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Construction Equipment Rental Market: Clear Understanding of The Competitive Landscape and Key Product Segments 2019 – 2027

Global Construction Equipment Rental Market: Overview

A surge in the mining and construction activities, particularly in the developing parts of the world is likely to fuel growth of the global construction equipment rental market in the years to come. With the advent of various new technologies, such as mapping features, equipment service tracking, and automated service improvements, the global construction equipment rental market is likely to witness considerable growth in the years to come. Technological upgradation or enhancements provided by the manufacturers of original equipment are further expected to drive the renting services for construction equipment in the market.

Technological progress made in the heavy machinery and automotive sectors has ushered in several new features in the market, which is likely to play a catalytic role in driving the demand for rented construction equipment in the years to come. Manufacturers are emphasizing on the integration of high-end safety features, such as additional work lights, 360-degree camera visual, and lift assist. They are also focused toward offering systems that need less maintenance and better operational efficiency. However, features such as these do not come cheap and are not affordable to many of the small contractors and builders. Some builders who cannot afford such high-end machines opt for rental services for construction equipment, which is likely to trigger expansion of the global construction equipment rental market in the years to come.

Product, and region are the two important parameters based on which the global construction equipment rental market has been categorized. Such dissection of the market comes with the purpose to offer stakeholders with a detailed and clear analysis of the global construction equipment rental market.

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Global Construction Equipment Rental Market: Notable Developments

One of the developments that offer a glimpse of the market dynamics about the global construction equipment rental market is mentioned below:

  • In March 2019, Canada-based Cooper Equipment Rentals Ltd. made an acquisition of an independent equipment rental company, Prime Rentals Ltd. The acquisition is likely to expand the reach of Cooper Equipment Rentals Ltd.
  • In January 2019, French equipment renting service provider, Loxam’s wholly owned subsidiary in the UK, Nationwide Platforms Limited, acquired UK Platforms Limited. The latter specializes in the supply of powered access units and has around 3000 such units the country. This acquisition is likely to strengthen the position of Nationwide Platforms Limited, in provisioning powered access units.

Some of the prominent organizations in the global construction equipment rental market include the below-mentioned:

  • Kanamoto Co. Ltd.
  • H&E Equipment Services, Inc
  • Taiyokenki Rental Co., Ltd.
  • United Rentals Inc.
  • Maxim Crane Works, L.P.
  • Nishio Rent All Co. Ltd.

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Machine Tools Market: Projection of Each Major Segment over the Forecast Period  2019 – 2028

Global Machine Tools Market: Snapshot

The global machine tools market is pegged to witness prominent growth avenues during the forecast period of 2019 to 2028. This growth is attributed to the increased demand for machine tools from various end-user industries. COVID-19 epidemic has impacted negatively on almost all sectors in the world. The market for global machine tools has witnessed severe disruption in the production as well as imports activities from China. Nevertheless, the machine tools market is expected to recover from this setback and show prominent growth during the upcoming period.

The segmentation of the global machine tools market is performed on the basis of end-use, product type, and region. Machine tools find application in various industries such as automotive and transportation, electrical and electronics, general manufacturing, machinery, and others.

An upcoming research report from TMR on the machine tools market intends to provide comprehensive assessment of vital elements driving or hindering the market growth. It covers reliable data on volume, shares, revenues, key players, demand dynamics, probable growth avenues, and all important data on the market for machine tools for the forecast period of 2019–2028.

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Global Machine Tools Market: Growth Dynamics

The machine tools market is expected to grow at rapid pace owing to rising demand from wide range of industries. Automotive is one of the major end-use industries of machine tools. Thus, the thriving automotive sector will stimulate the growth of the global machine tools market. Many companies in the global machine tools market are strategizing their business moves to deal with the setback caused due to the COVID-19 epidemic. They are focused on incorporating technological developments in their products. This move is helping them to enhance the efficiency of their products. As a result, the global machine tools market is witnessing prominent demand avenues.

