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Air Brake System Market Research Report – Global Forecast till 2023
The report published by Market Research Future (MRFR) projects that the global air brake system industry is marked to expand at a noteworthy growth rate during the forecast period of 2018-2023 and reach a significant market valuation by the end of the review period. Air brake system or compressed air brake system is a friction brake for automobiles. Extensive utilization of air brake system in traditional railway services in emerging economies of the developing regions such as India, high demand for heavy commercial vehicles, and increased incorporation of high-power brake systems for optimizing the vehicle safety are majorly propelling the growth of the global air brake system market. Rapid industrialization and urbanization are inducing high demand for consumer goods which require transportation from the place of manufacturing to the distribution channel, which in turn is fueling the growth of the global air brake system market during the forecast period. Global Air Brake System Market: Segmental Analysis The global air brake system market has been segmented on the basis of component, brake type, vehicle type, and application. Based on component, the global air brake system market has been segmented into compressor, reservoirs, foot valve, brake chambers, and others. The others segment includes air dryer, rotors and pads, and slack adjuster. Based on brake type, the global air brake system market has been segmented into air disc and air drum. Based on vehicle type, the global air brake system market has been segmented into passenger cars and commercial vehicles. Based on application, the global air brake system market has been segmented into On-road and off-road vehicle. Global Air Brake System Market: Regional Analysis The global air brake system market has been geographically segmented into four regions such as Asia Pacific (APAC), Europe, North America, and the rest of the world. The North America region commands the major share of the global air brake system market owing to increased sales and production of commercial vehicles in the countries such as Canada, and the U.S. in order to fulfill the growing need for mode of transport from various industries that require logistics for product supply, rapid industrialization and high demand for automobiles in this region. The air brake system market in the Asia Pacific region is expanding at the fastest growth rate during the assessment period owing to the high demand for commercial vehicles in industrial areas of the emerging economies such as India and China, increased production of commercial vehicles to fulfill the growing global demand, and high demand for heavy vehicles for logistics in rapidly expanding manufacturing industry in this region. Rapid urbanization, growing industrialization, high demand for commercial vehicles, and increased transportation activities are majorly propelling the growth of the global air brake system market in the Europe region. Global Air Brake System Market: Industry Updates In January 2019, Bendix Spicer Foundation Brake LLC (BSFB) has announced the launch of remanufactured air disc brake calipers for commercial vehicles. In February 2019, WABCO Holdings Inc., a leading supplier of braking control systems, has announced that it has signed an agreement to manufacture and supply advanced air suspension technology for leading manufacturers of premium passenger cars in Europe. Global Air Brake System Market: Key Players Some of the prime players operating in the global air brake system market are Knorr-Bremse (Germany), WABCO (the U.S.), Meritor (the U.S.), Haldex (Sweden), ZF (Germany), Wabtec Corporation (the U.S.), Nabtesco (Japan), Federal-Mogul Corporation (the U.S.), Sorl Auto Parts (China), and TSE Brakes (the U.S.). Related News: https://www.techsite.io/p/1344671/t/active-spoiler-market-2020-global-size-latest-innovations-analysis-top-leaders-and-forecast-2023 https://automotivemarketresearch.prnews.io/168397-Electronic-Brake-System-Market-Competitive-Dynamics-Global-Outlook-.html https://www.feedsfloor.com/market-research/stringent-government-policies-inspire-growth-vehicle-intelligence-battery-sensor https://www.articletrunk.com/retread-tires-market-to-expand-with-assistance-from-eco-friendly-campaigns/ https://automotivemarketresearch.prnews.io/168459-Electric-Parking-Brake-Market-Share-Growth-Opportunities-till-2023.html https://www.feedsfloor.com/market-research/airless-military-tires-market-global-size-opportunities-industry-analysis-top
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Automotive exhaust emission control device is used on all types of internal combustion engines to convert toxic gases and pollutants. Automotive exhaust emission control technologies take their roots in air pollution problems since their introduction in 1970, following the Clean Air Act (CAA) and vehicle emission standards.
