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Countertop MarketAnalysis By Type, Product and Application with Forecast to 2026

The rising technological advancements in the construction industry is driving the global countertop market, says Fortune Business insights in a report, titled “Countertop Market Size, Share and Industry Analysis, By Material Type (Natural Stone, Engineered Stone, Concrete, Solid Surfaces, Plastic Laminate, Ceramic, Wood), By End-User (Residential, Commercial) and Regional Forecast, 2019-2026.”

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As per the report, the material type segment is expected to account for maximum percentage of the global countertop market share. Furthermore, the material type segment is segmented into natural stone, engineered stone, concrete, solid surfaces, plastic laminate, ceramic, wood. Engineered stone is likely to witness high demand cutting-edge finish and beautiful aesthetics.

The global countertop market was valued at USD 86.50 Billion in 2018 is expected to reach USD 110.87 Billion by 2026, exhibiting a CAGR of 3.2% during the forecast period

The report studies in detail technological developments in the countertop industry. Containing Profound data and offering superior insights into the global countertop market. Inculcating the facts and figures, the report gives a grander view of the industry and offers companies the chance to escalate their trade and business.

Increasing Procurement of Quarts Countertop Material Will Propel Growth

The rising demand for quartz countertop material owing to its strong, non-porous and durable quality will enable the growth of the global countertop market during the forecast period. According to the International Interior Design Association, quartz is stated as the most reliable and relevant countertop construction material, therefore used for major interior designing work. Furthermore, the increasing need for quartz countertop for commercial as well as residential sector will further boost the global countertop market revenue. For instance, according to a source the revenue of the global kitchen cabinetry industry was estimated at USD 12 billion with 5% of growth rate.

Some of the leading companies operating in the global countertop market are:

  • Vicostone
  • Aro Granite Industries Ltd.
  • POKARNA LIMITED
  • DuPont de Nemours, Inc.
  • Masco Corporation
  • STRASSER Steine GmbH
  • Wilsonart LLC.
  • ARISTECH SURFACES LLC
  • Cambria

Market Segmentation –

1. By Material Type

  • Natural Stone
  • Engineered Stone
  • Concrete
  • Solid Surfaces
  • Plastic Laminate
  • Ceramic
  • Wood

2. By End-User

  • Residential
  • Commercial
    • Research Laboratories
    • Retails
    • Hotels/Restaurants
    • Others

3. By Geography

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, and Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)

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Increasing Demand for Modern Countertop Will Enable Growth

The increasing demand for modern countertop in the residential, commercial and industrial sector will boost the global countertop market growth. For instance, The National Kitchen and Bath Association has invested USD 147 billion for the premier kitchen and bath aesthetic countertops and other interiors. Furthermore, the rising trend attributed to cabinetry construction materials such as rust-free concrete, tactile and leather surfaces, reclaimed wood, eco-friendly composite stone and non-porous laminates. In addition, the launch of Concrete 4044 and Cloudburst Concrete 4011 will aid the growth of the global countertop market. For instance, Caesarstone, introduced a new type of concrete material in its Metropolitan Countertop Collection such as Airy Concrete 4044 and Cloudburst Concrete 4011, that has airy visual textures with softened edges, best suitable for kitchen, bathroom and workroom countertops.

