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In order to take advantage of the expanding market, manufacturing companies operating on the global market are concentrating on growing their network in Gulf nations. These actions by the major players will increase the level of competition in the GCC air filtration market and influence consumers to choose better products at lower prices.
The United Arab Emirates recently announced plans to increase the manufacturing sector's current contribution to the local economy by more than doubling it by raising industrial revenues to $81 billion over the next ten years. This is due to the ongoing growth of the industrial sector in the Gulf region, which has increased demand for related products.
The Made in Saudi programme was created by Saudi Arabia with the goal of assisting businesses in expanding locally and increasing exports to key markets. The rising industrialization and rising awareness towards the reducing air pollution & safety of work force operating in industrial sector is expected to drive the demand of Industrial Air filtration systems in coming years.

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Key Takeaways :

By Product Type, Odour Control Units is expected to grow at a CAGR of 5.1% during the forecast period.

By Product Type, the Baghouse Filters segment is anticipated to dominate the market of GCC Industrial Air Filtration and is further expected to account for about 24.7% of the market share.

By Country, the Saudi Arabia is projected to lead the demand of Industrial Air Filtration in GCC market and is further anticipated to create an absolute dollar opportunity worth US$ 168.4 Mn in between the forecast period.

In terms of country, industrial air filtration sales in UAE are estimated to exhibit a CAGR of 6.1%.

"Increasing industrial manufacturing and warehousing coupled with growing industrial infrastructural development, particularly will yield the market growth in the forecast period." says a Future Market Insights analyst.

GCC Industrial Air Filtration Market Competitive Landscape

The GCC Market is moderately fragmented with presence of large no. of local & global players, some of Key playes present in the market are Extraction Technology, Intensive Filter Himenviro, Wam Group, Tama Aernova, Absolent Air Care Group, Hanza Environment Technology Factory, CAMFIL GROUP, Donaldson Company, Inc, AGET Manufacturing, Filter Concept Pvt. Ltd and others

Summary:

The research report analyses the market demand trend for the GCC Industrial Air Filtration. The GCC market is based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights' research scope, the GCC Industrial Air Filtration Market report is studied and analyzed in the following segments such as by product type, application, & country. The GCC Industrial Air Filtration Market report gives us qualitative and quantitative information about the companies.

Key Segments:
GCC Industrial Air Filtration Market by Product Type:

Dust Collectors
Baghouse Filters
Odour Control Units
Paint & blasting booth Filters

GCC Industrial Air Filtration Market by Application:

Cement
Food
Metals
Power
Pharmaceuticals
Others

GCC Industrial Air Filtration Market by Country:

Saudi Arabia
UAE
Qatar
Kuwait
Oman
Bahrain

Over US$4,113.9 million is expected to be the global plate heat exchangers market value in 2023. The market for plate heat exchangers will grow at a 4.6% CAGR from 2023 to 2033. The total market size is anticipated to reach US$6,463.9 million by the end of 2033.
The global plate heat exchanger market is being driven by an increase in demand from sectors like chemical processing, the food and beverage industry, etc. Demand for plate heat exchangers will increase as HVAC and refrigeration use expands.
Plate heat exchangers have become much more popular recently, and this trend is probably going to continue. This is a result of their efficiency, affordability, and simplicity of use and upkeep.
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Plate heat exchangers use a series of thin plates to ensure the transfer of heat. They are used in a wide variety of applications. This includes heat recovery, refrigeration, and oil & gas production.
A growing number of commercial projects and companies demand effective plate heat exchangers to maintain continuous service in various applications. This will boost the global plate heat exchanger market.
Plate heat exchangers are widely used in chemical processes and pharmaceutical sectors. In pharmaceutical production, various processes require heat transfer. For this purpose, plate heat exchangers are being utilized. Hence, growth of these industries will eventually boost
Key Takeaways from Plate Heat Exchanger Market Study
• Global sales of plate heat exchangers are set to increase at 4.6% CAGR through 2033.
• By product type, welded plate heat exchanger segment will expand at a value CAGR of 5.0% through 2033.
• By application, process heating segment is estimated to have a dominant share of around 49.4% in 2023.
• Based on end user, chemical processing segment will create an incremental opportunity of nearly US$ 400.7 million through 2033.
• The USA plate heat exchanger market is likely to exhibit a CAGR of 4.2% from 2023 to 2033.
• Plate heat exchanger demand in China will surge at 4.5% CAGR over the next ten years.
"Rapid expansion of industries such as food & beverages, oil & gas, energy, etc. will continue to propel plate & heat exchanger demand. Niche sectors like chemical processing and pharmaceuticals, especially, are expected to provide extensive growth opportunities to manufacturers over the forecast period" says a Future Market Insights (FMI) analyst.
Who is Winning?
The plate heat exchanger industry is moderately consolidated with few global players acquiring around 40% to 45% of the market shares. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.
Few of the key players in this industry include Alfa Laval AB, The Danfoss Group, Xylem Inc., SPX Flow, GEA Group AG, Swep International AB, Hisaka Works Ltd., API Heat Transfer, Chart Industries Inc., Güntner GmbH & Co. KG, Tranter Inc, and among others.
For instance,
• In August 2021, API Heat Transfer announced the launch of a new brazed plate heat exchanger, the AXP Series, which is designed for high-efficiency applications in the HVAC and industrial markets.
Find More Valuable Insights
The research report analyzes the demand for plate heat exchangers. The global plate & heat exchanger market has been analyzed with the COVID-19 impact, various macroeconomic factors, market trends, and market background.
As per Future Market Insights (FMI), the market has been analyzed based on product type, application, end user, and region. The report provides qualitative and quantitative information on various players in this market. It also tracks the market by both supply-side and demand factors.
Global Plate Heat Exchanger Market Segmentation
By Product Type:
• Gasketed Plate
• Brazed Plate
• Welded Plate
o Fully Welded Plate
o Semi Welded Plate
By Application:
• Process Heating
• Batch Heating
• Heat Recovery Interchangers
By End User:
• Food & Beverages
• Chemical Processing
• Oil & Gas
• Pharmaceuticals
• Energy & Power
• HVAC & Refrigeration
• Marine
• Others
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia Pacific
• Middle East and Africa

The North American Pressure Regulating Valves Market is anticipated to reach US$ 782.9 Million in 2022, expanding at a CAGR of 5.1% from 2022 to 2032, according to Future Market Insights analysis.
Some of the main factors that have seen growth over the study's historical years include the expanding needs for residential construction and the region's expanding population.

The consumer's perspective on the devices is evolving due to an increasing awareness of the maintenance of piping systems and water conservation activities. The PRV should not only be able to regulate the flow but also incur lower maintenance costs on behalf of the consumers. Looking at such trends the vendors are emphasizing laying investments in research and development initiatives and, hence, coming up with technologies and advanced products that can scale up to the consumer's expectations.

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Simultaneously, innovating products is the need of the time and, likewise, to maintain & increase market share, vendors have to keep searching for ways of updating the existing technology, which will make the market more stable in terms of growth.

Key Takeaways of Pressure Regulating Valves Market Study
•The value of the direct operating Pressure Regulating Valves is projected to increase at a value CAGR of 5.0% to reach around US$ 772.5 Million by the end of 2032.

•In terms of End Use, Apartments and condominiums are anticipated to create an absolute dollar opportunity worth US$ 295.4 Million.

•In the North America Pressure Regulating Valves market, Up to 2'' inlet pressure type is projected account for more than 50% share by the end of forecast period owing to its high range of valuations.

•By Country, U.S. is anticipated to account for more than 80% of market share by the end of 2032 and is expected to remain dominant throughout the forecast period.

Competitive Landscape:
The market is concentrated, with top players accounting for market share ranging from 55% to 65% of market revenue in 2021. Prominent players in the market aim to be recognized as a leader in operational excellence to offer innovative products to end users with applied product standards in order to gain a prominent share in the market.

The Danfoss A/S, Watts Water Technologies, Inc., Resideo Technologies Inc. are a few of the market's major participants.
More Insights into the Pressure Regulating Valves Market Report
In its latest report, Future Market Insights offers an unbiased analysis of the North America Pressure Regulating Valves market, providing historical data from 2017 to 2021 and forecast statistics for the period 2022-to 2032. To understand the global market potential, growth, and scope, the market is segmented based on by valve type, by inlet pressure, by diameter, by end use and by country.

