#Board Mount Power Supply Market Demand Key Growth Opportunities

[electronalytics]

Board Mount Power Supply Market Demand Key Growth Opportunities, Development and Forecasts to 2017-2032

Board Mount Power Supply Market Overview: The board mount power supply market refers to the industry involved in the production and distribution of power supply solutions specifically designed to be mounted directly on printed circuit boards (PCBs). These power supplies provide regulated and stable power to electronic components and systems, enabling their proper functionality and operation.

Key Factors Driving the Market:

Miniaturization and Integration: The demand for smaller and more compact electronic devices has driven the development of board mount power supplies. These power supplies are designed to be integrated directly onto the PCB, saving space and enabling the miniaturization of electronic systems.

Increased Power Density: The advancement of power conversion technologies has led to higher power density in board mount power supplies. Manufacturers have been able to develop smaller, more efficient power supplies capable of delivering the required power levels to modern electronic devices.

Growing Demand for Electronic Devices: The increasing adoption of electronic devices across various sectors, including consumer electronics, automotive, industrial, and telecommunications, fuels the demand for board mount power supplies. As the number of electronic devices continues to grow, so does the demand for compact and efficient power solutions.

Energy Efficiency and Power Management: Energy efficiency has become a crucial factor in electronic devices. Board mount power supplies are designed to optimize power conversion efficiency, reduce power losses, and improve overall energy efficiency. Additionally, they incorporate power management features, such as standby modes and intelligent power control, to further enhance energy savings.

Technological Advancements: Ongoing advancements in power electronics, semiconductor technology, and manufacturing processes contribute to the development of more efficient and reliable board mount power supplies. These advancements include higher efficiency power conversion topologies, advanced packaging techniques, and improved thermal management.

Demands: The demand for board mount power supplies is expected to grow due to the following factors:

Consumer Electronics Market: The consumer electronics industry drives a significant demand for board mount power supplies. The increasing popularity of smartphones, tablets, wearable devices, and other consumer electronics requires compact and reliable power solutions that can be easily integrated into these devices.

Automotive Electronics: The automotive sector relies heavily on electronic components and systems, requiring reliable and efficient power supplies. Board mount power supplies are used in various automotive applications, including infotainment systems, advanced driver-assistance systems (ADAS), and electric vehicle charging systems.

Industrial and Automation Applications: Industrial automation, robotics, and control systems rely on board mount power supplies to provide reliable power to sensors, actuators, and control units. The demand for these power supplies is driven by the need for robust and efficient power solutions in industrial environments.

Telecommunications Infrastructure: The telecommunications industry requires high-quality and stable power supplies for its infrastructure. Board mount power supplies are used in telecom equipment such as base stations, switches, and routers to ensure reliable and uninterrupted power delivery.

Internet of Things (IoT) Devices: The rapid growth of the IoT market creates a demand for board mount power supplies. IoT devices require compact and efficient power solutions to operate reliably in diverse environments and enable seamless connectivity and communication.

Trends:

Increasing Demand for Compact and High-Density Power Solutions: The board mount power supply market is witnessing a trend towards smaller and more compact power supply solutions. With the miniaturization of electronic devices and the growing demand for space-saving designs, board mount power supplies that offer high power density and small form factors are in high demand. This trend is driven by applications such as IoT devices, wearable technology, and portable electronics.

Integration of Advanced Features and Technologies: Board mount power supplies are incorporating advanced features and technologies to meet the evolving requirements of electronic devices. This includes features like digital control, intelligent power management, and power factor correction (PFC) to improve energy efficiency. Additionally, the integration of communication interfaces, such as USB or I2C, enables better monitoring and control of power supply parameters. These advancements contribute to improved performance, reliability, and power efficiency.

Focus on Energy Efficiency and Sustainability: Energy efficiency has become a significant concern in the electronics industry. As a result, there is a growing emphasis on developing board mount power supplies with high energy efficiency ratings. This includes the use of advanced power conversion topologies, such as resonant converters or digital power architectures, to minimize power losses. Additionally, there is an increasing focus on the use of eco-friendly materials and manufacturing processes to enhance the sustainability of board mount power supplies.

Overall, the board mount power supply market is driven by factors such as miniaturization, increased power density, the growing demand for electronic devices, energy efficiency requirements, and technological advancements. The market demand for board mount power supplies is expected to increase as the adoption of electronic devices and the IoT continues to grow in various industries.

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Market Segmentations:

Global Board Mount Power Supply Market: By Company

• XP Power

• Beijing Relpow Technology

• Guangzhou Aipu Electron Technology Co

• MORNSUN

• TOPECH

• CUI Inc

• Yuan Dean Scientific

• Mean Well

• RECOM Group

Global Board Mount Power Supply Market: By Type

• 1 W

• 2 W

• 3 W

• 5 W

Global Board Mount Power Supply Market: By Application

• Industrial Instruments

• Medical Instruments

• Communication System

• Industrial Automation

• Communication Interface

• Other

Global Board Mount Power Supply Market: Regional Analysis

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Board Mount Power Supply market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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In general, market research studies offer companies and organisations useful data that can aid in making decisions and maintaining competitiveness in their industry. They can offer a strong basis for decision-making, strategy formulation, and company planning.

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[ciolookleaders]

10 Hottest Global Business Trends for Business Geeks

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In today’s interconnected world, staying ahead of the curve in business requires a keen understanding of global trends. Whether you’re a seasoned entrepreneur or a budding startup, keeping abreast of the latest developments can mean the difference between success and stagnation. In this comprehensive guide, we delve into the diverse array of global business trends shaping industries worldwide, providing insights to help you adapt and thrive in an ever-evolving landscape.

Understanding Global Business Trends

Globalization has transformed the way businesses operate, breaking down geographical barriers and creating unprecedented opportunities for growth. From advancements in technology to shifts in consumer behavior, the business landscape is constantly evolving. By identifying and leveraging emerging trends, companies can gain a competitive edge and position themselves for long-term success.

Here are 10 Hottest Global Business Trends for Business Geeks:

1. Technological Advancements

In today’s digital age, technology serves as a driving force behind many global business trends. From artificial intelligence and machine learning to blockchain and the Internet of Things (IoT), innovations are revolutionizing industries across the board. Companies that embrace these technologies can streamline operations, enhance productivity, and deliver superior products and services to their customers.

2. Sustainable Practices

As environmental concerns continue to mount, sustainability has emerged as a prominent global business trend. Consumers are increasingly demanding eco-friendly products and services, prompting companies to adopt sustainable practices throughout their operations. From reducing carbon emissions to minimizing waste, businesses are finding innovative ways to mitigate their environmental impact while simultaneously appealing to socially-conscious consumers.

3. Remote Work

The COVID-19 pandemic accelerated the adoption of remote work, fundamentally changing the way businesses operate. Even as restrictions ease, many companies are embracing remote work as a permanent arrangement. This trend not only offers employees greater flexibility and work-life balance but also enables companies to tap into a global talent pool, fostering diversity and innovation within their teams.

4. E-commerce Boom

The rise of e-commerce has reshaped the retail landscape, with online sales reaching unprecedented heights in recent years. As consumers increasingly turn to online shopping for convenience and accessibility, businesses are investing heavily in digital storefronts and omnichannel strategies. By embracing e-commerce, companies can reach a global audience and capitalize on the growing trend of digital commerce.

5. Personalized Marketing

In an era of information overload, personalized marketing has become essential for capturing consumers’ attention and driving engagement. By leveraging data analytics and artificial intelligence, companies can deliver targeted content and tailored experiences that resonate with their target audience. From personalized recommendations to customized advertising campaigns, businesses are harnessing the power of personalization to drive sales and build brand loyalty.

6. Agile Business Models

In today’s fast-paced world, agility is key to staying competitive. Agile business models prioritize flexibility and adaptability, enabling companies to respond quickly to changing market conditions and customer preferences. By embracing agility, businesses can streamline decision-making processes, accelerate innovation, and seize opportunities as they arise.

7. Global Supply Chain Resilience

The COVID-19 pandemic exposed vulnerabilities in global supply chains, prompting companies to reassess their sourcing and distribution strategies. In response, businesses are diversifying their supplier networks, investing in digital supply chain technologies, and adopting risk mitigation measures to enhance resilience. By building more robust supply chains, companies can better withstand disruptions and ensure continuity of operations in an uncertain world.

8. Remote Learning and Upskilling

With the rapid pace of technological innovation, lifelong learning has never been more important. As automation and digitalization reshape industries, workers must continually update their skills to remain relevant in the job market. Remote learning platforms and online courses have surged in popularity, enabling individuals to acquire new skills and advance their careers from anywhere in the world. Businesses that invest in employee upskilling not only foster talent development but also strengthen their competitive position in the global marketplace.

9. Healthcare Innovation

The healthcare industry is experiencing a wave of innovation, driven by technological advancements and shifting consumer expectations. From telemedicine and wearable devices to precision medicine and gene editing, breakthroughs are transforming patient care and healthcare delivery. Companies that embrace healthcare innovation can improve patient outcomes, reduce costs, and unlock new opportunities for growth in a rapidly evolving sector.

10. Diversity and Inclusion

Diversity and inclusion have moved to the forefront of global business trends, as companies recognize the value of a diverse workforce and inclusive workplace culture. By fostering diversity and inclusion, businesses can harness the unique perspectives and talents of their employees, driving innovation and creativity. From implementing diversity hiring initiatives to providing inclusive training programs, companies are working to create environments where all employees feel valued and empowered to succeed.

Conclusion

In conclusion, navigating the ever-evolving landscape of global business requires a proactive approach to identifying and leveraging emerging trends. From technological advancements and sustainability initiatives to remote work and e-commerce, businesses must adapt to stay competitive in a rapidly changing world. By embracing innovation, fostering agility, and prioritizing diversity and inclusion, companies can position themselves for long-term success in the dynamic global marketplace. Stay tuned to stay ahead of the curve and capitalize on the latest global business trends.

With this comprehensive overview of global business trends, you’re equipped to steer your business toward success in an increasingly interconnected world. Stay proactive, stay informed, and embrace change as an opportunity for growth and innovation. Global Business Trends are not just keywords; they’re the roadmap to your company’s future prosperity.

