Fiber Optic Connectors Market: Deep Company Profiling of Leading Players 2020-2024

The demand within the global market for fiber optic connectors has been rising on account of key advancements in the multiple end-use industries, finds Transparency Market Research (TMR). The presence of a large number of vendors in the global market for fiber optic connectors makes the market highly fragmented.

It is expected that the leading market players in the global market for fiber optic connectors would make voluminous investments to distinguish themselves from the smaller and amateur players. The leading vendors in the global market for fiber optic connectors have continually elevated their quality standards in order to attract consumers into buying their products.

The small- and medium-sized market players in the global market for fiber optic connectors’ have a large playfield to experiment new business strategies, It is expected that the small vendors in the global fiber optic connectors market would stick to the basics of marketing in order to enhance their growth prospects. The medium-sized players in the global fiber optic connectors market could benefit from tying up with the larger players ad getting access to a wider consumer base. Some of the key vendors in the global market for fiber optic connectors are Furukawa Electric Co. Ltd., ZTE Corporation, Hitachi Ltd., Corning Cable Systems LLC, Broadcom Limited, and Sterlite Optical Technologies Limited.

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A report by Transparency Market Research (TMR) finds that the global market for fiber optic connectors would expand at a healthy CAGR of 8.1% over the period between 2019 and 2027. The global fiber optic connectors market had a total worth of US$3.5 bn in 2018, and this figure is expected to touch a value of US$7.2 bn by 2027. On the basis of application, the demand for fiber optic connectors in the telecom industry has been rising at a stellar rate. On the other hand, the market for fiber optic connectors in Asia Pacific is projected to expand at a robust rate in the years to come.

Growth of the Telecom Industry to Propel Demand

The need to ensure seamless communication through transfer of signals in the telecom industry has been growing in recent times. Fiber optic connectors are an indispensable part of the telecom net, and hence, the growth of the telecom industry is projected to drive demand within the global market for fiber optic connectors. Although various types of fiber optic connectors are available in the marketplace, there is no substitute for the base product. This factor has emerged as another key prospects for growth within the global market for fiber optic connectors.

High Price of Fiber Optic Connectors could hamper Growth

The demand within the global market for fiber optic connectors could be restrained by the high costs of these connectors. The per unit cost of fiber optic connectors used in the telecom industry often outdoes the benefits served by these connectors, which has become a major concern of the market vendors. However, the use of fiber optic connectors across data centers and datacom units is projected to keep enhancing the growth prospects of this market. Besides this, advancements in the domain of DWDM systems is also expected to propel market demand in the years to come.

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The review is based on TMR’s report titled “Fiber Optic Connectors Market (Types – LC (Lucent Connectors), SC (Standard Connectors), ST (Straight Tip) Connectors, MPO/MTP (Multiple-Fiber Push-On/Pull-Off), and MXC; Applications – Telecom Industry, Datacom, DWDM Systems, and Lasers) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.

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Water Meter Market: Growth Opportunities to Tap into in 2020-2027

Some of the prominent players operating in the water meter market are Arad Group, Badger Meter, Itron, and Kamstrup. These players are increasing focus towards the adopting various strategies in order to strengthen foot hold in the smart water metering market.

Contracts, agreements, business expansion and mergers and collaboration are some of the widely adopted strategies by the players.

For instance, in 2018, Kamstrup, leading water metering solution manufacturer announced the opening of its new manufacturing plant in United States.

Moreover, in 2018, Diehl, a key service provider has announced their products are available on Microsoft Azure. The company deals in several software associated with water meter. The cloud technology will help them offer a central platform for all of the energy data. Thus helping them make software access simpler and more cost-efficient for a range of manufacturers.

According to a report by Transparency Market Research (TMR), the global water meter market is projected to attain a valuation of US$6.1 bn by the end of 2027. The analysts recorded a valuation of US$4.0 bn in 2018. The water meter market is projected to showcase a steady CAGR of 4.7% during the forecast period.

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On the basis of geography, Asia Pacific is expected to hold a majority of share in the global market during 2019 to 2027.  This is mainly due to the improving infrastructure and rapidly increasing industrialization and urbanization in the region. Based on application, the water meter market is segmented into residential, commercial and industrial segment. Among these, residential sector is anticipated to continue to lead throughout the forecast period. This is because, household residents are the key consumers of water meter market.

