Resistance Spot Welding Machines Market Trends, Latest Technologies Research And Future Scope 2027

According to a new market report published by Transparency Market Research on the resistance spot welding machines market for the forecast period of 2019–2027, the resistance spot welding machines market is expected to reach a value of US$ 400 Mn by the year 2027.

Global Resistance Spot Welding Machines Market: Overview

• The global resistance spot welding machines market was valued at US$ 250 Mn in 2018, and is expected to expand at a CAGR of 5.5% from 2019 to 2027. The global resistance spot welding machines market is expanding significantly in terms of value.
• Asia Pacific is the largest resistance spot welding machines market, and is expected to maintain its dominance over the forecast period of 2019 to 2027.
• Resistance spot welding machines are used in sheet metal processing, production of nut & bolts, leak proof joints in small tanks & boilers, pipes & tubes, etc.

Resistance Spot Welding Machines Market: Driving Factors

• Growing production of passenger and commercial vehicles across the world is anticipated to fuel the demand for resistance spot welding machines during the forecast period.

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• Additionally, according to data published by the International Organization of Motor Vehicle Manufacturers, 2018, total commercial vehicle production, worldwide, stands at 25136912 units, out of which, the U.S. accounted for the highest share of approximately 33%, followed by China with 17%.
• Global energy infrastructure investments are also expected to drive the growth of the resistance spot welding machines market during the forecast period.

Resistance Spot Welding Machines Market: Key Challenges

• Material, weld force, and energy are important parameters of resistance spot welding machines. Process parameters need to be correctly controlled for good quality welding. The welded joints possess low tensile and fatigue strength. This factor is expected to create significant challenges in the resistance spot welding machines market.
• High electric power is required for the resistance spot welding machine process, and changing welding parameters lead to frequent wear of the electrodes.

Resistance Spot Welding Machines Market: Competitive Landscape

• The resistance spot welding machines market includes several players focused on the development of new products to cater to market demand.

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• The report includes the below-mentioned pointers of major players operating in the resistance spot welding machines market:
  • Company Overview
  • Product Profiling
  • Market Share Analysis (2018)
  • Product Innovation
  • Business Strategies/Recent Developments
    • Technological Advancements
    •  Key Mergers & Acquisitions
    • Expansion Strategies
  • Company Financials

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Specialty Printing Consumable Product Market Outlook – Latest Development & Trends 2026

According to a new market report published by Transparency Market Research titled ‘Specialty Printing Consumable Product Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2016–2026,’ the global specialty printing consumables market is expected to reach a value of US$ 130.17 Bn by 2026. In terms of value, the market is estimated to expand at a CAGR of 4.5% during the forecast period from 2018 to 2026. Rise in the use of printing consumables in offices and institutions and a need for large scale printing are projected to drive the market during the forecast period.

An expansion in the textile printing industry is projected to lead to an increase in the application of digital printing technology in the market in the near future. The construction, development, and expansion of facilities such as colleges, schools, and hospitals is likely to offer considerable growth potential to the specialty printing consumables market in the coming years.

Toner is expected to be a prominent segment of the specialty printing consumable market. Toners are utilized in fax machines, copiers, and laser printers. They are used in printer cartridges, which require dry toners. Liquid toners are required in bulk quantities for industrial printing. In terms of product, the specialty substrate segment is anticipated to expand at a CAGR of around 5.2% during the forecast period. Based on printing process, the digital printing segment is expected to expand at a robust pace in the coming years. Adoption of less time consuming printing technologies and cost-effective techniques is becoming a major trend in the market.

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The flexographic printing process segment of the specialty printing consumables market is expected to expand at a steady pace of around 4.7% over the forecast period. Flexographic printing is widely utilized in the packaging industry due to its flexibility of printing on materials such as brown paper and foil. Furthermore, in terms of application, the office and professional segment is expected to expand at a CAGR of 4.7%. a It is a prominent segment of the specialty printing consumables market in terms of revenue. Increase in the number of printer installations and improvement in digital technology are likely to drive the segment.

The specialty printing consumables market in Asia Pacific and South America is projected to expand at a rapid CAGR during the forecast period. The growth of the market in Asia Pacific is attributed to an expansion in the packaging industry in Japan and China due to a rise in the number of convenience stores and the popularity of ready-made meals in these countries. The market in the region is expected to expand at a CAGR of 4.8% during the forecast period.