Also Read: Maximizing Success Through Effective Sales and Distribution Strategies

[aimarketresearch]

Surface Mount Technology Market Size, Share, Trends, Demand, Future Growth, Challenges and Competitive Analysis

Surface Mount Technology Market report is an important manuscript for every market enthusiast, policymaker, investor, and market player. The market research and analysis conducted in this report assists clients in forecasting the investment in an emerging market, growth of market share or success of a new product. In addition, this business report endows with a delegate overview of the market where it identifies industry trends, determines brand awareness, potency and insights and provides competitive intelligence. Report contains strong and weak points of the competitors and analysis of their strategies with respect to product and  industry. Surface Mount Technology Market is the most established tool and hence used widely to generate market research report.

With the complete understanding of business environment that is best suitable for the requirements of the client, Surface Mount Technology Market business report has been generated. Businesses can also achieve insights into profit growth and sustainability programs with this market report. Market drivers and market restraints explained in this report gives idea about the rise or fall in the consumer demand for the particular product depending on several factors. This market document contains all the company profiles of the major players and brands. Each of the topics is properly elaborated with the in-depth research and analysis for generating an absolute Surface Mount Technology Market survey report.

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Surface mount technology market will grow at a CAGR of 8.86% in the forecast period of 2021 to 2028. Rise in the supply for electronic products to miniaturized consumers is an essential factor driving the surface mount technology market.

Surface mounting (SMT) technology is defined as a type of technique of generating electronic circuits where the parts are installed or put straight on the printed circuit board (PCB). An electronic device thereby generated is a surface mount device (SMD). It has mainly substituted the technique of connecting parts with cable leads in the circuit board through-hole technique design in the sector. Both technologies, such as huge transformers and heat sinked power semiconductors, can be used in the same board for components not suitable for surface mounting.

Surface Mount Technology Key Benefits over Global Competitors:

The report provides a qualitative and quantitative analysis of the Surface Mount Technology Market trends, forecasts, and market size to determine new opportunities.

Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.

Top impacting factors & major investment pockets are highlighted in the research.

The major countries in each region are analyzed and their revenue contribution is mentioned.

The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

Table of Contents: Surface Mount Technology Market

1 Introduction

2 Global Surface Mount Technology Market Segmentation

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Surface Mount Technology Market, by Product Type

7 Surface Mount Technology Market, by Modality

8 Surface Mount Technology Market, by Type

9 Surface Mount Technology Market, by Mode

10 Surface Mount Technology Market, by End User

12 Surface Mount Technology Market, by Geography

12 Surface Mount Technology Market, Company Landscape

13 Swot Analysis

14 Company Profiles

Critical Insights Related to the Surface Mount Technology Included in the Report:

Exclusive graphics and Illustrative Porter’s Five Forces analysis of some of the leading companies in this market

Value chain analysis of prominent players in the market

Current trends influencing the dynamics of this market across various geographies

Recent mergers, acquisitions, collaborations, and partnerships

Revenue growth of this industry over the forecast period

Marketing strategy study and growth trends

Growth-driven factor analysis

Emerging recess segments and region-wise market

An empirical evaluation of the curve of this market

Ancient, Present, and Probable scope of the market from both prospect value and volume

The major players covered in surface mount technology market report are ASM Assembly Systems GmbH & Co. KG, YXLON International, Viscom AG, Universal Instruments Corporation, Teradyne Inc., Saki Corporation., Panasonic Corporation, Orbotech Ltd., OMRON Corporation, Nordson Corporation, Nikon Metrology Inc., Naprotek, Inc., Mycronic, Kulicke & Soffa Industries, Inc., KOHYOUNG TECHNOLOGY Inc.,  JUKI CORPORATION., Illinois Tool Works Inc., GLENBROOK TECHNOLOGIES, FUJI Corporation, Electro Scientific Industries, Inc and Yamaha Motor Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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[swarajya7793]

Significant Impact of COVID-19 on Liquid Natural Gas in the Chemical and Materials Industry | Data Bridge Market Research

COVID-19 Impact on Liquid Natural Gas in the Chemical and Materials Industry

The epidemic of COVID-19 has caused immense and unforeseen social and economic tension. Its consequences are serious and it is too early to assess results, although its duration is uncertain. The LNG business is influenced in a variety of areas, with some obstacles but still having some prospects. The LNG industry will theoretically recover from this crisis more healthily than at the beginning of this year.

The first issue that impacted LNG (liquefied natural gas) was the collapse in the prices of crude oil. Brent crude oil dropped by mid-March 2020 to USD 24.88 per bbl from USD 70 per bbl in January 2020. The inclination to USD 34 per bbl in March compared with USD 64 per bbl in January may contribute to a decline in the price of LNG contracts, but the time gap embedded for other contracts which imply that the factors do not operate before mid-year. The average is around USD 64 per bbl.

Most of the customers gained lower spot rates last year because the majority of LNG was supplied under term contracts. In December 2019, the average LNG prices were USD 9.24 per MBtu imported into Japan. The real landed price could be half of that by mid-2020. Subsequent Asian markets are emerging from the current coronavirus or COVID-19. Crisis, low prices of the LNG are likely to boost the demand in the desired market.

Experts can see iron ore alternatives in Japan and Korea for gas / LNG, but demand in South Asia could be higher. Across Europe, a constructive reaction to demand is not expected to occur. For some time now prices were low as LNG traded is linked to gas hub prices instead of oil. Shortening has contributed to the lower gas usage and this is anticipated to decline in the second quarter as Europe ends the heating season. In March, LNG imports to Italy would possibly sum to only about one-third of last year's supply level in March.

IMPACT OF COVID-19 ON LNG

Gas industries are now experiencing fresh threats as a consequence of two events: the COVID 19 pandemics and global oil demand fluctuations as a result in the shortage of liquefied natural gas (LNG). Along with this, the existing imbalance between supply and demand in LNG markets will intensify and lengthen, contributing to a lower price setting. It could threaten, in the short term, up to 8% of global demand for LNG (over 25 million tonnes, or MTPA), whereas another one or two years could continue in the low price setting.

Current industry developments will jeopardize potential ventures and bring some firms under tremendous financial pressure including offshore gas discovery and development businesses, LNG suppliers and project developers. Meanwhile, purchasers of LNG will leverage on low rates to improve the contractual terms and facilitate the change from coal to natural gas. All companies are now checking their competitiveness and strengthening their business place in this modern world whether they maximize the gains of surplus or mitigate their disadvantages. The LNG industry controlled the effects of excess production until the COVID-19 pandemic. After 2015, global liquefaction production development peaked over 30 MTPA annually and the availability of LNG grew by about 10% each year. Markets could absorb this extra supply by a sluggish Chinese gas market growth in the early quarter of 2019 and by northeastern Asian demand contraction, pushing spot prices from 7 to 11 dollars per million British thermal units (mmbtu) in Europe and Asia to less than USD 5 per mmbtu.

The condition is predicted to escalate significantly with COVID-19. Through reducing economic growth, the pandemic has reduced the demand for natural gas in China, the second largest importer of LNG before now and the most steadily increasing LNG industry. While economic performance in China indicates a turnaround, Chinese natural gas demand growth would slip by half from previous estimates, at the annualized pace of inflation.

IMPACT ON DIFFERENT LNG

TRANSPORTATION LNG

The lock-ins was at sights as a consequence of rising prices for shipping to global markets and fast breakeven shale economies in the Covid-19. Companies in the value chain will react quickly, evaluate their position in light of the current business climate and take advantage of the short and long-term opportunity to gain value.

For instance,

In March, the Platts Gulf Coast Marker, which reflects the economies of American exports of LNG, was down below the Henry Hub. The U.S. LNG also seems vulnerable in a crisis- Asian consumers will just incur the toll payment for the cancelation of the U.S. LNG freight, whereas the cancelation of Australian or Qatar LNG freight requires the whole shipment to be billed or charged.

INDUSTRIAL AND POWER LNG

Major market players, similar to other LNG import companies, look unstable, this is most likely due to the contraction in business growth will lead to short-term impacts in energy production and the manufacturing companies. Early indicators in Italy have shown that after social distancing initiatives have been introduced, demand in certain sectors could have decreased in impacted regions by over 10 percent. While low LNG prices will allow some opportunities to switch to fuel in the short run, the structural and temporary existence of demand for natural gas is likely to restrict any potential upside on many markets, in conjunction with a rapidly falling overall energy demand.

COMPANIES STRATEGIC INITIATIVES DURING COVID-19

·         Wärtsilä launched the compact reliq reliquary machine in July 2020, which is designed to reliquify boil-off gas (BOG) on-board gas carriers and LNG bunker vessels and to maintain the cargo cold in all working conditions. The lightweight architecture enables it to be mounted on established vessels without significant maintenance research

·         In April 2020, Arctic LNG 1, a wholly-owned subsidiary of NOVATEK received approval for geological surveys, discovery and development in Gydan Peninsula with SLH 16637 NR in the Bukharinskiy sub-subsolar ship field. The concession area is partly situated in the offshore waters of a Bays of Ob and Taz in the independent state of Yamal-Nenets (YNAO) and will be granted for duration of up to 2050. The conditions of authorization mandate that the LNG natural resource should be utilized in the YNAO and neighboring water areas for liquefied natural gas infrastructure

·         In June 2020, Wärtsilä’s emissions abatement technology received order to provide its volatile organic compounds (VOC) recovery system together with an LNG fuel gas supply system, for two new 124,000 DWT shuttle tankers. The ships have been ordered by Knutsen NYK Offshore Tankers (KNOT), a leading independent owner and operator of shuttle tankers, and will be built at the Daewoo Shipbuilding & Marine yard in Korea. The order with Wärtsilä was placed in April

·         In June 2020, Gazprom and RusKhimAlyans (project developer of the integrated gas processing and liquefaction complex; business was formed on a parity basis by Gazprom and RusGazDobycha) have concluded 20-year commercial contracts for the production of feed gas and selling of gas. The interconnected structure must also be supplied with raw resources in the long run

·         Gasum has launched new liquefied gas bunkering station in June 2020. The station is situated in the Port of Nynäshamn, Sweden, at the Ports of Stockholm. The new station had provided the innovative bunkering technologies that allow the ships to bunker environmentally sustainable fuel quicker than ever before. By implementing various strategies such as growing production capacity, new product releases, product availability, the manufacturers aim to achieve optimum market growth. The growth of LNG in application such as, transportation, industrial and power, and others is anticipated to offer favorable opportunities for the key players operating in the market. Factors such as the places for distribution and sales are expected to help improve the company's overall role. Small domestic players and emerging players in developing countries in particular are likely to gain opportunities to establish themselves on the market

CONCLUSION

In conclusion, the effect of Covid-19 on the availability of LNG would continue much longer than the effects on global demand for LNG. The U.S. has been the new epicenter for the epidemic of COVID after the move from China to Europe, as the third most populated nation in the world and the biggest natural gas user, the implementation of restrictions to reduce the spread of COVID is expected to have a significant impact. Effects on the world demand for electricity due to freezing weather from mid-March until the end of April, the rise in usage was led by an improvement in increasing the gasoline prices in the residential and business market. Whereas throughout the industrial sector gas use has been very stable and over the span has risen marginally. The energy sector seems most affected by COVID, but despite a downward trend in electricity demand, has increased gas and renewable energy production, especially coal, is offsetting energy generation from many other sources.

