Heavy Industry

Format: 2016-07-30
Format: 2016-07-30
July 29, 2016 | 66 Pages | SKU: IRTNTR10144

Overview of the global metal expansion joints market

Market research analysts at Technavio have predicted that the global metal expansion joints market will grow impressively during the predicted period and will post a CAGR of almost 10% by 2020. This market research analysis identifies the use of multi-ply bellows as one of the primary growth factors for this market. Multi-ply bellows consists of tubes arranged in a telescope model before being subjected to the forming process. These tubes are closely placed so that the convolutions that are formed possess appropriate hoop strength. Since the convolute bends independently when the bellows are subjected to movement, the stress developed in the thinner layers of the bellows is much lower. Additional advantages such as high-pressure capacity, low maintenance cost, and reduced chances of sudden failure will account for the increase in demand for multi-ply metal bellows.

Elastomer bellows are mainly used in HVAC installations and owing to their benefits, such as lateral and axial expansion compensations, high tolerance to installation, and noise reduction, they will soon find significance in several applications including petrochemical and shipbuilding industries.

Competitive landscape and key vendors

The market is marked by the presence of several international players who offer a wide range of products and services to meet the demands of end-users. The market, especially in the developing nations, is also characterized by the presence of several regional metal expansion joint manufacturers and as a result appears to be fragmented. As international vendors are increasing their market presence, the regional or local expansion joint manufacturers are finding it difficult to compete


July 29, 2016 | 73 Pages | SKU: IRTNTR10215

Overview of the test and measurement (T&M) market in Thailand

Market research analysts at Technavio have predicted that the test and measurement (T&M) market in Thailand will grow steadily during the forecast period and will post a CAGR of more than 5% by 2020. Test and measurement solutions are constantly used by end-user industries, such as mobile device manufacturers, telecommunication service providers, network equipment manufacturers, and telecom service providers. The presence of several mobile device manufacturers in the countries in APAC such as Thailand, Indonesia, and India drives the demand for test and measurement equipment as manufacturers and service providers are in the constant need to deliver high-quality and performance services to customers. Also, the growth in demand for high-speed Internet will induce service providers to upgrade their network, which will subsequently compel customers to purchase new smartphones. This growth of the telecommunication sector will be one of the major factors driving the growth of the market in Thailand during the forecast period.

Analysts predict that the rise in demand for automatic test equipment (ATE) will be one of the major trends that will gain traction in this market during the next four years. ATE systems can simultaneously test SoC (system on chip) semiconductors’ logic, analog, and memory circuits. Semiconductor IC vendors are going fabless and focusing on reducing their expenditures for the operation and maintenance of foundries, they have started outsourcing


July 29, 2016 | 46 Pages | SKU: IRTNTR8289

Outlook of the global earthing equipment market

Technavio’s market research analyst predicts the global earthing equipment market to grow steadily at a CAGR of more than 6% by 2020. Factors such as the augmented need to meet the rising electricity demand and the reconstruction of the existing power grids will impel the adoption of earthing equipment during the forecast period. Additionally, the ability of earthing equipment to discharge over-voltages from the overhead ground wires to the ground is a critical factor that will foster its adoption during the forecast period.

The rising demand from the residential sector is the key driver for the growth of this market. Earthing is required in residential buildings to protect residents, machinery, and appliances from electrical surges. The ability of earthing equipment to provide a safe path for the dissipation of short circuit currents and to provide a secure platform for the operation of sensitive electronic equipment will result in its increased implementation in residential buildings during the forecast period. 

End-user segmentation of the earthing equipment market

  • Residential
  • Commercial
  • Industrial

In this market study, analysts have estimated the industrial segment to be the largest market segment during the predicted period. The industrial segment will witness extensive usage of earthing equipment in the aviation sector, where it helps in the static grounding and earthing of the aircraft. Since all aircrafts require externally generated electrical power supplies to facilitate servicing and maintenance, earthing equipment is increasingly being used to provide protection against the potential hazards of these external power supplies. 