Since then, automotive exhaust emission control device has been serving a range of passenger cars and commercial vehicles. Resultantly, the device witnesses a massive demand across the automotive sector, and it's market witnesses enormous growth. Moreover, factors such as increasing demand for fuel-efficient vehicles escalates it's market on the global platform. Considering the exponential growth, this market is capturing continually, Market Research Future (MRFR) in its recently published study analysis asserts that the global automotive exhaust emission control device market will perceive an outstanding growth by 2023, registering a fabulous CAGR throughout the anticipated period (2018 – 2023). Additional factors that are supporting the market to accrue further include the recent shift in the focus of automakers to reduce emission level by installing the device in vehicles. Furthermore, the trends identified as driving forces of the market include the increasing urbanization and the improving economic conditions that are increasing consumers' purchasing power. Also, factors such as growing concern towards mitigation of the ill effects of pollution alongside the stringent regulations imposed by various government agencies are expected to propel market growth, creating a huge demand for the device. Conversely, factors such as the growing demand for electric vehicle (EVs) and the stringent regulations imposed by governments on internal combustion engine (ICE) are obstructing the growth of the market. Also, the fluctuating price of this automotive exhaust emission control device due to limited supply is a key factor impeding the market growth, resulting in the increased cost of the device. Nevertheless, rising investments made by key manufacturers are estimated to support the growth of the market over the estimated period. Automotive Exhaust Emission Control Device Market - Regional Analysis The Asia Pacific region, heading with the increased expenditure in innovation, leads the global automotive exhaust emission control device market with the largest share. The region is expected to retain its dominance throughout the forecast period. Rapidly expanding automotive manufacturing and OEM industries are expected to foster the growth of the regional market. Moreover, factors such as the augmenting demand for the device led by the stringent regulations regarding the pollution-emitting resources, especially in rapidly emerging markets of India, China, Vietnam, Japan, and South Korea substantiates the growth of the regional market. Furthermore, growing urbanization and purchasing power of consumers are further projected to boost the demand for the device in this region. Increased production and sales of automobiles are expected to support the APAC automotive exhaust emission control device market to grow at a significant CAGR during the review period (2018 to 2023). European automotive exhaust emission control device market accounts for another lucrative market, globally. Some of the European countries such as France, Italy, Spain, the UK, and Germany, backed by the stringent emission regulations, such as Euro 6, have emerged as the prominent consumer market of the device. Moreover, the presence of a well-established automotive sector is driving the market in the region. Additionally, continuous growth in automotive production, mainly in Germany, is expected to support the automotive exhaust emission control device market in the region to register a healthy CAGR. The North American automotive exhaust emission control device market is emerging as a promising market, globally. Factors such as the rising environmental concern and well-spread awareness regarding the harmful aspects of pollution are driving the regional market. Also, the stringent norms implemented by the Environmental Protection Agency (EPA) pertaining to controlling the VOC emission levels in vehicles propel the regional market. U.S, Canada, and Mexico backed by the presence of major OEMs account for the major contributors to the market in the region. Moreover, increasing production capacities, high consumption potential, and the well-developed economy are expected to drive the market in the region. Automotive Exhaust Emission Control Device Market - Competitive Analysis Highly competitive, the automotive exhaust emission control device market appears fragmented with the presence of several well-established and small-scale players. These players incorporate strategic initiatives such as the acquisition, partnership, collaboration, product launch, and expansion to gain a competitive advantage in this market. Major Players: Key players leading the global automotive exhaust emission control device market include Johnson Matthey (UK), Denso Corporation (Japan), Continental Emitech Gmbh (Germany), CDTi Advanced (California), Bosal (Belgium), Eberspächer (Germany), Tenneco Inc. (USA), Bosch Rexroth (Germany), Faurecia (France), and Albonair GmbH (Germany) among others. Industry/ Innovation/ Related News May 02, 2019 --- Johnson Matthey (the UK), a multinational specialty chemicals and sustainable technologies company launched its new Mining CRT system, designed to control emissions from diesel underground mining equipment. The Continuously Regenerating Trap (CRT) system can eliminate 99% of particulates which is why it is considered as an important factor in controlling both diesel particulate matter and NO2 emissions from diesel underground mining equipment and vehicles. CRT technology developed by and patented by Johnson Matthey uses a catalyst to regenerate the diesel particulate filter, which traps the particulate matter in diesel exhaust. The company also claims that CRT technology can provide clean air for workers without any impact on productivity. In addition to mining, CRT technology is also useful in the low-emission transport, pharmaceuticals, and chemical processing industries. ReLATED NEWS: https://freepressreleasedb.com/pr/All-Terrain-Vehicle-Engines-Market-To-Benefit-From-Progressive-Engine-Technology-PR133638/ https://ashishgujrathi.kinja.com/all-terrain-vehicle-atv-engines-industry-to-garner-in-1841198139?rev=1579862307428 http://www.24article.com/upsurge-in-demand-for-advanced-safety-features-to-drive-automotive-augmented-reality-market-2.html https://www.feedsfloor.com/market-research/heavy-duty-commercial-vehicles-triggering-differential-system-market https://automotivemarketresearch.prnews.io/168509-Flywheel-MarketTrends-Analysis-Future-scope-Size-Share-to-2023.html https://www.techsite.io/p/1345061/t/growing-demand-for-luxury-cars-to-drive-crossover-vehicles-market-in-asia-pacific The Global Tile Grout Market size was valued at 1.2 billion in 2018, which is expected to witness 5.2% CAGR during the forecast period.
