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Europe Biodegradable Foodservice Disposables is estimated to expand at a CAGR of 5.5% from 2016 to 2022

According to the latest market report published by Persistence Market Research, titled “Europe Market Study On Biodegradable Foodservice Disposables: Achieving “Zero Waste” Economy Has Encouraged the Adoption of Environmentally Sustainable Business Practices,” the Europe biodegradable foodservice disposables market is estimated to be valued at US$ 985.8 Mn by the end of 2015 and is anticipated to expand at a CAGR of 5.5% over 2015 - 2022 in terms of value, to reach a market value of US$ 1,429.9 Mn by 2022.

The Europe (U.K. Spain, France & Switzerland) biodegradable foodservice disposables market is driven by increasing consumer adoption of ecofriendly products and rise in number foodservice providers seeking sustainable business practices. Moreover, increasing tax on landfill collection, coupled with increasing price of fossil fuel, is further expected to drive market growth in the region over the forecast period.

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On the basis of type, the Europe biodegradable foodservice disposables market has been segmented into plates, trays & containers, cutleries, cups & containers, and clamshells. The cups & bowls segment dominated the market with a revenue share of 33.7% in 2014 and is projected to maintain its dominance through 2022. Increased usage of biodegradable cups by various foodservice providers for serving hot or cold drinks is supporting the segment growth in the market currently. The trays & containers segment is expected to exhibit favorable growth over the forecast period.

On the basis of raw material, the market is segmented into bio plastics, pulp & paper & woods & leaves. The pulp & paper segment accounted for the largest share in 2014 and is estimated to be valued at US$ 1,208.0 Mn by 2022, expanding at a CAGR of 4.7% over 2016–2022. The bio plastic segment is expected to exhibit substantial growth in the market.

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On the basis of end use, the market is segmented into hotel & other accommodation facilities, restaurants, café and bistros, bars & pubs, clubs, foodservice providers/caterers & institutions. The restaurants segment accounted for the highest value share of the overall market in 2015 and is expected to remain dominant over the forecast period.

In terms of a distribution channel, the market has been segmented into the wholesaler, cash & carry, hypermarket/supermarket, logistic provider, distributors and online. The cash & carry segment is projected to exhibit the highest growth over 2016–2022. The online segment was valued at US$ 168.2 Mn in 2014 and is expected to expand at a CAGR of 6.5% during the forecast period.

The report provides in-depth information about the various trends driving each segment and provides analysis and insights about the biodegradable foodservice disposables market in specific countries. The U.K. market accounted for the largest volume share of 46.1% of the Europe biodegradable foodservice disposables market in 2014.

Key players in Europe biodegradable foodservice disposables market that are covered in the report include Biopac (U.K.) Ltd, Huhtamaki Group, Bionatic GmbH & Co. KG, I.L.P.A. S.p.A. Group, The Jim Pattison Group, GreenGood USA, Gold Plast S.p.A, Vegware, Eco Guardian, and Bunzl plc.

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Color Cosmetics Market Quantitative Market Analysis, Current and Future Trends, to 2020

Color cosmetics are personal care products that help to enhance the appearance of the human body. Color cosmetics refer to the colorants and cosmetic ingredients used for make-up, skin care, personal hygiene, hair care, fragrance and oral care. Color cosmetics include products such as foundations, eye shadows, nail paints, powders, lipsticks, concealers, bronzers and other. On the basis of type of product, color cosmetics market can be segmented into face, eye, lip and nail and others.

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North America, followed by Europe, has the largest market for color cosmetics due to innovations in color cosmetics, high consumer disposable income and new product launches in color cosmetic market in the region. Asia is expected to show high growth rate in the color cosmetics market in next few years due to increasing consumer incomes and rise in awareness about personal care products in the region.

Increasing consumer spending in color cosmetics, rise in consciousness about appearance, innovation of new products, growing beauty and personal care sector, rise in demand for color cosmetics to reduce age related skin imperfections, improving quality of life, technological advancement in color cosmetics are driving the market for color cosmetics. In addition, attractive packaging, increasing consumer health awareness about the personal care and growing fashion trends are expected to drive the market for color cosmetics. However, economic downturn, high cost of quality chemicals, strict government regulations and high price related to packaging are some of the factors restraining the growth for global color cosmetics market.

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Growing demographics and economies in the developing countries such as India and China is expected to offer good opportunities in color cosmetics market in Asia. In addition, continuous rise in loyalty to color cosmetics, rise in demand for organic cosmetic products and innovations in color cosmetic products are expected to offer new opportunities for global color cosmetics market. Increasing number of brands and products, growing online retailing, growing number of mergers and acquisitions and rise in collaborations and partnerships are some of the latest trends that have been observed in global color cosmetics market. Some of the major companies operating in the global color cosmetics market are Estee Lauder Inc., AVON PRODUCTS, INC., L’Oreal SA, Revlon, Procter & Gamble, Johnson & Johnson and Beiersdorf.

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Light Curtain Sensors Market Key Players, Growth, Analysis,2018 - 2028

Light Curtain Sensors

Safety light curtains are photo-electric devices used to safeguard people around heavy machineries, such as palletizers, winders and presses. These are sensors integrated into light curtains that receive a transmitter’s array of IR beams. If a worker breaks any beam by passing through that area, the light curtain sensor sends a stop order to the guarded machinery to ensure the safety of the worker.

Light curtain sensors are ergonomically sound in comparison to mechanical barriers or guards as they are programmed to cut the power to the machinery instantly to avoid injuries. These sensors fall under the presence detection equipment category. Light curtain sensors are cost-effective and reliable and help in proper maintenance and increasing the long run efficiency of the floor machinery.

These days, light curtain sensors are being used in elevators to ensure that nobody or nothing gets stuck in between the elevator doors. Also, such sensors are compact in size and easy to install, even in small spaces and hard to reach spots.

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Light Curtain Sensors Market: Drivers & Challenges

Cost-saving installation, maintenance and upgrades provided by safety light curtain vendors in the market are expected to drive the global Light Curtain Sensors Market. Also, stringent industrial safety standards legislated by governments across the world will compel industrial manufacturers to integrate light curtain sensors and other presence detection equipment in their work space. The attractiveness of industrial automation is expected to boost the global Light Curtain Sensors market.

However, the requirement of timely maintenance might hinder the growth of the light curtain sensors market. In case of failure, the equipment offers no contingency plan. Also, IR beams are not visible to the naked eye and hence, a worker, assuming the sensors to be working, might get hurt badly.

