Equipment – Page 5 – Latest Market Trends

Microelectromechanical Systems (MEMS) Market is Booming Worldwide from 2020 to 2024

The global Microelectromechanical Systems (MEMS) Market is expected to grow at a dynamic rate for the forecast period owing to growing applications in many sectors such as automotive, aerospace, consumer electronics, defence and healthcare. Healthcare and consumer electronics are main driver of this industry. Microelectromechanical Systems (MEMS) consists of many Nano electro mechanical components embedded in semiconductor chips. It is made of micro circuits which consists of different sensors which are embedded and other components are placed upon. MEMS devices have application in various fields due to their higher efficiency rates and low costs.

In various devices this technology is used as Sensor fusion. Sensor fusion is software that enables fusing of data from several different sensors to compute something which can’t be determined by single sensor alone. It enables motion tracking, context awareness and augmented reality. The solution enhances customer experience with portable devices. MEMS technology is used in mobile phone as sensors and micro phones. In healthcare industry it is used in hearing aid devices, pedometer and lab on chips devices. In automotive industry it is used in Crash sensing device, vehicle dynamic control, rollover detection and antitheft system.

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MEMS devices are gyroscopes, acceleration sensors, ink jet heads, pressure sensors, radio frequency MEMS, silicon microphones and micro bolometers. Major application areas include consumer, space/military, automotive, medicine and telecommunication. A huge completion amongst the competitor is forcing them to reduce the prices, which is hampering the profit of the industry. Revenue from the market is less due to its competitive nature and is affecting the growth of the industry. Industry wise it can be segmented it is segmented as automotive, aerospace, consumer electronics, defence and healthcare. Automotive industry uses the mems technology extensively. Passenger cars or commercial vehicles needs sensitive sensors and mems technology is cheaper, reliable and effective. Pressure sensors are most widely used in automobile industry. Increase in demand for automotive is a driver in MEMS technology. In Europe and America, the MESM technology based sensor is expected to grow.

Consumer’s electronics segment also uses MEMS technology. A washing machine or a mobile device uses various sensors which are supported by MEMS technology. This technology has a huge application in harvesting renewable energy. In solar energy harvesting this technology is used to absorb energy and convert it in usable form. Hence MEMS has a huge potential market. Market of MEMS is divided into Oscillators Pressure Sensors, Accelerometers, Microphones, Gyroscopes, and Radio Frequency MEMS. Microelectromechanical Systems market is segmented on 5 regions North America, Europe, Asia-Pacific, Latin America and MEA.

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North America regional market includes the U.S. and Canada. Europe regional market includes European Union, CIS and other non-member states. Asia Pacific regional market includes Japan, China, India, Taiwan, Korea, and Australia. Latin America mainly includes Brazil, Mexico, and other South American countries. MEA comprises Middle East and African countries. North America is the largest market for MEMS but Asia Pacific region is expected to grow at a tremendous rate. North America is the largest market for MEMS used in medical devices. Asia pacific has observed an increment in the medical requirement assistance hence it is a potential market expected to have a drastic growth rate in near future.

Key players in Micro-electro-mechanical system industry are include Robert Bosch, Texas Instruments, Knowles electronics, InvenSense, AKM, Honeywell, Canon, Panasonics, Hewlett Packard, Denso, Avago Technologies, Seneata, Analog Devices Inc., Lexmark, Autoliv, Inc., Aptina Imaging Corporation, CASCO, Bourns, Inc., Corrsys-Datron Sensorsysteme GmbH, Continental AG, Custom Sensors & Technologies, CTS Corporation, Inc., Kavlico Corporation, BEI Sensors, Denso Corporation, Delphi Corporation, Freescale Semiconductor Inc.,, ELESYS North America, Inc., Hamamatsu Photonics KK, General Electric Company, Hella KGaA Hueck & Co., Hamlin Electronics, Infineon Technologies AG., Kistler Group, Melexis Microelectronic Integrated Systems, Hitachi Automotive Systems, Micralyne, Inc., NXP Semiconductors N.V., NGK Spark Plugs USA, Inc., Inc., Omron Corporation, Novotechnik U.S., OSRAM Opto Semiconductors , Sensata Technologies, SSI Technologies, Inc., Valeo S.A, TRW Automotive Holdings Corp. and TT electronics plc. InvenSence Inc. technology has developed fabrication platform which enables integration of standard MEMS with CMOS in a small and cost effective water level solution.

The latest technology development in MEMS is the INS380SA, is a complete inertial navigation system consists of built-in 48-channel GPS receiver. Smart Sensing technology enables a turnkey system with better than 0.01 m/s velocity measurement accuracy. The integrated 3-axis magnetometer allows for accurate operation when the GPS signal is lost or when the vehicle comes to a stop. Car-Ele Japan is a new technology launched by Bosch in 2016. It is a MEMS sensor used in light electric vehicles such as e-Scooters and e-Bikes.

