Brewery Equipment Market Worth $25.88 Billion By 2027

The global brewery equipment market size is expected to reach USD 25.88 billion by 2027, expanding at a CAGR of 5.6% from 2020 to 2027, according to a new report by Grand View Research, Inc. Growing consumption of different types of craft beer across the globe is anticipated to drive the demand for brewery equipment.

Increasing usage of craft breweries, including brewpubs and microbreweries, globally is projected to drive the market over the forecast period. Furthermore, constant product innovations are resulting in an increased focus of the prominent market players towards business expansion by installing new breweries, thereby augmenting the product demand.

Macro breweries require a high number of tanks as well as high capacity equipment to ensure consistency in beer production on a large scale, thereby resulting in higher equipment demand. Furthermore, rising demand for craft beer due to the growing preference among individuals for natural, tasty, and local products is likely to complement the market growth.

Various brewers are adopting considerable changes in the operations as well as brewing processes to differentiate their products based on factors, such as taste and packaging. The increased level of competitiveness in the industry is likely to result in the increased focus of market players towards the development of superior products over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/brewery-equipment-market

Further key findings from the report suggest:

Europe accounted for 48.2% share of the global revenue in 2019 on account of increased beer consumption, coupled with a surge in beer processing, thereby leading to propelled demand for brewery equipment
By mode of operation, the automated brewery equipment is estimated to expand at a significant CAGR from 2020 to 2027 owing to the increased focus of various economies, including Brazil and Argentina, on optimization and automation in the beer-making process
The U.S. dominated the North American market by accounting for 71.4% share of the overall revenue in 2019 owing to the exponential demand for beer, resulting in brewery expansion by major brewers, thereby driving the demand for brewery equipment
In the craft brewery equipment type, compressors accounted for 21.1% share of the overall revenue in 2019 on account of the multi-functional attributes of compressors, leading to its usage at various stages of brewing
The key players in the industry are engaged in expanding facilities and product portfolios to ensure their market dominance.

Wood Chipper Machines Market Size Worth $472.0 Million By 2027

The global wood chipper machines market size is expected to reach USD 472.0 million by 2027, expanding at a CAGR of 2.3% from 2020 to 2027, according to a new report by Grand View Research, Inc. Rising use of wood chipping machines for reducing tree trunks and branches into woodchips is likely to drive the demand for wood chipping machines.

Increasing demand for woodchips that are used as a biomass solid fuel is likely to propel the demand for various types of chippers, including drum, disc, and screw wood chippers, across the globe. Furthermore, the growing utilization of woodchips as raw material for producing wood pulp is expected to augment the market growth over the forecast period.

Advancement in the global forestry industry is expected to propel the demand for a wide array of wood chippers over the forecast period. The extensive demand for wood chipping machines across multiple industries, including paper and pulp, forestry, and furniture, for chipping wood that is used as a raw material is anticipated to drive the market.

The market growth is expected to bolster in the years to come owing to the extensive usage of the product in removing the unnecessary shrubs and branches that are likely to reluctantly result in the landfill. Additionally, the availability of a wide range of wood chippers in different sizes and designs is making the product suitable for various end-use industries, thereby fueling market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/wood-chipper-machines-market

Further key findings from the report suggest:

By product type, the drum wood chipper machines segment is estimated to register a significant growth rate over the forecast period owing to the factors such as superior quality chips, extended wear, and easy maintenance offered by the product
The paper and pulp end-use industry accounted for almost 40.0% share of the overall revenue in 2019 due to rising demand for disc wood chippers that offer uniform-sized wood chips that are used as a raw material in the paper and pulp industry
Europe accounted for 30.7% share of the overall revenue in 2019 on account of augmenting demand for disc and drum chippers used on the ends of wood logs for chipping in the forestry sector
The U.S. dominated the North American market by accounting for 73.2% share of the overall revenue in 2019 owing to the exponential demand for mobile disc wood chippers that are majorly used for producing pulp chips
The market is extremely fragmented due to the presence of a wide array of domestic as well as global manufacturers.

