Machinery Coverage

Flexographic Printing Machine Market Definition And Segments

A flexographic printing machine, also known as a flexo press or flexo printer, is a high-speed printing press used in the printing industry for medium to long print runs, especially in label and packaging production. It utilizes flexible photopolymer printing plates to transfer images onto various surfaces efficiently. This printing technology finds widespread application across different sectors, including packaging (for labels, corrugated boxes, and flexible packaging), newspapers, magazines, and various product labeling needs due to its versatility, speed, and capability to print on diverse substrates. The main types of flexographic printing machines are stack press, in-line press, unit common impression cylinder press, and other types. The stack press is a flexographic printing machine that arranges its printing units vertically, allowing for efficient color changes and maintenance. By technology, the market is divided into semi-automatic and automatic machines with printable substances such as polyethylene, paper, and other printable substances. By application, it encompasses labels, packaging, print media, and other applications. The flexographic printing machine market covered in this report is segmented – 1) By Type: Stack Press, In-line Press, Unit Common Impression Cylinder Press, Other Types 2) By Technology: Semi-Automatic, Automatic 3) By Printable Substance: Polyethylene, Papers, Other Printable substances 4) By Application: Labels, Packaging, Print Media, Other Applications The flexographic printing machine market size has grown strongly in recent years. It will grow from $0.69 billion in 2023 to $0.72 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to advancements in printing technology, cost-effectiveness, increasing demand for packaging, environmental concerns, globalization, and market expansion. The flexographic printing machine market size is expected to see strong growth in the next few years. It will grow to $0.90 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to digitalization and industry 4.0 integration, customization and personalization demands, sustainability initiatives, and emerging markets. Major trends in the forecast period include hybrid printing solutions, increased automation, and robotics, focus on operational efficiency, expansion of applications, development of sustainable inks and substrates, and integration of IoT and connectivity.

Increasing Packaging Industry Is Driving Growth In The Flexographic Machines Market

The growing packaging industry is expected to propel the growth of the flexographic machines market going forward. Packaging refers to designing, producing, and distributing materials and containers for enclosing, protecting, and delivering products to consumers. The packaging industry is growing due to the rapid rise of e-commerce, changing consumer preferences, and health and safety concerns. Flexographic machines print on various packaging materials, such as paper, cardboard, plastic films, and flexible packaging materials. For instance, in August 2022, according to the Flexible Packaging Association (FPA), a US-based industry association representing manufacturers and suppliers in the flexible packaging industry, the packaging industry in the U.S. increased from $34.8 billion in 2020 to $39 billion in 2021. Therefore, the increasing packaging industry is driving the growth of the flexographic machines market. Major companies operating in the flexographic printing machine market are Bobst Group SA, Star Flex International, Shanghai Printyoung International Industry Co., Ltd., Wenzhou Daba Machinery Co., Ltd., BFM S.r.l., Paper Converting Machine Company (PCMC), Koenig & Bauer Flexotecnica S.p.A., UTECO Converting S.p.A., Comexi Group Industries S.A.U., Mark Andy Inc., MGI Digital Graphic Technology S.A., Nilpeter A/S, Rotatek S.A., Karlville Development LLC, Edale Limited, OMET S.r.l., Labelmen Machinery Co., Ltd., Polygraph Limited, Advanced Vision Technology Ltd. (AVT), ETI Converting Equipment Inc., MBO Postpress Solutions GmbH, SPS Technoscreen Ltd., TRESU Group, Orthotec LLC, Pamarco Global Graphics

Technological Advancement In Response To Customer Demand

Major companies operating in the flexographic printing machine market are focusing on developing Flat-top dot technology, such as nyloflex FTV Digital plate, to strengthen their position in the market. nyloflex FTV Digital plate is backed with Flat-top dot technology printing method that produces uniform and consistent ink dots with flat, level surfaces, enhancing print quality and detail. For instance, in March 2023, XSYS, a US-based company that specializes in the flexographic printing industry, launched the nyloflex FTV Digital plate for high-end flexible packaging, developed with inherent flat-top dot technology and a smooth plate surface, designed for flexographic printing on film substrates with solvent inks. It offers exceptional print quality with fine highlight dots optimized for bank and LED exposure. The new formulation reduces plate swelling, resulting in less waste and more extended durability on the press. It achieves high consistency and repeatability, is suitable for optional surface screenings, and is compatible with ThermoFlexX Woodpecker patterns and LED UV-A light technology.

