#Global Sensor Bearing Market Growth

[tmr-blogs2]

Ball Bearing Market to Attain a Valuation of USD 148.3 billion by 2031

The global ball-bearing industry generated US$ 63.7 billion in 2022. A CAGR of 10.0% is projected from 2023 to 2031, reaching US$ 148.3 billion during the forecast period. Due to Industry 4.0 principles and increased automation, precision bearings will be in high demand in robotics, CNC machines, and other automated systems. Sustainability and energy efficiency are becoming increasingly important to industries. Integrated sensors may make bearings more common in the future, enabling real-time equipment health monitoring. New technologies and aircraft designs may increase demand for advanced bearings in the aerospace and defence sectors.

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As long as industry players continue to invest in research and development, innovative bearing solutions will likely be developed that meet evolving industry needs. Changes in manufacturing standards, environmental impacts, and safety regulations may affect ball-bearing designs and production.

Key Findings of the Market Report

Based on product type, the deep groove segment is anticipated to drive ball-bearing demand.

In terms of type, mounted bearing is projected to drive ball bearing market growth.

A growing demand for metal ball bearings for automotive applications is likely to drive the market for ball bearings.

As the automotive industry grows, the ball bearings are expected to grow rapidly.

Ball-bearing demand is expected to be driven by direct sales in the near future.

Global Ball Bearing Market: Growth Drivers

The ball bearing market is closely tied to industrial activities, including automotive, manufacturing, machinery, and aerospace sectors. Ball bearings are in greater demand as these industries grow. The automotive industry largely uses ball bearings in engine, transmission, and suspension systems, among other applications. In emerging markets, especially, ball-bearing demand has grown significantly due to the automotive industry.

Economic development and globalization drive a growing number of manufacturing activities worldwide, increasing demand for machines and equipment incorporating ball bearings. Besides factories and production lines, this technology can also be applied to other processes. In addition to technological advances, the market also benefits from high-performance and customized ball bearings. Technological advances in materials, design, and lubrication drive industry adoption of ball bearings.

The demand for ball bearings in wind turbines has grown as renewable energy sources become more prevalent. Ball bearings play a key role in ensuring smooth operation and durability of wind turbine components. The ball-bearing market will see new opportunities as electric vehicles become more prevalent. Various components in an EV, including electrical motors and drivetrains, utilize ball bearings. Electrification is increasing the demand for ball bearings that are high quality, efficient, and specialized.

Global Ball Bearing Market: Regional Landscape

The Asia Pacific region will likely dominate the market in the next few years. Asia Pacific countries like Japan, China, and South Korea are particularly prominent as global manufacturing powerhouse. Manufacturing processes use large amounts of machinery and equipment that drive ball-bearing demand.

Ball bearings are a major component of the automotive industry in Asia Pacific. Due to the large production and sale of cars in countries like China and Japan, ball bearings are significantly affected. Developing countries like China and India are steadily progressing toward industrialization and urbanization, resulting in a growing demand for ball bearings in construction equipment and machinery.

With the growth of machines for construction and transportation, ball bearings have become increasingly popular in infrastructure projects. Asia Pacific is a major region for electronics and technology manufacturing. Many electronic components and machines use bearings, which is why bearings are in demand in the electronic industry. With solar and wind power becoming more popular, ball bearings are in high demand, especially in wind turbines.

Global Ball Bearing Market: Key Players

Key market players are involved in research and development, product expansion, and mergers and acquisitions. In addition to product development, marketing also involves the development of new products. It is highly competitive, with several international and regional companies operating in the market.

NSK Ltd.

Schaeffler AG

JTEKT Corporation

SKF

The Timken Company

MinebeaMitsumi Inc.

NTN Bearing Corporation

Danaher

RBC Bearings Incorporated

Rexnord Corporation

Other Key Players

Key Developments

In December 2023, KLX Energy Services (KLX), which provides onshore oilfield services, including completions, interventions, and productions, comes out with its VISION Suite that includes the OraclE Smart Reach Tool (SRT), the SpectrA PDC, and PhantM Dissolvables. There are fewer parts in the motor bearing pack than in a traditional ball bearing pack due to the design's use of PDC inserts.

In December 2023, ENERMAX detected higher-than-expected RMA (Return Merchandise Authorization) levels in the REVOLUTION D.F. 2 and REVOLUTION D.F. X product lines. With the new models, the fan bearing issue has been addressed by installing double ball bearings of industrial grade.  

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Global Ball Bearing Market: Segmentation

By Product

Deep Groove

Angular Contact

Four-point Contact

Self-Aligning

Others

By Type

Unmounted Bearing

Mounted Bearing

By Material

Plastic

Ceramic

Metal

Chrome Steel

Stainless Steel

Carbon Steel

Brass

Others

By End Use

Automotive

Construction

Aerospace

Power Transmission

Oil and Gas

Agriculture

Others

By Distribution Channel

Direct Sales

Indirect Sales

By Region

North America

Europe

Asia Pacific

Middle East & Africa

South America

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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[researchrealmblog]

Understanding the Mounted Bearing Market: Drivers, Challenges, and Opportunities

In 2023, the global mounted bearing market is valued at approximately USD 1,451.0 million. Forecasts suggest a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030, with the market projected to reach USD 2,122.1 million by 2030.

This growth is driven by the increasing adoption of mounted bearings across various sectors, particularly due to their cost-efficiency, durability, effectiveness, and minimal maintenance requirements. Key industries experiencing substantial growth include food and beverages, mining, automotive, aerospace, agriculture and fishery, pulp, pharmaceuticals, and chemicals.

In 2021, the U.S. food and beverage sector accounted for 16.8% of manufactured product sales and 15.4% of national employment. Within this sector, meat processing contributed 26.2% to sales, dairy 12.8%, beverages 11.3%, other food items 12.4%, and grains and oilseeds 10.4%.

Recent advancements in smart technology and digitalization are creating new opportunities in the mounted bearing market. AI-based sensors and IoT technology now enable real-time monitoring of bearings, providing valuable data on speed, rotational direction, vibrations, and temperature. This allows users to track the condition of bearings and prevent costly breakdowns.

Ball bearings are currently the most popular product type, holding approximately 65% of the market share and expected to remain dominant. Their popularity stems from their versatility, affordability, advanced sealing to prevent lubricant leakage and contamination, improved motor performance, and ease of maintenance. Ball bearings are widely used in rotary applications due to their low friction and smooth operation.