Military Actuators Market Size Worth $1.7 Billion By 2027

The global military actuators market size is expected to reach USD 1.7 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% from 2020 to 2027. The development of advanced weapons, increasing demand for electric and electromagnetic actuators from the aerospace and defense industry, and the rise in homeland security concerns are some of the major factors driving the market.

Military actuators play a crucial role in the military and defense sector. They are used in motion control to monitor velocity and speed. The use of actuators in the military and defense industries helps to reduce energy consumption. The actuators are installed to enhance the fighting capabilities, which is expected to favor the market growth over the period of time.

Increasing demand for commercial and military aircraft propels the demand for military actuators. The rise in demand for protection applications in marine and aircraft is contributing to market growth. In addition, technological advancement and innovation in ballistic protection are favoring market growth.

The market can be segmented based on components, system, type, and application. The components include cylinders, servo valves, drives, manifolds, and others. Servo valves hold a significant share in the market owing to their use in various applications. Cylinders are projected to witness significant growth over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/military-actuators-market

Further key findings from the report suggest:

The cylinders’ component segment is projected to expand at a significant CAGR of 5.5% from 2020 to 2027. Servo valves are used in various military applications, and thus are projected to gain a significant share in the market in the years to come
The hydraulic actuators system segment held the largest share of 24.5% in 2019. However, electrical actuators are projected to replace the hydraulic actuators over the forecast period
The linear actuators type segment is expected to expand at a CAGR of 5.6% from 2020 to 2027 on account of its high demand in the armored vehicles in land forces
North America dominated the market with a share of 33.7% in 2019 on account of rising investments in military and defense, rapid technological development, and increasing homeland security concerns
The major manufacturers emphasize on innovation through extensive R&D for the production of advanced actuators for use in armored vehicles and military equipment.

Kaolin Market Size Worth $6.28 Billion By 2027

The global kaolin market size is expected to reach USD 6.28 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.5% from 2020 to 2027. The increasing popularity of high-grade kaolin within the cosmetics industry is anticipated to propel the growth of the market space over the forecast period.

The use of kaolin in the cosmetics industry has witnessed steady growth over the last few years. As per cosmetics industry experts, the absorbent properties exhibited by kaolin proved to be a key factor in the wide adoption of the product within this application segment. In addition, increasing consumer awareness pertaining to the use of natural ingredients, especially in cosmetic creams and lotions, propelled the adoption of kaolin in the global cosmetics market space.

The emergence of COVID-19 in the first quarter of FY 2020 has directly impacted the construction activities. The slowdown in the construction sector is projected to indirectly influence the dynamics of the global market space. The imposition of lockdown by many countries around the globe have stalled construction activities and caused a severe economic impact. The kaolin expansion projects initiated by market vendors at the start of 2019 have been stalled due to the scarcity caused by the emergence of COVID-19.

Despite the current downturn in economic conditions, the futuristic opportunities for marketspace look lucrative with larger demand coming from ceramics application. An increase in ceramics production is anticipated to positively influence the apparent consumption of the product over the forecast period. Wider adoption of ceramics, especially in décor and interior design, is likely to boost its prospects over the predicted timeline.

Most of the players in the market are focused on devising strategies to limit economic exposure caused due to the breakout of the pandemic and the subsequent slowdown in the demand for the product from key application segments. The market participants are inclined towards maintaining positive liquidity in order to sustain themselves during these unprecedented times.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/kaolin-market

Further key findings from the report suggest:

The paper application segment led the market and held over 37.0% share of the global revenue in 2019 owing to increasing demand for paper boards from the packaging industry
The ceramics application segment is projected to expand at a CAGR of 4.9% in terms of revenue over the forecast period owing to increasing production of ceramic tiles to meet the growing demand from the construction industry, especially in the U.S., China, and India
The cosmetics application segment accounted for a volume share of 1.1% in 2019 and is expected to emerge as one of the fast-growing segments in terms of volume over the forecast period. The growth is attributed to increasing consumer disposable income, along with the rising demand for skincare products
Asia Pacific is anticipated to expand at the fastest CAGR in terms of volume as well as revenue over the forecast period, owing to the wide adoption of kaolin within the regional supply chain of the ceramics manufacturing marketspace
Europe is expected to register a CAGR of 2.3% in terms of volume over the forecast period. The economic disaster triggered by the breakout of the pandemic is likely to restrain the market growth in the region.