Oasis Flower Plant For Plastic Enhances Printing Capabilities With Acquisition Of Comexi F2 MB Flexographic Press

In September 2022, Oasis Flower Plant for Plastic, a Saudi-Arabia-based provider of PET preforms and HDPE closures, acquired Comexi F2 MB flexographic press for an undisclosed amount. With the acquisition, Oasis Flower Plant for Plastic aimed to elevate its printing capabilities and fulfill the varied needs of its clientele, with a particular focus on the beverage sector. Comexi is a Spain-based printing machine manufacturer that offers technologies for flexible packaging printing, including flexographic printing, offset printing, and digital printing. Asia-Pacifica was the largest region in the flexographic printing machine market in 2023 The regions covered in the flexographic printing machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the flexographic printing machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The flexographic printing machine market consists of revenues earned by providing services such as corrugated packaging, cartons, and flexible packaging services. The market value includes the value of related goods sold by the service provider or included within the service offering. The flexographic printing machine market also includes sales of water-based inks, solvent-based inks, and energy-curable inks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The flexographic printing machine market research report is one of a series of new reports from The Business Research Company that provides flexographic printing machine market statistics, including global market size, regional shares, competitors with market share, detailed market segments, market trends, opportunities, and any further data you may need to thrive in the flexographic printing machine industry. This flexographic printing machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Precision Turned Product Manufacturing Market Definition And Segments

Precision turned product manufacturing refers to the process of creating precise and intricate components through the use of turning machines, which remove material from a workpiece to produce the correct form, size, and finish. It is often performed using computer numerical control (CNC) machines, which precisely control cutting tool movement to provide accurate and consistent results. The main types of precision turned product manufacturing are automatic screw machines, rotary transfer machines, computer numerical control (CNC), and lathes or turning centers. Automatic screw machines refer to precision machining tools that automate the process of manufacturing turned parts. It can be operated by manual operation or CNC (computerized numerical control) operation, and it is used by several end users, including automobiles, electronics, defense, and healthcare. The precision turned product manufacturing market covered in this report is segmented – 1) By Type: Automatic Screw Machines, Rotary Transfer Machines, Computer Numerically Controlled (CNC), Lathes Or Turning Centers 2) By Operation: Manual Operation, CNC Operation 3) By End User: Automobile, Electronics, Defense, Healthcare The precision turned product manufacturing market size has grown strongly in recent years. It will grow from $96.51 billion in 2023 to $102.97 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to increasing demand for high-precision component, globalization and outsourcing, innovation in materials, emphasis on cost efficiency. The precision turned product manufacturing market size is expected to see strong growth in the next few years. It will grow to $134.34 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to demand for sustainable manufacturing, rapid prototyping, additive manufacturing, supply chain resilience, regulatory compliance and Industry standards. Major trends in the forecast period include digital transformation, additive manufacturing Integration, customization and personalization, reshoring and localization.

Impact Of Growing Aerospace Industry On The Precision Turned Product Manufacturing Market

The growing aerospace industry is expected to propel the growth of the precision-turned product manufacturing market going forward. The aerospace industry refers to the sector involved in the design, manufacturing, and maintenance of aircraft, spacecraft, and related systems. The aerospace industry is experiencing growth due to increasing global investments in military aircraft and defense systems to enhance national security and respond to evolving threats. Precision-turned product manufacturing is used to produce high-quality components with tight tolerances essential for safety and performance in aerospace systems. Precision-turned products improve aerospace systems' overall efficiency and functionality, enabling smoother operation, fuel efficiency, and decreased maintenance requirements. For instance, in November 2022, according to a report published by the Aerospace Industries Association, a US-based trade association, aerospace industry revenue in 2021 grew by 2.1% to $892 billion, while aerospace and defense exports increased by 11.2% to $100.4 billion between 2020 and 2021. Therefore, the growing aerospace industry is driving the growth of the precision turned product manufacturing market. Major companies operating in the precision turned product manufacturing market are Stanley Black & Decker Inc., Parker Hannifin Corporation, Doosan Corporation, Sandvik AB, NSK Ltd., FANUC Corporation, Moog Inc., DMG MORI Co. Ltd., Kennametal Inc., Barnes Group Inc., Gleason Corporation, Haas Automation Inc., Tsugami Corporation, Hardinge Inc., Tompkins Products Inc., Hurco Companies Inc., Tornos Holding AG, Creed Monarch, Greystone of Lincoln, Brother Industries Ltd., Mahr GmbH, Alpha Grainger Mfg, Herker Industries, Hydromat Inc., Swiss Precision Machining Inc.

