Commercial Building Automation Market Overview on Future Threats

The global commercial building automation market is growing at a significant rate as the need for energy-efficient buildings in increasing. Companies and governments of various regions have shifted their focus on constructing green building which has led to the growth of commercial building automation market. Various initiatives such as mergers and acquisitions, launching improved products, and penetrating into new markets played a crucial role in the development of commercial building automation market. 

The market is highly fragmented owing to the presence of large number of regional players. Few of the prominent players operating in the global commercial building automation market include Honeywell International Inc. (U.S), ABB Ltd. (Switzerland), Ingersoll Rand Plc. (Ireland), Robert Bosch GmbH (Germany), Hubbell Inc. (U.S), Siemens AG (Germany), Johnson Controls International plc. (U.S), Schneider Electric SE (France), and Cisco Systems Inc. (U.S) among others.

The commercial building automation market was valued at US$77.63 billion in 2016 and is anticipated to reach at US$108.49 billion by the end of 2024 globally. The market is expected to grow at a CAGR of 4.3% steadily during the forecast period. According to product segment, the global commercial building automation market is bifurcated into interfacing components, HVAC systems, light sensors, power supply, security & surveillance, and room automation. Among these, HVAC system segment is likely to dominate the market in the forecast period. As per material, temperature and lighting control segments are expected to retain their positions in the forecast period 2015-202 too.

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The global commercial building automation market is divided into different regions which include Europe, North America, Asia Pacific, and some other regions.  Europe and North America are anticipated to hold the majority market share throughout the forecast period. Energy-efficiency and cost-effectiveness is one of the main driving factors for the growth of commercial building automation market in North America and Europe. Also, Asia Pacific is expected to grow at a significant rate owing to the increasing demand for this market.

Construction Sector to Drive the Global Building Automation Market at a Significant Rate

The global commercial building automation market is expanding and is expected to see lucrative growth due to the continuous developments in construction sector. With the rising economic growth, demand for construction projects has increased across the globe. Regions such as Middle East and Africa possess a powerful base in terms of commercial building automation and therefore, is estimated to drive the market growth in the coming years.

Rapid development in the construction sector has also led to reduce volumes of materials coupled with less use of power. Adding to this, the governments have imposed various strict guidelines over the effective utilization of resources as environmental pollution has been increasing over past few years. This is estimated to positively impact the commercial building automation development in the coming years.

Low Investment Return and High-value to Restrict Growth of Commercial Building Automation Market

Although the market is growing worldwide yet there are some challenges faced by commercial building automation system. The cost involved in maintaining, operating, and installing these systems is higher. Due to these high costs, the new entrants are finding it difficult to penetrate into the market. Also, the low rate of return is impeding the adoption of commercial building automation to the end-users. In the coming years, this factor is predicted to create some issues for the small players in commercial building automation market globally.

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The aforementioned information is comprised into Commercial Building Automation Market (Products - Power Supply, Interfacing Components, Room Automation, HVAC Systems, Security and Surveillance, and Illumination and Light Sensors; Materials - Lighting Control and Regulation, Interfacing and Inter-working with Other Building Systems, Blind and Shutter Control, Temperature Control and Regulation, Energy and Load Management, Security and Fault Monitoring, Visualization and Remote Control and Monitoring, Reporting, and Display; End Users - Offices, Retail, Hospitality Sector, and Healthcare) - Global Industry, Size, Share, Growth, Trends and Forecast 2016 – 2024.

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Lighting Products Market Notable Developments & Key Players

The U.S. lighting products market exhibits the presence of varied players and a large number of retailers. With the leading players vying to gain the lion’s share, the U.S. lighting products market exhibits a highly competitive landscape. Moreover, this lighting industry operates at surplus of products, causing fiercer rivalry among players, finds Transparency Market Research (TMR) in a recent study.

The Home Depot, Lowes, Target, Wal-Mart, Bed Bath & Beyond, Sam’s Club, Menards, and Costco are among the leading market players. Of these companies, The Home Depot emerged dominant holding a share of over 19% in the overall market in 2015. It is currently focusing on its future plans of expanding the presence across the U.S. suburban area. On account of such business policies, The Home Depot’s dominance is expected to continue through the report’s forecast period. Other companies as well will focus on expanding their regional presence in order to gain sustainable growth in the near future.

According to TMR, the U.S. lighting products market, which stood at US$185.65 bn in 2015, is forecast to reach US$285.84 bn by the end of 2024. If these figures hold true, the U.S. lighting products market will progress at a CAGR of 5.0% between 2016 and 2024.

