Insulated Shipment Packaging refers to several different packaging types – both small wraps or even big containers meant for shipping commodities. Insulated shipping boxes serve to keep products from getting damaged as a result of temperature changes during transportation because it creates insulation around the temperature-sensitive products; thereby preventing heat transfer between the packaging’s interior and exterior. Further, the demand for food and beverage products as well as personal care items has increased. These industries are expected to increase market demand as they use insulated shipping boxes as their final product.

Further, the increasing trend of organically grown produce all over the world is among the significant factors responsible for advancements in such industry. One of the reasons insulated shipping boxes are essential is because there is an increasing demand for medical drugs. In developed countries such as China and Japan where people live longer than before are suffering from various chronic illnesses, this has resulted in the growth of the international pharmacy market, with Asian states being among those showing the highest rates of expansion as compared to other parts of the globe. Some pharmaceuticals are typically shipped in insulated containers which include blood, vaccines, and medications that are sensitive to temperature.

Moreover, the adoption of environmentally friendly packaging techniques in insulated shipper space is gaining more and more attention from businesses. For instance, the product line-up of Atlas Molded Products, a division of Atlas Roofing Corporation, included DuraTherm BDT®, a biodegradable technology, in September 2023, for cold chain handling, transportation, and storage, more environmentally friendly packaging options are available with products like DuraTherm BDT.

Additionally, Hydropac launched the PharmaPac range of thermal packaging solutions in November 2023 to solve delivery problems and meet regulatory requirements for temperature-sensitive medications and vaccines. The polystyrene box, ice packs, thermal filter pack, and universal payload tray make up the PharmaPac Genesis.

Global production Trends

A key component of paper-based packaging is the idea of cellulose insulation which is increasing the market demand. The cellulose production process gives insulation materials a consistency that is comparable to conventionally used packaging materials, particularly those based on wool. Paper-based insulation materials with recycled content are being produced and consumed at an increasing rate, but due to the global wastepaper disposal issue, their adoption rate has been decreasing over time.

Further, Expanded Polypropylene (EPP) shippers are expanding due to the growing demand for effective cold supply chain solutions. The primary target audience for EPP-based boxes is food professionals and those involved in the logistics and health sectors. Eutectic plates can be added to EPP boxes to further enhance their performance.

End Use Case

The food and beverage sector has emerged as the dominant force in the insulated shipping boxes market as the food and beverage industries are using more and more insulated packaging. The growth rate is caused by variables like rising packaged food demand and rising ready-to-eat food consumption. Frozen food packs should be made in a way that helps keep them at a constant temperature during transportation as well as in storage so that they remain safe and of high quality throughout the whole distribution process. The said packs should be built in such a way that they are thermally insulated and have within them enough cooling elements for maintaining the product at a steady low temperature. Insulated shipping boxes are necessary as they restrict heat transfer from the outside environment to the interior of the package, which delays the point at which the temperature inside the package equalizes with the outside temperature. It is therefore expected that the broad application and widespread use of insulated packaging in the food and beverage industries will significantly propel the growth of the insulated packaging market in this industry throughout the forecast period.

Market Dynamics and Drivers

In the automotive and transportation sectors, high-value parts, components and surfaces are enclosed and safeguarded within the packaging during importation and exportation. Therefore, as manufacturing becomes more automated, there will be a greater need for insulated packages, which will propel the market. According to the International Trade Administration (ITA), China is the largest automobile market in the world, and the Chinese government projects that by 2025, 35 million cars will have been produced which results in the reduced costs of insulated packaging and enhancing productivity and leads to error-free supply chains.

Further, the rising global need for organic fruits and vegetables is the main force behind the sector. Different types of fruits and vegetables are grown with the help of organic farming methods across the globe. Therefore, such substances are frequently utilized as wrapping materials for fruit during transit to sustain their freshness. The surge in drug demand across the globe is one of the major forces behind insulation box use during shipping. The growth of the global medical industry has been facilitated by the rising number of individuals with enduring disorders and aged populations in countries like China and Japan. In many instances, insulated shipping boxes are frequently utilized to convey pharmaceutical materials such as blood vaccinations, and drugs that require specific temperature levels during storage or transportation, which in turn leads to high demand hence an increased size for insulation. For instance, by the end of 2023, the market had grown by 2% to £3.2 billion, nearly twice as much as it had in 2011.

Figure 1: Sales of Organic Products in Supermarkets, in USD Millions, 2022 to 2023

sales of organic products in supermarkets

Source: Organic Research Center

Key Developments

  • In September 2023, Phase-change Material (PCM) and Pluss Advanced Technologies (PLUSS) have partnered to introduce two novel temperature-controlled packaging options for the pharmaceutical sector, the Celsure® VIP Multi-Use Parcel Shipper series and the Celsure® XL Pallet Shipper series. These recently created goods are an excellent substitute for costly rental containers and traditional gel pack solutions.
  • In March 2023, Peli BioThermal announced the expansion of its well-known range of reusable Crđdo shippers, which offer protection for deep-frozen payloads. Products will assist in addressing the increasing need to safely deliver temperature-sensitive biologics as well as time-sensitive cell and gene therapies to patients. The recently introduced Crđdo Cube Dry Ice shippers provide deep frozen payload protection for up to and frequently longer than 144 hours.

In conclusion, the continuous advancements in packaging and insulation materials are driving the growth of the insulated packaging market. Incorporating intelligent packaging solutions for real-time temperature-sensitive product monitoring and developing high-performance insulation materials with improved thermal properties are two ways to achieve this. Insulated packaging materials are often more expensive than conventional packing materials. This additional cost may deter some businesses, especially those with limited resources or those operating in price-sensitive industries.

 

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The photoelectric sensor market is evaluated at US$1.708 billion for the year 2022 and is projected to grow at a CAGR of 10.23% to reach a market size of US$3.860 billion by the year 2029.

Photoelectric sensors are those that measure an object’s colour and distance. Light-emitting diodes are used as the light source in these position sensors. The sensor functions based on the idea that light is emitted onto an object by the sensor reflected onto the photoelectric sensor, and so on. The sensor can find out the distance of an object from itself by measuring the time it takes a light beam to hit the object and then return. The application of photoelectric sensors is expanding into new frontiers including construction and automotive sectors. In the industrial sector, there is an increasing trend where companies use photoelectric sensors for detecting position misalignments.