The global tile grout market is expected to witness a substantial growth due to several driving factors. The increasing number of housing projects across the world along with the growing popularity of tiles is contributing to the rising demand for tile grout. The rising worldwide population, especially in emerging economies, is also expected to fuel the tile grout market growth over the review period. On the contrary, the lack of awareness regarding tile grout in developing countries is slated to hinder market growth over the forecast period. Moreover, the fluctuating prices of raw materials, influenced by their availability, supply forces, global and local demand, and government regulations, are expected to hamper the market growth. Segmental Analysis The global tile grout market has been segmented based on type and application. On the basis of the type, the global market for tile grout is segmented into finely sanded grout, quarry-type grout, unsanded grout, and epoxy grout.The epoxy grout segment was accounted for the largest market share of the global tile grout market in 2018 and is estimated to record the highest CAGR over the forecast period. This is attributed to their multiple applications and numerous benefits such as its strength and sturdiness. On the basis of the application, the global tile grout industry has been segmented as commercial, residential, and industrial. In 2018, the residential segment dominated in terms of market share and is slated to exhibit the highest growth over the assessment period. The commercial segment is sub-segmented into healthcare, hospitality, shopping malls & centers, office spaces, educational centers, and others. The industrial segment is classified as manufacturing units, warehousing/storage facilities, and others. The residential segment is projected to witness remarkable growth in the tile grout market, due to the rapidly growing population, rapid urbanization, government funding for housing projects, and strong economic growth. This severe change has further led to an augmented need for residential buildings globally. Regional Analysis The geographical analysis of the global market has been conducted in four major regions, namely North America, the Asia Pacific, Europe, and the rest of the world (including Latin America and the Middle East and Africa). Asia-Pacific is slated to hold a majority of the market share in the global tiles grout market. Asia-Pacific is already growing owing to the growth of real estate. The presence of major manufacturers coupled with the growing construction industry has led to higher demand for tile grout in Asia-Pacific. Furthermore, commercial buildings such as office complexes are increasing as the business hubs are turning overpopulated, creating a demand for new complexes, leading to the market growth. China dominated in terms of the market share in 2018, which will continue its presence by the end of 2025. The rapid growth of residential and non-residential construction projects along with the increasing emphasis on green buildings have further enhanced the demand for tiles grout market. Europe region is likely to hold second largest share followed by North America, the demand in Europe region is mainly driven by growing ceramic tiles manufacturing industries. North America the stagnant growth rate, the demand is driven by slowly growing residential construction industry. Due to the high consumption of decorative tiles along with growing infrastructure, the Middle East & Africa is projected to show high growth rate in the forecast period. South America shows decent growth rate owing to increase in the number of commercial projects, the demand is projected to increase in forecast period. Competitive Analysis The leading market players identified by MRFR in the global market are Sika AG (Switzerland), Bostik USA (US), ParexGroup (Bangkok), MAPEI S.p.A (Italy), Craft (India), Building Adhesives Ltd (UK), Krishna Colours and Constchem PVT LTD (India), ARDEX UK (UK), LATICRETE International, Inc (US), and FLEXTILE LTD. (Canada). Related News: https://www.articletrunk.com/dry-bulk-shipping-market-to-draw-progress-on-growing-number-of-trade-activities-via-waterways/ https://automotivetrendsposts.tumblr.com/post/190418566424/overhead-cranes-market-to-expand-at-5-cagr-by https://automotivetrendsposts.tumblr.com/post/190417861459/grp-pipes-market-key-drivers-size-share-trends https://www.agreatertown.com/united_states_minor_outlying_islands_un/grp_pipes_market_is_expected_to_grow_to_usd_866_billion_by_2025_at_a_cagr_of_516_0007374921 https://user.younews.in/news/bathroom-vanities-market-trends-share-industry-size-growth-opportunities-and-industry-forecast-to-2025/ The global carry deck crane market is expected to witness sustainable growth during the forecast period owing to the growth of the construction equipment and mining industries. Many developing nations are introducing various reforms and regulations for boosting the infrastructure and real estate, which, in turn, drives the demand for carry deck cranes for residential and commercial buildings, globally. However, market growth is expected to be hindered by the fluctuating prices of raw materials, such as iron and steel.
