Interest rates set to rise to 13-year high as bank grapples with out of control inflation
Higher adoption of customized-automated material handling solution based upon niche specifications in various end-use industries and rising demand for handling larger volumes of goods are the driving factors that are expected to boost the conveyor system market.
New York, June 15, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Conveyor System Market by Industry, Type Component, Operation & Region - Global Forecast to 2027" - https://www.reportlinker.com/p05026087/?utm_source=GNW The constant investments in R&D by conveyor system manufacturers accompanied with growing supply chain network is to fuel the demand for conveyor solution in the forecast period. • By industry, retail & distribution is expected to be the largest market owing to increase in e-commerce The retail & distribution industry has expanded in recent years owing to various reasons, such as the increase in online shopping, changing lifestyles, rising working-class population, and relaxations in government regulations, such as FDIs.These factors have fuelled the growth of supermarket/hypermarket chains and distribution centres. Similar trends are being observed in emerging countries where the retail industry is growing and creating new avenues for supermarket/hypermarket giants, majorly due to the rise in the adoption of e-commerce platforms. According to the United Nations Industrial Development Organization, consumption of goods in developed countries is expected to rise to approximately USD 30.0 trillion by 2025. This is expected to increase the penetration of industrial automation and the requirement for efficient material handling systems. By type, belt conveyor is projected to be the largest and one of the fastest growing markets during the forecast period Belt conveyors can handle higher capacities at a significantly lower cost per ton kilometer and cover longer distances easily and economically than other conveyors.The belt conveyor can be used for special purposes such as fire resistance, wear resistance, corrosion resistance, and high angle negotiation and integrated with other equipment. It can be used in combination with other conveyors in various industries, such as retail, food & beverage, and airport. Due to its flexibility and use in various industries, the demand for belt conveyors is estimated to be the highest during the forecast period. Asia Pacific is projected to be the fastest growing market during the forecast period. The market’s growth in Aisa Pacific is aided by rising demand for conveyors in industries such as manufacturing, automotive, and e-commerce.Manufacturing is one of Asia Pacific’s important economic pillars, and it is undergoing fast transition. Low-cost manufacturing enterprises, such as automotive and electronics manufacturers, are reportedly shifting to Southeast Asia to decrease costs, which is predicted to enhance conveyor use.Natural resources and their acquisition provide major market prospects for conveyors in the region, which automate process flow. The broad landscape provides new opportunities for logistics companies to introduce conveyors to help materials transition more smoothly.Conveyors and sortation systems are in high demand in the airport, post and parcel, and warehousing sectors. Furthermore, the manufacturing industry has seen an increase in demand for an automatic sortation system integrated across the conveyor belt, which lowers the error rate and so improves the overall efficiency of the general warehouse logistic module, removing any associated supervision and loss. Breakdown of Primaries In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market. • By Stakeholder: Demand-side- 30%, and Others 70% • By Designation: C Level 20%, D Level -20%, and Others -60% • By Region: North America - 20%, Europe - 20%, and Asia Pacific - 60% Daifuku Co., Ltd. (Japan), Continental AG (Germany), Siemens AG (Germany), Fives Group (France) and Metso Outotec (Finland) are some of the leading manufacturers of conveyor system in the global market. Study Coverage: This study segments the conveyor system market and forecasts the market size based on type [belt, roller, pallet, overhead, tri planar, bucket, floor, cable, crescent, and others (gravity, chain, and vertical)]; operation (manual, automatic, and semi-automatic); component [aluminum profile (conveyor belt support), driving unit (motor bracket, counter-bearing, and electrical drive), and extremity unit (pulley and clamping strap)]; airport industry, by conveyor type (belt, tri-planar, crescent, and others); automotive industry, by conveyor type (overhead, floor, roller, and others); retail & distribution industry, by conveyor type (belt, roller, pallet, and others); electronics industry, by conveyor type (belt, roller, and others); mining industry, by conveyor type (belt, cable, bucket, and others); food & beverage industry, by sub-industry (meat & poultry, dairy, and others); and region (North America, Asia Pacific, Europe, and Rest of the World). The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. Key Benefits of Buying the Report: The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall conveyor system market and the sub-segments.This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market’s pulse and provides them information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p05026087/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
The Chancellor has indicated he might extend the levy tax to some wind power generators, among others.