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Light Curtain Sensors Market: Segmentation

On the basis of industry vertical, the global Light Curtain Sensors market can be segmented into the following,

Electronics and Semiconductors

Food and Beverages

Automotive

Defense

Aerospace and Avionics

Medical and Pharmaceuticals

Transportation and Logistics

Others

On the basis of application, the global Light Curtain Sensors market can be segmented into following:

Personnel Safety

Large Object Safety

Light Curtain Sensors Market: Regional Outlook

Among all the regions, China is expected to register highest growth in the Light Curtain Sensors Market. Currently, North America leads the Light Curtain Sensors Market owing to the increased safety measures implemented by the governments and companies in the region. Asia Pacific is the second largest contributor in the Light Curtain Sensors Market due to the ever-increasing industrial automation in APAC countries, such as India, Japan and Indonesia.

Light Curtain Sensors Market: Key Players

Few of the major players operating in the Global Light Curtain Sensors Market include Omron, KEYENCE, Rockwell Automation, SICK, Pepperl Fuchs, Banner Engineering, Panasonic, Schneider Electric, Datalogic and Leuze Electronic, among others.

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Area Sensors Market at a CAGR of 6.0% in terms of value over the forecast period to 2026

The global area sensors market is expected to register a CAGR of 6.0% during 2018 – 2026 with SEA & Others of APAC, Western Europe, and North America accounting for significant market value shares by the end of the forecast period.

PMR delivers key insights on the global area sensors market in its report titled “Area Sensors Market: Global Industry Trend Analysis 2013 – 2017 and Forecast 2018 – 2026.” Growth in the market value of the global area sensors market will remain attractive as the market is expected to grow continuously at a CAGR of 6.0% in terms of value during the forecast period 2018 – 2026. On the basis of industry, area sensors in the food packaging industry are expected to register the most attractive growth during the forecast period. Based on their application, area sensors functioning as picking systems will gain the highest market share penetration during the forecast period.

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The annual revenue from the area sensors market globally was valued at US$ 4,123.8 Mn by the end of 2017, which is anticipated to grow at a steady pace over the forecast period. The dominating regions, i.e., North America, SEA & Others of APAC, and Western Europe, collectively account for a majority share in the global area sensors market. These regions are likely to dominate the global market during the forecast period.

The usage of area sensor technology was practiced by large industries over a decade ago. With improved technology and rising disposable income, area sensor technology has also been adopted by the small- and medium-sized enterprises. Area sensors are widely used by all tier companies to streamline operations, enhance industrial automation, and change the manufacturing landscape of the company. Thus, the usage of area sensors in industrial automation is gaining importance in various industries. The growth of the area sensors market across the globe is driven by their increasing demand in the food and beverage packaging applications sector. Increase in the number of food and beverages industries and increasing demand for canned and packaged foods are important factors driving the area sensors market. Area sensors are being increasingly used in the packaging sector to enhance industrial efficiency, convenience, and precautions.

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As per PMR analysis, rise in the demand for the integration of Industrial Internet of Things (IIoT) in industries that involve sensor-based measurements for analysis and decision-support purposes is driving the area sensors market. Increase in the usage of area sensors for various applications in manufacturing, from system assembly lines to test & inspection, and the continuous innovation & increasing applications of smart sensors in multiple industries, such as rubber, plastics, and textile sectors, are some of the major factors driving the area sensors market.

The area sensors market in North America is estimated to hold the highest market share during the forecast period due to the ever-growing food packaging industry in the region. The area sensors market has high potential in SEA & Other APAC owing to the major technological advancements in consumer electronics and automotive markets. Thus, the area sensors market in SEA & Other APAC region will be targeted the most by area sensors market participants. The need to enhance the productivity and efficiency of industrial processes is expected to attract the attention of area sensor service providers toward the SEA & Other APAC region.

According to PMR analysis, long-term contracts with business partners help increase revenue and new innovation strategies enable area sensor vendors to reach new growth markets. Some of the market participants in the global area sensors market include SICK AG; Panasonic Corporation; Omron Corporation; Datalogic S.p.A.; Keyence Corporation; Delta Electronics, Inc.; Autonics Corporation; Rockwell Automation GmbH; Pepperl+Fuchs; and Riko Opto-electronics Co., Ltd.

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Battery Management ICs Market Opportunities, Demand and Forecasts, 2018 – 2028

Battery Management ICs

Battery Management IC is a type of Power Management IC that aids in organizing battery requirements of the system as a whole by managing the power consumption from various power sources. This makes the system or device, which is operating on the Battery Management Integrated Circuit, more reliable and efficient.

Battery Management ICs find application in fields such as consumer electronics (MP3 players, smart phones and Bluetooth headsets), to portable medical and industrial equipment.

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Battery Management ICs Market: Drivers and Trends

Growth in the demand for consumer electronic devices, functioning on battery generated power, is expected to boost the overall Battery Management IC market. Also, the ever-rising demand for battery operational devices in telecommunication, networking and automotive fields are expected to drive the global Battery Management ICs market. In countries, such as China and India, the development of smaller and cheaper battery and power management integrated circuits will provide necessary foundation for the Battery Management Integrated Circuits market to grow on.

Currently, Battery Management ICs are being integrated into smart devices to make them more energy efficient in power management, features and functionality.

Battery Management ICs Market: Segmentation

On the basis of application, the global Battery Management ICs market can be segmented into the following,

Consumer Electronics

Automotive

Industrial

Power Industry

Others

On the basis of product, the global Battery Management ICs market can be segmented into the following,

LiFePo4 Battery Management Integrated Circuits

Polymer Battery Management Integrated Circuits

Li-ion Battery Management Integrated Circuits

Others

Battery Management ICs Market: Regional Outlook

Asia Pacific region is the largest contributor in the Battery Management ICs market owing to the market presence of a significant number of consumer electronics manufacturers in the region. Over the forecast period, the development of low cost Lithium ion Battery Management ICs in countries, such as China, is expected to drive the Battery Management ICs Market in the Asia Pacific region.

North America, being one of the prominent regions in the Battery Management ICs Market globally, is expected to lead the global revenue generation, owing to the technological advancements in automotive, consumer electronics and power sectors in the region.

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Battery Management ICs Market: Key Players

Few of the major players operating in the Global Battery Management ICs market include, Analog Devices, Inc.; Texas Instruments Incorporated; STMIcroelectronics; NXP Semiconductors; Renesas Electronics Corporation; Cypress Semiconductor Corporation; Microchip Technology Inc.; Integrated Device Technology, Inc.; LAPIS Semiconductor Co., Ltd.; ROHM Semiconductor; Hycon Technology Corp.; Maxim Integrated and Diodes Incorporated, among others.