Electrical Vehicle Insulation Market Size Worth $5.4 Billion By 2027

The global electric vehicle insulation market size is expected to reach USD 5.4 billion by 2027 registering a CAGR of 19.5%, according to a new report by Grand View Research Inc. Growing regulatory support for the adoption of EVs and the implementation of strict vehicular emission norms are expected to drive the market growth.

The rise in demand for environmentally sustainable and green vehicles is expected to have a positive impact on product demand. Product applications to control and maintain the battery pack coupled with reducing the vehicular noise and vibrations of the EVs are expected to drive the market growth over the forecast period.

Growing regulatory support in the form of rebates and subsidies for encouraging the use of EVs in the European Union is expected to have a positive impact on market growth. Furthermore, the growing emphasis on reducing the vehicular pollution in China is projected to augment the product demand over the forecast period.

The market is largely dominated by major corporations with high integration throughout the value chain. The market is highly price-sensitive and price wars among companies are common. The market is moving towards consolidation, with large firms taking over the overseas factories to expand in regions with high growth potential.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/electric-vehicle-insulation-market

Further key findings from the study suggest:

In China, the demand is expected to grow at an of CAGR 17.4% over the forecast period on account of rising adoption of EVs in the country
In 2019, the revenue for Under the Hood & Battery Pack application segment in the North America region stood at USD 96.3 million owing to wide-ranging product utilization for insulating a variety of vehicle components, such as battery packs and electric motor
In Europe, the market is anticipated to reach USD 782.9 million by 2027 due to the rising adoption of EVs as a result of strong regulatory support
In the Asia Pacific, the foamed plastics material segment is expected to register a CAGR of 21.7% over the forecast owing to superior impact resistance and dielectric properties
Manufacturers are focusing on product portfolio expansion and R&D for the development of newer hybrid and lightweight materials with improved durability and insulation properties

Conveying Equipment Market Worth $76.8 Billion By 2027

The global conveying equipment market size is expected to reach USD 76.8 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.9% over the forecast period. The growth of this market can be attributed to the rising demand for highly efficient material handling systems in food & beverage, automotive, and warehouse and distribution industries.

Production Line and Machines in Water Bottling Factory

Conveying equipment is used as a goods carrier application in numerous industries including food and beverage, mining, automotive, airports, and electronics, among others. Conveyors can be designed to handle material of any shape and size. The major benefit offered by conveying equipment comprises low cost, higher productivity, and increased operational efficiency.

The demand for warehouses is rising owing to the significant growth of e-commerce, supermarkets, and online retailers, which, in turn, projected to have a positive impact on the market over the forecast period. Furthermore, the expansion of airports and the development of new airports especially in the Asia Pacific and North America projected to drive the market during the forecast period.

The global conveying market is highly competitive in nature. Key players are adopting various strategies including technological developments, merger & acquisitions, partnership, and capacity expansion in order to gain competitive advantage. For instance, in April 2019, Daifuku Co., Ltd. acquired India-based Vega Conveyors and Automation Private Limited.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/conveying-equipment-market

Further key findings from the study suggest:

Belt conveyor segment dominated the market and accounted for 24.3% of the total demand in 2019 owing to increasing demand from numerous industries, including food & beverage, airport, mining, and e-commerce
The unit handling product segment is anticipated to advance at a CAGR of 3.1% over the forecast period owing to growing use in industries such as food & beverage processing, shipments, and manufacturing of automotive
Warehouse & distribution segment is anticipated to be the dominant end-use segment over the forecast period on account of significant growth of e-commerce, online retail, and supermarkets
Asia Pacific was the largest consumer of conveying equipment, accounting for over 30.6% of the total market revenue in 2019 owing to rising industrialization and infrastructural developments in emerging economies such as China, India, and South Korea
Presence of local players in the Asia Pacific region poses a substantial threat to the large multinational companies in terms of product quality and price offered to the customers

Composites Market Size Worth $160.54 Billion By 2027

The global composites market size is expected to reach USD 160.54 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.6% over the forecast period. The growth of this market can be attributed to the increasing demand for lightweight materials in various industries such as wind energy, automotive & transportation, and aerospace and defense.

