Elevators Market Business Case and Industry Roadmap

According to a new study by Fact.MR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive technologies.

Report Overview: https://www.factmr.com/report/408/elevators-market

The study opines that demand for elevators shows no signs of abating alongside notable growth in the commercial, residential, as well as industrial construction activities. The elevators industry remains one of the most innovative business areas, influenced by international and national regulatory standards, which have encouraged leading players to introduce ground-breaking developments that lead to significant cost-savings for customers.

The trend of Building Information Modelling (BIM) continues to remain a key growth determinant of the elevators market, as it involves the rules & regulations and planning infrastructure with digitalization concepts that involves implementation of IoT and cloud-based solutions. The elevators industry, studded with innovation, is likely to help manufacturers to identify and resolve future challenges entailed by macro-trends such as rapid urbanization and demographic change.

Growing space constraint associated with the construction of separate commercial and residential buildings, particularly in metro cities, has driven the trend of ‘Mixed-use Development’ in the real-estate sector. This has been creating a fresh room for development and sales of elevators that eliminate the requirement for machine rooms. According to the study, elevator sales in mix block infrastructures will grow at a significant pace, and are estimated to exceed 150 thousand units in 2019.

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The Fact.MR study opines that single deck elevators remain the preferred category among customers, accounting for nearly 80% sales. Sales of double deck elevators are estimated to grow at a relatively greater pace, in light of their requirement for less core space in buildings. Additionally, the trend of using one part of the double-deck elevators for carrying goods to prevent damages associated with the use of trolleys, has been significantly complementing their adoption, particularly among commercial infrastructures.

The study indicates that increasing demand for jerk- and shock-proof, faster vertical transit in high-rise buildings – future skyline of metropolitan cities – has rubbed off on technology advancements in the elevators market. This, coupled with regulatory mandates on manufacturers apropos of safety and quality, continue to favor growth of the elevators market. 

IoT-connected smart elevators have gained immense traction in the recent past, with manufacturers directing their focus toward integration of technologies that notify faults and errors in the equipment prior to their occurrence, thereby saving time and money for customers. Proliferation of IoT in the elevators market has meant that modern equipment are witnessing notable advancements such as prediction of traffic in real-time, ease & convenience in communication with service teams, and mobile-application based elevator operations. 

According to the study, Asia Pacific is likely to account for a significant share of global construction spending over the assessment period, driven by the growing infrastructure development, particularly in China and India. The exponential growth in the residential sector and construction activity across Asia Pacific region has resulted in growing application of elevators. Manifold factors such as demographic changes, and rising demand for skyscrapers are likely to reinforce the demand for modern building infrastructure, including elevators in the coming years. 

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Fired Heaters Market Opportunities, Challenges, Strategies & Forecasts Report

According to the recently published study by Fact.MR, the global sales of fired heaters were close to 695 units in 2018, and are estimated to register approximately 5% Y-o-Y in 2019. The fired heaters industry remains influenced by a slew of factors that range from continued adoption in chemical and petrochemical industries, to focus of manufacturers in optimizing the operational efficiencies of fired heater to minimize energy consumption.

Report Overview: https://www.factmr.com/report/1958/fired-heaters-market

The study finds that energy demand witnessed a remarkable rise in 2018, and the consumption continues on an upward spiral, primarily driven by pervasive rise in cooling and heating requirements. As fired heaters used in process industries, such as chemical, petrochemical and pharmaceutical, account for a notable energy consumption, leading manufacturers are putting efforts to optimize the heater operation even in fluctuating loads. Development of hardware-based control schemes to reduce the NOx emissions, is another key focus area of leading players in the fired heaters market.

According to the study, the direct-fired heaters was estimated to account for over 70% market share in the global fired heaters market. The increasing consumer demand for cost-effective yet highly productive fired heaters, coupled with a higher preference for efficient heating equipment has translated into a significant demand for direct-fired heaters, in light of their capability to attain 100% operational efficiency. This rise in demand for direct-fired heaters is prompting leading manufacturers to focus on the development of equipment with improved air volume to heat output ratios.

