Friction Stir Welding Equipment Market Demand & Key Performers 2027

• Friction stir welding (FSW) is a solid-state joining procedure. This process is used for joining two confronting work pieces, without melting the work piece material.
• Friction generates heat between the rotating device and the work piece material and it creates a softened area near the FSW tool. Then, it mechanically intermixes the two metal work pieces.
• Friction stir welding equipment are primarily used on created or expelled aluminum and especially for structures that need extremely high welding quality

Global Friction Stir Welding Equipment Market: Dynamics

• Increasing use of friction stir welding equipment in the industrial sector has augmented the friction stir welding equipment market
• The automotive industry is one of the major end-users of friction stir welding equipment. With the increasing demand for vehicles across the world, the automotive industry is extensively adopting friction stir welding equipment for use in the aluminum welding process. This process imparts improved mechanical features to the end-product such as improved process strength, obstruction to rigidity and weariness. 
• Friction stir welding equipment offer several other advantages such as low impact on the environment, operating cost advantages, and limited impact on health. This drives the use of friction stir welding equipment in various joining and material-processing applications.

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However, lack of skilled and qualified workforce and improper training of users are expected to hamper the global friction stir welding equipment market in the next few years.

• Growth of downstream industries and uncertainties in the global economy are expected to limit the consumption of friction stir welding equipment in the near future, thereby hampering the global market in the next few years.

Global Friction Stir Welding Equipment Market: Segmentation

• Based on product, the global friction stir welding equipment market can be divided into desktop equipment, gantry equipment, and others
• Based on end-user, the global friction stir welding equipment market can be segmented into automotive, railways, aerospace, shipbuilding, and others
• The automotive segment accounted for a major share of the global friction stir welding equipment market in 2018, due to widespread use of aluminum welding machines in the industry. The segment is anticipated to gain higher market share and maintain its leading position in the global friction stir welding equipment market during the forecast period.

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North America to Lead Global Market for Friction Stir Welding Equipment

• In terms of region, the global friction stir welding equipment market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
• North America is likely to dominate the global market for friction stir welding equipment from 2019 to 2027, followed by Europe and Asia Pacific. Intense competition among vendors, rising demand from the electronics sector, and launch of new products in North America are some of the key factors likely to drive the friction stir welding equipment market in the region in the next few years.

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Loop Calibrators Market Sophisticated Demand by 2027

• Loop calibrators are utilized to compare electric readings with regulatory standards and correct deviations of electrical measuring tools including transformer flicker meters, arm meters, angle meters, voltmeters, and watt meters
• Loop calibrators with high storage capacity are gaining importance among users. This factor is expected to drive the global loop calibrators market during the forecast period
• In order to meet the rising demand, leading manufacturers are focusing on introducing loop calibrators enabled with high data storage capacity
• Growing adoption of automation technologies across various sectors and the trend of capturing high-definition pictures and videos are driving the demand for loop calibrators with high storage capacity
• Increased product commercialization, rapidly developing industry infrastructure and growing demand for loop calibrators are strengthening the market foothold of loop calibrators and thereby significantly contribute to the revenue generation in the global market.

Global Loop Calibrators Market: Dynamics

• Increasing demand for intrinsically safe calibration is considered a key factor driving the market
• Intrinsic safety is a standard followed in industries that manage highly explosive environments. These industries need to ensure that their operations are ‘intrinsically safe’. This guarantees that devices do not discharge energy in amounts that can cause ignition upon contact with combustible materials.
• An equipment must be free from electric sparks, electromagnetic radiation, flames, mechanical friction, arcs, and impact and ionizing radiations.

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Implication of safety solutions is gaining importance in different industries such as mining, petrochemical, and pharmaceutical. Thus, intrinsically safe calibration can limit the inherent risk associated with hazard-prone workplaces.

• Moreover, increasing demand for maintaining accuracy of operations in different industries is augmenting the demand for loop calibrators
• The market is witnessing rise in the number of third-party service providers to maintain the operating condition of an increasing number of industrial equipment. These service providers track instruments at their premises and notify end-users in advance if they fail to function properly on-site. At times, end-users employ calibrators to manage small deviations.

