Bottle Blowing Machine Market Size, Share, Growth, Trends and Forecast To 2025

According to the latest market report published by Transparency Market Research titled “Bottle blowing machine Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” food and beverages end-use segment is expected to be the largest revenue contributor to the global bottle blowing machine market during the forecast period, 2017-2025. Global revenue generated from sales of bottle blowing machine in 2016 was nearly US$ 1.90 Bn, which is projected to increase at a CAGR of 3.0 % during the assessment period.

Strict regulatory norms and expensive price continue to restrain market growth

Growing consumer preference for bottled water will foster the need for blowing machine market. However, global bottle blowing machine market may encounter with a major challenge limiting its growth in near future, attributed to stringent government regulations in different countries.  Regulatory norms will reportedly pose a restriction for the market’s growth through to 2025. Huge, uncontrollable waste produced due to plastic on a global level is forcing governments to restrict the production and sale of bottles. Moreover, bottle blowing machines are best suited for manufacturers with high output, whereas prices of bottle blowing machines seem to be unaffordable for small and regional manufacturers. This factor will significantly limit market growth by 2025 end. In some cases, the manufacturing output volume is relatively lesser and the machine is used only for a short duration, resulting in high idle time of the machine. This factor greatly reduces the productivity of the manufacturing firm.

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Manufacturers shifting from semi-automatic to automatic blowing machine

The global bottle blowing machine manufacturers are now focusing on incorporating new technologies in the machine. They are replacing semi-automatic bottle blowing machines with automatic bottle blowing machine that have enhanced features, which further eliminates the possibility of errors caused due to machine inaccuracy. Machinery manufacturers are moving forward and offering features such as remote services, machine simulation, and data acquisition.

Segmental insights: Technology type and end-use industry

The global bottle blowing machine market is fragmented based on technologies used for the production of bottles. The technologies involved in bottle blowing machineries are extrusion blowing machine, injection blowing machine and stretch injection blowing machine. Injection blowing machine is widely used in developed countries because of its rugged and simple structure of technology, and stretch injection blowing technology is mostly used for production of PET bottles. On the basis of end-use industry, the global bottle blowing machine market is segmented into food & beverages, pharmaceuticals, cosmetics & personal care, household, and others. Food & beverages industry is estimated to constitute the largest share of the global market revenue, as the demand for bottled water is increasing rapidly within this domain. This factor will continue to accelerate the demand for blowing machines.

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North America dominates globally

Among market segments based on the geographical segmentation, the North American market recorded to capture 26.2% value share of the global market revenue in 2017. North America will remain the key market in global bottle blowing machine market. The manufacturers of blowing machine focus on the expansion of their business in different geographies. Most of them are increasingly investing in emerging markets such as China and India, which may uplift the demand for bottle blowing machines in near future.

Some of the players operating in the global bottle blowing machine market include Krones AG, Sacmi Imola S.C, Nissei ASB Machine Co., Ltd., Chumpower Machinery Corp, Aoki Technical Laboratory, Inc., KHS GmbH, Sidel, Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A., Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. etc.

Bottle blowing machine market segmentation is below –

By Technology Type

  • Extrusion Blowing Machine
  • Injection Blowing Machine
  • Injection Stretch Blowing Machine

By Machine Type

  • Automatic Machine
  • Semi-automatic Machine

By Material Type

  • Polyethylene (PE),
  • Polyethylene terephthalate (PET),
  • Polyvinyl chloride (PVC)
  • Others

By End Use Industry

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetic & Personal Care
  • Consumer Goods
  • Others

Digital Printing Films Market Size, Share, Growth, Trends, and Forecast 2018 – 2026

Global Digital Printing Films Market: Overview

The digital printing films are multipurpose printing medium that offers information or brand display and improved shelf appeal. The Popularity of digital printing films is increased in the packaging and non-packaging applications. The digital printing films are manufactured by the plastic material which having high barrier properties and resistant to water and punctures. The digital printing films are used to apply on banners, cartons, glass, wall, labels, cards and various other formats. The digital printing films are manufactured by considering the printing processes and need of high heat sensibility. The digital printing films are used in the various application in the packaging industry such as bags, pouches, sachets, and cartons. The automotive and architecture industry mostly prefers cast vinyl digital printing films due to its longtime durability and high barrier properties.