In 2023, conveyors represent the largest equipment segment, with a 25% market share. This is due to their extensive use in industries such as construction, manufacturing, paper, automotive, and mining. Conveyors are essential for transporting bulk materials, which drives demand for various types of bearings.

The Asia-Pacific (APAC) region leads the mounted bearing market, accounting for approximately 55% of revenue in 2023. This dominance is attributed to significant infrastructure upgrades to support population growth and a favorable economic climate for manufacturers in sectors like steel, cement, and metallic products.

Source: P&S Intelligence

[infiniteuptimeusa]

Predictive Maintenance as a Service for Cement Industry: An Overview

The cement manufacturing industry is one of the oldest and most critical manufacturing industries for the global civilization. It has witnessed unparalleled growth at the heart of most economic developments and international growth this decade. Fortune Insights report says, the global cement market will grow from $326.80 billion in 2021 to $458.64 billion in 2028, a steep 5.1% globally. It is then no wonder that cement plants face pressure for process and asset maintenance.

Predictive Maintenance checklist for cement industry:

Extractors: Used to Quarry the raw materials, i.e. limestone & clay

Crushers used to crush high rock piles into coarse powders called raw meal

Blenders & Mixers mix the crushed raw meal in the right proportions

Grinders to further grind the raw material to free different minerals in the ore

A rotary kiln where the raw meal is heated up to 1450 degrees & then cooled

Assembly belts & conveyors to carry the cement for packing & dispatching to customers

These processes & machines need to occur in tandem, without intervals, to create high-quality cement. Unplanned downtime in even one of these machines can unleash havoc on the ongoing process, not just endangering efficiency & quality but also health & safety of personnel on-site.

How can Predictive Maintenance as a Service help?

With the stakes so high and a constantly changing environment, real-time machine diagnostics are necessary to empower plant managers with the correct data. IIoT can enable this by enabling a 360-degree view of interconnected assets across the plant. Predictive maintenance as a service allows plant managers in cement managers to move away from reactive measures like reactive maintenance and preventive maintenance to a predictive one, where critical machines don’t have to be pulled down unless there is a specific anomaly. At a grass root level, predictive maintenance as a service by IU for cement plants can be implemented by putting sensors at strategic positions on the machines. Vibration analysis of mechanical equipment components like Air Compressors, Belt drives or Conveyors, Fans and blowers, Kiln rollers, Motor bearings & Vertical and horizontal mills can help predict anomalies. The Predictive Maintenance as a service solution by Infinite Uptime involves collecting data, analysis & computing of the triaxial vibrations, temperature and noise of the mechanical equipment on edge at real-time via a patented edge computing system. The data then is monitored & analyzed in real-time, and a machine health score is assigned. A machine with a lower health score is flagged to the plant supervisor or plant engineer with a diagnostic assessment of the probable cause for the anomaly and a recommendation on improving the same. Not just that, if not considered severe yet, but still significant; the fault is continuously monitored, with relevant parameters like temperature, vibration etc., to assure that it does not aggravate the status quo. This information can be made available in real-time to the appropriate people at their fingertips. An access-based dashboard ensures that you get access to the most relevant machine data for the plant from single machine access for a plant operator to multiple machines across the plant access for a plant head and a multi-plant machine score for a manufacturing head. Let’s look at a case study around how we helped a top Indian cement manufacturer reduce 250 hours of downtime.

To Know more about Predictive Maintenance Services in Cement Industry : https://www.infinite-uptime.com/predictive-maintenance-as-a-service-for-cement-industry-an-overview/

[credenceresearchdotblog]

The global demand for Lubricants was valued at USD 1,75,484.2 Million in 2023 and is expected to reach USD 2,39,166.9 Million in 2032, growing at a CAGR of 3.50% between 2024 and 2032.Lubricants play a crucial role in various industries, from automotive to manufacturing, ensuring the smooth operation of machinery and reducing wear and tear. The global lubricants market is a dynamic and rapidly evolving sector, driven by technological advancements, environmental regulations, and changing consumer preferences. This article explores the current state of the lubricants market, key trends, challenges, and future outlook.

Browse the full report at https://www.credenceresearch.com/report/lubricants-market

Market Overview

The global lubricants market is vast, encompassing a wide range of products including engine oils, hydraulic fluids, gear oils, and greases. According to recent reports, the market size was valued at approximately $123 billion in 2023 and is projected to grow at a CAGR of 2.5% from 2024 to 2030. The automotive sector remains the largest consumer of lubricants, accounting for nearly half of the total demand. Industrial applications, however, are gaining significant traction, driven by the growth of manufacturing and heavy machinery sectors.

Key Trends

1. Technological Advancements: Innovations in lubricant formulations are transforming the market. Synthetic lubricants, which offer superior performance compared to conventional mineral oils, are gaining popularity. These lubricants provide better thermal stability, reduced friction, and longer service life, making them ideal for high-performance engines and industrial machinery.

2. Environmental Regulations: Stringent environmental regulations are shaping the lubricants market. Governments worldwide are implementing policies to reduce carbon emissions and promote sustainability. As a result, there is a growing demand for eco-friendly lubricants that are biodegradable and have lower toxicity. Manufacturers are focusing on developing products that meet these regulatory standards without compromising performance.

3. Shift Towards Electric Vehicles (EVs): The rise of electric vehicles is impacting the lubricants market. Unlike internal combustion engine (ICE) vehicles, EVs require fewer lubricants. However, specialized lubricants are needed for components such as electric motors, bearings, and gearboxes. The transition to EVs is prompting lubricant manufacturers to innovate and develop new formulations to cater to this emerging market.

4. Digitalization and Industry 4.0: The adoption of digital technologies and Industry 4.0 principles is revolutionizing the lubricants market. Predictive maintenance, enabled by IoT and data analytics, is becoming a standard practice in industries. Smart lubricants, equipped with sensors, can monitor equipment performance in real-time and provide valuable data to optimize maintenance schedules and improve operational efficiency.

Challenges

1. Fluctuating Raw Material Prices: The lubricants industry heavily relies on petroleum-based raw materials. Volatility in crude oil prices can significantly impact production costs and profit margins for lubricant manufacturers. Finding alternative raw materials and improving supply chain resilience are essential to mitigate these risks.

2. Sustainability and Environmental Impact: Despite advancements in eco-friendly lubricants, achieving sustainability remains a challenge. The production, use, and disposal of lubricants can have environmental consequences. Manufacturers must invest in research and development to create sustainable products and adopt circular economy practices to minimize their environmental footprint.

