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  • Construction Equipment Market Projected to Exceed $236.9 Billion by 2031
    Meticulous Research®—a leading global market research company, published a research report titled, ‘Construction Equipment Market by Type (Material Handling, Earth Moving, Concrete and Road Construction, Others), Propulsion Type (ICE, Electric, Others), End User (Construction, Government, Private Contractor, Others), Geography - Global Forecast to 2031.’

    According to the latest publication from Meticulous Research®, the construction equipment market is projected to surpass $236.9 billion by 2031, growing at a CAGR of 5.3% from 2024 to 2031. This market expansion is driven by increased government investments in construction and infrastructure, along with the rising demand for enhanced efficiency, productivity, and safety in construction projects. Additionally, the growing automation of construction equipment is expected to present further market opportunities. However, stringent international trade policies, high equipment costs, and a shortage of skilled equipment operators pose challenges to market growth.
    Prominent trends in the construction equipment market include the rising demand for compact equipment and the increasing adoption of electric construction equipment. The market is segmented by type, propulsion type, and end user, with comprehensive evaluations of industry competitors and analyses at regional and country levels.

    Market Segmentation:
    By Type:
    Material Handling Equipment: Expected to hold the largest market share at 40.0% in 2024, driven by rapid industrialization, modernization of industrial infrastructures, and increasing demand for efficient material movement solutions. Key developments include Hyundai Construction Equipment India's launch of multiple products in October 2023.
    Earth-moving Equipment: Projected to register the highest CAGR, supported by investments in residential, commercial, and industrial projects and partnerships like the one between CanLift Equipment Ltd. and Xuzhou Construction Machinery Group Co., Ltd.
    By Propulsion Type:
    ICE (Internal Combustion Engine) Equipment: Expected to dominate with a 53.0% market share in 2024 due to ease of use, high power-to-weight ratio, and cost advantages. Notable developments include Crown Equipment Corporation's expansion of its lift truck portfolio.
    Electric Equipment: Anticipated to grow at the highest CAGR, driven by benefits like lower operating costs and minimal maintenance, alongside supportive government initiatives and product innovations such as Action Construction Equipment Ltd.'s electric crane launched in February 2023.
    By End User:
    Construction Companies: Predicted to hold the largest share at 55.0% in 2024, fueled by global infrastructure investments and the adoption of advanced equipment to enhance project efficiency. The segment is also expected to register the highest CAGR, highlighted by Skanska's pilot project using a zero-emissions electric excavator.
    Geographic Insights:
    Asia-Pacific: Expected to hold the largest market share at 45.0% in 2024, driven by substantial investments in construction, sustainability initiatives, real estate growth, and infrastructure development. This region is also projected to achieve the highest CAGR of 7.0%, with key expansions like Volvo Construction Equipment's new dealership in Malaysia.

    Key Players:
    Leading companies in the construction equipment market include Caterpillar (U.S.), CNH Industrial N.V. (U.K.), Deere & Company (U.S.), Doosan Corporation (South Korea), Hitachi Construction Machinery Co., Ltd. (Japan), J C Bamford Excavators Ltd. (U.K.), Komatsu Ltd. (Japan), KUBOTA Corporation (Japan), LIEBHERR (Switzerland), Volvo Group (Sweden), SANY Group (China), MANITOU Group (France), Wacker Neuson SE (Germany), Terex Corporation (U.S.), and Hyundai Construction Equipment Co., Ltd. (South Korea).

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    Report Highlights:
    Identification of high-growth market segments by type, propulsion type, and end user.
    Historical and forecasted market sizes for 2024-2031.
    Analysis of major market drivers, restraints, and opportunities.
    Competitive landscape and recent developments in the market.
    Geographic trends and identification of high-growth countries.
    Strategies of major players and local emerging competitors.