The list of key players in the global machine tools market includes:

  • DMG MORI CO., LTD
  • Amada Holdings Co., Ltd
  • AIDA ENGINEERING, LTD.
  • Schuler Group
  • JTEKT Corporation
  • Okuma Corporation
  • Makino Milling Machine Co., Ltd
  • Hyundai Wia Corporation
  • Komatsu Limited

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Flexible Heaters Market: Development Insight and Manufacturers Challenge Competitors 2019 – 2027

Global Flexible Heaters Market: Overview

The global flexible heaters market is set to chart an impressive growth curve from 2019 to 2027, owing to multiple trends and drivers that are impacting the landscape positively, states Transparency Market Research. Some of these include technological advancement, high adoption of these products in various applications, and so on.  Launch of innovative products is also contributing to growth in the market over this period. New opportunities are expected to present themselves.

Global Flexible Heaters Market: Competitive Landscape

Vendor landscape of global flexible heaters market is a dynamic affair with a number of players actively participating, driving the market to a higher growth curve with their active and aggressive measures deployed to capture higher market share for themselves. The market is a fragmented landscape and as can be inferred, a competitive one. The combination is giving rise to certain notable developments that are shaping the future of how the market would operate. Growth strategies that are often seen resorted to include mergers and acquisitions, and product development and innovation. Technology hold key to growth.

Top players in the global flexible heaters market are:

  • NIBE Industrier AB (Sweden)
  • Honeywell International Inc. (US)
  • Omega Engineering (US)
  • Watlow Electric Manufacturing (US)
  • Smiths Group plc (UK)
  • Chromalox (US)
  • Rogers Corporation (US)
  • Minco Products, Inc. (US)
  • Zoppas Industries S.P.A. (Italy)
  • All Flex Flexible Circuits (US)

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Global Flexible Heaters Market:  Key trends and driver

The market for flexible heaters is witnessing growth in demand over the forecast period stated above owing to a string of notable trends and drivers. Transparency Market Research has identified these and is set to reveal them in the upcoming research report. A synopsis of these growth factors is delineated below:

  • Demand for semiconductors and electronics is growing and this is set to increase demand for flexible heaters market. Over the forecast period, it is anticipated that demand for probing stations, plasma etch systems, IC test handling equipment, copy machines, ATM machines, handheld scanners, and semiconductor test modules will go up notably. Additionally, it is worth noting here that demand for electronics such as wax-maker, coffee-maker, and refrigeration equipment will also drive the demand in global flexible heaters market on an upward growth trajectory.

Global Flexible Heaters Market:  Regional Analysis

A massive share of the global flexible heaters market would be taken up by the Asia Pacific region (APAC) which is set to record a high rate of growth. Multiple factors will help the region dominate the regional charts of the global flexible heaters market.

Some of the notable ones are its extensive and growing use in analytical instruments, commercial food equipment, medical devices, and semiconductors. These are industries that are growing at a good pace in this region. Besides, it is quite significant to note here that as the economies in the region display robust growth, demand for automotive, and food equipment will grow rapidly. Growth in the region will be contributed majorly by India, China, Taiwan, and Japan.

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Distributed Control Systems (DCS) Market: Industry Insights, Trends and Forecast upto 2019 – 2027

Global Distributed Control Systems (DCS) Market: Overview

A computerized control system for the supervision of a plant or a process is called distributed control system or DCS. Usually a distributed control system comes with many loops and in this system, autonomous controllers are distributed all over the system. However, a central operator supervisory control does not exist in the system.

The global distributed control systems (DCS) market is anticipated to witness stellar rise due to exponential growth of the power industry. In addition, increased capacity of power generation across the globe is together with expansion of the existing industrial infrastructure is developing parts of the world is expected to boost the market. In an effort to reduce carbon footprint on the environment, increased efforts are being made to generate power from renewable sources and nuclear energy sources. This is likely to boost expansion of the global distributed control systems (DCS) market in years to come.

Based on three different parameters, the global distributed control systems (DCS) market has been segmented. These parameters are industry, component, application, and region.