3. Market Competition: The lubricants market is highly competitive, with numerous global and regional players vying for market share. Differentiating products through innovation, quality, and customer service is crucial to stay ahead in this competitive landscape. Additionally, strategic partnerships and mergers can help companies expand their market presence and enhance their product offerings.

Future Outlook

The future of the lubricants market looks promising, driven by technological advancements and evolving industry needs. The increasing adoption of synthetic and bio-based lubricants is expected to continue, supported by growing awareness of environmental sustainability. The rise of electric vehicles and Industry 4.0 will further stimulate innovation in lubricant formulations and applications.

Moreover, the Asia-Pacific region is anticipated to be a major growth driver for the lubricants market. Rapid industrialization, urbanization, and the expansion of the automotive sector in countries like China and India will boost demand. North America and Europe, with their focus on advanced manufacturing and sustainability, will also contribute to market growth.

Key Players

PetroChina Company Limited (China)

Chevron Corporation (U.S.)

ExxonMobil Corporation (U.S.)

Royal Dutch Shell Plc. (Netherlands)

Total Group (France)

BP plc (U.K.)

Valvoline LLC (U.S.)

ENEOS Corporation (Japan)

The FUCHS Group (Germany)

Global Lubricant Industry LLC (UAE)

Shield Lubricants (India)

AMALIE Oil Co. (U.S.)

Others

Segmentation

Type of Lubricant:

Mineral Lubricants

Synthetic Lubricants

Bio-based Lubricants

Greases

Solid Lubricants

Application:

Automotive Lubricants

Industrial Lubricants

Marine Lubricants

Aviation Lubricants

Rail Lubricants

Mining Lubricants

Construction Lubricants

Agricultural Lubricants

Base Oil Type:

Group I Base Oils

Group II Base Oils

Group III Base Oils

Group IV Base Oils

Group V Base Oils

End User:

Automotive Industry

Manufacturing Sector

Transportation and Logistics

Mining and Construction

Maritime Industry

By Region

North America

US

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

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[naveendsw]

Sensor Bearing Market Size, Share Growth and Report 2030

[spookysaladchaos]

Non-contact Bearing Torque Sensor, Global Market Size Forecast, Top 20 Players Market Share

Non-contact Bearing Torque Sensor Market Summary

A non-contact bearing torque sensor is a device that measures torque or twist on a rotating shaft without requiring physical contact. It operates based on magnetoelastic or magnetic field sensing. Non-contact bearing torque sensors do not use traditional methods such as strain gauges or mechanical linkages to measure torque, but instead use magnetic fields.

Non-contact bearing torque sensors offer several advantages over traditional torque measurement methods. They are free from friction, wear and mechanical hysteresis, ensuring accurate and reliable measurements over a long service life. In addition, they are not affected by radial and axial forces, making them ideal for applications where other loads may be present.

These sensors are widely used in various industries, including automotive, aerospace, robotics, manufacturing and research, where accurate torque measurement is critical for performance analysis, process control and quality assurance.

According to the new market research report "Global Non-contact Bearing Torque Sensor Market Report 2024-2030", published by QYResearch, the global Non-contact Bearing Torque Sensor market size is expected to reach USD 47 million by 2030, at a CAGR of 6.3% during the forecast period.

Figure.   Global Non-contact Bearing Torque Sensor Market Size (US$ Million), 2023-2030

Above data is based on report from QYResearch: Global Non-contact Bearing Torque Sensor Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Market Drivers:

Increased downstream demand is a major driving factor for the growth of the non-contact bearing torque market. With the development of industrial automation and smart manufacturing, there is growing need for real-time and accurate torque measurement. Non-contact bearing torque sensors can fulfill these demands, leading to widespread applications. Furthermore, the application areas of non-contact torque sensors are continuously expanding, including industries such as automotive, aerospace, energy, medical, robotics, which further market growth.

Restraint:

Compared to traditional torque sensors, non-contact bearing torque sensors have relatively higher manufacturing costs, which may limit the adoption by small and medium-sized enterprises. Additionally, the design and engineering complexity of non-contact bearing torque sensors require a high level of technical expertise, which can be a hindrance to market development.

Opportunity:

With the rapid development of emerging fields such as renewable and electric vehicles, there is an increasing demand for high-precision and highability torque measurement, providing opportunities for non-contact bearing torque sensors. Additionally, non-contact dynamic torque sensors are developing towards miniaturization, digitization, and intelligentization, transitioning from single-function to multi-function capabilities.

Figure.   Global Non-contact Bearing Torque Sensor Top 20 Players

Above data is based on report from QYResearch: Global Non-contact Bearing Torque Sensor Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

This report profiles key players of Non-contact Bearing Torque Sensor such as FUTEK Advanced Sensor Technology, Inc., Magtrol, Lorenz Messtechnik, Sensor Technology Ltd, NCTE AG, TE Connectivity, burster, BCM SENSOR, N-GINERIC, Honeywell, A&D Company, HBM Test and Measurement, Mountz Torque, Schaeffler Technologies AG & Co. KG, UNIPULSE Corporation, Hefei Natural Intelligent Technology, Changzhou Right Measurement and Control System, Shenzhen XJCSENSOR Technology, S. Himmelstein and Company, MinebeaMitsumi.

In 2023, the global top five Non-contact Bearing Torque Sensor players account for 25% of market share in terms of revenue.

About The Authors

Tingyue Chen

Email: chentingyue@qyresearch.com

QYResearch Guangzhou Branch Analyst, as a member of the QYResearch Machinery Manufacturing Department, her main research directions are engineering machinery, electrical machinery, industrial robots and other fields. Some subdivided research topics include industrial heat treatment equipment, farm robots, X-ray fluoroscopy systems, etc. She is also engaged in the development of market segment reports and participates in the writing of customized projects.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[imarcmarketreport]

Ball Bearing Market Growth, Share, Trends and Opportunity 2024-2032

IMARC Group's report titled "Ball Bearing Market Report by Application (Automobile, General Engineering, Mining and Construction, Railways, Aerospace and Shipping, Agriculture, and Others), and Region 2024-2032", offers a comprehensive analysis of the industry, which comprises insights on the global ball bearing market trends. The global ball bearing market size reached US$ 43.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 62.0 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/ball-bearing-market/requestsample

Factors Affecting the Growth of the Ball Bearing Industry:

Demand in the Wind Energy Sector:

The increasing shift towards renewable energy sources is leading to investments in wind power, which relies heavily on ball bearings for turbine operation. These bearings are critical in wind turbines for blade pitch and yaw mechanism control and in gearbox and generator applications. Additionally, the growing commitment of various countries to reduce carbon emissions and increase renewable energy capacities is catalyzing the demand for high-quality and durable ball bearings. Moreover, technological advancements in turbine design, aiming for higher efficiency and longer service life, are driving the need for specialized ball bearings in this sector.