Global Ecotourism Market Global Ecotourism Market Dublin, June 14, 2022 (GLOBE NEWSWIRE) -- The "Global Ecotourism Market (2022-2027) by Type, Travel Type, Sales Channel, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Ecotourism Market is estimated to be USD 270.41 Bn in 2022 and is projected to reach USD 526.16 Bn by 2027, growing at a CAGR of 14.24%.Market Dynamics Market dynamics are forc
The golf equipment market is expected to register a CAGR of 2. 73% during the forecast period (2021 - 2026). The COVID-19 has negatively impacted the golf equipment market because of the nationwide lockdown and social distancing norms.New York, June 14, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Golf Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" - https://www.reportlinker.com/p06241295/?utm_source=GNW Golf is mostly being pla
Global Walking Aids Market Global Walking Aids Market Dublin, June 15, 2022 (GLOBE NEWSWIRE) -- The "Walking Aids Market Size, Share & Trends Analysis Report by Type (Rollators, Others), by Region (North America, Europe, Asia Pacific, Latin America, MEA), and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering. The global walking aids market size is expected to reach USD 4.2 billion by 2030 at a CAGR of 7.1%. The market is expected to witness significant grow
European countries will consider providing temporary granaries to Ukraine, which faces a shortage of silos for new grain crop, Ukrainian agriculture ministry said on Tuesday. Ukrainian agriculture minister earlier told Reuters in an interview that in autumn when the corn harvest is over, the shortage of storage capacity could reach up to 15 million tonnes. "We have an urgent need to equip temporary grain storages - modular structures and plastic bags," the ministry quoted deputy minister Markiyan Dmytrasevych as saying.
A Dutch company is starting deliveries of the world’s first commercial solar car this year, potentially ramping up competition in the auto industry’s race to net zero.
PARIS (Reuters) -Airbus is poised to stage the maiden flight of its A321XLR jetliner - a major milestone in the race to improve the range of narrowbody jets - but it is struggling to pin down key certification and delivery dates, industry sources said. Airbus says the A321XLR can fly 4,700 nautical miles (8,700 km), 15% further than its most capable current narrowbody jet, allowing airlines to serve routes like New York-Rome, Houston-Santiago or Tokyo-Sydney without the cost of a big twin-aisle. But Airbus faces questions from regulators over the risk of fire in the event of a belly landing and has been forced to delay the entry to service by at least three months to early 2024 to allow part of the lower fuselage to be modified.
Asian stocks stumbled and the dollar regained its footing on Thursday as investors continued to digest the impact of surging inflation and an aggressive policy tightening outlook from global central banks. Stock futures in Europe pointed to a slightly higher open, with pan-region Euro Stoxx 50 futures and German DAX futures up about 0.4% a day after the European Central Bank promised fresh support to temper a bond market rout. FTSE futures were down 0.1% ahead of an expected rate rise by the Bank of England aimed at tackling inflation.
Global Smart Beacon Market Global Smart Beacon Market Dublin, June 14, 2022 (GLOBE NEWSWIRE) -- The "Global Smart Beacon Market (2022-2027) by Beacon Standard, Connectivity Service, Offerings, End Use, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Smart Beacon Market is estimated to be USD 17 Bn in 2022 and is projected to reach USD 148.98 Bn by 2027, growing at a CAGR of 54.36%.Market Dyna
It comes after the Manchester-based company tumbled into insolvency last month.
The Insurance Fraud Bureau has highlighted some areas it says have been targeted by crash for cash gangs in the past 12 months.
Physical Security Market – Scope of Report A latest study collated and published analyzes the historical and present-day scenario of the global physical security market, to accurately gauge its potential future development.New York, June 15, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Physical Security Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031" - https://www.reportlinker.com/p06282948/?utm_source=GNW The study prese
LONDON (Reuters) -Relief swept over battered euro zone bond markets on Wednesday as the European Central Bank said it would skew reinvestments of maturing debt to help more indebted members and will devise a new instrument to stop excessive widening of yield spreads. Just this month alone, Italian 10-year bond yields have soared almost 100 basis points (bps). For now, signs of an ECB plan taking shape bolstered bond markets which had already rallied on news that a rare, unscheduled meeting would take place on Wednesday.
The plans would involve the Government topping up and expanding the Energy Company Obligation scheme.
PARIS (Reuters) -European Central Bank policymaker Klaas Knot told French newspaper Le Monde in an interview published on Tuesday that the ECB's options for a September interest rate hike were not limited to 50 basis points. Knot added that interest rates were likely to rise again in October and December.
In October, the group, which owns brands including Cult Beauty and Lookfantastic, said it would hire an independent chair.
Gazprom on Wednesday announced a further cut in the amount of gas it can pump through the Nord Stream 1, meaning the pipeline will run at just 40% capacity. "It would significantly worsen our situation," regulator chief Klaus Mueller told the Rheinische Post daily.
Global Analgesics Market Global Analgesics Market Dublin, June 15, 2022 (GLOBE NEWSWIRE) -- The "Analgesics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global analgesics market reached a value of US$ 49.02 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 64.59 Billion by 2027, exhibiting a CAGR of 4.5% during 2022-2027. Keeping in mind the uncertainties of C
The A G Barr (LON:BAG) share price is currently trading at 518p. But given the uncertain economic outlook, the question now is what the future holds for it. To...
The euro zone's trade deficit almost doubled in April from the previous month after an already record expansion in March, and industrial production increased over the same period on the month, official data showed on Wednesday. The European Union's statistics office Eurostat said the 19 countries sharing the euro recorded a trade deficit, unadjusted for seasonal swings, of 32.4 billion euros in April compared with a 16.4 billion euro deficit in March. Adjusted for seasonal swings, the euro zone trade gap was 31.7 billion euros.