Connectivity Technologies to Play Pivotal Role in Cloud Robotics Market Growth

The rise of cloud connected robots and their extending applications are required to drive the worldwide cloud mechanical technology advertise. Cloud connectivity provides expanded information stockpiling, aggregate learning arrangements, and expanded mental aptitude. Increment in the take-up of cloud mechanical autonomy is in this manner on cards ensuing to headways in the cloud innovation. Furthermore, the surging interest for computerization crosswise over healthcare, agriculture, logistics and defense, automotive, and manufacturing sectors is anticipated to push the use of cloud robotics. 

Transparency Market Research (TMR) has prophesized the market to extend at a noteworthy 32.4% CAGR in the vicinity of 2016 and 2024. The market for cloud robotics was esteemed at US$1.38 bn in 2015. Considering its pace of pick up, the market is estimate to achieve US$21.94 bn before the finish of 2024. 

Among the different organizations, Fanuc Corporation, Calvary Robotics, Kuka Robotics, ABB Group, and Wolf Robotics have refinement of being the main organizations. Be that as it may, this progression can change sooner rather than later with the appearance of cutting edge innovations. Consequently, endeavors are in progress by the main undertakings to find out reasonable development. As a feature of procedure, the organizations are taking part in different mergers and acquisitions, concentrating on innovative work and advancing client encounter through interest in cloud robotics.

How is automation anticipated to aid in the growth of the global market for cloud robotics?

The rising interest for mechanization crosswise over businesses is the main driver of the worldwide cloud robotics market. The requirement for enhancing productivity in assorted modern procedures is fuelling the interest for computerization, which thus will make open doors for conveying cloud mechanical technology. As these robots use mechanical, electrical, and programming frameworks for higher exactness, speed, and accuracy, their establishment is relied upon to increment soon. 

With fast headways in manufactured innovation, the worldwide cloud apply autonomy advertise is gauge to witness more prominent open doors sooner rather than later. Other than this, the multiplication of distributed computing and huge information examination stage will help the development of the worldwide cloud robotics market.

How will data theft act as a limitation to the market growth?

Regardless of the current open doors, the helplessness to security dangers and information burglary could restriction the market's development to a degree. Cloud robotics comprises basic data from customers including their own information. The danger of hacking along these lines puts individual protection and security of people at risk. By and by, the market anticipates immense potential in the birthing of cutting edge advances, for instance, 5G. While conveying cloud robotics, solid and consistent network is the way to guarantee that robots play out their errand productively, independent of nature they are in. With the coming of 5G innovation, the market will have more secure stage for sending and more extensive reach. 

Which regions are likely to be the focus of the market players in the coming years?

While North America rose as the overwhelming business sector in 2015, Asia Pacific will demonstrate the most noteworthy CAGR amid the conjecture time frame. TMR gauges, the Asia Pacific cloud robotics market to ascend at a CAGR of 33.9% in the vicinity of 2016 and 2024. Amid this time, Japan and China will show the most lucrative prospects in the market. 

The market for cloud robotics is still at an incipient stage, which clarifies the centralization of driving additionally in light of the fact that they are the early innovation adopters. Developing countries will soon get up to speed with record of the expanding interest for cutting edge innovations saw in the region. 

Innovation to Play an Important Role in Development of Anti-reflective Glass Coatings Market

Keeping in mind the end goal to take a walk over their rivals, sagacious makers in the worldwide anti-reflective glass coatings market are seen betting on item advancement. To that end they are putting resources into innovative work and furthermore extending their plants. They are additionally banding together with providers to help their positions. 

A portion of the principle drivers of development in the worldwide anti-reflective glass coatings market are projector focal points, shopper gadgets, development, media communications, and eyewear industry. The abnormal state of solidness of hostile to intelligent glass is serving to support their take-up in vehicle and sun based power enterprises also. Hosing their request, then again, is the stringent standards relating to the crude materials utilized as a part of detailing anti-reflective coatings. 

A report by Transparency Market Research predicts the volume in the worldwide anti-reflective glass coatings market to grow at a CAGR of 9.5% amid the period in the vicinity of 2017 and 2025. Ascending at this stride, the market is required to wind up plainly 1,790.5 square meter by 2025.

