Domestic Booster Pump Market Growth Statistics and Forecast to 2030

Transparency Market Research delivers key insights on the global domestic booster pump market. In terms of revenue, the global domestic booster pump market is estimated to expand at a CAGR of 8.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global domestic booster pump market report.

In the report, TMR predicts that the global domestic booster pump market would be largely driven by factors such as increasing household construction, and the demand for energy efficient pumps, along with their export across the globe.

In the domestic booster pump market report, the product segment includes single stage and multiple stage. Based on application, the market has been segmented into residential homes/flats and farm houses/cottages/guest house. In terms of distribution channel, the domestic booster pump market has been divided into DIY, wholesalers, and third party installers.

Rapid growth in acceptance of energy efficient pumps is expected to propel the growth of the domestic booster pump market in the future. The domestic booster pump market is widely fragmented. Large number of small, medium, and large companies operate in the market at the global and domestic level. Companies are focusing on offering innovative solutions to increase their market reach.

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Domestic Booster Pump Market: Prominent Regions

Asia Pacific is expected to remain a popular region in the domestic booster pump market, due to rapid growth in demand for water pumping solutions and penetration of multinational players in emerging countries such as India, China, Australia, and other Asian countries. This is anticipated to drive the domestic booster pump market in Asia Pacific at a lucrative growth rate in the future as compared to other regions.

Demand for domestic booster pumps in Europe and North America is estimated to expand at a significant pace in the near future, due to increase in demand for domestic booster pumps. The U.K., Germany, France, Italy, Russia, the U.S., and Canada are anticipated to be prominent markets for domestic booster pumps during the forecast period.

The market in South America and Middle East & Africa is anticipated to grow at a rapid rate in the coming years. GCC, South Africa, Brazil, Mexico, and Argentina are likely to be potential markets for domestic booster pumps.

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Major promising players are likely to focus on expansion of business by undertaking strategic alliances and merger & collaborations to strengthen their footprints in the global domestic booster pump market. Companies are expanding their business by supplying their equipment through several distribution channels. Companies are also focusing on offering cost effective innovative solutions to farmers to increase profitability for sustainable growth of businesses.

Domestic Booster Pump Market: Key Players

Key players operating in the global domestic booster pump market include KSB SE & Co. KGaA, Grundfos Holding A/S, Alfred Karcher GmbH & Co. KG, WILO SE, Franklin Electric Co., Inc., and Xylem Inc.

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Digital Signage Market Share Estimation and Growth Prospects by Regions to 2027

According to a new market research report published by Transparency Market Research the global digital signage market is expected to reach value of US$ 28,538.7 Mn by 2027, expanding at a CAGR of 5.5% from 2019 to 2027. Asia Pacific is likely to continue to lead the global market, with the market in the region expanding at a CAGR of 6.3% between 2019 and 2027.

Rising number of sports and entertainment events across the world driving the global digital signage market

With the emergence of well-equipped home entertainment systems, stadiums and arenas are finding attractive alternatives for fan engagement and marketing in sports. Although digital signage are not new in sports events, they are now being used even behind the scenes i.e. for powering score boards, parking lots, rest rooms, luxury suites, etc. apart from attaining premium viewing experience.

Digital signage are also increasingly being employed for real-time content upgrade and screen controls for scores and stats, targeted messaging by facility zones, combining way-finding with promotional content, powering interactive kiosks with team and player information, attention-grabbing digital menu boards, emergency notifications, etc. The impact of this driver on the global digital signage market is expected to be medium during the forecast period.

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Global Digital Signage Market: Scope of Report

The global digital signage market has been broadly segmented in terms of type, display technology, offering, application, and geography. Based on type, the market has been segregated into standalone digital signage, web­­-based digital signage, and IPTV-based digital signage. In terms of revenue, the standalone digital signage segment holds the maximum market share. It is anticipated to continue its position, expanding at the highest CAGR of 6.0% during the forecast period. In terms of display technology, the global digital signage market has been classified into OLED, LCD, HD projector, LED, and others. Among these, the LCD segment accounted for a major i.e. 31.10% share of the global market in 2018.

