Industrial Robotics Market Opportunities, and Threats 2019 – 2027

Industrial robots have a vital role to play in automation of industries, as several key operations are taken care of by industrial robots in several industries. Economic development in various countries offers promising growth opportunities to the global industrial robotics market. Rapid expansion of e-Commerce activities coupled with phenomenal growth of automotive and electronics industries is an added impetus to the global industrial robotics market.

Some of the renowned market players analyzed in the report on the global industrial robotics market are Yaskawa Motoman Robotics, Kawasaki Heavy Industries, Denso Corporation, Toshiba Machine Co., Ltd., Fanuc Robotics, and KUKA Robotics. The global industrial robotics market is projected to reach US$ 297 Bn by 2027. The market is likely to grow at a CAGR of ~9% from 2019 to 2027.

Growing Demand for Collaborative Robot to Drive Industrial Robotics Market

Collaborative robots are built to work alongside human beings through interaction in a shared workspace. Collaborative robots have the ability to automate the work easily and hence, are used in variety of applications such as packaging, pick and place, screw driving, assembly, lab testing, and quality inspection. Furthermore, collaborative robots help companies to enhance the production output with high levels of work safety, as these robots can perform repetitive work at a faster pace.

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Demand for collaborative robots is continuously on the rise in different industry verticals including retail, healthcare, automotive manufacturing, and several others, owing to their numerous benefits and associated applications. Several manufacturers operate in the industrial robotics domain such as Universal Robots, KUKA AG, and Franka Emika GmbH, who offer a wide variety of collaborative robots for various industries.

Extensive Deployment of Industrial Robots in Manufacturing Units Drives Market in North America

Based on region, the global industrial robotics market has been segmented into Latin America, Middle East & Africa, Asia Pacific, Europe, and North America. Regional segmentations are likely to facilitate better understanding of market dynamics at play in each of the regions during the forecast period.

According to the findings of the Association for Advancing Automation, around 27,294 robots were ordered in the first nine months of 2019. These robots were valued at around US$ 1.473 Bn. North America is likely to lead the global industrial robotics market in the coming years. Substantial reliance of North American manufacturing units on advanced and innovative technological solutions to generate high quality output at reduced cost is fueling the market. Increased implementation of advanced software programs to stay ahead of competition is responsible for growth of the industrial robotics market in North America.

Modern manufacturing facilities in North America substantially depend on new innovative technologies to produce higher quality products at high speed and reduced costs. Manufacturing facilities are implementing more intelligent software and hardware to survive in the current competitive scenario.

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Likewise, Europe is also expected to account for a large share of the market. In 2017, around 170,000 robots participated in the production process of the automotive industry in Europe. Such high levels of robotic participation is a manifestation of the market prominence in the region.

According to TMR analysts, in terms of density of industrial robots, South Korea is estimated to retain its leading position during the assessment period.

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Linear Displacement Sensor Market Report With Leading Competitors Analysis, Strategies & Forecast 2020-2025

Transparency Market Research delivers key insights on the global linear displacement sensor market. In terms of revenue, the global linear displacement sensor 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 linear displacement sensor market.

The global linear displacement sensor market is broadly affected by several factors, including increase in adoption of LVDT sensors in multiple industrial fields and rise in demand for small and light miniature sensors. Thus, expanding application of linear displacement sensors in different sectors is propelling the global linear displacement sensor market.

Linear Displacement Sensor Market: Dynamics

Linear Variable Differential Transformer (LVDT) is an electromechanical device and a type of linear displacement sensor, which is used to convert mechanical motion or vibrations, specifically rectilinear motion into a variable electrical current, voltage or electric signals.

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In LVDT transducers, there is no physical electrical contact across the transducer position sensing element, owing to which it has an infinite resolution and a very long life cycle. Moreover, LVDT sensor devices offer several advantages. They are lightweight and compact in size, consume low power, and have very low output impedance. LVDT’s are engineered and designed to accommodate many industry applications, such as aerospace & defense, power turbines, automation, and hydraulics due to these advantages. Thus, adoption of LVDTs in multiple industrial fields is significantly high, which is expected to drive the growth of the global linear displacement sensor market during the forecast period.

