Monday 1 March 2021

Die-Attach Materials Market Application, Forecast and Industrial Analysis to 2026

The global die attach materials market is experiencing highly competitive landscape as the leading players in the market are concentrating in using leading-edge techniques for production, as analyzed by Transparency Market Research (TMR). The regular use of these technologies will decrease the overall manufacturing cost incurred. However, they are expected to face certain challenges for raw material procurement mainly because of fluctuating prices of conductive polymers and pure metals.  Some of the main players in the market are Alpha Assembly Solutions, Dow Corning Corporation, Henkel, Master Bond Inc., AI Technology, Creative Materials Inc., and Hybond Inc.

According to the author of the report by TMR, the die-attach materials market is projected to expand at a steady CAGR of 3.1% during the forecast tenure from 2017 to 2026. The market value is estimated to reach US$ 970 mn by the end of the forecast period in 2026. The category based on type of form of die-attach materials in which paste-based segment is expected to see high growth during the forecast period. According to the geographical analysis, Asia Pacific excluding Japan (APEJ) holds the major market share. The major producers of die-attach materials are China and South Korea have contributed significantly and is expected to gain 70% of revenue by the end of 2026.

High Usage of Die-Attach Material in Wide Range of Industries to Boost the Market

The demand for die-attach material is experiencing high demand as there is a high demand for adhesive that are applicable in wide range of industries and commercial use. Moreover, the demand for die-attach material is also increasing due to increasing disposable income, increasing significance in films in packaging, and rising urbanization. The use of die-attach material is also seen in die attach film, die attach paste, and used as adhesive tape for a lead on chip.

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These factors are expected to boost the market for die-attach materials in coming years. Consumer electronics also require high amount of die-attach that is used in integral parts of electrical circuit boards. Semiconductor industry has also generated opportunities for various electronic components where the demand for die-attach materials has significantly grown.

Complications in Expanding Facilities May Restrict the Market from Growing

Apart from various drivers growing the demand for die-attach materials market, there are certain restraints that may hinder the market to attain its full potential. The major restrain is faced in the expansion of production facilities. The reason for this restrain is that the manufactures are facing complications, as the suppliers are unable to obtain raw material at a cost effective price.

Nevertheless, these restrains will eventually be minimized with the growing demand form emerging economies, thus asserting that the die-attach material market will grow during the forecast period. Additionally, the availability of different types of die-attach materials such as solder, films, sintering, and adhesives will help in increasing the demand in the global market.

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The information presented in this review is based on a TMR report, titled “Die-Attach Materials Market – (Product Type – Adhesives, Films, Sintering, Solder, and Other Product Type; Material Type – Polymer Adhesives, Eutectic Die Attach Materials, and Other Material Type; Form Type – Powder, Pastes, and Wires) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026”.

Electric Traction Systems Market Growth Analysis by Manufacturers, Regions, Type and Application

The global electric traction systems market is highly fragmented. The five leading companies held around 9.5% share in the overall market in 2016. The market seems to be highly competitive, owing to which the firms are working to develop distinct offerings keeping mind the pricing of the components and advancement of electric traction systems. Moreover, the key players are also working on launching customized products, along with long term maintenance facilities in order to grow in the market. Several firms are concentrating on mergers and partnerships to gain access to strategic resources and up profit eventually.

In a recent merger between Alstom and ABB Ltd. in November 2016, ABB Ltd. contracted with Alstom for supplying 1600 traction transformers for 800 electric freight locomotives in India. Alstom S.A.,  ABB, Ltd. (Switzerland), The KONAR Group, Delphi Automotive LLP, Siemens AG, Voith GmbH , Schneider Electric SE, Mitsubishi Electric Corporation, The Curtiss-Wright Corporation, Toshiba Corporation, Prodrive Technologies, General Electric, Co., Bombardier Inc., CG Power and Industrial Solutions Ltd., American Traction Systems, Caterpillar Inc., VEM Group, TTM Rail – Transtech Melbourne Pty Ltd., Traktionssysteme Austria GmbH, Kawasaki Heavy Industries Ltd., Hyundai Rotem Company , Ansaldo Signalling, Hitachi, Ltd. are some of the key firms leading the global electric traction systems market.