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Major Table of Contents – 

5.Global Countertop Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Sizing Estimations and Forecasts – By Material Type (US$ Mn and Million Units)
5.2.1.Natural Stone (Granite & Marble)
5.2.2.Engineered Stone (Glass & Quartz)
5.2.3.Concrete
5.2.4.Solid Surfaces (Acrylic & Polyester)
5.2.5.Plastic Laminate
5.2.6.Ceramic
5.2.7.Wood
5.3.Market Sizing Estimations and Forecasts – By End-User (US$ Mn)
5.3.1.Residential
5.3.2.Commercial
5.3.2.1.Research Laboratories
5.3.2.2.Retails
5.3.2.3.Hotels/ Restaurants
5.3.2.4.Others
5.4.Market Analysis, Insights and Forecast – By Geography (US$ Mn)
5.4.1.North America
5.4.2.Europe
5.4.3.Asia Pacific
5.4.4.Middle East and Africa
5.4.5.Latin America
6.North America Countertop Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Sizing Estimations and Forecasts – By Material Type (US$ Mn and Million Units)
6.2.1.Natural Stone (Granite & Marble)
6.2.2.Engineered Stone (Glass & Quartz)
6.2.3.Concrete
6.2.4.Solid Surfaces (Acrylic & Polyester)
6.2.5.Plastic Laminate
6.2.6.Ceramic
6.2.7.Wood
6.3.Market Sizing Estimations and Forecasts – By End-User (US$ Mn)
6.3.1.Residential
6.3.2.Commercial
6.3.2.1.Research Laboratories
6.3.2.2.Retails
6.3.2.3.Hotels/ Restaurants
6.3.2.4.Others
6.4.Market Analysis, Insights and Forecast – By Country (US$ Mn)
6.4.1.United States
6.4.2.Canada
7.Europe Countertop Market Analysis, Insights and Forecast, 2015-2026
7.1.Key Findings / Summary
7.2.Market Sizing Estimations and Forecasts – By Material Type (US$ Mn and Million Units)
7.2.1.Natural Stone (Granite & Marble)
7.2.2.Engineered Stone (Glass & Quartz)
7.2.3.Concrete
7.2.4.Solid Surfaces (Acrylic & Polyester)
7.2.5.Plastic Laminate
7.2.6.Ceramic
7.2.7.Wood
7.3.Market Sizing Estimations and Forecasts – By End-User (US$ Mn)
7.3.1.Residential
7.3.2.Commercial
7.3.2.1.Research Laboratories
7.3.2.2.Retails
7.3.2.3.Hotels/ Restaurants
7.3.2.4.Others
7.4.Market Analysis, Insights and Forecast – By Country (US$ Mn)
7.4.1.UK
7.4.2.Germany
7.4.3.France
7.4.4.Italy
7.4.5.Spain
7.4.6.Rest of Europe
8.Asia Pacific Countertop Market Analysis, Insights and Forecast, 2015-2026
8.1.Key Findings / Summary
8.2.Market Sizing Estimations and Forecasts – By Material Type (US$ Mn and Million Units)
8.2.1.Natural Stone (Granite & Marble)
8.2.2.Engineered Stone (Glass & Quartz)
8.2.3.Concrete
8.2.4.Solid Surfaces (Acrylic & Polyester)
8.2.5.Plastic Laminate
8.2.6.Ceramic
8.2.7.Wood
8.3.Market Sizing Estimations and Forecasts – By End-User (US$ Mn)
8.3.1.Residential
8.3.2.Commercial
8.3.2.1.Research Laboratories
8.3.2.2.Retails
8.3.2.3.Hotels/ Restaurants
8.3.2.4.Others
8.4.Market Analysis, Insights and Forecast – By Country (US$ Mn)
8.4.1.China
8.4.2.Japan
8.4.3.India
8.4.4.Korea
8.4.5.Southeast Asia
8.4.6.Rest of Asia Pacific
9.Middle East and Africa Countertop Market Analysis, Insights and Forecast, 2015-2026
9.1.Key Findings / Summary
9.2.Market Sizing Estimations and Forecasts – By Material Type (US$ Mn and Million Units)
9.2.1.Natural Stone (Granite & Marble)
9.2.2.Engineered Stone (Glass & Quartz)
9.2.3.Concrete
9.2.4.Solid Surfaces (Acrylic & Polyester)
9.2.5.Plastic Laminate
9.2.6.Ceramic
9.2.7.Wood
9.3.Market Sizing Estimations and Forecasts – By End-User (US$ Mn)
9.3.1.Residential
9.3.2.Commercial
9.3.2.1.Research Laboratories
9.3.2.2.Retails
9.3.2.3.Hotels/ Restaurants
9.3.2.4.Others
9.4.Market Analysis, Insights and Forecast – By Country (US$ Mn)
9.4.1.South Africa
9.4.2.GCC
9.4.3.Rest of Middle East & Africa

TOC Continued…!

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data

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Chillers Market Professional Survey by Manufacturers, Regions, Countries, Types and Applications, Forecast to 2026

The Global Chillers Market will grow considerably driven by recent product advancements and wider application scope. According to a report published by Fortune Business Insights, titled “Chillers Market Size, Share and Industry Analysis, By Type (Screw Chillers, Scroll Chillers, Centrifugal Chillers, and Others), By Application (Chemicals and Petrochemicals, Food and Beverages, Plastics, Rubber, Medical, and Others), and Regional Forecast, 2019-2026,”

The market was valued at USD 9.65 billion in 2018 and is projected to reach USD 13.25 billion by 2026, exhibiting a CAGR of 4.1% during the forecast period (2019 2026).

Chillers are used in large commercial and industrial spaces, where a huge amount of heat is generated. The mechanism of a chiller is to generate cold water and circulate it through tubes, subsequently dehumidifying the vapor. This helps regulate the temperature inside the space. In larger spaces, air conditioners tend to have a lesser impact. Since chillers can be used as an excellent alternative to air conditioners, they will witness huge demand in the coming years. The growing demand in several industrial sectors will have a direct impact on the growth of the global market in the forthcoming years.