Introducing Advanced Solutions In Precision Turned Product Manufacturing

Major companies operating in the precision turned product manufacturing market are developing advanced solutions, such as a 2-axis vertical turning lathe, to provide a standard solution for machining and unmatched accuracy. A 2-axis vertical turning lathe, also known as a vertical turret lathe (VTL), is a type of machine tool used for the machining of cylindrical workpieces. For instance, in November 2023, WIDMA Machining Solutions, an India-based manufacturer of metalworking tools, launched the VT850 vertical turning lathe, a precision machining tool used for turning, drilling, and threading operations on large workpieces. The VT850 features heavily ribbed FEA (Finite Element Analysis)-optimized structures made of FG300 cast iron, enhancing rigidity and vibration dampening during operations. This tool is designed to enhance the company's standard product portfolio, improve turnaround time for customers, and ensure consistent performance. Additionally, key features of the VT850 include a double row cylindrical roller bearing, enhancing the spindle’s stiffness and rigidity.

Helio Technologies Expands Precision Manufacturing Portfolio With Acquisition Of Schulte's Precision Manufacturing

In January 2023, Helio Technologies, a US-based industrial manufacturing company, acquired Schulte’s Precision Manufacturing Inc. for an undisclosed amount. Through this acquisition, Helio Technologies aims to broaden their product offerings, strengthen their position in the precision manufacturing sector, and provide profitable engineering services for customer-specific solutions beyond their current product offerings. Schulte’s Precision Manufacturing Inc. is a US-based high-precision specialist in CNC (Computerized Numerical Control) milling, lathe turning, Swiss machining, and assembly. North America was the largest region in the precision turned product manufacturing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the precision turned product manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the precision turned product manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The precision turned product manufacturing market consists of sales of precision shafts, fasteners, threaded components, hydraulic components. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The precision turned product manufacturing market research report is one of a series of new reports from The Business Research Company that provides precision turned product manufacturing market statistics, including precision turned product manufacturing industry global market size, regional shares, competitors with a precision turned product manufacturing market share, detailed precision turned product manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the precision turned product manufacturing industry. This precision turned product manufacturing market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Robotic Refueling System Market Definition And Segments

Robotic refueling systems refer to automated systems that refuel vehicles or machinery without human interaction, primarily used in industries where efficiency, safety, and precision are critical. This system comprises robotic arms equipped with specialized tools, sensors, and software algorithms to precisely locate and connect fuel nozzles to vehicles or machinery for proper fueling procedures. The main components of robotic refueling system components are hardware and software. Hardware pertains to the tangible components of a computer system or any electronic device. It is focused on enhancing satellite servicing capabilities and facilitating extended deep space exploration missions. It can pump various fuels, including gasoline, natural gas, petrochemicals, and others, and includes several payload-carrying capacities, such as up to 50 kg, 50.01-100.00 kg, and 100.01-150.00 kg. It is used by different end-user industries such as automotive, aerospace, construction, marine and shipping, mining, military and defense, oil and gas, warehouse and logistics, and others. The robotic refueling system market covered in this report is segmented – 1) By Component: Hardware, Software 2) By Fuel Pumped: Gasoline, Natural Gas, Petrochemicals, Other Fuels Pumped 3) By Payload-Carrying Capacity: Up To 50 Kg, 50.01-100.00 Kg, 100.01-150.00 Kg 4) By End User: Automotive, Aerospace, Construction, Marine And Shipping, Mining, Military And Defense, Oil And Gas, Warehouse And Logistics, Other End Users The robotic refueling system market size has grown exponentially in recent years. It will grow from $0.27 billion in 2023 to $0.41 billion in 2024 at a compound annual growth rate (CAGR) of 51.7%. The growth in the historic period can be attributed to surge in robotics demand, growing demand for automation, increased safety concerns, need for efficient fuel dispensation, increase in service centers by robotic refueling system vendors. The robotic refueling system market size is expected to see exponential growth in the next few years. It will grow to $2.20 billion in 2028 at a compound annual growth rate (CAGR) of 52.1%. The growth in the forecast period can be attributed to rise in the production of oil and gas, rising need for enhanced security, increasing demand for minimum-cost operations in mining, rising adoption of autonomous haulage trucks, rapid surge in globalization and industrialization. Major trends in the forecast period include adoption of autonomous technology, product innovations, increasing number of strategic collaborations, technological advancements, incorporation of innovations and modifications in existing products by robotic manufacturers.