According to Transparency Market Research, the electric traction systems market is anticipated to witness a tepid growth with 2.5% CAGR within the forecast period from 2017 to 2025. The market was valuated to be worth US$342.94 bn in year 2016 and is likely to reach around US$426.54 bn by the end of 2025.

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Based on type, the electric traction motor segment held 63% of overall shares in 2016 in electric traction systems market, owing to its several applications in electric traction systems. Geographically, Asia Pacific region led the entire market in 2016, with 35% of overall market, where India and China contributed majorly to its growth, trailed by Japan and Australia.

Rise in Use of Electric Locomotives to Propel Demand for Electric Traction Systems Market

Increased rate of urbanization, modernization of passenger railcars, combined with the tremendous rise in the utilization of electric trains, have been the major factors driving the global market for electric traction systems in past few years. The unfaltering ascent in railway traffic in developing and developed economies is encouraging railroad organizations, government experts, and rolling stock producers to concentrate on modernizing passenger railcars. Besides, the rise in popularity of AC coaches have also supported the demand for electric traction systems, as power utilization of vehicles increase to help ACs.

Urgent Need for Quicker Transportation Service to Boost Global Demand

In addition, the demand for rail-based commute is increasing rapidly because of the rapid surge in the global population and the growing demand for quicker transportation services. This is driving huge change in railroad connectivity and other rail-based transportation systems, which is evaluated to grow further. Rural railroads, for example, trams, metros, and intercity high-speed networks are being planned in various big cities in a many developing economies, which is again anticipated to push the market for electric traction systems in the following couple of years. Besides, ceaseless demand in innovative work has affected the market for electric traction systems.

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This review of the global electric traction systems market is based on a recent market research report by “Electric Traction Systems Market (Type – Electric Traction Transformer, Electric Traction Motor, Electric Traction Generator, Electric Traction Inverter, and Electric Traction Converter; End-use Industry – Automotive, Oil & Gas, Power Engineering / Electrical Engineering, Mining, and Transportation) – Global Industry Analysis Size Share Growth Trends and Forecast 2017 – 2025.”

Commercial Refrigerators Market Revenue To Witness Humongous Elevation By 2024

The presence of a large number of domestic and international manufacturers has rendered the landscape in the Asia Pacific commercial refrigerators market highly competitive. As per Transparency Market Research (TMR), Midea Group and Haier Electronics Group Co. Ltd. led the Asia Pacific commercial refrigerators market in 2015. These companies have been increasingly focusing on product innovation and improving customer experience in order to gain a competitive advantage in the market.

For instance, Liebherr entered into a partnership agreement with Redmond based Microsoft Corporation in April 2016 for the development of smart refrigerators based on the premise of the Internet of Things (IoT). More such developments are expected to be reported from the market.

A substantial number of enterprises in the market are looking to expand their product portfolio in order to achieve sustainable growth. Apart from investing in product innovations, the key players are also focusing on competitive pricing to keep pace with the prevailing competition. However, according to TMR, improvements in retail channels hold the key for long-term growth for players operating in the Asia Pacific commercial refrigerators market.

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Booming Food and Retail Industry in Asia Pacific Holds Promise for Commercial Refrigerators Sales

The booming food and retail industry in Asia Pacific is fuelling demand for refrigerators with innovative design. Unlike the refrigerators used in domestic applications, the ones used for commercial purposes have a high storage capacity and an expansive operating temperature suitable for a plethora of product types.