Fiberglass Pipe Market Will Generate About USD 6.19 billion By 2024

The global fiberglass pipe market was estimated at USD 3.83 billion in 2016 and is expected to reach USD 6.19 billion by 2025, with a CAGR of 5.6%. Fiberglass pipe is used for potable water use ranging in size from 1inch through 144 inches in diameter. The pressure classes range for such fiberglass from 50 psi through 250 psi. The design defines different stiffness categories and also about the exterior loading applied to the pipe. Benefits in using such pipes include light weight, corrosion resistance, low installation cost, sophistication and hydraulic smoothness. Disadvantages pertaining to use of fiberglass pipes include vulnerability to mechanical damage, low modulus of electricity, and lack of standard jointing system.

A method of manufacturing a pipe is called as filament winding. Glass-fiber saturated with resin is wound around a mandrel under controlled environments. Thus, inside diameter of the pipe is fixed by mandrel diameter and thickness of the wall is governed by pressure and stiffness class as specified. Another method of manufacturing is centrifugal casting. The fiberglass and resin reinforcement are applied to the mold and is rotated and heated.

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Outer diameter of the pipe is determined by the mold and inside diameter diverges dependent on the wall thickness. Therefore, various methods are used by several manufacturers to join pipe sections and fittings. Overall, considering the advantages and production techniques coupled with driving factors the global fiberglass market is anticipated to grow at a higher CAGR during the forecast period.

The key driving factors responsible for the growth of fiberglass pipes market includes rise in demand for fiberglass pipes in sewage owing to light weight, dimensional stability, resistance to corrosion, sophistication in installation and water management applications and better mechanical properties resulting into an enhanced product life with lower maintenance costs. However, high costs pertaining to material acts as a major restraint to market growth.

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On the basis of type, the global fiberglass pipes market is segmented into GRP and GRE. On the basis of fiber, the global fiberglass pipes market is segmented into E-Glass and T-Glass. On the basis of application, the global fiberglass pipes market is segmented into oil & gas, chemicals, irrigation and sewage. Chemical segment dominates the global market in the fiberglass pipes market during the forecast period.

On the basis of geographic segmentation, the global fiberglass pipes market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. APAC regions dominate the global fiberglass pipes market due to the presence of large chemical industry and government and heavy spending by government on waste and water management. Indian, Chinese and Indonesian market are anticipated to grow at a higher CAGR during the forecast period. North America is estimated to grow at a higher CAGR during the forecast period, followed by Europe and Middle-East regions. The key players in the global fiberglass pipes market include Arkema, Mitsubishi Plastics Inc, Formosa Plastics Corporation, SGL Group, Huntsman Corporation, PPG industries, and Taishan Fiberglass Inc.

Hermetic Packaging Market Will Generate About USD 5.03 billion By 2024

The global hermetic packaging market size was valued at USD 2.83 billion in 2016 and is anticipated to reach USD 5.03 billion by 2025. Packaging refers to the enclosures provided for products intended for storage, sale, distribution and use. These packages involve tins, cans and are barrier sealed to prevent air from entering into cans and help in preserving the contents from decaying. This is one side of the story. An application for hermetic sealing includes semiconductor electronics, thermostats, optical devices, MEMS and switches. Prevention of foreign bodies and water bodies in them is an essential requisite for maintaining proper functioning and reliability.

Hermetic by standard definition goes as being impervious to air. A cavity sealed microelectronic package that passes both gross and fine leak test as per TM1014 test method is named hermetic otherwise christened a “leaker”. The factors boosting hermetic packages include high-performance and limitations in plastic encapsulate I.C and ceramic packages on account of industry gravitating towards surface-mount switches. Restraints for hermetic packages include the on-demand re-start of hermetic lines as opposed to continuous production lines of plastic packages.

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Segmentation of hermetic packaging by configuration comprises multilayer ceramic packages, pressed ceramic packages and metal can packages. Market by type is classified as ceramic-metal sealing (CERTM), Glass Metal sealing (GTMS), Passivation glass, Transponder glass and Reed Glass. Market by Application includes transistors, sensors, lasers, photodiodes, airbag igniters, oscillating crystals, MEMS switches and others. Market by end-user industry comprises military and defense, aeronautics and space, automotives, energy and nuclear safety, medical, telecommunication and others. By geography, the market is further segmented into North America, Europe, Asia Pacific, MEA and Latin America.