• Increasing adoption of Industrial Internet of Things (IIoT) has also prompted end-users to adopt loop calibrators, as they can be easily connected with cloud computing.
• However, increasing popularity of multifunctional calibrators causes a serious threat to manufacturers of loop calibrators, thereby hindering the market for loop calibrators.

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Supplied Air Respirator Market - Overview on Ongoing Trends 2027

• A respirator is a device that is used for artificial respiration. In general, a respirator consists of a mask and an oxygen cylinder that covers the face; the mask helps in breathing. Artificial respirators are of two types: air purifying respirator and supplied air respirator. Air purifying respirators provide oxygen rich air to the user by passing harmful/ contaminant air through a filter element.
• Supplied air respirators do not purify the air but supply oxygen rich air from an alternative source. A supplied air respirator provides clean air through a hose from a compressor or cylinder. A supplied air respirator is a type of personal protective equipment (PPE) for people who work in hazardous environments where the air is uncomfortable, harmful, and contaminated.   

Global Supplied Air Respirators Market: Dynamics

Rising penetration of personal protection equipment increasing the sale of supplied air respirators

Global economic development is increasing the number of manufacturing plants and workshops. Rise in number of production plants is increasing the number of industrial workers who usually work in an environment that contains harmful and contaminant air. The workers use a supplied air respirator during work to protect themselves.

 A rise in use of personal protection equipment is seen across the world. In the U.S., Occupational Safety and Health Administration (OSHA), U.S. Department of Labor, has framed rules and regulations for supplied air respirators. A supplied air respirator must be approved by National Institute for Occupational Safety and Health (NIOSH).

Restraint: Global Supplied Air Respirator Market

Supplied air respirators contain an airline hose, mask, cylinder, compressor, etc. A significant weakness of a supplied air respirator is that a user’s mobility is restricted by the length of the air supply hose.  

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Global Supplied Air Respirators Market: Regional Analysis

North America and Europe expected to be prominent supplied air respirators markets

• In terms of geographic area, the global supplied air respirators market can be bifurcated into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• The North America market is broken down and analyzed at country-level, which includes the U.S., Canada, and Rest of North America. Similarly, the supplied air respirators market in Europe can be divided into country level, covering Germany, France, the U.K., and Rest of Europe. The supplied air respirators market in Asia Pacific includes China, India, Japan, and Rest of Asia Pacific. The analysis of the supplied air respirators market in Middle East & Africa include GCC countries, South Africa, and Rest of Middle East & Africa. The supplied air respirators market in South America can be divided into Brazil and Rest of South America.

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Sauna Heaters Market - Overview on Future Threats by 2027

• A sauna is a timber-lined room also known as sudatory, which is heated in order to heat the body of the person inside it. It provides experience of dry or heat sessions. Saunas are mainly found in health clubs, community centers, or local gyms. The main part of any sauna is a heater which has a specific design to produce high temperature at constant rate. Production of heat and steam are the two main functions of sauna heaters. The most common sauna heaters are electric heaters.
• Sauna heater provides comforting heat and plenty of steam by adding water on the sauna rocks. Most sauna heaters are dry; traditional steam sauna needs some water every 2 to 6 minutes for steam production and to maintain humidity level according to the consumer’s preference. Benefits of sauna use include removal of toxins through sweating, and increased blood flow to the skin surface for blood circulation.

Key Drivers of the Global Sauna Heaters Market

• Saunas are increasingly becoming popular across the globe not just in spas and gyms, but also in people’s homes. The driving factors of the sauna heater market are growing awareness of saunas and sauna bathing, increasing usage of saunas in new residential construction, and growth in commercial use.
• The sauna and spa market is showing significant growth in recent years which is also an encouraging factor for the sauna heaters market. An increasing number of spas in developing countries also supports the growth of the sauna heaters market.