For more information in the analysis of this report, visit :

https://www.fortunebusinessinsights.com/industry-reports/chillers-market-101588

The report provides a detailed analysis of the market and focuses on key aspects such as leading companies, major product types, and leading applications of the product. Besides, the report offers insights into the ongoing chillers market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the growth of the market in recent years. Based on extensive research methods, forecast values have been drawn for the period of 2019-2026.

The Asia Pacific to Emerge as a Dominant Market

The report classifies the market based on regional demographics into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Among these regions, Asia Pacific will witness the highest product demand due to the rapidly rising industrialization. Improving industrial facilities and high investment in the betterment of existing industrial infrastructures will aid the growth of the market in this region. The exceptional demand for chillers in densely populated countries such as China and India will create several growth opportunities for the companies operating in this region. As of 2018, the market in the Asia Pacific was valued at USD 4.84 Bn.

Some of the leading companies that are operating in the global market are:

  • Daikin
  • Johnson Controls
  • Johnson Controls-Hitachi Air Conditioning
  • Mitsubishi Heavy Industries, Ltd.
  • Polaris Industries Australasia
  • LG Electronics
  • Midea
  • Dunham-Bush Americas
  • Chongqing General Industry Co., Ltd.
  • Carrier Corporation
  • The Danfoss Group

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Market Segmentation Of Global Chillers Market –

1. By Type

  • Screw Chillers
  • Scroll Chillers
  • Centrifugal Chillers
  • Others

2. By Application

  • Chemicals and Petrochemicals
  • Food and Beverages
  • Plastics
  • Rubber
  • Medical and Others

3. By Geography

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)
  • Middle East and Africa (South Africa, GCC and Rest of the Middle East and Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)

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Table of Contents – 

1.Introduction
1.1.Definition, By Segment
1.2.Research Approach
1.3.Sources
2.Executive Summary
3.Market Dynamics
3.1.Drivers, Restraints and Opportunities
3.2.Emerging Trends
4.Key Insights
4.1.Macro and Micro Economic Indicators
4.2.Key Technological Developments
4.3.Consolidated SWOT Analysis of Key Players
5.Global Chillers Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Sizing Estimations and Forecasts – By Type (Value)
5.2.1.Screw Chillers
5.2.2.Scroll Chillers
5.2.3.Centrifugal Chillers
5.2.4.Others
5.3.Market Sizing Estimations and Forecasts – By Application (Value)
5.3.1.Chemicals & Petrochemicals
5.3.2.Food & Beverages
5.3.3.Plastics
5.3.4.Rubber
5.3.5.Medical and Others
5.4.Market Analysis, Insights and Forecast – By Geography (Value)
5.4.1.North America
5.4.2.Europe
5.4.3.Asia Pacific
5.4.4.Middle East & Africa
5.4.5.Latin America
6.North America Chillers Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Sizing Estimations and Forecasts – By Type (Value)
6.2.1.Screw Chillers
6.2.2.Scroll Chillers
6.2.3.Centrifugal Chillers
6.2.4.Others
6.3.Market Sizing Estimations and Forecasts – By Application (Value)
6.3.1.Chemicals & Petrochemicals
6.3.2.Food & Beverages
6.3.3.Plastics
6.3.4.Rubber
6.3.5.Medical and Others
6.4.Market Analysis, Insights and Forecast – By Country (Value)
6.4.1.United States
6.4.2.Canada
7.Europe Chillers Market Analysis, Insights and Forecast, 2015-2026
7.1.Key Findings / Summary
7.2.Market Sizing Estimations and Forecasts – By Type (Value)
7.2.1.Screw Chillers
7.2.2.Scroll Chillers
7.2.3.Centrifugal Chillers
7.2.4.Others
7.3.Market Sizing Estimations and Forecasts – By Application (Value)
7.3.1.Chemicals & Petrochemicals
7.3.2.Food & Beverages
7.3.3.Plastics
7.3.4.Rubber
7.3.5.Medical and Others
7.4.Market Analysis, Insights and Forecast – By Country (Value)
7.4.1.UK
7.4.2.Germany
7.4.3.France
7.4.4.Italy
7.4.5.Rest of Europe
8.Asia Pacific Chillers Market Analysis, Insights and Forecast, 2015-2026
8.1.Key Findings / Summary
8.2.Market Sizing Estimations and Forecasts – By Type (Value)
8.2.1.Screw Chillers
8.2.2.Scroll Chillers
8.2.3.Centrifugal Chillers
8.2.4.Others
8.3.Market Sizing Estimations and Forecasts – By Application (Value)
8.3.1.Chemicals & Petrochemicals
8.3.2.Food & Beverages
8.3.3.Plastics
8.3.4.Rubber
8.3.5.Medical and Others
8.4.Market Analysis, Insights and Forecast – By Country (Value)
8.4.1.China
8.4.2.Japan
8.4.3.India
8.4.4.Southeast Asia
8.4.5.Rest of Asia Pacific

Continued…!!!