The sensors are placed at specific points so a product’s location can be detected and if its position is correct or not. This data is transmitted to the relevant localization device that can be modified accordingly with data obtained from the sensors. Various factors that are making photoelectric sensors popular include the use of digital network technology which is increasing rapidly.

Increased demand is another effect of the Industrial Internet of Things (IIoT) growing penetration. All facets of automation and control in industrial and process systems depend on sensors to provide accurate and dependable data. This product is used in the Industrial Internet of Things to measure pressures, positions, and other important production parameters.

It is also anticipated that a steady increase in military spending in both developed and developing nations would spur market expansion. These sensors are employed by the aerospace and military sectors for biological agent surveillance and detection to protect both civilian and military populations. Throughout the forecast period, the introduction of smart photoelectric sensors is also expected to boost market growth. These smart sensors come with several benefits, including lower maintenance costs, increased dependability, lighter weight, and shorter downtime.

Further, the rise in demand for more advanced sensing technologies in industrial automation due to the increasing need for smart manufacturing is significantly affecting the photoelectric sensors market. This is because smart manufacturing heavily depends on live data capture, scrutiny, and actuation, necessitating bigger sensors.

As firms adopt smart manufacturing technologies to enhance productivity, efficiency and flexibility, demand for photoelectric sensors is increasing. Because they are capable of detecting objects, measuring distances, tracking position, velocity and various characteristics of quality, photoelectric sensors are indispensable in intelligent manufacturing systems and are therefore increasing as companies strive to improve productivity which is also increasing the demand for smart sensors adopting intelligent manufacturing technologies. Automated machinery and equipment need to be operated with precision if they are to work well

The Photoelectric sensor market, by type, is divided into three types- Thru-Beam, retroreflective, and diffused. Thru-Beam technology is perfect for accurately detecting transparent objects and allows for lower installation and maintenance costs. It is also capable of effectively detecting both small and large objects

Over the course of the forecast period, the diffused segment is expected to grow at a moderate rate. Due to the advantages of thru-beam technology, which includes long sensing ranges and stable operation, the market is expected to grow during the forecast years

The photoelectric sensor market, by end-user, is divided into six types- Consumer electronics, packaging, semiconductor, manufacturing, automotive, and others. Photoelectric sensors are capable of sensing a wide range of materials and objects of different sizes. They are long-lasting, low-cost, and have a wide sensing range. The market for these photoelectric sensors is growing as producers try to boost productivity without compromising product quality. Massive losses could ensue from any defect during the manufacturing process. This is why photoelectric sensors are installed on production and assembly lines by manufacturers. Can you guess why food and beverage companies utilize photoelectric sensors? They are for counting small items, evaluating the size of the product, as well as detecting off-centre bottle tops. When it comes to safe and efficient operations within the material handling industry or logistics robotic trucks and pickers employ photoelectric sensors.

The food and beverage industries’ increasing focus on technology and mechanical food processing to create high-value food products is driving the demand for photoelectric sensors. Automation also results in standardization across all packaged foods and beverages. As fewer people are involved, food contamination cannot occur and all health regulations are ensured.

The Asia Pacific region is expected to witness significant growth in the Photoelectric sensor market during the forecasted period. The region’s photoelectric sensor market is growing as a result of rising safety regulations in nations that are developing like China, Japan, and India, growing acceptance of IIoT in various industrial facilities, and growing use of advanced technology.

Photoelectric sensors are increasingly significant in industrial automation because of their role in enabling object identification, positioning, and process surveillance–all of which enhance productivity as well as operational effectiveness. This is largely due to the rapid growth being experienced in end-user sectors such as consumer electronics manufacturing, automobile production, and garment making.

The research includes several key players from the Photoelectric sensor market, such as Omron Corporation, Pepperl+Fuchs, Telco Sensors, Sick AG (Sick Holding GmbH), Panasonic Corporation, Keyence Corporation, Rockwell Automation Inc., Leuze Electronic GmbH, Schneider Electric, Banner Engineering.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/photoelectric-sensor-market

The analytics report categorizes the photoelectric sensor market using the following criteria:

Segmentation:

  • By Type
    • Thru-Beam
    • Retroreflective
    • Diffused
  • By End-User
    • Consumer Electronics
    • Packaging
    • Semiconductor
    • Manufacturing
    • Automotive
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • United Kingdom
      • Germany
      • France
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others
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A wireless local area network WLAN controller is a network equipment for managing several access points under it. It performs this task especially so as to ensure the appropriate configuration as well as running of each of these access points towards an effective wireless network operation. The WLAN controller market is expanding primarily due to the growing enterprise adoption of remote workspaces and the increasing demand for wireless connectivity. Additionally, the expanding BYOD strategy trend and the security issues affecting different businesses are driving the market’s expansion.

The network is utilized by government organizations, small and medium-sized enterprises (SMEs) from a range of industries, and households. With WLAN, the limitations of a wired network are eliminated since numerous devices can connect over great distances. It enables users to access apps and data from a distance. Additionally, WLAN guarantees increased bandwidth, which enhances network functionality. There is a range of 1 to 600 Mbps for data transmission. Authorized guest WLAN and internal WLAN are the two types of WLAN implementations.

Further, on order to safeguard the network and its users, WLAN controllers assist in enforcing security regulations, encryption standards, and access controls. The market for WLAN controllers is anticipated to grow in the upcoming years as a result of the increasing prevalence of cyberthreats and attacks, which continue to make network security a primary concern. For instance, according to the UK government’s Cyber Security Reaches Survey 2022, 39% of UK businesses reported experiencing a cyber attack in 2022, with phishing attempts accounting for the majority of cyber threats (83%) among the identified threats.

Global Adoption Trends

Centralization of WLAN controllers simplifies the network configuration, maintenance, monitoring. One key feature is ensuring uniform security, QoS standards, and policies across all APs which enables better stability and safer networks. Standalone access points provide features such as automated RF management, reduced interference, smooth client roaming, and optimized traffic. Controllers provide in-depth analytics on network performance for proactive management and optimization. For instance, Cisco offers wireless controllers and access points to satisfy Wi-Fi requirements. People never had greater expectations for network security and speed due to increased mobility and the explosion of IoT devices. In high-density environments, Cisco access points and intelligent controllers offer superior radio frequency performance while adhering to the 802.11ax (Wi-Fi 6) and 802.11ac (Wi-Fi 5) wireless standards.