Asia-Pacific is expected to witness the fastest growth in the global carry deck crane market during the forecast period: MRFR Based on region, the global carry deck crane market has been segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Asia-Pacific dominated the global market, primarily due to the growth in construction industry in China and India. The construction equipment industry in Asia-Pacific is growing due to the increase in the number of infrastructural construction projects, which fuel the Asia-Pacific carry deck crane market growth. The global carry deck crane market size was valued at USD 590 million in 2018, which is expected to witness 4.2% CAGR during the forecast period. Key Players
The 15 to 20 tons segment, to occupy the largest market share of the global carry deck crane Market: MRFR Based on capacity, the global market has been segmented as less than 5 tons, 5 tons to 10 tons, 10 tons to 15 tons, 15 tons to 20 tons, 20 tons to 50 tons, and above 50 tons. The 15 tons to 20 tons segment dominate the global carry deck crane market, with 35% share of the total in 2018, which is also anticipated to witness fastest growth rate during the forecast period. The cranes in the 15 to 20 tons segment mostly have a higher number of sections in the boom in comparison to other cranes, which provides improved stability to the cranes under heavy load conditions. Most of the cranes in this segment are equipped with multiple jibs to improve the functionality of cranes. The 15 to 20 tons segment is expected to grow significantly during the forecast period due to the growing construction industry. The construction & infrastructure segment is expected to occupy the largest share in the global carry deck crane market. Based on application, the global carry deck crane market is segmented as construction & infrastructure, manufacturing industries, mining, and others. The construction & infrastructure segment accounted for the largest market share in 2018, which is expected to witness the fastest growth during the forecast period. Scope of the Report This study provides an overview of the global carry deck crane market, tracking two market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global carry deck crane market by material, application, and region. http://crweworld.com/usa/id/bayview/localnews/press-releases/1389154/facades-marketis-to-increase-at-57-cagr-during-the-estimated-period-2020-2023 https://www.sharewise.com/de/news_articles/Extreme_Weather_Conditions_to_Provide_Tailwind_to_Asphalt_Shingles_Market_ashish_20200123_0821 http://crweworld.com/usa/id/blackfoot/localnews/press-releases/1389195/advancements-in-material-technology-to-drive-digitally-printed-wallpaper-market https://www.prfree.org/@millerpeet/interior-doors-market-to-expand-at-6-cagr-from-2018-to-2023-3rmwy5a84mn4 https://automotivetrendsposts.tumblr.com/post/190417861459/grp-pipes-market-key-drivers-size-share-trends http://www.spoke.com/topics/overhead-cranes-market-size-trends-growth-outlook-and-forecast-to-2025-5e29668f3873844b040182d2 The global metal ceilings market is predicted to garner a CAGR of 4.2% during the forecast period (2016-2022), Market Research Future (MRFR) unveils in its latest report. Metal ceilings are preferred for their finish and ability to meet the sustainability and performance requirements of modern buildings. Metal ceilings are made of aluminum and electro-galvanized steel and offer different patterns, colors, textures, shapes, and designs.
Market Potential and Pitfalls The global metal ceilings market has witnessed a tectonic surge over the past few years. The market is very dynamic and is predicted to experience high growth over the review period. Ceilings generally account for a third of interior surface areas and are often a building’s most visible interior surface. Ceilings can amplify or impede sound and can also direct light by reflection. They can be used to obtain varied design intents. Metal ceilings are extensively used in varied sectors like retail, offices, transport, education, and health. They are hygienic, durable, and are designed to meet acoustic and aesthetic requirements. The metal ceilings market is undergoing several transformations, with the acceleration of technological innovation, customer expectations, and shift in competitive power. The soaring number of funding commitments for commercialization, coupled with the development of refueling infrastructure, are primary growth stimulants for the market across the globe. Considering sustainability factors like recycling potential, architects prefer metals over other materials as they possess characteristics that contribute to green building efforts. Moreover, the long-term durability of metals eradicates the environmental impact of renovation. Also, metal ceilings reduce the problem of mildew and mold and do not absorb water. Such factors are considered to have a positive impact on the market. Competitive Dashboard The key players operating in the global metal ceilings market include Architectural Surfaces, Inc. (U.S.), AWI Licensing LLC (U.S.), Gordon Incorporated (U.S.), Grenzebach BSH (Germany), Rockfon (U.S.), USG Corporation (U.S.), Techno Ceiling (India), Hunter Douglas (Netherlands), and Norton Industries Inc. (U.S.). Regional Frontiers Geographically, the metal ceilings market spans across the Asia Pacific, North America, Europe, and the Rest of the World (RoW). Considering the global scenario, the metal ceilings market is dominated by the Asia Pacific owing to the constant growth in the economy. The rising GDP of nations like India, China, and Singapore has resulted in the growth of the construction and automotive industries, which further encourages market growth in the region. With the construction and infrastructure industries gaining momentum in India and China, the metal ceiling market is anticipated to flourish. North America acquires a significant share in the metal ceilings market, mainly due to the soaring adoption of products from the application industries. The surging need for acoustic insulation and technological breakthrough has played a crucial role in this area, which has resulted in increased adoption of metal ceilings. The U.S. holds a major revenue share due to changing consumer preferences and rising options for soundproof and decorative interiors in commercial buildings like business centers and offices. Industry Updates Armstrong World Industries, Inc. has recently declared that the company has acquired the assets and business of Steel Ceilings, Inc. Steel Ceilings, Inc. is a manufacturer of custom and standard aluminum and stainless metal ceilings, which includes radiant heating and cooling, architectural, and security solutions. The acquisition is aimed at advancing AWI’s strategy to penetrate the architectural specialties segment and also offer capabilities to sell into more spaces. Related News: techsite.io/p/1342246/t/engineered-wood-market-planning-innovation-to-see-modest-growth-through-2023 https://automotivemarketresearch.prnews.io/167883-Urbanization-to-Cause-Growth-in-Vitrified-Tiles-Market.html https://user.younews.in/news/engineered-wood-market-trends-analysis-future-scope-size-share-forecast-to-2023/ https://automotivetrendsposts.tumblr.com/post/190400252989/accelerating-urbanization-to-encourage-wooden https://ashishgujrathi.kinja.com/truck-crane-market-key-drivers-size-share-trends-gr-1841151291?rev=1579689792030 The global tower crane market is poised to surpass USD 22,232.1 million at a favorable 4.32% CAGR over the estimated years (2018-2023). Tower cranes have turned into a common fixture at almost every major construction site. It is used by construction crew for lifting concrete, steel, large tools such as generators and acetylene torches and other building materials. They are fixed on strong concrete base as well as anchored by huge bolts that can be easily removed after construction.