Linear Displacement Sensor Market: Prominent Regions

The linear displacement sensor market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of consumer electronics and industrial automation in the region. The linear displacement sensor market in Europe is projected to witness favorable growth during the forecast period, as rise in industrial activities and expansion of the automotive sector in the region are significant. The Asia Pacific linear displacement sensor market is likely to expand during the forecast period, owing to the presence of a large number of players designing and producing linear displacement sensors.

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Linear Displacement Sensor Market: Key Players

Key players operating in the global linear displacement sensor market are Althen Sensors, Honeywell International Inc., Keyence Corporation, Micro-Epsilon, Omron Corporation, Panasonic Corporation, Positek Limited, TE Connectivity, TRANS-TEK Inc. and Vishay.

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Fiber Optic Connectors Market Report-Worldwide Key Industry Segments & Forecast 2025

Transparency Market Research delivers key insights on the global fiber optic connectors market. In terms of revenue, the global fiber optic connectors market is estimated to expand at a CAGR of 7.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global fiber optic connectors market.

The global fiber optic connectors market is broadly affected by several factors, including usage of fiber optic connectors in the data center sector and increasing applications in the telecommunications sector. Thus, expanding applications of fiber optic connectors in different sectors are propelling the global market for fiber optic connectors.

Fiber Optic Connectors Market: Dynamics

Fiber optic connectors (FOC) are used to mechanically connect two optical fibers, thereby permitting light to transmit from the core of one fiber to the other fiber in order to link the fiber optic connection equipment. Different types of connectors are utilized for multi-mode and single-mode fibers. FOC is a critical technology, which enables the use of optical fibers in outside plant applications, public telecommunication networks, and in wiring installations at customer premises.

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Optical fibers help to transmit all optical signals, and fiber optic connectors enable the low-loss transmittance of these signals between the optical and electro-optical devices. Based on type, fiber optic connectors market can be segmented into lucent connector (LC), standard connector (SC), CS connectors, SN connectors, straight tip (ST), multiple-fiber push-on/pull-off (MPO/MTP), and others. In terms of application, fiber optic connectors market can be divided into telecom industry, data center, dense wavelength division multiplexing (DWDM) systems, lasers, and others.

Fiber optic connectors are extensively used in the telecommunications industry. Fiber optic connectors are used for high data rate and long-distance transmission in the telecommunications network. Fiber optic connectors are also popular in data center applications, since they are mostly used in optical interconnects in data center networks. They are used in DWDM applications that accumulate data from various sources together on a single optical fiber and employs light wavelengths to transmit data. Among applications, the telecom industry is anticipated to reach value of US$ 2,002.58 Mn by 2025 at the highest CAGR of 7.57% during the forecast period.

Fiber Optic Connectors Market: Prominent Regions

The fiber optic connectors market in North America is expected to expand during the forecast period, owing to the presence of key market players, technological advancements, and growth of telecommunication and data center applications in the region. The fiber optic connectors market in North America is projected to witness favorable growth during the forecast period, due to significant rise in telecommunication applications for high data rate and long-distance transmission in telecommunication networks in the region, which is projected to reach US$ 1,987.10 Mn by 2025. The Asia Pacific fiber optic connectors market is likely to expand at the highest CAGR of 7.83% during the forecast period, owing to the presence of a large number of players manufacturing fiber optic connectors.

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Fiber Optic Connectors Market: Key Players

Key players operating in the global fiber optic connectors market are Amphenol Corporation, Broadcom, Corning Cable Systems LLC, Diamond SA, Furukawa Electric Co. Ltd., Hitachi Ltd., Hirose Electric Co., Ltd., Molex LLC, Radiall, Senko Advanced Components, Sumitomo Electric Industries, Ltd., TE Connectivity, and US Conec Ltd.

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IV Bags Market Report- by Manufacturers, Size, Trends, Strategies and Key Competitor Shares to 2032

In its recent study, Transparency Market Research (TMR) offers insights into the global IV bags market. According to the study, the market is forecast to rise at 5.8% between 2020 and 2032. The increasing adoption of injection-based therapies in various treatment modalities has been fuelling the demand for IV bags. According to TMR, among applications, injection-based therapies are likely to create incremental opportunity of more than 1.5 Bn between 2020 and 2032. IV bags sales will surge further, spurred by the demand from parenteral nutrition players and intravenous therapy providers.