Global Digital Printing Films Market: Dynamics

The use of digital printing films by packaging industry is increased due to its high offerings such as securement to products and aesthetic look. The advertising industry increases the digital printing films acceptance due to its application in banners. The UV offset printing is trending in the industrial applications due to its impressive board lamination and decorative printing. Owing to these factors, the key manufacturers of digital printing films are engaging in the production of direct UV offset printable films. The advancement in the digital printing machines over the screen printing is helping to grow the demand of digital printing films market.

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In 2018, Kodak and Uteco Group introduced the new Sapphire EVO digital printing press and water based inks with a vision to escalating their label and flexible packaging opportunities. In 2017, Cosmo Films, a producer of specialty BOPP films, introduced BOPP based printable synthetic paper which is printable with all printing technologies such as UV offset, screen or letter, thermal transfer, and digital toner.

Global Digital Printing Films Market: Segmentation

Then global digital printing films market is segmented on the basis of thickness, material, films type, printing type, and end-user industry.

On the basis of thickness, the global digital printing films market is segmented into:

  • Below five mils
  • 5 – 10 mils
  • 10 – 15 mils
  • Above 15 mils

On the basis of material, the global digital printing films market is segmented into:

  • Polyester
  • PVC / Cast Vinyl PSA
  • Polystyrene
  • Polypropylene
  • Polyethylene
  • Polyamide
  • Others

On the basis of films type, the global digital printing films market is segmented into:

  • Clear
  • Matte
    • One-sided
    • Two-sided

On the basis of printing type, the global digital printing films market is segmented into:

  • Laser Printable films
  • Inkjet printable films
    • UV Inkjet
    • Solvent & Eco-Solvent Inkjet

On the basis of end-user industry, the global digital printing films market is segmented into:

  • Packaging
  • Non-packaging
    • Advertising
    • Automotive
    • Food & Beverages
    • Publication
    • Building & Construction
    • Electronics & Electrical
    • Others

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Global Digital Printing Films Market: Geographical Outlook

According to the association for printing technologies, the global printing market was valued at US$ 389 Bn in 2017 and expected to grow at CAGR of 2.7% during 2017-2020. Indian print packaging market is projected to grow at the highest CAGR of more than 8% among all countries. In 2018, Asia Pacific region is estimated as the largest print packaging market followed by North America and Western Europe, as analyzed by association for printing technologies. Asia-Pacific is the major regional market for print packaging, accounting for over 42% of market value in this study, and will be the second fastest-growing region, expanding 6.7% in 2016-20. The printing market growth is expected to help to grow the demand for digital printing films.

Global Digital Printing Films Market: Key Players

Some of the key players operating in the global digital printing films market are as follows:

  • Tekra, A Division Of Eis, Inc.
  • Cosmo Films U.S.
  • Grafix Plastics
  • Integrated Packaging Films Inc.
  • Infiana USA, Inc
  • Coveme Spa
  • Emco Industrial Plastics, Inc.
  • Peiyu Plastics Corporation
  • Pvc Tech Corp.
  • Orafol Europe Gmbh
  • Klöckner Pentaplast

Thermoforming Machines Market Size, Share, Growth, Trends, and Forecast 2027

Global Thermoforming Machines Market – Overview

Thermoforming is the process of producing plastic products wherein the thermoplastic sheet of particular sized is clamped in place, heated to softening temperature and forced against the mold with the help of air or vacuum pressure or mechanical means. Thermoform packaging is one of the important packaging solutions for pharmaceutical manufacturers. Drug manufacturers are inclined to use thermoform packaging to promote as well as increase the shelf life of the product. The above factor has fueled the growth of the global thermoforming machines market. Thermoforming machines are used for variety of applications such as packaging, automotive parts, trays, agricultural machinery parts, pallets, building products and signs. The thermoforming machine can convert thick sheet applications to composite sheets which results in thinner walled parts and therefore are ideal for weight-sensitive applications. With the increase in the consumption of seafood, meat & poultry among the consumers is expected to increase in the sales of thermoforming machines globally. Moreover, the presentation of the product has to be unique which is co-related with the brand differentiation that in turn escalates the sales of thermoformed packaging in the near future. Thermoforming machines are used in various end-use industry which includes food, beverage, pharmaceuticals and automobile. Overall the global viewpoint for the thermoforming machine market is anticipated to remain positive during the forecast period.