According to the study, East Asia will continue to remain the most attractive market for fired heaters, with sales estimated to account for nearly 25% sales in 2019. China continues to remain an attractive market for fired heater manufacturers, and accounts for over 70% sales in East Asia. As China is home to numerous chemical and petrochemical process equipment facilities, the market players continue to focus on strengthening their distribution and optimizing the supply chain to leverage the growth potential in the country.

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South Asia will also remain lucrative for fired heater manufacturers, and the study opines that sales in the region will grow at a relative faster rate than those in East Asia in the foreseeable future. This can be significantly attributed to the lucrativeness of key countries such as India, where manufacturing and production facilities of chemical & petrochemical products & equipment are likely to grow in the upcoming years. The opportune potential of East Asian and South Asian markets has traditionally been strong for players in the fired heaters market, and the status-quo is expected to prevail in the near future, as more manufacturers invest into erecting manufacturing facilities in the region to cater growing demand.

Investment of fired heater manufacturers into new product development has gained a remarkable uptick in recent years, owing to the widening application scope of these equipment. These players are also emphasizing discovery of new materials, along with process innovations, to save on cost and comply with sustainability goals of the energy & power industry.

Process-specific production of fired heaters is a key focus area of the market stakeholders, which has gained significant emphasis recently, in line with the growing number of contract-based deals between manufacturers and customers for delivering customized solutions, which in turn has led to application diversity of the fired heaters.

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Fuel Storage Containers Market Expected to Witness the Highest Growth by 2028

According to a recently published Fact.MR report, sales of fuel storage containers market are estimated to exceed 79,300 thousand tons in 2019. The fuel storage containers industry has been significantly influenced by the pervasive developments in trade, wherein profound economies – ensued from ‘gigantism’ in ship sizes – play a vital role.

Report Overview: https://www.factmr.com/report/3729/fuel-storage-containers-market

Economies of scale, in combination with the intense competition among carrier, in the shipping industry have considerably reduced the cost of transportation, thereby complementing growth of trade activities worldwide. The upsurge in the cross-border trade activities has further driven the demand for rigid packaging solutions, such as industrial drums and intermediate bulk containers.

The study highlights the influence of novel technologies, such as RFID tags, on the adoption rate of fuel storage containers. As stakeholders in the transportation and logistics industry continuously eye to gain early-mover advantage in automation, RFID tags-equipped fuel storage containers are becoming a key imperative for safeguarding their bottom lines, and enabling traceability of assets.

The study opines that containers continue to endure as the lifeblood of fuel transport worldwide, as the ubiquitous, modular, simple containers account for a significant portion of sea- borne fuel transport. Although, adoption of fuel storage containers continues to grow in abundance, challenges prevail in terms of precarious financial nature, and the awareness of sustained value creation among fewer industry stakeholders.

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According to the study, the fuel storage containers industry is also impacted by an array of disruptive forces such as the trends of digitization and automation, along with the shifting political and economic landscape across the globe. Uncertainties in areas of value creation, in terms of scalability, value-chain integration, and flexibility, are likely to influence growth of the fuel storage containers market in the foreseeable future.

Emerging players in the fuel storage containers market are leveraging the digital technology, analytics, and data, for optimizing the value chain, alongside the transformations driven by the digital reinvention and innovation. These players continue to strive to bring value-added services to customers, while preparing for contrasting outcomes to stay ahead of change. The study alludes rapid growth in trade activities, and opportune potential of manufacturing and export of fuel storage containers in developing markets.

The study senses a potential hurdle in the growth of fuel storage containers market as rental networks gain ground, amid shifting preferences of end-users toward owning fuel storage containers on a rental basis, and saving a large amount on the purchase of new containers. Government regulations have made it mandatory for storage containers to qualify strict quality filters, which in turn, continue to take a toll on their production agility. The incompetence of manufacturers to adhere to the rules further narrows their expansion windows and impacts the growth of fuel storage containers market.

The study finds that North America will continue to persist as a leading fuel storage containers market with a plethora of drivers at play. Being a mature packaging industry, the region remains lucrative for fuel storage containers sales as key strategies adopted by fuel storage containers manufacturers have enabled them to gain a wider customer base. Economic vigor of customers in the region has further led the inclination towards recreational activities, which in turn has resulted in a marked rise in demand for efficient storage facilities.