Enterorprise Use Case

During the forecast period, small and medium-sized enterprises are expected to record the highest growth rates with the proliferation of startups and new digital service providers being the main reasons for this. Additionally, big businesses are implementing cutting-edge WLAN solutions to provide quick internet access. Market participants are creating tailored WLAN solutions to satisfy big businesses’ demands for wireless connectivity. For instance, Wi-Fi and 5G solutions can access spectrum up to 7 GHz due to the radio frequency-based filter technology called ultraBAW, which is provided by Qualcomm Technologies, Inc. Sub-7 GHz spectrum access facilitates the coexistence of 5G and Wi-Fi in automotive, IoT, and industrial applications, resulting in improved indoor and outdoor performance and power efficiency for next-generation mobile devices, laptops, and other solutions.

Market Dynamics and Drivers

The need for data traffic has skyrocketed due to the expanding use of cloud-based applications. Businesses need dependable and quick internet access to ensure their operations function as more and more shift their apps to the cloud. Businesses can transfer data quickly and effectively thanks to enterprise WLAN solutions’ high-speed data transmission rates, which enable this connectivity.

Business internet is seeing a rise in data volume as more enterprises incorporate digital technologies into processes. For instance, by the end of 2023, the mean monthly mobile data usage shall achieve 56 GB on a worldwide scale from 21 GB.

Figure 1: Global Mobile Network Data Traffic, Eb Per Year, 2022 to 2023

mobile network data traffic

Source: Ericsson

In addition, the rising number of devices linked to business networks has resulted in a significant increase in the demand for high-speed data in recent years. Employees now access company data and apps from a variety of devices, necessitating reliable and fast data transmission capabilities, which enterprise WLAN solutions can provide. Data sharing and transfer between standalone control systems and other devices—such as sensors, thermostats, and smart lighting fixtures—that require wireless LAN controllers for network management are now feasible thanks to the Internet of Things. An Internet-based server network that can handle, store, and process important sources of data regarding industrial performance and operations is what cloud computing is all about. Technological advancements are driving the need for wireless LAN controllers that can process large amounts of data and extract valuable insights.

Furthermore, a significant factor propelling the market’s expansion is the growing emphasis placed by organizations on developing a digital and wireless workplace within premise mobility. Additionally, the growing BYOD and digital transformation trends are prompting businesses to think about expanding their enterprise campuses, which will support the market’s expansion in the upcoming year.

Key Developments

  • In September 2023, Huawei announced the launch of three Product Portfolios for the Commercial Market to Build High-Quality Connections, including the Huawei Zero-Roaming Distributed Wi-Fi solution, the Huawei High-Quality Simplified Data Center Network Solution, and the High-Quality SME Office, in recognition of the large number of SMEs that contribute to economic development. To assist partners in gaining more clients and prospering in the commercial market, Huawei will create a wider range of products and services that are more marketed. A special experience assurance card is included with the Huawei CloudEngine S8700 to ensure excellent voice and video quality. It preferentially guarantees important voice and video conferences held by small and medium-sized businesses (SMEs) in real time. This guarantees seamless video conferences with a live experience for up to 10,000 users.
  • In October 2022, At the India Mobile Congress, IO by HFCL unveiled the two new devices (indoor and outdoor versions) and introduced the Wi-Fi 7 enterprise-grade Wi-Fi access points. The new access points run Qualcomm’s Networking Pro platform and are optimized for open-source networking. They are also prepared for OpenWiFi.

In conclusion, the maintenance and operation of WLAN could be problematic especially so in large scale situations as with universities’ premises, private companies’ offices and even public internet access points. Specialized knowledge and tools are needed to ensure optimal performance, troubleshoot connectivity issues, and manage security policies. However, advanced WLAN solutions that support many simultaneous connections, low latency, and high data throughput are required by the expanding IoT ecosystem.

 

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Mannitol is a type of osmetic diuretic, which helps to make a patient pee. It is a type of sugar alcohol and is also used as a low-calorie sweetener. In medication, mannitol is used to increase body urine and to lose excess salt. It is also beneficial in treating swellings in heart, kidney, and liver diseases. Mannitol can be produced naturally, via various fruits and vegetables, and can also be created artificially. Naturally, mannitol is found in various sources, like fresh mushrooms, brown algae, and manna ash tree barks. Apart from these, mannitol is also found in small quantities in various fruits and vegetables, like olives, onions, celery, and pumpkins, among others. Synthetic mannitol is mainly produced with the help of hydrogenating fructose.

Natural mannitol is one of the most beneficial substances found in various fruits and vegetables. Natural mannitol showcases positive effects on the consumer, as it helps to elevate the blood plasma osmolality, enhancing the flow of water from tissues. Mannitol also has a lower impact on the blood sugar level, as compared to other natural sugars, increasing its demand by diabetic consumers.

While this biochemical has several benefits, it can cause severe side-effects if not consumed with proper guidance. From an excess use of mannitol, the consumer can experience side effects like dehydration, nausea, chest pain, and in some worse cases bleeding in the brain.

Global Production Trends

The global demand for mannitol witnessed steady growth, with total trade value in 2021 being US$ 258 million, and increased to US$ 278 million in 2022. According to the World Integrated Trade Solution, by the World Bank, in 2021, France became the biggest exporter of mannitol, which accounted for about 21490.33 tons of mannitol, valued at US$ 113.021 million, which slightly increased to US$ 118 million in 2022.

Globally, India became the biggest importer of mannitol, importing about US$ 35.5 million worth of mannitol in 2022, and US$ 38.8 million mannitol import in 2021. Most of the mannitol imported by India came from the USA with US$ 9.87 million value, followed by China with US$ 8.77 million and Belgium with US$ 8.55 million.

Mannitol Use Case

Mannitol is generally used in medication and food sectors, globally. In the food sector, mannitol is used as a source of artificial sweetener. When dissolved completely in a product, mannitol induces strong cooling effects and is often used in candies, chewing gums, cakes, cookies, and other frozen desserts. Mannitol is also used for icing and filling purposes in the sector.

In the healthcare and medication industry, mannitol has multiple applications. For instance, mannitol is used to increase the body’s urine flow, with reducing salt presence in the body. It is also used in reducing swellings from livers, kidneys, brain, and eyes. The biochemical has also found an increase in application as a filler in common tablets.

Market Dynamics and Drivers

One of the major drivers for the mannitol market is the increasing global food consumption. One of the major reasons for the increase in consumption is the increasing global population. According to the World Bank, the global population reached 7.95 billion in 2022, which increased significantly from 2020, when the global population was about 7.82 billion. According to the report, India had the highest population of about 1.417 billion, followed by China at 1.412 billion. This increase creates a surge in the demand for consumable products.