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Global Thermoforming Machines Market – Dynamics

Thermoforming machines are high-speed machines which is suitable for just in time (JIT) production strategy. Fast prototype development of thermoforming machines is expected to increase the sales of the global thermoforming machines market. Thermoforming machines offers extensive options of finishing, patterns and textures of the product. Despite the positive outlook there are certain factors which hinder the growth of the global thermoforming machines market. Thermoforming machines uses more plastic as compared to other machines. Approximately 10%- 20% more plastic is required to make products using thermoforming machines. This adds to the cost as well as create extensive wastage too. Overall the global thermoforming machines market is projected to expand with an outstanding CAGR during the forecast period.

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Global Thermoforming Machines Market – Segmentation

The global thermoforming machines market is segmented by machine type, packaging type, distribution channel and application

On the basis of machine type, the global thermoforming machines market is segmented into –

  • Automatic
  • Semi- Automatic
  • Mannual

On the basis of packaging type, the global thermoforming machines market is segmented into:

  • Blister
  • Clamshell
  • Others

On the basis of distribution channel, the global thermoforming machines market is segmented into:

  • Manufacturers
  • Distributors
  • Others

On the basis of application, the global thermoforming machines market is segmented into

  • Food & Beverage
  • Pharmaceuticals
  • Chemical & Fertlizers
  • Personal Care & Cosmetics
  • Others

Global Thermoforming Machines Market – Regional Overview

Based on the geography, the thermoforming machines market is categorized into North America, Latin America, Europe, South Asia, East Asia, and MEA regions. Prominent regions such as North America and South Asia regions are anticipated to captures the substantial market share. The market growth of the thermoforming machines in these regions is majorly driven by the astonishing penetration of food and healthcare industries. Consistent use of thermoformed products in these regions is boosting the demand for thermoforming machines considerably.  Furthermore, in Europe, leading countries such as Germany, Spain, Italy, and the U.K. are projected to remain at the forefront in terms of the market share of thermoforming machines throughout the forecast period. Additionally, in the East Asia region, China is expected to be highly attractive regarding market share and growth rate. On the other hand MEA region is expected to register sluggish growth during the forecast period.

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Global Thermoforming Machines Market – Key Players

Some of the prominent manufacturers of thermoforming machines market are Gabler Thermoform GmbH & Co KG, Brown Machine Group Holdings LLC, Creative Plastics International, Inc, Webomatic Maschinenfabrik GmbH, Algus Packaging Inc, Rajoo Engineers Limited. and among others.

Vacuum Interrupters Market – Understanding the Key Product Segments and Their Future

A vacuum circuit breaker can be differentiated from other circuit breakers on the basis of its arc quenching technique. In this type, the interruption of current flowing through arc takes place in vacuum. This technology is widely used for applications working on medium voltage. The vacuum circuit breakers are also suitable for high voltage applications, however they are not commercially viable yet. The vacuum circuit breaker consist of a vacuum interrupter. This chamber is used for the basic operations of circuit breaker such as opening and closing of contacts carrying electric current and arc quenching. The vacuum interrupter is made by symmetrically arranging ceramic insulators in a steel arc chamber. The hermetically tight vacuum chamber present in vacuum circuit breaker eliminates any external impacts on the device. Thus the properties of the vacuum interrupter remain constant throughout the life cycle, giving it a clear edge over the other types of interrupters.

The most common application of vacuum interrupters is in the utility sector. The energy efficiency norms have created an upsurge in the innovation of technologies that reduce energy loses in power generation and transmission. Innovation in recent years has given rise to interrupters being fabricated without the use of sulfur hexafluoride gas, which was previously considered essential. Mounting concerns over carbon emissions and the need to improve energy-efficiency, has led manufacturers to seek materials which are energy-efficient for use in interrupter components.Classification of the vacuum circuit breaker’s market is mainly done on the basis of application that the interrupters are being used for. Some of the major applications of interrupters are in circuit breakers, load break switches, reclosers, contactors, tap changers and railway circuit breakers. Also, depending on the power flow, interrupters may be used for low, medium or high voltage power lines.

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The vacuum interrupters’ market is driven by some major micro and macro factors that affect the demand and supply of the technology. One of the major driver for this market is increase in population. This surge in population has created high demand for electricity in domestic, commercial as well as industrial markets. The construction of new infrastructure as well modernization of old electric systems in buildings has aided the demand for vacuum interrupters. Another driver for this market presently, is the gradual shift of the interrupter market from gas insulation interrupters (mainly using sulfur hexafluoride as an insulator) to gas-free insulators, due to regulations that inhibit the release of greenhouse gases into the atmosphere. This has prompted the users/utility companies to replace the older versions with the new ones. Certain interrupters also need to be retired as they wear out over the years, which drive up the sales for new ones.

