Motion Controller Market Share, Industry Size, Opportunity, Analysis, Forecast 2020-2027

Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global market for motion controllers benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens.

The report states that the market will exhibit a promising 7.82% CAGR from 2019 to 2027, registering a promising revenue opportunity of US$3,670.30 Mn by 2027 from US$1,878.68 Mn in 2018.

Thriving Industrial Sector in Asia Pacific to Remain a Strong Force for Global Market

Geographically, the market in Asia Pacific, which is domicile to some of the leading companies operating in the field of motion controllers, has been a prime player in terms of innovations and technological advancements in the area. Moreover, the increased adoption of smart manufacturing techniques to achieve plant-wide optimization, sustainable production, and data inter-operability across a number of steadily expanding end-use industries has also solidified the region’s position in the global market. Accounting for over 30% of the global market in 2018, the region is likely to hold on to its top spot by registering an impressive 9.3% CAGR from 2018 to 2017.

In terms of technology, the segment of general motion controller contributed the dominant share in global revenue in 2018 and is anticipated to expand at a promising CAGR of 7.5% over the report’s forecast period. The segment of CNC motion controllers is anticipated to register a decent CAGR over the forecast period owing to the rising adoption of CNC machines in manufacturing and metal industries in developing economies such as Vietnam, Brazil, South Africa, and Australia.

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Attempts Made to Establish Smart Manufacturing Facilities Compel Increased Adoption

The global motion controller market is chiefly driven by the increasing adoption of plant and process automation across industries that are inclined towards establishing smart factories and smart manufacturing processes in their ecosystems as a way of achieving high productivity, efficiency, and process optimization. This is especially true for developing geographies such as Asia Pacific and South America. With increasing investment of government and private bodies in manufacturing and process industries, emerging economies of China, India, Indonesia, and Vietnam in these regions are fueling the adoption of a variety of global motion controllers.

The global motion controller market is also driven by a vast set of factors including the need for higher throughput from industries with improved accuracy and greater equipment efficiency and rising concerns regarding the safety of human resources in industries with difficult operation environments. However, factors such as the low availability of skilled labors could hinder the growth prospects of the global motion controller market during the forecast period.

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This review of the global motion controller market is based on a recent market research report by Transparency Market Research, titled “Motion Controller Market (Type of Axis - Multi Axis, and Single Axis; Technology - General Motion Controller and CNC Motion Controller; Product - PLC Based Motion Controller, Stand-alone Motion Controller, and PC Based Motion Controller; Industry Vertical - Aerospace and Defense, Automotive, Semiconductor and Electronics, Metal and Mining, Food and Beverages, Healthcare, Pharmaceuticals, Plastic and Rubber, and Textile) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027.”

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Industrial Radiography Equipment Market Advancements, Behaviour, Challenges, Opportunities, Top Companies and Forecast by 2027

According to a new market research report published by Transparency Market Research titled ‘Industrial Radiography Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global industrial radiography equipment market was valued at US$ 574.8 Mn in 2018 and is expected to expand at a CAGR of 6.75% from 2019 to 2027, to reach value of US$ 1,032.7 Mn by the end of the forecast period.

Growing popularity of industrial radiography across the globe to fuel the market

Industrial radiography is increasingly being used in various sectors, such as aerospace & defense, semiconductor, and oil & gas, in order to ensure the structural integrity of products and identify faults, if any, in the manufacturing of components. This is projected to augment the demand for industrial radiographs across the globe. This, in turn, is likely to fuel the industrial radiography equipment market during the forecast period.

Increasing miniaturization in the semiconductor industry to fuel the global industrial radiography equipment market

Over the last few years, the semiconductor industry has been flourishing across the globe, especially in developing economies such as China and India. There have been several technological advancements in the field of semiconductors as the size of electronic components continues to shrink and the demand for high-performance products with increased efficiency in terms of power consumption is increasing.

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The shrinking size of components makes it difficult to conduct quality tests on components such as printed circuit boards (PCBs), wafers, plug contacts, and wiring. With the help of industrial radiography, it is possible to carry out nondestructive analysis of electronic components such as surface-mount devices (SMDs) and column grid arrays; to identify solder bumps in ICs; and to study the thickness of materials coated on PCBs. Industrial radiography is increasingly being used in the semiconductor sector by key players engaged in the manufacture of electronic components in order to ensure high quality and efficient performance.