Apart from this, another major driver for the mannitol market is the increasing demand for global healthcare and medication. According to the data published by the American Hospital Association, patient admission in US hospitals increased significantly. According to the data, total admissions in hospitals in the nation in 2022 were about 33.393 million, which increased to 34.011 million in 2023. This increase creates a demand for medications and other healthcare products, increasing the demand for mannitol in the market.

Figure 1: Total Hospital Admissions, in USA, 2022 and 2023

total hospital admissions

Source: American Hospital Association

Key Developments

  • In August 2022, Aptar Pharma acquired the global license of Orbital Dry Powder Inhaler. This powder was developed as a life cycle-extending product. The CEO announced that this announcement is an example of the strategy that will help the company generate non-dilutive cash from the mannitol respiratory market.
  • In July 2022, Roquette, announced its new grade of PEARLITOL SD Mannitol range, PEARLITOL 150 SD, for direct compression. The company claimed that the product is mainly developed for active pharmaceutical ingredient use, and is highly sensitive in reducing sugar.

In conclusion, the mannitol market presents significant opportunities for growth and innovation, driven by the increasing demand for medication and food sectors. While facing various low yields, and low productivity, the industry is poised to capitalize on innovations and developments to meet the needs of a growing global demand for the mannitol market.

 

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The elastomeric foam market is expected to grow at a CAGR of 6.33%, from US$3.384 billion in 2022 to US$5.891 billion in 2029.

The market for elastomeric foam would be rising due to its multifaceted application in various growing industries, like automotive, petrochemical, consumer durables, nitrile gloves, solar panel heat collectors, etc. The growth and penetration of various industries would likely have a positive impact on the demand for elastomeric foam.

The rise in the construction industry like in infrastructure and building projects. It is estimated that by 2040, the real estate market in India will grow to Rs. 65,000 crore (US$ 9.30 billion). This growth would provide an upsurge in the parts and materials related to walls, floors, water pipes, and roofs. These materials are electrical and heat insulators, proving to be used in wires and sealing systems. In vehicles, ethylene propylene dien monomer can be used in door seals, trunk seals, window seals, and others, making it a necessary material for cars and other vehicles.

Based on application, the elastomeric foam market is segmented into air conditioning, refrigeration, water pipes, liquid gasses, and others. With the changing climate conditions and hot weather becoming common in Europe and North America, the demand for air conditioning has surged in the market, people are using insulation materials to protect their houses from changing climates.

With the growing urbanization and demand from the economies of APAC and MEA, the surge of disposable income in the market, people are buying more refrigerators and their related products for better and longer storage causing the surge in demand. Water pipes are useful for residential buildings, as new houses are constructed in the growing economies the uses of elastomeric foam would have an upsurge in the market.

Based on type, the elastomeric foam market is segmented into Natural Rubber/Latex, Ethylene Propylene Dien Monomer (EPDM), and Nitrile Butadiene Rubber (NBR). Ethylene Propylene Dien Monomer (EPDM) has a very broad application as used for sealing and gasketing. It can provide cushioning or elasticity. Seals on doors for refrigerators and freezers are also made from ethylene propylene dien monomer (EPDM).

Nitrile Butadiene Rubber (NBR), has strong resistance to oil, fuel, acids, and other chemicals, and finds its common application in automotive, aerospace, gloves, etc. With the surge of electric vehicles in the automotive sector industry, the application of elastomeric foam would have a demand.

Based on geography Asia Pacific is expected to have having significant share of the market. As industrialization and urbanization increased in the region, demand for the HVAC, refrigerant, and plumbing pipe or piping insulation would increase leading to the demand for elastomeric foam material in the market. The soundproof quality of the material is the major reason for its application in the construction industry. In India, manufacturing exports have a growth rate of 6.03% growth during FY23, bigger than the previous year with annual exports of US$ 447.46 billion.

The demand for residential properties surged in the region owing to the economic growth and demographic changes. More people are moving from rural to urban settlements giving rise to the demand for air conditioning and refrigeration.

Further, the rising expendable income in the region has created a demand for automotive and consumer durables, where the application of ethylene propylene dien monomer (EPDM) found wider applications. The need for wires in many sectors and domestic uses as well also created the demand for elastomeric foam. The surge from the renewable energy sector needed innovative technology for the newer devices and types of equipment where the elastomeric foam has a broader application.

As a part of the report, the major players operating in the elastomeric foam market, that have been covered are Armacell Yalitim A.S., Zotefoams, Kaimann (Saint-Gobain Group), Huamei Energy-Saving Technology Group Co. Ltd., Hira Industries LLC, NMC Technical Insulation, Rogers Foam Corporation, K-Flex USA, and Aerofoam.

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/elastomeric-foam-market

This analytics report segments the elastomeric foam market on the following basis:

  • By Type
    • Natural Rubber/Latex
    • Ethylene Propylene Dien Monomer (EPDM)
    • Nitrile Butadiene Rubber (NBR)
  • By Application
    • Air Conditioning
    • Refrigeration
    • Water Pipes
    • Liquid gasses
    • Others
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • France
      • Germany
      • Italy
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Thailand
      • Taiwan
      • Indonesia
      • Others
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A rugged server is designed to function well in difficult circumstances, including severe weather, high vibrations, and hostile settings, such as those encountered in the military, public safety, field service, and healthcare industries. The goal of these servers is to provide a regulated environment for its internal parts. The rugged server market continues to grow due to the increased need for rugged servers in defence, industrial, power, and utility applications because of their reliability and durability as well as strict industry regulations.

Key businesses in the manufacturing industry are committing large sums of money to widen their product lines by launching new brands, a move that is helping to ensure more expansion of the Rugged Servers Market. To become more global-based, global firms also are involved in various strategic activities. Some of the significant changes in the industry are the launch of new products, contracts, mergers and acquisitions, more considerable investment, and cooperation with other companies. The section, which deals with Rugged Servers should ensure that they make cheap products so that they can grow and survive in a highly competitive and ever-changing environment.

For instance, a technology company called Mercury Systems, Inc. offers services to the defence and aerospace sectors. Using open architecture computer hardware and software, it produces rugged secure computer servers, trusted microelectronics components, modules, and subsystems, avionics mission computers and displays, and secure embedded processing modules and subsystems. Original equipment manufacturers (OEMs) of commercial aircraft, the US government, and defence prime contractors are among the clients of Mercury. Mercury Systems unveiled a tough data storage system in August 2022 that made use of edge computing to speed up data transfer and access for big volumes of data. Because these devices were designed for rough terrain, maintenance costs are reduced.

