Industrial Gear Market Analysis, Status and Global Outlook 2019 to 2024

The Europe industrial gears market features a high concentration of domestic as well as international players, operating amidst intense competition to win a greater portion of the pie, observes Transparency Market Research (TMR) in a recent report. The high capital requirement for setting up industrial gears designing and manufacturing facilities has kept the threat of new entrants low in the market. As a result, companies can expect to witness a medium-level impact of the possibility of new entrants making competition more intense in the near future.

Innovations in gear design could help develop a vast set of new opportunities in the Europe industrial gear market and companies are suggested to focus on designing gears that are likely to produce less noise, heat, and have improved workable lifecycle. Some of the market’s notable vendors are Siemens AG, Klingelnberg GmbH, Precipart Corporation, RenoldPlc, Bonfiglioli Riduttori S.P.A., and BMT International S.A.

In terms of gear types, the segment of helical gears accounted for the most significant share in market’s overall revenues, an estimated 12.4% in 2015, but is expected to decline over the forecast period owing to issues such as the production of excessive heat and low efficiency as compared to other gears. Geographically, the market for industrial gears in Germany contributes the most significant share in the Europe industrial gears market’s revenues, thanks to a large number of industries and a steadily expanding manufacturing sector.

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High Demand in Manufacturing Industries Key to Market Growth

The industrial gear market in Europe is primarily driven by the steadying manufacturing sectors like automotive, steel, plastic, paper, and cement post the recent economic turmoil of 2008-2009. Existing industries are upgrading old gears with newer ones and new industries are incorporating industrial gears for various operations, collectively escalating the demand for industrial gears in the region. Factors such as higher loading capacity as compared to domestic gears, efficiency, and reliability are the key benefits of industrial gears that fuel their consumption in manufacturing industries. Moreover, expansion of the manufacturing sector will have a higher impact during the forecast period in Europe.

Concerns Related to Costly and Timely Maintenance of Industrial Gears Challenges Growth

One of the major restraint of this market is the high maintenance cost of most industrial gears in the Europe market. Industrial gears are used for heavy processes and during their utilization, there are chances of gears wearing out before their promised workable lifespan owing to factors such as negligence in maintenance or deployment of unskilled resources for the purpose.

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Non-ionizing Radiation/EMF Detection, Measurement, and Safety Market Generates Huge Revenue Till 2024

Solid competition characterizes the global non-ionizing radiation market, which at present is led by Mirion Technologies Inc., Narda Safety Test Solutions, and Spectris plc. The competition among the three is expected to heat up in the near future: these deep-pocketed players are seen pouring large amounts in coming up with more technologically superior and effective products to detect presence radiation.

A report by Transparency Market Research predicts the global market for non-ionizing radiation (NIR) to rise at a steady 4.57% CAGR between 2016 and 2024. At this pace, the market which was worth US$49.4 bn in 2015 would likely reach a value of US$73.8 bn by 2024-end. The volume of shipment is expected to become 547.36 mn in the same period.

Depending upon the type of device, the handheld devices hold a leading share in the global market for non-ionizing radiation (NIR) market. This is mainly because of their hassle-free usage and continued technological progress leading to more evolved versions. Our in-house team of analysts predict this segment to gross US$37.9 bn revenue by 2024-end. Geographically, North America led the market with a significant 44.0% share in revenue in 2015. Presence of numerous non-ionizing radiation/EMF detector manufacturers is mainly responsible for the growth of its market. Going forward too, the region is expected to maintain its lead.

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At the forefront of driving demand in the global market for non-ionizing radiations (NIR) is the growing awareness among people about the harmful effects of radiation. Elaborates the lead analyst of our report, “The ever-surging usage of electrical devices such as IoT-based devices and electronic gadgets such as laptops, mobile phones, and tablets, both at home and in industries and workplaces has caused an alarming rise of electromagnetic pollution resulting from nonionizing radiation. On account of the growing knowledge about the health risks resulting from exposure to such radiation, the uptake of solutions and products that uncover and measure radiation has risen substantially among consumers, thus majorly promoting the market for non-ionizing radiation (NIR).”

Another factor that is likely to catalyze growth in the global market for non-ionizing radiations (NIR) is the swift uptake of electronic support measures (ESMs).

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High Speed Serial Switch Fabrics Market Regional Analysis & Growth Forecast to 2027

High speed serial fabrics have been a boon for the industries such as defense and aerospace that require embedded parallel processing architectures for diverse applications including signal intelligence, radars, and electronic warfare. For aerospace and defense industries, it is essential to transfer humongous amounts of data in swiftest and quickest manner possible. As the defense budgets of several emerging economies have been increment by the respective governments, and the aerospace industry is touching new heights are a result of globalization, the market for high speed special switch fabrics market is poised for potent profits.