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Global Distributed Control Systems (DCS) Market: Notable Developments

One of the recent market developments related to the global Distributed Control Systems (DCS) market is as mentioned below:

  • In Aug 2019, The U.S.-based pioneer in automation control, Honeywell Process Solutions (HPS), announced the entry of the latest version of Experion® LX, which is a various small and mid-sized companies. Innovations such as this is expected are expected to led to the development of the global distributed control systems (DCS) market.

Some of the key market players in the global distributed control systems (DCS) market comprise the below-mentioned:

  • Honeywell International Inc.
  • Larsen and Toubro Limited
  • Schneider Electric SE
  • Mitsubishi Motors Corporation
  • Toshiba Corporation
  • Rockwell Automation, Inc.

Global Distributed Control Systems (DCS) Market: Key Trends

The below-mentioned restraints, opportunities, and drivers that mark the global distributed control systems (DCS) market during the assessment period, from 2019 to 2027.

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MWIR Cameras Market: Opportunity Analysis and Industry Forecast upto 2019 – 2027

MWIR Cameras: Introduction

  • Medium wavelength infrared (MWIR) cameras are used as detection systems for gas leakage. Some of these gases are completely invisible to the naked eye.
  • MWIR collects light within the spectral band of 3.0–5.0 μm. The MWIR band is the spectrum where thermal contrast is high, due to which the variation in radiation with temperature is less as compared to the LWIR band. Hence, MWIR images provide better contrast than LWIR images.
  • Based on type, MWIR cameras are classified into handheld cameras and mountable/drone cameras. These cameras are lightweight and are useful for monitoring of hazardous gases.
  • Additionally, MWIR thermal cameras are capable of achieving the longest range detection for thermal infrared surveillance cameras
  • MWIR cameras provide accurate temperature measurement, sharp imagery, and streamlined analysis features, which are required for military, industrial, and manufacturing R&D applications

Rise in Demand for MWIR Cameras for Use in Military Operations

  • MWIR cameras are largely used in military applications, such as security & surveillance, which is considered a major factor driving the market
  • MWIR cameras are employed in surveillance systems to keep a track of the surroundings, owing to their capability to detect illegal activities even in degraded weather conditions
  • Since MWIR cameras are used in various critical military operations, the demand for technologically advanced, high-definition resolution cameras is increasing. As a result of this, several manufacturers of MWIR cameras are focusing on developing high-definition resolution cameras at low prices.
  • For instance, in March 2020, FLIR Systems, Inc. launched a new high-definition mid-range surveillance system for use in military applications, which captures HD imagery with AI (artificial intelligence) image processing for quick decision making, thereby enabling operators to distinguish between true threats and false alarms
  • As a result of these advantages, the demand for MWIR cameras for use in military applications is increasing, which is expected to drive the global MWIR cameras market during the forecast period

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North America to Lead Global MWIR Cameras Market

  • In terms of region, the global MWIR cameras market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • North America is anticipated to dominate the global MWIR cameras market throughout the forecast period, as a large number of manufacturers of MWIR cameras operate in the region
  • The MWIR cameras market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in Global MWIR Cameras Market

The global MWIR cameras market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and expansions to meet the risen demand for MWIR cameras. Moreover, manufacturers are entering into partnerships for the development of innovative products.

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Proximity Switches Market: Pin-Point Analyses Of Market Competition Dynamics To Offer You A Competitive Edge 2019 – 2027

Proximity Switches: Introduction

  • Proximity switches open or close an electric circuit on contact with an object or coming within the range of an object.
  • In manufacturing equipment, robotics, and safety systems, proximity switches are most frequently used.
  • These switches can detect presence of objects in their vicinity, without physical contact. They emit an electromagnetic radiation beam for detecting objects, generally in the form of infrared light.
  • Proximity switches also detect the reflection in order to determine the location or distance of the object from a switch.
  • These switches are used in aerospace & defense, food & beverage, industrial, automotive, consumer electronics and among other end-use industry.

