Dissolved Gas Analyzer Market Growth Opportunities, Top Key Players, and Forecast to 2027

Transparency Market Research delivers key insights on the global dissolved gas analyzer market. In terms of revenue, the global dissolved gas analyzer 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 dissolved gas analyzer market.

Dissolved gas analyzers monitor and detect developing faults within the main tanks of transformers and associated oil field equipment. Transformers have been employed since the earliest days of electricity generation and transmission. High thermal and electrical stress causes the mineral oil that is used in a power transformer to decompose. Hydrogen (H2), ethylene (C2H4), carbon monoxide (CO), methane (CH4), and acetylene (C2H2), among other gases, are formed as a result of this process. Such gases are formed depending on the faults of the transformer. The introduction of low-cost test methods for dissolved gases and the increasing number of aging power transformers are propelling the growth of the dissolved gas analyzers market.

Global Dissolved Gas Analyzer Market: Market Dynamics

Increased demand for tracking transformer safety in order to improve operational efficiency is expected to fuel the adoption of gas analyzers significantly during the forecast period. The primary use of dissolved gas analyzers is to detect faults in early-stage power transformers. They help energy companies (users) to set up maintenance programs that are designed to fix and prevent faults, and enhance the lifespan of power transformers.

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The dissolved gas analyzer (DGA) market is fueled by numerous technological advancements. Rising demand for safe power transformers prompts manufacturers to innovate and develop better technological solutions in order to fulfill the needs of customers. Increasing installation of power transformers, worldwide, is expected to drive the market in the near future. Rising number of environmental pollution-related programs aim to have a significant impact on the global economy.

Different steps are being taken by various governments around the world to reduce carbon footprint, with the hope that the overall market would expand in the next few years. The demand for dissolved gas analyzers is estimated to increase in the near future, as end-user industries are focused on the enhancement of their equipment performance and reducing the risks involved in their use. Significantly high risk posed by power transformer facilities, due to lack of monetary resources and ageing and weakening labor force, may restrict the global market.

Global Dissolved Gas Analyzer Market: Prominent Regions

Asia Pacific is a dominant market for dissolved gas analyzers, globally. Expansion of the market in the region can be attributed to considerably high investments in research & development activities by manufacturers operating in the region. Moreover, the rising adoption of dissolved gas analyzers in developing economies in Asia Pacific, owing to technological advancements and cost-efficiency, is also attributed to drive the market in the region. Developing economies in the region are witnessing expansion of infrastructure; therefore, the installation of power transformers is increasing along with emerging research on online DGAs.

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This, in turn, is boosting the overall demand for DGAs. The DGA market in North America is estimated to expand significantly during the forecast period, owing to the presence of aging power transformers in the region, which require safe monitoring. Therefore, the need to ensure the accurate detection of fault gases in new transformers is projected to fuel the demand for DGAs in the region. The dissolved gas analyzer markets in the Middle East & Africa and South America are expected to expand at a moderate pace in the near future, due to the considerable expansion of the oil & gas industry in these regions.

Global Dissolved Gas Analyzer Market: Key Players

Key players operating in the global DGA market include LumaSense Technologies Inc., Weidmann, General Electric, Morgan Schaffer Corporation, ABB Ltd., Doble Engineering, Gatron Gmbh, OELCHECK Gmbh, SD Myers, Inc., Qualitrol Company LLC., EMH Energy-Messtechnik GmbH, and Sieyuan Electric Co. 

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Radiofrequency Identification (RFID) Market Revenue To Witness Humongous Elevation By 2021

The global market for radiofrequency identification market in the healthcare sector is currently fragmented in nature with several players operating in it, states a new research report by Transparency Market Research. However, with a significant rise in the number of mergers and collaborations, the market is expected to get consolidated throughout the forecast period. The acquisition of Motorola Solutions by Zebra Technology and the collaboration of Intermec by Honeywell are among the key takeovers, which have significantly changed the competitive scenario of the overall market. The leading players operating in the radiofrequency identification market in the healthcare sector across the globe are Motorola Solutions (now Zebra Technologies), Alien Technology, GAO RFID, Inc., STiD, Sato Holdings, Intermec, Invengo, Applied Wireless Identifications Group, Impinj, and CAEN RFID.

According to the research study by TMR, in 2013, the global market for radiofrequency identification in the healthcare sector was worth US$1.9 bn and is projected to reach a value of US$5.3 bn by the end of 2020. The market is further estimated to register a 13.90% CAGR between 2014 and 2020.

