Growth Curve for Marine Shaft Power Meter Rises as Volume of Seaborne Trade Surges: Fact.MR

A thorough analysis conducted by Fact.MR, a leader of market research and competitive information, indicates that the market will grow at a 3.4% CAGR to reach a value of US$ 1.63 billion by the end of 2032. As a result, throughout the assessment period of 2022-2032, the market for ductile iron pipes in Europe is anticipated to create an absolute dollar opportunity of US$ 467.7 million.

An increase in the demand for natural resources and clean water is being caused by rapid urbanisation and expanding infrastructure development. Because new ductile iron pipes have better corrosion resistance, the oil and natural gas industry is upgrading its infrastructure and replacing old ductile iron pipes.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=1504?AS 

In addition, rapid urbanization is resulting in augmented demand for purified and hygienic water. The need to build underground infrastructure is also rising for upgrading PVC, HDPE, etc., to be replaced with ductile pipes. As such, varied applications of ductile iron pipes and the retrofitting rate of existing pipelines are likely to provide huge opportunities to ductile iron pipe suppliers in the European region.

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝗦𝘁𝘂𝗱𝘆

• High demand for marine shaft power meters in cargo carriers
• Growing demand for digital displays to fuel sales
• OEM sales channel to have major contribution to growth of market
• The United States to lead in the world's largest marine shaft power meter industry - North America
• Germany to dominate the world's second-largest market - Europe
• China to remain the most lucrative country in the world's fastest-growing market for marine shaft power meters - Asia Pacific
• France, Japan, India, the United Kingdom, Mexico, and a few other countries to maintain positive market outlooks throughout the forecast period

"With the global maritime industry coming back on its feet, requirement for marine shaft power meters is set to gain momentum over the coming years. Furthermore, rise in adoption in passenger vehicles, tankers, and container ships will contribute in raising the revenue of manufacturers," says a Fact.MR analyst.

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲

Competition in the global marine shaft power meter market is getting stronger with each passing year. In order to remain in key positions, market players are more frequently launching new products.

For instance,

VAF Instruments BV launched its new extensive range of shaft power thrust meters, shaft power torque meters, and others, in recent years.
Kyma A.S. launched its new Kyma Shaft Power Meter, an instrument for continuous measurement of torque, thrust, revolutions, and power on a rotating shaft, in 2019.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐫𝐨𝐧𝐭𝐫𝐮𝐧𝐧𝐞𝐫𝐬

Datum Electronics Limited
Shoyo Engineering Co., Ltd.
Trelleborg Marine Systems
Kongsberg Maritime
Hoppe Marine GmbH
VAF Instruments BV
Kyma A.S.
Aquametro Oil & Marine AG

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

• Application
o Passenger Vessels
o Cargo Carriers
o Tankers
o Container Ships
o Other Cargo Ships
o Other Vessels

• Display type
o Analogue
o Digital

• Sales Channel
o OEM
o Aftermarket

• Region
o North America
o Latin America
o Europe
o Middle East and Africa (MEA)
o East Asia
o South Asia
o Oceania

𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 & 𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝

• Analogue Marine Shaft Power Meter Company & brand share analysis: The report offers in-depth Analogue Marine Shaft Power Meter brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
• Analogue Marine Shaft Power Meter Historical volume analysis: The report offers a comparative analysis between historic sales of Analogue Marine Shaft Power Meter and projected sales performance for 2021-2031
• Analogue Marine Shaft Power Meter Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
• Analogue Marine Shaft Power Meter Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
• Post COVID consumer spending on Analogue Marine Shaft Power Meter: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬
https://www.factmr.com/connectus/sample?flag=RC&rep_id=1504?AS 

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