Linear Motor Market: Growth Opportunities to Tap into in 2020-2027

Transparency Market Research delivers key insights on the global linear motor market. In terms of revenue, the global linear motor market is estimated to expand at a CAGR of 5.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global linear motor market.

Linear motors are defined as electric motors that generate the motion in a straight line, unlike the rotational motion. In a linear motor, the stator is unrolled and spread out flat, while the rotor moves past it in a straight line. Linear motors are used in all designs of machines that require linear motion, including overhead-travelling cranes and beltless conveyors used for moving sheet metals. Linear motors are employed in a wide range of applications in industries such as manufacturing, semiconductor, food & beverages, textile, healthcare, and printing. Linear motors come in three designs: flat-bed, U-channel, and cylindrical. In line with the growth of the global automation industry, manufacturing and process plant operators are adopting advanced technologies for processes and operations focused on achieving improved product efficiency, reduced labor, and decreased operational costs. Linear motor systems offer a reliable and efficient solution to achieve high efficiency and hence, they are increasingly being adopted in applications ranging from simple point-to-point systems to sophisticated or complex automation systems.

Linear Motor Market: Dynamics

Servo Components and Systems Ltd has designed a new direct drive called Green Drive Actuator (a combination of speed and rugged operations), which can control the ball screw and provide increased reliability to direct drive linear motors. The actuator operates at a speed of up to 5 m/s, with a positional reliability of 50 microns, which makes it suitable for several industrial applications.

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Copley Controls Corp provides a range of AC- and DC-powered digital drives for use in servo and stepper motors called New Plus Servo Drives. Safe torque-off capability of these drives eliminates the complex wiring used in traditional safety applications. New Plus Servo Drives use metal enclosures that ensure the maximum level of noise immunity.

Due to technological innovations in direct drives, the demand for linear motors is increasing in various industrial applications. This, in turn, is boosting the global linear motor market. The impact of this driver is expected to remain high during the forecast period

One of the major issues associated with linear motors is their high cost and the complex design of electromagnets used in them. Generally, more powerful electromagnets are required to lift and move one magnet over another, which consumes a large amount of electric power. Linear motors use superconducting magnets to overcome this issue. As for dynamic applications, linear motors are energy efficient and they can attain high speed.

For this purpose, superconducting magnets are used to attain low temperatures, which reduces the power consumption, thereby preventing thermal wear and tear of motors. Use of electromagnets with such complex designs is restraining the global linear motor market. Thus, high costs and complex designs of electromagnets used in linear motors are major restraining factors for the global linear motor market. The impact of this driver is expected to remain high during the forecast period.

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Linear Motor Market: Prominent Regions

In terms of revenue, Asia Pacific dominates the global linear motor market. The market in the region is estimated to expand at the maximum CAGR of 6.32% during the forecast period and reach more than US$ 1 Bn by 2027. This is attributable to the fact that players operating in end-user industries in the region such as electronics & assembly, semiconductor, and machine tools directly contact OEMs for their specific requirements for linear motors.

Increasing adoption of linear motors in Asia Pacific is expected to offer lucrative opportunities to vendors, especially in the electronics & assembly industry during the forecast period. In terms of revenue, the North America market is expected to expand at a sluggish rate during the forecast period. This is due to the presence of various manufacturing industries in the region, which use robots based on linear motors for product manufacture. Other regions such as Europe witness presence of various industries that require linear motors such as automotive, manufacturing, machine tools (metal forming & metal cutting), and packaging & labeling.

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Industrial Gearbox and Gear Motors Market | Size, Share, COVID – 19 Outbreak and Forecast to 2026

According to a new market report published by Transparency Market Research titled “Industrial Gearbox and Gear Motors Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global Industrial gearbox and gear motors market is expected to reach US$ 36.1 Bn by 2026, expanding at a CAGR of 4.3% from 2018 to 2026. Asia Pacific held the highest share in the industrial gearbox and gear motors market in 2017.