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Residential Lighting Segment to be a Major Contributor to Market’s Growth

By standalone type, pace of gains in the others segment is projected to remain the highest through the forecast period. The T8LED tube bulb segment will emerge as the second-lead in the market and held around 26% of the overall market in terms of value in 2016. Based on application, the residential lighting segment emerged dominant in 2015 and is expected to continue leading the market through the forecast period. TMR predicted its overall value-based share to reach over 69% by the end of 2016. The residential lighting segment is expected to gain from the increasing demand for retrofitting in the U.S.

Growth Witnessed in Construction Sector to Fuel Demand for Lighting Products

The lighting products market in the U.S. is treading along a positive curve. The rising installation of bulbs and lighting fixtures across major applications will aid the expansion of the U.S. lighting products market. Growth witnessed in the residential and non-residential constructions will thus have an inevitable impact on the overall demand for lighting products. Besides new constructions, the demand for retrofitting advance bulbs and tubes will emerge as a chief market driver.

As the country focuses on propagating energy-efficiency and implements supportive policies, the U.S. will witness a considerable surge in the demand for lighting products across residential, industrial, commercial, and outdoor applications. Given the scenario, the demand for LED tubes and bulbs has accelerated. In the coming years other market segments are prophesized to benefit as well in response to the rising awareness. Further, the market is likely to benefit from the rising purchase of chandeliers and other customizable lighting products aimed at enhancing the aesthetic view of residential and commercial complexes.

Further, the growth in the purchase of chandelier and other customized fixture to enhance the aesthetic view of a premises at commercial and residential arena has made the U.S lighting product market attractive for new players.

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Declining Construction of New Homes Poses Threat to Market

Because the market’s success is intrinsically linked with construction activities within an economy, decline in construction of new homes witnessed in the U.S. will have a negative influence in its overall trajectory. This will act as a major growth barrier, threatening the market’s expansion in the coming years. Nevertheless, the U.S. is efficiently testing solar powered lighting products to bolster the use of non-renewable resources across industries. Several manufacturing companies are venturing into this practice by providing a wide-range of solar-powered decorative lighting products. This, coupled with investments in technological developments, will aid the lighting products market’s expansion in the U.S. in the coming years.

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Industrial Laser Market: Key Players and Production Information analysis

The global industrial laser market features the presence of several large companies that renders a competitive vendor landscape, states Transparency Market Research (TMR) in a new report. Top companies are vying to enter into partnerships with smaller ones to expand their product offerings and tap into growth opportunities in local markets.

Some key companies operating in the global industrial laser market are TRUMPF, Coherent, Hypertharm Inc., Apollo Instruments, Amonics Ltd., IPG Photonics, Clark MXR, Calmar Laser Inc., 3 SP Technologies S.A.S., and Han’s Laser Technology

As per the TMR report, the global industrial laser market is predicted to expand at a moderate 4.6% CAGR between 2017 and 2026. In terms of product type, the key segments into which the industrial laser market is classified are CO2 lasers, solid state lasers, fiber lasers, and others. Out of these, the fiber laser product segment is the most attractive one worth US$900 mn. However, the others product type segment is anticipated to witness faster growth rate over the forecast period through 2026. By end-use, the industrial laser market is segmented into medical defense, construction, electronics, aeronautics & marine, automotive, utility and other verticals. In terms of application, the industrial laser market is classified into micromaterials, marking, and macromaterials.

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Widespread Use across Industries Boosts Growth

Owing to a number of micro-economic and macro-economic factors, the global industrial laser market is set to tread a growth path, says the author of the study. Surging demand for processing manufacturing materials across industries continues to be a key growth driver of the industrial laser market. Heat treatment, cutting, welding, drilling, and marking are some industrial processes that require industrial laser. Industrial lasers continued to be used substantially for welding manufacturing materials and for heat treatment of surfaces for the purpose of transformational hardening mainly in automotive and electronic industry.

Due to benefits of precise cutting and low contamination levels, laser cutting technology finds widespread applications. Laser cutting enables manufacture of tools that enable precise cutting of steel and aluminum sheets for various end-use. Attributes of low contamination levels of laser cutting technology also contributes to the growth of industrial laser market.

Furthermore, integrating industrial lasers with advanced technological features such as GPS technology and sensors is likely to boost their sale for application in various industries. Industrial lasers offer features for data collection in various end-use industries such as mining, telecommunications, forestry, construction, and natural resource management.