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Photobiostimulation Devices Market  Global Trends, Analysis and Forecast 2018 - 2026

Photobiostimulation therapy is also known as low-level light therapy (LLLT). Photobiostimulating devices are used for reducing pain, inflammation, and edema, promoting the healing of wounds, deeper tissue, and nerves, and preventing tissue damage. Modern photobiostimulation devices use LEDs to produce light of the required wavelength to achieve specific results. The predominant principle on which photobiostimulation devices work is that, light works on a protein in the mitochondria of the cell, which results in increased ATP and reduced oxidative stress. A cascade of intracellular processes finally results in improved tissue and reduced inflammation.

There are many types of photobiostimulation devices. They can be categorized based on the wavelength they emit. The most common types of photobiostimulation devices are the ones that have LEDs that emit infrared and red light. Some of the other lights include yellow and blue lights that significantly have applications in beauty therapy. However, these wavelengths are not broadly studied as that of infrared and red.

A number of small- and medium-sized companies dominate the market, since regulations for the manufacturing of photobiostimulation devices are quite lenient. Some of these companies include Thor Photomedicine Ltd, Bioflex Laser Therapy, Ingeneus Pty. Ltd., LumiWave, and Biolight Technologies.

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Factors Driving the Growth of the Photobiostimulation Devices Market

Factors such as the increasing trend of non-invasive treatment alternatives, increasing number of patients experiencing chronic pain, and the need for cheaper treatment options are driving the growth of the photobiostimulation devices market. However, although the treatment using photobiostimulation devices is FDA approved, the regulations governing the manufacturing of these devices are relatively lenient, resulting in a number of inferior quality products in the market. Furthermore, there are a number of counterfeit products available in the market, which is hindering the overall growth of the photobiostimulation devices market.

Use of Infrared Light Photobiostimulation Devices

Infrared light photobiostimulation devices have shown positive results for increasing vascularization, deep thermal increase, increase in oxygenation, stimulation of the synthesis of new collagen, and improvement in skin elasticity. Photobiostimulation devices that emit infrared light are commonly used in some of the pain management clinics and are well-studied for wound healing.

Photobiostimulation Devices in Diabetic Foot Ulcers (Wound Healing)

Photobiostimulation devices aim to accelerate wound healing and reduce the incidences of infection in diabetic foot ulcers. Especially since there is no particular treatment for diabetic foot ulcers, and the condition generally results in infections and complications that lead to amputation, photobiostimulation devices are effective for the treatment. Photobiostimulation devices emit light that stimulates vascularization and internal heat, resulting in the faster recovery of wounds. The added advantage of using photobiostimulation devices is that, they are non-invasive in nature and easy to use.

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Regional Market Outlook

North America is the leading region for the photobiostimulation devices market. This is due to many market players in the region, and the trend of using technologically advanced minimally invasive therapies that is prevalent in the region. Asia Pacific is the fastest growing region, as the manufacturing cost of photobiostimulation devices is very low, and there are a number of researches being undertaken in the region.

Competition Outlook

The photobiostimulation devices market is highly fragmented, and a large number of small players dominate the market. Most of the companies have focused application. For instance, HairMax offers products for hair growth only. Similarly, LumiWave’s products are focused on pain relief.

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Global Market Study on Machine Tool Touch Probe is projected to exhibit a CAGR of 3.5% from 2018 to 2026

The global market for machine tool touch probe is highly consolidated with a small number of players active in the production and distribution of the product. It has been observed by the analysts that the market is highly organized with the presence of some of the leading market players in developed regions such as North America and Europe. Tier 1 and Tier 2 companies occupy almost 90% of the total market share as the manufacturing of such advanced equipment requires special skills as well as the availability of high-end equipment, thereby increasing the price of machine tool touch probes in the global market as compared to other machining tools.

A detailed analysis conducted by Persistence Market Research (PMR) reveals that the global machine tool touch probe market is projected to exhibit a CAGR of 3.5% from 2018 to 2026. The market was worth US$ 522.6 Mn in 2017 and is estimated to rise to a valuation of US$ 711.3 Mn by 2026 end.

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With the competition in the market intensifying by the day, players are focusing on price deduction in order to stay ahead of their competitors and at the same time expand their customer base. The retailers and suppliers of machine tool touch probe are focusing on retaining their loyal customers through product development and innovation. Some European manufacturers are conducting professional events and trade shows and it has been observed that these activities have created a positive demand spur in the global machine tool touch probe market. Product launches is also a key area that manufacturers are intensely focusing on. For instance, in February 2018, engineering technology company Renishaw plc. announced the launch of next generation MP250 strain gauge probing systems for grinding machines. The company also demonstrated a range of its smartphone applications for machine tool probes and tool setters.

High Productivity Results Along with Reduced Production Time to Accelerate Sales

Rise in industry safety standards has led to a decrease in cost and operational downtime, which is anticipated to surge the productivity of several operations across various sectors. This particular dynamic is likely to significantly intensify the demand for machine tool touch probes in the global market in the coming years. Manual measurement of work pieces is being incessantly swapped by machine tool touch probes as they decrease any further chances of inaccuracy and also increase the potential for accurate workflows. This particular factor is likely to accelerate the growth of the machine tool touch probe market over the forecast period.

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Availability of Skilled Professionals Need of the Hour in the Machine Tool Touch Probe Market

The dearth of trained professionals for operating CNC machines and related components such as touch probes could indirectly result in the occurrence of safety hazards as well as low production output. Operators and technicians must be properly trained and should hold prior experience for effective operation of machine tool touch probes. There is a dire need for skilled professionals to efficiently operate and monitor these machines and optimize manufacturing costs as a result.

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Automotive Vapor Canister Market Opportunities and Forecast Assessment, 2018 - 2028

Automotive Vapor Canister Market: Introduction

Automotive vapor canister is a component of evaporative emission control (EVAP) system, filled with charcoal or other material. The main function of vapor canister is to absorb the unwanted contaminates from fuel and further supply filtered fuel to the carburetor to ensure efficient working of engine with reduced emission after combustion of fuel. Additionally, the fuel in fuel line and vehicle’s tank is subjected to evaporation owing to gasoline low evaporation temperature in comparison to diesel. Evaporated fuel releases impulsive organic compounds into the atmosphere. When tank pressure becomes excessive, the vapor generated is sucked by the canister. Further the vapor is filtered and the impurities are absorbed by the charcoal. In market perspective, the global automotive canister market is anticipated to project weak growth prospective owing to phasing in of electric and hybrid vehicle over the slated time period. Additionally, tech giant automotive players are investing hefty money in electric vehicle due to positive acceptation of these vehicles. Whilst, in rural are the demand of conventional vehicle is projected to healthy  owing to lack of awareness of electric vehicle. In future perspective, the aftermarket segment is anticipated to grow with significant CAGR owing to increasing emission norms across the globe.

