Wire and Cable Market Dynamics, Covid-19 Impact and Forecast till 2026

According to a new market report published by Transparency Market Research, the global wire and cable market is expected to reach US$ 235.9 Bn by 2026, expanding at a CAGR of 4.1% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific is likely to continue to be at the forefront of global demand, with the market in the region expanding at the CAGR of 4.8% through 2026.

Expansion in the Building Sector, Power Generation, and Distribution Networks is driving the Global Wire and Cable Market:

The demand for wire and cables is directly reliant on the expansion of the industrial sector and infrastructure development in the power generation and transmission, telecommunication, and residential and commercial sectors. Rapid urbanization and rising global population have increased the demand in these areas, thereby offering multiple opportunities to the global wire and cable market.

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Wire and Cable Market: Scope of the Report

The global wire and cable market can be broadly segmented bybased on type, material, and application. byIn terms of type, the low voltage wire and cable segment is consistently expected to constitute a dominant market share between 2018 and 2026. Increasing urbanization, which is resulting in the expansion of power transmission & distribution networks and rise in residential & commercial buildings, is a major factor attributed to the segment’s high share. Moreover, rising demand for low-voltage wires in electrical installations of automobiles is another factor accounting for its dominance throughout the forecast period.

However, out of all types, the optical fiber cable segment is expected to expand at a significant CAGR of 6.1% owing to its increasing applications for telecommunication systems, television transmission, and data networks. byBased on material, the copper segment held a prominent share of the market in 2017 and is further expected to lead the wire and cable market during the forecast period. Superior electrical conductivity together with high ductile and tensile strength makes copper a versatile material for wires and cables. Apart from high performance and durability, copper has ability to undergo stress with minimum signs of wear and tear and also requires less maintenance.

Therefore, in spite of the metal’s high cost, the copper segment is expected to constitute 64.3% share of the overall wire and cable market in 2026. byIn terms of application, the residential & commercial buildings and power transmission & distribution segments cumulatively accounted for 64.3% market share in 2017. Rapid urbanization, especially in the developing countries of Asia Pacific and Middle East, is boosting demand for wires and cables in the residential & commercial buildings and power distribution sectors. Furthermore, increasing government initiatives across the world for the renewal of existing transmission and distribution networks is further driving the power transmission & distribution segment.

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Asia Pacific dominated the wire and cable market in 2017, with China constituting a majority share of its revenue. The dominance of the region in the market is attributed to its large population base, increasing industrialization and urbanization, development in transmission and distribution networks, increased renewable energy production, large automobile production, and supportive governmental initiatives for expansion or upgrade of existing infrastructure. In terms of country, China is expected to lead the wire and cable market in the region consistently throughout the forecast period.

The country has a significant number of wire and cable manufacturers, and its production is more than double that of the next largest wire and cable producing country. Apart from China, countries including India, South Korea, and Japan are also expected to contribute significantly to the wire and cable market in Asia Pacific. The market in India is expected to expand at a rapid CAGR of 5.1% during the forecast period. North America and Europe collectively accounted for 34.2% market share in 2017. Their market share is expected to fall slightly in 2026 owing to the mature wire and cable market in the countries.

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Global Wire and Cable Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global wire and cable market. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. Key players in the wire and cable market are Prysmian Group, Hengtong Optic-Electric Co Ltd., Furukawa Electric Co., Ltd., Sumitomo Electric Industries, Ltd., General Cable Corporation, Jiagnan Group, TPC Wire & Cable Corp, LS Cable & System Ltd, Polycab Wires Private Limited, Southwire Company, LLC, Hitachi Metals Ltd, Nexans S.A., Leoni AG, and Far East Cable Co., Ltd among others. Companies are focusing on expanding their business through strategic acquisitions and partnerships with several end-use industries.