China to Lead Global Radiofrequency Identification Market in Near Future

The global market for radiofrequency identification market for the healthcare sector has been divided on the basis of geography into five segments. At present, North America led the global market and is estimated to witness high growth in the next few years. On the flip side, the emergence of low-cost radiofrequency identification components in China is projected to enhance the growth of the market in the next few years. Thus, North America and Europe are expected to face a stiff competition in the coming few years and Asia Pacific is likely to witness high growth in the coming few years.

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The global market for radiofrequency identification has been classified on the basis of application into equipment tracking, medical report, samples and blood transfer tracking, medicine tracking, supply chain, and people identification and tracking. Among these, the medical report and medicine tracking are projected to witness high growth in the next few years. The rise in the use of radiofrequency identification is projected to rise, thanks to the increasing consumer awareness is estimated to enhance the market growth throughout the forecast period.

Rising Investment in Healthcare Sector to Drive Global Market

In the last few years, the healthcare sector has been making use of radiofrequency identification, thus accelerating the market growth in the next few years. The increasing use of radiofrequency identification for access and security control and the rising government initiatives are anticipated to enhance the market growth in the near future. In addition to this, the emergence of Internet of Things based radiofrequency identification labeling is projected to support the market growth in the near future.

On the flip side, the issues related to the device interoperability and the high cost of radiofrequency identification are expected to act as key challenges, thus restricting the growth of the overall market in the coming few years. Nonetheless, the increasing investments for the enhancement of the healthcare sector and the rising government support are projected to offer opportunities for the market players throughout the forecast period.

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This information is based on the findings of a research report published by Transparency Market Research (TMR), titled “Radiofrequency Identification (RFID) Market in Healthcare (RFID Components – Tags, Readers, Middleware, Printers and Cabinets; Applications – Equipment Tracking, People Identification and Tracking, Medical Report, Samples and Blood Transfer Tracking, Medicine Tracking, and Supply Chain) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”

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Bakery Release Agents Market In Depth Research with Statistics, Facts and Figures 2021-2026

According to a new market report published by Transparency Market Research titled “Bakery Release Agents Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global bakery release agents market is expected to reach a value of US$ 597.3Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 630.4 thousand tons in 2017. The North American bakery release agents market is projected to have the highest growth during the forecast period.The market witnessed considerable growth due to increased demand for bakery products by manufacturers, supported by the population demand.

The bakery release agents market is growing primarily due to the increased consumption of bakery products supported by the ever increasing population in developing countries. Out of the global network of release agents, the U.S. stands at first position in terms of demand for these products. The demand for bakery release agents in the U.S. and other countries are influenced by the rise in consumption of bread. Bread being the highest consumed bakery product, has the largest application of bakery release agents. On the other hand, one of the main challenging factors affecting this industry is the cost of ingredients such as vegetable oils. However, the bakery release agents market is expected to overcome this challenge by the use of cost effective organic ingredients.

In 2017, based on form of these agents, the liquid segment accounted for market value of about US$ 184.9 Mn in the global bakery release agents market. Liquid bakery release agents are widely manufactured and consumed globally due to its properties that result in a smooth texture of the products, and easy application. In terms of product type, globally the pastries segment is expected to expand at the highest CAGR of about 5.4% in terms of value, followed by bread which accounted for the largest market share.

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Bread being the highest consumed bakery product, has the largest application of bakery release agents. The use of a low-viscosity, high-performance release agent is generally recommended for these baked products.These factors are expected to showcase growth potential for bakery release agents in bread. In terms of ingredients, the vegetable oil segment is anticipated to account for the largest market share in terms of value. Vegetable oils affect the polymerization/ resinification and oxidation stability in bakery product processing.

Vegetable oils such as soybean oil, palm oil, and others are widely used by bakery products manufacturers. This factor is primarily responsible for the major share of vegetable oils in the bakery release agents market. Furthermore, in terms of end-use, the industrial and commercial segment is anticipated to account for the largest share and is expanding at a higher CAGR than the residential segment.

The industrial utility of bakery release agents is categorized by various products such as baked goods, biscuits, and breakfast cereals. By geography, North America region is expected to continue its dominance in the bakery release agents market with more than 35% market share in 2017. Across North America, the U.S held 41% market share in the bakery release agents market in the year 2017.