Some of the core players operating in the global market for anti-reflective coatings are DSM, Truvue, PPG, Honeywell, Saint Gobain, Schott AG, Falkberg, Guardian Glass, and Anthony International. Leading organizations in the worldwide anti-reflective glass coatings market are utilizing multi-pronged techniques to outgun each other. Item separation is one of them. Producers have been emptying cash into improvement of powerful and reasonable coatings utilizing propelled innovation. They are additionally banding together with providers to connect with more clients. 

Another observable pattern in the worldwide anti-reflective coatings market is extension of assembling offices by smart players. Many are concentrating especially on against intelligent coatings for solar boards which are seeing expanding take-up.

Which product is anticipated to drive the market growth over the coming years?

Anti-reflective glasses give high level of lucidity and straightforwardness. Projector lenses are significantly fuelling their request in the market as a standard anti-reflective glass, with least reflection on the two sides, transmits right around 98% light and results in only 1% lingering reflection. 

Aside from that, the blossoming consumer electronics, development, broadcast communications, and eyewear market is additionally stirring development in the worldwide anti-reflective glass coatings market. In the development division, for instance, the expanding consumption on tasteful enhancements over various key territorial markets is prompting the expanded take-up of glass with against intelligent properties. Anti-reflective glass coatings are likewise observing quick take-up in the car business and furthermore sun based boards due to their toughness. The taking off offers of eyewear too is boosting take-up of anti-reflective glass coatings market.

Strict Rules Concerning Raw Material Application to Hamper Market 

Representing a barricade to the worldwide anti-reflective glass coatings market, then again, is the stringent standards relating to the crude materials utilized as a part of figuring anti-reflective glass coatings. Moreover, absence of learning about the advantages of hostile to intelligent coatings among purchasers is additionally hampering demand. 

Be that as it may, proceeded with push on item improvement, for instance, scratch safe and brutal condition safe anti-reflective glass coatings, will enable makers to help listing deals. 

Global Ion Exchange Resins Market: Increasing Demand for Treating Waster Water and Industrial Water to Drive Growth of Market

Key players in the global market for ion exchange resins are seen to be investing heavily into the development of new products and the broadening their current capacities so as to strengthen their market position. The companies are also trying to focus on expanding the geographical horizons, especially in the emerging nations of Asia Pacific which are projected to have an abundant room for the growth of the market. 

Some of the key players in the global market for ion exchange resins include names such as Ionic System Ltd., Dow Chemical Company, Lanxess AG, Purolite, Mitsubishi Chemical Corporation, ResinTech Inc., and Eichrom Technologies LLC among others. Last year, ResinTech Inc., announced its plan to relocate its headquarters for corporate affairs and build brand new manufacturing plants in Camden, New Jersey. This move will permit the filtration and water treatment company to create 250 new jobs in the area of Camden and also will add 55 employees to the working staff of the new manufacturing facility. The announcement is backed by of nearly US$138 million in tax credits by the Economic Development Authority (EDA) of New Jersey during the monthly meeting of the board in October. Jeffry Gottlieb, CEO of ResinTech Inc., hopes to inaugurate the new manufacturing facility by late 2017. 

The global ion exchange resins market stood at an overall market valuation of US$2.40 bn in the year 2016. This valuation is expected to grow and reach a figure worth US$3.66 bn over the course of the given forecast period of 2017 to 2025. The growth of market is estimated to be achieved with the help of a steady CAGR of 4.9% over the same forecast period. 

What Factors Influence Upward Growth of Global Ion Exchange Resins Market?

The global market for ion exchange resins is expected to receive a strong boost from the segment of water and wastewater treatment sector. With mere 60% of the overall industrial wastewater being treated, that leaves near about 40% of untreated water unfit for consumption or any practical use. Sewage water, specifically in the urban areas, is increasing day by day. Treatment of these wastewaters need ion exchange resins. And thus, with growing urbanization, the demand for ion exchange resins is also expected to grow to treat such modern day problems. In addition to this, industrialization is also helping in pushing the upward growth of the global ion exchange resins market since maintaining a certain level of quality of water is necessary to match up with the requirements of wide range of industrial processes. Industrial processes such as cooling, rinsing, and heating among others need huge amounts of processed water. All these factors are thus expected to drive the growth of the global ion exchange market. 

