Thursday, 23 April 2020

Industrial Belt Sales Market to Exhibit Impressive Growth During 2024

  April 23, 2020    No comments
The market for industrial belt sales is expected to rise in demand all over the world owing to manufacturing and economic growth along with enhancements in rising demand for material handling, heavy industrial, construction, and conveyor equipment. Increasing focus on improving energy efficiency is promoting high-end belt drives across all the manufacturing plants. Industrial belt, combo of a pulley and a belt and are used to facilitate load transfer among shafts. This combination enables power transmission, shaft synchronization, radio variation and clutching.
The global market for industrial belt sales market is an in-depth analysis on the present state of industrial belt drive. The report published by TMR offers a detailed overview of this industry incorporating segmentation, growth drivers, opportunities, and threats. It further uses primary and secondary research methodologies to estimate the global industrial belt sales market revenue data of global leaders. The report also covers competitive landscape, emerging trends, and developments in key regions. The report on industrial belt sales market supports companies by understanding the current and future trends, thereby formulating business strategies. At the same time, it incorporates profiles, price, and product details of leading manufacturers.
Global Industrial Belt Sales Market: Key Drivers and Challenges
The industrial belt sales market is driven by some growth factors across the world. One of the primary factors in rising investments in reforming plant facilities of manufacturing sector. Most recent growth was witnessed in Asia Pacific region as the government in countries such as China, and India are constantly focusing on local manufacturing of industrial belts. With the emergence of innovative technologies, the global industrial belt sales market is expected to surge in demand during the forecast period. In automotive sector, the physical gear architecture is replaced by belt and pulley system owing to rising demand for CVT (Continuous variable Transmission). This in turn, is expected to offer huge growth opportunities in automotive sector. A variety of substitutes are available which can fulfill the same requirements as that of an industrial belt. This may further lead to save time, energy, and cost for companies investing in industrial belts.
However, owing to the wide availability and accessibility of industrial belts, the market is expected to face some challenges and this can hamper the growth globally. Nonetheless, with innovative research and development activities are estimated to augment the demand for industrial belt sales market throughout the forecast period.
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Global Industrial Belt Sales Market: Regional Outlook
The global market for industrial belt sales is fragmented over regions such as Europe, North America, and Asia Pacific. Among these, Asia Pacific is witnessing huge demand on the account of booming investments in manufacturing sector. Europe and MEA as per revenue is also expected to grow in the coming years. Presence of large number of manufacturing plants in countries such as Germany and the rise in exports of industrial machinery are some of the factors responsible for uplifting the demand in this region.
Global Industrial Belt Sales Market: Competitive Insight
The market for industrial belt sales is spread over regional and international manufacturers. The industrial belt sales market is competitive owing to the emergence of new players.  But at the same time, these players are likely to face difficulties with well-recognized manufactures in terms of their features, functionalities, services, and quality. In the coming years, the market is also going to observe emergence of low-cost vendors who are expected to pose tough competition to the global manufacturers. Therefore, the well-known vendors will be focusing on product differentiations. In addition to this, they are also going to increase their research and development activities in order to produce customized and superior quality products.  Some of the leading manufactures in global industrial belt sales market include Siegling, Habasit, Goodyear, Gates, Contitech, and Optibelt among others.
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Air Quality Monitoring Equipment Market Dynamics, And Regional Scope 2027

  April 23, 2020    No comments
Transparency Market Research delivers key insights on the global air quality monitoring equipment market. In terms of revenue, the global air quality monitoring equipment market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global air quality monitoring equipment market.
Air quality monitoring equipment are used for monitoring the level of pollution present in the atmosphere. These equipment help in keeping a track of the pollution level and air quality in order to avoid fatigue, discomfort, and dizziness, which further hamper the overall productivity level. The global air quality equipment market is primarily driven by rising concerns pertaining to ill effects on air pollution on the health of citizens in addition to prompt efforts by governments of various countries to curb air pollution. Based on type, air quality monitoring equipment are classified into indoor air quality monitoring equipment and outdoor air quality monitoring equipment.
Among these, outdoor air quality monitoring equipment are largely being adopted, as these equipment are useful to monitor the level of pollution present in the atmosphere. Furthermore, based on application, the global air quality monitoring equipment market has been segmented into industrial, commercial, and residential. The industrial sector is increasingly adopting air quality monitoring equipment and governments of multiple countries are focusing on implementing stringent rules to reduce air pollution. This, in turn, is expected to boost the global air quality monitoring equipment market during the forecast period.
