Air Barrier Market Scenario with New Product Developments by 2030

An air barrier serves to keep air fresh and free from impurities. These air barriers are constructed according to the size of impurities desired to be removed, from large dust particles to microorganisms. Polyethylene foam is a commonly used air barrier that can be installed simply but innovations in this field have led to the development of advanced air filters that can remove the smallest of undesired particles while keeping the other components of air intact.

Today's world has an increased demand for air barriers. Not only are they required to keep out ever increasing air pollution, but also to bridge over potential contaminants. The current COVID-19 pandemic has been testament to this fact. Enclosed spaces are kept free of this contagion by viral filtering systems. Demand in the air barrier market has thus seen astronomical growth since the start of this year. This trend should keep growth steady in the aftermath of this pandemic, and spanning the forecast period of 2020 to 2030, as per TMR.

Global Air Barrier Market: Competitive Landscape

A number of manufacturers have come up in the air barrier market to make profits from this current boost in demand. This makes the market scenario fragmented. A few of these players are:

• RPM International Inc.
• Carlisle Companies Incorporated
• SIKA AG
• Henry Company
• GCP Applied Technologies Inc.
• The 3M Company
• DuPont de Nemours, Inc.
• BASF SE
• Dow Inc.
• Polyguard Products Inc.
• Prosoco Inc.

These players are expected to increase market production by acquisition of smaller production facilities and increasing market outreach by advertisements and bringing verbal awareness among people. Industrial settings with indoor work arenas are expected to be their major targets.

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Global Air Barrier Market: Key Trends and Drivers

• Air pollution is one of the world’s leading risk factors for death, attributed to 5 million deaths each year. As global industries rise to cater to increasing demands for their products globally, the usage of synthetic chemicals and other unregulated manufacturing processes should increase this form of pollution to higher levels. Already, various industrial and urban areas around the world are reporting unbelievable levels of air pollution. The individual can do little but protect himself and his personal space from this onslaught, which is how demand for the air barrier market is expected to increase in the future.
• COVID-19 virus is a respiratory virus that is transmitted through air. Apart from keeping oneself safe by applying masks over the respiratory orifices, people wish to protect themselves in enclosed spaces where risk of infection from this virus is increased manifold. Air barriers play a vital role here in filtering out viral particles and reducing the need for personal protective equipment. Even as this virus settles down in the future, demand in the air barrier market is set to remain high.

Global Air Barrier Market: Regional Analysis

North America and Europe are projected to remain the largest and fastest-growing markets for air barriers in the future. USA and Canada have been growth engines of the North American market driven by an extremely cold climate, stringent regulations, rapid urbanization, and increased awareness towards energy-efficient and economical green buildings. A hindrance to this market could come in the form of reducing levels of regional pollution as industrial output is outsourced to other regions of the world.

The Asia Pacific region (APAC) is expected to register steady growth in this market in the coming years. This can be attributed to the presence of a robust industrial base that is making this region the workshop of the world. As regional pollution rises, air barriers will become indispensable in these areas. Awareness about personal care is increasing among people, and as COVID-19 has hit these areas quite badly these two factors shall combine together to boost growth for this market even in the future.

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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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Vertical Lift Module Market Scenario with New Product Developments by 2027

Transparency Market Research delivers key insights on the global vertical lift module market. In terms of value, the global vertical lift module market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global vertical lift module market report.

In the report, TMR predicts that the global vertical lift module market would be largely driven by increasing installation of automated storage & retrieval systems, evolution in e-Commerce & logistics industry, etc., which are expected to boost the market during the forecast period.

According to the vertical lift module market report, the type segment has been divided into temperature controlled/refrigerated and non-refrigerated. In terms of configuration, the vertical lift module market has been divided into internal bay (single and dual) and external bay (single and dual).