What Factors Drive Growth of Asia Pacific Market?

In terms of geography, the global market for ion exchange resins can be segmented into key regions such as North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe. The global market has been largely dominated by North America, with the region accounting for more than 32% of market share in 2016. Asia Pacific region is expected to show most promising growth over the coming years of forecast owing lucrative opportunities in the market such as growing demand for waste water, industrial water, and municipal water treatment. Europe is also projected to have a profitable market owing to the expansion of nuclear power and pharmaceutical end use industries in the region during the forecast period.

Electric and Hybrid Vehicles Driving Global Automotive Battery Market

Global warming has caught the attention of the world in the recent past and hence, practices that help in reducing the emission of greenhouse gases are being encouraged like never before. The advent of electric and hybrid vehicles is one such innovation that is being aggressive pursued as automobiles are held as culprit for a large chunk of atmospheric pollution. For electric vehicles to truly achieve their potential, the development and availability of battery is essential. Consequently, the global market for automotive batter is in for a fruitful future.

As per a recent business and commerce study by Transparency Market Research, the demand in the global automotive battery market will increment at a CAGR of 5.7% during the forecast period of 2017 to 2022, with the total revenue in the market estimated to swell up to US$54.5 bn by 2022.

What are the key factors driving the demand for automotive battery?

The global automotive battery market is primarily driven by the growing demand for transportation, of goods and people alike, increasing integration of electronics with vehicles, the growing need to curb pollution and safe the environment, fuel saving and government incentives for cleaner transportation, and advent of hybrid and electric automotive models from original equipment manufacturers. On the other hand, underdeveloped support infrastructure for EVS, growing concerns regarding battery usage, high initial cost, limited range, and fluctuating price of raw materials are some of the challenges obstructing the prosperity of the global automotive battery market. Nevertheless, growing demand for hybrid and electric vehicles and aggressive research and development pertaining to batteries are expected to open new opportunities for the vendors operating in this market.

Which market segments are showing greater promise?

On the basis of chemical composition type, the global automotive battery market gains maximum demand for the segment of small sealed lead acid (SSLA), which accounted for 38 percent of the total demand in 2017. The demand for this particular segment is projected to increment at an above-average CAGR of 6.7% during the said forecast period. Lithium-ion (Li-ion), Nickel-Metal Hydride (Ni-MH), and Nickel-Cadmium (Ni-Cd) are other chemical compositions studied under this report. 

Which region has the maximum potential?

Europe has emerged as the most lucrative region for the vendors operating in the global automotive battery market. Several countries in this region have implemented strong environmental regulations and promoted the concept of electric vehicles. By the end of 2022, the Europe automotive battery market is estimated to be worth US$15.1 billion. At the same time, the report picks out Asia Pacific excluding Japan (APEJ) as another key region to focus on. The simple volume of vehicle production in the emerging economies of India and China is humongous and the trend of battery driven automotive is quickly catching up, particularly for public transport.

What is the nature of competitive landscape?

The shares in the global automotive battery market is distributed among a large number of companies, such as Haldex Incorporated, Johnson Controls International plc., ZF TRW Automotive Holdings Corporation, EnerSys, Hitachi Ltd., Furukawa Electric Co. Ltd., GS Yuasa Corporation, Leoch International Tech, Crown Battery Manufacturing Company, and Exide Industries Limited. Most of these vendors are investing on research and development of products that meet environmental concerns and offer greater reliability.

Global PAG Base Oil Market to Witness Healthy Growth on Account of High Demand from Automotive Industry

The growing automotive industry is having a positive impact on the global polyalkylene glycol (PAG) base oil market. The oil is used extensively on account of its ability to be used across a wide range of temperature. PAG is used in many industries, including the food processing industry. PAG lubricants have various properties that make them suitable for diverse manufacturing and industrial applications. Owing to the water soluble nature, the cleaning up procedure of equipment is easier and this will make PAG base oil highly preferred across industries. In addition to this, PAG base oil are shear stable and provides high viscosity indexes, which makes them suitable for many applications. These fire resistant and energy efficient PAG base oils are finding many applications in industries and this boosting the growth of the market across the globe.