The major advantage of interrupters is that itreduces the power wastage and curb the cost arising out of the energy loss during transmission. However, the cost of the equipment is a major drawback for the vacuum interrupter’s market. The major decision makers for the purchase of interrupters are vendors, electric contractors, and distributors. The high cost and lack of awareness may affect the decision on purchasing of vacuum interrupter. The contractors or owners may prefer to install low cost interrupters to reduce their upfront cost thereby ignoring the efficiency advantage. In addition to this, vacuum interrupters are rarely among the stock items. In most cases, the manufacturers prefer making custom made interrupter depending upon the project and geographical area.

Some of the major companies involved in the manufacturing of vacuum interrupters are General Electric, Kirloskar Electric Company Ltd., Chengdu Xuguang Electronics Co., Ltd., Crompton Greaves Ltd., Meidensha Corporation, Mitsubishi Electric Corporation, Siemens AG, Toshiba Corporation, Wuhan Feite Electric Co., Ltd., ABB, AREVA, and Eaton Corp.

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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of 

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Aviation Actuator System Market Size, Share, Growth, Trends, and Forecast 2018 – 2026

An actuator refers to an element of a machine that is in charge of controlling and moving a system or a mechanism. A case in point is opening up a valve. In layman’s language, it is a ‘mover’ of things. An actuator needs an energy source and a control signal. In the aviation industry, actuators control a wide array of applications. For instance, actuators limit and regulate the engine speed and velocity through adjustment of flaps and levers.

Honeywell International, Inc., Woodward, Inc., The Curtiss-Wright Corporation, Moog, Inc., Rockwell Collins, and Beaver Aerospace & Defense, Inc. are some prominent companies in the global aviation actuator system market.

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In this comprehensive study on the global aviation actuator system market by Transparency Market Research (TMR), analysts estimate that the market is likely to grow at 6.4% CAGR, between 2018 to 2026.

Presence of Several Leading Players to Propel Growth of the Market in North America

The global aviation actuator system market has been divided into the key regions of the Middle East and Africa, Asia Pacific, Europe, Latin America, and North America.

North America is the regional segment that is exerting huge influence over the global aviation actuator system market. Presence of several leading manufacturers of aircraft in the region, such as The Boeing Company in the U.S, Bombardier Inc. in Canada and many more are supporting the growth of the market in the region. Furthermore, a rise in the orders for aircraft by the regional airlines from regions like the Middle East, Asia Pacific is likely to add fillip to the market over the assessment tenure. In addition, increased use of aircraft in the defense sector is also anticipated to fuel the expansion of the market.

Multiple Use in the Aviation Industry Favors Growth of the Market in Forthcoming Years

The is still in a nascent stage of development with more lucrative opportunities likely to come on its way. There exists immense scope for the market players to produce more high-end actuation systems to diminish the cost of the aircraft. Increased utilization of electrical systems in the aircraft lessen aircraft’s weight and makes it more fuel-efficient. With fuel efficiency comes the increased cost of the aircraft, which is estimated to stimulate the growth of the global actuator system market. Increased research and development activities are conducted to update existing actuator systems. For instance, hydraulic actuators replace pneumatic actuators due to the several benefits that it offers.

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Technological advancement in the designing of aircraft models characterizes the progress of the aviation industry, which results in the improvement of the actuator system. In the aviation industry, they find extensive use in electromagnetic brakes for commercial aircraft, clutches, seat actuation, load limiters, position feedback, manual drives, and landing gears. With such vast use in the aviation industry, the global actuator system market is poised for considerable growth over the tenure of assessment, from 2018 to 2026.

The information shared in this review is based on a TMR report, bearing the title, “Aviation actuator system market (Type – Electric, Hydraulic, Mechanical, and Hydrostatic; Application – Flight Control System, Landing Gear, and Auxiliary Control; End use – Commercial and Defense) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018 to 2026”

The global aviation actuator system market is segmented based on:

Type

  • Electric
  • Hydraulic
  • Mechanical
  • Hydrostatic

Application

  • Flight Control System
  • Landing Gear
  • Auxiliary Control

End Use

  • Commercial
  • Defense

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Vehicle Occupancy Detection System Market Sales Size Share Forecast 2027

Global Vehicle Occupancy Detection System Market: Introduction

Transparency Market Research delivers key insights on the global vehicle occupancy detection system market. In terms of revenue, the global vehicle occupancy detection system market is estimated to expand at a CAGR of ~12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global vehicle occupancy detection system market.