Global Production Trends

The need for high-capacity, low-latency data centres will drive a rise in the use of cooling systems. As a result of the creative introduction of noiseless fans and their quick reaction to heat, suppliers are supplying more rugged servers with fans. The servers can be fully enclosed for passive cooling, thereby increasing their durability, lowering the number of elements moving, and thus making them more deployable in harsh environments and remote regions. Much has been spent on recognizing advancement in cooler technology. For instance, In September 2022, the Department of Energy (DOE) of the United States declared its intention to donate $42 million as funds targeted at tackling technological challenges hindering the development of high-performance energy-saving cooling solutions meant for data centres. It should be noted that data centres account for about 2.0% of America’s total electricity output while serving as homes for computers, computer infrastructure, and storage facilities. However, up to 40% of a data centre’s overall energy consumption can be attributed to data centre cooling.

End Use Case

The defense and military industries use rugged servers primarily to withstand extreme weather, vibrations, and other harsh conditions. These servers are equipped with features and capacity to withstand shocks, vibrations, high temperatures, and prevent malfunctions and loss of functionality. These characteristics facilitate both sales expansion and deployment within the burgeoning armed forces of developing provinces. Collaboration and information sharing amongst multiple troupes and teams are enhanced by integrating performance and reliability. Additionally, these servers offer the possibility of adding more non-consumer software and accessories. The capabilities of the rugged server are also applicable to other armed forces, including the marine, aerospace, and naval branches, where certifications like dust resistance, water resistance, and temperature resistance are fully utilized. The military expansion trend is also being followed by numerous other provinces in Asia and Europe, which broadens the market’s potential.

Market Dynamics and Drivers

The increasing use of cloud applications is driving the need for rugged servers. Businesses are making an effort to adopt cold-climate data storage facilities in an effort to lower the power usage of the cooling systems that are necessary to keep the data center at a constant temperature. Additionally, the global data center industry has been impacted by the rising popularity of cloud storage. Cloud storage services are offered by a number of networking service providers, such as Amazon, Google, and Facebook. Through a data center, cloud computing provides centralized computing. For instance, the United Nations Conference on Trade and Development (UNCTAD) forecasts a five-fold growth in cloud services and data flows from 2020 to 2025.  This suggests a greater reliance on digital technologies, which will increase funding for data centre and cloud capacity.

Figure 1:  Data Center Share of the Global Total by Major Country, 2021

data center share

Source: United States International Trade Commission

The growth of the cloud computing platform has been a major factor in the global increase in the number of data centres. Investments in data centres designed for cold climates will help the market for sturdy servers. The global market for rugged servers will expand as a result of the growing popularity of containerized data centres. Moreover, containerized data centres, or mobile data centres, can be moved to increase capacity. It is possible to locate the above data centres at any point that can serve the required capacity. The system involves a set of modules that can augment, transport or refurbish existing data centres. It’s significant to stress that these modular data centres are designed using common components.

Key Developments

  • In February 2023, Dell unveiled its New Servers for Computing at the Edge, which include the PowerEdge XR5610, XR7620, and XR8000 servers. These servers are equipped with 4th generation Intel® Xeon® Scalable processors. Dell Technologies is now well-positioned to meet a broader and growing range of edge workload requirements, from near core to far edge, with the addition of these servers to the current XR lineup. This includes improved built-in AI capabilities for edge workloads with all-new Intel® Advanced Matrix Extensions (Intel® AMX). The XR8000 and XR5610 PowerEdge models are designed to withstand the rigors of modern edge and O-RAN deployment environments. Both servers have cloud RAN and vRAN optimizations. Short-depth servers like the single-socket, 1U PowerEdge XR5610 monolithic server are intended for use in enterprise edge, defence, and telecommunications applications.
  • In February 2023, Getac has declared that the X600 Server and X600 Pro-PCI will be joining its flagship X600 rugged mobile workstation line. The newly released X600 and X600 Pro will be paired with the new models to form an extensive lineup of tough mobile workstations designed to satisfy the needs of professionals operating in demanding sectors like manufacturing, oil and gas, and defense. With its compact design for effortless portability, the Getac X600 Server offers a robust mobile server that is readily available for purchase as a commercial off-the-shelf (COTS) option.

In conclusion, amid challenging operating conditions in various industries, the rugged servers market is significantly growing. The market growth is due to an increasing demand for rugged servers in mission-critical applications mainly by the military and defense units and escalating IoT and industrial automation deployment in harsh environmental areas.

 

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The worldwide food supply chain has been maintaining the quality of stored agricultural produce with essential contributions from grain fumigants. As the population grows faster and there is an ever-expanding global trade, the necessity for reliable grain fumigation solutions has gained importance because of climate change related changes in pest patterns.  Pest control chemicals, controlled-atmosphere (CA) storage, and other devices are commonly used for protecting harvested grain against pests, fungi, viruses and other micro-organisms during post-harvest storage and transport. In order to manage post-harvest losses, ensure food safety and maintain compliance with regulations, it is essential to fumigate grain after harvesting.

Grain fumigants are anticipated to experience a sharp rise in demand in the near future due to a number of factors that affect the agriculture scene. For proper pest management systems it is evident that there is necessity for adequate pest management systems in order to enhance food production and storage so as to meet the demand for food necessitated by an increasing world population. Also propelling the utilization of modern fumigation methods of preserving the standard and value of kept grains is the increased sense.  There is an increasing need for appropriate fumigation methods to spur the growth of the market because of the rising quantity of agricultural products traded worldwide. Moreover, the promising future of the market is underlined by the developments in fumigant formulations and modes of application. Furthermore, the rise of environmentally sound pest control methods also fuels the buildup in the market.

Further, phosphine-based fumigants are the most common type of fumigant used worldwide. They provide protection against insects and rodents and are used extensively for the storage of agricultural commodities. The market is dominated by North America. Many new product varieties with reduced toxicity and increased efficiency are being developed thanks to rapid investments in technology and research and development. A number of factors, including shifting farming practices, improved storage technology, and consumers’ growing desire to improve the quality of agricultural output, are responsible for the growth of the agricultural fumigants market.