The market in North America is expected to expand at a CAGR of 4.5% from 2018 to 2026. The advent of 3D printing and its adoption in the construction industry has revolutionized the U.S. construction industry. An increase in demand for specialty printing consumables from the industrial sector is likely to boost the market in the near future.

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Some of the major players in the global specialty printing consumables market are DIC Corporation, Canon Inc., Xerox Corporation, HP, Eastman Kodak Co., Flint Ink Inc., Nazdar Ink Technologies, L.P., Lexmark International Inc., and Fuji Photo Film Company Limited.

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Swimwear Market Overview by Rising Demands and Scope 2026

According to a new market report published by Transparency Market Research titled “Swimwear Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026” the global swimwear market is expected to reach a value of US$ 33,075.3 Mn by 2026. The market is estimated to expand at a CAGR of 6.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 731.3 Million Units in 2017. Europe dominated the swimwear market in terms of value in 2017, acquiring approximately 31% of market share.

The swimwear market is influenced by market dynamics with the prime driving factor being increasing health awareness. Swimming is considered healthy and a low-impact sports activity, which offers various physical and mental benefits. It provides a full body workout, as it uses all muscles of the body.

Thus, increase in health awareness globally through swimming is boosting the swimwear market. Increasing trend of family vacations besides beaches, resorts, and theme parks etc. is anticipated to drive the swimwear market. Furthermore, penetration of e-commerce sites globally is adding to the growth of the swimwear market. Wide product availability coupled with affordable prices through e-commerce sites compared to the offline mode is also helping to proliferate the swimwear market.

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Based on product type, the non-athletic segment dominated the market in 2017 and was valued at US$ 13,068.4 Mn with a CAGR of 6.3% due to its widespread application across the globe. Based on fabric type, nylon acquired major market share due to its lightweight property and smooth fit.

Nylon fabrics are more comfortable due to their elasticity and are good for regular and day to day use. According to end-user, the women’s segment acquired major market share of approximately 70% in 2017. According to distribution channel, online channel is anticipated to expand at a faster rate of approximately 6.8% due to availability of wide product portfolios at a reasonable rate.

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Some of the key players in the swimwear market include LVMH Moët Hennessy Louis Vuitton SE, Phillips-Van Heusen Corporation, L Brands, Inc., Perry Ellis International. Inc., Pentland Group plc., Arena Italia S.p.A., ASICS America Corporation, Swimwear Anywhere Inc., Wacoal Holdings Corporation, and Hosa International Limited. Key players adopt numerous strategies to sustain in the market. Product development and acquisition and partnership are some of the main strategies adopted by key players to gain a competitive edge.

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Medical Baby Monitoring Devices Market Overview by Rising Demands and Scope 2026

Transparency Market Research has published a new market research report titled ‘Medical Baby Monitoring Devices Market (Product Type: Video Monitor (Breathing Monitor, Movement Monitor), Audio Monitor (Breathing Monitor, Movement Monitor), Others (Sleep Tracker, Wall Mountable Stand); Connectivity: Wireless, Wired; Hardware: Camera (Room Temperature Sensor Camera, Motion & Sound Detection, Temperature & Motion Detection), Sensors (Under the Mattress, Diaper Attachment, Smart Wearable, Others (Camera Sensing, Non-wearable); Application: Hospital Care, Residential, Nursery) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026.’ According to the report, the global medical baby monitoring devices market is anticipated to reach US$ 1,577.2 Mn by 2026. The market is expected to expand at a CAGR of 6.0% from 2018 to 2026.

Based on product type, the medical baby monitoring devices market has been classified into video monitor (breathing monitor, movement monitor), audio monitor (breathing monitor, movement monitor), and others (sleep tracker, wall mountable stand). Demand for video movement monitors are expected to expand at a faster rate in the near future.

Increase in usage of smart baby monitors is projected to boost demand for baby monitors. In addition, rise in number of employed parents and increase in disposable income are key factors projected to fuel the growth of the medical baby monitoring devices market during the forecast period.