An industrial gearbox is an enclosed system that transmits mechanical energy to an output device. Gearboxes modify torque, speed, and other factors to convert the energy. They are used in a variety of devices and for a broad range of purposes. An industrial gear motor is an element that integrates a gear reducer. Gear motors can deliver high torque at low power and low speed. This is because of the gearhead function, which acts as a torque multiplier and allows small motors to generate higher torque. Most industrial gear motors use AC motors.

Advancements in technology over the past few decades have been driving advances in automation. They are encouraging the adoption of robots and industrial automation. The use of automation across all industrial sectors across the globe is increasing. The rate of adoption of automation is particularly high in the manufacturing sector. This is anticipated to become a driving factor for the industrial gearbox market during the forecast period. Robots and automation equipment are typically used in high-speed, repetitive tasks in manufacturing and other industries.

The world is increasingly becoming aware of artificial intelligence. AI technology is used in products such as driverless cars and mini drones that provide virtual assistance. This is expected to bring forth a large scale industrial revolution. Industries aim for the conversion of their facilities into ‘smart factories,’ where processes will be automated and the system will be in continuous sync with people, sensors, and devices via the Internet of Things.

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Increase in demand for industrial gearbox and gear motors products can be mainly attributed to the rise in standard of living of consumers, especially in the developing countries. A positive shift toward more efficient industrial gearbox and gear motors is expected to have a significant impact on revenue growth of the industrial gearbox and gear motors market. Increase in demand for planetary gears for better torque and precise process is expected to boost the market.

The industrial gearbox and gear motors industry is growing due to the shift toward renewable resources of energy, such as wind and solar, and is also expected to drive demand for industrial gearbox and gear motors, which are used for the construction of these renewable power generation units.

The gearbox and gear motors industry is highly competitive and the mechanical power transmission components market poses a challenging environment for its growth. Despite being traditional solutions, gearboxes and gear motors provide advantages such as familiarity, reasonable life, high reliability, reasonable cost, and universally serve most of the requirements of the industrial automation sector globally.

By product, the gear motors segment is expected to have the highest CAGR of 4.5% from 2018 to 2026. The growing number of mechanical power transmission applications in industries, and the compact nature of the equipment is raising the demand for gear motors in North America. Industrial gearbox and gear motors are perceived to be the most cost-effective technology for industrial mechanical power transmission. The gearbox segment is expected to have a CAGR of 4.1% over the forecast timeframe.

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Asia Pacific accounted for 30.0% share of the global industrial gearbox and gear motors market in 2016 and is anticipated to continue its dominance over the forecast timeline. Asia Pacific region is witnessing significant growth with strong demand from applications in discrete manufacturing such as automotive, packaging, manufacturing, and wind power segments. The Asia Pacific market is the largest regional market for industrial gearbox and gear motors and is expected to lead other regions in terms of growth over the forecast period.

The industrial gearbox and gear motors industry is fragmented across the world. Some of the industry participants of the global industrial gearbox and gear motors market are SEW-Eurodrive GmbH & Co. KG (Germany), Siemens AG, Bonfiglioli Riduttori S.p.A, Winergy, Bauer Gear Motor GmbH, China High Speed Transmission Equipment Group Co. Ltd., Eaton Corporation PLC, and ABB Ltd.

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Profilometer Market Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities

According to a new market report published by Transparency Market Research titled “Profilometer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global profilometer market is expected to reach US$ 528.47 Mn by 2026, expanding at a CAGR of 4.4% from 2018 to 2026. Europe held the highest share in the profilometer market in 2017.