Global Production Trends

Phosphine is a significant fumigant that is mostly applied to agricultural produce that has been stored to control insects and pests which is leading to the market growth. It is among the best fumigants for processing contaminated grains and flours and managing insects that infest tobacco leaves that are stored, like tobacco beetles. Methyl bromide is preferred over other disinfectants in cargo and quarantine services due to its rapid and efficient penetration capabilities. However, because of the toxicity and risks associated with methyl bromide, this disinfectant is only allowed to be used in pre-shipment quarantines and is not to be used otherwise. Apart from these two substances, other substances that are frequently utilized as fumigants are ethylene, carbon disulfide, acrylonitrile, sulfur dioxide, paradichlorobenzene, and sulfuryl fluoride.

Form Use Case

While some of the active ingredients in fumigation remain gaseous throughout preparation, packaging, and release, others are liquid when packaged and turn gaseous when released. Since the active ingredient is volatile when stored in ordinary containers, it is not formulated under pressure. Others are solids that, when applied in environments with high humidity or water vapor, release gas.

Further, the demand for commercial grain fumigants is also rising as they are carried out in railroads, ports, vehicles, containers, ships, and warehouses. Marine vessels fumigate grain when it is shipped from one port to another. Fumigating inside containers prevents insect infestations caused by temperature and humidity changes along the way. This method is also applied when the grain is transported by rail or vehicle. Since ship transport takes longer than rail/car transport, these trains usually transport grains to inland locations and require less fumigation than the ship fumigation process. The demand for fumigants from the commercial segment is the highest and fastest-growing segment due to the rise in transportation and trade services.

Market Dynamics and Drivers

Over time, there has been an increase in the need for fumigants in tandem with rising agricultural output. The most popular technique for killing bugs on rural lands at present is fumigation, which is more and more applied in the business of grain and oilseeds. Fumigation is among the perfect measures for preventing pests in silos or farm-level storehouses and watching out over pests’ resistance against sprays. Fumigation with methyl bromide (MB) is a useful method for ensuring that goods present the least amount of phytosanitary risk. Canada still mandates the use of MB as the only treatment that is authorized for certain products’ pre-shipment and quarantine needs, even though the European Union has outlawed its use.

Moreover, the global wheat stock reached 803 million tons in 2022/23, up from 780 million tons in 2021/22, according to the International Grains Council (IGC). Because of that, it is anticipated that there will be a rise in the need for agricultural warehouses, storage technologies and other things that are used together with fumigants. When most crops are kept in warehouses they are destroyed by insects; however, if fumigants are employed losses occasioned by pests are minimized. Consequently, it is anticipated that this will increase demand globally for agricultural fumigants.

Figure 1: Total Grain Production, Million Tons, Global, 2021 to 2023

total grain production

Source: International Grains Council

Key Developments

  • In April 2023, Fox Pest Control Company—a pest management company—was acquired by Rollins Inc. It offers residential client services in thirteen states. With this acquisition, the company will have a growth strategy in new U.S. regions and its brands will have new growth opportunities across multiple geographies.
  • In January 2022, to strengthen its grain orientation strategy throughout Brazil, Bunge purchased a roughly 33% stake from Sinagro as part of a partnership with UPL Limited. Sinagro’s primary objective is to offer outside assistance to end users and agri-producers in Brazil’s “Cerrado” Savanna regions. Additionally, this alliance will support both businesses in making profits and expanding their global presence. Situated in the “Cerrado” savanna of Brazil, Sinagro is a large distributor of grains and agricultural products. When it comes to sourcing, processing, and supplying grains and oilseed products and ingredients, Bunge is a global leader. The Conselho Administrativo de Defesa Econômica (CADE), Brazil’s antitrust body, must approve the announced deal.

In conclusion, the grain fumigants market presents significant opportunities for growth and innovation, driven by rising agriculture production. While facing challenges such as fluctuation in material costs that negatively affect various industry verticals and huge investments in research and development for new and innovative production techniques, the industry is poised to capitalize on technological advancements and innovations to meet the needs of a growing global demand for grain fumigants market.

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The heavy-duty connector market is expected to grow at a CAGR of 6.28%, from US$2.327 billion in 2022 to US$3.298 billion in 2029.

An electrical connector is a device that joins electrical termination, to create a circuit. An electrical connector is generally of three types, board-to-board, cable/wire-to-cable/wire, and cable/wire-to-board connector. Similarly, a heavy-duty connector or HDC is an industrial connector, which is designed to transmit power, data, and signal in tough conditions. A connector finds its application across multiple industries, like manufacturing, railways, and construction among others. It allows the user to build communication bridges between circuits and allows current flow.

The heavy-duty connector market has observed an increase in demand over the years, with the introduction of new technologies, which increase the efficiency of the products, like an increase in the load capacity. For instance, in February 2024, Weald Electronics launched its new LMR series of connectors, which offers a greater peak working voltage of about 800V, with a 5A current rating. The product is designed with a rugged construction design, optimum for heavy-duty use, and also offers a working temperature of about +123 degrees to -55 degrees Celsius.

The connector industry is witnessing increasing demand, with the adoption and introduction of various producing and using technologies. Companies are developing new connectors with different materials, like composite materials, to increase its life cycle and increase its durability. In July 2023, ABB, a global leader in electrification and automation, launched its new Harnessflex EVO electrical connector, for heavy-duty electric vehicles. The company offers a tamper-proof design with an integrated clip system, and it also adds an extra layer of security from the high voltages. In March 2022, EOA launched its series 82 connector, which offers vibration resistance to the cable connector. According to the company, the product is applicable in multiple industries, like manufacturing, heavy-duty automotive, and passenger transportation systems.

The heavy-duty connector market by component is segmented into insert, housing, accessories, base, and hood. The housing category, under the component segment of the heavy-duty connector market, is expected to attain maximum share. A connector housing offers mechanical support, which is required for the connection. It helps to exert and maintain pressure on the contact point, ensuring a proper connection.

The heavy-duty connector market by termination is segmented as screw, crimp, and others. Under the termination segment, the crimp is anticipated to attain the maximum share of the heavy-duty connector market. A crimp is a type of electrical connection, which doesn’t require soldering. In this, the device or accessory inserts physical pressure to connect the joints.

The heavy-duty connector market by material is segmented into two categories, plastic and metal. In this segment, the plastic category is anticipated to attain a significant market share in the heavy-duty connector. The plastic connector offers cost efficiency and can also be produced at a higher volume. The plastic heavy-duty connector can also be used for numerous applications, and across multiple industries.