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Focused Ion Beam Market Future Demand, Development Trends and Forecast to 2026

The global focused ion beam market was valued at US$ 399.3 Mn in 2017 and is anticipated to register a stable CAGR of 6.9% during the forecast period 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Focused Ion Beam Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” Growing demand for focused ion beam in sample preparation, and rising demand for ion beam lithography and failure analysis equipment has increased the penetration and growth of the focused ion beam market globally. The market in North America is expanding at a significant CAGR of 7.5% on the backdrop of numerous technological innovations in advanced laboratory equipment.

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Increasing Usage of Gallium Expected to Drive Growth of the Focused Ion Beam Market

The global focused ion beam market by ion sources is segmented broadly into four major segments, namely gallium, gold, iridium, and others (including gas field ionization sources and liquid metal alloy ion sources). In terms of revenue, the gallium ion source was the largest contributor to the market, followed by iridium in 2017. Currently, most of the focused ion beam instruments are equipped with liquid metal ion source (LMIS) with gallium ions. Gallium LMIS focused ion beam technology is preferred due to its long source lifetime, stability, high mass ions for fairly rapid machining, and low melting point. Iridium segment is projected to expand at the highest CAGR of 7.2% over the forecast period. Key trends prevalent in the focused ion beam market are acquisition and partnership, and product innovation.

Rise in Sample Preparation Methodsto Drive Market Growth

Focused ion beams are increasingly used in the field of material science, both as a microscope and as a specimen preparation tool, thereby increasing the demand for focused ion beam products globally. The adoption of focused ion beam is increasing in various applications such as for determining high-resolution structure, examining mechanical properties, and determining force interactions, all at the nanometer scale. In 2017, the sample preparation segment accounted for the largest market share.

Nanofabrication segment is also expected to expand at a significant CAGR throughout the forecast period. Focused ion beam technology is becoming popular in the fabrication of nanoscale structures for different applications. Nanofabrication based on FIB technology involves four major approaches, namely milling, ion-induced deposition, implantation, and ion-assisted etching of materials. Focused ion beam technology complements the entire nanofabrication process by providing various masking techniques or direct patterning.

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Growing Adoption of Focused Ion Beam due to Technological Advancements in Laboratory Equipment and Growth in the Biological Industry in China, India, Israel, South Africa, and Taiwan to Create More Market Opportunities

Geographically, the global focused ion beam market is divided into five major geographical regions. These include North America, Europe, Asia Pacific, South America, and Middle East & Africa. In 2017, North America was the topmost revenue generating region followed by Europe.This is mainly attributed to growth in demand for nanofabrication and sample preparation equipment in the U.S. and Canada. The U.S. held highest market share in 2017 in North America and is estimated to expand at a high CAGR during the forecast period.

The market in Europe is anticipated to grow at a significant CAGR during the forecast period owing to high penetration of focused ion beam systems in industrial and non-industrial research sectors.The focused ion beam market in Asia Pacific is expected to expand at the highest CAGR of 7.8% over the forecast period. Factors such as growing technological innovations and popularity of conventional biological laboratories and increasing R&D investment are expected to drive the Asia Pacific focused ion beam market.

Hitachi High-Technologies Corporation, Thermo Fisher Scientific, Carl Zeiss AG, and JEOL Ltd. Likely to Continue to Lead the Global Focused Ion Beam Market

The company profiling of key players in the global focused ion beam market includes company overview, major business strategies adopted, SWOT analysis, and market revenues for years 2015 to 2017. The key players profiled in the global focused ion beam market report includes Hitachi High-Technologies Corporation, Thermo Fisher Scientific, Evans Analytical Group, Carl Zeiss AG, Fibics Incorporated, Tescan Orsay Holding A.S., Raith GmbH, JEOL Ltd., Nanosurf AG, and zeroK NanoTech.Various players are introducing technologically advanced focused ion beams and establishing partnerships with other players to meet the continuously growing demand for accurate nano scale measurements.

