency standards.

Increase in trend of selling water saving plumbing products through e-commerce websites generates opportunity for manufacturers

• Rapid increase in trend of selling water saving plumbing products through e-commerce websites and other online distribution channels is estimated to create significant opportunities for manufacturers and distributors of water saving plumbing products during the forecast period. Companies are also offering attractive discounts and launching new offers to increase the sale of water saving plumbing products on e-commerce websites and various other online portals.

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North America and Europe hold major share of the water saving plumbing products market

• Geographically, the global water saving plumbing products market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America and Europe hold major share of the water saving plumbing products market across the globe. The market in North America and Europe which includes the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, and other European countries is anticipated to expand at a moderate rate during the forecasted timeline, due to extensive adoption of low-showerheads, toilets, faucets, and fixtures.
• Furthermore, the market in Asia Pacific is projected to expand at a significant growth rate during the forecast period. Rising trend of installing water saving efficient products such as aerated shower heads and flow limiting devices in China, India, Japan, and other Southeast Asian countries is estimated to surge the demand for water saving plumbing products in Asia Pacific.

Key Players Operating in the Water Saving Plumbing Products Market

Prominent manufacturing companies are anticipated to face healthy competition during the forecasted timeline. Companies such Kohler Co., TOTO LTD, Roca Sanitario, S.A., and Bradley Corporation are focusing on producing low-flow toilets and fixtures to strengthen their product portfolio and increase the demand for water saving plumbing products in different parts of the globe.

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Manufacturing companies are also investing in research & development to discover new designs and embed innovative features in the water saving plumbing products. Companies are also taking necessary steps to promote and plan advertising campaigns to expand the water saving plumbing products market in developing countries of the world. A few of the key players operating in the global water saving plumbing products market are:

• Bradley Corporation
• Elkay Manufacturing Company
• Globe Union Industrial Corp.
• Hansgrohe
• Kohler Co.
• Lixil Group Corporation

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Women’s Canvas Shoes Market: Competitive Landscape, Future Plans, Opportunities and Comprehensive Research Study Till 2027

 

• Canvas shoes are made from coarse cloth obtained from hemp. Canvas is used in boards, tents, shoes etc. Canvas shoes are basic casual shoes made with a canvas upper, and rubber, fiber, or leather sole.
• Women’s canvas shoes are available in different styles, from sneakers to slip on and pumps. Women’s canvas shoes are stylish, versatile, come in different shapes and sizes, and are available in almost every color which makes them an attractive option.
• Growth in disposable income, increasing spending power, change in lifestyle, and availability of customized services have led to increase in demand for women’s canvas shoes. Considering these factors, the women’s canvas shoes market is expected to grow during the forecast period.

Key Drivers, Restraints, and Opportunities of the Global Women’s Canvas Shoes Market

• With the evolution in the fashion industry, the purpose of footwear has changed and it is no longer limited to just protecting the feet. Women’s canvas shoes can be worn at the gym, while playing tennis, basketball, or any indoor sport, and in hot weather. The main advantage of women’s canvas shoes are that they are not limited to a particular clothing and can be paired with any outfit ranging from denims and tracksuits, to skirts and dresses. Women’s increasing interest in fitness is set to boost the demand for canvas shoes. The demand for women’s canvas shoes is mainly related to income, urbanization, population, and sports & fitness.

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• The influence of social media has led to many manufacturers starting an online business.  They also provide customized footwear. This kind of service is expected to further drive the market. Manufacturers replicate the footwear worn by famous models. The increase in social events, parties, and gatherings is also likely to lead to the rise in demand for women’s canvas shoes.
• The restraint to the market is the lack of cushioning and shock absorption which makes the shoes unsuitable for prolonged outdoor sports. Improvement in quality and comfort is projected to create business opportunities in the coming years.
• Women’s canvas shoes are affordable, easy to clean, easy to maintain, and can be washed in the machine; hence the market for women’s canvas shoes is anticipated to expand during the forecast period.

North America to Lead the Global Women’s Canvas Shoes Market

• Geographically, the global women’s canvas shoes market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

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• North America is expected to hold dominant share of the global women’s canvas shoes market, followed by Asia Pacific and Europe. Europe is a well-known supplier of footwear machinery and equipment.
• Asia Pacific is likely to be an attractive market for the growth of women’s canvas shoes during the forecast period. The global women’s canvas shoes market is competitive due to the presence of large number of global and regional players.