Based on offering, the global digital signage market has been divided into hardware (including display/monitor and media player), software (including audience analytics software and others), and services. The software segment is prominently expanding due to increasing number of cloud-based and audience analytics software being introduced in the market. In terms of application, the global digital signage market has been categorized into transportation, retail, hospitality, entertainment & sports, education, corporate, banking, and others. In 2018, the retail segment accounted for a prominent market share. The segment is estimated to expand at a significant CAGR of 6.3% during the forecast period, due to increase in advertisement across different manufacturing industries.

Based on region, the global digital signage market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Europe is anticipated to hold a leading share of the global market during the forecast period, followed by North America and Asia Pacific. This is primarily due to technological advancements in the region. Furthermore, presence of a large number of manufacturers of display panels in North America has made it another prominent region of the global digital signage market. Moreover, the market in Asia Pacific is projected to expand at a significant CAGR of 6.3% during the forecast period.

Innovative and rapidly expanding companies are driving the economies in Asia Pacific. The market in Middle East & Africa is estimated to witness moderate growth from 2019 to 2027. The market in South America is expected to witness sluggish growth during the forecast period.

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Global Digital Signage Market: Competition Dynamics

The research study includes profiles of leading companies operating in the global digital signage market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players operating in the global market are AdMobilize LLC, Advantec Co Ltd, BroadSign International, Cisco Systems Inc., LG Electronics, NEC Corporation, Omnivex Corporation, Panasonic Corporation, Quividi, RedFalcon, Samsung Electronics Co., Ltd, Sharp Corporation, and Sony Corporation. Companies are focusing on expanding their business through acquisitions and strategic partnerships.

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Die-Attach Materials Market Growth Analysis by Manufacturers, Regions, Type and Application

The global die attach materials market is experiencing highly competitive landscape as the leading players in the market are concentrating in using leading-edge techniques for production, as analyzed by Transparency Market Research (TMR). The regular use of these technologies will decrease the overall manufacturing cost incurred. However, they are expected to face certain challenges for raw material procurement mainly because of fluctuating prices of conductive polymers and pure metals.  Some of the main players in the market are Alpha Assembly Solutions, Dow Corning Corporation, Henkel, Master Bond Inc., AI Technology, Creative Materials Inc., and Hybond Inc.

According to the author of the report by TMR, the die-attach materials market is projected to expand at a steady CAGR of 3.1% during the forecast tenure from 2017 to 2026. The market value is estimated to reach US$ 970 mn by the end of the forecast period in 2026. The category based on type of form of die-attach materials in which paste-based segment is expected to see high growth during the forecast period. According to the geographical analysis, Asia Pacific excluding Japan (APEJ) holds the major market share. The major producers of die-attach materials are China and South Korea have contributed significantly and is expected to gain 70% of revenue by the end of 2026.

High Usage of Die-Attach Material in Wide Range of Industries to Boost the Market

The demand for die-attach material is experiencing high demand as there is a high demand for adhesive that are applicable in wide range of industries and commercial use. Moreover, the demand for die-attach material is also increasing due to increasing disposable income, increasing significance in films in packaging, and rising urbanization. The use of die-attach material is also seen in die attach film, die attach paste, and used as adhesive tape for a lead on chip.

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These factors are expected to boost the market for die-attach materials in coming years. Consumer electronics also require high amount of die-attach that is used in integral parts of electrical circuit boards. Semiconductor industry has also generated opportunities for various electronic components where the demand for die-attach materials has significantly grown.

Complications in Expanding Facilities May Restrict the Market from Growing

Apart from various drivers growing the demand for die-attach materials market, there are certain restraints that may hinder the market to attain its full potential. The major restrain is faced in the expansion of production facilities. The reason for this restrain is that the manufactures are facing complications, as the suppliers are unable to obtain raw material at a cost effective price.

Nevertheless, these restrains will eventually be minimized with the growing demand form emerging economies, thus asserting that the die-attach material market will grow during the forecast period. Additionally, the availability of different types of die-attach materials such as solder, films, sintering, and adhesives will help in increasing the demand in the global market.