With the transition of Covid-19 from China to America, the USA has been the global epicenter for the COVID epidemic. The implementation of restrictions to limit the spread of COVID is expected to have a significant impact on the global gas market, is the third-largest country with the population and the largest consumer of gas. Since these restrictions in the US were enforced at the start of March, the consumption of petrol rose relative to 2019. The rise in usage is motivated by cooler weather, which raised the demand for gas in the residential and business sectors from mid-March to the end of April 2020.

[robertreich]

Everything You Need to Know About the New Economy

The biggest economic story of our times isn’t about supply and demand.  It’s about institutions and politics.  It’s about power.

The median annual earnings of full-time wage and salaried workers in 1979, in today’s dollars, was $43,680. The median earnings in 2018 was $45,708. If between 1979 and 2018, the American economy almost tripled in size, so where did the gains go?  Most went to the top.

Now this is broadly known, but there is less certainty about why.

1. The Conventional View  

Conventional wisdom attributes the widening economic divide to globalization and technological change -- the “inevitable” result of the invisible hand of the so-called “free market.”

Simply put, as the American economy merged with the rest of the globe, American workers had to compete with foreign workers willing to toil for a fraction of American wages. And as technology advanced, American workers also had to compete with software and robots that were cheaper to employ than Americans.

So, according to this conventional view, the only realistic way to raise the wages of most Americans is to give them more and better education and job training, so they can become more competitive. They can thereby overcome the so-called “skills gap” that keeps them from taking the jobs of the future – jobs and opportunities generated by new technologies.

2.  A Deeper View of the American Political Economy

The conventional story isn’t completely wrong, and education and training are important. But the conventional view leaves out some of the largest and most important changes, and therefore overlooks the most important solutions.

To understand what really happened, it’s critical to understand that there is no “free market” in nature. The term “free market” suggests outcomes are objectively fair and that any “intervention” in the free market is somehow “unnatural.” But in reality, markets cannot exist without people constructing them. Markets depend on rules, and rules come out of legislatures, executive agencies, and courts.  The biggest political change over the last four decades is the overwhelming dominance of big money in politics – influencing what those rules are to be.

3. The Decline of Countervailing Power

Now, go back to the first three decades after World War II -- a period that coupled the greatest economic expansion the world has ever seen with the creation of the largest middle class the world has ever witnessed. The great economic thinker John Kenneth Galbraith asked at the time: Why is capitalism working so well for so many?  

His answer was as surprising as it was obvious: American capitalism contained hidden pools of what he called “countervailing power” that offset the power of large corporations, Wall Street, and the wealthy: labor unions, state and local banks, farm cooperatives, and small retail chains, for example. All of these sources of countervailing power had been fostered by the New Deal. They balanced the American economic system.

But since the late 1970s, these sources of countervailing power have been decimated, leading to an unbalanced system and producing widening economic inequality and stagnating wages. The result has become a vicious cycle in which big money – emanating from big corporations, Wall Street, and the wealthy -- determine the rules of the economic game, and those rules generate more money at the top.

Consider, for example, the ever-expanding tax cuts or loopholes for large corporations, the financial sector, and the wealthy. Contrast them with increases in payroll taxes for average workers.

Or look at the bank and corporate bailouts but little or no help for homeowners caught in the downdraft of the Great Recession.

Finally, look at the increasing barriers to labor unions, such as the proliferation of so-called “right-to-work” laws and the simultaneous erosion of antitrust and the emergence of large concentrations of corporate power.

The public knows the game is rigged, which is why almost all the political energy is now anti-establishment. This is a big reason why Trump won the 2016 election. Authoritarian populists through history have used anger and directed it at racial and ethnic minorities and foreigners.

It’s also a big reason why the only alternative to authoritarian populism is progressive populism -- countervailing the moneyed interests with a democracy that reorganizes the market to benefit the many rather than a small group at the top.

How do we build a new countervailing power and move toward a new progressive economics?  

4. Economics and Political Power

The choice isn’t between a free market and government. The question is who has the power to organize the market, and for whom.

Stagnant wages, job insecurity, widening inequality, and mounting wealth at the top are the result of political choices. The system is rigged and must be un-rigged.

Conventional economics posits that the most important goals are efficiency and economic growth. But policies can be “efficient” by making the rich even wealthier as long as no one else is worse off -- and that won’t remedy what’s happened. Economic growth is meaningless if the gains from growth keep going to the top and nothing trickles down.

Stop assuming that all that’s needed is better education and job training. Sure, Americans need access to better schools and skills, but the basic problem isn’t simply a “skills gap.” It’s a market that’s organized to push more income and wealth toward the top, rather than distribute it broadly.

Stop aiming to “redistribute” from richer to poorer after the market has distributed income. Instead, change the organization of the market so that a fair pre-distribution occurs inside it.  

Stop thinking that the goal is only to create more jobs. America’s real jobs crisis is a scarcity of good jobs.

The American economy cannot generate widespread prosperity without a large and growing middle class whose spending fuels the economy.

5. Building a Multi-racial, Multi-ethnic, Coalition of the Middle Class, Working Class, and Poor.

Don’t let the moneyed interests divide and conquer along racial and gender lines. Racism and sexism are very real issues within our economic system, and they are often exploited to keep us from realizing the power we can have when we stand together. All are disempowered by the moneyed interests, and all have a stake in rebuilding countervailing power.

6. Offering a Compelling Set of Ideas about What Should be Done with Countervailing Power.

For example:

--- A guaranteed basic income so no one is impoverished,

--- A guaranteed job so everyone can get ahead,

--- A progressive wealth tax to pay for these and other basics,

--- Stronger unions so workers have more bargaining power,

--- New forms of corporate organization so workers have more voice,

--  A Green New Deal so workers can get better jobs while fighting climate change. 

--- Reinvigorated antitrust so concentrations of economic power are broken up,

--- Election finance reforms to get big money out of politics and end the revolving door,

--- Voting reforms so votes cannot be suppressed.

7. Building the leadership for this new countervailing power.

You can help lead the way. You can be a leader of this movement. How?

For one, you can run for office -- in your community, say, city council or school board. Or run for state office. Or even national office.

Don’t be intimidated by politics. We need good people to run. And don’t worry that you’ll be beholden to a handful of rich donors. These days, smaller donors are more active than ever.

So, what’s the secret? Tell it like it is and be yourself. And then, as I’ve said, talk about economics in terms of political power and understand the 7 principles. Build countervailing power through a multi-racial, multi-ethnic coalition. And offer a compelling set of ideas about what can and should be done.

But you don’t need to hold formal office to be a leader.

You can be a leader by organizing and mobilizing people: Your co-workers -- to form a union. Your friends and neighbors -- to push for better roads and schools, and fairer local taxes. People at your church or synagogue or mosque -- to demand better treatment of the poor, the elderly, children, immigrants. You can link your group up with other groups pursuing similar ends, and create a movement. That’s how we got the Civil Rights and Voting Rights Acts. How we got marriage equality. It’s how we get good people elected.

The key to organizing and mobilizing is creating a leadership team, and then reaching out systematically to others, giving them tasks and responsibilities, starting small and gaining a few victories so people can feel their power, and then growing from there.

You’ll need to be patient and steadfast. Keep people together and focused. And be careful not to burn out. Organizing and mobilizing is hard, but once organized and mobilized, there’s no end to what people can accomplish.  

You can also be a leader by uncovering critical information, fighting lies, spreading the truth. Core responsibilities of leadership are revealing the facts about widening inequalities of income, wealth, and political power -- and uncovering their consequences.

A century ago they were called “muckrakers.” More recently, investigative reporters. I’m talking about courageous journalists who speak truth to power.

But this form of leadership isn’t limited to reporters. It includes whistleblowers, who alert the public to abuses of power. And here courage is also required because when you blow the whistle on the powerful, the powerful sometimes strike back.

This form of leadership also includes researchers, who dig up new sources of data and analyze them in ways that enlighten and motivate.

In other words, there isn’t just one path to leadership. Whether you seek formal authority by running and gaining public office, or you organize and mobilize people into being effective advocates, or you discover and spread the truth -- you are creating and developing countervailing power to spread the gains of the economy and strengthen our democracy. 

These are worthy and noble objectives. They are worth your time. They can be worth a lifetime.

[swifterm]

Unleashing Ecommerce Pet Marketing Strategies

Unleashing Ecommerce Pet Marketing Strategies. Surges in sales. Immunity from the pandemic’s financial downturn. And an ecommerce market share outpacing online retail as a whole. By every metric, the pet industry in 2021 represents one of the most lucrative opportunities for online brands. Every metric … except one. Despite strong numbers, it’s a dog-eat-dog world with the biggest of the big devouring far more than their fair share.