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High Voltage Electric Heaters Market Analysis and Research Report by Experts 2028

The high voltage electric heaters market remain concentrated among the leading players accounting for more than 80% of revenue share. Product innovation, providing safety features and easy installation are some of the key strategies adopted by major players in the high voltage electric heaters market.

Read the Complete Report Overview: https://www.factmr.com/report/1027/high-voltage-electric-heater-market

Companies are also investing in new technologies and opening new production centers in various regional markets to meet the growing demand for technically advanced components for electric and hybrid vehicles. Acquisitions and partnerships are in the market is on a rise in high voltage electric heaters market with companies aiming to strengthen their position in the global market.

The sales of electric cars across the globe is growing. According to the report by International Energy Agency (IEA), sales of electric vehicles worldwide exceeded 1 million units in 2017, China accounted for more than half of the global sales of electric cars. Meanwhile, the US is the second largest electric cars market.

Minimizing the impact from heating, ventilation and air-conditioning system on the driving range of electric vehicles is one of the biggest challenges. Hence, manufacturers in the high voltage electric heaters market are constantly developing new products to increase efficiency of modern vehicles.

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Stringent regulations are also being introduced in various countries on Carbon dioxide (CO2) emission. These standards and policies are driving the demand for high voltage electric heaters for hybrid and electric vehicles in various countries. Manufacturers in the high voltage electric heaters market are focusing on developing lightweight high voltage electric heaters limiting the waste heat and providing noiseless and rapid warming in the vehicle cabin.

The automobile industry is rapidly replacing internal combustion engine vehicles with eco-friendly electric vehicles. To boost electric vehicle use and reduce battery power consumption, manufacturers in high voltage electric heaters market are developing highly efficient heating system for electric vehicles.

High voltage Positive Temperature Coefficient (PTC) heaters with high heating capacity are widely used as a main heating equipment in electric vehicles. Meanwhile, many manufacturers are concentrating on evaluating heating performance of high voltage PT heaters for electric vehicles.

With the active adoption of air heaters for electric vehicle heating, high voltage electric heaters manufacturers are focusing on improving performance and reliability of high voltage PTC heaters by taking into account driving environment and characteristics of repeated operations.

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Gummy Vitamins Market Competitive Strategies, Regional Analysis Forecast 2028

The gummy vitamins market remains consolidated at the bottom with regional players holding over half of the overall market share. Increasing demand for vitamin supplements to overcome nutritional deficiencies has triggered a stiff competition amongst market forerunners and emerging players. To capitalize on the growing demand for vitamin supplements, companies are expanding their manufacturing facilities, while acquiring other local companies to gain a competitive edge. Further, these companies are launching new product lines offering consumers a variety of flavors while providing an increased nutritional value. The competition is further expected to intensify as both confectionery companies and vitamin supplement enterprises venture into the gummy vitamins market. The constant tussle to improve nutritional quality, while providing palatable flavors, is one of the key causes that is allowing new and emerging players to lure in extensive consumer base, which is constantly on the lookout for flavorful vitamin supplements.

Read the Complete Report Overview: https://www.factmr.com/report/2919/gummy-vitamins-market

Detailed profiling of other leading market players operating in the market has also been included in the gummy vitamins market report. Key players operating in the gummy vitamins market include Bayer AG, The Honest Company, Inc, Pfizer Inc., Olly Public Benefit Corporation, Pharmavite LLC, Zanon Vitamec, Life Science Nutritionals, Boscogen Inc., Hero Nutritionals LLC, Church & Dwight Co. Inc., and ABH Nature’s Products Inc.

Vitamin or micronutrient deficiency is one of the most prevalent health concern among the global population. According to a recent report by WHO, over 2 billion people around the world suffer from micronutrient deficiency. This widespread prevalence of vitamin deficiency can be attributed to various factors that range from chemical and mechanical alterations in natural food, to lax nutritional and labelling requirements. The changing dietary patterns of consumers worldwide has put them at a greater risk of micronutrient and vitamin deficiency. Severe health concerns have been associated with vitamin deficiency, including beriberi, rickets, scurvy, and anemia, apart from impacts on pediatric physical and mental development, and neurological problems. These concerns have been advocating the consumption of vitamin supplements among consumers, in line with surging health & wellness trend. Future prospects for gummy vitamins market are envisaged to be promising, as these health supplements gain ubiquitous acceptance among adults and children alike, with manufacturers’ efforts toward development of flavored gummy vitamins while retaining their efficacy.