The heavy-duty connector market by industry vertical is segmented as manufacturing, oil & gas, railways, construction, energy & power, and others. Under the industrial vertical segment of the heavy-duty connector market, the construction sector is probable to attain a higher market share. The construction landscape of the globe is increasing rapidly, with new projects being inaugurated constantly. Especially in developing countries, infrastructural construction is being boosted, with new and better technologies, to improve the efficiency of the project.

Based on geography, the heavy-duty connector market is expanding significantly in the Asia Pacific region, as the region is among the global sectors of multiple industries, like manufacturing, railways, and construction. Countries like India, China, Vietnam, and Indonesia, are among the global manufacturing hubs for various industries, like automotive, consumer electronics, and others. Similarly, the Asia Pacific region also offers the largest railway network in countries like India, Pakistan, Bangladesh, and China, One of the industries with growing demand for heavy-duty connectors.

As a part of the report, the major players operating in the heavy-duty connector market that have been covered are TE Connectivity Ltd, HARTING Technologiegruppe, Phoenix Contact, Amphenol Corporation, Molex, LLC (Koch Industries), Weidmüller Interface GmbH & Co. KG, Wieland Electric GmbH, Smiths Interconnect, ODU GmbH & Co. KG, and Walther-Werke

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/heavy-duty-connector-market

This analytics report segments the heavy-duty connector market as follows:

  • By Component
    • Inserts
    • Housings
    • Accessories
    • Base
    • Hood
  • By Termination
    • Screw
    • Crimp
    • Others
  • By Material
    • Plastic
    • Metal
  • By Industry Vertical
    • Manufacturing
    • Oil and Gas
    • Railways
    • Construction
    • Energy and Power
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Thailand
      • Indonesia
      • Taiwan
      • Others
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Apple’s annual Worldwide Developers Conference (WWDC), was held on the 10th of June 2024 at Cupertino, California. In this event, the company announced major launches, such as Apple intelligence, Siri with Chat GPT, and iOS 18, among others.

Looking at the rising adoption of artificial intelligence (AI) the company announced a long-awaited artificial intelligence push called Apple Intelligence. According to the CEO, of Apple Tim Cook, this Apple intelligence is a collection of highly capable large language, diffusion model, and also has on device semantic index, that will work across the applications, and will identity data and feed that data into models.

Some of the capabilities of Apple Intelligence as mentioned by the company:

  • Apple Intelligence will be able to recognize context-driven notifications, where the AI will be able to recognize the importance of one’s context.
  • The product will have systemwide proofreading, and style improvements, across third-party, and native applications.
  • Apple intelligence will have a feature called image generation, in which generative photos can be generated based on a photo library. The photos can be generated in three ways sketch, illustration, and animation.
  • Also, the product by the company will be able to do cross-application tasking. This feature will be able to do tasks on one’s behalf.
  • Apple Intelligence can focus on personal context and can draw full suite on activities.
  • Further, Apple Intelligence can leverage cloud-based models, on special servers using Apple Silicone to ensure that user data is private and secure.

Apple also announced password protection on password applications for iPhone, iPad, Vision Pro, Mac, and Windows. It will help the user to protect all the passwords, sort of like Keychain did. This is one of the new features announced at the event.

Additionally, there are some new macOs Sequoia which will help in enhancing features of macOS. Some of the new features of Apple macOS are as follows:

  • Enhancement from iPadOS, and iOS: new features like map improvements, and text animation will be included in macOS.
  • iPhone Controlling: One can control the iPhone using a Mac via Continuity. Additionally, standby will also remain virtually undisrupted.
  • New macOS will also provide further video enhancements for video call features like screen isolation, and background features will be included.
  • Lastly, a new feature known as safari enhancement with artificial intelligence-powered highlights will help fetch helpful information from the webpage.

Table 1:    Products and New Features Added

Products Features
iOS, iPadOS and macOS Context-Driven Notifications
iOS, iPadOS and macOS Writing Improvements
iOS, iPadOS and macOS Image Generation
iOS, iPadOS and macOS Cross-Application Tasking
iOS, iPadOS and macOS Focus On Personal Context
iOS, iPadOS and macOS Private Cloud Compute

Some of the other major highlights of the events were

  • Enhanced Siri with Apple Intelligence: Siri will become more adept by integrating information from multiple apps. For instance, it can inform you about the time and location of your next meeting from your calendar, provide a summary of a prep document sent via email, and give you the weather forecast so you can dress appropriately.
  • AI-Generated Emojis: Apple Intelligence will enable users to create custom emojis in iMessage using text prompts, as well as generate non-photorealistic images for use in conversations.
  • OpenAI Partnership: Apple will allow users to opt-in to using ChatGPT for certain queries when OpenAI’s technology is better suited to provide answers. This integration will function directly on Apple devices, even if users do not have a ChatGPT account
  • Hidden Apps and Privacy Updates: New privacy features will allow iPhone users to “lock” specific apps, making them accessible only via Face ID, Touch ID, or a passcode. Additionally, users can “hide” apps so they don’t appear on the home screen and their media does not show up elsewhere on the device
  • Real-Time Call Transcripts: iPhone users will be able to record and transcribe calls directly from the phone app, with notifications to all parties when a call is being recorded
  • Gesture Controls for AirPods: AirPods will feature new gesture controls, allowing users to answer or decline calls with a simple nod or shake of their head
  • Apple Watch Health Monitoring: The Apple Watch will introduce new health monitoring capabilities, including tracking vital signs like body temperature and heart rate to alert users if they might be getting sick.

Furthermore, Apple announced iPadOS 18, with new features such as:

  • Interface Improvements: A new floating tab bar and automatic sidebars will enable users to maximize screen space more efficiently.
  • SharePlay Enhancements: Users can now take control during a SharePlay session.
  • Calculator on iPad: Apple is introducing a native Calculator app for the iPad, which will include unit conversion capabilities. When used with the Apple Pencil, it will offer a feature called Math Notes
  • Math Notes for Calculator: With Math Notes, users can write directly on the iPad using the Apple Pencil, and the calculator will automatically solve written problems, including support for scientific functions.
  • Notes App: The Notes app has a new feature called Smart Script, which utilizes “on-device machine learning” to tidy up handwriting. Additionally, users can insert typed text into a handwriting session, and it will automatically convert to appear as handwritten text.

One of the major changes happened in VisionOS 2, where the company tried to bring a new spatial experience to Apple Vision Pro. Just a few months after the launch of visionOS 2, the company brought a powerful spatial computing experience for Apple Vision Pro users. In this spatial feature the company has tried to provide users to create spatial photos with images already in the library, intuitive hand gestures for quick access to essential information, and new features like Mac Virtual Display, Travel Mode, and Guest User, visionOS 2 offers enhanced functionality. Additionally, it introduces new capabilities such as Follow Your Breathing in the Mindfulness app, SharePlay for Photos, and multiview in the TV app.