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Floating Production System Market: Competitive Dynamics & Global Outlook 2026

The global floating production system market will derive growth from recent product advancements. According to a report by Fortune Business Insights, titled “Floating Production System Market Size, Share & Industry Analysis, By Type (Floating Production, Storage, and Offloading (FPSO),Tension Leg Platforms (TLP), Spar Platform, Semisubmersible Floating Production System, Others), By Water Depth (Shallow Water, Deepwater, Ultra-Deepwater), By Build (New Build, Conversion) and Regional Forecast, 2019-2026,” the market will benefit from the increasing number of oil and gas exploration activities across the world.

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Floating production system is an essential part of processing and transportation of petrol products. Recent advancements in hydrocarbon exploration activities have led to a wider product adoption across the world. The growing demand for oil and gas energy will contribute to the growing demand for floating production system (FPS). These products are used to simplify the process of turning crude petroleum into usable oil and gas products. They can be used to produce, store, and offload the oil and gas product that are derived from oil wells. The advances in offshore exploration have created several growth opportunities for the companies operating in this market. The increasing demand for offshore activities and oil and gas exploration will have a direct impact on the growth of the market in the coming years.

Top Players Mentioned:

  • Bumi Armada
  • BW Offshore
  • MODEC, Inc.
  • Petrobras
  • SBM Offshore
  • Keppel Offshore & Marine
  • DSME Co.Ltd.
  • TechnipFMC
  • Worley
  • Aker Solutions
  • Samsung Heavy Industries Co. Ltd.
  • InterMoor
  • McDermott International Inc.
  • National Oilwell Varco
  • Bluewater Energy Services

Increasing Number of Company Mergers Will Aid Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the market derives significant growth from the increasing number of company mergers and collaborations in recent years. In February 2019, McDermott International and Woodside Energy Ltd. signed an agreement for the development of field gas in Western Australia. The companies will engage in engineering and design activities for a floating production unit (FPU) for the Scarborough field gas development. The report highlights a few of the major company mergers of recent times and gauges their impact on the global market.

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Key Industry Developments:

May 2019: Australian company ConocoPhillips has awarded an EPC contract for its Barossa offshore project to Technip Oceania Pty Ltd. The company will supply subsea production system (SPS) and associated SPS installation support.

May 2019: InterMoor has secured a contract from COOEC, a subsidiary of China National Offshore Oil Corporation to install deepwater mooring system for the Liuhua 16-2 and Lingshui 17-2 floating production facilities in the South China Sea.

North America to Witness Considerable Growth; Increased Demand for Oil and Gas to Aid Growth

The market is segmented on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among these regions, North America will witness considerable growth in the coming years, owing to the increasing demand for oil and gas and subsequent rise in the adoption of oil and gas exploration activities. Besides this, the market in the Middle East and Africa will witness considerable growth in the coming years, owing to the increasing number of oil and gas exploration activities.

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Market Segmentation:

  • By Type
  • By Water Depth
  • By Build
  • By Geography

Regional Analysis:

  • North America (The USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Content for Floating Production System Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Floating Production System Market, Insights and Forecast, 2026
  6. North America Market, Insights and Forecast, 2026
  7. Europe Market, Insights and Forecast, 2026
  8. Asia Pacific Market, Insights and Forecast, 2026
  9. Middle East and Africa Market, Insights and Forecast, 2026
  10. Latin America Market, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd. 
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: [email protected]

Website: Fortune Business Insights™

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Conveyor Monitoring Market Size Worldwide Industry Report | Forecast To 2026 | Fortune Business Insights

Increasing awareness about predictive maintenance techniques and tools is fostering the growth of the global conveyor monitoring market says Fortune Business Insights in a report titled, “Conveyor Monitoring Market Size, Share and Global Trend by End-use Industry (Food & Beverage, Automotive, Mining, Construction, Others), And Geography Forecast Till 2026.”The increasing requirement of mitigating damages during industrial processes is further spurring the growth of the global conveyor monitoring market.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/conveyor-monitoring-market-100612

Key Market Driver

  • Introduction of new coalfields and mining sites.
  • Incorporation of small-medium enterprises and various end use industries.

Key Market Restraint

  • Lack of availability of technical skilled person at the time of machine break down.