Advancements in Bearing Technologies:

Technological advancements in bearing design and materials are supporting the market growth. The development of bearings with enhanced performance capabilities, such as higher load-bearing capacity, reduced noise levels, and increased energy efficiency, caters to a wide range of industrial applications. Innovations like sensor-equipped bearings, which provide real-time monitoring of performance and maintenance needs, are becoming popular in predictive maintenance regimes. Additionally, advancements in materials science are resulting in the creation of bearings with superior properties, including ceramic ball bearings, which offer reduced friction, higher temperature resistance, and longer service life compared to traditional steel bearings. These technological developments not only extend the application range of ball bearings but also improve their operational efficiency.

Demand in the Automotive Industry:

Automotive manufacturers are focusing on enhancing vehicle performance, lifespan, and energy efficiency, which is catalyzing the demand for high-quality ball bearings. These components are essential in various automotive applications, including engines, transmissions, and wheel hubs. Additionally, the rising popularity of electric vehicles (EVs) that require specially designed bearings for electric motors and other components, distinct from those used in traditional internal combustion engine vehicles is supporting the market growth. Furthermore, the focus on reducing carbon emissions is leading to higher production of EVs, thereby catalyzing the demand for ball bearings.

Leading Companies Operating in the Global Ball Bearing Industry:

NTN Corporation

Timken

JTEKT

SKF

Schaeffler Group

Ball Bearing Market Report Segmentation:

By Application:

Automobile

General Engineering

Mining and Construction

Railways, Aerospace and Shipping

Agriculture

Others  

The automobile holds the biggest market share as ball bearings play an essential role in various vehicle components, such as wheels, transmissions, and engines.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific dominates the market, driven by the extensive manufacturing activities and the presence of major automotive and industrial sectors in the region.

Global Ball Bearing Market Trends:

The growing trend of miniaturization and the development of lightweight ball bearings is offering a favorable market outlook. This trend is driven by industries, such as aerospace, medical devices, and robotics, where space constraints and weight reduction are critical factors. Miniature bearings are employed in applications like small electric motors, dental drills, and precision robotics. Manufacturers are innovating in materials and design, utilizing advanced alloys and engineering plastics to produce bearings that meet these stringent requirements without compromising on durability or load-bearing capacity.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US

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Tel No:(D) +91 120 433 0800

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[adityarana1687-blog]

Automotive Lighting Market Is Anticipated To Attain Around $34.65 Billion By 2030

The automotive lighting market is anticipated to reach USD 34.65 billion by 2022. Strict government policies and rising safety concerns are likely to propel growth over the forecast period. In addition, growing consumer awareness concerning the significance of adaptive lighting including dynamic bend light and a glare-free high beam is also expected to have a positive impact on the exterior lighting market. 

Increasing apprehensions about using energy-efficient methods coupled with rising consumer disposable income are expected to drive the industry. In addition, growing demand for vehicles and technological advancements in the automotive industry is expected to propel utilization. Attractive growth opportunities for new entrants are expected in the industry owing to the growing number of total vehicles purchased y-o-y across BRIC nations. However, there is a need for legislative authorities to collaborate with light sourcing technology suppliers to develop flexible design techniques. 

THE Automotive LED market is estimated to demonstrate considerable growth at a CAGR of over 12.0% from 2015 to 2022. Halogen lights contributed to over 66.0% of overall industry revenue in 2014, followed by LED and xenon. It has gained prominence on account of easy availability, low purchasing costs, and low replacement costs. However, rising fuel prices are expected to pose a threat to the industry. 

Asia Pacific automotive lighting market, by technology, 2012 - 2022 (USD Million)

To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/automotive-lighting-market

The increase in demand for eco-friendly LED technologies on account of high efficiency, reduced CO2 levels, and high power, is expected to propel growth. Companies have been trying to develop eco-friendly LEDs to promote product differentiation and strengthen their global foothold. LEDs are used in daytime running lights (DRL), parking light, brake lights, and turning lights. LEDs are preferred over xenon and halogen lights owing to optimum light-bearing capacities and improved design, which lead to increased shelf life. 

The adaptive headlight is an active safety feature that is intended to enhance the drivers’ visibility in poorly illuminated areas. It encompasses functionalities including automatic rotation which can sync with sensors and adjust brightness and intensity of light. The front lighting segment accounted for over 70.0% of the total revenue in 2014 owing to the availability of advanced features including automatic rotation which can sync with automatic brightness modules and sensor response. Extreme climatic conditions in Europe and North America are expected to trigger demand for fog lights over the forecast period. 

The automotive lighting industry in Asia Pacific is estimated to grow at a CAGR of over 8.0% and acquire a market share of about 45.0% over the forecast period. The continuous expansion of suppliers coupled with a vast production base is expected to position this region as the market leader. Countries including India, Japan, and China account for the major production base for vehicles globally, thus offering extensive growth opportunities. 

Key companies including Hella KGaA Hueck & Co., Koito Manufacturing Co., Magneti Marelli S.p.A and Valeo. Vendors usually employ the strategy of new product development and mergers & acquisitions to enter new markets. The introduction of low-cost LEDs and energy-efficient alternatives is foreseen as a cost-effective strategy for the industry.

Grand View Research has segmented the automotive lighting market on the basis of technology, application, and region:

Automotive Lighting Technology Outlook (Revenue, USD Million, 2012 - 2022)

Halogen

Xenon

LED

Automotive Lighting Application Outlook (Revenue, USD Million, 2012 - 2022)

Front/headlamps

Rear

Side

Interior

Automotive Lighting Regional Outlook (Revenue, USD Million, 2012 - 2022)

North America

Europe

Asia Pacific

RoW

[generalmarketresearch-blog]

Optical Ground Wire Market to Get Explosive Growth

Latest Global Optical Ground Wire Market study with 100+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2030. A significant region that is speeding up marketization is used to split the market study. Some of the leading players covered such as Fujikura, ZTT, Tongguang Cable, Shenzhen SDG, Furukawa, LS Cable, Taihan, Sichuan Huiyuan, Elsewedy Cables, Tratos, J-Power Systems.