There are plentiful factors that is boosting the growth of the tower crane market. These factors as per the Market Research Future (MRFR) report include demand for apartments and residential buildings in urban areas, land banking via governments, rapid urbanization, initiatives undertaken by the government for infrastructure development, expansion of the construction industry, need for high rise projects especially in urban areas, emergence of energy-efficient and green building, stemming of mid-scale and small developers and growing construction activities. The additional factors resulting in the growth of the market include the machine’s heavyweight lifting capacities, increasing global population, increasing infrastructure refurbishment projects, expansion of Tier I and II cities and its alluring features namely small swing radius, large lifting capacity, user-friendly, and needs small operational room. On the other hand, scarcity of skilled manpower affecting the quality, speed and safety of construction projects, soaring price of procurement and training for contractors and limited machinery utilization are factors that may impede the growth of the tower crane market over the estimated years. Market Segmentation MRFR report provides an extensive segmental analysis of the tower crane market on the basis of type and application. Based on type, it is segmented into luffing jib tower cranes, hammerhead, flat top and self-erecting. Of these, self-erecting will have the largest share in the market over the estimated years. These cranes are widely used for construction of residential buildings, refinery factories and dams due to the ease that it provides in folding. Based on application, the tower crane market is segmented into power plants, shipyards, high rise building, bridge building and dam building. Of these, high rise building will dominate the market over the estimated years followed by bridge building. Regional Analysis By region, the tower crane market covers growth opportunities and latest trends across Middle East and Africa, Asia Pacific, Europe, South America and North America. Of these, the APAC region will command the market with China and Japan being the key contributors. Both are predicted to touch USD 5,345.1 million by 2023. The tower crane market in North America is expected to have a substantial growth over the estimated years. The US and Canada are the key contributors in this region. Development projects of bridges and high-rise buildings are predicted to expedite the demand of the tower crane market in this region in the upcoming years. Key Players Leading players profiled in the tower crane market include Fangyuan Group Co. Ltd. (China), Wolffkran International AG (Switzerland), Terex Corporation (U.S.), Zoomlion Heavy Industry Science & Technology Co., Ltd. (China), Sichuan Construction Machinery (Group) Co. (China), Zhejiang Construction Machinery Group Co., Ltd. (China), Guangxi Construction Engineering Group Ltd. (China), HKTC (Korea), Favelle Favco BHD (Malaysia), LIEBHERR (Switzerland), Manitowoc (U.S.), Yongmao Holdings Limited (Singapore), Shandong Dahan Construction Machinery Co., Ltd. (China), XCMG Group (China),and Shandong Huaxia Group Co., Ltd (China). May 2019- Ladybird Crane Hire has been appointed the UK distributor of Montarent Bouwlogistiek, the leading mobile tower crane manufacturer in Dutch. April 2019- The Varso Tower that is being made in Wola with 1017 feet as its total height will be EU’s tallest building and will tower over the whole of Polish capital. Its construction is likely to be completed in 2020. A couple of Terex tower cranes from Herkules SA, the crane service provider that is being used by the contractor Warbud for this significant project is playing an immensely imperative part in the construction. Related News: https://www.techsite.io/p/1341865/t/rainscreen-cladding-market-to-grow-due-to-eco-friendly-building-trends-globally https://automotivemarketresearch.prnews.io/167822-Turning-Tools-Market-Share-Forecasts-Regional-Trends-Growth-drivers.html https://www.feedsfloor.com/construction/decorative-tile-market-size-trends-competitive-analysis-share-key-players-demand https://medium.com/@ashishgujrathi90/composite-slate-roofing-market-43f7f5911e06 The India pre-engineered buildings market is predicted to touch USD 3.56 billion at an 11.63% CAGR over the forecast period (2016-2020), reveals the latest Market Research Future (MRFR) report. Pre-engineered buildings, simply put, are factory-built steel buildings that are shipped to the site and also bolted together. Pre-engineered buildings are ideally suited to warehouses and industrial buildings as the technology is [MM1] affordable, fast to erect, and can be dismantled and carried to another site. Various factors are pushing the growth of the India pre-engineered