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In terms of connectivity, the medical baby monitoring devices market has been divided into wireless and wired. Due to increase in usage of wireless baby monitors, its market is expected to expand at a CAGR of 6.0% (2018-26). Parents are increasingly using video monitors with wireless connectivity network. This segment accounted for about 85% of the total medical baby monitoring devices market.

On the basis of hardware, the baby monitoring devices market has been divided into camera and sensors. Camera is a major hardware used in the global medical baby monitoring devices market. Usage of motion and sound detection cameras will rapidly increase in the near future, because the monitoring can be done even with basic cameras. In terms of application, the market is bifurcated into residential, hospital, and nursery. Residential segment is projected to expand at a CAGR of 6.3% (2018-26) during the forecast period.

Based on geography, the baby monitoring devices market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is a dominant region of the medical baby monitoring devices market. The market in the region is projected to expand at a gradual CAGR of 6.8% (2018-26) in terms of value.

The market in North America is expected to expand at a considerable CAGR of 5.6% (2018-26), because majority of parents prefer video baby monitors in the baby’s room to keep a track of the baby without being physically present, so that they can continue to do other household chores. According to the report, the market in Europe is projected to expand at a CAGR of 5.7% (2018-26) in terms of revenue in the near future. The market in South America is likely to expand at a CAGR of 5.8% (2018-26).The market in Middle East & Africa is anticipated to expand at a CAGR of 5.7% (2018-26) in terms of value.

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Some of the prominent players operating in the global medical baby monitoring devices market  includes Angelcare Monitors Inc., Dorel Industries Inc., Motorola Solutions Inc., Summer Infant Inc., Koninklijke Philips N.V., Snuza, Hisense, Windeln.De, and Sony Corporation.These players are estimated to face healthy competition in the near future due to presence of a large number of local players in the market. Major brands are likely to focus on research & development to strengthen their foothold in the global medical baby monitoring devices market.

Companies are undertaking mergers and acquisitions and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business.

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LPG Cylinder Manufacturing Market Demand Analysis, Forecast 2026

According to a new market report published by Transparency Market Research titled “LPG Cylinder Manufacturing Market, Material – Steel, Aluminum; Size – 4 Kg-15 Kg, 16 Kg-25 Kg, 25 Kg-50 Kg, More than 50 Kg; End-use – Domestic, Commercial, Industrial – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global LPG cylinder manufacturing market is expected to reach US$ 4.7 Bn by 2026, expanding at a CAGR of 3.6% from 2018 to 2026. Asia Pacific held the highest share in the LPG cylinder manufacturing market in 2017.

Demand is expected to accelerate with rising disposable income. Rising awareness about the usage of natural fuel by end-users, and emission of minimal pollution through LPG cylinders has triggered the demand for LPG cylinders across the globe. LPG is a clean-burning fuel that produces lower levels of CO2, NO2, and other pollutants as compared to traditional fuels such as biomass. Furthermore, LPG helps to improve air quality, reduces the emission of greenhouse gases, and protects the environment.

Manufacturers are opting for LPG cylinders to avoid the risk associated with environmental issues, and overcome the toxic pollution caused by the manufacturing sector. Furthermore, progressively changing lifestyle in rural areas together with the rising disposable income of consumers is expected to build a lucrative roadmap for LPG cylinder manufacturing industry trends over the forecast period (2018-2026).

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Asia Pacific held major share in the LPG cylinder manufacturing market in 2017. LPG is the most preferred cooking fuel in kitchens. Rising affordability and usability of LPG by end-users in households across the globe are expected to drive the market in the coming years. Rise in urbanization and government initiatives for usage of LPG cylinders has increased the dependency of LPG in the domestic kitchen due to generation of minimal pollution, which has triggered the demand for LPG from end-users. Furthermore, emerging economies granting subsidy for the usage of LPG cylinders in rural and low income households are expected to drive the market in the future.

Convenience in use and environment friendly, rising disposable income, and urbanization are likely to drive the LPG cylinder manufacturing market at a good pace. Key trends supporting the growth of the market includes usage of LPG in the automotive sector and shifting preference of end-users toward usage of LPG cylinders.