Download Sample Report PDF (Including Full TOC, Table & Figures) 👉 https://www.htfmarketintelligence.com/sample-report/global-optical-ground-wire-market

According to HTF Market Intelligence, the Global Optical Ground Wire market to witness a CAGR of 4.09% during forecast period of 2024-2030. The market is segmented by Application (Central Tube Structure, Layer Stranding Structure) by Type (CMOS Image Sensors, EM-CCD Image Sensors, CCD Image Sensors) by Distribution channel (OEMs, Aftermarket) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Optical Ground Wire market size is estimated to increase by USD 175.09Million at a CAGR of 4.09% from 2024 to 2030. The report includes historic market data from 2021 to 2024E. Currently, market value is pegged at USD 644.5Million

Definition:

OPGW (Optical Ground Wire) is primarily used by the electric utility industry, placed in the secure topmost position of the transmission line where it “shields” the all-important conductors from lightning though providing a telecommunications path for internal as well as third party communications. It is designed to swap the traditional shield or earth wires on overhead transmission lines with optical fibers which can be used for telecommunications purposes. It is capable of bearing the mechanical pressures that are applied to overhead cables by environmental factors such as wind and ice and it also handle electrical faults on the transmission line by providing a track to ground without damaging the sensitive optical fibers inside the cable. The OPGW cable are placed at the ends of high-voltage towers, it safeguards the high-voltage conductors from lightning strikes and its conductive part serves to bond adjacent towers to earth ground. Market Trends:

Increasing Adoption of OPGW Cables by Electric Utility Companies

Development of Smart Energy Management Systems

Market Drivers:

High Demands for Efficient Electricity and High-Speed Internets

Growing the Transmission and Distribution Channel

Market Opportunities:

Increasing R&D Investments for Strengthening Infrastructures

Optical Ground Wire Market Competitive Analysis:Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue. Have a question? Market an enquiry before purchase @ https://www.htfmarketintelligence.com/enquiry-before-buy/global-optical-ground-wire-market

Players Included in Research Coverage: Fujikura, ZTT, Tongguang Cable, Shenzhen SDG, Furukawa, LS Cable, Taihan, Sichuan Huiyuan, Elsewedy Cables, Tratos, J-Power Systems

Additionally, Past Optical Ground Wire Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered. Segmentation and Targeting: Essential demographic, geographic, psychographic, and behavioral information about business segments in the Optical Ground Wire market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns. Optical Ground WireProduct Types In-Depth: CMOS Image Sensors, EM-CCD Image Sensors, CCD Image Sensors Optical Ground Wire Major Applications/End users: Central Tube Structure, Layer Stranding Structure Optical Ground Wire Major Geographical First Level Segmentation:

• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

• North America (U.S., Canada, and Mexico)

• South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (Saudi Arabia, UAE, South Africa) Buy Now Latest Edition of Optical Ground Wire Market Report 👉 https://www.htfmarketintelligence.com/buy-now?format=3&report=1993

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The Latin America mining equipment is receiving major impetus from rising investments in the regional mining industry. Low mining taxes and availability of cheap raw materials are also complementing market growth.  High influx of foreign investments in the mining sector is turning Latin America into a gold mine of opportunities. Favorable mining legislatures are encouraging investments, thereby, generating new revenue pockets for market players. Augmenting demand for safer mining methods is triggering subsequent developments in the market. This study further states that adoption of mining equipment will remain prominent in metal ore mining applications. Manufacturers to go Green The mining equipment market in Latin America is evolving with the surging adoption of eco-friendly technology in various mining operations. Influenced by government regulations, players are turning to sustainable methods such as corporate social responsibility (CSR) activities to attract a larger customer base as well as ensure outsized returns. CSR activities majorly focus on support and rehabilitation programs, promotion of healthy lifestyle and awareness programs for adoption of green technology. Such green initiatives are influencing manufacturers to channelize their resources to developing high-performance mining equipment. Download Sample Copy of Report @  https://www.futuremarketinsights.com/reports/sample/rep-LA-68 Latin America Mining Equipment Market – Growth Challenges The Latin America mining equipment market is facing challenges in terms of security infrastructure. Inefficient infrastructure is bringing the import and export of mining equipment to risk, thus discouraging market participation. Furthermore, illegal mining activities at certain locations and risks associated with the mining industry are hindering the adoption of mining equipment in Latin America. Chile and Brazil to Represent Market in Latin America A major market demand arises from leading copper-producing regions, Chile, and Brazil. Amongst both, Brazil will acquire a significant market position on the back large mineral reserve and the presence of advanced technologies. Highly integrated production and sales infrastructure of mining equipment also acts in favor of its market growth. Chile also will generate substantial growth opportunities for manufacturers with growing investments in its mining sector. The huge untapped mining potential of Latin America is attracting new market players, generating white growth spaces for the mining equipment manufacturers. Latin America Mining Equipment Market – Competition Landscape Companies across the globe are investing in Latin America to reap the benefits of abundant mineral reserves and cheap labor. Globally established corporations are collaborating with regional market players to expand their regional presence. To attain market lead, competitors are introducing advanced products in the market with better operational efficiency. For instance, ABB Ltd. is launching an ability smart sensor for better assessment of mounted bearing in material handling equipment. To resonate with the sustainability trend, market competitors are developing eco-friendly equipment. Moreover, manufacturers are striving to achieve the aspects of optimum fuel consumption and easy maintenance. Komatsu Ltd., for instance, is launching its autonomous haulage system (AHS) with an aim to reduce emissions. Bucyrus International. Latin America Mining Equipment Market – Segment Analysis

[sonali2345]

Sealed for Success: Exploring Growth Avenues in the Bearing Isolators Market 

The bearing isolators market is on an upward trajectory driven by the surging demand for isolator solutions. Bearing isolators, characterized by their non-contact, wear-free, and permanent design, serve as essential protective devices for bearings. Operating as a cohesive unit, the rotor and stator remain connected during equipment operation, ensuring the prevention of separation.

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This ingenious mechanism involves the stator being pressed into the bearing seat, effectively engaging with the rotating shaft. Together, these components collaborate to safeguard bearings from contamination, effectively excluding grease and impurities. Unlike traditional methods, bearing isolators operate without requiring lubrication or a finished shaft. Predominantly crafted from bronze, these isolators leverage a vapor barrier function, facilitating unhindered transmission of vapor contaminants when the system is in motion. This innovation supersedes past measures like lip seals and mechanical seals, which were previously utilized to safeguard bearings in industrial systems but were often temporary and inconsistent in protecting heavy-duty equipment. 