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Automotive Vapor Canister Market: Dynamics

Stringent regional government regulation pertaining to emission is anticipated to hike the sales of automotive vapor canister during the forecast period. In Japan, Ministry of the Environment (MOE), Infrastructure and Transport (MLIT) and the Ministry of Land has set the evaporation emission limits. It is approximately four standard of two grams of emission per day. Additionally, in North America, government of U.S. has implemented regulations for emission such as EPA stage II enhanced and CARB LEVII. However, these emission standard may hamper the sales of new vehicles for few year. But, after the installation of charcoal canister they will also support the global warming reducing program.

Increasing fleet of electric vehicles is anticipated to hinder the global automotive vapor canister market during the forecast period. Increasing price of gasoline is also one of the major factor likely to hamper the growth of the global automotive vapor canister market. Moreover, charcoal canister requires a periodic maintenance owing to its tendency of clogging up due to the accumulation of large amount of impurities from air and dust, which reduce the performance efficiency of the canisters. Renowned automobile manufacturers such as Volkswagen, Daimler, Volvo, BMW, Jaguar Land Rover and others have announced to manufacture electric vehicles owing to increasing demand of emission less vehicle in coming year.

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Automotive Vapor Canister Market: Segmentation

Global automotive vapor canister market can be segmented by absorbing material, vehicle type and sales channel

On the basis of absorbing material, global automotive vapor canister market can be segmented as

Charred Wood Powder

Activated Carbon Powder

Ethylene Propylene Diene Monomer (EPDM)

Others

On the basis of vehicle type, global automotive vapor canister market can be segmented as

Two Wheeler

Passenger car

Commercial vehicle

On the basis of sales channel, global automotive vapour canister market can be segmented as

OEM

Aftermarket

Automotive Vapor Canister Market: Regional Outlook

Asia pacific is projected to dominate the market for the automotive vapor canister owing to increasing preference towards two wheelers to avoid traffic congestion. This in turns may give positive impetus to the market over the slated time period. Whilst, in terms of passenger car this may be vice versa due to increasing focus towards electric vehicles. China has banned aged vehicle due to high emission which in turns is expected to create significant opportunities for the players in terms of production of new vehicles. Regions including North America and Europe are anticipated to contribute significantly to the global market of automotive canister owing to sufficient production of passenger cars in these region. In Latin America, customers are preferring two wheelers due to high fare of transportation. Middle East and Africa is also estimated to witness substantial growth during the forecast period owing to significant production of passenger car

Automotive Vapor Canister Market: Key Participant

Examples of some of the market participants identified across the value chain of the global automotive vapour canister market include:

Stant Corporation

Guangzhou Best Auto Parts Company Limited

Nanjing Depurate Catalyst Co., Ltd.

RADIANT LUBES PVT. LTD.

Aptiv PLC

Okay Motor Products Hangzhou Inc.

ALEC TIRANTI LIMITED

Robert Bosch GmbH

Guangzhou Yao Xiao Auto Parts Co., Ltd.

Eagle Industry Co., Ltd.

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Train doors Market Information, Figures and Analytical Insights 2018 – 2026

Train Doors Market: Introduction

Train doors are also known as platform edge doors or platform screen doors and their main function is to separate the train from the platform as well as create an adequate entry area for passengers to board or leave the train easily. These train doors are different from slam doors, still used in old trains, as these are automatically operated whereas the slam doors are mechanically operated. Slam doors are called so because of the typical noise travelers make while slamming the door.

Platform screen train doors, in the train doors market, are a new addition to several metro trains around the world. Automatic train door systems have gained wide popularity in newer European and Asian metro trains. Moreover, the adoption of metro trains in emerging as well the developed regions will boost the sales of these doors, thereby pushing the growth of the global train doors market.  Train doors are a normal but an essential component of a train.

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Train Doors Market: Dynamics

Public transport has been gaining popularity across the world since the past several years as a large percentage of the total world population is finding itself inclined towards the use of public transport services. Hectic life and long work hours have made it imperative for professionals and workers alike to depend on public transport systems. Railways have always been a convenient mode of daily transport. Preference for local trains as a means of transport is growing, mostly due to the convenience and comfort they offer and this growth in demand for railways in the global market will directly impact the growth of the global train doors market during the forecast period and is estimated to be the most prominent driving factor in the global market. That apart, growing demand for safety and security is expected to further drive the global train doors market over the estimated period of time. The demand for public transport is rising and this trend is expected to continue in near future. The railway industry is estimated to directly drive the global train doors market. That apart, stringent rules and regulation imposed by governments and ruling authorities in developed and developing countries to ensure the safety of passengers and the goods transported is another prominent driver expected to drive the growth of the global train doors market in near future.

Train Doors Market: Segmentation

The train doors market can be segmented on the basis of the type of components used, operation mode and sales channels.

The train doors market can be segmented on the basis of door type into:

Slam Doors

Platform Screen Doors

The train doors market can be segmented on the basis of operation into:

Mechanically Operated

Electrically Operated

The Train doors market can be segmented on the basis of sales channel into:

OEM

Aftermarket

Global Train Doors Market: Regional Outlook:

Stringent rules and regulations to ensure the safety of passengers around the world and especially in dominant markets, such as Europe and North America, will increase the demand for trains and train doors in these regions, which in turn, will positively affect the train doors market in the near future. Growing use of public transport in countries, such as India and China of the Asia Pacific region, will push the growth of the rail industry and will also propel the growth of the train doors market in this region. Emerging countries of Middle East Africa and Latin America are expected to hold significant market value share in the global train doors market during the estimated period.

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Global Train Doors Market: Key Players

Some of the key players identified across the value chain of the global Train doors market are:

WEGH Group

Traindoor Solutions Limited

Kalsi Automatic Door System

STANLEY Access Technologies LLC.

Ultimate Europe Transportation Equipment GmbH

Knorr-Bremse AG

IMI Norgren Herion Pvt Ltd

BARAT group

ASTRA VAGOANE CALATORI SA

NRT Corp

Toshi Automatic Systems Pvt. Ltd.

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Photovoltaic Glass Market is reflective of a CAGR of 27.3% during the forecast period 2018 – 2026

Increasing focus on green energy brought about by a rising awareness of the current environmental depletion is shifting the focus of global governments towards renewable sources of energy for the generation of electricity. Solar energy generation is witnessing widespread acceptance across the world and this has created a positive impact on the market for solar technologies such as photovoltaic modules. According to a new research publication by Persistence Market Research, the long-term outlook on the global photovoltaic glass market is expected to remain positive, with the market value projected to increase from US$ 4,905.9 Mn in 2017 to a whopping US$ 41,757.3 Mn by the end of 2026. This is reflective of a CAGR of 27.3% during the forecast period 2018 – 2026.