Intense competition among retailers marks the pet food, pet care, and pet supplies landscape — especially mass merchandisers who are privy to high-volume sales, the luxury of lower margins, and scale. The top two US players, PetSmart and PETCO, account for nearly half of all online pet product revenue there. (UK data available from Statista here) Amazon’s debut into white-labeled pet-food challenges start-ups lacking methods to address variable costs like supply-chain logistics and shipping.

What’s more, traditional retail giants like Walmart and Target are expanding their online presence — redefining the pet market and shoppers’ expectations.

How can DTC catch up with the pack? Good news: there’s plenty of hope

With real numbers and tested strategies, this guide provides an overview into the state of the pet industry broken into two parts along with tactical lessons from ecommerce brands doing it right.

Pet Industry Trends: Growth & Statistics in 2020, 2021, and Beyond

Mapping data across the pet industry is notoriously difficult. Unlike fashion marketing, health and wellness, and the beauty industry, no single source of market research exists.

Globally, the pet care market has grown from $216 billion in 2020 to $232 billion in 2021. An estimated 6.1% compounded annual growth rate (CAGR), will catapult that figure to $350 billion by 2027.

While North America and Western Europe are mature, they still offer possibilities for an uptick in consumer purchases relative to the growth experienced worldwide.

Space exists for the development of new products and especially new channels: an advantageous lifecycle stage for emerging brands to enter and thrive.

Within the ecommerce sector especially there is significant room for maturation, as customer preference for shopping for pet products on ecommerce sites is estimated to grow at 9.4% — a sizable increase over its already 13% market share.

1. The Boom of Ecommerce’s Pet Market

While retail stores have seen a slow increase in buying, the online pet market has nearly quadrupled since 2013.

With pet ownership rates continuing to rise, the target market for the industry as a whole will expand, allowing new penetration points.

Yes, the big-box pet stores are experiencing good fortune. But, to fear the competition is to miss the way forward.

For entrepreneurs eager to penetrate new markets, pet food and pet supplies are the second and third biggest ecommerce CPG categories across the industry. The promise of prosperity is acutely high within the natural foods, animal care, and supply sectors.

Within the ecommerce sector especially there is significant room for maturation, as customer preference for shopping for pet products on ecommerce sites is estimated to grow at 9.4% — a sizable increase over its already 13% market share.

Whether it’s a rise in the number of household pets or diversified shopping platforms — the result is an expansion of the global pet market. No surprise, the area of opportunity for businesses looking to expand market share in the pet industry is online.

2. Pet Ownership Demographics and Preferences

No longer do Baby Boomers represent the largest portion of pet owners; that title now belongs to Millennials. Pet brands who will win the future of the industry must understand how Millennials differ from the other generations.

Digital purchasing power cannot go without emphasizing the importance of marketing within that space. Millennials nearly double baby boomers in relation to time spent on social media — 90.4% of millennials are active social media users compared to 48.2% of Baby Boomers (eMarketer, 2019).

By nature of how users natively wield social, the pet category seamlessly fits within the realm of sharable content. Thus, retailers who meet millennials where they’re at, can be a make or break difference for brands looking for competitive channel advantage.

In addition, competitive pricing, convenience, and personalization are blowing the brick-and-mortar house down.

The response: dual-channel retailing, faster fulfillment, improved cost controls, and advances in home delivery. Demand for high-quality products from millennials further attributes to industry profit because of the generally higher mark-ups of premium products.

Making this data actionable for means examining ecommerce trends and statistics within three segments, each with its own unique value propositions …

3. Data on Three Verticals within the Industry(1) Pet Food Market

At $91.1 billion worldwide, pet food represents the single largest niche within the larger space. Within the United States’ 2020 market volume of $30.9M, most revenue is generated by the food segment, which also includes treats and supplements.

Add to this the potential for premium pet food products within the market segment. Natural and organic food products tend to come at a higher price tag, affording operators to earn greater markups.

An increasing penetration of retail sales has augmented the growth of the pet food market. At the same time, availability of pet food on ecommerce platforms entices consumers with convenience and the stripping away of physical shopping constraints.

(2) Pet Care & Services

The pet services market includes grooming, boarding, training, and care.

Over the past five years, it has been the fastest-growing product segment under the industry umbrella. With more and more owners considering their pets as family, it’s rise is driven by interest in pampering and specialty services for furry family members.

Alongside it is the veterinary care industry, which has undergone growth as a result of mass household penetration.

Rising per capita income and growing pet adoptions for companionship lend to an increase in spending on pet care which will continue to boost the market.

Regardless of the distribution channel, brands within the pet care industry that offer premium services may see further gains.

Because households are obtaining higher incomes, they are able to afford premium discretionary service. It also affects the lifestyle of pet owners, affording them more ability to travel, thus increasing the importance of the boarding services segment.

(3) Pet Products & Supplies

With food and pet care holding the top two spots in terms of industry sales, there are more promising prospects within the pet supply market because it is slower growing and encompasses niche products like clothing, food bowls, collars, and carriers.

A key driver for this industry will be the wide range of availability of fashionable and multifunctional pet accessories.

Pet supplies are a leading industry category in the United States, with sales of approximately 4.54 billion U.S. dollars and positive sales growth of 2.7%.

Its share of revenue also spread due to the “pet parenting” trend, in which pet owners treated their pets as family members and started supplying them with complementary products. This segment accounts for an estimated 40.6% of total industry revenue in 2019.

Of those buying pet products, approximately 17% reported buying pet products online in 2017, up from approximately 13% in the previous year.

Pet supplies and accessories sold by retailers also encounter mounting competition not only from mass merchandisers but by smaller outlets because there are no regulations that limit their sales.

For online retailers, favorable economic conditions in the pet supply segment can be complimented through product innovation. Since mass-market brands offer goods with little differentiation, the spike in exclusive niche products will help diversify the current price competition.

In this way, niche product marketing will become mandatory to success for brands positioning themselves apart in the space.

4. Pets Stores, Retail, and Pop-Ups: Don’t Bite the Hand That Feeds You

PetSmart and Petco still hold the largest market share. Two retailers account for ~40% of the landscape, compared to more fragmented verticals like the home furnishings industry where 13 control 55%.

According to Pet Business’ Top 25 Retailers list for 2019, while PetSmart added a net total of 48 stores (versus more than 100 in 2017), Petco added a net total of 10 stores (versus 39 in 2017).

“Despite mounting competition from supermarkets, mass merchandisers and online retailers that offer similar products at greater convenience and competitive prices –traditional brick-and-mortar establishments have successfully positioned themselves as pioneers and exclusive providers of high-quality food and service offerings, such as grooming or daycare,” states the IBIS World Industry Report.

Meanwhile, digitally native pet brands are steadily gaining more market share.

Their success reflects how advances in technology within the human consumer retail market are driving change in the companion animal market as well.

None illustrate this shift more than …

5. Amazon: The Elephant Great Dane in the Room

With Amazon’s main website and third-party sellers taking up 35% of the online market share, pet startups are left to fight over the remaining food in the bowl.

oupled with the launching of Amazon’s first private-label pet brand Wag, might have traditional retailers with their tail in between their legs. The Wag brand offers dry food, the highest moving categories within pet, exclusively to its Prime members.

While Amazon’s scale and market share might seem daunting, it does offer a glimpse of hope for brands looking to enter the online pet space. Amazon’s success shows that there is money to be made in the ecommerce space for the pet industry.

It further affirms pet brands need to take things digital in order to succeed and gain more market share.

We hope you enjoyed this article, intended to help improve our client’s profitability. It reflects the care SwiftERM offer. If you haven’t already done so, then please enjoy a FREE month’s trial of our predictive personalisation software on your site, and let us know what you think.

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[atomicdinosaurdonut]

Mounting Demand for Cost-Effective Alternatives to Spur Recreational Vehicles Market Growth

Market Overview

The global recreational vehicles market is anticipated to garner a CAGR of 7.0% during the forecast period (2018-2023), Market Research Future (MRFR) reveals in a detailed report. Recreational vehicles, also known as motorhomes, are considered mobile hotels on wheels, representing an inexpensive way to tour long distances without the need to repack and unpack at every stop.

Market Potential and Pitfalls

The global recreational vehicles market has witnessed a tectonic surge over the past few years. The surge in adoption of recreational vehicles is associated with a steady and slow approach to own a pop-up camera, which can be towed easily. These vehicles help to save up to 78% of the travel costs during a vacation. Recreational vehicles are highly embraced by old as well as young ones as the most affordable way to relish the comfort of home during travel. These vehicles have witnessed significant growth in its adoption, especially in developing economies like China, India, and Brazil, due to shifting consumer travel preferences, surging demand for cost-effective alternatives for shelter, and growing disposable income. People are showing interest and choosing to explore the countryside with recreational vehicles. Such factors are likely to contribute to the growth of the market in the coming years.

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 Moreover, government initiatives which support private-public partnerships and influencing them to accelerate the development of campgrounds are likely to trigger the demand from the recreational vehicles market across the globe.

On the contrary, the dearth of regulatory standards and framework governing the recreational vehicle manufacturers are likely to restrict the growth in the foreseeable future.

Recreational Vehicles Market: Segmental Analysis

The global recreational vehicles market is segmented on the basis of product type, fuel type, and exterior construction material.

By product type, the recreational vehicles market is segmented into Class A, Class B, Class C, and travel trailers & campers. Of these, Class A recreational vehicles are considered the largest drivable motorhomes. They are ideal for small families and are majorly diesel-powered.

By fuel type, the recreational vehicles market is segmented into diesel and gasoline. Of these, the diesel segment is predicted to gain significant prominence due to higher fuel efficiency. Diesel provides greater energy density, which helps to reduce fuel consumption. The vehicles have rare engine configuration, which limits cabin noise and improves cooling efficiency.

By exterior construction material, the market is segmented into fiberglass, steel, aluminum, wood, and others.

Regional Frontiers

Geographically, the recreational vehicles market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).

Considering the global scenario, North America is predicted to acquire a prominent share in the global market, mainly due to the soaring demand for eco-friendly recreational vehicles, integrated with improved design. The changing lifestyle due to surging expenditure om luxury and premium items is likely to trigger the adoption of recreational vehicles in the region. Moreover, the soaring demand for safer and intelligent recreational vehicles is predicted to propel the market growth in the foreseeable future.