Geographical segmentation and analysis of the earthing equipment market


    July 28, 2016 | 64 Pages | SKU: IRTNTR8611

    Market outlook of the compressor market

    Technavio’s research analyst predicts the global compressor market to grow steadily at a CAGR of about 7% during the forecast period. Compressors form an integral part of various applications in the oil and gas and manufacturing industries. The oil and gas industry is generating tremendous demand for air compressors, especially in the Middle Eastern countries and China, which is hugely responsible for the growth of the market. Compressed air finds various applications in this industry, including sweetening of gasoline, oxidation of sour water, and catalyst regeneration. Wastewater treatment plants require compressors for agitation to keep solids in suspension, drive the pumps to move the material, and supply oxygen as a measure to support the processing bacteria. As a result, an increase in the number of such plants is expected to fuel the demand for air compressors

    Technological innovations are anticipated to drive the market growth in the next four year. Several manufacturers are trying to design and develop next-generation air compressors that comprise a variable speed drive. For instance, Atlas Copco launched the GA VSD+ compressor in 2013. It was a grand success among all the end-users as it not only aided in enhancing customer productivity but also benefitted the environment. It helps in substantial reduction in energy consumption of up to 35% when compared to fixed speed air compressors.

    End-user segmentation and analysis of the global compressor market

    • Oil and gas
    • Manufacturing
    • Others

    The oil and gas end-user segment dominated the global compressor market during 2015. The global upstream oil and gas industry makes investments worth around $10 billion to $14 billion each year on valve applications. Compressors are vividly used in


    July 27, 2016 | 76 Pages | SKU: IRTNTR9900

    Overview of the global network analyzers market

    Technavio’s market research analyst predicts the global network analyzers market to grow at a CAGR of more than 5% by 2020. Extensive use of smartphones, tablets, laptops, and machine-to-machine (M2M) modules have increased mobile data requirements. Mobile data traffic is growing on a large scale due to the increasing utilization of higher bandwidth-consuming applications and services. With the surging mobile data usage generating more traffic on the network, mobile operators require testing to boost service quality. The continuous growth of the mobile data traffic on a global scale is driving the demand for effective wireless test and measurement (T&M) solutions, resulting in the increased demand for network analyzers over the next four years.

    Factors such as the increase in the number of mobile users, loads on mobile networks, and the emergence of IoT has triggered the development of 5G networks. These networks enable the use of unused frequency bands, such as the V band, to transport large amounts of data. They have multi-point connectivity with distributed multiple-input and multiple-output (MIMO) which can deliver several MIMO streams through a single device being connected to multiple sites simultaneously. Network operators are collaborating with testing companies for 5G technology testing and development, which has propelled the use of network analyzers.

    Competitive landscape and key vendors

    The market is dominated by conglomerates, which have consolidated their position through various mergers and acquisitions. These players pose a tough challenge for smaller regional players in terms of product differentiation and affordability. To sustain the market competition, vendors need to offer their


    July 27, 2016 | 78 Pages | SKU: IRTNTR9888

    Overview of the global industrial mixer market

    Market research analysts at Technavio have predicted that the global industrial mixer market will grow steadily at a CAGR of more than 5% by 2020. Process industries have started evaluating their production flow and exploring possibilities of integrating multiple upstream and downstream operations involving mixing, into a single step process. This would result in the usage of a single mixture and will help companies reduce their processing time and also their operational costs. This market research analysis considers this optimization through the one-pot process to be one of the primary growth factors for the industrial blender market. It helps in reducing the energy consumed, generates faster output, better clean in place opportunity, and also cuts down the process cycle to a certain extent. Preparation of pre-polymer, preparation of epoxy, and the preparation of medical gels are some of the key manufacturing sectors that have already combined their multi-phase operations into one.

    The operational load and speed of industrial mixers are fixed. This lowers their efficiency and also leads to material loss when the mixer is subjected to variable loads and speeds. Moreover, it also results in the increased maintenance and replacement costs of industrial mixing equipment. The integration of variable frequency drive (VFD) allows the mixer to meet the unpredictable load and frequency changes. It also regulates the thrust to achieve the variation in loads, offers high energy efficiency, and also prevents shaft failure.

    Competitive landscape and key vendors

    The market is characterized by the presence of many international players who offer a wide range of products and serve to meet the demand


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