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Air Quality Monitoring Equipment Market: Dynamics
Adoption of air quality monitoring equipment in smart city projects is growing. This is due to the emergence of smart cities, population, and increase in the number of vehicles. This has led to rise in air pollution. Thus, efficient management of air quality plays an important role in smart cities. Air quality monitoring equipment have been evolving led by the rising trend of Internet of Things (IoT). Air quality monitoring sensors used in large numbers in these equipment help in collecting a large volume of data related to air quality.
This data is useful while making decisions pertaining to air pollution. Several smart cities across the globe are installing air quality monitors to evaluate air pollution. In 2019, in London (the U.K.) an air quality monitoring network equipped with a large number of air quality monitors was launched to improve the quality of air in the city. Thus, growth in the number of smart city projects across the world is expected to boost the demand for air quality monitoring equipment in the near future.
Moreover, demand for air quality monitoring equipment is rising worldwide, as a result of launch of a large number of air quality monitoring systems in several countries. For instance, in 2019, Jersey, a player based in the U.K., announced the launch of an air quality monitoring system that can collect real-time environmental data to help government agencies in curbing air pollution. Launch of new air quality monitoring systems across the globe is projected to drive the global market for air quality monitoring equipment during the forecast period.
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Furthermore, India and the U.K. entered into strategic partnerships with each other in the year 2019 to build a comprehensive air quality monitoring system that can measure air pollution. This partnership would be leading to the installation of air quality monitoring systems in Bengaluru, India, to measure the air pollution level by collecting data from sensors.
Additionally, several manufacturers are focusing on the development of technologically advanced air quality monitoring equipment to curb air pollution effectively. Furthermore, the demand for air quality monitoring equipment is rising among consumers for use in homes, owing to increased awareness about air quality monitoring at residential places and increasing adoption of smart buildings. This is expected to be a prominent factor propelling the global air quality monitoring equipment market during the forecast period.
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Silicon Wafer Market Status By Current Trend And Future Plan 2018-2025

  April 23, 2020    No comments
The leading four companies in the global silicon wafers market, namely SUMCO Corporation, Shin-Etsu Chemical Co., Ltd., Siltronic AG, and SK Siltron Co., Ltd., account for a whopping 70.0% share in it. Other key players in the market are Okmetic, Wafer World Inc., Global Wafers Co., Ltd., Silicon Materials Inc., Global Wafers Co., Ltd., Sil'tronix Silicon Technologies, and Wafer Works Corporation.
A study by Transparency Market Research expects the global silicon wafers market would tread on steady yet not-so-impressive growth path by registering a CAGR of 6.8% over the course of the forecast period during 2017 and 2025. Rising at this pace, the market is projected to become worth US$14.21 mn by 2025.  
The various sizes in which silicon wafers are available in the market are 100mm, 150mm, 200mm, and 300mm and above. Of them, wafers sized 300 mm and above dominated the market with maximum share in 2016. The segment is also predicted to register maximum growth rate in the next couple of years.
From a geographical standpoint, North America plays a pivotal role in the market for silicon wafers. Other major regions in the market are Latin America, Europe, Asia Pacific, and the Middle East and Africa. The market in North America is expected to rise at a 6.5% CAGR over the course of the forecast period on account of numerous semiconductor manufacturers – leading consumers of silicon wafers – being domiciled in the region. The market in North America is primarily powered by the U.S. where wafer size of 300mm and above are seeing soaring demand.
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Consumer Electronics Supporting Demand for Silicon Wafers
Silicon wafers are used for the production of semiconductors, which in turn, are used in the manufacture of electronic components that enrich our daily lives. Explains the lead analyst of the report, “The silicon wafer is a thin round disk which comes in different diameters meant to suit various electronic goods. With the skyrocketing demand for consumer electronics, demand for silicon wafers is expected to remain supported in the next couple of years. Silicon wafers find application in RFID, CMOS, MEMS, and other electronic applications.”
Automotive is another segment that is expected to push up demand in the market for silicon wafers. The rising electrification and automation of vehicles have driven up demand for semiconductor ICs for automotive products such as infotainment systems, navigation control, and collision detection systems.
