Global Ventilation, Heating, Air-Conditioning, And Commercial Refrigeration Equipment Manufacturing Market

Autonomous Construction Equipment Market Definition

The autonomous construction equipment market consists of sales of autonomous construction equipment by entities (organizations, sole traders and partnerships) that manufacture autonomous construction equipment which works on wireless communication technologies, by communicating with radio signals from other equipment receiving commands. The equipment includes sensors such as lidar and cameras in order to recognize humans and obstacles, and the system also uses geofencing to keep machinery within the construction sites. This type of equipment assures benefits such as improved safety, increased productivity, and reduced unscheduled maintenance. The market consists of revenue generated by the companies that are manufacturing autonomous construction equipment by the sales of these products. Autonomous construction equipment reduces employees’ exposure to hazards and risks associated with operating heavy equipment, such as fatigue-related incidents, sprains and other soft-tissue injuries, and noise and dust exposure. Autonomous construction equipment operates at different levels between 1 and 5 of automation and autonomous operation. Level 1 include limited operation support, level 2 include advanced operation support, level 3 include advanced solo automation, level 4 include advanced collaborative autonomous operation, and level 5 include advanced decision making autonomous operation.

Autonomous Agriculture, Construction, And Mining Machinery Market Definition

The autonomous agriculture, construction, and mining machinery market consists of sales of autonomous agriculture, construction, and mining machinery by entities (organizations, sole traders or partnerships) that are engaged in manufacturing autonomous machinery and vehicles which function with minimal human intervention and work on wireless communication technologies, by communicating with radio signals from other equipment receiving commands. The equipment includes sensors such as Light Detection and Ranging (LiDAR) and cameras to recognize humans and obstacles in order to perform a task autonomously. This type of equipment assures benefits such as improved efficiency and productivity, reduced errors, improved safety, and reduced unscheduled maintenance, as these machines send abnormalities to user through connected devices.

Commercial Fan And Air Purification Equipment Market Definition

The commercial fan and air purification equipment market consists of sales of commercial fan and air purification equipment and related services by entities (organizations, sole traders and partnerships) that produce industrial and commercial fan and air purification equipment such as industrial dust and fume collection equipment, electrostatic precipitation equipment, warm air furnace filters, air washers, and other dust collection equipment, attic fans and industrial and commercial fans and blowers, such as commercial exhaust fans and commercial ventilating fans.

Mining Machinery And Equipment Market Definition

The mining machinery and equipment market consists of the sales of mining machinery and equipment by entities (organizations, sole traders or partnerships) that are engaged in manufacturing mining machinery and equipment, such as underground mining machinery, surface mining machinery, drills and breakers, crushing, pulverizing and screening equipment and mineral processing machinery. Mining machinery and equipment is defined as electrical or diesel-powered heavy-duty machinery or equipment involved in the excavation, transportation, and processing of commodities such as coal, minerals, and metals.