Surface profilometers are devices that help to measure the surface profile in order to quantify the roughness. Factors such as higher usage of 3D non-contact profilometers and demand from electronic, semiconductor, and automotive fields is set to fuel the global profilometer equipment market, consequently resulting in the rising demand for profilometers. Regulations and policies increase the product standard and quality. High investment cost of machinery for setting up production units is expected to hamper the global profilometer market. However, manufacturers of profilometers are more focused on product development and innovating new advance profilometer technology which are expected to create huge opportunity for the profilometer market during the forecast period.

Rapid industrialization and focus on rapid growth has resulted in significant dominance of profilometers in 2017. Contact profilometer is preferred due to the accuracy of the data that is received. However, non-contact profilometer is expected to witness the fastest growth due to the advancement in technology such as adoption of visualization tools in order to receive accurate results of the study.

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Optical methods are expected to witness rapid growth during the forecast period due to the adoption of several advanced techniques which are related to the rising computing capabilities over the years. Optical methods help to derive accurate results even on complex shapes. Additionally, optical methods conducted by the non-contact profilometer are portable and also provides correct measurements without touching the surface. However, contact and pseudo contact profilometers dominated the market in 2017.

Under the dimension segment, 3D optical profilometers are preferred and are used in industries such as semiconductors and electronics due to the fact that they provide accurate results. It can measure any surface with the help of axial chromatist. With non-contact profilometers, there is no need for any sample preparation. Additionally, 3D non-contact profilometers can measure any surface such as opaque, transparent, diffusive, rough, and polished. These features of 3D non-contact profilometers are anticipated to accelerate the growth of the global profilometer market during the forecast period.

Due to the large-scale demand for 3D non-contact profilometers in the semiconductor and electronics industry, demand for profilometers in these sectors is experiencing significance dominance over the years. Additionally, growth in semiconductor and electronic sectors has also resulted in the rise in usage of such instruments in these industries over the years.

The market in Asia Pacific is expected to be dominant during the forecast period. China’s impact on the semiconductor industry increased in 2015. In fact, both China’s semiconductor consumption and production revenues increased at a greater rate than worldwide revenues. As a result, China’s share of the worldwide consumption market increased to 58.5% in 2016, while its share of the worldwide semiconductor industry increased to 16.2%. From 2005 through 2016, China’s semiconductor industry grew at a ten-year compounded annual growth rate (CAGR) of 18.7%.

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Companies are focusing on achieving long-term growth by providing value added services to customers in the profilometer market. The companies profiled in the global profilometer market report include KLA-Tencor Corporation, Mahr Federal Inc., Zygo Corporation, Solarius Development Inc., Mitutoyo America Corporation, Schaefer Technology GmbH, Tokyo Seimitsu Co., Ltd, L. S. Starrett Company, Sensofar Group, Bruker Corporation, Jenoptik AG, Teräspyörä-Steelwheel Oy, Alicona Imaging GmbH, and AMETEK. Inc.

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Non-ionizing Radiation/EMF Detection, Measurement, and Safety Market Opportunities by Types, Demand, Top Manufacturers and Application in Grooming Regions

Solid competition characterizes the global non-ionizing radiation market, which at present is led by Mirion Technologies Inc., Narda Safety Test Solutions, and Spectris plc. The competition among the three is expected to heat up in the near future: these deep-pocketed players are seen pouring large amounts in coming up with more technologically superior and effective products to detect presence radiation.

A report by Transparency Market Research predicts the global market for non-ionizing radiation (NIR) to rise at a steady 4.57% CAGR between 2016 and 2024. At this pace, the market which was worth US$49.4 bn in 2015 would likely reach a value of US$73.8 bn by 2024-end. The volume of shipment is expected to become 547.36 mn in the same period.

Depending upon the type of device, the handheld devices hold a leading share in the global market for non-ionizing radiation (NIR) market. This is mainly because of their hassle-free usage and continued technological progress leading to more evolved versions. Our in-house team of analysts predict this segment to gross US$37.9 bn revenue by 2024-end. Geographically, North America led the market with a significant 44.0% share in revenue in 2015. Presence of numerous non-ionizing radiation/EMF detector manufacturers is mainly responsible for the growth of its market. Going forward too, the region is expected to maintain its lead.