In addition, increasing use of silicon wafers in modern sophisticated technologies, namely the Internet of Things (IoT) and cloud, which are seeing uptake in defense and military and commercial applications, are expected to further bring significant growth in the overall market.
High Initial Capital Poses Challenge to Market
Acting as a headwind to the healthy growth path of the market, buoyed by the flourishing end use segments of automotive and electronics, is the steep upfront investments required to set up manufacturing units. Apart from that, rising market price of 300 mm silicon wafers is hindering the growth of global silicon wafers market too.
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Smart Power Distribution Systems Market Demand – Forecast during 2026

  April 23, 2020    No comments
The global smart power distribution systems market was valued around US$ 18,417 Mn in 2017 and is anticipated to expand at a stable CAGR of more than 14% during forecast period, according to a new report published by Transparency Market Research (TMR) titled “Smart Power Distribution Systems Market” – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. Increasing developments in grid infrastructure, rising demand for integration of renewable energy sources, improved grid reliability and efficient outage response have increased the penetration of smart power distribution systems globally.
Adoption of smart power distribution solution by utilities is increasing due to the rising need for savings in capital expenditure (CapEx) and operational expenditure (OpEx). The smart power distribution systems market in North America is expanding at a significant CAGR of more than 15% owing to numerous technological advancements, the presence of a large number of grid automation solution providers, and increasing investments in grid automation for reliable and efficient power supply.
Growing modernization of power distribution system to drive market
Growing grid modernization for reliable and efficient power supply has increased the demand for smart power distribution solutions worldwide. Rising electricity consumption, reduction in production cost, and the potential to lower carbon emissions are some of the key factors driving massive global investment in the modernization of electricity infrastructure and the development of smart grid technologies. Consistent rise in the consumption of power is the primary factor responsible for modernization of electric systems. Several countries across the globe are focusing on developing and refining grid architectures, including advanced metering, distribute on automation, substation automation, ubiquitous communications networks, micro grids, and DER integration, which is expected to boost the smart power distribution systems market.
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The U.S. is focusing on upgrading its power network infrastructure significantly. The office of Electricity Delivery and Energy Reliability (OE), in the U.S., is working with private partners to improve and strengthen the power infrastructure. Numerous market players are launching various smart power distribution solutions to amplify the efficiency of the generation and distribution of the power supply. The key trends prevalent in the smart power distribution systems market are increasing installation of smart meters, investments in smart grid technology, strategic partnerships, and implementation of AI.
Software segment to dominate the global smart power distribution systems market
The component segment is segmented into software, hardware, and service. The software segment of global smart power distribution systems market is further divided into advanced metering infrastructure, smart grid communication, smart grid distribution and management, substation automation, billing information system, and others. The smart metering infrastructure segment is anticipated to dominate the market owing to the rising deployment of smart meters around the globe. The advanced metering infrastructure segment is anticipated to expand at a significant CAGR of more than 15% during forecast period. The smart grid distribution and management segment is expected to expand at a high CAGR during the forecast period. Various utilities are installing smart power distribution software in order to offer customers with enhanced quality of service and improved operational efficiencies. The billing information system segment is projected to expand at a considerable CAGR during the forecast period owing to the increasing need to generate automated and more accurate energy estimation bills.
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Molded Case Circuit Breakers Market Size & Future Development Status 2025

  April 23, 2020    No comments
Circuit breakers are among the most crucial components of an electrical circuit system. Molded case circuit breaker (MCCB) is an electromagnetic device that combines a current sensitive device with a temperature sensitive electromagnetic device to protect an electrical circuit from damage caused by excess current, short circuit, and overload. Molded case circuit breakers prevent electricity overloading, thereby avoiding damage to electrical wiring, devices, and electrical fire outbreak.
To interrupt the current flow after a fault is detected is the primary function of the molded case circuit breaker. Current sensitive and temperature sensitive devices act mechanically on the trip mechanism. Molded case circuit breakers use one or a combination of various trip elements in order to provide protection from thermal overloads, short circuits, and ground faults. MCCBs are primarily used in industrial, power generation, and transmission & distribution applications requiring heavy protection capacity.
Factors such as continued modification in electricity infrastructure and ever-rising electricity production and consumption are driving the growth of the global molded case circuit breakers market. These days, countries are investing in the development of electricity infrastructure in order to provide more efficient, reliable, and competitive public service.  Global demand for electricity is rising rapidly owing to factors such as increasing population growth and industrialization. Growing inclination toward using more reliable electricity protection devices is one of the fundamental factors responsible for the growing demand for molded case circuit breakers.