Launch of Aura IQ Conveyor Monitoring System Will Favor Market Growth

Mining and Ava Group, a fiber optic sensing technologies company based in Melbourne announced the development of a predictive asset monitoring solution for conveyors. For the innovation of Aura IQ, Ava’s Future Fibre Technologies (FFT) and advanced fiber-optic sensing platform were combined with Mining’s signal processing algorithms. The demand for a new conveyor monitoring system is likely to increase among mining industries, owing to the advanced solution in wear detection of conveyor rollers along with the ability to pre-empt failure it provides.

The innovation of Aura IQ will further boost revenue generated in the conveyor monitoring system market due to cost and time savings the system offers. In addition, collaborations between key players to provide monitoring solutions will further drive the conveyor monitoring system market. for instance, Semtech Corp and Transco Industries partnered up to provide a remote monitoring solution for conveyor belts.

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Shifting Preference Towards Advanced Conveyor Monitoring System Will Promote Growth

The conventional methods of conveyor monitoring involve drawbacks such as unreliability, inconsistency, labor-intensive and time-consuming. These aspects have impelled companies to shift their preference towards advanced conveyor monitoring system which, in, the turn is aiding the surge of the conveyor monitoring system shares. The demand for conveyor monitoring is fueling due to its ability to identify potential failure thus reducing the overall conveyor’s downtime. Conveyor monitoring process involves identifying the status and the condition of the conveyor belt and conveyor motor during the operation.

The growing requirement of mitigating damages occurred due to human error during the industrial processes is further contributing to the global conveyor monitoring system revenue. In addition, the rising awareness for eliminating wastages along with predictive maintenance tools and techniques are promoting the use of conveyor sensors. Likewise, stringent regulations by the government and safety compliances are further boosting the global conveyor monitoring revenue.

Segmentation

1. By End-use Industry

  • Food & Beverage
  • Automotive
  • Mining
  • Construction
  • Others

2. By Geography

  • North America (the USA and Canada and Rest of North America)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Acceptance Of Automated Technologies Will Drive The Asia Pacific Market

Geographically, the global conveyor monitoring market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific market is predicted to grow significantly during the forecast period owing to the adoption of automated technologies in various industries such as power generation and mining. Furthermore, favorable government policies and the presence of leading oil and mining companies in Australia along with robust foreign direct investments are supporting the growth of the conveyor monitoring market in the region.

In addition, the rising adoption of real-time conveyor monitoring systems for operational efficiency and production combined with the presence of top mining countries in china are fostering the growth of the global conveyor monitoring market. North America is predicted to dominate the global conveyor monitoring market during the forecast period owing to the increasing demand for innovative products in the industries along with rising employment rate. These factors are promoting growth in the region.

Key Industry Developments

  • February 2019: – Mining3 and Ava Group revealed to launch an innovative predictive asset monitoring solution for conveyors equipped with advanced fibre optic sensing technology.
  • February 2019: – Semtech Corp and Transco Industries partnered up to provide a remote monitoring solution for conveyor belts.

Top Players Overview:

  • PHOENIX CBS GmbH
  • ContiTech AG
  • Beltscan Systems Pty Ltd
  • Fenner Dunlop
  • Cablevey Conveyors
  • Emerson Electric Co.
  • Cassel Messtechnik GmbH
  • Sesotec GmbH
  • 4B Braime

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/conveyor-monitoring-market-100612

 Major Table of Content For Conveyor Monitoring Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Conveyor Monitoring Market Analysis, Insights and Forecast, 2026
  6. North America Conveyor Monitoring Market Analysis, Insights and Forecast, 2026
  7. Europe Conveyor Monitoring Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Conveyor Monitoring Market Analysis, Insights and Forecast, 2026
  9. Middle East and Africa Conveyor Monitoring Market Analysis, Insights and Forecast, 2026
  10. Latin America Conveyor Monitoring Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Press Release

Automotive Finance Market Development, Key Opportunity, Application and Forecast to 2026 | Fortune Business Insights

The Global Automotive Finance Market is likely to grow in the coming years with impetus from strategic collaborations among companies from across the world. According to a report published by Fortune Business Insights, titled “Automotive Finance Market Size, Share and Global Trend by Loan Provider (OEMs, Banks, Financing institutions), Service Type (New vehicles, Used vehicles), Industry Verticals (Residential Use, Commercial Use, Government Use), and Geography Forecast till 2025,” the market is likely to expand in the coming years, driven by increasing demand for electric cars and adoption of e-commerce business platforms.