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    Construction Equipment Market Projected to Exceed $236.9 Billion by 2031 Meticulous Research®—a leading global market research company, published a research report titled, ‘Construction Equipment Market by Type (Material Handling, Earth Moving, Concrete and Road Construction, Others), Propulsion Type (ICE, Electric, Others), End User (Construction, Government, Private Contractor, Others), Geography - Global Forecast to 2031.’ According to the latest publication from Meticulous Research®, the construction equipment market is projected to surpass $236.9 billion by 2031, growing at a CAGR of 5.3% from 2024 to 2031. This market expansion is driven by increased government investments in construction and infrastructure, along with the rising demand for enhanced efficiency, productivity, and safety in construction projects. Additionally, the growing automation of construction equipment is expected to present further market opportunities. However, stringent international trade policies, high equipment costs, and a shortage of skilled equipment operators pose challenges to market growth. Prominent trends in the construction equipment market include the rising demand for compact equipment and the increasing adoption of electric construction equipment. The market is segmented by type, propulsion type, and end user, with comprehensive evaluations of industry competitors and analyses at regional and country levels. Market Segmentation: By Type: Material Handling Equipment: Expected to hold the largest market share at 40.0% in 2024, driven by rapid industrialization, modernization of industrial infrastructures, and increasing demand for efficient material movement solutions. Key developments include Hyundai Construction Equipment India's launch of multiple products in October 2023. Earth-moving Equipment: Projected to register the highest CAGR, supported by investments in residential, commercial, and industrial projects and partnerships like the one between CanLift Equipment Ltd. and Xuzhou Construction Machinery Group Co., Ltd. By Propulsion Type: ICE (Internal Combustion Engine) Equipment: Expected to dominate with a 53.0% market share in 2024 due to ease of use, high power-to-weight ratio, and cost advantages. Notable developments include Crown Equipment Corporation's expansion of its lift truck portfolio. Electric Equipment: Anticipated to grow at the highest CAGR, driven by benefits like lower operating costs and minimal maintenance, alongside supportive government initiatives and product innovations such as Action Construction Equipment Ltd.'s electric crane launched in February 2023. By End User: Construction Companies: Predicted to hold the largest share at 55.0% in 2024, fueled by global infrastructure investments and the adoption of advanced equipment to enhance project efficiency. The segment is also expected to register the highest CAGR, highlighted by Skanska's pilot project using a zero-emissions electric excavator. Geographic Insights: Asia-Pacific: Expected to hold the largest market share at 45.0% in 2024, driven by substantial investments in construction, sustainability initiatives, real estate growth, and infrastructure development. This region is also projected to achieve the highest CAGR of 7.0%, with key expansions like Volvo Construction Equipment's new dealership in Malaysia. Key Players: Leading companies in the construction equipment market include Caterpillar (U.S.), CNH Industrial N.V. (U.K.), Deere & Company (U.S.), Doosan Corporation (South Korea), Hitachi Construction Machinery Co., Ltd. (Japan), J C Bamford Excavators Ltd. (U.K.), Komatsu Ltd. (Japan), KUBOTA Corporation (Japan), LIEBHERR (Switzerland), Volvo Group (Sweden), SANY Group (China), MANITOU Group (France), Wacker Neuson SE (Germany), Terex Corporation (U.S.), and Hyundai Construction Equipment Co., Ltd. (South Korea). Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5847 Report Highlights: Identification of high-growth market segments by type, propulsion type, and end user. Historical and forecasted market sizes for 2024-2031. Analysis of major market drivers, restraints, and opportunities. Competitive landscape and recent developments in the market. Geographic trends and identification of high-growth countries. Strategies of major players and local emerging competitors. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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  • Galvanized Steel Market Projected to Reach $216.2 Billion by 2031
    Meticulous Research®—a leading global market research company, published a research report titled, ‘Galvanized Steel Market by Product Type (Hot-dipped Galvanized Steel, Electro-galvanized Steel), Application (Building and Construction, Automotive, White Goods, Shipbuilding, Other Applications), and Geography - Global Forecast to 2031.’
    According to a recent report by Meticulous Research®, the galvanized steel market is projected to reach $216.2 billion by 2031, growing at a CAGR of 9.9% from 2024 to 2031. In terms of volume, the market is expected to reach 240.8 million tons by 2031, with a CAGR of 9.2% during the same period. This growth is primarily fueled by increasing infrastructure investments and rising demand in the construction industry.