Vehicle occupancy detection systems are used on HOV/HOT lanes to help roadway agencies keep the roadways safer and improve throughput. They also allow authorities to detect violators. These systems are mounted on the top of HOV lanes with the help of racks at specific distances throughout the HOV lanes or at HOV toll booths. Another form of these systems is mobile vehicle occupancy detection systems, wherein, system components are mounted on a rack arrangement, and the complete arrangement is mounted on a mobile trolley that can be transported from one point to another as per local traffic conditions.

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Various countries are considering the implementation of HOV lanes as a more sustainable option, especially to tackle the increasing issue of traffic congestion and encourage ride-sharing and use of public transport. Furthermore, in the long run, this is expected to reduce the overall emission of harmful gases. The global vehicle occupancy detection system market is shifting toward the incorporation of AI into vehicle occupancy detection systems in order to attain advanced features and increase overall system accuracy.

A vehicle occupancy detection system relies on the video-based detection method. The video-based detection method faces several difficulties in distinguishing between subjects and objects, seated or placed over the seat, due to various factors. This factor is anticipated to hinder the demand for vehicle occupancy detection systems during the forecast period.

Global Vehicle Occupancy Detection System Market: Prominent Regions

North America accounted for a key share of the global vehicle occupancy detection system market in 2018. The region is expected to dominate the global market between 2019 and 2027, owing to the increasing demand for these systems in the region. The U.S. constituted a significant share of the vehicle occupancy detection system market in North America in 2018. The U.S. makes high investments in R&D activities aimed at the innovation of new technologies.

Asia Pacific is anticipated to be a highly lucrative market for vehicle occupancy detection systems throughout the forecast period, owing to the increasing adoption of these systems in developing economies in the region, such as China. The lucrativeness of the vehicle occupancy detection system market in Asia Pacific is anticipated to increase in the next few years, owing to extensive research & development activities by key market players, and various initiatives by governments for the construction of new HOV/HOT lanes in the region.

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Europe is likely to emerge as the third-largest market for vehicle occupancy detection systems across the world during the forecast period. The region is anticipated to hold a considerable share of the global vehicle occupancy detection system market during the forecast period. Rising investments in the construction of HOV/HOT lanes are expected to augment the adoption of vehicle occupancy detection systems in Europe in the next few years.

Global Vehicle Occupancy Detection System Market: Key Players

Key players operating in the global vehicle occupancy detection system market are displaying synergies through close cooperation and collaboration in the areas of sales, marketing, and production. Manufacturers are also expanding through organic methods, such as increasing the production capacity, in order to meet the rising demand for vehicle occupancy detection systems across the globe.

Key players operating in the global vehicle occupancy detection system market are Siemens AG, Indra Sistemas, S.A., NEC Corporation of America, TransCore, LP, Fortran Traffic Systems Limited, Vehicle Occupancy Detection Corporation, Invision AI, Inc., and Conduent Inc.

Fiber Optic Connectors Market to expand at a CAGR of 7.7% by 2024

The demand within the global market for fiber optic connectors has been rising on account of key advancements in the multiple end-use industries, finds Transparency Market Research (TMR). The presence of a large number of vendors in the global market for fiber optic connectors makes the market highly fragmented. It is expected that the leading market players in the global market for fiber optic connectors would make voluminous investments to distinguish themselves from the smaller and amateur players. The leading vendors in the global market for fiber optic connectors have continually elevated their quality standards in order to attract consumers into buying their products.

The small- and medium-sized market players in the global market for fiber optic connectors’ have a large playfield to experiment new business strategies, It is expected that the small vendors in the global fiber optic connectors market would stick to the basics of marketing in order to enhance their growth prospects. The medium-sized players in the global fiber optic connectors market could benefit from tying up with the larger players ad getting access to a wider consumer base. Some of the key vendors in the global market for fiber optic connectors are Furukawa Electric Co. Ltd., ZTE Corporation, Hitachi Ltd., Corning Cable Systems LLC, Broadcom Limited, and Sterlite Optical Technologies Limited.

