Wednesday, 17 March 2021

E-Scrap and Printed Circuit Board (PCB) E-Scrap Market Major Companies, Strategies and New Trends by 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%.

Household Appliances to Continue to Remain Key Source of e-scrap and PCB e-scrap

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.”

Harmonic Filter Market SWOT Analysis, Key Indicators, Forecast 2027

Transparency Market Research delivers key insights on the global harmonic filter market. In terms of revenue, the global harmonic filter 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 its report on the global harmonic filter market.

Harmonics are generated in an electric power system, due to presence of non-linear loads, such as drives, in the system. The growing need for ensuring quality of power and increasing use of non-linear loads producing harmonics, such as variable-frequency drives, are factors driving the global harmonic filter market. In addition to this, developing countries are focusing on developing their power infrastructure. This is expected to offer ample growth opportunities to the harmonic filter market in these countries during the forecast period.

Harmonic Filter Market: Dynamics

The global power industry is changing significantly, with the increasing demand for reliable and efficient power supply, implementation of sustainability policies, and government regulations and penalties imposed by utilities. Rise in automation across different commercial and industrial applications has raised the demand for variable-frequency drives. Variable-frequency drives are energy efficient, as the motor can be operated at variable speeds throughout their use, unlike other drives. However, fluctuating voltage levels in variable-frequency drives results in the generation of harmonics.

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Thus, the demand for harmonic filters is anticipated to increase in order to suppress the effect of harmonics generated by usage of variable-frequency drives. Moreover, in addition, governments of various countries are taking initiatives on setting a permissible limit on harmonic distortion. This factor along with the increasing demand for zero-tolerance interrupted power supply from industries such as IT, medical, and railways is expected to drive the global harmonic filter market during the forecast period.

Harmonic Filter Market: Prominent Regions

Asia Pacific is the leading region of the global harmonic filter market. Growth of the market in the region can be attributed to high investments in power infrastructure and industrialization in Asia Pacific. Moreover, the market in Middle East & Africa is expected to witness significant growth during the forecast period, due to increasing demand for harmonic filters, growing urbanization, rising generation of renewable power, and investments in mass transportation in the region. In other regions, the demand for harmonic filters is dependent on the growth of sectors such as industrial, IT & telecommunication, power generation & transmission, and residential & commercial.

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Harmonic Filter Market: Key Players

Key players operating in the global harmonic filter market are ABB Ltd., Emerson Electric Co., Schneider Electric SE, Danfoss A/S, Siemens AG, Comsys AB, Schaffner Holding AG, Crompton Greaves Ltd., and Eaton Corp. Plc.

Waterjet Cutting Machinery Market Revenue and Prominent Key Players to 2027

Transparency Market Research (TMR) predicts that the global waterjet cutting machinery market would expand at a CAGR of 7.1% over the period 2019 and 2027. Furthermore, the total value of the market is projected to touch 1,718.5 Mn by the end of 2027. Basic industrial functions have also come under the ambit of the functional waterjet cutting machinery

The key strengths of waterjet cutting technology are versatility and environmental friendliness. Water which is abundantly available is the key raw material of waterjet technology and hence no other raw material cost is involved. In terms of environmental friendliness, the technology is a cold cutting process and environment friendly unlike laser cutting or plasma cutting. The versatility of cutting any soft or hard material is the key strength of waterjet cutting machines. The technology of this machine includes the cold cutting process and environmental friendly unlike laser or plasma cutting.

Soft materials such as wood and rubber can collapse under high-temperature environments. Research scientists suggest the use of high-pressure technologies to break through such brittle materials. Moreover, pressure-based technologies have proved more effective in shaping of objects as against other methods. Therefore, the global waterjet cutting machinery market is set to attract massive revenues in the years to follow.

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Waterjet cutting technique is better than other metal cutting techniques such as laser cutting, plasma cutting among other, as waterjet cutting technique can be used to cut a variety of metals, is environmental friendly, can cut more thicker metals compared to other metal cutting techniques, etc. In waterjet cutting techniques, the cut metal is not thermally deformed as no heat is used in the cutting process

Rising manufacturing activity across the globe

Automation of manufacturing activities has created fourth industrial revolution (4IR) and Industry 4.0 is the new name given to current trend in industrial automation. China which is known as the factory of the world, is increasing using automation technologies to increase its industrial output.