    Market Segmentation and Key Insights
    Product Type
    The galvanized steel market is segmented into:
    Hot-dipped galvanized steel:
    Hot-dipped zinc coated galvanized steel
    Hot-dipped aluminum coated galvanized steel
    Hot-dipped Sn-zinc coated galvanized steel
    Hot-dipped zinc-magnesium-aluminum alloy coated galvanized steel
    Hot-dipped zinc-aluminum-silicon alloy coated galvanized steel
    Hot-dipped zinc-aluminum-magnesium-silicon alloy coated galvanized steel
    Electro-galvanized steel:
    Electrolytic zinc-coated galvanized steel
    Electrolytic zinc-nickel alloy-coated galvanized steel
    Electrolytic nickel-coated galvanized steel
    Electrolytic zinc-Sn-nickel alloy-coated galvanized steel
    Electrolytic phosphate-treated galvanized steel

    Application
    The market is segmented by application into:
    Building and construction: trusses, roofs, frames, exterior walls, interior walls, pipes and ducts, purlins, decking, and other applications. Shipbuilding Automotive
    White goods: refrigerators, washing machines, air-conditioning units, microwave ovens, and other appliances.

    Regional Insights
    The market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is anticipated to hold the largest market share at over 47.0%. This region’s rapid industrialization and urbanization, particularly in China, India, and Southeast Asia, are driving the demand for galvanized steel in various infrastructure and construction projects. The automotive sector also contributes significantly to the market growth in this region. The Asia-Pacific market is projected to register the highest CAGR of 11.5% during the forecast period.

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    Key Market Players
    Major players in the galvanized steel market include:
    ArcelorMittal S.A. (Luxembourg)
    POSCO (South Korea)
    Nippon Steel Corporation (Japan)
    JFE Holdings, Inc. (Japan)
    ThyssenKrupp AG (Germany)
    NS Bluescope Steel Limited (Australia)
    JTL Infra Ltd. (India)
    Hesteel Group Company Limited (China)
    Hyundai Steel Co., Ltd (South Korea)
    Dongkuk Steel Group (South Korea)
    NLMK Group (Russia)
    Tata Steel Limited (India)
    FIW Steel Sdn. Bhd. (Malaysia)
    Anshan Iron and Steel Group Corporation (China)
    Galvaco Industries Sdn. Bhd. (Malaysia)

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    Email- sales@meticulousresearch.com
    Contact Sales- +1-646-781-8004
    Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research


    Galvanized Steel Market Projected to Reach $216.2 Billion by 2031 Meticulous Research®—a leading global market research company, published a research report titled, ‘Galvanized Steel Market by Product Type (Hot-dipped Galvanized Steel, Electro-galvanized Steel), Application (Building and Construction, Automotive, White Goods, Shipbuilding, Other Applications), and Geography - Global Forecast to 2031.’ According to a recent report by Meticulous Research®, the galvanized steel market is projected to reach $216.2 billion by 2031, growing at a CAGR of 9.9% from 2024 to 2031. In terms of volume, the market is expected to reach 240.8 million tons by 2031, with a CAGR of 9.2% during the same period. This growth is primarily fueled by increasing infrastructure investments and rising demand in the construction industry. Market Segmentation and Key Insights Product Type The galvanized steel market is segmented into: Hot-dipped galvanized steel: Hot-dipped zinc coated galvanized steel Hot-dipped aluminum coated galvanized steel Hot-dipped Sn-zinc coated galvanized steel Hot-dipped zinc-magnesium-aluminum alloy coated galvanized steel Hot-dipped zinc-aluminum-silicon alloy coated galvanized steel Hot-dipped zinc-aluminum-magnesium-silicon alloy coated galvanized steel Electro-galvanized steel: Electrolytic zinc-coated galvanized steel Electrolytic zinc-nickel alloy-coated galvanized steel Electrolytic nickel-coated galvanized steel Electrolytic zinc-Sn-nickel alloy-coated galvanized steel Electrolytic phosphate-treated galvanized steel Application The market is segmented by application into: Building and construction: trusses, roofs, frames, exterior walls, interior walls, pipes and ducts, purlins, decking, and other applications. Shipbuilding Automotive White goods: refrigerators, washing machines, air-conditioning units, microwave ovens, and other appliances. Regional Insights The market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is anticipated to hold the largest market share at over 47.0%. This region’s rapid industrialization and urbanization, particularly in China, India, and Southeast Asia, are driving the demand for galvanized steel in various infrastructure and construction projects. The automotive sector also contributes significantly to the market growth in this region. The Asia-Pacific market is projected to register the highest CAGR of 11.5% during the forecast period. Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5846 Key Market Players Major players in the galvanized steel market include: ArcelorMittal S.A. (Luxembourg) POSCO (South Korea) Nippon Steel Corporation (Japan) JFE Holdings, Inc. (Japan) ThyssenKrupp AG (Germany) NS Bluescope Steel Limited (Australia) JTL Infra Ltd. (India) Hesteel Group Company Limited (China) Hyundai Steel Co., Ltd (South Korea) Dongkuk Steel Group (South Korea) NLMK Group (Russia) Tata Steel Limited (India) FIW Steel Sdn. Bhd. (Malaysia) Anshan Iron and Steel Group Corporation (China) Galvaco Industries Sdn. Bhd. (Malaysia) Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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  • Southeast Asia Molecular Diagnostics Market Set to Surpass $891.87 Million by 2031: Meticulous Research® Unveils Groundbreaking Insights