The industrial robots in the warehousing and storage market consist of sales of automated robots, systems that are used in warehouses, and related services. Warehouse and storage robots perform various tasks, automate the warehouse process. Industrial robots in warehousing and storage are used to do tasks such as lifting and arranging heavy products that are to be stored in racks or given spaces. The main product types of industrial robots are mobile robots, articulated robots, cylindrical robots, scara robots, parallel robots, and cartesian robots. A mobile robot is a machine that is operated by software and uses sensors as well as other technology to identify and move about its surroundings. Mobile robots operate by combining artificial intelligence (AI) and physical robotic elements such as wheels, rails, and legs. The functions of industrial robots include pick and place, palletizing and de-palletizing, transportation, and packaging. The various applications involved are e-commerce, automotive, consumer electronics, food and beverage, healthcare, and other applications. The global industrial robots (warehousing and storage robots) market size is expected to grow from $4.65 billion in 2021 to $4.98 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The global warehousing and storage robots market size is expected to grow to $6.55 billion in 2026 at a CAGR of 7.1%. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The increase in the movement of goods is due to the boom in the E-commerce industry and their commitment to shortest-time delivery. Industrial robots are used to speed up the process in the warehouses and storage industry. For instance, Shopify started using warehouse robots in 2019 to reduce the delay in the movement of goods in the warehouse, increasing the speed of the delivery. Accelerated movement of goods inside the warehouse drove the industrial robots in the warehouse and storage market. The high cost of industrial robots limits the growth of the market. Industrial robots are capital intensive due to the use of the latest technology and sensors to operate efficiently and should withstand the weights. The cost of the setup for a warehouse operation of 50-100 robots costs between $2 million to 4 million which is a high investment. This high cost of robots prevents the easy adoption of industrial robots, limiting the growth of the market. The picking process in the warehouse is increasingly being automated with increased demand in the E-commerce industry, to reduce the pickup time of items. The automated robot gathers items and brings them to a central location, where an employee can fulfill orders fast. For instance, Ocado, a British supermarket started using a grid of picking robots in the warehouse that picks the ordered items and delivers into crates, which are moved onto conveyors and is carried to shelves where an employee picks the crate and delivers the order to the customer helping in delivering the groceries fast. In April 2019, Amazon has acquired Canvas Technology based in Boulder, the USA for an undisclosed amount. The deal adds another important piece to amazon's robotics group portfolio of the fulfillment of center machines. The canvas autonomous cart utilizes 3D imaging and software solutions that can be applied to other hardware. Canvas Technology is an autonomous warehouse robotic start-up. Major players in the industrial robot market are ABB, Amazon, Yaskawa Electric Corp, Honeywell Intelligrated, Omron Corporation, Fetch Robotics, Inc, Fanuc Corp, Bastian Solutions, Yamaha Robotics, and Siemens AG. Asia-Pacific was the largest region in the industrial robots market in 2021. Western-Europe was the second-largest region in the global industrial robots market. The regions covered in the global industrial robots (warehousing and storage robots) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the warehousing and storage industrial robots market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global industrial robots (warehousing and storage) market is segmented - 1) By Product Type: Mobile Robots, Articulated Robots, Cylindrical Robots, SCARA Robots, Parallel Robots, Cartesian Robots 2) By Function: Pick and Place, Palletizing and De-Palletizing, Transportation, Packaging 3) By Application: E-Commerce, Automotive, Consumer Electronics, Food and Beverage, Healthcare, Others