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The information presented in this review is based on a TMR report, titled “Die-Attach Materials Market – (Product Type – Adhesives, Films, Sintering, Solder, and Other Product Type; Material Type – Polymer Adhesives, Eutectic Die Attach Materials, and Other Material Type; Form Type – Powder, Pastes, and Wires) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026”.

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Die-Attach Materials Market Application, Forecast and Industrial Analysis to 2026

The global die attach materials market is experiencing highly competitive landscape as the leading players in the market are concentrating in using leading-edge techniques for production, as analyzed by Transparency Market Research (TMR). The regular use of these technologies will decrease the overall manufacturing cost incurred. However, they are expected to face certain challenges for raw material procurement mainly because of fluctuating prices of conductive polymers and pure metals.  Some of the main players in the market are Alpha Assembly Solutions, Dow Corning Corporation, Henkel, Master Bond Inc., AI Technology, Creative Materials Inc., and Hybond Inc.

According to the author of the report by TMR, the die-attach materials market is projected to expand at a steady CAGR of 3.1% during the forecast tenure from 2017 to 2026. The market value is estimated to reach US$ 970 mn by the end of the forecast period in 2026. The category based on type of form of die-attach materials in which paste-based segment is expected to see high growth during the forecast period. According to the geographical analysis, Asia Pacific excluding Japan (APEJ) holds the major market share. The major producers of die-attach materials are China and South Korea have contributed significantly and is expected to gain 70% of revenue by the end of 2026.

High Usage of Die-Attach Material in Wide Range of Industries to Boost the Market

The demand for die-attach material is experiencing high demand as there is a high demand for adhesive that are applicable in wide range of industries and commercial use. Moreover, the demand for die-attach material is also increasing due to increasing disposable income, increasing significance in films in packaging, and rising urbanization. The use of die-attach material is also seen in die attach film, die attach paste, and used as adhesive tape for a lead on chip.

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These factors are expected to boost the market for die-attach materials in coming years. Consumer electronics also require high amount of die-attach that is used in integral parts of electrical circuit boards. Semiconductor industry has also generated opportunities for various electronic components where the demand for die-attach materials has significantly grown.

Complications in Expanding Facilities May Restrict the Market from Growing

Apart from various drivers growing the demand for die-attach materials market, there are certain restraints that may hinder the market to attain its full potential. The major restrain is faced in the expansion of production facilities. The reason for this restrain is that the manufactures are facing complications, as the suppliers are unable to obtain raw material at a cost effective price.

Nevertheless, these restrains will eventually be minimized with the growing demand form emerging economies, thus asserting that the die-attach material market will grow during the forecast period. Additionally, the availability of different types of die-attach materials such as solder, films, sintering, and adhesives will help in increasing the demand in the global market.

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The information presented in this review is based on a TMR report, titled “Die-Attach Materials Market – (Product Type – Adhesives, Films, Sintering, Solder, and Other Product Type; Material Type – Polymer Adhesives, Eutectic Die Attach Materials, and Other Material Type; Form Type – Powder, Pastes, and Wires) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026”.

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Electric Traction Systems Market Growth Analysis by Manufacturers, Regions, Type and Application

The global electric traction systems market is highly fragmented. The five leading companies held around 9.5% share in the overall market in 2016. The market seems to be highly competitive, owing to which the firms are working to develop distinct offerings keeping mind the pricing of the components and advancement of electric traction systems. Moreover, the key players are also working on launching customized products, along with long term maintenance facilities in order to grow in the market. Several firms are concentrating on mergers and partnerships to gain access to strategic resources and up profit eventually.