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/automotive-finance-market-100122

Nissan Automotive’s Partnership with Auto Gravity to Favor Growth

In 2018, Nissan Motors announced that it has partnered with Auto Gravity, a financing company. The company announced that it aims at simplifying financial solutions to people in need of loans. With the help of Auto Gravity’s financial solutions, end users will be able to avail loans from their smart phones. Auto Gravity makes use of its proprietary technology to lend finances and connect with their customers through means of modern digital modes.

Auto gravity has financially partnered with leading banks from around the world and this acquisition will boast the sales and production value of Nissan Motors. The partnership will favour the high demand for electronic vehicles and encourage people to avail financial services due to the ease of operations. This partnership will have a direct impact on the global automotive finance market and will enable growth of the market in the coming years.

Top Players List:

  • Bank of America
  • Ford Credit
  • HSBC
  • Wells Fargo
  • M&T Bank
  • Toyota Financial Services (UK) PLC
  • Volkswagen Financial Services
  • HDFC Bank
  • Hudson City Savings Bank
  • Mercedes-Benz Financial Services USA LLC
  • Hitachi Capital Asia Pacific

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Increased demand for electric and smart vehicles is a major factor anticipated to fuel the demand in the market during the forecast period 2018-2025. Additionally, rising adoption of e-financial services is expected to boost the global market.

Key Industry Developments

  • Jan, 2019 – Volkswagen AG and Ford Motor Co announced their partnership that combines forces of the auto finance market and is likely to invest and expand into joint development of electric and self-driving technology.
  • Oct, 2018 – Tesla introduced Software Version 9.0, enabled with AI technology to offer M2M connectivity, advanced radar, and GPS sensors allowing the drivers to navigate on autopilot.
  • May 2018- Volkswagen Financial Services Fleet launched an online WLTP (Worldwide Harmonised Light Vehicle Test Procedure) calculator enabled with Blockchain technology that will help to calculate a before and after cost comparison for vehicles and eliminate intermediate dealers.

M&T Bank Acquires Hudson City Bank, Rapid Growth seen in Domestic Market

In 2015, M&T completed the acquisition of Hudson City Bancorp Inc., with an aim of expanding its business and enable a wider end user coverage. With this acquisition, A&T can add around 135 branches across the US. M&T is said to have added around US$ 275 Mn in profits alone, in the first quarter of 2018 and the acquisition of Hudson City has a major say in such impressive growth numbers. Companies such as M&T have benefited the automotive finance market in North America. The impressive financial figures of A&T have revoked its domestic competitors and several US based companies are likely to invest establish a stronghold.

The automotive finance in North America is likely to grow in the coming years, accounting to the exceptional strategies adopted by US based automotive finance companies. Fortune Business Insights states that an estimated US$ 1.2 Tn has been invested in the automotive finance market in North America. High investments in development of automotive finance companies, coupled with the impressive business strategies adopted by these companies will have a positive impact on the global automotive finance market and is likely to favor growth of the market in the coming years.

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Key Market Driver – Adoption of technology such as Blockchain technology, AI (Artificial intelligence), advanced radar, and GPS navigation in automobiles

Key Market Restraint – The rise in cab facilities and rising environmental concerns

Major Segments Mentioned:

1. By Loan Provider

  • OEMs
  • Banks
  • Financing institutions
  • Others

2. By Service Type

  • New vehicles
  • Used vehicles

3. By Industry Verticals

  • Residential Use
  • Commercial Use
  • Government Use
  • Others

4. By Geography

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

On the contrary, high cost associated with upgraded technology is a factor that may restrain the global Automotive Finance market.

As stated in the report, North America held a significant share in the market in 2017. The region is expected to witness impressive growth during the forecast period. Owing to intense research and development taking place in the region for IoT integration in the system is likely to enable the growth in the region. Besides this, Asia Pacific is expected to witness promising growth owing to rising adoption of sedentary lifestyle in nations such as India and China.

The report also offers insights on the key players operating in the global Automotive Finance market. Some of the organizations operating in the market are Automotive Finance.

Have any Query? Speak to Analyst at: https://www.fortunebusinessinsights.com/industry-reports/automotive-finance-market-100122

Major Table of Content for Automotive Finance Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Automotive Finance Market Analysis, Insights and Forecast, 2026
  6. North America Automotive Finance Market Analysis, Insights and Forecast, 2026
  7. Europe Automotive Finance Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Automotive Finance Market Analysis, Insights and Forecast, 2026
  9. Middle East and Africa Automotive Finance Market Analysis, Insights and Forecast, 2026
  10. Latin America Automotive Finance Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
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UK : +44 2071 939123
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Press Release

Vaccum Interruptor Market Size, Share, Global Trends, Major Key Players and Geographical Forecast Till 2026

The global vacuum interrupter market is likely to derive growth from the recent technological advancements that have been backed by the increasing investment in the development of the product. According to a report by Fortune Business Insights, titled “Vacuum Interrupter Market Size, Share and Global Trend By Application (Circuit Breakers, Reclosers, Contactor, Tap Changer, Others), By End User (Electric Utility, Railways, Oil and Gas, Mining, Transportation, Others) and Geography Forecast till 2026,” the market will exhibit a high CAGR driven by the high demand and adoption of the product across diverse industries.