The industrial refrigeration equipment market consists of sales of industrial refrigeration equipment by entities (organizations, sole traders, and partnerships) that produce industrial refrigeration equipment such as chillers, refrigeration compressors, condensers, cooling towers, and others, which are used in food, distillery, dairy, and other industries. Only goods and services traded between entities or sold to end consumers are included. The main equipment types of industrial refrigeration equipment are condenser, compressor, evaporator, and controls. A condenser refers to a piece of industrial equipment that will act as a heat exchanger to convert a vapor to a liquid. The refrigerant types are ammonia, carbon dioxide, and hydrofluorocarbon. The various end-user industries included are food and beverage, refrigerated warehouse, chemical, petrochemical, pharmaceutical, refrigerated transportation, and other end-user industries. The global industrial refrigeration equipment market size is expected to grow from $33.97 billion in 2021 to $35.91 billion in 2022 at a compound annual growth rate (CAGR) of 5.7%. The global industrial refrigeration market size is expected to grow to $45.85 billion in 2026 at a CAGR of 6.3%. The growth of the food and beverage processing industry especially in developing countries is expected to drive the industrial refrigeration equipment market. Globally, food and beverage processing is considered to be one of the largest industries. On average, 90% of the produced food is processed in developed countries such as the USA. High demand for processed and convenience meat products was witnessed in the last decade due to the changing and busy lifestyles of consumers. For the last five years, ranked fifth in the world in terms of production, consumption, and exports, India’s food-processing sector is growing 8% annually. For instance, by 2024, according to a joint study by ASSOCHAM India and Grant Thornton UK, India's food processing sector is estimated to have the potential to attract $33 billion in investments and the total food production in India is estimated to double by 2024. To keep processed food products fresh and healthy, industrial refrigeration systems are required and the increasing consumption of processed foods is propelling the demand for industrial refrigeration systems and further supporting the market growth. Strict regulations imposed on the use of global warming potential (GWP) refrigerants due to global concerns are expected to restrain the growth of the refrigeration equipment market. Major greenhouse gases that are responsible for environmental concerns such as global warming are chlorofluorocarbon and hydrochlorofluorocarbons. Stringent regulations are being imposed by developing countries to overcome global environmental concerns. For instance, by 2030, according to the Montreal Protocol, full consumption phase-out of refrigerants with higher GWP to promote environmental health, is aimed in non-Article 5 countries. The Montreal Protocol has set limits for the HCFC consumption (or cap) at 0.5% cap in 2020 and full consumption phase-out in 2030. According to the EU F-Gases Regulation, from January 2020, the use of fluorinated greenhouse gases for servicing and maintaining refrigeration equipment with a charge size of 40 tons of CO2 equivalent [CO2e] or more, which are with global warming potential of 2,500 or more shall be prohibited. Under this, the permission for use of virgin HFCs with a GWP >2,500 for topping up and/or maintaining existing systems over onboard EU flagged ships is prohibited. Thus, strict regulations imposed over the use of GWP refrigerants due to global concerns are acting as a restraint for the market growth. The trend of adoption of environment-friendly refrigerants is increasing within the industrial refrigeration equipment market, which is expected to fuel the growth of the market. A major contribution towards environmental concerns such as ozone layer depletion and global warming are contributed by refrigerants as they absorb infrared radiation and retain it in the atmosphere. The environment-friendly refrigerants do not deplete the ozone layer in the atmosphere, do not contribute to global warming, and have low Global Warming Potential (GWP). Halogen-based refrigerants face stringent regulations by governments of several countries and this is strengthening the use of environment-friendly refrigerants. For instance, in 2019, M&M Refrigeration and Carnot Refrigeration entered into a partnership to create eco-friendly refrigeration solutions. Therefore, the adoption of natural refrigerant-based equipment owing to stringent regulatory policies is another factor driving the industrial refrigeration system market growth. In 2020, Gardner Denver Holdings, Inc., a US-based global provider of industrial products such as compressors, blowers, and vacuum pumps, merged with Ingersoll Rand Industrial segment for an undisclosed amount. The newly combined company, named Ingersoll Rand Inc. is expected to be placed as one of the major global players in mission-critical flow creation and industrial technologies. Ingersoll Rand will produce mission-critical flow creation systems that include air compressors, pumps, blowers, Club Car brand of electric vehicles, and systems for fluid management, loading, and material handling. Ingersoll Rand is a US-based innovative company that provides mission-critical industrial, energy, specialty vehicle, and medical products and services. Major players in the industrial refrigeration equipment market are Johnson Controls Inc, Emerson Electric Co, United Technologies Corporation, Ingersoll-Rand plc, Lennox International Inc, Danfoss A/S, GEA Group AG, EVAPCO Inc, BITZER Kühlmaschinenbau GmbH, and Mayekawa Mfg. Co. Ltd. Asia Pacific was the largest region in the industrial refrigeration equipment market in 2021. North America was the second largest region in the global industrial refrigeration equipment market. The regions covered in the global industrial refrigeration market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the global industrial refrigeration equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global industrial refrigeration equipment market is segmented - 1) By Equipment Type: Condenser, Compressor, Evaporator, Controls 2) By Refrigerant Type: Ammonia, Carbon Dioxide, Hydrofluorocarbon 3) By End-User Industry: Food and Beverage, Refrigerated Warehouse, Chemical, Petrochemical, Pharmaceutical, Refrigerated Transportation, Others