    Meticulous Research®, a renowned provider of cutting-edge market intelligence solutions, has released an exclusive report titled "Southeast Asia Molecular Diagnostics Market by Offering, Test Type, Technology, Application, End User - Forecast to 2031," shedding light on the burgeoning molecular diagnostics landscape in the region.
    The report forecasts a remarkable surge in the Southeast Asia molecular diagnostics market, projecting a valuation of over $891.87 million by 2031, exhibiting a robust CAGR of 7.8% from 2024 to 2031. Molecular diagnostics, with its ability to detect targeted genetic material in human, viral, and bacterial genomes, is revolutionizing disease diagnosis across various domains including infectious diseases, oncology, and clinical genetics.
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    Driving Forces and Growth Trajectory
    The Southeast Asia molecular diagnostics market is propelled by a multitude of factors, including the burgeoning geriatric population, escalating prevalence of communicable and non-communicable diseases, technological advancements in molecular diagnostics, and increased healthcare expenditures. Moreover, emerging opportunities such as medical tourism in Southeast Asian countries and a growing focus on companion diagnostics are poised to catalyze market expansion. Nonetheless, challenges such as a shortage of skilled professionals and the lack of harmonization of medical device regulations across Southeast Asian countries present hurdles to market growth.
    The report delves into a comprehensive assessment of leading market players' product portfolios, geographic analysis, and key growth strategies implemented over the past three to four years. Notable players profiled in the report include Sansure Biotech, Inc. (China), F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Hologic, Inc. (U.S.), Illumina, Inc. (U.S.), Xiamen Zeesan Biotech Co., Ltd (China), QIAGEN N.V. (Netherlands), Danaher Corporation (U.S.), Abbott Laboratories (U.S.), and Agilent Technologies, Inc. (U.S.).
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    Elevating the Standard: Companion Diagnostics and Personalized Medicine
    Companion diagnostics (CDx), a cornerstone of personalized, stratified, and precision medicine, are gaining prominence in Southeast Asia. CDx measures levels of proteins, genes, or specific mutations to tailor specific and effective therapies for individual conditions. While adoption of CDx in the region is currently lower compared to developed countries, Southeast Asian countries are gradually embracing CDx. For instance, Malaysian Genomics Resource Centre Bhd (Malaysia) collaborated with ICARTAB Biomedical Co Ltd (iCARTab) (U.S.) and Advanced Immune Therapeutics Sdn Bhd (AIT) (Malaysia) to integrate companion diagnostics and cancer immunotherapy based on Chimeric Antigen Receptor (CAR) T-cells into their portfolio of products and services.