Need to Reduce Cost of Operation to Fuel Market’s Growth

The water meter market is projected to attain rise at a healthy CAGR during the coming few years. Growing concern toward water management, need to reduce cost of operation and rise in number of consumers are some of the prominent factor expected to boost the global water meter market in the coming few years.

In addition to this, rising integration of advanced technologies such as Internet of Things and automation in the water meters are some other factors which are expected offer several lucrative prospects to the growth of the water meter market. The accuracy of this equipment and controlled, monitored and transparent billing methods offered by these meters are boosting the consumer’s demands.

Further, players in the water meter market are increasingly integrating several advanced sensors and monitors with the water meter that offers additional data such as water velocity, quality and water flow rate. This is helping industry players efficiently manage water throughout the operation. These factors are driving the growth of the global water meter market.

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Moreover, ultrasonic meters have a longer life span, and they are able to transmit real-time data using communication network connectivity; the data is analyzed by meter data management systems or central monitoring software platforms.

Lack of Governmental Support to Impede Growth

Despite several advancements and growth in the water meter market is likely to suffer from factors such as lack of sufficient financial infrastructure and lack of governments support in developing countries, as per a recent report by World Water Development Report, on an average 480 million people in Asia suffer from water scarcity.

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Valves Market | Size, Share, COVID – 19 Outbreak and Forecast to 2027

Transparency Market Research recently published a report on the global valves market. The study forecasts the market to grow steadily during the forecast period due to the rising demand from the end-use industries. The stringent government regulations across different countries have also supported the global valves market’s expansion during the forecast period of 2019 to 2027. The rising industrialization and development of advanced solutions have also been highly instrumental in the market’s expansion states TMR.

Global Valves Market is Expected TO Grow With a CAGR of 7%

As per the analysis of Transparency Market Research, global valves market was valued US$ 69.7 billion and expected to grow with a CAGR of 7% from 2019 to 2027 and reach the market size of US$ 128.1 bn in 2027.

The market is highly competitive in nature with the presence of small and medium players. Major players operating in this market are adopting strategies including merger & acquisition, product innovation & developments. Moreover, some players are offering advanced and cost-efficient valves that offer enhanced pressure control.

Key companies operating in the global valves market include General Electric Company, Scientific AVK Holding A/S, Schlumberger Limited, KITZ Corporation, and Goodwin International Ltd.

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The Oil and Gas Industry to Lead the Valves Market

It has been estimated that oil and gas segment accounted for the largest market in global valves market and expected to maintain its dominance over the forecast period. Factor attributing to the market growth is automation in the oil and gas industry. There has been an inundation in the use of robots to perform complex industrial tasks. The trend of plant automation is highly prevalent in the oil and gas industry. Such processes essentially require valves to ensure efficiency. These factors have highly contributed to the valves market’s growth.

Another factor attributing to the market growth is growing demand for pipeline infrastructure. Demand of natural gas at global level is one of the key reasons behind the rise in pipeline constructions, thereby steering the market’s growth. The emergence of advanced and efficient valve manufacturing technologies has also contributed to the market’s growth due to an increase in investment for the development of new technologies.

Beside oil & gas segment, some of the key end use industries where valves have higher usage are wastewater treatment, automobile, pulp and paper, and manufacturing industries are also experiencing a high demand of valves. Companies are increasing their production capacity to meet the growing market demand.

Asia Pacific Accounted For The Largest Market

In terms of region, Asia Pacific was valued to be the largest market and expected to maintain its dominance during the forecast period. Rising oil & gas exploration activities coupled with High growth in pipelines sector is driving the market growth.

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Furthermore, growing investments in the oil and gas sector. Japan, China, and India account for a major share in the market’s growth in this region. This is mainly because of the growing industrial sector and increase in the production of industrial valves. The market’s growth in China is driven by high demand from the chemical plants. In addition, rising demand of valves from automotive industry will boost the market demand in coming years.