Newer Use of Industrial Laser for Educational Pursuits Benefits Market

In recent years, the use of industrial lasers in educational institutions have come to the fore. They are used for cutting tubes, sheets and plates, and box sections for various academic activities. In the medical sector, rising demand for dermatology and cosmetology are boosting sale of industrial lasers. LIDAR sensors comprising a sensor, laser, and a specialized GPS receiver finds application in several industries such as manufacturing and automotive. This is also driving the demand for industrial lasers.

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Despite an array of factors fostering the industrial laser market, factors such as high cost of installation, health and environment issues, and limited number of suppliers are bottlenecks to the market’s growth.

The review presented is based on the findings of a TMR report, titled “Industrial Laser Market (Product Type - CO2 Lasers, Fiber Lasers, Solid State Lasers, Others; End-Use Verticals - Medical, Defence, Aeronautics & Marine, Construction, Automotive, Electronics, Food & Textile, Utility, Other Verticals; Application - Marking, Micromaterials, Macromaterials; Power Type-High(more than 1KW), Medium(100W to 1KW), Low(1W to 100W)) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026.”

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Compact Camera Module Market: Industry Analysis and Detailed Profiles of top Industry Players

In the foreseeable future, development of compact camera modules will be deeply influenced by growing integration of cameras and image capturing technologies in the core functioning of electronic hand-held devices such as smartphones and tablets. Leading manufacturers of compact camera modules are focusing on extending the resolution envelope by capitalizing on the increasing demand for advanced camera module technologies in the consumer electronics industry. Companies namely, LG Innotek, Semco, Foxconn Sharp, O-Film, Sunny Optical, Henkel, Liteon, Menex, Q-tech and Cowell, which are observed as the global leaders in compact camera module manufacturing are pushing the reliability of their modules and extending the camera module functionalities to capture the changing interests of end-users.

Transparency Market Research observes that these companies will actively partake in the expansion of the global compact camera module market during the forecast period, 2017-2026. According to the report, the global compact camera module market will witness a robust expansion at 12.1% CAGR in terms of value over the forecast period. It has been estimated that by the end of 2026, more than US$ 92.8 Bn worth of compact camera modules will be sold across the globe.

Compact Camera Modules with Auto-Focus Lens to Capture High Demand

In the approaching years, the compact camera module ecosystem will witness a growing demand for back-end camera modules. Several electronic devices will witness integration of backside camera modules with their electrical mainframe. With respect to such growing demand, majority of market players will be focusing on extending the production of compact camera modules with auto-focus lens. By the end of 2026, more than 70% of compact camera modules sold in the global market will be equipped with auto-focus lens. The report further reveals that the demand for compact camera modules with fixed-focus lens will dwindle towards the end of the forecast period.

End-use of Compact Camera Modules in Production of Mobile Devices will Gain Traction

While high-growth sectors such as automotive and consumer electronics are observed as the key end-user industries of compact camera modules, their adoption continues to vary on the basis of type of assembly, camera module technologies and lens bonding materials. In 2017, more than US$ 25 Bn worth of compact camera modules will be sold in the production of mobile devices.

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The report further projects that the mobile end-use of compact camera modules will register an impressive revenue growth at 13.1% CAGR over the forecast period. Meanwhile, automotive end-use of compact camera modules will gain steady traction and bring in revenues worth over US$ 5.5 Bn by the end of 2026.

APEJ Compact Camera Module Market to Register High Value Growth

In terms of regional expansion, the global market for compact camera module will witness a concentered growth in the Asia-Pacific excluding Japan (APEJ) region. By the end of 2026, the APEJ compact camera module market is pegged to be worth nearly US$ 40 Bn. High presence of consumer electronics manufacturers in Taiwan and other parts of the APEJ region will continue to bolster its growth in the global compact camera module market. In addition, explosive growth registered in APEJ automotive industry will further support a greater automotive end-use of compact camera modules in this region. North America and Europe are also expected to be at the forefront of the global compact camera module market expansion through 2026.

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High Power RF Amplifier Module Market: Development Insight and Manufacturers Challenge Competitors

Frequent technology updates in RF amplifier modules have encouraged manufacturers in further innovating and enhancing designs, which in turn is anticipated to intensify competitive landscape of the global high power RF amplifier module market. Lucrative opportunities supported with favorable policies have been prompting new companies to enter the market. Innovative strategies are being adopted by leading market players for differentiating their products and consolidating their market position.