Automotives are further broken down into airbag initiation, battery protection and RFID transponder operation. Energy and nuclear safety comprises electrical penetration control, oil and gas applications, fuel cell manufacturing. Medical truncates into dental applications and veterinary applications. MEM’s are proven devices of low-cost and reliability such as gyroscopes and resonators and excel in restricting chemically inert gases from escaping thanks to the hermetic packaging such as discrete and wafer level hermetic packaging employed. Electronic packaging is a science with hermetic ceramic packaging comprising I.C chips in Dual-Inline-Package (DIP) form which is further divided into two main types viz: multilayer ceramic packages (LTCC and HTCC) and pressed ceramic packages.

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CERM sealing enables high speed data transmission with minimum trace. H/LTCC offers significant advantages and hence indicates vertical growth in this segment. Hermeticity or hermetic packages to prevent moisture condensation from forming on IC chips and causing corrosion or occurrence of electro-chemical reactions is reason to hermetically seal the packages pursuant to military applications. Plastic encapsulate microelectronics (PEM’s) are still finding favor o account of die passivation and metallization technology but this is not the end for hermetic sealed packages with their feature-rich characteristics will find favor in electronics industry.

Hermetic connectors including DC and RF connectors machined housing and integrated hermetic electronic packaging are in use in extreme temperatures for carrying electric current in and out of the housing and disallow ingress of dust or moisture to settle on the electronic components. Connectors with specifications such as leak rate of 1×10-5 are hermetic. Target Audience includes OEM’s, OEM technology solution providers, Research Institutes, Market research and consulting firms and Technology Investors. As a news article dated Aug 2016 suggests trends in food packaging have completely taken over the industry with minimization of food waste and matters with severity such as using lesser preservatives in food are here to stay. Key industry players include Teledyne microelectronics, Schott AG, Ametek, Inc, Amkor Technology, Texas Instruments Inc., Micross Components, Inc., Legacy Technologies, Kyocera Corporation, and Materion Corporation.

Next Generation Network (NGN) Equipment Market Is Roaring Worldwide From 2021

The global next generation network (NGN) equipment market is anticipated to grow at a CAGR of over 11% over the forecast period. Increasing preference to rising profit margin and customer satisfaction in telecom service providers are anticipated to drive the next generation network equipment market. The concept of NGN has been initiate and designed for traditional telecom operators to become more than ISP and to operate with the customer needs driven model in order to survive the challenges.

These services have become popular among service providers for the reason such as the need to deal with customer service and retention, and integration with new IP-based frameworks. NGN provides telecom service providers with tools that would intensify customer experience and loyalty.

Depending on the type of customer, The NGN customer terminal equipment can be an end user terminal device, a gateway for a corporate network, a gateway for a home network or a gateway for a vehicle LAN. NGN customer terminal equipment will be ICT-enabled i.e. services are IT based and connectivity CT based, but with the capability to simulate or emulate the traditional telecom communication services.

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For individuals, the customer terminal equipment comprises the end user device or home device. For instance legacy terminals, SIP phones, soft-phones such as a programmed phone on a PC, IP phones with text capabilities, set top boxes, multimedia terminals, and PCs.

For an enterprise, the customer terminal equipment is a gateway which is capable of providing the services being provided today by integrated PBX and company webs separately. For instance, short number dialing, hunting list, webinar, on-line exhibition.

For home networks, the customer terminal equipment comprises the home gateway and home devices which are capable of providing the services being provided today by telephone and home webs separately, for instance short number dialing for each family member, and family news.

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Rising demand for new advanced technology for supporting services such as M2M and cloud is expected to propel the growth of the market over the forecast period. Growing number of mobile subscribers are putting further pressure on these systems; thus the network needs to be more scalable, agile, and diversified. 5G will empower new business opportunities by adopting diverse ecosystems in all dimensions.

Telecom service industry depends mostly on NGN equipment’s for providing enhanced value proposition. Telecom services providers have been investing in these equipment’s to differentiate their service offering in heavily competitive market and drive lucrative revenue growth.

Validation of telecom service subscribers through advanced identifiers and hot provisioning will be major drivers for these equipment’s owing to increasing importance of data security and privacy. Customer demand, cost reduction, and competition are the key factors driving telecom sector to evaluate their business support system-operation support system gap and increase their spending to close it.

Increasing requirement of service quality improvement, service offering expansion, and faster market time for telecom service market might shape the necessity for these systems over the forecast period. Growing adoption of convergent billing systems, rising demand for customer care services, and fast growing telecom industry are among the key factors expected to drive global next generation network equipment market.

Most crucial challenge confronting telecom operators is optimization of these processes, platforms, and systems. Difficulties in integration of legacy systems with these advanced systems and the regulatory issues may hamper market growth over the forecast period. Operations support systems offer assurance, service fulfillment, and network monitoring & design.

Business support systems can be further sub-segmented into order management, revenue management, product management, and customer management. Service assurance and service fulfillment solutions are anticipated to NGN equipment market.