Impact Of Oil And Gas Production Growth On The Robotic Refueling System Market

The increase in oil and gas production is expected to propel the growth of the robotic refueling system market going forward. Oil and gas refer to hydrocarbons, naturally occurring substances in rocks in the earth's crust. The increase in oil and gas production is driven by technological innovation, market forces, geopolitical dynamics, and regulatory frameworks that shape the global energy landscape. Robotic refueling systems help minimize downtime by streamlining the refueling process, ultimately enhancing overall productivity in oil and gas production. For instance, according to the Energy Information Administration (EIA), a principal agency of the U.S. Federal Statistical System, in 2023, crude oil production in the United States was an average of 12.4 million barrels per day (b/d) and is forecast to increase to 12.8 million b/d in 2024. Therefore, the rise in oil and gas production is driving the growth of the robotic refueling system market. Major companies operating in the robotic refueling system market are The Boeing Company, Airbus S.A.S, ABB Ltd., Neste Oyj, Fanuc Corporation, KUKA AG, Stäubli Ltd., Plug Power Inc., Scott Technology Ltd., Shaw Development LLC, Husky Corporation, Balyo SA, Imenco AS, Gazpromneft-Aero, Orbit Fab Inc., Aerobotix Inc., Tatsuno Corporation, Stratom Inc., Rotec Engineering B.V., Mine Energy Solutions Pty Ltd., Fuelmatics AB, Autofuel AB, Green Fueling Inc., Wilder Systems Inc., Simon Group Holding

Innovative Solutions In The Robotic Refueling System Market

Major companies operating in the robotic refueling system market are focused on developing autonomous refueling systems such as RAPID to better serve customers with advanced features. RAPID is an autonomous refueling system that enables vehicles or aircraft to refuel without human intervention. For instance, in August 2022, Stratom Inc., a US-based manufacturer of autonomous robotic systems, launched RAPID, an autonomous system for refueling, recharging, and liquid transfer in challenging environments. RAPID is designed for both autonomous and human-operated scenarios. It enables remote operation from a safe distance and eliminates the need for vehicle operators to exit their vehicles during refueling, enhancing efficiency and safety.

Madison Dearborn Partners Acquisition Ignites Strategic Growth For Shaw Development

In October 2023, Madison Dearborn Partners LLC, a US-based private equity firm, acquired Shaw Development for an undisclosed amount. With this acquisition, Madison Dearborn will enhance its presence in the fluid management solutions sector, particularly by focusing on advanced technologies such as robotic refueling systems and expanding its capabilities in robotic refueling systems. Shaw Development LLC is a US-based fluid management systems company providing robotic refueling systems in various industries. North America was the largest region in the robotic refueling system market in 2023. The regions covered in the robotic refueling system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the robotic refueling system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The robotic refueling systems market consists of revenues earned by entities by providing services such installation and integration services, customization and configuration, maintenance and support contracts, remote monitoring and diagnostics, and consulting and advisory services. The market value includes the value of related goods sold by the service provider or included within the service offering. The robotic refueling systems market includes sales of fuel pumps, fuel handling equipment and robotic arms. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The robotic refueling system market research report is one of a series of new reports from The Business Research Company that provides robotic refueling system market statistics, including robotic refueling system industry global market size, regional shares, competitors with a robotic refueling system market share, detailed robotic refueling system market segments, market trends and opportunities, and any further data you may need to thrive in the robotic refueling system industry. This robotic refueling system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Portable Fire Extinguisher Market Definition