High precision of waterjet cutting machines which very low environmental concerns

Waterjet cutting technology is a cold cutting process and does not create any HAZ so no thermal deformation of materials that are cut and are environmental friendly. These machines can perform minute cutting jobs with a high level of precision and minimum kerf. A kerf is defined as width of a cut made by a waterjet cutting machine. These machines are environmental friendly as they cut materials without producing any heat, dust or smoke like other cutting technologies such as laser cutting or plasma cutting. Water a naturally found material, so no additional cost in sourcing of raw materials. Due to all these factors, globally there is an increasing demand for waterjet cutting machines.

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The review is based on TMR’s report titled, “Waterjet Cutting Machinery Market Size, Share, Trends, Growth, Export Value, Shipment, Volume and Trade, Sales, Pricing Forecast”.

Water Electrolysis Machine Market Key Industry Analysis and Forecasts

Transparency Market Research delivers key insights on the global water electrolysis machine market. In terms of revenue, the global water electrolysis machine market is estimated to expand at a CAGR of ~7% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global water electrolysis machine market report.

In this market report, TMR predicts that the rising demand for water electrolysis machines among end-use industries, including chemicals and petroleum is anticipated drive the water electrolysis machine market. Over the years, fuel cells and hydrogen have gained significant importance across different industries as a key solution to generate power and heat from a variety of primary energy sources.

Hydrogen can be used in fuel cells to generate power using a chemical reaction rather than combustion, producing only water and heat as byproducts. Fuel cells are used in a wide range of products, ranging from very small fuel cells in portable devices such as mobile phones and laptops, through mobile applications such as cars, delivery vehicles, buses, and ships, to heat and power generators in stationary applications in the domestic and industrial sector. Future energy systems are expected to also include improved conventional energy converters running on hydrogen.

Furthermore, the global market for water electrolysis machines comprises some large scale and middle scale manufacturers focusing on product innovation and high-end technology development. Investments in strategic alliances and partnerships from key industry participants are projected to offer competitive advantage in the evolving global water electrolysis machine market. These partnerships have enabled companies to strengthen their technical expertise with improved production capacity. Moreover, the technical collaboration of industry participants is estimated to contribute to the rise in hydrogen generation projects, thus driving the global water electrolysis machine market.

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In terms of type, the water electrolysis machine market has been segmented into Proton Exchange Membrane (PEM), Alkaline Water Electrolysis, and others. During the forecast period, the market is anticipated to be dominated by the Proton Exchange Membrane (PEM) segment. In the report, based on input power, the water electrolysis machine market has been segmented into below 2 kW, 2 kW – 5 kW, and above 5 kW.

Based on hydrogen production, the water electrolysis machine market has been segmented into below 500, 500 – 2000, and above 2000. The below 500 segment is anticipated to expand at a significant growth rate during the forecast period.

In terms of application, the water electrolysis machine market has been categorized into chemical, petroleum, pharmaceuticals, power plants, electronics & semiconductors, steel plants, and others. The chemical segment is anticipated to expand at a higher pace. The growth of the chemical industry can be attributed not only to the large demand from applications such as ammonia and methanol production, but also in a wide variety of other chemical pathways that require hydrogen, including petroleum refining operations, and steel manufacturing.

Water Electrolysis Machine Market: Prominent Regions

The Asia Pacific region led the water electrolysis machine market in 2019, and the region is expected to retain its dominance during the forecast period. The exponential industrial growth in China coupled with the availability of cheaper water electrolysis machines is a key factor driving the overall Asia Pacific water electrolysis machine market. Europe and North America are also projected to offer promising growth opportunity for the water electrolysis machine market. Apart from Asia Pacific, Middle East & Africa also significantly contributes to the overall growth of the global water electrolysis machine market.