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Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global sauna heaters market can be divided into five regions North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the sauna heaters market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the sauna heaters market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America sauna heaters market is segmented into Brazil, and Rest of South America.
• Currently, North America dominates the global market and is likely to continue its dominance in the coming years as well. However, the market in Asia Pacific is projected to expand at a significant growth rate during the forecast period, as emerging regions such as India and China are the foremost consumers of sauna heaters.

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Key Players Operating in the Global Market

Key players operating in the sauna heaters market are estimated to witness rising demand for sauna heaters during the forecast period, owing to the launch of latest sauna heaters that are expected to prompt customers to spend more on them. Manufacturers are focusing on the strategies of acquisitions, expansions, and collaborations with startup companies to gain significant share of the market. Additionally, manufacturers emphasize on driving consumer engagement by investing in product marketing, and in-store and online experience.

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Digital Substations Market Notable Developments & Key Players

The global digital substations market was valued at US$ 6,134.8 Mn in 2017 and is projected to register compound annual growth rate (CAGR) of over 8.2% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Digital Substations Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that the better reliability and availability of digital substations as compared to conventional substations is likely to spur the demand for digital substations in the coming years (2018 to 2026).

As key players introduce new digital substations and solutions in developed markets such as North America, Europe, and Asia Pacific, these regions are likely to account for dominating share of the global digital substations market. Growing demand for digital substations from the utilities sector in emerging markets such as China and India is likely to boost growth of the Asia Pacific digital substations market at a growth rate of around 9.5% from 2018 to 2026.

Digital substations as an alternative to conventional substations to affect the expansion of the market worldwide

Although the conventional substations can bridge the demand for electricity, they are very costly and inefficient. Digital substations on the other hand are much more efficient. Considerable cost is saved on digital substations as there is less copper wiring used. Fiber optic is used in digital substations which work on 61850 protocol that enables communication to other assets as well. These digital substations have a higher penetration in developed economies as compared to developing economies.

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Digital substations are significantly more adopted in utilities sector around the globe

Based on module, the market is segmented into hardware, fiber optic communication network, and SCADA (Supervisory control and data acquisition). Hardware segment in 2026 is expected to hold about three fifths of the total market and expand at a rapid rate throughout the forecast period. Digital substations not only improve efficiency, but also reduce maintenance costs due to comparatively less copper wiring and connections than conventional substations. In terms of type, the market is segmented into transmission substations and distribution substations.

On the basis of voltage, the market is classified into Up to 220 kV, 220-550 kV, and Above 500 kV. Primarily driven by the demand from urban regions, the up to 220 kV segment held the major share of revenue in 2017. On the other hand, the 220-550 kV segment is anticipated to expand at a rapid pace owing to the increasing demand from manufacturing units around the world. Based on industry, the market is segmented into utilities, metal, mining, oil & gas, and transportation. In 2017, utilities held the major share of the total market due to their widespread use in utilities.

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North America is the leading contributor to the digital substations market

In terms of value, North America was the leading contributor to the global digital substations market in 2017. The contribution is primarily due to the increased adoption of digital substations with the presence of well-established players across the region, especially across the U.S. and Canada. Asia Pacific which is home to many well-established players from the digital substations market is expected to emerge as the region showcasing the highest CAGR. Furthermore, Asia Pacific is witnessing high adoption of digital substations owing to the increasing demand for energy to support local manufacturing units.

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Personal Air Cooler Market - Key Development by 2027

• Personal air coolers are mini portable coolers that are ideal for personal use. These devices help in creating a personal microclimate without invading the personal space of people nearby. The coolers are budget friendly table top devices that do not have installation cost and require very low maintenance.
• Personal air coolers cool the air by evaporating water, which makes it an efficient humidifier. Most personal air coolers perform the work of conditioner, humidifier, and purifier.

Key Drivers of the Global Personal Air Cooler Market

• Increasing disposable income worldwide is one of the key factors driving the growth of the personal air cooler market. Increasing disposable income has resulted in increasing purchasing power which in turn has led to the growth of smart air coolers. Such products have become a need based product with increasing purchasing power.
• Increasing demand for products that are energy efficient, have low power consumption, and are highly portable are prime reasons for the growth of the smart personal air cooler market. Rising hot weather conditions across the globe coupled with growing ergonomic designs for both residential and commercial use have resulted in the growth of the personal air cooler market.
• Furthermore, growth of online platforms such as e-commerce sites and third party websites have resulted in the growth of personal air coolers.