Lastly, the launch of the new tvOS 18 was a major success of the event. tvOS 18 introduces smart features like InSight and improvements to Enhance Dialogue and subtitles, enhancing cinematic experiences. Apple Fitness+, Apple Music, and FaceTime also get upgraded for a better experience on the big screen. iOS 18 brings new Home app features, including guest access and hands-free unlock with home keys, making home access easier and more secure. AirPods software updates offer new gestures for responding to Siri, taking calls, and enjoying games more immersively.

Hence, in the WWDC24, the company has launched new and innovative solutions for the coming years which are expected to boost the development of artificial intelligence related solutions in all short, medium and long term timelines.

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Silos provide long-term, economical storage options that are especially advantageous under land-constrained and costly storage situations. This market sector is crucial to the whole grain storage industry because it offers essential storage amenities, boosting farmers’ productivity.

No food is consumed by people in bigger amounts than grains. The increase in grain cultivation has been gradual as production technology improves; however, a great loss in grains may come as a consequence of improper storage of food grains. In the upcoming years, it is anticipated that the growing loss of food grains will propel the grain silos market worldwide. For instance, a World Bank report states that India loses between 12 and 16 million metric tons of food grains annually as a result of post-harvest losses.

Population growth is driving up agricultural productivity worldwide. Despite increased productivity, self-sufficiency remains a major problem resulting from grain losses. The lack of adequate storage facilities is the cause of this grain loss, which lowers costs and reduces farmers’ profits. The global market for grain silos benefits from the requirement for suitable post-harvest storage facilities. Thus, rising demand for large-capacity storage and fluctuating grain prices are the key factors driving this market.

Additionally, because developed and developing nations store vast amounts of grain for export and future use, grain storage is crucial. As a result, crops suffer large losses due to pests, rodents, and birds spoiling grains. Moreover, farmers in the area seldom have large inventories. The quality of data on off-farm grain stocks, which include maize, soybean, wheat and barley, is also poor. Another storage company in the region is enlarging the silo to stock more grain. As a result, during the forecast period, these factors support market growth.

Global Production Trends

Modern, high-tech portable grain storage silos with refreshed and enhanced business platforms are highly sought after. The farm’s productivity and profitability are increased by the one-location, one-login remote farm management system it creates using real-time 3D visualizations, traceability, and financial and input analysis. For instance, Ag Growth International, Inc. (AGI) has created SureTrack 2.0, which combines new management features with hardware and software already in place. Advanced features found in grain storage silos, such as adjustable seismic rating options, optimal temperature control, and the ability to create custom solutions, all work to prevent damage to the material stored inside and increase the product’s lifespan. Through the use of mobile applications, ultrasonic atomizers, and Wi-Fi modules, smart sensors have been introduced by the application of IoT and ML to monitor and control humidity, air temperature, grain moisture, air pressure, CO2 levels, and insect infestation.

Metal Use Case

The use of metal grain silos protects grains from pest, animal, and insect damage during both short-term and long-term storage, which is anticipated to drive up demand for metal silos. Galvanized steel sheets of varying thicknesses are commonly used in manufacturing metal silos of different sizes. This is because galvanized sheets are made by adding a zinc layer on normal steel to prevent oxidation. It is anticipated that the excellent food grain security provided by metal grain silos will increase sales of the silos. In the global grain silo market, a flat-bottom grain silo is anticipated to experience significant growth.

The cost of storing is cheaper for a flat-bottom silo. Therefore, the best option for both short-term and long-term grain storage is a flat-bottom silo. Additionally, grain can be safely stored for an endless amount of time with flat-bottom storage, and it is easier to construct. Additionally, the hopper bottom grain silo’s straightforward unloading procedure is driving up demand for them, which is expected to increase sales.

Market Dynamics and Drivers

The increased production of high-quality grain using efficient post-harvest and storage systems will lead to revenue growth for the grain silos and storage industry systems. The market for grain silos storage will grow faster than average due to the increase in demand for affordable, high-capacity storage.

The two main market factors that will keep the growth rate high are the increasing rates of urbanization and personal disposable income. Grain silos will also be more popular to sell, increasing the need for grain silos and storage solutions as post-harvest losses and food waste rise. The development of grain silos and storage industry systems is expected to accelerate due to various factors, including the increase in demand for wheat from developing nations. For instance, the global wheat stock reached 803 million tons in 2022/23, up from 780 million tons in 2021/22, according to the International Grains Council (IGC). The market expanded during the projected period as a result of this rise in grain production.

Figure 1: Total Grain Production, Million Tons, Global, 2021 to 2023

total grain production

Source: International Grains Council

Moreover, companies aim to achieve global leadership by concentrating on forming alliances, partnerships, and introducing novel products and solutions. Major players can gain an advantage over others by utilizing economies of scale and resources, building a broad distribution network, providing a variety of products, and catering to niche markets with extensive customization. They can also leverage their brand reputation. The American company Sioux Steel Co. acquired SCAFCO Grain Systems Co. in March 2022. With installations in over 80 countries, SCAFCO offers a range of structures, grain bins, handling tools, drying technologies, and accessories. Therefore, Sioux Steel will be much better able to ship goods to customers anywhere in the world if it owns the products, machinery, and plants owned by SCAFCO.

Key Developments

  • In May 2023, the “World’s Largest Grain Storage Plan in the Cooperative Sector” was approved by the government to address the lack of food grain storage capacity in the nation. Several states and Union Territories are presently participating in the pilot project implementation of this initiative. The plan calls for the construction of several agricultural facilities, such as processing units, fair-price stores, decentralized warehouses, and custom hiring centers.
  • In March 2022, a new corn storage facility in Romania was completed by the Silos Cordoba company. With a total capacity of 15,116 m3, the facility houses 43,779 m3 of flat bottom silos with lateral discharge, catwalks, supports, and automation systems in addition to cleaning, drying, and ventilation systems.

In conclusion, the grain storage silos market presents significant opportunities for growth and innovation, driven by rising agriculture production. While facing challenges such as fluctuation in material costs that negatively affect various industry verticals and huge investments in research and development for new and innovative production techniques, the industry is poised to capitalize on technological advancements and innovations to meet the needs of a growing global demand for grain storage silos market.

 

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