The autonomous construction equipment market consists of sales of autonomous construction equipment which works on wireless communication technologies, by interfering with radio signals from other equipment, receiving commands, and reporting status. The equipment includes hardware retrofit and sensors added to get machine and process feedback, as well as knowledge of the position and the surroundings. It assures benefits like improved safety, increased productivity, and reduced unscheduled maintenance. The market consists of revenue generated by the company’s manufacturing autonomous construction equipment by the sales of these products. The main product types of autonomous construction equipment are earth moving equipment, construction vehicles, material handling equipment, concrete, and road construction equipment. Earthmoving equipment is large machinery, mainly heavy-duty vehicles designed for earthwork construction tasks. The autonomous construction equipment is partial/semi-autonomous and fully autonomous. The various applications involved are road construction, building construction, and other application. The global autonomous construction equipment market size is expected to grow from $10.02 billion in 2021 to $11.86 billion in 2022 at a compound annual growth rate (CAGR) of 18.5%. The global autonomous construction equipment market size is expected to grow to $18.53 billion in 2026 at a CAGR of 11.8%. Most construction companies are facing heavy equipment operator shortages throughout the world. Manufacturers are more focused on technology such as robotics and automation primarily to combat labor shortages along with finishing up their tasks faster, reducing wastage, and providing high yields with improved quality. Experts believed that one of the best solutions to combat labor shortages is to automate construction equipment, especially in remote areas, for repetitive tasks and in locations with significant labor shortages. Therefore, shortage in labor or skilled workforce is driving the Autonomous construction equipment market. Safety and cyber security issues have always been a major challenge in the autonomous construction equipment market. To automate construction equipment, regardless of the control system used, cybersecurity always remains a key concern as it is challenging to control the potential damage that could be caused by the hacking of heavy equipment. It presents remote access for hackers to exploit system vulnerabilities of communication systems between vehicles and infrastructure. Threats associated with the protection and safety of personal information are always being a major concern, limiting the growth of the Autonomous construction equipment market. Making existing equipment autonomous is a growing trend in the autonomous construction equipment market. Companies are interested in automation but the implementation cost for deployment of technology is high. Therefore, construction companies are planning to rent autonomous machines to stay competitive by using new technology without the potential barriers of high investments. This is mainly avoiding costs associated with purchasing construction equipment. For instance, the cost of owning a commercial truck may add up to roughly $8,500 annually according to the statistics. To reduce the overall expenses, they are working on solutions to make their existing equipment autonomous. Built Robotics, is providing a manufacturer-agnostic solution to clients that wants to automate their machine by which customer could make their machinery autonomous without sacrificing manual operating capabilities. With more machines to be likely to become autonomous in the future, promising developments are on the horizon. In June 2019, Mortenson, a U.S.-based, top-20 builder, developer, and leading renewable energy contractor has announced a strategic partnership with a San Francisco-based developer of autonomous robotic equipment technology, Built Robotics. Built Robotics builds robotic upgrade kits for common construction equipment such as bulldozers, excavators, and skid steers. Combined with its proprietary software, it designs autonomous equipment with multilayer safety systems to ensure 100 percent safe operation. The deal will focus on heavy civil earthmoving activities on renewable energy projects that Mortenson is building in North America. Major players in the autonomous construction equipment market are Komatsu Ltd, Caterpillar Inc, Hitachi Construction Machinery Co, Ltd, Volvo Construction Equipment, Built Robotics, Inc, Cyngn, Royal Truck & Equipment, Case Construction Equipment, and Deere and Company. Asia-Pacific was the largest region in the autonomous construction equipment market in 2021. Noth America was the second-largest region in the global autonomous construction equipment market. The regions covered in the global autonomous construction equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the autonomous construction equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global autonomous construction equipment market is segmented - 1) By Autonomy: Partial/Semi Autonomous, Fully Autonomous 2) By Product Type: Earth Moving Equipment, Construction Vehicles, Material Handling Equipment, Concrete and Road Construction Equipment 3) By Application: Road Construction, Building Construction, Others