According to a report published by Transparency Market Research (TMR), the global PAG base oil market is likely to rise from US$1,343.8 mn in 2017 to US$1,623.0 mn by the end of 2022. The market is expected to expand at a CAGR of 3.8% between 2017 and 2022.

Q. What are the factors boosting the growth of the global polyalkylene glycol (PAG) base oil market?

PAG base oils offer many benefits which is fueling their demand. Some of these benefits are: wear and tear protection, low friction, excellent thermal stability, and good load carrying capacity. A great contribution is also being made by the constant efforts taken by market players for research and development with an aim to achieve innovation and cutting edge technology. Due to such initiatives, fire-resistant ester-based oils have been developed and used with hydraulic battery packs in order to sustain high pressure and temperature. This fire-resistant oil is also used across diverse industries. In addition to this, the low volatility under high temperature and resistance to the formation of residue and deposits is making PAG base oils suitable for many applications.

Q. What are the factors that may threaten the growth of this market?

The global PAG base oil market is facing a few challenges that are slated to restrict the growth of this market. The high cost of synthetic fibers in contrast with the mineral counterparts could hamper the growth of this market. The consumption of mineral oils in developing nations of Asia Pacific is increasing. This is especially true among the mushrooming small scale manufacturers. This will crush the growth of the global PAG base oil market. 

Q.  Which application area of PAG base oil is expected to lead in the coming years?

The applications of PAG base oil include: worm gear lubricants, anhydrous fire resistant hydraulic fluid, compressor lubricants, and metal working fluid. Of these, the compressor lubricants application segment is leading. The use of compression lubricant in high pressure natural gas and ethylene compression on account of their ability to maintain a stable viscosity is likely to boost the growth of this segment. The PAG base oil is also expected to witness high adoption in refrigeration compression application. This is on account of the high production of eco-friendly HFC refrigerants. 

Innovation in Automotive Industry to Propel the Growth of Polyurethane Foam Market

The global polyurethane foam market is prognosticated to experience a significant growth in coming years. The worldwide polyurethane foam market report gives a thorough take a gander at the market by profiling the authentic development direction of the market from 2012 to 2017 and additionally giving dependable knowledge into the probable development direction of the market over the forecast timeframe from 2017 to 2022. The key drivers influencing the development direction of the worldwide polyurethane foam market are evaluated in the report so as to comprehend the degree of their effect on the worldwide market's development in the coming years.

As per the research report by Transparency Market Research, the worldwide polyurethane foam market is probably going to show a solid 7.6% CAGR in the vicinity of 2017 and 2022, with the market liable to ascend to a valuation of US$51.4 bn before the finish of 2017 and further ascent to US$74 bn before the finish of 2022.

What are the factors fueling the market demand for polyurethane foam?

Development of the automotive and construction ventures is probably going to remain a crucial driver for the worldwide polyurethane foam market from 2017to 2022 gauge period. Polyurethane foam also works as insulating agent, making it an important application. This is especially imperative in present day houses, which use protection on a phenomenal scale to improve the comfort levels and to make the building all the more environmentally feasible. Rising mindfulness about the natural advantages of utilizing protection to limit the vitality use of a building is in this way liable to be a key driver for the worldwide polyurethane foam market during 2017 to 2022 conjecture period. The polyurethane foam industry has likewise got tuned in to the developing help for ecological protection as of late, with the improvement of bio-based polyurethane serving to make the business more practical in current financial and administrative elements, which concentrate on natural feasibility as a key viewpoint. Bio-based polyurethane is accordingly liable to be a noteworthy piece of the worldwide polyurethane foam market in the coming years.

The automotive business has additionally turned into a noteworthy purchaser of insulation materials in the course of the recent couple of years because of the developing advancement of present day automotive design plan is probably going to remain a noteworthy end client for the worldwide polyurethane foam market in the coming years. 

Which product type segment is leading the worldwide polyurethane foam market?

The worldwide polyurethane foam market is sectioned product type into rigid and flexible polyurethane foam. The flexible polyurethane foam is the predominant supporter of the worldwide polyurethane foam market. The adaptable polyurethane foam section represented 50.2% of the worldwide market in 2017, with a worth US$25.5 bn, and is probably going to ascend to a valuation worth US$36 bn by the end of 2022. The adaptable polyurethane foam portion is relied upon to represent 50.6% of the worldwide market by 2022, showing a significant CAGR of 7.2% over the 2017-2022 figure period.