The growth witnessed in the Asia Pacific retail industry is also attributed to the increasing consumption of packaged food and beverages. “Due to the hectic lifestyle of consumers and their increasing willingness to pay for convenience food, the demand for packaged food and beverages is expected to surge exponentially in the near future,” said a TMR analyst. This is a primary factor driving the market for commercial refrigerators in Asia Pacific. “Furthermore, the increasing number of supermarkets, cafes, and restaurants will substantially bolster sales of commercial refrigerators in Asia Pacific,” he added.

Besides this, the importance of energy efficiency in commercial and consumer appliances has considerably increased in the last few years. The rising awareness about green appliances has paved the way for the advent of eco-friendly commercial refrigerators.

High Prices Discourage Deployment of Commercial Refrigerators across Small Retail Outlets

Contrary to this, the high cost procurement and maintenance costs of commercial refrigerators are hindering the growth of the market to an extent. Due to their high price, small retailers tend to look for more affordable alternatives. This limits the sales of commercial refrigerators to smaller establishments such as cafes and local retailers. In addition, the availability of alternate packaging solutions such as temperature-control packaging is hindering the sales of commercial refrigerators in Asia Pacific.

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Advent of Smart and Solar Commercial Refrigerators Presents a Fresh Opportunity

Dramatic changes have been witnessed in commercial appliances over the last few years. The high energy consumption of these appliances has led to the introduction of smart and solar powered commercial refrigerators. With leading name brands venturing into the development and manufacturing of solar-based commercial refrigerators, the market witnesses lucrative prospects to gain from in the near future.

Commercial Satellite Imaging Market Development Trends, Demands, Industry Analysis & Forecast by 2027

Led by Galileo Group Inc., Planet Labs Inc., Blacksky Global, Telespazio, Exelis Inc., DigitalGlobe Inc., SkyLab Analytics, Trimble Navigation Ltd., and Spaceknow Inc., the global commercial satellite imaging market demonstrates a highly competitive business landscape, states Transparency Market Research (TMR) in a new research study. These players are likely to remain dominant in the global commercial satellite imaging market in the next few years. They are expected to focus on establishing strong distribution channels across various industries in the near future in order to strengthen their position in the global market, notes the research study.

According to the research report, the overall opportunity in the global commercial satellite imaging market stood at US$ 3.82 Bn in 2018. The global commercial satellite imaging market is anticipated to expand at a CAGR of 11.61% and reach US$10.23 bn by the end of the forecast period. Energy, geospatial technology, natural resources management, construction & development, disaster response management, defense and intelligence, conservation and research, and media and entertainment sectors have surfaced as the key application areas for commercial satellite imaging solutions across the world, states the research report.

North America to Continue to Dominate Global Commercial Satellite Imaging Market

Asia Pacific, North America, Middle East & Africa, Europe, and Latin America have emerged as the major regions of the global commercial satellite imaging market. North America leads the global commercial satellite imaging market. This trend is estimated to continue in the near future. The commercial satellite imaging market in Asia Pacific is also anticipated to expand at a steady pace in the next few years, states the research study.

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Technological Advancements to Boost Global Commercial Satellite Imaging Market

“Of late, the global commercial satellite imaging market has been observing tremendous growth,” says a TMR analyst. The emergence of a number of technologies and applications, such as Google Earth, is supporting the growth of the global commercial satellite imaging market. Constant advancements in technologies is also boosting the global commercial satellite imaging market.

On the flip side, the need for high capital investments in research activities for the advancement of commercial satellite imaging production techniques may act as a restrain to the growth of the global commercial satellite imaging market in the near future. Nonetheless, the presence of untapped opportunities in emerging economies is expected to normalize the impact of these deterrents over the next few years, states the research report.

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The review is based on a report by Transparency Market Research, titled “Commercial Satellite Imaging Market (End-user: Government, Commercial Enterprises, Civil Engineering Industry, Military, Forest, Agriculture, Energy Sectors, and Insurance; and Application: Energy, Geospatial Technology, Natural Resources Management, Construction and Development, Disaster Response Management, Defense and Intelligence, Conservation and Research, and Media and Entertainment) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019–2027.”

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. 

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.”

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.

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 ...