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Trampoline Park Equipment Market: Key Strategies to Use to Dominate Globally 2020-2030

 

• Trampoline park equipment are majorly used by children and teenagers while undertaking physical activities. Nowadays, kids are less active, with decreasing levels of fitness seen over the past few years, probably due to increasing time spent in front of smartphones, televisions, and intake of high calorie fat diets. Trampoline parks provide a platform to youngsters to maintain their fitness levels. Rise in trend of indoor trampoline parks in tier one and tier two cities in developing countries across the globe is expected to increase the demand for trampoline park equipment in the coming years.

Rising awareness among individuals about the significance of physical activities in children and youngsters anticipated to drive the trampoline park equipment market

• Rapid increase in awareness among individuals especially parents about the importance of physical activities in children and youngsters is projected to drive the trampoline park equipment market in the near future. Rising count of trampoline parks in emerging economies such as China, India, Japan, and various other parts of the globe are projected to create new opportunities for trampoline park equipment manufacturers. Various parts of the globe still have big untapped markets which need to be catered to by trampoline park equipment manufacturers.

Increasing number of trampoline parks in emerging economies an opportunity for trampoline park equipment manufacturers

• Rapid increase in number of trampoline parks in emerging economies is projected to create significant opportunities for manufacturers and distributors of trampoline park equipment during the forecast period. Trampoline park equipment manufacturers are also offering attractive discounts and offers to drive the sale of trampoline park equipment. In Asia Pacific and Middle East & Africa, demand for trampoline park equipment is projected to increase at a significant rate in the near future.

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North America and Europe Hold Major Share of the Trampoline Park Equipment Market Globally

• Geographically, the global trampoline park equipment market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• North America and Europe hold major share of the trampoline park equipment market across the globe. The market in North America and Europe is anticipated to expand at a moderate rate during the forecasted timeline. Increasing awareness about the significance of physical activities in kids and teenagers in the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, and other European countries is projected to drive the trampoline park equipment market in the near future.
• Furthermore, the market in Asia Pacific and Middle East & Africa is estimated to expand at a significant growth rate during the forecasted timeline. Rapid increase in number of trampoline parks in China, India, Japan, and other Southeast Asian countries is projected to surge the demand for trampoline park equipment in the Asia Pacific region.

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Key Players Operating in the Trampoline Park Equipment Market

Prominent manufacturing companies are likely to face healthy competition during the forecasted timeline. Companies such as Best American, Cheer Amusement, Dreamland Playground Co. Ltd., and Multiplay International Ltd. are focusing on innovation of new equipment, and bringing new technology equipped springless trampolines into the marketplace to meet the demand for trampoline park equipment in different parts of the world. Manufacturers are investing in research & development to discover new designs and smart trampoline park equipment.

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Rubber Expansion Joints Market: Leading Segments and their Growth Drivers 2020-2027

 

• Rubber expansion joints are manufactured from natural and synthetic rubber which are used as a flexible connector to relive the stress between piping systems due to thermal changes. They are also called as rubber bellows or rubber flexible joints. Rubber expansion joints absorb the noise and reduce the vibration caused by rotating equipment. Rubber expansion joints are used between equipment such as diesel engines, condensers, cooling water pumps, chillers, and pipelined systems. These joints are manufactured from different qualities of rubber such as butyl rubber, acrylonitrile butadiene rubber, chloroprene rubber, and silicone rubber. The growth of manufacturing industries, and the oil & gas sector is expected to boost the demand for rubber expansion joints in the near future.

Growing Waterworks Industry to Drive the Global Rubber Expansion Joints Market

• Growth of the waterworks sector (sewage system, marine industry, water pipeline systems, etc.) is likely to lead to increased usage of rubber expansion joints. Rubber expansion joints absorb the movements, and relieves the system strain caused by thermal changes such as pumping surges, by significantly increasing the service life of the pipework. Rubber expansion joints are available in single arch type and multiple arch type. Moreover, its use in other industries such as steel plants, industrial manufacturing, food and beverage, shipbuilding industry, and building construction are also major factors expected to drive the global rubber expansion joints market.

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Rising Oil & Gas and Petroleum Sector to Fuel the Rubber Expansion Joints Market Globally

• Rubber expansion joints absorb vibration and shock between the ducting system, prevents electrolytic corrosion, and acts as positive sealing for leak free operation. Rapidly growing oil & gas industry is expected to positively impact the rubber expansion joints market in the near future. Rubber expansion joints are manufactured according to their usage in different fields of work. The red color band rubber expansion joint represents the joint for water treatment, industrial water, acids, alcohol, esters, and are not suitable for oil-related media. The white color band rubber expansion joint is manufactured for the food and beverage industry. Manufacturers are focusing on product innovation which is expected to drive the global rubber expansion joints market during the forecast period.  