Key Segments Covered in Pressure Regulating Valves Industry Analysis

Pressure Regulating Valves Market by Valve Type:
•Direct Acting
•Pilot Operated

Pressure Regulating Valves Market by Inlet Pressure:
•Up to 10 bar
•10 to 15 bar
•15 to 20 bar
•Above 20 bar

Pressure Regulating Valves Market by Diameter:
•3/8"
•1/2"
•3/4"
•1"
•1 ¼"
•Up to 2"

Pressure Regulating Valves Market by End Use:
•Apartments & Condominiums
•Townhouses
•Villas

Pressure Regulating Valves Market by Country:
•U.S.
•North East U.S.
•South U.S.
•Midwest U.S.
•West U.S.
•Canada

According to FMI, the Latin America's hydraulic filtration market is expected to increase from US$ 156.4 million in 2022 to US$ 251.9 million in 2032, with a CAGR of 4.9% for all sales over the forecast period.
The expanding use of hydraulic systems across a variety of end use industries is driving the growth of the hydraulic filtration market in Latin America. Similar to this, the market demand for hydraulic filters is being driven by the growing need to improve the overall effectiveness and life cycle of hydraulic systems.

Due to the rapid growth of sectors like the automotive, food and beverage, and energy industries in Latin American nations, hydraulic systems are being adopted more and more. In order to increase the security of hydraulic systems' internal parts as well as their industries use hydraulic filters for their life cycles. Throughout the forecast period, this will continue to serve as a catalyst for the growth of the Latin American hydraulic filtration market.

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The installation of hydraulic filters is quick and easy in various sectors like construction and mining equipment. The equipment has a high degree of adaptability, which is driving up demand for hydraulic filters.
The growth of the product in the market is, however, constrained by the lack of skilled labour required for hydraulic filters to operate effectively. On the other hand, technological advancements in hydraulic filter products, such as the implementation of remote operation and the use of the Internet of Things (IoT) and Artificial Intelligence (AI) by installing sensor monitoring of these filters, increase the equipment's efficiency, which is expected to create high growth opportunities for hydraulic filters in upcoming period.

Key Takeaways:
The Latin America Hydraulic Filtration market is expected to grow at 4.9% CAGR during the upcoming period due to rapid expansion of industrial sector in the region.
•By product type, suction filter segment is projected to hold 1/3rd share of the market in terms of volume in 2022.

•Based on technology type, with sensor segment is projected to grow at a CAGR of 4.7% during the forecast period.

•By sales channel, the aftermarket segment is anticipated to create an absolute $ opportunity worth US$ 73.7 Mn during the forecast period.

•Brazil is expected to hold around 1/3rd value share of the Latin

America hydraulic filtration market by the end of 2032.
Who is Winning?
Among the industry's key players are Parker Hannifin Corporation, Donaldson Company Inc, Pall Corporation, Eaton Corporation, Filtration Group Industrial, MANN+HUMMEL Group, Moog, Yamashin Filter Corp, MP Filtri S.P.A., HYDAC, Bosch Rexroth Corporation, Norman and others.
Key manufacturers are focusing on increasing their regional market and are involved in marking their direct presence in the local markets by expanding their dealer network. Players are also collaborating with local distributors to supply their products globally.

Get More Valuable Insights:
The research report analyses the market demand trend for Hydraulic Filtration. The Latin America market is based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights' research scope, the Hydraulic Filtration market report is studied and analysed in the following segments such as Product Type, Technology Type, Sales Channel, End-Use, and Region. The Hydraulic Filtration Market report gives us qualitative and quantitative information about the companies.