Key players actively partaking in the global market for high power RF amplifier module include RF and Microwave Power Technology, LLC, Tomco Technologies, Electronics & Innovation, Ltd., Aethercomm Inc., Empower RF Systems, Inc., OPHIR RF, API Technologies Corp., Microsemi Corporation, NXP Semiconductors N.V., and Analog Devices, Inc.

The global high power RF amplifier module market is set to record a spectacular growth over the forecast period (2017-2026), as slated by a recently published report of Transparency Market Research (TMR). Worldwide sales of high power RF amplifier module are envisaged to surpass revenues worth US$ 2,500 Mn by 2026-end.

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Regulations to Limit Electromagnetic Interference Compelling Manufacturers to Acquire EMC Certification

Electronic device manufacturers are focusing on the provision of products equipped with wireless technologies, with an aim to impart advanced features to customers. Electromagnetic radiation emanated by these devices tend to be harmful for the environment and human health. Several countries have enacted regulations for limiting electromagnetic interference of wireless devices, which in turn has compelled manufacturers to acquire electromagnetic compatibility (EMC) certification prior to introduction of their products in the market. It has become imperative that wireless devices have EMC certification and comply with regulatory standards for ensuring public safety. As high power RF amplifier module provides higher gains during its operation across dynamic range of frequencies, it is well-suited for use in EMC testing equipment.

100% efficiency of electronic devices cannot be guaranteed, and optimizing performance and output remains a major concern for high power RF amplifier module manufacturers. High power amplifiers consumer large amount of energy and power, even when they are inactive, thereby leading to additional operational costs. Cost associated with high power and energy consumption of high power RF amplifier modules, complexity in their design, and large size are key factors undermining demand for these amplifiers.

Key Research Findings from TMR’s Report

• High power RF amplifier module with output power 10-50 watts is anticipated to remain the largest revenue contributor to the market. Revenues from this output power segment will remain significantly larger than those from all the other output power segments combined.
• Envisaged to account for more than half revenue share of the market during the forecast period, class AB high power RF amplifier module will remain preferred among end-use verticals in the market. Revenues from class A high power RF amplifier module are anticipated to reach over half of those procured from sales of class AB segment by 2026-end.

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• On the basis of end-use vertical, healthcare is anticipated to reflect the fastest expansion in the market through 2026, albeit revenues will remain sluggish. Wireless communication, on the other hand, will prevail as the largest revenue contributor to the market. Revenues from sales of high power RF amplifier module in military & defense will remain significant.
• Broadband high power RF amplifier module will continue to be dominant among products in the market, in terms of revenues.
• In terms of revenues, North America will continue to spearhead the global high power RF amplifier module market. Europe and APEJ will also account for a significant market revenue share during the forecast period.

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Optical Sorters Market - Repository of Analysis and Information for Every Facet of the Market

The global optical sorters market was valued at US$ 1,368.1 Mn in 2017 and is projected to expand at a compound annual growth rate (CAGR) of more than 10.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Optical Sorters Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Cost reduction and increase in productivity through automation, growing labor costs, and stringent government regulations pertaining to food safety are primary factors that are expected to boost the market during the forecast period.

For instance, automation technologies and solutions are being implemented in numerous industries to eliminate human error, minimize energy consumption, for product quality consistency with cleaner energy, and for efficient data collection and consolidation. Increase in productivity and speed with automation results in shorter delivery time and efficient business operations. Industries such as food, mining, and recycling are witnessing significant adoption of various types of optical sorters for optimized operations.

Significant initial capital investment can hamper the optical sorters market

Optical sorters are the result of integration of various advanced and sensor based technologies including high resolution cameras, Near-infrared (NIR) spectroscopy, laser, Shortwave Infrared (SWIR), X-ray, and Biometric Signature Identification (BSI). These technologies provide optimum precision, efficiency, and speed compared to traditional sorting technologies. Nonetheless, prices of such technologically advanced machines are significantly higher which impacts their use in many industries particularly small and medium enterprises.

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Food processing segment is expected to hold significant market share during the forecast period

In terms of end-use, the optical sorters market is segmented into food processing, tobacco processing, waste recycling, mining, and others. The waste recycling segment is expected to expand at a significant CAGR of approximately 11% during the forecast period. However, the food processing segment is anticipated to hold a prominent share of the market during the forecast period. Growth in demand from consumers for high quality food products, and stringent government regulations pertaining to food safety and food quality are some of the major reasons for revenue generation from the food processing segment.