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Water Electrolysis Machine Market: Key Players

The competition landscape of the water electrolysis machine market is highly fragmented with leading players accounting for nearly 25% of the revenue share. Key players operating in the global water electrolysis machine market include Air Products and Chemicals, Inc., AREVA H2Gen, Asahi Kasei Corporation, C&E Environmental Technology Co., Ltd., Enagic International, Inc., Eneco Holdings, Inc., ErreDue spa, Hitachi Zosen Corporation, Hydrogenics Corporation, and ITM Power Plc.

Release Liner Market Major Drivers and Trends Up to 2024

Transparency Market Research delivers key insights on the release liners market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020–2024. In terms of revenue, the global release liners market is estimated to expand at a CAGR of 6.5% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.

fa global release liner market

Release liners are an integral part of the manufacturing of tapes, fiber composites and medical film materials, as it prevents the sticky surface from prematurely adhering to the substrate. Use of release liners protects the adhesive applied on a label until the label is ready to use, this makes product handling easier. Release liners are coated on both sides using silicone as base release coating that provides a proper release value against the specific adhesive applied to them. Depending upon the texture and finish of the substrate, release liners are coated with extrusion or clay coatings which determine the smoothness and adhesion properties of the release liner.

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Rising demand for industrial labels is a key driver for the release liner market. Labels account for a substantial share in the overall packaging industry. Release liners constitute a dominating portion of labels, thus the demand for release liners is highly correlated with that of labels and poised to increase during 2020-2024.

Asia Pacific to Remain at Forefront

As per TMR analysis, Asia Pacific accounts for nearly 38% of the global release liner market and is projected to continue its prominence through 2024. China and Japan account for ~40% of the Asian market. However, India is expected to expand at a CAGR of 6.5% during the forecast period. This growth is expected to result from the high demand for labels and tapes in the region thus creating new market opportunities for release liners companies worldwide.

Growth in Film-based Liner Fueled by Increasing Demand for No-Label Look

Increased demand for clear-on-clear labels for no-label look application in the segment such as beer, beverages, health and personal care and food has to lead the manufacturer to develop film-based release liners. Film-based release shows several advantages over paper-based release liners which includes good clarity, durability, and high thickness control. The trend is expected to increase the market share of film-based release liners over the forecast period.

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High Demand from Personal Care & Healthcare Sector to Create Growth Opportunities for Manufacturers of Release Liners

Hygiene is one of the major segments in the total healthcare and medical market, representing about 79% of release liner usage, mostly paper. Healthy growth of this segment is expected to continue, owing to various demographic factors; reflecting potential growth for release liners market over the forecast period. In addition to this, in the medical market, wound care dressings, surgical drapes and medical devices use a self-adhesive laminate featuring a separate silicon-coated release liner. Around 49% of the total release liners market in this segment is being captured by films, representing a strong opportunity for the manufacturers of release liners in future.

Furthermore, the manufacturers of release liners can maximize their profits by targeting personal care products such as cosmetic patches, acne, nose pore strips & anti-wrinkle pads, which are registering high sales globally.

Release Liner Market: Competition Landscape

In the global market report for release liners, the competition landscape is discussed in detail. Key players profiled in the release liners market are Mondi Plc, Avery Denison Corporation, 3M Company, Gascogne Laminates SA, UPM Raflatac, Rayven Inc., and Loparex Holding B.V. These companies account for nearly 15-25% of the global market. However, several players in Asia are emerging as prominent regional players, these regional players are anticipated to shape the regional dynamics of the market by offering release liners at competitive prices.

Advanced Driver Assistance System Market 2021 | New Business Opportunities & Growth Segmented By Prominent Players

Transparency Market Research has published a new report titled, “Global Advanced Driver Assistance System Market (Technology: Adaptive Cruise Control, Lane Keep Assist & Lane Departure Warning, Tire Monitoring System, Blind Spot Detection, Adaptive Front Light System, Night Vision System, Automatic Emergency Braking, Forward Collision System, Pedestrian Detection System, Road Sign Recognition, Traffic Jam Assist, and Driver Monitoring System/ Drowsiness Monitor System; Component: LiDAR, RADAR, Camera, and Ultrasonic Sensor; Vehicle Type: Passenger Vehicle and Commercial Vehicle) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027.” According to the report, the global advanced driver assistance system market is projected to surpass US$ 150 Bn by 2027, expanding at a CAGR of above 12% during the forecast period.

