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Global Hoists Market Poised for Steady Growth: Reed Intelligence Forecasts 4.1% CAGR Through 2031

According to a new in-depth market analysis by Reed Intelligence, the Global Hoists Market is set to expand at a Compound Annual Growth Rate (CAGR) of approximately 4.1% during the forecast period from 2023 to 2031.

Key Highlights
Base Year / Forecast: The analysis uses 2023 as the base year and forecasts through to 2031, with the market growing at ~4.1% CAGR.

Largest Region: Asia-Pacific (APAC) emerges as the dominant region in the global hoists market.
Fastest Growing Region: APAC is also highlighted as the fastest-growing region, powered by rapid industrialization and infrastructure investments.

Largest Market Segmentation: By Type, Electric Hoists hold the largest share in the market.

Fastest Growing Segment: The Electric Hoists segment is also the fastest-growing, driven by automation and energy efficiency trends.

Get a Sample Report- https://reedintelligence.com/market-analysis/global-hoists-market/request-sample

Market Dynamics
Drivers:
The hoists market is being propelled by heavy investments in global construction and infrastructure development, as well as the rising demand for efficient and safe material handling solutions. Regulatory emphasis on safety standards further reinforces the need for modern hoist systems, making them indispensable across multiple industries.

Restraints & Challenges:
Nonetheless, the market faces headwinds. Economic uncertainties, fluctuations in raw material costs, and supply chain disruptions can hamper growth. In addition, navigating stringent regulations in different geographies can raise operational complexity for manufacturers.

Opportunities:
On the flip side, innovation is creating new avenues for growth. Automation, data analytics, and integrated lifting solutions (like smart hoists) are unlocking potential. The rise of electric and hybrid hoists, along with business models like rental and service offerings, is expected to spur demand and help companies expand into underserved markets.

Top Market Players
Some of the leading companies identified in Reed Intelligence’s report include:
Columbus McKinnon
Kito
Terex
Konecranes
Ingersoll Rand
TRACTEL
PLANETA
Hitachi
Kawasaki
TOYO
Imer International
Daesan
Endo Kogyo
Shanghai Yiying
Xi’an Liba
TBM
Zhejiang Wuyi Machinery
Beijing Lingying
Nanjing Jingming
Nucleon (Xinxiang)
DL Heavy
Mode
Cheng Day

Market Segmentation
The report breaks down the Hoists Market by:

Type
Manual Hoists
Electric Hoists
Air Hoists
Hydraulic Hoists

Application
Factories
Construction Sites
Marinas & Shipyards
Mining & Excavating Operations
Warehouse
Other Uses

Region
North America
Europe
Asia Pacific (APAC)
LAMEA (Latin America, Middle East & Africa)

About Reed Intelligence
Reed Intelligence is a market research firm that produces detailed reports on industrial sectors. Their Global Hoists Market report provides insights on market trends, competitive landscape, regional dynamics, and future opportunities.


For More Info - https://reedintelligence.com/market-analysis/global-hoists-market

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Global Milk Protein Concentrate Market Projected to Grow at 4.6% CAGR from 2023 to 2031

A new market intelligence report by Reed Intelligence reveals that the Global Milk Protein Concentrate (MPC) Market is poised for strong expansion over the coming years. According to the report, the market is expected to grow at a compound annual growth rate (CAGR) of approximately 4.6% during the forecast period from 2023 to 2031.

Key Highlights
Base Year & Forecast: The report uses 2023 as the base year and projects growth through 2031, with a CAGR of 4.6%.

Largest Region: North America continues to dominate the market, fueled by advanced dairy processing infrastructure and strong consumer demand.

Fastest-Growing Region: The Asia-Pacific (APAC) region is identified as the fastest growing, driven by emerging economies and a growing middle class.

Largest Segment (by Type): The 70–85% protein content MPC segment holds the highest share.

Fastest-Growing Segment: The >85% protein content MPC segment is projected to expand rapidly over the forecast period.