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At the forefront of driving demand in the global market for non-ionizing radiations (NIR) is the growing awareness among people about the harmful effects of radiation. Elaborates the lead analyst of our report, “The ever-surging usage of electrical devices such as IoT-based devices and electronic gadgets such as laptops, mobile phones, and tablets, both at home and in industries and workplaces has caused an alarming rise of electromagnetic pollution resulting from nonionizing radiation. On account of the growing knowledge about the health risks resulting from exposure to such radiation, the uptake of solutions and products that uncover and measure radiation has risen substantially among consumers, thus majorly promoting the market for non-ionizing radiation (NIR).”

Another factor that is likely to catalyze growth in the global market for non-ionizing radiations (NIR) is the swift uptake of electronic support measures (ESMs).

Need for Heavy Investments Hampers Market Growth

One factor posing challenge, thus preventing the market for non-ionizing radiation (NIR) from reaching its full potential, is the need for continued, large investments in cutting-edge research and development of the devices so as to come up with more sophisticated products to meet the varied needs of consumers. This somewhat reduces the profit margins of manufacturers. Apart from that, need to adhere to various strict rules framed by authorities across nations is also dampening growth opportunities of players.

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This review is based on the findings of a TMR report, titled, “Non-ionizing Radiation/EMF Detection, Measurement, and Safety Market (Detector – High-frequency and Low-frequency; Device Type – Personal Monitoring Devices, Handheld Monitoring Devices, and Area Monitoring Devices; End User – Residential, Healthcare, Military and Homeland Security, Manufacturing, Laboratory and Education, and Telecommunication) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016–2024.”

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Sewage Pump Market Report: Top Companies, Trends and Future Prospects Details for Business Development

According to a new market report published by Transparency Market Research on the sewage pump market for the forecast period of 2019–2027, the global sewage pump market is expected to reach ~US$ 16.9 Bn by 2027, expanding at a CAGR of ~7% from 2019 to 2027. In terms of volume, the global sewage pump market is expected to reach ~29 million units by 2027, at a CAGR of ~6% during the forecast period of 2019-2027. Asia Pacific held a prominent share of the sewage pump market in 2018.

Globally, the construction industry is expanding in Asia Pacific, Europe, North America, and GCC. Residential construction is increasing with the rise in population. Rise in residential construction is increasing the number of wastewater treatment plants, which is increasing sewage pump sales. As per the World Bank, global manufacturing value added (MVA) has increased from US$ 12.3 trillion in 2016 to US$ 13.2 trillion in 2017, with a Y-O-Y growth of 7.3%.

The construction industry in North America grew from ~US$ 1.1 Bn in 2016 to ~US$ 1.3 Bn in 2019, at a CAGR of 3.5%. Rise in residential construction is increasing the number of treatment plants that is driving the demand for sewage pumps. In the U.S., although the volume of wastewater has decreased, the nature of wastewater of the 21st century has less liquid, and more solids and disposables. Hence, good quality sewage pumps are required for sewage transportation.

In Europe, the construction industry is in a decline. It was valued at US$ 2.5 Bn in 2016, reached US$ 5 Bn in 2017, and decreased to US$ 3.6 Bn in 2018, at a CAGR (2016-18) of 18.8%. EUROCONSTRUCT forecasts the construction industry to decline in Europe from US$ 2.2 Bn in 2019 to US$ 1.6 Bn in 2021, at a CAGR (2019-21) of –14.2%. However, as per FIEC (European Construction Industry Federation) in the Big Five Countries, the number of building permits in residential construction has increased from 878,562 in 2014 to 1,103,431 in 2018, at a CAGR of 5.9%. This is increasing wastewater treatment plants in Europe and also increasing pump sales.     