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Rise in Demand of Proximity Switches in Consumer Electronics

  • Growth of the consumer electronics industry has made a significant positive impact on the global market for proximity switches. Expanding consumer electronics industry and increasing demand for smartphones are other significant factors driving the global market for proximity switches.
  • Smartphones are increasingly using inductive proximity switches in order to improve the overall functional efficiency and comfort for the user.

Increase in use of Proximity Switches in Industrial Process

  • Industrial automation has emerged as an attractive sector for investments by organizations across the globe. The rise in automation of complex production systems has increased the demand for components capable of providing critical data related to the production process.
  • These sensors facilitate process control in factories by detecting the presence and position of metal objects. Proximity sensors can also help in automating procedures and even repetitive tasks resulting in an efficient production line.
  • Furthermore, proximity switches are rarely affected by temperature fluctuations and foreign impurities, such as dirt and water. This factor is also fueling the global market. Increase in the number of vendors that offer industrial automation services and rise in the demand for Industrial Internet of Things (IIoT) are factors driving the demand for inductive proximity switches.
  • The ability of proximity switches to work in hazardous conditions such as extreme temperatures and humidity and in chemical processing applications has led to growth of the global proximity switches market.

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Automotive Segment to Offer Lucrative Opportunities

  • Based on end-use industry, the global proximity switches market can be segmented into aerospace & defense, food & beverage, industrial, automotive, consumer electronics, and others.
  • Availability of touch-free user interface is boosting the adoption of proximity switches in automotive applications such as infotainment systems, 3D gesture, keyless entry systems, and interior lighting controls.
  • Proximity switches are used in a parking assistance system to detect presence of objects in the pathway of the reversing vehicle and can ring the alarm to warn the driver. Proximity switches also prevent collision with pedestrians while parking a vehicle. Owing to these benefits, rising popularity of proximity switches in automotive applications is expected to boost the growth of the market during forecast period.
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Motor Driver IC Market: Overview Of Key Market Forces Propelling And Restraining Market Growth 2019 – 2027

Motor Driver ICs: Introduction

  • A motor driver IC is an integrated circuit chip, which is used to control motors in autonomous robots. A motor driver IC acts as an interface between the motor and microprocessors in the robot.
  • A majority of microprocessors require low voltage and a small amount of current to operate, whereas motors require relatively high voltage and current to operate. Hence, motor driver ICs are primarily used in autonomous robotics, as current cannot be supplied to the motor from the microprocessor.
  • Additionally, motor driver ICs help perform various operations, such as selecting the reverse or forward rotation of the motor, protecting against overload, and regulating the motor speed
  • Motor driver ICs are available with three types of motors i.e. brushed DC motor, brushless DC motor, and stepper motor
  • Motor driver ICs are used in multiple applications such as printers, scanners, sunroofs, wipers, HVAC blowers, and radiator fans. These ICs are employed in several end-use sectors such as automotive, industrial, medical, and consumer electronics.

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Rise in Demand for Motor Driver ICs for Use in Industrial Automation

  • Motor driver ICs are largely used in industrial automation processes, such as tool machines and robots, logistics systems, food, and packaging. This is considered a major factor driving the global motor driver ICs market.
  • In industrial automation, in order to speed up the assembly line process, manufacturers are using industrial robots that are operated and controlled by using motor drivers. These robots perform operations at a high speed and with high accuracy and they consume less power. This makes the operation more efficient.
  • As a result of these advantages, the demand for motor driver ICs for use in industrial automation applications is increasing. This is expected to drive the global motor driver ICs market during the forecast period. 