buildings market. These factors, in accordance to the Market Research Future (MRFR) report, include a growing number of infrastructural development projects, huge investments made in the construction sector, burgeoning construction sector, the inflow of foreign investment, and technological advancements. Additional factors pushing the market growth include scope for customization, sustainable, green practices, booming logistics and e-commerce sectors, and low ecological impact. On the contrary, lack of workforce, coupled with project execution criticalities are factors that may impede the India pre-engineered buildings market growth over the forecast period. Market Segmentation The Market Research Future report offers a wide segmental analysis of the India pre-engineered buildings market based on products, material, and application. Based on material, the India pre-engineered buildings market is segmented into aluminum, steel, and others. Of these, the steel segment is predicted to have the largest share in the market over the forecast period. Steel has a couple of benefits in the construction sector, such as speed of construction, reduced wastage, and high level of quality control. All these factors are likely to drive the demand for steel. Based on products, the India pre-engineered buildings market is segmented into roofs and floors, columns and beams, walls, and others. Of these, the roofs and floors segment is predicted to dominate the market over the forecast period. Pre-fabricated roofs and floors are made off-site through advanced technology and need less time and maintenance. Based on application, the India pre-engineered buildings market is segmented into industrial, commercial, and residential. Of these, the residential segment is predicted to have the maximum share in the market over the forecast period. This is owing to rapid urbanization and increasing population. Regional Analysis The India pre-engineered building industry is experiencing robust growth owing to the growing popularity of pre-engineered building systems and infrastructure development in the industrial sector. Various sectors, such as capital goods, FMCG, pharma, logistics, power, and automotive, are offering substantial growth opportunities for pre-engineered buildings in India. The major demand for such buildings in India is owing to economic growth, increasing population, and the growing construction industry. The escalated amount of investments made in India has motivated the region’s construction sector. Moreover, the inflow of foreign investment is predicted to augment market demand. Everest Industries, a leading building solutions company in Noida, is instrumental in popularizing the PEB concept in India and has been associated with the construction of various projects such as the Ro-Ro Ferry Terminal in Gujarat as well as the Goa Shipyard. The introduction of pre-engineered buildings has enhanced the country’s construction market. Moreover, the approval of FDIs, coupled with the Make in India campaign that has been initiated by the government of India, has boosted the demand for infrastructure from every sector in the country. Optimal use of PEB in India is seen in sports facilities, warehouses, industrial sheds, and others. Key Players Leading players profiled in the India pre-engineered building market include SML Group (India), Tiger Steel Engineering (India), Smith Structures Private Ltd. (India), Pennar Engineered Building Systems Ltd. (India), LLOYD Insulations Ltd. (India), Multicolor Steels Pvt. Ltd. (India), Everest Industries (India), Jindal Buildsys Ltd. (India), Era Infra Engineering Ltd. (India), Interarch Building Products Pvt. Ltd. (India), and Tata Bluescope Steel Ltd. (India). Browse Some News: http://crweworld.com/usa/id/colburn/localnews/press-releases/1380810/vinyl-flooring-market-is-predicted-to-register-a-momentous-growth-at-a-splendid-cagr-over-the-predicted-years https://www.prfree.org/@millerpeet/block-paving-market-size-share-segmentation-top-leaders-and-regional-forecast-2022-abkqbjbj4mqw https://www.sharewise.com/de/news_articles/Outdoor_Furniture_Market_to_Exhibit_Positive_Growth_Trend_ashish_20200116_0746 http://www.articleweb55.com/details/Earthmoving-Equipment-Market-Size-Trends-Growth-Outlook-and-Forecast-to-2022/210788 http://www.spoke.com/topics/light-duty-telehandler-market-planning-innovation-to-see-modest-growth-through-2022-5e200a59383349f6060019e3 http://crweworld.com/usa/il/arlington/localnews/press-releases/1380831/rising-demand-for-new-road-building-power-plant-infrastructure-in-apac-to-drive-backhoe-loader-market Flooring is defined as the permanent covering of a floor. A new report on the global flooring market, published by Market Research Future (MRFR), claims that Flooring Market could witness a high tide at 5% CAGR between 2016 and 2022.