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Opportunity Analysis of the Global Photovoltaic Glass Market Reveals Huge Untapped Opportunities for Manufacturers

The development of off-grid electricity systems presents huge growth opportunities for photovoltaic glass manufacturers. With over a billion of the world’s population having no access to electricity, off-grid technology is being looked upon as the most viable solution to resolving the electricity issues in deep pockets across key developing countries in the world. This includes provision of basic lighting and heating services to some of the remote corners of the world where grid connections are not feasible. Solar energy is a major source of renewable energy to deploy off-grid electricity systems and countries such as China and a few countries in the South East Asia Pacific region have leveraged the potential of small-scale solar technology applications to provide electricity to citizens in remote rural areas.

Integration of solar energy systems with power grids has metamorphosed from the simplified traditional unidirectional generator model transmitting and distributing power to consumers, to a more complex model with distributed generator systems in an electricity grid. Also, irregular phase alteration in renewable energy causes issues in grid balancing, requiring adequate storage of renewable energy from a technical standpoint.

Waste generated from photovoltaic glass is posing challenges to the environment and these need to be addressed in an effective manner. According to the International Energy Agency, management of photovoltaic panel waste could create an opportunity valued at over US$ 15 Bn by the end of FY 2050. This will necessitate the setting up of photovoltaic panels with a capacity of more than 4,500 GW by 2050. Needless to say, the revenue opportunity for manufacturers of photovoltaic glass is immense. Currently, Europe is the leader in photovoltaic waste management. Managing photovoltaic waste is essential especially considering scenarios where old photovoltaic panels can be recycled to manufacture new panels.

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Organized Sector Dominant in the Global Photovoltaic Glass Market

The global photovoltaic glass market is characterized by the presence of prominent Tier-1 and Tier-2 companies in the organized sector, which holds about 77% of the global market share. Increasing demand from end-use sectors is pushing key players to strategize speedy geographical expansion especially in developing economies. Some of the key market participants currently operating in the global photovoltaic glass market report include Asahi Glass Co., Ltd., Nippon Sheet Glass Co., Ltd, Hanergy Holding Group Limited, First Solar, Saint-Gobain, Flat Glass Group Co., Ltd., GUANGDONG GOLDEN GLASS TECHNOLIGIES LTD., Yingli Solar, TAIWAN GLASS IND. CORP., Xinyi Energy Holdings Limited, Borosil Glass Works Ltd. and Jinko Solar.

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Bicycle Accessories Market Global Trends, Analysis and Forecast 2018 - 2028

Market Overview

The growth of the bicycle industry, owing to heavy traffic and congestion, has led to the higher adoption of bicycle accessories, such as helmets, apparels, begs and bicycle electronics, which ensure safety and enhance riding experience. Bicycle accessories are expected to emerge as important components in the growing bicycle industries.

More recently, bicycle accessories have been witnessing a surge in demand owing to growth in the bicycle industry and easy availability of products. Increase in the number of bicycle racing events and bicycle riding organizations has unfolded new opportunities for the growth of the bicycle accessories market. Bicycle manufacturers involved in the supply of accessories are observed to be focusing on promoting their merchandise by sponsoring events and providing custom products for different bicycle models. The prevalence of this trend is expected to remain strong across major bicycle markets.

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Product Definition and Segmentation

Bicycle accessories are specially designed to protect body parts and improve riding experience. They include apparels, pedals, bags, bicycle electronics, pedals, rear view mirror, racks, etc. Bicycle electronics include GPS, power meter, etc.  The market for bicycle accessories can be segmented on the basis of the following criteria:

By Type:

Apparels

Pedals

Bicycle Bags

Bicycle Electronics

Bicycle Racks

Bells

Rear View Mirrors

Others (Spare tubes, minimum tools, etc.)

Cycling Shoes

Cycling Gloves

Cycling Shorts

Cycling Jersey

Cycling Jacket

Helmets

Eyewear

By Bicycle Type:

Road

Mountain

Sports

By Sales Channel:

Offline Stores

Online Stores

Rising Health Consciousness

Modern lifestyle and busy schedules force people to work without exercise and intake junk food, which result in obesity or overweight. According to the World Health Organization, in 2014, over half of the adult population in 114 nations including Europe, the Middle East, and the Americas was obese. With rising awareness, a healthy and more nature-friendly lifestyle is gaining attraction.

Moreover, studies reveal that bicycling burns 500 – 700 calories per hour. Individuals in countries have adopted bicycle riding as an effective way to burn fat and maintain their body mass. Thus, rising awareness among consumers is surging the demand for bicycles, which will further give impetus to the growth of the bicycle accessories market over the forecast period.

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Light Weight Accessories to emerge as a Major Trend

The demand for bicycle accessories is projected to be grow significantly during the forecast period. The ever-growing bicycle industry, both in developing and developed economies, is the prime reason attributing to market growth. Moreover, the increase in the number of bicycle racing events is also expected to surge the demand for bicycle accessories over the forecast period. The growing trend of lightweight accessories is further expected to supplement market growth. With respect to products, local players in the market are providing competitive innovative products at a low price.

A major trend expected five years down the line, involves market leaders – both OEMs & dedicated manufacturers – focusing on providing accessories that are lightweight with increased efficiency and added comfort. Manufacturers are offering products as per consumer needs, which is escalating the competition.

Key Regulations

In Western Australia, a bicycle rider is legally required to wear a helmet at all the times on roads accessible to the public while cycling. Moreover, the helmets must have either the Australian Standard 2063 Part 1 or 2, or the USA Snell Memorial Foundation Standard (SMFS), or the American National Standards Institute (ANSI), or American Society for Testing Materials (SMF) authorization.

Regional Market Outlook

The global bicycle accessories market has been segmented into the following regions – North America, Latin America, Western Europe, Eastern Europe, South East Asia-Pacific, China, Japan, India and the Middle East and Africa. Regional demand dynamics can be directly correlated with the demand for bicycles. China is expected to remain dominant in terms of sales and demand for bicycling accessories owing to increasing sales of bicycles. Europe is also expected to witness a high penetration rate owing to the growing bicycle fleet in the region. North America is expected to grow with a significant CAGR during the forecast period owing to increasing government regulations that mandate safety accessories. The Middle East & Africa region is anticipated to grow at a significant pace during the forecast period owing to high demand for accessories from bicycle users.

Global Bicycle Accessories Market: Key Players

Key players in the global bicycle accessories market are:  

Garmin Ltd.

Shimano Inc.