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In terms of maximum load capacity, the vertical lift module market has been classified into below 20 ton, 20 ton to 40 ton, and above 40 ton. Based on end-use industry, the global vertical lift module market has been categorized into metals & machinery, automotive, food & beverages, electronics, logistics, healthcare, retail, and others. As per application, the global vertical lift module market has been segmented into wave picking, batch picking, consolidation, sorting, replenishment, and others.

The growth of healthcare, pharmaceuticals, and electrical/electronic industries is driving the demand for vertical lift modules. In recent years, rapid increase in the installation of vertical lift module systems in retail and food & beverages companies, and hospitals for picking and handling of products is projected to fuel the demand for vertical lift modules. The growing retail industry across the globe prompts an increase in installation of warehouses to better manage multiple locations and regions for efficient and optimized logistics.

Vertical Lift Module Market: Prominent Regions

Asia Pacific was the dominant and fastest growing market for vertical lift modules in the year 2019. China, India, Japan, and Korea are major markets for vertical lift modules in Asia Pacific and are responsible for the growth of the vertical lift module market in the region in recent years. The significant demand for warehouse management coupled with increasing number of WMS providers in the region is expected to drive the growth of the vertical lift module market.

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Industrial Fasteners Market New Developments with Emerging Opportunities

According to a new market report published by Transparency Market Research titled “Industrial Fasteners Market (Commodity – Bolts, Nuts, Screws, Washers, Rivets, Others; Application – Automotive OEM, Machinery OEM, Fabricated Metal Products, Construction, Others) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026,” the global industrial fasteners market is expected to reach a value of US$ 104.94 Bn by 2026. In terms of value, the market is estimated to expand at a CAGR of 2.2% during the forecast period from 2018 to 2026.

In terms of volume, the market stood at around 26.7 million metric ton in 2017. The Asia Pacific industrial fasteners market is projected to have the highest growth during the forecast period in terms of value (US$ Mn). The market witnessed considerable growth in this region due to increased growth in construction, automotive, and manufacturing industries, leading to positive growth in the industrial fasteners market.

The industrial fasteners market is influenced by market dynamics with the prime driving factor of increasing fasteners demand from the construction industry. In terms of commodity, the screws segment is anticipated to gain the largest share with total value of US$ 21.30 Bn by 2026 at a CAGR of 1.6% annually. In terms of application, the global figures for automotive OEM segment are anticipated to be valued at US$ 30.67 Bn by 2026 at a CAGR of 2.6%.

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However, fluctuating prices of raw materials such as steel, copper, and aluminum have impacted the margins of manufacturers and is one of the major challenges restraining the growth of the industrial fasteners market.

The bolt and nut segment is expected to expand at a CAGR of 2.6% and 2.9% respectively in terms of value over the forecast period due to their increasing applications in the automotive and construction industry. Furthermore, growing manufacturing of medium commercial vehicles, light commercial vehicles, heavy earth moving equipment, textile machinery, machine tools, aircrafts, and utility vehicles have led to the enhanced growth of the fasteners as their sub or main assembly part.

The market for industrial fasteners is fragmented in nature and is characterized by large competition with small and large players in the industry competing to maintain their respective positions. High tensile fasteners are majorly utilized in engineering applications which include industrial, automotive, and various other sectors.

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Top Insights on the Mobile Crushers and Screeners Market

A research study, recently published by Transparency Market Research (TMR), estimates the global mobile crushers and screeners market to expand at a moderate CAGR of 3.7% over the period from 2019 to 2027 and reach US$ 3.34 bn by the end of the forecast period. The research report, titled “Mobile Crushers and Screeners Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2019 - 2027,” states that the worldwide market for mobile crushers and screeners attained a value of US$ 2.41 bn 2018.

Major factors driving the mobile crusher and screeners market include growing urbanization, infrastructural developments, and the rise of the construction sector. Furthermore, low transportation cost of mobile crushers, is driving the end users to purchase this product. Moreover, manufacturers are working towards building electric mobile jaw crushers. These are designed to provide higher productivity at low transportation costs. This trend is expected to increase in the coming years.