Global Tire Market for Automotive:

  • According to the report, the global advanced driver assistance system market is anticipated to be driven by a surge in the demand for enhanced vehicle safety and comfort while driving
  • Automotive equipped with ADAS, which is considered as a mainstay of autonomous vehicles and driverless cars, offers more safety to the vehicle and aids the driver to tackle hazardous road conditions, especially during long route journeys and traffic congestion
  • Key automakers, such as Audi, BMW, Volvo, Daimler, Toyota, General Motors, Honda, and FCA, are offering vehicles equipped with ADAS. Majority of newly launched vehicles are incorporated with ADAS technologies; if not fully, they include a couple of basic ADAS technologies that prevent vehicle accidents and protect the driver from injury.

Expansion of Global Advanced Driver Assistance System Market

  • The automotive industry is witnessing significant technological advancements in conjunction with rising adoption of sensors to ensure improved vehicle safety and comfort during driving. Furthermore, an increase in the demand for improved vehicle ride in adverse weather conditions is anticipated to augment the advanced driver assistance system market during the forecast period.

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  • Development in the automotive industry is not only limited to engine and design, but also focused on safety of the driver, pedestrian, and vehicle. Driver distraction or error while driving can lead to accidents, which can be avoided through the amalgamation of the advance driving assistance system, which substantially reduces security concerns, enhances safety on road, and reduces vehicle road fatalities. Additionally, the ADAS is designed to counter traffic congestion by maintaining distance between successive vehicles at all times, thereby reducing anxiety and fatigue of the driver.
  • Advanced driver assistance systems in automotive can probably save tens of thousands of lives every year that are lost to road traffic accidents and fatalities due to human errors in judgment while driving, especially in urban areas and on highways. These factors are anticipated to fuel the adoption of advanced driver assistance systems in the near future
  • Based on technology, the global advanced driver assistance system market has been bifurcated into adaptive cruise control, lane keep assist & lane departure warning, tire pressure monitoring system, blind spot detection, adaptive front light system, night vision system, park assist system, automatic emergency braking, forward collision system, pedestrian detection system, road sign recognition, traffic jam assist, and driver monitoring systems/drowsiness monitor system. Adaptive front light is a highly attractive segment of the market. The adaptive front light, which is considered as an innovative automotive solution, aids the driver by operating the headlights automatically according to the surrounding conditions. This is carried out without any driver intervention, which enhances the night driving experience. Additionally, while driving on winding roads, the adaptive front light system changes the lighting pattern to compensate for the curvature of the road and helps enhance visibility, thereby providing improved driving experience. Furthermore, the adaptive front light system prevents the glare of oncoming vehicle headlights from hampering the driver’s visibility. This is another factor boosting the adoption of the adaptive front light system.

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  • Based on vehicle type, the global advanced driver assistance system market has been split into passenger vehicle and commercial vehicle. Passenger vehicle is likely to remain prominent segment of the market in the near future. This is majorly attributed to the higher rate of adoption of advanced driver assistance systems in passenger cars in order to ensure more comfort and safety while driving. Moreover, increasing incorporation of advance safety features in vehicles is boosting the passenger vehicle segment.

Regional Analysis of Global Advanced Driver Assistance System Market

  • In terms of region, the global advanced driver assistance system market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific leads the global advanced driver assistance system market, primarily due to the presence of key auto manufacturers and original equipment manufacturers in the region, who continuously supply the automotive industry in the region with improved and efficient solutions. Furthermore, consistent progress and advancements in technology in conjunction with significantly high production and export of vehicles are boosting the advanced driver assistance system market in the region.

