Automation

Format: 2017-01-23
Format: 2017-01-23
January 20, 2017 | 69 Pages | SKU: IRTNTR11662

Overview of the global direct current (DC) power system market

Technavio’s market research analyst predicts the global direct current (DC) power system market to grow steadily at a CAGR of around 5% by 2021. One of the major drivers responsible for the growth of this market is the increased use of voice over internet protocols VoIP and light emitting diode (LED) lighting. VoIP is an emerging technology that uses the Internet for voice and multimedia communications. The technology has enough potential to overcome the traditional telecom market through its cost saving capabilities. Each VoIP device needs DC power either through a dedicated DC power supply unit or through power over Ethernet (PoE). Another major application where DC power systems are used is in LED lighting systems. The market share for LED lighting is expected to grow significantly due to the commercial applications of LED lighting. Moreover, the increasing use of LED lighting in the residential segment will further propel the growth of the DC power systems in the coming years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The key contributor to the growth of this market is the high demand for 380 V DC power system. The market for 380 V DC power system will serve as the replacement market for 48 V DC power systems in data centers and telecom network. Also, the increasing use of the 380 V DC supply in commercial buildings will augment the growth of the DC


January 13, 2017 | 81 Pages | SKU: IRTNTR11540

Overview of the Facility Management (FM) Services Market in North America

The facility management (FM) services market in North America is anticipated to grow rapidly and will post a CAGR of close to 14% during the forecast period. The value proposition offered to build owners will drive the growth prospects for the FM services market in North America in the forthcoming years. For instance, vendors are strategizing to help businesses achieve objectives in terms of cost and energy efficiency by providing them assistance during the early stages of the building design process. The value proposition may vary from social, environment to economic concerns. Vendors offering social benefits concern and care for inhabitants, including staff, customers, and external stakeholders. Similarly, environmental measures minimize the environmental impact caused by building operations, and economic benefit maximizes the shareholder profits along with overall business growth.

The convergence of internet of things (IoT) and smart buildings will drive the growth prospects for the FM services market in North America until the end of 2021. The deployment of IoT by smart buildings generate a real-time information that indicates building performance in terms of energy efficiency.

Competitive landscape and key vendors

The FM services market in North America is highly fragmented, unorganized, and competitive due to the presence of a large number of small and medium-sized unorganized players across the globe. These vendors increasingly focus on providing integrated services to their customers as they have high end-user


January 11, 2017 | 72 Pages | SKU: IRTNTR11507

Overview of the global insulation market

The global insulation market is anticipated to grow at a steady rate and will post a CAGR of more than 8% during the forecast period. The growing need for energy efficiency in buildings will drive the growth prospects of the global insulation market for the next four years. The commercial and residential buildings increasingly use refrigerator and air-conditioners and witness a high-energy demand, which contributes significantly to the global energy consumption. One of the major benefits of using insulation materials is to reduce the leakage of energy, which increase the efficiency of a building by cutting down on excess wastage of power.  Also, with the increasing cost of energy across the globe, the government of various countries is stressing on using products that consume less energy. Some of the major factors that drive the market’s growth include high noise reduction coefficient (NRC) value of 0.95, easy, hassle-free, and quick installation, and prevention of cracks in buildings due to thermal stress.

In terms of geography, APAC accounted for the maximum market share during 2016 and will continue to dominate the market until the end of 2021. Some of the major factors responsible for the growing demand for insulation in new projects are the infrastructural growth and the increased awareness about the advantages of building insulation. Also, the trend of building insulation in this region helps end users to inflate their overall profit margin as it allows them to regulate and optimize their energy consumption. Moreover, the growing rate of urbanization, industrialization, and the need for energy efficiency in buildings will also drive the demand for these insulation materials in the


January 05, 2017 | 69 Pages | SKU: IRTNTR11414

Overview of the electric drives market

Extensive research carried out by analysts at Technavio has shown that the global electric drives market will witness steady growth at a CAGR of more than 4% during the predicted period. The increasing focus on the use of robots for industrial automation is one of the significant factors driving this market's growth. Electric drives are widely used in robots and primarily control direction, movement, and speed in robots. The growing need for automation across industrial, medical, and services sectors will lead to an augmented adoption of robots, which will positively impact the electric drives market during the forecast period.

In terms of geographical regions, the EMEA region constituted the largest share of the global electric drives market and is likely to lead the market over the next four years. The water and waste water treatment industry in Europe is expected to boost demand for electric drives. Moreover, increasing investments in renewable energy in EMEA is also expected to boost the electric drives market in the region until the end of 2021.

Competitive landscape and key vendors

The global electric drives market is highly fragmented owing to the presence of several well-established small and medium-sized vendors. The large vendors offer high-quality reliable devices with technological advancement. However, the cost of these drives remains very high and these drives face intense competition from small vendors that provide low-quality products at low cost. The competition is likely to


January 04, 2017 | 100 Pages | SKU: IRTNTR11143

Overview of the global industrial valves and actuators market

Market research analysts at Technavio predict that the global industrial valves and actuators market will grow steadily during the next four years and post a CAGR of around 6% by 2021. This market research analysis identifies the growth of the water and wastewater treatment industry as one of the primary growth factors for this market. The rise in population in urban areas around the world led to the increased demand for high-quality water. Though several developed economies have well-developed water treatment infrastructure, they lack proper distribution facilities which lead to water contamination during transportation. As a result, governments across the globe will start concentrating on improving their water treatment infrastructure. This will consequently drive the growth of the market since industrial valves, and actuators play a significant role in efficiently controlling and monitoring water transportation and treatment activities.

This market research and analysis estimates that in terms of geographical regions, EMEA will be the major revenue contributor to the market throughout the predicted period. According to analysts, though the decline in oil prices that induced oil and gas companies to reduce their capital expenditure will affect market growth; however, the rising demand for valves and actuators from the other industrial sectors such as power, chemical, pharmaceuticals, and food and beverage will boost the market’s growth prospects in


December 28, 2016 | 67 Pages | SKU: IRTNTR11297

Global outlook of the managed industrial Ethernet switches market

Technavio’s market research analysts predict the global managed industrial Ethernet switches market to grow steadily during the forecast period and post a CAGR of more than 11% by 2021. This industry research report identifies the growing need for network traffic management to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The increased implementation of automation solutions will result in creating the need to address network traffic in a process line. This will lead to the adoption of managed Ethernet switches for prioritizing network traffic and transfer of data as per the process requirement.

One of the major trends that will gain traction in this market is the emergence of Power over Ethernet (PoE) switches. In addition to allowing users to power devices over Ethernet cabling, PoE also offers the potential for an economical standard based on a high-performance industrial network. This will reduce the amount of cabling required in a network and will also aid in the transition to Ethernet-based control systems in industries.

Competitive landscape and key vendors

The market is characterized by the presence of a number of players and appears to be consolidated since the key industrial Ethernet switch manufacturers account for the major share of the overall market revenue. The major automation solutions vendors such as Siemens, Schneider Electric, Rockwell Automation, and ABB provide complete solutions from field-level devices to system integration and communication and currently dominate the market. The market is also witnessing the


Pages