E-Scrap and Printed Circuit Board (PCB) E-Scrap Market Insights – Growth, Challenges, Covid Impact Analysis and Future Scope to 2026

The global e-scrap and printed circuit board (PCB) e-scrap market features a diversified and highly fragmented vendor landscape, with players focusing on rising growth opportunities across emerging economies, observes Transparency Market Research in a recent report. Rising numbers of stringent regulations pertaining to the proper management and disposal of e-waste in emerging economies are compelling companies to expanding across regions such as Asia Pacific and Latin America through mergers and acquisitions.

Some of the leading companies operating in the global e-scrap and printed circuit board (PCB) e-scrap market are Umicore N.V., LS-Nikko Copper Inc., Boliden Group, Dowa Holdings Co. Ltd., and Ultromext Ltd.

According to the report, the global printed circuit board (PCB) e-scrap market will expand at an impressive 7.3% CAGR from 2017 to 2027. At this pace, the market is expected to rise to a potential of 3.32 mn tons by 2027. Over the same period, the market for e-scrap is expected to clock in a CAGR of 5.6%.

Of the key sources of e-scrap and PCB e-scrap, the segment of household appliances presently accounts for the dominant share of the total volume acquired by the overall market. The segment is also expected to remain the key contributor of e-scrap and PCB e-scrap over the next few years owing to the rising usage of complex electronics devices such as smartphones, laptops, tablets, and a variety of connected devices.

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From a geographical perspective, the market in Asia Pacific is presently the most promising and lucrative regional market for e-scrap and PCB e-scrap. The thriving consumer electronics industry and the rising regulations pertaining to the proper disposal of e-waste and the increased demand for copper and other metals in the fields of telecommunication and construction in the region are the key factors attributed to its dominance. The regional market is expected to rise to a revenue valuation of US$ 35.38 bn by 2027.

Increased Numbers of Regulations Mandating Proper Management of E-waste to Drive Market

Some of the key factors working in favor of the global e-scrap and PCB e-scrap market are the rising volumes of e-waste across the globe and the increased demand for effective technologies and systems for the efficient recycling, management, or disposal of such waste. The massive rise in uptake of consumer electronics across a number of regional market and the consecutive rise in their disposal, as the increasingly affluent middle-class population globally prefers new and advanced variants of these products, is also expected to drive the market.

The increased demand for the recovery of precious metals from disposed electronic devices across a number of economies has also accentuated the need for e-scrap recycling across the globe. Moreover, the focus of economies on the recovery of precious metals as an important part of efficient resource management practices in a number of countries has led to a significant rise in proper e-waste recycling facilities globally, thus driving the market.

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This analysis of the global e-scrap and printed circuit board market is based on a recent market research report by Transparency Market Research, titled “E-Scrap and Printed Circuit Board (PCB) E-Scrap Market (E-Scrap Source Type – Household Appliances, IT and Telecommunication Products, and Entertainment Devices; PCB E-Scrap Type – Telecommunications Circuit Cards, Network Communications Boards, Circuit Packs, PC Motherboards, and Smartphones; Material Recovered (PCB E-Scrap) – Ferrous Components, Metals, and Precious Metals) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2027.”

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Welding Torch and Wear Parts Market Future Scenario 2021

Transparency Market Research delivers key insights on the global welding torch and wear parts market. In terms of revenue, the global welding torch and wear parts market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global welding torch and wear parts market.

In this market report, TMR predicts that the increase in production of passenger and commercial vehicles is anticipated to boost the welding torch and wear parts market during the forecast period. Rising disposable income and increasing road connectivity are some of the prime factors responsible for the growth of the welding torch and wear parts market. As per the statistics of International Automotive Industry, in 2019, passenger car production rate grew by approximately 2.4% compared to the previous year.

Welding Torch and Wear Parts Market: Dynamics

The growth in construction and manufacturing industries worldwide is anticipated to fuel the expansion of the welding torch and wear parts market. Construction and manufacturing industries are anticipated to drive the welding torch and wear parts market, due to extensive application of submerged arc, metal active gas, as well as manual metal.

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However, unskilled labor is a key restraining factor for the growth of the welding torch and wear parts market despite advancements in technologies to enhance efficiencies in welding processes, which have led to the sophistication of welding torches.