Among various types of bags available, single chamber IV bags more preferred. To identify hidden opportunities, TMR segments the market in terms of material type, capacity, chamber type, and application across five key regions. According to the report, polypropylene material for IV bags is expected to hold the dominant share in the market since these bags are available at a low cost and they offer better puncture resistance and durability.

Material Innovations Hold Key to Success

Ardebil’s Arta Serum Company partnered with Barekat Foundation to manufacture a new generation of IV fluid bags, which can better prevent absorption or discharge of serum through the walls of the bags. Traditional bags were known to absorb almost 30% of the medication in the solution. It incurs huge loss in case of cancer medication, which is both costly and rare. Producers claim that the new generation IV bags can overcome all deficiencies of existing plastic packs. Therefore, innovation, in terms of materials used, are expected to offer lucrative opportunities for growth of the market.

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Some of the leading manufacturers across the world are focusing on product innovation, with their key objective being ensuring improved convenience. Fresenius Kabi’s new non-PVC intravenous fluid and drug combination delivery system exemplifies the same. Known as FreeFlex, these delivery systems are designed to improve consumer experience and offer extended pH interval and drug compatibility.

More importantly, these bags are environment-friendly and have easy-to-peel overwrap. They are available in sizes ranging from 50 ml, up to 1000 ml and more importantly they are free from any synthetic additive, glue, and PVC. Along with these attributes, these new generation bags are tamper-proof and offer better protection against airborne contamination.

The market is expected to witness similar innovations especially since several other manufacturers are aiming at improving features of their IV bags to gain competitive advantage in the market.

Incompatibility of IV Bags with Certain Biological Compounds

Risk of potential incompatibility between the solutions with the container poses threat to the market players. Often, solutions contained inside an IV bag can react to materials used for making the bag, causing imbalance or disruption in the pH value of the solution. Such incompatibilities can cause either physical or chemical reaction, with the latter being more harmful, as it increases the chances of producing toxic by-products.

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For instance, as per an independent study, diazepam injection into plastic IV bags resulted in the loss of potency of the solution by more than 24%. Therefore, it was recommended that glass containers should be used to administer diazepam. Once established, such results are anticipated to hamper the growth of the global IV bags market.

IV Bags: Competitive Landscape

The presence of established companies as well as several smaller and local players has rendered the global IV bags market highly fragmented. TMR finds that larger percentage of the overall market share is currently held by local and domestic companies. To study the nature of competition prevailing in the market, TMR has profiled companies such as B. Braun Melsungen AG, Baxter International Inc., Pfizer Inc, Wipak Group, Technoflex S.A, Fresenius SE & Co KGaA, Sippex, Polycine GmbH, Kraton Corporation, The Metrix Company, Medicopack A/S, Macopharma SA, Haemotronic S.p.A., Renolit Solmed, Otsuka Pharmaceutical India Private Limited, Alfa Laboratories, Qosina Corporation, ICU Medical, Inc., JW Life Science and Angiplast Pvt. Ltd.

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Asbestos FIBC Market Report- Size by Trends, Key Players, Driver, Segmentation, Forecast to 2030

A safe removal process for a dangerous hazardous material called asbestos is needed for our safety and a better world ready for the next generation. Asbestos is a carcinogenic material and it needs a very accurate and specific disposal solution so that it does not contaminate and infect surfaces.  Attributing the hazardous nature of carcinogen many regulatory bodies have issued some regulations and this has led to the making of FIBC (Flexible Intermediate Bulk Container) in an accelerated speed.  The asbestos FIBC is mostly used in the cement industry for a safe disposal process as this is made of polypropylene with a liner made of HDPE (High-Density Poly Ethylene) which helps in avoiding the spill of the asbestos.

Asbestos FIBC Market – Dynamics:

With the increasing concern in regards to the chemical hazardous, the demand for a safe disposal process of asbestos is growing at a very positive rate.  To do so asbestos FIBC is playing a major role in the industry.  The asbestos FIBC is a very cost-effective container solution comes in flexible packaging manner which helps to reduce freight cost, warehousing cost. FIBC bulk containers do not need any further packaging, so for that, it is very easy to use. Asbestos FIBC is well known for its strong yet flexible structure and it can carry up to 1000 times its weight.