Geographically, the global new generation network equipment market is segmented into North America, Asia Pacific, Latin America, Middle East and Africa, and Europe. Asia Pacific is expected to be key growth region over the forecast period owing to existence of large customer base and evolving telecom industry. Middle East & Africa and Latin America are also anticipated to witness substantial growth over the forecast period.

The key market players dominating the global market for next generation network equipment include Alcatel Lucent S.A., Huawei, Hewlett-Packard Company, Formula Telecom Solutions, AT&T Inc., Amdocs, Cisco System, Cerillion, Elitecore Technologies, and comptel, while other prominent players include ZTE, WebNMS, Tech Mahindra Limited, IBM Corporation, Oracle Corporation, OpenCloud, Mycom, Tata Consultancy Services Limited, and LohNet Systems.

Mergers, acquisitions, and strategic alliances are the key strategies by top market players to boost their service offerings. Vendors also emphasis on providing niche services and have strong support teams in order to sustain their market shares.

In 2014, Huawei, Ericsson and Nokia Siemens & Network formed a strategic alliance to offer OSS interoperability, which will help operators reduce costs. In 2013, Ericsson acquired Telcocell and Thailand-based TelOSS consulting, while Amdoc acquired Celicite to increase its product portfolio further into network software market.

Smart Elevator Market Will Generate About USD 10.50 billion By 2024

Industry Insights

The worldwide smart elevator market size valued at USD 10.50 billion in 2014. Rising acceptance, particularly in Latin America, Asia Pacific, and the Middle East, are anticipated to drive the growth of the market. Numerous benefits together with longer stability along with reliability are also expected to help the growth of the industry over the coming years.

Growing disposable income of the consumer, predominantly in countries such as China, Brazil along with India coupled with the increasing need for faster transportation facilities may elevate the demand for the elevator. The elevator industry is hovering for growth owing to superior control of elevator traffic and the growing requirement for improved energy efficiency worldwide.

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Expansion of products that utilize renewable energy sources is likely to offer new development avenues in the upcoming years. Extensive usage in different sector like industrial, commercial as well as residential areas is further liable to drive the growth of the market. Fast infrastructure growth in rising economies along with government inclination to the deployment of such type of advanced elevator in new structures built in respective countries is also anticipated to impact demand of elevators over the forecast period positively. Large installation cost of elevators may hamper the growth of the industry over the next few years.

Technological advancements in elevator industry resulting in the addition of various digital controls which are related to security may also facilitate elevator industry to offer possible growth opportunities to participants in the industry. Economic benefits which are linked to cost savings with the help of low power consumption may also assist to drive demand over the forecast period. Also, the benefits such as the reduced passengers’ waiting times along with increased traffic management effectiveness are also likely to drive the smart elevator market considerably.

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Solution Insights

The industry divided into three parts namely new deployment, maintenance and modernization depending upon the solution provided. The market further segmented into elevator automation and elevator access control & security based on new deployment.

Elevator automation segment may observe high growth owing to numerous advantages which offered by this deployment type such as efficient passenger transportation, energy saving, and time-saving. Elevator access control & security market helped in accounting more than 35% of the overall share in 2014, but this proportion may decrease over the coming years.

Maintenance segment is estimated to demonstrate considerable development in upcoming few years which may credit to increasing maintenance related activities of already installed products in mature markets such as North America along with Europe.

Application Insights

Residential segment has for over 20% of the total revenue share in 2014 which is anticipated to rise over the forecast period. This growth may credit to rising disposable income of consumer along with increasing migration of population from rural to urban areas. Industrial segment is probable to appear as the fastest growing application in next few years owing to the mounting demand for energy-efficient solutions which results in increasing acceptance.

The commercial segment may observe significant development over the given forecast period due to advantages such as reduced operational cost, low power consumption, and cost savings.

Regional Insights

In 2014 North America smart elevator market was a leading regional segment as well as accounted for more than 40% of the revenue. This growth may be credited to previously well-established infrastructure facilities in the region along with early technology adoption by many industries in the area.

Asia Pacific region is also expected to observe considerable development over the forecast period because of rapid infrastructure growth as well as growing urbanization in the Asia Pacific region. Rising amount of consumer disposable income along with technological advancements may also help to add to the regional development in next few years. Growing government inclination towards up gradation of existing elevator is anticipated to drive the European smart elevator market over the forecast period.

Competitive Market Share Insights

Key participants compete in the market by their industry presence along with new product development. Manufacturers give emphasis to improving their regional presence by collaborating with other companies which offer similar products plus services for getting a competitive advantage in the market. Key industry participants seize their competitive position in the market with the help of the superior distribution channel facilities along with improved service potential.

Key player in the market includes companies such as Schindler, ThyssenKrupp group, Schneider Electric, Otis Elevator, Mitsubishi Electric Hyundai Elevators, Hitachi, Fujitec and Bosch Security Systems.