Optical sorters market in North America expanding at a rapid pace

The market in North America is expected to expand at a considerable CAGR during the forecast period. The factors contributing to the expansion of the market in North America are rise in merger and acquisition activities and significant growth in adoption of optical sorters in waste recycling plants. For instance, in June 2017, Penn Waste, Inc., a Pennsylvania, U.S.-based commercial and residential waste recycling and removal services provider, introduced NRT MetalDirector and NRT optical sorters in its materials recovery facility (MRF).

The new system integration will improve output material purity and throughput to more than 45 tph (tons per hour). Penn Waste is one of the early adopters of Max-AI technology of National Recovery Technologies, a company that uses artificial intelligence to detect non PET (polyethylene terephthalate) items from waste.

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Key players such as TOMRA Systems ASA, Buhler AG, Key Technology, Binder+Co AG, and Satake Corporation likely to lead the optical sorters market

TOMRA Systems ASA, Buhler AG, Key Technology, Binder+Co AG, and Satake Corporation are some of the major players operating in the optical sorters market, profiled in this study. Various companies are establishing partnerships, and are carrying out strategic expansions to enhance their optical sorters offerings worldwide. For instance, in February 2018, one of the leading providers of collection and sorting solutions, Tomra Systems, signed an agreement to acquire 100% shares of BBC Technologies. BBC Technologies specializes in the design, development, manufacture, and installation of sorting, optimizing, and packaging solutions. The acquisition will further boost Tomra’s market position in sorting, grading, and packaging solutions for packaged, processed, and fresh foods.

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Articulated Robot Market: Insights into the Competitive Scenario of the Market

Various end-use industries in the articulated robot market are leveraging the marked flexibility and large work envelop to advance the level of automation. Manufacturers and integrators of articulated robots are gravitating toward the launch of robotic technologies to meet the need for turnkey solutions for key end-use industries. Broad focus has been on improving the dexterity and precision for several of these players in the articulated robot market. Particularly, this is one of the factors that has kept demand increasingly lucrative.

Several advantages have been driving their popularity in such application. The ease of deployment and reduced installation cost are at the forefront of the motivations for harnessing the potential of articulated robots in automation applications.

The overall articulated robots, projects a report by Transparency Market Research, will rise at the CAGR of 14.22% during the forecast period of 2018 - 2026.

Sheer Pace of Automation Heralded by Industry 4.0 Spur Demand

The longevity and affordability of articulated robots have spurred automotive, aerospace, electronics, and food and beverages. Strides being made by Industry 4.0 have helped in the expansion of the market. The industrial revolution trend has gained traction in the current generation of manufacturing technologies and processes, underpinning new prospects in the articulated robots market. A case in point is the popularity that Selective Compliance Assembly Robot Arm or SCARA has achieved in range of robotic assembly applications, mainly due to performance gains the businesses have reaped.

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Sheer pace of the factory automation in developing economies has imparted a marked momentum to the expansion of the articulated robots market. Among the various propositions, superior repeatability and positional capabilities have been bolstering the demands for articulated robots across all applications. Over the past few years, growing traction of high-precision cobots in the Industry 4.0 has opened new avenues in the articulated robots market.

Demands from Electronic Manufacturing Services Industry Keep Value Chain Robust

 Some of the well-entrenched manufacturers of articulated robots are Toshiba Machine Co. Ltd., Seiko Epson Corporation, Mitsubishi Electric Corporation, Mitsubishi Electric Corporation, and FANUC CORPORATION. A large numbers of them are domiciled in Asian countries. Several globally prominent players are based in Asia Pacific nations, endowing the region a prominent position. A large chunk of recent demand has come from electronic manufacturing services industry. The industry vertical is expected to clock a promising CAGR 2018 to 2026.

Furthermore, the region has seen a slew of exciting launches in the articulated robot market. The incorporation of advanced sensor and next generation engineering has helped bring out new robotic technologies in the articulated robot market.

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Growing applications of 6-axis articulated robots in mechanical assembly, material handling, palletizing, and packaging has boosted revenue generation in the market. Several key players have been spending sizably on the research and development of these robots. Further, their use in high payload capacity is expected to bolster the creation of lucrative avenues in the articulated robots market.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Articulated Robot Market (Components - Hardware, Software, Services; Payload Capacity - Low, Medium, High, Heavy; Industry Vertical - Automotive, Aerospace, EMS, Food & Beverages, Medical & Pharmaceuticals, and Others] - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026.”

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