How are geographical segments performing in the global polyurethane foam market?

Based on geographical regions, the report analyses about the execution of the polyurethane foam market in Asia Pacific, the Middle East and Africa, Japan, North America, and Latin America. Asia Pacific is likely to own an overwhelming regional market for polyurethane foam, representing nearly around 40% of the worldwide polyurethane foam market's share in year 2017. The Asia Pacific region for polyurethane foam is probably going to pick up 59 BPS in its share in the worldwide polyurethane foam market over the 2017-2022 figure period. The Europe region for polyurethane foam is relied upon to show a solid 7.2% CAGR over the the conjecture period to develop at a valuation of worth US$17.8 bn. The polyurethane foam market is additionally prone to display the similar CAGR in North America in the predicted time, with the North America region of polyurethane foam market anticipated to ascend from a 2017 valuation of worth US$9.5 bn to worth around US$13.4 bn before the finish of 2022.

The Dow Chemical Company, Compagnie DE Saint-Gobain SA, Recticel SA, Chemtura Corporation, Covestro AG, BASF SE, Nitto Denko Corporation, Trelleborg AB, Tosoh Corporation, and UFP Technologies Inc. are some of the leading players in the market. 

Rising Application in Automotive and Aerospace Industries Stokes Growth of Global Metal Powders for Additive Manufacturing Market

With the demand from aerospace and automotive industries scaling higher, the global metal powders for additive manufacturing market is forecast to witness strong growth. Also, manufacturers of metal powders are keen on partnering with original equipment manufacturers across these industries.  This is intended at consistency, quality, and the powders’ overall performance. In addition, advances in the additive manufacturing technology, coupled with the rising demand for advanced materials are likely to give impetus to the global metal powders for additive manufacturing market. 

On the downside the high cost of metal powders is a persistent threat to the market. Nevertheless, the increasing demand for additive manufacturing technology owing to its unrivalled design will augur well for the market in the forthcoming years. According to Transparency Market Research, the global metal powders for additive manufacturing market is projected to stand at US$1,783.9 mn by the end of 2025. In 2016, the market stood at US$310.6 mn. If these figures hold true, the global metal powders for additive manufacturing market will expand at an impressive 22.4% CAGR between 2017 and 2025. 

Q: What factors are enabling the metal powders for additive manufacturing market exhibit strong growth? 

A: Robust properties of metal powders for additive manufacturing are positively impacting their market. For instance, titanium is increasingly preferred for metal powder as it offers display error resistance, corrosion resistance, high tensile strength, and lower adhesion to alien materials to products. These properties hold great importance in medical, nuclear, and aerospace industries, which is why the market finds key end users in these industries. Besides traction gained from end users, recent technological advances will stoke growth of the metal powders for additive manufacturing market. Because metal powders can be put to myriad uses, companies using additive manufacturing technology usually prefer using them. For instance, the automotive industry uses metal powders when manufacturing automotive parts such as steering, seats and doors, transmission parts, brakes, and engine components. 

Q: How is the market affected by the prevailing competition? 

A: Due to the presence of several companies, the global metal powders for additive manufacturing market exhibits a fragmented vendor landscape. Besides some of the leading companies, the metal powders for additive manufacturing market also has a sizeable representation of local enterprises. However, studies have found the market witness moderate competition as a majority of the prominent names in the market enjoy stronghold and specializes in their individual field of operation. Nevertheless, to gain edge over rivals, several players have expressed keenness on entering into strategic collaborations with OEMs of various industries such as automotive, healthcare, aerospace, and others. The strategies these companies adopt are intended at achieving their expansion goals. These strategies often leave a strong influence on the overall market as well. 

Some of the prominent companies operating in the global metal powders for additive market are Rio Tinto, Sandvik AB, GKN Plc., ATI Powder Metals, BĂ–HLER Edelstahl GmbH & Co KG, Hitachi Chemical Co. Ltd., Carpenter Technology Corporation, Renishaw plc., Metaldyne Performance Group Inc., Arconic Inc., Praxair Technology Inc., Hoganas AB, Miba AG, and Aubert & Duval among others.

Latest Post

Market Research Reports