Transfection Reagents And Equipment Market Will Generate About USD 1.08 billion By 2024

Industry Insights

The global Transfection Reagent & Equipment Market size is estimated to reach USD 1.08 billion by 2022, exhibiting a 7.4% CAGR during the forecast period. The primary factor for the growth of this segment is the rising demand for the production of the recombinant protein.

Advancements in the clinical development of biopharmaceuticals, is anticipated to boost the demand for gene analysis and gene expression studies for the purpose of bio-authenticity and investigative analysis. The aforementioned factor is attributive to drive the segment revenue potentially in the coming years.

Patent cliff generated in recent years is pronouncing the need for production of several moieties which depends on the laboratory analysis thus inducing industrial growth in this market. Anticipated rise in the analytical methods is expected to increase the adoption of such technologies in the coming years.

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Additionally, with established healthcare infrastructure and reimbursement policy, many pharma companies are expanding their business in western geographic segments which would induce innovation and growth in the biotechnology industry over the forecasted period.

Method Insights

Electroporation method for conducting transfection process holds the largest share of the revenue. The larger share is attributive to its diverse versatility in application, user-friendliness, and consequent higher implementation of this technique. However, the misuse of this method has caused cell damage which is expected to slow down its adoption.

Liposomal method is second only to the electroporation method of transfection. The other segments for the implementation of method includes adenoviral vectors and particle bombardment which are expected to provide positive growth in the forecasted period.

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Bombardment equipment and particle acceleration have witnessed a reduction in the cost over the past years which will boost its market penetration. This method is expected to grow at the fastest rate owing to increasing investment in order to bring about technological innovations in this market.

Application Insights

Gene expression accounted for the largest share of revenue in 2016 as a result of larger use of the technology in this segment. Vaccine biopharmaceuticals production requires substantial usage of gene expression methods based on the principles of transfection.

Proteomic analyzers and cytology-based programs (for research purpose) are expected to witness demand in biomedical and oncology studies. This factor is expected to fuel progress in the coming years.

Regional Insights

North American region witnessed highest penetration in 2016 owing to the presence of large number of research and biopharmaceutical production institutes, biosimilar drugs, vaccines, and clinical organizations for R&D.

With the rise in number of academic institutes engaged in basic research for protein and genetic research which are highly supported by the government, the market revenue for transfection is anticipated to witness potential increment. Also, a large number of cancer research and specialized biomedical institute provides a platform for the development of this technology.

Europe with respect to market share is close to North America and has gained significantly high revenue as per the estimation. With favorable government policy, large-scale gene expression analysis is widely implemented in this region. Also, large-scale development in reverse transfection has provided a strong base for penetration of the products in this region.

Asia-Pacific region is expected to witness fastest growth over the forecast period owing to progress in healthcare infrastructure, for example, setting up of bio-incubators for research purpose, rise in government funding for basic research held in academic institutions, increasing adoption of proteomics and cytological expression.

Competitive Insights

Roche, Promega and Life Technologies (a subsidiary of Thermo Fisher) are renowned players operating in this market. These players are engaged in implementing strategic initiatives such as product development, diversification, vertical and horizontal integration, and in some cases divestiture.

Other companies that are operating in this market are Lonza, Qiagen, Mirus Bio LLC, OriGene Technologies, EMD Millipore, VWR International, BTX and SignaGen Laboratory.

Tunable Diode Laser Analyzer Market is Booming Worldwide from 2020 to 2024

A tunable diode laser analyzer is a modern device which is used to diagnose the sample gas concentration.

Industry insights

The global tunable diode laser analyzer market was valued at USD 367.2 million in 2015. A tunable diode laser analyzer is a modern device which is used to diagnose the sample gas concentration. This calibrating device helps to identify the amount of carbon dioxide, water vapor, methane, and various gaseous mixtures with the help of irradiation of the sample by using light from a tunable diode laser.

Tunable diode laser analyzers are largely used to measure the composition of industrial emissions to detect harmful gasses which include oxides of carbon and nitrogen as well as oxygen and water. It uses accurate, and highly responsive measuring signals for process control systems thus helps to improve yields, safety, and energy efficiency in various industrial processes. TDLAs works by measuring the amount of light that is absorbed as it travels through the gas being measured. The absence of moving parts and sensor contact involved in the process leads the analyzers to have low rates of failures and a long-term low cost of ownership.

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The key market driver for tunable diode laser analyzer is the increasing demand for the measuring harmful gasses in emissions and growing concerns with respect to the effects of gases which are hazardous in the areas such as mines and industries or gas and oil fields. Moreover, TDLAs are largely used across applications in hydrocarbon processing and power generation.