Digital radiography segment to expand at a rapid pace throughout the forecast period

Based on imaging technique, the global industrial radiography equipment market has been divided into film-based radiography and digital radiography. Furthermore, the digital radiography segment has been sub-segmented into direct radiography, computed radiography, and computed tomography. Owing to high quality of images generated with the help of digital radiography, the digital radiography segment is expected to expand at a rapid pace during the forecast period. High quality of images makes it possible to better analyze the quality of components under consideration.

Asia Pacific to be rapidly expanding market for industrial radiography equipment led by rising popularity of laundromats in the region

In terms of geography, the global industrial radiography equipment market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. In 2018, North America was the leading market, followed by Europe. The market in Asia Pacific is expected to expand at the maximum CAGR from 2019 to 2027, due to rising popularity and growing adoption of industrial radiographs across various sectors in the region.

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Key players focusing on expanding their footprint worldwide and gain a competitive edge

Key players operating in the global industrial radiography equipment market are focusing on the development of new products and their introduction in the market to gain a competitive edge and improve their brand positioning in the market. For instance, in November 2018, Fujifilm Corporation announced that it would be adding two new digital radiography (DR) detectors i.e. the Calneo Dual (available only in Japan) and the FDR ES to its portfolio of digital radiography solutions. Furthermore, major players are engaged in forming strategic alliances with peers and less established players in order to gain market share. Key players operating in the global industrial radiography equipment market are Fujifilm Corporation, Comet Group, Shimadzu Corporation, Nikon Corporation, and North Star Imaging.

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Building Automation and Control System Market Latest Trends, Demands, Overview and Analysis by 2027

Transparency Market Research delivers key insights on the global building automation and control system market. In terms of revenue, the global building automation and control system market is estimated to expand at a CAGR of ~9% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global building automation and control system market.

The building automation and control system (BACS) term refers to a centralized system that monitors, controls, and records functions of building services. Building facilities that are monitored and controlled by a reliable BACS tend to maintain the building environment in a more efficient manner and reduce the environmental impact and energy costs of the building. The core functions of a BACS system include maintenance of control over the building environment, operation of systems according to occupancy and energy demand, monitoring and correction of the performance of systems, and issuing of sound alerts as required.

Based on application, the global building automation and control system market has been segmented into facility management, fire control system, safety & security system, energy management system, and others. In terms of technology, the study takes into consideration wired as well as wireless technology-enabled devices and systems used for building automation and control.

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Building Automation and Control System Market: Dynamics

In this report, TMR proposes that building automation and control systems are estimated to undergo technological advancements in the near future. Building automation and control systems are applied in lighting, safety and security, entertainment (audio and video), and HVAC (heating, ventilation, and air-conditioning) applications.

In addition to these core applications, several new applications are being developed and offered by players operating in different sectors. These include home healthcare, remote monitoring (as a specialized part of safety and security), home robotics, and pet care.

The home healthcare segment holds high growth potential, due to increase in elderly population and rise in the need for elderly care homes. As for home healthcare, use of automation systems helps save on expenses incurred for visits to the doctor or for deputing a nurse at home. It also saves efforts to dedicatedly monitor people at home.

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This has promoted growth of the global building automation and control system market, as consumers have more solutions available to choose from and they enjoy their discretion in terms of price and features. Moreover, the development and adoption in application such as facility management, fire control system, safety & security system is anticipated to increase during the forecast period, thereby fueling the global building automation and control system market.

Building Automation and Control System Market: Prominent Regions

North America is estimated to hold a major share of the global building automation and control system market in the next few years, as manufacturers in the region offer advanced building automation and control systems. The market in the region is expected to expand significantly during the forecast period, primarily due to early adoption of building automation technologies. The market in Asia Pacific is expected to expand at the maximum CAGR from 2019 to 2027, owing to rapidly growing adoption the hi-tech technology in this region.

Key manufacturers operating in the global building automation and control system market are displaying synergies through collaborations with distributor companies and raw material suppliers in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increase in the production capacity, so as to meet the rising demand for building automation and control systems across the globe.