In the global LPG cylinder manufacturing market, steel held the largest share in 2017, in terms of material. Steel is a stronger material and has a modulus of elasticity which is considerably higher than aluminum. Hence, the pressure vessel safety codes allows better design parameters on steel. Moreover, steel is known for being tough and heavy. Strength is the biggest factor fuelling the growth of this segment.

Based on size, the 4 Kg-15 Kg segment is expected to have the highest CAGR of 4.1% from 2018 to 2026. The growth of this segment is attributed to major adoption and increased usage of LPG cylinders for cooking in households in Asia Pacific and Africa. Also, rise in consumer spending power and convenience is driving the growth of the LPG cylinder manufacturing market.

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Asia Pacific accounted for 76.5% of the global LPG cylinder manufacturing market in 2017 and is anticipated to continue its dominance over the forecast timeline due to rapid urbanization and increased usage of LPG gas as the cooking fuel in both rural and urban households in this region. The market in Asia Pacific is expected to expand at a CAGR of 3.8% over the forecast timeline.

The LPG cylinder manufacturing industry is characterized by a number of local and regional players and intense competition among them. Some of the industry participants in the global LPG cylinder manufacturing market are Kishore Kela Group (Satyasai Pressure Vessels Ltd.), Dorian LPG Ltd., Confidence Petroleum India Ltd., Manchester Tank & Equipment Co., Sahamitr Pressure Container PLC., ECP Industries Limited, Mauria Udyog Limited, Shandong Huanri Group Co. Ltd., Hexagon Ragasco, Aygaz A.?., and Worthington Industries, Inc.

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Racing Drones Market Status and Global Business Outlook 2027

Transparency Market Research delivers key insights on the global racing drones market. In terms of revenue, the racing drones market is estimated to expand at a CAGR of ~19% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the racing drones market.

A racing drone is a small quadcopter unmanned aerial vehicle i.e. UAV, which is designed for FPV i.e. (first person view) racing events. Racing drones come in different types, primarily the following: ready-to-fly (RTF), bind-and-fly (BNF), do-it-yourself (DIY), plug-and-play (PNP), and plug–and-fly (PNF) drones.

RTF racing drones are primarily for beginners who want to learn the method to handle racing drones and participate in events. On the other hand, DIY racing drones are designed for experts who want to build their own customized racing drones. A racing drone has multiple components, such as an FPV camera, remote controller, flight controller, video transmitter and receiver, drone frame, battery, propellers, and FPV goggles. A DIY racing drone can be built from these components.

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Racing Drones Market: Dynamics

Popularity of drone racing as a competitive sport is growing all over the world. The sport is being rapidly commercialized by racing organizations, including International Drone Racing Association, Inc. and the U.S. Drone Racing Association.

Ready-to-fly racing drones do not require any additional assembly and they can directly enter any racing event. Multiple types of ready-to-fly racing drones are available in the marketplace, including Walkera Furious 215, ARRIS X-Speed 250B, and Walkera Runner 250 Pro. Use of ready-to-fly racing drones is growing, owing to zero setup cost and no requirement for assembly. Moreover, ready-to-fly racing drones are highly useful for beginners. They can learn to fly racing drones with ease and without any requirement for building their own racing drones. Moreover, ready-to-fly racing drones are inexpensive compared to other types of drones. Increasing use of ready-to-fly racing drones is projected to have a medium impact on the racing drones market from 2019 to 2027, owing to their numerous advantages.

Racing Drones Market: Prominent Regions

Asia Pacific is expected to dominate the racing drones market during the forecast period, owing to early adoption of technologies, presence of a large number of well-established players providing racing drones, and increasing popularity of drone racing across the region, especially in countries such as China, Japan, Australia, India, and South Korea. Furthermore, professional pilots are emerging from Asia Pacific, especially China, which holds a significant share of the market in the region.

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The market in North America is projected to expand at a significant rate during the forecast period, due to growing popularity of FPV drone racing tournaments, such as MultiGP Canada Drone Racing League and the U.S. National Drone Racing Championship, in the region. Popularity of drone racing is high especially among professional racers, as the winning price of these competitions is very high.