Pioneer Corporation

Track & Trails

Saris Cycling Group

Derby Connected

Aurora Sports Limited

Zhuhai Star Sports Equipment Co., Ltd

Verve Cycling

Rotor Bike Components

Stages Cycling, LLC

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Thermal Printer Market is projected to thrive at a CAGR of 6.6% during the forecast period 2018–2028

Widespread penetration of RFID tags used on barcodes currently pose a challenge to thermal printer sales, as the RFID technology enables remote tracking of products. A majority of manufacturers tend to prefer RFID tagging over other alternatives, owing to their readability and password protection. However, significant rise in the demand for the printing of barcode, ticket, and receipt will reportedly bring in attractive opportunities for thermals printer manufacturers, more prominently in developing countries of Asia Pacific.

In terms of value, the global thermal printer market is projected to thrive at a CAGR of 6.6% during the forecast period 2018–2028, reaching a value beyond US$ 4.5 billion by 2028 end.

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The Need for Compact, Convenient, Cost-effective Thermal Printing Solution Persists

High demand for mobile printers is prominently fuelling the growth of thermal printers market. As mobile thermal printers are available at cheaper costs compared to their desktop and industrial counterparts, it is likely that mobile printers will continue to gain higher traction throughout the forecast period. Retailers and wholesalers are expected to remain more inclined towards mobile printers, as they are compact, efficient, and deliver high performance.

High Speed & Cost Efficiency Enable Direct Thermal Printers to Witness Growing Traction

On the basis of product type, the market is currently witnessing higher sales of thermal transfer printers. Though thermal transfer printers are estimated to remain dominant throughout the forecast period, direct thermal printers are believed to hold a significant growth potential in next few years. The latter is further segmented into - the direct thermal industrial printers, direct thermal desktop printers, and direct thermal mobile printers. While retailers are shifting from thermal transfer printer to direct thermal printer for high speed performance and low maintenance, consumers are also preferring the latter due to cheaper costs and higher speed.

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In terms of end use, retail and consumer goods sector will remain the uncontested leader, with growing demand from grocery products, food & beverages, clothing & apparel, and others. Research uncovers attractive opportunities in the institutional segment that includes industries such as hospitality, hospital & healthcare, and banking & financial services. Based on the printing speed, 4-8 inch per second printers will remain the most sought after ones, whereas above 8 inch printers are expected to face a pricing challenge, resulting in relatively low preference. Regional examination of the market concludes continued dominance of North America, and promising growth prospects for emerging economies in Asia Pacific and Eastern Europe.

Leading manufacturers competing in the global market for thermal printer are focusing more on developing a standalone thermal printer with an enhanced storage capacity, capable to perform the functions of a computer as well as a conventional printer. While such a printing solution will provide more efficient functioning, it will also bring the cost pressure down.

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Bottom Ash Handling System Market Dynamics, Forecast, Analysis and Supply Demand 2018 - 2028

Global Bottom Ash Handling System Market: Introduction

The combustion of coal in coal-fired boilers produces unburned residues. These residues include bottom ash, also known as clinker ash, which exists at the bottom of the boiler. Bottom ash generally accounts for less than the quarter of the total ash production. This ash must be collected and disposed of owing to adverse environmental and health concerns. Despite its use in cement and other building material manufacturing, large quantities must still be disposed of in landfills, waste sites or impoundments. Intermittent removal of bottom ash collected at the bottom of the furnace is carried out using bottom ash handling systems. There are two kinds of systems available in the market – wet and dry bottom ash handling systems.

Advantages of dry bottom ash handling systems over wet systems include lower unburnt carbon, lower power consumption, higher boiler efficiency, lower operating & maintenance costs and no water treatment costs. Furthermore, the efficiency increase reduces coal usage and consequently, lowers CO2 emission. However, the installation cost of these systems is higher as compared to wet bottom ash handling systems. Globally, wet bottom handling systems are predominantly used due to their effective cost. Importantly, the global environmental pressure and increasing efforts from power industries to reduce CO2 or associated pollutants will bourgeon the demand for bottom ash handling systems. The global sales of bottom ash handling systems vary cyclically due to the long life cycle of the product.

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Global Bottom Ash Handling System Market: Market Dynamics

The world’s demand for energy resources will increase endlessly. To cater to the growing demand, it has become important to minimize the dissipation of resources and to optimize the recovery of resources. Therefore, new technologies and solutions are being introduced in coal-based industries to improve the overall efficiency. This factor will contribute significantly to the growth of the bottom ash handling system market. The current downward trend in coal-fired electricity generation in North America has impacted the pace of growth of bottom ash handling systems in the region.

Federal governments across the globe are poised to enhance their nuclear power infrastructure, thereby, reducing their dependency on coal-fired power plants. Subsequently, the demand for bottom ash handling systems is likely to plunge in near future. Increasingly strict regulations, such as Effluent Limitation Guidelines (ELG), and growing environmental concerns may further shift the bottom ash handling systems market from wet systems to dry bottom ash handling systems.

Global Bottom Ash Handling System Market: Market Segmentation

The global bottom ash handling system market can be segmented on the basis of product type, ash handling, end-use industry and regions.

On the basis of product type, the global bottom ash handling system market can be segmented into:

Jet Pumping System

Submerged Scraper Chain Conveyor System

De-watering Bin System

Pneumatic Conveying System

Others (Mechanical System etc.)

On the basis of ash handling, the global bottom ash handling system market can be segmented into:

Dry Bottom Ash Handling System

Wet Bottom Ash Handling System

On the basis of end-use industry, the global bottom ash handling system market can be segmented into:

Power Generation

Biomass

Waste Management

Other Industries

Global Bottom Ash Handling System Market: Regional Outlook

Globally, the growing emphasis on environment-friendly options has caused an unrest in many bottom ash handling power plants. The Energy Information Administration (EIA) estimates that electricity generation from natural gas will exceed coal generation in the U.S. in the coming years. Japan, together with China, India, and the U.S., accounts for approximately seventy-five percent of the global coal consumption. Further, Japan has been totally reliant on coal imports after the end of coal production in 2002. Furthermore, the decline in coal-fired power plants’ construction in some of the prominent economies, such as China, India and the U.S., will plummet the sales of bottom ash handling systems. However, coal is the most reliable energy resource and will continue its dominance in ASEAN region. Coal consumption in the region reflects a substantial increase in electricity consumption to steer economic growth. With such rapidly growing electricity demand, ASEAN is likely build coal-fired power plants with smaller capital costs, thereby, attributing to the demand growth of bottom ash handling systems. However, effective enforcement of stringent environmental regulations might support the growth of dry bottom ash handling systems.