Global mobile crushers and screeners market has been segmented on the basis of products and the regions. On the basis of regions, the global mobile crushers and screeners market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World.

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North America mobile crushers and screeners market is likely to witness steady growth. It has been estimated that Europe is projected to decline in the coming years, owing to the decreasing economy in this region.

It has been estimated that Asia Pacific accounted for the major market in global mobile crushers and screeners with a share of 43.8% in 2018. Increasing infrastructural growth in India and China has been driving the mobile crushers and screeners market in Asia Pacific over the last few years. The Rest of the World market has also witnessed significant growth in the recent past. In 2018, this region acquired the second position in the global market, owing to the increasing urbanization and the rise in the construction industry in Argentina, Brazil, and Nigeria.

In terms of products, the market has been categorized into mobile crushers and mobile screeners. Mobile crusher segment accounted for the highest market share. Furthermore, mobile scanner segment is expected to grow at a higher pace in coming years.

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Industrial Boiler Control Systems Market Outlook to 2027

 

• Industrial boiler control systems are frequently upgraded with new and advanced technologies and development of software in order to improve their functioning and productivity
• Incorporation of automation in industrial boiler plants helps in observing, maintaining, and controlling the functionality of the plant from a remote location
• Most boilers are not operated at their full capacity in a multi-boiler facility, due to various factors such as peak demand, load variations, and redundancies such as breakdowns
• The productivity of a boiler lowers when it functions at part load, owing to diminished combustion efficiency, radiation losses, and frequent burner trips resulting in boiler shutdowns
• Boilers consume a lot of energy. Thus, loss of efficiency of boilers can be unprofitable for a company. This factor has prompted companies to operate a base number of boilers at peak load in a multi-boiler facility.
• This can be accomplished by utilizing a sequence control system that would ensure boilers are fired in a controlled manner by averting regular over firing.

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Global Industrial Boiler Control Systems Market: Dynamics

• Rising demand for boiler sequence control systems acts as a driving factor for the global industrial boiler control systems market
• Moreover, increasing demand for online control of industrial boilers for energy management is expected to drive the global market in the next few years
• In addition, growing popularity of burner management systems (BMSs) has boosted the global industrial boiler control systems market
• However, rising demand for natural gas and renewable energy acts as a key factor restraining the global industrial boiler control systems market

Global Industrial Boiler Control Systems Market: Segmentation

• Based on type, the global industrial boiler control systems market can be divided into control elements and communication
• The control elements segment accounted for a leading share of the global industrial boiler control systems market in 2018. The segment is projected to continue its dominance throughout the forecast period.

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Asia Pacific to Lead Global Market for Industrial Boiler Control Systems

• In terms of region, the global industrial boiler control systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
• Asia Pacific is likely to dominate the global market for industrial boiler control systems from 2019 to 2027, followed by EMEA and North America
• Rapid growth of the industrial sector in developing economies of Asia Pacific, such as China and India, has boosted the market in the region.

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Comprehensive Analysis of Parking Management Solution Market Profitable Key Business Trends Growth Rate and Top Key Players

The key players in the global parking management solutions market include name such as Parkeson S.A.S., IPS Group Inc., Ventek International, J.J.Mackay Canada Limited, LocoMobi Inc., Cale Access AB, Parking BOXX, METRIC Group Ltd., Parking Inc., CivicSmart Inc., and POM Inc. The companies in the market are indulging into strategic business activities such as product development and product innovation to enhance their overall market presence.

Along with that, the companies are also striving to provide integrated solutions and applications for efficient management for parking requirements. Apart from this, development of parking management solutions that are more customer friendly, cost-effective with better reliability compared to the existing management solutions are also some of the other strategies adopted by the companies to stay ahead in the global competition.