Rapid industrialization in the emerging economies of Asia Pacific and ascending demand for wind energy are factors expected to boost the market growth. High product demand from the automotive industry is also projected to drive market expansion. Increasing fuel prices have prompted the want for fuel-efficient vehicles. This factor is projected to positively influence growth.

Ascending demand for customized components in automotive, aircraft, and sports industries have urged the market participants to integrate their portfolio with downstream production technologies. SGL Group formed a joint venture with Kumpers GmbH & Co. KG for utilizing advanced automated processing technologies to develop braided carbon fiber.

The market is moving toward fragmentation on account of the presence of a large number of global and regional players. Major players have a strong distribution network and product brands in the global market. The ongoing R&D activities present some growth and expansion opportunities to market players.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/composites-market

Further key findings from the report suggest:

In terms of revenue, carbon fiber segment is anticipated to advance at the fastest CAGR of 9.2% over the forecast period owing to their increasing adoption of carbon fiber composites in marine and wind energy applications
The thermosetting segment dominated the market and accounted for 72% of the total demand in 2019 owing to ascending demand for composite materials in transportation and aerospace & defense applications
The demand for composites in automotive and transportation segment accounted for a revenue share of 21.1% of the overall market in 2019 owing to increasing demand for a lightweight and durable material
Asia Pacific was the largest regional composites market in 2019, accounting for a revenue share of 44.7% on account of significant growth of end-use sectors including automotive, construction, aerospace, and electrical and electronics in the region
Companies such as Toray Industries, Owens Corning, and Teijin Ltd. are integrated across the value chain of composites in production and distribution activities and have also diversified their product offerings

Weapon Mounts Market Size Worth $1.9 Billion By 2027

The global weapon mounts market size is expected to stand at USD 1.9 billion by 2027, expanding at a CAGR of 6.4%, according to a new report by Grand View Research Inc. The growing need for assembly of ammunition on defense vehicles to tackle war situations in remote locations is expected to drive the market in the estimated time.

Increasing defense practices across the major geographies and rise in political instabilities among the major countries are expected to support the demand. Moreover, the rising prevalence of keeping updated war equipment and increase the defense inventory is likely to create growth prospectus for the market.

The rise in the territorial and political conflicts between major economies is expected to encourage the enhancements of their respective naval, air force, and military operations. Installation of machine guns and specialty ammunition on the aircraft, military trucks, and other vehicles are likely to influence the market over the forecast period.

Technological advancement in the mounting mechanism for its stability and convertibility is expected to pose a growth scope for the market. Moreover, the introduction of remotely operated mounts and moving mechanism to allow the ammunition to operate in any direction is likely to support industry growth in the projected time.

Asia Pacific dominated the market and accounted for the largest revenue share in 2019. This is owing to increasing investments in defense operations by countries including India, China, Japan, and South Korea, and Pakistan in the region. In addition, rising demand to strengthen defense capabilities owing to growing tensions between the countries in the region is anticipated to propel market growth in the coming years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/weapon-mounts-market

Further key findings from the report suggest:

The non-static mounts segment is projected to grow significantly over the forecast period owing to its increasing utilization in all types of platforms. Installation of ammunition on vehicles and growing need for aim stability is expected gain share for the segment
In U.S., the ground platform segment stood at USD 80.3 million in 2019 and is expected to grow significantly in the estimated time. Expansion of military tools and increasing investments in defense systems is likely to support demand
In 2019, manned operation segment accounted for the largest share owing to its prominence in the target aiming. Modern machine guns are installed with these mounts for stability and prominent aiming
The static mounts segment is expected to register highest growth rate in the projected time on account of its prominent use in weapon installation and compatibility
Conflicts between U.S. and Iran are anticipated to enhance the military capabilities of the respective economies. Thereby, is expected to support the market over the forecast period.