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Exploring Market Dynamics and Structure 

The expansion of bearing isolator production is extending beyond projected timelines, driven by the widespread recognition of the product's merits. Its burgeoning popularity spans industries such as oil & gas, manufacturing & processing, mining, pulp & paper, and chemical treatment. 

Navigating the COVID-19 Impact 

Since its emergence in early 2020, the global spread of COVID-19 has had far-reaching consequences. The disease has impacted millions and prompted significant economic disruptions, leading to bans and operational halts across major economies. Both life support and bearing isolator industries faced substantial setbacks. Nevertheless, gradual recovery is being achieved worldwide through the strategic integration of technology. As the pandemic endures, bearing isolator market players are working to mitigate the decline and are focused on restoring regular operations. 

Influential Factors Shaping the Market 

Rapid industrialization is poised to propel profitable market growth in the forthcoming years. The anticipated upswing in lubricant demand is expected to drive the need for bearing isolators. These innovative solutions play a pivotal role in minimizing downtime and replacement costs, further fueling demand. Moreover, the surge in demand for protection against machine rust is predicted to drive bearing isolator production. However, factors like escalating speed sensor costs and product price fluctuations are hindrances to market expansion. 

Emerging Trends in the Market 

The market is witnessing a flurry of new product launches, a strategy embraced by bearing isolator companies to enhance their offerings. Modern bearing isolators efficiently collect grease splashes within their labyrinth components. The Asia-Pacific region's industrialization surge is poised to bolster the bearing isolator market in the near future. The appeal of bearing isolators is magnified by their extended lifespan and cost-effectiveness compared to traditional lip and mechanical seals. These factors collectively contribute to the market's growth. The indispensable role of industrialization globally, coupled with the demand for machine lubricants, positions bearing isolators as a pivotal component in the lubrication process, further driving market expansion. Furthermore, the introduction of high-speed, high-precision, and high-torque bearing isolators creates exciting opportunities for major players in this arena. 

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Key Report Highlights 

Bearing Isolators Market Snapshot 

Material Types 

End User Industries 

Regions Covered 

[amrtechnology]

Predictive Maintenance Market 2023: Industry Sees Promising Growth by 2027

According to the report published by Allied Market Research, The Predictive Maintenance Market 2023: Industry Sees Promising Growth by 2027. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Increase in investment on predictive maintenance and surge in need to extend lifetime of aging assets drive the growth of the global predictive maintenance market. On the other hand, lack of skilled staff and several data privacy & security concerns impede the growth to some extent. However, integration of predictive maintenance with IIoT, use of machine learning, rise in the drift of real-time condition monitoring to assist in taking prompt actions, and increase in need for remote monitoring are expected to create lucrative opportunities in the industry.

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The global predictive maintenance market size was valued at USD 4,331.56 million in 2019, and is projected to reach USD 31,965.49 million by 2027, growing at a CAGR of 28.8% from 2020 to 2027.

The global predictive maintenance market is segmented on the basis of component, deployment, technique, stakeholder, industry vertical, and region. By component, it is bifurcated into solution and service. According to deployment, it is classified into cloud and on-premise. Further, by technique, it is divided into vibration monitoring, electrical testing, oil analysis, ultrasonic leak detectors, shock pulse, infrared, and others. By stakeholder, it is classified into MRO, OEM/ODM, and technology integrators. On the basis of industry vertical, it is classified into manufacturing, energy & utilities, aerospace & defense, transportation & logistics, government, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Based on component, the solution segment accounted for more than two-thirds of the global predictive maintenance market share in 2019 and is anticipated to retain its dominance by 2027. Companies are looking for all-inclusive development solutions which integrate hardware sensor board and software environment created precisely for predictive maintenance requirements, which drives the segment growth. The services segment, on the other hand, would register the fastest CAGR OF 31.4% from 2020 to 2027. This is attributed to the fact that companies are trying to achieve profit by implanting predictive analytics into their products and offering better maintenance services.

Based on technique, the vibration monitoring segment contributed to nearly one-fourth of the global predictive maintenance market revenue in 2019 and is projected to dominate by the end of 2027. The need for parts to be ordered more effectively increases the demand for this technique, thereby boosting the segment growth. Simultaneously, the shock pulse segment would manifest the fastest CAGR of 31.4% throughout the forecast period. Shock pulse technique specializes in defining precise information on the mechanical condition of the bearing surfaces along with the state of lubrication on the bearing. This factor drives the growth of the segment.

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Based on region, North America held the major share in 2019, garnering more than one-third of the global predictive maintenance market, owing to the presence of a large number of solution and service vendors in this region. At the same time, the market across Asia-Pacific would cite the fastest CAGR of 30.3% from 2020 to 2027, due to rapid industrialization in this province.

The key players operating in the global predictive maintenance market analysis include IBM Corporations; Microsoft; SAP SE; General Electric; Schneider Electric; Hitachi; PTC; Software AG; SAS; Engineering Consultants Group, Inc.; Expert Microsystems, Inc.; SparkCognition; C3.Ai; Uptake Technologies Inc.; Fiix Inc.; Operational Excellence (Opex) Group Ltd, TIBCO Software Inc.; Asystom; Reliability Solutions Sp. zo.o. and Sigma Industrial Precision.

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Impact of Covid-19 on Predictive Maintenance Market:

Shortage of employees, disrupted supply chain, and increase in demand for various goods during the pandemic prompted organizations to take special care of their manufacturing equipment to escalate the output. This, in turn, led to a rise in demand for predictive maintenance solutions across the globe.

Many enterprises have started using smart sensors, artificial intelligence systems, and other IIoT solutions to keep a tab on the efficiency of vital machinery used in their  manufacturing procedure to evade costly production downtimes.

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Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.    If you have any special requirements, please let us know and we will offer you the report as per your requirements.    Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

About Us:    Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.    AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur’s stakeholder’s researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

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Ultrasound Imaging Devices Market Projected to Reach USD 9.20 billion in 2030

Ultrasound Imaging Devices Market, By Array Format (Phased Array, Linear Array, Curved Linear Array and Others), Application (Radiology/General Imaging, Obstetrics and Gynecology, Cardiovascular, Gastroenterology, Vascular, Urological, Orthopedic and Musculoskeletal, Pain Management, Emergency Department, Critical Care and Others), Device Display (Colour Ultrasound Devices and Black and White (B/W) Ultrasound Devices), Device Portability (Trolley/Cart-Based Ultrasound Devices, Compact/Handheld Ultrasound Devices, Stationary Ultrasound Devices and Point-of-Care Ultrasound Devices), Technology (Diagnostic Ultrasound and Therapeutic Ultrasound), , End User (Hospitals, Surgical Centers, Research and Academia, Maternity Centers, Ambulatory Care Centers, Diagnostic Centers and Others), Distribution Channel (Direct Tender, Third Party Distributors and Retail Sales) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Market Overview

The global Ultrasound Imaging Devices market size was estimated at USD 5.90 billion in 2023 and is projected to reach USD 9.20 billion in 2030 at a CAGR of 5.72% during the forecast period 2023-2030.