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The top companies considered while studying this report for the global bakery release agents market are Archer Daniels Midland Company, Mallet & Company, Inc., Masterol Foods Pty. Ltd., Cargill, AAK AB, Avatar Corporation, Sonneveld Group B.V., British Bakels Ltd., Lasenor Emul, S.L., and Maverik Oils, L.L.C.

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Yield Monitoring Devices and Services Market Growth Rate, Outlook and Forecast to 2021

Yield monitoring refers to monitoring several factors such as pesticides, effect of weather, soil properties, and fertilizers required for crop (yield) production. Yield monitoring is a part of precise agriculture which is a farming management concept for measuring, observing and responding to variations in the land and subsequently the yield/harvest. In order to implement proper management of crops that are sensitive to the location (climate and soil composition) and require precise farming, the farmers deploy yield monitoring techniques.

Yield monitoring devices and services enable the farmers to procure yield map of the land to accurately assess any variation in the yield from the existing land. The monitoring devices help the farmers to continuously record the flow of grains and harvester, and integrated the same with the harvest position in the land. This process is known as yield mapping. The position data and information of the yield is stored on storage devices and is further used to produce yield map of the land.

The yield monitoring devices and services market is primarily driven by the rising demand for cost saving and optimum energy consumption. The technological enhancement in the food and agriculture industry is further supporting the growth of this market. Additionally, the increasing population resulting in rise in food consumption is encouraging the farmers to adopt yield monitoring devices and services, so as optimize the production.

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Moreover, the government subsidies in the food and agriculture industry boost the growth of yield monitoring devices and services market. Yield monitoring devices and service market is expected to witness potential growth with the implementation of unmanned vehicles in the yield monitoring market. In addition, the deployment of communication network to procure the data over the internet from a remote location is further expected to support the growth in the coming years.

However, the lack of technical expertise and improper utilization of data generated for yield mapping is hindering the market growth. Additionally, the major challenge for the yield monitoring device manufacturing companies is to accurately calibrate the devices to provide precise results. Moreover, in spite of yield monitoring devices and services offering several advantages for precise agriculture, the high cost of implementation is a potential challenge for the farmers in countries such India, Indonesia and Brazil, which restricts large scale adoption across these emerging markets.

The yield monitoring device and services market is segmented on the basis of components used component and services, technology and applications. The applications segment comprise of crop reconnaissance, land mapping, soil monitoring and other variable rate applications such as seeding, weed control, fertilizer and lime. The technologies involved in yield monitoring market include global positioning systems (GPS), geographic information systems (GIS) and remote sensing. Moreover, there are several software solutions available in the market to manage the yield data and retrieve information from the same. In addition, some companies offer consulting service to the farmers for precise farming and implementation of yield monitoring devices.

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On the basis of geography, the major revenue contribution to the yield monitoring devices and services market is from North American countries followed by European countries. However, with technical advancement and government support, the Asia Pacific region is expected to emerge as attractive market for yield monitoring devices and services. The major players in the market are AGCO Corporation, Ag Leader Technology, Case IH, Raven Industries Inc., Precision Planting Inc., Topcon Positioning Systems, Inc., AgJunction Inc., Deere & Company, Trimble Navigation Limited (U.S.) and TeeJet Technologies.

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Electronic Toll Collection Market Future Demand With Profiling Eminent Players

A toll road, also known as a tollway or turnpike, is a private or public roadway for which a fee is accessed for passage. Frequently, these toll booths cause traffic delays during rush hours for the toll collection process. This is mainly due to manual operations, which are not only more prone to errors, they are also considerably slower than automated methods. This factor has given birth to electronic toll collection system, which swiftly eliminates the manual operations by toll payers and receivers. As several developed and developing economies across the world invest and adopt new technology, the reflection is quite apparent on the adoption of these electronic toll collection systems. Consequently, the global market for electronic toll collection is projected for a double digit growth rate during the forecast period of 2016 to 2024.

This report on global electronic toll collection market is a thorough study with in-depth analysis of the factors that are expected to influence the growth rate, positively or negatively, and presents a figurative estimation of the future. One of the key feature of this report is the section on player profiles, wherein it analyses some of the top vendors for their product portfolio and margin, geographical presence, and strategies for future development.