Merchants are offering tunable diode analyzers which are compact and effectively serve to an area of industry applications. This optical analyzer measures the flue gas, process gas, analysis of analysis throughout downstream, upstream and midstream activities. However, high R&D costs, as well as the lack of awareness about such advanced technology, are expected to challenge the industry growth. The growth prospects of the industry may get hamper over the next eight years due to the low prices of competitive technologies for analyzing gas like evolved gas analyzers, and thermal & infrared gas analyzers.

Measurement type Insights

TDLAs market is segmented on the basis of methods such as In-situ and others. Others include extractive methods. TDLA detect and measures the concentration of gas even at a very low level of. Improved TDLAs give actual information about the chemical composition of gaseous composition with the help of in-situ measurements. Such in-situ measurement-type TDLAs gives greatly accurate and correct analysis; thus eradicating the need for extraction of the sample and its conditioning. The in-situ type is a market leader and accounts for 65%. In addition, it is anticipated to be a leading segment throughout the forecast period.

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The extractive method involves extraction of a sample stream from the process and then transferring it to a conditioning system before its measuring and analyzing. There are very few cases where the sample was taken cannot be moved directly to an analyzer. It requires conditioning that may change the properties of sample gas thus leads to the errors in making process decisions. The above-mentioned issues and lack of accuracy in measurement associated with Extractive measurement methods are driving the adoption of the in-situ measurement method. Hence, it holds the major share in the market.

Application Insights

TDLAs have applications in an industry which include Oil & Gas, Cement, Healthcare, Paper & Pulp Chemicals, Fertilizers, Mining & Metal and Power.

The oil & gas industrial segment dominated the global TDLA demand and was valued at over USD 85 million in 2015 which can be associated with the rising demand for the complex hydrocarbon gas detection and low concentration gas detection across processing activities in petrochemical industry and oil fields.

TDLAs have applications in LNG plants and natural gas to easily detect and remove the moisture present in the gas streams between various processes. The measuring the moisture content is crucial for petrochemical companies to meet the quality specifications and to protect the corrosion of pipelines. In addition, TDLAs are also used for the detection of corrosive sulfur compounds in refineries, which may incur the high cost of operation and maintenance for the process infrastructure.

TDLAs application in the healthcare industry is expected to see a substantial growth in the demand over the next decade. The segment is estimated to grow the fastest at a CAGR of over 9% over the forecast period.

Regional Insights

Due to the increasing industrialization, the Asia Pacific region is anticipated to come as a predominant market which accounts for over 35% of the global demand for TDLA devices in 2015 and growing at a CAGR of over 10% over the forecast period.

Developing economies, such as China and India, are anticipated to see the growth in different industries which includes metal & mining, pulp & paper, power generation, and cement, which provides the base for the installation of TDLAs over the traditional analyzing devices. Stringent industrial emissions norms and regulations by the Environmental Protection Agency in the U.S. are expected to drive the demand for advanced TDLAs in the region.

Competitive Insights

The market participants in the global tunable diode laser analyzer market include Yokogawa Electric Corporation, Servomex, Siemens AG, Honeywell International Inc., Sick AG, Emerson Process Management, ABB Ltd., Neo Monitors, Mettler Toledo, and Ametek Process Instruments. Among these ABB, Siemens and Yokogawa hold significant market share.

Technical Ceramics Market Will Reach Height of USD 134.58 billion By 2024

The adoption of the technical ceramics as an alternative to the plastics and metals in automotive and healthcare market segment is attributing to the advancement of the market.

The global technical ceramics market size is expected to value at USD 134.58 billion by 2024, during the forecast period. The market is subject to witness a substantial growth due to cost-effectiveness associated with the use of advanced ceramics products and longer life cycle, and growing competition in the market. Growing demand of the advanced ceramics or technical ceramics in the automotive sector is one of the key factor propelling the market growth in recent years.

The adoption of the technical ceramics mainly in the developing countries along with expansion of the automobile industry in the region owing to the recent economic growth are spiraling the market demand for the technical ceramics industry over the forecast period. The adoption of the technical ceramics as an alternative to the plastics and metals in automotive and healthcare market segment is attributing to the advancement of the market. Globally, the market is predicted to grow at high CAGR in forecast period, providing numerous opportunity for market players to invest for research and development in the technical ceramics market.

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The growing awareness about the benefits offered with the use of the technical ceramics over the conventional products are driving the demand for the technical ceramic market in coming years. The advantage associated with the use of the technical ceramics are bio-degradability, durability, reliability, and superior tensile strength. Most of technical ceramics are eco-friendly in nature in comparison with conventional materials, and stringent governmental regulation to limit environmental hazards with use of traditional materials such as plastics is fueling the growth of the technical ceramics during the forecast period. The application of technical ceramics has found its way in the electronic and electrical industry as well. Growing use of the electronic devices by consumers will further push market demand of technical ceramics.