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Structured Cabling Market by Share, Growth Rate, Analysis, Product Type and Revenue

The global structured cabling market was valued at US$ 7,172.5 Mn in 2017 and is anticipated to register a stable CAGR of 7.2% during the forecast period, according to a new report published by Transparency Market Research (TMR) titled ‘Structured Cabling Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ Increasing demand for high bandwidth and expansion and modernization of communication infrastructure fueled by economic growth have driven the global structured cabling market. The market in North America is expanding at the maximum CAGR of 7.1%, owing to technological innovations and presence of a large number of players in the region.

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Hardware segment to drive the structured cabling market

Expanding cable network fueled by rise in modernization of infrastructure in developing economies is resulting in high demand for structured cabling worldwide. Copper cable is the most common cable used in structured networking, due to its lower costs compared to optical fiber. Copper cables are employed in power generation, power transmission, power distribution, telecommunications, electronics circuitry, and numerous electric equipment. Copper has the maximum electric conductivity rating among all non-precious metals.

This boosts the demand for copper cables across the globe. The hardware sector has witnessed strong growth, due to continuous installation of a large number of machines and assembly units across the world, followed by extensive channels of wiring systems. This is expected to continue to augment the demand for structured cabling during the forecast period.

Rise in modernizing of communication infrastructure in IT & telecommunication industry to drive the market

Based on end-user, the global structured cabling market has been segmented into commercial & residential, IT & telecommunication, government, industrial, and others (including mining and education). IT & telecommunication is anticipated to be the rapidly expanding end-user segment during the forecast period, followed by the industrial segment. The IT & telecommunication segment is expected to dominate the global market for structured cabling, expanding at the maximum CAGR of 7.3% throughout the forecast period. This is attributable to rising need to facilitate rapid communication and optimized energy consumption.

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Recently, various enterprises have taken initiatives to expand and modernize their communication infrastructure. The industrial end-user segment is anticipated to expand at a significant CAGR during the forecast period, due to increasing penetration of portable computing devices and rising dependency of multiple industrial sectors on cloud applications.

There has been a rapid adoption in the digital services and a surge in the number of internet users, which has led to phenomenal rise in the volume of data, particularly sensitive data, gathered by various organizations.  This type of cabling arrangement helps in the transfer of data at a much faster speed. These factors are likely to work in favor of the global structured cabling market in the near future. Augmented focus on the need for business automation, increasing IoT data, growing competition, and efficient management of time and cost are likely to augur well for the market in the forthcoming years.

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Track Rail Slider Market Development Status, Growth Key Factors and Forecast to 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.

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• 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.
• 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.

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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.

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 – Man

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Snow Melting Systems Market Emerging Growth, Developing Countries and Forecast 2030

 

• Snow melting systems are used to clean snow from surfaces. It is a cost-effective and convenient method of snow cleaning in homes, commercial spaces, and public places. Key elements of a snow melting system includes power source, sensors to detect moisture and temperature, heating element, and a controller to hold the power source, sensors, and heating element together. Two common types of snow melting systems are hydronic system and electric system.

Key Drivers of the Global Snow Melting Systems Market

• Increasing preference for snow melting systems among homeowners and businesses is identified as a key market driver. Key companies are providing customized and affordable installation programs for snow melting systems due to their increasing popularity. End-users are willing to invest in advanced solutions for flexible and efficient snow cleaning. Snow melting mats are increasingly used for commercial and residential buildings.
• Many companies are providing custom packages for system installation and maintenance. Quick installation, reliable sensors, factory-built components, and extended warranties are offered to attract new customers.

Increasing Demand for Electric Snow Melting Systems a Key Market Opportunity

• Efficient performance and technology advancement is anticipated to boost the demand for electric snow melting systems in the near future. The circuit panel of electric snow melting systems can be upgraded according to the dimensions of the area to be heated.