The fertilizing machinery market consists of sales of fertilizing machinery by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing fertilizing machineries such as wheel hoe, cono weeder, fertilizer dibbler, and others. Only goods and services traded between entities or sold to end consumers are included. The main product types of fertilizing machinery are fertilizer dryers, fertilizer screening machines, fertilizer crushers, fertilizer granulators, and fertilizer mixers. Fertilizer granulators refer to the machines used in fertilizer manufacturing factories. They are suitable for making organic and compound fertilizer materials into specific fertilizer The disc types are single-disc fertilizer spreaders and double-disc fertilizer spreaders. The various applications involved are agriculture, forestry, greenbelt, and other applications. The global fertilizing machinery market size is expected to grow from $13.93 billion in 2021 to $14.92 billion in 2022 at a compound annual growth rate (CAGR) of 7.1%. The global fertilizing equipment market size is expected to grow to $23.43 billion in 2026 at a CAGR of 11.9%. High demand for food crops across the globe is expected to contribute to the growth of the fertilizing machinery market. The expanding agriculture sector is driving the need for fertilizer machines for improving crop growth. According to the Second Advance Estimates for 2019-20, the overall estimated food grain production in India was 291.95 million tons. The total production of rice during 2019-20 was estimated to be 117.47 million tons. Furthermore, the total production of Nutri/coarse cereals was estimated at 45.24 million tons. The rising demand for high-yield food crops to meet the global food demand is inducing the growth of the fertilizing machinery market. The restrictions laid on the use of fertilizers due to their impact on the environment limit the growth of the fertilizing machinery market. The overuse of fertilizers can infect both the farm produce as well as the topsoil. For instance, in 2019, the Federal Government of Nigeria announced plans to slowly phase out the use of fertilizers in agriculture. According to a study published in Nature Sustainability in 2019, in the US, fertilizer has also contributed to air pollution near the corn belts areas that led to 4,300 premature deaths in the regions. Fertilizers consist of substances and chemicals like methane, carbon dioxide, ammonia, and nitrogen, the emission of which has contributed to a great extent in the number of greenhouse gases present in the environment, thereby, leading to global warming and weather changes. Therefore, imposing a ban on fertilizers to protect the environment restrains the fertilizing machinery market. The launch of fertilizer drone machines is gaining popularity in the fertilizing machinery market. Fertilizer drone machines can be used for the fertilization of crops such as rice, wheat, vegetables, seeding, flowers, and others. It can also reduce the use of pesticides by 20% compared to manual operations, greatly reduce operating time, reduce the cost of growers, and increase spraying accuracy. For instance, in 2019, Da-Jiang Innovations (DJI) launched Agras T16, which is a spray drone to apply fertilizers and pesticides to field crops and orchards. The Agras T16 has an advanced overall structure with modular design and supports the loftiest payload and widest spray width ever in a DJI agricultural drone. With significant hardware, an AI engine, and 3D-operation planning, the T16 has a significantly improved operational efficiency. The fertilizing machinery sector is particularly embracing drones to improve efficiency and help increase crop production. In October 2020, Escorts, an Indian multinational conglomerate that operates in the sectors of agricultural machinery, construction machinery, material handling, and railway equipment acquired a 40 % stake in Kubota agricultural machinery for an undisclosed amount. This acquisition will raise Kubota’s stake in the Indian company to 14.99% from 9.09%, Escorts. Kubota is an India-based agricultural machinery manufacturer. Major players in the fertilizing machinery market are Deere & Company, Kuhn Group, AGCO Corporation, Kubota Corporation, Lanco Equipment, CNH Industrial, Mahindra Tractors, Simonsen Industries, Crump Spreaders Australia, and Gason. Asia Pacific was the largest region in the fertilizing machinery market in 2021. North America was the second largest region in the global fertilizing machinery market. The regions covered in the global fertilizing machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the fertilizing machinery market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The global fertilizing machinery market is segmented - 1) By Product Type: Fertilizer Dryers, Fertilizer Screening Machines, Fertilizer Crushers, Fertilizer Granulators, Fertilizer Mixers 2) By Disc Type: Single Disc Fertilizer Spreaders, Double Disc Fertilizer Spreaders 3) By Application: Agriculture, Forestry, Greenbelt, Others 4) By Product Type: Thickness Planer, Grinding Machines, Chain or Chisel Mortise, Routers, Wood Lathes, Others 5) By Operating Principal: Electrical, Mechanical 6) By Sales Channel: Online, Offline 7) By End-User: Furniture Industry, Construction Industry, Others