Excessive adoption of the coated machinery materials, along with shifting inclination towards technical coatings by consumers and recent developments in various deposition processes, are opening numerous potential opportunities for the technical ceramics industry in coming years. Some of the critical factors associated with market limitation are numerous governmental regulations in regards to the environmental impact and growing competition from other types of materials.

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The technical ceramics are also referred as engineering ceramics or industrial ceramics or advanced ceramics. Technical ceramics are considered as highly-sophisticated ceramics consisting of distinctive characteristics such as mechanical, electrical, thermal and bio-chemical that are suitable for various industrial applications.

The highly-specific properties associated with technical ceramics are further boosted and optimized to meet the required technical requirements during the industrial applications. Combination of the mechanical, bio-chemical, electrical and thermal properties to design and create advanced set of components that are capable of performing required set of the task with high accuracy makes it an ideal alternative to the traditional materials similar to metal and plastic in the respective field of application. Technical ceramics are capable of overcoming technical challenges remain unsolved with the use of traditional materials.

Few of the highly advanced properties associated with the technical ceramics are wear resistance, high temperature resistance, erosion resistance, and bio-compatibility. The distinct characteristics of the technical ceramics makes it an ideal choice for various industry application such as automobile sector, electrical industries, healthcare sector, power & energy industries and mechanical engineering.

The technical ceramics market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the use in the environmental and medical sectors and growing emphasis on research for new product development. Asia-Pacific region is predicted to hold major market share in the technical ceramics industry with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific’s market with growing competition in manufacturing, reduced costs, rising economic growth in the region, and constant demand in the end-user industries. The key players in the technical ceramics market are Kyocera Co., CeramTec Co., Morgan Advanced Materials Inc., McDanel Co., and Saint-Gobain Ceramic Materials.

Plumbing Fixtures Market Will Reach Height of USD 121.9 billion By 2026

Synopsis:

With reference to the information published by the professionals, in 2018, the scope of the global Plumbing Fixtures Market was priced at US$ 87.7 billion. It is estimated to grow at a 4.8% CAGR by the completion of the prediction period to touch US$ 121.9 billion by 2025.

The plumbing fixtures are a consumable means that can be linked with the plumbing arrangement to transport and drain water. Fixtures have transformed radically during the previous a small number of years by means of material, stylishness and color. There are a number of categories of plumbing fixtures existing in the market. It consist of urinals, channel drains, bathtubs, showers, drinking fountains and others.

A number of criterions about the active operation & design of plumbing fixtures are prepared by a number of governments. Together the material of the component along with the design of plumbing fixtures such as toilet pans, tubs, wash-basins, sinks and others are dependent on criteria and certifications those are necessary to guarantee security and reliability.

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Drivers:

Growing use of contemporary kitchens and bathrooms on an international level is estimated to motivate the demand for plumbing fixtures during the period of upcoming years. Sequentially, this is expected to have a robust influence on the development of the plumbing fixtures market.

Inclination for contemporary kitchens and washrooms that are not only useful but likewise have an artistic appeal is growing between the metropolitan residents. Increasing acceptance of earthenware resources in sanitary ware because of their outstanding features of tolerating the heat has influenced the salaried class people to expend on remodeling kitchens and washrooms.

The demand for plumbing fixtures is being encouraged by way of the solid development in the business of construction. The application of plumbing fixtures in residential buildings is estimated to observe the maximum speedy development.

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Restraints:

The most important encounter recognized for the companies in the global plumbing fixtures industry is to design fixtures considering the established criterions for a number of materials used in the manufacturing of goods.

Classification:

The global plumbing fixtures market can be classified by Sales Network, Application, Location, Deployment, Product, and Region. By Sales Network, it can be classified as: Offline shops, Brand showrooms, Company Retails shops, Dealer shops, Multi Brand Showrooms, Online shops and others. By Application, it can be classified as: Remodel & Repair, New Construction. By Location, it can be classified as: Kitchen, Bathrooms and Others. By Deployment, it can be classified as: Commercial, Residential. By Product, it can be classified as: Drains, Showers, Sinks, Taps & Faucets, Toilet Pans, Bathtubs and others.

Regional Lookout:

By Region the global plumbing fixtures industry can be classified as North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. In 2018, North America arose such as the biggest market for these fixtures. It was responsible for a share of beyond 25.0% of global revenue. The Americans are creating annals by way of creating washrooms, beyond regular number, in every house. More than 44% of American houses are there having attached washroom. This tendency is expected to upsurge the supplies of plumbing fixture.

Asia Pacific is likely to be the speedily developing market, increasing by a 5.4% CAGR during the period of 2019 to 2025. This development is credited to the huge number of new-fangled building schemes going on through Asia. In the year 2018, more than ten thousand schemes were going on, that encompassed erection of railway stations, airports, offices, industrial unit, schools & educational establishments, hotels & restaurant, shopping complex & malls, hospitals and additional alike places.