Free Sample Report- https://reedintelligence.com/market-analysis/global-milk-protein-concentrate-market/request-sample

Market Dynamics
Drivers
The primary growth drivers of the Milk Protein Concentrate market include a rising global demand for high-protein supplements and functional foods. Increasing consumer awareness around lactose intolerance is encouraging the adoption of MPC in various nutrition products. Additionally, food and beverage manufacturers are innovating with milk protein concentrates to develop value-added products in sports nutrition, infant nutrition, and personalized protein blends.

Restraints
On the flip side, the market faces challenges stemming from fluctuating raw milk prices and the high cost of processing. MPC production requires advanced filtration and drying technologies, which can be capital intensive. Supply chain volatility and regulatory complexities also pose constraints for smaller players, limiting their ability to compete.
Opportunities

Significant opportunities lie in expanding applications in nutrition and health sectors. The use of MPC in clinical nutrition, elderly nutrition, and functional food segments offers high-margin potential. Moreover, emerging markets in Asia-Pacific present lucrative growth avenues due to increasing health consciousness, urbanization, and rising disposable incomes.

Top Market Players
According to the report, key players operating in the global Milk Protein Concentrate market include:
Fonterra
Westland
Nutrinnovate Australia
Tatura
Darigold Ingredients
Idaho Milk
Erie Foods
Grassland
Glanbia
Kerry
Enka Süt
Paras

Segmentation
The report segments the global Milk Protein Concentrate market along the following lines:

By Type (Protein Content):
Content < 70%
Content 70%–85%
Content > 85%

By Application:
Dairy Products
Nutrition Products
Cheese Products
Others

By Region:
North America
Europe
Asia Pacific
LAMEA (Latin America, Middle East & Africa)

About Reed Intelligence
Reed Intelligence is a market research firm that provides in-depth analysis and insights on emerging trends, competitive landscapes, and growth opportunities across various industries.


#MilkProteinConcentrateMarket #MilkProteinConcentrate

Global Marine Deck Machinery Market Set to Grow at 3.5% CAGR through 2031, According to Reed Intelligence Report

A new in-depth report from Reed Intelligence reveals that the global Marine Deck Machinery market is poised for steady growth between 2023 and 2031, with a compound annual growth rate (CAGR) of approximately 3.5%.

Key Market Highlights
Base Year / Forecast Year & Market Size Growth: The analysis covers the period from 2023 (base year) to 2031 (forecast year), projecting healthy market expansion at 3.5% CAGR.

Largest Region: North America dominates, driven by its technologically advanced ecosystem and strong regulatory support.

Fastest-Growing Region: Asia-Pacific is expected to be the fastest-growing region, fueled by its booming shipbuilding sector and rising maritime infrastructure.
Largest Market Segment by Type: The winch segment holds the largest share in the market.

Fastest-Growing Segment by Application: The commercial ship application segment is anticipated to grow the fastest, thanks to increasing global trade and demand for cargo vessels.

Market Dynamics
Drivers
The global marine deck machinery market is being propelled by several strong growth factors. First, there's a surge in global maritime trade and the expansion of port and shipping infrastructure, which together spark demand for reliable deck machinery. Technological advancements such as automation, remote monitoring, and energy-efficient systems are helping manufacturers deliver more capable, safer, and more efficient equipment. Furthermore, stringent safety regulations in the maritime industry are pushing operators to upgrade their machinery, boosting the market’s overall momentum.

For More Info- https://reedintelligence.com/market-analysis/global-marine-deck-machinery-market/request-sample

Restraints and Opportunities
On the flip side, high capital costs associated with advanced deck machinery and retrofitting older vessels present a notable restraint. Many ship operators may delay investments due to the steep upfront costs and long payback periods. Nonetheless, opportunities abound: the shift toward smart, automated deck machinery (e.g., AI-enabled systems, remote diagnostics) and green technologies (such as electric capstans and winches) promises new growth avenues. These innovations can help shipowners reduce operating costs, improve safety, and comply with environmental regulations – creating lucrative potential for market players.