According to a recent business intelligence study published by Transparency Market Research (TMR), the demand in the global high speed serial switch fabrics market will increment at a notable CAGR of 12.3% during the forecast period of 2017 to 2025. Revenue-wise, the market is estimated to attain a value of US$1,156.2 million by the end of 2025.

The analyst of the report has picked out Intel Corporation and Cisco Systems Inc. are the two companies who are currently holding major shares in the global high speed serial switch fabrics market. That being said, the competition pyramid also has several small players who come up with niche technologies to make a mark in the market. Major players generally indulge into merger and acquisition activities to maintain their stronghold. One of the instance can be the merger of Broadcom Corporation with Avago Technologies Ltd back in 2015. This helped Broadcom to overcome debts as well as improve its overall business outlook.

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Apart from that, product innovation is another key mode of gaining greater shares in the high speed serial switch fabrics market. For instance, in January 2017, Xilinx launched XMC modules based on Kintex Ultrascale Technology for radar phased array application.

Based on product type, the report segments the high speed serial switch fabrics market into VLAN switching, network core switching, layer switching, and others. Application-wise, the market has been bifurcated into audio and video transmissions, security, data center consolidation, and others. Geographically, North America has been identified as the region with maximum demand potential, which is a reflection of the presence of several pioneering companies in the U.S. That being said, emerging economies in Asia Pacific are primed to generate potent demand over the course of the forecast period.

Apart from increased defense budget and high adoption rate of new technologies in the aerospace industry, the market for high speed serial switch fabrics is also gaining from the prosperity of the semiconductor industry. With these fabrics, systems can be integrated in simplicity with low installation costs and are easy to maintain in terms of data transfer. The consistent improvements to the products and increasing demand for Ethernet switches are some of the other factors augmenting the demand in this market.

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Down and Feather Market - Demand & Future Scope Including Top Players

The global down and feather market is expected to reach a value of US$ 8812.5 Mn by 2027. The market is projected to expand at a CAGR of 7.0% in terms of value during the forecast period from 2019 to 2027, according to a new research report by Transparency Market Research (TMR).

Consumers are opting for down and feather products due to inclination toward natural products. There is rapid growth in the apparel industry that widely uses down and feathers in warm jackets, comforters, etc. Consumers prefer hypo allergenic products to avoid severe allergy problems. Hence, down and feathers are considered to be the right options. The growth in the bedding industry across the globe considers down and feather for filling as a natural mattress component. This factor drives demand for down and feathers.

With growth in the residential and commercial sector all over the world, consumers are opting for better furnishing to match the interior design. Down and feather is found to be utilized as a natural filling in furnishing products such as cushions, pillows, and bedding to provide high comfort. With the increase in renovation in the residential and commercial sector, people are opting for synthetic free natural furnishing products which includes fillings of down and feather, regenerating demand in the down and feather market. Rise in demand for specialty mattresses due to the rising consumer inclination toward eco-friendly and health-promoting products is fueling the demand for down and feathers.

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Growth in the residential and commercial segment due to rise in urbanization has improved the standard of living. This has encouraged consumers to opt for matching interior designs, promoting the purchase of down and feather bedding, pillows, and comforters. The primary processing of down and feather may vary based on the application of the end product. Based on origin, the duck segment is anticipated to expand at a CAGR of over 7.2% during the forecast period from 2019 to 2027.

Down and feather market has been segmented in the basis of origin, product type, distribution channel, and region. In terms of origin, the duck segment is anticipated to grow with a CAGR of 7.2% during the forecast period from 2019 to 2027 owing to high consumption of duck across the globe. The most commonly used products by end-users in the global market are bedding, comforters, pillows, and apparel. Comforters was the largest segment of the down and feather market in terms of value in 2018.

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Bra Market - Global Outlook on Key Growth Trends, Factors

According to a new market report published by Transparency Market Research titled “Bra Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018– 2026,” the global bra market was valued at US$ 24,582.4 Mn in 2017 and is expected to reach US$ 34,914.7 Mn in terms of revenue by 2026, growing at a CAGR of 4.1% from 2018 to 2026.

The demand for bra has grown tremendously in recent years. Padded bra type has the highest demand in the bra market. Availability of bras in different types, colors, and pattern will drive the bra market globally. Women from all backgrounds want to try out the latest trends in the bra market. Most companies have exclusive stores in shopping malls or outlet stores.