An interesting property held by the asbestos FIBC is that the woven polypropylene material of FIBC allows for the printing information of the product so that the product can be visible in an easy manner during the transportation. The printed asbestos FIBC bags are expected to gain attraction shortly as they are tagging themselves as the carrier of toxic waste. Moreover, it allows the consumers to get this bag at a very low price at bulk orders. In today’s civilized and urbanized society rising demand for new buildings are driving the asbestos FIBC market.

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But keep in mind that asbestos is chemical hazardous, many rules and regulations have been levied by the Occupational Safety and Health Administration (OSHA). These regulation are predicted to restrict export and import process in the asbestos FIBC market. A block of ecological fibre cement is on the edge to replace the asbestos because it is a resistant material. The material might not be as long-lasting as asbestos but it can go for 10-15 years long without causing any single problem. Although chances implementation of substitute for asbestos FIBC product is at a lower level the regulations and rules issued by different governments are frightening the asbestos FIBC market.

Europe has witnessed decent growth in asbestos FIBC market as asbestos is a large project need in Europe as many people come to Europe in search of a job and other work. So the growth rate is comparatively higher in the particular market. Asia Pacific region is expected to dominate the asbestos FIBC market after Europe as the population in this region is very high this high number of population results into the construction of a higher number of projects. Developing countries are expected to grow at a decent rate soon. Middle East & Africa are likely to show good growth in this asbestos FIBC market because of the number of construction projects are getting accelerated day by day.

Asbestos FIBC Market: Key Players:

• AR-BEE Transparent Products, Inc.
• Aceco Industrial Packaging Co., Div. of Ace Bag & Burlap
• Dana Poly, Inc.
• Pabco Industries
• Kleersight Plastics
• Gulf Coast Bag & Bagging Co., Inc.
• American Plastics Company
• Seton Identification Products

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The report on asbestos FIBC market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Asbestos FIBC market also maps the qualitative impact of various market factors on market segments and geographies.

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Automotive Fan Drives Market Trends, Sales, Supply, Demand, Analysis & Forecast to 2030

The heightening need for efficient cooling mechanisms in all types of automobiles may generate great demand for fan drives and will help in increasing the growth rate of the automotive fan drives market during the forecast period of 2020-2030. Automotive fan drives form an important component of a vehicle cooling system and eliminate the high chances of engine overheating. These components also absorb the additional heat from the engine and assists in efficient temperature reduction in vehicles.

Automotive fan drives are used in various applications across the automotive sector such as seat ventilation, air conditioning, engine cooling, entertainment system, and others. This factor brings good growth opportunities for the automotive fan drives market. Based on vehicle type, the automotive fan drives market can be classified into LCV, HCV, Racing vehicle, Off-Road vehicle, Passenger car, and others.

This report on the automotive fan drives market offers an expansive analysis of the diverse growth aspects such as current trends, competitive scenarios, regional overview, and others. The extensive analysis benefits the stakeholders greatly and provides a helping hand in preparing exceptional strategies for establishing a strong foothold in the automotive fan drives market. The report also includes the COVID-19 impact on the automotive fan drives market.

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Automotive Fan Drives Market: Key Participants and Competitive Trends

The automotive fan drives market has numerous players striving for establishing their influence through activities like mergers, acquisitions, joint ventures, collaborations, and partnerships. These activities eventually emerge as growth multipliers for the automotive fan drives market. Furthermore, the players in the automotive fan drives market invest heftily in research and development activities. This helps the manufacturers in the automotive fan drives market to find new materials and mechanisms that make the product cost-effective and more efficient at the same time.

The manufacturers in the automotive fan drives market try to develop fan drives that are not only cost-efficient but also help in saving fuel and maintenance costs. Some well-entrenched participants in the automotive fan drives market are as follows:

• Dreison International, Inc. (Maradyne)
• Subros Limited
• Shenglong Group Co., Ltd.
• Delta Electronics (Americas) Ltd.
• Eaton Corporation
• Mahle Behr India Private Limited
• NBE Motors Pvt. Ltd.
• Grayson
• Danfoss
• NRF

Automotive Fan Drives Market: COVID-19 Impact

The COVID-19 pandemic has sent rumbles across the globe with high transmission and fatalities. The deadly disease has not only impacted the physical and mental health of the people but also the economical health of the businesses. The shutdowns implemented by numerous countries to contain the virus have led to tremendous loss across various sectors. The automotive fan drives market is no exception.