Automotive Segment to Witness Lucrative Opportunities

  • The automotive industry has emerged as an attractive sector for investments for organizations across the globe. In the automotive industry, motor driver ICs are increasingly used in automobiles for HVAC blowers, radiator fans, sunroofs, wipers, and oil pumps.
  • Manufacturers mostly provide motor driver ICs with brushless DC motors instead of those with brushed DC motors, as they have higher efficiency and longer lifespan. Also, they lack brush-generated electrical noise.
  • Moreover, use of motor driver ICs offers protection against faults in power supply, due to which these devices are significantly used in automobiles
  • Thus, rise in the use of motor driver ICs in automobiles is expected to offer lucrative opportunities to the global motor driver ICs market during the forecast period
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eFuse Market: Key Players and Production Information analysis with Forecast 2019 – 2027

Global eFuse Market: Introduction

  • An eFuse or electronic fuse is an electronic device integrated with an FET i.e. field effect transistor, which is used for circuit protection by adjusting voltages and currents to a safe level in case of fault. Moreover, eFuses are replacing traditional, large-sized fuses that are employed for device protection. In case of overload, eFuses disconnect the load from the main power supply so as to avoid damage or malfunctioning.
  • Generally, eFuses are used to provide protection to power supply line circuits. These include servers, gaming consoles, PCs, and other electronic equipment.
  • Typical applications of eFuses include routers, telecom switches, hard-disk drive and enterprise storage, and server systems
  • These fuses provide significant protection against overcurrent or inrush current and voltage, short circuits, and reverse current. Additionally, eFuses can repair themselves, without any need for human intervention. These fuses have integrated power switches and control circuits that rapidly sense the overvoltage and overcurrent and react to nullify its effect.
  • Several organizations use conventional circuit protection devices instead of eFuse; however, these devices cannot provide quick protection to the circuit
  • Two types of eFuses are available in the market: latched type and auto-retry type. A latched type of eFuse recovers the circuit with the help of an external signal, while the auto-retry type eFuse recovers the circuit automatically.

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Rise in Demand of Cloud Computing Worldwide Boosting Global eFuse Market

  • Rising volume of data worldwide led by proliferation of mobile devices and penetration of the Internet is projected to drive the demand for solid state drives i.e. SSDs across the globe during the forecast period. Furthermore, SSDs are replacing the traditional hard disk drives (HDDs), as the number of data centers is increasing worldwide. SSDs are devices that use integrated circuit assemblies in the form of memory for data storage. In SSD applications, eFuses are used to limit the current surge and overcurrent and to identify the power loss. Moreover, the current-limiting function of eFuses helps SSDs in avoiding system downtime.

Asia Pacific to Lead Global Market

  • In terms of region, the global eFuse market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa
  • Asia Pacific is anticipated to dominate the global eFuse market throughout the forecast period, as a large number of manufacturers of eFuses operate in the region, which are constantly investing in the development of technologically advanced products. Countries such as China, Japan, South Korea, and India contribute to the major market share of the region.
  • The eFuse market in North America and Europe is expected to expand at a substantial rate during the forecast period, owing to expanded offerings of eFuses by established players in the region. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate rate during the forecast period.

Key Players Operating in Global Market

The global eFuse market was highly fragmented in 2018. Major players operating in the global market are focusing on technological advancements and new product development to meet the risen demand for eFuses.

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Optical Transmitters Market: Understanding the Key Product Segments and their Future 2019 – 2027

Optical Transmitter Market – Introduction

  • Information can be transmitted in various ways. An optical transmitter is one half of a communications system, where the other half would be an optical receiver. Producing an optical signal is the purpose of an optical transmitter.
  • Various other similar transmission methods use electrical signals, e.g. Ethernet or USB cables, or radio transmissions such as AM or FM radio. There are two categories of optical transmission: guided-wave or free-space, and unguided. Guided transmission media are cables such as twisted pair cables, coaxial cables, and fiber optic cables.
  • Fiber optic cable is the commonly used guided wave optical transmission systems. Under this system, light is transmitted through the fiber. The fiber uses total internal reflection to keep the light trapped inside.