Monitoring the market structure, this report mensurates the future growth potential of the market. It characterizes the strategies of the major market players in the market and aids the competitive developments like research & developments (R&D), new product developments, mergers & acquisitions, and joint ventures, in the market. The primary factor raising the global flooring market growth is rapid growth in the construction sector. Increasing construction projects, across the world, due to expanding urban areas and population growth are also fueling market growth. Other factors furnishing market growth include rising home improvement projects, renovation projects, and rising personal disposable income. The last boost to the market comes from the high demand for the improvement of existing infrastructure and the building of new infrastructure in the form of hospitals, retail outlets, residential housing, and other commercial buildings. However, the market growth can get blocked due to the high prices of new installations and renovations. Considerable volumes of flooring waste and difficult disposal can also impact market growth negatively. Market Segmentation The global flooring market segmentation covers application, material, and type. MRFR’s take on the market allows an in-depth look into various facets of the market. The application-based segmentation of this market covers education, healthcare, hospitality, retail, and sports. Application-based flooring is used for delivering specific aesthetics or achieve a particular purpose. For example, in the healthcare sector, flooring needs to be hard and easy to clean. In sports, the flooring must be level and help absorb shock. Regarding material, the market has been segmented into tiles, vinyl & rubber, wood, and others. The most popular segment among these is “tiles” as tiles are available in various designs, materials, shapes, and sizes to achieve the perfect aesthetic. By type, the market has been segmented into resilient, non-resilient, soft covering, and others. Regional Segmentation Based on a geographical outlining of the global flooring market, the study encompasses North America, Europe, Asia Pacific, and Rest of the World (RoW). The Asia Pacific holds the largest market share with North America and Europe, holding the second largest share and third-largest share, respectively. Rapid industrialization and increasing urbanization in the Asia Pacific region are driving market growth. During the forecast period, the Asia Pacific region is also expected to be the fastest-growing regional market. The largest country-specific markets in this region are China, India, and Japan. An analysis of remaining countries in the Asia Pacific region featured in this report estimates the sizable contribution to market revenue from some other countries. During the forecast period, the growth rate of the North American market is expected to be significant, mainly due to the presence of many construction firms and the existence of advanced infrastructure in this region. The largest country-specific markets in this region are the USA and Canada. Europe is a strong market due to the availability of developed infrastructure, technological advancement, and huge investments in the construction sector. The maximum revenue for the European market is contributed by France, Germany, Spain, and the UK. Key Players Major players in the global flooring industry include Floorworld LLC (Dubai), Flowcrete Group Ltd. (UK), Forbo Holding AG. (Switzerland), Gerflor Group (France), LG Hausys Ltd. (Korea), Mannington Mills Inc. (USA), Mohawk Industries Inc. (USA), Polyfloor Inc. (UK), Shaw Industries Inc. (USA), and Tarkett Company (France). Latest Industry News · After complaints from various people, the Terminal 3 IGI Airport at Indian Capital New Delhi is set to receive new carpet flooring. 13 JUL 2019 · The Atlanta-based Floor & Decor Chain has opened its new flooring store in the remade Eastgate Shopping Center at El Paso. 24 JUL 2019 The Growth of Construction Sector Set to Dominate Expansion of Global Barrier Systems Market1/15/2020 Global barrier systems market is anticipated to market a steady CAGR over the forecast period 2016 to 2021. The growth of the market is poised to be dictated by the acceleration in revenue creation witnessed in the automotive and construction industries. In addition, the increasing economic activities in the transportation industry is also expected to reflect on the proliferation of the barrier systems market in the forthcoming years.