Adoption of cost effective, reliable, and technologically advanced electricity protection devices is growing rapidly. Constant growth across the electrical equipment industry, construction and infrastructure projects, and manufacturing of technologically-advanced aerospace equipment and automation vehicles are some of the major factors supporting the growth of the molded case circuit breakers market. However, factors such as varying operating characteristics of the breaker depending on the ambient temperature may restrict the demand for molded case circuit breaker devices, thereby limiting the growth of the molded case circuit breakers market.
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The global molded case circuit breakers market can be segmented by type, rated current, end user, and geography. On the basis of type, the molded case circuit breakers market can be segmented into MCCB (Molded Case Circuit Breaker) and MCB (Miniature Circuit Breaker). On the basis of rated current, the molded case circuit breakers market can be segmented into 0-20a, 21-75a, 76-250a, 251-800a, and above 800a. 76-250a segment is anticipated to expand significantly during the forecast period owing to the growing infrastructure sector in developing countries.
In terms of end user, the global molded case circuit breakers market can be segmented into power generation, industry residential and commercial, transmission and distribution, manufacturing and process industry, transportation and others. Transmission and distribution segment is expected to expand at a significant rate during the forecast period owing to the modernization of aging infrastructure in developed countries such as the U.S. and U.K. Growing construction activities in developing regions and increasing number of projects of smart cities across the globe is expected to boost the growth of the global molded case circuit breakers market during the forecast period.  Asia Pacific is projected to contribute the highest market share during the forecast period owing to the growing number of construction activities and constantly increasing population in countries such as India and China.
The global molded case circuit breakers market includes various market players. Some of the key players in the molded case circuit breakers market are Siemens AG, Schneider Electric, Rockwell Automation, Inc., General Electric, Eaton Corporation Plc., Mitsubishi Electric Corporation, Hitachi Industrial Equipment Systems, Fuji Electric Co., Ltd, Eaton Corporation Plc., Legrand, Toshiba Corporation, ABB Ltd., and Huayi Electric Co., Ltd. 
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Blockchain in Electronic Component Market - Current and Future Industry Trends, 2018 – 2025

  April 23, 2020    No comments
Blockchain is a global ledger that can automatically record and validate very high volumes of digital transactions, irrespective of location. The transactions in the blockchain are undisputable and threat of hacking is also eliminated, as all the transactions made are authorized by the miners. A blockchain is largely utilized in the banking and financial services sector. A blockchain is being increasingly utilized in applications in the electronic component industry as well due to its capability to manage multi-party complex transactions reliably and securely.
A major factor driving the blockchain in electronic component market is its capability to eliminate any counterfeiting risk associated with the supply chain of electronic components. The electronics industry is estimated to witness a significant rise in the implementation of blockchain in the near future as counterfeit parts pose a considerable threat to manufacturing. High security is ensured, as blockchain verifies and records all the transactions made. It is also a faster and a cheaper medium of carrying out transfer of online information and virtual money without the need of any third-party verification. Consequently, it is increasingly being adopted globally.
However, publicly traded manufacturers do not wish to disclose every transaction for respective manufacturing part number (MPN). Nevertheless, a manufacturer can always create multiple wallets for the same MPN, allowing buyers to verify the ownership of the wallet. However, a single buyer will not be able to request a large number of wallet addresses of a single manufacturer, thus not revealing his sales or profit margin. A lack of awareness about the reliability of blockchain is a major restraint of the market, in spite of its robustness in the electronic component industry. However, the impact of this restraint is expected to significantly decrease in the near future.
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Increasing demand for blockchain from small-scale electronic component manufacturers and from electronics manufacturing service (EMS) providers who cannot afford to purchase components directly from original component manufacturers is likely to present growth opportunities for the blockchain in electronic component market. Since, these are most susceptible to encounter counterfeit parts, they are anticipated to be able to easily uncover a counterfeit by looking at the part’s blockchain transaction history, followed by identifying where it left the regular supply chain and entered the black market.
The blockchain in electronic component market can be segmented based on type of blockchain, size of the component manufacturer, and geography. Based on type, the market can be segmented into public blockchain, private blockchain, and consortium blockchain. The consortium blockchain is partly public and is therefore also referred to as the hybrid blockchain. In terms of size of the component manufacturer, the blockchain in electronic component market can be segregated into small-scale manufacturer, medium scale manufacturer, and large scale manufacturer.