The gummy vitamins market continues to witness product diversification, with consumer demand for new flavors and ingredients in these supplements. In order to expand their footprint in the gummy vitamins market, companies are introducing a variety of products with added nutritional value. Apart from the basic chewable multivitamins, companies are offering gummies with ingredients such as probiotics, omegas, and other immunity-boosters. Other unique offerings include organic gummies, vegan gummy vitamins, and wheat and gluten-free vitamin supplements. Additionally, leading gummy vitamins manufacturers on novel flavor offerings that range from grape to cherry and orange, to meet the varying consumer needs for taste. Added health benefits coupled with the different flavors continues to remain a key growth strategy of gummy vitamins market players.

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Manufacturers often use sugar and other artificial flavorings to cover up the natural taste of vitamins. Moreover, the use of preservatives to increase the shelf life of products is a common practice. However, researches have linked sugar and other artificial substances used in the manufacturing of gummy vitamins with multiple health problems which have raised questions on the effectiveness and benefits of vitamins. Moreover, recent research alluded most gummy vitamins to contain either exceeding or limited quantities of vitamins. In addition to these potential inconsistencies, excessive consumption of gummy vitamins is linked to a plethora of health problems some of which include frequent urination, increased calorie intake, and side effects due to consumption of enormous quantities of vitamins. Due to these factors, numerous organizations are questioning the effectiveness of gummy vitamins. Manufacturers face a colossal challenge of improving the nutritional value offered by the vitamins while keeping the flavors intact.

There has been a marked rise in spending on personal care-specific gummy vitamins, particularly among the female demographic. In a bid to tap potential opportunities in this space, manufacturers are taking efforts in development of gummy vitamins that include Vitamin A, C, and E – known to promote skin health, while complementing hair growth. The benefits associated with these vitamins, coupled with the added nutritional value of probiotics and other nutrients, are being leveraged by beauty supplements manufacturers to market gummy vitamins.. For instance, iRestore Hair Growth system launched its very own line of iRestore Hair Gummy Vitamins which claims to fight hair loss, dry hair and improve the overall growth and quality of hair. On similar lines, several other companies have launched gummy vitamins for a better complexion, nails, and even natural tanning. The adoption of beauty vitamin supplements is anticipated to rise as companies employ rigorous marketing strategies to promote their products.

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Animal Feed Probiotics Market Size,Status and Forecast 2028

The global animal feed probiotics market remains moderately fragmented, with leading and mid-sized players who collectively hold more than 50% revenue share. The focus on R&D activities dedicated toward novel product innovations, and hefty emphasis on acquiring animal feed probiotics providers, are among key growth strategies of established animal feed probiotics manufacturers. The fluctuating demand for animal feed, coupled with relevant government policies and regulations, continue to prompt animal feed probiotics’ manufacturers to adopt smart strategies aimed at communicating the customer segments in a much more efficient manner.

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The report on animal feed probiotics market also provides comprehensive analysis on the leading manufacturers in animal feed probiotics market. The report profiles several leading players functioning in the animal feed probiotics market, including Calpis Co., Ltd., Chr. Hansen Holding A/S, Adisseo France SAS, Koninklijke DSM N.V., Lallemand Inc., E. I. du Pont de Nemours and Company, Novus International, Inc., and Evonik Industries AG, etc.

Antibiotics have traditionally been used on nursery hogs to address post-weaning problems. However, the development of antimicrobial resistance to antibiotics has urged livestock and pig farmers to invest in viable substitutes that could improve the immunity of animals. Animal feed probiotics are perceived as a feasible alternative to antibiotics among pig farmers, complemented by legal restrictions imposed on antibiotic growth promoters. A recent study conducted by National Center for Biotechnology Information (NCBI) has found that the use of probiotic Bacillus amyloliquefaciens (Ba) instead of antibiotics promote growth performance of piglets.