The exponential increase in the number of road accidents has raised concerns globally. It has led to rising investments in safety barriers such as crash barriers, moveable highway barriers, etc. On average, according to the World Health Organization, (WHO), 1.25 million people lose their lives in fatal road accidents annually. In order to curb the high death rate in road accidents, governments and other organizations are emphasizing on safety measures. This, in turn, is prognosticated to augment the global barrier systems market in the upcoming years. The focus on railways and roadways expansion projects coupled with increasing investments signify growth opportunities for the barrier systems market. Furthermore, the innovations and developments being brought by the key players are expected to motivate the expansion of the market over the next couple of years. Market Segmentation: By material, the global barrier systems market has been segmented into metal, plastic, concrete, and others. By type, the barrier systems market has been segmented into guardrails, bollards, beam barriers, and others. By function, the global barrier systems market has been segmented into active and passive. By application, the global barrier systems market has been segmented into railways, roadways, residential, and others. Regional Analysis: The global barrier systems market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). Asia Pacific is expected to capitalize on the economic and structural growth. It is poised to retain the pole position over the assessment period. The infrastructural developments in the fast-developing nations such as India, China, etc. is likely to drive the growth of the regional barrier systems market over the next few years. In addition, the market is anticipated to attract massive foreign investments which are poised to expedite its expansion over the review period. North America is also expected to exhibit positive growth through the forecast period. Competitive Dashboard: The major players of the barrier systems market profiled in this MRFR report are Delta Scientific Corporation, Bekaert SA, Gibraltar, Tata Steel Limited, FutureNet Group Inc., Trinity Industries Inc., Automatic Systems SA, Hill & Smith Holdings PLC, Lindsay Corporation, Barrier1 Systems Inc., Valmont Industries Inc., FutureNet Group, A-Safe Ltd., and Avon Barrier Corporation Ltd. Industry News: In March 2019, Byron Shire, located in the Northern Rivers region of New South Wales, Australia, has presented an assessment which reveals that around 50% of the barrier systems used in the area are in poor condition. It would require an investment of USD 2 Mn for bringing them to proper condition. In February 2019, SigmaRoc, a building material company that has acquired a license in the U.K. for concrete traffic barrier system made in the U.S., has added a moveable highway barrier to its product line. In January 2019, the skyway that connects that connects Holland Tunnel to Lower Manhattan - the Pulaski Skyway – has got Valentine F350, a median barrier system, for increasing its lifespan. In January 2019, the officials in the Ocean city of the U.S. have initiated the next phase of the project named Boardwalk access control where a series of semi-permanent and permanent barrier systems are being explored. Manhole covers are also referred to as pit lids or access covers. Manhole covers are used to shut the openings of manholes to prevent people from falling into them and injuring themselves. Materials used for the manufacturing of manhole covers include metals, concrete and composites. The global manhole covers market is anticipated to grow at a stellar rate during the assessment period. There are many factors contributing to the ascension of the manhole covers market. Population across the globe has been observed to grow at an alarming rate, leading to better municipal and civic amenities necessities.
Furthermore, a rise in the urban construction and the construction of roads and other facilities such as airports is anticipated to surge at a steady rate. Such growth in the construction sector is also projected to push the global manhole covers market. Moreover, rehabilitation of old and damaged infrastructure is likely to create new growth avenues for the global manhole covers market during the forecast timeline. With a burgeoning real-estate industry, the need for manhole covers has ascended drastically. Increased government initiatives to strengthen the civic system in many countries situated in the APAC is also likely to promote market growth through the review period. Market Segmentation The global manhole covers market has been segmented by MRFR on the basis of types, application, and region. Based on types, the manhole covers market is segmented into metal cap, regenerated resin, and high strength steel fiber cement concrete. Based on application, the market segmentation for manhole covers includes municipal and airports & ports. Regional Analysis The global manhole covers market has been regionally segmented into North America, Asia Pacific (APAC), Europe, and Rest of the World (RoW). The APAC region is anticipated to spearhead the global manhole covers market owing to its speedily mushrooming market across the globe. Asia Pacific is expected to garner substantial growth throughout the forecast period owing to its rapid infrastructural and economic growth. China and India are seen investing heftily in the construction sector, contributing to its fast ascension. Such proliferation of the construction sector is estimated to push the global manhole covers market to a great extent. Further, expansion of other end-use industries such as oil & gas, petrochemicals, telecom, and chemicals is also surging growth in the manhole covers market during the assessment period. Similarly, North America is observed to garner staggering growth during the forecast period of 2016 to 2021, with Europe and Rest of the World following the same trend. Although, the market growth in these two regions is likely to be sluggish as they already are mature markets for manhole covers. Competitive Landscape The global manhole covers market is observed to appear fragmented with a large number of local players operating in regional markets. The competition among major players is likely to be fierce due to the tender-based nature of the manhole covers industry. The global manhole covers market is heavily driven by the expansion activities undertaken by many market giants. Some of these noteworthy players in the global manhole covers market are mentioned in the MRFR report including EJ Group, Inc., Eagle Manufacturing Group, OPW Fibrelite, Crescent Foundry, Aquacast Ltd., Peter Savage Limited, Arcova Ltd., DKG Manhole Covers, Ducast Factory L.L.C, and Polieco Group. May 2nd, 2019, OPW, a pioneering leader in fluid-handling solutions, announced about the introduction of its all new OPWlite GRP composite tank sumps and manhole covers. These are engineering to offer a cost-effective solution for typical petrol stations. The all new range is non-corrosive in nature, lightweight, maintenance-free. All the covers can be safely and quickly removed with the use of OPWs ergonomic lifting handle. April 23rd, 2019, Al Zamil Industry, a Saudi Arabian-based trade and transport organization, announced that it is showcasing its horizontal tasks, a new generation of manhole covers that are made up of composite materials, and filtration units at the Gulf Construction Expo in Bahrain. |