A portable fire extinguisher is a piece of equipment designed to extinguish a fire. It functions by releasing an extinguishing agent that cools the fuel, removes or displaces the oxygen, or stops the chemical reaction that causes the fire. This equipment is used for controlling or extinguishing small fires, often in emergency situations. Portable fire extinguishers are essential safety tools found in a variety of settings, including residential, industrial and commercial spaces. They are commonly used to address initial fire outbreaks before they escalate into larger, unmanageable fires, thereby playing a crucial role in fire safety and prevention. The portable fire extinguisher market consists of sales of portable fire extinguishers by entities (organizations, sole traders or partnerships) that manufacture portable fire extinguishers.

Industrial Fans And Blowers Market Definition

Industrial fans and blowers are critical components in various industrial processes, serving the primary function of providing enhanced airflow or gas movement in specific environments. These devices are used across a wide range of industries to support ventilation, cooling, drying, particulate transport and exhaust systems. industrial fans and blowers are designed to move large volumes of air or gas, with industrial fans typically generating a flow using blades that rotate about an axis, while blowers use impellers to produce a high-pressure airflow. The industrial fans and blowers market consists of sales of industrial fans and blowers by entities that manufacture these devices. These devices play a pivotal role in ensuring operational efficiency, safety and compliance with environmental standards within various industries by controlling and improving air quality, regulating temperature and removing unwanted particles and gases from the air. industrial fans and blowers are utilized in processes where the need for air or gas movement is paramount.

Agricultural Implement Market Definition

An agricultural implement refers to any tool or device that is used in farming or agricultural activities to perform specific tasks related to cultivation, planting, harvesting or other agricultural processes. These implements are designed to make various tasks more efficient and manageable for farmers, ultimately contributing to increased productivity in agriculture. Agricultural implements can range from simple hand tools to complex machinery, depending on the scale of farming and the specific tasks involved. The agricultural implement market consists of sales of farm machinery and equipment, lawn and garden tractors and home lawn and garden equipment by entities (organizations, sole traders or partnerships) that produce agricultural implements. The market includes agriculture and farm machines such as tractors, cotton ginning machinery, feed processing equipment, fertilizing machinery (farm-type), haying machines, milking machines, planting machines (farm-type), plowing equipment, combines (harvesting threshers), poultry brooders, feeders and waterers, push lawn mowers, ride-on mowers, snow blowers and throwers (residential-type) and attachments (lawn and garden-type and farm-type), garden tools and autonomous farm equipment.

Dispensing Pharmacy Packaging Machine Market Definition

Dispensing pharmacy packaging machines are advanced machines that reduce drugs dispensing time and serve customers quickly and with efficiency. Dispensing pharmacy packaging machines are medication distribution systems that provide computer-controlled storage, dispensing, packaging and distribution of medicines. The dispensing pharmacy packaging machines, with the help of the programmed working process, latest technologies and sensors, accomplish their tasks. Such machines are capable of enhancing efficiency, reducing overall costs, real-time data processing and decreasing the margin of error. The dispensing pharmacy packaging machine market consists of sales, by entities (organizations, sole traders and partnerships), of dispensing pharmacy packaging machines that are used in preparing medications and nutraceuticals for secure distribution. It is an automated system that helps in positioning medications properly to preserve their quality and improve their overall appearance.

Automatic Garage Door Operator Market Definition And Segments

An automatic garage door operator refers to a motorized device installed in a garage that enables the automatic opening and closing of the garage door. The primary uses of automatic garage door operators is to provide convenience to homeowners. The users can operate the garage door by pressing a button on a remote control or keypad rather than manually opening and closing it, which can be heavy and burdensome. The main types of openers used by automatic garage door operators are screw drives, chain drives, belt drives, and others. A screw drive garage door opener is a type of automatic garage door operator that operates the garage door using a threaded steel rod. The types of sensors used include infrared sensors and photoelectric sensors. The controller types are Wi-Fi and Bluetooth. The installation types include new construction and replacement. They are used by end users, such as residential and commercial. The automatic garage door operator market covered in this report is segmented – 1) By Opener Type: Screw Drive, Chain Drive, Belt Drive, Other Opener Types 2) By Sensor Type: Infrared Sensor, Photoelectric Sensor 3) By Controller Type: Wi-Fi, Bluetooth 4) By Installation Type: New Construction, Replacement 5) By End User: Residential, Commercial The automatic garage door operator market size has grown strongly in recent years. It will grow from $2.57 billion in 2023 to $2.75 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to urbanization, increasing number of vehicles, home automation trends, rising disposable income, growing awareness of security concerns. The automatic garage door operator market size is expected to see strong growth in the next few years. It will grow to $3.41 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to advancements in IoT and connectivity, adoption of smart home technologies, expansion of construction industry, aging population and accessibility needs, regulatory changes promoting energy efficiency. Major trends in the forecast period include integration with home security systems, emergence of AI-powered features, growth of subscription-based services, customization and personalization options, sustainable and eco-friendly solutions.