Key Drivers and Restraints of Global Optical Transmitters Market

  • The optical transmitter market is primarily driven by the wide usage of optical transmission technology in remote controls of various electrical and electronic devices. Increase in adoption of optical communications is also driving the market.
  • Semiconductor optical transmitters are designed to be compact, efficient, and reliable to operate in an optimal wavelength range. They are directly modulated at high frequencies.
  • Optical transmitters are also used in the inter satellite communication that is also called free space communication (FSO)
  • They also offer significant advantages such as low weight and greater power savings, thereby enabling easier, faster, and reliable transmission of information. This provides immense opportunities for usage of optical transmitter systems in electronics and electrical devices.

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Increase in Requirements of Higher Bandwidth in Optical Transmitters

  • The optical transmitters market is expanding significantly due to the increase in demand for higher bandwidth and high bit rate with the growth in penetration of Internet across the globe. The fiber optical technology is also advancing continuously.
  • Implementation of Fiber to x (FTTx) broadband in developing countries due to the rise in demand for broadband services and applications is estimated to boost the optical transmitter market
  • Government initiatives in developing countries and telecommunication deregulation across the globe are also likely to augment the demand for optical transmitters. Growth in the smartphones market and rise in demand for LTE and 4G services are also projected to propel the market in the near future.

Telecom Anticipated to be Rapidly Growing Industry

  • Telecom is estimated to be a rapidly growing end-use industry of the global optical transmitter market. Fiber optical communication network and optical transmitters are required for the transmission and receipt of signals.
  • In terms of revenue, the telecom industry has been expanding due to the rise in usage of optical transmitters, since optical transmitters are required for fiber optical communication. Demand for new information services, including data, Internet, and broadband services, is combined with the supply of innovative information technological equipment such as optical transmitters in order to transfer the information at a faster pace.

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Neuromorphic Chip Market: Up-To-Date Analyses Of Market Trends And Technological Improvements  2015 – 2023

The global neuromorphic chip market is fragmented in nature due to the presence of a large number of players existing in the market. The prominent players are investing heavily investing mergers and acquisitions and collaboration to expand their geographical reach and get a firm hold in the market. These players are also using effective marketing strategies that help in the commercialization of these chips that in turn will open new opportunities for them.  To mention some of the leading players in the neuromorphic chip market are   HRL Laboratories LLC., International Business Machine Corporation, Vicarious FPC Inc.,   General Vision Inc., Intel Corp., Hewlett Packard Corp., and Samsung Electronics Co. Ltd.

As per the Transparency Market Research, the neuromorphic chips market is projected to expand at a healthy CAGR of 19.1% during the forecast period between 2015 and 2023. Thus, rising at this growth rate is has been estimated that the valuation of the market will reach US$1.801 bn by the end of 2023.

Application of neuromorphic chip is seen in various sectors in which the defense and aerospace sector is leading due to the intensive integration of neuromorphic chip in this sector. In addition, to increase the power of the internet of Things these chips play an important role, which in turn benefits the market growth. On the regional front, North America is leading the market and is projected to continue its dominance in the forthcoming years. The region is leading as it encourages technological advancements in terms of product innovation.

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Increasing Adoption of Automation to Expand Growth Opportunities for Neuromorphic Chip Market

The growth of the neuromorphic chips market is due to its rising application in various sectors such as defense and aerospace, Internet of things, and many others. The rising automation in various sectors is also opening new opportunities for the growth of this market. In addition to that, optimum usage of memory, higher speed, and less power consumption are other growth factors asserting market growth. Another growth factor is the increasing demand for brain-like computing across various industry verticals, which is likely to expand the demand for neuromorphic chips in the near future.

Lack of Investments to Limit Growth of Neuromorphic Chip Market

Despite the growing application of neuromorphic chips, there are certain restraining factors that might hamper the growth of this market. Limited investment in the industry and lack of focus in research and development activities are factors that are likely to obstruct the market from growing at its full potential. The design of these chips is complex due to software complexity and complex algorithms in the neural processing units, thus, impeding the market growth. Moreover, one of the big challenges is the limited capacity of memory, which can be incorporated in these chips. However, with the growing technological advancements, these complexities are expected to reduce in the coming years and assist the market to grow at its full potential.

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