Leading Market Players
According to the report, key players driving the marine deck machinery market include:
Mitsubishi Heavy Industries
Rolls-Royce
Wartsila
Kawasaki Heavy Industries
Coastal Marine Equipment
Funz San Industry
MacGregor
Marine Equipments Pellegrini
PaR Systems
Rapp Marine
Towimor
AMGC
PALFINGER AG
TTS Group ASA
Kuan Marine Services
Markey Machinery
DMT Marine Equipment
China State Shipbuilding Corporation
China Shipbuilding Industry Corporation

Market Segmentation (by Region & Type / Application)

By Type:
Winch
Windlass
Capstan
Others

By Application:
Commercial Ship
Leisure Ship

By Region:
North America
Europe
Asia-Pacific
LAMEA (Latin America, Middle East & Africa)

About Reed Intelligence
Reed Intelligence is a leading provider of market intelligence reports, offering in-depth research across a wide range of industries including marine, infrastructure, and engineering. Their Global Marine Deck Machinery Market report provides critical insights on market share, competitive landscape, segment trends, regional dynamics, and future growth opportunities.

Global Serial USB Converters Market Projected to Grow at 6% CAGR from 2023 to 2031, Driven by Industrial Automation and IoT Adoption

A new market research report by Reed Intelligence reveals that the Global Serial USB Converters Market is on a strong upward trajectory. The market is expected to grow at a compound annual growth rate (CAGR) of approximately 6% over the forecast period from 2023 to 2031, powered by industrial automation, legacy equipment integration, and the surging demand for reliable connectivity via IoT.

For MoreInfo - https://reedintelligence.com/market-analysis/global-serial-usb-converters-market

Key Highlights
CAGR: ~6% between 2023 and 2031
Largest region: North America leads in terms of market strength and technological maturity.
Fastest-growing region: Asia Pacific (APAC), due to emerging economies, rising industrialization, and a growing middle class.
Segment by type (largest): Single converters dominate the market.
Segment by type (fastest-growing): Triple converters are projected to grow significantly.
Segment by application (largest and fastest): Industrial-grade converters are the most prominent and are expected to sustain the fastest growth.
Market Dynamics
Drivers:
The Serial USB Converters market is being driven by increasing industrial automation, which demands robust and reliable serial communication solutions. Legacy equipment in manufacturing and industrial settings relies on serial interfaces; converting these to USB enables modern connectivity without replacing expensive machinery. In parallel, the rapid adoption of the Internet of Things (IoT) fuels demand for dependable, low-latency serial-to-USB links.
Restraints & Opportunities:
However, the market faces several challenges, including economic uncertainties, regulatory complexities, and supply chain disruptions. Competitive pressures may drive down prices, limiting growth margins. On the other hand, significant opportunities lie in the development of wireless serial-USB solutions, cloud integration, and miniaturized, low-power converter designs tailored for niche verticals such as medical devices and scientific instrumentation.
Leading Market Players
Some of the top companies profiled in the report include:
VS Vision Systems GmbH
Contec
Brainboxes Limited
Rayon
Moxa Europe
Digi International
Omron
Utek Technology
Pixsys
Shenzhen 3onedata Technology
Wiretek
Nordfield Electronics
Dtech
Metz Connect
Market Segmentation
By Type
Triple
Combo
Single
By Application
Commercial-Grade
Industrial-Grade
By Region
North America (U.S., Canada)
Europe (U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, Rest of Europe)
Asia Pacific (China, Korea, Japan, India, Australia, Singapore, Taiwan, Southeast Asia, Rest of APAC)
LAMEA (Latin America, Middle East & Africa)
About Reed Intelligence
Reed Intelligence provides deep-dive market research and analysis across the technology and industrial sectors. Their reports offer a detailed view of market size, competitive landscapes, growth drivers, and future opportunities.


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