The recreational vehicles industry has witnessed significant prominence in China due to the surging disposable income, coupled with the rising adoption of convenient and cost-effective alternatives. Also, with the beneficial government initiatives and the surging tourism industry, public-private partnerships for campgrounds are strengthened, which is predicted to elevate the scope for the recreational vehicles market in the APAC region.

Industry Updates

July 2019: The Navajo County Board of Supervisors has recently approved for a big recreational vehicle’s storage lot in Overgaard. Boat Storage and Old West RV applicant have asked the board to raise the requirement for a solid fence, in favor of a chain link fence with bushes and trees.

Competitive Dashboard

The players operating in the global recreational vehicles market include Winnebago Industries, Inc. (the US), Thor Industries, Inc. (the US), REV Group Inc (the US), Forest River, Inc. (the US), HYMER (Germany), Yutong Bus (China), Knaus Tabbert GmbH (Germany), CHALLENGER (France), and Adria Mobil, d.o.o. (Slovenia).

  Key Questions Addressed by the Report

What was the historic market size     (2020)?

Which segmentation (Product/     Capacity) is driving market?

What will be the growth rate by     2023?

How are the key players in this     market?

What are the strategies adopted by     key players?

TABLE OF CONTENTS

 1 EXECUTIVE SUMMARY

 2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com

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[speedylightheart]

Europe Machine Vision Market Analysis, Revenue, Price, Market Share, Growth Rate, Forecast 2026

Machine Vision Market is valued at USD 10.15 Billion in 2019 and expected to reach USD 15.57 Billion by 2026 with the CAGR of 6.30% over the forecast period.

Global Machine Vision Market: Global Size, Trends, Competitive, Historical &Forecast Analysis, 2020-2026– Rising need for automation  and quality inspection demand for robotic systems across the pharmaceutical & chemical are expected to boost the growth of machine vision market over forecast period.

Scope of Global Machine Vision Market Reports –

Machine vision refers to methods and technology that is used to extract information from an image in a way that is automated. This process differs from image processing since image processing results in another image while machine vision involves the extraction of the data from an image. Machine vision involves the methods as well as technology that are used to provide services such as image-based automatic analysis as well as inspection. These services are provided to areas such as process control, robotic guidance, and automatic inspection. Machine vision involves the incorporation of software, technology as well as hardware products. Moreover, the Machine vision has become a key technology in the area of manufacturing and quality control due to the increasing quality demands of manufacturers and customers. Machine vision utilizes industrial image processing through the use of cameras mounted over production lines and cells in order to visually inspect products, read or direct products and guide robots in real time without operator intervention.

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Global machine vision market report is segmented on the basis of type, application, component, end-users and by regional & country level. Based on product type, global machine vision market is classified as the 1D, 2D, 3D and others. Based upon application, global machine vision market is classified into inspection, gauging, guidance, identification and others. Based upon component global machine vision market is classified into hardware and software. Based upon end-users global machine vision market is classified into automotive, electronics and semiconductor, healthcare, food and packaging and others.

The regions covered in this machine vision market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of machine vision is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Key Players for Machine Vision-

Some major key players for global machine vision market are Cognex Corporation, Vitronic GmbH, Perceptron, Inc., Microscan Systems, Basler AG (Germany.), National Instruments, Optotune AG, USS Vision, ViDi Systems SA, Keyence, Omron Corporation and others.

Global Machine Vision Market Dynamics –

The need for quality inspection and automation inside factories, growing demand for AI and IoT integrated systems that depend on machine vision, increasing adoption of Industrial 4.0 technology that uses vision to improve the productivity of robotic automation, and government initiatives to support smart factories across the globe are driving the machine vision market. According to the International Federation of Robotics (IFR), the global average for industrial robots per 10,000 manufacturing workers grew from 66 in 2015 to 85 in 2017. With integration of artificial intelligence and other improvements in robotics (e.g., better machine vision, better sensors, etc.), robotics promises to see significantly improved pricing and performance over the next decade. However, changing requirements of end-user and lacking flexible machine vision solutions are some of the major restraining factors that may hamper the growth of the market.

According International Federation of Robotics (IFR) in 2021, the annual number of robots supplied to factories around the world will reach about 630,000 units. In addition, the mature vision systems require the support from faster hardware, advanced PC-based vision systems and plug-in vision engines, which eventually ensure ease of use and deployment. Moreover, these will be permitting a real-time multitasking operating system, which allows deterministic performance in all image-acquisition, vision-processing and input/output operations. Custom vision-processing hardware also allows robust vision functionality, in less complex and lower cost configurations, closer to the manufacturing process. Moreover, the PCs running under the Microsoft Windows NT operating system are becoming a dominant platform for delivering factory-floor monitoring and control applications. However, the innovative technology that addresses current PC-based vision systems’ limitations includes next-generation, single-board, PC plug-in vision engines and powerful, component-based software environments for vision application development and deployment. Moreover, the integration of AI in machine vision coupled with the rising demand for the Miniaturization of cameras and processors is expected to provide lucrative opportunity for the grow market.

Global Machine Vision Market Regional Analysis –

North America is estimated to be the leading machine vision market during the forecast period. In addition, being the leader in technology development and high investment in the research and development for developing efficient manufacturing processes acts as a driver for the MV market in North America. According International Federation of Robotics (IFR) The U.S. had a stock of 0.49 robots per thousand workers in 1995, which rose to 1.79 robots per thousand workers in 2017.Furthermore; the increased focus on robotics has growth potential during the forecasted period. According to International Federation of Robotics (IFR) in 2017, the automotive industry remains the largest adopter of robots globally with a share of 33 percent of the total supply in 2017 sales increased by 22 % in 2020. Also, Asia Pacific market is expected to witness substantial growth over the next decade. This growth is witnessed in the wake of ample opportunities offered due to presence of large manufacturing hubs across the food and packaging, automotive, pharmaceutical, industrial, and consumer electronic sectors. China and Japan are prominent countries having the potential to offer extensive opportunities to emerging as well as mature technologies such as machine vision. Numerous manufacturing industries are contributing to the growth and prosperity of the region’s overall economic development.

Key Benefits for Global Machine Vision Market Reports–

Global Machine Vision Market report covers in depth historical and forecast analysis.

Global Machine Vision Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global Machine Vision Market report helps to identify opportunities in market place.

Global Machine Vision Market report covers extensive analysis of emerging trends and competitive landscape.

Global Machine Vision Market Segmentation

By Type

1D

2D

3D

Others

By Application

Inspection

Gauging

Guidance

Identification

Others

By Component

Hardware

Software

By End-user

Automotive

Electronics and Semiconductor

Healthcare

Food and Packaging

Others

By Regional & Country Analysis:

North America

U.S.

Canada

Europe

U.K.

France

Germany

Italy

Asia Pacific

China

Japan

India

Southeast Asia

Latin America

Brazil

Mexico

Middle East and Africa

GCC

Africa

Rest of Middle East and Africa

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Other Related Reports:

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https://www.globenewswire.com/news-release/2020/11/12/2125360/0/en/Home-Healthcare-Market-projected-to-exceed-293-6-billion-by-2026-Says-Brandessence-Market-Research.html

About Us:

Brandessence Market Research and Consulting Pvt. ltd.

Brandessence market research publishes market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students. We have a delivery center in Pune, India and our sales office is in London.

Contact us at: +44-2038074155 or mail us at sales@industrystatsreport.com

[sandlerresearch]

Pin Insertion Machine Market with COVID-19 impact analysis by Method (Manual, Semi-automatic, and Fully Automatic), Technology (Press-fit, Through-hole, and Surface-mount), Insertion Platform, Application, and Geography - Global Forecast to 2025 published on

https://www.sandlerresearch.org/pin-insertion-machine-market-with-covid-19-impact-analysis-by-method-manual-semi-automatic-and-fully-automatic-technology-press-fit-through-hole-and-surface-mount-insertion-platform-applica.html

Pin Insertion Machine Market with COVID-19 impact analysis by Method (Manual, Semi-automatic, and Fully Automatic), Technology (Press-fit, Through-hole, and Surface-mount), Insertion Platform, Application, and Geography - Global Forecast to 2025

“Recent innovations in sophisticated automotive electronics and the Increasing adoption of IoT-enabled connected devices to drive the pin insertion machine market.”

The global pin insertion machine market size is estimated to be USD 195 million in 2020 and is projected to reach 255 million by 2025, at a CAGR of 5.6% during the forecast period. The market has a promising growth potential due to several factors, including the increasing adoption of IoT-enabled connected devices, surging demand for data centers complemented by the outbreak of COVID-19, rising demand for flexible, cost-effective, and precise techniques for inserting connectors on PCBs, emerging trend of miniaturization of electronic devices, and recent innovations in sophisticated automotive electronics.

COVID-19 sent both demand- and supply-side shocks across the global economy. Leading pin insertion machine provider TE Connectivity (Switzerland) has incurred significant losses owing to the pandemic. The company reported a decline of approximately 15% in its half-year revenue as compared to the previous year.The automotive industry is severely impacted due to the coronavirus pandemic. After initial supply and manufacturing disruptions, the industry is now experiencing a demand shock with an uncertain recovery timeline. Also, consumers have reduced their spending on expensive products, such as premium smartphones, wearables, and smart home systems. This has resulted in a decline in the demand for pin insertion machines, further weakening the financial position of most of the key manufacturers.

“Automotive: The fastest growing application segment of the pin insertion machine market.”

With ongoing trends such as touch-free human–machine interfaces revolutionizing the automotive sector, there is a growing significance of connected cars. The introduction of technologies such as advanced driver assistance systems (ADAS), adaptive cruise control, and intelligent parking assistance systems demand printed electronic boards that have zero defects in their circuits. The miniaturization of electronic components and circuitry and the functional requirement for electronics to work reliably in harsh environmental conditions are generating significant demand for pin insertion machines in the automobile application.

“PCB: The largest growing segment of pin insertion machine market, by insertion platform.”