The study presented here is based on a report by Transparency Market Research (TMR), “Valves Market (Product Type – Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves; Industry – Oil and gas (LNG, petroleum – Upstream, Midstream, Downstream), Power (Fossil – Coal and Oil, Natural Gas), Nuclear Power, Chemicals, Marine, Construction, Pulp and paper, Mining, Water and Wastewater Treatment) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

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Industrial Gear Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

Transparency Market Research delivers key insights on the global industrial gear market. In terms of revenue, the global industrial gear market is estimated to expand at a CAGR of 5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global industrial gear market.

The global industrial gear market is affected by several factors. Industrial gear finds application in a wide range of heavy industries and manufacturing industries due to its capability of reducing mechanical work in various processes and operations. Vast population and the incremented income at the global level have encouraged several industries to extend their facilities to meet the demands of consumers. These industries include textile, oil & gas, pulp & paper, and food & beverages. These are the key factors driving the industrial gear market growth.

Industrial Gear Market: Dynamics

Investments in discrete manufacturing sectors such as packaging, plastics, automotive, and material handling are expected to create sales opportunities for industrial gear. The manufacturing of mass-produced automobiles and processing of food, pharm, biotech, etc. typically relies on conveyors and equipment to bring the parts and assemblies to a location where robots or workers are tasked with a specific function. These electric motors are often connected directly to gearboxes with the help of gear as these are used for driving conveyors, lifts, robot arms, etc.

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Machines used in the packaging industry must deliver high performance in often demanding environments. High speed and accurate and repeatable movements are necessary in environments where temperature, pressure, and loads can place a strain on electromechanical components, including packaging gear. This showcases an opportunity for the growth of the industrial gear market.

Industrial Gear Market: Prominent Regions

Asia Pacific dominates the global industrial gear market with China in the dominating position despite the market slowdown. The U.K is an attractive industrial gear market in Europe, while Germany is the largest market. In South America, Mexico is opening doors for new opportunities. The industrial gear market in Middle East & Africa is likely to grow at a moderate rate due to various global events lined up in the upcoming years. The industrial gear market will be driven by increasing automotive production coupled with large scale EPC projects in all geographies.

Asia Pacific is the biggest and fastest growing markets for industrial gear. Asia Pacific being a mix of developed and developing countries is projected to provide better opportunities for market growth during the forecast period. Economic growth and high demand for industrial gear from small and medium scale manufacturers are driving the market growth.

Germany accounted for the largest industrial gear market in Europe. Germany is set to maintain its dominance during the forecast period. Large number of industrial gear manufacturers are present in this region, which is one of the key market driving factors.

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Industrial Gear Market: Key Players

Key players operating in the global industrial gear market are ABB Ltd, Siemens AG, Martin Sprocket & Gear, Inc., Hota Industrial Manufacturing Co., Ltd., OKUBO GEAR Co., Ltd., Bharat Gears Ltd., Elecon Engineering Company Limited, Precipart Corporation, Kohara Gear Industry Co., Ltd., Aero Gear Incorporated, Shanthi Gears Limited, Ashoka Machine Tools Corporation, Cleveland Gear Company Inc., Meritech Group, and Bevel Gears India Pvt. Ltd.

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Construction Tape Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

Transparency Market Research delivers key insights for the construction tape market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020–2028. In terms of revenue, the global construction tape market is projected to grow at a CAGR of 4% during the forecast period, owing to several factors, about which TMR offers detailed insights and forecasts in the construction tape market report.

Construction tapes are high quality adhesive tapes that possess high sealing strength, predominantly used in the construction industry for numerous applications such as masking, sealing, bundling, fixing, framing, etc. Construction tapes have brought about a significant change in the way construction activities such as paint masking, insulations, sealing, and others are done and projected to witness significant traction in the foreseeable future. The TMR team segmented the analysis of construction tape market based on product type, distribution channel, and application. As per TMR analysis, based on product type, masking construction tape segment in the global construction tape market is expected to account for hefty market share and to further lead to the overall construction tape market during the forecast period.

Product Level Innovation in Adhesive Industry Escalate Market Growth

The global construction tape market is driven by innovation in product design and manufacturer’s convenience is being kept at the epicenter. Manufacturers of construction tapes across the continents are emphasizing on the incorporation of innovative features such as excellent conformability and tear properties for irregular paint surfaces, water and moisture resistance, etc. This can be exemplified by 3M Company’s masking and duct tapes, especially designed for the building & construction industry for heavy and non-heavy duty applications. These tapes offer conformability on irregular surfaces and around corners, tight moisture resistant sealing, strong water-resistance, and others.