In terms of geography, the blockchain in electronic component market can be segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and Latin America. Apart from North America, which deploys advanced technologies for payments and documentation, Asia Pacific is also expected to be a highly attractive market for blockchain in electronic component owing to the presence of a vast majority of manufacturers of electronics components in the region.
Prominent players operating in the blockchain in electronic component market include ABB Ltd., Accenture, Inc. 21, Inc., Chain, Inc., AlphaPoint Corporation, Bitfury USA, Inc., Skuchain, Inc., Coinbase, Inc, BTL Group, Dash Technologies Inc., Venture Proxy Ltd., Abra, Inc., Circle Internet Financial Limited, Digital Asset Holdings, LLC, Digitalx Ltd., Global Arena Holding, Inc., IBM Corporation, and Microsoft Corporation.
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Laser Direct Structuring Equipment Market Size and Forecast 2018-2025

  April 23, 2020    No comments
Laser direct structuring equipment is used to manufacture electronic circuits in 3D molded interconnect device. 3D molded interconnect device is a thermoplastic integrated with electronic circuits. The laser beam of laser direct structuring equipment is applied for nanoseconds to manufacture 3D molded interconnect device. Laser direct structuring process consists of the following steps: injection molding, laser activation, metallization and assembly. In injection molding step, synthetic thermoplastic component is created through molding process. In laser activation step, a laser beam activates circuit layout in thermoplastic material directly from the computer without tools and copper attaches to the thermoplastic component. In metallization step, the thermoplastic component is cleaned and additives are formed in an electro-less copper bath. In the assembly step, the thermoplastic component which has high thermal resistance is ready for three-dimensional assembly.        
Laser Direct Structuring Equipment Market - Key Trends
Rising demand to integrate more electronic circuits in smaller spaces is increasing the demand for laser direct restructuring technology across the world. Laser direct restructuring also helps to eliminate components in electronic devices such as eliminating antennas in a smartphone thus reducing assembling time and device production cost. This is also driving the demand for laser direct structuring equipment across the world. With the advent of laser direct structuring technology, mechanical components of an electronic device when integrated well function both as a mechanical and electronic component.
Rising demand for fabrication of 3D molded interconnect device is leading to the rise in laser direct restructuring equipment.
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Automotive components manufactures use laser direct structuring equipment. The components produced through laser direct structuring weight less than automotive components made through traditional process. This reduces vehicle weight and increases fuel efficiency and vehicle millage. This is leading to the rise in laser direct structuring equipment in automotive industry.  
A major opportunity for laser direct structuring equipment is the introduction of 5G mobile communication technology. With 5G, the global mobile communication network will expand leading to a rise in smart phones/ mobile phones antennas which will subsequently increase the demand for laser direct structuring equipment. 
Laser Direct Structuring Equipment Market - Segmentation
Global laser direct structuring equipment market can be segmented based on end-use industry and geography. The market when segmented by end-use industry are automotive, medical devices, consumer durables, networking, smartphones and mobile devices, telecommunication, data communication among others. FRIEDRICH Schwingtechnik, a German automotive component manufacturer developed antenna for automotive sector and manufactured with laser direct structuring equipment method.
Geographically laser direct restructuring equipment market is divided into North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America is expected to be a major laser direct restructuring equipment market. The U.S. is expected to dominate the market followed by Canada and Mexico. Europe is expected to be a significant laser direct restructuring equipment market. LPKF Laser & Electronics who promoted laser direct structuring technology is based in Germany. Germany is expected to a key laser direct structuring equipment market in Europe followed by the U.K., France, Italy and Spain. Asia-Pacific is expected to be a major laser direct restructuring market.
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Chinese smart phone manufacturer Xiaomi used laser direct structuring equipment for its smartphone antennas which is driving the market in China. China is expected to dominate the market followed by Japan, South Korea and India. Middle East and Africa is expected to be another major laser direct structuring equipment market led by GCC and South Africa. GCC (Gulf Co-operation Council) consists of six Middle East countries of Saudi Arabia, UAE, Qatar, Oman, Kuwait and Bahrain. South America is expected to be a significant laser direct restructuring equipment market. Brazil is expected to dominate Brazil followed by Argentina.
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Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...