The global market for parking management solutions is expected to reach an overall market valuation worth US$614.59 bn by the end of 2025. This growth of the global market is projected to be achieved with the help of an impressive CAGR of 9.3% over the course of the given forecast period of 2017 to 2025.

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In terms of geographical regions, the global market for parking management solutions has been dominated by North America in the recent years, with the U.S. being the base to a large group of players in the market. Use of advanced parking kiosks is one of the popular trends observed in the parking areas across Europe. These kiosks are projected to aid the private garage operators as well as municipalities to keep a track of every infringement in parking and offer a solid comparison against the actual issued citations.

The increasing demand for smooth movement of traffic to monitor the constant traffic congestions and other issues related to transportation is one of the chief driving factors for the growth of the global market for parking management solutions across urban cities. Ever increasing populations and the consequent rise in the number of vehicles are also important factor in spurring the development of the global market in the coming years of the forecast period.

The number of vehicles across the globe is on a constant rise and is subsequently leading to issues related to scarcity of parking areas. This has led to rise in demand for smart and efficient parking systems. Advanced parking management systems that are presently in use not only offer a high degree of convenience to drivers, but also helps in easing up the business functions and other operations at the parking areas.

The other advantages of the parking management solutions include cut down in the overall cost of hardware and connectivity and rise in the revenue profits of the owners of the parking sites.

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Cost Sensitivity Associated with Parking Operators to Pose Problems for Market Growth

However, there are some factors that might negatively impact the overall growth of the market and may stop it from it reaching its full potential. One of the key restraining factors for the growth of the global market is the cost sensitivity of the operators of parking spaces who administer these sites for their owners. Nonetheless, parking management solutions offer ample opportunities of growth for the companies operating in the regional economies as well as in the smart cities across the globe. In addition to this, increased concerns about pollution, security, and connectivity are also projected to drive the growth of the market.

This review is based on the research report by Transparency Market Research titled, “Parking Management Solution Market (Type - Parking Meters and Parking Kiosks; Installed Location - Street Parking and Parking Venues) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025”.

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New Strategic report on Connected Logistics Market Growth, analysis and Forecast to 2025

Growing at a stellar pace, Global Connected Logistics Market is set to increase the worth of the market, bringing it up to USD 55.17 billion by the end of the year 2025. This is a steep rise from 2016, when the market worth was USD 10.21 billion. This translates to an impressive 17.8% CAGR (Compound Annual Growth Rate) from 2017 to 2025.

One of the major reasons supporting the growth of global connected logistics market is the technological advancement marking the landscape in terms of both transportation, and packaging. Besides, development of better fuel and rising demand for shipped goods is also fueling the market growth by a substantial value. E-commerce is playing a significant role in this area, fueled by rising disposable incomes and massive globalization, driving forward cross-border trade, enabling access to new and more products at the convenience of a click.

Additionally, growing adoption and development of supporting technologies, like the Internet of Things (IoT) is also contributing significantly to the impressive CAGR that the global connected logistics market is set to chart over the forecast period.

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Sensitive Products to Drive Demand Up for Global Connected Logistics Market over the Forecast Period

It is also worth noting that certain goods such as pharmaceuticals, that are time sensitive at most times and also require proper tracking and storage. And, the reason behind this is that drugs and certain formulations are usually temperature sensitive. Any fluctuation that the batch experiences need to be intimated to the manufacturer. A lot of this information is needed to be provided real time.

Competitive Landscape of the Global Connected Logistics Market to be Fragmented, and Competitive

The global connected logistics market is a fragmented vendor landscape owing to the market studded with numerous players – both small and large. Some of the important players flanking the market landscape include Microsoft Corporation, International Business Machines Corporation, Google Inc., Oracle Corporation, NETSUITE Inc., Amazon Web Services Inc., Infosys Limited, and Dynatrace LLC. One of the major strategies that has players hooked is the development of appropriate technology, advanced and accessible.

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