Rise Of Automatic Garage Door Operators In The Expanding Construction Industry

The growing construction industry and residential building projects are expected to propel the growth of the automatic garage door operator market going forward. The construction industry encompasses various sectors, with residential buildings specifically focusing on the construction of homes, apartments, and other dwellings intended for human habitation. They are on the rise due to urban development, infrastructure expansion, economic growth, and targeted government initiatives. An automatic garage door operator enhances construction efficiency by enabling quick, secure, and remote access to buildings and storage areas, streamlining operations and improving safety. For instance, in January 2024, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, US-based government agencies, in 2023, there was a 4.5% increase in the completion of housing units, with a total of 1,452,500 units finished, up from 1,390,500 units in 2022. Therefore, the growing construction industry and residential building projects are driving the automatic garage door operator market. Major companies operating in the automatic garage door operator market are Assa Abloy AB, Dormakaba Holding AG, Ryobi Limited, Overhead Door Corporation, Chamberlain Group LLC, Nortek Security & Control LLC, Novoferm GmbH, Hörmann International GmbH, GEZE GmbH, Clopay Corporation, CAME S.p.A., Stanley Access Technologies, FAAC SPA, Garaga Inc., Raynor Garage Doors, SOMMER Antriebs- und Funktechnik GmbH, Skylinkhome, Nabco Ltd., GfA Elektromaten GmbH, Marantec GmbH & Co. KG, Superlift Garage Door Openers Pty. Ltd., Gryphon Garage Doors, Guardian Access & Door Hardware, Dalian Seaside Co. Ltd., Kruzik s.r.o

Overhead Door Corporation Launches Innovative Legacy 850 Garage Door Opener

Major companies operating in the automatic garage door operator market are focused on developing innovative products such as the Legacy 850 Models 2129L and 2129BL to hold significant positions in the market. It features a 24V DC motor with adjustable speeds for efficient and quiet operation, making it an excellent choice for a garage door opener. For instance, in March 2023, Overhead Door Corporation, a US-based company that specializes in residential and commercial door systems, launched the Legacy 850 Models 2129L and 2129BL. The Legacy 850 Models 2129L and 2129BL are garage door opener models that come standard with integrated OHD Anywhere Wi-Fi and smartphone control capabilities, as well as battery backup. These models provide users with advanced features for convenient and secure operation of their garage doors. The Legacy 850 garage door opener is designed to offer reliability, power, and quiet operation, making it suitable for most residential sectional garage doors weighing up to 500 lbs

Blackstone Enhances Its Portfolio With Chamberlain Group's Smart Building Technologies

In November 2021, Blackstone, a US-based private equity company, acquired The Chamberlain Group LLC for $5 billion. With this acquisition, Blackstone's investment is expected to provide Chamberlain Group with additional resources and expertise to scale its software-based and connected services business into new markets. The Chamberlain Group LLC is a US-based company that manufactures smart building products, including garage door openers. North America was the largest region in the automatic garage door operator market in 2023. The regions covered in the automatic garage door operator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automatic garage door operator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. The automatic garage door operator market consists of sales of motors, sensors, and remote controls. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The automatic garage door operators market research report is one of a series of new reports from The Business Research Company that provides automatic garage door operators market statistics, including automatic garage door operators industry global market size, regional shares, competitors with a automatic garage door operators market share, detailed automatic garage door operators market segments, market trends and opportunities, and any further data you may need to thrive in the automatic garage door operators industry. This automatic garage door operators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.