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Building Automation and Control System Market: Key Players

Key players operating in the global building automation and control system market are Honeywell International Inc., ABB Ltd., Crestron Electronics, Inc., BuildingIQ, 75F, LLC, Siemens AG, Johnson Controls International Plc, Hubbell, Legrand, Schneider Electric SE, and United Technologies Corporation.

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Ultra-Hard Material Cutting Machines Market 2020 Global Analysis, Share, Trend, Key Players, Opportunities & Forecast To 2027

It is expected that the lucrative opportunities floating in the global ultra-hard material cutting machine market would soon be capitalized upon by the larger vendors. Moreover, the success of leading vendors has also persuaded newbie entities to enter into the global ultra-hard material cutting machine market. There medium-sized vendors in the global ultra-hard material cutting machine market stand a strong chance of becoming renowned entities in the market.

This can be achieved by these vendors through acquisition of smaller vendors and by following the path traced by the larger vendors. Some of the key vendors operating in the global ultra-hard material cutting machine market are Incorporation (The U.S.), OGI Systems Ltd. (Israel), GF Machining Solutions (Switzerland), Coherent Incorporation (The U.S.), and Rollomatic Inc. (The U.S).

The demand within the global market for ultra-hard material cutting machine has been rising on account of advancements in the industrial sector. Several new and old technologies are collectively used across industrial units to cut hard materials. The vendors in the global ultra-hard material cutting machine market are making ardent efforts to ensure that their revenue index regularly improves. Furthermore, the vendors have made rational choices with regards to manufacturing and marketing which is projected to bring in key revenues into their kitty. The leading vendors have prioritized customer satisfaction, and have made premium efforts to attract new consumers.

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Transparency Market Research (TMR) predicts that the global ultra-hard material cutting machine market would expand at a healthy CAGR of more than 10.0% over the period between 2019 and 2027. Furthermore, the total worth of the global ultra-hard material cutting machine market is projected to touch more than US$1.81 bn by 2027-end, rising up from a value of US$988.04 mn in 2018. On the basis of geography, the demand within the market for global ultra-hard material cutting machine in Asia Pacific is expected to increase at a starry rate.

Use of Several Ultra-Hard Materials in Industries

The manufacturing sector is a haven of multiple domains wherein a range of products are used. Amongst these, several products and materials fall under the category of ultra-hard materials. Hence, the manufacturing sector has emerged as the most prominent consumer within the global ultra-hard material cutting machine market. Furthermore, the use of metals and ores that harden on being subjected to heat or other chemical processes are also in great demand across several industries. This factor is also prognosticated to bring in voluminous revenues into the global ultra-hard material cutting machine market.

Popularity of Laser Cutting to Propel Market Demand

Several techniques for cutting hard surfaces, ores, metals, and materials have been developed in recent times. However, no other technique surpasses the effectiveness of laser cutting technologies, and the latter are in tremendous demand across the globe. Hence, the global market for global ultra-hard material cutting machine is expected to expand at the back of growing popularity of laser cutting in multiple industries. The market for global ultra-hard material cutting machine is also expanding alongside greater availability of electrical discharge machines across industrial units and manufacturing outlets.

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The review is based on TMR’s report titled, “Ultra Hard Material Cutting Machines Market (Types - Electrical Discharge Machines (EDM) and Laser Cutting) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027.”

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Air Springs Market 2020- Growth, COVID-19 Analysis, Forecast, Industry Analysis and Forecast 2020-2030

In the automotive industry, the use of air suspension system is extensive and this has substantially increased the demand for air springs in the sector. Besides, the changing conditions of terrain and increased user demand for effortless and convenient driving is anticipated to trigger sales of air springs. This factor is likely to support growth of the global air springs market over the timeframe of analysis, from 2020 to 2030.

The growth of the global air springs market is expected to be driven by the aftermarket part of the business as well. After a pre-determined range of driving, it is essential to replace the air springs, which is likely to augur well for the market in the years to come. In addition, several technological developments have brought in new composites and designs that are to be utilized in air springs.

These developments are expected to open up new growth avenues for the global air springs market in the years to come. Air springs are being utilized in various heavy-duty vehicle suspension systems for almost a century. In these applications, compressed air needed for braking system is utilized to prove to be useful in these applications. Such multiple uses of the product is likely to support growth of the global air springs market over the tenure of assessment, from 2020 to 2030. These springs offer extra comfort and improve the overall quality of the ride.