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Global Bottom Ash Handling System Market: Key Participants

Example of some of the market participants in the global bottom ash handling system market identified across the value chain include:

Clyde Bergemann Power Group

Macawber Beekay

MBE EWB Technological Limited

Magaldi, Inc.

Kawasaki Heavy Industries, Ltd.

Booyeoung Eng. Co., Ltd.

United Conveyor Corporation

Sinofinn

Bevcon Wayors

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High Purity Quartz  is anticipated to witness a significant CAGR of 7.0% during the forecast period 2018–2026

Used in various industries, high purity quartz is one such essential material that has very few rich and high-grade resources worldwide. From silicone metal ingots which are processed before being used in the semi-conductor market, high quality quartz is finding increased application in high temperature lighting such as halogen and mercury lamps and also metal halide lamps for car headlights. Also, increasing demand to reduce carbon footprint- solar projects gaining traction, in turn, fuelling the global high purity quartz market. However, this is only a perfunctory.

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Difficult Processing and Pricing Fluctuations: Deterrents to Otherwise Flourishing High Purity Quartz Market

The quality of high purity quartz required by various industries depends on the elaborate and niche processing. Along with processing, the pricing of high purity quartz is also a tough nut to crack- considering competition in the high purity quartz market is very limited unlike other industrial mineral markets. Depending upon the end-use application, the raw quartz has to be freed of nay impurities to be used in its purest form. However, according to Dorfner Anzaplan, internationally acclaimed German laboratory with extensive experience in processing and analysis, some HPQ applications are becoming restrictive in nature owing to very low boron and phosphorus content. According to recent study, difficulty in analyzing small parts per billion and sample separation are the two primary areas where chances of impurities being introduced in high purity quartz is at its peak. Researchers from Dorfner Anzaplan have also indicated that there is no specific way to process quartz- as the composition of quartz would defne its processing design.

In terms of pricing, studies have shown that inflation due to external factors such as cost of HF acid/fluorspar- a large component of the total cost product and cost of chemical aids used to process high purity quartz is anticipated to impact the global high purity quartz market.

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High Purity Quartz Production from Low-Grade Quartz to Dilute the Market

Factors like as low natural availability, technological secrecy, non-ecological production techniques, and increasing cost of HF and other leaching chemicals are attracting prominent investments to R&D and infrastructure to set up technologies and facilities that enable HPQ production from lower grade quartz with purities as low as 95% to reduce the carbon footprint and guard against HF price increments.  Although the advent of many such technologies is anticipated to translate into a slight decline for the global HPQ market in the near future, it also means that such a practice would dilute the high purity quartz market.

Additionally, high purity quartz market being a highly competitive playing field, has witnessed very little to miniscule technical expertise. Reluctance among prominent suppliers about disclosing production as well as processing techniques in fear of losing their margins to upcoming players is preventing, and in many cases, delaying the entry of a large number of quartz players, even those with fairly high natural purity (99.9% +) in the HPQ industry.

High purity quartz being a high margin market, monopoly accompanied by other factors like complexities of the HPQ market structure, undersupply market, and small demand numbers is restricting many players to enter the global high purity quartz market. According to a research by Persistence Market Research, the estimated value of the global high purity quartz market would reach a valuation of US$ 1,451.8Mn by the end of 2026 and is likely to expand with significant 7% CAGR during the forecast period 2018-2026.  Speak to the expert analysts to know more about important drivers that would accelerate the global high purity quartz market.

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Tire Pressure Monitoring Systems (TPMS)  Market Opportunities, Demand and Forecasts, 2018 and 2026.

Persistence Market Research digs deep into the global TPMS battery market and fetches key information through structured market research. The report, “TPMS Battery Market Global Industry Analysis 2013–2017 and Forecast 2018–2026” gauges the market and predicts the future demographic and changes. The report reveals that the CR type battery will dominate the market and is estimated to hold more than an 80% market value share. It is expected to grow with a CAGR (Value) of 8.4% by the end of the forecast period (2018 – 2026). The present estimated value of the global TPMS Battery market is more than US$ 451.6 Mn in 2018 and the market will expand with a CAGR of 8.2% to reach US$ 847.4 Mn by the end of 2026.

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https://www.persistencemarketresearch.com/market-research/tpms-battery-market/tocGlobal TPMS Battery Market Dynamics

The global TPMS battery market is estimated to be driven by the increasing production of vehicles across the globe. Healthy growth in the automotive industry will also be a prime factor supplementing market growth. Growing regulations that mandate the installation of TPMS in developed regions such as North America, Europe and China act as a catalyst in the overall growth of the TPMS battery market.  Moreover, the increasing adoption of automotive safety systems is the key factor driving the growth of the tire pressure monitoring systems (TPMS) market. This will further upsurge the demand for TPMS batteries over the forecast period. Product development is expected to remain the major focus area for leading players in the market.

On the other hand, one of the major challenges faced by TPMS battery manufacturers is that new TPMS sensors requires no batteries, which is anticipated to hamper the growth of the TPMS battery market over the forecast period. Moreover, TPMS sensors help in tracking vehicles, which is also expected to hinder the growth of the TPMS & TPMS battery market in the near future. Leading players in the market are observed to use research & development as a major part of their strategy to launch new and innovative products.

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Global TPMS Battery Market Forecast

Market insights suggests that the overall width of the global TPMS battery market will expand within the forecast period. Several positive changes are expected to fuel the growth of the market. The market is relatively small and each portion has a crucial role to play. By battery type, the CR type battery segment will play a pivotal role in building market revenue and is expected to occupy a major share of the market. The report hints that the lithium ion segment by type will account for a value share of 92.0% in the global TPMS battery market by 2018. Amongst the major markets, North America will show promising results within the forecast period. The region is estimated to represent a 40.1% market value share in 2018 and the market will expand at a CAGR of 8.1% within the stipulated time period. The sales revenue of Europe will surge up to US$ 261.0 Mn by the end of 2026 with an increasing CAGR of 7.8%. The markets globally will remain fertile and vibrant during the forecast period.

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Global TPMS Battery Market: Competitive Landscape

Some of the key market participants reported in this study of the global TPMS battery market include Murata Manufacturing Co., Ltd., Panasonic Corporation, Maxell, Ltd., Duracell Inc., The Swatch Group (Renata SA), BE-Power GmbH, EVE Energy Co., Ltd., Guangzhou Mai Sheng Energy Technology Co Ltd, Suzhou South Large Battery Co., Ltd. and Shenzhen Pkcell Battery Co., Ltd.