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Prominent players operating in the global advanced driver assistance system market include Continental AG, Magna International Inc., Infineon Technology AG, NXP Semiconductors, Siemens AG, DENSO CORPORATION, Delphi, Autoliv Inc., Robert Bosch GmbH, Qualcomm Technologies, Inc., Ficosa Internacional SA, Gentex Corporation, HARMAN International, AISIN SEIKI Co., Ltd., Valeo, HYUNDAI MOBIS, ZF Friedrichshafen AG, HELLA KGaA Hueck & Co., Texas Instruments Inc., Mobileye, and Visteon Corporation.

Last Mile Delivery Transportation Market Size, Share & Trends Analysis Report 2021-2030

According to the report, the global last mile delivery transportation market is projected to reach ~US$ 400 Bn by 2030, expanding at a CAGR of ~3% during the forecast period. Rise in trade and more distance between manufacturing units and end users is likely to boost the market for transportation during the forecast period. In developing and major emerging economies, transportation of products and goods by means of roadways plays an integral role. Moreover, this mode of transport is cost-effective for door-to-door service, owing to improved road infrastructure. This is anticipated to propel the last mile delivery transportation market during the forecast period.

Increase in industrialization and preference toward e-tailing is estimated to boost the last mile delivery transportation market. Online shopping is witnessing significant expansion, owing to an increase in speedy Internet access, which has led to a rise in preference toward e-tailing among consumers. Furthermore, convenience of shopping from home is projected to boost e-Commerce and consequently, drive the last mile delivery transportation market during the forecast period.

Expansion of Last Mile Delivery Transportation Market

A surge in trade volume, owing to rising bilateral trade among countries is projected to boost the last mile delivery transportation market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 Trn Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year. Based on cargo type, the global last mile delivery transportation market has been segmented into dry goods, liquid goods, and postal goods. Dry goods and liquid goods are likely to be highly lucrative segments during the forecast period. This is primarily due to the rise in trade volume from one region to another. Rise in volume of imports of industry and manufacturing raw materials and export and import of food and pharmaceuticals.

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In terms of end user, the FMCG segment dominated the market, as increase in volume of transport of liquid goods, including oil & gas over the years has been enhancing the demand for freight trucks. Moreover, rise in export of oil and diesel over the years is anticipated to boost the last mile delivery transportation market, as the demand for quality goods and services has been rising in rural areas, owing to improved distribution channels of FMCG companies.

Advancements in technology are likely to drive innovations and the development of new last mile delivery transportation models. The flourishing e-Commerce sector has presented significant opportunities for participants in the last mile delivery transportation market. Currently, pilot testing of new technologies and new transportation models around the world has increased at a rapid pace– a trend that is likely to continue during the assessment period. Some of the factors that are likely to enable the growth of the last mile delivery transportation market include the adoption of diversified last mile services, assessment of incurring costs of sold goods, and expansion of the omnichannel inventory selection.

The COVID-19 pandemic has put forward a spectrum of challenges for stakeholders operating in an array of industrial sectors. As governments across the world continue to curb the novel COVID-19 infection, trade restrictions coupled with stringent lockdowns have led to severe disruptions across the supply chains worldwide due to which, participants in the last mile delivery transportation market processes are likely to face the heat. The last mile delivery transportation across the healthcare sector in these testing times will remain a critical aspect in the fight against novel COVID-19 disease. As government supply chains across the world continue to be burdened with soaring demands for medical supplies and personal protective equipment, companies are expected to formulate an efficient model to address these demands.

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  • The global last mile delivery transportation market is anticipated to expand at a CAGR of ~3% during the forecast period, owing to a rise in the middle class population across the globe that has led to an increase in consumption and hence, is expected to boost the volume of goods transported. Changes in consumer tastes and preferences where people are inclined toward Western lifestyle have fueled the demand for deliveries that take lesser time. This is projected to boost the last mile delivery transportation market during the forecast period.

Collagen Market-By Source (Pig, Poultry, Cow, and Marine), By Product (Natural, Hydrolyzed and Gelatin), By Application (Cosmetics, Healthcare, Food and Beverage), and By Region-Forecast 2022-2031

SDKI Inc. published a new report on the collagen market on January 25, 2022.  This study includes the statistical and analytical approaches ...