Key Segments Covered in Latin America Hydraulic Filtration Market Analysis
By Product Type:
•Suction Filter
•Pressure Filter
•Return Line Filter
•Off-Line Filter
•Breather Filter
•Others

By Technology Type:
•With Sensor
•Without Sensor

By Sales Channel:
•OEM
•Aftermarket

By End Use:
•Industry
•Food & Beverage
•Industrial Machine
•Marine
•Oil & Gas
•Paper & Pulp
•Pharmaceutical & Medical
•Plastic & Polymer
•Energy & Power
•Others
•Mobile Equipment
•Construction
•Agriculture
•Mining
•Forestry
•Material Handling/Lifting

The Southeast Asian submersible pump market is projected to generate US$ 1,076.8 million in 2032. It is anticipated to expand steadily at a CAGR of 5.5% between 2022 and 2032. Bore well submersible pumps in the area are anticipated to command more than 56.9% of the market share in 2022 as a result of their expanding end-use applications.

The need for new water sources that can supply Southeast Asia’s industrial and domestic water needs is being driven by the recent emergence of water stress as a significant issue in both developed and developing economies. The market for submersible pumps in South Asia is being driven by the rising popularity of using wastewater treatment to relieve water shortages.

In addition to that, the market is anticipated to be driven by the rapidly growing oil & gas, utility, construction, and mining sectors in Southeast Asia. Submersible pumps make up around 5-7% of the global market due to their increasing application in various end-use industries like agriculture, residential, commercial, and water utility construction.

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To increase sales, many submersible pump manufacturers are concentrating on launching innovative products that are both affordable and efficient. They are mainly focusing on meeting the growing demand for their products from new public and private projects. A few local companies are investing in the establishment of advanced manufacturing facilities.


Key Takeaways of Southeast Asia Submersible Pump Market Study
•Based on head type, the above 100m segment is expected to reach a valuation of about US$ 808.4 Mn by 2032 and exhibit a CAGR of 5.4% during 2022 to 2032.

•In terms of product type, the borewell segment is anticipated to account for more than56% of the Southeast Asia submersible pumps market share by 2032.

•In Southeast Asia, Indonesia is projected to hold a significant market share of about 28% in the evaluation period.

•From 2017 to 2021, the Southeast Asia submersible pumps market exhibited growth at a CAGR of 5.2%.

•Sales of submersible pumps are projected to soar between 2022 and 2032 at a CAGR of about 5.5% in Southeast Asia.

Competitive Landscape: Southeast Asia Submersible Pump Market
The Southeast Asia submersible pumps market is highly fragmented and significantly influenced by leading producers. Owing to rapid technological improvements, industry leaders are seeking to enhance their market share by investing in the creation of new product lines and updating their current product lines.

Some of the renowned firms are growing by boosting their supply chain, extending their production facilities, and unveiling cost-effective products to strengthen their market positions. Key players in the market include Xylem Inc., KSB SE & Co. KGaA, Grundfos, Ebara Corporation, and WILO SE among others.
Find More Valuable Insights into Southeast Asia Submersible Pump Market

The research report analyzes the market demand trends for submersible pumps. The Southeast Asia market estimation and growth projection are based on factors like end-use industries development, COVID-19 crisis impact, replacement ratio, and adoption rate of submersible pumps. As per Future Market Insights research scope, the submersible pump market has been studied and segmented on the basis of product type, head type and application. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both, the supply side and demand side.

Key Segments :

By Head Type:
•Below 50 m
•50 - 100m
•Above 100m

By Product Type:
•Borewell
•Non-Clog
•Open Well

By Application:
•Agriculture
•Infrastructure & Mining
•Residential
•Industrial Water Supply
•Oil & Gas
•Fire Fighting
•Non-Industrial Water Supply
•Others

By Country:
•Indonesia
•Malaysia
•Thailand
•Vietnam
•Philippines
•Singapore

According to Future Market Insights (FMI), the United State hand holes market for is expected to grow at a CAGR of 4.2% between 2022 and 2032. In the upcoming years, the market will be helped by an increase in underground wire networking and a rise in demand for wire splicing. One of the main factors propelling the market's expansion is the rising demand for underground vaults to access fibre optic cable and other utilities for splicing and repairs.

On the other hand, expansion of construction industry is predominantly driven by the development of large-scale infrastructural projects in the U.S, government initiatives taken for the development of transportation facilities, and the strengthening of their energy (power generation) infrastructure, in turn, surging the demand for the Hand Holes market in the country.