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The consumption and trade of livestock products are gaining fast momentum, consequently prompting livestock farmers to adopt strategies to bolster production capacity, while maintaining the health of the animal. The shift toward  animal feed probiotics is further backed by recommendation of the Food and Agriculture Organization in improving broiler chicken growth rates, and preventing enteric diseases, including Tellez et al., Biloni et al., necrotic enteritis, and coccidiosis. Optimization of meat and egg quality, and alleviation of salmonella are key attributes of animal feed probiotics that are driving their sales among livestock farmers. Another key growth influencer of animal feed probiotics market is approval of the microorganisms used in animal feed probiotics for animal nutrition, as they neither pose any health hazard f, nor affect metabolic processes of animals.

Animal feed probiotics have gained ground as viable microorganisms-based feed supplements for animal nutrition. Although enhanced performance has been linked with probiotics adoption, statistically notable improvements such as weight gain, and feed conversion, are rare owing to variations in the individual reactions of the animals. To address this emerging challenge, animal feed probiotics manufacturers are shifting their focus towards potential probiotics based on target host-specific principle to ensure their functionality. Furthermore, the adoption of scientifically validated in-vitro methods, which reduce costs and eliminate unnecessary suffering corresponding to the Registration, Evaluation and Authorization of Chemicals (REACH) regulations, has been identified as another leading strategy being taken up by the animal feed probiotics manufacturers.

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The rapidly advancing molecular biology and gene sequencing have been prompting researchers to accomplish novel probiotic applications in the animal nutrition. Researchers are continuously working on new probiotic formulas that are more adaptable for the animals. Robust dedication towards finding ideal substitutes with negligible side effects on the animal health may provide potential growth opportunities for animal feed probiotics market players. Thus, the development of the new age technology is revamping the animal feed probiotics market, which may creating lucrative opportunities over the forecast period.

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Lithium-Ion Battery Pack Market Key Trends in Terms of Volume and Value 2019-2028

According to a new study of Fact.MR, sales of lithium-ion battery pack will exceed 151 Mn units in 2019, up from 131 Mn units in 2018. Development of safe and reliable battery packs, in line with the surging power requirements from multiple applications is for to complement growth of lithium-ion battery pack market.

Report Summary: https://www.factmr.com/report/3120/lithiumion-battery-pack-market

The study states that, growing palpability of disruptive technologies, smart grid storage, electric vehicles, data centers, and others, is providing an impetus to growth of the lithium ion battery pack market. Additionally, rising dependency on electrochemical energy storage is fuelling investments in lithium-ion battery packs, as lithium ion battery is emerging as the ideal choice for electrochemical energy-storage.

The battery industry is undergoing a sea change in line with increasing demand for battery technologies with superior capabilities. As per the report, changes in cell-technologies and innovations in smart electronics are creating favorable grounds for adoption of li-on technology, driving growth of lithium-ion battery pack market.

Lithium cobalt oxide to continue as the ‘top-selling’ lithium-ion battery pack variant, with global sales estimated to surpass 67 Mn units. Skyrocketing demand for portable electronic devices is foreseen to fuel demand for lithium cobalt oxide types, as most of the lithium-ion battery packs used in portable applications are cobalt-based.

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The report opines that, the cylindrical cell type continues to be highly favored as compared to prismatic or pouch types, with global demand estimated to surpass 51 Mn units in 2019. Cylindrical packaging continues to be the widely-used for lithium-ion battery packs, on account of advantages such as superlative mechanical stability and ease of manufacture.

According to the report, Asia Pacific excluding Japan will continue to be the largest market for lithium-ion battery pack, as the APEJ hosts a large number of prominent battery OEMs. China, South Korea, and India are foreseen to be highly lucrative countries for the manufacturers of lithium-ion battery packs in terms of healthy expansion.

North America is likely to emerge as the fastest-growing market for lithium-ion battery pack, with opportunities brimming for the manufacturers across the key countries, including the U.S., Canada, and Mexico. The buoyancy of North America lithium-ion battery pack market can also be ascribed to incessant penetration of plug-in & electric vehicles and steady demand for consumer electronics.