Based on the 2018 Cisco Global Cloud Index, the number of hyperscale data centers is expected to grow from 338 in 2016 to 628 by 2021. This increase in the number of data centers raises the need for electronic products such as LED monitors, touchscreen panels, and motherboard, which itself is a PCB (printed circuit board). These devices need high-accuracy PCB systems with reliable electrical connections. The pin insertion machine is widely used for press-fit technology in the PCB assembly line for high-speed, precise insertion of pins and to reduce the processing time. Moreover, with trends such as digitization and electronic mobility shaping the technological landscape, the demand for portable gadgets is increasing. These small-sized gadgets mandate the requirement for increased component density on PCBs, which contributes to the demand for pin insertion machines to facilitate efficient component assembly.

“APAC is projected to be the fastest growing geographical market between 2020 and 2025”

APAC is expected to grow at the highest CAGR between 2020 and 2025. The high growth rate of APAC is attributed to the growing adoption of connected devices and the increasing investments in semiconductor manufacturing during the forecast period. In the next decade, the South Korean government will invest nearly USD 1.3 billion in the next-generation Intelligent Semiconductor Technology Development Project for developing innovative technologies and creating manufacturing hubs for the development of next-generation chips, thereby creating new revenue pockets for pin insertion machine manufacturers.

Breakdown of profiles of primary participants:

By Company: Tier 1 = 30%, Tier 2 = 50%, and Tier 3 = 20%

By Designation: C-level Executives = 35%, Directors = 25%, and Others = 40%

By Region: North America – 40%, Europe– 25%, APAC – 20%, and RoW – 5%

Major players profiled in this report:

The pin insertion machine market is dominated by a few globally established players such as TE Connectivity (Switzerland), Autosplice (US), Eberhard (Germany), HARMONTRONICS (China), and UMG Technologies (US).

Research coverage

This research report segments the global pin insertion machine market based on Method (Manual, Semi-automatic, and Fully Automatic), Technology (Press-fit, Through-hole, and Surface-mount), Insertion Platform (PCB, Coil Frame, Lead Frame, Transformer, Plastic Connector, and Metal Component), Application (Telecommunications, Consumer Electronics, Aerospace & Defense, Automotive, Medical, Industrial, Energy & Power, and Others), and Geography (North America, Europe, APAC, and RoW).

The report also provides a comprehensive review of market drivers, restraints, challenges, and opportunities pertaining to the pin insertion machine market and also includes value chain. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall pin insertion machine market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

[shruticmi-universe]

ELECTRONICS ADHESIVES MARKET ANALYSIS

Electronics Adhesives Market, By Material Type (Silicones, Polyurethanes, Epoxies, Acrylics, Others), By Product Type (Electrically Conductive, Thermally Conductive, Ultraviolet Curing, Others), By Application (Conformal Coating, Encapsulation, Surface Mounting, Wire Tacking), and By Region (Asia Pacific, North America, Europe, Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027

Electronics Adhesives Market 2017–2027

Electronics adhesives are a type of glue that is used to assemble the electronic components as it offers high bond strength. Electronic adhesives provide fast cures and resistance to water and many other chemicals. Moreover, it has a low coefficient of thermal expansion, improve electrical and thermal conductivity. They can be used across Portable device materials solutions, wearable’s sealing and assembly, PCB assembly, circuit board protection, fingerprint sensor, image sensor, flat panel display, and automotive. Low temperature, fast cure liquids, reactive hot melts, light cure materials, 2K liquids, Polyurethane, Silicone, and Film are some of the type of electronic adhesives.

The global electronic adhesives market is projected to surpass US$ 14.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 12.1% during the forecast period (2019 to 2027).

Drivers

Growing IT infrastructure and connected devices especially in the Asia Pacific region is accelerating the market growth of electronics adhesives over the forecast period. According to the Tech Jury, and the global IoT market is forecast to be worth US$ 1.7 trillion in 2019 and there are expected to be more than 64 billion IoT devices worldwide by 2025. Therefore, growing IT infrastructure around the globe is projected to propel the market growth of Electronics adhesives over the forecast timeframe.

Growing usage of electronic components in the automotive industry to enhance the drivability and other related advantages such as vehicle safety is accelerating market growth. According to Coherent Market Insights analysis, the new concept of the X-by-wire system is drawing the attention of automobile makers. In the X-by-wire system, hydraulic or mechanical power systems are replaced by an electronics system, which utilizes sensors. The advent of such new electronic components in the automotive industry is projected to stimulate market growth. 

Geographically, Asia-Pacific dominated the global electronic adhesives market in 2018, reporting 62% market share in terms of revenue, followed by Europe and North America, respectively.

Figure 1. Global Electronic Adhesives Market, Revenue Share (%), By Region, 2018

Market Restraints

The high cost associated with the market penetration and testing procedures of electronic adhesive is estimated to impact the market growth to some extent in the near future. Electronics adhesives are majorly tested for their required properties such as strength, performance, and durability and these tests are performed through acoustic microscopy, gas chromatography, etc. which are expensive, thus hampering the market growth.

Strict government rules and regulations regarding VOC emission and promote sustainability is expected to restrict the market growth of electrical adhesive. According to the Coherent Market Insights analysis, China is a major producer of electronics adhesives, VOC regulations in the country are not as stringent as that of western countries. However, as a part of “Beautiful China”, the Chinese government is taking various initiatives to implement strict regulations against VOC emissions.

Market Opportunities

Growing focus of key end-user industries to develop compact miniature components for miniaturization of the final product is expected to offer potential growth opportunities to the market of electrical adhesives. Miniaturization of electrical devices such as mobiles and laptops has raised the usage of adhesives in encapsulation and conformal coating types of applications are further projected to augment the market growth of electronic adhesive over the forecast period.

The growing focus of adhesives manufacturers to develop a sustainable and eco-friendly product such as halogen-free, solvent-free, lead-free, and have low VOC content is expected to stimulate market growth over the forecast period. Moreover, shifting the focus of the manufacturer is trying to limit the usage of polyurethane are petroleum-based due to strict government rules and regulations is further anticipated to accelerate the market growth of electronic adhesive. 

Figure 2. Global Electronic Adhesives Market – Opportunity Analysis

Market Trends

Many manufacturers are following the trend of introducing novel electrical solutions in order to meet the rising demand around the globe is propelling market growth. For instance, in August 2016, Techsil announced an agreement to supply Canadian based M.G. Chemicals’ popular, high-performance range of adhesives, sealants, coatings, and cleaners to the UK’s electronics manufacturing sector. This adhesive is high quality and high-performance ideal solution for the electronics industry. Therefore, innovation in the electrical adhesive is augmenting the market growth over the forecast period.

The rising trend of adopting smart strategies such as merger and acquisition among major players in the electrical adhesive market in order to gain a competitive edge is propelling market growth over the forecast period. For instance, in March 2018, Chemence, Inc., a producer of specialized adhesives, sealants, and resins, acquired electronics adhesive business and technology of Georgia-based manufacturer Supreme Recourses, Inc.

Figure 3. Global Electronic Adhesives Market, Revenue Share (%), By Application, in 2018

On the basis of application, in 2018, surface mounting accounted the largest market share of 30% in terms of revenue, followed by conformal coating and encapsulation, respectively.

Figure 4. Global Electronic Adhesives Market – Value Chain Analysis

Competitive Section

Key players active in the global electronic adhesives market are Henkel AG & Co. KGaA, H.B. Fuller Company, 3M Company, Evonik Industries AG, Dymax Corporation, and Dow Corning

Few Recent Developments

Henkel

·         In July 2019, Henkel is to invest US$ 45 million in its Salisbury facility in Rowan County. The German chemical and consumer goods company will install updated equipment, which will include a new production line for UV Acrylic Adhesives used in tapes and labels within the packaging and other industries. The 825 Cedar Springs Road facility produces adhesive products that are suitable for various industries such as packaging, electronics, and consumer goods

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[ajjpatil]

Board Mount Humidity Sensors Market Seeking Growth Emerging Players (2019-2025) - Sensirion, Amphenol, Honeywell

Research Kraft recently introduced an in-depth study of the Global Board Mount Humidity Sensors Market, describing the product / industry scope and developing market outlook and status up to 2025. A comprehensive analysis collected to provide the latest insights into the Global Board Mount Humidity Sensors market's acute features. Board Mount Humidity Sensors Market explores the effective study of high-leading players in various sectors of industry such as opportunities, size, growth, technology, demand and trend. Board Mount Humidity Sensors also offers market-specific statistics on the state of suppliers, a valuable source of advice, guidance for businesses and those involved in the industry.

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Key Manufacturers Diagnosis:

Sensirion, Amphenol, Honeywell, Bosch, Sillicon Labs, TE Connectivity, Texas Instruments, STMicroelectronics, ALPS

The Market is Segmented by Product Type as Follows:

Analog Output

Digital Output

Breakdown Information by Application and Market Share and Growth, Covering:

Automotive

Aerospace & Defense

Textile industry

Others

Each geographic segment of the market was independently examined with pricing and analysis, distribution, and demand data for geographic market notably:

Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

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The Global Board Mount Humidity Sensors Market Research Report is a comprehensive market research report that includes an introduction to new trends that can guide businesses in the industry to understand the market and make the strategies for their business growth. The Board Mount Humidity Sensors research report looks at market size, industry share, key growth drivers, major segments, and CAGR. The Board Mount Humidity Sensors report will answer questions about current market advances and the competitive scope, opportunities, costs and more. The report also scrutinizes in-depth the key international players on the Board Mount Humidity Sensors market.

The latest advancements in the Board Mount Humidity Sensors industry and changing market trends are key drivers for huge growth. This study also lists the risk factors that will have a direct impact on the global Board Mount Humidity Sensors market in the coming years. The types, applications, and key regions of the revenue-generating Board Mount Humidity Sensors are assessed. This business report on Board Mount Humidity Sensors also analyzes the top countries with their market potential in those areas.

Highlights of the report:

Scrutinized driver data and restrictions affecting the Board Mount Humidity Sensors market's growth.

Provide insights into factors affecting growth in the market. Analyzing the Board Mount Humidity Sensors industry based on a variety of factors-price analysis, supply chain analysis, porter analysis of five powers etc.

Detailed analysis of the global Board Mount Humidity Sensors market's distribution channels, and consumption patterns.