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A report by Transparency Market Research (TMR) finds that the global market for fiber optic connectors would expand at a healthy CAGR of 8.1% over the period between 2019 and 2027. The global fiber optic connectors market had a total worth of US$3.5 bn in 2018, and this figure is expected to touch a value of US$7.2 bn by 2027. On the basis of application, the demand for fiber optic connectors in the telecom industry has been rising at a stellar rate. On the other hand, the market for fiber optic connectors in Asia Pacific is projected to expand at a robust rate in the years to come.

Growth of the Telecom Industry to Propel Demand

The need to ensure seamless communication through transfer of signals in the telecom industry has been growing in recent times. Fiber optic connectors are an indispensable part of the telecom net, and hence, the growth of the telecom industry is projected to drive demand within the global market for fiber optic connectors. Although various types of fiber optic connectors are available in the marketplace, there is no substitute for the base product. This factor has emerged as another key prospects for growth within the global market for fiber optic connectors.

High Price of Fiber Optic Connectors could hamper Growth

The demand within the global market for fiber optic connectors could be restrained by the high costs of these connectors. The per unit cost of fiber optic connectors used in the telecom industry often outdoes the benefits served by these connectors, which has become a major concern of the market vendors. However, the use of fiber optic connectors across data centers and datacom units is projected to keep enhancing the growth prospects of this market. Besides this, advancements in the domain of DWDM systems is also expected to propel market demand in the years to come.

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The review is based on TMR’s report titled “Fiber Optic Connectors Market (Types – LC (Lucent Connectors), SC (Standard Connectors), ST (Straight Tip) Connectors, MPO/MTP (Multiple-Fiber Push-On/Pull-Off), and MXC; Applications – Telecom Industry, Datacom, DWDM Systems, and Lasers) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.

Active Electronic Components Market to reach US$ 521.91 Bn by 2027

Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global market for motion controllers benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens.

The report states that the market will exhibit a promising 7.82% CAGR from 2019 to 2027, registering a promising revenue opportunity of US$3,670.30 Mn by 2027 from US$1,878.68 Mn in 2018.

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Thriving Industrial Sector in Asia Pacific to Remain a Strong Force for Global Market

Geographically, the market in Asia Pacific, which is domicile to some of the leading companies operating in the field of motion controllers, has been a prime player in terms of innovations and technological advancements in the area. Moreover, the increased adoption of smart manufacturing techniques to achieve plant-wide optimization, sustainable production, and data inter-operability across a number of steadily expanding end-use industries has also solidified the region’s position in the global market. Accounting for over 30% of the global market in 2018, the region is likely to hold on to its top spot by registering an impressive 9.3% CAGR from 2018 to 2017.

In terms of technology, the segment of general motion controller contributed the dominant share in global revenue in 2018 and is anticipated to expand at a promising CAGR of 7.5% over the report’s forecast period. The segment of CNC motion controllers is anticipated to register a decent CAGR over the forecast period owing to the rising adoption of CNC machines in manufacturing and metal industries in developing economies such as Vietnam, Brazil, South Africa, and Australia.

Attempts Made to Establish Smart Manufacturing Facilities Compel Increased Adoption

The global motion controller market is chiefly driven by the increasing adoption of plant and process automation across industries that are inclined towards establishing smart factories and smart manufacturing processes in their ecosystems as a way of achieving high productivity, efficiency, and process optimization. This is especially true for developing geographies such as Asia Pacific and South America. With increasing investment of government and private bodies in manufacturing and process industries, emerging economies of China, India, Indonesia, and Vietnam in these regions are fueling the adoption of a variety of global motion controllers.

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The global motion controller market is also driven by a vast set of factors including the need for higher throughput from industries with improved accuracy and greater equipment efficiency and rising concerns regarding the safety of human resources in industries with difficult operation environments. However, factors such as the low availability of skilled labors could hinder the growth prospects of the global motion controller market during the forecast period.