Ultrasound is a type of medical imaging technique. If the lungs and the mucous membrane surrounding the lungs are completely or partially filled with fluid, the bones, the lungs and the mucous membrane surrounding the lungs can be visualized with ultrasound. Ultrasound is usually used to monitor fetal development during pregnancy, but it can also be used to image the heart, arteries, thyroid, brain, eyes, abdominal organs, breasts, skin and muscles. Ultrasound images can be seen in two, three or four dimensions. Doppler and color Doppler ultrasound are two types of functional ultrasound that are used to measure and visualize blood flow in the arteries of the body, including the heart.

Urological health care procedures are growing rapidly worldwide. The increase in medical procedures related to kidney, ureter, bladder, urethra, prostate and reproductive health fueled the growth of ultrasound imaging devices. The increasing adoption of advanced technologies in these medical systems further improves their efficiency in healthcare processes. Recent developments, increased investment in the Point of Care segment with PDAs have increased the scope of these systems in primary care, EMS, anesthesia, etc. These factors contribute to the growth of the market. Recalls of devices due to faulty functions are a hindering factor for the market growth. Additionally, lack of trained technicians will limit growth opportunities during the forecast period.

The impact of COVID-19 on the market was moderate. Turnover was negatively affected by the decrease in the production volume of medical devices. Restrictions on movement, closure of various facilities and disruption of the supply chain have created a challenge for the market. In addition, the market has been hampered by the shift of focus away from non-essential medical processes. The demand for ultrasound equipment has also decreased, as the use of the imaging system has decreased due to the lack of first aid. However, the post-pandemic period is expected to bring the market back on track.

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Delvens Industry Expert's Standpoint

The pandemic had a considerable impact on businesses globally, with nations like India and China bearing the brunt of the virus's outbreak. The pandemic had a mild impact on the ultrasound imaging devices market. Ultrasound imaging equipment can be used for both diagnostic and therapeutic purposes. Ultrasound has grown in popularity in various therapeutic applications, including cardiology and oncology. Expanding applications of ultrasound devices in shear wave elastography, 3D imaging, wireless sensor development, CT/MR fusion, application-based ultrasound and laparoscopic ultrasound will soon occupy the industry. The increase in demand for ultrasound equipment is also due to the increase in demand for healthcare services such as increased patient visits, surgeries and hospitalizations. The increase in the  number of elderly people suffering from chronic diseases has increased the demand for medical imaging devices. In addition, in the last decade, the field of use of ultrasound technology has expanded to gastroenterology, surgery and musculoskeletal, which were previously limited to radiology, gynecology, obesity, etc. These factors have led to the expansion of the market and increased demand for Ultrasound Imaging Devices solutions.

Key Findings

The Application segment is further fragmented into Radiology/General Imaging, Obstetrics and Gynecology, Cardiovascular, Gastroenterology, Vascular, Urological, Orthopedic and Musculoskeletal, Pain Management, Emergency Department, Critical Care and Others. The Radiology/General Imaging segment is expected to account for a larger market size during the forecast period. The Radiology and General Imaging segment is growing due to factors such as rising cancer prevalence in major countries, growing market availability as well as physician preference for HIFU in cancer treatment, technological advancements in ultrasound-based diagnosis and treatment, increasing use of ultrasound in cancer diagnosis and tissue biopsy, and rising adoption of focused ultrasound in disease therapies.

The Device Display segment is further bifurcated into Colour Ultrasound Devices and Black and White (B/W) Ultrasound Devices. The Colour Ultrasound Devices is the largest market during the forecast period as devices having features such as auto colour & Doppler and auto image optimization need a colour display.

The End-User segment is further bifurcated into Small and medium-sized enterprises and large enterprises. Hospitals segment to account for a larger market size during the forecast period. The high market share of this segment can be ascribed to a growing number of ultrasound-based medical procedures conducted in Hospitals, as well as the expanding number of Hospitals in major markets and the increased acceptance of minimally invasive diagnostic and surgical procedures in these facilities.  

The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period because of the strong base of healthcare facilities, widespread utilization of medications, increase in the expenses in the health care, rapid increase in the prevalence of kidney stones, high adoption of ultrasound imaging devices across well-equipped healthcare facilities and rising number of research activities in this region.  

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Regional Analysis

North America to Dominate the Market

North America is estimated to account for the largest market share during the forecast period because of the strong base of healthcare facilities, widespread utilization of medications, increase in the expenses in the health care, rapid increase in the prevalence of kidney stones, high adoption of ultrasound imaging devices across well-equipped healthcare facilities and rising number of research activities in this region.  

Competitive Landscape

Analogic Corporation

Butterfly Network

Canon Medical Systems Corporation

Carestream Health

Chison Medical Technologies Co., Ltd.

Clarius Mobile Health

CURA Healthcare

Eagleview Ultrasound

Esaote S.p.A

FUJIFILM Holdings Corporation

GE Healthcare

Hitachi, Ltd.

Hologic, Inc.

Koninklijke Philips N.V.

Medgyn Products, Inc.

Mindray Medical International Limited

Mobisante, Inc.

Neusoft Corporation

Samsung Electronics Co., Ltd.

Shantou Institute of Ultrasonic Instruments Co.

Siemens Healthineers AG

Toshiba Corporation

Trivitron Healthcare.

United Imaging Healthcare Co., Ltd.

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Recent Developments

In February 2022, Butterfly Network, Inc. and Ambra Health established a cooperation to improve bedside imaging data interoperability. This agreement will improve access to valuable ultrasound information across healthcare systems, and increase shareability enhancing the scalability of Butterfly Blueprint, Butterfly’s enterprise platform.  

In December 2021, EagleView ultrasound introduced its wireless portable ultrasound technology, which enables greater ultrasound imaging flexibility while also cutting the cost of point-of-care solutions.

Reasons to Acquire

Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.  