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In Germany, the construction market was valued at US$ 368.9 Bn in 2016 and reached US$ 451.0 Bn in 2018, expanding at a CAGR of 10.6%. In 2019, the industry is forecast to reach US$ 476.0 Bn, with a Y-O-Y growth of 5.5%.

China is the dominant sewage pump market in the Asia Pacific region. The government is investing in wastewater technologies to maintain the ecosystem. India is the second-largest sewage pump market, followed by Japan, which is a mature sewage pumps market. The Tokyo Olympics in 2020 is expected to increase the demand for sewage pumps. In China, the construction industry was valued at US$ 816.6 Bn in 2017, rising at a CAGR of 16.6% from 1978, as per the National Bureau of Statistics (NBS).

In MEA, the efficient use of water is crucial due to its scarcity. Wastewater treatment plants help in the reuse of sewage water, which is very important to the region.

A large number of sewage pump manufacturers are investing in South America due to an increase in the number of wastewater treatment plants.

Based on product, the sewage pump market has been categorized into surface sewage pumps and submersible sewage pumps. On the basis of end use, the global sewage pump market is bifurcated into residential, industrial, and commercial.

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In terms of region, the report classifies the market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. The regions have been analyzed in terms of value and volume shipments in the sewage pump market industry. Moreover, region-wise significant countries covered in the report are the U.S, Canada, France, Germany, U.K., China, Japan, India, GCC, South Africa, and Brazil.

Company profiles of the players operating in the sewage pump market include company overview, major business strategies, and key developments. Companies profiled in the global sewage pump market include Xylem Inc., Sulzer Ltd., KSB SE & Co. KGaA, Wilo Group, Armstrong Fluid Technology, Grundfos Holding A/S, Tsurumi Manufacturing Co. Ltd., The Gorman-Rupp Company, C.R.I. Pumps Private Ltd., and Nanjing Lanshen Pump Corp. Ltd.  

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Premium Self-tanning Products Market Enormous Growth with Recent Trends & Demand By Top Vendors

Transparency Market Research delivers key insights on the global premium self-tanning products market. In terms of revenue, the global premium self-tanning products market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global premium self-tanning products market report.

In this market report, TMR predicts that the exponential growth in the spending power of the middle class population across developing countries, popularly trending as Premiumization, is anticipated to have an affirmative impact on the premium self-tanning products market.  Consumers in developing economies such as India, Brazil, and China are becoming more attracted to luxury brands and are willing to pay extra for the superior quality products.

Premiumization of self-tanning products, in term of efficacy and environment friendliness, is anticipated to be a key factor in the upcoming years. Sustainability and awareness regarding the environment is anticipated to have noteworthy influence on the decisions regarding type of materials and active ingredients used to make both the product as well as packaging. The ability of market participants to efficiently meet the expectations of their eco-friendly consumers is likely to drive the premium self-tanning products market in the forthcoming years.

In terms of type, the premium self-tanning products market has been segmented into facial self-tanners and body self-tanners. During the forecast period, the market is anticipated to be dominated by the body self-tanning products segment. In the report, based on form, the premium self-tanning products market has been segmented into gel, lotion, spray, oil, cream, and others.

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Based on ingredient, the premium self-tanning products market has been bifurcated into natural and organic. The organic segment is anticipated to expand at a significant growth rate during the forecast timeline.

In terms of gender, the premium self-tanning products market has been categorized into male, female, and unisex. The male segment is anticipated to expand at a higher pace. In terms of distribution channel, the premium self-tanning products market has been divided into online and offline. During the forecast period, the online distribution channel of the premium self-tanning products market is anticipated to expand quickly. Asia Pacific has seen a surge in the adoption of e-Commerce among consumers, which, in turn, has increased online retail sales of premium self-tanning products.