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/vacuum-interrupter-market-100937

Top Players Overview:

  • ABB
  • Siemens AG
  • Eaton
  • Mitsubishi Electric Corporation
  • General Electric
  • Meidensha Corporation
  • Toshiba Infrastructure Systems & Solutions Corporation
  • LSIS Co. Ltd.
  • Kirloskar Electric Company
  • Shaanxi Baoguang Vaccum Electric Device Co. Ltd.

The electricity passing through a circuit is interrupted in a vacuum chamber with the help of a vacuum interrupter. Vacuum interrupters are a key component of medium voltage switchgear. Besides this, vacuum interrupters are also used in transformers and circuit breakers. Vacuum interrupter is a device that conducts arc quenching to stop electricity flow. The growing applications of vacuum interrupters have led to widespread adoption across diverse industries. Due to the high demand and increasing uses, there has been an increase in the total investment in the research and development of vacuum interrupters.

Key Market Driver – Massive transmission and distribution of electricity along with rapid industrial growth

Key Market Restraint – Requirement of advanced technology

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The report on the global vacuum interrupter market provides a comprehensive overview of the market based on extensive research analysis methods. Through a combination of primary and secondary research methods, forecast values of the market are calculated for the period of 2019-2026. The report encompasses several factors that have contributed to the growth of the global vacuum interrupter market. Additionally, the report also focuses on major market companies and highlights a few of the leading strategies adopted by these companies.

Mitsubishi’s Latest Vacuum Interrupter Production Unit is a Major Highlight; Market Growth to Gather Pace

The increasing demand for switchgear and interrupters will aid the growth of the global vacuum interrupter market in the coming years. The uses of vacuum interrupter in several devices, circuits, and other equipment across the electronics and electrical industry will contribute to the growing demand. In 2018, Mitsubishi, one of the leading companies in the world, announced the launch of a new production unit for circuit breakers and vacuum interrupters. The company announced the completion of an integration construction factory, aimed at the production of vacuum interrupters. Fortune Business Insights has predicted that Mitsubishi’s latest activity will have a direct impact on the global market, attributable to its worldwide customer reach. The report includes new product launches and setups, similar to Mitsubishi’s latest production unit and gauges the impact of these products on the growth of the global vacuum interrupter market.

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North America to Hold a Dominating Market Share

The report classifies the global vacuum interrupters market based on application, end users, and regional demographics. Among all regions, Fortune Business Insights has predicted that the vacuum interrupters market in North America will account for a dominating share. The increasing energy consumption has opened up a huge potential for market growth. Additionally, the increasing number of smart grid infrastructures will provide impetus for market growth. The efforts put in by government’s as well public organizations to improve energy usage and promote sustainable ways of energy harnessing will fuel the demand for vacuum interrupters across the region.

Segmentation

1. By Application

  • Circuit Breakers
  • Reclosers
  • Contactor
  • Tap Changer
  • Others

3. By End User

  • Electric Utility
  • Railways
  • Oil and Gas
  • Mining
  • Transportation
  • Others

3. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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Major Table of Content For Vacuum Interrupter Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Vacuum Interrupter Market Analysis, Insights and Forecast, 2026
  6. North America Vacuum Interrupter Market Analysis, Insights and Forecast, 2026
  7. Europe Vacuum Interrupter Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Vacuum Interrupter Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Vacuum Interrupter Market Analysis, Insights and Forecast, 2026
  10. Latin America Vacuum Interrupter Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
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UK : +44 2071 939123
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Press Release

Utility Pump Market Research By Major Industry Firms And Top Key Player Forecast Till 2026 | Fortune Business Insights

Rising deployment of utility pumps for supplying water to agricultural fields will be the key factor driving the global utility pump market growth during the forecast period. Growing crops in fields require huge quantities of water that needs to be pumped regularly. With a large number of people being dependent on agriculture for survival, agricultural activities and production have increased exponentially in the last few decades and the trend is expected to continue in the next few decades. According to the World Bank (WB), by 2050, agriculture will feed approximately 9.7 billion people. In 2016, close to 65% of the world’s poor working adults made their livelihood through agriculture, as per WB’s estimates. Efficient utility pumps can contribute significantly to higher agricultural productivity, thereby pushing up their demand and positively impacting the global utility pump market till 2026.