In a recent merger between Alstom and ABB Ltd. in November 2016, ABB Ltd. contracted with Alstom for supplying 1600 traction transformers for 800 electric freight locomotives in India. Alstom S.A.,  ABB, Ltd. (Switzerland), The KONAR Group, Delphi Automotive LLP, Siemens AG, Voith GmbH , Schneider Electric SE, Mitsubishi Electric Corporation, The Curtiss-Wright Corporation, Toshiba Corporation, Prodrive Technologies, General Electric, Co., Bombardier Inc., CG Power and Industrial Solutions Ltd., American Traction Systems, Caterpillar Inc., VEM Group, TTM Rail – Transtech Melbourne Pty Ltd., Traktionssysteme Austria GmbH, Kawasaki Heavy Industries Ltd., Hyundai Rotem Company , Ansaldo Signalling, Hitachi, Ltd. are some of the key firms leading the global electric traction systems market.

According to Transparency Market Research, the electric traction systems market is anticipated to witness a tepid growth with 2.5% CAGR within the forecast period from 2017 to 2025. The market was valuated to be worth US$342.94 bn in year 2016 and is likely to reach around US$426.54 bn by the end of 2025.

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Based on type, the electric traction motor segment held 63% of overall shares in 2016 in electric traction systems market, owing to its several applications in electric traction systems. Geographically, Asia Pacific region led the entire market in 2016, with 35% of overall market, where India and China contributed majorly to its growth, trailed by Japan and Australia.

Rise in Use of Electric Locomotives to Propel Demand for Electric Traction Systems Market

Increased rate of urbanization, modernization of passenger railcars, combined with the tremendous rise in the utilization of electric trains, have been the major factors driving the global market for electric traction systems in past few years. The unfaltering ascent in railway traffic in developing and developed economies is encouraging railroad organizations, government experts, and rolling stock producers to concentrate on modernizing passenger railcars. Besides, the rise in popularity of AC coaches have also supported the demand for electric traction systems, as power utilization of vehicles increase to help ACs.

Urgent Need for Quicker Transportation Service to Boost Global Demand

In addition, the demand for rail-based commute is increasing rapidly because of the rapid surge in the global population and the growing demand for quicker transportation services. This is driving huge change in railroad connectivity and other rail-based transportation systems, which is evaluated to grow further. Rural railroads, for example, trams, metros, and intercity high-speed networks are being planned in various big cities in a many developing economies, which is again anticipated to push the market for electric traction systems in the following couple of years. Besides, ceaseless demand in innovative work has affected the market for electric traction systems.

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This review of the global electric traction systems market is based on a recent market research report by “Electric Traction Systems Market (Type – Electric Traction Transformer, Electric Traction Motor, Electric Traction Generator, Electric Traction Inverter, and Electric Traction Converter; End-use Industry – Automotive, Oil & Gas, Power Engineering / Electrical Engineering, Mining, and Transportation) – Global Industry Analysis Size Share Growth Trends and Forecast 2017 – 2025.”

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Commercial Refrigerators Market Revenue To Witness Humongous Elevation By 2024

The presence of a large number of domestic and international manufacturers has rendered the landscape in the Asia Pacific commercial refrigerators market highly competitive. As per Transparency Market Research (TMR), Midea Group and Haier Electronics Group Co. Ltd. led the Asia Pacific commercial refrigerators market in 2015. These companies have been increasingly focusing on product innovation and improving customer experience in order to gain a competitive advantage in the market.

For instance, Liebherr entered into a partnership agreement with Redmond based Microsoft Corporation in April 2016 for the development of smart refrigerators based on the premise of the Internet of Things (IoT). More such developments are expected to be reported from the market.

A substantial number of enterprises in the market are looking to expand their product portfolio in order to achieve sustainable growth. Apart from investing in product innovations, the key players are also focusing on competitive pricing to keep pace with the prevailing competition. However, according to TMR, improvements in retail channels hold the key for long-term growth for players operating in the Asia Pacific commercial refrigerators market.

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Booming Food and Retail Industry in Asia Pacific Holds Promise for Commercial Refrigerators Sales

The booming food and retail industry in Asia Pacific is fuelling demand for refrigerators with innovative design. Unlike the refrigerators used in domestic applications, the ones used for commercial purposes have a high storage capacity and an expansive operating temperature suitable for a plethora of product types.