Product type, end user, and region are the three important parameters based on which the global air springs market has been classified.

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Global Air springs Market: Notable Developments

One of the important market developments that give a quick view of the dynamics pertaining to the global air springs market is mentioned as below:

• In October 2019, Germany-based Continental AG introduced a lightweight air spring that is capable of diminishing the weight of conventional vehicle by 15 kgs. It is considered as the latest technological breakthrough by the company.

Some of the prominent organizations in the global air springs market comprise the below-mentioned:

• Firestone Industrial Products Company, LLC
• Continental AG
• Dunlop Systems and components
• Hendrickson USA, L.L.C.
• Tata AutoComp Systems Ltd
• VDL Weweler-Colaert nv

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Global Air springs Market: Key Trends

The global air springs market is characterized by the presence of the following restraints, drivers, and opportunities.

Increased Use of Trucks in Various Trading Activities to Fuel Demand in the Market

There has been a steady rise in the manufacturing of commercial vehicles all over the world. This rise in production of vehicles is fuelled by trading activities that involve transportation of goods. Furthermore, these business activities are increasingly opting for local transport systems due to economic viability. The increase in the production of commercial vehicles, especially in rapidly developing parts of the world is anticipated to encourage growth of the global air springs market over the timeframe of analysis, from 2020 to 2030.

Trucks account for a sizeable chunk of the total demand for air springs generated worldwide. Truck racing has recently gathered much attention and is gradually gaining popularity, which has prompted leading truck companies to make investment in truck racing championships. These racing trucks require improved safety features that enable integration of air spring suspensions, thereby driving the growth of the global air springs market in the years to come. In a bid to facilitate better performance of racing trucks, investment are being made to develop improved and technologically advanced air springs.

Global Air springs Market: Geographical Analysis

In the global air springs market, North America is likely to account for a considerable chunk of the market revenue and share. The dominance of the region is expected to continue throughout the period of assessment due to the rising demand for trucks in various trading activities. Furthermore, rise in disposable income of the people is estimated emerge as growth factor for the market in the North America.

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Automotive Camera Market Share 2020- COVID-19 Analysis, Growth, Forecast, Predicted to Accelerate by 2020-2026

Leading manufacturers of automotive cameras are leveraging the wide angle lenses’ popularity. Several OEMs have been continuously exploring safety solutions having capability to capture driver blind spots. Camera module manufacturers and OEMs are likely to collaborate and increase their investments for developing new technologies pertaining to automotive cameras.

A report recently collated by Transparency Market Research (TMR) has profiled key companies supporting growth of the automotive camera market worldwide. These market players include Media Data Systems Pte Ltd., Robert Bosch GmbH, Delphi Automotive LLP, Valeo Inc., KYOCERA Corporation, Transcend Information Inc., Ficosa International S.A., Continental AG, Qrontech Co. Ltd., Autoliv Inc., and Ambarella.

Worldwide Sales of Automotive Cameras to Reach approximately US$ 4,800 Mn Revenues by 2026-end

The report projects the global automotive camera market to exhibit an impressive CAGR through the forecast period (2017-2026). Growing demand for various cameras such as digital camera, infrared camera, and thermal camera in passenger cars and commercial vehicles is expected to pave immense industry potential. Automotive camera sales across the globe are estimated to account for approximately US$ 4,800 Mn revenues by 2026-end.

With slowdown in the global economic growth, several industrial sectors suffered stagnancy and automotive camera industry was no exception. Yet, it still has maintained a relatively optimistic expansion over the recent years. Growth of the global automotive camera market is primarily being fuelled by surging demand for complementary metal-oxide semiconductor image sensors (CMOS image sensors). These sensors deliver an improved experience by providing a broad-angle view of the surroundings. In addition, there has been a tremendous surge in adoption of safety solutions, particularly the driver assistance & safety systems such as lane departure warning system (LDWS), blind spot detection system (BSD), forward collision warning system (FCW), head-up displays, and pedestrian protection. Furthermore, shifting focus of automotive manufacturers toward replacing side-view mirrors with cameras will buoy expansion of the automotive cameras market in the upcoming years.