Gain authentic and granular data access for the Ultrasound Imaging Devices Market to understand the trends and the factors involved in changing market situations.  

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.  

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Browse More:

Report Scope

The Ultrasound Imaging Devices Market is segmented into various segments such as array format, device display, device portability, technology, application, end user, distribution channel and region:

Based on Array Format

Phased Array

Linear Array

Curved Linear Array

Others

Based on the Device Display

Colour Ultrasound Devices

Black and White (B/W) Ultrasound Devices

Based on the Device Portability

Trolley/Cart-Based Ultrasound Devices

Compact/Handheld Ultrasound Devices

Stationary Ultrasound Devices

Point-of-Care Ultrasound Devices

Based on Technology

Diagnostic Ultrasound

Therapeutic Ultrasound

Based on Application

Radiology/General Imaging, Obstetrics and Gynecology

Cardiovascular

Gastroenterology

Vascular

Urological

Orthopedic and Musculoskeletal

Pain Management

Emergency Department

Critical Care

Others

Based on End User

Hospitals, Surgical Centers

Research and Academia

Maternity Centers

Ambulatory Care Centers

Diagnostic Centers

Others

Based on Distribution Channel

 Direct Tender

Third Party Distributors

Retail Sales

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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[poonamcmi]

Global Linear Motion System Market Is Estimated To Witness High Growth Owing To Increasing Demand in Automation and Robotics

The global Linear Motion System Market is estimated to be valued at US$ 9.38 Bn in 2021 and is expected to exhibit a CAGR of 8.1% over the forecast period 2022-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Linear motion systems are essential components used in various industries such as manufacturing, packaging, healthcare, automotive, and others. These systems provide smooth and accurate movement along a linear path, enabling efficient transportation of goods or components. The advantages of linear motion systems include high precision, improved productivity, reduced downtime, and increased efficiency. The growing demand for automation and robotics in industries is driving the market for linear motion systems. B) Market Key Trends: One key trend observed in the global linear motion system market is the increasing demand for miniaturized linear motion systems. Miniaturization is a significant trend observed across various industries, driven by the demand for compact and lightweight solutions. Miniaturized linear motion systems offer precise movement in restricted spaces and are widely used in applications such as medical devices, microelectronics, and laboratory automation. For example, THK Co. Ltd offers miniature linear motion systems that are compact, lightweight, and provide high rigidity and accuracy. C) PEST Analysis: - Political: The political stability of a country affects the growth of the linear motion system market. Government policies supporting industrial automation and technological advancements play a crucial role in the market growth. - Economic: The economic conditions of a country influence the demand for linear motion systems. Growing economies and rising disposable incomes drive the adoption of advanced automation solutions. - Social: The increasing need for improved efficiency, productivity, and safety in industries is driving the adoption of linear motion systems. The shift towards Industry 4.0 and the growing demand for smart manufacturing further contribute to the market growth. - Technological: Technological advancements such as the integration of sensors, controllers, and software with linear motion systems enhance their capabilities and enable precise control and monitoring of movement. D) Key Takeaways: 1: The global Linear Motion System Market Growth is expected to witness high growth, exhibiting a CAGR of 8.1% over the forecast period, due to increasing demand for automation and robotics in industries. With the growing focus on productivity and efficiency, the adoption of linear motion systems is expected to increase. 2: The Asia Pacific region is expected to be the fastest-growing and dominating region in the global linear motion system market. Factors such as rapid industrialization, increasing investments in the manufacturing sector, and the presence of key market players contribute to the market growth in this region. 3: Key players operating in the global linear motion system market include Hiwin Corporation, Bosch Rexroth AG, The Timken Company, Schneeberger Group, Rockwell Automation Inc., Ewellix AB, THK Co. Ltd, Thomson Industries Inc., Parker Hannifin Corporation, Nippon Bearing Co. Ltd, HepcoMotion Inc., Lintech Corporation, and NSK Ltd. These players focus on product innovation, partnerships, and strategic collaborations to stay competitive in the market.

[poojascmi]

Global Piling Machine Market Is Estimated To Witness High Growth Owing To Increasing Construction Activities

The global Piling Machine Market is estimated to be valued at US$ 1,309.0 million in 2021 and is expected to exhibit a CAGR of 6.5% over the forecast period 2021-2028, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Piling machines are essential equipment used in various construction applications, such as building foundations, bridges, roads, and other structures. These machines are used to create deep foundations by driving piles into the ground. The advantages of using piling machines include improved stability, increased load-bearing capacity, reduced construction time, and cost-effectiveness. The need for piling machines is associated with the growing construction industry worldwide, which is witnessing significant infrastructure development and urbanization. B) Market Key Trends: One key trend driving the growth of the piling machine market is the increasing adoption of automation in construction. Automation technologies, such as advanced sensors, machine learning algorithms, and robotics, are being integrated into piling machines to improve efficiency, accuracy, and safety. For example, automated piling machines can optimize the pile driving process by adjusting parameters in real-time based on soil conditions, resulting in higher productivity and reduced human errors. C) PEST Analysis: - Political: Government regulations and policies regarding construction activities and environmental impact assessment can influence the demand for piling machines. - Economic: Economic growth, infrastructure investments, and construction expenditure in various countries impact the market's growth. - Social: Rapid urbanization, population growth, and the need for sustainable infrastructure are driving the demand for piling machines. - Technological: Advancements in sensor technologies, data analytics, and automation are transforming the piling machine industry. D) Key Takeaways: - The Global Piling Machine Market is expected to witness high growth, exhibiting a CAGR of 6.5% over the forecast period, due to increasing construction activities and infrastructure development worldwide. - In terms of regional analysis, Asia Pacific is expected to be the fastest-growing and dominating region in the piling machine market. The region's growth can be attributed to rapid urbanization, population growth, and large-scale infrastructure projects in countries like China and India. - Key players operating in the global piling machine market include BSP International Foundations, MAIT S.p.A., Soilmec S.p.A., Changsha Tianwei Engineering Machinery Manufacturing Co., Ltd., Casagrande Group, DELMAG GmbH & Co. KG, Bauer Group, Junttan Oy, International Construction Equipment, and Liebherr. These players are focusing on product development, partnerships, and acquisitions to strengthen their market presence. In conclusion, the global piling machine market is poised for significant growth in the coming years. The adoption of automation technologies and increasing construction activities are driving the market's expansion. With the Asia Pacific region leading the growth, key players in the market are actively pursuing strategies to capitalize on the emerging opportunities and gain a competitive edge.