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Key players in the market are expanding their distribution channels in Texas, Arizona, and California owing to higher adoption of hand holes from the telecom industry. The rise in the demand for underground optical fiber in key populated states of Unites States is creating significant growth opportunities for the market.

“Growing demand for hand holes in the telecommunication industry owing to their lower cost is expected to bolster the demand in the U.S. Further, favorable U.S. government policies to better the public infrastructure in the 50 states is likely to pave the way for remunerative prospects for hand holes’ manufacturers," says an FMI analyst.

Key Takeaways:
•The U.S. hand holes market is expected to reach US$ 564.9 Million by the end of 2032, growing at a CAGR of 4.2% over the forecast period.

•Growing demand for hand holes for easy access to cables & fibers during the course of maintenance & installation is favoring the growth of the market.

•In terms of material, the precast concrete polymers segment is expected to be dominate the market over the upcoming decade.

•End users are focusing on high-quality raw materials in order to increase product yield and thus profit margins on overall end-use products.

•Based on application, the fiber optic cables segment is expected to witness fastest growth over the forecast period.

Competitive Landscape
Oldcastle Infrastructure™, Jensen Precast, A.C. Miller Concrete Products, Inc., EJ Group, Inc., Garden State Precast, Concast, Inc., Utility Concrete Products, LLC, Paul Mueller Company, Precast Specialities Corp., Commercial Metal Forming, Walker Industries, Ltd. Clark Kennedy Co. Inc., S&M Precast, Hubbell Power Systems, Inc., Advance Concrete Products Co., Cromwell Concrete Products Inc., NovaLight Telecom Supply, Wieser Concrete Products, Inc., Crest Precast Concrete, Grand Valley Concrete Products, Power Precast Products, Corp. and various others are some of the key manufacturers of Hand Holes profiled in the full version of the report.

Hand Hole Market Segmentation
By Material Types:
•Precast Concrete
•Polymer Concrete
•Fiberglass
•HDPE
•Advance Composite

By Hand Hole Size:
•Square
oUp to 20 x 15
o20 x 15 to 20 x 30
o20 x 30 to 30 x 48
o30 x 48 & Above
•Rectangular
oUp to 6.75 x 11 x 9
o6.75 x 11 x 9 to 24 x 28 x 28
o24 x 28 x 28 to 30 x 40 x 40
o36 x 40 x 40 & above
•Circular
oUp to 6 x 10
o6 x 10 to 9 x 12
o9 x 12 to 10 x 42
oabove 10 x 42

By Application:
•Fiber Optic Cables
•Wire Splicing & Repair
•Others

By Region:
•North America
•Latin America
•Europe
•East Asia
•South Asia & Pacific
•Middle East & Africa