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Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

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Grease Cartridges Market Competitive Landscape Analysis with Forecast by 2026

Demand for lubricating grease has been gaining steady traction, on the back of its extensive use in the mining and automotive industries for enhancing operational performance. Lubricating grease also enjoys widespread applications in the oil and gas industry for achieving resistance to rust, enhancing anti-wear capacity, and reducing viscosity loss.

Report Summary: https://www.factmr.com/report/629/grease-cartridges-market

The broad spectrum of applications of lubricating grease in varied industries continues to create sustained opportunities for manufacturers. As a result, grease cartridges have been witnessing steady demand, and driving the growth of grease cartridges market.

The changing preferences of end-users have also significantly influenced the grease cartridges market globally. They have shifted their focus towards convenience in contrast to the traditional grease applications. On the back of a combination of broader, macroeconomic factors and niche, industry-specific factors, the global grease cartridges market is anticipated to grow at a CAGR of over 5% during 2018-2026.

End-user preference for high-quality materials is influencing manufacturers to invest in developing advanced materials that have improved storage capability. A notable shift from the conventionally used tubs towards grease cartridges has been observed, on the back of the ease of dispensing grease. In addition, greases stored in favorable conditions are said to perform better in a humid and wet environment and curtail the downtime of the machines which is quite large in the conventional formats. This is yet another crucial growth determinant for the global grease cartridges market.

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According to the study, plastic grease cartridges are substituting the fiberboard cartridges at a considerable pace, owing to the benefits provided by the former packaging solution. Large-scale adoption of plastic board cartridges can be attributed to their relatively low price as compared to the high raw material prices of fiberboards. In addition, the plastic board cartridges have rigid structures which stand tough and resist the effect of climate on the grease. With plastic board cartridges, the grease is held securely and eliminates the chances of leakage. As a result, the study reports that the plastic board cartridges are preferable storage to ensure the safer shipping of the grease and is expected to hold a significant share in the grease cartridges market during the forecast period.

Manufacturers in the grease cartridges market are focusing on innovative strategies to consolidate their position in the market. The study profiles some of the leading players operating in the global grease cartridges market which include Adhesive Materials Group, Eurokartuschen eK, GR Produkter AB, Tubi System AB, Berlin Packaging, Fischbach USA, MBP Manufacture Bourguignponne de Plastique, Sonoco products company, Biederman Enterprises Ltd., Bev-Cap Pty Ltd., Andpak Inc., Long Thames Enterprise Co. Ltd., Plastic Tooling Manufacturing Pty. Ltd., and Schieferdecker GmbH & Co. KG, among others. 

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About Us

Fact.MR’s methodology is robust and comprehensive. We employ a range of tools and assets to develop an all-encompassing coverage of a range of industries. We compile data points at local, country, regional, and global level – our approach to capturing the finest nuances, without losing sight of the bigger picture helps us in developing accurate and reliable forecasts and estimates.

Fact.MR has a standard set of guidelines and standards that help maintain a level of consistency across all of our research offerings. The standardization includes step-by-step documentation of the methodologies and guidelines on the sources that are to be used for incorporation of objective and accurate data.

The standardization also involves use of industry-wide analytical tools, and rigorous quality checks to validate market forecasts and sizes. Our unwavering focus on standardization ensures that clients receive the same quality of research and analysis that Fact.MR is known for.

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Powder Dispensing Systems Market Size & Share – Industry Trend and Forecast 2019-2027

Powder dispensing systems are gradually gaining traction in pharmaceutical manufacturing with the development of automated systems enabling companies to boost throughput and reduce time to market. Additionally, evolving technology is aiding the development of efficient dispensing systems with enhanced accuracy and precision. Demand for these systems is estimated to surge as personalized medication and treatment gradually begin to go mainstream. This factor is estimated to be vital to powder dispensing systems market growth.

Report Summary: https://www.factmr.com/report/3273/powder-dispensing-systems-market

Increasing patent expirations and intensifying competition in the pharmaceuticals market is fuelling clinical trials for production of novel drugs and formulations. Systems with sophisticated precision and accuracy dispensing capabilities are estimated to find an increasing usage for the production of capsules and vials for clinical trials which is expected to contribute significantly to the powder dispensing systems market growth.

