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Global Manhole Covers Market Information by Types (Metal cap, , Regenerated resin, High strength steel fiber cement concrete, and others) by Application (Municipal, Airport & ports, and Others) and Region - Forecast to 2021<br>
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Global Manhole Covers Market Research Report - Forecast to 2021 www.marketresearchfuture.com
Market Overview: The global manhole covers market is driven by the growing construction sector. With a rising population and growing real-estate industry the need for manholes has become an important requirement. These fuels the demand for manhole covers globally. Furthermore increased government initiatives to strengthen the civic system in countries of APAC drives the market for manhole covers. The global manhole covers market is expected to and reach US$ XX Million at the end of the forecasted period and is expected to show a staggering growth at CAGR of X.X% from 2016 to 2021. Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/1372
Regional Analysis: U.S. is also expected to see moderate growth in the manhole covers market. There are various ongoing and upcoming airport/airbases construction projects which is expected to fuel the demand for such manhole covers. Operational inefficiencies, traffic congestion, and limited access in and out of terminals is a case in most of the US airports. This is a result out of conventional construction, and lack of funding. Airport modernisation in America is expected to outpace all other countries in the next few years. Furthermore, The National Plan of Integrated Airport Systems (NPIAS) identified close to 3,400 existing and proposed airports that are significant to U.S. air transportation and thus are eligible to receive financial help under the Airport Improvement Program (AIP). The Federal Aviation Administration (FAA) is expected to provide Congress with a 5-year estimate of AIP development in every two years. Each year, airports receive funding through AIP grants and revenues from PFC user fees. In FY16, combined AIP and PFC authority was approximately $6.5 billion. Such expansion measures fuels the demand for manhole covers in the U.S. Browse Complete Report Details:
Segmental Analysis: Global Manhole Covers Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding. Segmentation By Type: Comprises - Metal cap, Regenerated resin, High strength steel fiber cement concrete, and others. Segmentation By Application : Comprises - Municipal, Airport & ports, and Others Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World
Competitive Analysis: The key players adopted various strategies to retain and/or expand their market share. The key strategies followed by most companies within the manhole cover market were mergers & acquisitions followed product development. Mergers & acquisitions strategy enables the companies to achieve sustainable development. The motive behind such acquisitions vary from expanding geographical presence to improving operational efficiencies. EJ Group, Inc. (U.S.), Eagle Manufacturing Group (U.S.), OPW Fibrelite, Crescent Foundry (U.S.), Aquacast Ltd. (U.K.), Arcova Ltd. (U.K.), DKG Manhole Covers (Canada), Ducast Factory L.L.C (UAE), and Polieco Group (Italy) are some of the prominent players at the forefront of competition in the global manhole covers market and are profiled in MRFR Analysis.
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