The closing down of production plants and the sharp decline in sales of automobiles has eventually led to a decline in the growth rate of the automotive fan drives market. However, many countries are trying to bring the deteriorating economy on track by announcing relaxations in the operations of manufacturing plants and production facilities. This aspect can help the automotive fan drives market to gain the lost growth over the lockdown period.

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Automotive Fan Drives Market: Technological Advancements And Innovations

Novel technologies and innovations form the crux of the growth of the automotive fan drives market. For instance, Danfoss engineering offers optimized fan drive solutions with Reverse Displacement Motor (RDM) and the novel Series 45 Fan Drive Control (FDC). These technologies offer an integrated shift valve and lower minimum system pressures. These aspects help in enhancing the efficiency of the fan drive system and helps in fulfilling low cooling requirements smoothly. Such developments bring immense growth opportunities for the automotive fan drives market.

Automotive Fan Drives Market: Regional Dimensions

The automotive fan drives market can be geographically segmented into North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. Asia Pacific may hold a prominent share across the forecast period of 2020-2030 on the back of the booming automotive sector in the region. The preference of private vehicles over local transport due to the fear of virus transmission is gaining traction and can lead to an increase in automotive sales, eventually benefitting the automotive fan drives market.

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Automotive Repair and Maintenance Services Market Development, Importance and Forecast Report 2020

Periodic maintenance plays an important role in maintaining safety of the vehicle. Several parts of the vehicle, such as engines, brakes, batteries, and filters, cannot be visually inspected and hence, specific automotive repair services play an important role. Periodic oil change, brake repair, air conditioning service, and wheel alignment keeps the vehicle in good working condition.

Increase in awareness regarding vehicle maintenance and vehicle safety is projected to drive the demand for automotive repair and maintenance services during the forecast period. Availability of several independent auto service and maintenance providers is likely to boost the automotive repair and maintenance service market during the forecast period. Moreover, availability of service flexibility, cost competitiveness, and reliable maintenance services are key factors that are anticipated to further propel the market in the near future. Furthermore, increase in on-road vehicles across the globe is anticipated to boost the automotive repair and maintenance services market during the forecast period.

The global automotive repair and maintenance services market can be segmented based on services and parts, service providers, vehicle type, and region. Based on services and parts, the automotive repair and maintenance services market can be segregated into engine oil, gear oil, tires, and others. Engine oil performs an important role in the smooth functioning of the transmission system and enhances engine performance, which directly affects the fuel-efficiency of the vehicle. Brake oil is another important sub segment which is anticipated to expand rapidly during the forecast period owing to its importance in the vehicle. For better fuel efficiency different types of filters such as air filter, cabin filter, oil filter and others perform important operation.

In terms of service providers, the automotive repair and maintenance services market can be bifurcated into automotive dealership, franchise general repairs, locally owned repair shops/body shops, and others. The automobile dealership segment is likely to hold a major share of the automotive repair and maintenance services market during the forecast period. Presence of several locally owned repair shops is also rising at a significant pace owing increase in preference of consumers toward locally owned shop.

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Based on vehicle type, the automotive repair and maintenance services market can be segregated into passenger vehicle and commercial vehicle. The passenger vehicle segment holds a major share of the market. This trend is likely to continue during the forecast period.

In terms of region, the automotive repair and maintenance services market can be classified into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to lead the global market, owing to the presence of numerous automotive hubs in the region. Furthermore, large consumption of passenger vehicle across Asia Pacific and rising production of passenger vehicles across the region are anticipated to drive the automotive repair and maintenance service market during the forecast period. Currently, North America also holds a notable share of the automotive repair and maintenance services market. It is likely to maintain its share of the global market during the forecast period.

Key players operating in the automotive repair and maintenance services market include Arnold Clark Automobiles Limited, Asbury Automotive Group, Inc., Driven Brands, Inc., Firestone Complete Auto Care, Goodyear Tire & Rubber Company, and Jiffy Lube International, Inc.

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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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