This review of the global motion controller market is based on a recent market research report by Transparency Market Research, titled “Motion Controller Market (Type of Axis – Multi Axis, and Single Axis; Technology – General Motion Controller and CNC Motion Controller; Product – PLC Based Motion Controller, Stand-alone Motion Controller, and PC Based Motion Controller; Industry Vertical – Aerospace and Defense, Automotive, Semiconductor and Electronics, Metal and Mining, Food and Beverages, Healthcare, Pharmaceuticals, Plastic and Rubber, and Textile) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

Harmonic Filter Market to rise at a CAGR of ~6% till 2027

Featuring a largely fragmented and highly competitive vendor landscape, companies operating in the global market for motion controllers benefit from the vast set of application areas across a large number of process and manufacturing industries, observes Transparency Market Research in a recent report. The global market comprises several small-scale vendors across promising regional markets and is likely to remain highly competitive for large companies in the near future as well, unless attempts are made to consolidate the market with the help of strategic collaborations, mergers, and acquisitions. Some of the leading companies in the market are Rockwell Automation, Schneider Electric, Parker Hannifin, and Siemens.

The report states that the market will exhibit a promising 7.82% CAGR from 2019 to 2027, registering a promising revenue opportunity of US$3,670.30 Mn by 2027 from US$1,878.68 Mn in 2018.

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Thriving Industrial Sector in Asia Pacific to Remain a Strong Force for Global Market

Geographically, the market in Asia Pacific, which is domicile to some of the leading companies operating in the field of motion controllers, has been a prime player in terms of innovations and technological advancements in the area. Moreover, the increased adoption of smart manufacturing techniques to achieve plant-wide optimization, sustainable production, and data inter-operability across a number of steadily expanding end-use industries has also solidified the region’s position in the global market. Accounting for over 30% of the global market in 2018, the region is likely to hold on to its top spot by registering an impressive 9.3% CAGR from 2018 to 2017.

In terms of technology, the segment of general motion controller contributed the dominant share in global revenue in 2018 and is anticipated to expand at a promising CAGR of 7.5% over the report’s forecast period. The segment of CNC motion controllers is anticipated to register a decent CAGR over the forecast period owing to the rising adoption of CNC machines in manufacturing and metal industries in developing economies such as Vietnam, Brazil, South Africa, and Australia.

Attempts Made to Establish Smart Manufacturing Facilities Compel Increased Adoption

The global motion controller market is chiefly driven by the increasing adoption of plant and process automation across industries that are inclined towards establishing smart factories and smart manufacturing processes in their ecosystems as a way of achieving high productivity, efficiency, and process optimization. This is especially true for developing geographies such as Asia Pacific and South America. With increasing investment of government and private bodies in manufacturing and process industries, emerging economies of China, India, Indonesia, and Vietnam in these regions are fueling the adoption of a variety of global motion controllers.

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The global motion controller market is also driven by a vast set of factors including the need for higher throughput from industries with improved accuracy and greater equipment efficiency and rising concerns regarding the safety of human resources in industries with difficult operation environments. However, factors such as the low availability of skilled labors could hinder the growth prospects of the global motion controller market during the forecast period.

This review of the global motion controller market is based on a recent market research report by Transparency Market Research, titled “Motion Controller Market (Type of Axis – Multi Axis, and Single Axis; Technology – General Motion Controller and CNC Motion Controller; Product – PLC Based Motion Controller, Stand-alone Motion Controller, and PC Based Motion Controller; Industry Vertical – Aerospace and Defense, Automotive, Semiconductor and Electronics, Metal and Mining, Food and Beverages, Healthcare, Pharmaceuticals, Plastic and Rubber, and Textile) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027.”

Harmonic Filter Market to rise at a CAGR of ~6% till 2027

Harmonic Filter Market: Introduction

Transparency Market Research delivers key insights on the global harmonic filter market. In terms of revenue, the global harmonic filter market is estimated to expand at a CAGR of ~6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global harmonic filter market.

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

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Harmonic Filter Market: Dynamics

The global power industry is changing significantly, with the increasing demand for reliable and efficient power supply, implementation of sustainability policies, and government regulations and penalties imposed by utilities. Rise in automation across different commercial and industrial applications has raised the demand for variable-frequency drives. Variable-frequency drives are energy efficient, as the motor can be operated at variable speeds throughout their use, unlike other drives. However, fluctuating voltage levels in variable-frequency drives results in the generation of harmonics. Thus, the demand for harmonic filters is anticipated to increase in order to suppress the effect of harmonics generated by usage of variable-frequency drives. Moreover, in addition, governments of various countries are taking initiatives on setting a permissible limit on harmonic distortion. This factor along with the increasing demand for zero-tolerance interrupted power supply from industries such as IT, medical, and railways is expected to drive the global harmonic filter market during the forecast period.

Harmonic Filter Market: Prominent Regions

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

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Harmonic Filter Market: Key Players

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