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/utility-pump-market-100936

Fortune Business Insights identifies some of the key players in this market:

  • Neptune Systems
  • Wayne
  • Countyline
  • Eco-Flo Products
  • Pondmaster
  • Johnson Pump
  • Tsurumi Pump
  • Scepter Consumer
  • Aquapro
  • Everbilt
  • The Basement Watchdog
  • Zoeller

Key Market Driver – Rise in the agricultural and construction activities

Key Market Restraint – Maintenance cost of the utility pumps

Fortune Business Insights, in its report, titled “Utility Pump Market Size, Share and Global Trend By Product Type (Gasoline Powered Pumps, Transfer Pumps, Submersible Pumps Others), By Application (Removing Water, Removing Condensation, Boosting Water Pressure, Moving Large Amount of Water, Others) and Geography Forecast till 2026”, has come out with a detailed analysis of the factors that will influence the market in the forecast period. The report also incorporates an in-depth assessment of the dynamics and aspects that will shape the development of the market.

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Multiple Advantages of Submersible Pumps to Boost the Market

Utility pumps are instruments that facilitate pumping liquids, such as water, acids, and sewage, in large quantities. They are generally made from stainless steel, plastic, or thermoplastic. One of the most popular types of pumps are submersible pumps and their high demand is expected to fuel the global utility pump market revenue during the forecast period. Their high demand is attributable to the variety of advantages they offer. For example, submersible pumps do not need to be prepared or warmed up before the job as they are submerged in the fluid already. They are energy-efficient since water is pushed into the pump by the water pressure owing to which the pump does not to expend extra energy to suck the water in. Submersible pumps are also quiet as they work underwater. This makes them an economically feasible option in agriculture and in providing water to water-starved urban and rural areas.

Key Segmental Overview:

1. By Product Type

  • Gasoline Powered Pumps
  • Transfer Pumps
  • Submersible Pumps
  • Others

2. By Application

  • Removing Water
  • Removing Condensation
  • Boosting Water Pressure
  • Moving Large Amount of Water
  • Others

3. By Geography

  • North America (The USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

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North America to Occupy a Commanding Position; Asia-Pacific to Grow Healthily

North America is projected to dominate the global utility pump market share on account of increasing mining and shale oil exploration activities in Canada and the US. Escalating rate of urbanization and industrialization in China, South Korea, and India will propel the market for utility pumps in Asia-Pacific in the coming decade. In Europe, utility pumps will see soaring demand owing to the expanding food processing industry, especially in southern Europe. Advancing agricultural technologies will also push the demand for utility pumps in the continent. Lastly, oil and gas extraction and refinement will be the key activities that will drive the global utility pump market in Latin America and the Middle East during the forecast period.

Innovations to Energize Competition; Milwaukee Tool Launches Its Hydraulic Pump

Milwaukee Tool launched its M18 Force Logic 10000 PSI hydraulic pump in Wisconsin in June 2019. The pump is smaller in size and lighter in weight, making its installation convenient at any given site. Similarly, Neptune Chemical Pump unveiled its Series 500 hydraulic metering pumps that can are adjustable while working at 100% capacity. Moreover, the motor has an automatic thermal overload detector built into the system. Such innovations are expected to intensify competition in the global utility pump market in the forecast period.

Major Table of Content For Utility Pump Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Utility Pump Market Analysis, Insights and Forecast, 2026
  6. North America Utility Pump Market Analysis, Insights and Forecast, 2026
  7. Europe Utility Pump Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Utility Pump Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Utility Pump Market Analysis, Insights and Forecast, 2026
  10. Latin America Utility Pump Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

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Key Industry Developments

  • In July 2015, Kirloskar Brothers Limited announced about the acquisition of Netherland based Rodelta Pumps International was completed by its subsidiary The Kirloskar Pompen BV. Rodelta has been in the field of manufacturing of API and non API pumps for various applications like oil and gas, pulp and paper, water, chemical, etc.
  • In June 2019, Milwaukee Tool unveiled its new products at symposium 2019 held at Wisconsin. The new products unveiled included M18 FORCE LOGIC 10000 PSI hydraulic pump which is smaller in size and lighter in weight and easy to install at the required site.
  • In June 2019, International technology group ANDRITZ announced that it would be supplying 4 two-stage vertical pumps for water transport as a part of the Shanxi Xiaolangdi yellow river diversion project in China. These pumps will have a flow rate of 5 cubic meters per second over ahead of 236 meters with an efficiency of 91 percent.

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About Us
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune – 411045, Maharashtra, India.

Phone
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: [email protected]