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Similarly, the tesa SE Group, another prominent adhesive tape manufacturer, designs, and manufactures PVC masking tapes and aluminum tapes for building & construction industry applications. These tapes come up with features such as weather, water, thermal and UV resistance, hand tearable, and suitable for both, indoor and outdoor applications. The demand for such end-use industry application oriented adhesive tapes is gaining significant traction in the market, owing to its innovative features and wide range of applicability.

Availability of Alternative Solutions Limits Market Growth

Manufacturers across the globe are eager to switch to technological advancements in the packaging market. The building & construction industry is complex industry with equally complicated with its packaging needs. An adequate availability of alternative adhesive solutions such as mastic sealant, masking fluid, spray sealant, and others in the building & construction industry is considerably impacting the sale of construction tapes in prominent regions such as North America, Europe, and Asia Pacific. Development and adoption associated with such alternative adhesive solutions in the building & construction industry restrict the global construction tape market growth to a certain extent.

Adoption of Business Strategies to Retain Competitive Edge in Market

Prominent manufacturers operating in the global construction tape market are constantly putting efforts to fulfill the requirements of the building & construction industry. These manufactures are adopting strategies such as product launch, product maximization, acquisition, and others to expand their business footprints and strengthen market position.

For instance, in May 2017, the tesa SE Group has introduced a new product range of masking tapes made of ultra-thin washi paper for achieving clean and sharp painted edges during painting applications.

Along with this in 2017, Shurtape Technologies, LLC, another leading adhesive tape manufacturer has acquired Syntac Coated Products, LLC. Syntac Coated Products, LLC is a manufacturer of pressure-sensitive, high performance tapes for construction, medical, automotive industries.

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In 2018, Berry Global Group Inc. invested in acquiring leading companies such as Laddawn Inc, Adchem Corp and AEP Industries Inc. to increase its market presence and product line expansion. Adchem Corp. manufactures high performance adhesive tape systems for the automotive, construction, electronics, medical, and general tape markets, was acquired by the group with the investment of US$ 49 Mn.

Construction Tape Market: Competition Landscape

The global construction tape market is projected to witness strong competition among key players. This market includes few well-established market participants. Along with this, several other local and small-scale manufacturers are also entering into construction tape market attributing to significant revenue creation with the raising demand for construction tape. Some of the key players operating in the global construction tape market are 3M Company, tesa SE Group, Berry Global Inc, Nitto Denko Corporation, Saint-Gobain Performance Plastic Corporation, Intertape Polymer Group, Scapa Group plc., Shurtape Technologies, LLC, Pro Tapes & Specialties, Inc, and MBK Tape Solutions, among others.  

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Livestock Monitoring Solutions Market Report: Top Companies, Trends and Future Prospects Details for Business Development

Transparency Market Research delivers key insights on the global livestock monitoring solutions market. In terms of revenue, the global livestock monitoring solutions market is estimated to expand at a CAGR of ~16% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global livestock monitoring solutions market.

The global livestock monitoring solutions market is broadly impacted by several factors, including adoption of IoT and NextGen technologies for monitoring dairy/beef animals across the globe. Thus, expanding applications of livestock monitoring solutions for different end users are propelling the global market for livestock monitoring solutions.

Livestock Monitoring Solutions Market: Dynamics

Livestock monitoring solutions offer the ability of visual surveillance while there is no observer directly on site. Surveillance may be performed directly or can be stored, evaluated, as well as repeated as often as necessary. This includes surveillance from a distance by means of electronic equipment (such as smart CCTV cameras). A livestock monitoring solution typically comprises components such as smart camera, drones, and wearable tracking devices.

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AI-based monitoring on cattle helps end user to obtain maximum yield out of the cattle. The integration of cows with intelligent pattern analysis, which uses sensor technology, machine learning, and cloud computing to translate raw data from the field into meaningful information can be used to support decisions made by farmers every day.