Comprehensive market player assessment of Board Mount Humidity Sensors that includes strengths, weaknesses, opportunities and threats.

Extensive detail on recent Board Mount Humidity Sensors R&D ventures across different regions and end-use industries.

Updated insights into trends affecting the growth of the Board Mount Humidity Sensors market, including ecological preservation, and regulatory standards.

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[nicolasmatamoros6675]

Street Sweeper Market By Component, Deployment, Application and By End User With Forecast 2027

Global Street Sweepers Market – Introduction

A street sweeper is a machine which is used to clean roads, normally in urban areas and in industrial areas such as construction companies, ports, grocery markets, cement works, and airports.

The street sweeper is vacuum-powered, and collects litter or small amounts of leaves, grass clippings, garden debris, sticks, dirt, and gravel that passes under the vacuum head.

Street sweepers are suitable for outdoor and indoor areas as they have a powerful internal combustion engine and hydrostatic drive. It is also designed for fast removal of heavy debris from the streets.

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Global Street Sweepers Market – DynamicsKey Drivers of the Global Street Sweepers Market

Increasing development of road infrastructure, combined with advances in technology (mechanization) is set to fuel the growth of the global street sweepers market.

In addition, frequent strikes, high cost of labor, and the limited availability of human workforce across the globe is expected to enhance the demand for street sweepers over the forecast period 2019- 2027.

Municipal authorities and project developers across the world are looking for mechanized solutions to speed up the demand for street sweepers. This is expected to boost the growth of the street sweepers market.

Besides, industrial parks and integrated municipalities are a significant growth opportunity for the street sweepers market worldwide.

Residential and industrial development in developed and developing countries along with increasing awareness about cleanliness are the most important factors likely to drive the street sweepers market over the next few years.

Restraints of the Global Street Sweepers Market

Lack of awareness in small towns is expected to hamper the market growth over the forecast period. Additionally, high cost of the product is also a negative factor that can hinder the growth of the street sweepers market.

North America to Hold Significant Share of the Global Street Sweepers Market

North America is projected to hold a significant share of the global street sweepers market in the near future, due to improved road construction activities. This is expected to drive the market in the region during the forecast period.

Asia Pacific has been growing significantly over the last few years due to high investments by governments to promote rapid urbanization and industrialization in the region. This in turn is projected to promote growth of the street sweepers market in the region in the near future. In addition, China is a huge potential market due to the large population. Hence, the outlook for the street sweepers market in China is expected to be positive in the coming years.

The street sweepers market in Europe is anticipated to expand at a significant rate during the forecast period due to the high urbanization and standard of living in the region. This is expected to propel the street sweepers market in the region in the next few years.

Global Street Sweepers Market – Competitive Landscape

Companies operating in the street sweepers market are increasingly investing in research and development to develop new and innovative techniques to manufacture street sweepers.

Manufacturers are also focusing on offering highly efficient street sweepers with advanced technology, so as to maintain aesthetic and safety goals to remove large amounts of filth and garbage lining downtown city roads and streets.

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Key Players Operating in the Global Market

The global street sweepers market is highly concentrated, with top manufacturers accounting for approximately 35%–40% of the market share. Key players operating in the global street sweepers market are:

Aebi Schmidt Holding AG.

Alamo Group Inc.

Altra Industrial Motion Corp.

Boschung Group

Bucher(Johnston)

Cat Pumps

Dulevo S.p.A.

Elgin Sweeper Company

FUJIAN LONGMA ENVIRONMENTAL SANITATION EQUIPMENT CO.,LTD

Global Sweeper

Hako GmbH

Johnston Sweepers Limited

REV Group.

Ritchie Bros.

TENAX INTERNATIONAL s.r.l.

Tennant Company.

TYMCO Inc.

Global Street Sweepers Market – Research Scope

The global street sweepers market can be segmented based on:

Product Type

Sweeping Type

Application

Drive

Power Supply

Region

Global Street Sweepers Market, by Product Type

On the basis of product type, the global street sweepers market can be bifurcated into:

Compact Sweeper

Truck-mounted Sweeper

Other

Global Street Sweepers Market, by Sweeping Type

Based on sweeping type, the global street sweepers market can be categorized into:

Mechanical Broom Sweeper

Regenerative-Air Sweeper

Vacuum Sweeper

Global Street Sweepers Market, by Application

Based on application, the global street sweepers market can be categorized into:

Car parks

City centres

Roads

Heavy industry

Light industry

Indoor car parks

Outdoor car parks

Shopping centers

Global Street Sweepers Market, by Drive

In terms of drive, the global street sweepers market can be classified into:

Man on board

Walk behind

Global Street Sweepers Market, by Power Supply

On the basis of power supply, the global street sweepers market can be classified into:

CNG

Diesel

Electric

LPG

Manual

Petrol

Global Street Sweepers Market, by Region

Based on region, the global street sweepers market can be segmented into:

U.S.

Canada

Rest of North America

Germany

France

U.K.

Italy

Spain

Sweden

Russia & CIS

Rest of Europe

China

Japan

India

ASEAN

Rest of Asia Pacific

Brazil

Argentina

Rest of South America

GCC

South Africa

Rest of Middle East & Africa

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps

Insights and Tools based on data-driven research

Actionable Results to meet all the business priorities

Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America

Asia Pacific

Europe

Latin America

The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

[mandarworld]

Covid-19 Outbreak Impact on Surface Mount Technology Equipment Market: Recent Market Trends and Projected Market Size by 2020 – 2023

Market Overview

The Surface Mount Technology Equipment (SMT) Global Market is projected to earn USD 4 billion in earnings by 2022 while expanding at an 8 % CAGR in the coming years.

According to the exhaustive study conducted by Market Research Future (MRFR), the global surface mount technology equipment market has been estimated to witness increasing growth and is likely to attain USD 4 bn by the conclusion of the forecast period of 2016-2022.

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The market has been experiencing robust growth on account of the surging demand for smart gadgets coupled with the need for miniaturization of products offering higher accuracy. Gradual replacement of the conventional through-hole procedure followed by surface mount technology has been a developing trend in several countries. The trend is fueling the market growth substantially. Surface mount technology equipment finds wide application across different industry verticals which encompass the consumer electronics, automotive, aerospace, healthcare, and other industries. This advancement of the market is likely to drive the demand for surface mount technology to a large extent. The automotive industry is one of the vital end users of the surface mount technology equipment. Electric cars usually have a high number of electric elements as compared to traditional vehicles and surface mount technology equipment are very effective in handling the complicated electronics parts without any instances of malfunction. Therefore, the increasing automotive industry and spurring production of electric vehicles accelerate the growth of the surface mount technology market. Increased application of surface mount technology in consumer electronics for meeting the need for miniaturization and expansion in the electronics sector drives the market growth exponentially. Increasing need for printed circuit boards in smartphones and the smart card industry impacts the growth of the market positively. On the other hand, the surging cost of surface mount technology equipment is likely to restrict the market growth. Additionally, surface mount technology equipment is not appropriate for high voltage or high-power parts such as power circuit which too serves as a restraining factor for the market growth. All of these factors collectively is expected to help the market expand at 8% CAGR throughout the assessment period.

Key Players

Global surface mount technology market is dominated by key players such as CyberOptics Corporation (U.S.), Mycronic AB (Sweden), Fuji Machine Manufacturing Co., Ltd.(Japan), Orbotech Ltd. (Israel), Nordson Corporation (U.S.), Hitachi High-Technologies Corporation (Japan), and Assembly Systems (Germany).

Industry Updates

The leading Swedish company Mycronic that is known for supplying production equipment with high flexibility and precision to the electronics sector, is drawing increasing attention from customers owing to its new MYPro Line. It is an exhaustive SMT assembly solution designed for smart factory connectivity. It comprises 3D SPI, state-of-the-art jet printing, 3D AOI, intelligent storage solutions, and pick-and-place. With the introduction of MYPro line, users can achieve more profitable and flexible electronics production.

Market Segmentation

The global surface mount technology market is segmented based on end user industries, components, and equipment. Based on end use industries, the market is segmented into consumer electronics, telecommunication, medical, and automotive. Based on components, the market is segmented into transistor & diodes, integrated circuits, and passive surface mount devices. Based on equipment, the market is segmented into coating equipment, pick and place, cleaning agents, solder equipment, and repair and rework equipment.

Regional Analysis

Based on geography, the global surface mount technology equipment market is segmented into Europe, North America, Asia Pacific, and Rest of the World. Asia Pacific holds the highest share of the global market. Economies such as India, Japan, and China are leading the market on account of the availability of skilled labor in the region and the increasing penetration of high-tech devices which has a demand for miniaturization. Additionally, increasing demand for consumer electronics from the largely populated countries of China and India are also likely to fuel the market growth.

TABLE OF CONTENT

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure

2 Research Methodology

2.1 Research Network Solution

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

2.4.1 Market Data Collection, Analysis & Forecast

2.4.2 Market Size Estimation

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

3.5 Market Restraints

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LIST OF TABLES

Table 1 Surface Mount Tecnology Equipment Market, By Equipment

Table 2 Surface Mount Tecnology Equipment Market, By Components

Table 3 Surface Mount Tecnology Equipment Market, By End-User

LIST OF FIGURES

Figure 1 Research Network Solution

Figure 2 Surface Mount Tecnology Equipment Market: By Equipment (%)

Figure 3 Surface Mount Tecnology Equipment Market: By Components (%)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

[atomicjellyfishdelusion]

Low Voltage Switchgear Market to Witness over X.X% Growth 'in Revenue During the COVID-19 Pandemic

According to Stratistics MRC, the  Global Low Voltage Switchgear market  accounted for $ 27.73 billion in 2017 and is expected to reach $ 56.36 billion by 2026 growing at a CAGR of 8.2% during the forecast period. Some of the key factors such as favorable government rules towards the integration of sustainable energy resources across residential and commercial segments and rising expansion of micro-grid networks which provide the increasing off-grid energy demand are driving the market growth. However, the uncertain economic climate significantly affects the commercial and industrial segments and low-cost Chinese and South Korean products that challenge the overall business revenue act as the restraining factor for the market growth.

