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Sand blasting machines market size over $485 million by 2022: Global Market Insights, Inc.

Sand blasting machines market size is forecast to exceed USD 485 million by 2022, as per a new research report by Global Market Insights, Inc. Emergence of robotic technology for sand blasting should boost global demand. Industrial sand blasting machines market size was valued at USD 298.3 million in 2014, with forecast of USD 391.2 million by 2022.

 
This technology has been increasingly adopted to amplify the extent of sand blasting in areas where part complexity, quality control and complex process requirements are not sufficed through standard automation solutions. It provides optional features such as automatic recovery, automated media flow control, custom data collection, automatic blast pressure control, report generation, through-the-fixture back pressure control and rotary lance capabilities.

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Health hazards associated with the use of silica as an abrasive material coupled with threat of substitutes are expected to challenge growth over the forecast period.

Key insights from the report include:

  • Global sand blasting machines market was valued at USD 366.1 million in 2014, with expected revenue of USD 485.4 million by 2022, growing at 3.5% from 2015 to 2022. In terms of volume, the industry should grow at a CAGR of 5.0%, to exceed 140.1 thousand units by 2022, up from 93.9 thousand units in 2014.
  • Mini-sand blasting machines market share was over 18% in 2014, and with segment growth expectations of 4.1% from 2015 to 2022. This is primarily due to increasing deployment in household activities such as rust removal, repairing and paint removal. Additionally, increased substitution of manual labor with sand blasting for performing domestic tasks to save time is likely to boost demand.
  • Asia Pacific led the global industry with over 35% of the overall share in 2014, with forecast of 4.2% growth over the forecast period, mainly due to the considerable Chinese industry. Although sand blasting machines price trend is low in the region, high unit volumes should see sizable revenue during over coming six years. Europe may grow sluggishly compared to the global average to exceed USD 95 million by 2022.
  • The sand blasting machines market share is highly fragmented in nature, with the presence of several stakeholders. Clemco Industries, Tools USA, Trinity Tool, and C.M. Surface were among the key participants in 2014. Other notable companies include Airblast B.V, Kramer Industries, SANdBOT (JetSystem Group), Midwest Finishing Systems Inc., Norton Sandblasting Equipment, Torbo Engineering Keizers GmbH, and Sintokogio Group among others.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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Pleated filters market size to reach $14.9 billion by 2022: Global Market Insights, Inc.

Pleated filters market size is likely to be valued at USD 14.9 billion by 2022; as per a new research report by Global Market Insights, Inc. Growing need for energy conservation and low green house gases (GHG) emission devices is likely to drive demand. The market is also likely to be driven by consumer preference to install latest air conditioning systems in residential and commercial buildings. These filters also have significance in HVAC installation systems.

Germany pleated filters market size, by product, 2012 - 2022 (Million Units)

Germany pleated filters market size, by product, 2012 – 2022 (Million Units)

Air based pleated filters market share dominated the industry and accounted for more than 50% of the total demand in 2014. Growing importance of efficient equipments with for minimizing indoor contaminants is likely to drive air filters demand. Oil filters are likely to witness highest growth rates with an estimated CAGR of 7.5% up to 2022.

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Stringent regulations by governing bodies such as EPA to curb air borne diseases are anticipated to drive pleated filters market size over the next seven years. Ensuring continuous & down-flow of particulate-free fluids in oil & gas exploration and production applications is anticipated to play a major role in increasing the demand. Preference of some substitute products to remove micro-particulates is likely to challenge pleated filters industry.

Key report insights suggest:

  • Global pleated filters market size was estimated 197.2 million units in 2014 and may register 326.0 million units by 2022 growing with an estimated CAGR of 6.5% from 2015 to 2022.
  • Industrial applications dominated the overall demand and accounted for 41.9% of the total volume in 2014. Rapid industrialization in emerging economies such as  Asia Pacific & Latin America coupled with increasing investments in expansion of cement and power industries is likely to drive demand for this application. Residential applications are likely to witness moderate growth rates at CAGR of 5.7% up to 2022.
  • Asia Pacific dominated the regional market and accounted for 43.2% of the total volume in 2014 and is likely to witness highest gains up to 2022. Increasing flow of FDIs coupled with stringent regulations to curb air pollution is likely to drive regional demand.
  • U.S. pleated filters market share is likely to witness moderate growth rate with an estimated CAGR of 3.2% up to 2022.
  • The market is characterized being highly fragmented with presence of large number of domestic and international industry participants. Key companies include General Motors Company, 3M Company, Midwesco Filter Resources Inc, Donaldson Company Inc., Freudenberg & Company KG, Atlas Copco, Camfil AB and The Strainite companies. The market is also likely to increase the competition by attracting new industry participants.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


Contact Us:
Jack Davis
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Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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Power transformer market size worth $34.6 bn by 2022

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Power transformer market size is forecast to exceed USD 34.6 billion by 2022, as per a new research report by Global Market Insights, Inc. Favorable regulatory scenario coupled with advancement of existing networks in developed countries is likely to boost global demand.