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    The Southeast Asia molecular diagnostics market is segmented based on Offering, Test Type, Technology, Application, and End User. Key insights include:
    Offering: The reagents & kits segment is anticipated to lead the market in 2024, driven by recurrent use in disease detection and technological advancements.
    Test Type: Laboratory tests are poised to dominate the market in 2024, owing to their higher accuracy and reliability compared to point-of-care tests.
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    Technology: The polymerase chain reaction (PCR) segment is expected to hold the largest market share in 2024, owing to its sensitivity and cost-effectiveness.
    Application: Infectious diseases are projected to command the largest market share in 2024, fueled by rising prevalence and increased funding for diagnostic research.
    End User: Hospitals & clinics are expected to be the key end users in 2024, driven by increased hospitalizations and the high prevalence of healthcare-associated infections.
    Regional Outlook
    Indonesia is poised to emerge as the frontrunner in the Southeast Asia molecular diagnostics market in 2024, fueled by growing adoption, rising prevalence of diseases, and improvements in healthcare infrastructure.
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    Southeast Asia Molecular Diagnostics Market Set to Surpass $891.87 Million by 2031: Meticulous Research® Unveils Groundbreaking Insights Meticulous Research®, a renowned provider of cutting-edge market intelligence solutions, has released an exclusive report titled "Southeast Asia Molecular Diagnostics Market by Offering, Test Type, Technology, Application, End User - Forecast to 2031," shedding light on the burgeoning molecular diagnostics landscape in the region. The report forecasts a remarkable surge in the Southeast Asia molecular diagnostics market, projecting a valuation of over $891.87 million by 2031, exhibiting a robust CAGR of 7.8% from 2024 to 2031. Molecular diagnostics, with its ability to detect targeted genetic material in human, viral, and bacterial genomes, is revolutionizing disease diagnosis across various domains including infectious diseases, oncology, and clinical genetics. Download Free Sample Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5775 Driving Forces and Growth Trajectory The Southeast Asia molecular diagnostics market is propelled by a multitude of factors, including the burgeoning geriatric population, escalating prevalence of communicable and non-communicable diseases, technological advancements in molecular diagnostics, and increased healthcare expenditures. Moreover, emerging opportunities such as medical tourism in Southeast Asian countries and a growing focus on companion diagnostics are poised to catalyze market expansion. Nonetheless, challenges such as a shortage of skilled professionals and the lack of harmonization of medical device regulations across Southeast Asian countries present hurdles to market growth. The report delves into a comprehensive assessment of leading market players' product portfolios, geographic analysis, and key growth strategies implemented over the past three to four years. Notable players profiled in the report include Sansure Biotech, Inc. (China), F. Hoffmann-La Roche Ltd. (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Hologic, Inc. (U.S.), Illumina, Inc. (U.S.), Xiamen Zeesan Biotech Co., Ltd (China), QIAGEN N.V. (Netherlands), Danaher Corporation (U.S.), Abbott Laboratories (U.S.), and Agilent Technologies, Inc. (U.S.). Browse in depth @ https://www.meticulousresearch.com/product/south-east-asia-molecular-diagnostics-market-5775 Elevating the Standard: Companion Diagnostics and Personalized Medicine Companion diagnostics (CDx), a cornerstone of personalized, stratified, and precision medicine, are gaining prominence in Southeast Asia. CDx measures levels of proteins, genes, or specific mutations to tailor specific and effective therapies for individual conditions. While adoption of CDx in the region is currently lower compared to developed countries, Southeast Asian countries are gradually embracing CDx. For instance, Malaysian Genomics Resource Centre Bhd (Malaysia) collaborated with ICARTAB Biomedical Co Ltd (iCARTab) (U.S.) and Advanced Immune Therapeutics Sdn Bhd (AIT) (Malaysia) to integrate companion diagnostics and cancer immunotherapy based on Chimeric Antigen Receptor (CAR) T-cells into their portfolio of products and services. Segmentation and Market Dynamics The Southeast Asia molecular diagnostics market is segmented based on Offering, Test Type, Technology, Application, and End User. Key insights include: Offering: The reagents & kits segment is anticipated to lead the market in 2024, driven by recurrent use in disease detection and technological advancements. Test Type: Laboratory tests are poised to dominate the market in 2024, owing to their higher accuracy and reliability compared to point-of-care tests. Request Free Research Report Sample: https://www.meticulousresearch.com/request-sample-report/cp_id=5775 Technology: The polymerase chain reaction (PCR) segment is expected to hold the largest market share in 2024, owing to its sensitivity and cost-effectiveness. Application: Infectious diseases are projected to command the largest market share in 2024, fueled by rising prevalence and increased funding for diagnostic research. End User: Hospitals & clinics are expected to be the key end users in 2024, driven by increased hospitalizations and the high prevalence of healthcare-associated infections. Regional Outlook Indonesia is poised to emerge as the frontrunner in the Southeast Asia molecular diagnostics market in 2024, fueled by growing adoption, rising prevalence of diseases, and improvements in healthcare infrastructure. Quick Buy @ https://www.meticulousresearch.com/Checkout/49985136 Contact Us: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- sales@meticulousresearch.com Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
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