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LV Switchgear consists of low voltage circuit breakers, switches, off load electrical isolators, HRC fuses, earth leakage circuit breaker, miniature circuit breakers (MCB) and molded case circuit breakers (MCCB) etc i.e. all the accessories required to protect the LV system. The most common use of LV switchgear is in LV distribution board. They are used for electrical protection, local or remote switching and electrical isolation of the electrical installation, circuits or individual equipment. By Protection, Circuit Breakers segment is likely to grow due to its ability to reset in line with operational safety pose immense growth potential across networks having frequent current outages and faults. Furthermore, these units owing to their wide applicability across utility based and industrial installations will further augment the business scenario. By geography, North American low voltage Switchgear Market is likely to raise expenses towards infrastructural expansion all along with narrow measures across the isolated regions will expand this market in North America. In addition, considerable increase in power demand in line with growing concern toward the enhancement of conventional power grid will propel the industry scenario. Some of the key players profiled in the low voltage Switchgear Market include ABB Limited, Al Hassan Engineering Co. S.A.O.G., E + I Engineering Ltd., Eaton Corporation, Fuji Electric, General Electric, Hitachi Limited, Hubbell Power Systems, Hyosung Corporation, Hyundai Electric & Energy Systems, L&T Electrical and Automation, Lucy Electric UK Ltd., Mitsubishi Electric Corporation, Norelco Oy, Powell Industries, Schneider Electric, Siemens AG, Skema S.p.A., and START Electrical Switchgear Assembly LLC. Products Covered: • Withdrawable Unit • Stationary • Plug-in • Fixed Mounting Types Covered: • 6kV – 15kV • 28kV – 38kV • 1kV – 5kV • 1kv • 16kV – 27kV Rated Currents Covered: • 1001 to 5000 Ampere • ≤ 1000 Ampere • > 5000 Ampere

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Voltage Ratings Covered: • 251 to 750 Volts • ≤ 250 Volts •> 750 Volts Installations Covered: • Outdoor • Indoor Currents Covered: • Direct Current (DC) • Alternating Current (AC) Protections Covered: • Earth Leakage Circuit Breaker • High Rupturing Capacity (HRC) Fuses • Off Load Electrical Isolators • Fuse • Circuit Breakers Applications Covered: • Utilities • Substation • Sub Distribution • Steel Industries • Residential • Pulp And Paper • Power Factor Correction • Pharmaceuticals • Oil & Gas • Motor Control • Mining • Metallurgy • Infrastructure • Industrial • Food And Beverage • Electricity • Distribution • Commercial Buildings • Chemical • Data Center Regions Covered: • North America or US or Canada or Mexico • Europe or Germany or UK or Italy or France or Spain or Rest of Europe • Asia Pacific or Japan         or China         or India         or Australia   or New Zealand       or South Korea       or Rest of Asia Pacific     • South America or Argentina or Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country level segments - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic analysis: Drivers and Constraints , Product / Technology Analysis, Porter's five forces analysis, SWOT analysis etc. - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Free Customization Offerings: All the customers of this report will be entitled to receive one of the following free customization options: • Company Profiling or Comprehensive profiling of additional market players (up to 3) or SWOT Analysis of key players (up to 3) • Regional Segmentation or Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check) • Competitive Benchmarking Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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[atomicdinosaurdonut]

Global Automotive Connectors Market Size 2021 | Top Manufacturers, Key Players Analysis, Emerging Technologies and Forecast to 2023

Connectors refer to electromechanical components that are essential for connecting electrical circuits. Within the automotive industry, the connectors are used in the automotive-oriented equipment for connecting electrical devices and wires. The study conducted by Market Research Future (MRFR) has been published in the form of a market research report, which has suggested that the global automotive connectors market size is likely to expand at 8.5% CAGR during the forecast period. One of the most primary drivers of the global automotive connectors market include the rise in security needs in automobiles. These automotive electric connectors are used in most security systems in automobiles. Owing to the rise in the theft of automobiles, a spike in the need for security systems in the automotive is noted, which is one of the major contributors to the ascension of the global automotive connectors market.

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Further, a rise in the electrification of vehicles is also creating lucrative opportunities for the automotive connectors market over the forecast period. Lack of standard protocols, for the development of automotive connectors, has led to higher reliability and durability of connectors, restraining the demand for car wire connectors. Furthermore, lack of skilled personnel is also poised to pose as a challenge in the global automotive connectors market over the forecast period. Alternatively, ascension in demand for high-performance vehicles and autonomous vehicles are providing growth opportunities for the global market.

Market Segmentation

The global automotive connectors market is studied for various segments to gain a deeper perspective in the functioning of the market. This segmentation has been carried out by connection type, system type, application type, vehicle type, and region. Based on connection type, the global automotive connectors market is segmented into wire-to-wire, wire-to-board, and board-to-board. The wire-to-board segment is likely to garner the largest share of the global automotive connectors market over the forecast period. This can be attributed to the mounting demand for electric vehicle’s inverter and battery management system.

Based on system type, the global automotive connectors electrical market is studied for the segments of sealed and unsealed connector system. The sealed connector system segment is likely to account for the largest share of the market in the forthcoming years. This segment is also estimated to gain significant growth rate over the forecast period owing to a rise in the number of off-roading applications and commercial vehicles.

Based on application type, the global automotive connectors market is segmented into engine control and cooling system, body control and interiors, safety and security system, and others. Among these segments, the global automotive connectors market led by safety and security system market which is projected to account for the largest market size over the forecast period.

Based on vehicle type, the global automotive connectors market is segmented into passenger car and commercial car. The passenger car segment is expected to dictate the global automotive connectors market.

Detailed Regional Analysis

The global automotive connectors market is studied for the regional segments of North America, Europe, Asia-Pacific, and the rest of the world. Asia Pacific is estimated to spearhead the global automotive connectors market over the assessment period owing to the rising disposable income and the booming manufacturing of electric vehicles, especially in developing countries such as India and China.

Europe, on the other hand, is anticipated to witness a mounting stringency in government regulations regarding various safety concerns among consumers, which is likely to contribute to the growth of the regional automotive connectors market.

Key Players

Some prominent players prevalent in the global automotive connectors market include Connectivity (Switzerland), Delphi Automotive (UK), Yazaki Corporation (Japan), Sumitomo Electric (Japan), Japan Aviation Electronics Industry (Japan), Amphenol Corporation (US), Hirose Electric Co., Ltd (Japan), Hu Lane Associates Inc. (Taiwan), Korea Electric Terminal Co. Ltd (South Korea), and Kyocera Corporation (Japan).

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 Key Questions Addressed by the Report

What was the historic market size     (2020)?

Which segmentation (Product/     Capacity) is driving market?

What will be the growth rate by     2023?

How are the key players in this     market?

What are the strategies adopted by     key players?

TABLE OF CONTENTS

 1 EXECUTIVE SUMMARY

 2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

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 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com

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Ceramic Capacitor Market | Market Analysis Report (2019–2025)

The global ceramic capacitor market is projected to reach USD 15.88 billion by 2025, while actuating a CAGR of 5.4% during the forecast period. Increasing demand for solid state devices, advancements in material processing technology, and rising demand for consumer electronics are the factors driving the market growth. In addition, growing adoption of smartphones and tablets is further anticipated to augment the demand of the market. Besides, emergence of multilayer ceramic capacitor is projected to create a greater demand for ceramic capacitor over the forecast period. Also, the ongoing research and development activities to enhance the capacitive volumetric efficiency are estimated to increase the demand for ceramic capacitor market during 2019–2025.

Capacirtor is an electronic component that stores energy in the form of an electric field. Ceramic capacitor are non-polar in nature, i.e. ability to connect in any direction on the circuit board and uses ceramic as a dielectric. In addition, emergence of multilayer ceramic capacitor enables several performance advantages such as high capacitance & lower impedance, and compact size. Moreover, upsurge in demand for automotive and consumer electronics is estimated to create lucrative opportunities for the key players operating in the market. Besides, the trends of miniaturization along with increased reliability in many end-use applications is further expected to drive the market growth.

Key findings from the report:

The global ceramic capacitor market was valued at USD 10.85 billion in 2018, and is expected to reach USD 15.88 billion by 2025, and is estimated to augment at a CAGR of 5.4% during 2019–2025

Based on type, the multilayer ceramic capacitor is likely to emerge as the fastest growing segment over the forecast period, while actuating at the highest CAGR during the assessment year

Based on End-use, consumer electronics segment is accounted to hold the major market share in 2018, and is expected to retain its dominance over the forecast period. Growing demand for smart electronic devices is expected to fuel the demand for ceramic capacitors. In addition, automotive sector is likely to witness the highest CAGR over the forecast period.

Geographically, Asia-Pacific is likely to emerge as the fastest growing market for ceramic capacitors during the forecast period. The regional growth is attributed to the presence of emerging electronics manufacturing companies, and rising demand for multilayer ceramic capacitors.

Major players operating in the global ceramic capacitor market include: Murata Manufacturing Co., Ltd., Samsung Electro-Mechanics, TDK Corporation, Taiyo Yuden Co. Ltd., YAGEO Corporation, Walsin Technology Corporation, KEMET, Johanson Dielectrics, AVX Corporation, Vishay Intertechnology , Nippon Chemi-Con Corporation, and MARUWA Co., Ltd. among others.

Browse full research report with TOC on “Global Ceramic Capacitor Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2019–2025” at: https://www.energiasmarketresearch.com/ceramic-capacitor-market-report/

To purchase report: sales@energiasmarketresearch.com

The report segments the global ceramic capacitor market is segmented on the basis of type, application, end-use, and region.

By Type:

Ceramic Disc Capacitor

Surface Mount Multilayer Ceramic Capacitor (MLCC)

Feedthrough Capacitor

Others

By Application

Transmitter stations

Induction furnaces

High voltage laser power supplies

Power circuit breakers

Others

By End-Use

Consumer Electronics

Healthcare

Automotive

IT & Telecommunication

Energy and Power

Aerospace and Defence

Others

By Region

North America

U.S.

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific

Europe

United Kingdom

Germany

France

Italy

Rest of the Europe

Rest of the World (RoW)

Central & South America (CSA)

Middle East and Africa (MEA)