Companies:

Due to greater concentration of native manufacturing companies in developing economies comprising India and China, along with the high-class French an Italian brands, the business is split. The companies are speedily modernizing their line of product to create their goods aristocratic and smart. The most important motivating reason is the willingness between the shoppers to additionally expend for the deluxe goods.

Similarly, the manufacturing companies are taking part in partnerships and mergers & acquisition activities, to increase their position in the market for these fixtures. By way of the figure of companies, estimated to upsurge during the upcoming years, the competition is expected to additionally become stronger.

Some of the important companies for plumbing fixtures market are: TOTO LTD., Moen Incorporated, Jacuzzi Inc., Gerber Plumbing Fixtures LLC, Colston Bath, PROFLO, Kohler Co., GROHE AMERICA, INC., DELTA FAUCET COMPANY, and American Bath Group. Additional notable companies are: LIXIL Group Corporation, Kohler Co., Geber it AG, Roca Sanitario S.A, Masco Corporation, MAAX Bath Inc., Fortune Brands Home & Security, Inc., and Elkay Manufacturing Company.

Biochar Market Is Burgeoning Worldwide By 2025

The global Biochar Market is anticipated to exhibit a healthy CAGR during the forecast period, according to a report available on Million Insights. Biochar refers to charcoal produced by burning waste materials such as wood waste, agricultural waste, forest waste, and animal manure under controlled conditions.The production process of biochar is based on heat rate, residence time, and temperature. Thermal decomposition of biomass in absence of oxygen produces a mixture of liquid (bio-oil), solids (biochar), and gas (syngas) products.

Rising demand for organic farming and high crop yield owing to rising population is anticipated to propel biochar market growth. Growing awareness among consumers regarding health benefits of organic food is promoting organic farming. Thereby, farmers are using chemical free products to improve soil fertilization and crop yield. In addition, increasing use of biochar in water treatment process is also expected to impel market growth. The product is capable of removing multiple inorganic, organic, and microbial contaminants from water to provide safe drinking water. Unlike other existing water treatment technologies, biochar is capable of removing biological, chemical, and physical containments while maintaining organoleptic properties.

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To cater to rising demand for biochar, manufacturing companies are investing in R&D to develop advanced methods of producing biochar in bulk. For instance, in July 2010, Aries got all kinds of permits to contract biosolids-only gasification facility in New Jersey. The plant will process 400 tons of biosolids every day using fluidized bed gasification system. Thereby, it will produce 22 tons of biochar each day by processing 400 tons of biosolids. In addition, the facility will also contribute to environment by reducing greenhouse gases. Unlike conventional disposable methods of industrial waste, this plant will eliminate land application of biosolids.

Technology Insights:

Based on technology, the biochar market can be categorized into gasification, pyrolysis, and hydrothermal carbonization. Pyrolysis segment is anticipated to hold largest market share over the forecast period owing to high yield and process stability. The end-product obtained through pyrolysis is rich in carbon content, which makes it highly useful in agricultural purposes. Hydrothermal carbonization technology, on the other hand, is slowly gaining traction among small scale producers.

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Application Insights:

In terms of application, the biochar industry can be classified into gardening, agriculture, and household. Agriculture is expected to be largest application segment and is predicted to maintain its dominance in coming years. Biochar improves water and fertilizer holding capacity in soil, which provide essential nutrients to crop and promote plant growth. Soil degradation and accumulation of pesticide residues are the two major problems being faced by farmers. Application of biochar is likely to alleviate these problems by fertilizing the soil and accumulating essential nutrients for plants.

Regional Insights:

Regional segmentation includes Europe, North America, Asia Pacific, Central and South America, and Middle East and Africa.North America is anticipated to hold largest market share over the forecast period. This is attributed to rising demand for organic food products among consumers in the region. Growing awareness among humans regarding health benefits of organic food is promoting use of chemical free farming techniques. In addition, increasing use of biochar in poultry farming to reduce bad odors from litter and ammonia. It is able to absorb liquids, gases, and ammonia to eliminate bad odor. Moreover, increasing number of small and large scale manufacturing companies will drive the market over the forecast period.

Asia Pacific, on the other hand, is expected to exhibit significant CAGR in coming years owing to growth of agriculture industry in India and China. Supportive initiatives taken by government in these developing economies to promote organic farming will drive regional growth.

Some of the key players in the biochar market areAgri-Tech Producers LLC, Chargrow LLC, Genesis Industries, Green Charcoal International, and Cool Planet Energy Systems. Companies are adopting business strategies such as mergers and acquisition to gain competitive edge and to expand their product portfolio.