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• Key manufacturers are investing in R&D to develop innovative and a diverse range of electric snow melting systems. Further, commercial plumbing contractors prefer electric systems over hydronic systems to reduce operational and maintenance cost.
• In August 2019, WarmlyYours, a manufacturer of radiant heating systems, launched a new control option for electric snow melting systems that allows remote operation of these systems.

Europe Identified as the Dominant Snow Melting Systems Market

• By geography, the global snow melting systems market is classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC).
• Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. Country-level analysis and forecast of the Europe market includes historical and forecast analysis of the snow melting systems market in the U.K., Germany, France, and Rest of Europe. Country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast of the snow melting systems market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America snow melting systems market is categorized into Brazil, and Rest of South America.
• The Europe region comprises large number of snow falling areas in Switzerland, Austria, France, Italy, Germany, Sweden, Scotland, Spain, and the Czech Republic. Several companies specialize in snow clearance services. These companies are investing in automatic and IoT enabled snow cleaning systems, Further, businesses and the hospitality sector are increasingly adopting European standards for building and infrastructure development to control the load of snowfall.

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Key Players Operating in the Global Market

Key companies operating in the global snow melting systems market are focused on developing durable and high quality products through advanced technology and expanded production capacity. Companies are directing their investment to design highly-specialized solutions as per the needs of end markets. Expansion in untapped markets, strategic partnership and collaborations, and the use of sustainable manufacturing processes are key business strategies of industry participants.

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Soldering Tools and Kits Market Demand, Analysis and Forecast Report till 2030

 

• Soldering is a process to join different types of metals by melting the solder. A hot iron is used to melt the solder. Temperature between 600 degrees to 650 degrees is enough to heat the solder. Various kinds of soldering tools such as soldering iron, wire cutter, tweezers, safety glass, soldering stand, and wet sponge together form a kit. The pandemic situation has led to an increase in the sale of soldering tools and kits through e-commerce portals and company owned websites. The impact of Covid-19 globally has increased online sales in various countries and has also fostered the growth in supply chain demand patterns.

Increasing usage in household work, automotive repair, electronic items, and electrical repairs etc. projected to drive the soldering tools and kits market

• Demand for soldering tools and kits is increasing due to its frequent use in household work including household repair such as fixing small holes in metal items, plumbing maintenance (quick repairs to copper and other metal pipes), and in repair of small engines in an automobile where more traditional welding methods are used. Major factors driving the soldering market are the rising demand for smart electronics and availability of energy-efficient electronics. The electronics refurbishing industry is also driving the growth of soldering kits.

Adoption of more modern ways of soldering techniques and processes in aerospace, automotive, manufacturing, and construction industries

• Big manufacturing players in the soldering business have been focusing on research and development extensively and are producing advanced soldering kits. One such company, Sn-Bi-Ag alloy has worked on reducing thermal excursion which takes temperature outside the prescribed range.

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• Advancements have been made by implementing processes (for instance, wave process), that eliminates the damage caused by overheating. Such technological developments and the launch of innovative products has rapidly increased market sales. Governments have also taken initiatives to improve the manufacturing facilities of companies operating in soldering tools and kits, which has further led to the increase in sales of soldering tools.

Asia Pacific considered the largest market for soldering tools and kits

• Geographically, the global soldering tools and kits market can be divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is the second largest market for soldering tools and kits because of the growth of the electronics refurbishing industry. The industry is further expected to grow during the forecast period due to the rising manufacturing base for the electronics industry in countries such as Mexico. The US dominates the soldering market in North America as the country has developed industries such as consumer electronics, aerospace, and defense.
• Asia Pacific is likely to account for major share of the soldering market during the forecast period due to the dominant presence of the electronics sector in countries of the region. China, Japan, India, Thailand etc. have a higher population base using electric vehicles, leading to an increase in foreign investments in developing the infrastructure for electric vehicles. In Asia Pacific, China is expected to hold the largest share of the market due to its prominent presence in the growing automobile and consumer electronics sector.