The demand for non-padded bra is expected to grow during the forecast period. Padded bra segment held the largest market share of more than 71.7% in 2017. In the padded bra type, demand for sports bra has grown over the past few years and the trend is expected to continue during the forecast period. Europe and North America are expected to drive the demand for non-padded bra over the forecast period. The market for non-padded bra is expected to grow at a healthy rate in the Asia Pacific region.

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Based on product type, the global bra market has been segmented into padded bra and non-padded bra. Padded bra is the most common and preferred type of bra among women across the world. Padded bra has a thin layer of foam or fabric between the two layers of fabric outside the cup and inside the cup while non-padded bra has just a single layer of fabric. Under the padded bra segment, sports bra holds the major share and is expected to maintain its position over the forecast period. Higher standard of living is a key factor which is expected to accelerate the padded bra market during the forecast period.

Geographically, in terms of revenue, Europe held the largest share in the bra market in 2017. followed by North America. In North America, the US. is the highest revenue generating country in the bra market. Although Europe holds the largest market share, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period. In Asia Pacific, India and China have the highest growth rate as compared to other countries. The market in MEA and South America are expected to witness slow growth as compared to the other regions of the world.

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Disposable Gloves Market: Key Players, Growth Drivers and Industry challenges

People today are more aware and demanding on the hygiene front than they were ever before. And, this concern does not start and end at healthcare anymore, which was the largest consumer of hygiene and sanitation product in the last couple of decades. The residential sector and the beauty industry are also contributing to an increase in demand for such product such as disposable gloves market.

Thus, it is obvious why the market is set to chart a positive growth trajectory over the period 2018 to 2026. As per a research study carried out by Transparency Market Research (TMR), the market will chart a steady 6.3% CAGR over the forecast period. And, as per TMR analysts, use in dentistry, healthcare and chemicals industry will drive the market onto a higher growth curve.

The cost-effectiveness of disposable gloves supports the growth, driving demand for the same in more areas than healthcare. For instance, people handling food and medicines, and patients and clients in the beauty industry need to maintain certain standards to prevent contamination and infections from spreading. And, this brings disposable gloves in major focus.

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It is also worthy to add here the role households play. As handling corrosive cleaning chemicals in kitchens, bathrooms, etc. are getting common, need for disposable gloves rises. Additionally, even while using mid chemicals like hair color, it is advised to use disposable gloves.

In agriculture, using pesticides, fuel oil, chemicals, all require disposable gloves for safety purposes.

North America to Hold a Dominant Share of the Global Disposable Gloves Market Growth:

By volume North America will chart a hefty CAGR of 39.2% in the global disposable gloves market, as per TMR report findings. This impressive growth will owe to outbreaks of virus such as SARS and H1NI over the last couple of years. These outbreaks have driven awareness. Besides, governments have entered the picture to promote the highest standards of healthcare hygiene. The region also has a well-established healthcare infrastructure, which is conducive to the growth in demand for disposable gloves.

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Directed Energy Weapons Market by Global Industry Players and Forecast to 2020

The global directed energy weapons market is moderately fragmented, with the top three players having held nearly 59% of the market value in 2013. All key players hold close to similar shares of the value for directed energy weapons worldwide. Lockheed Martin, Raytheon Missile Systems, and Rafael Advanced Defense Systems are the leading providers of directed energy weapons across the world. According to a new report by Transparency Market Research, land-based directed energy weapons are expected to be the most popular deployment type till 2020.

The threat of new entrants is expected to remain low due to the extremely high initial investments and capital required to set up a directed energy weapons manufacturing venture. Additionally, as this market already stands, there is a considerable shortfall of skilled professionals that can help build directed energy weapons according to the modern military standards.

The revenue generation in the global market for directed energy weapons is expected to exhibit a high CAGR of 20.8% within a forecast period from 2014 to 2020. This revenue is expected to reach US$5.21 bn by the end of 2020.

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North America Demand for Directed Energy Weapons to Remain High

North America is expected to continue being the leading region of operations and sales of directed energy weapons in the world. By the end of 2020, the global directed energy weapons market is expected to generate US$2.76 bn. For the period from 2014 to 2020, Asia Pacific is considered to be a high-potential region for directed energy weapons.

High energy lasers are expected to remain the most popular directed energy weapons technology in use. By the end of 2020, this segment is expected to earn a revenue of US$2.998 bn. Land based directed energy weapons have consistently been the more popular form of directed energy weapons deployment. By the end of 2020, this segment is expected to be valued at nearly US$2.27 bn.

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