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Technical Features Such as Limited Range Anticipated to Hamper the Growth of the Market

• Key technical features such as its limited cooling range, the need for water, and high noise levels are some of the key features anticipated to hamper the growth of the personal air cooler market. Manufacturers of personal air coolers are limited in the market owing to which technological advancement in such products is negligible. As such, the product is meant only for individual personal use, and is ineffective for large number of people. Hence, its usage is limited. All these factors are anticipated to hamper the growth of the personal air cooler market.

Asia Pacific Offers Growth Avenues for the Global Personal Air Cooler Market

• Geographically, the global personal air cooler market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
• Countries in North America and Europe are home to some of the key manufacturers of personal air coolers.
• Asia Pacific on the other hand is a prominent market owing to the presence of some of the key manufacturers of personal air coolers, especially in Southeast Asian countries.

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• South America and Middle East & Africa have strong potential growth for the personal air cooler market.

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Gesture Recognition Market - Key Opportunities & Development 2024

The global gesture recognition is consolidated due to just few players operating in the market. These few players in the market include Google, Apple, Intel, and Microsoft, elucidates an upcoming Transparency Market Research (TMR) report. These key players in the market are always at a forefront to bring in technological advancement to introduce the latest product and diversify the global gesture recognition market. The small players at regional level are also spreading their wings by attracting large companies to invest in them. 

Rising technological advancement and automation is predicted to expand the gesture recognition market. The global gesture recognition market is predicted to expand at 16.2% CAGR over the projected period 2015 to 2024. Also, the same was registered value worth US$ 11. 60bn in 2015, at this robust pace of growth the global gesture recognition market is projected to reach estimation worth US$ 48.56 bn by the end of 2024. 

On the regional front, North America is expected to dominate the global gesture recognition market. The reason for growth can be attributed to the presence of latest technology and optoelectronic companies. Asia Pacific is expected to emerge as a strong region in the future.  On the basis of segmentation, the global gesture recognition market is divided into automotive, hospitality, gaming, and consumer electronics, in terms of end users. Among these, the consumer electronics sector is projected to lead the global gesture recognition market in the following years. 

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Rising Demand for Smart Electronic Products to Boost Growth 

In the era of digitalization, there is a rising demand for smart electronic products such as Ipad, tablets, mobile phones, smart tv’s, cameras, etc. In all these applications gesture recognition is used to make them user friendly and to access them effortlessly. Thus, the upswing of electronic goods due to increasing standard of living is projected to nudge the global gesture recognition market in the future. 

Rapid urbanization is raising the demand for latest technology to upkeep the pace in automated and technologically advanced world. Ever booming travel and hotel industry may increase the demand for gesture recognition for integrating them in hand dryers, faucets, shower, and flushes.  Thus, owing to the substantial expansion of the global gesture recognition market. 

Automated Homes to Create Growth Opportunities 

Homes are getting smarter these days with advent technological advancement at a fast pace. Now, let us get into future, soon the homes are going to be completely automated. The future technology is expected to take over all home devices to be controlled by gesture recognition. Such as switching on TV, lights, music systems, etc.  Thus, the future is expected to provide lucrative opportunities for gesture recognition, owing to expansion of the global gesture recognition  market in the future. 

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Moreover, gesture recognitions are used in automobile industry for blind spot recognitions, parking assistance, etc. The demand for gesture recognition sensors from automobile industry is projected to surge the global gesture recognition market in the upcoming years. Further, gaming industry and corporate sector may boost demand, imagine the day when the P C can be controlled using just and fingers. Making presentation may no longer be a tedious task in the future. Thus, the global gesture market is likely to provide lot of potential in terms of future applications. 

High cost associated with implementation of the same and unpredictability to discover the correct user may restrain the growth in the global gesture recognition market. Nonetheless, growing research and development in this field is projected to provide substantial growth opportunities in the coming years. 

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