The growth witnessed in the Asia Pacific retail industry is also attributed to the increasing consumption of packaged food and beverages. “Due to the hectic lifestyle of consumers and their increasing willingness to pay for convenience food, the demand for packaged food and beverages is expected to surge exponentially in the near future,” said a TMR analyst. This is a primary factor driving the market for commercial refrigerators in Asia Pacific. “Furthermore, the increasing number of supermarkets, cafes, and restaurants will substantially bolster sales of commercial refrigerators in Asia Pacific,” he added.

Besides this, the importance of energy efficiency in commercial and consumer appliances has considerably increased in the last few years. The rising awareness about green appliances has paved the way for the advent of eco-friendly commercial refrigerators.

High Prices Discourage Deployment of Commercial Refrigerators across Small Retail Outlets

Contrary to this, the high cost procurement and maintenance costs of commercial refrigerators are hindering the growth of the market to an extent. Due to their high price, small retailers tend to look for more affordable alternatives. This limits the sales of commercial refrigerators to smaller establishments such as cafes and local retailers. In addition, the availability of alternate packaging solutions such as temperature-control packaging is hindering the sales of commercial refrigerators in Asia Pacific.

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Advent of Smart and Solar Commercial Refrigerators Presents a Fresh Opportunity

Dramatic changes have been witnessed in commercial appliances over the last few years. The high energy consumption of these appliances has led to the introduction of smart and solar powered commercial refrigerators. With leading name brands venturing into the development and manufacturing of solar-based commercial refrigerators, the market witnesses lucrative prospects to gain from in the near future.

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Commercial Satellite Imaging Market Development Trends, Demands, Industry Analysis & Forecast by 2027

Led by Galileo Group Inc., Planet Labs Inc., Blacksky Global, Telespazio, Exelis Inc., DigitalGlobe Inc., SkyLab Analytics, Trimble Navigation Ltd., and Spaceknow Inc., the global commercial satellite imaging market demonstrates a highly competitive business landscape, states Transparency Market Research (TMR) in a new research study. These players are likely to remain dominant in the global commercial satellite imaging market in the next few years. They are expected to focus on establishing strong distribution channels across various industries in the near future in order to strengthen their position in the global market, notes the research study.

According to the research report, the overall opportunity in the global commercial satellite imaging market stood at US$ 3.82 Bn in 2018. The global commercial satellite imaging market is anticipated to expand at a CAGR of 11.61% and reach US$10.23 bn by the end of the forecast period. Energy, geospatial technology, natural resources management, construction & development, disaster response management, defense and intelligence, conservation and research, and media and entertainment sectors have surfaced as the key application areas for commercial satellite imaging solutions across the world, states the research report.

North America to Continue to Dominate Global Commercial Satellite Imaging Market

Asia Pacific, North America, Middle East & Africa, Europe, and Latin America have emerged as the major regions of the global commercial satellite imaging market. North America leads the global commercial satellite imaging market. This trend is estimated to continue in the near future. The commercial satellite imaging market in Asia Pacific is also anticipated to expand at a steady pace in the next few years, states the research study.

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Technological Advancements to Boost Global Commercial Satellite Imaging Market

“Of late, the global commercial satellite imaging market has been observing tremendous growth,” says a TMR analyst. The emergence of a number of technologies and applications, such as Google Earth, is supporting the growth of the global commercial satellite imaging market. Constant advancements in technologies is also boosting the global commercial satellite imaging market.

On the flip side, the need for high capital investments in research activities for the advancement of commercial satellite imaging production techniques may act as a restrain to the growth of the global commercial satellite imaging market in the near future. Nonetheless, the presence of untapped opportunities in emerging economies is expected to normalize the impact of these deterrents over the next few years, states the research report.

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The review is based on a report by Transparency Market Research, titled “Commercial Satellite Imaging Market (End-user: Government, Commercial Enterprises, Civil Engineering Industry, Military, Forest, Agriculture, Energy Sectors, and Insurance; and Application: Energy, Geospatial Technology, Natural Resources Management, Construction and Development, Disaster Response Management, Defense and Intelligence, Conservation and Research, and Media and Entertainment) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019–2027.”

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