As per a report published by the Food & Agriculture Organization of the United Nations, the global milk output in 2018 was estimated at 843 million tons, an increase of 2.2% from 2017. In the dairy industry, the number of milk producing animals is expected to reach 414 million by the year 2030 from 373 million in year 2018. The increase in milk production with the help of artificial intelligence is also likely to drive the livestock monitoring solutions market.

Livestock Monitoring Solutions Market: Prominent Regions

Presently, North America generates the highest revenue in AI in agriculture due to the early integration of new technologies, such as computer vision and ML, for livestock monitoring. The livestock monitoring solutions market in Europe is projected to witness favorable growth during the forecast period, as rise in technology adoption by dairy farmers in the region is significant.

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In the years to come, the fastest growth in AI in agriculture is likely to be observed in APAC, owing to the rising adoption of agricultural robots and drone analytics and precision farming technologies, primarily in China, India, Thailand, and Indonesia. All these factors are projected to drive the global livestock monitoring solutions market.

Livestock Monitoring Solutions Market: Key Players

Key players operating in the global livestock monitoring solutions market include Cattle Care Inc., Cattle Eye Ltd., Luda.Farm AB, NewVision Security, Onsight247.com, Ranch Eyes, Solutions Technology Group, Wi Vid Wireless Video Cameras.com, LLC, Zoetis Services LLC, and Cainthus.

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Anti-static Films Market Analysis, Sales Revenue, Business Growth and Forecast 2030

Transparency Market Research anticipates that the global anti-static films market will register a CAGR of 5.9% during 2020-2030. The market is expected to rise as the demand for flexible packaging materials continues to soar. The latest research report presents an accurate analysis of the global market as help the readers understand the drivers and restraints that are likely to define its trajectory.

According to the report, the growing demand for flexible packaging across sectors such as food and beverage is anticipated to drive up the demand for anti-static films. Growth will also be complemented by application in alcoholic and non-alcoholic packaging.

According to the analysis, anti-static films are highly preferred in the bags and pouches packaging. Hence, this application segment is expected to account for more than 45% of the market share by the end of forecast period.

Growing demand for these in packaging of food products has been observed by analysts. For the same purpose, PE will emerge as the predominantly used material. Between the forecast period of 2020 and 2030, PE is expected to register a CAGR of 6.4%.

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The growing and ever-expanding pharmaceutical sector is also projected to be a key contributor to the revenue of anti-static films market. Analysts anticipate that the demand for pouches, bags, and other flexible containers in the pharmaceutical industry to store various types of medicines and products is expected to spike demand.

Going further, the demand for anti-static films is expected to rise due to the growing automotive industry as well. Increasing sales of automobiles as economies revive is expected to have a positive influence on the global market during the forecast period.

Global Anti-static Films Market Analysis

The global anti-static films market will be driven by the growing opportunities in allied industries. The flourishing electronics and electrical industry with growing the demand for laptops, smart lighting, smart devices, and better electronics is expected to result in high demand for anti-static films.

With COVID-19, organizations are expected to continue the trend of working from home for a long time. This is projected to spike the demand for electronics, creating a massive uptake of anti-static films. Furthermore, growing expenditure on electronic items for entertainment purposes is also projected to have a positive influence on the demand and use of anti-static films during the forecast period of 2020 to 2030.

Global Anti-static Films Market: Prominent Regions

According to Transparency Market Research, Asia Pacific anti-static films market is expected to witness a steady growth rate in the coming years. This growth will be driven by the growing consumer electronics industry.

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Furthermore, the increasing manufacturing activities in the emerging economies of India and China are projected to bode well for the regional market.

The booming automotive industry in this part of the word is also expected to boost the demand for anti-static films. Additionally, the growing pharmaceutical industry that is in constant need for flexible packaging solutions such as bags and pouches for myriad types of products is expected to drive the market.

Anti-static Films Market: Key Players

Some of the key players operating in the global layer pads market are Toyobo Co., Lt, NAN YA PLASTICS CORPORATION, Mitsubishi Polyester Film, Inc. ACHILLES CORPORATION, Toray Plastics (America), Inc., Klöckner Pentaplast, Wiman Corporation, Kolon Industries, Inc, Sekisui Film Co. Ltd., and Saint-Gobain.

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