        Global power transformer market size, by product, 2012-2022 (USD Billion)

801 MVA to 1200 MVA output power transformer market size was valued USD 2.54 billion in 2014 and is anticipated to gain significantly, with estimates of USD 3.85 billion by 2022. Increasing energy demand from emerging countries such as China, India and Brazil is likely to support demand. 501 MVA to 800 MVA output power was valued at USD 4.27 billion in 2014, with projections of USD 6.69 billion by 2022, at estimated gains of 5.5% from 2015 to 2022.

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Increasing electrification ratio in emerging economies such as China, India, Brazil, and Russia should drive demand for power generation. Moreover, load growth and high transmission & distribution losses highlight the need to increase substations. Due to rapid economic development and increased need for uninterrupted and reliable power supply in these countries, the industry should exhibit healthy growth from 2015 to 2022. However, unstable raw material prices are likely to challenge power transformer market demand over the next six years.
Key insights from the report include:

  • Global power transformer market was valued USD 21.52 billion in 2014, with estimation of USD 34.64 billion by 2022, growing at 5.9% from 2015 to 2022
  • Global demand in 100 MVA to 500 MVA output power was USD 14.7 billion in 2014 which is likely to achieve USD 24.11 billion by 2022, growing at a CAGR of 6.2% from 2015 to 2022.
  • Asia Pacific leads the regional demand with total share of 36.56% in 2014. Factors such as fast economic development and improved need for reliable power supply due to boost in population have stimulate the demand growth throughout the forecast period.
  • The industry expected North America, particularly U.S. power transformer market share to grow significantly, with forecast of USD 8.54 billion by 2022.
  • Highly competitive industry consists of top six chief manufacturers which accounted more than 60% of power transformer market share in 2014. Major participants include ABB Ltd, Alstom, Siemens Energy, Toshiba Corp, GE and Crompton Greaves and others.

 

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


Contact Us:

Jack Davis
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web:https://www.gminsights.com

 

Global air compressor market size poised to exceed USD 39 billion by 2023: Global Market Insights, Inc.

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Air compressor market size is poised to exceed USD 39 billion by 2023; as per a new research report by Global Market Insights, Inc.

Industries have shifted from traditional methods of production to cost-effective manufacturing techniques. This has driven energy-efficient air compressor market size, thereby helping industries to maintain cost-effective operations.

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Growing popularity of portable products is also forecast to drive the air compressor market. Ease in handling this equipment has increased adoption in low-duty applications. Fewer wearing parts also ensure low maintenance requirements and cost, which is predicted to drive consumption. Portable oil-free air compressor market finds application in manufacturing activities.

Availability of quality raw material is crucial for manufacturers to meet performance regulations. Volatile raw material prices may thus negatively impact growth in the coming years.

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Global oil-free air compressor market share is characterized by a large number of players offering low-cost solutions. Key raw materials involved in manufacturing include copper, steel, and aluminum. Continuous hike in raw material prices is forecast to have negative impact the market growth through the next seven years. The demand for copper, aluminum, and other raw materials is likely to increase over the years due to escalating usage of these materials in various applications and products.

Growth in retrofitting activities, efficient operation, favorable oil-free air compressor price trend, and rising adoption of variable-speed products will present attractive growth opportunities.

To access sample pages or view this report titled, “Air Compressor Market Size by Technology (Screw/Rotary, Reciprocating, Centrifugal), By Product (Portable, Stationary), By Lubrication (Oil Free, Oil Filled), By Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Semiconductors & Electronics, Manufacturing, Healthcare), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023in detail along with the table of contents, please click on the link below:

https://www.gminsights.com/industry-analysis/air-compressor-market 

Key insights from the report include:

  • U.S. air compressor market size was approximately USD 5 billion as of 2015, with 3.2% CAGR expectations from 2016 to 2023.
  • High demand from the manufacturing sector is set to be favorable for medium and small compressors. However, demand for large compressors will most likely be stagnant.
  • The food and beverage industry is anticipated to be driven by mandates on food safety and health requirements.
  • Oil free products are likely to witness growth at more than 4% CAGR during the forecast period. Oil filled air compressor market will continue dominating demand with more than 60% of the global share in 2015.
  • Screw air compressors market size is poised to exceed USD 18 billion by 2023. Centrifugal equipment should see more than 4% growth from 2016 to 2023. Reciprocating air compressor market size is forecast to see revenue of over USD 8 billion.
  • Air compressor market share consists of companies including Ingersoll-Rand, General Electric, Atlas Copco, BelAire, Chicago Pneumatic, Bauer Group, etc.
  • Although most manufacturers focus on only one aspect of the value chain, a few other players undertake vertical integration at design and production levels to a large degree. There exists significant interdependence between equipment manufacturers and end-users owing to the critical nature of compressors to customer application processes.
  • The industry is characterized by rapid technological developments; customers mainly target criteria such as high productivity and lower costs when choosing a manufacturer or supplier.

 

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 

 

Contact Us:

Jack Davis

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1 888-689-0688

Email: sales@gminsights.com

Web: https://www.gminsights.com

Source: Global Market Insights, Inc.