The Latin America Mining Equipment Market is anticipated to grow at a CAGR of 3.7% and reach US$ 4,839.6 million in value by 2032. One of the key areas for mining investment, mining exploration, and growing mining activity is Latin America.
The market for mining machinery like excavators, loaders, and dozers is anticipated to grow during the anticipated period as a result of expected increases in consumption and demand for minerals and other natural resources. The use of mining equipment, which is expanding quickly as a result of improvements in equipment safety and technological advancements, is what is driving market expansion in Latin America.
Along with a rising focus on technological developments in mining equipment, major manufacturers from numerous nations are actively extending their direct presence in the local markets through mergers and acquisitions with regional businesses. In order to develop mining locations, a number of well-known corporations are focusing on public and private investments.
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Technological developments in mining equipment products, including the use of remote operation and the Internet of Things (IoT) and Artificial Intelligence (AI) by installing sensor monitoring, increase the equipment's efficiency, which is expected to create high growth opportunities for mining equipment in the near future.
Key Takeaways from Market Study
• Latin America Mining Equipment market is expected to grow at 3.7% CAGR during the upcoming period due to increasing mineral consumption in the region.
• By equipment type, mining trucks is projected to hold the highest share of around 34.3% in terms of volume in 2022.
• By mining type, surface mining is expected to witness prominent growth and is projected to grow at CAGR of 3.5% during forecast period.
• By sales channel, the new mining equipment is projected to create an absolute dollar opportunity worth US$ 877.9 Million during the forecast period.
• By 2032, Brazil is expected to have the largest share in the Latin America market, accounting for around 1/3rd value share.
Market Landscape:
Among the industry's key players are Caterpillar Inc., Caterpillar Inc., Komatsu Ltd, Hyundai Construction Equipment Co., Ltd., Volvo Construction Equipment, Sandvik, Doosan Infracore, Liebherr Group, Sany Heavy Industry Co. Ltd., Terex Corporation, JC Bamford Excavators Ltd., Boart Longyear Ltd, Kobelco Construction Machinery, Hitachi Construction Machinery, Schmidt, Kranz & Co. GmbH and others. Key manufacturers are focusing on increasing their regional market and are involved in marking their direct presence in the local markets by expanding their dealer network. Players are collaborating with local rental companies to supply their products in the region.
Summary:
The research report analyses the market demand trend for Mining Equipment. The Latin America market is based on COVID-19 impact, macroeconomic factors, market trends & market background. As per Future Market Insights' research scope, the Mining Equipment market report is studied and analyzed in the following segments such as Equipment Type, Mining Type, Sales Channel, End-User, and Region. The Mining Equipment Market report gives us qualitative and quantitative information about the companies.
Key Segments :
Equipment Type:
• Mining Loaders
• Mining Trucks
• Mining Dozers
• Mining Excavators and Shovels
• Mining Drills
• Mining Bolters
• Shearers
• Continuous Miners
• Other Equipment
Mining Type:
• Surface Mining
• Underground Mining
End User:
• Rental Service Operations
• Mining Operations
Sales Channel:
• New
• Used

The global gas detection equipment market is anticipated to grow from US$ 4,321.3 Million in 2022 tohttps://www.futuremarketinsights.com/reports/gas-detection-equipment-market US$ 7,288.1 Million by 2032, with overall sales exhibiting a CAGR of 5.4% CAGR from 2022 to 2032.
One of the main factors influencing the demand for gas detection equipment is the rapid growth of global industries like mining and oil & gas, as well as a growing emphasis on improving worker safety.
Similar to this, new, cutting-edge technologies that can improve employee safety, reduce risk, and provide useful information at the workplace are predicted to increase demand for gas detection equipment globally. The market will grow more quickly over time as a result of expanding facilities in the oil and gas industry and increased global mining activity.
Furthermore, the introduction of workplace safety standards supported by the need for preventing gas leaking to protect both people and the environment will generate high demand for gas detection equipment during the forthcoming decade.
As a value-added proposition, relevant manufacturers in the market provide their clients with a variety of after-sales service packages and field support services. They are also focusing on the production & development of advanced & end-user-specific custom products to achieve maximum sales. The market’s income will be supported and fueled by a variety of activities, such as repair help, maintenance services, replacement services, technical services, and equipment downtime monitoring.
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Key Takeaways from Gas Detection Equipment Market Study
• Based on product type, the fixed gas detector segment currently holds around 52.1% of the volume share of the global market.
• By end-use industry, the oil & gas industry is set to hold around 30.6% of the market share on a value basis by the end of the forecast period.
• In terms of sensor technology, the electrochemical sensor technology segment is expected to grow at a CAGR of 5% during the forecast period.
• South Asia & Pacific gas detection equipment market is expected to grow at a CAGR of 7.5% over the assessment period.
• North America holds around 25.4% share of the global gas detection equipment market.
• Germany held approximately 18.6% share of the Europe gas detection equipment market in 2021
“Demand for gas detection equipment is deemed to surge at a steady pace in the upcoming period amid increasing investments in the oil & gas sector as well as industrial development, especially in developing countries,” says a Future Market Insights analyst.
Who is Winning?
The gas detection equipment market is moderately consolidated, with around 25–30% market share held by top players across the globe. To achieve more sales, top companies are creating contracts with end users and developing custom products according to the needs of the customer. Along with that, manufacturers have focused on enhancing their sales network to achieve a strong global presence.
Some of the key players in this industry include but are not limited to MSA Safety Incorporated; RKI Instruments, Inc.; Drägerwerk AG & Co. KGaA; Honeywell International Inc.; Halma plc; Danfoss A/S; Emerson Electric Co.; Teledyne Technologies Inc.; Testo SE & Co KGaA; Inficon Holding AG; Sensidyne, LP; ESP Safety Inc.; Opgal; Fortive Corporation and Sensor Electronics.
Find More Valuable Insights
The research report examines the demand for Gas Detection Equipment. The impact of COVID-19, various macroeconomic factors, market trends, and market background have all been considered in the global Gas Detection Equipment market. As per Future Market Insights, the market has been analyzed based on product type, type of gas detection technology, type of gas, end-use industry, sensor technology and region. The report provides qualitative and quantitative information on various players in this market. This report also tracks the market by both supply-side and demand factors.
Key Segments Covered in Gas Detection Equipment Industry Analysis
By Product Type:
• Fixed Gas Detector
• Portable Gas Detector
By Type of Gas Detection Technology:
• Single Gas
• Multi-Gas
By Type of Gas:
• Combustible
• Toxic
• Oxygen
• Dedicated
By End-Use Industry:
• Oil and Gas
• Mining
• Industrial
• Building Automation
• Others
By Sensor Technology:
• Electrochemical
• Infrared
• Metal Oxide
• Catalytic
• Zirconia
• Others