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Key Players Operating in the Soldering Tools and Kits Market

Prominent soldering tools and kits companies are estimated to face tough competition during the forecasted timeline. Companies such as TAMURA Corporation, ITW EAE, BTU International, SEHO, Senju Metal Industry, Japan Unix, Dremel, Portasol, Jameco Electronics, and Noel, manufacture soldering tools and kits. Most of the players are focusing on entering into partnerships with local and regional distributors. Companies focus on delivering high-performance solder alloys and raw materials for advanced soldered bonds in lesser time. Some of the key players operating in the global soldering tools and kits market include:

• TAMURA Corporation
• Mayor Alloys Corporation
• Kinequip, Inc.
• ITW EAE
• BTU International
• SEHO

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Interposer and Fan-out WLP Market Analysis, Exhaustive Forecast to 2025

An interposer is basically an electrical interface whose purpose is to reroute a connection to a different connection. Fan-out WLP (FOWLP) refers to a technology which is an advanced version of the standard wafer level packages and is developed to meet the demand for higher level integration and greater number of external contacts by electrical devices. It facilitates increased speed, better electrical and thermal performance, and increased number of interconnections. Additionally, the FOWLP technology also makes way for cost-effective electronics products.

FOWLP provides electrical connections to semiconductor IC chips allowing reliable routing of circuit traces for connection outside the die. The number of connections required exceeds the area on the chip for area array formation and hence, a mold material is used to provide a larger area around the chip for additional redistribution layer routing in FOWLP. FOWLP consists of a single flipped chip encompassed by a mold material to provide a greater area for routing.

Vertical integration of various devices and packages is possible with the help of FOWLP. Consumer electronics, predominantly mobiles, require chips which provide maximum performance and better power efficiency along with smaller physical size. FOWLP makes way for thinner and cost-effective packages, and it allows to vertically stack the dies without the need to redesign the chips.

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The growing trend of miniaturization of electronic devices such as mobile phones, tablets, and gaming devices is said to be a major factor driving the interposer and fan-out WLP market. Furthermore, the usage of advanced wafer level packaging technologies in MEMEs and sensors in witnessing an upward trend. Moreover, the rise in usage of wearable and connected devices, which require compact structure of FOWLP, is anticipated to rise in the near future.

Moreover, innovations in data storage devices such as flash drives and hybrid memory cubes are increasing the appetite for interposer and fan-out WLP to develop high-performing compact memory solutions. All the factors mentioned above are anticipated to fuel the interposer and fan-out WLP market. However, the utilization of FOWLP in electronic products requires redesigning of the electrical chips and also leads to complex testing procedures. This, in turn, is making the use of the technology expensive. This is expected to affect the market negatively. Nevertheless, expansion of the consumer electronics industry and the demand for complex architectures in smartphones for better performance at optimum cost are projected to fuel the interposer and fan-out WLP market.

The Interposer and fan-out WLP market cookware market has been segmented based on packaging technology, application, end-user industry, and geography. Based on packaging technology, the interposer and fan-out WLP market is segregated into through-silicon vias (TSVs), interposers, and fan-out wafer-level packaging (FOWLP). In terms of application, the market is segmented into logic, imaging & optoelectronics, memory, mems/sensors, LED, power, analog & mixed signal, RF, and photonics. Based on end-user industry, the market is segregated into consumer electronics telecommunication, industrial sector, automotive, military and aerospace, smart technologies, and medical devices. In terms of geography, the interposer and fan-out WLP market cookware market has been segmented into North America, Asia Pacific, Europe, Middle East & Africa, and South America.

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Major players operating in the interposer and fan-out WLP market include Intel Corporation., Taiwan Semiconductor Manufacturing Company Limited, Broadcom Ltd., United Microelectronics Corp., Samsung Electronics Co., Ltd., Toshiba Corp., ASE Group, Qualcomm Incorporated, Infineon Technologies AG, and Texas Instruments.

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