The global electronic toll collection market can be segmented on the basis of products, technology, application, and geography. By product, the market can be divided into cameras, communication systems, transponders, antennae, treadles, scanning devices, inductive loops, weigh-in-motion devices, film storage devices, and other devices. Some of the subsystems of electronic toll collection are automatic vehicle identification (AVI), automatic vehicle classification (AVC), back office and integration, and violation enforcement system (VES).

By technology, the market can be divided into dedicated short-range communications (DSRC), radio-frequency identification (RFID), video analytics, global positioning system (GPS), and global navigation satellite system (GNSS). The report observes that DSRC and RFID are currently the most in-demand technologies while GPS and GNSS are anticipated to experience higher growth rate during the forecast period. By application, the market for electronic toll collection can be segmented into highway and urban bridges. 

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Electronic Toll Collection Market: Trends and Opportunities

Need to save time is the primary driver for this market. However, the push by several governments for cashless travel facilities is further fueling the demand, especially in India which has a second maximum landscape of toll roads in the world and a vast number of commuters. The need to minimize congestion and fast toll transaction is another factor prompting the adoption. Conversely, factors such as high initial installation cost and the dependency on government approvals is expected to hinder the growth rate. However, the overall market for electronic toll collection is expected to continue demand to meet the requirement for an improved, safe, and secure infrastructure.

Electronic Toll Collection Market: Region-wise Outlook

Geographically, the report studies the regional markets for electronic toll collection in North America, Europe, Asia Pacific, and rest of the world. Currently, the country-wide markets of U.S., Canada, and Mexico make North America the most lucrative region, though Asia Pacific is too primed for a strong growth rate, owing to increased demand from countries such as India, Singapore, Philippines, Hong Kong, and Malaysia.

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Companies mentioned in the research report

Key players in the global electronic toll collection market include Honeywell International, Inc., Transtoll Pty Ltd., Transurban, Transcore Holdings, Inc., TRMI Systems Integration, Toll Collect GmbH, Sensor Dynamics, 3M, Xerox Corporation, Connect East, SAIC, EFKON, DENSO, Q-Free, Perceptics, Mitsubishi Heavy Industries, Ltd., Thales Group, and Kapsch TrafficCom AG. These vendors own significant market shares due to their wide range of solutions, such as software services and system integration and toll system operations.

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Microwave Transmission Equipment Market Revenue, Top Companies Analysis and 2025

Microwaves are electromagnetic waves having wavelengths between the range of one millimeter (mm) to 1000 mm and frequency between the ranges of 300 megahertz (MHz) to 300 gigahertz (GHz). The frequencies are generally classified based on the Institute of Electrical and Electronics Engineers (IEEE) radar band designations, namely S band, C band, X band and K band among others. Microwaves have relatively smaller wavelength, when compared to regular radio waves. Microwave communication is similar to radio communication and consists of data transmission wirelessly. Transmissions of microwaves are done with the aid of various types of equipment such as antennas, multiplexers, modulators, transmitters and receivers among others.

Microwave transmissions are mostly done for point-to-point communication links. The higher range of microwaves often gets absorbed by the atmospheric gases and hence leads to relatively low communication distances. Additionally, microwaves don’t diffract around obstructions or reflect from the earth’s atmosphere. Hence these microwave transmission equipment are designed for various different types of communications modes.

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Microwaves are also utilized in the healthcare industry, where the microwave transmission equipment are different in nature. Modern microwave transmission equipment offers several new features such as better channel capacity, owing to higher packet compression, higher number of topology support, and scalable multichannel microwave links among others.

Microwave transmission equipment market is primarily being driven by their growing application for communications, in telecommunications and aerospace sectors. Microwave can be utilized for point-to-point communication links, radar, satellite communication, and remote sensing among others. Such applications have been promoting the growth of the microwave transmission equipment market.

Additionally, the higher penetration of internet and growing demand for high speed internet has also been instrumental in the demand growth for microwave transmission equipment. Currently, the huge growth in demand for 4G internet has been instrumental in the growing demand for these equipment in emerging economies. Furthermore, the growing demand for industrial and home automation has also been strongly supporting the growth of the microwave transmission equipment market.

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However, the huge growth in demand for internet and internet of things (IOT) connected devices is not efficiently supported by the traditional microwave-based networks. While modern microwave transmission equipment can efficiently support such demand, compatibility issues with the legacy systems has been the major restraining factor for higher adoption of these equipment. This in turn has been restraining the growth of the microwave transmission equipment market to some extent. Considering the penetration of advanced microwave transmission equipment, and higher adoption of such equipment, the market can be expected to grow at a very fast pace, during the forecast period, from 2017 – 2025.