By 2032, the size of the global bitumen sprayer market is projected to increase from US$ 878.7 million in 2022 to US$ 1,306.4 million. From 2022 to 2032, bitumen sprayer sales are expected to increase globally at a rate of over 4.0% CAGR.
Growing adoption of modern road construction equipment with lower emissions and increasing investments in the development and expansion of road infrastructure globally are two key factors propelling the global bitumen sprayer market.
The construction industry’s preference for bitumen sprayers is because they don’t require skilled employees to operate. As the pace of civil construction (road) increases globally, the need for bitumen sprayers is anticipated to rise. A recent change in the construction industry in rural areas toward the use of new and sophisticated techniques has increased the demand for technologically advanced machinery like bitumen sprayers.
Technological advancement is needed in every sector, and this is true for the construction equipment sector as well. Bitumen sprayer equipment has been innovated to provide benefits such as improved work quality through accurate spraying, increased profitability, and lower maintenance costs to avoid work delays.
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It is expected that by 2050, 25 million kilometers of new roads, more than 600 times the circumference of the planet, will be built worldwide. According to the International Energy Agency (IEA), more than 90% of these new roads will be in developing countries. India, Africa, and ASEAN countries are anticipated to witness a significant amount of road expansion duirng the upcoming years. As the number of roads increases, so will the demand for road construction tools such as bitumen sprayers.
Key Takeaways from Bitumen Sprayer Market Study
• Based on product type, truck mounted sprayer (with truck) segment is projected to hold over 46.1% of the volume share of the global market in 2022.
• By capacity, the 6 to 8 tons segment is expected to grow at a CAGR of 5.8% during the forecast period.
• The East Asia bitumen sprayer market is anticipated to grow at a CAGR of 4.7% between 2022 and 2032.
• Mini sprayer remains the most sought-after product type in South Asia & Pacific market.
• The U.S. bitumen sprayer market is likely to grow at a CAGR of 3% throughout the forecast period.
“Increasing investments in new road construction and road maintenance, particularly in developing countries, is anticipated to create lucrative opportunities for the bitumen sprayer market during the forecast period,” says a Future Market Insights analyst.
Who is Winning?
The Bitumen Sprayer market is moderately fragmented, with around 20% market share held by top players across the globe. To achieve more sales, top companies are creating contracts with end users and developing custom products according to the needs of the customer. Along with that, manufacturers have focused on enhancing their sales network to achieve a strong global presence.
Some of the key players in this industry include XCMG, Volvo, METONG, HYDROG Zakład Budowy Maszyn Eksport Import, Secmair (Fayat Group), LiaoYuan Road Construction Machinery Co., Ltd., schaefer-technic, ACMAR and others.
Market by Category:
By Capacity:
• Below 4 Tons
• 4 to 6 Tons
• 6 to 8 Tons
• 8 to 10 Tons
• Above 10 Tons
By Product Type:
• Truck Mounted Sprayer (with truck)
• Truck Mounted Sprayer (without truck)
• Mini Sprayer
By Region:
• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• Middle East & Africa

The power quality equipment market is anticipated to reach US$ 38.04 billion in 2023 and US$ 69.65 billion in 2033. During the forecast period, sales of power-quality equipment are projected to grow at a CAGR of 6.25%.