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Diesel Particulate Filter Cleaner Market Potential and Niche Segments, Geographical regions and Trends 2018 - 2028

Introduction: Diesel Particulate Filter Cleaner Market

It has become increasingly necessary to choose cost effective and highly efficient fuels for vehicles due to the increasing prices of fuels. Although diesel is more expensive than gasoline, diesel proves to be cost effective and more efficient. In addition to this, diesel enables higher extraction of energy as compared to gasoline. All diesel vehicles, now a days, have diesel particulate filter cleaners which capture the un-combustible fuel from the engine to prevent the environment from getting spoiled.

Diesel particulate filter cleaners have the ability to reduce hydrocarbon and carbon monoxide emissions by almost twenty percent. Conventional cleaners contain iron which initiates the regeneration process and diesel particulate filter cleaners use a combination of cerium and platinum which improves regeneration and cleaning of the engine. Owing to less iron content in filter cleaners, the service life of filter cleaners increases manifold times. There are several pros of using diesel particulate filter cleaners over conventional filters. For instance, diesel particulate filter cleaners reduce combustion throughout the fuel ignition cycle, clear and restore blocked soot filters without disassembling and also require frequent repair costs.

However, environmental concerns are the top priority in the diesel particulate filter cleaner market. Owing to these benefits, the demand for more durable diesel particulate filter cleaners is expected to increase in near future.

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Market Dynamics: Diesel Particulate Filter Cleaner Market

Fuel efficiency and cost effectiveness are the prime key drivers responsible for the growth of the diesel particulate filter cleaner market in the near future. Another key driver for the growth of the market is that automobiles have become an integral part of the human life in most of the countries. In addition to this, fuel expenditure has become a prime concern for users across the world. With benefits, such as better performance on highways and increased engine life, diesel particulate filter cleaners have proved themselves to be a viable option for the future growth.

Another factor driving the growth of diesel particulate filter cleaner market is reduced emission rates and increased efficiency of the engine. That apart, these cleaners also lower down the servicing cost of a vehicle. With growing awareness and need for ecologically safer vehicles, increasing number of diesel vehicles are being preferred, leading to the growth of the Diesel Particulate Filter Cleaner Market. Moreover, latest technical advancements in diesel vehicles have further driven its attractiveness. Despite its immense benefits, the diesel particulate filter cleaner market faces few challenges owing to the higher price of these cleaners and slow and louder noise as compared to petrol vehicles.

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Market Segmentation: Diesel Particulate Filter Cleaner Market

On the basis of classification, the diesel particulate filter cleaner market can be segmented into:

Passenger Cars

Commercial Vehicles

Others

On the basis of sales channel, the diesel particulate filter cleaner market can be segmented into:

Original Equipment Manufacturers

Aftersales Market

On the basis of material type, the diesel particulate filter cleaner market can be segmented into:

Silicon Carbide

Ceramic Fiber

Others

Regional Outlook: Diesel Particulate Filter Cleaner Market

The diesel particulate filter cleaner market is expected to show moderate but steady growth in the coming years. On the basis of regional growth, North America is expected to be the largest market and will be followed by Western Europe and Asia Pacific in the Diesel Particulate Filter Cleaner Market. Increasing stringent regulations being implemented by several environment agencies in European and Americas countries have led to demand for advanced and innovative technologies in the diesel particulate filter cleaner market in order to reduce the release of particulates in the environment. This is expected to lead to positive growth of the Diesel Particulate Filter Cleaner market in Europe. On the basis of growth rate, Asia Pacific is expected to witness significant growth in the coming years, especially in China and India, which will be followed by other Asian countries, such as Malaysia, Indonesia and Thailand.

Some of the key players in the diesel particulate filter cleaner market are:

Wynn’s

Millers Oils Limited

JLM

TUNAP

Archbold Radiator

Ceramex

FSX Equipment

Delphi

Eminox

Faurecia

Bosal International

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Acoustic Emission Based NDT Market Opportunities and Forecast Assessment,2018 - 2028

Acoustic Emission Based NDT Market: Introduction

Acoustic Emission refers to the production of transitory elastic waves produced due to the sudden re-distribution of stress and strain in a material. When the material is subjected to extra stimulus, such as change in temperature, load or pressure, energy release is triggered in the form of stress waves. These stress waves propagate towards the sensors that record them. Using the right equipment setup, waves on the order of 10-12 (Pico meter) can be recorded.

The study provides market analysis with reference to services side of the market which is commonly referred as acoustic emission based NDT market hereafter. Acoustic emission testing is a non-destructive testing technique. In this technique, instead of supplying energy to the specimen, the sensors listen and record the energy waves released by the specimen. Detection and analysis of acoustic emission signals supplies valuable information with respect to the origin and the importance of discontinuity in the material. Also, acoustic emission based non-destructive testing deals with the dynamic changes in the material, thus highlighting only the active features and flaws, such as crack growth, in the material. This provides an ability to distinguish between stagnant and developing defects which, in turn, drives the acoustic emission based NDT market. The versatility of acoustic emission testing enables the process to find industrial applications, such as monitoring weld quality, testing for leaks, detecting flaws and assessing structural integrity. Also, acoustic emission based NDT is finding applications in the petrochemical and manufacturing industries which propels the acoustic emission base NDT market.

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However, acoustic emission based NDT systems can only gauge qualitative features of how much damage is contained in the structure. This kind of non-destructive testing cannot provide the quantitative results (with respect to depth, size and overall acceptability of the specimen). Also, acoustic emission testing cannot function efficiently in noisy environments that contribute extrinsic noise to the signals. These factors challenge the growth of the acoustic emission based NDT market.

The trend of miniaturization has impacted the acoustic emission based NDT market heavily. As the testing is undertaken at different industries and different locations, the demand for miniaturized and portable testing equipment is on the rise. For instance, the acoustic emission based NDT equipment for oil and gas sector is required to be light in weight and compact in order to inspect specimen at locations that are tough to access.

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Global Acoustic Emission Based NDT: Market Segmentation

On the basis of source location techniques, the global acoustic emission based NDT market has been segmented as:

Multiple channel source location techniques

Linear location techniques

Zonal location techniques

Point location techniques

On the basis of End Use, the global acoustic emission based NDT market has been segmented as:

Automobile

Petro-chemical & Chemical Industry

Electrical Utilities

Aerospace

Construction Industry

Global Acoustic Emission Based NDT Market: Key Players

Examples of some of the key players operating in the global acoustic emission based NDT market are MISTRAS Group, Inc.; Asian Contec Limited; General Electric; Olympus Corporation; TechnipFMC; Applied Technical Services, Inc.; Sensor Networks, Inc.; Cygnus Instruments Inc.; Arcadia Aerospace Industries; Labino; Envirosight LLC; MFE Enterprises, Inc.; OKO Association; PCE Instruments; Guangdong Goworld Co., Ltd. and Starmans electronics s.r.o. among others.

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