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APEJ and Europe to Remain Most Profitable Markets for Automotive Camera

Asia-Pacific excluding Japan (APEJ) and Europe are anticipated to remain the most profitable markets for automotive camera. The market in North America is projected to register a relatively slower expansion than in APEJ and faster than in Europe through 2026. Revenues from automotive camera sales in North America will also account for a significant market share by 2026-end. In contrast, automotive camera market in Middle East & Africa (MEA) and Latin America will account for the lowest revenue shares of the market throughout the forecast period.

Rear-view enhancement and corner-view cameras are projected to remain dominant among products in the automotive camera market, in terms of revenues. Although revenues from side-view cameras will account for the smallest market share, these cameras are expected to lead the market in terms of sales expansion through 2026, followed by corner-view cameras.

Compact Passenger Cars – Most Lucrative Vehicles in the Market

Compact passenger cars are anticipated to remain the most lucrative among vehicles in the global automotive camera market, followed by mid-sized passenger cars. Light commercials vehicles are also expected to gain ample revenue share of the market by 2026-end. On the other hand, heavy commercial vehicles will continue to account for the smallest revenue share of the market.

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Automotive cameras will continue to witness the largest application in parking surround view, trailed behind by 360? surround view. In addition, drowsiness and blind spot applications of automotive camera will register the fastest expansion at nearly equal CAGRs through 2026.

On the basis of technology, although stereo cameras will remain preferred among vehicle owners, sales of mono cameras and infrared cameras will reflect relatively higher CAGRs through 2026. Revenues from sales of infrared cameras will remain comparatively larger than those from mono cameras.

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Hair Wig Market 2020 Share, Size, Global Trend, Market Analysis and Forecast to 2030

Worldwide grooming industry today is witnessing remarkable expansion opportunities. Growing focus of youth as well as millennial population toward improving their overall aesthetic is opening the demand opportunities in the global hair wig market. Growing use of hair extensions as well as full head hair wigs is in one of the popular trend today.

An upcoming research report from TMR on the hair wig market states that the vendors from this market will gain remarkable expansion avenues during upcoming years. This report covers inclusive study of key factors such as challenges, opportunities, drivers, restraints, and key players in the market for hair wigs. Thus, the report is a combination of reliable data and in-depth analysis of the global hair wig market for the forecast period of 2020 to 2030.

The global hair wig market is segmented on the basis of various key factors such as material, type, consumer orientation, end use, sales channel, and region. Based on end use, the market for hair wig is bifurcated into individual users and commercial users.

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Global Hair Wig Market: Growth Dynamics

Du to present fast-paced lifestyle, major population from all across the world is inclined toward the use of convenient options while choosing grooming products. This factor is pushing the growth of the global hair wig market. The market is expected to witness stupendous growth opportunities owing to increasing demand for grooming products from in emerging economies.

In recent years, the disposable income of considerable number of people from all across the globe is increased. As a result, people are growing their spending on improving their appearance.  This factor is working as a driver for the growth of hair wig market. Depending on the material used, there are two types of wigs namely, natural hair and synthetic hair, available in the market for hair wig.

However, presence of other alternatives, such as surgical and non-surgical hair transplant, is the concern for players in the global hair wig market. Nevertheless, the products in the market for hair wig are more cost-effective than other options. At the same time, these products are user friendly in nature. This factors will stimulate the demand for products in the global hair wig market in the years ahead.

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Global Hair Wig Market: Competitive Analysis

Several players working in the global hair wig market are growing efforts to gain leading position in the market. They are using the strategy of strengthening their product portfolio by launching innovative products. This aside, many vendors are growing their online presence. This strategy is allowing them to draw the attention of new customer base while maintaining the existing one. All these moves connote that the enterprises working in the global hair wig market hold substantial growth opportunities in the upcoming years.

The list of key players in the global hair wig market includes:

• SNG
• Rebecca
• Ruimei
• Hengyuan
• Revlon
• Lord hair
• Paula young
• Raquel Welch

Global Hair Wig Market: Regional Assessment

On regional front, the global hair wig market is expected to gather remarkable amount in the form of revenues from North America and Asia Pacific in the forthcoming years. Growing cosmetics and grooming industry in Asia Pacific will drive the market growth. Improved disposable income of major population from various countries such as India and China is fueling the growth of hair wig market in Asia Pacific.

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