One of the main factors propelling the growth of the manufacturing sector is an increase in demand for continuous power supply to equipment used in process and manufacturing industries. Because manufacturing time is lost when there is a problem or interruption, there could be significant losses.

The broad acceptance of power quality equipment in the industrial and manufacturing sectors as a result of the continued expansion of transmission, distribution, and renewable integration are important factors driving the global market for power quality equipment toward expansion.

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Depending on the type of issue, the rating, and the electromechanical performance characteristics of the industrial equipment, the costs of power quality problems and remedies may vary dramatically. To cut downtime costs, remove inefficiencies, and protect expensive equipment from faults caused by power disruptions, it is crucial to use power-quality equipment.

Poor power quality is projected to have a major negative impact on industrial and manufacturing processes during the forecast period. Different industrial processes need varying degrees of power quality, and each has particular requirements for particular power quality elements. For industrial end users, cost-sensitive components of power quality include equipment failure, equipment downtime, product quality, and clean-up expenses.

Due to load balancing’s ability to stop electrical equipment from tripping, the market for technology that improves power quality has enticing growth potential. In addition, the food and beverage industry has grown considerably in recent years.

Key Takeaway
•Due to the increasing digitalization of the broadcast communications industry, the United States is anticipated to dominate the global market for power quality equipment.

•One of the main end-users of power quality equipment in Europe is the fast-growing industrial and manufacturing sector, followed by the telecom industry and the commercial sector.

•The industrial and manufacturing segment is predicted to have the largest market size between 2023 and 2033.

•With a CAGR of 4.5% from 2023 to 2033, the telecoms sector is predicted to grow at the highest rate in the global market for power quality equipment.

•From 2023 to 2033, Asia Pacific is expected to invest US$ 9.8 Bn in building smart framework foundations.

•From 2023 to 2033, the market for power quality equipment in China is anticipated to expand at a CAGR of 8.5%.

•From 2023 to 2033, it is predicted that Asia Pacific will invest US$ 10.7 Billion in the construction of smart grid systems.
•In 2021, the three-phase segment held the highest revenue share 74%.

What are the Major Players in the Market for Power Quality Equipment Doing?
The industrial sector including mining, manufacturing, agriculture, and construction, has the highest energy consumption per end-use sector. The requirement for a constant and dependable power supply in various industries, particularly industrial facilities, is expected to expand, which would lead to an increase in the need for power quality equipment.
The food and beverage business has been completely saturated in recent years. Due to the growing urban population, rising health concerns, and general government activities, interest in packaged food varieties and handled dairy products has surged.

Recent Developments in the Power Quality Equipment Industry:
•In May 2021, ESB awarded Siemens Energy three contracts to provide its Static Compensator technology (SVC Plus) for the management of grid stability at three substations in South-West Ireland.
•In March 2020, the Schaffner company unveiled its Ecosine Max series of passive harmonic filters. These harmonic filters provide compliance with IEEE-519 and other international power quality standards.
•To diversify its line of edge computing and distributed IT products, Eaton acquired Tripp Lite in January 2021. Tripp Lite is a provider of connectivity and power quality solutions.

Key Market Segmentation
By Type:
•Surge Arrester
•Surge protection devices
•Harmonic filters
•Power conditioning units
•Power distribution units
•Voltage regulators
•Uninterruptable power supplies
•Synchronous condensers
•Digital static transfer switches,
•Static VAR compensators
•Solid oxide fuel cells
•Isolation transformers
•Power quality meters

By Application:
•Industrial & Manufacturing
•Commercial
•Residential
•Transportation
•Utilities

By Phase:
•Single Phase
•Three Phase

By End User:
•Telecommunications
•Automotive & Industrial
•Electrical & Electronics
•Energy & Utilities
•Others