Nevertheless, increasing opportunities in untapped markets is anticipated to boost the welding torch and wear parts market. Regions, such as Asia Pacific, Middle East & Africa, and South America are experiencing robust demand for welding torch and wear parts, owing to increasing economic growth.

In terms of process under the welding torch and wear parts market, MIG/MAG process accounted for substantial share compared to TIG and Plasma processes. MIG/MAG processes are the most common and basic welding processes in the welding industry. MIG welding process finds extensive application across aluminum, stainless steel, and steel sectors compared to TIG processes that is ideally used for thinner surface metals.

Welding Torch and Wear Parts Market: Prominent Regions

Asia Pacific dominated the global welding torch and wear parts market, followed by North America. The dominance of Asia Pacific can be attributed to the presence of strong end-use industries. Additionally, the region is one of the manufacturing hubs of the world, which helps in its dominance of the welding torch and wear parts market.

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Welding Torch and Wear Parts Market: Key Players

Key players operating in the global welding torch and wear parts market include Ador Welding Ltd., Colfax Corporation, ABICOR BINZEL, Harris Products Group, American Torch Tip, Panasonic Industry, Bernard, Dinse, EWM AG, Fronius International GmbH, Migatronic A/S, Oximig, Parweld Ltd, Riconlas, SKS Welding Systems, Sumig, TBi Industries GmbH, Welding Engineers, The Lincoln Electric Company, Trafimet Group Spa, Uniarc, and Tokin Corporation.

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Automated Teller Machine Kiosk Market Insights by Key Manufacturers and Industry Demand Analysis to 2030

 

• An automated teller machine (ATM) kiosk is an electronic banking machine that allows users to complete basic transactions without the help of bank representatives. It can be accessed with a credit card or debit card. ATM kiosks are very convenient and allows users to perform quick self-service transactions such as cash withdrawals, deposits, transfer between accounts, and bill payments.

Key Drivers of the Global Automated Teller Machine Kiosk Market

• ATM kiosks have become a highly suitable option, increasing the number of instant services (financial transactions) being offered, related to banks and financial institutions, which can be accessed conveniently by customers. Thus, banks can focus entirely on their core operations, and the basic banking activities can be done by customers without stepping into the bank branch. Rising number of ATM kiosk services in rural and semi-urban areas is helping in the growth of the automated teller machine kiosk market.
• Demand for ATM kiosks across multiple locations is also rising due to its standalone feature which provides 24/7 transactional services. Also, with technological advancements, ATM kiosks are becoming more personalized and an advanced communication channel. These factors are boosting the demand for ATM kiosks. Additionally, easy access to complex banking services such as transfer of money, check clearance, and bill transfer helps banks and financial institutions to increase their revenue that has led to the increasing deployment of automated teller machine (ATM) kiosks globally.

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Factors Restraining the Global Automated Teller Machine Kiosk Market

• Increasing fraud activities such as magnetic strip skimming and pinhole cameras can hamper the growth of the automated teller machine kiosk market.

Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global automated teller machine kiosk market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the automated teller machine kiosk market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the automated teller machine kiosk market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America automated teller machine kiosk market is segmented into Brazil, and Rest of South America.
• North America accounted for dominant share of the global automated teller machine kiosk market due to the presence of major manufacturers in the region. Rapid growth of IT enabled self-services in the region is driving the growth of the automated teller machine kiosk market in North America.
• The automated teller machine kiosk market in Asia Pacific is projected to expand rapidly during the forecast period due to the increasing demand for automated systems with enhanced security standards & wireless communicating devices in countries such as Singapore, India, and Australia. Governments are taking initiatives to enhance the fintech industry and offer improved banking solutions that contribute to the growth of the automated teller machine (ATM) kiosk market in the Asia Pacific region.

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Key Players Operating in the Global Market

Manufacturers of ATM kiosks are focusing on becoming more proficient and developing advanced products with improved technological features which will enhance their competitive advantage and increase their market share globally. Improving economic conditions in developing countries is offering huge scope for ATM kiosk manufacturers. ATM kiosk manufacturers and financial institutions together are adopting biometric devices, anti-skimming, and voice recognition systems, thus steadily expanding the ATM kiosk industry.