Premium Self-tanning Products Market: Prominent Regions

Geographically, Europe led the premium self-tanning products market in 2019 and the region is expected to retain its dominance during the forecast period. The U.K. and France are considered the major markets for premium self-tanning products in Europe. In addition, North America and APAC are also projected to offer promising growth opportunity for the premium self-tanning products market. Apart from Asia Pacific, South American provinces also significantly contribute to the overall growth of the global premium self-tanning products market.

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Premium Self-tanning Products Market: Key Players

The premium self-tanning products market is highly fragmented with leading players accounting for nearly 35% of the revenue share. Key players operating in the global premium self-tanning products market include Luna Bronze, REBLX, TAN-LUXE, Josie Maran Cosmetics, PZ Cussons Beauty LLP, Tan Towel International Pty Ltd, James Read, Inc., Islestarr Holdings Limited, Dr. Dennis Gross Skincare LLC, and Lancome.

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Automotive Electronic Stability Control System Market to Reflect Significant Growth During 2020–2027

 

• The automotive electronic stability control system is a new braking system designed to help control and maintain lateral stability of the vehicle. Electronic stability prevents the vehicle from skidding and subsequently, from a crash. According to Bosch GmbH, every year, 32,000 people die in a traffic crash in the U.S., and the electronic stability control system is highly effective to prevent such accidents.
• Electronic stability control system comprises a wheel speed sensor and electronic control unit. The wheel speed sensor senses the speed of the vehicle and detects a slip occurring between the tire and the road. If the slip occurs between the road and the tire, the electronic stability control system reduces the wheel speed. In 1985, Robert Bosch invented the first electronic stability control system and Mercedes Benz were the first car company to use the electronic stability control system.

Key Drivers of global Automotive Electronic Stability Control System Market

• Rise in demand for advance safety features including electronic control system and anti-lock braking system in vehicles is anticipated to boost the electronic stability control system market across the globe. According to National Highway Traffic Safety Administration, one-third of road accidents can be prevented by using the safety features including electronic brake force distribution and traction control system in vehicles. From April 2019, the Ministry of Road Transport and Highway in India made the incorporation of anti-lock braking system mandatory in every new vehicle, which in turn is likely to propel the automotive electronic stability control system market in India.

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• Rising road safety awareness among people combined with substantial increase in adoption of advance drive assist systems in the vehicles are projected to boost the automotive electronic stability control system market. According to Robert Bosch GmbH, upto 80% of all skidding accidents can be prevented by using the electronic stability control system. Canada Transport mandates the electronic stability control system in a vehicle that has been manufactured post 2012. This, in turn, is expected to fuel the automotive electronic stability control system market across the globe.

Europe and Asia Pacific to hold prominent share of global automotive electronic stability control system market

• Europe is projected to account for a notable share of the global automotive electronic stability control system market due to significant presence of automotive industries and enactment of stringent rules regarding the installation of safety features in vehicles in the region. Rise in demand for advance drive assistance systems in vehicles is estimated to boost the automotive electronic stability control system market in Europe. Europe has presence of major original equipment manufacturers as well as Tier-1 suppliers, such as Robert Bosch, Continental AG, and Delphi Technologies, who are leading companies and have major research and development facilities for safety system. This is estimated to propel the automotive electronic stability control system market in Europe.
• Followed by Europe, Asia Pacific is projected to hold a major share of the global automotive electronic stability control system market due to an increase in vehicle production and sale in the region. Furthermore, high rate of adoption of advance drive assistance system in China, South Korea and Japan is estimated to boost the automotive electronic stability control system market in Asia Pacific. 

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Key Players Operating in Automotive Electronic Stability Control System Market

The global automotive electronic stability control system market is highly concentrated owing to the presence of top manufacturers. A few of the key players operating in the global automotive electronic stability control system market are:

• Continental AG
• Robert Bosch GmbH
• ZF Friedrichshafen AG
• Denso Corporation
• Delphi Technologies
• Valeo Inc.
• Mando Corporation
• Johnson Electric Holdings Ltd

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