Asia Pacific to Lead the Global Rubber Expansion Joints Market

• In terms of region, the global rubber expansion joints market can be divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa.
• Europe includes the country-level analysis for U.K., Germany, France, and Rest of Europe. The North America rubber expansion joints market country-level analysis includes Canada, the U.S., and Rest of North America. The South America rubber expansion joints market is segmented into Brazil, and Rest of South America. Analysis and forecast of the rubber expansion joints market in Asia Pacific features India, China, Japan, and Rest of Asia Pacific. Middle East & Africa covers the market analysis for GCC countries, South Africa, and Rest of Middle East & Africa.
• The market in Asia Pacific is likely to witness maximum demand for rubber expansion joints from 2019 to 2027 due to a growing construction industry and manufacturing companies.

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Key Manufacturers Operating in the Market

Key manufacturers operating in the global rubber expansion joints market are:

• Garlock Family Of Companies
• Red Valve Company, Inc.
• AMCO Europe B.V.
• MACOGA
• The Metraflex Company Corporate
• Kadant Inc.
• UIP International, Inc
• STENFLEX® Rudolf Stender GmbH

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Nanosatellite & Microsatellite Market: High-growth Regions to Expand Geographic Footprint 2020-2027

The global nanosatellite & microsatellite market is extremely competitive and fragmented in nature, states a latest report by Transparency Market Research (TMR). Some of the prominent players operating in the global market are Clyde Space, Gomspace, Ruag Group, Raytheon, and Sierra Nevada Corporation. These companies are focusing on investing in research and development activities to introduce innovative products in the marketplace to gain a competitive edge in the global nanosatellite & microsatellite market. Alternatively, these players are entering into mergers and acquisitions to penetrate the global nanosatellite & microsatellite market. New players are entering the global nanosatellite & microsatellite market.

Growing focus on reducing the cost of miniature satellites, rising development of infrastructure, and advancements in satellites are expected to boost the global nanosatellite & microsatellite market during the forecast period. The global nanosatellite & microsatellite market is projected to expand at a CAGR of 12.9% from 2019 to 2027 to reach value of US$ 3.4 Bn by the end of the forecast period.

Geographically, the global nanosatellite & microsatellite market is expected to be dominated by Asia Pacific during the forecast period. Growth of the market in the region can be attributed to rising demand for applications related to earth observation and research and development of network infrastructure in developing countries in Asia Pacific. In terms of industry type, the global nanosatellite & microsatellite market has been segmented into agency, defense, educational, non-profit, energy & infrastructure, and others. Among these, the global nanosatellite & microsatellite market is expected to be led by the defense sector during the forecast period. This growth can be attributed to high demand in the defense sector to communicate with soldiers located in far-flung areas.

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Technological Advancements to Promote Growth of Global Nanosatellite & Microsatellite Market

Rising demand for miniature satellites and low costs incurred for production of miniature satellites are expected to boost the global nanosatellite & microsatellite market in the next few years. Increasing number of telecom companies is likely to generate demand for nanosatellites and microsatellites. These companies invest in nanosatellites and microsatellites to improve their Internet connectivity and bandwidth. Cost effectiveness and better features provided by modern microsatellites as compared to conventional ones are projected to drive the global nanosatellite & microsatellite market during the forecast period.  Hence, the global nanosatellite & microsatellite market is projected to expand at a substantial rate during the forecast period.

Moreover, advanced technologies that help in setting up research universities are projected to provide new growth avenues to the global nanosatellite & microsatellite market during the forecast period. Rising need for communication by using smart devices is projected to boost the global nanosatellite & microsatellite market in the next few years.

Implementation of Strict Regulations to Restrain Market

Stringent rules and regulations by International Telecom Union regarding radio frequencies are estimated to hamper the global nanosatellite & microsatellite market in the next few years. Moreover, lack of launch vehicles to launch miniature satellites are projected to hinder the global nanosatellite & microsatellite market in the next few years.

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However, increasing use of satellites to meet the rising demand for Internet access in areas without broadband service is estimated to present lucrative opportunities for the global nanosatellite & microsatellite market in the next few years.

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Industrial Valves Market: Factors Helping to Maintain Strong Position Globally 2020-2023

Industrial valves are devices that control the flow and pressure of liquids and gases within a system. Valves are used to control the flow of liquids and gases in the piping systems and it should be checked consistently to avoid any risks such as leakage and corrosion. On the other hand, valves used in industries can be operated manually or automatically.