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Outstanding Scope of Planting Tools Market to Perceive Substantial Growth During 2021 to 2030

 

• Planting tools refer to those tools which are used for gardening and overlaps with the range of tools used for horticulture & agriculture. Planting tools can be bifurcated into hand tools and power tools.

Key Drivers of the Global Planting Tools Market

• Stringent government regulations regarding maintenance of green spaces and public parks is pushing the demand for planting tools for everyday gardening tasks, which in turn fuels the growth of the planting tools market.
• Rising infrastructure development is propelling the demand for planting tools for cutting, trimming, and maintenance of commercial gardens, lawns, and golf courses & sports fields, which in turn is boosting the planting tools market globally.
• Rising demand for vertical gardening in urban areas, where there is less space for gardening, in turn propels the demand for planting tools. Vertical gardening also helps in enlivening the ambiance, and lowers indoor & outdoor temperature. Vertical gardening is suitable for cities; it improves aesthetics of the area, and is one of the major factors driving the growth of the global planting tools market.

Restraints of the Global Planting Tools Market

• Rising cost of advanced planting tools is one of the factors which may hinder the growth of the planting tools market.

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Market in Asia Pacific to Expand Rapidly

• In terms of geography, the global planting tools market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA)
• North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the planting tools market in Europe includes markets across the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the planting tools market analysis and forecast of GCC countries, South Africa, and Rest of Middle East & Africa. The South America planting tools market is segmented into Brazil, and Rest of South America.
• North America accounted for dominant share of the global planting tools market due to the growing nursery and horticulture industry in the region. Stringent government rules regarding maintenance of landscaping services is boosting the demand for gardening tools, which in turn impacts the growth of the planting tools market in North America.
• The planting tools market in Asia Pacific is projected to expand rapidly during the forecast period due to the rising construction of residential properties. Increasing demand for gardening tools in the quest for aesthetic appeal in commercial spaces, malls, and in residential spaces is contributing to the growth of the planting tools market in the Asia Pacific region.

Key Players Operating in the Global Market

Manufacturers of planting tools are focusing on becoming more proficient and developing advanced products which will enhance their competitive advantage and increase their market share globally. Improving economic conditions in developing countries is propelling the need for visually appealing products which increases the scope for gardening/planting tools manufacturers. Rising demand and cost competition have become major challenges for planting tools manufacturers.

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A few of the key players operating in the global planting tools market are:

• ANDREAS STIHL AG & Co. KG
• Bully Tools, Inc.
• CobraHead
• Fiskars Group
• Husqvarna AB
• Lasher Tools
• SNA Europe
• Stanley Black & Decker, Inc.

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New Era of Track Rail Slider Market Witness an Outstanding Growth during 2021-2030

 

• A track rail slider is used for mounting cameras at a desired position so that the camera does not move during a shot. It is an equipment used for maneuvering the camera, which helps in creating smooth tracking shots, bringing liveliness and impact to the video. Track rail sliders come in different lengths and features to suit the needs of different users.
• The growing entertainment industry coupled with the growing camera market and influence of social media platforms are the key reasons for the growth of the track rail slider market.

Key Drivers and Opportunities of the Global Track Rail Slider Market

• The importance of videography is increasing in today’s world and so is the demand for track rail sliders as it finds application in recording documentaries, short films, live events, weddings, legal depositions, birthday parties, commercials, sports events, and training videos. These events and the trend of making videos is expected to drive the global track rail slider market during the forecast period.
• A few years back, making a video was a big deal, but thanks to technological upgrade of smartphones, shooting a video on a smartphone is just like another task. Another point is the growing influence of social media platforms which have opened doors for many people to pursue their passion and make a living.  Maintaining videography or photography as a hobby is easier today than before. Better visibility on digital platforms demand better quality content or videos, thus fueling the demand for track rail sliders.

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• Many companies around the world have understood the importance of video marketing and are adopting this strategy to expand their business. Companies using video content are experiencing 41% increase in web traffic as compared to other forms of marketing. This opens doors for future opportunity and growth in the track rail slider market.
• The above mentioned points combined with the growing tourism industry, easy availability of products, rise in disposable income, and growing social media influence is anticipated to drive the global track rail slider market exponentially during the forecast period.