On the basis of components, the microwave transmission equipment market has been segmented into antennas, indoor units, outdoor units, aggregation units, cable & accessories and others. By mounting type, the global market for microwave transmission equipment have been segmented into full indoor mounting, full outdoor mounting and split mount. Based on application of microwave transmission equipment, the market has been segmented into cellular communication, satellite communication, radio communication, radar, satellite communication and others.

The global market for microwave transmission equipment, by region, has been segmented into five major regions. They are North America, Europe, Asia Pacific (APAC), South America and Middle-East & Africa (MEA). Asia Pacific had the largest market share in 2016, owing to factors such as high penetration of internet, huge growth of telecommunications industry and strong growth of telecommunication infrastructure among others.

The major companies of the microwave transmission equipment market globally are Nokia Corporation (Finland), Ericsson AB (Sweden), Anritsu Electric Corporation (Japan), Huawei Technologies Co., Ltd. (China), NEC Corporation (Japan), Dragonwave, Inc. (Canada), Giga-tronics Incorporated (The U.S.) and Ogier Electronics (The U.K.) among various other companies.

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Optical Wafer Inspection Systems Market Demand, Revenue and Forecast to 2025

Optical wafer inspection system is a type of equipment which is used for the purpose of inspecting the wafers during the processing of semiconductor like depositioning, removing, patterning, and after that modification to find out the fault in semiconductor. This equipment is also used for the purpose of doing semiconductor wafer related research. Continuously growing demand for different applications of the semiconductor ICs in different end user segments like automobile, consumer electronics and the industrial sector is actually encouraging different manufacturers to increase its production, which will in turn increase the demand for the optical wafer inspection equipment’s.

For the purpose of in detail analysis, the Optical Wafer Inspection Systems market can be categorized on the basis of product type, application and geography. Based on product type, the market can be classified into two types like dark field inspection and bright field inspection. In the optical microscopy, dark-field is used to describe an illumination technology. Bright field inspection helps to provide the highest sensitivity to defect of interest on all types of memory layers. Moreover, the report also provides the cross sectional analysis of all the above mentioned segment across different regions such as North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Increasing demand of the application of the Semiconductor ICs in consumer electronics, automobile and the industrial sector which uses high quality electronic devices across different parts of the globe which triggers the requirement of optical wafer inspection in different semiconductor circuits. Since the semiconductor industry is growing at a rapid pace and it is extending its production volume, there should be a huge need for more optical wafer inspection systems during the forecast period from 2017-2025.

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Asia Pacific being the major consumer of different types of semiconductor devices, the optical wafer industry in this region will see huge growth in the coming few years. In addition, The growth in the adoption of telecommunication devices and the consumer electronic equipment’s like PCs, smartphones, wearable devices, LCDs, LEDs, and the SSDs have led to the high requirements for the superior quality of semiconductors like silicon-based wafer. This in turn is also expected to drive the market of optical wafer inspection systems in a positive manner during the forecast period from 2017-2025.

Factors restraining the factors like high operating cost of optical wafer inspection system and difficulty to find defect on an embedded chips. This in turn is also expected to hinder the demand of optical wafer inspection systems when different semiconductor manufacturers restrain their manufacturing because of the high quantity of left off stock.

By product type, the bright field inspection held the largest market share in 2015 owing to its quality to provide the world’s first laser diode-based, three-dimensional capability in the semiconductor segment. However, the dark-field inspection is expected to experience a decent growing rate during the forecast period of 2017-2025.

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Geographically, the Optical Wafer System Equipment market is being majorly driven by Asia Pacific region. The main purpose behind this region’s supremacy is due to the presence of major semiconductor foundries in this region and the growing demand of consumer electronics industry such as smart phones, tablet and television set among others. Moreover, in terms of volume growth also, this region is also expected to dominate the market during the forecast period owing to the presence of large number of semiconductor manufacturers in countries such as Japan, Taiwan and South Korea among others.

Some of the leading players operating in the Optical Wafer Inspection Systems market includes Applied Materials (The U.S), ASML Holdings (Netherlands), KLA-Tencor (The U.S), Tokyo Seimitsu (Japan) and JEOL, Ltd (Japan) among others.

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