Atmospheric Water Generator Market Worth $8.9 Billion By 2027

The global atmospheric water generator market size is expected to reach USD 8.9 billion by 2027, expanding at a CAGR of 19.5%, according to a new report by Grand View Research, Inc. Increasing consumer demand for atmospheric water generator (AWG) in industrial and commercial applications is expected to drive the market.

Moreover, depleting freshwater reserves, particularly in Asia Pacific and Latin America region is anticipated to further propel market growth. Furthermore, various characteristics offered by AWGs such as high purity water output, and easy transport are expected to drive their demand in military applications over the forecast period.

Growing demand for AWGs to replace traditional supply units such as water pipelines, especially at industrial and commercial workplaces, is likely to open new avenues for the industry over the forecast period. However, high capital cost and energy consumption associated with the product are expected to hinder market growth.

The water output offered by AWGs primarily depends on the humidity and temperature of the surrounding environment, which affects the performance efficiency of the system. Product innovations to reduce the cost and improve its efficiency are expected to propel the AWG market over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/global-atmospheric-water-generator-market

Further key findings from the study suggest:

Cooling condensation accounted for 98.9% revenue share in 2019 on account of its high output coupled with less complex mechanism when compared to wet desiccation technique
The residential application segment, in terms of revenue, is expected to witness a CAGR of 16.7% from 2020 to 2027 owing to rising disposable incomes coupled with product innovations is expected to drive the demand for AWGs in the segment
The product demand in Latin America, in terms of volume, is likely to witness a CAGR of 17.7% owing to depleting freshwater resources coupled with uneven geographical distribution of freshwater resources, and inadequate water supply infrastructure
The product demand in India is anticipated to reach USD 302.9 million by 2027 owing to the rapid industrial growth coupled with increasing construction and manufacturing activities in the country
In January 2020, Energy and Water Development Corp., (EAWD) sold its self-sufficient energy supply AWG system to a Mexican company engaged in manufacturing bottled water.

Shell & Tube Heat Exchangers Market Size Worth $9.19 Billion By 2027

The global shell and tube heat exchangers market size is expected to reach USD 9.19 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.2% from 2020 to 2027. The growth of market can be attributed to the increasing product demand from numerous end-use industries, including power generation, chemicals, food and beverage, and petrochemical.

Several types of shell and tube heat exchangers, such as a single helical tube, spiral tube, and dual tube coil (DTC), are used in petrochemical plants. The penetration of shell and tube heat exchangers is witnessing significant growth in the oil refineries and petrochemical plants on account of their easy maintenance, robust geometry construction, and possible upgrades.

The presence of internal heat exchanger substitutes, such as plate and frame, micro-channel, welded plate and block, and welded spiral heat exchanger, is likely to hamper the market growth. The development of micro-channel heat exchangers is anticipated to substitute the product in HVAC applications owing to its eco-friendly characteristics.

Manufacturers of shell and tube heat exchangers are engaged in adopting various strategies including mergers & acquisitions, new product development, diversification, and geographical expansion. These strategies aid the companies in augmenting their market presence and catering to the changing technological demand of various end-use industries.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/shell-tube-heat-exchangers-market

Further key findings from the report suggest:

Steel as a raw material dominated the overall market and accounted for 30.9% share of overall revenue in 2019 owing to low cost and favorable properties, including resistance to corrosion, good strength, and high-temperature resistance to scaling and oxidation
Demand for shell and tube heat exchangers is anticipated to grow significantly in the chemical industry on account of their properties, such as design flexibility, high corrosion resistance, and easy maintenance and repair
Asia Pacific is a prime region and driving high demand for shell and tube heat exchangers on account of substantial growth of the chemical, petrochemical, and power generation industries in the countries, including China, India, Japan, and Indonesia
Europe held the second-largest share in the market in 2019 on account of stringent regulations to reduce CO2 and greenhouse gas emissions
Presence of local players, majorly in Asia, is expected to pose a significant threat to large global players in terms of price and quality of products, which are provided to the consumers.