Asia Pacific to Hold Major Share of the Global Track Rail Slider Market

• In terms of geography, the global track rail slider market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
• Asia Pacific is home to some of the most populated countries in the world. India, China, and Japan have a thriving movie industry in the region, which creates considerable demand for track rail sliders. The growing entertainment industry in the region is projected to drive the market during the forecast period. North America and Europe follow Asia Pacific in terms of demand for the product.

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Key Players Operating in the Global Market

Major players operating in the global track rail slider market include:

• Gudsen Technology Co., Ltd.
• GVM
• iFootage
• Kamerar
• Konova
• Neewer
• Rat Rig
• Rhino Camera Gear
• Vitec Imaging Solutions Spa – Manfrotto

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Automotive Automated Planting Systems Market Status, Latest Amendments And Outlook 2020 – 2030

 

• The automated planting system offers a completely new approach to research plot planting. All plot preparation is done prior to going to the field and one tractor driver can plant 5,760 plots, while stopping only 2 times to reload the cartridge dispenser.

Key Drivers of Automotive Automated Planting Systems Market

• Replacing human labor with automation is a growing trend across multiple industries, and agriculture is no exception. Most aspects of farming are exceptionally labor-intensive, which is making farming non-profitable because of high labor cost, lack of precision, and it’s time consuming. Farmers are turning toward automation of agriculture processes such as planting, watering, harvesting, and sorting in order to curb the involvement of labor in the field and to obtain precision. Consequently, developed regions such as North America and Europe are extensively deploying automated planting systems in agriculture fields. Developing agriculture-dependent nations such as Brazil and India are gradually adopting automation of agriculture processes and consequently, boosting the automotive automated planting systems market.

Challenges in Automotive Automated Planting Systems Market

• The recent outbreak of COVID-19 pandemic has affected national as well as international automotive supply chains, manufacturing and R&D operations, and consequently, hampered the automotive industry. Post first wave of COVID-19, global economies have started opening automotive manufacturing and supply chain operations. Thus, the COVID-19 impact on the industry seems to have reached a state of normalcy; however, a resurgence in COVID-19 cases in countries across Europe has prompted governments to impose a second round of lockdown restrictions and hence, the uncertainty in the automotive industry continues. A gradual recovery in the demand for automotive and ancillaries is anticipated in the next few months, despite concerns around the risk of a second wave of infection in several countries and other geopolitical risks.

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Opportunities in Automotive Automated Planting Systems Market

• The Government of India is providing assistance in the form of subsidy at the rate of 25 to 50% of the cost of equipment/machine with permissible ceiling limits available to all category of farmers in order to promote the use of agriculture implements and machines. In parts of the U.S., in the name of farmers program, incentives are provided for purchasing agriculture equipment used in easing agricultural operations. Therefore, the subsidy benefits and incentives provided to farmers in the purchase of latest agriculture equipment are projected to provide opportunity for the automotive automated planting systems market.

Europe holds Dominant Share of Automotive Automated Planting Systems Market

• Europe accounted for a significant share of the global market, followed by North America. This is due to better adoption of automated plating systems as compared to that in other regions; however, Asia Pacific is likely to be as a key region of the global automated planting systems market, as countries in the region such as China and India have started adopting agriculture machinery equipment for better productivity through optimized planting, seed control on curved paths, prescription maps for dynamic seed target rates, and overlap control. Asia Pacific is a decisive component of the global food chain, accounting for 19% of the total global food and agriculture exports and 31% of total food and agriculture imports. The large and growing population in Asia, coupled with rising incomes and a burgeoning middle class, are likely to boost the demand for food & agricultural commodities and resources and subsequently, propel the demand for enhanced agriculture equipment technologies such as automotive automated planting systems.