Growth of industrial valves market is driven by increasing demand in industries such as oil and gas, wastewater and power among others. The government of developing countries such as Brazil, India, and China among others is investing heavily in pipeline infrastructure development mainly in oil and gas sector, which is expected to drive the installation of industrial valves over the forecasted period.

This result in higher demand of valves used in valve actuators namely, electrically, hydraulically and pneumatically among others in different industry verticals. Moreover, continuous generation of power via existing and old power plant is also driving the demand for industrial valves market in power sector.

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Some of the major restraints for industrial valves market are price war among vendors and strict government regulations and policies in the market. The participation of cross-industry vendors in the industrial valves market is also escalating the competition among valve vendors. For instance, pump and filtration vendors are offering valves along with the core valve vendors. However, the companies would have to develop specialized products in order to bring about product differentiation and produce higher margin valves which will be less vulnerable to competition.

The main types of industrial valves includes are ball, globe, gate, and butterfly valves among others Ball valves are used in rotational motion to start, stop or throttling the flow of fluids in the system. The industrial valves market can be further segmented by end use industries such as oil and gas, chemical and power among others. The growth in revenues of the industrial valves market is observed with multiple factors such as increased sale of industrial valves in building new infrastructure development and utilities globally. In addition, repairs and renovation in the existing infrastructure also drives the growth of industrial valves market.

Some of the key players operating in the industrial valves market are Pentair ltd, Flowserve Corporation, Emerson Electric Co, FMC Technologies, Alfa Laval AB, L&T Valves Ltd, IMI plc, Crane Co, AVK Group, Tyco International, Kitz Corp, Circor International, Inc., Curtiss-Wright Corp. and Cameron International Corporation among others.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Outdoor LED Displays Market: Consumption, Sales, Production, and Other Forecasts 2020-2027

Outdoor LED displays are utilized in offering improved view of various events such as exhibitions, sports events, live concerts, and many others. This factor is playing an important role in the increased adoption of LED displays in several countries across the globe for purposes like sports and advertising. This is likely to drive the global outdoor LED displays market over the years of projection.

Outdoor LED displays come with several advanced features, which are likely to escalate the demand for the product. These features are prolonged life, high-energy efficiency, and low operational price. Several LED companies offer end-to-end service to their clients such as displaying on site and installation. Furthermore, increased utilization of these platforms for fostering the promotional behaviors of several corporate brands are likely to trigger development of the global outdoor LED displays market. Video walls and advertising boards are used for such brand promotions.

Type, application, and region are displays market the three key parameters based on which the global outdoor LED displays market has been segmented for a detailed discussion. The sole purpose of such segmentation is to offer a clearer, precise, 360-degree view of the market.

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Global Outdoor LED displays market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global outdoor LED displays market is mentioned below:

• In February 2020, North America-based NEC Display Solutions is a prominent provider of digital signage solutions. The company made an announcement of an update regarding its Q series of dvLED (direct view LED) display lineup. This new display solution comes with an extended lifespan and high quality images. The improvement in the quality of image indicates at higher rate of refresh and more colors that are displayable. This upgradation is likely to increase the market share of the company in near future.

The global outdoor LED display market is highly competitive and driven by latest technologies. Some well-known organizations in the global outdoor LED displays market include the below-mentioned:

• Sony Corporation
• LG Electronics, Inc.
• Data Display Co., Ltd.
• Panasonic Corporation
• Toshiba Corporation
• Buchi Labortechnik AG

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Global Outdoor LED displays market: Key Trends

The global outdoor LED displays market is likely to observe following drivers, opportunities, and restraints over the assessment period, from 2019 to 2027.

Augmented Spend on Promotional Activities to Shape Contours of the Market

Augmented demand for outdoor LED displays for the purpose of broadcasting advertisements and live actions have increased over the years, which is positively affect the global outdoor LED displays market over the years of projection.

In the last couple of years, a rising number of sports and musical events are being aired in open spaces. In addition, development of sports arenas and open air venues is likely to shoot up the demand for the product in near future. A surge in the brand endorsement and promotion activities together with colossal rise in the development of new products is likely to play an important role in the development of the global outdoor LED displays market.

In addition to that, the prominent sports companies in the market are making hefty investments in the promotion of their products through outdoor LED displays. These increased promotional activities are estimated to draw attention of a large number of consumers toward sports products. As such, the demands for outdoor LED displays are expected to rise. In addition, a huge rise in the number of various sports events, such as IPL, FIFA World Cup, UEFA Europa League, Olympics, and many other events are likely open up new avenues of revenue generation for the global outdoor LED displays market in the years to come.

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