Growing collaborative efforts among different pharmaceutical and biotechnology giants for the development of sophisticated technology and infrastructure to substantially reduce the time for R&D of novel treatments is estimated to propel powder dispensing systems market growth. The main focus of these collaborations is to develop a powder dispensing system which could handle an assortment of powder types and enable dispensing of precise dosages.

Powder dispensing systems market growth is estimated to be upheld by its increasing demand in the field of additive manufacturing. Intensifying researches towards the use of powdered metal forms for additive manufacturing is a vital factor which is likely to fuel demand for powder dispensing systems in an array of industries.

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Burgeoning consumer demand for creative surroundings at home and offices is estimated to benefit powder dispensing systems with the equipment finding increasing usage in the coloring of concrete, brick, and mortar. Bolstering construction around the world coupled with the growing demand for the addition of a visual appeal to both corporate and residential spaces is expected to fuel powder dispensing systems market growth.

While powder dispensing systems are enabling automation in the pharmaceutical industry, harnessing their capabilities on a large scale is increasingly becoming a problem for pharmaceutical manufacturers. The challenges can be attributed to the lack of an efficient system for powder management which could potentially result in the contamination of the end products. Additionally, the challenge is further being compounded by the requirement to fill the powdered material into an assortment of different destinations such as vials, capsules etc. The complex management of different powdered substances with varying properties and characteristics also poses a daunting challenge to the powder dispensing systems market.

Imposition of stringent regulations on pharmaceutical production standards pose a daunting challenge for powder dispensing systems market with companies seeking accurate, precise and cost-effective systems to replace traditional powder dispensing equipment.  

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Electric Lawn Mower Market Size, Share, Emerging Trends, Analysis and Forecasts to 2028

Electric lawn mowers are making the transition from novelty to mainstream. Equipped with powerful batteries and higher-precision cutters, their appeal has grown manifold in the recent past. High cost continues to be a deterrent, however, there is a greater understanding among end-users that ownership costs are more or less equal over the course of ownership. Add to this the element of eco-friendliness, and you have a product that is ready to take on gas lawn mowers in the long run.

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For a long time, electric lawn mower sales remained inhibited, as limited battery life created challenges for end-users. The issues were especially taxing for bigger yards, however, the new range of products launched in the past couple of years have mitigated these issues to an extent. Sensing the paradigm shift in demand, it is highly likely that mower manufacturer focus will invest in lithium-ion technology in the near future.

Although the concerns related to higher price and actual power are genuine, there is a conscientious incentive that is fuelling uptake among end-users. According to the EPA, gas mowers account for nearly 5% of the total U.S. air pollution. The environmental pollution is not only on account of air pollutants – the EPA study also finds that over 17 million gallons of gasoline are spilled each year while refueling lawn equipment. The lawnmower emissions continued to be unregulated till 1995, however, today, there is a greater realization about the importance of cutting down these emissions. Electric lawn mowers have emerged as a pragmatic solution, and it is highly likely that concerns about reducing the impact on the environment will fuel uptake during the assessment period.

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In addition to concerns about the environment, another disadvantage about gas lawn mowers has worked to the advantage of electric lawn mowers. The fumes and smell of gasoline and engine oil can exacerbate existing respiratory conditions. Patients with asthma can also face difficulties in breathing, especially during ozone alert days. Although electric lawn mowers do not guarantee zero emissions, the risk of respiratory ailments due to them is significantly lower.

The electric lawn mower market is also influenced by broader trends in lawn equipment industry, where a substantial shift towards power tools has been observed. The industry is moving towards a phase of electrification, with a range of handheld products being replaced by power and electrical variants. The proliferation of electric and power variants is likely to positively influence demand during the assessment period.

A notable trend witnessed in the market is the steady shift from corded electric lawn mowers to cordless variants. Corded electric lawn mowers prevent free maneuver, and are inconvenient to use than cordless electric lawn mowers. Although corded electric lawn mowers still outsell cordless variants, the latter will grow at a higher rate during the assessment period.

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Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.

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