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Key Players Operating in Automotive Automated Planting Systems Market

The global automotive automated planting systems market is moderately consolidated. A few of the key players operating in the global automotive automated planting systems market are:

• Robert Bosch
• Deere & Company
• Kubato
• Topcon Positioning Systems, Inc.
• Sabanto
• Kinze
• Almaco
•  DTN
•  AgroWebLab Co., Ltd

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Automotive Integrated Cluster Market Business Opportunities and Growth Prospect 2020-2030

 

• Instrument cluster is the primary data source for the driver, which delivers information about various operational parameters of the vehicle. Traditional automotive clusters are designed to provide limited vehicle information, such as vehicle speed, RPM, fuel level, and engine temperature to the driver, with minimal interaction. Increasing complexity of vehicles has led to the emergence of integrated clusters.
• Integrated clusters combine different functionalities in a single unit to provide more convenience to the driver. They possess the capabilities of real-time operating system, entertainment, cluster information, and other display elements.

Key Drivers of Automotive Integrated Cluster Market

• Increase in demand for connected, autonomous, and electric vehicles is fueling the demand for smart instrument clusters. These vehicles have a complex network of sensors and processors that generate a considerable amount of data. It is important to provide user-friendly, lucrative, and cost-effective solutions that support a wide range of automotive cluster applications. Integrated cluster is vital in autonomous driving and ADAS. Integrated clusters from Continental AG, Renesas Electronics Corporation, and others integrate ADAS features in instrument clusters of vehicles. The instrument cluster of Kia XCeed has been incorporated with ADAS features. Thus, a rise in the adoption of next-generation vehicles has boosted the automotive integrated cluster market across the globe.
• The number of road traffic accidents has been increasing for the last few years causing huge loss of life and money. Driver distraction is a major factor contributing toward this growing number of accidents. According to the data of U.S. National Highway Traffic Safety Administration, distracted driving took 2,841 lives in 2018 across the country. Sending a text message, talking on a cell phone, using a navigation system, and other such tasks cause distraction to the driver. This has raised awareness about vehicle safety and hence, integrated clusters are being integrated into vehicles. Instrument clusters from Viseton Corporation enables driver to browse a phone book or make a call, or select a destination address for navigation. It also processes data from multiple sensors and displays it to the driver. Smarter computing, more data, and faster data access play a vital role in the safety of drivers and passengers by enabling quick prompting and control action. Thus, a rise in awareness about safety has fueled the global automotive integrated cluster market.

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Restrains in Automotive Integrated Cluster Market

• Integrated clusters are powered by various connectivity technologies that make them highly vulnerable to cyber threats. This risk of cyber-attacks hampers the global automotive integrated cluster market.

Impact of COVID-19 Pandemic on Automotive Integrated Cluster Market

• The recent pandemic of COVID-19 affected supply chains of integrated cluster manufacturers, thus creating a shortage of raw materials and components. However, demand for integrated cluster is expected to increase, as governments are easing restrictions and companies are restarting their operations with precautionary measures.

Opportunities in Automotive Integrated Cluster Market

• On-going developments in semiconductor technologies are boosting advancements in conventional integrated clusters with enhanced human-machine interface and 3D graphics display. For instance, in 2017, Texas Instruments Incorporated launched TMS470 microcontroller units (MCUs) for integrated cluster applications, which can drive displays, stepper motors, and other peripherals, thus improving space and cost-efficiency. These ongoing developments in semiconductor technologies to provide better performance and driver experience are expected to propel the global automotive integrated cluster market in the next few years.

Europe and North America hold Significant Share of Global Automotive Integrated Cluster Market

• High disposable income of populations across countries in Europe and North America has led to an increase in sale of luxury cars. For instance, Daimler AG, a luxury car brand, witnessed 1.3% rise in annual sales of 2019 with a majority of sales in Germany. These luxury cars contain multiple complex systems to enhance driver safety and vehicle performance. Information related to functioning of all these systems needs to be displayed to the driver through instrument clusters for monitoring and control. Mercedes-Benz S class, Lexus NX 300h hybrid, Volvo V40, and several other such vehicles feature an integrated cluster. Moreover, strong presence of OEMs in Europe and North America further drives the automotive integrated cluster market.

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Key Players Operating in Automotive Integrated Cluster Market

The global automotive integrated cluster market is highly concentrated due to the presence of top manufacturers. A few of the key players operating in the global automotive integrated cluster market are:

• Altia Inc.
• BlackBerry Limited
• Continental AG
• Cypress Semiconductor Corporation
• DENSO CORPORATION
• Green Hills Software
• HYUNDAI MOBIS
• PATEO Inc.
• Renesas Electronics Corporation

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