Racing Drones Market: Key Players

The global racing drones market witnesses presence of a large number of well-established as well as emerging players. A few of the key players operating in the global racing drones market are YINYAN Model Tech MFT., Tian Yu Hi-tech Co. Ltd, Eachine, and Hubsan. These players strive to gain a competitive edge by developing innovative products that cater to multiple applications. For instance, in 2019, YINYAN Model Tech MFT announced the launch of a new racing drone called ‘Babyhawk R Pro 4’. Size of this drone is small i.e. 4 inches and it can fly at a high speed without creating much noise. The new product would help the company in catering to micro and mini racing drone product segments.

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Strain Gauge Load Cell Market Analysis With Research Report 2020 To 2027

The strain gauge load cell market is likely to witness robust growth as e-commerce and global convergence of commerce leads to considerable growth of shipping and weighing applications. Driven by strong winds in the shipping and transport sector in general, the market is expected to register 4% CAGR growth during 2019-2027. The market will register a total valuation of $1.5 bn in 2027 end.

The strain gauge load cell market is expected to rise considerably amidst growing investments in commerce infrastructure and rising global convergence through e-commerce. The investments in infrastructure are likely to rise up as major economies including the US, China, and India are investing considerable funds to improving infrastructure, both internally and globally. It is estimated that the construction sector will likely double by 2030. Amidst booming infrastructure facilities like ports, railways, airports are expected to receive major funding for boosting global commerce. The rising e-commerce is expected to drive significant growth for the strain gauge load cell market. Ports and docks require heavy use of stain gauge load cells to measure weights and for safety, these sensors are absolutely essential.

Automotive Testing Promises New Avenues for Growth

Strain gauge load cells are capable of noting various types of measurements. These cells convert various forces like torque, compression, tension, and pressure into electrical signals to aid manufacturing. The application is expected to go a step further in the near future in automotive sector. The automotive sector is expected to produce more lightweight vehicles with the use of advanced new materials. The rising concerns about fuel, and emission goals recent passed by the EU are also expected to drive this trend. Moreover, automated driving is expected to fuel considerable demand for next-gen vehicles in the near future. Most major automobile companies have invested heavily in automated driving which in turn rely heavily on a wide range of sensors. The shifting dynamics of weight, growing inclusion of sensors, and rising demand for automobiles will drive major growth for the strain gauge load cell market.

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Rising Innovation in Aerospace to Drive Growth

The Aerospace industry is witnessing an influx of large investments for a wide variety of reasons. These reasons include growing number of defense related innovation, increased investments in space technology, and rising demand for air travel. This is a major opportunity for players in the strain gauge load cell market. The innovation in this market is suited for a wide variety of purposes. These include testing of seat belts, cockpit instruments, and aircraft flaps. Additionally, aircraft operations like flight control systems are also dependent on heavy-use of sensors for a reliable and safe operation.

Analog strain gauge load cells continue to dominate the market, given their cost-effectiveness. Beside the battle of pricing being fought between digital and analog cells, the robust design of analog cells further bolds the line separating them from digital cells. Given the high proclivity of end-use industries for affordability and better designs, analog strain load cells account for a market share of ~ 85 percent. However, accuracy being the key feature of contemporary manufacturing processes, a shift towards digital technology will remain a key highlight of the strain gauge load cell landscape to accentuate automation.

Real-time processing of information is better achieved with digital strain gauge load cells, given their high data sample rates as compared to analog load cells. The use of binary data further ensures the security of digital cells from interference from electromagnetism, radio signals, and temperature. Less susceptibility to signal corruption and faster transmission of data encourages manufacturers to favor the adoption of digital load cells over analog load cells. Currently, digital strain gauge load cells are estimated to record volume sales of ~ 730 thousand units, with a compound annual growth rate of ~ 6 percent during the forecast period.

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The contemporary electronics industry has arrived at a juncture, wherein, grain-sized innovation, in the form of sensors, capacitors, and resistors, adds massive value to conventional devices. Similarly, force-sensing resistor (FRS) technology is the innovation in strain gauge load cells that offers excellent property to alter the resistance based on the force applied to the surface.

Strain gauge load cells developed using FRS technology are gaining traction, as the thin size of electronic components that is less than 0.5 mm remains desirable for the development of testing devices and equipment for the aerospace, defense, and automobile sectors. Besides being compact in nature, these cells come at an affordable price and offer good shock resistance, which have been popularizing the integration of FRS technology for the development of strain gauge load cells.

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